Post
Topic
Board Trading Discussion
Re: What type of a trader/investor is this?
by
Ben Barubal
on 01/06/2024, 23:54:04 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?


If he is really telling the truth, then definitely I will say he is very greedy because knowing that he invested in a meme coin and anyone who knows trading knows that meme coin usually rises up very high then suddenly dumps to the lowest that you will ever think of, so I see no reason why you will like to keep your money when you know that you have gotten almost 27x of what you have already invested. Definitely, you have to know that you are lucky, so the solution will be to take your profit, but due to his greed, he wants to get 100x or 50x. I don't know, maybe that is why he left it.
 
But to be sincere, if it were me, I think no one will remove that profit as fast as I will because I have gotten a good profit. Even though I have potential on the meme coin, I will still remove it and then leave like $3000 worth of the coin.

     Until now, I am really thinking that of the 80,000 dollars, nothing was released—at least 1/4 of it—and around 20,000 dollars. I wish he had released 3,000 dollars separately. That is just one of the causes or effects of gambling addiction when the gambler is addicted and has greed.

     And if the story OP is telling is also true, you can also use terms that are not good for him because the system of greed has really swallowed OP. And I hope he was not depressed by that experience and that he overcame it.