Don't be Emotional, Don't be Greedy

[Rexler]

The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I  remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.

These are the few basic rules of trading, it's always advisable not be too greedy even during bull run, as we all know the market is very volatile because you can never tell what might happen next, all its going to take is just one bad news to make the market start moving in an opposite direction its always best to lock on profits made instead of being too greedy and expecting the market to work hard just for you to get your targeted profits, just like they say a bird in hand is worth more than two that are in the bush.

[rodskee]

The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I  remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.

if you are a Ethereum and Ripple investor it is enough selling last week when the value of these 2 coins pumped more than 100% and for a Holder thats a great profit .
But the problem is the market movement is irresistible in which we are aiming for more higher outcome.

But i think you are right,Sell half of  your holding and Keep on waiting if the amrekt continue to fall because if that happen then sell the another 50% and Buy again in Dip.

With this strategy our holding might be double ,Greed is our enemy as this will mislead us to losing.

[Buttermellow]

Mostly new members are greedy and are emotional and this are the main reason that it could lead to loses in the crypto investment. The factors of getting emotional are those assumptions that cryptocurrency has no assurance to earn in investing, that cryptocurrency is a hih risk investment. This is why many new comers or investors loss in thr way in their investment.

[peter0425]

Mostly new members are greedy and are emotional and this are the main reason that it could lead to loses in the crypto investment. The factors of getting emotional are those assumptions that cryptocurrency has no assurance to earn in investing, that cryptocurrency is a hih risk investment. This is why many new comers or investors loss in thr way in their investment.

Well depend on what newbie are you implying ,because some of them had been told about the wrong perception of crypto.
That investing here is like gambling in which all you need to do is Buy ,Hold and Sell.

They have not even told of what is the use of this and what can do for them.

Same reason why they are easily to panic and Soft hearted in regards to status of their Coins.

[suparigach]

Trading is more profitable if you know the neon rules of trading. If we can trade according to the rules of the market, then we can get good profit by trading. But if we do not trade according to the rules of the market, our fund is likely to be zero. When one of our trades goes wrong, we take another trade without understanding the market and become emotional.

[Genemind]

Agree, there had been a lot of opportunities I've missed when I was new in crypto because of staying for too long in a project until it lost its value. Always have a plan, and take your profit at a certain time. A project can create hype and die in a short span of time. Grab the opportunities open and look for another one.

[ice098]

Mostly new members are greedy and are emotional and this are the main reason that it could lead to loses in the crypto investment. The factors of getting emotional are those assumptions that cryptocurrency has no assurance to earn in investing, that cryptocurrency is a hih risk investment. This is why many new comers or investors loss in thr way in their investment.

New people in trading tend to be greedy, they are the ones who fall into this thing and sometimes this is their end as well. when we make some mistakes that could be a lesson not a misfortune, but if it is happen so many times after our first fall down then it is considered as a mistake of we will not let ourselves be better. We may be emotional oftentimes but we need to manage it so it cannot ruin us and break our sanity. I experienced this greediness and emotional breakdown as well, when I lose almost a bitcoin in 2018.

[slashz9]

If indeed you are still confident and predict that the market is still good, there is nothing to worry about, but it is better if we make a target every time we take an entry, what percentage of profits and losses can be tolerated.

[Aldrinx00]

Lots of people that are being greedy ended up taking a loss rather than having a profit, we must have be intelligent on when to take profits even if it's small. Being emotional on crypto will just affect our trading strategy.

[zaim7413]

Lots of people that are being greedy ended up taking a loss rather than having a profit, we must have be intelligent on when to take profits even if it's small. Being emotional on crypto will just affect our trading strategy.

Emotional cannot be used in any form of work, because people who work emotionally always do not control themselves and will lead them to greediness, so obviously this is not a good thing for anyone to use.

[CryptoTech_]

Emotion and greed are the basics of crypto trading. If we can't control it, of course we will suffer losses. I often experience this, emotions (panic) want to quickly sell when the price goes down for fear of the price going down even more, greedy when the price goes up, don't want to sell immediately and feel the price will continue to rise. But it's all wrong, we have to be able to control ourselves.

[Inkdull]

It can be very hard to control your greed and emotions, I've come to understand that it's more harder to take profits when you have no aims and target, even if you earn 5x of your invested money you won't still feel satisfied, I'm sure this is what's happening with many people, it's easiest passage way to greed

To overpower your greed you have to have a aim, I'm getting out if XRP hits 1$ for example, then get out when that's possible, not having a target will put you in a lost state.

[awakpane]

If indeed you are still confident and predict that the market is still good, there is nothing to worry about, but it is better if we make a target every time we take an entry, what percentage of profits and losses can be tolerated.

We need to know that crypto trading will not be completely free from various risks, before starting cryptocurrency trading, we are advised to consider various things, including choosing and determining coins that have the best reputation and are more stable. and also choose a legal exchange, it is not only safe but the transaction fees charged are also transparent so that there are no hidden fees that are not known.

[BTCappu]

The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I  remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.

This has been said like a thousand times, anyone that doesn’t want to learn a lesson and follow the right process, then whatever happens to their investment after, they are the ones that did it to themselves. For me I always say that people should do what’s right, and if you don’t know what’s right then you should learn to do what’s right, and if you wouldn’t learn, well, not everyone is going to make profit in the market , there will always be losers for there to be winners.

Some people don’t act right, they don’t invest when they should; market will be going down and they won’t invest when the market is down, instead they will be speculating lower prices, by the time they know it the price has started recovering again.

[rahmatullah9305]

It can be very hard to control your greed and emotions, I've come to understand that it's more harder to take profits when you have no aims and target, even if you earn 5x of your invested money you won't still feel satisfied, I'm sure this is what's happening with many people, it's easiest passage way to greed

Overcoming greed and emotions is almost the same as defeating lust that is in oneself, obviously this is a very difficult thing because it is against ourselves who always have more desire for everything.

[tycsols]

The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I  remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.

It has happened with me in the past that after taking profit or selling my coins the prices have mooned so it is always a very tough decision when exactly to take profits and i always have a fear that if i sell the coin will moon lol that is why mostly i end up holding my coins forever.

[Banulit]

Always get what possible profit you can get no matter how small or big it is because it is still profit is always a profit. It is also a way for you to avoid losing everything that you have especially if that is a hard earned money.

[Jeger.Kiting]

Lots of people that are being greedy ended up taking a loss rather than having a profit, we must have be intelligent on when to take profits even if it's small. Being emotional on crypto will just affect our trading strategy.

Emotional cannot be used in any form of work, because people who work emotionally always do not control themselves and will lead them to greediness, so obviously this is not a good thing for anyone to use.

Agree, of course to do something work will be chaotic or messy, so in my opinion it should be avoided such traits, a good solution is when the emotional comes at least stop doing activities or stay for a moment, or also drink a cup of warm tea, to avoid stressing it. ourselves which results in emotional emergence in someone, so that's why many people die or what is said to be a heart attack that makes them unconscious and blood rises, of course it will be not good for our health ...

[joseyphil82]

Greed is just an habit that's hard to control sometimes and it lives in everyone of us, there is nothing wrong in been greedy, the only mistake you don't want to make is using the greed habit in a wrong way or at a wrong time, the best time to be greedy is in red market and be greedy on top altcoins only, there is nothing more safer in crypto space than this, for example if you are been greedy to have buy XRP at 0.24$ and went in with all you have now you would have make over 2x already.... If you don't take profit then you've already been over powered by your greed

[Question123]

Selling some altcoins now is good but not all of you have , I got some profit now but I will not sell of my coins now Im not greedy but bse on my own prediction and research I see a good more improvement to the price of the crypto coins.

Emotions better to not involve now because if you are emotional once price of the coins dump for sure you will panic and you sell all you have. Taking profit now is good because that is already money but think about the profit you will get more someday.