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Author Topic: Fear or greed  (Read 22169 times)

Offline PX-Z

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Re: Fear or greed
« Reply #300 on: October 07, 2024, 12:46:30 AM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.
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Re: Fear or greed
« Reply #300 on: October 07, 2024, 12:46:30 AM »

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Offline luckyledger

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Re: Fear or greed
« Reply #301 on: October 07, 2024, 08:54:24 AM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.

Greed may lead to fear of being in loss or that the profit won't be made, and vice versa too, in fact. You can fear the market, but greed pushes you to close or open positions that won't be beneficial for you.

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Re: Fear or greed
« Reply #301 on: October 07, 2024, 08:54:24 AM »

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Offline milewilda

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Re: Fear or greed
« Reply #302 on: October 07, 2024, 12:43:36 PM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.

Greed may lead to fear of being in loss or that the profit won't be made, and vice versa too, in fact. You can fear the market, but greed pushes you to close or open positions that won't be beneficial for you.
Thats why its really that important that you should really be  that mindful about on having that control and moderation when it comes to this manner. We do know that when it comes into this aspect then majority of traders do really failed out specially newbies. Fear of missing out profits is really that common on which this one is really that been attached with greed.
If you are someone whose really that not good when it comes to self control and emotion handling then you are really that bound on messing up your trades.

Offline royalRitta

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Re: Fear or greed
« Reply #303 on: October 07, 2024, 01:08:01 PM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.

Greed may lead to fear of being in loss or that the profit won't be made, and vice versa too, in fact. You can fear the market, but greed pushes you to close or open positions that won't be beneficial for you.
Thats why its really that important that you should really be  that mindful about on having that control and moderation when it comes to this manner. We do know that when it comes into this aspect then majority of traders do really failed out specially newbies. Fear of missing out profits is really that common on which this one is really that been attached with greed.
If you are someone whose really that not good when it comes to self control and emotion handling then you are really that bound on messing up your trades.

It's worthwhile to put up some lines and limits in order to avoid such a fate. Otherwise, the positions of such a trader may bring losses to him, and it would be good if those would be minimal.

Offline luckyledger

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Re: Fear or greed
« Reply #304 on: October 07, 2024, 02:27:13 PM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.

Greed may lead to fear of being in loss or that the profit won't be made, and vice versa too, in fact. You can fear the market, but greed pushes you to close or open positions that won't be beneficial for you.
Thats why its really that important that you should really be  that mindful about on having that control and moderation when it comes to this manner. We do know that when it comes into this aspect then majority of traders do really failed out specially newbies. Fear of missing out profits is really that common on which this one is really that been attached with greed.
If you are someone whose really that not good when it comes to self control and emotion handling then you are really that bound on messing up your trades.

I would even say that if someone is not really good at responsibility and self-control of the budget, the usual trading and trading sessions are not for such a person.
Crypto space is big enough to try other things out for yourself.

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Re: Fear or greed
« Reply #305 on: October 07, 2024, 05:00:07 PM »
Hopefully this falls under trading.
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?
Great question! I’d say both fear and greed can be pretty dangerous, but if I had to pick one, I’d lean towards greed. It can push people to make impulsive decisions, chasing after quick profits without considering the risks. Fear can lead to caution, which isn’t always a bad thing, but greed often blinds investors to reality. Finding that balance is key—staying disciplined and not letting emotions take the wheel can make all the difference in trading. What do you think?

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Re: Fear or greed
« Reply #306 on: October 08, 2024, 04:09:07 AM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.

Greed may lead to fear of being in loss or that the profit won't be made, and vice versa too, in fact. You can fear the market, but greed pushes you to close or open positions that won't be beneficial for you.
Thats why its really that important that you should really be  that mindful about on having that control and moderation when it comes to this manner. We do know that when it comes into this aspect then majority of traders do really failed out specially newbies. Fear of missing out profits is really that common on which this one is really that been attached with greed.
If you are someone whose really that not good when it comes to self control and emotion handling then you are really that bound on messing up your trades.
Well, It is impossible to overlook the fact that they have emphasized and reiterated the self control and moderation especially when trading because it is a well known fact that many traders whether retail or new entrants to the market are bound to fail due to lack of proper emotional balance. Confidence and greed seeing the stakes evaporate enrages the situation and creates worse decisions than before. Emotional regulation is important because when a trader fails to regulate them, he may find himself acting in ways that are not healthy for the trading business, for instance, over trading or taking absurd risks. Hence, for us as traders, we need to be serene when other market forces, which may make us profitable, are approaching.

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Re: Fear or greed
« Reply #306 on: October 08, 2024, 04:09:07 AM »


Offline luckyledger

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Re: Fear or greed
« Reply #307 on: October 08, 2024, 08:36:29 AM »
Well, It is impossible to overlook the fact that they have emphasized and reiterated the self control and moderation especially when trading because it is a well known fact that many traders whether retail or new entrants to the market are bound to fail due to lack of proper emotional balance. Confidence and greed seeing the stakes evaporate enrages the situation and creates worse decisions than before. Emotional regulation is important because when a trader fails to regulate them, he may find himself acting in ways that are not healthy for the trading business, for instance, over trading or taking absurd risks. Hence, for us as traders, we need to be serene when other market forces, which may make us profitable, are approaching.

Limits should be put in place in order to avoid overtrading in your sessions - it's important to note that it's not healthy at all just like you mentioned, and the risks are very high that you won't be able to claim the profit that you already have on your position because of greed or fear that you would miss the potential of the position. Either way, your funds will be spent, and the profit won't be with you.

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Re: Fear or greed
« Reply #308 on: October 08, 2024, 02:28:14 PM »
Hopefully this falls under trading.
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?
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Re: Fear or greed
« Reply #309 on: October 08, 2024, 04:39:29 PM »
I also agree with many people who say we should learn from experience, because a great and professional trader must have a lot of experience. We can also seek experience by always practicing in trading, because bitter experiences sometimes make us learn not to make the same mistakes.

You're right, there's nothing worse than having bitter experiences and what happens is that with that experience you learn a lot, sometimes I don't know how good it is to learn like that because there are many who are left Without capital just to learn , of course some learn , Others don't even give it importance if they lose, they're just looking for those touches of luck to be able to do something, I personally think that things should be better when it comes to trading , having Written down When you lose and the reason, in Order to review it before seeing a Scenario like that.
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Re: Fear or greed
« Reply #310 on: October 08, 2024, 07:04:00 PM »
Which do you think is more dangerous?
It's greed, it can make your money turns to zero because of greed. Fear is just like a product of being doubtful and it will only give you no profit, small loss, and you can't anything about it unless you take a step ahead.
Greed is the worst because it will make you have false confidence on something risky and run at loss which might bring regrets and frustration to the person. Fear can make you control yourself and do things carefully but sometimes fear can make you miss out good opportunities when they are around. Fear can also make you make wrong decisions.

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Re: Fear or greed
« Reply #311 on: October 08, 2024, 07:11:22 PM »
You're right, there's nothing worse than having bitter experiences and what happens is that with that experience you learn a lot, sometimes I don't know how good it is to learn like that because there are many who are left Without capital just to learn , of course some learn , Others don't even give it importance if they lose, they're just looking for those touches of luck to be able to do something, I personally think that things should be better when it comes to trading , having Written down When you lose and the reason, in Order to review it before seeing a Scenario like that.
I totally agree that having bad experiences in trading can teach us valuable lessons. By the way it is worrying that many people have to lose a lot of money before they learn. Sadly not everyone learns from their mistakes and some of us think losses are just bad luck hoping to get lucky and make a lot of money.

Just like you I also think this is better way to trade is to look back at past losses and write down why this happened and review them to avoid making the same mistakes. This approach helps traders learn and grow from their experiences and reduce losses and make good decisions.

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Re: Fear or greed
« Reply #312 on: October 11, 2024, 12:59:43 PM »
Well, learning from experience will be better if it is felt by yourself, maybe we can learn from other people's experiences by hearing and seeing, but experiencing it directly will open our eyes because we can feel it directly.

The method you mentioned is indeed widely used, and I am one of them. It is an easy and safe way, because we can continue to accumulate bitcoin when the price drops and when there is another drop we will not panic too much because we will buy it again.

Yes, it is indeed as you say, I have learned a lot from experience, but sometimes that experience is hard because you pay with money, I remember a long time ago having entered into an operation, instead of entering 4usd I entered 40usd and my balance for the tarding was 100usd, and I lost those 40usd, currently I am still struggling with the little that I have left in that account, however I left that ceuta for my learning, because buying btc with the DCA method is for me the hope to accumulate btc, although I have seen many here in the forum that not only buy btc but other currencies as well, it seems excellent to me.
There are pleasant experiences and unpleasant experiences, we cannot choose which experience we will feel, so it is something we must prepare for even though it is very bitter.

However, with that experience we can be better in the future, we can also be careful in doing something, especially when it is very closely related to money. Sweet or bitter experiences are our place to learn.
I also agree with many people who say we should learn from experience, because a great and professional trader must have a lot of experience. We can also seek experience by always practicing in trading, because bitter experiences sometimes make us learn not to make the same mistakes.
There are many new traders who put their money at risk to get extra greedy when they come to trade new positions. We should try to understand the position of the market without losing our heads after losing some time. When we trade, we will lose.  I think that the experienced trader will never be overly greedy and will not take any wrong decision. But yes, sometimes many experienced traders make mistakes but they correct those mistakes without getting frustrated after making mistakes. When I am a newbie.  When I started trading, I lost a lot of money due to some small mistakes, but I learned a lot after losing money.

Offline royalRitta

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Re: Fear or greed
« Reply #313 on: October 11, 2024, 01:03:07 PM »
You're right, there's nothing worse than having bitter experiences and what happens is that with that experience you learn a lot, sometimes I don't know how good it is to learn like that because there are many who are left Without capital just to learn , of course some learn , Others don't even give it importance if they lose, they're just looking for those touches of luck to be able to do something, I personally think that things should be better when it comes to trading , having Written down When you lose and the reason, in Order to review it before seeing a Scenario like that.
I totally agree that having bad experiences in trading can teach us valuable lessons. By the way it is worrying that many people have to lose a lot of money before they learn. Sadly not everyone learns from their mistakes and some of us think losses are just bad luck hoping to get lucky and make a lot of money.

Just like you I also think this is better way to trade is to look back at past losses and write down why this happened and review them to avoid making the same mistakes. This approach helps traders learn and grow from their experiences and reduce losses and make good decisions.

I do think that people do need to use the money they are willing to spend, otherwise, the losses will be bigger, as well as stop losses and so much more.
Past can teach us something new, however, we should stay responsible and determined to do so.

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Re: Fear or greed
« Reply #314 on: October 11, 2024, 01:10:30 PM »
Hopefully this falls under trading.
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?
I think of greed as the most dangerous here. Greed is a habit that harms people the most, especially those who are greedy on trading platforms are the worst affected. Never be greedy in trading platform if greedy you will lose money in trading platform sure. Moreover fear cannot harm you much because in any case fear holds people back but does not harm but greed harms people the most. So greed, emotion and impatience should be avoided from the trading platform. If these few things can be avoided then success can be achieved from the trading platform.
« Last Edit: October 11, 2024, 09:51:51 PM by Primo1760 »
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