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Author Topic: Never Be greedy!  (Read 2684 times)
furry04
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July 17, 2018, 10:26:08 PM
 #601

Greed should be logical and due to  analysis but the greed without control will make huge loss . Greed is the enemy of all investors and traders inlcuding me when I was greedy and didn`t sell my coins in 20k$
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Vness10
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July 17, 2018, 10:34:21 PM
 #602

That's true don't be greedy especially in trading. Greedy person will lose everything because not every time the is on you so just be fair in everything. In crypto if your greedy it's either your win or lose being greedy will bring you down.

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July 18, 2018, 01:03:20 AM
 #603

Being greedy is bad because it can result in different outcomes. For example if you have invest and your investment hits 50% up in your profit then the next thing to do is to sell it now for profits but eventually you will only hold it and wait for it to make 100% and as a result the price dump and the worst part is you won't profit and will lead you to a negative profit. I experience this before whenever i do day trading. I always wait for more then always ends up not to profit. Now i change a lot because i always see that scenario in the past.
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July 18, 2018, 02:49:31 AM
 #604

I'm currently seeing the progress on disciplining myself to control my greed. The outcome is very amazing because most of the time. my decisions were always right. My greed is telling that the profit is still small with its increase but my mind is telling me to sell it now and then I follow my mind and I'm glad I did because it is the right decision.
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July 18, 2018, 07:45:47 AM
 #605

Trading is not for greedy persons.Because if we become greedy on trading, we will loss our money.We need to be happy with small amount of profits to become a successful trader.
Make sure that you have the knowledge and science of making money in the modern market or not, if you know how to run it then okay and proceed for more investment.

On the other hand if you are not well by knowledge then do not waste your money and time here but start learning about a specific source of your desire. It is not up to big investment for a person without knowledge but knowledge is important which will make you able make any quantity of profit.
zhpool
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July 18, 2018, 07:52:37 AM
 #606

That's true don't be greedy especially in trading. Greedy person will lose everything because not every time the is on you so just be fair in everything. In crypto if your greedy it's either your win or lose being greedy will bring you down.
Ya being greedy may make you win big some times but is a long term it will surely gonna hurt you and you end up in loss...so really much better to dont be greedy and take smaller profits that will keep you away from big losses

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July 18, 2018, 09:35:24 AM
 #607

If greediness is a bad thing in trading at some point but i think it will be good in investment. So while others don't make any move to take the opportunity of investing more while the price is down, it's your time to be greedy this time so will gain big profit when the crypto you are investing goes high.

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July 18, 2018, 09:50:56 AM
 #608

If greediness is a bad thing in trading at some point but i think it will be good in investment. So while others don't make any move to take the opportunity of investing more while the price is down, it's your time to be greedy this time so will gain big profit when the crypto you are investing goes high.
Many mistakes start from insatiable greed and you can not escape. You will not be able to calculate what is the right time.
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July 18, 2018, 10:37:02 AM
 #609

Agreed, be a little less greedy than the other traders
discipline is the key. plan ahead, set an entry and exit
point beforehand. Also learning how to use stop-loss
is a great start for disciplining yourself.
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July 25, 2018, 06:20:19 PM
 #610

Traders and investors are all humans and humans are bound to be greedy by nature. People often have less control over their emotions. But yes, obviously traders should invest their money wisely. In the greed of earning more and more they invest their entire money without thinking that the things might not work as they thought them to. So after experiencing such losses they should learn from these mistakes.
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July 25, 2018, 06:46:06 PM
 #611

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 think the eagerness to earn is not being greedy. It is just fine to aim for the best as long as wr have the opportunities on our way. After hodling aiming for a good profit is still fine as long as we are trying our best to reach our target goal. We must just always think twice before making any decisions.
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July 25, 2018, 07:06:00 PM
 #612

Greedy individuals dependably lose their cash because of ravenousness for more cash in less time. They settle on sudden choices and that isn't right for your future. On the off chance that you need to acquire enormous cash and satisfy everything you could ever hope for later on you should be patient and cool and don't take your choices in a frenzy. Sit tight for good circumstances to come and be hopeful about the brilliant future.
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July 25, 2018, 07:29:43 PM
 #613

Greed is the number one killer when it comes to trading. Greed can make you lose all your money. You must devise a strategy in cryptocurrency so that you would be able to be consistent and be a profitable trader and investor.
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July 25, 2018, 11:56:26 PM
 #614

Being greedy is good and is also bad at some point of our lives. A good greediness is when cryptomarekt is down and bleeding but you invest more simply because the price is so cheap. But being a greedy person during the time when your crypto is having a very good market value but you keep on hodling it for the hope that it will rise more, then that's a result of greediness being bad.

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July 26, 2018, 03:01:46 AM
 #615

you are absolutely perfect, as a human tendency, when you have money coming in, it is usual that you expect more.
If you have less aim for less profits rather than high profit, because high expectations can cause losses.

Casmania
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July 26, 2018, 03:16:19 AM
 #616

you are absolutely perfect, as a human tendency, when you have money coming in, it is usual that you expect more.
If you have less aim for less profits rather than high profit, because high expectations can cause losses.

I agree mate, and that happens with my friend last year he became so greed which made him decide of holding his tokens for longer time while its value reached higher. He failed to sell his coins which made him depressed until now. Due to having no satisfaction and with the expectations of much higher price  growth on his asset, he now have regrets of not fulfilling the principle of selling at higher value. The results of holding so long on his coins, it litterally dumped dipper until now at 152 satoshi per coin which was coming from $2k satoshi per coin.
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July 26, 2018, 03:36:05 AM
 #617

This is true. If you are going to be greedy then you are risking your future with your hands and you will never have a higher chance to get a bright future when you are greedy because greedy means you are not thinking it on a good way and you are just an aggressive person who want to make money and more money and not that person who want to be conservative and a slow progress type of person which is safer.

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Eleanorrussell64
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July 26, 2018, 03:44:59 AM
 #618

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 lesson.
While trading, greed does not mean that it is not good if you are greedy for the right way and limit the greed, do not be too greedy that we become disoriented and controlled.
tuanphuong666
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July 26, 2018, 04:14:03 AM
 #619

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.

exactly. I agree with your point. The greedy trade makes us lose everything. I learned the lesson from NANO 2 months ago
sergio red
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July 26, 2018, 05:21:49 AM
 #620

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, In trading greed can destroy yourself fully. you have to make a good plan and then you have to follow the trend of the market. don't want too much at a time, you have to be patient if you want to make a good amount of profit.
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