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

[Scaterbrainn]

I have met people who buy many coins at the same time and then lose all. They do not analyse what is actually going on in the market and they buy them just because they heard someone saying buying cryptos will give them profits.

[Doan9269]

I have met people who buy many coins at the same time and then lose all. They do not analyse what is actually going on in the market and they buy them just because they heard someone saying buying cryptos will give them profits.

Yes you're right, going through a thorough research is very important, not that one has to believe any news released online about coins but your personal conviction will discern wether to invest or not, although our personal greediness also contribute to many loosing their investments, some coins can be successfully launched and last just for few months before folding up, for those that are smart enough to withdraw their coins before it crash will realize profit while those that are greedy enough to wait longer for the coin to eventually rise higher fall the victim and the value run down to the lowest level.

[Bamjos]

In my little period learning and practicing trading (mostly on demo account), I've learnt to deal with greed, the last time I traded on FX, I blew my demo account because I was greedy: I've been trading using the strategies I've learnt and I've been able to manage my trades but suddenly I started having interest in following someone's signal cause the guy always post his trade profits, I was surprised that the first of his signal that I would follow cost me my demo account, I blew the account in few minutes, I ought to have opted out of the trade but I felt his signal couldn't fail and I was going to make a huge profit if that trade had gone has predicted, but I lost! My demo account that I've built with confidence for months vanished in minutes. It's not easy because we are humans, but learn to control yourself, learn to control your greed!

[Vaculin]

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.

Treat it as one of your mistakes from wrong decision making. This is very common, and we all fall in the same result, losses. But what is more important is that you learned your lesson and for sure, you won't repeat the same mistake again.

Greed can sometimes create positive results, but in most investments, its definitely very unhealthy and sometimes detrimental. So never be ruled by greed, sell when there is good opportunity, and lastly, be contented even in the small profits you gain. As long as you're not losing, you have nothing to worry.

[BobK71]

Many people are successful in crypto but they can't catch it. The main reason for this is the greed that drives you towards Destruction. Everyone should remember that there is no end to what people want. From birth to the moment of going to the grave, they will just keep asking for getting more and more. So try to be satisfied with little. You will be successful.

In most cases, such mistakes are more common among new traders. You must research particular assets. You have to analyze how logical your request is and you have to ask accordingly.

[Franctoshi]

Greediness has been one of the biggest challenges of man right from the time of creation, same greedy led Adam to eat the fruit of knowledge of Good and evil in the garden of Eden. Right now it's still the same challenge most investors and traders are facing in this volatile market. I've been a victim of it several times and I knew what it cost me, Until I put it under control. In summary of my point, it's in you to rule your world of greediness and put it under total control hence you're gonna get recked.

[nakamura12]

That's FOMO ( fear of missing out) when you buy or acquired NFTs that many people did buy or acquired when it becomes trending or reaching ATH at that moment. There are some times that when we have our balance have grown then we still want to wait for it to grow which is a sign that you are starting to get greedy. It's part if our nature that sometimes even those who are not greedy will become greedy when in a dire situation. In my opinion, this will be your lesson why being greedy is not good and even though you're in a dire situation is you should not become a greedy person.

[Hyphen(-)]

Greed is one of the major elements that contribute to the loss of the first profit, as well as the whole loss of the profit and investment.
The advise is always the same: accept what little profit you have and move on, or wait for a better opportunity to invest more.
It's too  greedy to expect a coin you invested in to multiply 20 times or more.

[Proro]

Nice advice, greed is something most of us take for risk sometimes, when you tell such person it's greed he or she always see you as someone who can't take risk.

Actually there is difference between risk and greed.

[Gosgosking]

It is risky to accumulate profit. Anything can happen without any notice, what ever that brings profits traders are always advised to remove profits. Sometimes ago I loss both my capital and profit due to greed, I was adamant of taking away greed, if I had taking the profits it would have been more better than loosing every thing.

[ultrloa]

It is risky to accumulate profit. Anything can happen without any notice, what ever that brings profits traders are always advised to remove profits. Sometimes ago I loss both my capital and profit due to greed, I was adamant of taking away greed, if I had taking the profits it would have been more better than loosing every thing.

This is why we need to stop listening to people who always tell about more pump to come and mostly we can encounter these people on telegram and discord so I always shut those media channels when I trade so that I can always focus on my targets and can able to take the profits without getting bothered about more possible pumps. People always think profit is still profit and its good to accumulate rather than losing our money.

[Mpamaegbu]

I'm one of those few people who believe that experience is a better teacher than knowledge, while hoping that my experiences don't turn out sour or bad. Whatever that happens directly to us is an experience that leaves an indelible mark on us. It's a better way to learn. Now that you've experienced it first hand that profit made can still evaporate if it's not taken off the table, I bet you won't allow that to repeat itself. In cryptos, it's not yet calculated as profit until it's taken out. Every veteran here will tell you that from experience. Next time, do a partial profit taking. You can take off 50% at a go and watch it run. If you're still not sure price will rise more, you can do another percentage taking like 20 or 30. That way, you won't lose.

[Issa56]

You don't have to be greedy when holding a coin, you shouldn't keep on holding a coin because of what people say, whenever you are holding a coin and you are in good profit, always make sure you take profit, you might just sell like half of the coin or you might sell the amount you invested and leave your profit but you should always make sure you take your profit.

[Smartvirus]

You know, greed is one emotion that is so difficult to tame for one that haven't experienced much loses and even at times, for those who did but failed to learn from there loses. To tame this, one needs to establish certain principles and live by them. There are those that sets a stop lose or take profit and should they monitor that its about to be hit, they adjust a little farther because of the little tips they want to get off the market.
It's one way to entertain greed and it could catch you when you least expected. Whole profiting, you could take put your capital and let the profit work for you. Humans are insatiable and that's a greed factor in everyone but your principles is all that could save you!

[dataispower]

You don't have to be greedy when holding a coin, you shouldn't keep on holding a coin because of what people say, whenever you are holding a coin and you are in good profit, always make sure you take profit, you might just sell like half of the coin or you might sell the amount you invested and leave your profit but you should always make sure you take your profit.

You can keep or hold coin that is relevant and any coin that is not relevant is not good to hold, before we talk of greedy in holding cryptocurrency we should ask of the quality of the coin if it is altcoins or bitcoin. Bitcoin is good to hold to any year you like because bitcoin always appreciate any annual.why altcoins is coin when we talk of greedy is were it manifest, if altcoins increase you and profit is being made you have to leave the market because altcoins appreciate some time and before it will appreciate again it will be like next two years. Altcoins is not suppose to hold for long time. Thanks you for the information, so this is scammers ways of taking away of our coins

[alik111]

That's why new users shouldn't trade before they have enough trading knowledge. Otherwise anyone can lose whole funds.So before doing any trade you must have knowledge about chart and project analysis.

[Issa56]

You don't have to be greedy when holding a coin, you shouldn't keep on holding a coin because of what people say, whenever you are holding a coin and you are in good profit, always make sure you take profit, you might just sell like half of the coin or you might sell the amount you invested and leave your profit but you should always make sure you take your profit.

You can keep or hold coin that is relevant and any coin that is not relevant is not good to hold, before we talk of greedy in holding cryptocurrency we should ask of the quality of the coin if it is altcoins or bitcoin. Bitcoin is good to hold to any year you like because bitcoin always appreciate any annual.why altcoins is coin when we talk of greedy is were it manifest, if altcoins increase you and profit is being made you have to leave the market because altcoins appreciate some time and before it will appreciate again it will be like next two years. Altcoins is not suppose to hold for long time. Thanks you for the information, so this is scammers ways of taking away of our coins

You are very correct, actually always advise most people to invest in bitcon, if you invest in bitcoin no matter how long you hold it your profit will be increasing but you know some people prefer investing in altcoins more than bitcon, those are the people that are not suppose to be greedy for too much gain, but if you invest in bitcon then you don't have problem.

[Blank-Head]

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.

Excellent advice and worthy of learning from your experience, in addition to what you have given, I would like to chip it after the profit stopped, could give you better options and opportunities.

[ShowOff]

What you need to know is that there are a lot of new projects regardless of whether they are NFT or other altcoins that you shouldn't keep too long when you know that ATH has been reached. You should take profits and turn them into whatever asset has more potential because to be honest you will only see a drop in price over time.

But if it's bitcoin, then you certainly won't be said to be greedy because so far only bitcoin has been able to maintain a consistent increase from time to time even though several other altcoin also exist. But you should also consider taking advantage if it's worth it to you.

[isaac_clarke22]

~

Actually many people are thinking like that. It is similar to my experience when I was trying my day trading in crypto. Without me experiencing losses that day, I would not be able to know that I am not suited for day trading. I kinda learned still the technologies like RSI and Bollinger Band though.
It might not be directly that my experience in day trading kept me moving forward, but still I did not gave up in how can I earn at least in crypto. I just took another route in short which was going for long-term.