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Author Topic: Never Be greedy!  (Read 2685 times)
mahvia
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June 06, 2018, 07:34:17 AM
 #221

First.. define greed. I bet some think that anyone who invests in crypto is greedy Smiley
But i guess the motivation behind it, why we do it decides how greedy we are. If you have lot of trust in some project and maybe even know the people behind it, put a lot of BTC to support and the project still fails.. you think its greed?
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June 06, 2018, 07:46:58 AM
 #222

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 can make you lose your money, I've done this before i earned alot and turns into greediness and in the end i lost Angry But for me it's just a lesson and i'm just starting in my trading journey and i hope i become successful soon, I release my greed in my mind and i'm contented on every low profits don't think about wasting of another profit if you already get a good profit just think average.
Do not invest with huge amount in if you are a new comer because you need to get the experience in this market and you need to polish yourself with different conditions in different times. After understanding the conduct and the reputing strategies in the market you may put your huge amount here in order to invest but should be in a low market. Conversely you may face with huge loss and all your wealth will vanish.
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June 06, 2018, 08:08:22 AM
 #223

Yes, of course. My rules are:
1. Find positive projects then do bounty campains.
2. If there is not bounty campains, invest ETH or BTC because they are the leader coins.
3. 10% of my total money can invest to altcoin to maintain my sensitivity of the market.
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June 06, 2018, 08:13:46 AM
 #224

If the person is very greedy - I would say that he or she has a way more chances to loose money in process of pursuing income

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June 06, 2018, 08:53:51 AM
 #225

I accidentally perceive this even more after I get a profit from crypto, there are some things that can not be explained by logic but as long as I set budget allocation with discipline there will never be a more frontal rebellion against a more greedy direction. there are more earnings calculations that are more than expected and oftentimes this becomes the thing to look for bigger profits and eventually become a loss.
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June 06, 2018, 09:35:10 AM
 #226

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 Smiley 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.
Do not trade with very large amount or do not invest too because this may lead you towards huge if you are not handling it and doing it wrong so the result is also is not in favor and you will pay this loss. Do trade with normal amount and hold the coins for a little long term till the price increases. Moreover, trading is independent on the amount of trading but more on the handling with perfect decisions.
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June 06, 2018, 10:16:14 AM
 #227

greed seems to be a trait that is always inherent in humans because I see a lot of people who become greedy when knowing bitcoin and cryptocurrency, they try to get a lot of profit from bitcoin, they always feel dissatisfied.

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June 06, 2018, 04:04:26 PM
 #228

Yes, this is true Never be greedy. Expecting High profits is good but it might lead to a loss as well. If we are greed, need to take high risk. If we putin all the money in one coin, we may not know that the price inclines or declines continuously. The best thing we can do is, understanding about the coin we are investing in, complete the research ourselves without proceeding because of someone’s suggestion, and do not invest the whole amount in one coin.

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June 06, 2018, 05:10:47 PM
 #229

FOMO is the most common reason of big losses. To avoid it, trader must have a clear aims for taking profit, and for the stop losses too. It`s better to save, than earn.
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June 06, 2018, 05:23:10 PM
 #230

yes it should be that traders do not have to be greedy because when you're greedy you seem to be doing bad things, you better take advantage of not too much and not too little and give a chance to profit for others too, do not be too greedy, it's not good.
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June 06, 2018, 05:28:31 PM
 #231

Greediness is the major reason why many traders lose money during trading. Trading is a game for professionals and if you do very well to remove greed and panic from your trading decision there is no way you will not make it.  We have many investors that make money from cryptocurrencies investments by investing wise and others that has lose money by greediness.
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June 06, 2018, 05:54:45 PM
 #232

yes it should be that traders do not have to be greedy because when you're greedy you seem to be doing bad things, you better take advantage of not too much and not too little and give a chance to profit for others too, do not be too greedy, it's not good.
very wise advice, but to be able to do it is difficult. because it is human nature. we must practice continually to overcome greed in us. when we are able to control ourselves, i think trading for your life
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June 06, 2018, 07:13:56 PM
 #233

Yes, this is true Never be greedy. Expecting High profits is good but it might lead to a loss as well. If we are greed, need to take high risk. If we putin all the money in one coin, we may not know that the price inclines or declines continuously. The best thing we can do is, understanding about the coin we are investing in, complete the research ourselves without proceeding because of someone’s suggestion, and do not invest the whole amount in one coin.
Many have put too high expectations on the price of the penny they are holding. They are not happy and do not accept selling atlcoin at any price, so they keep holding on until the price of the altcoin. Start off they hurry to sell out. and then their regret for a long time. Its worth it so live and work at a moderate level of expectation.
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June 06, 2018, 07:21:18 PM
 #234

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 with you in trading we should not be greedy and be a note I think is doing research on the coins that want in trading right and at least we have the science Technical analysis,
Yes, just be determined and have the will not be greedy, these two meanings are completely different, greedy too we will lose many opportunities. It may be regretted later, but always set yourself a target price and reasonable purchase price. This will be safer for you and help you better navigate the business.
chikading2016
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June 06, 2018, 07:45:00 PM
 #235

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 with you in trading we should not be greedy and be a note I think is doing research on the coins that want in trading right and at least we have the science Technical analysis,
Yes, just be determined and have the will not be greedy, these two meanings are completely different, greedy too we will lose many opportunities. It may be regretted later, but always set yourself a target price and reasonable purchase price. This will be safer for you and help you better navigate the business.
Yes I agree on that but sometimes we really need to hold for us to get the right timing of selling, holding is different from being greedy it was just an strategy that can really really give as a huge amount of profit in the near future, because if we are going to hold we can really get the right timing on the price to sell.

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June 06, 2018, 10:33:35 PM
 #236

I accidentally perceive this even more after I get a profit from crypto, there are some things that can not be explained by logic but as long as I set budget allocation with discipline there will never be a more frontal rebellion against a more greedy direction. there are more earnings calculations that are more than expected and oftentimes this becomes the thing to look for bigger profits and eventually become a loss.
No one ever won for being greedy so you are right most of people only lose than earning when they become greedy price now a day is really good so buy now at low but keep your internal greed away so a small pump you will not sell, wait for selling as much as you can and be hurry to buy as much as you can, keep your greed away from you while you are dealing with crypto currency investment so you will earn, otherwise greed is curse you lose of being greedy.
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June 06, 2018, 10:38:39 PM
 #237

Well..  Greed is essential in helping you to reach out more for profit otherwise, you would have settle with your little success.  I think striking the balance and maintaining it is what is important as far as greed goes!

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June 06, 2018, 10:44:20 PM
 #238

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.

Its true and I saw many people regret their greediness,specially for the bitcoin last december. Many expect that it will soar up to $50k without knowing what they entered and only wants big profits. In the end, it should be a lesson for them and an experience that should be treasure.

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June 08, 2018, 06:38:56 AM
 #239

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.

Its true and I saw many people regret their greediness,specially for the bitcoin last december. Many expect that it will soar up to $50k without knowing what they entered and only wants big profits. In the end, it should be a lesson for them and an experience that should be treasure.
Last year was really awesome, it give us a good price and the entire market is rising, but greediness will never give us satisfaction so in the end
we regret the decision we made. Now, that the market is so down, we should still stay optimistic that the price will rise and it will surpass the success last year but we have to learn already and stop being greedy.

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June 08, 2018, 07:12:38 AM
 #240

Well..  Greed is essential in helping you to reach out more for profit otherwise, you would have settle with your little success.  I think striking the balance and maintaining it is what is important as far as greed goes!
Do not be greedy, they will probably kill you at any time, set goals for yourself to achieve a specific goal, so it can be said that in business must have specific goals clearly , so I think we should be strong in learning who to go ahead and ask for their help.

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