Post
Topic
Board Altcoin Discussion
Re: Another example is how greed destroy crypto investors.
by
Smack That Ace
on 18/10/2022, 08:12:12 UTC
A few days back I bought a token from Launchpad. After they Launch on Pancakeswap I made 1.5X and sold. I was happy with that. But unfortunately, the token price grow double every day, then I bought again at the higher price. I thought this was a chance to multiply my portfolio again. Even though it grow 5x but O didn't sell that due to greedy behavior. Eventually, the project rug was pulled and skipped with all the funds. That means I lost everything even including my initial investment. This is how greed destroys us and scammer takes the advantage.

Most people are aware that greed will cost us, but when we are in that situation and see those profits, we don't want to let it go, it is for those moments of weakness that we have to pay dearly. It can be said that these things will be repeated often if we do not have a specific goal in the first place because basic greed is very difficult to control. For me, I learned that once I hit my goal and make a profit I will never look back at that coin again, can say forget it even if it goes higher or it gets dumped, we shouldn't care once we take profit or sell.