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Author Topic: Never Be greedy!  (Read 2687 times)
richcorner100
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June 27, 2018, 02:19:34 AM
 #381

Iam totally agree with this, because this is my experienced in crypto trading, i been loss because greedy and did not lock the profit. I dont why is hard for me to manage this emotion, and i think many trader same like me, because greedy is human nature that difficult to control it.

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laravuemaster
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June 27, 2018, 03:02:39 AM
 #382

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.

The rules in trading is buy when the market prices are currently dumping and sell when it is pumping up again, the only problem is when the investor feels a lot of pressure due to his coins is currently melting and in this way he might sell his coins at the lowest price which will make the coins in the market to dump even more.

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June 27, 2018, 07:54:05 AM
 #383

I think I'm not greedy but I'll just take a chance if I can get a profit and that is my goal to be able to get profit as long as I can still get it and if there is a pace for it then I will take it
Yeah, do not place all your wealth here because you have to manage everything. Without management or miss management you will loss all your wealth at once if you place all your wealth here. If you are an experience trader then you can do with big amount because you will handle it on appropriate way. So never be greedy while trading or investment and especially in more valuable currencies.
It is up to the basic knowledge of traders; if they are good by knowledge then they will not hesitate to trade with huge amount while those who are with less knowledge will feel difficulties in every step of trading. For those people who are not good by knowledge can not survive in any market and when they just think to make profit by just buying a lot of coins but actually it is not up to more collection but up to your knowledge.

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June 27, 2018, 04:06:19 PM
 #384

It is up to the basic knowledge of traders; if they are good by knowledge then they will not hesitate to trade with huge amount while those who are with less knowledge will feel difficulties in every step of trading. For those people who are not good by knowledge can not survive in any market and when they just think to make profit by just buying a lot of coins but actually it is not up to more collection but up to your knowledge.

Truth is somewhere in the middle.
Accumulating large amount of good coins can be more profitable in the long run than investing in BTC or day trading. Knowledge to assess and decide in which coin to invest is the key.
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June 27, 2018, 04:49:03 PM
 #385

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.
have a lot of problem because of greedy when i'm trading  Grin after profit i always still trade and never happy with it. but don't know greedy, people can't always resist than when it is come
Being greedy is common with each and every user. Even when one is greedy, if the user has got good luck he'll be earning the best through it. Majority of the time rather than greed, the mistakes of the user in analyzing the market is the one that leads to loss.
Although, mistake of analyzing the market does lead to trader or investor lost but youre wrong when been greedy has nothing to do with crypto currency trader or investor lost if lucky is on his/her side. Have you forgotten that price manipulation can happen anytime which could cause suddenly pump in price of the market as we experienced this year.
Buying low and selling high is the most common strategy traders apply. But only few traders actually understand how greed drive the markets. It can cause movements in market prices but it does not always imply negative emotions. A certain amount of greed is good because it's needed to gain the attention of speculators to trade in the first place. The negative side is that it causes traders to chase the market. Using a proven trading system will reduce any fear or greed when entering trades.
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June 27, 2018, 06:53:23 PM
 #386

Placing a target can help us avoid greed. Sell as soon as we reach our target. There is a good example of the previous price fluctuations when ethereum reached about $ 1400. Some of my friends continue to hold the ethereum and expect prices to go up but they have no targets at all. Currently they are crying because they have lost a good chance to make a profit.
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June 27, 2018, 07:05:37 PM
 #387

to not be greedy you have to set a list of your target and make the less automatic then withdraw , if you keep your balance in the market you will increase your greedy , this is my rule
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June 27, 2018, 08:05:12 PM
 #388

Not just in trading but greed is worse in every matter, it can led you to failure, that's why "Greed is a curse".

BTW while in trading the time span to take decision is short so you need to be really efficient to take decisions on time. Greed can change your mind on taking decisions and can create delays in your actions.
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June 28, 2018, 04:17:49 AM
 #389

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.

The rule in trading is very simple, you can always invest while the market price are dumping and sell it again if it goes back to normal, the problem will only occur if most of the traders will still sell their coins even if the market price is decreasing due to panicking.

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June 28, 2018, 06:11:22 AM
 #390

Its ironic that our greed put us all here in this kind of market. Our greed for a lot of money are the reason why we want to invest into crypto to get our own lambos someday. So for me we are already greedy from the start but we just need to put limitations on it or control it.
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June 28, 2018, 06:17:45 AM
 #391

to not be greedy you have to set a list of your target and make the less automatic then withdraw , if you keep your balance in the market you will increase your greedy , this is my rule

Being greedy is our nature as we all experience to be greedy because we want more than what we have but it comes with this we see how we loss something instead we already have profit. The thing is when we see our coins pump we hesitate to sell it as we hope for more increase but things turn out the other way. And that's how greediness attacks us. And now, we mock our losses for not selling. Truly, trading is unpredictable job.

I use this provider to trade Cryptos : Bitcoin Revolution
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June 28, 2018, 07:08:53 AM
 #392

Greed is not a virtue but vice not only in trading but in every other aspect of life. Greed in trading leads to more loss and also overtrading. Greed though an emotion of human but need to be curtailed if you want to succeed as a trader.
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June 28, 2018, 07:12:46 AM
 #393

Not just in trading but greed is worse in every matter, it can led you to failure, that's why "Greed is a curse".

BTW while in trading the time span to take decision is short so you need to be really efficient to take decisions on time. Greed can change your mind on taking decisions and can create delays in your actions.
Yes you're right even in gambling greed is not advisable thats our big mistake we are aiming so high in trading it can lead us to loss.

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June 28, 2018, 07:22:53 AM
 #394

This is very true, you need to be able to stop on time. Because many people are always few. And even when they see that they already have 3 times more than before, they still do not have enough and eventually they lose everything.
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June 28, 2018, 08:26:08 AM
 #395

That is true, but sometimes it is just very difficult to get out in the right time. It is the human nature, that we always want more, even after hitting the jackpot.

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June 28, 2018, 08:31:01 AM
 #396

yes you really should not be greedy because when you are greedy surely you will only get the loss because it will be exposed to the game some investors who have a very large trading capital or often said as a whale.
Humans never get succeeded whenever they are on greedy track. They must be losing that one to get into a thing that could be able to make them successful person. Greed is alike that barrier which doesn’t allow the car to pass through the road. So better is to kill this enigma of greed from yourself and be pure so that you can be earning good money and enough for your needs.
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June 28, 2018, 08:35:00 AM
 #397

Greed is the bane of day trading. Traders lose money altogether when they try to take more profit in a day than is actually above average. A smart day trader will be contented with just 1-3 percent profit daily are able to do that on a more frequent basis than those who do higher in a day and are hardly able to replicate it
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June 28, 2018, 08:37:14 AM
 #398

In some cases, greed can help, for example, with the appreciation of coins over time.

Poverty wants some things, luxury many, avarice all things.
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June 28, 2018, 08:38:00 AM
 #399

Human factors or emotional will always  play a part, that us why some persons believe the artificial intelligence or bots are the better option. I do not think that is ethical or effective at the moment.
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June 28, 2018, 10:04:40 AM
 #400

Some people who are greedy make decisions without understanding. Which sometimes make them fall into huge losses. Trading markets always have ups and downs. People have to keep patience and make their decisions wisely and smartly. That's why an investor never should be too much greedy that he loses the sense of the marketing strategy. We all know that Grasp all lose all.
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