Don't be too greed for more gains....

[Viscore]

my advice to newbies in crypto here is always take profit don't regret if it goes up, don't be too greed. stay connected here in forum for advices.

Greediness is somewhat hard to control especially if you are living it. Of course, you can easily just think we can but the moment has come, when the price spikes, we just even think there is more. We commonly just say "don't be greedy" but in most cases, "we then just fail to follow".
Don't be greedy? unless if we don't need money.

As being an investor, we certainly live with this, we want more and that is why we risk more. For me, it wasn't bad for as long as you know how to manage it.

Greed is part of a human behavior and so its always inevitable and hard to control. And they say learn to be greedy when others are fearful. However, in crypto investments, greed is something that most of the time it does not help at all. Because of greed, we mostly end up losing the profits we expect to receive. Although investors are born with greed, but its better if we can learn to control it. And by selling every time we see good opportunities to make profits, and manage the risk, we can somehow control our greed. Though greed is not bad at all, but once not properly managed, it will result into huge losses.

[Shamm]

We are all people who commits a mistake in our lives, don't worry mate cause every mistake we made there are many lesson we learn and as a normal person it's a normal that we feel greedy sometimes in order to gain more but we must focus and think that greed is not the best way to practice it's better to think smarter and relax our mind if we feel greed cause green can not gain us what we want. Sometimes when our bad luck had come greed will bring us to loss.

[CryptopreneurBrainboss]

my advice to newbies in crypto here is always take profit don't regret if it goes up, don't be too greed. stay connected here in forum for advices.

Firstly stop investing in crabs just because they have a very nice graphic and they get shilled to be the next big thing. Avoid falling for this crabs and you would not have issue just buying and holding onto fundamental projects like Bitcoin without having to bother about knowing when to take profit so you don't lose your investment capitals.

99% of the NFT currently existing will lose value in the next couple of years, while others will turn out to be scams. Know this and you won't be excited by them. They aren't no different from the hundreds of ICO that got launched in 2017 but are no where to be found in the market today.

[Oceat]

This is what actually happened to my friend who regretted after taking so long to take some profit since I always told him to sell it already because NFTs nowadays aren't gonna last long but he insisted that it will still pump a little bit more that's why he still holding but unfortunately the price suddenly dump and he lost the chance to sell it on ATH. And now he's still hoping that it will still pump even a little more but that's not gonna happen I told since it's already a rug pull.

Moral of the story – don't be too greedy and sell some to take some profit and that's what you called minimizing the risk of losing.

[nurilham]

Rushing and being greedy will only make us panic and get a lot of losses because we can't think clearly. Based on your experience or my own experience, having been in a hurry and greedy in managing crypto assets made me more aware and learned that all of this requires careful thought and caution. learn to control your own emotions so that we are not affected by the ups and downs of the crypto market. Do it calmly and patiently before deciding to buy or sell crypto. but besides that we also have to learn to understand and analyze the crypto market so that we can read the moment and determine when we can sell or buy crypto.

[Luzin]

but besides that we also have to learn to understand and analyze the crypto market so that we can read the moment and determine when we can sell or buy crypto.

When trading many people find it difficult to determine when he exits the market. This is because they don't understand and maybe they have too greedy targets. Learning takes time, I think it takes a process. I'm sure it's because it's related to emotional and mental control. Since I've experienced that, it's very difficult to master that.

[Yamifoud]

but besides that we also have to learn to understand and analyze the crypto market so that we can read the moment and determine when we can sell or buy crypto.

When trading many people find it difficult to determine when he exits the market. This is because they don't understand and maybe they have too greedy targets. Learning takes time, I think it takes a process. I'm sure it's because it's related to emotional and mental control. Since I've experienced that, it's very difficult to master that.

Perhaps, we all have carried that every day. I admit I'm greedy, I knew it but because I could manage properly, it never gives me a problem. Emotional and mental control, all it depends on what we think. Our mindset becomes more influential as we think more about earning big. Thus, if we are just contented with earning small that is not a problem, however, it was not our ambition. In fact,  we work hard, we extend our patience, and that was because we wanted more, and I believe it was not greediness, it is just our goal.

[Mosharafhh]

Its always happen with when a crypto use not analysis about market condition i also lost lots of money because of this reason. But sometimes i remember about 1 days when i lost 1.5 k just because of buying and selling one token without understand the process on pancakeswap!! Even though this token made 10 to 20x after i lost this. Just only because of greed and without dyor!!

[The Cryptovator]

Greed is the main problem and prevention to gaining profits from cryptocurrency. Recently I have learned a costly lesson. Although this isn't the first time, lost this way previously as well. Invested again on a shitcoin but didn't sell in profit, but suddenly it become useless somehow. So taking an exit when you have a good profit is a better decision always during crypto trade or holding. Just don't be greedy to make more money or become a millionaire overnight. This is a big problem in the cryptocurrency world that we have to play with carefully.

[Masplanc]

We are all people who commits a mistake in our lives, don't worry mate cause every mistake we made there are many lesson we learn and as a normal person it's a normal that we feel greedy sometimes in order to gain more but we must focus and think that greed is not the best way to practice it's better to think smarter and relax our mind if we feel greed cause green can not gain us what we want. Sometimes when our bad luck had come greed will bring us to loss.

True.  Our mistakes is responsible for the height we have reach, mistakes makes us to be stronger and achieved  much. Greed has killed so many good trade, sometimes what makes us to loss money in trading is having too much confidence of making more profits not just greed alone.

[Poker Player]

I want to share my experience as a newbie in crypto....I started my crypto journey in 2021, and that year is very bullish as a starter which I could gain almost $6,000 or more if only I wasn't to greed for believing it will go more higher... those  gains are almost from NFTs (games and airdropped), I didn't take profit even it reached ATH until it fall to the hell lol and some are turning to rugged tokens . Im too late to asked for advice here in forum ( https://bitcointalk.org/index.php?topic=5388154.0 ) and now its too late that I took my profit which is less than half lol.... my advice to newbies in crypto here is always take profit don't regret if it goes up, don't be too greed. stay connected here in forum for advices.

My advice to newbies is different from yours.

Taking your case as an example, what I advise them to do is to first get informed about personal finance, and with basic concepts such as having a contingency/emergency fund, risking only the money they don't mind losing or diversifying the risk.

What you say has all the characteristics of an impulsive person who knows nothing or little about personal finance and investment, who because of this ends up investing in the coolest thing of the moment (high risk, of course), and who ends up losing everything.

Better to take your story as an example so as not to repeat the same thing.

[10_sjdovn_10]

Some people are so greedy that they want to take over the whole world.
But some people like me work hard all day to earn enough money for education.
I do not have time to get deeper and deeper into Bitcoin technology.

So it is better to help others instead of increasing your assets.

[traderethereum]

Some people are so greedy that they want to take over the whole world.
But some people like me work hard all day to earn enough money for education.
I do not have time to get deeper and deeper into Bitcoin technology.

So it is better to help others instead of increasing your assets.

They do not feel enough of what they've got so they want to look for more.
As long as it doesn't conflict with what they want to get and doesn't use improper means, they can be like that to get what they want.
You can also look like them as long as you can divide your time between making money for education and preparing for your future.
Everyone has the same opportunity and it depends on how that person will use it.
Helping others is great but you should also prepare for your future by adding more to your assets for your future.

[isaac_clarke22]

~

It's always the hypes to be honest. Regardless of what type token is it in the future, it will always be about hypes for obvious reasons of number of contributions plus the demand of course. NFTs here in my country won't just die, maybe due to how interactive and "fun" it is to have that "play to earn" concept and not just all charts and graphs of sort.
For shitcoins, it's not for the faint hearted people.

[Dean2]

I want to share my experience as a newbie in crypto....I started my crypto journey in 2021, and that year is very bullish as a starter which I could gain almost $6,000 or more if only I wasn't to greed for believing it will go more higher... those  gains are almost from NFTs (games and airdropped), I didn't take profit even it reached ATH until it fall to the hell lol and some are turning to rugged tokens . Im too late to asked for advice here in forum ( https://bitcointalk.org/index.php?topic=5388154.0 ) and now its too late that I took my profit which is less than half lol.... my advice to newbies in crypto here is always take profit don't regret if it goes up, don't be too greed. stay connected here in forum for advices.

You got 6000 dollars just from NFT airdrops?  Care to elaborate?

[CryptoHeadlineNews]

The concept of trying to use one stone to kill all the birds in the forest is what normally causes this late "Had I known" regret. Because at times when the price of a coin get pump so high they tends to get carried away and forget actually how this things work, because whatever goes up most surely comes down. And that's why it's good to always have an investment goal.

[Kelvinid]

The concept of trying to use one stone to kill all the birds in the forest is what normally causes this late "Had I known" regret. Because at times when the price of a coin get pump so high they tends to get carried away and forget actually how this things work, because whatever goes up most surely comes down. And that's why it's good to always have an investment goal.

Plan + execution = success

Many people have their plan or goal, however, there is no execution has been done which makes this useless. Greediness is very common to most of us, we believe this is the reason for our losses and regrets. Mostly we got out of our plan because of the influence of our mindset and mostly we missed selling our coins during ATH as we usually think about more profit. I don't believe it was wrong but in this kind of market, the volatile nature and fluctuating prices went it wrong.

[bhooscream]

For me, this always becomes one of the basics of trading, moreover if we are new to this. We cannot guess the exact oredicrion by 100%, that is why we are better to prepare every probability that may happen.
In my opinion, it is better for me if I am setting profits in some levels based on the price increase.
But, I will also commonly take a note that it is better to at lease save the capital at least, and let others to be the price target of takong profits.

[mathenye]

If you are too greedy, you will fall into the arms of liars, and where there are people, there will be politics, there will be rulers, and the greedy will be taken advantage of.

[worle1bm]

The thing is you need to be satisfied with the profits you are having because there are always chances that it will go up or down so we can't always regret it.Some people will become greedy as you said and not sell their altcoins when prices are rising but then after it is dumped they regret their decision.The base for most scams is also greed as you fall victim to some attractive offers and lose control over your funds.So avoid this and gain profits if you can.