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Author Topic: Greed is bringing loss for traders  (Read 16048 times)
emberbekas
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June 29, 2019, 12:33:04 PM
 #601

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

Through experience, such skill can be achieved. We must learn from the mistakes we made in the past and try not to repeat it again. Greed is something that cannot be eliminated from our mind but greed can be managed so that, hopefully, it will give us the positive effect rather than the negative one.

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June 29, 2019, 12:52:04 PM
 #602

Greed in trading leads to poverty. It is necessary systematically  to record profits. This is one of the rules of successful trading.

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June 29, 2019, 01:00:14 PM
 #603

Greed will lead to loss in some cases. But greed will bring benefits too. If traders holding bitcoin now had sold all their bitcoin when its price badly suffered a decline in 2013, they would not get price of bitcoin around $12000 at present.
But this is only in a case. After all, one should not be too much greedy not only in cryptocurrency, but in every sector. 

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June 29, 2019, 01:03:46 PM
 #604

I doubt there is anything that is regarded as greeed when you are talking about trading, It is up to very trader set their orders according preffered profit margin, each trader have their own trading strategy which they follow some are contented with little or next to no profit margin, while the big traders wouldn't settle for that, it os not greed but strategy.

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June 29, 2019, 07:10:52 PM
 #605

Greed in cryptocurrency is the worst quality, because it is greed that causes more losses to people in cryptocurrency

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June 29, 2019, 07:25:29 PM
 #606

Greed in cryptocurrency is the worst quality, because it is greed that causes more losses to people in cryptocurrency

greed only has an adverse effect on itself and does not have a bad impact on the crypto community, when you are greedy, of course it will make you depressed, so to overcome it try to be satisfied with the profits that have been obtained and always control your emotions well

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gurunanakji777
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July 01, 2019, 07:27:38 AM
 #607

One should always keep in mind Greediness is the root cause of all losses so do not be greedy. We must have specific target in mind to quit the trades. Do not greed more than your specific goal. You mindset should be always clear for your targets so its always better to book the profit at right time rather than repenting later.

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July 01, 2019, 03:51:41 PM
 #608

 It is very common to the newcomers that dont have experience yet, they always want coins to reach 10X more than they have invested. In fact, it is very difficult to do. the best strategy is: we set an easy goal to achieve wait till the price increase and sell...
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July 01, 2019, 03:54:38 PM
 #609

It is very common to the newcomers that dont have experience yet, they always want coins to reach 10X more than they have invested. In fact, it is very difficult to do. the best strategy is: we set an easy goal to achieve wait till the price increase and sell...

Experienced will let those newbies to realized what types of investment to follow according to their emotions, when they've got settled and understand all the potentials and all the factors that affects this market, sooner they will understand and start to use this types of strategy.
EXtremeAEX
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July 01, 2019, 04:05:36 PM
 #610

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 this situation only work on oneself can help. No one can make a person not be greedy. This quality needs to be brought up in yourself. For this you need to work on a number of other qualities, such as, organization, composure, calm and patience. All these qualities should help make a plan of the deal and then follow it.


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July 01, 2019, 04:24:38 PM
 #611

The greed is the most difficult challenge for a trader, Of course, we must be greedy to be able to make a profit, but the difficulty is that we don't know how much is enough.
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July 01, 2019, 04:32:47 PM
 #612

In this situation only work on oneself can help. No one can make a person not be greedy. This quality needs to be brought up in yourself. For this you need to work on a number of other qualities, such as, organization, composure, calm and patience. All these qualities should help make a plan of the deal and then follow it.
for old traders or old investors, of course they have all those skills. for new traders, I'm sure it's difficult, requires advice from other people who are trusted to guide him to be able to trade and invest on his own. crypto trading is not simple, it requires more complicated learning for a beginner.


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xephireusMMX
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July 01, 2019, 05:43:14 PM
 #613

The greed is the most difficult challenge for a trader, Of course, we must be greedy to be able to make a profit, but the difficulty is that we don't know how much is enough.
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BeManga
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July 01, 2019, 06:15:16 PM
 #614

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 investing in altcoin is really hard because price is unpredictable. every time you invest you need to look for the potential and set limit or goals in terms in price. you cant blame other people if they become greedy sometime people want to get the best gain from it or think the price is still undervalue.





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July 01, 2019, 07:10:25 PM
 #615

This is the most and common truth that every person probably knows today. I think that the interest in trading among people will not end anyway. Therefore, And believing that crypto should be in any casual case have real aspects.
Coroline
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July 01, 2019, 09:26:40 PM
 #616

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 if you are a trader you must have the principle when the altcoin rises and you only need to want 10% of your capital to sell and don't be tempted to save until the price is too high it won't happen because greed will make you lose
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July 01, 2019, 09:35:39 PM
 #617

Basically there are Manny greedy individuals among cryptocurrency traders and even some investors, who are not concern about the welfare of the market. I have learned from the way I make little gains. As a trader you must pays more attention from saple. I have learned from cryptocurrency and is worth trading with care.

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July 01, 2019, 10:23:13 PM
 #618

Hello peers! I am considering mining as a part of passive income so would like to hear your recommendations regarding where and what to buy. Could anybody share some piece of advice?
Hi, I can share some experience of buying mining equipment in US. It’s more complicated than it used to be 4 years ago. 
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July 01, 2019, 10:31:16 PM
 #619

Hello peers! I am considering mining as a part of passive income so would like to hear your recommendations regarding where and what to buy. Could anybody share some piece of advice?
Hi, I can share some experience of buying mining equipment in US. It’s more complicated than it used to be 4 years ago. 
Yeah, I know all the infrastructure. Problem is: I need to find a right place, right supplier. Could you share some?
Yeah, sure. I am buying tere for a year now on. Asocequipment.com come and check the latest models there
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July 01, 2019, 10:40:38 PM
 #620

There are so many various options from 1k usd to 5k or even more?
The more you pay the more you earn basically:) payback to price is equal on average due to this principal.
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