Post
Topic
Board Altcoin Discussion
Re: Greed is bringing loss for traders
by
profitgenerator212
on 30/05/2019, 19:04:17 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 ??

There's a reason why the "stop loss" is very important to trading, to mitigate and manage risks. While that is available, every individual should also endeavour to cut his/greed if they are to make meaningful ROI on every trade without loss