Post
Topic
Board Altcoin Discussion
Re: Greed is bringing loss for traders
by
kanmo
on 11/05/2019, 18:11:55 UTC
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 don't think there is any solution to greediness in crypto because of its volatile nature. Crypto is very volatile and no one can predict its price in the next seconds that why a lot of traders don't take profit early because they believe price can still go up.