Post
Topic
Board Altcoin Discussion
Re: Greed is bringing loss for traders
by
Tosyn2
on 29/05/2019, 21:55:35 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 ??
Generally, human being tend to exhibit greediness when it comes to money issues. People who usually fall victim of the above scenario are high risk takers who are not satisfied with minimal profit but rather explore options for higher profit.