Never Be greedy!

[vidprab5]

yes you are right, better not to be greedy, you better take a fair profit because when you are greedy you can be a lot of losses, fortune already set not too much take profit.

Greed would be harming you. Humans are greedy and they want to get more and more even after they had enough money. But in trading, if you become greedy, you might be losing all what you have, slowly and gradually. So better is when you have got enough profit, you wouldn’t be going for more anymore. Reason is, if you go further, this might be of great loss to you.

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[tesla80]

For example all the traders look at the RSI when points 80 or more to sell, but you can do it at 63 - 70 area to avoid some risk.

Greed is your enemy!

[quality.crypto]

Op did you actually faced greedy situation??? If yes, did you made profit or made loss??? In crypto trading greedy attitude is important but one must be aware with the market tactics to take advantage of being greedy.

Yes, I faced greed because in last year I made lot of money when bitcoin was at $19k but I though the price of the coin increases even higher value and now the price decreased a lot.

[Supercrypt]

being greedy isn't good especially doing trading 'cause you will end up to regrets and losing money, so first thing first if you want to earn profits, learn first to control your emotions before jumping into it and to avoid loses and etc 'cause that's the common reason why people always panic when there's a fluctuation in the market. 

Anyone who is greedy while trading will most of the time always would not know when to be selling and usually do not always have a plan and a strategy, What makes professional traders is not by trying to get the best value to sell, it is by having a plan and sticking to it, irrespective of what the market eventually gives. Yes, as much as one may have strategy to buy, it is always necessary to know what to look out for to sell in a market depending on one's trading pattern.

always set reachable target price and a reasonable target loss. Always follow that target. It does not matter if the coin continue to rise because sometimes waiting for a higher price is deadly. Sometimes instead of going up it will goes down.

There is always some basic level of support and resistance in every market and it is always important to take note of them most of the time which for anyone who is smart enough, they will know when to be out of a market and when they should still be in the market, but as long as you are making very good profit already, it is necessary to always play safe.

[LovelyFLOWER]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes never be greedy because it might lost your hope to have a big profit. Maybe your coins will all lose and there will be no more hope in the future. It's really hard to trade sometimes because you want to have some more instead  until you recognize it's no more.

[taktik]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes never be greedy because it might lost your hope to have a big profit. Maybe your coins will all lose and there will be no more hope in the future. It's really hard to trade sometimes because you want to have some more instead  until you recognize it's no more.

in any case, you can really calculate the value of your coins. Son but the brother does not need to be infinite, so there is a minimum value, as well as the maximum.

[Fog Fence]

It is harmful to be greedy in any area of life, especially in investment. Personally, I'm not greedy, so I use not trading, but investing. The time horizon should be at least a few years.

[ShadowBits]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes, I have always experience that back then that I became so greedy that I end up losing all of my earnings for a certain trade.

[valera10]

I fully support your opinion about greed. As they say in Russian-greed of any person will ruin. And this is not someone invented the phrase, this life dictates its own rules. So don't be greedy friends

[Getcoinsite]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Good point simple but meaningfull

We all know that greed kills many traders and investors because the more you eager to win is the more losses you'll find.

We all need to earn as this was our main objective being here but assurance is wt we really need to have and we cant have it if we become more greedy so better use our skills and mind before entering in some transactions

[Ahiaba]

Greed is the main reason why many crypto currency traders loss while trading crypto currency. Many of them do not follow their money management rules all as a result of greed. They want to take all the profit in one day or one trade forgetting that anything can happen in crypto currency trading and at the end they will end up lossing almost all their investment.

[ModGirl]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes, greed is always a bad virtue that makes investors lose money. I was greedy and lost more than $ 1k6. But we also need to be greedy at the right time. Be greedy when others are scared.
If you believe in the good future of the Crypto market, you can buy a powerful downward altcoin and hold them long. It will bring a beautiful result.

Yes it is not good to be greedy as this way people only lose money and don’t earn anything, it is not the end for bitcoin that a small dips makes you greedy that just go and spend your bitcoin, just have patience and I am sure if you will plan well and will deal with the situation with patience without being greedy you will overcome your lose very soon.

[apityeh71]

Yes that correct,  greedy is enemy of trader and this human nature that hard to control it. Learn from the past mistakes  also will help control that emotions. To be successfully trader is not enough by skill and knowledge of technical and fundamental analysis,  but 90% of factor that make success in trading is psychology of trading.

[arlington]

unfourtunately this was my mistake during the huge price rise in January, I have had tripled and more my investment and wanted more, now it ended with -6x of my capital.

[BCSHonda]

I fully support your opinion about greed. As they say in Russian-greed of any person will ruin. And this is not someone invented the phrase, this life dictates its own rules. So don't be greedy friends

In my opinion, never greed here is talking about BTC prices, in investment we never greed expectations at quite high prices. Set goals clear and at a reasonable price, so you will be successful sooner, if too greedy at high prices you will hardly get out of the rotation, you will stay in the waiting.

[Baoo]

In my opinion, Greed is the weak point of many people, especially in the field of trading cryptocurrencies  and unfortunately that problem always leads to major financial losses and also  it causes the rush in  choices. Furthermore, I saw that there many traders have a  misunderstanding   between taking the risk and the greed, the truth that they are different because the risk is essential in order to earn a lot of money in trading, of course it will be when you take the right choice in the appropriate timing, and the greed is a widespread issue, and it causes mis-choices in the wrong time. Plus, I think the most important thing in the field of cryptocurrencies is the patience, especially when there is a bad situation (like what happen within this period (crisis)).

[Sadlife]

Technically being greedy without research, analysis and having no strategy at all is dangerous and will possibly lose your money. Like what i did i made a wrong trade because i got greedy because i thought the price will be bullish after that but the price crash even further now im unable to sell and have become a swing trader.

[Bdstar]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

I agree with you on this point, I know when you become more greedy then could face a lot of losses because it kills you. you have to make a good plan and follow some constructive rules which could make you successful in the future. Otherwise, you might face a trouble in this platform.

[breathlessz]

I fully support your opinion about greed. As they say in Russian-greed of any person will ruin. And this is not someone invented the phrase, this life dictates its own rules. So don't be greedy friends

In my opinion, never greed here is talking about BTC prices, in investment we never greed expectations at quite high prices. Set goals clear and at a reasonable price, so you will be successful sooner, if too greedy at high prices you will hardly get out of the rotation, you will stay in the waiting.

i think greedy but having a target is a good thing, meaning we are disciplined against analysis. which is bad if we are greedy without analytics, and as you say, we just wait and wait

[Mpamaegbu]

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

I get the feeling from your post (badly written though) that you are sending an advice to traders not to be greedy, right? But the question any trader should ask is, "How greedy is greedy?" You see? This is the point most traders don't get. When is the right time to exit a trade? You can exit a trade and still watch it run in your favour. And this will spring up the "Had I known posture" for the trader. The exit point is really a difficult point to determine.