Greed is bringing loss for traders

[tunapa]

this is natural because human wants is simply insatiable. we always want more everyone and there is nothing bad about this but there are many ways to go about this and avoid losing your capital and its to remove your capital with little profit and allow the rest to grow if it eventually moons but if not you wont feel hurt because your capital is intact with little profit.

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[mistanama]

It is one of the leading cause for them to rage quit because they often lose a lot of money because of being greedy to earn a lot of money and the opposite thing happen. They should control the greed out from their body and master controlling their emotion in order to have a smooth trading journey towards success.

[Moiyah]

So many times that I've been lose because of my greed. I hate myself everytime that instead of winning and yet I am losing. We must learned our mistakes that it will not bring any success if we instill greed in every trades or in whatever field we are doing. Setting it aside is the good thing to do.

[BeGoods]

Greed is natural in human being no matter how highly group of human being you are because it involves money. Just like gambling, the more you want cover your looses the more you loose at the end.

I think this needs to be taken a bit light now. No more psychological pressure. You are very well versed with the risk in the cryptocurrency business and that it is uncertain to make money here all the time which means that you should have another means of making money as well. This is important. If you have other means, you would be secure and only them you would be able to hold for long despite the risk which always pays off.

I admit that, because I also often experience it, everyone has that nature, we have a goal to be rich, and greed will certainly come because of that, but if you use greed to make choices then the results will never be maximum or even bringing loss

[Mealea]

Greed is one factor that has cost many their portfolio, i think it is high time for investors to learn how to cash out even at the least profit.

[Rtalk]

Greed is one factor that has cost many their portfolio, i think it is high time for investors to learn how to cash out even at the least profit.

Experienced investors and traders who adhere to a strict strategy of risk management and money management- have no problems with greed.
The syndrome of lost profits and greed are peculiar to beginners who do not have a clear strategy and do not know what to do when the situation gets out of control.

[benjamin11]

Yes thats definitely true. Being greedy in cryptocurrency world usually end up bad. Most them loss a lot at the end. For traders, you should set your goal or your target and you should be firm in following them. When you reach your target, its time to stop bo matter what because if you decided to go on, its already a sign of greediness.

[Babbylily1112]

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 don't see it as been greed,  this is normal with every human but nonetheless it has made traders that would have made quite a good profit from trading to have little or nothing at the end of the day

[anatolij.shishkin]

Greed is one factor that has cost many their portfolio, i think it is high time for investors to learn how to cash out even at the least profit.

Experienced investors and traders who adhere to a strict strategy of risk management and money management- have no problems with greed.
The syndrome of lost profits and greed are peculiar to beginners who do not have a clear strategy and do not know what to do when the situation gets out of control.

Yes, and experienced investors do not know. The biggest problem in cryptocurrency is the sense of loss of profits. How many people regret today that they did not invest in cryptocurrency 10 years ago? Any investor or trader is elephant to experience such emotions.

[JuggSlash]

No, no one could bring you to loss except YOURSELF. Just be careful for each trade, only trade if you know the risk and only trade if you know when its going to pump nor dump.

[79b79aa8d5047da6d3XX]

This is common among all humans the feeling of wanting more. It all boils down to decsiplene.  A decsiplened trader will set a target and maintain that target even if the price is shooting up after the target has been met. With this strategy one can minimize unnecessary loss

[Mcmich]

I don't think anything can be done in regards to greed. Each and everyone of us has that in us one way or the other. The only remedy to greed is self discipline. If one can set his priorities and targets and stick to it, greed won't have a hold as to the business.

[aysg76]

Well, greed is human nature as the feeling of wanting more from what one is having is common among all but this problem usually takes the traders and investors to the loss. But we all are humans and often make a mistake but the most essential is to learn from our mistakes. As only this way one would be able to succeed in the market...

[Fortify]

Greed has driven losses since the beginning of time. It is how casinos have grown so big and why wall street traders are some of the highest earning professionals around. The winners are the people who are best at calculating and minimizing risk.

[Clearstream]

in my opinion. the best way is to set a realistic expectation. for example, when the coin reaches 5X. I should sell it. If u expect an unrealistic 100X, u may not get anything, at the end.

[jerrison]

Well from the above statement i do perceive that to be that attitude of a non startegic person who can not understnad how the market functions and the very possibilities of lossing in  a twinkle of an eye. Basic knowledege on trading is required in achieving this thanks

[emberbekas]

in my opinion. the best way is to set a realistic expectation. for example, when the coin reaches 5X. I should sell it. If u expect an unrealistic 100X, u may not get anything, at the end.

Yes, putting a realistic target would be better than letting it flow all the time because we wait for a big multiplier. We can then make another buy order after taking advantage of our previous trading session. Without a plan / target, we may be greedy and want to get a profit that might never be achieved or if it could be achieved, it will take a very long time.

[criket]

Well from the above statement i do perceive that to be that attitude of a non startegic person who can not understnad how the market functions and the very possibilities of lossing in  a twinkle of an eye. Basic knowledege on trading is required in achieving this thanks

basic knowledge for trading may all already be known, where the trade carried out must get a profit. but for the crypto market, everything is different, we have to think and learn more deeply about the crypto market. First, we will understand this market working system to make it easier to make a profit.

[BlackFor3st]

There are plenty of mistakes that we cannot avoid in investing our money but we should not commit this mistakes again and again.
Dreaming high upon investing a little amount of money is only normal but we should always limit ourselves, as it will kill us someday.

This is what most of us call greed, being greedy is a bad habit that we need to minimize especially if we want to long last in every investment that we like to enter.

[Mr.Noda]

Losses are all those who are involved in cryptocurrency. And traders and holders! Perhaps especially holders.