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Author Topic: Do Not be Greedy  (Read 5079 times)
dvdrewritable
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November 19, 2018, 02:07:23 PM
 #361

Greed brings disasters whatever we do for earning money or something else we should be free from greed. But easier said than done it is very tough to control himself when we are rushing for money but nothing is impossible. So in a crypto world investor needs to be satisfied with little profits and should keep them in the patient.

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November 19, 2018, 03:21:01 PM
 #362

It is the greed of becoming rich that we are in crypto market to earn higher profit ,to remain away from difficult and against the humane nature of progressive thinking , So in my opinion we should have balanced approach.

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November 19, 2018, 06:38:59 PM
 #363

Many are into cryptocurrency to become rich quickly some want to sell their coins only when the price doubles or even triples many wants to make huge profit at once which is usually not possible.The best thing is sell to get profits even if it is not that much,i have seen a lot of people who refuse to sell their altcoins at a balanced price and now many of these altcoins have lost their value so it is better not to be to greedy in crypto.

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prashanta
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November 19, 2018, 08:14:56 PM
 #364

the general public make comparable mistakes again and again because they may sit up for developing the fee of increase, because of the fact that due to sure elements, the rate decreases, so do not use as proper as feasible as viable. so do no longer be grasping at all.
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November 20, 2018, 02:01:41 AM
 #365

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
right. This market gathers a lot of terrorists and so the new market has a huge capitalization. It is not just the contribution of investors, most of the capitalization is used to manipulate the market. So make a realistic investment plan and do it exactly as planned, do not let the guilt lead.

And i don't think we're going to see much of that 95% rise in price anymore. Not as much as the previous years. 20% would even be an ambitious amount by the current standards. I guess it would be safer to go for 5 to 10 percent especially if you're actively trading.
even for current market conditions, I will not hold too long when prices rise, maybe when the price rises more than 5%-10% I will sell it. because when bearish occurs a price increase will rarely occur, so greedy will only make you lose when this condition, take advantage of the price increase as possible..
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November 20, 2018, 03:04:22 AM
 #366

the general public make comparable mistakes again and again because they may sit up for developing the fee of increase, because of the fact that due to sure elements, the rate decreases, so do not use as proper as feasible as viable. so do no longer be grasping at all.
those who have detained since 2017 and are waiting for a higher price, of course, will feel a loss today. well, even though it can't be greedy, it depends on each goal. well, basically holding for a longer period of time without seeing profits will cause losses.

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CryptoPowerL
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November 20, 2018, 03:05:01 AM
 #367

Only 20%? For the sake of such small interests, I would not even risk it. I buy altcoins for the long term, and for me 20% is very small. If a person buys for a short time, then for him 20% will be enough
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November 20, 2018, 03:18:53 AM
 #368

The crypto market is still too young to be sure of something. It is easy to change and easy to manipulate, so I think we should be careful before it's too late. Greed can devour you. What I do is try to accumulate the same market that is not too important to profit in the moment!
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November 20, 2018, 04:23:20 AM
 #369

Your opinion is right, sometimes many people are greedy and eventually fall into their own hands. Little by little the profits collected will become hills.
Being greedy is always there but we must also limit ourselves from being greedy, and we cannot control the mind of people nowadays especially today here in our country we have a very expensive expenses todays which is many people needs to make additional income for their to survive. So, we can't avoid being greedy especially if we really badly needed it.
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November 20, 2018, 05:45:30 AM
 #370

the general public make comparable mistakes again and again because they may sit up for developing the fee of increase, because of the fact that due to sure elements, the rate decreases, so do not use as proper as feasible as viable. so do no longer be grasping at all.
those who have detained since 2017 and are waiting for a higher price, of course, will feel a loss today. well, even though it can't be greedy, it depends on each goal. well, basically holding for a longer period of time without seeing profits will cause losses.
but with greed it can make our investment or our trade not work well, so if my advice is never greedy for what we want to get a big profit or a very big result
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November 20, 2018, 06:08:17 AM
 #371

the general public make comparable mistakes again and again because they may sit up for developing the fee of increase, because of the fact that due to sure elements, the rate decreases, so do not use as proper as feasible as viable. so do no longer be grasping at all.
those who have detained since 2017 and are waiting for a higher price, of course, will feel a loss today. well, even though it can't be greedy, it depends on each goal. well, basically holding for a longer period of time without seeing profits will cause losses.
but with greed it can make our investment or our trade not work well, so if my advice is never greedy for what we want to get a big profit or a very big result
Correct, many investors did a mistake and that is they are greedy sometimes that is why their investment was sacrifice and they encounter losses, but sometimes it is good to be greedy but that time is your lucky day if you gain an income, overall much better to be more careful before putting your money in one investment.

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November 20, 2018, 06:25:02 AM
 #372

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 have a point, waiting for the uncertain can actually make you lose your best chance, and if you want profit then just adjust the minimum profit you have thought, not the percentage but we have to look more at how crypto moves, and if your analysis says that the maximum goes up there is 50% and your minimum profit is 10% so it would be better if you take 10% but that depends on your analysis and choosing your own decision.

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yvesp110
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November 23, 2018, 07:28:20 PM
 #373

That's the safest strategy in trading. And it has substantial advantages, no doubt. It gives you a nice oppirtunity to get a small constant profit day by day. But most crypto investors crave for something huge Cool
Being greedy does not mean one should not invest or he should not buy coins to store, I think in this practical age all of us should be greedy to save the future of our family, the only greed which can spoil your profit is selling early to get your money and use it, greed is curse but I think making investment calls being responsible so calling an investor as greedy does not make any sense.
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November 23, 2018, 08:03:44 PM
 #374

That's the safest strategy in trading. And it has substantial advantages, no doubt. It gives you a nice oppirtunity to get a small constant profit day by day. But most crypto investors crave for something huge Cool
Being greedy does not mean one should not invest or he should not buy coins to store, I think in this practical age all of us should be greedy to save the future of our family, the only greed which can spoil your profit is selling early to get your money and use it, greed is curse but I think making investment calls being responsible so calling an investor as greedy does not make any sense.

Yes but when you have a coin that made a +30% on a day, what are you gonna do? Keep holding it or sell?

Of course that if you sell, that coin is gonna drop later, and will probably lose a 10 - 20 percent, that is the time when you go there and you try to re-buy to make a profit.

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November 23, 2018, 08:15:41 PM
 #375

It's human nature to be greedy. The only thing that makes the difference is when you learn how to control your greed. When you let greed consume your it will most often than not harm you. Better be on the safe side.
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November 24, 2018, 04:01:36 AM
 #376

It's easy to say that don't be greedy but it's actually very hard to control yourself from greediness. There are very few people that can control themself and avoid their loss. Most of people will get greedy by trading in crypto because it's very volatile and it can make anyone millionaire in very short time.

When it comes to money, everyone is greedy, money makes people lose their mind, not control themselves, the virtual currency sometimes down, should suppress themselves to think more. what
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November 24, 2018, 06:18:11 AM
 #377

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
right. This market gathers a lot of terrorists and so the new market has a huge capitalization. It is not just the contribution of investors, most of the capitalization is used to manipulate the market. So make a realistic investment plan and do it exactly as planned, do not let the guilt lead.

And i don't think we're going to see much of that 95% rise in price anymore. Not as much as the previous years. 20% would even be an ambitious amount by the current standards. I guess it would be safer to go for 5 to 10 percent especially if you're actively trading.
It always happens. These markets are politicized as well. They are used for different personal interests and for that, these people often plan some propagandas as well to manipulate market accordingly.

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November 30, 2018, 09:57:46 PM
 #378

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
Hello! Thanks for the helpful advice. I totally agree with you. No need to be greedy. I myself have repeatedly made such a mistake. Good luck!
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November 30, 2018, 11:32:48 PM
 #379

The market so far are much down, then even the situation is like that still greedy person are aiming to get profit here no matter what it takes too. Then most often those greedy people here are newbies where they are always in a hurry and they never know who to listen to the matured community here too.
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November 30, 2018, 11:42:08 PM
 #380

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
Taking 20% profit it seems that still too big and can be say is greedy, so I prefer to take 2-5% profit per day but consistent
Even though it only gets a little profit but if done regularly it will bring passive income
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