Don't be Emotional, Don't be Greedy

[hossamdz]

For new traders yes greed is not recommended and withdrawing profits at every good opportunity is required because the market can reverse down at any time and your profits will turn into losses as it happens with them every time, but for pro traders they already know what to do .

[manfredmann]

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

There is nothing wrong to be greedy sometimes because it can somehow get you into big profits especially if you are lucky and are with the cryptocurrency. Investing in bitcoin and other establish crypto all in before the bullish trend will let you earn big right now. So,  if you were not being greedy that time then that will not going to earn big at present or current market for cryptocurrency. Whatever it will be, being greedy or not the most important thing is that you know you are doing and you are confident on what you have done.

[Paycoinzzz]

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.

Just planning is not enough, we need to learn more about how to manage emotions. Previously, when I first joined crypto trading here, I used to set up very careful plans, but when the price went up and down quickly, my mentality was panicked.
All plans are broken when psychology is not stable. So I think we need more time to learn about crowd psychology to understand and not get caught up in it.
This is a good rundown of my fear management experience and it has helped me better when trading with high leverage.
https://www.deccanherald.com/business/family-finance/dealing-with-fear-psychosis-in-trading-752028.html

[ningrum]

The cryptocurrecy market are very volatile, so it isn't suitable for people who are too greedy or emotional. It is best to stop waiting for ATH when you feel the risk, let's protect the results or withdraw your invested capital.

the most important thing is that you feel a profit, if you have got a profit you should finish it and enter when the price matches again,
wait and observe then analyze, don't get emotional, and dont be greedy

[1l1l11ll1l]

The cryptocurrecy market are very volatile, so it isn't suitable for people who are too greedy or emotional. It is best to stop waiting for ATH when you feel the risk, let's protect the results or withdraw your invested capital.

the most important thing is that you feel a profit, if you have got a profit you should finish it and enter when the price matches again,
wait and observe then analyze, don't get emotional, and dont be greedy

I don't think it's unsuitable for emotional people, it's just that you have to be able to do a proper analysis. it doesn't matter if you are emotional if you still get profit, analysis and also the power of timing is everything, don't make impossible expectations too much

[tarable]

The cryptocurrecy market are very volatile, so it isn't suitable for people who are too greedy or emotional. It is best to stop waiting for ATH when you feel the risk, let's protect the results or withdraw your invested capital.

Yes, but waiting for ATH on some Altcoins or Bitcoin is actually not wrong, it's just that it would be better if everyone always took advantage of the existing advantages even if not so much, because the cryptocurrency market is always filled with risks for everyone who acts on it.

[safari88]

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.

that's true, we should take profit now that the price of Bitcoin is high but we should also consider about some of the user who invested on 2017 and got stuck with their investment i think it's their time to recover their losses as well.

[wxxyrqa]

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.

Just planning is not enough, we need to learn more about how to manage emotions. Previously, when I first joined crypto trading here, I used to set up very careful plans, but when the price went up and down quickly, my mentality was panicked.
All plans are broken when psychology is not stable. So I think we need more time to learn about crowd psychology to understand and not get caught up in it.
This is a good rundown of my fear management experience and it has helped me better when trading with high leverage.
https://www.deccanherald.com/business/family-finance/dealing-with-fear-psychosis-in-trading-752028.html

In fact, first of all, a person must set certain goals for himself and create a specific plan according to which he will act so that any panic in the cryptocurrency market does not affect the results of his activities. in practice, being emotional in the cryptocurrency market is very harmful.

[Samayuki]

I was so emotional on DIA, I was so greed on this project that I bought the tokens will all I have, I sold my bitcoin to buy at 0.8$ through curve bonding and the price it 4$ per token and I sell off, I buy back my bitcoin and of cos some Ethereum, thanks to my emotional heart and greediness  you want to know some fact? Be greedy when it comes to high quality projects, you won't regret it

[meldrio1]

I never forget that I lost huge money because of greediness because I really want to earn more but suddenly the market went down and also the crypto that I invested, I learned my lesson. I'm sure many of here were greedy and emotional before and it's normal for beginners but if you are in crypto field over the year I don't think if you still greedy and will emotional easily.

[gwdf1]

In fact, first of all, a person must set certain goals for himself and create a specific plan according to which he will act so that any panic in the cryptocurrency market does not affect the results of his activities. in practice, being emotional in the cryptocurrency market is very harmful.

You just need to be calmer.
It should be noted that the cryptocurrency industry has experienced the active influence of fraudsters. During the existence of the crypto market, scammers put hundreds of millions of dollars in their pockets on trusting investors who wanted to get quick x's in the ICO.If you want to get rich, you need to be calculating, steady, and disciplined.

[sayaya17]

It is very difficult not to be greedy when one sees the current state of the market this extraordinary. Everyone wants to make a lot of profit so wait for the new ATH to happen. This is natural because bitcoin is currently more likely to reach a new ATH. Most investors and traders are waiting for this grand moment.
But the greed that is now going on makes sense because the opportunity is already in sight. However, we still have to control our emotions when the price correction is immediately to make the best decision.

[Becky666]

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.

Yeah, those sects of individuals doesn't have control over their doings, most especially those with emotions and greed, many of which don't have positive result from their deeds. The cryptocurrency market still be Young and thousands of traders and investors  are very much into the system, those with emotions be attached don't always get something good from their end, also, the greedy investors or traders sometimes meet their downfall when greed set into their life.

[gurunanakji777]

Greed is the root cause of loss. Even emotional traders also end up in loss. There are only 5-10% of investors are successful in the crypto market who follows the basics and fundamentals of the market they treat this market seriously. They do not trade like a gambler. The current condition of the market is very enticing for the investors most of us are thinking Btc will create a new high in the coming time but we never know what will happen. Chances are higher of rising the market but one should control its greed otherwise will end up in loss.

[kodtycoon]

Emotional greedy is the beginning of harm wherever and whatever lies human carelessness, it is not enough to just gain a little usually it triggers greed. make a plan before far to move and there is already an example in a project is a road map and maturity in planning must be patient.

[Viscore]

Greed could somewhat be normal especially when you are aiming high but the problem is that most of us aren't able to manage that greediness to its minimum and not even contented with a small thing. People get crazy especially when it talks about money, they wanted it all to be in their hands. It finds no wrong but somehow, some did things so badly and even sometimes sacrifice their dignity and reputation just to achieve their wants.

[ardentvolcanoes]

Greed could somewhat be normal especially when you are aiming high but the problem is that most of us aren't able to manage that greediness to its minimum and not even contented with a small thing. People get crazy especially when it talks about money, they wanted it all to be in their hands. It finds no wrong but somehow, some did things so badly and even sometimes sacrifice their dignity and reputation just to achieve their wants.

If you have good control within your greed the very big chance to accumulate decent amount of profits., It's tough fighting within yourself but

once you conquer it and manage to play well with it, the outcome is very beneficial to you. Greed most of the time lead you to lose instead of

gaining that's why you needed to understand and plan well on how to work with it the right way.

[InwardContour]

Greed is the root cause of loss. Even emotional traders also end up in loss. There are only 5-10% of investors are successful in the crypto market who follows the basics and fundamentals of the market they treat this market seriously. They do not trade like a gambler. The current condition of the market is very enticing for the investors most of us are thinking Btc will create a new high in the coming time but we never know what will happen. Chances are higher of rising the market but one should control its greed otherwise will end up in loss.

Greed is a very crucial factor which must be controlled to become a successful trader. When I started trading newly, I used to set very high targets which hardly get achieved. Sometimes I see above 100% profit but greed won't allow me take profit, I'll be waiting for more profit but at the end of the day I end up selling for smaller profit or even at loss. I learnt the hard way and now I'm thankful to be a good trader. Aside greed, we should always know when to leave a trade, whether in profit or at loss. This is the more reason why I use OCO (order cancel order), whereby I set my sell target and stop loss.

[tarable]

You just need to be calmer.
It should be noted that the cryptocurrency industry has experienced the active influence of fraudsters. During the existence of the crypto market, scammers put hundreds of millions of dollars in their pockets on trusting investors who wanted to get quick x's in the ICO.If you want to get rich, you need to be calculating, steady, and disciplined.

That's right, in crypto no one can easily get wealthy quickly, everything needs solid calculations and discipline at work and we also have to know what we are doing, don't waste time just on scam projects.

[Tahsin Kabir Kollol]

There is no way to be passionate and enthusiastic about investing. Because with investment there is always a risk and the amount of risk multiplied due to over-emotion can lead to loss of everything. Generally speaking, it would be very encouraging to collect information from any medium and be 100% sure. If the market behaves in a reversal way as a result, there could be a big loss. In the current context, many are speculating that the price of bitcoin will rise above 35K, so many people may become very enthusiastic about buying bitcoin, which could lead to a big loss if the market goes down again. So don't be too emotional and don't be too greedy trade through market reviews and always watch the market movements.