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Author Topic: Don't get greedy, Just take the already earned profit and leave.  (Read 20118 times)

Offline dekafee79

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #180 on: March 30, 2024, 05:07:33 PM »
I'm also confused about what is said to be greedy in crypto, because basically we have a target to make a profit, at least we target a profit of at least 10% of the purchase price even if the capital is large, if the capital is small 50% of the profit only then can you feel the profit.
Likely limitation target profit raise above 10% is not greedy in trading and realistic with the percentage profit want to earn, difference position when earning profit more than 50% but keep hold could be greedy and want to earn much profitable raise up to 300% or 500%. Many trader loss much money in trading because can't control with their greedy emotion, after getting profit around 5% to 10% but not have ideas for taking profit and keep holding with their expecting will up to 100% but have to get fact with coins dropping and loss opportunity to earn 10% profitable.
I take profit with some coins when trading around 10% and seems enough for securing my capital not becoming long term holding.

Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #180 on: March 30, 2024, 05:07:33 PM »

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Offline DAMKAR

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #181 on: April 06, 2024, 05:28:14 PM »


Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.
Greed will not allow us to take profits rationally, we will be faced with the dilemma of selling when prices are high, but emotions want more profit without clear analysis. the end result is that when the price drops, we will lose

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #181 on: April 06, 2024, 05:28:14 PM »

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Offline Rubel007

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #182 on: April 06, 2024, 09:37:53 PM »


Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.
Greed will not allow us to take profits rationally, we will be faced with the dilemma of selling when prices are high, but emotions want more profit without clear analysis. the end result is that when the price drops, we will lose
What you say is absolutely true. Those who want to sell at higher prices do not get it and those who want to buy at lower prices they do not  do that. But in this case I think only those who can keep their greed in control can survive in  that position. Sell when the price rise and buy when the price go down. When a trader is affected by greed, they will begin to diverge.

Offline pacar_tiri

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #183 on: April 07, 2024, 04:03:55 AM »


Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.
Greed will not allow us to take profits rationally, we will be faced with the dilemma of selling when prices are high, but emotions want more profit without clear analysis. the end result is that when the price drops, we will lose
What you say is absolutely true. Those who want to sell at higher prices do not get it and those who want to buy at lower prices they do not  do that. But in this case I think only those who can keep their greed in control can survive in  that position. Sell when the price rise and buy when the price go down. When a trader is affected by greed, they will begin to diverge.
This is because cryptocurrency price movements on exchanges cannot be predicted easily, all price movements can occur spontaneously. Except when there is good or bad news, it usually has an immediate impact on cryptocurrency prices. That is why when trading we must be able to control our emotions so that we are not easily influenced by any conditions that can harm us.

Offline Mr. Magkaisa

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #184 on: April 07, 2024, 09:15:32 AM »
       -   Even though greed is part of the problem, it is always present in our concerns. So the only thing we can really do is not allow it to enter our lives or anything we do. Like trading here in crypto, if you have income, don't expect more.

It's hard for us to regret it in the end, because once we make another profit from trading, even though we know we've made a profit but we haven't exited yet, that means greed has entered for sure; that's guaranteed. I hope we can overcome such scenarios in our lives.

Offline bitbit97

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #185 on: April 07, 2024, 10:23:07 AM »
If it is not about greed, but why should I be happy to take little and now, when I can wait (hold) and get more? That is somehow a wrong vision of a situation. When we are at school, we dont do test do get C and that is enough, we do maximum of tasks and hope to get A+. Not everyone who hold or trade, do it for sake of greed, because it is never enough. What if there is goal, a final aim, and we just wait for that milestone to be achieved?

For example I have some of my BTC that I have purchased when their price was around 20k. I hold them not because I am greedy and 69k today is not enough for me. I just hold it because 1) I dont need that money right now 2) I set a plan to sell few at 100k.
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Offline dekafee79

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #186 on: April 07, 2024, 02:22:12 PM »

This is because cryptocurrency price movements on exchanges cannot be predicted easily, all price movements can occur spontaneously. Except when there is good or bad news, it usually has an immediate impact on cryptocurrency prices. That is why when trading we must be able to control our emotions so that we are not easily influenced by any conditions that can harm us.
That is the most important thing as a trader, you must be able to control your emotions. because many traders experience big losses due to bad emotions such as greedy and fear. And it will always be there when we invest. We must be able to manage our emotions

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #186 on: April 07, 2024, 02:22:12 PM »


Offline Chilwell

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #187 on: December 21, 2024, 02:02:08 PM »
Greed is a common weakness among traders, causing them to be swayed by emotions and leading to significant losses. Many traders struggle with being content with their earnings, but it's essential to manage and consolidate profits, rather than risking everything due to greed.

By being mindful of this pitfall, traders can avoid losing both their profits and capital. A disciplined approach, focusing on sustainable gains and risk management, is crucial for achieving long-term success in trading.
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Offline doc

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #188 on: December 21, 2024, 06:14:35 PM »
Greed is a common weakness among traders, causing them to be swayed by emotions and leading to significant losses. Many traders struggle with being content with their earnings, but it's essential to manage and consolidate profits, rather than risking everything due to greed.

By being mindful of this pitfall, traders can avoid losing both their profits and capital. A disciplined approach, focusing on sustainable gains and risk management, is crucial for achieving long-term success in trading.
Actually being a trader must always focus on the targets and initial plans so as not to get caught up in greed when they see the passar trend up and forget their targets, to lose the opportunity to benefit because the crypto market is fluctuating.
For those who have been invested for a long time in Crypto and have experience can more easily control this emotions, but for New Bies it will be difficult.

Offline enwi

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #189 on: December 22, 2024, 09:04:39 AM »
Greed is a common weakness among traders, causing them to be swayed by emotions and leading to significant losses. Many traders struggle with being content with their earnings, but it's essential to manage and consolidate profits, rather than risking everything due to greed.

By being mindful of this pitfall, traders can avoid losing both their profits and capital. A disciplined approach, focusing on sustainable gains and risk management, is crucial for achieving long-term success in trading.
Actually being a trader must always focus on the targets and initial plans so as not to get caught up in greed when they see the passar trend up and forget their targets, to lose the opportunity to benefit because the crypto market is fluctuating.
For those who have been invested for a long time in Crypto and have experience can more easily control this emotions, but for New Bies it will be difficult.
Emotional regulation is one of the ways that traders should ensure that consistent decisions are made when trading. This way, when we lag behind this fast moving market, we leave room for evaluation even though we stick to the initial plan made. This is one of the ways of minimising on the kind of hasty decision which affects the long-term outcome. The first situation shows the necessity of developing this habit which, of course, requires some time for evaluation and practice and, as a result, the skill of controlling will be developed. Each successful endeavour and each misadventure is a beneficial learning experience that helps it to grow wiser on the market. Affordability of tiny and steady measures are always the cornerstones of growth towards a more assertive and relevant trader.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #190 on: December 22, 2024, 11:12:42 AM »
Greed is a common weakness among traders, causing them to be swayed by emotions and leading to significant losses. Many traders struggle with being content with their earnings, but it's essential to manage and consolidate profits, rather than risking everything due to greed.

By being mindful of this pitfall, traders can avoid losing both their profits and capital. A disciplined approach, focusing on sustainable gains and risk management, is crucial for achieving long-term success in trading.
Yes, It will be best decision for us in crypto currency would. Because we know that greedy is very harmful for any person in crypto currency market. Because we know that trading and investing will be must depending on your prefer knowledge in cryptocurrency world. Because we know that cryptocurrency market is always depending on up and down, so if we want to get best profit from this situation we must know in crypto currency market. Because awareness will be best helpful for earning best profit from cryptocurrency market.
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Offline DragonF

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #191 on: December 24, 2024, 05:28:18 PM »
Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.

Greed and trading do not go together because greedy traders find it difficult to withdraw their profits because they are constantly seeking more profits. These traders constantly reinvest profits because they seem insignificant to them, and as a result, they lose nearly everything. Traders should not expect a large margin between capital and profit.

However, I understand that some traders may not be greedy, but they have a long-term goal and are not in a hurry to take the small profit available until the maturity time they have set for themselves. In my opinion, traders who are merely adhering to an investment plan—which is also ideal for a trader—are not greedy.

Offline _act_

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #192 on: December 24, 2024, 06:49:52 PM »
Greediness is not what will make others to leave, instead they will always want to gamble the more and earn more, because they are interested in having fun and want to get it more often and earn more, but gambling isn't like that in some cases, because we don't know what it may turned to be at the end after which we have played the game we wanted to, some could manage to increase their chances for winning while some may not because they are not being greedy.

Offline dekafee79

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #193 on: December 24, 2024, 11:03:05 PM »
Greed will make people lose, if you already have a target of 10%, you should immediately sell and take the profits. but if you target 50-100% it depends on the coins you have, if it's a new coin or a meme coin, if you buy at the beginning it's possible you can achieve your target. but do your analysis well.

Greed and trading do not go together because greedy traders find it difficult to withdraw their profits because they are constantly seeking more profits. These traders constantly reinvest profits because they seem insignificant to them, and as a result, they lose nearly everything. Traders should not expect a large margin between capital and profit.

However, I understand that some traders may not be greedy, but they have a long-term goal and are not in a hurry to take the small profit available until the maturity time they have set for themselves. In my opinion, traders who are merely adhering to an investment plan—which is also ideal for a trader—are not greedy.
Everyone who invests in crypto must have a target and a plan, avoid greed because it will make us lose the opportunity to make a profit. Many people lose the opportunity to make a profit because they are greedy to get a bigger profit and this requires knowledge and experience in making decisions. If you make the wrong analysis and the market moves down, we will lose that opportunity.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #194 on: December 25, 2024, 12:52:28 AM »
Have been human nature with greedy exactly their trading position earn much profitable, but I have bad experienced with greedy make me loss all much profitable with altcoin holding. Must take the already profitable earn or if believing with coin get potential raise more higher price take profit around 50% of assets and left amount hold it.
Actually I won't make the same mistake any more after many coins losses much profitable with greedy and not take profit as soon possible when getting chance.
Get limitation amount for taking profit in trading or investing, if some one get greedy will blame for taking profit until their disappointed one day later after price returning down.
As a human being then the more the better and if we do see the opportunity on making money then we will really be diving into it even if it means that it does involved that more risks on which this is a normal approach as a trader. Its important that you do really know on what you've been dealing into so that at the time that you will be having such bad experiences then you do expect for these outcomes but its true that we should be able to control our self greed because this is what usually that makes us put up on bad situation due into this kind of situation but of course if you can take on the risks then go ahead and try it out because you wont be having any progress or opportunity on making money if you cant risks out on taking up such action.

 

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