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Author Topic: Never Be greedy!  (Read 2693 times)
RavRider
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June 30, 2018, 09:03:43 AM
 #421

Thats true! Because While trading you should always go with a plan. We should set our profit limit as 10 or 15 percent instead of just chasing the price rise thinking sky as the limit. Otherwise, it would lead to total loss of investment. Also, we should not invest in a coin on just seeing its price rising high as it may be getting pumped. Just stay clear in your head while trading.
BaraxLo
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June 30, 2018, 11:54:19 AM
 #422

Yeah, always follow rules is the best way to stay away risk in crypto trading. I set up some rules for myself when trading and i ignore it last week, now i have to pay the price when the market crash. Not be greedy with anything is the best way to survive/
Do not give first priority to the amount of investment or the maximum amount you want to choose for trading because it may reflect in loss. The main priority to should be your knowledge about the market, the processes functions and the profit procedures should be under the light of market rules and principles. You are to learn all these before entering into a market. However, if you have knowledge then please step forward and invest with big amount.

Cryptogid
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June 30, 2018, 02:30:09 PM
 #423

Being greedy in crypto is the beginning of foolishness, the moment the least kind of profit enters for you while trading,get it and pull off..
ernoo
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July 01, 2018, 07:18:12 AM
 #424

Always try not to be too greedy. I think a good tactic can be, to continously sell some part of the investment, when we feel like getting close to the peak, and also set some stop losses.
QueenRoyale
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July 01, 2018, 07:37:54 AM
 #425

Being a crypto and bounty hunter and trader. Our number one rule is Never be greedy. Greed will only bring you more loss.
Meowth05
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July 01, 2018, 07:49:06 AM
 #426

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.
Well, just like they say too much is bad. If you think that you have enough earnings then just stop for a while because chasing your profit could might lead to your loss, the profit comes unexpectedly. Being greedy will definitely lead to your loss so be contented on what you have now.

kontarz
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July 01, 2018, 08:38:35 AM
 #427

I agree with you. Greed is the greatest enemy of the trader.
MMnoob
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July 01, 2018, 08:41:49 AM
 #428

if you trade in crypto maybe you do not get greedy because it will make you big losses, trading in crypto must be patient if you want to succeed.
Ewox
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July 01, 2018, 08:54:18 AM
 #429

You really cant help but observe in trafing that there will always be some people who are greedy most especially if money is involved, that is already given. You just have to ask yourself if you want to be greedy yourself or be contended, that is entirely your choice.
@baracitamon
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July 01, 2018, 09:13:18 AM
 #430

If in the Crypto market, you dream of high prices and you wait, you will lose money and miss many good opportunities. So I think you set goals first and at the right level.
sedahan13
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July 01, 2018, 10:41:06 AM
 #431

Greedy actually human nature in crypto trading and many trader very difficult to control it, and that why we need to make trading plan and make risk management like use stop loss in every trade and also lock some profit when the price going up by use trailling stop. By use this strategies our greedy can be control it and the potential loss will be less.

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JRoa
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July 01, 2018, 11:51:52 AM
 #432

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.
We can't become a good trader if we are greedy person. We should be aware that we can easily lose our money if we are greedy. We can't focus on the strategy and technique that we should do because greedy person has only one goal in his/her mind; and it is only to gain profit.

waichi
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July 01, 2018, 02:35:28 PM
 #433

Greed is double edged sword, it could be good or bad depending on the part of sword you are using! Without greed you may not really think wide and far enough for you to achieve greater price for you holding!

I guess we all have to be greedy once in a while to lit the fire on us. To pursue and be aggressive to achieve more. If aiming for more is too much, then that is too much greediness. If we do not control our greediness in trading, the tendency will might lose more to the point that we get broke.

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Pattart
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July 01, 2018, 02:55:44 PM
 #434

Greed is double edged sword, it could be good or bad depending on the part of sword you are using! Without greed you may not really think wide and far enough for you to achieve greater price for you holding!

I guess we all have to be greedy once in a while to lit the fire on us. To pursue and be aggressive to achieve more. If aiming for more is too much, then that is too much greediness. If we do not control our greediness in trading, the tendency will might lose more to the point that we get broke.
You're right maybe we need a little nature of greedy. so you have aggressiveness to gain more and work harder.
but if you can not control your greed. of course what you will get is a loss. because greed will only make you waste a chance
GrayFullbuster
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July 01, 2018, 02:58:23 PM
 #435

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.
Greediness is the root of evil, the reason why scammers are continuing to create fake projects because they only thinking themselves. They want to earn money in an easy way which is they are scamming many investors. Do not be greedy for you to become a good investor.

Jaci
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July 01, 2018, 05:07:47 PM
 #436

When people start trading at that time most of the people don’t control his emotion so several people lose his money. Too many people greedy but if you do not control your thirsty you must lose your money so you must control your greedy. Greedy is a very bad habit for the cryptocurrency, at first follow trading rules then you must start trading.
jemine
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July 01, 2018, 06:10:55 PM
 #437

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 disagree with the rule that says never be greedy as a trader. If you are not greedy in crypto trading you will be making peanut,  you will sell once you have 5-10% profit.  But if you are greedy you will make 1000% -5000% profit
totholio
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July 01, 2018, 09:59:51 PM
 #438

You have to be greedy when others are fearful, just like now everyone was panicking, could've already made 20%
bitcoin31
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July 01, 2018, 10:34:14 PM
 #439

The number 1 rule if you are trader is don't be greedy because it is not helpful for you. Those trader who are greedy if you noticed most of them are failed or losing a lot of money. Expecting a lot of money is free but they have in the right place.
bbcolex
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July 01, 2018, 10:43:29 PM
 #440

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 to some point you posted, had experience losing more after expecting my investment to rise even further. The result? I missed the All Time High waiting get more, learned the hard way but still it's worth the experience to learn from it.
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