Never Be Greedy!

[dekafee79]

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.

I always do analysis and make my own analysis in trading and investment. because by making our own analysis we can know if we make mistakes or are not getting maximum profit, we can improve the strategy and plan we choose.
You are right, we should not rely on luck, because it will not always be present in our trading.

[UNIVERSE]

I always do analysis and make my own analysis in trading and investment. because by making our own analysis we can know if we make mistakes or are not getting maximum profit, we can improve the strategy and plan we choose.
You are right, we should not rely on luck, because it will not always be present in our trading.

It is a must to do own analysis. Don't trust other people analysis, even they are experts or experienced traders! They can be wrong, they don't guarantee anything. And we must be confident with our analysis because we do it with research and some considerations as well. So why we must rely on other people's analysis? It is mostly a similar way. 

We only can improve our strategy and knowledge if we do it ourselves. If we always depend on other people, we never improve our knowledge. How can have a better strategy if we have no improvement in our knowledge?

[Celsius]

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.

It is very important to control greed not only in trading but in every aspect of life. If you cannot control greed in gambling, then you will definitely not make a profit but you will lose all your capital and go bankrupt. The same principle applies to trading, especially when you are greedy even after making a profit in trading, then you will be at risk of making losses instead of profits.

[Chilwell]

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.

Exactly, everyone trade with the aim of making profits, but that shouldn't guarantee you to make impulsive decisions without carefully considering the consequences of the future, don't think beyond your capabilities, if not your emotions will start controlling you, and before you know it, you may not be able to manage and control your emotions and it will lead to greediness or fear of missing out. Be contented with the profit you made, matter how little it is. An accurate plan will also help you to manage your time effectively and it will also help you to control your emotions.

[Mr. Magkaisa]

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.

I always do analysis and make my own analysis in trading and investment. because by making our own analysis we can know if we make mistakes or are not getting maximum profit, we can improve the strategy and plan we choose.
You are right, we should not rely on luck, because it will not always be present in our trading.

        -     That is why it is important that the analysis we do in trading must be correct, because if it is wrong, for sure we will not get any profit. However, if the analysis done is correct, then the profit we will get in the end is certain.

But if we limit our greed and let it control us, it is also certain that we will not gain anything to get a good profit. So we should not let it enter our character as a trader.

[pieppiep]

        -     That is why it is important that the analysis we do in trading must be correct, because if it is wrong, for sure we will not get any profit. However, if the analysis done is correct, then the profit we will get in the end is certain.

But if we limit our greed and let it control us, it is also certain that we will not gain anything to get a good profit. So we should not let it enter our character as a trader.

Well, each factor in trading must be calculated in a proper way since even the slightest error on the our part might lead to some losses. However, profit motive is the objective of businesses while competing fairly and managing the business with rationality and passion. But if the feeling of greed is allowed to prevail then the decision that is made can indeed be the wrong one. Temperance and perseverance are some of those things that the trader has to deal with in trading that they cannot do without. It is certain then if the plan that one has made will be followed, the likelihood of achieving favourable results will be higher. It is not just the process of buying and selling of commodities with an aim of making profits but how we can conduct ourselves and ensure that we remain disciplined through the conducting of business.

[Celsius]

Greed must be eliminated in every aspect of life, otherwise it will not be possible to be successful in life. In trading, one must have the ability to manage greed, otherwise excessive greed will lead to losses despite the possibility of making a profit at a particular moment. It should be remembered that trading is an important field, and if someone does not have the skills to handle greed, it would be wise to stay away from trading.

[ZAINmalik75]

I always do analysis and make my own analysis in trading and investment. because by making our own analysis we can know if we make mistakes or are not getting maximum profit, we can improve the strategy and plan we choose.
You are right, we should not rely on luck, because it will not always be present in our trading.

I also did analysis at those times but the knowledge was limited at that time and you know like now everyone is talking about AI and all those AI projects like AI agent, swarms etc. you get the feeling that this coin is spcieals and it will explode especially when your favorite influencer shows positive signs for that coin.

You think this is next gem like people are thinking now, but in last cycle there were many gaming and metaverse projects in which I invested but they failed to deliver same now these ai projects will also fail to deliver.

[Rubel007]

Greed must be eliminated in every aspect of life, otherwise it will not be possible to be successful in life. In trading, one must have the ability to manage greed, otherwise excessive greed will lead to losses despite the possibility of making a profit at a particular moment. It should be remembered that trading is an important field, and if someone does not have the skills to handle greed, it would be wise to stay away from trading.

Definitely, It can be said that the biggest enemy of a trader is the greed. If a trader cannot control his greed in trading, then he will never get the desired results from trading. Many traders can profit from their trading, but due to greed, they cannot enjoy that profit and can lose all their assets. Moreover, when greed works in a trader, he can also lose control of himself emotionally. When a trader becomes greedy in trading, the negative aspects of trading will be exposed.

[ZAINmalik75]

        -     That is why it is important that the analysis we do in trading must be correct, because if it is wrong, for sure we will not get any profit. However, if the analysis done is correct, then the profit we will get in the end is certain.

I did the basic analysis from my end, and after analysis, the coin was good looking to me I thought I would make enough profit from it, but the risk also involved the mistake I made of investing a huge amount in a metaverse + gaming project but did not thought to invest a small amount, I actually adopt to the environment I was in and in that company people were too bullish about some projects back in the 2020 cycle.

It was an uneducated mistake I learned.

But if we limit our greed and let it control us, it is also certain that we will not gain anything to get a good profit. So we should not let it enter our character as a trader.

We should never be greedy if we are making profit just don't book the profit only but close the trade fully unless there is bug sign of another pump.

[DragonF]

Definitely, It can be said that the biggest enemy of a trader is the greed. If a trader cannot control his greed in trading, then he will never get the desired results from trading. Many traders can profit from their trading, but due to greed, they cannot enjoy that profit and can lose all their assets. Moreover, when greed works in a trader, he can also lose control of himself emotionally. When a trader becomes greedy in trading, the negative aspects of trading will be exposed.

You are right; a rapacious trader will never be content. Even when there are returns, he still wants more, and because the market is erratic, he may occasionally lose the profits and even feel sad about not utilizing the profit. A greedy trader, in my experience, is never content since he consistently loses his gains. 

Imagine that a trader begins trading with $1000 and makes an extra $500 profit. Because of greed, he may believe that the $500 is not much and so he may ignored the profit and keep trading, but he may be surprised by a market decline where he loses all of his profit and possibly some of his capital. In such a situation, a trader is never happy. 

[enwi]

Greed must be eliminated in every aspect of life, otherwise it will not be possible to be successful in life. In trading, one must have the ability to manage greed, otherwise excessive greed will lead to losses despite the possibility of making a profit at a particular moment. It should be remembered that trading is an important field, and if someone does not have the skills to handle greed, it would be wise to stay away from trading.

Definitely, It can be said that the biggest enemy of a trader is the greed. If a trader cannot control his greed in trading, then he will never get the desired results from trading. Many traders can profit from their trading, but due to greed, they cannot enjoy that profit and can lose all their assets. Moreover, when greed works in a trader, he can also lose control of himself emotionally. When a trader becomes greedy in trading, the negative aspects of trading will be exposed.

Trading involves dealing with emotions is another facet that cannot be considered irrelevant especially when one is confronted with the temptation of seeking more profits. If not checked, this desire can even have detrimental effects of the feat that has been achieved. There are certain scenarios that most of us face in his lifetime during which decisions are made out of raw impulse and not out of well thought. This can lead to higher risks and even the earlier developed strategies become simply unusable. It means decisions can be made but not to rush because being all worked up may not be of much help, and this will help in controlling the emotions.

[alltalk]

It is very important to control greed not only in trading but in every aspect of life. If you cannot control greed in gambling, then you will definitely not make a profit but you will lose all your capital and go bankrupt. The same principle applies to trading, especially when you are greedy even after making a profit in trading, then you will be at risk of making losses instead of profits.

You're right. Being greedy will make us in trouble, this goes for anything. If we are greedy, we can't control our desire. We probably end up with a regret because we have too high hope. Yep, it also applies in trading, we shouldn't be greedy because we will miss the chance for taking good profits. During the bullrun season, it is the best time to take profits. However, many people set a too high target for profits, then they miss the chance to sell their coins. If we do this, we can't take optimum advantage from this bullrun season. So, we must make a reasonable target and it should be based on analysis/research.

[Chilwell]

Greed must be eliminated in every aspect of life, otherwise it will not be possible to be successful in life. In trading, one must have the ability to manage greed, otherwise excessive greed will lead to losses despite the possibility of making a profit at a particular moment. It should be remembered that trading is an important field, and if someone does not have the skills to handle greed, it would be wise to stay away from trading.

In every aspect of life not just trading, if you are greedy there is a possibility for the person to be a looser. contentment is the weapon that you can use to fight against greediness. If you are happy and satisfied with every little thing that you have or the little profit that you make, then there will be no room for greediness. As a trader, it is very important for you to control your emotions and don't let your  emotions control you because it may lead to taking the wrong decision that will affect your career and you will live to regret it for the rest of your life.

[dekafee79]

Greed must be eliminated in every aspect of life, otherwise it will not be possible to be successful in life. In trading, one must have the ability to manage greed, otherwise excessive greed will lead to losses despite the possibility of making a profit at a particular moment. It should be remembered that trading is an important field, and if someone does not have the skills to handle greed, it would be wise to stay away from trading.

In every aspect of life not just trading, if you are greedy there is a possibility for the person to be a looser. contentment is the weapon that you can use to fight against greediness. If you are happy and satisfied with every little thing that you have or the little profit that you make, then there will be no room for greediness. As a trader, it is very important for you to control your emotions and don't let your  emotions control you because it may lead to taking the wrong decision that will affect your career and you will live to regret it for the rest of your life.

Yeah, I agree with you in every aspect of our lives we should not be greedy. We must be able to control our emotions and have targets. because when the target has been achieved we should not be greedy to get bigger profits, because the crypto market is difficult to predict and very volatile. I agree with those who suggest not to be greedy.