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Author Topic: Never Be greedy!  (Read 2275 times)
St4yInTh3D4rk
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May 29, 2018, 04:19:35 PM
 #21

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.
Everyone is greedy here all want to become in short time without any work but we need to a smart worker to become a millionaire.Yes we need to control our emotions while trading and also the panic selling which causes lot of failure for many traders.But trading is like a gambling so we can't do much to become successful but we never lost anythig until we sell them so holding can be an option when the prices are falling.

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May 29, 2018, 04:32:15 PM
 #22

Without following those rules there is no way to be a successful one except a succesful by chance. I learned from my past reading that is what i follow. There are lots of rules of them greedy plays a vital role. We can be greedy but always be logical. If you becme greedy while trading then you can be assured that there is 90% possibility to be a lessor. Make us do the reckless thing and need to be discipline about that. Not only in trading but also in everything.
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May 29, 2018, 04:38:30 PM
 #23

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May 29, 2018, 04:44:30 PM
 #24

some people regretting their decission during trading because too greedy and not listen suggestions from other people but greedy is human nature and very difficult to avoid it especially if you're facing uptrend which is possible to get more profit then greedy will always be aiming us however greedy or not i think it depend on the person themself because if those people can control their emotions and have good mentally i think they will never being an greedy
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May 29, 2018, 05:09:47 PM
 #25

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.

Because of this I lost almost 40% my money and back to zero again. This mistakes also make a lot of people with big fund become poor in second. We all know how big greedy create lost to us but sometimes we break our rules to get profit, wrong action. I'll never give up to this greedy, I won't lost again because this one. Keep do the best and we will create new future for us.

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May 29, 2018, 05:31:50 PM
 #26

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.

That's a basic knowledge but you know that there is also a benefit if a wrong output happened because of greediness.

Because of mistakes like greediness, impatient, weak hands, panic etc. a trader will now have an experienced of those therefore they will not again let it to happened. Mistakes are part of trading life and that is a good foundation for building a trading experience. That mistakes will now be the concern of a trader so a good analyzation must be made just to stay with those mistakes again.

If such cases that the mistakes continues to the point that no winning at least by few times then that person should refrain from doing trades.

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May 29, 2018, 05:36:57 PM
 #27

Greed becomes the image of people exiting in crypto in short terms, like they've been looking for a short-term profit, expecting some coins for a bit then going out after they received their short trades. It is rarely a good thing to do if you want to go win-win, but mostly it is always a loss. Opportunity, lad. It is what is getting lost when you get greedy. Get happy with that profit you get then regret it in the end.
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May 29, 2018, 06:04:23 PM
 #28

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.We have to follow some rules for trading.Then only you will be the successful trader.
The things you have to follow in trading
1.You should not be greedy.
2.Patience is must
3.Holding prevent you from loss.
4.Inverse your excess money in bitcoin apart from daily expenses.

If you follow this,you will avoid of loss .When the price increase,you will get profit.
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May 29, 2018, 06:22:48 PM
 #29

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, its been one of the most important lessons to learn. You need to set aside, your exit plan and execute it at the dot otherwise you might end up losing. We have seen newbies making this mistakes over and over again, as if they are not contented on how much they are going to profit and keep on waiting for the price to go up.

So the sooner you learn this lesson, the better for you. Personally if I have invested a good amount and I see that my capital is somewhat doubled already, I usually get out take my profits and invest on other coins.

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May 29, 2018, 06:41:11 PM
 #30

Greed becomes the image of people exiting in crypto in short terms, like they've been looking for a short-term profit, expecting some coins for a bit then going out after they received their short trades. It is rarely a good thing to do if you want to go win-win, but mostly it is always a loss. Opportunity, lad. It is what is getting lost when you get greedy. Get happy with that profit you get then regret it in the end.

Short term trading isn't a result of greed. People do short term tradings, and makes profit, and that is also a way to make decent money, but only if you can study, analyse and predict the market correctly. Short term trading is not a bad thing and not a loss making method. Many known people are making their profit using using this method. But if you say, holding coins can give better result on some good coins, yes I would say ofcourse, at that time selling coins will make people regret afterwards.

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May 30, 2018, 04:14:06 PM
 #31

https://bitcointalk.org/index.php?topic=3984420.msg38831439#msg38831439

In that link that is what I learned from my past readings that is what I follow and also maybe you could read the whole topic just to know more about trading, just saying I do not assume anything negative I just want to help. Still for me the good thing to do is following everything step you learned and that might get you to the top and be a successful trader.
It is important in trading actually to always have a strategy and not get carried away by all the moves in the market that can actually cause anyone to end up getting screwed eventually. The market is highly volatile and we have actually seen cases where one can end up losing everything from a single dump immediately and then they get confused not knowing what to do. It is always very good to know when it is best for you to sell, as long as you have made good profit and go look for another market to do your thing.

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May 30, 2018, 04:41:28 PM
 #32

I agree we shouldnt be greedy in terms of trading like if you hold any coin that suddenly pump up and always thinking that it will pump continuously then suddenly decreases so you waste your opportunity to have a good profit cause of being greedy and never satisfied by its price.
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May 30, 2018, 05:01:48 PM
 #33

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.

In some cases, you need to be greedy depending on what you want in terms of target set for yourself. If you set a target of $10,000 stick to it even if the price is $8,000 being greedy would then set in when you reach your target and you decide to want to wait till $20,000 which is not wrong but be ready for what comes next whether good or bad. If its positive, its no longer greedy but being strategic while the other way round is surely to be termed being greedy.

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May 30, 2018, 05:17:02 PM
 #34

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.

You mean a 90 percent to be a loser because of greed.
Correct. I do believe that. Without the satisfaction of what you will get, small or huge there will always be losses or the feeling that you lose even if there is still profit.
It will always be insufficient to the way you are thinking for the next trades that will come. I have read a lot about those kind of trades and at the end they are at the loaning threads.  Grin


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May 30, 2018, 05:18:39 PM
 #35

Do not be ignore every single of them because it is helpful to you to become success. The axiom that fear and greed rule the market is true. If we thinks that we have earned a good profit safely then we should remove opened orders. It will less risk on losing money. I experienced it being greedy. We need to control our emotions while trading and also the panic selling which causes lot of failure for many traders. I learned from my past reading that is what i follow.
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May 30, 2018, 05:30:21 PM
 #36

For me being greedy sometimes is good but the risk your going to face is high let's say that the your win rate is just 1% and the 99% is the lose. Well being greedy will result to loses always but if you're too lucky, being greedy sometimes becomes profitable.

But since it's all about trading and it's all about investment we want to make sure that our investment is safe and not in risk we should not consider being greedy because just like what I've said there's a 99% chance that you're gonna lose your investment if you're too greedy but if you have the guts and the luck goes to you it may reward you really high.

I didn't recommend being greedy since it always ended up losing, this is all according to my opinion and perspective.
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May 30, 2018, 05:33:58 PM
 #37

Greed is what motivates many people to come into crypto because they see the high gains to be made, and once into crypto they find their way into this forum. Hodling is a strategy because they have no time to day trade, so hodling is different to greed

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May 30, 2018, 05:38:04 PM
 #38

Do not be ignore every single of them because it is helpful to you to become success. The axiom that fear and greed rule the market is true. If we thinks that we have earned a good profit safely then we should remove opened orders. It will less risk on losing money. I experienced it being greedy. We need to control our emotions while trading and also the panic selling which causes lot of failure for many traders. I learned from my past reading that is what i follow.

In any kind of earning we need to put our 100 percent then the profits ars decided with that if you don't do that it will be not good for us in the most of the time and gives losses.

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May 30, 2018, 06:01:21 PM
 #39

Greed breeds poverty. In order not to think about the possible big profits, one must create trading rules for oneself and adhere strictly to them. This is the only way to earn money on trade. Do not wait for "High", then you will not see "Low" in your positions.

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May 30, 2018, 06:12:43 PM
 #40

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.
successful by chance?

No, it isnt because success would really be attained if you are serious and do really strive to learn up to sustain yourself into this very volatile market.Greed is one of the common problem of a certain individual where its normal for a human to have this kind of urge of feeling when it comes to money specially when they do someone do earn big amounts in doing trading thats why some are motivated but yet they are on a rush on engaging things which do end up on losing money instead on earning.


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