Never Be greedy!

[katiecbell]

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.

Lol, all I know is– whether you’re greedy or not, just invest at the right time. The time you invested is what tells, well you’re right we shouldn’t be greedy in this kind of business, though I wouldn’t put it that way– just don’t invest more than you can afford to lose cause this is a very risky business and you can lose money at anytime. So always do the right thing at the right time. Whenever I’m investing I’m always ready to lose it or win profit, it’s all about luck.

[recklessMe]

Agree. It also isn’t wise to invest more than you can afford yourself to loose.

[Katfilka]

Yes greed is the number one cause of losing money, not only in commerce but also in everything, greed will disrupt our logic and make us do reckless things, in trade you must follow the logic of using indicators of trade and information. do not really think broad and far enough for you to reach a higher price for you to hold!

[doycku]

Yes greed is the number one cause of losing money, not only in commerce but also in everything, greed will disrupt our logic and make us do reckless things, in trade you must follow the logic of using indicators of trade and information. do not really think broad and far enough for you to reach a higher price for you to hold!

Generally I can understand very vaguely, Why it is a question of greed, when a trader performs his work on the stock exchange. In any case, this is not entertainment, although passion is present when you get a good profit. In any case, each of us is trying to earn good money and there is a very inappropriate word greed.

[Vimukkthi Vithanage]

100% true .   "Never Be greedy! " I have lot of negative experiences where I learnt this words !!!!

[aditasetia123]

100% true .   "Never Be greedy! " I have lot of negative experiences where I learnt this words !!!!

greedy will make our trading a loss. from what we should be able to profit, but because our greed it become  loss.even if we get a little profit, but as long as it can be consistent it is better for us.

[incomefromcoins]

Greed is the killing factor in cryptocurrency industry we shouldn't feel greed at any point in time at the time of market pumping and at the time of dumping balance stage is important for success in cryptocurrency

[adaseb]

Well its human nature and that is how the markets work. Its not only in the stock market, it happens in Crypto, Real Estate, every market pretty much.

Basically when something like BTC goes to $10K, then $11K, then $12K, then breaks $19K, would you sell? No mostly due to greed. Hence why it never reached $20K psychological number.

Same goes when BTC goes down. Basically people felt comfortable buying BTC at $15K but when it reached $6K they said it was too much and didn't want to risk it. And others who bought at $15K they became fearful for future loses and they ended up selling a huge loss after a few months.

Same thing happened with Facebook in the past couple of months due to their privacy leak. The stock crashed, people assumed it would get bankrupt but in the end it hit a new ATH a few months after.

Its all greed and manipulation and fear.

[tesla80]

ihihihih so many mistakes due to greed and lack of patience mostly!

I try to build a system checklist to follow and avoid to do these silly mistakes that costed me so much money!

anybody has a great strategy to share?

Hey you can share yours, then expect other's Do you have a strategy or system to avoid greed?

[crypto_nd]

this is one of the thing that get people scammed, many just want to earn fast and they were played and lost a lot just because they want to rip hugely with minimal effort and knowledge.   

[Ziskinberg]

this is one of the thing that get people scammed, many just want to earn fast and they were played and lost a lot just because they want to rip hugely with minimal effort and knowledge.   

Because crypto is known for a lucrative investment  but they failed to understand that it needs timing because not all the time the price will rise.
Last year was a major success and I don't know when we will experience the same bull run again.

[LavernB]

this is one of the thing that get people scammed, many just want to earn fast and they were played and lost a lot just because they want to rip hugely with minimal effort and knowledge.   

Because crypto is known for a lucrative investment  but they failed to understand that it needs timing because not all the time the price will rise.
Last year was a major success and I don't know when we will experience the same bull run again.

I was thinking the same thing. Everyone that lost money and quit say the same thing, they were scammed and in reality the majority just didn't know enough about the market and got all in at the wrong time.

[ELEL_ELEL]

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.

Yes never be greedy because it might bring you to a huge lose of your life. Be content on what you have as long as you are earning that's enough for me. During this period that its so difficult to recover and most bounties now are lose because of very low value of coins so l can't have payments because it's useless for having no value.

[TontomHit]

I realized sometimes in myself as well, that when prices are going up, it is hard to get out, because of the feeling, what if it even go upper. Typical FOMO in the crypto market.

[zack29]

Yes, I think the winner and loser in this market is merely who has less greed. Human greed is always scary. It can engulf anything, and it can be repeated many times. If you want to be a good trader and a winner in the crypto market, you must always remind yourself of greed.

[allthingsluxury]

Greed will result in disappointment always. Be smart and trade carefully.

[Coral27]

It's difficult actually for a person like me who is aiming at least BTC1 so  others can't blame us for being greedy sometimes. I'm only getting 100k satoshis on my trades and it happens after a few months. I need to be greedy for a while so I can live my dream.

Agree with you here we should control our greed and desire of being rich faster, nothing happens with days, we will have to struggle for it, especially in case of investing our money it is really not good to trust anyone, just hold a while, think twice, make discussion with family or some expert traders and investors, them take any decision, considering yourself perfect in trading is a foolish decision so never be to greedy just take your time and think before you take any step ahead.

[ecnalubma]

Yeah greed its every investors and traders enemy even in gambling its not a good characteristic but it has  a positive side. Sometimes you get greedy because you are looking for long term profit and that is not bad. Every investors set goals and greed is typically normal.

[carol15171821]

thats true..being greedy is too much when you make trading. In my own opinion having profit is enough for me as long as I have profit.

[Morgann]

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.

There is no greedy in trading, everyone should invest a huge amount if the market price is dropping, the only problem is when the market is dumping the coins but you are still selling because you cant handle the pressure.