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Author Topic: Don't get greedy, Just take the already earned profit and leave.  (Read 20042 times)

Offline Uruhara

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #315 on: March 26, 2025, 06:17:57 PM »
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.
Well, in the end, we can control greed and fear, which are part of emotions that must be controlled, when we have had a lot of experience in the market and learned from that experience. For example, for beginners, falling into FOMO is a very common thing. But for experienced traders they can avoid the FOMO attitude. So, in this case, experience plays an important role in making someone better at managing emotions in trading.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #315 on: March 26, 2025, 06:17:57 PM »

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #316 on: March 26, 2025, 07:10:15 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.
Yes Greedy and fear are different But both are very bad and harmful for trading and gambling. So we have to avoid Greedy and fear. We know Greedy is very dangerous, Many people lost his valuable fund because of greedy. I also huge loser for greedy in trading, in future trade i loss my all fund because of greediness.
Even fear also harmful, we know no risk no gain but afraid propel don’t take risk so they never win in this economic sector. So i think we have to more experience about it and we have to avoid greediness and fear.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #316 on: March 26, 2025, 07:10:15 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 #317 on: March 26, 2025, 10:53:38 PM »
Well, in the end, we can control greed and fear, which are part of emotions that must be controlled, when we have had a lot of experience in the market and learned from that experience. For example, for beginners, falling into FOMO is a very common thing. But for experienced traders they can avoid the FOMO attitude. So, in this case, experience plays an important role in making someone better at managing emotions in trading.
Indeed. It is a must to control the feeling of greed and fear. This is a challenge in trading and investment. I'm very sure that the people who have knowledge, they will be easier to control greed and fear. It is because they will be based on the analysis and research when they want to decide anything. People who have knowledge, they won't follow the FOMO. Following the FOMO isn't the nature of smart traders/investors.


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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #318 on: March 26, 2025, 11:58:02 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.
I agree I saw some traders who fears on their entry that is why they keep adjusting the SL to take profit for safety because they fear if it would go against to his prediction and it end up their SL hit but the price still goes to what he predicted and miss the opportunity to take a profit on what he predicted but half or 1/3 of winning trades.

Unlike those who are greedy, they are confident in what they predicted, so without adjusting the SL for safety, they just let the price hit their TP. I saw many of these in YouTube live trading.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #319 on: March 27, 2025, 12:45:26 AM »
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.
Yes Greedy and fear are different But both are very bad and harmful for trading and gambling. So we have to avoid Greedy and fear. We know Greedy is very dangerous, Many people lost his valuable fund because of greedy. I also huge loser for greedy in trading, in future trade i loss my all fund because of greediness.
Even fear also harmful, we know no risk no gain but afraid propel don’t take risk so they never win in this economic sector. So i think we have to more experience about it and we have to avoid greediness and fear.

That’s true but I don’t think it’s easy to avoid or get rid of fear and greed easily because it’s a natural occurrence even if when one tried, that is why we ought to be careful and aware on how the markets run or how gambling is, if we are able to control our fear or greed, because for me, I think avoiding fear and greed is to be sure of the outcome or our expectations will just fall in place, I don’t think people will make mistakes in this fear but if you are able to control your emotions when things doesn’t fall in place like you expected, that’s a good one for u but in all we all should learn from those who knew more than us and at times, it’s good to also get some experience by ourselves just like you said, it can help us to understand and even acquire more knowledge, information etc.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #320 on: March 27, 2025, 08:48:13 AM »
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.

      -      I agree with what you are saying, in fact, even if we avoid greed, it is always there and awaits us to see if we will take it out of our character no matter what we do. That is why it is so important that we have self-control, self-discipline, and responsibility in everything we do.

Now, since we are here in the crypto space, let us not allow greediness to control us because for sure when that happens, we will only go in one direction
and this is the addiction to one thing no matter what we are passionate about.

Offline Chilwell

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #321 on: March 27, 2025, 02:23:58 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 is a natural human emotion, but it is important to control it in various  aspects of life including trading, or you may end up losing if care is not taken. As a trader be contented with every little profit that you made, Don't let your emotion get over you and try to gain more profit due to greediness and selfishness.

 A trader should not plan unrealistic return or mislead the customers just to gain more profits. Avoid being greedy for a huge amount of profit for a particular day, Just focus on the small profit that you are making constantly, as they will add up to significant gains overtime. it is important for a trader to be loyal, and it is good to always be honest because  dishonesty never pays and you will end up losing.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #321 on: March 27, 2025, 02:23:58 PM »


Online Dr.Bitcoin_Strange

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #322 on: March 27, 2025, 11:09:20 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.

      -      I agree with what you are saying, in fact, even if we avoid greed, it is always there and awaits us to see if we will take it out of our character no matter what we do. That is why it is so important that we have self-control, self-discipline, and responsibility in everything we do.

Now, since we are here in the crypto space, let us not allow greediness to control us because for sure when that happens, we will only go in one direction
and this is the addiction to one thing no matter what we are passionate about.

That is why no matter what we do, we shouldn’t be too addicted to it, because it will always yield out bad results which we will regret for the rest of our life.
Let’s do things diligently, for no matter how careful we are, our natural ability is always there to take things unaware even when we don’t plan for it. So in terms of gambling, let’s always gamble responsibly, take it for fun but let’s not be addicted to it.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #323 on: March 28, 2025, 07:20:09 AM »
Greed is a natural human emotion, but it is important to control it in various  aspects of life including trading, or you may end up losing if care is not taken. As a trader be contented with every little profit that you made, Don't let your emotion get over you and try to gain more profit due to greediness and selfishness.
greed is one of the seven deadly sins even if we say that almost everyone experiences greed at some point in their lives others experience it more than some people and it just comes naturally to them like that
Quote
A trader should not plan unrealistic return or mislead the customers just to gain more profits. Avoid being greedy for a huge amount of profit for a particular day, Just focus on the small profit that you are making constantly, as they will add up to significant gains overtime.
i do believe that patience is what can kill greed

we often feel greedy when we want things to happen right now immediately and we will do anything to get what we want and more of it but if we can stay patient then we can control our greed

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #324 on: March 28, 2025, 06:14:51 PM »
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.
Well, in the end, we can control greed and fear, which are part of emotions that must be controlled, when we have had a lot of experience in the market and learned from that experience. For example, for beginners, falling into FOMO is a very common thing. But for experienced traders they can avoid the FOMO attitude. So, in this case, experience plays an important role in making someone better at managing emotions in trading.

      -     Greed is always there by our side, it never leaves us, it always whispers and waits to enter our minds. That's why, right, once it enters our minds and we let it control us, for sure at first we won't notice it right away, until one day we notice that it controls us because we can no longer control ourselves in what we do right in carrying out our trading activity.

That's why trading is a very broad issue here in the crypto space and there are many things that should be considered here, as those who have been in the crypto industry for a long time say, right? It's just that other traders don't really give it most of the time and that's the reality that's happening now.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #325 on: March 28, 2025, 08:10:44 PM »
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.
Well, in the end, we can control greed and fear, which are part of emotions that must be controlled, when we have had a lot of experience in the market and learned from that experience. For example, for beginners, falling into FOMO is a very common thing. But for experienced traders they can avoid the FOMO attitude. So, in this case, experience plays an important role in making someone better at managing emotions in trading.

      -     Greed is always there by our side, it never leaves us, it always whispers and waits to enter our minds. That's why, right, once it enters our minds and we let it control us, for sure at first we won't notice it right away, until one day we notice that it controls us because we can no longer control ourselves in what we do right in carrying out our trading activity.

That's why trading is a very broad issue here in the crypto space and there are many things that should be considered here, as those who have been in the crypto industry for a long time say, right? It's just that other traders don't really give it most of the time and that's the reality that's happening now.
Its always been a part of us on which on the moment that you do make out some money then our inner greed will definitely be that surely kicks in on which it will really be that resulting into such approach on which having that kind of mentality on which it will really be that causing up that more engagement because you've been that aiming that you can make even more money. This is why its really that important that you would really be that sensible into the things on what you are dealing on with and always secure profits once you do able to obtain or gain it out. If you do saw some more opportunity then grab it but its always recommended that you should really be setting limits and do really knows on how to call a certain day and trying to skip and look for the next one.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #326 on: March 28, 2025, 09:15:40 PM »
I agree I saw some traders who fears on their entry that is why they keep adjusting the SL to take profit for safety because they fear if it would go against to his prediction and it end up their SL hit but the price still goes to what he predicted and miss the opportunity to take a profit on what he predicted but half or 1/3 of winning trades.

Unlike those who are greedy, they are confident in what they predicted, so without adjusting the SL for safety, they just let the price hit their TP. I saw many of these in YouTube live trading.

Risk to profit ratio is all that matters, as a trader if you can be able to manage your risk to profit ratio, your stop loss and potential profit wouldn't be a problem to you in any way because you have something you ate using as a guide to protect you and the stop loss wouldn't be a problem if you afr the type of person that understand trading.

In life, you have to risk before you can gain something, that's what trading is all about and not juts trading, all other aspect of investment but if you study trading very well before you venture everything into it, you will never regret starting it in the first place.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #327 on: March 28, 2025, 10:24:56 PM »
I agree I saw some traders who fears on their entry that is why they keep adjusting the SL to take profit for safety because they fear if it would go against to his prediction and it end up their SL hit but the price still goes to what he predicted and miss the opportunity to take a profit on what he predicted but half or 1/3 of winning trades.

Unlike those who are greedy, they are confident in what they predicted, so without adjusting the SL for safety, they just let the price hit their TP. I saw many of these in YouTube live trading.

Risk to profit ratio is all that matters, as a trader if you can be able to manage your risk to profit ratio, your stop loss and potential profit wouldn't be a problem to you in any way because you have something you ate using as a guide to protect you and the stop loss wouldn't be a problem if you afr the type of person that understand trading.

In life, you have to risk before you can gain something, that's what trading is all about and not juts trading, all other aspect of investment but if you study trading very well before you venture everything into it, you will never regret starting it in the first place.
You are right, we must consider the risks first before taking steps to invest, so for those who are just learning to invest in crypto, it is better to buy during the bearish season of top coins, because if they buy unknown tokens, they are likely to experience losses if they do not have sufficient knowledge and experience.

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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #328 on: March 29, 2025, 12:00:32 AM »

You are right, we must consider the risks first before taking steps to invest, so for those who are just learning to invest in crypto, it is better to buy during the bearish season of top coins, because if they buy unknown tokens, they are likely to experience losses if they do not have sufficient knowledge and experience.
I have always been curious about investing in tokens and making a lot of money,  I know that there are many people who do it , but they are people who do not fall in love with the tokens, or the alts that seem nice to them because of their development or something like that, not even because of their good marketing, but because they buy intelligently, that's when they win, although to be honest, that also requires some luck, very good luck, like the BTC going up and investors seeing this token or the alt as one of the best options.
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Re: Don't get greedy, Just take the already earned profit and leave.
« Reply #329 on: March 29, 2025, 08:01:19 AM »
---
 A trader should not plan unrealistic return or mislead the customers just to gain more profits. Avoid being greedy for a huge amount of profit for a particular day, Just focus on the small profit that you are making constantly, as they will add up to significant gains overtime. it is important for a trader to be loyal, and it is good to always be honest because  dishonesty never pays and you will end up losing.
I guess a 1:3 RR ratio isn't considered "being greedy" right? :D

I mean I agree with what you said that as a trader, we must set realistic profits that's why whenever I trade, I always put my take profit at around 20-25% only and regardless of what will happen after taking profit, I'm happy that I made profit from it. At the end of the day, profit is profit. Avoiding being greedy is doable, but it's hard not to do it especially for us human beings because it's our nature to sometimes be greedy especially when it comes to money.

For me, focusing on small profits, but more trades works fine for me rather than making 1-3 trades per day, but the RR Ratio is that high. I know this works for some, but not for me especially when you're scalping.

 

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