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Author Topic: Do Not be Greedy  (Read 5103 times)
TarzanNJane
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December 22, 2018, 07:41:10 AM
 #381

Agree with the previous comment. If you can persistenly make profit do it without any doubts!
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December 22, 2018, 07:58:02 AM
 #382

the problem is that greed will definitely make us worse, because there are already a lot of greedy merchandise and in the end he loses a lot of money. so it's better to get a little profit but keep on getting profits in that way
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December 22, 2018, 09:50:55 AM
 #383

Yes, sure you are pretty much right nobody should be greedy for making too many profits. When you see you can earn some profits bg selling a coin then you don't have to wait for a huge profit which can bring you losses and trouble. So be satisfied with something don't be greedy.
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December 22, 2018, 10:34:40 AM
 #384

That is the key to successful crypto trading management, controlling your greed. You can do this when you are rooted in trading by learning the art of trading. You will have a trading plan every time you want to trade and stick to that plan. When you are such a trader you will win most of your trades and loses less because all the pitfalls for trading have been captured in your trading plan.
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December 22, 2018, 12:51:15 PM
 #385

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
Greediness is the roots of more than half of failure in crypto trading because you dont want to gain a little but instead you want more than you deserve anD for me this is suck

I trade for a short period of time.but i only aim for atleast 5-15% depend on my assessment to the capacity of crypto i am buying,but the majority that I bought only sold for 5% profit,so the risk of losing is smaller than when you aim for 40 or more percentage of profit
baobao2000
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December 22, 2018, 01:35:01 PM
 #386

Yes, I agreed with all comments here, if you want to success with trading, it is important to avoid greed. I thought that I will make big profit with holding, but last year when the price is on highest level, it was the best time to sell the coins, but I wanted more and lost the chance, so the bear market start this year, it would be long way to reach last year the high price.
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December 22, 2018, 04:00:56 PM
 #387

that kind of uncontrolled emotion can be categorized as greedy. forcing trade when difficult situations are also part of greed.
don't let emotions control your trade and your brain doesn't work well.

Pattart
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December 22, 2018, 04:06:26 PM
 #388

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
I think you should look at market conditions, 20% can be a small profit if conditions are still in an upward trend, and 1%-5% of profits
can be very large if the price conditions are still bearish, so adjust it to existing market conditions mate..
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December 22, 2018, 04:07:23 PM
 #389

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 are very right. many trades are very greedy that is the reason they run into loss always. It has happened to me before and I have learnt from the mistake. Some trades don't learn and they keep falling victim all the time.
KnightElite
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December 22, 2018, 04:30:02 PM
 #390

There are many reasons why we should not be greedy. The First one is we cannot make wise decision due to our focus to earn money. Being greedy can lead us to loss because we are not using effective strategies and techniques
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December 22, 2018, 05:02:56 PM
 #391

I know and I'm suffering from it , recently I lost 100$ just because of being greedy and 10% profit per day want enough for me , I made the same mistake twice and I'm looking for some way to stop me from being greedy and I can control myself in that time.

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December 22, 2018, 05:38:50 PM
 #392

We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.

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December 22, 2018, 06:57:10 PM
 #393

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! totally agree with you. Do not be greedy, it is better to be in a small plus, but plus. Good luck!
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December 22, 2018, 09:02:25 PM
 #394

We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
Right there is no doubt that greed is curse and we should not be greedy with the passage of time price of bitcoin use to increase but we will have to wait and just for the sake of small profit never sell you permanent investment on panic and just have patience and wait until you see the amount of investment has become more than double

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December 23, 2018, 12:40:30 AM
 #395

We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
Right there is no doubt that greed is curse and we should not be greedy with the passage of time price of bitcoin use to increase but we will have to wait and just for the sake of small profit never sell you permanent investment on panic and just have patience and wait until you see the amount of investment has become more than double
Everyone is here to make profit, but the big problem is we forget sometimes how much we really want, just last year, when bitcoin skyrocketed it was able to show us some good profit but because of greediness to always want more, we did not sell expecting it will grow even higher, but it didn't.
So we are here now waiting, waiting for the price to again be bullish so by that time we will successfully initiate our plan to sell.

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December 23, 2018, 02:01:28 AM
 #396

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
20% is still too much and I think it is very difficult to achieve, considering the current market conditions are bearish. Because I am not the type of person who is greedy, so for me whatever how much profit I earned it is not a problem, because the most important thing is to be consistent.
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December 23, 2018, 03:47:32 AM
 #397

We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
yes maybe greed can make them happy, so they do it. Greedy people are usually people who are only selfish without thinking about the risks that arise, greed is not recommended here.

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December 23, 2018, 05:17:10 AM
 #398

We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
yes maybe greed can make them happy, so they do it. Greedy people are usually people who are only selfish without thinking about the risks that arise, greed is not recommended here.
because of our greedy our profit could become loss, and our trades uncontroll.traders that still have greedy they have to learn to controll their emotion and psychology.

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December 23, 2018, 01:40:03 PM
 #399

nothing is too greedy in the current market situation, people experience more losses than profits when viewed from the percentage of their trading.
but still people trade despite this devastated market, I don't know if everyone benefits.
GrayFullbuster
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December 23, 2018, 01:57:20 PM
 #400

We should remove our greediness for us to avoid losses. We should focus on what is the right strategies that we should use than become a greedy person. Most of greedy persons are losing their money because they do not have self control.

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