So much greediness in crypto - avoid.

[mahid]

You have to keep our goal fix in cryptocurrency. Most of the time we make this mistake so we can't reach the set goal easily. We should buy an asset and pay its reasonable price. Don't try to reach in one night. That should not be allowed in crypto currency. If you do that you will loss everything.

[nicecrypto]

You have to keep our goal fix in cryptocurrency. Most of the time we make this mistake so we can't reach the set goal easily. We should buy an asset and pay its reasonable price. Don't try to reach in one night. That should not be allowed in crypto currency. If you do that you will loss everything.

When you say " Don't try to reach in one night. That should not be allowed in crypto currency. there is no rule or law telling no one what you should or should not do when it comes to your investment but it is the sole responsibility of the investor to make this decision by themself, so if they loss that is their own responsibility.

[Freemind]

@nicecrypto I think saying that is not bad advice. We agree that we own our failures and our successes, but listening to others, although ultimately we are the only ones who must decide, is not a bad idea, I like to listen, but let no one decide for me.

[nadyn]

We must remove greed from our lives, this is not only with regards to crypto. But if we talk about the market, only a bright head without emotions can help to achieve good results. Use the tools that you are confident in and set goals, after reaching which you set new ones.

[Andruha1993]

I am always glad to receive any profit, even if it is very small. Because many do not know how to enjoy the little things and only want more.

[Bony11]

The cryptocurrency market should not be overly greedy. It is seen that many times we are waiting for the price to rise without selling any token in the hope of extra profit.  But it can be seen that the price goes down later.  It should be sold knowing the condition of the regular market.  Because from waiting in the hope of extreme greed.  It is seen that nothing is available at any one time.  So I think it's better to have a little something than to have nothing.

[Fivestar4everMVP]

I personally have ones or twice(if I can still remember) been a victim of greed and it sure taught me a bitter lesson, for the one I can remember vividly was way back in 2016, I bought a coin called emc2, it was a very popular coin back then, but to cut the long story short, I didn't have much money back then so I only bought about 15 or 20 dollar worth, it was also cheap, I held and in about a month, the coin started going up, my 20 dollars turned to over 300 dollars in just a space of 2 going to 3 days, I wanted to sell and take my profit but unfortunately for me, greed set in, I started to want more and I said I would wait for 500 dollars, 500 dollars came, i decided to wait for 700 dollars, 700 dollars came, I was happy and decided to wait for 1000 dollars, it rose to about 780 dollars and things began to change, it began to go down quickly, I thought it will come up again but after 2 days, my 780 dollars was Already down to about 120 dollars, I ended up selling at 96 dollars, I was so pained that I swore never to make that kind of mistake again.

[Stuart]

Anything concerning greed is never good in handling things properly. Being greedy could lead to one losing everything and that is no good. For instance, when a coin is due for sale and has some good profits that can be taken out, one ending up wanting more, and end up losing everything. I come to understand that the little profit that comes out from crypto or any other form of investment that exits (though non is like crypto coins), take it out and wait for the next buying trend. Instead of losing all, take the little profit, that's my summary of it all.

[Tristanerus]

be contented even you've just got small/enough profit.

I quite agree of this statement because no matter small penny you have get from investing or make money from bounty activities atleast you earned.

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

To avoid regret in last and continue earned profits from cryptocurrencies, particularly in trading.

[MrSpasybo]

The crypto market is characterized by high volatility, for example BTC price has been continuously correcting to 25-30% during this bullrun, and many have high expectations for the market's growth. They do not know that sharks & whales have always controlled this game and any expectation or prediction has only relative value.
Therefore, when the price falls we expect it to rise again, when the price goes up we want it to continue to rise. There is no stop loss, no take profit point - many people have lost 90% of their assets for that reason.

Greed is human in nature, it is also the motivation for us to work harder, but we need to control it to protect our property.

[Raqeebzy]

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?

Some ethics need to be developed to make profits and develop in crypto. Being less greedy is a very hard thing to do in a very profitable industry as such, yet it is very important. Greediness in crypto can't ever end well in any type of dimension. It is in the human nature but it needs to be controlled too to avoid or minimize loss rate.

[gotbounty]

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

Greediness can make you fail to reach the optimum target. It also happens in crypto investment, if you are too greedy, you may regret it after you missed the best time to take big profits. I prefer to not greedy in crypto investment, also to reach the target in trading, it can make you experienced bad things.

[sampoerna]

There will never be good if we are greedy in cryptocurrency. Greedy means that we never feel satisfied with the achievement at the current time. Sim we are waiting for more ad higher price again. ANd when the price suddenly going back down, we are panic and then sell for the coins. That is bad

[Ghozrd]

I have a specific target for coins like BTC and Ethereum to sell, for me 10 to 100% profit will be obtained from new altcoins that have good products, I will sell new altcoins if the price gives me 10% profit, not much profit I am targeting and I think that's enough

[Master107]

You have to keep our goal fix in cryptocurrency. Most of the time we make this mistake so we can't reach the set goal easily. We should buy an asset and pay its reasonable price. Don't try to reach in one night. That should not be allowed in crypto currency. If you do that you will loss everything.

When you say " Don't try to reach in one night. That should not be allowed in crypto currency. there is no rule or law telling no one what you should or should not do when it comes to your investment but it is the sole responsibility of the investor to make this decision by themself, so if they loss that is their own responsibility.

In short patience is a virtue in or outside crypto. Being responsible enough to understand what you are dealing with is necessary to anticipate the malfunction strategy in unexpected condition. We are responsible to manage and multiply our asset as much as possible. But we need patience and proper understanding to implement and catch the set goal/target.

BTW, each will handle every possible result whether win or failure. So let us play crypto investment or trading in the proper approach with tough and clear mentality.