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Cryptocurrency discussions / Re: Why can't we satisfy our greed in bull market?
« on: Today at 07:58:27 PM »It is human nature to want more than what we want to achieve, so we seem greedy. Greed can begin to arise if one cannot control himself that what he has obtained is worthy of being received, but still thinks that it is still not enough, so that when that moment is no longer there, only regret remains. Almost everything happens in all areas, but most often in crypto trading, when you have reached the peak you want to let go but don't do it because you see the trend is still moving up, so when there is an unanticipated decline, then only losses are acceptable, perhaps in terms of time Or value.Greed and fear are extreme human emotions, and they are not necessarily useless or dangerous. It would be good if we were greedy at the bottom and fearful at the top, but the market cannot exist if the majority makes a big profit. Conversely, the market only exists by creating losses for the majority by making them greedy in a bull run and continuing to have unrealistic expectations at the top. In other words, it is the majority of investors who create the top and bottom with their own greed and fear.
I am not surprised that this has been repeated for hundreds of years, throughout dozens of cycles of traditional markets and now in the crypto market. And I fully believe that it will continue until the last day of the market. I don't think we can all control our greed, because it is impossible and can cause the market to crash, but at least experienced investors can protect the profits they have made in a bull run. Those who cannot control their greed will have to pay tuition to learn that.