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Author Topic: Traders Stop Being Greedy.  (Read 2641 times)
Shasha80
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June 29, 2022, 06:32:45 AM
 #181

No good trader invest all his funds at once and go in all. Only newbies do this. Trading involves that you do some research and check some pointers and plan how to invest and what to do if things don't go well or when to take profit. Anyone doing something else is extra-gambling with extreme risk.
Surely it will be very risky when a trader invests all his money and it is not the right decision,
maybe just a beginner but what is certain before investing is that traders do research for consideration,
it is important to minimize the risk
put all the money into a crypto investment, ah.. that's certainly too reckless action. especially if for a beginner, of course, there will be very minimal knowledge to choose assets. it was just an instinct used. it's more appropriate to just complain about his luck.
try your luck I believe it can be for a beginner in short trading or a long-term investment. but putting all the money of course is something stupid. even experienced people will not put it all.

Usually one of the reasons why a trader becomes greedy, it is because he sees other people can get rich by trading crypto and gets motivated.
The problem is they made the wrong decision, they think trading is easy and become overconfident by using all the money they have for
trading capital. Even though the reality is that getting rich from crypto trading cannot be obtained instantly, it takes a long process. Even need
to experience several losses first in order to understand how to trade well. Actually the main key so that our greed can be controlled, it is at least
we must have a good knowledge of the crypto world. So we know how the crypto market works, so we can devise an effective strategy and
of course finally we can understand how to use capital wisely.

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June 29, 2022, 09:04:39 AM
 #182

 I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink
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June 29, 2022, 12:22:14 PM
 #183

Those who are not doing any analysis are not a trader at all, they most likely a buyer and seller with no trading experience at all. Its ok to be greedy but have that trades using your own strategy and analyze the price trend first, usually traders don’t buy new tokens they wait for the trend to appear before buying. Being greedy is too risky, it can cost you a lot if you do it carelessly, have some time to reflect before buying anything, this is cryptomarket and this market is very risky and too volatile.

Most at times people apply their trading and skills from physical trading and marketing into the Cryptocurrencies space, is that really fair, would that give them any edge in the Crypto space ?
Greed is bad, and one will never make advances if they continue and make greed a top priority. Everyone should have a good limit and stop to trading.

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June 29, 2022, 03:25:08 PM
 #184

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink

mistakes in the past being the best teacher, an experience that should really make us able to avoid the same problem. It takes several tries to avoid the same problem, every trader has their own strategy, but what is certain is that avoiding losses is something that must be done. We also have to have control over the trades that are being made, lest the traders only get losses.

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palle11
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June 29, 2022, 10:55:53 PM
 #185

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink

It is a foolish man that makes same mistake often times. A wise man that's his correction or sick cancel. Trading is analysis based so watching the charts can help not to make same mistake but the reason for such mistake is like you said, greed. Sometimes we take high risk and hope on lucky but many times it fails.
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June 29, 2022, 11:49:13 PM
 #186

The ones who are most greedy in this cryptocurrency lose the most.Those who covet cryptocurrencies will never get anything good. The most serious proof is myself.I bought the BNB a long time ago. I bought and invested in BNB at the lowest price.When I invested, the price of each BNB was 32$ and then I bought and invested $44.I did not sell even when the BNB was rising to $687. There was a great deal of greed in me.I heard on different news channels that BNB will cross 1000 dollars. Then there was a lot of greed in me.And I haven’t sold so far I haven’t sold my BNB.From this greed I realized that greed destroys people the most.However, my advice is that none of you should be greedy by investing in cryptocurrency. Some profit will actually sell you your invested coins.

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June 30, 2022, 08:09:51 AM
 #187

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink

It is a foolish man that makes same mistake often times. A wise man that's his correction or sick cancel. Trading is analysis based so watching the charts can help not to make same mistake but the reason for such mistake is like you said, greed. Sometimes we take high risk and hope on lucky but many times it fails.
therefore it is better to keep a journal, so that we can evaluate previous mistakes and try to correct them. indeed sometimes discipline is detrimental so that it makes us disappointed, but there will be more benefits, especially during the bearish season, of course we must dare to cut losses, so this gives us the opportunity to find work areas again with healthy risks

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June 30, 2022, 12:46:30 PM
 #188

I've seen too many traders make a profit and then get GREEDY wanting more... then turn around ending profit into a loss. I’ve learned in bear markets is to do the OPPOSITE of what the majority of people do.
Don’t get greedy, learn from your lessons, don’t beat yourself up, and keep moving forward.

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June 30, 2022, 01:42:03 PM
 #189

Considering the elements of fear and greed, knowing when to exit the trade when the candle is green one of the toughest decisions for traders to make.  When greed is waiting on your shoulders. They lost profits and even end up with losses for being too greedy for more profits and deviating from their trading plan.

Personally, automating most of my trading process and using multiple Take Profit with Stop Loss with effective risk management options helps me stick to my trading plan and achieve consistency and discipline. One of the best parts of using automation is that it doesn't cost me a dime instead it helps me achieve long-term profitability.

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June 30, 2022, 02:10:54 PM
 #190

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink
The market is big and while to accommodate our weakness even at the worse time. Greed had made many successful traders losers because they forgot to be contented with what they have and how to manage what they have. Trading is all about winning and losing and what make a trader a winner is the numbers of winning and profits made during trading. You can trade and start making good profits but when we start experiencing greed or embrace greed, everything wi start grumbling gently with time.

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June 30, 2022, 07:31:05 PM
 #191

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink
The market is big and while to accommodate our weakness even at the worse time. Greed had made many successful traders losers because they forgot to be contented with what they have and how to manage what they have. Trading is all about winning and losing and what make a trader a winner is the numbers of winning and profits made during trading. You can trade and start making good profits but when we start experiencing greed or embrace greed, everything wi start grumbling gently with time.

You can be a winner once you already overcome your greediness, something that really hard to explain inside but not always

that particular attitude will lead you to lose your investment, but there's also time due to experienced and proper understanding that

kind of greed also gives you opportunities to earn higher than your expected profits.

Though it's not easy but possible by chance that you can also use it as tool while you are engaged with your trading activities,

always backup your strategy with alternatives that will let you break even or avoid burning everything in your wallet.
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July 02, 2022, 09:32:39 PM
 #192

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink
The market is big and while to accommodate our weakness even at the worse time. Greed had made many successful traders losers because they forgot to be contented with what they have and how to manage what they have. Trading is all about winning and losing and what make a trader a winner is the numbers of winning and profits made during trading. You can trade and start making good profits but when we start experiencing greed or embrace greed, everything wi start grumbling gently with time.
Human being is naturally greedy and having good control would really be varying on someones experience whether they would dive in or not on specific conditions and taking risk even more.
Set goals according to your targets and dont set or go beyond with those means. Trade and earn something according on your goals and if you do see some opportunity and some mix
of intuition then its up to you if you do put up more risk but of course you do know that securing profits is recommendable and if you do go far beyond due to greed then its not really
good but if you do see some opportunity then its not bad to consider as long you do accept the risk ahead.
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July 02, 2022, 11:24:31 PM
 #193

One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

I agree with you- sometimes it has something to do more than just the research. The problem with most people is that, they tend to be greedy in meeting their desired numbers and reaching for a specific profit threshold before they cash out, resulting to a more loss on their end.

Trading is extremely risky especially if you are new to this field. The risks involve in substituting your coins with other cryptocurrencies is just way too high to the point that profit may be compared to as of a bank teller. It is nothing but essential that you must always cash out your investments even if you see just a tiny profit on your end. The more you wait, the more you subject yourself to greater risk of your profit turning into a loss.

R


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July 03, 2022, 07:47:36 AM
 #194

I had to watch my whole wealth washing away due to my greed during the past years. The saddest thing is that I have never realized my profits to buy anything for my family or myself. But that was a learning phase anyway, mistakes and wrongdoings lead you to a new line of victories. Never ever do the same mistake.  Wink

It is a foolish man that makes same mistake often times. A wise man that's his correction or sick cancel. Trading is analysis based so watching the charts can help not to make same mistake but the reason for such mistake is like you said, greed. Sometimes we take high risks and hope for luck but many times it fails.
Most times people don't learn from their mistakes especially when it comes to trading,  they do not consider losing money as their own mistakes rather they see it as bad luck. The charts are for guidelines but your ability to effectively apply what is seen In the charts is the only way you can escape those occurring losses. Applying another strategy can also help to reduce losses in trading but many are ignorant of this and that's why they cry always. You can never stop losing if you don't let greed out of your mind.

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July 03, 2022, 10:14:02 AM
 #195

It is extremely important for traders to be confident. The less self-confidence - the more likely that a trader may make the wrong decision.
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July 03, 2022, 11:04:20 AM
 #196

Greed is a bad habit of some traders...
Greed is something that can turn your winning day to a lossing day...
Greed is something that will make you to increase your leverage with little capital...
Greed is something that will make you enter a trade that may require $100 risk with $1000...
Greet will make you enter the market again immediately after winning small without a cool off...
Say No to Greed and trade with caution.

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Mamun74
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July 04, 2022, 04:09:46 PM
 #197

It is extremely important for traders to be confident. The less self-confidence - the more likely that a trader may make the wrong decision.




Exactly, i Think when you start trading then you need to keep patience and It's important for trading. And you need to learn about trading from many article books and YouTube videos.Buy more important Which project do you invest and recherch. Greedy traders lost money in maximum trading. Don't be greedy in trading.
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July 04, 2022, 05:36:26 PM
 #198

Greed seems bad in everyone's view but you can't deny that thanks to greed, people are more likely to hold and push the price higher. You've to understand now all greed is bad since crypto has some form of greed in itself, attract investors thank to the 'get rich quick' scheme and exposing it to the mass public and social media.
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July 04, 2022, 08:17:31 PM
 #199

A huge majority of traders don't even know what they're doing in the first place outside of buying and selling based on news and people's opinions on current market sentiment, so telling them to stop being greedy is just as effective as trying to tell a gambler to stop gambling.
To be honest probably most of the comments on here regarding of the suggestion of trading is pretty much they don't use it, especially they don't implement their own words into real trading cases. If they are actually using their own post in real life, then it's good for them. But yeah, most of them just know about simple stuff like buying and selling for most aspects.

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Fatunad
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July 04, 2022, 10:56:30 PM
 #200

A huge majority of traders don't even know what they're doing in the first place outside of buying and selling based on news and people's opinions on current market sentiment, so telling them to stop being greedy is just as effective as trying to tell a gambler to stop gambling.
To be honest probably most of the comments on here regarding of the suggestion of trading is pretty much they don't use it, especially they don't implement their own words into real trading cases. If they are actually using their own post in real life, then it's good for them. But yeah, most of them just know about simple stuff like buying and selling for most aspects.
Its just common sense on where people would really be suggesting on the most ideal thing to be done which is mostly talking about on not to become greedy but you do really have that point
that people who do common suggest but some people do really miss out on doing so on what they have said into other people.We cant know but for sure there are people who do really miss
out on doing that. Being getting greedy is normal or something humans could really feel specially when dealing with money or something that do talks or in connection on making profit.
Cant really be avoided on some times but when you do get sufficient experience then you would really be able to get a good hold of it.

R


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