Never Be greedy!

[iv4n]

always be greedy! greed and laziness are two qualities responsible for human progress
if you are not greedy or lazy,you will be satisfied with what you got
greed motivates you to wake up everyday and want more and more-better things,prettier women,bigger numbers in your bank accounts that you confuse with money etc.

Greed is a negative thing for me, I believe we have dreams in life and it should be our inspiration who makes us work for it.
If we are greedy then even if we achieve a lot of things, we will never be satisfied and when we are not satisfied that means we are also not happy.

You are right it is not good to be greedy and it will lose your all amount of money so it is good to earn small but never be greedy about your investment, money is all about earning high band waiting for your turn than being greedy and sell at low price, bitcoin price use to change all the time as it never remain same for long time so if price is low just hold being greedy to get fast profit will give you only lose.

He mixed lazy with ambitious, greedy and ambitious people don't know when its enough, they don't think about others. That did built this world, but look at the world we have, that ambitions and greediness are destroying people, nature around us, they are destroying our kids. People should have limits, people need to consider other peoples well being, greedy people don't feel that, they are just taking, they don't give.
In trading and gambling if you aren't rich greediness will destroy you, you can't trade or gamble aggressive all the time without huge bankroll. For many ordinary people greediness isn't good, better know your limits and be satisfied with smaller but safe profit, otherwise you will lose money and you will not be able to continue.

[Kevin77]

Greed can also be a blessing in another situation. However, I believe that you shouldn't be too greedy during trading. I think the best way to decide whether you are making the right decision or not is to read much on any coin you want to trade. Learning much about the coin will help you know the how the graph goes and from that, you will know what to do.

The greed may be a blessing only if you know exactly what you are doing. A market at the tip already forming a bearish divergence and not selling to get out of the market with a stop loss above the last peak and with a mind of taking just a little risk in that case. One thing I know like some have mentioned is that, there is no way you will know what to do in a market as long as you have your pattern and stick with it, than to ever get greedy. You may not be selling at the right spot, since you obviously cannot time the market, but at least, you are still making profit.

[developer4z]

Greed is fine.Just don't be stupid! You just need to know when to be greedy and when not to be! Sometimes the best trade is no Trade. A person needs to get control over their impulses to be actually successful in trading. Be a little extra smart and learn when to take step back.

[2@abcdeeply]

greedy going to messed up our logic and make us do the reckless thing, in trading you need to follow the logic using trading indicators and the information, and need to be discipline about that, trading with greed will cause you losing money in an instant...

Greedy too we will never be able to get the desired profit, waiting and expecting at high prices, that will make you hold them for long periods of time, and suddenly prices fall sharply. , can not afford to sell coins at reasonable prices, so you will regret later.

[bitcoinerjawa]

for trading bitcoin and altcoin other should not be too greedy because if you are greedy then it is not good and surely you can get a lot of losses, better take profit just enough.

[raider150shifter]

Yes, this is really important. Always remember to be a little less greedy than the others, don't wait for the peak of the pump, sometimes it is not recommendable to trust last second decisions, plan ahead, set a buying/selling point.

[carlisle1]

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.

Well its common term in this forum saying NOT TO BE GREEDY but the truth is its hard to apply when youre on momentum,when the coins in your hand is pumping but sudden things happen when the coins drops and go dip

[Arsalan1996]

We should stay away from greed as this can not be good and in our favour, somewhere we will have troubles because of greed. Greedy person want more and more and can never accept low profits. I think that in trading business greed is most dangerous thing and we have to avoid it and make our trade balanced. This can help us to earn money without risk.

[Elai101]

This is one of the rule that might lead you into something that might make your money go high or might making your money go low. I experienced it being greedy. And it didn't resulted well. In sportsbet, I loose money because I was being too greedy.

I've experienced the same thing with you and i regret it so much, but I can't blame myself by being greedy sometimes because I am hopping for a higher profit. Loosing money is part of the game but I wish not to happen it again.

[market field]

This is very true. For this market you should not be greedy when investing in. You should know stop at the right time, although little profit but this will not make you lose money.

[Regenmacher]

I have a rule, to cash out big part of profits when it hits +50%. I haven't seen such prpfits for a while, so I hold till I reach to them.

[Phantomberry]

Yes it is trading life is just like choosing your decision if you want to have profit or not is just stress for me in everyday life of doing trading a cryptocurrency. My lesson i have don't to much ride on hype.

[arief89]

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.

very true if in a greedy trading it will certainly be a loss so in trading must be patient and play in a safe because the world of trading is very cruel wrong prediction a little it will suffer losses especially if greedy have certainly will be the loser.

[pinkpanther03]

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.

Being greed is not actually a good habit while doing trade in the exchange platform. But most of the traders became like this type of people,

because of desiring to earn big at once they didn't noticed that greediness is little by little controlling their mindset, which is not good anyway.

Therefore, as much as you can fight on this behavior, well fight for so in the end you won't lose a huge amount of money where you can regret it in

the end.

[JL421]

Why not trading is normally a really long process , a trader needs to wait for a really long time sometimes, you even get a loss but you still wait so being greedy when you finally get a profit is far right?

Ok i don't really mean that you should just keep waiting for price to go high and high and finally never sell , what you can do instead is set stop loss and keep increasing it as price rises or keep selling some of the coins little by little as price increases

[Rubick99]

I think if we have daily or monthly target is good to avoid to not be greedy. After the traders have reached their target, they be better to stop trading and start again next day. Setting your own rule and don't cross the line if want to be a good trader.

[Dudeperfect]

Exactly! Greed always kills the performance and it reduces the possibilities of Getting higher returns. One should be able to control his emotions (especially the greed) while trading, it doesn't make any sense to rely on what you expect from the market, one should always try to understand and analyse what market is expecting from the traders. It requires the high amount of experience to understand the secrets of making the profit without relying on emotions.

[James andrew]

I agree with you because very greedy future is not good their is no main target so everyone should target one and achieved it

[lelahkenabanned]

it seems to be greedy in the trading world these traders are used to and already very much are greedy because they want to get a lot of profits and more.

[giarised]

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.

Oh man, what you have done. This isn’t right. For this only, it is often advised to look into price charts and before making any solid decision about anything, you must know the actual facts and figures about that coin. Like bitcoins, if you would knew at that time that this high altitude of bitcoins are just for some time and they have to fall down, you would never have been bought at such high price.