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Author Topic: Never Be greedy!  (Read 2685 times)
Furzo
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June 01, 2018, 09:58:36 AM
Last edit: June 01, 2018, 11:10:57 AM by Furzo
 #81

I agree that we should not be greedy be contented when we get at least 20% profit in our investments cause trading coins is difficult and you will not always gained a good profit and being greedy will cause you of big loss.
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June 01, 2018, 10:17:39 AM
 #82

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 are right. We are not allowed to be greedy in trading. Usually I would sell all the coins after making a profit of 10-20%. I have had many regrets for being greedy

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June 01, 2018, 11:13:50 AM
Last edit: June 02, 2018, 09:40:52 AM by r32godzilla
 #83

Definitely.While trading,we 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.A lso,we should not invest in a coin on just seeing its price rising high as it may be getting pumped.

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June 01, 2018, 11:46:57 AM
 #84

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.
too much greed will make you fall  in the long run. always control your emotions as this is where greed comes from.  be content on how much you have as you don't know when market will have corrections.
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June 01, 2018, 11:47:24 AM
 #85

Greed is the worst thing, trying to earn more you get a huge chance to loose everything, so better is to earn smell than to loose
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June 01, 2018, 11:54:31 AM
 #86

Yes, you are right. If I wouldn't greedy then Now I could be a happy man. But this is the truth that when anyone will see the crypto market growing then he or she must wait for more and more but it's not good (according to my situation). Now I will suggest every trader must take good profit from their investments and after that wait for big like as moon. However, thanks for your suggestion base post.

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June 01, 2018, 11:59:23 AM
 #87

It is easy to say that but when it comes to real situation and you think the price would go higher , can you control yourself ?
Greed is the reason of many losses , we can try to control it but I don't think anyone can control it 100%.


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June 01, 2018, 12:40:47 PM
 #88

This is one thing that I have learned right now when it comes to holding too much of my assets. One of my assets who reached almost $4,000 worth has now gone down to almost $800. I just sold them anyway due to emergency purpose, but I would buy them back once I have enough funds because I believe it will skyrocket due to its amazing roadmap. Just lessons learned. Cheers!

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June 01, 2018, 01:57:18 PM
 #89

I've learned this the hard way myself.  There is a reason the saying "pigs get slaughetered" is constantly repeated by pro investors like Warren Buffet.
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June 01, 2018, 02:00:04 PM
 #90

Greed is the worst thing, trying to earn more you get a huge chance to loose everything, so better is to earn smell than to loose
Being too greedy in the financial markets is very risky and cryptocurrency is also so, if too greedy you can lose the composure and can lead to lost profits for a while. long. Having a clear and well-planned investment plan will make it easier for you the investment.

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June 01, 2018, 02:14:50 PM
 #91

Greedy means showing a strong desire for something especially material possessions. The end product is lost. Never be greedy in whatever thing you do it does not pay.
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June 01, 2018, 02:30:02 PM
 #92

The main rule: do not succumb to emotions, remember - while the cryptocurrency is not sold cheaper - nothing is lost yet, it can fly up. Smiley
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June 01, 2018, 02:33:01 PM
 #93

Being greed is common with each and every user. To overcome the same user needs to have a better understanding about the market. This is not possible with every user, particularly there are people who make an investment upon bitcoin as well other digital currencies in a random manner. This at time turns to be a greed, some succeed while majority fail.
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June 01, 2018, 02:41:35 PM
 #94

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.

Totally agree on this. Been trading for a while already and greediness always puts me on the losing side. Plan your trade and trade your plan is really the key - wish this is easy. Smiley
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June 01, 2018, 03:18:11 PM
 #95

agreed, and +another 2 good rules of any investor are:
- Don't put last money into it
- Put as much as you are ready to loose
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June 01, 2018, 03:23:13 PM
 #96

This one is really difficult, because someone has the target of their profit when doing a trade. I also feel so hard when i try to control this one in trading, because when i have made 4% profit, i want to make it bigger and i'm ready to wait longer, but the end i'm loss. The best way is to feel satisfy with how much did you got eventhough you feel not satisfy, that is better than you never get anything.
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June 01, 2018, 03:50:22 PM
 #97

In trading never to get too much greedy.. Think first the coin before choose. Because it's better to think than to become greedy.
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June 01, 2018, 03:58:34 PM
 #98

Before I was so greedy that everytime I heard a shill, a buy that shilled coin without any technical reason why should I buy it. It always end up being loss in trade. So I told my self to stop listening to this. Now I based my trade in technical analysis, I dont just buy I read first from the chart.
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June 01, 2018, 04:10:48 PM
 #99

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 never saw myself as a greedy man before I became cryptotrader. It is the worst emotion that turns off mind and only leads to losses.  Human greed is the main ally of manipulators.

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June 01, 2018, 04:37:03 PM
 #100

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 never saw myself as a greedy man before I became cryptotrader. It is the worst emotion that turns off mind and only leads to losses.  Human greed is the main ally of manipulators.
That is right, although by nature we are not greedy there were point in our life here that we become greedy, I hope that we can fight for greediness as the money that we are earning is useless when we are not receiving love from people that we love because of our attitude, and it is fine to give back to community.
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