Never Be greedy!

[BabyBoss]

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 bring you lots of loss. There are many traders experienced that. You mist have a price goal for you to not lose.

[jony35490]

Greediness is the biggest cause of loss for us. We think many times more profit while trading, because of which we face more losses. For which we can not succeed at cryoto trading. So we have to leave our greedy.

[Coinsher]

Yes, and difinitely not because it will lead us into nothing. Just use the time wisely and make better plans that can give positive output even if you only trade small amount of coins. By this, it will slowly grow until you hit the desired amount of profits. And also, always be patient here in crypto world.

[rachelia13]

You are absolutely right, in trading we really should not be greedy or we will experience defeat because of our greedy nature. In trading it is better to earn profit little by little but surely than expect to get a big profit that can't necessarily achieved, and eventually even cause we have to hold our coins, because in trading we have to consider many things, not just for earn profit only.

[blackandred]

in fact , i think short-term trading is not suitable for all people . most people choose the best long-term investment . we can judge the long-term trend of a coin .

[coinbirds]

As a trader we should focus on trading plan and  profit target  and if they were met we should be satisfied.
No sense for being greedy and regretting what could be if....
Controlling our emotions is crucial while trading.

[xvids]

Yes I think you are right in trading you also need to control yourself don't be too greedy or instead of having a profit you might just lose some money,
I have experience it before I reach to the point where I want to sell my coin to get my profit but I become greedy and wait for it to get higher then the next thing that happen is the coin's price drop down .

[Bonsaiav]

Everyone has their own advantages and disadvantages. To achieve success, of course we believe that we cannot do it alone. We can design a success, and there are others who are good at analyzing and speculating. Don't be too greedy to do it all by yourself. Be aware of your abilities and limitations. By accepting the help of others, indirectly we also create jobs for others. In addition to the limitations of ability, doing it all alone also result in the overall result is less than the maximum, even you can cripple the losses. I think this is the ethics of trading.

[bobbyjonathan]

I would really love to understand what you mean by being greedy. Naturally, I understand that greed is not good and may hinder success depending on the context. Can drive home your point or opinion about being greedy? Is it being in a hurry to sell off? Is it holding longer than necessary? What's your point ? Could it be setting sells order too high? Please enlighten me.

[goodvibes05]

It is better to play fair instead of being greedy.  In any business whether it is trading or other kinds of businesses never think of profits the whole time. Profits alone will not make you rich, greedyness will only make you lose everything instead of earning more. Share your knowledge and wisdom, share your blessings and put in mind that your profit earnings is a gift from above because of being a good person and fair to others. Yes, it's true business is business but a greedy attitude will not make you stay in business for good.

[dadabosade67]

Be greedy, man! You come to crypto to earn money and money comes with greed. Don't lie to your self. Sometimes greed is a good way to stay alive

[lol1yatme]

I'm not sure what kind of greedy definition in crypto. If I just want to get as much profit as it is also part of greed? Because I believe that there are whales who play a bigger game for their own profits, even destroying others but it seems the whales stay on top.

This definition can be of something like this, to go for extra profit and don’t see the right time to sell or buy. Actually this market is so cruel and it doesn’t allow you to wait for such long time. You might be losing best of your efforts just because of incorrect timings. So better is to teach who to make yourself ready and resonated with the time management of this market, good luck.

Yeah that is surely right thing you just said. Time management makes the things up or down. It all depends on this time cycle that must be maintained in best possible way to resist any sort of inconvenience or disturbance. Like if you have planned to get bitcoin and then trading with them to earn money. But your timings of buying and then selling isn’t satisfactory, you wouldn’t earn much.

[Tory-Tory]

I agree with the author of the topic. I lost because of greed like many other people. In the bull market, everyone is trying to catch the top in order to get the maximum profit and this is a big problem. I changed my policy and I want to say that I wish everyone to learn to be not greedy.

[fullhdpixel]

It's okay to be greedy as long as you know that the coin you bought will pump but when you just bought it for sake of buying and you got lucky it pump then I guess you better sell it right after making profit.

Let me tell you about it, as we know that all our wishes in this market is a wish of getting profit from it and nothing else. We should not enter into any market if we do not know about its work and function and making of product. You have to enter once you get knowledge of the desired market and come to handle everything which will make you survive in the market. so do not start unless you do not get knowledge.

[Siminarota]

Greed can make you go dead, and stalemate, the ability to lose money will be very high so you do not be too greedy but high expectations of the price of the coin, sell them at a reasonable price. physical.

[SaltedCrypto]

This my friend is the wisest advice ever.

Greed is always number 1 enemy for trader, listen to this advice and you may not loss again

[AlehandroTheGreat]

Yeah, agreed, I was greedy twice, and all 2 times I lost all, better to have somthing then have nothing

[StephenieDuong]

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/

[jerowacik]

It is hard to know it first but when it comes to trading, everybody becomes greedy. Only when I started trading, I discovered my greed.

[LavernB]

It is hard to know it first but when it comes to trading, everybody becomes greedy. Only when I started trading, I discovered my greed.

Haha so true. I missed so many times to sell when coins hit that upper limit but hey at least I learned something.