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 my opinion not only traders are guilty of this type of greedy decisions most business men are, why will any one wanting to cash out a50% profits when he can actually wait and make 100% but if it goes other ways you may end up losing everything. But the market is full with risk and only those who can bear that risk survive.
I think being greed is not a fault because in any investment field, make profits as big as we can. But we should realize that every market movement between bull and bear, if we in bull season, there is bear season waiting. Better set our target profits and trade with money we can afford to lose