Post
Topic
Board Trading Discussion
Re: Never Be greedy!
by
tesla80
on 28/07/2018, 21:50:25 UTC
you are absolutely perfect, as a human tendency, when you have money coming in, it is usual that you expect more.
If you have less aim for less profits rather than high profit, because high expectations can cause losses.

I agree mate, and that happens with my friend last year he became so greed which made him decide of holding his tokens for longer time while its value reached higher. He failed to sell his coins which made him depressed until now. Due to having no satisfaction and with the expectations of much higher price  growth on his asset, he now have regrets of not fulfilling the principle of selling at higher value. The results of holding so long on his coins, it litterally dumped dipper until now at 152 satoshi per coin which was coming from $2k satoshi per coin.
That happens to me too Smiley It is hard to stay calm when you money is melting in front of your eyes. So this is the human nature. Also there are many bugs or intentional actions on exchanges which fail to execute an order in a heavy moment.