Do Not be Greedy

[syamster]

Yes it’s true that we need to control our greediness while trading. But sometimes it’s quite difficult for us to control our greediness at the moment of trading. That's why we cant get profits. So we need to be more careful and need to control our greediness.

Without controling geerdy no one should invest on crypto, take part on gambling or any trading (crypto or forex or local stock market) or anything else. No one should do anything for his/her greedy.

Greed is curse ad we should not be greedy, because it can eat all our patience and our profit, those who buy some coins but then want to be rich faster are actually not going on the right track, everyone should wait for the right time so everything will be normal so let’s wait with patience and let our money grow according to market movement.

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[Bezobraznike]

   It is in human's nature to be greedy and we have nothing to do with that.
if we count ourselves as not greedy about cryptos then we show this side of the character in another area of our life.
   Every time when I act greedy I loose. That's like the law already. I am agree, only patient and rational behavior on the crypto market brings profit and success.

[EXtremeAEX]

In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement.

Yeah if you want you can invest the small amount but you will have to wait longer for the growth, if you are aware of the market totally about price changes you can invest higher amount, but never be greedy to have quick profit, have patience and let your money grow for you according to the moved of market, take every step with care.

The amount on which a person wants to crank a deal is individual. For one person a small amount is $ 100, for another $ 10,000.
And of course my post applies to those traders who understand what they are doing. After all, there are many good traders on the market, but emotions often interfere with them.
For those who don't know how to open trades well, I would advise to study more information on trading. But this topic is for another discussion.

[PuertoLibre]

   It is in human's nature to be greedy and we have nothing to do with that.
if we count ourselves as not greedy about cryptos then we show this side of the character in another area of our life.
   Every time when I act greedy I loose. That's like the law already. I am agree, only patient and rational behavior on the crypto market brings profit and success.

Other financial markets have no such reward pool like crypto trading. After dot.com bubble prices collapsed hard and old guys learned their mistakes. Now the same similarities happen here and small penny stock groups. Market makers know how to encourage the trader's emotions and we all fall to this trap, unfortunately.

[kodtycoon]

   It is in human's nature to be greedy and we have nothing to do with that.
if we count ourselves as not greedy about cryptos then we show this side of the character in another area of our life.
   Every time when I act greedy I loose. That's like the law already. I am agree, only patient and rational behavior on the crypto market brings profit and success.

yes greedy has indeed become human nature, but it will disappear if you do not familiarize yourself to always be controlled by greed, by having control over greed then you can be more patient and can make good decisions to get every profit that will be a goal end

[bonker]

If you had a greed making the money it will definitely take you to the bad position in sometimes so wish is always important for everyone but don't be greedy about only making the money for your future for something.

[moon sorcerers]

If you had a greed making the money it will definitely take you to the bad position in sometimes so wish is always important for everyone but don't be greedy about only making the money for your future for something.

there must be a mandatory plan to determine the things that tend to be detrimental, human nature is almost all the same. but sometimes every trader suddenly forgets because the market situation is indeed good. greed suddenly closes everything, but I'm sure they will learn from experience which is actually strong enough to determine psychological boundaries.

[Astvile]

Actually you can sell what ever percentage you see as long as you have profits from it.Aiming for very big multiplier si risky you are just like rolling your money on dice casino without an assurance to win.Dont be greedy to wait for 100% gain before you sell,sell if you have profit

[canman]

In general, most traders are greedy they want to earn more and more, so to fulfill this they frequently make mistakes and suffer losses. If they are content with a small profits then the situation could be different.

Trading is always very risky and the loss is inevitable in this bear market. Perhaps anyone is greedy and when the market shows signs of increase they will continue to keep until they reach the price they never thought of. I think this is a very wrong thought because if we do not sell, there will be no certainty in the investment

[marketone]

If you had a greed making the money it will definitely take you to the bad position in sometimes so wish is always important for everyone but don't be greedy about only making the money for your future for something.

Exactly, we should always learn the things from our mistakes, you will make money only when you have skills to implement them and for helping others. Some times greedy will makes you to lose more money and I experienced. So always try to help the other with the knowledge you have.

[Aivaryamal]

It's hard to be not greedy when the digital market and some cryptocurrencies give an increase of 40-50% per month, but still it's a great advice to take profit and feel the money in life, not only to look at these figures)

[AjithBtc]

Actually you can sell what ever percentage you see as long as you have profits from it.Aiming for very big multiplier si risky you are just like rolling your money on dice casino without an assurance to win.Dont be greedy to wait for 100% gain before you sell,sell if you have profit

In one way it is like rolling a dice without any assurance of the winning, with trading when we're holding an asset that has reached a big price in the past and now if it is found low what needs to be done. In this case if we're holding with the expectation of selling with its top price it doesn't mean to be greed. It is on hope that the price recovery will take place some day.

[mirakal]

It's hard to be not greedy when the digital market and some cryptocurrencies give an increase of 40-50% per month, but still it's a great advice to take profit and feel the money in life, not only to look at these figures)

It does not happen in a monthly basis, it's just timely that the bull run has penetrated the market so the price is rising heavily.
Do sell at the time when you make profit, be contented and maybe keep a little for a longer run.
If we will have an increase of like 300 to 400% in a month, I believe correction will happen, big price increase might lead to big price correction afterwards.

[consideritdone]

at current stage i am taking profits!
https://www.coingecko.com/en/coins/bitcoin

[Bezobraznike]

Other financial markets have no such reward pool like crypto trading. After dot.com bubble prices collapsed hard and old guys learned their mistakes. Now the same similarities happen here and small penny stock groups. Market makers know how to encourage the trader's emotions and we all fall to this trap, unfortunately.

   Let's be honest, all people who join crypto currencies do it for making profit. Each wish to buy a coin per 1$ and wake up tomorrow and see that the coin cost 1000$. That's almost everyone's dream, as a trader as an investor.
Maybe it is not even so bad, because of such targets attract more and more people on the market and this fact promotes crypto and makes the prices to raise. Don't you agree?

[LUCKMCFLY]

In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

There is a way to get it, if you have an Exchange that allows you to put Stop Loss and Take Profit at the same time, you can place the percentage you want to win and that's it.

Now if the trader is greedy is a harmful feature, because you will always want to win more and more, and a failure will make you completely lose the horizon, many traders that happens, and their disappointment is so great that they do not make more trading.

It's amazing how to see trading with greed and have in mind get rich quick can make many mistakes, one way to avoid this is to take profit and divide the outputs, that is, take 40% at a level of price, another 30% at another price level and another final 30% if it reaches another price level, this is to lengthen the profits, just like Jesse Livermore did.

[HatakeKakashi]

Meaning of greedy is too much profit that you are wants without chance to happen. Depends to the person what percent increase they sell their coin because It's not bad for you to expect high profit as long as it is a possible to reach. Greediness will turn to you losing your money because if you set very high profit and the coin can achieve that so it will become greedy.

[Astvile]

   It is in human's nature to be greedy and we have nothing to do with that.
if we count ourselves as not greedy about cryptos then we show this side of the character in another area of our life.
   Every time when I act greedy I loose. That's like the law already. I am agree, only patient and rational behavior on the crypto market brings profit and success.

Its in our nature yes but we have control over it since it is inside us,learning how to control yourself onto something will be a really good thing if youre going to be a trader.Control yourself and aim at just a right place withuot greed in mind you can be rich slowly take it easy as they say

[Osarman]

It's hard to be not greedy when the digital market and some cryptocurrencies give an increase of 40-50% per month, but still it's a great advice to take profit and feel the money in life, not only to look at these figures)

If you have coins in large amount you can surely sell few of them in order to get profit if you are really in profit. If your coins are few then you should wait because the price can cross the 10k dollar figure anytime soon. So, the advice for your is wait for few more days due to high possibility of further price increase and you can to collect the 2x profit so better all the traders should not get greedy to sell early.

[Experia]

greediness is the most common mistake people did when doing something that comes to earning they were not satisfied on what the income they can earn because as long as they can see that they were able earn they keep going to the strategy that they already did, this is most common scenario for the traders and for the holders.