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Author Topic: Traders Stop Being Greedy.  (Read 2641 times)
sovie
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July 23, 2022, 10:02:33 PM
 #221

The best option to be more confident is to have enough experience. To do this, I tried to work longer on the demo account of the Amarkets broker in order to have more experience and knowledge.
I think you need to have good confidence before doing anything. If you don't have any confidence before doing anything, you will never be successful. Think carefully before doing anything.  Once he starts, he should never pull back from him.

When you gain enough knowledge about trading, your confidence level will increase. Most of the traders who have been trading in the market for a long time have come to the market with trading knowledge before taking entry into live trading. If you come to trading in the market with confidence without knowing well about the market, then it will become over confidence. So you have no other option to enter the market with confidence.
Money game is a strange game - we keep running after it - and we forget all the trouble which we create for the others.
And one day we are all gonna die. Leaving all the things behind. It's good to have love for money alongside - have love for the people too.

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milewilda
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July 23, 2022, 10:52:17 PM
 #222

The best option to be more confident is to have enough experience. To do this, I tried to work longer on the demo account of the Amarkets broker in order to have more experience and knowledge.
I think you need to have good confidence before doing anything. If you don't have any confidence before doing anything, you will never be successful. Think carefully before doing anything.  Once he starts, he should never pull back from him.

When you gain enough knowledge about trading, your confidence level will increase. Most of the traders who have been trading in the market for a long time have come to the market with trading knowledge before taking entry into live trading. If you come to trading in the market with confidence without knowing well about the market, then it will become over confidence. So you have no other option to enter the market with confidence.
Money game is a strange game - we keep running after it - and we forget all the trouble which we create for the others.
And one day we are all gonna die. Leaving all the things behind. It's good to have love for money alongside - have love for the people too.
All of us do knows that we do die and you are just taking things too personal and its true that there's no permanent on this world and the love on searching for money? You cant really
remove it on someones desire on earning money no matter what kind of way or path they would be taking and that would really be resulting on being greedy but we know that  there are people
who are really that good on controlling themselves on being greedy too much on such scenarios because they are aware that too much greed wont really be giving out positive outcome.
Trading is a hard thing to sustain considering that you are dealing with unpredictable market then it is really not a good idea on making yourself prone in too much errors and mistakes.

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July 23, 2022, 11:18:47 PM
 #223

Cryptocurrency is something that automatically arouses greed among people Why not get greedy where you invest a small amount of money and then see your money grow tenfold.Here you will definitely benefit people will wake up.And what this greed has done in cryptocurrency they could never do anything good.I myself have seen that I have lost many things in life by being greedy.Especially when it comes to trading platforms, one can never be too greedy and only give up a small amount of profit The trading platform is very sensitive and if you get greedy, you will lose everything.

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LastKiss
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July 24, 2022, 12:36:06 AM
 #224

~snip
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.
~snip~

I agree many new traders want to earn fast money in this crypto space since many people told them earning in crypto is easy, trading in crypto is easy and many sh*t traps they spread to new people who don't understand the risk in this crypto space, people should have a mindset that they can't easily be earning 4-5 ROI in short of time. And I think crypto has more risk rather than stock and other investment instruments.


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taufik123
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July 24, 2022, 03:13:35 PM
 #225

Greed is a natural trait shared by all humans and this is a natural thing, but we must be able to control it. When greed in trading is too excessive, it will certainly be very bad for trading.

this is the reason why it is necessary to set the strategy first, do financial management before trading, and must be disciplined with the initial strategy that has been made.

When the target price has been reached that is the end, don't do anything stupid and don't take profit when the target price has been reached. When the price dumps and panics it will be a loss and sell at a low price.

The image below will probably explain how the emotions of greed and fear affect when trading.
sovie
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July 24, 2022, 10:41:15 PM
 #226


All of us do knows that we do die and you are just taking things too personal and its true that there's no permanent on this world and the love on searching for money? You cant really
remove it on someones desire on earning money no matter what kind of way or path they would be taking and that would really be resulting on being greedy but we know that  there are people
who are really that good on controlling themselves on being greedy too much on such scenarios because they are aware that too much greed wont really be giving out positive outcome.
Trading is a hard thing to sustain considering that you are dealing with unpredictable market then it is really not a good idea on making yourself prone in too much errors and mistakes.
Sometimes lust for money takes us to nowhere. We loss peace of mind and our health.
It's good to learn to live with in the means and gamble less and try to invest in the things which are productive and more stress free.

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July 24, 2022, 10:50:39 PM
 #227

Sometimes lust for money takes us to nowhere. We loss peace of mind and our health.
It's good to learn to live with in the means and gamble less and try to invest in the things which are productive and more stress free.
It's part of life. Everyone wants to make as much money as we can and that can be seen in trading and investing in the crypto market. No matter how good you are in both of those, you will have that time that you'll find yourself greedy because it has to be done with what you think is the right thing to do. But having the experiences, you'll realize that it's never been a good feeling and thought when you're in the market because instead of making, you'll attracting yourself into losing more.



 

 

 

 

 

 


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sovie
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July 25, 2022, 04:50:11 PM
 #228

Sometimes lust for money takes us to nowhere. We loss peace of mind and our health.
It's good to learn to live with in the means and gamble less and try to invest in the things which are productive and more stress free.
It's part of life. Everyone wants to make as much money as we can and that can be seen in trading and investing in the crypto market. No matter how good you are in both of those, you will have that time that you'll find yourself greedy because it has to be done with what you think is the right thing to do. But having the experiences, you'll realize that it's never been a good feeling and thought when you're in the market because instead of making, you'll attracting yourself into losing more.
Very valid point you have mentioned - life is a blend of ups and downs.
We make so many mistakes in our life yet we are hardly broke if we are on the right path. I think one should have a want for money but not on the shoulder of other. Or not by harming others.

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Hamphser
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July 25, 2022, 08:37:53 PM
 #229

It's part of the game. Most traders are here to make money so it is all greed to start with. However, I do agree that it is a smart strategy to trade coins you are familiar with. With time you start getting familiar with their volatility. Trading is extremely risky right now since we're currently in a down trend. I've been trading less and investing more long term. When things start to go more on an up trend I will start short term trading again. However, I've been profiting short term by arbitraging. Simultaneously buying and selling a coin in two different exchanges. I use the Coin Arbitrage platform and am able to find opportunities daily to profit. I highly recommend it. Check em out: https://coinarbitrage.biglink.to/signup

Seeing on your negative feedback then its no surprise that you are just a referral spammer and you should really stop on giving out bad advices specially on arbitraging because it is something that cant really be

easily done even if you are using up some bot.Why? there are lots of factors which do affect someones profitability and also you are really in high risk specially on dealing with those unknown exchanges which
you cant even assure nor secure yourself that you are really dealing with legit ones and wont be experiencing problems.

Its not impossible though but chances on making profits is less but honestly this is one of the easiest on making profits with lesser risk
but finding opportunities doesnt really come often.

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Newlifebtc
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July 25, 2022, 10:05:54 PM
 #230

Greediness is what is making some people Toulouse the money currency in investment so I believe that a plan of action out then you refused to cash out that. Then your money will be in trouble so they are for any person who is Vito cryptocurrency don't have to be greedy in life the greediness in cryptocurrency

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batang_bitcoin
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July 25, 2022, 11:16:15 PM
 #231

Sometimes lust for money takes us to nowhere. We loss peace of mind and our health.
It's good to learn to live with in the means and gamble less and try to invest in the things which are productive and more stress free.
It's part of life. Everyone wants to make as much money as we can and that can be seen in trading and investing in the crypto market. No matter how good you are in both of those, you will have that time that you'll find yourself greedy because it has to be done with what you think is the right thing to do. But having the experiences, you'll realize that it's never been a good feeling and thought when you're in the market because instead of making, you'll attracting yourself into losing more.
Very valid point you have mentioned - life is a blend of ups and downs.
We make so many mistakes in our life yet we are hardly broke if we are on the right path. I think one should have a want for money but not on the shoulder of other. Or not by harming others.
Well, if you're doing the right process you don't really want others to intervene in what you do and if you're testing out, it's only you that should experience the consequences. Harming others in a way like using their money for your experiences in trading and that could lose them money is really a harmful idea. Sometimes thoughts like this are being built up and just a matter of concern will change your mind as if you don't really care about them. A reminder would be fine to think that you shouldn't be that type of trader or investor, remove greediness and you'll be fine with your trades and decisions.



 

 

 

 

 

 


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July 28, 2022, 01:11:42 PM
 #232

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.
No body is against you buying and holding as the case may be but what do you do once the market is favourable to you will you also time goes on. Do you keep investing instead of selling then making your profit? You can make it but have the mind of maximizing profit.
 
If you are modestly hoping to make a profit then you have the potential to lose here.You should bet with a specific idea.You should have in mind how much profit you will not citysell.  And if those who invest for long term then you have to wait for a long time and sell them when you see profit.


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sayaya17
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July 28, 2022, 01:56:02 PM
 #233

Greed is sti the major problem of investor in this time of the dip market because most of the traders that are in loses now especially those that are holding one of two coins may be trying there best to trade more to make good profits than to trade with there strategies. This had made some traders trade more than what or how they ought to trade. Trading now is becoming more of a greed than strategy that is needed to be applied.

Greed is a human nature that is very difficult to get rid of. Therefore, many traders or investors suffer losses simply because they are unable
to control the greed that exists within them. Therefore, it is very important that we have careful planning when deciding to trade. We don't need
to be obsessed with big profits when trading, no matter how small the profit we make if we accumulate it will be big too. Especially in a bear
market situation like now, we have to be careful when trading, especially when trading altcoins we must immediately take profit if it is true that
we have made a profit. Do not delay taking profit just because we want to make a slightly bigger profit.

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virasisog
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July 28, 2022, 04:24:43 PM
 #234

Greed is sti the major problem of investor in this time of the dip market because most of the traders that are in loses now especially those that are holding one of two coins may be trying there best to trade more to make good profits than to trade with there strategies. This had made some traders trade more than what or how they ought to trade. Trading now is becoming more of a greed than strategy that is needed to be applied.

Greed is a human nature that is very difficult to get rid of. Therefore, many traders or investors suffer losses simply because they are unable
to control the greed that exists within them. Therefore, it is very important that we have careful planning when deciding to trade. We don't need
to be obsessed with big profits when trading, no matter how small the profit we make if we accumulate it will be big too. Especially in a bear
market situation like now, we have to be careful when trading, especially when trading altcoins we must immediately take a profit if it is true that
we have made a profit. Do not delay taking profit just because we want to make a slightly bigger profit.
Greed could ruin our strategies, goals, and decisions in trading. Temptations of greed are everywhere in the crypto industry since the opportunity to make a profit is here. So we must have a proper mindset before we trade. The right planning and setting target goals will help so we can control greediness which is normal especially if we're aiming for financial freedom but we have to control ourselves and know our limits.
TheGreatPython
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July 28, 2022, 09:56:54 PM
 #235

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.
No body is against you buying and holding as the case may be but what do you do once the market is favourable to you will you also time goes on. Do you keep investing instead of selling then making your profit? You can make it but have the mind of maximizing profit.
If you are modestly hoping to make a profit then you have the potential to lose here.You should bet with a specific idea.You should have in mind how much profit you will not citysell.  And if those who invest for long term then you have to wait for a long time and sell them when you see profit.
Well losing is always there. It's a part of the game but being modest is much better than being too hasty or greedy as that could double or even triple the risk. Not all have an idea, that is why some are seeking for others but this was fine since there are those who are more experienced than us but you should only bet an amount that you are willing to lose.

Agree that its better to stick on our plan like if we decided to be a long term hodler then we should not get distracted. To be able to do that, we may need quit on looking at our portfolio so that we won't see the price and then not logging online so that we won't see the news. We will only come back after some time.

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July 29, 2022, 02:47:55 PM
 #236

Greediness is what is making some people Toulouse the money currency in investment so I believe that a plan of action out then you refused to cash out that. Then your money will be in trouble so they are for any person who is Vito cryptocurrency don't have to be greedy in life the greediness in cryptocurrency
Greed is a very bad thing in crypto market if you are greedy then you will face big problem I think if you are greedy then you will lose everything in crypto market you have to keep calm and take your one target like this if you can edit then you  Survive in the market and if you target the market then you will face many problems


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sovie
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July 30, 2022, 10:20:27 AM
 #237

Greediness is what is making some people Toulouse the money currency in investment so I believe that a plan of action out then you refused to cash out that. Then your money will be in trouble so they are for any person who is Vito cryptocurrency don't have to be greedy in life the greediness in cryptocurrency
Greed is a very bad thing in crypto market if you are greedy then you will face big problem I think if you are greedy then you will lose everything in crypto market you have to keep calm and take your one target like this if you can edit then you  Survive in the market and if you target the market then you will face many problems
Has anyone read Christopher Marlowe Dr Faustus. Where he has mentioned that Greed in one of the greatest sins and can eat the greedy person and the one around him. However it's good to to live with in your mean and hold your lust and enjoy the life.

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rby
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July 30, 2022, 03:24:15 PM
 #238

Greediness is what is making some people Toulouse the money currency in investment so I believe that a plan of action out then you refused to cash out that. Then your money will be in trouble so they are for any person who is Vito cryptocurrency don't have to be greedy in life the greediness in cryptocurrency
Greed is a very bad thing in crypto market if you are greedy then you will face big problem I think if you are greedy then you will lose everything in crypto market you have to keep calm and take your one target like this if you can edit then you  Survive in the market and if you target the market then you will face many problems
Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

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Raflesia
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July 30, 2022, 06:22:12 PM
 #239

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.
What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

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strunberg
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July 30, 2022, 11:06:02 PM
 #240

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.
What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.
high ambition and greedy was totally different in my opinion. high ambition was setting high goal to achieve and it step was stage by stage, but greedy want to achieve our goal only in short term and didnt need any stage.  every traders or investors in crypto market must have both of these. by having ambition or greed we have good goal that need to achieve with several way.


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