Greed is bringing loss for traders

[jan.nicolas]

This news is as old as the world, so there is nothing to add except what has already been said many times. Greed destroys even the most experienced people, such people as a rule never admit that they succumbed to the bite of greed. Unfortunately it is.

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[Melo20]

If greed is left unmanaged and remains a formidable part of a trader's psyche, periods of sustained success can lead to a feeling of trade-related euphoria, as feelings of overconfidence can lead to aggressive risk taking and hyper-aggressive trade selection. The influence that greed and euphoria have upon a trader's psyche can be substantial and harmful to a healthy trading mindset. The task of managing these issues must be honestly addressed in order to overcome the challenges they pose to profitability.

[Mr.Noda]

In this market, everything is lost and not only traders but also holders even more.

[[btc]YSG]

Traders with such strategy will always lose, Traders just need have their own strategy and stick to it, trading is different from holding for a long term purpose, getting little profits regularly is what a trader should be worried about, not hoping to buy the universe someday.

[ivanserfg]

In this market, everything is lost and not only traders but also holders even more.

everything is correct, the market is waiting for such moods to prevail. That's when he will go to further growth.

[integrity42]

I am not a proponent to trade every day so tiring. Sit on your computer or phone every day. It is better to invest in long-term and set realistic goals.

It all depends on the person that he likes better and in his opinion will bring more income, and much depends on the skills, someone can better find promising coins and invest in them, and someone can trade in the short term

[lyks15]

I agree. Investors need to take away the greed and think a good strategy aside from holding. If you think that you are earning good and higher to the net price that you avail I think it is good to sell your coin and don't wait for the highest value that you want. If you want to earn more perform more trading activity and don't hold to much because it is too risky.

[nadyn]

Oh, if we were all perfect, we would be rich without exception! Of course, each person has different qualities, someone less greedy and more patient, another greedy and reckless, you need to learn how to find a balance and be more resistant to market situations!

[freedomgo]

Oh, if we were all perfect, we would be rich without exception! Of course, each person has different qualities, someone less greedy and more patient, another greedy and reckless, you need to learn how to find a balance and be more resistant to market situations!

We are not all perfect but as a trader we have to strive to learn.
Greed is already within us but we need to control that and make a decision that has a solid basis.
Being a trader we always make judgement based on proper research and not purely based on what and how we feel, as it's not surely gonna work.

[cvasy]

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 ??

It's not always can classified as greed.
Many people wants long trade such as keeping their investment for years, also this type of traders is successful trader with 100x times ROI

But to succeed in that way compared to 1: 1000, just look at them losing because of the greed they make. Suppose they trade more systematically, enjoy the results even though they are small, maybe they will not suffer losses. Come on, the market won't always go up,

[Kezacky]

traders have their own ways so that they know better what they have to do when trading. In fact, greed often happens because they want to get more profits and unfortunately they don't waste when there is a chance, I also often experience that.

[jak3]

the market does not work on greed and so does no good trader is allowed to thing because of greed. traders are good with controlling their emotions and not do trade without good analysis. if you do not want to lose you all money then never put all your eggs in one basket, also trade with multiple coins each with good analysis so even if you face some lose you will still gonna make a profit with other coins. and not even professional traders cannot avoid losses. you as long as you had more wins than losses you are good to go.

[Pet240]

What can be done to ease greed amongst investors ??

Nothing can be done, but that they will have learn themselves. Nobody forces you to stop being greedy, circumstances will. Very few coins these days grow so high. Therefore, in order not to risk loosing, it will be better o sell when there is a little increase, then wait for the price to retrace again, that is, when it plunges, buy back and sell at another profit. It is quite as simple as that.

[ife2020]

Not only to traders, greed is a crucial part of man behavior and it happens mostly when we want to earn so much after giving so little

I have been studying the trade pattern for months and i believe taking out profit is all that matters

[okala]

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 ??

In my opinion not only traders are guilty of this type of greedy decisions most business men are, why will any one wanting to cash out a50% profits when he can actually wait and make 100% but if it goes other ways you may end up losing everything. But the market is full with risk and only those who can bear that risk survive.

[Beccaman]

The investor must set realistic goals that he must achieve when investing. Even if the coin grows further, he must sell when his goals are achieved.

It is better for traders to lock in profits than to wait for more profit and eventually go down, never be greedy and if possible always lock in profits

[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 they should do a good study before making the investment, because they should take into account the market phase that is currently taking place, that is, you can not buy at a distribution stage, and you can not sell at a stage of accumulation because you simply do not get benefits.

That is why many investors always seek advice in speculators, but speculators who base their analysis on the technical analysis without previously studying the market, it is necessary to know well the history of the currency to make decisions, that is, if it is determined that the currency it has a low yield with low market capitalization and that in its project they do not have innovation or have development, it is very likely that it will not recover, because it is going to fall, and investors will not be able to recover the investment because previously it has suffered many dumpees on the part of the community.

Investors should bear in mind that the fundamental thing when choosing a currency is the future vision that it will generate facing all the possible events to consider, be they good or bad, and have the action plan to follow.

[TomArayaSlaya]

Best idea is to have a considerable not crazy target say 5% or just 10% and then once it hit that you sell like 60% and hodl 40 if you think there will be spike in price that way you avoid unnecessary losses you might incur and your investment might even comes with little profit at the end

[Caladonian]

Best idea is to have a considerable not crazy target say 5% or just 10% and then once it hit that you sell like 60% and hodl 40 if you think there will be spike in price that way you avoid unnecessary losses you might incur and your investment might even comes with little profit at the end

Maintaining good system with your investment practices will help you to minimize greed and allow you to control over your emotions, if you can proceed and make this things possible it will benefits your trading activities, most of those who became a good traders also start from the scratch they win over their own selves and start  to practice the strategy that they build coming from their previous experiences.

Be lenient and stay calm and positive, emotionless trading will bring big success to you.

[Bitfling]

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 ??

In my opinion not only traders are guilty of this type of greedy decisions most business men are, why will any one wanting to cash out a50% profits when he can actually wait and make 100% but if it goes other ways you may end up losing everything. But the market is full with risk and only those who can bear that risk survive.

I think being greed is not a fault because in any investment field, make profits as big as we can. But we should realize that every market movement between bull and bear, if we in bull season, there is bear season waiting. Better set our target profits and trade with money we can afford to lose