Never Be Greedy!

[alltalk]

Greed always puts a trader at risk because the market is volatile and never behaves monotonically. Greedy people always expect great things which are never possible in reality. Again there are some potential coins that need to be invested and held for a long time otherwise there is no good return and they are less volatile like Bitcoin, BNB, ETH but not everyone has the patience to invest in them for a long time.

Greedy is a bad nature. A true investor/trader should avoid it because it may end up with bad result. I'm sure that investors/traders who have proper knowledge, they won't be greedy. They must know how to determine the right time for entry and exit. It should be through analysis, they won't decide it carelessly.

BTC, ETH, BNB, DOT, ADA, and some other top coins with good fundamentals deserve to hold for a long time. However, we must have certain goal for taking profits. It is impossible that we will hold them forever. By the way, a long term investors must have a big patient. If they can't be patient, they are better to be a trader only.

[UNIVERSE]

In futures trading, we should use stop loss so that we do not experience greater losses if we predict the price wrongly or make the wrong strategy. But in spot trading if we choose the top coins, we do not need a stop loss because when there is a decline we can hold it, and the possibility of the coin will rise again.

Actually, it is needed to use stop loss both in future and spot. Moreover it is for day trading, we have a target for taking profits in a short time. To keep the funds in a good shape and to avoid getting big losses, it is very advisable to apply stop loss. I'm sure a trader has a different goal than a holder, a trader wants a quick profit. Even it is the top coins, they can decline quite a lot and we may wait for a long time to see the increase again.

In using the Stop Loss feature we must also do analsia and read trends, if the possibility of the market will rise we don't need to use stop loss features. This is needed an analysis and good experience to be able to predict the direction of the market correctly, because the Crypto market is very volatile.

Indeed. People must apply a stop loss after they do some analysis/research. People need to know the minimum price to sell the coins at an unexpected situation. Crypto market is surely always unpredictable, the price can drop significantly at any time. That's why we must have the way to minimize severe losses.

[enwi]

In futures trading, we should use stop loss so that we do not experience greater losses if we predict the price wrongly or make the wrong strategy. But in spot trading if we choose the top coins, we do not need a stop loss because when there is a decline we can hold it, and the possibility of the coin will rise again.

Actually, it is needed to use stop loss both in future and spot. Moreover it is for day trading, we have a target for taking profits in a short time. To keep the funds in a good shape and to avoid getting big losses, it is very advisable to apply stop loss. I'm sure a trader has a different goal than a holder, a trader wants a quick profit. Even it is the top coins, they can decline quite a lot and we may wait for a long time to see the increase again.

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital. When using a stop loss setting, we are able to preserve the money funds, as well, control our emotions during a frequent fluctuation of prices. This is very useful, particularly if we are working under conditions which are quite unpredictable in the market, as this is most often the case. This step adds more of a degree of control, coercion that is expected in order to remove chances from the probabilities of the decision taken. Regardless of the asset type it is, consistency and risk awareness are always things that help in a long-run learning process. When having a clear strategy it becomes easier to take a step by step approach on the actual trading process.

[debra]

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital.

Money management is important, we need to keep the funds in a good shape. Stop loss will avoid the bad shape of the funds. If we get huge losses, our capital will be in a bad shape.

When using a stop loss setting, we are able to preserve the money funds, as well, control our emotions during a frequent fluctuation of prices. This is very useful, particularly if we are working under conditions which are quite unpredictable in the market, as this is most often the case. This step adds more of a degree of control, coercion that is expected in order to remove chances from the probabilities of the decision taken.

Stop lose is the way to secure the funds (capital). Even if we get losses, we don't lose our capital. There are many people who don't use the stop loss, they end up with losing the money. If this happens, we can't use the capital from the coins anymore. And we may become emotion because of losing the money.

[milewilda]

In futures trading, we should use stop loss so that we do not experience greater losses if we predict the price wrongly or make the wrong strategy. But in spot trading if we choose the top coins, we do not need a stop loss because when there is a decline we can hold it, and the possibility of the coin will rise again.

Actually, it is needed to use stop loss both in future and spot. Moreover it is for day trading, we have a target for taking profits in a short time. To keep the funds in a good shape and to avoid getting big losses, it is very advisable to apply stop loss. I'm sure a trader has a different goal than a holder, a trader wants a quick profit. Even it is the top coins, they can decline quite a lot and we may wait for a long time to see the increase again.

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital. When using a stop loss setting, we are able to preserve the money funds, as well, control our emotions during a frequent fluctuation of prices. This is very useful, particularly if we are working under conditions which are quite unpredictable in the market, as this is most often the case. This step adds more of a degree of control, coercion that is expected in order to remove chances from the probabilities of the decision taken. Regardless of the asset type it is, consistency and risk awareness are always things that help in a long-run learning process. When having a clear strategy it becomes easier to take a step by step approach on the actual trading process.

When we do speak or talk about trading or any investment, then it is really that important that you should really that know on what you are doing and when it comes on having that limits then it will really be that crucial. It is really that important that you do really have those kind of borderlines when it comes to money or profit making and always set out those stop points on which you will really be needing up to consider specially when you are already that losing up that much. People do usually face up some issues on the moment that they are really that going beyond control and moderation because once that human greed kicks in then this is where it will be that starting to mess up everything.

[omori]

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital.

Money management is important, we need to keep the funds in a good shape. Stop loss will avoid the bad shape of the funds. If we get huge losses, our capital will be in a bad shape.

That's a simple risk management for you and your funds.
Being ready for the worst is essential on the market, especially on the one we are in at the moment.

[enwi]

In futures trading, we should use stop loss so that we do not experience greater losses if we predict the price wrongly or make the wrong strategy. But in spot trading if we choose the top coins, we do not need a stop loss because when there is a decline we can hold it, and the possibility of the coin will rise again.

Actually, it is needed to use stop loss both in future and spot. Moreover it is for day trading, we have a target for taking profits in a short time. To keep the funds in a good shape and to avoid getting big losses, it is very advisable to apply stop loss. I'm sure a trader has a different goal than a holder, a trader wants a quick profit. Even it is the top coins, they can decline quite a lot and we may wait for a long time to see the increase again.

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital. When using a stop loss setting, we are able to preserve the money funds, as well, control our emotions during a frequent fluctuation of prices. This is very useful, particularly if we are working under conditions which are quite unpredictable in the market, as this is most often the case. This step adds more of a degree of control, coercion that is expected in order to remove chances from the probabilities of the decision taken. Regardless of the asset type it is, consistency and risk awareness are always things that help in a long-run learning process. When having a clear strategy it becomes easier to take a step by step approach on the actual trading process.

When we do speak or talk about trading or any investment, then it is really that important that you should really that know on what you are doing and when it comes on having that limits then it will really be that crucial. It is really that important that you do really have those kind of borderlines when it comes to money or profit making and always set out those stop points on which you will really be needing up to consider specially when you are already that losing up that much. People do usually face up some issues on the moment that they are really that going beyond control and moderation because once that human greed kicks in then this is where it will be that starting to mess up everything.

Of course this is why it is very important to keep control in trading or investing so that goals we set and the actions we are taking are controlled. When it comes to money some of the bets may be much risky that it is advisable to place some kind of a barrier to which you will not exceed. Haste, negligence or too much desire for profit are often the main reasons for the thou sands of unexpected losses as a result of overconfidence and failure to remember the reason for engagement. In this way, it becomes possible to take important and calm decisions for us on adverse conditions, if the market conditions are unstable or uncertain.

[LogitechMouse]

---

Greedy is a bad nature. A true investor/trader should avoid it because it may end up with bad result. I'm sure that investors/traders who have proper knowledge, they won't be greedy. They must know how to determine the right time for entry and exit. It should be through analysis, they won't decide it carelessly.

BTC, ETH, BNB, DOT, ADA, and some other top coins with good fundamentals deserve to hold for a long time. However, we must have certain goal for taking profits. It is impossible that we will hold them forever. By the way, a long term investors must have a big patient. If they can't be patient, they are better to be a trader only.

Greed for most of the time results into bad things, but there are rare instances where being greedy turns into profit... only for those who can know how to stop after being greedy of course. This is why many always say that the longer, the better. This is why many are saying that the long term is better, and it's true. Being patient really pays off, but unfortunately, not all has the patience to hold their coins, and they prefer the quicker way which is trading.

Trading can be for everyone, but not everyone will make money into it. We can have goals whenever we are trading, but if we can't control ourselves, that will be useless. Sticking to our goals is good, but let's learn how to be patient.

[Mr. Magkaisa]

In futures trading, we should use stop loss so that we do not experience greater losses if we predict the price wrongly or make the wrong strategy. But in spot trading if we choose the top coins, we do not need a stop loss because when there is a decline we can hold it, and the possibility of the coin will rise again.

Actually, it is needed to use stop loss both in future and spot. Moreover it is for day trading, we have a target for taking profits in a short time. To keep the funds in a good shape and to avoid getting big losses, it is very advisable to apply stop loss. I'm sure a trader has a different goal than a holder, a trader wants a quick profit. Even it is the top coins, they can decline quite a lot and we may wait for a long time to see the increase again.

It is always advisable for anyone who is personally involved in trading to endeavour to impose some measures which would put lock to his capital. When using a stop loss setting, we are able to preserve the money funds, as well, control our emotions during a frequent fluctuation of prices. This is very useful, particularly if we are working under conditions which are quite unpredictable in the market, as this is most often the case. This step adds more of a degree of control, coercion that is expected in order to remove chances from the probabilities of the decision taken. Regardless of the asset type it is, consistency and risk awareness are always things that help in a long-run learning process. When having a clear strategy it becomes easier to take a step by step approach on the actual trading process.

When we do speak or talk about trading or any investment, then it is really that important that you should really that know on what you are doing and when it comes on having that limits then it will really be that crucial. It is really that important that you do really have those kind of borderlines when it comes to money or profit making and always set out those stop points on which you will really be needing up to consider specially when you are already that losing up that much. People do usually face up some issues on the moment that they are really that going beyond control and moderation because once that human greed kicks in then this is where it will be that starting to mess up everything.

         -     This is really what all community traders should be doing, but the problem is that they don't pay attention to the warnings of other communities here in the crypto space. Why? That's because the focus of their thoughts is that they need to get a profit from trading.

This behavior makes them unaware that they have fallen into the trap of having greed that they usually can't admit to themselves, and they will only realize in the end that it will be difficult for them to get out of it.

[omori]

         -     This is really what all community traders should be doing, but the problem is that they don't pay attention to the warnings of other communities here in the crypto space. Why? That's because the focus of their thoughts is that they need to get a profit from trading.

This behavior makes them unaware that they have fallen into the trap of having greed that they usually can't admit to themselves, and they will only realize in the end that it will be difficult for them to get out of it.

Yep. Some are too blinded by the profits at hand - and they are getting punished for it heavily.
When you do things responsibly and coldly - you will never experience such a FOMO and feeling that you lost a good deal, because you would still make a profit, just a smaller one.

[bounceback]

Of course this is why it is very important to keep control in trading or investing so that goals we set and the actions we are taking are controlled. When it comes to money some of the bets may be much risky that it is advisable to place some kind of a barrier to which you will not exceed. Haste, negligence or too much desire for profit are often the main reasons for the thou sands of unexpected losses as a result of overconfidence and failure to remember the reason for engagement. In this way, it becomes possible to take important and calm decisions for us on adverse conditions, if the market conditions are unstable or uncertain.

Control emotion including how to set up much profitable to earn is most important in trading, many trader forget when their coins trading have reach higher price drastically and keep to hold until loss opportunity for selling on higher price when coins dropping significant. Firstly set up for every coins trade how much profitable to earn and make sell order indeed later price going or not after our selling order fill.
Now when trading cryptocurrency or other kinds investment have to know greedy is not good way and have potential for us loss much profit later, so always set up how much percent price increase for selling our coins and not get greedy keep hold it when price pumping.

[tequilla_sunset]

Control emotion including how to set up much profitable to earn is most important in trading, many trader forget when their coins trading have reach higher price drastically and keep to hold until loss opportunity for selling on higher price when coins dropping significant. Firstly set up for every coins trade how much profitable to earn and make sell order indeed later price going or not after our selling order fill.
Now when trading cryptocurrency or other kinds investment have to know greedy is not good way and have potential for us loss much profit later, so always set up how much percent price increase for selling our coins and not get greedy keep hold it when price pumping.

You either control yourself and get something out of your positions, or you are greedy and get nothing, or at worst cases - a minus to your depo.
So it's very wise to have targets set beforehand to not to fall victim to such temptations.

[Bobcrypto]

Just like i wrote last concerning greed, it is mostly common found among traders, holders on the crypto market to believe that the price of certain coins will continue to rise, unfortunately it start Falling unawares.
I have being in thus situation many times, though i was just trading with a little capital. Honestly, if you are trading with just small capital, it may be difficult to close a position because the take profit rate may be far below a targeted   level when prices start Falling unawares.

For example, if you are trading with $100, you may not likely close your position with just $0.5 cent profit, whereas, another trader with $500 capital may quickly Take profits with a slight price increase, at least, $4 at the same market price level with the trader that has just $100 as capital.

in a nutshell, though many traders with small capital try to close their positions but they can be hindered due to low profit margin, and they may desire a further price increase to get a tangible profit at the end of the trade.

[tequilla_sunset]

Just like i wrote last concerning greed, it is mostly common found among traders, holders on the crypto market to believe that the price of certain coins will continue to rise, unfortunately it start Falling unawares.
I have being in thus situation many times, though i was just trading with a little capital. Honestly, if you are trading with just small capital, it may be difficult to close a position because the take profit rate may be far below a targeted   level when prices start Falling unawares.

For example, if you are trading with $100, you may not likely close your position with just $0.5 cent profit, whereas, another trader with $500 capital may quickly Take profits with a slight price increase, at least, $4 at the same market price level with the trader that has just $100 as capital.

in a nutshell, though many traders with small capital try to close their positions but they can be hindered due to low profit margin, and they may desire a further price increase to get a tangible profit at the end of the trade.

That's why some try to flip some coins and get lots of profit from them.
But they then proceed to get burned and to lose their depos.
Better to have a small profit than a big minus, in my opinion.

[doc]

Of course this is why it is very important to keep control in trading or investing so that goals we set and the actions we are taking are controlled. When it comes to money some of the bets may be much risky that it is advisable to place some kind of a barrier to which you will not exceed. Haste, negligence or too much desire for profit are often the main reasons for the thou sands of unexpected losses as a result of overconfidence and failure to remember the reason for engagement. In this way, it becomes possible to take important and calm decisions for us on adverse conditions, if the market conditions are unstable or uncertain.

Control emotion including how to set up much profitable to earn is most important in trading, many trader forget when their coins trading have reach higher price drastically and keep to hold until loss opportunity for selling on higher price when coins dropping significant. Firstly set up for every coins trade how much profitable to earn and make sell order indeed later price going or not after our selling order fill.
Now when trading cryptocurrency or other kinds investment have to know greedy is not good way and have potential for us loss much profit later, so always set up how much percent price increase for selling our coins and not get greedy keep hold it when price pumping.

if I personally control my emotions and avoid greed is by returning to the original plan. because by always sticking to the original plan we can avoid greed. When buying we already have a target and a sales plan and we should always consider this. because greed will always come and we can experience losses if we are too greedy because we miss opportunities.