Quote from: bSpend on May 19, 2024, 01:25:06 PM

St $80,000, he still didn't take profit, can we attribute or say the cause of his loss was due to him being too greedy, or being too patient, or over trusting or believing in the coin/token he bought?

Maybe he is the only one who knows why he did not take the necessary action about this because I don't see anything special here, though it can be this thing you mentioned earlier, which is greed, or maybe he thinks it will bounce back to recover the small losses that happen before the losses reach $80,000, if not to me, if this was not taken due to a lack of knowledge, greed, or emotional control. then he outsmarted himself and landed himself in trouble. Though I won't blame him, and he is the only one who knows why, if I'm not the one, I will withdraw my profit. I will leave the invested money in there if it continues to go higher than normal, and if it crashes, I will be happy because I have already withdrawn my profit.

Quote from: mindrust on Today at 02:20:18 PM

That's not an investor, that's a gambler. Gamblers take huge risks, and they never know when to stop because they are addicted to the adrenaline (or dopamine) which they can only obtain by making risky bets. That's what you are looking at here. Investors don't take that much risk. They diversify their portfolios in various assets. Most of them are content with pretty conservative returns and that's usually not more than 10-12%/year. When you go above 15%/year it starts to get dangerously risky, and it is usually not sustainable when it is above 20%/year.

Seriously, this is gambling, not the normal way of trading because the risk is too high, and he thinks he will make more than the money he just loses right here if and this coin is obviously a coin that will not last in pumping because this is a meme coin, and anyone who has the knowledge knows that investing in meme coin is just like gambling with your money, and I agreed that you said good investors take average risk and once it pumps small, they will take the profit and move on. unlike these newbie traders, who want to make money in a day or night, which is impossible.