Greed is bringing loss for traders

[motienvolam]

I thought that many traders had already learned not to feel greed, because it is greed that is a big obstacle, it is greed that causes big problems for all of us. We must have a sense of proportion and not in a hurry.

I don't think majority of traders learned that lesson, even they lost money due to their greedy trading habbit in the past. It basic instinct of greedy investors, and they hardly to wipe out that habbit. So, this is main reason why we have profitable traders and lost-traders. They have opposite trading habits, and different ability to control their emotions when trading. Eventually, they have different endings with their trading orders, profits and losses, very opposite endings. Generally, traders who have better ability to control their emotions, their greediness have higher chance to get profits.

[pleci]

In investing there is knowledge or method so that it cannot be careless, this is a matter of money we must be able to think clearly and not be rash in investing. The logic is that the more money we invest, the more we make a profit, but Crypto moves very quickly and very broadly, so there are so many risks. My advice is not to start with a little because it will be a hill.

[uszaty43]

Greed is one of the attitudes that you need not cultivate when engaging in cryptocurrency investments. It would bring great loss to you because you would be so dumb to be holding when you had to sell when the cryptocurrencies hit their all time high. know when to hold and when to sell your c

[Yamifoud]

In investing there is knowledge or method so that it cannot be careless, this is a matter of money we must be able to think clearly and not be rash in investing. The logic is that the more money we invest, the more we make a profit, but Crypto moves very quickly and very broadly, so there are so many risks. My advice is not to start with a little because it will be a hill.

It is not we called it greediness if we want more, it is our goal and we must have to make a way just to achieve it. But some of us badly thinking about it as a GREEDY person which they are actually wrong.
As a trader, our profits rely of how much we invested . And you are right, the more funds you have, the more chances that you'll get more profits also. This is the reality and it is not the way that brought us into losses.

[mirgo1791]

as use with returns to gives with spares of difference on trader to manage work on crypto trading, more of partisan might gains with involvement to becomes part with field of manage on works with the bitcoin finance.

[culuuton]

The crypto market is very potential and is an opportunity to get rich very quickly for investors but the risk is divided equally for them. Who knows to stop at the right time will avoid losses and bankruptcy.

[iqlimasyadiqa]

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 ??

greed is one point that will make a trader fail. Greed is bad because a trader will not have certain limits in determining their target. the fact is that many traders experience destruction in their decisions when they are greedy. avoid the greed to achieve success. a trader must be able to control his emotions and greed is part of emotional control.

[kemetz]

investing in cryptocurrency has a good chance and has the potential to be able to benefit in the long term, but it depends on the potential coins held because not all coins will be able to provide benefits and not know what will happen in the future.

by changing the paradigm of thinking of greedy traders maybe they can think further with the risks to be gained is great but the future is bright and chance will be reduced slightly, by doing crypto trading will definitely get profit or loss depending on us alone in taking decision.

[manismanja]

The crypto market is very potential and is an opportunity to get rich very quickly for investors but the risk is divided equally for them. Who knows to stop at the right time will avoid losses and bankruptcy.

the chance to get rich through Cryptocurrency but it's not easy to get big profits.
if you run it smoothly, maybe you can get a lot of money, but in the Crypto world there is a big risk that there are many twists and turns to face.
people who can get rich quickly can use their time well and when the market starts to grow, but only lucky people get a lot of profits quickly.

greed can fall into losses because the market can change at any time so that it can be used when the market improves.

[adekogbe]

Trading cryptocurrency forex or any other type of digital currencies is never about how smart you are or how good you are, but the chances that you make money or not is often down to how emotionally disciplined you are.
It is possible for a trader to make a lot of money but lose it all because of greed, so greed is the first thing Traders should put in check.

[Danslip]

Trading cryptocurrency forex or any other type of digital currencies is never about how smart you are or how good you are, but the chances that you make money or not is often down to how emotionally disciplined you are.
It is possible for a trader to make a lot of money but lose it all because of greed, so greed is the first thing Traders should put in check.

It is not an IQ or chess game to compare intelligence. Trading is about making money and it is the art of increasing the balance with various tools. Greedy people will force their chance with accepting wrong decisions base don their emotions.

[Zuxe]

Greed should be something we must avoid in trading because they do not tally together, it may only lead to an excruciating lose Of the traders assets and could subject the trader to emotional trauma.

[Gridness]

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 ??

at the point, don't be greedy. we must can control our emotion, we must can manage our situation in trading. many people lose money because their greedy

[mammoniter]

Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.

[etherclassic]

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 ??

Should the traders has trading plan before doing trading alternatives on the market, for example entry and exit markets is one of many trading plan. If the traders has made entry and exit the market they will not missed the chance to getting profit, unfortunatelly there are many traders whom does not make trading plan (especially the newbies) then they blame the alternatives coins and trading alternatives coins activity than learn more about trading alternatives coins.

[julius caesar]

this is not exactly "greed" it is called newbishness.

because when you are a newbie you obviously don't know what is going on. so instead of using your experience (which doesn't exist for newbies) they have to rely on their emotions and the advertisement they read from other pumpers that are fooling them. as a result they end up thinking they can make more money and continue bag holding instead of cashing out.

I think they are not getting mistake on holding their investment even if they continue accumulating more and more crypto to their porfolio. What they are doing is really supporting the market to make it stable through hodling. And if the volume of newbies will increase further soon, they are as important as whales to consider.

[biangkerok]

I think they are not getting mistake on holding their investment even if they continue accumulating more and more crypto to their porfolio. What they are doing is really supporting the market to make it stable through hodling. And if the volume of newbies will increase further soon, they are as important as whales to consider.

everything is important, both beginners with their small money or experts with their big money. they still have an important role in the crypto market and project investment. as well as traders, who develop their trade every day.

[akungagal]

Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.

that's right, i also always set my target.
my experience of greed was too much and it didn't get me anything. that's why at this time i always set my target and waited patiently to get it.

but 30% is too big, i always target 10-15%. the current market is too bad to reach a 30% increase.

[poodle63]

Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.

that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.

[Caladonian]

Yes its definitely one of the saddest truth. Too much greediness will lead you to nothing. To avoid this thing from happening, you should set your goal or target and be strict to follow them. If you set your goal to gain 30%, if you reach that then stop. Don't always ask for more because you might end up with nothing. Since crypto is very unpredictable, anything can happen. Try to set your target as realistic as possible and be contented to small gains.

that's indeed and that always happens with me. When someone aims to be a rich person instantly and they will keep their token even that token goes even higher than before. The fact that greediness makes us get a lot of looses. It's really important for us to able to control our emotions and intention.

Most of the time traders and investors who desire bigger benefits when the hype took place ends up regretting, instead of enjoying the profits they are begin to doubt how things will go back to what they intend to happen, there's cases where bad news affects the rise of certain coins this traders are easily been moved dumping at expense of losing money, regretting and keep saying, "If I sell it much earlier, I supposed to be in a profit position."

We seen those sentiments, but we also failed sometimes to follow because greed wins over us.