Don't be Emotional, Don't be Greedy

[akirasendo17]

I agree with OP, most of the investors especially the new one thinks that if they hold the coin it will bring them more fortune, but they are wrong in that thinking, cryptocurrency is unforgiving, it will give you a fortune but if you are not smart enough he can take it away in a snap, I am also in that kind of thinking before and it breaks me after I hold the coin worth 20,000 USD it hit rock bottom and all I can do is watch as it disappears into thin air, sharing this through my experience be greedy but not too much, it will backfire.

[arayde]

Bull market is a greed era. FOMO levels are too big. And this will make next drop even more dramatical

[lienfaye]

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.

Thats true, the past bullrun 2017 should be a lesson to those investors who became greedy for aiming on much higher price. Be wise and learn from the past experiences. If there's an opportunity to take profit and you see that you gain enough then dont be greedy and sell.

We dont know the next movement of the coins we currently hold thus take advantage if the price increase and enjoy the earnings. There's always a perfect time to buy again, what important is your profit big or small treasure it and be contented.

[aemma]

This is correct and it is also what has made many people to gain a lot while making others to lose a lot as well. Also, I think this situation depends on the type of coin the person is holding first and foremost, that is, people who are holding Bitcoin will hardly think of taking profits, because from the look of things, Bitcoin do not look like it is slowing down while others keeps making predictions upon predictions, but however taking profit is actually very wise. But from another point, most people who are long term holders will really not think of taking much profit now, because they know what they are after, hence confirming the fact that, it depends on the coin.
Also, this situation depends on the type of funds invested, if you invest what you can afford into the right coin, you will really be calm and in this case, it might not be seen as being greedy or emotional, but going for what you want.

[Shasha80]

If you learn from the events in 2017, now should be the right time to take profit. Because crypto prices can fall suddenly,
if we are too emotional and greedy, we will only miss a good opportunity to be able to generate big profits. So we must
have the courage to take the decision to sell our Bitcoin and altcoins if they are already profitable. Later if the price drops
we can buy it again, because there will definitely be a moment when the crypto price will go down.

[Jeger.Kiting]

taking advantage of opportunities right now is also pretty good, your advice about emotions is also very useful, but it all depends on the situation and conditions using the funds to choose a really serious project

But most people have the ambition to get it faster, and eventually they get caught up in an investment that is self-defeating, it's rare to find people who are not too ambitious at this point, I think that experience is also needed in this field, to assess the correct project serious about running a quality project for everyone.

[budi691]

I remember my friend who ended up getting nothing because of greed,
when you have made a good profit, you still do not want to take action to sell it immediately, because you still feel less, but what happens, the price drops and you end up losing everything,
This is a little story from a friend who is full of greed, so don't let our emotions and greed ruin our dreams.

[Sendi blackspade team]

I remember my friend who ended up getting nothing because of greed,
when you have made a good profit, you still do not want to take action to sell it immediately, because you still feel less, but what happens, the price drops and you end up losing everything,
This is a little story from a friend who is full of greed, so don't let our emotions and greed ruin our dreams.

I also made mistakes as you said in the past. and at this time I am more careful and think about the value of the assets that I have than I have to indulge in my desire to get even greater. because the value that I planned from the beginning of the investment that I had done 8 months ago has been achieved I think I don't need to be greedy anymore.

[toast]

yes that is right but if you can't control your greed what you can do is sell 50% of your investment and leave 50% if you think it would go higher and exceed its all time high. but i think it's much better if you take profit now before it crash it's better to have profit than nothing isn't?

[bitcoin31]

It's better to have a profit first before you hold more but don't sell all the coins that you have. Because people once they hold and sell they all do that all . Maybe they are not greedy to the profit because they believe to the bitcoin that will increase more even me I also think about that but Is not 100 percent because there is chance to dump it again the value.

[JNR]

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.

indeed, emotional and psychology is the hardest things to control for most of traders mate
and i believe people that can control their emotional and psychology will be the winners

[kram31]

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.

I think being emotional can be or it can't be control in some other way. But having a characteristic of greediness, perhaps, this will not be gone instead, greediness will always be a part for those traders who always in a hurry to earn a lot in a fastest period of time in the end.
Therefore, we really need to have a self-discipline and self-control as well.

[Davian144]

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.

Taking advantage of the good moments that are happening in the market is a very good thing because it can provide benefits for everyone, but it's true, as you say, where everyone should know when to buy and when to sell, because taking profits in any number is much more. better than having to be greedy in pursuit of large profits and even that may not be obtained.

[kkaroul4]

That's a good advice small or big profit, profit is still a profit some I hope we all learn the lesson from 2017 don't be greedy and take profit before it's too late. Those speculation about it would exceed to all time high there's no assurance or evidence about that so it's better to have a secure profit rather than none.

[ZaraCB]

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.

Really it's a good advice for all crypto investor. But even then there will be many who will not be able to handle their greed. As a result, we will have to wait in the hope of much more profit. Maybe this wait of some people will not end year after year. So I think those who have made some profit should take it. When time passes, there is no profit in regret.

[pelumi20]

GREED will cause us to lose everything, a few people can't control their emotions when the bullrun comes, so they fail to remember how to construct a portfolio appropriately. Nobody can anticipate the Cryptocurrency market, so we need a tactics to adjust the danger of loss when building new ATH. What's more, what should be underlined is never to tie up all your eggs in one place, supposing that the basket falls, all the eggs will break.

[optimisticcm]

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.

Unless you have some target in mind, you never know what is the right time to sell.
Some people do have have set target of 20, 30, 50 or 100 percent gains as target, such people will be able to take profit but majority will be searching for new peaks and to identify that is not easy at all.

[maruf01788]

I lost many money for greedy. I bought many new coin in pump time, i thought i will sell it more high prices. But i couldn't and lost huge money. Now i understood my mistake. Now i always research that project where i want to invest. and thinks many times about investing a new project.

[BITCOIN4X]

Being greedy is natural for some people because everyone want more. But we have to realize that trading is a very risky thing and price are changing all the time. Is greed good? Of course not, it is too risky to put a lot of money in an asset whose price is very volatile. The best advice is to use as much money as you can afford to lose and this will give you a little more freedom to relax when trading. Don't believe the hype too easily, it's very close to the downside.

[DU18]

We often get greedy when we think our predictions are correct, or are told by others about a strategy that is highly likely to work. Even though all of that is still uncertain because that is a greedy attitude we need to get rid of in every trade in the market, and we should be able to control when is the right time to stop when we are still or can already benefit from the trade, but our greedy nature will always have the desire to be able to get even higher profits by increasing the volume of transactions and getting greedy more when Our predictions are more accurate so that we don't realize when the price turns around, of course, it will immediately make us confused and can't do anything and in the end it's not our profit but it makes us loss.