Greed is bringing loss for traders

[mrdeposit]

Greed cannot be totally eradicated from crypto traders no matter how much experiences the individual have gathered in the ecosystem. But the ability to minimise it to a certain meaningful level is the best.

Greed is harmful when not used at the right time. For example, when prices go down, collecting from the lower price does not cause any loss, but rather profit. The expectation for more earnings is also greed that leads to a loss.

[kamilah147]

its a normal for human nature, when some traders tasting a big of profit, the feel of want more will coming, thats it the greed, 1 day he feel happy of profit, the next day he will sad because want more profit but honestly getting loss.

Isn't that the ultimate goal and the main investment in crypto currencies, but with conditions and situations that, like today, investors must be smart in utilizing every opportunity that will be obtained in investing with the crypto currency

[rdewilde]

Yes, that's what traps most traders as they will be aiming to make X10 without being contented with the profit they have made. Crypto trading comes with due and appropriate knowledge of which greed is not among. A true trader exit the market with profit no matter how small while looking for another to enter.

[crispynougat]

I think this is very natural and they are not greedy. It's just that they have a larger amount of funds. But if we see that we actually benefit greatly from the presence of large investors. They are able to pump up the price of coins because they buy coins in large quantities. So that we can feel a high price increase too and if we have a coin we can sell it directly.

[lutfi-hasan]

Of course greed is a very bad character, and according to my religion it is explained that greed will cause destruction, both in the world and in the hereafter. Therefore when we do trade we must avoid greed.

[mamesso]

I am a person who often experiences this, it is difficult to control emotions and greed has caused me to lose control in trading.
you should multiply exercise and focus on profit. even though it's small.

[CryptoKush]

I think that many crypto investors lacking discipline and knowledge. Perhaps this leads to the fact that many traders have greed.

[Psynthax]

Yes, that's what traps most traders as they will be aiming to make X10 without being contented with the profit they have made. Crypto trading comes with due and appropriate knowledge of which greed is not among. A true trader exit the market with profit no matter how small while looking for another to enter.

but so many traders are lack of knowledge about that and they only care about it will go up to xx and that's a contradiction for any traders. Whatever how much we have gained and we must take it out from the market and volatility. people are being a convenience to hold for the long term while it's not the best choice that they can take it.

[arufox]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

This is can happend, if people invest 100$ can be 3000$ if he hold it, But he must to know, first choose great coins, second he must patient, Many people want to make big profits but he not patient. Patience is the key. See bitcoin need about 9 years to reach the high price. If you can patient like that, so you will make it happen

I know about people who blame crypto because their fault. C'mon its your fault not crypto. So learn more about crypto before invest

[restuibu]

Traders always sell the coins they buy with whatever profits they get because traders will not hold coins for a long time. and in my opinion, what you say is not a trader but a token holder who is very greedy and doesn't have much consideration

[BennyK]

Greediness is a very powerful tool which is capable of yielding both good and bad results. It turns out to be any of these depending on how an investor controls and utilizes it to his benefits. Out of greediness, investors can increase their profit by enlarging or diversifying their portfolio through the investment in different coins or projects. But too much greediness tends to blind investors such that they fail to recognize when the coin bulls and its ready for withdrawal.
All these points to the fact that investors must know the coins in possession and their capabilities through their personal researches in order to know how long to hold and when to sell to make profit.

[freedomgo]

Traders always sell the coins they buy with whatever profits they get because traders will not hold coins for a long time. and in my opinion, what you say is not a trader but a token holder who is very greedy and doesn't have much consideration

Traders can also hold their coins for a long time, we call them long term traders.
Investors and traders has no difference if they both hold for long term, because an investor will eventually trade his coin to cash out into fiat.

[republicrypto]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

well, a smart traders must have a good psychology level, so, they can't control their emotions in their trading activity
wich mean they will stop when they got an enough profit, a realistic profit,,
if traders still greedy in their trading activity, i think they should learn about psychology first before they trade buddy
"the key is be patient and don't be greedy "
regards

[LUCKMCFLY]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.

[efxtrader]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.

I am agree, we make investment because we believe on the long term. If we make trade, i am believe we wont greed and expecting earn profits 100% in just one night. In any market, the price always volatile and profits or loss is very usual for investor. Its depend on our investor behaviour and i think we should patience with our investment the portfolio value decrease

[gabmen]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.

I am agree, we make investment because we believe on the long term. If we make trade, i am believe we wont greed and expecting earn profits 100% in just one night. In any market, the price always volatile and profits or loss is very usual for investor. Its depend on our investor behaviour and i think we should patience with our investment the portfolio value decrease

I think it has a lot to do with the person's mindset. For a lot of experienced traders, this probably isn't a big deal anymors since they fully understand how the market and trading works. For newbies though, greed is going to teach them a very important lesson. That is if they still want to be in the market.

[ZEIIMAN]

Stop trading. Few traders actually profit from trading. And those who can not earn it will look for different reasons to justify their failures.

[Samboo]

Greed is your enemy everywhere, whether be it in cryptocurrency market or elsewhere. Your desire to get more will lead to your loss. For example, if you get 10 percent of profit right after you invest, you want to get your profit increased by double, triple, or by multiple times. And the coin will decrease in price after reaching its certain level, rendering you a loss. So do not be greedy. Be careful and try to content with even small benefit.

[jackblacksparrow]

It seems to me that greed is not bad. Sometimes this greed stimulates new ideas. As for me sometimes it plays for the good but sometimes it destroys you. Need to be able to properly use greed.

[Yalovtsev]

Itself know when all grown up very much in price,it was December 2017,and was at least 2.5-3 million roubles it was necessary to sell,not to be greedy,then we would have earned good amount of money here on your experience and imagine some traders or a few dozen acres of milionowa $ et losses have generally just a huge amount of money!