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Author Topic: Never Be greedy!  (Read 2392 times)
Vanshenz
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August 11, 2018, 02:19:17 AM
 #741

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.
true, many have succeeded in trading despite not following the rules, and this is a coincidence. a coincidence will not happen every time.
in doing everything we must need the rules that apply so that it works properly and properly, including in trading.
Greed is a bad trait, and we must eliminate that trait when trading, prioritizing patience and staying focused on your main goals.
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LeavingEden
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August 11, 2018, 02:36:15 AM
 #742

Too much greedy may cause you loss a lot more. Must think wisely before taking any steps. There's nothing wrong with being cautious. Know what you wanted to do and the best and the right thing to do to have no regrets after that.
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August 11, 2018, 03:20:14 AM
 #743

One of my biggest issues is not sticking with my plan and attempting to squeeze a bit extra out of the trade.  It works sometimes but most of the time I get caught.  I have been using a trading log now and write out my plan before executing the trade.  This has been a big help for me.
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August 11, 2018, 04:24:42 AM
 #744

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 your opinion. Once you have followed the coin scientifically. Being profitable and you should never be too greedy because it is easy to be pump and we can go bankrupt...
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August 11, 2018, 11:20:21 AM
 #745

I agree but partly! There are situations when people are really greedy, the Russians have even such a proverb "greed of a fraer ruined", in this proverb there is a share of truth. However, there are situations when not greed seized man, namely, HODL.
It is the human nature that they want everything some extra, and such character make them greedy. I think that some investors get noting only because they are hopping to get more and more, they never compromise on what they have or what they got. Such character always causes a big lost for them.
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August 11, 2018, 01:16:05 PM
 #746

become greedy or not depending on whether you want to get more profit or not, and in my opinion if there is an opportunity to be able to get profit then why don't you take it and worry about being greedy will make you hesitant, because I think it's not greedy but use the opportunity well

deonyx
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August 13, 2018, 08:12:35 PM
 #747

greed is the most fear factor and insecurity feeling in crypto trading we should nt hurry things to happen and feel fearful in investing and selling in loss and holding for long time as well

The more you are in the crypto trading market the more you develop your own style and eventually it could turn out to be the best for you, you can follow rules but developing your own style and trading strategy is the best way to scale through faster and with better profits and less mistakes
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August 13, 2018, 08:20:38 PM
Last edit: August 13, 2018, 08:33:24 PM by deonyx
 #748

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.
What if you were greedy at that lucky time? 😆You will then make a bigger profit. This is risky, you don’t know what you get… sometimes our mind do make the right predictions but you will never know, cause you’re afraid. Sometimes it’s good to believe in what your mind tells you. Since we already know that this is all about risk, the amount you put in does not matter, what matters is if you can be able to bear the loss if it happens. So invest how much you can afford to lose, if it does happen.
Anyone can be lucky but you can't depend on being lucky all the time, it's like gambling every chance you get. Most time the market presents its own indications that could help you make decisions but because the mind is already clouded with greed and emotions then the right decision eludes you and you give in to chances.
And the risk of being lucky is more, one you can't depend on it and you can't even teach another person because you don't know exactly what you did that worked though it worked but no chance that it would ever work again even though you will always want to try it again and again even when you lose.
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August 13, 2018, 09:10:21 PM
 #749

Yes very true,patiece is vertue so relax Smiley and trade carefully..even bear market are still but always remember time is always go round so,it's like a trading up and down,when you down just to pump;)that's it don't greed because being greedy  it's not help you.
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August 14, 2018, 03:56:51 PM
 #750

Greed is very difficult to get rid of if we cannot control emotions, I feel it when bitcoin has a fantastic price increase, but some things change when I begin to see the potential of other altcoins and start selling my bitcoin.

what was in my mind was only about profit and started to follow many ico in an instant, but what I got was a much greater loss. I am very sorry because I only think of the benefits of greed, but I still make it a valuable life experience.

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August 14, 2018, 06:01:14 PM
 #751

This is the most essential thing that trader should have. Dont be greedy. Before you trade estimate your profit 5% is enough for day trading. Don't earn one more $ than that. If you do it you may think to earn more. As well loss also coming behind you. Once you fail you will loss. Then you will have to spend more time to earn that with using more assets by putting risk.

Then mange your risk. Take the amount of risk that can hold on you. Do not trade everything that you have. Think wisely and earn more.
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August 16, 2018, 08:19:00 PM
 #752

Like what our parents told us and also in the verse of the holy bible, we should always not be greedy and always share all blessings we have because its a goods feeling that we are become successful with others.
Aion2n
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August 16, 2018, 11:05:51 PM
 #753

I fully support your point of view. I myself went through greed. It was only two times that seeing the price of a coin rising rapidly, I was expecting that it would become even higher, greed overwhelmed me. When the coin began to decline in price, I thought it was just a correction and waited eagerly. In the end, the price declined and declined until it became so low that the earnings were simply ridiculous. It's good that I had enough of two times and I learned a lesson. Now I calculate all my transactions in advance and sell coins strictly according to plan.
Cryptokarl
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August 17, 2018, 06:51:43 PM
 #754

Being greedy is one of the worst things that could happen to your trading career. You need to have a laid down strategy to follow and try to be within that strategy so that you can be consistent in trading
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August 17, 2018, 07:49:34 PM
 #755

We always need to have a settlement when it comes to decision so that we would not regret a thing that we choose to make and to do. Planing and following the plan is always the key to avoid greediness and loss at the end.

 
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mudasarali43
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August 17, 2018, 10:23:28 PM
 #756

Yes, good thing you have shared, When you are doing trading of any coin then don't make the thoughts more greedy and just make a plan first or any strategy which you must follow and sell coins according to this strategy don't wait for too much and never be greedy.
Bugsy22
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August 17, 2018, 11:05:47 PM
 #757

...While trading never be greedy....

Talking is different than doing, you know. I mean, people who are into trading are usually and naturally a little greedy, at least. So, it's not that easy to resist that feeling. I wish we all could be that strong... Wink
JohnWick_Bitcoin
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August 18, 2018, 03:27:33 AM
 #758

We always need to have a settlement when it comes to decision so that we would not regret a thing that we choose to make and to do. Planing and following the plan is always the key to avoid greediness and loss at the end.

There is always a time when you should take advantage of the market like right now, the price is very low and it is ok to be greedy investing a huge amount.
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August 18, 2018, 04:54:03 AM
 #759

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 indeed greed is a bad thing, I agree with your opinion, if we want success greed it must be removed because in philosophy even greed brings disaster risk that will be received, therefore we as traders must be wise and use the logic of regulation must be understood so that the benefits of our investment are also obtained logically
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