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Author Topic: So much greediness in crypto - avoid.  (Read 3908 times)

Offline Master107

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So much greediness in crypto - avoid.
« on: March 17, 2021, 04:09:24 PM »
Somehow it might be good to become greedy if you are 100% sure to hit your set target price today or in the following days. Maybe some of us will celebrate while not yet reach the target. Do not celebrate too early if you didn't hold the trophy of sold. However, as the time elapsed there could be unexpected change during your assumptions to hit the high profit. Now, what you should do to avoid too much greediness? I think you need time to observe the movement and be contented even you've just got small/enough profit.

For you, why you need to avoid so much greediness in your crypto lifestyle?

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So much greediness in crypto - avoid.
« on: March 17, 2021, 04:09:24 PM »

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Offline Fawpac2

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Re: So much greediness in crypto - avoid.
« Reply #1 on: March 17, 2021, 04:44:46 PM »
It is not right to be greedy for cryptocurrency.  You will be satisfied with what you get.  Remember that you will sell or give up anything as soon as your target is met.  You should never expect to get more. Sometimes it happens that when the price of something goes up, we don't sell it and wait for the price to go up.  Later I saw that the price of the coin was not right and then it was sold at a lower price.  So go ahead with your goal in cryptocurrency.
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Offline MishaSER

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Re: So much greediness in crypto - avoid.
« Reply #2 on: March 17, 2021, 04:51:25 PM »
You know, I decided for myself this way, I will never know when the price will be at its peak, if I made a profit of 30%, I already start fixing.
Of course, it still very much depends on luck, no one knows which cryptocurrency will give x10-100. Usually such projects are in the shade and you find out about them too late.
If there are people who are sure then take risks, just do not risk all the money.
The pain of loss will cause you more suffering, you will be deeply depressed.

Offline Kseniya17

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Re: So much greediness in crypto - avoid.
« Reply #3 on: March 17, 2021, 05:10:16 PM »
I started trading with a small deposit, so I expected super profits and was mistaken. Now I believe that it is better to take a small profit than get nothing.

Offline Freemind

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Re: So much greediness in crypto - avoid.
« Reply #4 on: March 17, 2021, 05:16:12 PM »
Where there is money there are scammers, where there is money there are thieves, where there is money there is greed. It is something innate in the human being, and although I agree that greed should be avoided at all costs because it can be our bankruptcy, I also want to say that when greed comes close to you it is very, very difficult to get out of it. Unfortunately, only those who have fallen into greed have the ability to know how to get rid of it, it is a double-edged knife.
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Offline Octoalts

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Re: So much greediness in crypto - avoid.
« Reply #5 on: March 17, 2021, 05:32:28 PM »
That is human nature who is never satisfied with what he has got, always lacking and lacking. And in my opinion this does not only happen in Cryptocurrency, but almost all problems occur when it comes to money. But in this Cryptocurrency greed can actually bring big losses, because there have often been opportunities to gain profits lost because of this greedy nature.
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Offline gabbie2010

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Re: So much greediness in crypto - avoid.
« Reply #6 on: March 17, 2021, 05:34:33 PM »
I started trading with a small deposit, so I expected super profits and was mistaken. Now I believe that it is better to take a small profit than get nothing.
That was my mindset when I started trading cryptocurrencies I was always expecting a massive profits even though I was trading with a paltry coin until I realized that the more the investment the more the profit while waiting for a massive profits I ended gaining little or even nothing until I changed my mindset to take little profits and leave the market for another day I then gained some confidence in my trading

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Re: So much greediness in crypto - avoid.
« Reply #6 on: March 17, 2021, 05:34:33 PM »


Offline jhm

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Re: So much greediness in crypto - avoid.
« Reply #7 on: March 17, 2021, 07:39:30 PM »
For early adopters owning their bag, it's easier being less greedy. They are already up the most, even in bear markets. Greed exists, personally I'm not greedy and can compromise well

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Re: So much greediness in crypto - avoid.
« Reply #8 on: March 17, 2021, 08:50:17 PM »
Is bad for someone to be greedy of gain in the cryptocurrency market because in that case nobody wants to sell it's coins and tokens for a peanut price I think that's where greediness comes in for me greedy is also a sign of patience waiting for the price to increase more in the crypto currency market.
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Offline I-Bit

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Re: So much greediness in crypto - avoid.
« Reply #9 on: March 17, 2021, 11:23:09 PM »
It always happens to everybody the expectations and also willingness to get more and more without considering the risks of expecting more without any analysis. Basically, we should have certain targets based on our analysis on the recent situation. If it is enough to take profit just do it and then buy them when marketing correction. Never greedy by wanting more profits without analysis.

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Re: So much greediness in crypto - avoid.
« Reply #10 on: March 17, 2021, 11:27:32 PM »
i think greedness will lead you to lose your money exactly as what happend in 2017 and believe me its an ugly scenario,selling half of your profit is always a good  and wise move to do,thats my own opinion..

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Re: So much greediness in crypto - avoid.
« Reply #11 on: March 17, 2021, 11:37:33 PM »
Greediness without good knowledge will always make a loss. We always feel less and less and want to get more and more profits without considering the situation, it will lead us to lose more coins. That is why never greedy and make your own target for taking profits at first
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Re: So much greediness in crypto - avoid.
« Reply #12 on: March 17, 2021, 11:59:05 PM »
 Greed is a thing that destroys human life.  There is greed in people.  Some are excessive and some are less.  However, cryptocurrency cannot be coveted.  You will be more greedy for cryptocurrency and you will be caught and eaten at one time.  Always move forward with a specific target.  For example, if you want to sell something, it will sell for a certain amount.  Never gain higher.
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Re: So much greediness in crypto - avoid.
« Reply #13 on: March 18, 2021, 04:22:22 AM »
Too much greed brings regret later that i have witnessed in the past. Once i have 50k Kick worth 1 BTC, i hold for more profits but few months later i sold only 0.2 BTC. This is just an example. So, Taking profits and wait for new investment is good idea. Whenever you find profits in your investment, it should be taken and make cash with profits otherwise later you may regret that happened after 2017.

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Re: So much greediness in crypto - avoid.
« Reply #14 on: March 18, 2021, 04:31:18 AM »
Unmanaged greed can be the main reason why many retail investors with cryptocurrency are not getting the money they are hoping to get. Many people are not contented with getting a good return so many times they are dreaming to get 100x of the money they are investing with. Many times, it is good to take a good level of ROI than to risk for more and then be dismayed as the price of the coin and the token suddenly dumped. We are human beings, and we are naturally greedy, but we have to manage this as this can be producing more losses rather than profits.

 

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