Alisha-k
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September 18, 2021, 11:05:36 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
If greed can be conquered many altcoin holders would have made it big in crypto. I stick to my profit target and sometimes I even withdraw once I see it's equivalent. This excercise requires lots of dicipline over greed. Altcoins is best invested in during it's early phase and once it's surging high it's wise to take profits then decide if you would still want to reinvest or look for an alternative either a different coin entirely
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Ridi
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September 19, 2021, 07:15:58 AM |
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The greedy must be poor :-
Growing profits became more greedy and more money get invested raising prices to excessive levels and greedy mind makes wrong decisions which will give you into a loss . Greed is an ego which can destructive emotions. Greed is also adiction an addiction in the same way. It is a selfish desire for something. Greed is a emotion which makes you into loss.
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gurunanakji777
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September 19, 2021, 07:53:21 AM |
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Greed makes many traders poor despite having a good profit at some point but the greed for more profit never ends and ends up in loss. After the dump, we can not expect the same coins to pump again So greed should always be in limit unnecessary greed cause only loss so we must learn to control the greed.
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HardCore12V
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September 19, 2021, 08:14:32 AM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
It's a matter of choice, some people understands that crypto market is highly volatile but they prefer to old for long term and to say the truth many end up achieving their dreams this way, HODL isn't Greed, BTC price in 2017 ain't the same today that's why HODL is a good long term strategy
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sumant
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September 19, 2021, 08:38:08 AM |
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On one hand it is very good to take profits, it is excellent for who always book their profit but on another side is that, This is cryptocurrency marketplace where not all world know about that so marketcap will definitely going to be higherside so if you don't hold or so called greedy then you can not make big money. That's all greedy is pass or fail game in crypto.
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zulfi125
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September 19, 2021, 10:51:12 AM |
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Its depend on the project and we need to overview, more of the project just wants to sell off their altcoin in the crypto market and this kind of altcoin should be sold if you get profit and some projects may real and their altcoin may be more pump when they launching their products or improving the project so this kind of altcoin should behold. I suggest should be sold when any altcoin pumps and don't wait for sell in the dip.
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kak uli
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September 19, 2021, 02:00:56 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
asset holders have different characters, there are those who sell them when the price soars and there are also those who keep them until the price returns low, I think people who hold coins for a long time are those who have done analysis and research on the assets they hold, at least they already know and understand the roadmap of a token they hold. I think everyone who holds assets for a long time has their own goals.
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Bonenx14
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September 19, 2021, 02:55:41 PM |
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asset holders have different characters, there are those who sell them when the price soars and there are also those who keep them until the price returns low, I think people who hold coins for a long time are those who have done analysis and research on the assets they hold, at least they already know and understand the roadmap of a token they hold. I think everyone who holds assets for a long time has their own goals.
But for those who have held for a long time and passed the highest price by ignoring it are very greedy people, because the goal of everyone who holds a certain token or coin is to want to increase the number of their assets to be more so that there is no need for greed in it.
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Ever-young
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September 19, 2021, 04:14:30 PM |
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Greed you said, their are greedy people out their thou but most of them are just risky investor who use risk taking to foot bills become millionaire's. Those who are their just to be greedy like one who is waiting for E0X to hit 100$ per one will wait for a decay, the option of them becoming poor is base on which token they invested in.
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Eureka_07
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September 20, 2021, 09:57:01 AM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
It is nature. You can't blame them since they hope, maybe because of the thought that it could be just like bitcoin that went up even it went dip every time. I believe it is good to be hodling the coin if you beleive it is for a long term investment, otherwise, short-term trades must be analyze well since you could lose the value of your asset in a very short period of time, specially if you're investing on a shitcoin.
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Sardel
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September 20, 2021, 10:07:45 AM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
Some people waste their money because of their greedy attitude and some waste the money because of panic sale. The winners will be the moderate people. If you do an extensive research about the altcoin you are buying, you would know exactly when to buy and at what point during their progress you can sell the coin. Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.
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hidingyou
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September 20, 2021, 01:07:10 PM |
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I must disagree with you saying that all people who hold up are generally greedy, They must have other reasons such as keeping the network alive, or generally they have a target in mind. It takes great discipline and research for them to hold up that long. It's not bad to aim for higher profits in the future and if they are failing at it it will just be another lesson learn for them to use in the future investing so I can say greed is not bad at all if it benefits you in the future
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Fredomago
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September 20, 2021, 07:03:42 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
It all depends on your needs and profit targets before investing. I'm not saying those who don't sell when prices soar are greedy because they expect prices to be even higher, maybe those who don't sell apply long-term strategies without paying attention to profits, of course, investors who invest like this don't think too much about short-term profits. However, if the profit target has been achieved and does not sell it then this is classified as greed. We also need to consider those who have strong trust with the team that they are supporting. They didn't sell when heavy pumped happen believing that there are more to come. Investors who treat this investment as long term and really aiming for much higher compensation, it's true that the cycle is always present, and those who made it in the right timing are gainers. But those who choose to maximize their profits collect much better paycheck from this market. It's a matter of good understanding with assets that you are holding. You always have the control over the fate you are taking.
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ReiMomo
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September 20, 2021, 07:08:00 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
Poor are ready to take even a small profit. They usually are not greedy. I would say, those who have enough and are not depend on the return out of what they have invested in, will hold for long term to see a reasonable profit. Its not that they are greedy but they are confident on the coin they have invested in. They are much confident on crypto market and its growth. They have seen it from the time Bitcoin came into the market. As long a crypto coin is held, the value is going to be double and the profit is going to double.
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ene1980
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September 20, 2021, 07:08:54 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time. Valuation will not be going higher all the time but anyone who invested wants to get the best profit possible and they do not want to miss out on the profit they could earn and so does many would end up loosing if they invested in a hyped up coin without any fundamentals. So if you are investing in something make sure you learn about the project and their development.
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swogerino
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September 20, 2021, 08:43:35 PM |
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I believe OP is talking about people who do trading and maybe that is true to some extent.There are other people which are not poor but they have mined the coins and ROI-ed their investment/equipment back and now are only mining on profits.It is only natural for these persons to hold for as long as possible meanwhile collecting more coins by mining them everyday.I am one of these I mine now Ethereum+Zilliqa and I have already ROI-ed my equipment so I keep mining and hoping for a much better price than the actual ones of the cryptos.
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Mahanton
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September 20, 2021, 08:45:08 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price can’t go up all the time.
Just let them be because its their money to risk on and not yours.We cant really just avoid on some circumstances that we do really being dragged of with our greed because its just normal for us to aim for more profits because this had been our main aim on why we do really jump into this market but somehow not all things that we do want do really end up on what we did anticipated.It is a do or die kind of situation because if we are somewhat that lucky then those decisions would turn out to be good and just right.
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shawon01
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September 21, 2021, 06:33:00 AM |
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I think we should be happy a little bit. If we are more greedy, we will get nothing
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olib123
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September 22, 2021, 05:48:06 PM |
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Greedy must be poor because greedy can put your money into loss. Because your plans are in a greedy mind. Greedy is an emotion. Greedy plans lack the willpower of knowledge. Greedy people think to become quick rich. They don't have a good strategy.
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Cadaver20
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September 22, 2021, 06:20:43 PM |
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Some people refuse to take profits when their coins and tokens are surging so high. Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip.
You are right that some people cannot accept profits due to greed even if they get a chance. I don't know how much their coin price will increase and they will be satisfied. We must accept profits whether small or large. Because maybe the opportunity will come for you only once.
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