Never Be Greedy!

[dave_strider]

In trading and investing, it is important not to be greedy. Because with minimal mistakes that we do, that's where things are going to end up badly. And that's why if we're going to trade, set some targets and limits so that we'll never have any troubles upon trading. Most of the traders end up losing because they're wanting to get as much profits as they can and they're not content with how much they have made.

I agree, in some trades we make profits but we only book profits and don't close the trade fully in the greed of making more money from that token and at the end that token dumps more and eat your profit and the capital both and sometimes make you lose too.

Therefore we must have our plan and we must stick to it for better results we should not marry any coin if we are making a profit then leave that coin until we find another opportuntiy in the space.

If there is a plan, there is a goal.
At least there would be fewer chances of the fact that we would be tempted to act wrongly due to the facts presented to us.
Once we get straight to the point, we are going to succeed, little by little.

[DragonF]

in trading we should not be greedy and must be in accordance with the initial plan and target, I agree with this because if we are greedy we can lose. the crypto market is very volatile and sometimes does not match our plan and can even be higher than the initial strategy but if we are greedy sometimes the price suddenly drops and we lose the opportunity to make a profit.

When trading, it is crucial to have a plan. A trader can control their greed if they have a plan and follow it. Greed can still lead a trader to ignore the plan and trade based on emotions rather than discipline. When a trader is constantly moved by impulse, he will struggle to make good use of his trading profits.

The more he profits, the more he becomes excited and wants to trade in order to increase his gains. No amount of profit can satisfy such a trader, and he is likely to lose everything because, as you mentioned, the market is volatile, and a small change in the market graph can affect his profit. 

[omori]

^ A plan is a big part of a success.
Once you don't know what you are working for - you start making mistakes.
Even though things may be good, the ending of a trading session may go wrong due to that.

[Crypto Library]

When trading, it is crucial to have a plan. A trader can control their greed if they have a plan and follow it. Greed can still lead a trader to ignore the plan and trade based on emotions rather than discipline. When a trader is constantly moved by impulse, he will struggle to make good use of his trading profits.

The more he profits, the more he becomes excited and wants to trade in order to increase his gains. No amount of profit can satisfy such a trader, and he is likely to lose everything because, as you mentioned, the market is volatile, and a small change in the market graph can affect his profit.

In fact, greed is the biggest factor in a trader's ability to make profits and face losses.
I think greed is what keeps a trader from sticking to their strategy and forces them to make the wrong investments, which of course indicates trading based on emotion. And these things will never allow a trader to gain profit or achieve success. So first of all we have to make sure that we do not fall into the trap of greed when we come to trading.

[doc]

When trading, it is crucial to have a plan. A trader can control their greed if they have a plan and follow it. Greed can still lead a trader to ignore the plan and trade based on emotions rather than discipline. When a trader is constantly moved by impulse, he will struggle to make good use of his trading profits.

The more he profits, the more he becomes excited and wants to trade in order to increase his gains. No amount of profit can satisfy such a trader, and he is likely to lose everything because, as you mentioned, the market is volatile, and a small change in the market graph can affect his profit.

In fact, greed is the biggest factor in a trader's ability to make profits and face losses.
I think greed is what keeps a trader from sticking to their strategy and forces them to make the wrong investments, which of course indicates trading based on emotion. And these things will never allow a trader to gain profit or achieve success. So first of all we have to make sure that we do not fall into the trap of greed when we come to trading.

This has been widely discussed and suggested by many seniors not to be greedy in trading because it will only eliminate our opportunity to take advantage because the crypto market is difficult to predict but for those who are experienced and choose skills can increase the selling target when the market soars. but of course the risk is very high

[UNIVERSE]

This has been widely discussed and suggested by many seniors not to be greedy in trading because it will only eliminate our opportunity to take advantage because the crypto market is difficult to predict but for those who are experienced and choose skills can increase the selling target when the market soars. but of course the risk is very high

Yes, we already discussed it many times to avoid greedy because it probably ends up with unsatisfying results. If you have a too high target for taking profits, you may miss the best opportunity to gain profits. I've experienced this several times, so I am starting to be more realistic with my targets now. To make realistic targets, we must do deep analysis or research. And we must also always monitor the change on market trends recently.

[Chilwell]

in trading we should not be greedy and must be in accordance with the initial plan and target, I agree with this because if we are greedy we can lose. the crypto market is very volatile and sometimes does not match our plan and can even be higher than the initial strategy but if we are greedy sometimes the price suddenly drops and we lose the opportunity to make a profit.

Greed is indeed one of the most hazardous emotions in trading, as it can lead to impulsive decisions driven by selfishness. just as you said, When market volatility strikes, traders may incur losses. That is why it's important to control your emotions and develop a well planned strategy to navigate the trading journey. To achieve success in cryptocurrency trading, it's essential to cultivate motivation, contentment, and courage. By doing so, you'll be better equipped to manage and control your emotions, making it easier to trade smoothly and attain your goals.

[ZAINmalik75]

If there is a plan, there is a goal.
At least there would be fewer chances of the fact that we would be tempted to act wrongly due to the facts presented to us.
Once we get straight to the point, we are going to succeed, little by little.

What if facts presented to us was manipulated to make us a wrong plan. We all did that mistake, we all made wrong plans and stick to the wrong tokens, those choices has cost all of us in trading, later what we did is sell the coin in loss and entered in another and made more loss from that coin.

Therefore with time we must check if those stats are real and are not manipulated because with time even little by little we can know the difference. We should have a straight plan but we have to keep checking if we are on the straight plan or not.

[Primo1760]

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 does not only harm people on trading platforms, greed harms people in all areas. Especially if we say that trading platforms are very risky platforms. If you are too greedy on this trading platform, you will throw yourself into destruction on the trading platform. Greed is such a deadly thing that kills people bit by bit. I have seen that I have lost a lot due to greed on trading platforms. Sometimes if I had not been greedy, I would have been very successful, but by being too greedy, I have brought my own loss on myself. So if you want to be successful on the trading platform, definitely avoid greed.

[Stuart]

If there is a plan, there is a goal.
At least there would be fewer chances of the fact that we would be tempted to act wrongly due to the facts presented to us.
Once we get straight to the point, we are going to succeed, little by little.

What if facts presented to us was manipulated to make us a wrong plan. We all did that mistake, we all made wrong plans and stick to the wrong tokens, those choices has cost all of us in trading, later what we did is sell the coin in loss and entered in another and made more loss from that coin.

Therefore with time we must check if those stats are real and are not manipulated because with time even little by little we can know the difference. We should have a straight plan but we have to keep checking if we are on the straight plan or not.

That is absolutely correct. At times we find out we are looking or have been looking at the wrong direction when trading or investing in some projects. Those that will or are to be promising, we don't see them on the very early stage, making us lose the profit that is obtainable from them. I'm this instance, it is no more greed, rather luck is not in the show at the moment.

[ZAINmalik75]

in trading we should not be greedy and must be in accordance with the initial plan and target, I agree with this because if we are greedy we can lose. the crypto market is very volatile and sometimes does not match our plan and can even be higher than the initial strategy but if we are greedy sometimes the price suddenly drops and we lose the opportunity to make a profit.

We can sometimes make profit too by being greedy and after that market can drop like you said. If we have a token and we are greedy we took the profit in greed and market dumped this way we can make profit too but this is very rare in crypto industry but most of the time we make profit but end up making lesser profit.

There was a meme of Elon and the son of Trump before the inauguration, and someone titled it as Elon being happy and waiting for 200x and the son of Trump, who was sad and very serious in that video, as someone who booked at 2x. To make a bigger profit, we have to take bigger risks, too.

[New Ranger]

Of course that is very appropriate and the target of the discussion is not long-winded. I still hope for one more drop and then we will see my favorite coin flying to the moon. Bitcoin is still facing an uncertain direction and it is affecting altcoins too for sure. once again by making an entry point with minimum risk will be born maximum profit, so make sure to accept all the consequences if we make a wrong move.

[LUCKMCFLY]

That is absolutely correct. At times we find out we are looking or have been looking at the wrong direction when trading or investing in some projects. Those that will or are to be promising, we don't see them on the very early stage, making us lose the profit that is obtainable from them. I'm this instance, it is no more greed, rather luck is not in the show at the moment.

Sometimes we as traders, as people who are always looking for continuous improvement, we do certain things to earn more, we should always be open to that, new projects are common, but we have to know how to review them, because many times they are scams or ways to take our money, at all times we must be patient, investigators and look for the best way to see if it is feasible or not, in trading there are many gurus, many want to make a difference, but few are those who actually win.

[martinex]

Sometimes we as traders, as people who are always looking for continuous improvement, we do certain things to earn more, we should always be open to that, new projects are common, but we have to know how to review them, because many times they are scams or ways to take our money, at all times we must be patient, investigators and look for the best way to see if it is feasible or not, in trading there are many gurus, many want to make a difference, but few are those who actually win.

Especially if there is a promising invitation before they list and usually there are two possibilities to win big and lose. if I see enough there are still many people who have not checked a new project and continue to buy their coins when the presale is held.

[ZAINmalik75]

That is absolutely correct. At times we find out we are looking or have been looking at the wrong direction when trading or investing in some projects. Those that will or are to be promising, we don't see them on the very early stage, making us lose the profit that is obtainable from them. I'm this instance, it is no more greed, rather luck is not in the show at the moment.

Thanks for agreeing with me it was based on my experience because in past I made lot of investments on other preferences, but now when I saw those investments I think how dumb I was to invest in such tokens on the basis of logics other showed to me.

That's why if we have invested in a coin for long term we must not trust one or two guys who have positive views about them we must do our own research too. In investing and trading we should not trust luck we should do our study then trust luck.