1
Cryptocurrency Trading / Re: Fear or greed
« Last post by Mr. Magkaisa on Today at 10:46:28 AM »Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityHopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
- That's why it's so important that we have plans. Like in studies, we have to study hard so that we can graduate in the end. That's why, when we want to make money in crypto trading, we must not allow greed.
Because most beginners who enter crypto trading are always preceded by greed, the ending is always losing or losing in trading because they did not learn and understand the movement in trading using indicators.