Post
Topic
Board Trading Discussion
Re: Fast ways to lose money trading
by
lixer
on 20/02/2021, 06:50:15 UTC
This is actually on point where if you do like to lose money then just simply buy those shit coins.

It is just good when you do make out bet on dice and make some single roll even though odds on making money is different.

Greed is one of the most common reason on why people do really end up on losing money.Making out bad decisions
due to rushing up or impossible or unrealistic motives.
Yeah and just tell an ICO owner that you have money they will convince you into investing your money somehow. I have been lured into investing myself so I cannot blame others but we must avoid ICOs now days completely unless someone of your own family is working in their team Grin.

Greed is not a bad trait to have for a trader because while it will make you lose money it will also make you earn bigger on the same coins. One might have bought Bitcoins at 10k and sold at 20k but the one who held till now can even double that amount and in hindsight he made the better choice, but actually it was all because he was greedy and it paid off.

Investing into the wrong coins and then being greedy is dangerous though, so correct your decisions and even greed can be your best ally.