What type of a trader/investor is this?

[Dzwaafu11]

St $80,000, he still didn't take profit, can we attribute or say the cause of his loss was due to him being too greedy, or being too patient, or over trusting or believing in the coin/token he bought?

Maybe he is the only one who knows why he did not take the necessary action about this because I don't see anything special here, though it can be this thing you mentioned earlier, which is greed, or maybe he thinks it will bounce back to recover the small losses that happen before the losses reach $80,000, if not to me, if this was not taken due to a lack of knowledge, greed, or emotional control. then he outsmarted himself and landed himself in trouble.

Though I won't blame him, and he is the only one who knows why, if I'm not the one, I will withdraw my profit. I will leave the invested money in there if it continues to go higher than normal, and if it crashes, I will be happy because I have already withdrawn my profit.

That's not an investor, that's a gambler. Gamblers take huge risks, and they never know when to stop because they are addicted to the adrenaline (or dopamine) which they can only obtain by making risky bets. That's what you are looking at here. Investors don't take that much risk. They diversify their portfolios in various assets. Most of them are content with pretty conservative returns and that's usually not more than 10-12%/year. When you go above 15%/year it starts to get dangerously risky, and it is usually not sustainable when it is above 20%/year.

Seriously, this is gambling, not the normal way of trading because the risk is too high, and he thinks he will make more than the money he just loses right here if and this coin is obviously a coin that will not last in pumping because this is a meme coin, and anyone who has the knowledge knows that investing in meme coin is just like gambling with your money, and I agreed that you said good investors take average risk and once it pumps small, they will take the profit and move on. unlike these newbie traders, who want to make money in a day or night, which is impossible.

[Natalim]

I could be wrong but that is not a real trader/investor. If you are a smart person, you can't just let go of your hands, you will certainly take it.
IMHO, I don't believe such a story. Imagine it is more than a 100% increase, in fact, some people sell their coins even with just a small increase. If not greediness, I don't think this person is aware of the situation.
But to assume it was true, then I can say that this person lives in greediness. Contentment is not in his mind but instead, aiming for more. Many people suffer from this kind of mental disease and to find out that those people have never improved as they always missed the chance.

[nelson4lov]

~Snipped
St $80,000, he still didn't take profit, can we attribute or say the cause of his loss was due to him being too greedy, or being too patient, or over trusting or believing in the coin/token he bought?

I see stories like that on an account on X and Imo, most of the stories are real. For the individual in question; I'd say yes, He was greedy. He could have taken 50-70% profit off the table and let the rest ride but instead choose to let it continue. I wouldn't blame him for his greed because it happens to the lot of us because there's two ways it could have gone:

• Take profit at $80K and it pumped to $800K or above 1M - regret
• Don't take profit and let it dump to breakeven or lower - regret.

Something I've learnt recently is that before entering a trade, we need to define how much profit or loss we'll be comfortable with so we can use that to keep ourselves in check if things get euphoric.

[Xampeuu]

St $80,000, he still didn't take profit, can we attribute or say the cause of his loss was due to him being too greedy, or being too patient, or over trusting or believing in the coin/token he bought?

You have given he perfect answer to this scenario, he was too greedy and wanted the coin to go more higher before he can take profit and that’s not how it’s done in crypto after investing in a meme coin that can just go up or down at any moment. He is not the first to do such but if I were in his position, I will take away all profits from that coin that I invested and leave the capital to take on the remaining ride. If I get to win more, I’ll still take partial profit and if it goes against me, I will have nothing to lose too. He was just too greedy and he lost everything, that’s the point on not being too greedy in crypto.

If there is a decline, what will happen is a psychological disorder, where panic selling will occur. For me, if I get a big profit like that, at least sell some of it, to protect our psychology if something undesirable happens. besides that, we also have to look at the market, if it has penetrated the new ath then it is possible that most of the coins will be sold