Indiscipline and Greed

[ameliana]

yes as you have explained above we can conclude that trading is not always profitable and vice versa. people easily lose because they cannot be patient or greedy in taking high profits. I also learned from previous experiences

[Galley]

Greed is ruining our ranks. This applies to traders in the same way as a game in a casino. You must be able to be calm and be able to stop in time. It always seems that this does not concern you, but it is a law of nature, greed is punishable. Everything needs to be carefully thought out and studied, and then done.

[FanEagle]

I sort of understand people who are impatient and sell right away because those people breed themselves, you sell because others sell and others sell because you sell and vice versa constantly until there is no more coins to sell from those people. I do not believe it should be like that, but as long as some people keep selling, others will follow those people as well.

One thing however is for sure where people who wait will wait, no matter how low it gets, no matter how horrible situation looks, some people are not greedy, they are investors who think longer term. Those people end up with the big bucks most of the time but there is also coins who just die, and at that moment the people who sold right away make a lot more profit whereas people who waited lost on the chances.

[suryapro]

yes ... because most of the traders who are getting large profits will feel satisfied with what they have gotten. so this will cause carelessness for us if we do not think about the losses that have befallen us in the previous trade
 

[xiboothrezi]

I sort of understand people who are impatient and sell right away because those people breed themselves, you sell because others sell and others sell because you sell and vice versa constantly until there is no more coins to sell from those people. I do not believe it should be like that, but as long as some people keep selling, others will follow those people as well.

That's what happens to people who don't do independent analysis and don't have a trading strategy. They are easy to follow what people say, drift in the middle of market waves and cannot control their boats. Often enter the market because of FOMO, when their losses are grumbling, when they want to profit more profit and enter the market again even though the opportunity is small, greed can destroy the profit gained.

One thing however is for sure where people who wait will wait, no matter how low it gets, no matter how horrible situation looks, some people are not greedy, they are investors who think longer term. Those people end up with the big bucks most of the time but there is also coins who just die, and at that moment the people who sold right away make a lot more profit whereas people who waited lost on the chances.

While being a holder requires a strong mentality and patience. That is why the profit gained is proportional to their energy and strong stance.

[Valzador]

While being a holder requires a strong mentality and patience. That is why the profit gained is proportional to their energy and strong stance.

New projects will not be able to make you earn money by holding it in for long periods because new projects have more junk projects appearing compared to really good projects, hold coins from the top 20 market capital projects, otherwise sell as soon as possible, or you will lose your money.

[tanjiran]

New projects will not be able to make you earn money by holding it in for long periods because new projects have more junk projects appearing compared to really good projects, hold coins from the top 20 market capital projects, otherwise sell as soon as possible, or you will lose your money.

In fact this is so, we must have the right strategy and analyze it well to get the right timing. We'll see IEO held in a trusted exchange, ROI was achieved but some time later the price dropped significantly again.
If we don't choose the right time then the profit will only be a dream.

[ampere]

Indiscipline and greed is one of few reasons why several investors and traders get rekt on the market space.
It is also a reason why Bounty hunters make rash decision and promote fake projects.

Indiscipline and greed also affects project developers and this is a reason why most times there are exitscam.

Do your own research to the best extreme and keep your investment save

[retnoanjani]

Indiscipline and greed is one of few reasons why several investors and traders get rekt on the market space.
It is also a reason why Bounty hunters make rash decision and promote fake projects.
Indiscipline and greed also affects project developers and this is a reason why most times there are exitscam.
Do your own research to the best extreme and keep your investment save

Greed is a psychological factor that often undermines analysis. A trader must really be able to do emotional management in trading, otherwise, it will produce the wrong actions.
if only moving based on "feelings" is not good at trading. Especially if trading is based on the opinion of another person, FOMO, it is very fatal.
Especially if trading is based on the opinion of another person, FOMO, it is very fatal. A trader must dare to experiment and change the strategy if the market movement is not as expected. Of course, such a thing cannot be done by traders moving based on other people's analyses.

[Rubick99]

Trading cryptocurrency required good money management, if we get floating in minus we can relax to wait for it becomes a profit or minimum get BEP, also if we have trading plan we can buy again when its down below ex: 10% from our first bought price.
Always use your standard operational when you will trade, its make you get more discipline, then set your profit goal and stop-loss on level that you accept it. Don't be greedy, when its enough for you then exit from the market, we have tomorrow with limitless opportunities.

[lienfaye]

Trading cryptocurrency required good money management, if we get floating in minus we can relax to wait for it becomes a profit or minimum get BEP, also if we have trading plan we can buy again when its down below ex: 10% from our first bought price.
Always use your standard operational when you will trade, its make you get more discipline, then set your profit goal and stop-loss on level that you accept it. Don't be greedy, when its enough for you then exit from the market, we have tomorrow with limitless opportunities.

You're right its important to have a plan so we have a guide to follow and know when to stop loss. Greed is often the reason why we are losing our profit even we already had an opporunity because we are aiming for bigger profit which is not right. We need discipline in order to do it right and set aside our emotions so we can decide base on whats right and not because of how we feel.

[AbNewton]

What your say is indeed true for most of the trade. Being a good trader is when you know you had enough and call it a day. Even a lot of people don't like but I saw a similar on both crypto trading and gambling. Blindly by your greed could cost you a fortune.

[umbara ardian]

While being a holder requires a strong mentality and patience. That is why the profit gained is proportional to their energy and strong stance.

New projects will not be able to make you earn money by holding it in for long periods because new projects have more junk projects appearing compared to really good projects, hold coins from the top 20 market capital projects, otherwise sell as soon as possible, or you will lose your money.

It would be foolish if someone invested in new projects and held them in the long run. Certainly its price will collapse and go down, it will make them regret doing the same thing. If you want to invest in the long term, it is best to buy altcoins in the top 10

[princeyeboah]

Too much greediness can cloud a sound judgment as to when to sell and make the maximum profit. It is always good to set a price target to serve as a guide. Once that price is reached, attain discipline to make the right choice. It takes discipline to overcome greediness.

[Vishnu.Reang]

I don't agree with the topic. OP treats indiscipline and greed as different parameters, when the reality is that both of them are closely interlinked. In most cases, indiscipline results from greed. The player may have defined stop-loss and profit booking targets earlier. But once he gets carried away as a result of greed, these targets are no longer maintained. And in most cases, this results in complete financial ruin for the player.

[Wayrey2020]

Indiscipline and greed are two reasons why most bounty hunters work hard and receive 0 stakes, because they have refused to read the bounty instructions due to indiscipline.
It also applies to trading and investment, but it goes a long way.

Our character are always a reflection of what we put into the society.

[judaspriest]

Indiscipline and greed are two reasons why most bounty hunters work hard and receive 0 stakes, because they have refused to read the bounty instructions due to indiscipline.
It also applies to trading and investment, but it goes a long way.

Our character are always a reflection of what we put into the society.

The rules in the bounty program usually change, did you already know that? about KYC, if the first bounty program says No KYC, and after the bounty ends KYC is needed, and some people don't realize it, then they won't get a prize, I've experienced it. I think that indiscipline must go along with clear rules

[andycarrol]

Indiscipline and greed are two reasons why most bounty hunters work hard and receive 0 stakes, because they have refused to read the bounty instructions due to indiscipline.
It also applies to trading and investment, but it goes a long way.

Our character are always a reflection of what we put into the society.

many cases that often occur like this but usually bounty campaign participants do not get a stake because in my opinion there may be unfinished tasks and may not follow the rules, while for investment and trading it has very different properties, only people who can control his patience which will succeed in investment and trading while people who are greedy and easy to panic only get a loss.

[cassavachips]

If you get profit, don't be greedy, stay patient in trading. Do not use all available funds, make a good profit withdrawal and re-use the initial capital to trade.

[103deltafox]

Nice strategy, I also think that after a successful trade, no matter the amount of profit, once should be able to close the trade for the day and think of better ways to enter the market,but this can't be the same for everyone as different folks have their own strategy and what works for them.