Do Not be Greedy

[BlueStackz]

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

You can always be greedy depending on the market situation, the prices right now is dropping so it was the best time to invest a huge amount.

Which in other words mean to stay greedy when others are afraid. This is a wise statement in terms of availing opportunities. Since this is the initial era of cryptocurrency, it should be kept in mind that the marginal benefits will be very high in long term.

Greed in economic terminology is the name of monotonicity which is the assumption for every individual who is in the market and is taking part in either production or consumption.

[OrangeII]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again. 

greed is indeed dangerous. well, not only in trade, all things related to greed will be easily broken. well, therefore, we must be grateful to avoid the greed that always arises, and damage our strategy.

[Baggong]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again. 

Yes right, in my opinion there is nothing wrong when we expect to get big profits, precisely the biggest factor that makes bitcoin prices difficult to rise is because they are too easily panicked so they sell when they get profit 5% or less .

[deisik]

Greed (as well as a number of negative feelings) embraces us during the trade. It is difficult to struggle with this feeling. Greed periodically occurs throughout the time. Someone can fight it, but some don't. It is absolutely true that one must be able to sell in time. To achieve this goal, it is necessary to draw up a plan before commencing a bidding on the coin. Only strict compliance with the plan will help in the fight against greed and such negative emotions.

obeying the original plan is something that is absolutely necessary so that we can avoid big losses, but is it possible if the temptation comes with the assumption that a very large profit comes, we don't accept it? I think people will put aside the original plan that has been compiled for a long time because everyone will definitely think that the opportunity does not come a second time. What kind of character like that is also a form of our greed ... I feel greed has become the nature of all human beings.

Greedy people never succeed in any field of life, especially in crypto trading. When the price moves on a little bit wise traders will sell their coins for small profit but greedy traders will wait for more profit and many times they even lost the small one. In cryptocurrency business and trading there is no guarantee of the coming situation of the market. You should take advantage of any chances you have.

I have to disagree with your opinion

Obviously, you are using the term in the derogatory sense, when greed blinds your reason and mind, so you start making mistakes and lose all in the end. But that is uncontrollable greed, the one which you can't put a bridle on, can't keep it restrained, keep it on a short leash. But greed is what motivates you, and not just in crypto and crypto trading. If you were not greedy - synonymous with "stay hungry" here - you wouldn't get anything in life, either, as you would be indifferent, not interested in anything. It is what you do (or not do) with your greed (as well as fear, for that matter) that counts at the end of the day

[Catswold]

Greedy Trader or a zealous trader. How To Control a Greed In Trading ?
Greed is that the feeling that plays a vital role in trade / investment. New traders and their accounts have suffered attributable to greed. In fact, this can be however the old saying "bulls and bears build money; "The pigs area unit being slaughtered" the markets show no mercy to the greedy traders which is to mention terribly true. If you want to be a a success dealer, greed is probably the most important obstacle you'll have to triumph over. In case you attempt to get wealthy on all the exchanges, you may in all likelihood become blowing your account - slowly and frequently wins the race. this is the massive task that every one buyers face - if you want to get rich rapid, you have to do it slowly.

[Harley_Quinn]

not in all situations, long-term investments can be considered - greed. Greed is when you trade every day, and expect more profit.

[The Scorpion]

An element of greed when trading is required as incentive, it’s what drives us futures traders to take (hopefully!) well-managed risks. Rising profits might make you feel empowered and keen to take risks to keep gaining, but that’s the time to identify the greed kicking in. Listen to your stops, acknowledge your risk-reward ratio and don’t take that trade if it doesn’t feel right.Excessive greed when futures trading means stops get pushed back, targets get forgotten and your long-term plan goes out the window – all you see is shiny dollar signs.

[gabmen]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again. 

Yes right, in my opinion there is nothing wrong when we expect to get big profits, precisely the biggest factor that makes bitcoin prices difficult to rise is because they are too easily panicked so they sell when they get profit 5% or less .

Well, a small profit is way better than ending up with a loss. Newbies would find this hard to put into practice until they get a little more experienced. It's a natural human reaction to be greedy while trying to make maximum profit.

[Edraket31]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again. 

Yes right, in my opinion there is nothing wrong when we expect to get big profits, precisely the biggest factor that makes bitcoin prices difficult to rise is because they are too easily panicked so they sell when they get profit 5% or less .

Well, a small profit is way better than ending up with a loss. Newbies would find this hard to put into practice until they get a little more experienced. It's a natural human reaction to be greedy while trying to make maximum profit.

I agree with you guys, it is not being greedy but we are just aiming for a good profit and for sure we are aiming for a higher profit because we are confident enough for it and it is great to know that so for me no reason for us not to claim that a dreamer or aiming high are greedy person, greedy persons are those who are not sharing their knowledge.

[nelson4lov]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again.  

You should also know that you stand to miss out on huge gains  if you sell too soon. I know a couple of guys who sold ETH too soon after picking up some at $10–$11. Till date, they're still regretting that move. My point is, If the market conditions are good and favourable (like a bull run kinda scenario) then you just probably hold for a bit longer. But don't get too greedy and cocky about it too. At the end of the day, no strategy works at 100% every time.

[adzino]

Being a long term holder is not actually being greedy. All you are saying is that people should play safe, so they should hold short term and sell out whenever they have made any kind of profit. Unfortunately, that would cause people to actually make extremely less profit and would make the price of crypto currencies to not rise much and fall more frequently. Holding actually causes the value of the coin to grow stronger. If you do short term selling, you would be limiting yourself from further investment if the price keeps on rising.

[apalenkoff]

You can pull money in parts. If a coin price has grown by 20 percent there must be a reason and further growing is possible. You can pull 30 percent of your investments, that give a chance to continue trading and use stop-loss order on the rest of the money during a return of the price to the previous value.

[Asawakobana2017]

You can pull money in parts. If a coin price has grown by 20 percent there must be a reason and further growing is possible. You can pull 30 percent of your investments, that give a chance to continue trading and use stop-loss order on the rest of the money during a return of the price to the previous value.

Being greedy is different from a holder. The best thing to do in crypto is to hold more coin a nd wait for the very best time to sell. It is not called greedy this was just an strategy that can lead us to profit, because we are now on dip. If we are going to buy more and hold, maybe ewe can earn a lot of it in the near future during the price rise up high.

[Viscore]

You can pull money in parts. If a coin price has grown by 20 percent there must be a reason and further growing is possible. You can pull 30 percent of your investments, that give a chance to continue trading and use stop-loss order on the rest of the money during a return of the price to the previous value.

Being greedy is different from a holder. The best thing to do in crypto is to hold more coin a nd wait for the very best time to sell. It is not called greedy this was just an strategy that can lead us to profit, because we are now on dip. If we are going to buy more and hold, maybe ewe can earn a lot of it in the near future during the price rise up high.

People are hardly to be satisfied and just turn them into becoming greedy. Definitely we cant deny that. The world if full of temptations and luxurious things around which could bring us to aim of having those things. Though being a greedy individual will help but don't need to be to much as it ruin everything you have planned for.

[Bitcoinstein]

The best time to sell is when your plan is telling you to sell.
Stick to what you've researched and planned, even if you lose - learn and improve.

As you say, Do Not be Greedy !

[Patient_Zero]

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

important trade principles of the Chinese people, it is better to profit a little but smoothly than to expect big profits but sometimes fail, they always apply if they want big profits, they are better off doubling the product than raising prices and this method works until the country China dominates the world economy.

[BeGoods]

It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again. 

That's a great idea, it's better to take small profits rather than give up the opportunity to sell right? most people make the same mistake repeatedly because they are too greedy by waiting for the price to rise higher precisely what happens is the price decreases due to certain factors, so use the opportunity that comes as good as possible don't be too greedy

[satria33]

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

I think that achieving a profit of up to 95% will take a long time, so I agree with you if you have made a good profit as soon as we sell. My principle is a little but often makes a profit

[duyduc256]

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

It is very difficult to achieve 95% profit and you have to know a lot of different sources to apply this. I personally have invested and hopefully can earn 10% because this market is very risky and any investment can affect my future. The best advice is to only invest if you are sure it can increase and control greed

[hometester]

this works when the market is falling, but when it is growing-20% is the minimum that can give you one or another coin