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Author Topic: Don't get greedy, Just take the already earned profit and leave.  (Read 20083 times)

Online DavetJack

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #300 on: February 24, 2025, 06:54:19 AM »
I always follow market trends in trading. And avoid greed that makes us not focus on trading, we must always have the right plan and trade according to the plan and strategy that we have made, don't be greedy. because greed will destroy our lives.
Greed is indeed the thing that causes most traders to experience losses or failure to make a profit. Although there are also those who because of greed they get big profits, this is just luck because it rarely happens. And yes, it is very important to stick to the analysis and plans that we have made or prepared carefully. We also have to be clever in controlling risk in trading itself. Because with good risk management we can minimize losses.

Greed is a real asset, it is more or less present in everyone, but we have to control this greed, we have to learn to avoid it. Yes, it is true that people can make a good profit from what we do, but it happens for a limited time. Later, we have to lose everything because of that person. So I would say that if we are trading, we have to avoid that person, control ourselves and invest for the long term.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #300 on: February 24, 2025, 06:54:19 AM »

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Offline Uruhara

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #301 on: February 24, 2025, 11:57:11 AM »
I always follow market trends in trading. And avoid greed that makes us not focus on trading, we must always have the right plan and trade according to the plan and strategy that we have made, don't be greedy. because greed will destroy our lives.
Greed is indeed the thing that causes most traders to experience losses or failure to make a profit. Although there are also those who because of greed they get big profits, this is just luck because it rarely happens. And yes, it is very important to stick to the analysis and plans that we have made or prepared carefully. We also have to be clever in controlling risk in trading itself. Because with good risk management we can minimize losses.

Greed is a real asset, it is more or less present in everyone, but we have to control this greed, we have to learn to avoid it. Yes, it is true that people can make a good profit from what we do, but it happens for a limited time. Later, we have to lose everything because of that person. So I would say that if we are trading, we have to avoid that person, control ourselves and invest for the long term.
As long as we can control greed, it won't be a problem at all. And sometimes greed also plays a role in giving us courage to bet on high-risk assets that also have high potential, such as memecoins that are currently hyped or something like that. So if Greed is like a weapon then it will be a good thing if used and wielded by the right person who is skilled with it. Likewise in trading. But the majority of greed actually makes many traders experience losses.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #301 on: February 24, 2025, 11:57:11 AM »

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Offline Crypto Library

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #302 on: February 24, 2025, 01:06:54 PM »
As long as we can control greed, it won't be a problem at all. And sometimes greed also plays a role in giving us courage to bet on high-risk assets that also have high potential, such as memecoins that are currently hyped or something like that. So if Greed is like a weapon then it will be a good thing if used and wielded by the right person who is skilled with it. Likewise in trading. But the majority of greed actually makes many traders experience losses.
The real game is here, those people's are successful in trading who can control their greediness and also have the patient for learning new things.
I have sawn lots of peoples even they were with crypto space more than 7/8 years because of their greediness they just make trade and lose huge. Those all would have much good amount of savings if they could control their gree on that time. 

Offline Dr.Bitcoin_Strange

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #303 on: February 24, 2025, 04:49:53 PM »
The real game is here, those people's are successful in trading who can control their greediness and also have the patient for learning new things.
I have sawn lots of peoples even they were with crypto space more than 7/8 years because of their greediness they just make trade and lose huge. Those all would have much good amount of savings if they could control their gree on that time.
Yeah, this is actually a problem for not just the newbie traders but also those who consider themselves to be experienced and expert traders too. The actual reason why some traders, despite their good analytical abilities and understanding of the crypto market still end up in losses everyday isn’t really because they don’t know what they’re doing, but because their greed always cloud their rationale and judgement, making them miss out on several opportunities that may have given them the profits they desire.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #304 on: February 24, 2025, 08:18:39 PM »
As long as we can control greed, it won't be a problem at all. And sometimes greed also plays a role in giving us courage to bet on high-risk assets that also have high potential, such as memecoins that are currently hyped or something like that. So if Greed is like a weapon then it will be a good thing if used and wielded by the right person who is skilled with it. Likewise in trading. But the majority of greed actually makes many traders experience losses.
The real game is here, those people's are successful in trading who can control their greediness and also have the patient for learning new things.
I have sawn lots of peoples even they were with crypto space more than 7/8 years because of their greediness they just make trade and lose huge. Those all would have much good amount of savings if they could control their gree on that time.

If we pay attention, we see that those who succeed in trading are the ones who can control their greed and move forward or stay involved in trading by controlling their greed. Even though greed is a real asset, we should avoid it at all costs. We should give the market time and pay more attention to post reactions, then we can learn a lot from these too.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #305 on: February 25, 2025, 09:20:13 PM »
I always follow market trends in trading. And avoid greed that makes us not focus on trading, we must always have the right plan and trade according to the plan and strategy that we have made, don't be greedy. because greed will destroy our lives.
Greed is indeed the thing that causes most traders to experience losses or failure to make a profit. Although there are also those who because of greed they get big profits, this is just luck because it rarely happens. And yes, it is very important to stick to the analysis and plans that we have made or prepared carefully. We also have to be clever in controlling risk in trading itself. Because with good risk management we can minimize losses.

Greed is a real asset, it is more or less present in everyone, but we have to control this greed, we have to learn to avoid it. Yes, it is true that people can make a good profit from what we do, but it happens for a limited time. Later, we have to lose everything because of that person. So I would say that if we are trading, we have to avoid that person, control ourselves and invest for the long term.
As long as we can control greed, it won't be a problem at all. And sometimes greed also plays a role in giving us courage to bet on high-risk assets that also have high potential, such as memecoins that are currently hyped or something like that. So if Greed is like a weapon then it will be a good thing if used and wielded by the right person who is skilled with it. Likewise in trading. But the majority of greed actually makes many traders experience losses.

Greed is a natural resource. Almost all people in human life are greedy for something or the other. The opposite of greed is loss. The more greed we have, the more loss we will have and the more greed we can control, the better we will be. Those of us who have very little money, those of us who trade, should only bring our limited profits to ourselves. We should control our greed and move forward.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #306 on: February 25, 2025, 10:28:57 PM »

in trading, it takes proper analysis so that we can decide to choose coins and develop strategies and sales targets from the coins we buy.
And many say that to be able to have good skills, it takes practice and always learning by making the right analysis and strategy.

Yes, indeed that can be used in your favor, you also have to do things that go much further, for example the things that we have in mind like plans, strategies, it would be great if we could execute these things first in demo mode to apply everything that are the plans and see how you can Start making the sets, both take profit, stop, and to get to know the platform, if you make a mistake it is better in demo mode and not in real mode, I advise that, but most people don't pay attention and go to real mode where they will probably lose money in many ways.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #306 on: February 25, 2025, 10:28:57 PM »


Offline rizqillah

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #307 on: February 26, 2025, 11:40:36 PM »


Greed is a natural resource. Almost all people in human life are greedy for something or the other. The opposite of greed is loss. The more greed we have, the more loss we will have and the more greed we can control, the better we will be. Those of us who have very little money, those of us who trade, should only bring our limited profits to ourselves. We should control our greed and move forward.
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #308 on: February 27, 2025, 07:16:29 AM »


Greed is a natural resource. Almost all people in human life are greedy for something or the other. The opposite of greed is loss. The more greed we have, the more loss we will have and the more greed we can control, the better we will be. Those of us who have very little money, those of us who trade, should only bring our limited profits to ourselves. We should control our greed and move forward.
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.
People do only realize at the time that they will really be that losing up that huge amount of money and its already too late for them to have that kind of realization on which they should have done it earlier. It is really just that very common that a certain individual do really that forget on trying out to set those risks management on which at the time that they are really that making up some profits then they do forget on securing the gains that they have been able to get and decided to proceed even further on which at the moment that the trend would really be making up some correction then this is where they will be having that breakeven or even negatives into their price entry on which this do really sucks. This is why its always been best that you should be setting out on taking profits as much as you could.

Offline ajiz138

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #309 on: February 27, 2025, 01:39:28 PM »


Greed is a natural resource. Almost all people in human life are greedy for something or the other. The opposite of greed is loss. The more greed we have, the more loss we will have and the more greed we can control, the better we will be. Those of us who have very little money, those of us who trade, should only bring our limited profits to ourselves. We should control our greed and move forward.
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.
This is not a new thing and almost everyone agrees that greed will bring something that makes us get something bad in the end, one of which is loss.

But can we eliminate greed? No, because as you said, it is a natural trait for humans. We can only minimize it so that we can control greed. That is one of the most likely ways we can do it.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #310 on: February 27, 2025, 06:00:09 PM »


Greed is a natural resource. Almost all people in human life are greedy for something or the other. The opposite of greed is loss. The more greed we have, the more loss we will have and the more greed we can control, the better we will be. Those of us who have very little money, those of us who trade, should only bring our limited profits to ourselves. We should control our greed and move forward.
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.
It is true that emotions are involved in every decision that is made, particularly whenever there is a hope that involves a level of risk. It surfacing in this fashion, greed cuts off thinking and the consequences are no longer subject to a rational analysis. This is true where one feels the need to have more which in turn lands one in different station. Emotions most often onset can actually hinder the manner in which one perceives things as they become more complicated than they actually are. These two are mostly interrelated and compared often as many can relate with the two and know how they impact that which is being lived.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #311 on: March 06, 2025, 11:56:07 PM »
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.
Indeed. Greed always brings bad impact. We can get losses or miss the chance to get higher profits. I have experienced this several times that I missed the chance to get huge profits because I feel greedy. So, I take a serious lesson to stay away from greed.

It is a must to control our emotion because emotion will lead to bad decision. When we decide to invest or trade crypto coins, we must deal with our emotion firstly. So, this won't bring bad impacts in the future.


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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #312 on: March 26, 2025, 05:07:58 AM »
-
Conclusion: 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.
As far as I know, greed is a habit and character.
The name of the habit or character is very difficult to eliminate in humans.
It can be eliminated but later it will definitely appear again because the character is indeed innate from within the human being itself.
Trading cryptocurrency with a capital of 3000 dollars and a profit of around 1000 dollars or around 30% will definitely make the person's character greedy and want to increase the value of the profit price again, unless maybe just stop a few days after we take the 30% profit.
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Offline Dr.Bitcoin_Strange

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #313 on: March 26, 2025, 05:18:27 PM »
Greed will make us suffer losses, I agree with this.
because we will always face bad emotions such as greed and sometimes we also experience shock.
The two emotions that are always discussed in this forum do make us not focus on seeking profit.
Indeed. Greed always brings bad impact. We can get losses or miss the chance to get higher profits. I have experienced this several times that I missed the chance to get huge profits because I feel greedy. So, I take a serious lesson to stay away from greed.

It is a must to control our emotion because emotion will lead to bad decision. When we decide to invest or trade crypto coins, we must deal with our emotion firstly. So, this won't bring bad impacts in the future.

Sometimes it doesn’t literally means greedy, it maybe fear, the fear of losing everything, it has happened to one of my friend and I was the one telling advising him to leave it, so that he will gain a lot of profit, which he did adhere to my advise but guess what? He lost everything including the capital and I felt bad because I was so confident that he will gain more profit from it and since then even if he wants to leave it in order to gain, he will just collect the small profit he made and walk away because he doesn’t want to lose again. So at times I guess it might be the fear of losing and might be called greedy, for me that is how I view it.

Offline UNIVERSE

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #314 on: March 26, 2025, 06:15:13 PM »
Sometimes it doesn’t literally means greedy, it maybe fear, the fear of losing everything, it has happened to one of my friend and I was the one telling advising him to leave it, so that he will gain a lot of profit, which he did adhere to my advise but guess what? He lost everything including the capital and I felt bad because I was so confident that he will gain more profit from it and since then even if he wants to leave it in order to gain, he will just collect the small profit he made and walk away because he doesn’t want to lose again. So at times I guess it might be the fear of losing and might be called greedy, for me that is how I view it.
Greedy and fear are different. When someone feels greedy, it means he is too confident. Meanwhile if someone feels the fear, he is totally not confident. However, it is all about the management of our mentality. Both greedy and fear are not good for our trading or investment. We must deal with this bad mentality, so we can avoid the possible bad results. I'm sure we must have the way to deal with this if we have already enough experience and we have proper knowledge.


 

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