Greed is bringing loss for traders

[Cat Coin]

You are not describing a trader, but a beginner who has come with great expectations. A conscious trader will not allow himself to criticize what he earns. Therefore, so many are now dissatisfied with the crypto currency. Too many random people came for big money.

[onrise]

and some time many traders have lost their money on this,is who do a very large amount,as a rule most traders and invetsors,lost money, when in December of 2017 began the decline of the market,and people have lost just 5-10 times more than they had,and some projects do at the total of 2018 already uslu minus x 100

People who have discipline in life will make money and where greed overcome the discipline they will end up losing money towards the end. It is therefore said that set your goal and once achieved kindly execute the trade without waiting for long .

[dutechman]

That's definitely true, greed - an attempt to make huge amount of profit have caused a lot of loss to the traders. Some traders do not want to sell even at 20% gain on their investment probably they want 100%. I was once a victim of this in 2017. My investment appreciated by 400% instead of me to sell it and reinvest I left it, I seriously regretted that action. Investors should be careful of greed.

[aimata27]

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 I agree, that kind of greed sometimes becomes loss for traders or investors. It is always better to set a target value to sell than to wait for your altcoins to give you 1000% profit only because of your imagination that the bulls will run again on the next morning.

[DreamStage]

Well for instance they have to know how much you can lose on an alt coin price variation.
Also it's situational in a way where if it's an HOT coin with lots of traders and has potential they might see it as profitable else they just dont trade with it.

[qomariah95]

Of course everyone has their own profit target. Some have targets per day, per week and also monthly. There is nothing wrong with large or small targets. As long as it's profitable, of course it's not wrong for someone to have their own target. If you experience a loss that is the risk obtained.

[IVEXO]

What can be done to ease greed amongst investors ??

The best for greedy investors; let them naturally learn the habitats of crypto currency space
Which is all that matters; no matter the teachings and wordings

You cannot influence the decisions of other people except they decide to do so

[spike420211]

Greed is the result of inexperience. Probably every experienced trader in the process of becoming a career faced with the fact that he was overwhelmed with greed and he made the typical mistakes beginner. It is precisely the absence of knowledge and a counting strategy that leads to this.

[jackblacksparrow]

Greed is the result of inexperience. Probably every experienced trader in the process of becoming a career faced with the fact that he was overwhelmed with greed and he made the typical mistakes beginner. It is precisely the absence of knowledge and a counting strategy that leads to this.

I would not say that all experienced traders are very generous.  On the contrary, the more they earn, the more they are greedy.  Therefore, I believe that everything depends on the person and not on inexperience.

[pundit]

If you go to study trading rules, greed and fear are mentioned as two most common enemies of a trader. When there is a null market and a trader is running into 100% profit he does not sell there and does not even lock his profit rather he goes for searching of next target as he wants to make it 500% greed does not stop him there even it touches 500% and one day it drops like anything and trader keeps on waiting for this recovery but unfortunately it does not happen and in fear of losing all his amount he closes the trade in loss. This is the story of most of the traders. Trade should be taken with a proper plan so that no factor like greed, fear or emotions effect it.

[emberbekas]

Of course everyone has their own profit target. Some have targets per day, per week and also monthly. There is nothing wrong with large or small targets. As long as it's profitable, of course it's not wrong for someone to have their own target. If you experience a loss that is the risk obtained.

And once the target has been reached, a trader should end the trading session. In the past when bitcoin reached its peak and most altcoins were also increased in prices significantly, there were some greedy traders who insisted on holding their coins instead of selling them even though they already had the chance to get a good return because they believed that prices would continue to rise and never come down. Greedy is indeed bad if we feed it all the time.

[Permabull]

If you go to study trading rules, greed and fear are mentioned as two most common enemies of a trader. When there is a null market and a trader is running into 100% profit he does not sell there and does not even lock his profit rather he goes for searching of next target as he wants to make it 500% greed does not stop him there even it touches 500% and one day it drops like anything and trader keeps on waiting for this recovery but unfortunately it does not happen and in fear of losing all his amount he closes the trade in loss. This is the story of most of the traders. Trade should be taken with a proper plan so that no factor like greed, fear or emotions effect it.

That's very common for aspiring traders. However, those sticking to their strategy play well in any market.

[cunguks]

I would not say that all experienced traders are very generous.  On the contrary, the more they earn, the more they are greedy.  Therefore, I believe that everything depends on the person and not on inexperience.

you are right, I have experienced it myself. when trading on the market and in good and favorable conditions, it made me greedy with what I had gotten. in daily trading, profits are those that must be earned even though it is only 5-10% that we can get, but greed will not make it all achieved.

[Kelvinid]

Greed is the result of inexperience. Probably every experienced trader in the process of becoming a career faced with the fact that he was overwhelmed with greed and he made the typical mistakes beginner. It is precisely the absence of knowledge and a counting strategy that leads to this.

I would not say that all experienced traders are very generous.  On the contrary, the more they earn, the more they are greedy.  Therefore, I believe that everything depends on the person and not on inexperience.

Human satisfaction really on that high which is hard to reach. Greedy will be just like a disease and it might eating us until we realize it.
Greed is present to all of us and not just for traders. Yes they want more as they've never satisfied for small and so they'll working hard, and succeed.

There is no argue with that, that's the life we are now today and we are just practical enough cause money is very important and we can't live without it.  

[davinchi]

naturally, greed brings loss for everyone, dont know a person who won because of greed
speaking about traders, everyone knows it but this is a human nature we are greedy sometimes it is hard to stop

when we trade and get profits and the market is still good, that makes it difficult for us to stop, and greedy for greater profits. we can lose moments at any time, we must be careful and keep our ambitions.

Yes, everyone wants to make quick huge money. That’s why a lot of them were caught up with the bear market after the 2017 bull run. A lot of people who got in then were expecting the price to keep moving up at such speed, they forgot that Bitcoin and other cryptocurrencies are something volatile, that it won’t continue to rise forever. They forgot that a time will come when the price will fall. And that’s what happened and they all lost their money in it.

[Soberb]

Greed will never do good to anyone in any sector. I have seen many people suffering losses just due to their willingness to want more. The theory of wanting more is just detrimental in the lives of people. People should learn to be content with whatever they have and whatever they get. How greed will lead you to a loss in cryptocurrency? For example, if you have held a coin which increases to $ 1, $2 and $ 3 and reaches $20 over time. But you do not sell them in the hope that it will increase more. Then suddenly it decreases in prices and goes down to $ 0.50. And you sell, then you suffer a loss.

[kiansantan]

I agree with you. With greed makes someone think unrealistic. Because everything he wants must be his, so he tends to be reckless and deceitful.

[Fredomago]

I would not say that all experienced traders are very generous.  On the contrary, the more they earn, the more they are greedy.  Therefore, I believe that everything depends on the person and not on inexperience.

you are right, I have experienced it myself. when trading on the market and in good and favorable conditions, it made me greedy with what I had gotten. in daily trading, profits are those that must be earned even though it is only 5-10% that we can get, but greed will not make it all achieved.

Reason why many traders loses the opportunity to earned as they continue being greedy not to take the opportunity to sell while they have the chance to get the benefits, instead they continue to proceed waiting for much bigger value, greediness will bring you much bigger chances losing instead of winning position.

[Ranly123]

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 that is not greed, it gambling their money in hope to earn more. Whether you like it or not, its in the nature of human not to be contented on how small they can profit in their investment.

[vertinfos]

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 ??

Any trader should know the goals and go to them , always the growth of the coin can not continue , you need to be able to control greed