Post
Topic
Board Trading Discussion
Re: Why everybody is panicking ? Its a game of greed and fear !
by
Koadharber
on 26/12/2022, 21:15:46 UTC
If you are balance then your not greedy because this situation will make you excess on something you want ao there's nothing good on being greedy since it will follow a huge risk for losing something to you. Maybe your right on what you say balance since we really need that to avoid getting huge losses and will not expect on something almost impossible to come.
No, I mean when we want profit, isn't that greed? but still within reasonable limits if we set realistic profit targets from how much capital we spend and also in which coins we invest. The greed that must be avoided is unrealistic greed, for example we set unreasonable targets, such as 1000x on a coin where the potential is not big, even with not much capital at all. We can actually avoid things like this very easily if we have a lot of knowledge.
We want profit, and everyone is really trying out their best to achieve such state on which making up some good investment or trading decisions and its not greed but on the time that you are already getting
desperate with your actions just because you do want or hurry up yourself on making profits then this is the time you would really be calling it greed.On this market on which everything is unpredictable
and there's no way that you could tell up things on what would happen ahead.This is why people do really make out some panic on the time that they are seeing the market is declining.
There's no way on avoiding it but if you are experienced enough then you do have at least the idea.