Bitcoin Forum

One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

In my opinion what most traders lack is a decent risk assessment strategy, basically they only think of what will happen if the trade they make brings them benefits, but they never stop to think about the consequences of their trade going against them.

This is why they keep investing in useless projects which they know have no long term future as they want to obtain massive profits with their trades, but if they actually considered the risk they are taking against the chances of actually reaching their desired scenario then they would realize the huge mistake they are making.

The meaning of the saying that is often spoken for crypto traders who have experienced failures and losses to achieve success.

I admit choosing some crypto assets to trade is a good step, if they know it, to achieve a level of success in trading, understanding, Learning the basics of crypto is one of the main capitals for achieving success.

The main thing is:
• If a person does not have a well-thought-out plan and knowledge, they will have initial difficulties in trading, volatility and risk are the biggest factors that can affect crypto assets wanting to trade.
• Never target profits above your ability if you want to trade, if your trading skills and knowledge are limited, do the profit target according to your ability, it's better, get rid of the delusional nature, if only in trading.
• Leave greed, as you say and ambition to take big profits, trading with small risks is a step that must be done it is the best choice.
• And one more thing to pay attention to in trading, understand when to buy and sell about the type of crypto you are trading and don't ever hesitate if you feel sure it's the right time to buy and sell.

We cant even deny the truth that when we are still a noob then we do really have thoughts that we could really make ourselves get rich easily with this type of career which it do ends up for you to make

big position trading kind of behavior on where you do act just like a gambler on where you do go all in with your trades.Once you do end up on getting wrekt then this is where you do make out self realizations

that you are dealing on something which cant really be handled out easily but well thats how people do have start up impression.

beside greed,they also have no skill to put they order in market. by analizing chart and set money management such as stop loss or any thing else it could avoid us from lossing money .greed maybe happen for whom have profits in their trades but still expecting more till price fallen and profits become loss. having big position and didnt applied money management also be why reason why alot traders liquidate.

Those who are not doing any analysis are not a trader at all, they most likely a buyer and seller with no trading experience at all. Its ok to be greedy but have that trades using your own strategy and analyze the price trend first, usually traders don’t buy new tokens they wait for the trend to appear before buying. Being greedy is too risky, it can cost you a lot if you do it carelessly, have some time to reflect before buying anything, this is cryptomarket and this market is very risky and too volatile.

People does not understand consciously via trading and online trading, no platform is hundred (%100) percent sure of long life span, i understand that from trading that immediately you make profit that is equivalent to the capital establishment in any kind of trading, i just want to let the beginner's to know that the happiness of trading is when you realize your capital and trade with your profit made. Cash out your profit and continue trading, greediness have made so many people to lost the capital because they waiting for accumulation of their profit

If you're a big risk taker hoping that you will gain profit without having knowledge and skills in trading it seems like you gamble your money in that way.
Being greedy traders isn't right, we should always have a stop-loss when we're in trading and forget about aiming for a high profit because IMO, I prefer to make a small but frequent profit.

Trading needs a lot of research, more analysis like technical and fundamental analysis, if you didn't have this, much better to choose the long term investment which is safe but it will surely make a profit, but the difference is, there's no time frame when you will get your profit, as long as you can patiently wait when the bull run comes.

It is like you are trading blindly and relying on your luck, the results more than likely would be catastrophe to your funds. Even if you are driven by your greed, it is always better to do some background check on the coin/s that you want to get involve with. You can also keep up with the updates and news from their social media channels because like it or not, you can read or feel some hints when you are reading the content of their social media channels. They won't disclose all but you will get a gist of what is going on that will give you idea on how to trade their coin.

The thing is, it's also greed that lets traders earn money. It's that desire to want to earn, that want to profit big that lets traders be well, traders. It's actually not knowing what or how to place that greed properly in trying to earn, hence making them lose unnecessarily. Losing is a part of trading I wouldn't deny that, but losing money due to mistakes is not what trading is. If it can be avoided, then it's a mistake on the part of the trader, either due to carelessness or too much greed, and that would be the bad thing here, it's like overextending what you can actually approach. It might be good if you've been trading for a long time, but newbies should always play it safe imo.

At some point anyone can be moved by greed, but when you have learnt what the most important things are for you to do, then you would never fall for any sort of mistake, you would always know what to do and would likely avoid any problem ahead. So, the most important is having the skills and being aware of the right things and the methods to follow, there are methods that are meant to guide us in whatever that we are doing in the market, it’s really important.

And also we should learn not to let our greed push us to making the wrong choice at any moment, even though it's normal that at some point humans can be pushed by greed, but we should have the ability to control ourselves.

It's good for every trader to take greed into consideration while trading and to do wise by controling your greed,
Greediness when out of control can hurt your trading career even if with proper trading plans because
1.it keeps you in the market when you're supposed to be out.
2.You open trades when you should not trade.
3.It makes you to use large lots size or X leverage more than your capital etc.

A huge majority of traders don't even know what they're doing in the first place outside of buying and selling based on news and people's opinions on current market sentiment, so telling them to stop being greedy is just as effective as trying to tell a gambler to stop gambling.

When you still thought trading is a gambling, you're not completely understand what does trading is. In trading there's no one who have higher chance to earn profit, unlike gambling where the house have higher chance to win due to house edge. Although a whale could manipulate the market, but that depends on the coins you choose. Small volumes and centralized coins are more easier to manipulated rather than high volume and decentralized coin e.g. Bitcoin.

Good analysis, do you know that some traders don't consider times nor signals before they start trading? Some even make huge profit but they don't pull out because of greed and over confidence, you can never be successful in trading if you don't apply sense and discipline toyourr trading pattern.

Well ordinarily all traders are out to make gains and if you must know that quest for profits makes the difference, greed is part and parcel of trading, and whenever there is a loss you know greed is at play, but then we can't say in all totality that traders jump on any new project with a hype without proper research about the possibility of future gains of just a pump and dump project.

If trading is like gambling then you will not need research to gain your profit. It is not a gambling. You lead to learn like your have said that you got mentor that helped you. You also need to study your indicators which are very many depending on what you choose. You have to adopt trading pattern that you will rely on like using stoploss incase you are losing. You have to study your chats to understand the market direction. You know gambling don't have these type of technicalities and you don't have any particular direction to follow.

The fact is that we all trying our best to make sure making out a living will be easier for us which led me and you to engage in trading mostly we in the cryptospace, is moreorless of trial by error methods so whenever a new coin is bought is either we counted it to be at the ++ leading to being greed without adequate research and this mostly happens whenever such project announces to list in a reputable exchange or trading platform like Binance or any one else but without looking at the risk aspect of it.
We have to be mindful and keep pushing wisely

It's been a long time issue and even if you call it out the enemy of the traders are themselves if they can't control their greed it's either they lose some or lose all their trades. That's why in trading you should not only practice how to trade properly but practice yourself psychologically too.

A greedy trader is a gambler. No matter the strategy used in buying or selling a coin once there is an outrageous profit margin or expectation then the strategy used for the trade is pure gambling because at this point your research might not be enough to guarantee profit. Investing in a coin is like every other business being realistic with your profit is the only way to account for your strategy and limit greed

Greed is one of the psychological factors that must be controlled and it is against several measures such as fear, suspicion, anxiety and other psychological factors that affect trading decisions and make the trading strategy extreme because it depends on inaccurate variables.

The best is to learn more about the basics of trading and how to control because to stop being greedy means to stop taking profits. You cannot make a profit if you are not greedy, but how to control this emotion is what turns losses into profits.

 Greed is a major barrier to trading. Most of the traders decide to trade only by looking at the income from trading. A greater part of traders don't have any idea what they're doing in any case beyond trading in light of information and individuals' perspectives on current market feeling, so advising them to quit being covetous is similarly pretty much as compelling as attempting to advise a player to quit betting.

Hello everybody!
Definitely, in trading you should either practice how to trade properly or practice yourself psychologically too.

In a proper perspective you are right because just as you are doing daily business in real life and knowing the normal profit expectation of a goods or product that comes gradually this is same way that trading should be. It profit reasonably should be gradually accumulated and if it doesn't go that way, it means we are going beyond what the reasonable trading is and just trying our luck out.

Traders should shun greed because it will prevent traders from taking profits at the right time and instead hold their coins for an undetermined period. This greed will lead to feelings of disappointment, regret, and panic, especially if the price drops sharply after rising high. Traders need to control themselves to restrain this greed, especially if he is in day trading, which makes him have to be able to make a profit.

You said it all. On short run trading is indeed like gambling. Even the humblest of the traders is prone to lose all his money if he makes an order on the wrong moment and there isn't really what to do about it. Maybe the currency being used is a good one too, but it doesn't matter, there are no guarantees. Maybe he is buying at the top price and won't be able to sell his coins for a long time or maybe he is selling at the bottom and won't be able to buy it for cheaper anymore... Patience is needed in crypto market and nothing is assured to happen overnight.

Trading works, but on long run. On short run it's just gambling.

That's true and sometimes there are still many people who forget it because basically trading is very complex so it requires preparation be it knowledge, skills and also self control,
everything needs a process so the more experience it will make us learn to be better and we have to believe that

True and that's the reason why i always recommend this wanting to grad to first of all go for mentorship classes, learn and understand the meaning of the word (Trading).
Some don't even know that the little profile you make every 3 or 4 hours is better than loosing all your trading capital, you can never be a Pro in trading untill you master your trading signals, master when to trade, get all the trading analysis before trading, know when to pull out even when your making profit.

Greed comes later, first comes the learning’s. Many people are just jumping right into trading unconditionally. For example they would not set any goals, they would not consider consequences of putting all their life savings. It’s like when they see trading they see lot of money by putting something into it. But they forget it’s crazy world with mathematician around the logics of trading patterns, fundamentalists to give Future prediction on trade patterns. So much goes into it. But newbies will be like put money get money attitude. Lolz

Greed is one of the factors that traders fail when trading, if the greed that exists in us is not managed properly, then it will make us as traders
will experience difficulties. Usually greed appears when the market is bullish, traders who are obsessed with big profits will delay selling the coins
they have even though they are already profitable. Because they are too greedy and want to make even bigger profits. But this turned out to be
a problem when the coins suddenly dumped in a fast time.

Greed will also appear when we experience losses during trading, then we decided to double our capital in the hope of covering the losses we previously experienced. Even though it can make us suffer a much greater loss. That's the importance of us doing good planning, in order to avoid emotional
impulses that make us deviate from the plans we have set. Then make the losses that we experience as valuable lessons  due to not controlling
emotions well. We end up incurring losses that should not have happened. Therefore, to understand how to control emotions well, we must not
stop learning, so that we can better control ourselves. And the process of controlling emotions is not easy, it takes patience, so actually  it is not easy
to be a trader. Only a patient and unyielding person can become a successful trader.

Actually, being greedy is not bad at all but what meant it so bad if we can't control it anymore and become more greedy. That being said, if we can make $10,000 why not? For as long as we can really achieve it and are not too ambitious, for me, that was still okay.
If you will think about money, think about winning, we simply lead to becoming greedy. That is why I don't consider this as one reason why many traders had to fail and lost, it also matters how we manage our traders in general.

It's true I agree with you, this issue has even been emphasized many times but there are still many traders who without realizing it turn out to be greedy. Usually they will always feel dissatisfied with the targets that have been set from the start so that they rashly without thinking in the middle of the trip they continue to increase their targets because they see the market continues to rise, but unfortunately the market finally drops again even though they have not had time to sell it. As a result they have to waiting for the market to come back up.

Controlling trading psychology is difficult for most traders. I am a user who has been using the trading platform since 2017, but sometimes I also find it difficult to control my emotions when the market is correcting. That's normal for me, but of course in most cases it will only hurt us in the long term.

The success or failure of traders in maximizing the opportunity to make a profit largely depends on how they have control over their trading psychology. In addition to good capital, I think traders must also have an effective way to control their emotions and psychology.

Greediness could always ruin our trading journey. Aiming for more than what we have could have sometimes led to a worse scenario of unexpected losses. As for me, it would be wiser to set a target goal and be contented when you have reached it. It's fine to hope for a higher profit but there are also times when we should be contented.

It is not easy to prevent greediness in trading because I believe most traders experience this. When the price started to increase, many of us were amazed and did not try to close our trade instead, trying to wait for the next higher price. Unfortunately, not all our wishes can come true instead, the price will go down without notice. If you can manage your greed, you will not let the chance to sell your coin at a high price and wait for the next downtrend to buy back at a low price. We can have greed, but we should know how to manage it.

The OP's point is that they are the same here which means that, although we have the knowledge to do thorough research before investing, we cannot be 100% certain that our statements will be correct there will be risks that we do not anticipate. Investing is not the same as gambling but both have in common that it is risky and unpredictable, so always allocate investment capital appropriately and be willing to accept risks.

Crypto is not a place to make people rich in a short time, crypto trading is full of risks, we have to make defenses against the risks that will happen to us while trading. That is, when the risk occurs then we are still able to hold it and are able to continue trading. Most of those who risk trading or lose their money every day are due to greed. They always want more profit, even though the market has given them an advantage. Due to factors that are not in accordance with the initial target, and these basic skills will be a big loss in trading.

One who makes no research on coin to trade just because of thinking that money can be gotten from it so fast is trading or investing blindly,  it is not just greed that makes one to trade on coins  that he/she don't know about but it is also ignorant that can make some to take such decisions. Before planning to get coin it is important to make proper research about the coin, how reliable it is  and how valuable the is.

Another thing I would also like to point out is that some traders are fond of listening to some of their friends who don’t have any good experience or skills tell them which coins that they are meant to be buying in the market. I met one as of recent who told me that someone told him to buy a particular coin and he was going to invest it in it without doing any good research.

When I researched on the coin that he was told to invest in, it happened not to be a good coin and I told him to stay away from it. If you don’t know what to do, it's better that you just go with bitcoin and Ethereum.

Greed remains in the first place that makes many traders lose money, making themselves aware not to be greedy when trading is something that all traders need, when it is successfully mastered, the trading knowledge and market analysis that has been done will definitely be effective.  i can say that trading includes emotional management.

Again, this is the basic emoyional management when we are especially doing trading in cryptocurrency.
Never be greedy.
Greedy will always end with something bad and maybe losses. Many people regret about something because they were too greedy in such sutuation.
Just be wise enough in order to get the profits, as realistics.never over confident and be greedy if something that is still unpredictable

Many new traders come to crypto because of the influence of many successful people in crypto in investing long term as well as short term. They do not want to know the extent of the struggle and experience of the old traders in facing failure until they are successful. Being a trader must have skills, good at analyzing and our knowledge of the market is also broad. Their beginner habits are often greedy, because they arrive late, so the get-rich-quick mindset has always been a fantasy for them. In the end they lost everything.

It is very common that newbies get jealous of the success of older traders and investors and in their desire to get the same profits they decade to take risks that are excessive, like investing in shitcoins or using a lot of leverage, and unfortunately this is not really the way to produce profits in the markets, now it is true there is a minority that have made money that way, but as stated they are a minority, while the majority that try that strategy lose so much money that a recovery is practically impossible at that point.

First of all trading is not gambling.
So it’s impossible to make 4 or 5 times of the capital investment in stipulated period of time.
And yes regarding the greeed I completely agree on it.
Greed is the factor that plays an important role in the trading business.
If you can’t control your greed, then definitely you will face the losses.
Before investing in any coin, always we need to check the coin’s history and predict the upcoming growth or downfall.
In this way we can be saved from doing loss.

They will not unveil everything except you will get a substance of what is happening that will give you thought on the most proficient method to exchange their coin. In the event that it tends to be stayed away from, then, at that point, it's a mix-up with respect to the broker, either because of indiscretion or an excess of ravenousness, and that would be the terrible thing here, it resembles overstretching what you can really approach.

There are many types of traders attitude and behavior and one of those are the Risk taker in which they may be called greed? but the truth is they are just can carry the risk but expecting big in return so never look at them as a greedy instead they are willing to do everything just to be satisfied.

You are not pointing about greediness here mate , instead you are talking about those who have no Big knowledge but tries to invest and look for big return.

There's nothing wrong with being greedy, well in a positive way though, not being greedy without any solid plan for assurance that you're really gonna get profits for being greedy. Being greedy without any well thought technical analysis is a waste of money, time, and effort. Trading is consist of so many things in order to be a successful trader, patient and emotional discipline is the most important to control the rest.

Being greedy in a positive way sounds nice, but we need to know this, a patient trader is not a greedy trader. Any trader who is disciplined can not indulge in a risky trade knowing what the out come will be( Loss). Believe it or not no matter how good you are in trading, once your greedy you won't stop trading even when the signals are bad, this situation is often seen when one is making profit and there's a sudden change, a greedy trader wouldn't want to stop trading.

Well, greediness in all aspect is bad.

Just be moderate and be satisfied with those gains that you have because whether you think being greedy is good in the perspective of profiting and you can control yourself.

There could be a moment that you can't control yourself and you're just going to see that you've gone too much and, that's why it's not going to benefit you that much even you say so having a positive result by being greedy.

I agree when it comes that traders should not become greedy but we can trade with everything we have as long as we can afford to lose it and when it comes to safety it's true that we shouldn't put all our money in one asset only and not in one platform. When we can manage our greed we can earn a stable profit, I'm sure of it because greed only makes us lose our opportunity. 

Trading or buying coins blindly will end up losing instantly. Listening to an inexperienced trader isn't actually bad but to believe what they say is something different. We should consider being knowledgeable about something rather than relying upon someone that only new to the market. Being greedy is very understandable and might all of us had carried that but if we thought this will lead to losses, I don't think we dare to let this happen to us.

Unfortunately, too many people to that, it should be focusing a bit more on our own explanation for emotional responses to trading and less about trading itself. Trading is not an easy task, but we certainly make it super harder when we let our emotions take over and lead us while trading. This is why there are so many trading bots, you think they are there because they would trade better than a person?

A regular person configures it like any other trader should trade. The difference is that a trading bot wouldn't feel emotions, can't feel it, and it would just simply do what it should given by the commands and nothing more. A human could make mistakes based on emotions.

There are people that I see online that only post their profits but I don't see them post their losses. I don't know if they are real traders but they are mostly scammers I guess. It was also their fault because newbies will see their posts and think that crypto trading was too easy. We don't need to put all the blame to the newbies. Not all newbies are greedy but some of them are humble and willing to learn.

It was the experienced trader that are mostly greedy because they already know how to pull off a profit but sometimes they are not contented with the profits that they are getting so they will push more. Newbies shouldn't think that they are late because crypto prices are dropping and there are new coins that are not scam. They can get on it early.

Well, that will always depend on how a trader responds to the market. Greediness is certainly hard to control if they will let their emotions decide what they do, then it was over. They can't survive in trading, honestly.  Then I think we should be like bots that have no feeling of this only be the way to succeed here? But I believe this is not the solution, we should have to control ourselves slowly until we got it, it takes time however this is very important that we need to achieve otherwise.

People should be realizing earlier as they should or could because you could really save up yourself into further trouble if you do make yourself that been aware initially.We know that mistakes could really

give out that kind of learning which it isnt really that bad either but we could really avoid it as much as we could and realize things that trading isnt something simple that you could engage and make profit on.Greed is always been a main culprit or problem on what ever investment or dealing with money you are into because this would in result into unrealistic kind of targets and beliefs.

Greed is being a natural habit since the Humans evolved so it can't be completely eliminated but it can be controlled with the experience that is what the experience makes when it comes to anything. So anyone who is starting their trading career should go with less capital and once they made profits and gained enough experience can go with more capital or even compounding their profits can be good choice.

From the experience you convey, this has actually become a common problem where many people experience it. greed, diversification, and regret, but sometimes those mistakes repeat themselves. there are many experiences that we can learn from others, so we must be able to regulate it ourselves in order to control our emotions, and of course all of these things require practice

definitely a big mistake, because if you are a good trader you will not rely in any people that sharing a signals or information around the internet, wherein, instead you will rely which is very common and trusted assets to trade in the market, i mean those safe from rug pull and manipulation that can cause massive losses for example.

"Stop being greedy and be wise at the same time", because tbh if that's your routine of course you will end up losses after all.

Newbies who're not real traders and just wanna be rish boys, they'll be jealous of anything. Playground mentality, where everyone's jelly of something someone else has, even if they already have it!

But back to title, you know what? I want traders to always be greedy. More trading, more interest, more volume, more fundamentals for Bitcoin. Win or lose, we win :)

I have been stopping become greedy in cryptocurrency trading and is bad for me, ever have much money when my holding altcoin reach all time high and keep holding because I want get more profit again, but always late because all my altcoin holding drop and several kinds altcoin delisting on exchange market before become scam coins. Before late never become greedy receiving few percent profit from assets better sell and never hold it for long term. If you late for selling by waiting with higher price again loss chance with getting profit.

Amen to that. Diversification is one of the key elements to building a long term investment portfolio. This holds true when it comes to stock, bonds, commodity or crypto investing. Spreading out money across multiple assets reduces the risk profile considerably and helps to not lose too much during bad times. Greed is a normal human emotion, that most of us have experienced in the past. We need to train ourselves to not give into these gut feelings and remain strong. Both greed and fear will cloud our judgement and lead to the wrong decision making. Diversification helps here also, because if we own multiple crypto coins the risk of falling for greed to only pick the riskiest coin with the highest possible reward is limited. Mentor programs are also a good way to learn from more experience traders and maybe to copy their trading style.

The only one who can control our emotions is ourselves and it's not an easy thing, it takes practice, of course, as you said,
the more experience we have, the more we learn so that we can develop better,
what is clear is that everything needs a process

Greed during the period when we buy and made a profit and we failed to sell because we are greedy could be prevented. We could simply put a stop loss above what we bought it and that will allow us to get a profit even if we do not sell it manually. However, greed that keeps us trading even after we lose, and keep us making the same mistakes because we want to make a profit after the loss is the same greed we have when we are trading.

It is basically a replicate of the gambler who loses money and chases that loss in order to profit and they end up making bigger mistakes. I am not saying that everyone will make the same mistake, but it is a similar one for sure.

In my opinion, the right time is when we start buying red, sometimes when it's green, I can't control my lust, always wanting bigger and more numbers, makes me hesitate to sell when it's green, and in the end I lose, not according to what expected,

I think greed always bring pain and regret at the end of the market. Many people has learned from other people experienced to always carry out their personal research before trading their coins in the market not to experience losses from the market than to embrace profits at the end of the trading in the market. I believe, it will be difficult for traders to be an hurry to sell their coins in this bear market season than to hold to kill the emotions of greedy at the moment, and to prepare for a brighter future.

sometimes greed bring positive result in our trade,for example let our profits run and cut our loss. without greed maybe our balance will stable and not growth .selling our token on bearish market was good ide, as i said before we should cut our loss in order to save our balance.

That is not called trading. It's called investing. And yeah, some of the investors when they see the price of a coin or token skyrocketing, they go all in with the hope of getting rich over night. Unfortunately things don't go their way. They end up investing in some crappy coins that gets dumped and they lose everything. This is both greed and stupidity. Stupidity, because they know it's a shitcoin and they might get scammed, yet they love giving away their money to those scammers.
It's not worth it telling them to stop being "greedy". They know what they are doing, it's just that they can't take it when they lose their money.

Greed will always be a part of a trader, its only up to the trader how to control it or how not to make it as a hindrance in trading. Also, one reason that makes traders lose these days because they only see profits for short term. So even if they know those coins have only little potentials, they still invest in it. Yes, traders are risk takers so they should always see profits for long term profitability, and not only for temporary reasons.

Exactly, if we are only greedy without ay good management, we will lose more. This is the fact.
Just be greedy without any further analysis, again, we will expect too much.
Moreover, if we are greedy and also panic at once, it's likely the perfect combination to be a loser trader.

It's normal and many traders experience this.
But once we have certain management of the funds and risks, we can learn when to set the target price to take profits. It will depend on what kind of trading we are, daily, short term, or long term. the period of holding the coins will also influence the target price that we will take.
But actually, always while considering the news will also help us t determine the price to take profits, just be realistic and not to be greedy

Well, you gotta have to change your habit if you want a change.

Thinking always that you could make big profit by holding long when you see the chance to sell is a sign of greediness. Also if you want to buy when it's red you just buy and accumulate or do some TA and FA to secure your choices.

Greediness is the main reason why most traders or investors lost a lot in the process because they think it's not the right time to buy or sell when clearly the sign is in front of them.

It's much better to think that you're not greedy.

You don't know what you are capable of doing if you include an emotion of greediness into yourself. Your decision making will be affected by it and with those positive results for sometimes that you think of.

It could be much more than that and you'll usually bear losses because of that attitude towards the market. That is why it's better to think neutral and always in discipline.

Investing without amy research in this crypto market is proof that you will loose your funds easily as there are mostly scam coins which have this market strategy through paid influencers and pump the coin but after your greed pull you together to invest in it without looking at any thing you will have nothing left.Make decision based on your mind and research as regretting afterwards have no use.

Everyone has this trait, but it's up to their management to control. Greedy excessively without the basis of technical analysis is stupid. I think many traders can buy but don't understand when the right time to sell it is. Greed also makes the crowd regret because in the end they did not profit and suffered losses. So many people say don't be greedy instead of advising us to be greedy. 

Controlling emotions is also a bit of a personal thing as well. There are some people who control it easily because that is their character, and there are some who can't control it because that’s their character. Some take longer to learn how to remove emotions out of trading and may even fail time to time after many years, and there are some who take it out in the first month and never deal with that again.

So, even though it takes time for many people, there are personal differences and one person will not learn how to trade emotionlessly at the same period as someone else does, there will be differences for sure and you will have to just find your time.

Indeed, your words sound like the truth for every trader. The fact that many traders want to make a lot of money quickly and very often leads them to lose their funds. Yes, this is primarily a greed for quick profits, and therefore they ignore many rules. And the truth is simple, in order to be successful in trading, you need time to choose an asset for trading and study its potential. Ignoring this often results in a loss of both time and money, which ultimately turns many away from cryptocurrency trading.

If you cant control yourself or simply with your greed then you would really be ending up on lots of mistakes on dealing into this market.Whether you do make yourself wrekt or not
you would really still able to make some learning despite of those conditions.

Greed is never been a good behavior specially on trading and just like on what rest been saying that it would really the main reason on why you would really be
messing your trade.

Dont hurry and try to learn all things that you do encounter along the way.Dont hurry yourself on making profits because its a bad idea.

It will be right when you buy a coin, when it has finished adjusting and the price starts an upward movement. Such levels for buying are usually support zones and from which the price is usually repelled. But such a strategy should always be supported by a stop loss, which is set below the support level.

We neither use our emotions to decide and never let our greed deceives us for I am sure this never has good results, we ended up in regrets.
I know we can't rid of this greed in our life but having it controlled, seems fine.

To become a trader we don't just focus on how we earn a profit, we'd also have to learn how to manage our emotions. Wrong decisions come and result from losses because of these things.

No, it isn't like a gamble, there is a difference between trading and gambling. If you only want to gamble on your coin, you don't need to master your coins. Learning everything about the chart patterns, the fundamentals, current issues, or a proper strategy to use, is a part of trading activity regularly. This makes the opportunity to earn profits higher, so we don't gamble whether gain or lose. That's why the better understanding of this, the safer it is to trade. This is something we cannot find out in gambling.

The best time to sell is when you make your gain, buying and selling is depends how much you realize as your gained, i seems that bitcoin or cryptocurrency now people always pay attention on small profit to sell out their coins..the good thing in trading is having a good target of when you are suppose to sell your coins and make profit and when you are supposed to buy coin at lower division...best option is buying when the market is dip and sell when it increase in market

Bitcoin maxis will tell you it doesn't apply to Bitcoin. In fact, if anything, that all eggs should be saved in one Bitcoin basket by buying and hodling only Bitcoin.

In a related development, saying traders shouldn't be greedy is like saying humans shouldn't be humans. Greed is the nature of humans. What makes greed an issue is how we control or allow it control us. As a trader, you will want to get more off the market whenever an opportunity presents itself, factoring in the fact that the market is merciless when dealing with traders. It's not a bad thing by my books, though, to get back at the market if we can. Nevertheless, one has to be careful in doing that so as not to get very greedy. Like we were taught in the drama Macbeth that being ambitious isn't a bad thing but that being vaulting ambitious is a problem.

I guess! But the point is, bitcoin is relatively safe or trusted than all the other coins out there. A very few currencies have come to share in its trust like ETH, LTC and even Solana. I could have come up with usdt but, therr have been questions of the actual reserve if any at all and its not a coin that grows like the others with it being a stable coin.

Never the less, greed has been the downfall of many traders and the reason why, most tends to make a few and loose even more. Because, they want to get everything they see on the chats. Not trading gives them the impression of they are loosing or missing something and should they trade, they end up loosing. In essence, not trading could be saving your a** from loses.

This does not apply to all traders. Most newbie traders end up as risk takers and most of them get washed away. Those who survive are the professional traders who know how to manager risk and not go all in.

It is not necessary to always profit but important to be in the game. For this prior knowledge of speculative markets is important and knowing the different modes of trading like spot,margin become important. Doing a mid-long term spot trading has low risk and decent gains, but requires patience.

Not necessary at all to go for mentorship or such. You can learn a lot of trading on your own, the key being patience and timing. Learn how to analyse charts, observe S/R levels and place orders according. Do dummy paper trading at first as well to get a feel if you are new.

Also Laziness have also contributed to the downfall of many traders. Many traders especially Newbies are so lazy to conduct their personal research before putting their money on a particular coin. Although, I understand that making research doesn't guarantee that you won't lose. But, I'm quite sure that it definitely reduce lost In trade. However, trades should normalize trading the amount they can afford to loose.

That is very common among newbies, they believe they can make money in the market without the need to make any effort and this is a huge mistake, after all in every single activity I can think of the ones that are the hardest working will always have an advantage over the rest which do not work as hard.

However when it comes to trading this advantage is even more noticeable as you are competing directly against other traders and investors, which is the main reason why we see newbies losing massive amounts of money just months after they enter this market.

Human greed has no limitations, you could get rich beyond your wildest expectations and you will still want to get richer and that's the problem. If you end up with a lot of money, like let's say 100 billion dollars, there is no reason why you shouldn't stop and just simply enjoy life and have fun, but for some people that's not enough and they try to get even richer, no idea why that is.

I hope that there is a good chance to be made about the fact that people could learn to grow maturity and say enough with crypto at least, because in fiat world we keep seeing richer and richer people at the top, I remember back in the day the richest person had 30 billion dollars, now it's ten times that much.

Controlling it is the key.

But if you go around and check a lot of people that are into it, you'll barely see people would be experiencing it the way we're thinking like how they're controlling.

They're only able to control it when they've lose that much and that has taught them a lesson that it's an immediate action before they lose everything.

Doing research first on an asset to be purchased is a must that must be done by a trader, without doing that, the trader will only buy assets based on guesses without knowing the potential and future shortcomings of that asset. lazy and greedy traders will never make a profit.

It is not about taking the profit and leaving, it is about how much of it do you really think is enough. If you say enough to %1 in a crypto market then you are out of your mind, that is very little and could happen every single day up or down. If you think that you should be making %500 per day, we all know that is impossible as well. So what should you look at? What is it that you could make a profit from and be happy and leave? Is it %10 and leave? Is it %3? What is the realistic number when you trade that you should get out? I personally do not know, it changes each time, but it is certainly not being greedy, its miscalculation that makes me keep holding.

I fully support you in this concern. Never trade the full amount of your deposit. This will increase your risk and never make any trade in one basket. If you can research and trade in different places that will minimize your risk. Don't falling down in the trap of greediness.

Yes it would be very risky if all our money was used for just one coin,
so it is very important to minimize risk as much as possible and also need to set targets at the beginning both to sell and buy,
if you feel you have made a profit, it's better to sell it and of course it depends on the analysis we have done previously

Greed is a common problem of traders/investors who are eager to earn instantly, conducting a research before buying a certain coin is not a priority thats why it is resulting to losses.

We need to set aside our emotion and make sure that we're aware of what to do in order to minimize our losses.

Its not easy to be a trader but it can be learn with proper knowledge and experience.

if the focus is on trading I think choosing just one asset is not a bad choice. especially for novice traders. don't have too many assets to trade, better focus on understanding some of the top assets in the market. that would be better than spreading the seeds across some asset that we don't know whether will be good or not.
but it will be different if it is done for investment. saving some assets will support us in managing the risks that can occur. In cryptocurrency, I think a deep understanding of assets, projects, and markets will be very important to develop our trading skills.

One of the things that works for most traders is how to get more profit which causes traders to move away from their trucks. A big problem for traders is that they use whole assets during trading which is completely foolish. They may think that if more assets are used then its profit will be more. But at one point they even lost their stored capital.

Right! experienced and deep studying of the current market situation will give traders/investors a good advantage with to work

within this market, with your determination to succeed, you'll equip yourself and not just to jump to any conclusions without doing you

research, greed is part of either losing or winning a trade, it's depends on how you use it. For most cases, greed leads them to lose

but for some experienced traders, greed is what they need in patiently wait for the better value of their investment.

Just like when you do gamble on where you do start small and on the time that you had made out some profits or wins then this is the time you do make out some all-in kind of decision which is something
a gambler like kind of decision and on being greedy which it shouldnt really be tolerated when you are dealing with crypto trading because this isnt something that you could really that
bother out yourself on making out decisions which you know that could really mess up your entire analysis if you do have this kind of set-up.

Many people lose in trading and majority of the people that loses in trading are the people that are seeing trading as a gamble. If you see trading as gambling, you will keep loosing money. But if you see trading as a business and study it fine, you will gain.
Even in gambling, an experienced gambler will make more profit than an inexperienced gambler who only depends on luck to survive.

What you call greed can be summarised as risk management and it is a great factor in trading.

Just don't trade with amount you cannot take to lose, the same with gambling. The risk will remain whether high or low budget in trading.

It's better to trade in one place or exchange where you're very familiar and comfortable of doing your trades. Avoid greediness and when it's time you see your trades win, don't waste another moment of enjoying them.

Well the problem about greed of most of the trader is already known, and most of the trader know also about it, but they cant stop their self from being greedy because that was their natural response from the high volatility market and in the different market situation. Maybe soon trader many more traders can control their emotion and stop being greedy when they can get a lot of experience from the past trades that they experienced and they will learn to extend patience not only in trading but also on investing.

Failing to plan is also planning to fail as most investors don't not a clear picture if what they want up in their skull.
When you have a clearer target of whatever you're chasing you'll know when to start and put an end as a trader.
Greed is a killer take the little you have and be content with the little you have, it's not a good thing too see people loss fund's but what impresses me is that they are gradually dealing with the pain and learning fast form the mistakes.

Perfectly said but now new users think that trading is very profitable and they just start trading without proper research. So we have to learn then start trading. We should know which coin is more potential and chart analysis. But must never be greedy by investing whole assets in a coin.

I agree with what you said but it is only a trader who is knowledgeable about what he is doing that will adhere to this.
A trader who do not know the difference between taking risk and taking calculated risk in trading will end up praying for good luck when ever he trades. My advice to traders is this, ensure you have knowledge about trading and what you want to trade on before you trade else you will never make profit.

Trading is very profitable that is true! But those  newbies doesn't know what kind of experience, risk and knowledge did the trader has to reach those kind of profits. I think most of traders here do experience being greedy with their trades and honestly I've been greedy for many trades before. I know we shouldn't apply that trait when we are trading but the itch to get a much bigger profit is very strong. I've experience so many losses from time to time but I'm trying my best to get rid and avoid it. What more when you are a newbie that didn't experience that much greedy events.

Greed is another problem that investors do experience in the market. Greed is capable of making a trader to loss huge fund if care is my taken. Trading is like a life trading or school. We learn everyday and we should be prepared to fight greed because it's the normal one problem of humans we it comes to trading.

 I have lose some good amount of profits back to the market because of greed. Learning how to trading is a different thing when it comes to consciously monitoring you emotion and mindset.

Anyone who puts all of their money into just one single investment doesn't know what investment is or should happen. I personally do not even put it on anything all together, I always end up with cash almost all the time. Sure, there are moments when I believe market has crashed to bottom like today and I invest all I have into bunch of coins, but never into a single one and usually when the market is not like this I end up having some case just in cash.

It is one of the most important things, because it allows you to get ready for anything that may come later on if the price drops. If the price goes up, you profit anyway and no need to consider anything else.

We can help them yes, but all the things, efforts and learnings must come with own accord. Since the pandemic starts many people start investing or trading in some coins in the market, new people in the market are mostly follow what other influencers are saying, if one influencer says to buy this token they will buy it, when they got some profit they will start to trade in all calls, they need to be informed that not all tokens are profitable in the long run especially these new tokens  in the market that having a NFT or p2e tag in their project. Greed comes after we reap something in faster time than others.

Greed is of major concern in trading and other businesses as a whole. When it comes to trading I think having a stop-loss is going to be helpful in this regard. We need to have a target that when it gets to our target easily pull out but then even after getting to our target greed comes into play especially when we see that the coin we invested in is still flying high. Some would then decide to continue instead of taking profit and they end up going below their capital. This calls for discipline. Set limits, set rules for the risk you take and try to stick to them.Greed most times doesn't pay even though sometimes we might just be fortunate.

actually putting all assets in one basket doesn't matter if we put it in bitcoin, and I think it's the safest, it's just that the profits are not as big as if we invest in altcoins. and this method is the safest way with minimal risk, because everyone believes that bitcoin is the mother of all altcoins, which is the leader in cryptocurrency. but if we want more profit, of course diversification is a wise choice

It's normal human nature to never have enough and it's a very difficult feeling to control unless they know how to have gratitude.
I don't think all purchases or other actions aimed at seizing a moment, opportunity and more are greed. Sometimes we are so sure that only then we can take bigger profits even though sometimes things are not according to reality.

But of course, I exclude the ridiculous actions of people who are willing to sell their entire assets just to invest in crypto but they don't have enough knowledge. All in in crypto is not really a problem as long as they have other reserve funds, but not by selling whatever property they have and that is what deserves to be called greedy.

Well said It is one of the most important things, I will agree with you.That's the problem Greed destroys people.We fall into greed without thinking much.This greed works in most traders.Although I have lost a lot in greed.

When someone trade without any research they can't make the proper decision about when it's exit time or when it's time to buy. So they become greedy and lose funds. So in trading never be greedy and never be a Gambler by trading without research.

From what I have experienced, if there is a bit of greed during a volatile market, I will experience losses, especially in the futures market. I have repeatedly experienced this incident, where I feel greedy I will experience losses. Now I will stop if I have a big passion when the market goes erratically. Sometimes excessive profit orientation affects hasty decision making in trading and it is very detrimental.

Quitting is the best thing and coming back after all is normal to avoid losses.

That is why we should not chase for the highest profit if you don't know how to manage the risk because that means if it doesn't expect your goal then it's going to be disappointed for you and it may affect your emotion thus makes your trading experience even worse then just making a normal and decent profit. 4 or 5 times of the trading capital is pretty difficult without any big news just saying.

Trading is profitable but having the knowledge of how to trade we always make you not to encounter losses in your trading, show me a good trader and I will tell you countless less times and numbers he has gained trading knowledge or wisdom, trading is not like other buying and selling business it involves analysis before starting.

Greedy is one of the bad traits that exist in all traders, this cannot be avoided, because it has existed since we were born,
this is human, greedy nature can only be minimized by learning,
therefore when trading and even business in the real world this trait will always stick with you,
try to hold it in, and if you succeed, then you will experience good things in yourself, I also try to do that little by little

Every professional trader may have to have worked on that aspect as greed can affect to total outcome of any trading period, even in investment or any other aspect of life we need to deal with greed. Greed has made a lot of people a huge amount in the past and even in the future come if anything is not done to take greed away when making important decisions.

Greed is always been part of us and it would be triggered out on the time that we would be dealing with money and of course trading isnt excluded to that.Whenever we do see chances for us to make profits

then this is where greed triggers but there are people who are really that good on handling out their emotions specially on this one.Some could do it directly and some do matter about on their overall awareness
or experience.Controlling it isnt easy but once you do get sufficient experience in the market then you could somehow able to have some good grasp or control on it.

Usually when reach professional level on trading they never have greedy attitude and before buy order filled they have target selling price with 5% minimum and not have maximum profit target more than 10% above. When have greedy never care with 10% profit and looks small fund when reaching profit with 10% only and they try how could be 100% profit and loss chance with profit after price drop again. Not good way when greedy trough trading on cryptocurrency, better with small percent profit but on daily activities day than have cut loss and waiting long time for much profit.

It can be learn and minimize, experienced will be your best teacher in learning this matter. There are chances that you'll suffer by following

this greed inside you but along the way by experience you'll be more equipped and be more practical in deciding things that will favor your

investment or your business. Chances of succeeding is not far if you collect those ideas and learn how to minimize greed and use it the right way.

Good to know that you were once greedy in your trading, but you can still make more profit to cover those losses that is if you will master your trading strategy. Stick to a particular trading pattern you know very well and believe will work for you and when you do, you will not complain about losing money anymore.

I am a bitcoin maximalist and I never tell that to anyone. I just tell them to DCA their way into crypto and never put anything in one basket. Sure, I believe bitcoin will be one million dollars one day, not anytime soon but in the future, but there is no reason why you shouldn't make most of your investment.

It means if you invest a bit now, and if it drops then you will invest a bit there as well. I buy bitcoin once every month when I get my salary, and that is how I grew it bigger and bigger, sometimes it's lower and allows me to get cheap bitcoins, sometimes it's higher and I increase it, but I keep buying it, instead of going all-into bitcoin.

Actually not mainly in trading or other forms of businesses but greed is mostly known in gambling. This is where it originated but later on adopted on other fields. We have several threads here about stop loss and each of users have their own different opinion in regards to it but I think, one thing is for sure and that is to identify your goals first. When you are done with that, that's the time you can tell if stop loss is really helpful for you or not.

If you have set your own goal, you must follow that no matter what, happens. So what if you see the price still flying? Just ignore it because it wasn't in your plan and you never know that it was only a trap. I am sure you don't want to lose more, than what you already earned.

Bitcoin is safest coin for long term but profit is very low as compared to other altcoins. When Bitcoin up above 20ki stopped buying bitcoins and I searched for top altcoins and found Etherium,Dot, Cardano and Luna which I believe that they will remian for long term and I like to increase quantities in these coins every month.
It does not matter market up and down I believe that one day these coin will go high and make me wealthy like those who purchase Bitcoin are early stage.

Yes because they already learned a lot and that is the reason why they are now professionals but pro traders are once a newbie and being greedy is also one of their problems before. Pro traders are more skillful and are now advanced when it comes to thinking, so yes they already know what to do next just before they execute their first move.

Yup, greedy peeps under estimate the potential of small profits but they only want big profits at all times. They didn't know that big profits are hard to find and they always end up on a riskier situation looking for it. It's okay to cut loss or to use a stop loss because there are times that coins will drop more and will have a hard time to recover.

^A coin or a project that has a really useful network will most likely succeed, if we know this coin from the start, it has a good profit in return because they are now skyrocketing too much in the market. But it is totally different on the meme coins that usually the price goes up because of the hype, these coins should be avoided because most of them are not good for long-term holding. However, BTC is still considered the safest investment after all but it will take a long time before you will see your profit. Greediness is not important at all.

most newbies just believe whenever you start trading then you are rich already, most of them dont really understand what cryptocurrency is really about, they are not really looking for little profit, as a trader we should always know when to buy a coin and when to sell a coin, we should always know when to leave the market. if you notice that the market is not raly favorable then you should sell your coin and take your profit. The only coin i always encourage people to be greedy with is bitcoin, the more you hold the more your profit increases.

stop loss is a good strategy to stop greed. because if you don't use stop loss, profits and losses will not be controlled. Greed will rule our minds when prices continue to rise and rise, no take profit is made if we don't use stop losses.
Some people have applied the rules well and the right strategy, but they even ruined all of that with their continued greed. this all depends on each individual. I will do the same with you to overcome this greed, which is to identify the initial goal first so that you know what to do and what to keep.

Bitcoin and top altcoins like Ethereum, BNB, Cardano and others are unquestionable for the long term and when compared to newer coins, top Bitcoin and altcoins are safe coins,
it's good to buy the top altcoins gradually moreover the potential to continue to grow and develop is also great so don't hesitate to buy it

Since we want to get a big return rather than the safest one so most of us looking for a good potential altcoin. We can search for top altcoins with low prices but big liquidity and many utilities so the altcoin won't die too early from the competition out there. We can't always get a big profit because that is one of the greedy mindsets that we must avoid. 

Sometimes following market speculators who supposedly "win all the time" and show a rich lifestyle, is totally false and it is very possible to unmask them, first because they don't show their trades, they don't show their profits and losses, if they show their profit and loss would be something else, they don't follow their own advice either, a professional trader works with at least $1M, and those who work those amounts aren't even posting it, I think YouTube and some social media platforms that show people like that, are very liars.

Greed is really our enemy and even if we wanted to stop it but it is too difficult.
But what I see, this is not all about greediness, our mindset will also affect decisions. Let our positive mindset dominates our decisions, not our emotions. We also have to learn enough and exercise our minds to keep positive as this is the only it helps us not let our greediness get stronger that will soon controls us.

We all apply some rules and strategies, but the strong character is what is needed to eliminate greed! I don't think it's possible to eliminate greed completely, we all want "a little more, a little better", in a way that makes us better! So some level of greed always exists, it's about how good we are at controlling it! Experience plays a major role, we all start with hot heads and big wishes, we risk a lot to get even more, but it doesn't work that way, most of us know that in the long run, it takes a plan and patience to survive and be profitable!
People should know that control doesn't come overnight, it's something we need to practice every day if we wish to be good at it! Pretty much like everything else, practice makes perfect!

Greed is the main thing that kills traders these days, because when people start to hype a particular coin, some traders will live the particular coin they are holding or trading just to go and get the benefits from the newly hyped coin, and when it fails, they will refer trading as gambling, and some of them even borrow money to trade, and it is advisable not to invest money you cannot afford to lose in cryptocurrency trading. So it's a good thing we've stopped being greedy.

Yes, one of the failures is greed. Humans in general have a greedy nature, so they quickly become arrogant and never care about the risk of losing. Crypto is a risky trade, some experienced people will avoid greed in trading. Many of those who become greedy will regret not taking the opportunity. In trading we must commit to a predetermined strategy, for example, the profit target is something that cannot be changed anymore. If the profit line has been reached, then immediately take it. And don't mind the temptation that the market will go higher, because that's still a prediction and far from correct.

Greedy as all human attitude and difficult how to stop it actually with new comer trader, they have bad mind how with less fund trading can earn much profit almost 100x and looks crazy with their target selling coin. Maybe greedy can stop some one with trading but have left of them make greedy as good experience later how keep effective take profit although with few percent only. Many time greedy make trader losing much money when have chance to sell on higher price waiting can hit more than 100x profit but when price drop they will cut loss.

Experience is the best teacher in all parts of life. I have studied in college for 4 years, and whatever I learned there gets dwarfed by the amount of knowledge and experience I learned in real life. Crypto is the same thing, if you try to learn how to trade, you will get to a point and without trying to learn, you shouldn't be focusing on trying to make any money at all because it will end up with a loss.

However, studying means that you will not start off with a terrible base, and yet you still need experience to become great. I personally believe that the more you trade, the better of a trader you will become and that way you will start to make a profit big time eventually.

Many new trader want to get big return when trading and try profitable above 60% but actually they have take risk and looks greedy when profit target above 60%. Although as potential altcoin I think keep big return actually above 10% until 20% and above that amount I think bad decision choose by some trader. Maybe they want with bigger return actually not have good experience how keep consistent with small profit but never become long term investor than with higher return target but need waiting several years later reaching profit.

Crypto itself is risky, so traders who are greedy are at higer probability of losing their capital in trading. Traders with the mindset of greed will always missed out on coins. This thing called greed is not far off anybody, everybody in the space have greed, but it depends on how you are able to control it. For me, I came into the space 2021, I bagged Shiba and the most comprehended African project wakanda Inu, Shib pumped and gave me my profits, while wakanda Inu also pumped, but I refuse to sell because I was hoping that the coin will continue pumping, due to my greedy mindset, all my friends that bought the same with me sold theirs, I was the only one remaining, I waited for it to hits it's ATH target but still refuse to sell. When wakanda Inu started to dip, I thought it was a normal thing in the space that it will dip and still pumped, to my greatest surprised, the token dumped on me and I lost my entire capital used in investing in the project. That taught me one big lesson about greed

In my memory, traders have always been quite greedy. So, I don't think you should expect a miracle from them :)

In trading, we actually already know the risk and reward at the beginning before making a transaction, because we already have a plan and framework for making transactions, along the way, the emotional level that can change our trading flow so that the plans that have been set at the beginning often don't work because of greed, and after that the concentration will be damaged and the panic sell that is obtained. therefore we must always try to control greed

If you can't control your emotions it would give you big problem when the market move according to your plan. chances of being

greed will lead you to lose your opportunities to earn but instead it will lead you to regret with the actions that you take. Regret

will continue to chase you. Something that will be hard to let go and the only thing that you need to do is to move forward and

try not to repeat the same mistake that you commit. It gives you another shot to correct everything and make yourself successful

from this venue of investment.

Tell me honestly, when was the last time you saw a person who makes money by his labor and at the same time is not greedy? To be honest, I have seen very few of them.

It is because of greed that there are so many coins in my briefcase, the names of which I forget. Only a strategy will help to be successful in this market

Reaching to a certain profit and leaving it there doesn't make sense to me. Why do you stop when you are in profit? I mean if you are in profit then you invested into something that makes you money, why stop making money from it just because you do not want to be greedy?

I remember Gordon Gekko's "greed is good" speech when I see these type of stuff, I mean it means that there is something that gives you money the longer you hold it and you do not want to hold it anymore? I personally like to hold long term, but when I trade and it goes up a lot, I usually end up turning that trade into a long term holding as well in order to make a lot more money.

A really very big problem if you dont able to control it out nor get rid of it.Being greedy is really just part of human being.It do matter most on how someone could able to control it out specially on gambling field.

Whenever you do deal up with money then its really that normal that these kind of emotions and mindset would come out since we are talking about getting profits.

Once you do gain up sufficient experience then you would really be finding out yourself to be that aware and able to control ones emotions.

Everyone has their own greed and when they've come to the point that they've seen the possibility that they can earn big. That's where it's all getting started.

You mean to say that you've diversified a lot? Well, if that works for you and you've became successful and that's what I want you to congratulate. But not all the time, someone who's too much diversified is successful.

I definitely agree that "greed is good" unless we don't evil things just to get it.
Besides, we all have this kind of behavior, we always become greedy and that is because we wanted to improve our living, we are preparing for our future and that is why we work hard.

 * Rich people become richer
 * investors keep investing
 * businessman spreading their business and acquiring more
 * traders keep trading

This is the way we live now, the life to be.

In fact, to be honest, you don't have to be greedy. In some cases, greed works.When we do futures trading, it is seen that a lot of profit comes in a short time and when we lock in the hope of making more profit, then we have to lose profit.But the truth of the matter is that trading platforms cannot be taken at this time and if you have some profit, you have to sell it. There can be no greed here. People lose their money just because they are greedy.

Unfortunately all those people who are looking for a major return usually ends up losing money as well. There is a situation in crypto where plenty of newcomers all hear that crypto made some people a ton of money and they want to be part of the same thing as well, which makes no sense to me.

Certainly there are some people who made a lot of money but that doesn't mean that you will make the same amount of profit neither, maybe you will not make any profit at all, who knows? This is why we should be avoiding such confusion and hope that we will do well enough. I can't say what's going to happen in the market, but I know that I am not expecting those kind of returns.

Most traders get too greedy, they deviate from their trading plan and end up with losses.

I have these written on my wall.
-Always use stop loss
-Use Take Profit, don't be greedy
-Stop overtrading
-Start small and grow

Some traders when they are successful in trading want more and more, earn more money and I don't see it as a bad thing either, the bad thing is that they don't know how to manage their balance of risks, there are some traders who don't control themselves and leave with all their balance in some trades, and although they have high odds of winning, they can also lose, and therein lies the problem, if they lose because of greed it is a strong blow, although there were many market speculators who have experienced something like the case of Jesse LIivermore, which has several books where he explains what he did to recover.

All these points you have proven are the right and basic key to totally eliminate greed from trading. Greediness is in every trader mindset and the ones that are able to overcome it are the ones that will avoid or reduce their Chances of loss. Many traders usually start big, they believe if they start small, they won't make a lot of gain and these has totally change the mindset of traders. Start small, and earn big, that's the main aim of trading. That's what shows that a trader is progressing and making profits rather than been greedy and Losses.

Its not really that bad to have that kind of boost of feeling when it comes on making out profit because we know that this isnt something simple that we have done on sustaining this market.
It cant really be avoided not to have that kind of feeling since we are just humans who do aim more on making or earning money but with proper experience and awareness then you would really be
able to handle out that kind of problem and able to avoid yourself on possible finances problems just because you had able to control on this case.

Greed had render most traders useless and it will continue so if we are not careful about the way we do things. I have lost countless of fund due to greed and we need to be careful and self discipline when we are trading in the market. We should always ensure we use stop loss when trading to limit possible losses that may occur due to mistake or market volatility. Trading psychology is a paramount aspect in trading.

When I first saw your statement, I thought you were addressing me because I'm one of them. When I want to trade, I make sure to only look at the positive aspects of the previous market, ignoring the negative aspects. I had high hopes of making a lot of money, but I ended up losing everything. This is all about greed.

Maybe yes maybe no.Maybe no in terms of you are not aware the in trading we will lose something as well, most of the time you will lose much more than your gain if you bought a token at high price then a rug pull or bear market came in. We should know when to TP, because if we will keep this behavior like being greedy to earn more and more that's the time we will gonna lose instead of having a profit from our trades.

It is really important for traders to be confident in themselves. It should be understood that very often uncertainty brings an extremely negative result, and a trader may generally stop working as a result.

It's because of personal characteristics and environment. I found many people being greedy even they have no much money, and many are changing because of environment when start having much money.
But in this case is nkt like that. Being greedy in crypto trading will only make worse the condition. Being greedy commonly will lead you lose mlre because you don't feel satisfied of everything that you got. That is why as you personally, just don't be greedy, no matter how greedy other people are..

I think as a trader one must get to know the limit of going for more profit , their are some traders who can go ahead of getting more profits,  that is the limit they can go. When one is going more than his/her limit that is when greed comes in and it will definitely end to be loss. The most important thing every trader needs is to know his/her limit and work with. Looking for more profits is not bad when one have not exceed the limit of getting profit.

Well said, I have seen many amateur trader falling for this, when a friend calls them about a coin they don't even try to make research on the specific coin, all they do is invest in the coin and when the market starts going bad they feel crypto is scam or not worth investing in, you have to make research on coin you are willing to invest in especially when it alt coin.

I agree, that many people not only in crypto investment but in other investments same like that. When their friends introduce their success on other platforms many people who don't understand will blindly put their money by following their friends. Any instrument of investment will need research at least before investing so don't be lazy to do some research rather than get scammed later.

Usually people are not interested and lazy, Usually they are with no traiding experience.

Trader's should do well to set a limit, I'll use this and if I don't get what I want, I'll stop trading or not trade with my reserved funds. Self discipline has a role to play here, trader's should build value's, know the morals and ethics before jumping in.
Wanting more money also with the same strategy used initially might not work out in the second trail. A lot of things should be unlearned and upgrading of your trading skills. Truthfully, trading bis never for the weak. So, watch it and don't trade with your emotions.

Investing is not that easy and we can't imitate like their friends do and want instant success,
basically everyone has their own process and indeed doing research is very important,
at least that way we know what to do according to the results of the research we do

I want to note that this aspect is extremely important for a trader. It should be understood that a trader must be confident in himself, otherwise the result may be negative.

@Oluwa- btc, your right, the limit in trading is called a stop loss, this is what most traders fail to do especially the newbies, they trade with emotion instead of discipline. Greed has made most traders lose funds that were meant to be used for other important things aside from trading, we know that everyone needs money but you can not make it as a trader without having the right mindset of traders that is maximizing profit and zero losses. Powerful contribution I must say.

If we know how to manage our funds, control our emotions and set our target goals, we will be able to do trading the right way without committing too many mistakes due to greediness. One good strategy that we should apply is to set a limit and a target profit so we will know if we will stop or continue. Trading can't give us instant success all the time but we can take a step-by-step move to reach the successful trading that we want.

feeling greedy is a human trait that I think will be difficult to erase, and if you want to delete it, of course, is learning,
not only for trading, this trait must be stopped, but in life it is also like that, because greed will create disaster for us.

I know that the greedy traders always make loses because of there poor mindsets. We can't make everything in a day so we have to have our daily target so we will not go astray from our rules. A trader needs to have a guideline for tradimg or rules so things will not go wrong at the end of the trading.i will better be consistent in my trading than looking at making bigger profits today and losing all tomorrow. Trading is very risky so we need to be prepared and get ready for busy before we losses everything we had made.

Or simply being part of human nature of being greedy which is something that cant really be removed but there are people who are really good on suppressing it out thats why they are really
good on handling situations which are in related with greed or something that do talks about money or something like that. Traders should mind off on how they should gonna sustain
theirselves in the market because if you do able to achieve or attain such condition or state then it do solely signifies that you are already considered to be a good trader.
There might be times that emotions would be you main enemy but with due experience, you could able to handle it out.

Not just in crypto currency but in life itself. Greed is one thing that have a very bad reflect on one's life. So it best for traders to set limit. With you setting limit it helps manage your funds.

In a bid to earn more profits due to greediness on the part of trader without setting a limit often result to loses, personally I had experienced such in some of my trades, I refuse to take profit appropriately after earning some decent profits which later resulted to losing the trade unfortunately without setting a Stop Loss thinking that the price will reverse in my favour, presently I had a fix limit of profit once price hits that limit I close my trades, cryptocurrencies prices are usually very volatile they often moves very fast and needed serious monitoring while trading to avoid liquidation.

My device go directly to general public who is a trader who trade cryptocurrency nobody owns internet money because internet money the money does not belong to anybody the same one that you can see but cannot touch unless you convert it to Fiat currency so when you make your profit you are advised to withdraw your money or don't be greedy greedy is one of the factors that make some people to lose whatever thing they achieve through threading or through cryptocurrency

No good trader invest all his funds at once and go in all. Only newbies do this. Trading involves that you do some research and check some pointers and plan how to invest and what to do if things don't go well or when to take profit. Anyone doing something else is extra-gambling with extreme risk.

Here are the things to look for when dating here, but here is the key to not doing this, there is a mentality here and there, but if they are able to overcome it, they can avoid the possibility of energy loss and if they gain.  It will be seen that traders are likely to suffer losses but here If you can have a good chat from here, then you can have a good amount of talk from here and if a lot of time is wasted here in the hope of making more profit, then the traders here can suffer a lot.

You would suffer a lot if you wont really be making yourself to have those changes and learnings out of those mistakes and errors that you had committed.Being greedy is normal when you are just starting but you

shouldnt tolerate this kind of emotion/behavior because this would really be resulting into failure and no matter how hard you do and if you do have these kind of aims on rushing up yourself on earning or making
money then you would really fail most of the time because your mind isnt really that fully set on making good analysis since you are on a rush.

You would eventually learn on how to make yourself way more better on the time that you do experience losses and able to cope up and try
to make out some adjustments out of that.

You are right, because it's only newbies that will invest all their money on a particular project without carry out a research about the project, if the project will be favourable in future or not before investing on that particular project. Since potential traders are still holding their coins to avoid losses in the market, because the price is too low for them to make a huge amount of money but newbies will not listen to the current price than to sell to experience losses in the crypto market. I think this is the best time to plan well not to miss the opportunity, because the price is still low for traders to buy more and wait for the price to increase higher before they can sell to make a passive incomes.

Honestly greedy traders will never be lost in this industry, most traders are financially greedy, although I don’t know all of them but it is impossible without greedy traders. Because all traders want to make money, now that depends on the mindset of traders.

There are also others who are all about analyzing the actual price movement in the market in an effort to earn every day, they will not stop until nothing is gained before the end of a day.

Surely it will be very risky when a trader invests all his money and it is not the right decision,
maybe just a beginner but what is certain before investing is that traders do research for consideration,
it is important to minimize the risk

put all the money into a crypto investment, ah.. that's certainly too reckless action. especially if for a beginner, of course, there will be very minimal knowledge to choose assets. it was just an instinct used. it's more appropriate to just complain about his luck.
try your luck I believe it can be for a beginner in short trading or a long-term investment. but putting all the money of course is something stupid. even experienced people will not put it all.

Usually one of the reasons why a trader becomes greedy, it is because he sees other people can get rich by trading crypto and gets motivated.
The problem is they made the wrong decision, they think trading is easy and become overconfident by using all the money they have for
trading capital. Even though the reality is that getting rich from crypto trading cannot be obtained instantly, it takes a long process. Even need
to experience several losses first in order to understand how to trade well. Actually the main key so that our greed can be controlled, it is at least
we must have a good knowledge of the crypto world. So we know how the crypto market works, so we can devise an effective strategy and
of course finally we can understand how to use capital wisely.

 I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  ;)

Most at times people apply their trading and skills from physical trading and marketing into the Cryptocurrencies space, is that really fair, would that give them any edge in the Crypto space ?
Greed is bad, and one will never make advances if they continue and make greed a top priority. Everyone should have a good limit and stop to trading.

mistakes in the past being the best teacher, an experience that should really make us able to avoid the same problem. It takes several tries to avoid the same problem, every trader has their own strategy, but what is certain is that avoiding losses is something that must be done. We also have to have control over the trades that are being made, lest the traders only get losses.

It is a foolish man that makes same mistake often times. A wise man that's his correction or sick cancel. Trading is analysis based so watching the charts can help not to make same mistake but the reason for such mistake is like you said, greed. Sometimes we take high risk and hope on lucky but many times it fails.

The ones who are most greedy in this cryptocurrency lose the most.Those who covet cryptocurrencies will never get anything good. The most serious proof is myself.I bought the BNB a long time ago. I bought and invested in BNB at the lowest price.When I invested, the price of each BNB was 32$ and then I bought and invested $44.I did not sell even when the BNB was rising to $687. There was a great deal of greed in me.I heard on different news channels that BNB will cross 1000 dollars. Then there was a lot of greed in me.And I haven’t sold so far I haven’t sold my BNB.From this greed I realized that greed destroys people the most.However, my advice is that none of you should be greedy by investing in cryptocurrency. Some profit will actually sell you your invested coins.

therefore it is better to keep a journal, so that we can evaluate previous mistakes and try to correct them. indeed sometimes discipline is detrimental so that it makes us disappointed, but there will be more benefits, especially during the bearish season, of course we must dare to cut losses, so this gives us the opportunity to find work areas again with healthy risks

I've seen too many traders make a profit and then get GREEDY wanting more... then turn around ending profit into a loss. I’ve learned in bear markets is to do the OPPOSITE of what the majority of people do.
Don’t get greedy, learn from your lessons, don’t beat yourself up, and keep moving forward.

Considering the elements of fear and greed, knowing when to exit the trade when the candle is green one of the toughest decisions for traders to make.  When greed is waiting on your shoulders. They lost profits and even end up with losses for being too greedy for more profits and deviating from their trading plan.

Personally, automating most of my trading process and using multiple Take Profit with Stop Loss with effective risk management options (https://blog.cleo.finance/risk-management-2-how-to-set-a-stop-loss-and-protect-your-funds-when-trading/) helps me stick to my trading plan and achieve consistency and discipline. One of the best parts of using automation is that it doesn't cost me a dime instead it helps me achieve long-term profitability.

The market is big and while to accommodate our weakness even at the worse time. Greed had made many successful traders losers because they forgot to be contented with what they have and how to manage what they have. Trading is all about winning and losing and what make a trader a winner is the numbers of winning and profits made during trading. You can trade and start making good profits but when we start experiencing greed or embrace greed, everything wi start grumbling gently with time.

You can be a winner once you already overcome your greediness, something that really hard to explain inside but not always

that particular attitude will lead you to lose your investment, but there's also time due to experienced and proper understanding that

kind of greed also gives you opportunities to earn higher than your expected profits.

Though it's not easy but possible by chance that you can also use it as tool while you are engaged with your trading activities,

always backup your strategy with alternatives that will let you break even or avoid burning everything in your wallet.

Human being is naturally greedy and having good control would really be varying on someones experience whether they would dive in or not on specific conditions and taking risk even more.
Set goals according to your targets and dont set or go beyond with those means. Trade and earn something according on your goals and if you do see some opportunity and some mix
of intuition then its up to you if you do put up more risk but of course you do know that securing profits is recommendable and if you do go far beyond due to greed then its not really
good but if you do see some opportunity then its not bad to consider as long you do accept the risk ahead.

I agree with you- sometimes it has something to do more than just the research. The problem with most people is that, they tend to be greedy in meeting their desired numbers and reaching for a specific profit threshold before they cash out, resulting to a more loss on their end.

Trading is extremely risky especially if you are new to this field. The risks involve in substituting your coins with other cryptocurrencies is just way too high to the point that profit may be compared to as of a bank teller. It is nothing but essential that you must always cash out your investments even if you see just a tiny profit on your end. The more you wait, the more you subject yourself to greater risk of your profit turning into a loss.

Most times people don't learn from their mistakes especially when it comes to trading,  they do not consider losing money as their own mistakes rather they see it as bad luck. The charts are for guidelines but your ability to effectively apply what is seen In the charts is the only way you can escape those occurring losses. Applying another strategy can also help to reduce losses in trading but many are ignorant of this and that's why they cry always. You can never stop losing if you don't let greed out of your mind.

It is extremely important for traders to be confident. The less self-confidence - the more likely that a trader may make the wrong decision.

Greed is a bad habit of some traders...
Greed is something that can turn your winning day to a lossing day...
Greed is something that will make you to increase your leverage with little capital...
Greed is something that will make you enter a trade that may require $100 risk with $1000...
Greet will make you enter the market again immediately after winning small without a cool off...
Say No to Greed and trade with caution.

Exactly, i Think when you start trading then you need to keep patience and It's important for trading. And you need to learn about trading from many article books and YouTube videos.Buy more important Which project do you invest and recherch. Greedy traders lost money in maximum trading. Don't be greedy in trading.

Greed seems bad in everyone's view but you can't deny that thanks to greed, people are more likely to hold and push the price higher. You've to understand now all greed is bad since crypto has some form of greed in itself, attract investors thank to the 'get rich quick' scheme and exposing it to the mass public and social media.

To be honest probably most of the comments on here regarding of the suggestion of trading is pretty much they don't use it, especially they don't implement their own words into real trading cases. If they are actually using their own post in real life, then it's good for them. But yeah, most of them just know about simple stuff like buying and selling for most aspects.

Its just common sense on where people would really be suggesting on the most ideal thing to be done which is mostly talking about on not to become greedy but you do really have that point
that people who do common suggest but some people do really miss out on doing so on what they have said into other people.We cant know but for sure there are people who do really miss
out on doing that. Being getting greedy is normal or something humans could really feel specially when dealing with money or something that do talks or in connection on making profit.
Cant really be avoided on some times but when you do get sufficient experience then you would really be able to get a good hold of it.

No body is against you buying and holding as the case may be but what do you do once the market is favourable to you will you also time goes on. Do you keep investing instead of selling then making your profit? You can make it but have the mind of maximizing profit.
 

And the outcome is mostly negative because of that mindset, but if you do understand and know how to control and take advantage

of this kind of thinking, the chance that you will be able to maximize your benefits from this industry is always possible. There's a

Risk but also there's a good reward once you place and withdraw your position. More on how you will take and how passive you

are in thinking the benefits of your actions.

I don’t think all trading system is  like gambling. but trading is gambling which trade use Leverage , margin. However, it is true that when a trader invests all his funds in a token without realizing it, it looks like a gamble. Because if that crashes then he will lose a big part of his investment.

I think every human being has more or less greediness. If someone says I have no greed, I will not believe it. Because if there was no greed then why he came to the crypto market he would have lived somewhere else. He knows that while there is a risk in the crypto market, there is also an opportunity to get more that is not available on any other platform. However there should be a limit to what we want. We know that excess of everything is bad. Our demand must be realistic. We often think of a sheet coin if its price is so high then I will have so much profit. We should remove such type of thinking. Just try to be satisfied with little.

Greed is normal for a human being but it do also matters on how someone is good on controlling it and those could really be depending on  someones experience and learning that they had attained.

Some are good on controlling their greed and some are not which it do really result into bad decisions specially on investment area.As a trader then its just really that important on how you would really be

handling out yourself on various conditions or scenario specially when you are profitting.You should know on when to secure profits and realize those and you should know on when to cut
losses or call it a day so that you wont really be messing up your trading activity but of course losses are inevitable which is something to consider.

Trading shouldn't be seen as or in any way near gambling. Before venturing into trading one should get to know the don'ts so he or she can avoid losses, also losses would be seen in trading there's a high chance loosing every single bit of what you have in trading than in gambling. Better have limit in whatever you are using to trade. Quest for more profits often time's lead to Greed and it's funny they don't recover quickly from such losses cause thru don't do or carry research on what they have just invested or placed thier money into

Greedy is a bad habit every potential traders must avoid from the community, because it always bring regret in the future which is not advisable for anyone to get involve. Now that we are still experiencing bearish market which many people are using this opportunity to buy coins that will bring them more income in the future, but greedy people are still waiting for the price to decrease to $10,000 before they can buy in this season which will cause them regret when the price increase higher in the market. I believe, many people will not miss it this time around because they have learned their lesson to buy when majority people are buying in the market, and sell when the majority people are selling in the market.

When it comes to trading, greed can be your worst enemy. If you're greedy, you're more likely to take unnecessary risks in an attempt to make a quick profit. This can lead to big losses, and it's simply not worth it.
It's important to be patient and disciplined while trading. Take your time to assess the market and make smart decisions.

I would like to add that the market trader or speculator in most cases does not maximize his profits and cuts them, just as he keeps hope when he is losing, this means that if we are operating and we are watching the market, if we put a stop to a movement but we see that it has the potential to continue growing, we must move the stop higher, the ideal would be to have the stop and take profit at the same time, but if not, it would be better to maximize profits that way, but some traders leave the market with a profit, but they lose movements, this is a common mistake, vice versa with losses, if I see that the market is coming against me, I cut the loss, that is, I let the stop loss do its thing I work and I don't move it with the hope that it will go up in price.

I am not a proponent of greed in trading but I have this to say, at times may be a very few situations, greed has made some persons luckily hit a good profit level due to how hurriedly they traded on a particular coin while others came in late by way of going to do much research about it.
Am not saying research about a new coin in the market is ain't advisable but ones in a while a good trader need to take some greedy  risk especially with an amount they can easily let go.

The last part of your statement is right. If you can let go, the amount of being greedy or taking the big risk is okay.

We never know how the market will turn and the kind of opportunities might be wasted if you will not act right away,

Though it's not always that luck will grant you the right position and most of the time that kind of luck is just limited in a

short span of time, it's up to you to take it as long as you are willing to lose the amount of investment then it still a good call

even in some instances, it's a kind of greedy strategy.

That is the truth, because some made mistakes for others people to learn so that it will not happen again in the community. I guess many people has learned from your mistakes never to be greedy whenever there is a good opportunity to make a good profits from the market so that they will embrace it on time. This is another advice for those who are still holding their coins to be patient with the bear market because the market price is not looking good for anyone to make a good profits at the moment but the price will definitely increase higher before the end of next two months.

Controlling greed is of course important in trading. Because traders who control greed get good results in trading. Because trading is a game of experience, any move in the hope of a quick profit can be costly.

The way everything is promoted on social media today about trading, things are shown to be very different from the reality. So a trader must follow the market trend and take trades after controlling greed.

Greed could fucked you up not only on trading but also in other investment or activities as well which does really involved money or funds to be used.Greed could put you in big trouble since this would really be

resulting on bad decisions because you arent really following your analysis in the first place.If you do hurry up yourself on making profits then you wont really be able to mind or think off carefully on things
that you must do.

Stick with the basics and stick into your analysis even though its not that precise but it is really better that you are on the track rather than hurrying up yourself on trading
and minding on making yourself rich. hehe.

There is never a right decision in trading my friend, it has always been a risk people take of which one can be lucky at times, and that's why is not always good to put all your eggs in one basket because no one knows the next few hours or days, but however, there are certain things which could help a trader make good trading decision, which is having a basic knowledge about trading, it's tools, the market and factors that affect a particular asset you intend to trade

I think you need to have good confidence before doing anything. If you don't have any confidence before doing anything, you will never be successful. Think carefully before doing anything.  Once he starts, he should never pull back from him.

You will only have the confidence to trade if you acquire at least the basic knowledge to do it. Trading is too broad and not knowing how it works will surely lead you to losses due to misconceptions and wrong beliefs. You should have the right mental and emotional condition before doing it because the volatility of the market could lead you into a roller coaster ride of emotions. Before you start, make sure that you're equipped with enough information about technical analysis as well as the potential of the coin that you're going to trade.

It is good to have some decent amount of money but having greed for money and then going to one step ahead having lust for money is another level of stuff.
Where you call the trouble yourself - you are a winner or you are a terrible loser there is no mercy in this game and there is no boundaries.

I think that an affirmation when we say lengthen profits does not mean that you are greedy? or when we affirm that losses must be cut quickly, I say this because there are many traders who make their positions, and suddenly the market goes against them and they cannot maintain it, so instead of cutting losses what they do is lengthen it having or keeping hope that the price will rise, and I believe that in trading things are not like that, and there are many people who are winning and who are close to touching the tke profit and do not let it run, unless they withdraw 75% and let the rest run to see if the gains continue to lengthen much longer.

When you gain enough knowledge about trading, your confidence level will increase. Most of the traders who have been trading in the market for a long time have come to the market with trading knowledge before taking entry into live trading. If you come to trading in the market with confidence without knowing well about the market, then it will become over confidence. So you have no other option to enter the market with confidence.

Money game is a strange game - we keep running after it - and we forget all the trouble which we create for the others.
And one day we are all gonna die. Leaving all the things behind. It's good to have love for money alongside - have love for the people too.

All of us do knows that we do die and you are just taking things too personal and its true that there's no permanent on this world and the love on searching for money? You cant really
remove it on someones desire on earning money no matter what kind of way or path they would be taking and that would really be resulting on being greedy but we know that  there are people
who are really that good on controlling themselves on being greedy too much on such scenarios because they are aware that too much greed wont really be giving out positive outcome.
Trading is a hard thing to sustain considering that you are dealing with unpredictable market then it is really not a good idea on making yourself prone in too much errors and mistakes.

Cryptocurrency is something that automatically arouses greed among people Why not get greedy where you invest a small amount of money and then see your money grow tenfold.Here you will definitely benefit people will wake up.And what this greed has done in cryptocurrency they could never do anything good.I myself have seen that I have lost many things in life by being greedy.Especially when it comes to trading platforms, one can never be too greedy and only give up a small amount of profit The trading platform is very sensitive and if you get greedy, you will lose everything.

I agree many new traders want to earn fast money in this crypto space since many people told them earning in crypto is easy, trading in crypto is easy and many sh*t traps they spread to new people who don't understand the risk in this crypto space, people should have a mindset that they can't easily be earning 4-5 ROI in short of time. And I think crypto has more risk rather than stock and other investment instruments.

Greed is a natural trait shared by all humans and this is a natural thing, but we must be able to control it. When greed in trading is too excessive, it will certainly be very bad for trading.

this is the reason why it is necessary to set the strategy first, do financial management before trading, and must be disciplined with the initial strategy that has been made.

When the target price has been reached that is the end, don't do anything stupid and don't take profit when the target price has been reached. When the price dumps and panics it will be a loss and sell at a low price.

The image below will probably explain how the emotions of greed and fear affect when trading.
https://i.postimg.cc/RhWST6QP/Market-Emotions-Cycle.png

Sometimes lust for money takes us to nowhere. We loss peace of mind and our health.
It's good to learn to live with in the means and gamble less and try to invest in the things which are productive and more stress free.

It's part of life. Everyone wants to make as much money as we can and that can be seen in trading and investing in the crypto market. No matter how good you are in both of those, you will have that time that you'll find yourself greedy because it has to be done with what you think is the right thing to do. But having the experiences, you'll realize that it's never been a good feeling and thought when you're in the market because instead of making, you'll attracting yourself into losing more.

Very valid point you have mentioned - life is a blend of ups and downs.
We make so many mistakes in our life yet we are hardly broke if we are on the right path. I think one should have a want for money but not on the shoulder of other. Or not by harming others.

Seeing on your negative feedback then its no surprise that you are just a referral spammer and you should really stop on giving out bad advices specially on arbitraging because it is something that cant really be

easily done even if you are using up some bot.Why? there are lots of factors which do affect someones profitability and also you are really in high risk specially on dealing with those unknown exchanges which
you cant even assure nor secure yourself that you are really dealing with legit ones and wont be experiencing problems.

Its not impossible though but chances on making profits is less but honestly this is one of the easiest on making profits with lesser risk
but finding opportunities doesnt really come often.

Greediness is what is making some people Toulouse the money currency in investment so I believe that a plan of action out then you refused to cash out that. Then your money will be in trouble so they are for any person who is Vito cryptocurrency don't have to be greedy in life the greediness in cryptocurrency

Well, if you're doing the right process you don't really want others to intervene in what you do and if you're testing out, it's only you that should experience the consequences. Harming others in a way like using their money for your experiences in trading and that could lose them money is really a harmful idea. Sometimes thoughts like this are being built up and just a matter of concern will change your mind as if you don't really care about them. A reminder would be fine to think that you shouldn't be that type of trader or investor, remove greediness and you'll be fine with your trades and decisions.

If you are modestly hoping to make a profit then you have the potential to lose here.You should bet with a specific idea.You should have in mind how much profit you will not citysell.  And if those who invest for long term then you have to wait for a long time and sell them when you see profit.

Greed is a human nature that is very difficult to get rid of. Therefore, many traders or investors suffer losses simply because they are unable
to control the greed that exists within them. Therefore, it is very important that we have careful planning when deciding to trade. We don't need
to be obsessed with big profits when trading, no matter how small the profit we make if we accumulate it will be big too. Especially in a bear
market situation like now, we have to be careful when trading, especially when trading altcoins we must immediately take profit if it is true that
we have made a profit. Do not delay taking profit just because we want to make a slightly bigger profit.

Greed could ruin our strategies, goals, and decisions in trading. Temptations of greed are everywhere in the crypto industry since the opportunity to make a profit is here. So we must have a proper mindset before we trade. The right planning and setting target goals will help so we can control greediness which is normal especially if we're aiming for financial freedom but we have to control ourselves and know our limits.

Well losing is always there. It's a part of the game but being modest is much better than being too hasty or greedy as that could double or even triple the risk. Not all have an idea, that is why some are seeking for others but this was fine since there are those who are more experienced than us but you should only bet an amount that you are willing to lose.

Agree that its better to stick on our plan like if we decided to be a long term hodler then we should not get distracted. To be able to do that, we may need quit on looking at our portfolio so that we won't see the price and then not logging online so that we won't see the news. We will only come back after some time.

Greed is a very bad thing in crypto market if you are greedy then you will face big problem I think if you are greedy then you will lose everything in crypto market you have to keep calm and take your one target like this if you can edit then you  Survive in the market and if you target the market then you will face many problems

Has anyone read Christopher Marlowe Dr Faustus. Where he has mentioned that Greed in one of the greatest sins and can eat the greedy person and the one around him. However it's good to to live with in your mean and hold your lust and enjoy the life.

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

high ambition and greedy was totally different in my opinion. high ambition was setting high goal to achieve and it step was stage by stage, but greedy want to achieve our goal only in short term and didnt need any stage.  every traders or investors in crypto market must have both of these. by having ambition or greed we have good goal that need to achieve with several way.

Talking about greed is the major problem of traders and crypto investors which had been the worse factor that had brought many many traders down. Greed has the power to make us think in a way that has side effects to our trading lifestyle. Investing and holding is a big factor to our success in the crypto market and we need to be very cautious how we makes plans and decisions so it will not result to regret. We need to take time to workout our weakness not to be a Victim.

In theory it is indeed different and cannot be equated between ambition and greed, but on the other hand when talking about ambition and greed they are different but their barrier is only thin and sometimes when we cannot recognize and pass through the thin barrier sometimes ambition immediately turns into greed in the end .
In trading, both are definitely there, but this is what makes people sometimes forget the basics, considering that in trading sometimes emotions are very dominant.

But being greedy is the whole point of making trades. Buy low sell high, you and the exchange make money and where the money come from? It is coming from the pockets of the other greedy people.

Telling traders not to be greedy is like telling a fish not to swim.

Traders should just accept that just because they are winning today, don’t mean that they’ll keep winning tomorrow.

There are some cases when traders didn't get profit at all because they go greedy, fish is able to swim because it's their skills tho and one of our skills is not becoming greedy because greedy comes when we don't grateful enough to what we can get or what we get. Well, there are some reasons why people especially traders become greedy and one of them is because they didn't set their profit target and they didn't have patience enough.

You must be greedy about losing money, only then greedy can be useful. In trading, as in investing, it is very important to have a good understanding of where you are going to invest your money and your main task should be to save it and increase it. If there is already a profit on the deal, then you need to do everything not to miss it. It may not be a big profit, but from each transaction it will accumulate and over time it will increase.

Being greedy in trading or investing sometimes brings good luck. but one must understand the tolerance of greed committed. Limits for exiting the investment made are very important. everything must be well planned. know when to enter and exit the market. it's really hard to control. sometimes someone just uses their ambition to get more. but all that can be controlled when an investor becomes more experienced.

Greed is a curse - one should get rid of it - sooner the better....
This greed has killed more people than war actually has do, it is stealing the peace of mind as will creates the health issues.

I think the real problem is putting all your eggs into one basket rather than being greedy. Although putting every egg into a single basket could be seen as the result of greed. Its obviously important to diversify your investments into things worth investing into. I for one would never invest into start ups which do not even have a institutional investor behind them.

I remember someone once did an experiment and randomly invested into whatever came up first and that person did remarkably well. So there is obviously a limit to how much research will be useful.

Well, I don't think it's just trust and safety, I think a trader should have a lot of information and read books as well as study many analyzes of various traders, even so, he shouldn't be influenced by the news, I think that the news sometimes influences decisions and this is not entirely good, because each person should have their own arguments according to what they know or if they apply some kind of theory to be able to trade.


I am also in favor of what you say, because we cannot achieve everything in a single canata, I really like the diversification of money, investment always needs to be diversified, it is something that is imperative to do so that if you run into any problems, we have the other entry just in case, what apsa is that not everyone sees things that way.

People are in a hurry to make gain  but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

That's very right - and that's what I have gone through.
Some people are in so much hurry to gain - and they can ruin the life of other people for this gain.
But on the other hand Karma is a big teacher - it comes back from where it has started.

Greed is always at the corner during trading, but traders who are very conscious about it knowing that greed is bad in trading don't fall for it because they already know greed is a distraction of spoiling everything at the end . Traders who really understand how to make profit don't allow greed to come into their mindset.

The thing that is making some people to lose money into investment is because of greediness investing in cryptocurrency you need to be careful of your investment because being greedy into the investments we make you to lose what your capital and your prophet you met within a short time so you don't have to be greedy I have to send off or cash out your profit and the capital and return to the market with your profit if you really if they want to make extra of your profit

Yeah a lot of new people who enter the crypto market only want quick rich or quick profit so they didn't have the patience that is needed in the market. Those people should learn from their experience when they lose their money when it comes because of their greediness. Learn together with your friend and always support each other so one of you won't fall into greediness because of lack of mentality.

you can be greedy but must know when to stop expecting high , because if you are greedy seeking for good profit then its fine , what is abusing if you will still ask for money when you already knew it is impossible to attain .
trader has different strategy, day trader? or those using other platform , if you are for day trade then must have specific time and income to seek and not for too much.

And that is because they've experienced to be greedy and then they've managed to learn from that mistake that being too greedy won't do good in the long run.

They take profit and have the thought of any amount of profit is already a profit. That's why they don't do that much deeper when they're in profit. Maybe a few percentage would suffice and then they'll try again tomorrow for another goal and aim of making a bit of percentage they'll set.

The unexpected downfall of cryptocurrency market during past days, where a big rug pull occurs in mega trading coins/ tokens,  is the result of such activities where a lot of investors (not only low category but highly professional) are now keeping away from digital markets. The market will take time to fully recover but main thing to do, is taking serious steps towards the revival of the confidence level of investors. In my opinion, first step towards enhancing the confidence level is in the hands of project management to keep their projects free of rug pull and limitations/ restrictions should be imposed on such trading activities.   

Correct. Having someone who can work with you side by side will allow you to find good success in this kind of business.

It's not easy since inside you there's really a kind greed that will try to dominate you, but if you have someone who can give you advice and

work with you, you'll be able to overcome the greed and you'll be able to adjust in whatever direction you needed to adjust.

Greed occurs because they only think of one goal, namely profit. Many people put risk aside, so their view of crypto is that it is a place to make money easily and in a short time. when prices go up, they seem to want a bigger profit, while risk awaits and their greed becomes bait so that there is a panic sell, there are many heartbreaking stories about situations like this, where they don't take profits and panic when the market dumps. therefore we must prepare ourselves solidly before starting to trade