Never Be Greedy!

[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.

When investors win, most of them get carried away. I have also faced similar situation before. I won big then I got carried away and lost all eventually.

Every trader must have experienced that time, and it will be an experience for each of us. If you have experienced it but still repeat it, then it is a big mistake. Greed in trading really eliminates our chances of making a profit.

[Hisbullah]

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.

When investors win, most of them get carried away. I have also faced similar situation before. I won big then I got carried away and lost all eventually.

Every trader must have experienced that time, and it will be an experience for each of us. If you have experienced it but still repeat it, then it is a big mistake. Greed in trading really eliminates our chances of making a profit.

Greed will eliminate our chances of making a profit, I agree with you I have also experienced it by holding my coins even though they have reached the target and I was greedy wanting a higher profit but ended up experiencing a loss because it turned out that the market suddenly experienced a correction and the price fell.
And we should not repeat the same mistake and be more careful in making decisions and not be greedy.

[Dr.Bitcoin_Strange]

In trading, your psychology is one important aspects which you need to master, else trading is going to mess with you. Some unsuccessful traders are facing several losses in trading because they don't know how to manage their psychology. It's either they are over trading, they are not disciplined, they are greedy and all that leads to bad trades.

[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.

When investors win, most of them get carried away. I have also faced similar situation before. I won big then I got carried away and lost all eventually.

Every trader must have experienced that time, and it will be an experience for each of us. If you have experienced it but still repeat it, then it is a big mistake. Greed in trading really eliminates our chances of making a profit.

Greed will eliminate our chances of making a profit, I agree with you I have also experienced it by holding my coins even though they have reached the target and I was greedy wanting a higher profit but ended up experiencing a loss because it turned out that the market suddenly experienced a correction and the price fell.
And we should not repeat the same mistake and be more careful in making decisions and not be greedy.

That's how it is when we trade crypto, the rapid price increase sometimes does not make us satisfied and then sells the coins.
But still hoping the price will continue to rise, but what happens? Our chance to make a profit is lost because the price is corrected.
This experience should be able to make us more mature, and eliminate greed in this crypto trading.

[SmartGold01]

In trading, your psychology is one important aspects which you need to master, else trading is going to mess with you. Some unsuccessful traders are facing several losses in trading because they don't know how to manage their psychology. It's either they are over trading, they are not disciplined, they are greedy and all that leads to bad trades.

Traders needs to understand their body system before trading, and what I mean is that should find out the types of trading they are involving themselves before sinking down to trade because there are people who don't what kind of trade they should do, for instance, be it future trading, spot trading others. Many people jump into crypto trading with the mindset to make profits but doesn't study about the coin they are jumping into because, some of them could go venture into shitcoin or meme coin to trade but at last entirely dump on them.

[dekafee79]

In trading, your psychology is one important aspects which you need to master, else trading is going to mess with you. Some unsuccessful traders are facing several losses in trading because they don't know how to manage their psychology. It's either they are over trading, they are not disciplined, they are greedy and all that leads to bad trades.

Traders needs to understand their body system before trading, and what I mean is that should find out the types of trading they are involving themselves before sinking down to trade because there are people who don't what kind of trade they should do, for instance, be it future trading, spot trading others. Many people jump into crypto trading with the mindset to make profits but doesn't study about the coin they are jumping into because, some of them could go venture into shitcoin or meme coin to trade but at last entirely dump on them.

Shit coin and mem coin are very risky, it should be avoided because if you do not have the knowledge and experience in choosing the right coin you will suffer losses.
We must choose a coin that is truly potential and has a good reputation and we see in CMC the top coins as an option to buy.
So many coins, but we should do an analysis of the coins we buy.

[SmartGold01]

In trading, your psychology is one important aspects which you need to master, else trading is going to mess with you. Some unsuccessful traders are facing several losses in trading because they don't know how to manage their psychology. It's either they are over trading, they are not disciplined, they are greedy and all that leads to bad trades.

Traders needs to understand their body system before trading, and what I mean is that should find out the types of trading they are involving themselves before sinking down to trade because there are people who don't what kind of trade they should do, for instance, be it future trading, spot trading others. Many people jump into crypto trading with the mindset to make profits but doesn't study about the coin they are jumping into because, some of them could go venture into shitcoin or meme coin to trade but at last entirely dump on them.

Shit coin and mem coin are very risky, it should be avoided because if you do not have the knowledge and experience in choosing the right coin you will suffer losses.
We must choose a coin that is truly potential and has a good reputation and we see in CMC the top coins as an option to buy.
So many coins, but we should do an analysis of the coins we buy.

Of course it's very important to do analysis of the coin we are to buy before sinking our money into an empty basket were our money will easily leak out. Investment on altcoin or shitcoin should be carefully observe because whatever investment that is made by mistake can not be recovered again we when the shitcoin is already dumped.
Choosing top coins from CMC would also helps alot at least it would be more trusted that other shitcoins.

[milewilda]

In trading, your psychology is one important aspects which you need to master, else trading is going to mess with you. Some unsuccessful traders are facing several losses in trading because they don't know how to manage their psychology. It's either they are over trading, they are not disciplined, they are greedy and all that leads to bad trades.

Psychological and emotional aspect on which this will really be that you will be needing up to hoisting up so that you will really be able to sustain out this very unpredictable market. The main issue on here is that on the time or moment that you do deal up with this space is that you should really be that knowing on what you are dealing on and adjust accordingly. As for being greedy then it is really that part of us human beings on which you will really be needing up to control it out specially if you are on a profitable situation because the main thing that comes up into our mind is that on the time that you do make money then you do want even more.

[LUCKMCFLY]

Yes, we must avoid bad habits based on greed because we will lose the opportunity to make a profit, I have also experienced it, maybe because my analysis and intuition were not good at that time and finally I missed the opportunity to sell my coins when they went up because I hoped for a higher profit.

This is not something we should always blame ourselves for, I am sure that when we experience these types of experiences we are left with a great learning experience, something like why we should not do it again, and see that it can be corrected, we greed is one of the things that will always make us lose, we have to know to what point we have to withdraw, trading is like that, sometimes we feel that we are very good with the market, that we understand it perfectly and Suddenly something happens that we do not like and then we lose a lot, sometimes we get desperate and we continue there, those mistakes are what lead us to failure and it all starts with greed.

[rizqillah]

Yes, we must avoid bad habits based on greed because we will lose the opportunity to make a profit, I have also experienced it, maybe because my analysis and intuition were not good at that time and finally I missed the opportunity to sell my coins when they went up because I hoped for a higher profit.

This is not something we should always blame ourselves for, I am sure that when we experience these types of experiences we are left with a great learning experience, something like why we should not do it again, and see that it can be corrected, we greed is one of the things that will always make us lose, we have to know to what point we have to withdraw, trading is like that, sometimes we feel that we are very good with the market, that we understand it perfectly and Suddenly something happens that we do not like and then we lose a lot, sometimes we get desperate and we continue there, those mistakes are what lead us to failure and it all starts with greed.

I have experienced the same thing when trading in the past. I felt greedy and wanted to get bigger profits even though at that time the market trend was positive in an upward position, I deliberately held my coins and wanted big profits but it turned out that the market was sideways.

[enwi]

Yes, we must avoid bad habits based on greed because we will lose the opportunity to make a profit, I have also experienced it, maybe because my analysis and intuition were not good at that time and finally I missed the opportunity to sell my coins when they went up because I hoped for a higher profit.

This is not something we should always blame ourselves for, I am sure that when we experience these types of experiences we are left with a great learning experience, something like why we should not do it again, and see that it can be corrected, we greed is one of the things that will always make us lose, we have to know to what point we have to withdraw, trading is like that, sometimes we feel that we are very good with the market, that we understand it perfectly and Suddenly something happens that we do not like and then we lose a lot, sometimes we get desperate and we continue there, those mistakes are what lead us to failure and it all starts with greed.

I have experienced the same thing when trading in the past. I felt greedy and wanted to get bigger profits even though at that time the market trend was positive in an upward position, I deliberately held my coins and wanted big profits but it turned out that the market was sideways.

It also emerged that expectations management is an important dimension that is involved in the learning process of trading. When the market is going in the opposite direction of what we expected, one has a useful reminder to be grateful for the existing opportunities that are out there. Every time a manager decides to sell or to retain a particular asset, he or she should not do so out of passion, but out of a plan. It is suggested that every opportunity encountered including the missed profits and inevitable losses ever encountered hold lessons to the next step. Trading is not is not about striving for perfection, but it is about being consistent and being able to continue to learn from every single tick in the market. In that way, we must immediately improve and be wise next time when encountering the next situation.

[LUCKMCFLY]

I have experienced the same thing when trading in the past. I felt greedy and wanted to get bigger profits even though at that time the market trend was positive in an upward position, I deliberately held my coins and wanted big profits but it turned out that the market was sideways.

That usually happens, normally we as operators have to take full advantage of all the movement, for some traders who operate with alts they say that the best is when btc is sideways, because those who are holders or whales of alts enter sideways and make the market fluctuate, maybe now with btc that is in a direction I would say bullish, it is likely that many alts have it in hodl mode waiting for good returns and that is why sometimes they do not fluctuate as much, however it is worth observing them.

[Gurujebs]

That's how it is when we trade crypto, the rapid price increase sometimes does not make us satisfied and then sells the coins.
But still hoping the price will continue to rise, but what happens? Our chance to make a profit is lost because the price is corrected.
This experience should be able to make us more mature, and eliminate greed in this crypto trading.

I use to tell people that profits is profit no matter the size of it. As long as you didn't make any loss in your trade, appreciate it and take the profit, don't feel ungrateful when you see the price going higher and higher, you would have been sad if the coin price go down and you couldn't get to take your profit, there is nothing bad in taking profit.

There is no way a trader will get the perfect time to take profit at all time high, only a person that is greedy will ever think of that and in that process, you might lose after everyone has taken their profits.

[Celph]

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.

Lol.We are humans aren't we? And humans are greedy,it is just simply our nature.The desirr to want more,our wants can never be satisfied as economics too have proven that too.
All traders hopefully expexcts to make profits,nobody wants losses.Most times,we earn profits and sometimes,even though some traders aren't sure or they are even aware that trading at that particular period might put them in a particular unwanted situation,they still do it,maybe cause of a pressing need,or they just need more;and personally,i wont blame traders on this aspect cause we are basically risk takers.We embrace risk even though it might be hurtful to us most times

[LUCKMCFLY]

It also emerged that expectations management is an important dimension that is involved in the learning process of trading. When the market is going in the opposite direction of what we expected, one has a useful reminder to be grateful for the existing opportunities that are out there. Every time a manager decides to sell or to retain a particular asset, he or she should not do so out of passion, but out of a plan. It is suggested that every opportunity encountered including the missed profits and inevitable losses ever encountered hold lessons to the next step. Trading is not is not about striving for perfection, but it is about being consistent and being able to continue to learn from every single tick in the market. In that way, we must immediately improve and be wise next time when encountering the next situation.

That is very true, we always unintentionally look for perfection in trading and such a thing does not exist, and that is something that we must plan well, we cannot look for perfection where there is none and that plan of knowing and accepting things as they are seems great to me, everything is a learning process, only with the experience we acquire we must lower losses yes or yes because if we do not do it it is because we are not learning anything, and that includes fears, and many operations that we sometimes leave to chance, we have to be very decisive in our decisions and assume the risk and accept the results.