Never Be Greedy!

[Nheer]

Yes, that is a true story that I experienced, and there may be many similar stories out there. Actually, greed is also just an outline, because it can bring other things. For example, greed will make us jealous of what others do or what others get. Well, these kinds of traits will come if we have greed and of course it is a bad trait.

That's where knowledge and the cold head come into place.

Risk management is essential to keep up the pace and not fall off eventually.

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

[JISAN]

Yes, that is a true story that I experienced, and there may be many similar stories out there. Actually, greed is also just an outline, because it can bring other things. For example, greed will make us jealous of what others do or what others get. Well, these kinds of traits will come if we have greed and of course it is a bad trait.

That's where knowledge and the cold head come into place.

Risk management is essential to keep up the pace and not fall off eventually.

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Risk management must be done to get the best out of trading. Most new traders find trading much easier than watching others profit. And they rush into trading without any analysis knowledge. Due to which they lose a lot of amount. Not everyone knows how to do risk management, especially new traders.

In terms of trading, DCA also works well. Divide your capital into several parts according to the duration of your trading. If you invest one after another, the risk of big losses is reduced. So it can be a good strategy to reduce risk by looking at trading

[bounceback]

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Cut loss is one of part including risk management in trading, I think most important how to set up risk management in trading if market out from our predicting. Get big profit in trading we must acceptable high risk but if want low risk keep trading as faster for taking profit although with few percent price raise up.
In trading we must take patience waiting market recovery or raise to higher price, don't be panic selling at lower price but try to hold as longer time until market recovery back.

[doc]

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Cut loss is one of part including risk management in trading, I think most important how to set up risk management in trading if market out from our predicting. Get big profit in trading we must acceptable high risk but if want low risk keep trading as faster for taking profit although with few percent price raise up.
In trading we must take patience waiting market recovery or raise to higher price, don't be panic selling at lower price but try to hold as longer time until market recovery back.

I rarely do cut loss, because if there is a price decrease I prefer to wait for the market to improve again. but it depends on our analysis and considerations to do it, because of course we must understand risk management. because the risk in trading and investing will always be there.

[milewilda]

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Cut loss is one of part including risk management in trading, I think most important how to set up risk management in trading if market out from our predicting. Get big profit in trading we must acceptable high risk but if want low risk keep trading as faster for taking profit although with few percent price raise up.
In trading we must take patience waiting market recovery or raise to higher price, don't be panic selling at lower price but try to hold as longer time until market recovery back.

Cut losses will really be only that only relevant when you do make up some futures trading but i dont see for this to be needed when you do make out some spot trading because you can eventually be able to hold up your position and as long you wont really be deciding to make out some panic selling when price drops then i dont really see any issues or problems with this one. There are really just that those times that you would really be having that urge on doing something just because you cant be able to handle up your emotions. Speaking about being greedy then its a normal thing for human being specially when dealing up with earning money but once you do have that experience then you do have that idea on what you sould gonna do.

[Bobcrypto]

It is a sign of market awareness if one can actually set goals and follow them to their logical conclusion. It is a fact that price changes in digital assets can be unpredictable therefore having a system that can operate in existing conditions is explicable. But if the big profit opportunity is not yet open, obtaining a small profit is another effective step. Unfortunately, no one knows how the market will behave in the closest future, but it still makes perfect sense to take any opportunity which is present at the moment. This attitude indicates that too we have our own style of managing the assets bearing in mind the various things that could at any given moment happen.

Those who buy and hold coins like Bitcoin, ETH, BNB, SOL on the spot and don't sell them despite being in profit can't be called greedy.  But those who invest in memecoin or hyped coins to get a quick profit but don't sell them despite the profit to make more profit or those who trade futures to multiply their funds very quickly are greedy.  And such greedy people can never succeed.  Sometimes they profit more than the normal trading profit but when they lose it is many times more than that.  This time they can never be in profit.  To get good from crypto one must have patience and at the same time have good knowledge about crypto.  Just having the ability to invest is not enough to succeed in crypto.

Yeah, there are actually two side of a coin, those who are holding Bitcoin, BNB, Sol, Ether etc, and refuse to sell on the spot market as you mentioned could be greedy but it depends certain reasons.
Now, besides being greedy, there are coin/tokens holders who are holding Bitcoin, Sol, BNB, Ether for long term, while there are those that are holding just for few weeks or months. These sets of holders are different on their planned profit targets.
Those who are holding for few weeks or months and refused to sell even when prices has increased might be absolutely greedy, but those holding for a year or more might not be greedy because their selling time is far away, except they start closing their positions because of fear on a continuous declining market prices.

[Mr. Magkaisa]

Yes, that is a true story that I experienced, and there may be many similar stories out there. Actually, greed is also just an outline, because it can bring other things. For example, greed will make us jealous of what others do or what others get. Well, these kinds of traits will come if we have greed and of course it is a bad trait.

That's where knowledge and the cold head come into place.

Risk management is essential to keep up the pace and not fall off eventually.

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Risk management must be done to get the best out of trading. Most new traders find trading much easier than watching others profit. And they rush into trading without any analysis knowledge. Due to which they lose a lot of amount. Not everyone knows how to do risk management, especially new traders.

In terms of trading, DCA also works well. Divide your capital into several parts according to the duration of your trading. If you invest one after another, the risk of big losses is reduced. So it can be a good strategy to reduce risk by looking at trading

       -       That should be the mindset of those who enter trading, don't rush to get a profit from trading. And I also agree that risk management is one thing
that traders in the crypto business industry can really learn.

There are many things to consider when entering crypto trading, as much as possible we should have knowledge or ideas about trading so that the trading activity we will do will be proper if ever. Because this is what is really appropriate.

[Brijesh]

Right dear, i am one of the greedy guy who buy DOT at 15$ and not sell during 2021 bullrun on 50$ , thn i sold Dot on 9$ in 2023 bear market,  so please never be greedy.

[doc]

       -       That should be the mindset of those who enter trading, don't rush to get a profit from trading. And I also agree that risk management is one thing
that traders in the crypto business industry can really learn.

There are many things to consider when entering crypto trading, as much as possible we should have knowledge or ideas about trading so that the trading activity we will do will be proper if ever. Because this is what is really appropriate.

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

[enwi]

       -       That should be the mindset of those who enter trading, don't rush to get a profit from trading. And I also agree that risk management is one thing
that traders in the crypto business industry can really learn.

There are many things to consider when entering crypto trading, as much as possible we should have knowledge or ideas about trading so that the trading activity we will do will be proper if ever. Because this is what is really appropriate.

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

That is why I am beginning to suspect that the current rise of Bitcoin is not solid enough to give confidence to the next push forward is going to happen soon. It is evident that the Bitcoin has a fairly good upward inclination but by the latest pattern from the graph there is still so much selling pressure. Each time the price is high, many people start selling so that the price drops again thereby giving them an opportunity to enter again. If other such patterns are repeated in such a scenario without any steep rise in volume, it can be argued that Bitcoin will need to undergo another round of consolidation before it gets to the next level. Thus, the market, overall mood and even world’s monetary policy may continue to put pressure on the price. Thus, I will expect another bearish wave before a more directional movement up will be observed in Bitcoin.

[JISAN]

Right dear, i am one of the greedy guy who buy DOT at 15$ and not sell during 2021 bullrun on 50$ , thn i sold Dot on 9$ in 2023 bear market,  so please never be greedy.

Ops ,What did you do with it? This was a 333% profit on a coin purchased at $15 going to $50. Usually getting 3x profit from any coin is a big deal. When there is more than 3x profit and you refuse to take it, it is definitely an example of greed. There are great things to come from crypto but it would be foolish to expect anything extra for it. Always think of a standard profit. If you expect to get extra profit then it becomes like gambling.

[Mr. Magkaisa]

       -       That should be the mindset of those who enter trading, don't rush to get a profit from trading. And I also agree that risk management is one thing
that traders in the crypto business industry can really learn.

There are many things to consider when entering crypto trading, as much as possible we should have knowledge or ideas about trading so that the trading activity we will do will be proper if ever. Because this is what is really appropriate.

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

That is why I am beginning to suspect that the current rise of Bitcoin is not solid enough to give confidence to the next push forward is going to happen soon. It is evident that the Bitcoin has a fairly good upward inclination but by the latest pattern from the graph there is still so much selling pressure. Each time the price is high, many people start selling so that the price drops again thereby giving them an opportunity to enter again. If other such patterns are repeated in such a scenario without any steep rise in volume, it can be argued that Bitcoin will need to undergo another round of consolidation before it gets to the next level. Thus, the market, overall mood and even world’s monetary policy may continue to put pressure on the price. Thus, I will expect another bearish wave before a more directional movement up will be observed in Bitcoin.

          -      Well, they say that when there is a consolidation in the price of bitcoin, how long or short the sideways movement is, that is also the average size of the rise and fall of its price in the market. And if I look at its history, what others are saying is also correct in this regard.

That's why until now I still wonder how scalpers can make such quick profits in such a short time, I mean in just a few minutes,
what I still don't really understand is what tools they use here.

[UNIVERSE]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

Of course, it is one of the crucial matter in trading. Without good risk management, we may get severe losses. We need to deal with the risks, we need to have a proper approach to face the possible risks. There is no way that we can avoid to face the risks, it is something natural to have the risks in trading. The risks isn't only in trading, it is also in investment. Basically, every business, it has the level of its own risks.

[MRY]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

Of course, it is one of the crucial matter in trading. Without good risk management, we may get severe losses. We need to deal with the risks, we need to have a proper approach to face the possible risks. There is no way that we can avoid to face the risks, it is something natural to have the risks in trading. The risks isn't only in trading, it is also in investment. Basically, every business, it has the level of its own risks.

In trading and investment, risk is never a thing of the past but rather a phenomenon that is ever present in lives. To be prepared for all types of risks, it is important to encounter risk in a manner that is planned and gradual. Indeed, this rarely happens and that sometimes the negatives which you may have expected do not negative results may not result but by planning ahead you can avoid their effects. As suggested, any decision made on any business, even more so within the market, is undoubtedly behind some level of risk that should not go unnoticed. Nevertheless, having control over this risk will make you to be stable and rational during the time that the market conditions pull down your anticipations.

[DragonF]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.