Post
Topic
Board Altcoin Discussion
Re: Greed is bringing loss for traders
by
Aligab166
on 30/05/2019, 23:14:14 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 ??
Greed is a personal thing and doesn't have a general solution. When it comes to cryptocurrency trading, there are so many uncertainties which an average trader should be wary of. If you refused to cash out with the small profits you have earned, then the choice is yours.