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Author Topic: Do Not be Greedy  (Read 5103 times)
abel1337
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December 23, 2018, 02:42:09 PM
 #401

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.
It is the most common rule of life , Just dont be greedy. Many people tend to lose their valuables because of greediness. It has the same perception on trading , If we aren't contented with our profit and aim for almost impossible profit we can lose the profits we earned.

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December 23, 2018, 04:48:52 PM
 #402

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 agree with your opinion when we have made a profit of 20 percent, this is enough for us. But in the crypto market if we risk a little you can make a lot. I think depending on each person's ability and knowledge of that person and the crypto market requires us to spend a lot of time on it.
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December 24, 2018, 01:00:31 PM
 #403

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.
In this dumped market I think not much greedy people are losing but those people are losing who do not have patience in holding their coins till a good market come. There are a lot of people who think that now the good time will not come and because of that misconception their sell at low price.
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December 24, 2018, 01:49:55 PM
 #404

Taking small profit and run is always a good idea, your account grows very fast with such strategy. The only problem with such account is either you need to keep very small SL which often gets hit or a bigger SL but if you keep bigger SL, one SL hit can eat your many times profit, so sometime your profit of 3-4 days gets wiped out in a single trade, holding coins for some week to some month may give good profit but every trade should be taken with proper plan so that if trade goes against you can easily cut the losses short.

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December 24, 2018, 03:34:00 PM
 #405

It is easy to say , very hard to do when it comes to the time , Sometimes when you trade and you are in profit , the hardest thing is to stop being greedy , I'd love to find out how to stop it and what do I do when I become greedy ?
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December 24, 2018, 04:25:04 PM
 #406

Depending on each specific case, investors need to be wise for the decisions about their coins. The 20% profit margin according to me we can accept to sell them and ensure safety is the first.
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December 24, 2018, 06:29:31 PM
 #407

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
Yes, there have proverb grasp all, lose all.We always try to get a huge profit but never try to get little profit and increase our asset .This our main problem, as a result, we lost our money and upset for mistake or wrong decision.I agree with that Cryptomarket is growing and full of terror and nobody can't tell exactly what to happens on the crypto market

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December 24, 2018, 07:32:15 PM
 #408

To my opinion exaggerated greed for profit is one of the worse mistakes Bitcoin users make. Unfortunately some think that Bitcoin is some magic that will make them rich over night but at the end they get disappointed.
Like in everything else the key is to find some kind of balance and to have some realistic and moderate cravings   about the profit you can make according to your potential. You just have to make step by step to reach your final goal and that takes time and patience.

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December 25, 2018, 03:01:04 AM
 #409

maybe it shouldn't really be greedy, but many people who want to try to get a lot of profits so they try to wait until the price rises to provide a very large and maximum profit.
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December 26, 2018, 10:12:44 PM
 #410

each person's estimation will be different when looking at the target profit that will be generated. I prefer the short-term profit target because I trade daily. 3-5% is enough for me and this is good for equity and is able to provide a bear market profit

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December 26, 2018, 10:20:35 PM
 #411

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.
Exactly, they are too focus on making money without realizing that they are already losing their self. Greediness should be avoided, especially if you are a trader because in trading it must be done with the right studies and not just about your greed. Start learning how to control yourself and not to be more greedy, because its really matter for you to have a bright future.
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December 26, 2018, 10:21:56 PM
 #412

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

Just hold long term and take profits slowly when prices rise. No need for shorterm speculation and set numbers.
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December 27, 2018, 02:02:42 AM
 #413

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
Its easy to create a trading plan but if you are already doing it in reality it is really hard to execute crypto price some times quickly going upand also suddenly fall much faster which msy end up you in panic and may not able to follow your trading plan.
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December 27, 2018, 02:16:05 AM
 #414

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

People have different plans. Strategies and techniques vary from one person to another. There are those who prefer to celebrate their 20% profit and get out. But then there are also those who are geared toward the longer terms. They do not mind if the road going there is rough. There will be 20%, 30%, 50% rise and fall but they are setting longer terms for bigger returns.

Sometimes being greedy, if within a wiser plan, is much better than avoiding it due to panic and fear. I think it would be better to be greedy when others are getting emotional, losing by selling very cheap.
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December 27, 2018, 02:41:12 AM
 #415

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

People have different plans. Strategies and techniques vary from one person to another. There are those who prefer to celebrate their 20% profit and get out. But then there are also those who are geared toward the longer terms. They do not mind if the road going there is rough. There will be 20%, 30%, 50% rise and fall but they are setting longer terms for bigger returns.

Sometimes being greedy, if within a wiser plan, is much better than avoiding it due to panic and fear. I think it would be better to be greedy when others are getting emotional, losing by selling very cheap.
They are wiser I guess because they can get out with that profit, however, in order to be like their status, we need to have a bigger capital to expect a decent return. Unfortunately, most of us cannot afford to have a big capital in trading that's why we are hoping for a bigger return, like more than 100% return and we are optimistic it will happen because it has already happened in the past.

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December 27, 2018, 05:25:49 AM
 #416

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.
The point is that you have to stay on track, follow your plan and strategy, don't get out of it, so you can avoid greed. Greed occurs
because they can't discipline the plan they've made, if your plan made to sell when price rise 5% then sell it, don't be to greedy..
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December 27, 2018, 01:36:02 PM
 #417

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 am even satisfied with a 1% profit but then as a trader. 20% is a nice goal if you hold coins longer term.
But I rather like to take some daily profits.

Lets say you put 2500$ in a coin and it takes 4 weeks to reach your 20% profits. I am pretty sure that I trade with those 2500$ on a daily basis more money can be made during that 4 week holding period. But of course that is every persons personal opinion. Not everyone has the time or the skills to trade.

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December 27, 2018, 02:29:09 PM
 #418

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.

Well I guess if there is greed people in this business industry, for sure none of the traders here won't experience the feeling of how to be loss in

making trade in the actual platform. Because, once you become greedy for sure in the end you will face a big loss in your coins or capital.
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December 27, 2018, 02:37:02 PM
 #419

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.
The point is that you have to stay on track, follow your plan and strategy, don't get out of it, so you can avoid greed. Greed occurs
because they can't discipline the plan they've made, if your plan made to sell when price rise 5% then sell it, don't be to greedy..
Whatever we do, greed is so bad. Greed will only make ourselves enter a phase that is not good. Even when we can get a lot of money, greed will make us fail and even lose all the money we have. This is worth avoiding because we are faced with a good situation, don't let an opportunity like this disappear and we get nothing. Be someone who can exercise good control of yourself. When we are in chaos, we will enter something far worse than anything !!!
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December 27, 2018, 03:07:25 PM
 #420

greedy will make a fall, but many are complacent when prices start to rise, want more profit without following market trends, it would be better to be greedy in learning all things about trade
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