Greed is bringing loss for traders

[wesk1212]

I can not say that it is bad, but I can not say that it is very good. It seems to me that everything depends on what goals you set for yourself. Sometimes you need to be greedy to achieve something. And sometimes not, depending on the situation.

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[BeGoods]

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.

but will you do gamble for your trade? because greed can end in losses and profit. in my opinion it would be much better if the choice
was based not on greed but with a clear and precise analysis, the result will much better..

[fallensky7]

You are right, greed obscures the mind of novice traders, and causes them to lose their money. Then they say that the exchange is cheating, altcoin is crap and all divorce. They think trading is rapid wealth. Although trading is hard work, patience, knowledge, self-control and its own trading system. I think only losing money a trader learns to control their greed.

[Freescan]

It's human nature. It's difficult to avoid greed. Most of them want to get a lot of benefits including me, but as a trader we need to focus on the assets we trade if we don't want to lose the opportunity to sell. I suffered a big loss when the opportunity came and did not immediately throw away.

[Dessy88]

There is no problem for me, greed must be there, but that's where people have to know about the risks that are being faced at the moment, to be honest I'm shocked at this price drop.

true what you convey the purpose of investment is to get a profit if there is an opportunity to get profits, of course it will be used as well as possible

[adamlillian]

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 ??

To reduce greed, we can only experience many failures and start creating clear investment strategies and plans. More importantly, you must have rules and discipline for yourself when investing. It is imperative that you comply with the rules you have set. When you perform well for 3 weeks, you will definitely no longer be greedy.

[candra raditya]

I think where there are advantages, people will have the potential to be greedy, and that depends on our intelligence in managing greed in ourselves which leads to loss.

[meldrio1]

I agree greediness is bringing you losing money, that's what I want to change my style in trading, just be contented what you earned.

[hummer113]

If we had fixed profits in time, we would have been very rich, but where to get so much money for all. The most important thing is to learn from their mistakes, perhaps in the future I will be able to fix the profit.

[bce]

I think where there are advantages, people will have the potential to be greedy, and that depends on our intelligence in managing greed in ourselves which leads to loss.

I don't think everyone is greedy when there is a high price increase. because people who have been involved in crypto for a long time certainly don't think to do greed in a better condition.

[Dima95]

Greed, after all, is a very, very serious matter that today seems really not very pleasant, because there are big problems because of greed. You need to understand that this is a very serious sin - greed.

[Dennicex]

Greed, after all, is a very, very serious matter that today seems really not very pleasant, because there are big problems because of greed. You need to understand that this is a very serious sin - greed.

No need to be greedy. It is not only a sin, but it is a vice that will not give you peace for many years. Lost profits and greed are the main enemies of the investor. You need to take risks and invest in young projects (such as Sound Money Coin) and know when to sell coins in time and make a profit.

[Opnsrc]

Greed has always brought great losses , you should always control greed and be able to reasonably look at the market , and know your goals when to sell

I guess greed is more dangerous to the beginners that start working with the day trading. They make wrong choices (fast, to earn more) but after several exchanges, these people realize that they are losers.

[akitha]

agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down

[Japinat]

agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down

You can wait for a high price if you still did not see the price you want to see.
Every investor has our price to sell for a better profit, it's not called being greedy but being realistic, but once we failed to sell even
the price is already achieve, then we can simply call the cause of it is greediness.

[Papcio77]

We have faith in crypto so most of us dreaming to get profit not is impossible right now. The greed making the fool, lossing their own oppurtunity to get small profit. Dont be to greed to get high profit. Crypto cant give that at the moment so be contented for what profit it can give to us. The market is just paying in a small pump and dump. So hopefully everyone dont just sit and hold. We can still trade in that kind of market

[passwordnow]

agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down

I might wait for a higher price for the most popular coins and I can accept the risk that I'm taking for that particular coin. E.g. Bitcoin, Ethereum, Litecoin. While for those altcoins that has low volume and aren't popular, grabbing profits quickly would be my priority. I have already bear it on my mind that when it comes to those coins like that aren't so popular, it is the best decision to get out of it while you can take the money with you before being trapped.

[Loopper]

agree with you.. if the we know that the particular coins gain some profits grab the profit already don't wait for the high price, for the time you are waiting the price might fall down

You can wait for a high price if you still did not see the price you want to see.
Every investor has our price to sell for a better profit, it's not called being greedy but being realistic, but once we failed to sell even
the price is already achieve, then we can simply call the cause of it is greediness.

All humans are greedy in my opinion because you will always have an increase in the economy every month or year so we have to have high targets to see big profits in the future.

[biznes35]

Why make it easier? These investors can be described as very stupid. I'll be glad if they learn something. But they are our profit)

[davinchi]

What can be done to ease greed amongst investors ??

Your illustration is so simple, explanatory and this is exactly the major factor contributing to many failed trades, most traders are always full of regrets of not taking more than what they should have taken, it is better to build a mansion for 5 years and enjoy it for years, than to rush and build a mansion with few months and see it collapse on us.

If we could only see it this way, would our traditional bank have given us up to 1% of the profit we get through our trade no matter how little ? So we better take whatever it is that we can take from our trade no matter how little and compound it, the most important thing is how often we can trade successfully and the turnover.