Quote from: rchstr on May 11, 2019, 08:19:29 PM

Quote from: kanmo on May 11, 2019, 06:11:55 PM

Quote from: OluwaTosin10 on April 11, 2019, 12:27:10 PM

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.

There are solutions on greediness if you are just patient. Diversifying your portfolio may be a good idea and for me it is not a greediness at all.

also having a backup fund for a buyback may be an intelligent move as it may lower your breakeven if the coin you are holding is in a bearish postion.

You may take advantage of the volatility of bitcoin by trading its trend, looking at the right timeframe may help a lot if you are focusing on trading.

How tnen to handle greed that comes with crypto currency

Patience is good but until when ? And by diversifying; is it about splitting investment into different tokens ??