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Author Topic: Don't get greedy, Just take the already earned profit and leave.  (Read 20167 times)

Online taufik123

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #240 on: February 15, 2025, 05:49:43 PM »
-snip-
Finally, experience makes us remain calm and always consistent with the plans and strategies that we have set at the beginning. that's a common thing when we first get to know investing in crypto.
Experience is very important and it is a process that will shape a person to be able to survive various kinds of problems that will occur in trading.
It is not easy, but all of it needs to be lived and learned.

I myself started from the bottom and was completely blind to investing and trading,
but I started to learn slowly on my own and I know how the crypto market works.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #240 on: February 15, 2025, 05:49:43 PM »

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Offline enwi

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #241 on: February 15, 2025, 06:15:43 PM »
-snip-
Finally, experience makes us remain calm and always consistent with the plans and strategies that we have set at the beginning. that's a common thing when we first get to know investing in crypto.
Experience is very important and it is a process that will shape a person to be able to survive various kinds of problems that will occur in trading.
It is not easy, but all of it needs to be lived and learned.

I myself started from the bottom and was completely blind to investing and trading,
but I started to learn slowly on my own and I know how the crypto market works.
Indeed, every step that exists in the world of trading involves some or the other experiences which make a person all the more knowledgeable about the market. From the very beginning, nobody was born talented in all those aspects and the process of learning is a part of it. Beginning with nothing and then trying to figure it out on your own is a step that I can demonstrate good will and determination. As always, the more we learn, the more elasticity we get with respect to the different opportunities in the crypto market. It’s not always going to be easy but if we could be consistent we will see some outcome at some point. The best thing is to always learn to change and keep on practising so that we get better in making decision.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #241 on: February 15, 2025, 06:15:43 PM »

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Offline UNIVERSE

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #242 on: February 15, 2025, 11:36:52 PM »
Experience is very important and it is a process that will shape a person to be able to survive various kinds of problems that will occur in trading.
It is not easy, but all of it needs to be lived and learned.

I myself started from the bottom and was completely blind to investing and trading,
but I started to learn slowly on my own and I know how the crypto market works.
Absolutely, experience is very important in investment or in trading. Without experience, we may be unable to determine the right strategy. Of course, experience can't be obtained instantly, it takes process for years. Solving problems and facing the obstacles are the ways to gain experience. But we must survive if we want to have enough experience.

Everyone started from newbie level, brother. So, we all learn slowly and we may experienced many obstacles as well.


Offline Didia Sofunichi

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #243 on: February 16, 2025, 07:09:59 AM »
Success in trade requires se level of greed, traders who have made it very big today we're once greedy as they ignored warning signs and were ready to face what ever consequences emanating from their decision but at the end it paid off

Offline Didia Sofunichi

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #244 on: February 16, 2025, 07:12:04 AM »
I feel that greed is one problem in trading that can actually lead to unexpected losses. My advice is that, as a trader, always take that profit you have made. If, for example, you entered a position and it's really going in your direction, if you have seen a +$100-$500 profit, it's better to take it first.
Of course, greed always becomes the obstacle to succeed in trading. If we always feel greedy, we probably will end up with sever losses and missed the chance to gain good profits. I have experienced it several time, I failed to get good profits because I became too greedy. Sure, if we are in the right way to take profits around $100-$500, it is better to decide taking profits. There is no guarantee that we can get higher profits.

Well I agree with you, what I deduced from your coment is the importance of discipline. Discipline is key and traders should learn to exit the market when the ovation is still very much High

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #245 on: February 16, 2025, 12:40:34 PM »
Success in trade requires se level of greed, traders who have made it very big today we're once greedy as they ignored warning signs and were ready to face what ever consequences emanating from their decision but at the end it paid off
Greediness is really a bad attitude in trading, a lot traders do really have this greed and with time some separated from it while some get more attached to it which lead to a lot of loss. Avoiding greed and taking little profit you made will really keep your capital going rather than being greedy and ending up in loss.
Many new traders do really have these attitude of greed and it really doesn’t pay off well, sometimes it turns out well while most times it results into loss. Discipline will keep you growing and consistency will also keep you growing and going. so sticking to a schedule will bring a lot out for you and you will be successful.
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Offline doc

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #246 on: February 16, 2025, 02:18:07 PM »
Success in trade requires se level of greed, traders who have made it very big today we're once greedy as they ignored warning signs and were ready to face what ever consequences emanating from their decision but at the end it paid off
Greediness is really a bad attitude in trading, a lot traders do really have this greed and with time some separated from it while some get more attached to it which lead to a lot of loss. Avoiding greed and taking little profit you made will really keep your capital going rather than being greedy and ending up in loss.
Many new traders do really have these attitude of greed and it really doesn’t pay off well, sometimes it turns out well while most times it results into loss. Discipline will keep you growing and consistency will also keep you growing and going. so sticking to a schedule will bring a lot out for you and you will be successful.
your suggestion is quite good, because in trading we must be consistent and in accordance with the targets that we have determined. do not be greedy because it can eliminate the opportunity to gain profit.
We must have the right plan and strategy and not be greedy.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #246 on: February 16, 2025, 02:18:07 PM »


Offline Dr.Bitcoin_Strange

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #247 on: February 16, 2025, 04:45:28 PM »

Well I agree with you, what I deduced from your coment is the importance of discipline. Discipline is key and traders should learn to exit the market when the ovation is still very much High
I believe the major reason why most investors or traders fail to realize and acknowledge when the time is right to exit the market aid often due to greed. Greed can make one miss several opportunities all because they’re trying to aim for the larger profit. Trading is full of uncertainty and unpredictability, and that’s why it’s important to take whatever profit one sees at that moment, rather than waiting for an expectation that they are not even sure of.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #248 on: February 16, 2025, 05:52:04 PM »

Well I agree with you, what I deduced from your coment is the importance of discipline. Discipline is key and traders should learn to exit the market when the ovation is still very much High
I believe the major reason why most investors or traders fail to realize and acknowledge when the time is right to exit the market aid often due to greed. Greed can make one miss several opportunities all because they’re trying to aim for the larger profit. Trading is full of uncertainty and unpredictability, and that’s why it’s important to take whatever profit one sees at that moment, rather than waiting for an expectation that they are not even sure of.
Indeed. That's the reason why I used to always lose in trading because my tp is very far, so instead of making profit, I lost money. So our tp area should be realistic, not too far because the price may just return to our stop-loss. Because the market is very unpredictable, we don't know what will happen to the price in the next few hours, so the best thing to do is to take a profit in an area where the price usually go such as demand and supply, fvg's, or swing points.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #249 on: February 16, 2025, 07:38:04 PM »
Indeed. That's the reason why I used to always lose in trading because my tp is very far, so instead of making profit, I lost money. So our tp area should be realistic, not too far because the price may just return to our stop-loss. Because the market is very unpredictable, we don't know what will happen to the price in the next few hours, so the best thing to do is to take a profit in an area where the price usually go such as demand and supply, fvg's, or swing points.
It is good to have realistic expectations when trading or getting involved with any kind of investment, because when people set unrealistic expectations for their investments, it gives room for greed, because if the target is not met, they’ll refuse to take their profits. Just like you’ve stated, it’s important to take profit when you see it rather than waiting till you make 1000x before you take cos you might end up losing every single thing.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #250 on: February 16, 2025, 09:24:32 PM »
It is good to have realistic expectations when trading or getting involved with any kind of investment, because when people set unrealistic expectations for their investments, it gives room for greed, because if the target is not met, they’ll refuse to take their profits. Just like you’ve stated, it’s important to take profit when you see it rather than waiting till you make 1000x before you take cos you might end up losing every single thing.
You takes my words, that we must can expect the profit from the investment but we have to also agree with that we shouldn't expect anything unrealistic and if we do that then we should understand that time we were doing the gamble not the trading or investing.

I have seen lot's of people's who have high greed level and most of them when they goes for the crypto investment something like unrealistic back they all lose their all fund from there.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #251 on: February 17, 2025, 08:58:34 AM »
You takes my words, that we must can expect the profit from the investment but we have to also agree with that we shouldn't expect anything unrealistic and if we do that then we should understand that time we were doing the gamble not the trading or investing.

I have seen lot's of people's who have high greed level and most of them when they goes for the crypto investment something like unrealistic back they all lose their all fund from there.
Although we can’t deny the reality that sometimes greed can actually pay off in investments, but this isn’t always the case. It’s just like playing the lottery, you could play a hundred times and still haven’t won a single one, that’s how it is with taking way too much risks in investments, yes when/if it actually pays off, you’ll make some pretty great profits, but this form of seeking profit is dangerous and could make you lose more than you anticipated or even make you lose all your assets.

Offline omori

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #252 on: February 17, 2025, 11:46:12 AM »
You takes my words, that we must can expect the profit from the investment but we have to also agree with that we shouldn't expect anything unrealistic and if we do that then we should understand that time we were doing the gamble not the trading or investing.

I have seen lot's of people's who have high greed level and most of them when they goes for the crypto investment something like unrealistic back they all lose their all fund from there.

To make a profit is to be consistent and cold toward what you do.
So greed is not an option there - only your target should be your priority to work towards.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #253 on: February 17, 2025, 08:14:37 PM »
Although we can’t deny the reality that sometimes greed can actually pay off in investments, but this isn’t always the case. It’s just like playing the lottery, you could play a hundred times and still haven’t won a single one, that’s how it is with taking way too much risks in investments, yes when/if it actually pays off, you’ll make some pretty great profits, but this form of seeking profit is dangerous and could make you lose more than you anticipated or even make you lose all your assets.
Yeap, I have also face this situation and also have seen many professional traders who were doing trading for the years they also made big mistakes in trading and the causes of the mistakes is only they were in greed. Like I saw many professional trader made big investment on the luna coin when it crashing and as well see some doing future trade.
I will say most of them were in greed and for the greed they don't even do the good analysis before making the investment. So we have to stay aways from greed specially when we were in trading or investing in crypto.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #254 on: February 17, 2025, 09:20:50 PM »
-snip-
It’s not always going to be easy but if we could be consistent we will see some outcome at some point. The best thing is to always learn to change and keep on practising so that we get better in making decision.
Being consistent is very difficult because some people will stop when they keep failing without getting any results, the strategies used always fail.
Even though it is part of the process that will make anyone better, understand how trading works so that psychologically they are quite ready and only improve how the analysis is done so that profits can also be obtained.



Everyone started from newbie level, brother. So, we all learn slowly and we may experienced many obstacles as well.
Obstacles will be a challenge that needs to be broken through so that our trade level becomes higher.
If you don't try to break through these boundaries, it's meaningless.
Starting from a beginner and learning slowly with consistency and confidence then there will be some improvements that will make you end up profiting.

 

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