Never Be Greedy!

[Azharul]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

We can be trading by taking risk, but this does not open us being greedy when trading, if we are to trade, then we must learn how we can manage the two altogether, trading is not what we can do by mouth in saying we are not being greedy, this only happens from the trades we take in respect to the risk involved because of the money in it which is our own target to make profits from.

I think that you could be discussion a best opinion in this post. So i am also agree with your comment. We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world. Because cryptocurrency market is also depending on your telnet. So i believe that we shouldn’t be greedy for trade. So i think that if we started trading in small amount, it will be prefer for us.

[rizqillah]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

We can be trading by taking risk, but this does not open us being greedy when trading, if we are to trade, then we must learn how we can manage the two altogether, trading is not what we can do by mouth in saying we are not being greedy, this only happens from the trades we take in respect to the risk involved because of the money in it which is our own target to make profits from.

I think that you could be discussion a best opinion in this post. So i am also agree with your comment. We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world. Because cryptocurrency market is also depending on your telnet. So i believe that we shouldn’t be greedy for trade. So i think that if we started trading in small amount, it will be prefer for us.

Greed is a bad thing, especially in investing in crypto which is full of risks and the crypto market is very volatile.
Greed can make us lose the best opportunities. That's what I often experience because I'm greedy, making me lose opportunities when the price I've targeted is reached, but I'm still waiting for the price to go up. I agree with the opinion of the member above who said that. Because I experienced it myself.

[jeraldskie11]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

We can be trading by taking risk, but this does not open us being greedy when trading, if we are to trade, then we must learn how we can manage the two altogether, trading is not what we can do by mouth in saying we are not being greedy, this only happens from the trades we take in respect to the risk involved because of the money in it which is our own target to make profits from.

I think that you could be discussion a best opinion in this post. So i am also agree with your comment. We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world. Because cryptocurrency market is also depending on your telnet. So i believe that we shouldn’t be greedy for trade. So i think that if we started trading in small amount, it will be prefer for us.

Greed is a bad thing, especially in investing in crypto which is full of risks and the crypto market is very volatile.
Greed can make us lose the best opportunities. That's what I often experience because I'm greedy, making me lose opportunities when the price I've targeted is reached, but I'm still waiting for the price to go up. I agree with the opinion of the member above who said that. Because I experienced it myself.

Greed is very dangerous, and it really won't help your trading journey. I think the best thing to prevent greed is discipline. If a trader has discipline, it can guard himself from being greedy. You can't become a profitable trader if you don't have that. Trader must have a trading plan to follow, and he couldn't stick with that if he doesn't have discipline because sometimes the market will encourage us to trade even though we can't see the criteria in the chart.

[vegasus]

The effect of greed is extraordinary, it can make us get the opposite and actually drop much more in the end. Greedy here is especially in the future market, or in setting a certain coin price target, because sometimes, the gap between the ATH and the drop is very fast. and when we want more and more, then it will be dangerous for us.

In some ways, having a plan with realistic targets can also help us act more effectively. In markets that permit us to weight the target in a more profitable direction, rather than just to get more, there is no good reason to proceed on the basis of desire unless the analysis is thorough. When we have a full control of every decision made, we can choose what investments make more sense, and with this they can deliver higher quality long term results.

Indeed, this initial strategy really helps us in managing assets better and wiser. And the plans in setting the target can also be adjusted in several stages so that it is not too hasty or too different from market conditions. And that at least gives us the opportunity to continue taking profits at a certain rate with a certain percentage. And the most important thing is that this can be one way to manage our emotions so that we are not easily greedy and panic in any market situation.

We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world.

Indeed, trading is one of the most ways to gain high profits, more quickly. However, as I said, trading is high risk and the risk of loss is also very high. And in trading, there is an emotional situation that is played, there will be an inner battle between fear and greed, FOMO, panic, and other emotional situations that can make it easier for us to lose our money. But on the other hand, if we can master and manage emotions wisely, then it will give a good impact and profit.

[milewilda]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

Greed wont do anything good, whether you are dealing with:

1. Gambling
2. Investing
3. Business
4. Opportunities
5. Trading

You are just basically making yourself that prone into those decisions on which it is really just that because of desperation.
If you wont really be that careful when it comes into this aspect then you will really be that prone with tons of mistakes.
Therefore, proper control and discipline is something which you do really need up to consider first.

[LUCKMCFLY]

newbies will be easily tempted by greed, but for those who have been trading for a long time will have different considerations.

Sometimes newbies are people who take a lot of risks because they usually have that beginner's luck and sometimes their operations usually turn out well, but because they cling to what they call luck, but that is not good because there is no clear foundation, greed must be something controlled from the beginning, you cannot open up to greed from the first moment, that is why it is necessary to make a good trading plan with profits that can be made and in case that per day or per week depending on how you have set up your plan it cannot be carried out , things will go wrong and you will fail, for this to happen trading must be seen for what it is, and it is a business.

[kulkhan]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

We can be trading by taking risk, but this does not open us being greedy when trading, if we are to trade, then we must learn how we can manage the two altogether, trading is not what we can do by mouth in saying we are not being greedy, this only happens from the trades we take in respect to the risk involved because of the money in it which is our own target to make profits from.

I think that you could be discussion a best opinion in this post. So i am also agree with your comment. We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world. Because cryptocurrency market is also depending on your telnet. So i believe that we shouldn’t be greedy for trade. So i think that if we started trading in small amount, it will be prefer for us.

Greed is a bad thing, especially in investing in crypto which is full of risks and the crypto market is very volatile.
Greed can make us lose the best opportunities. That's what I often experience because I'm greedy, making me lose opportunities when the price I've targeted is reached, but I'm still waiting for the price to go up. I agree with the opinion of the member above who said that. Because I experienced it myself.

Yes Greedy is very bad there has no doubt. Who will be Greedy in cryptocurrency market he will be losser i strongly believe it. I saw many people lost their valuable fund only for Greediness. Even they were good trader but only for greediness the lost their all asset. Because Greediness reduce anyone’s normal mentality. So we have to avoid Greediness it not only for cryptocurrency, for proper success in life we have to avoid greediness.

[Findingnemo]

newbies will be easily tempted by greed, but for those who have been trading for a long time will have different considerations.

Sometimes newbies are people who take a lot of risks because they usually have that beginner's luck and sometimes their operations usually turn out well, but because they cling to what they call luck, but that is not good because there is no clear foundation, greed must be something controlled from the beginning, you cannot open up to greed from the first moment, that is why it is necessary to make a good trading plan with profits that can be made and in case that per day or per week depending on how you have set up your plan it cannot be carried out , things will go wrong and you will fail, for this to happen trading must be seen for what it is, and it is a business.

AFAIK, beginner's luck doesn't work on trading they might initially make a couple of profitable trades but they won't be consistent which will cost their capital including the profits made from the previous trades. This is why everyone should go with clear strategy and self control is not something that we can learn from books but only from experience so once they feel their efforts are going in vain they'll come around.

[Vx1]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

That's a human being who always wants to get more, even though they have already made a profit but it's always less. Greed in crypto trading sometimes makes the opportunity to make a profit disappear, so I agree if someone says don't be greedy in crypto trading.

[doc]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

That's a human being who always wants to get more, even though they have already made a profit but it's always less. Greed in crypto trading sometimes makes the opportunity to make a profit disappear, so I agree if someone says don't be greedy in crypto trading.

You are right in investing in crypto we should not be greedy because greed will eliminate opportunities and we cannot think clearly.
we must have a clear target and make a decision to exit when our target has been met, but sometimes when the market looks good we still try to hold on to get more profit, and the end result when we are late to sell we will lose that opportunity

[Bobcrypto]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

That's a human being who always wants to get more, even though they have already made a profit but it's always less. Greed in crypto trading sometimes makes the opportunity to make a profit disappear, so I agree if someone says don't be greedy in crypto trading.

Yes humans needs are insatiable, and it goes on with mankind. I think many people has some elements of greed in them but there are some people that control these greed attitudes.
Greed on crypto trading/investing has been a common market sentiments, and it could be the reason the greed index was invented, and fortunately the Fear and Greed Index has help traders and investors to gauge the market movements.

[taufik123]

-snip-
Greed on crypto trading/investing has been a common market sentiments, and it could be the reason the greed index was invented, and fortunately the Fear and Greed Index has help traders and investors to gauge the market movements.

The greed and fear index lets us know how the market is now, whether someone is selling more or not.

And everyone's level of greed will indeed be different depending on how they can control their trading psychology.
This is very difficult and even a professional can experience greed or fear suddenly.

I myself also sometimes find it difficult to manage my psychology to not be greedy and take profits according to the strategy that has been made, but when the price continues to rise greed starts to come, this will make anyone not care about their initial strategy.

[sampoerna]

That's a human being who always wants to get more, even though they have already made a profit but it's always less. Greed in crypto trading sometimes makes the opportunity to make a profit disappear, so I agree if someone says don't be greedy in crypto trading.

Like what here is

https://www.brainyquote.com/topics/greed-quotes

Greed is not about financial issues, but it is related to heart issues. There is a feeling that is always dissatisfied with what has been achieved, so that the blindness wants to get more and more but in an unmeasured state and carried away by a great current. So the risk is when we can no longer handle all of this and market conditions are not in accordance with what has been imagined, then this will actually be regret. And there have been many cases like this, because being too greedy actually makes the risk of losing even higher. And what's more, the unpreparedness with the risk is what makes the situation worse, getting panic and so on, so that it causes quite high stress and frustration.

[Mr. Magkaisa]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

We can be trading by taking risk, but this does not open us being greedy when trading, if we are to trade, then we must learn how we can manage the two altogether, trading is not what we can do by mouth in saying we are not being greedy, this only happens from the trades we take in respect to the risk involved because of the money in it which is our own target to make profits from.

I think that you could be discussion a best opinion in this post. So i am also agree with your comment. We know that trading is one of the best profitable section in cryptocurrency market. But if we cannot understand in cryptocurrency market, we must be face in losses in cryptocurrency world. Because cryptocurrency market is also depending on your telnet. So i believe that we shouldn’t be greedy for trade. So i think that if we started trading in small amount, it will be prefer for us.

        -      Trading is the major factor for us to get profit here; this is where all the new projects that appear as cryptocurrencies in this field industry have failed. Trading is still the last destination for us to exchange the crypto coin that we will buy.

That's why trading is not easy to do; it really needs to be studied and learned thoroughly because it is not really possible to do what we don't know here. It is easy to buy and sell, but the difficult thing is to read the chart in trading. In short, the execution really makes a difference. As long as the important thing as traders is not to be greedy.

[ajiz138]

You are right in investing in crypto we should not be greedy because greed will eliminate opportunities and we cannot think clearly.
we must have a clear target and make a decision to exit when our target has been met, but sometimes when the market looks good we still try to hold on to get more profit, and the end result when we are late to sell we will lose that opportunity

I think I don't need to say anymore that we should not be greedy, because we already know that greed will lead us to a hole of loss. And also from the beginning we often talk about greed and fear as big enemies that come from within ourselves.

We must be able to control ourselves, both from greed and fear. Therefore, one thing we can do is to create limits, such as implementing a profit target so that we can suppress greed.