BareCrypto
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June 02, 2019, 02:07:20 PM |
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Better to use some tactics every time you invest in something at least sell your initial investment...
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cytpoway121
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June 02, 2019, 02:32:28 PM |
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Better to use some tactics every time you invest in something at least sell your initial investment...
Same tactics for all trades doesn’t work smart It varies Some tokens moon after 1 week, some after 1 month, some after 1 year And some gets delisted Dyor and pick the right spots
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BareCrypto
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June 02, 2019, 02:54:14 PM |
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Better to use some tactics every time you invest in something at least sell your initial investment...
Same tactics for all trades doesn’t work smart It varies Some tokens moon after 1 week, some after 1 month, some after 1 year And some gets delisted Dyor and pick the right spots True but if coin going up fast - 2x-3x you have to sell at least your initial investment...
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kodtycoon
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June 02, 2019, 02:58:49 PM |
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You are right. And I was a victim in the past when I made up to about 300% profit and I was like I should keep the coin because it kept increasing day by day so I felt I could reach 1000% until everyday went down drastically. When you've made your profit, just cash it out and invest on another thing.
Yes, some people do what you have done too. Instead of selling their coins while there is a chance to get big profits, they keep holding their coins because they want more profit. Greed is indeed our true enemy and we must control our trading behavior with plans / targets. Once we reach our target, we must immediately end our session. that's greed that will eventually destroy your investment, make a target to get a profit and when the price is being pumped then you should be satisfied with that target and make no matter the price continues to increase, because when you sell and get profit then you can start again from the beginning with a good trend that is happening
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klaaas
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June 02, 2019, 03:09:05 PM |
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Yes thats the reason why they have losse a lot because of they investments they put all in the projects that not sure and don't have the potential I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before.
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m.rifki
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June 02, 2019, 03:14:31 PM |
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I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before.
I think when you have benefited from the first trade, it would be better to switch to another asset first. while we wait for the price to go back down and we can buy it again. Remember never to be greedy in trading, especially for daily traders. You must have the right analysis and planning.
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onrise
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June 02, 2019, 03:31:23 PM |
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Yes thats the reason why they have losse a lot because of they investments they put all in the projects that not sure and don't have the potential I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before. Trader should have a goal in mind and if that is achieved they should buy or sell depending upon the situation so this will help them to stay in a limited space else they may either end up in a loss too if they do not execute as per the plans .
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Teawhalee
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June 02, 2019, 03:46:26 PM |
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its natural of human to always want to make more money. so its not a bad to want more. but discipline is what is needed and usually the hardest thing to apply especially when there is sign of making good money. it just about accepting the outcome when it dosent pay off.
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radjie
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June 27, 2019, 11:58:29 PM |
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Everyone certainly wants to get a big profit. Can it be done in investing or trading. So there is nothing wrong if someone has a target for profit. What you have to think about is how you can achieve that target, because if you do the wrong thing, your profits will never exist and the target will never be fulfilled.
trade is intended so that everyone can benefit from it. but some of them are of course many who take the wrong actions to make a profit in the allotted time so that the trade they do cannot be done well because the main factors expected are to get big profits in a short time
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nydiacaskey01
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June 27, 2019, 11:59:37 PM |
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Greed has always been the enemy of traders, they will only find out that greed payed with them when its too late to sell. Just look at those who regrets that they should have sold when the price of Bitcoin reached $18,000 USD. Because they thought price will continue to go up, they hold on to it and some even bought more at that price. Its an expensive way to teach our self not to be greedy when trading.
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103deltafox
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June 28, 2019, 04:25:58 AM |
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This is a major call for concern, as humans we want more and that results to greed, we would see our coin at 100% growth or profit, we would keep waiting for more and once there is a retracement it might pull back below our capital, let's try not to be greedy.
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irixo10
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June 28, 2019, 09:00:46 PM |
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There is a saying" we live to fight another day". Most traders who enters a trade with the wrong mindset are always bound to be trapped or become bag holders. Cashing out the little profit is always the best way, this is because when you take the little profit, you will be able to enter another trade. I think the best way to stop this is when traders starts having the right mindset(which is the little profit) and stops having an imaginary price at heart before entering a trade.
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Jrfranco
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June 28, 2019, 09:37:44 PM |
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You are right and at at this time this is an eye opener for all of us, and not to be greed when it comes to profits, we should learned and stick to our objectives, Being a trader a profits of ten percent a day is enough, but if bullrun strikes sometimes our.mindset.changed a lot and this is.wrong based on my experienced.
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pedpedped101
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June 28, 2019, 11:37:20 PM |
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First, understanding the risk behind investment, before taking part I any, should be of utmost importance. You might just find yourself in a situation where you will be enticed to get more profit, you have to be careful. Do not was it to experience it, before you find yourself do the needful.
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giletto
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June 28, 2019, 11:53:11 PM |
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Every good trader is disciplined with acute greed management skills. You must practices and read wide and thus learn from the experience of other traders in the market. Understanding when to enter and leave a trade Is very crucial to the success of every cryptocurrency trader
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r_delossa
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June 29, 2019, 10:23:07 AM |
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You always need to pay attention to this factor, because being greedy on this market leads to nowhere, especially with such a high level of volatility. Analyse the project and decide when you should quit the coin.
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Pamadar
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June 29, 2019, 10:29:28 AM |
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Every good trader is disciplined with acute greed management skills. You must practices and read wide and thus learn from the experience of other traders in the market. Understanding when to enter and leave a trade Is very crucial to the success of every cryptocurrency trader
Positioning yourself and make a good stand will give you success inside the market, good traders needs to have the capabilities to be in control when to place the entry and exit points, difficult but really need to practice well and be in the right place in each time you take your call and be contented with how much will you be taking from your trade.
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BuxCoin
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June 29, 2019, 10:45:04 AM |
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when spikes happen normally traders cant make decision to stay and get more profit or to exit both game of fear and greed , profit is more when risk is also more i have a rule that i take what i got and greed
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Gabmot
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June 29, 2019, 11:59:57 AM |
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I do not think it's quite industrious to accuse these guys of being too greedy. I want to believe the the decision to sell by any investors is something personal and also such that anyone doing it should be always ready to accept the aftermath of their decisions either a plus or negative
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mickey_miner
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June 29, 2019, 12:32:41 PM |
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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 ??
Nothing can be done with this. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think that people should learn from their mistakes and they should understand that they have lost a lot of money because of greed and not repeat such mistakes in the future.
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