Post
Topic
Board Trading Discussion
Re: What type of a trader/investor is this?
by
Bananington
on 20/05/2024, 17:26:45 UTC
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?
This is an example of one of the psychological barriers that has to be overcome because plenty of times most of these things are caused by indecision. The difference between greed and patience is not so much and sometimes some people when they get greedy mistake it for patience while some see times when they should be patient as them getting greedy. These kind of experience are usually unforgettable and are the kind of experience that will remind you next time to always take profits when necessary and not be caught up in indecision.