Never Be Greedy!

[DavetJack]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

yueah greed is very dangerous and can throw away our best opportunities or chances to make a profit. I agree with this opinion because several times I have experienced losses because I delayed selling my coins because I was greedy to get higher profits and it turned out that the market experienced a long correction.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.

As far as I know, everyone in the crypto community has more or less greed. Maybe some have less and some have more. But we have to control this greed within ourselves. When we want to do something, we should do it based on our financial situation. Even though I face a loss here, we should try to do better in the future, and it would not be right for us to make the same mistake again even after facing losses here.

[Mr. Magkaisa]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

yueah greed is very dangerous and can throw away our best opportunities or chances to make a profit. I agree with this opinion because several times I have experienced losses because I delayed selling my coins because I was greedy to get higher profits and it turned out that the market experienced a long correction.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.

As far as I know, everyone in the crypto community has more or less greed. Maybe some have less and some have more. But we have to control this greed within ourselves. When we want to do something, we should do it based on our financial situation. Even though I face a loss here, we should try to do better in the future, and it would not be right for us to make the same mistake again even after facing losses here.

          -     Maybe we can only control greed if we don't let it enter our minds and let it control us. What I mean is for us to control greed, let's not let it slip through the cracks so that greed can control us. You know how greediness attacks, we don't realize it has already entered us.

Then we all experience losses here in the crypto space, all we really need is like you mentioned, we should improve even more next time, right?

[Gurujebs]

          -     Maybe we can only control greed if we don't let it enter our minds and let it control us. What I mean is for us to control greed, let's not let it slip through the cracks so that greed can control us. You know how greediness attacks, we don't realize it has already entered us.

Then we all experience losses here in the crypto space, all we really need is like you mentioned, we should improve even more next time, right?

The best way to control greed is if you don't let greed consume you and how do you do that? It's by making sure you don't stick too much eyes in everything. If you are profitable and you have plan on taking the profit, take it and don't be greedy to look for more. You can always come back again after planning the next move and similarly for losses.

The problem about greed is that money and human been can't be separated, the love and husle for money makes people do unpredictable things that at a point when they make the money they don't even know when to exit or take the profit they have made and at the end, they lose everything they have made in the end.

[lombok]

          -     Maybe we can only control greed if we don't let it enter our minds and let it control us. What I mean is for us to control greed, let's not let it slip through the cracks so that greed can control us. You know how greediness attacks, we don't realize it has already entered us.

Then we all experience losses here in the crypto space, all we really need is like you mentioned, we should improve even more next time, right?

The best way to control greed is if you don't let greed consume you and how do you do that? It's by making sure you don't stick too much eyes in everything. If you are profitable and you have plan on taking the profit, take it and don't be greedy to look for more. You can always come back again after planning the next move and similarly for losses.

The problem about greed is that money and human been can't be separated, the love and husle for money makes people do unpredictable things that at a point when they make the money they don't even know when to exit or take the profit they have made and at the end, they lose everything they have made in the end.

The main cause of getting trapped by greed is that most people are never content with what they have attained. Sometimes, society becomes too eager for something more and does not take into consideration the consequences that can be fatal. With this I think that it is very appropriate to embrace the fact that at some point propoer planning can enable one to stop and relish the results to be seen. Greed is something that denies us the ability to manage the decisions we make effectively and we are likely to land on the receiving end. It is much better to think and not act sometimes than act recklessly in order to expand the organisation but without the necessary precautions.

[Mr. Magkaisa]

The main cause of getting trapped by greed is that most people are never content with what they have attained. ry precautions.

         -      This is right, most people are not satisfied when they are enjoying a profit, they already have earnings, there is an opportunity to release it, and stop but because of greediness they were prevented from stopping when they should have, but they continued because they thought they would get even more.

We should really learn to be satisfied when we see that we already have a profit. Especially since we are in the crypto trading industry, and learn to always apply caution so that the capital assets we have are not wasted.

[Ujok]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

yueah greed is very dangerous and can throw away our best opportunities or chances to make a profit. I agree with this opinion because several times I have experienced losses because I delayed selling my coins because I was greedy to get higher profits and it turned out that the market experienced a long correction.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.

As far as I know, everyone in the crypto community has more or less greed. Maybe some have less and some have more. But we have to control this greed within ourselves. When we want to do something, we should do it based on our financial situation. Even though I face a loss here, we should try to do better in the future, and it would not be right for us to make the same mistake again even after facing losses here.

sometimes someone lusts for the big profit he is looking for but he is not aware that the big profit he is looking for will bring him to the abyss and make him bankrupt, we must be aware of this because we must control our emotions and desires in trading. it is better for us to make a strategy on how to make a lot of money and divide our capital into several parts so as not to fall into deep failure.

[DavetJack]

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 is a weakness in human life that can cause great harm if not controlled properly. And greed turns a person's well-planned life into hell. If a greedy person cannot control his mind, he pushes his life into darkness and greed not only causes personal harm but also creates chaos in his society. The main reason for creating inequality, corruption and others is greed. Greed is a big weakness that a person cannot even imagine. We only know that only because of greed, people lie, cheat and want to snatch the rights of others. And to control this greed, we have to be moderate and religion, Islamic hadith and philosophy quotes teach us to be content with what we have and not to expect more.

Especially when we trade with the cryptocurrency market, we have to control our Greed. Because when we want to analyze a currency, without observing it properly, we invest there to earn money quickly and later we face losses there. So it is not right for us to do anything out of greed. We have to analyze what we are going to do properly and then we move forward.

[ajiz138]

        -       Some traders ignore greed, instead they baby it or nurture it to grow into their personality as individual traders. This is also their problem in reality. So, I think greed will never go away. It's just there all around us, if we don't get rid of it, it won't control us for sure.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.

I think they don't keep it, but they are too late or have not realized that they are greedy. I think I have been in that position before I finally realized that it was greed.

Unless they already know that they are wrong but they continue to do it. But I am sure that most people do not want to be like that, but they find it difficult to control it.

[doc]

        -       Some traders ignore greed, instead they baby it or nurture it to grow into their personality as individual traders. This is also their problem in reality. So, I think greed will never go away. It's just there all around us, if we don't get rid of it, it won't control us for sure.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.

I think they don't keep it, but they are too late or have not realized that they are greedy. I think I have been in that position before I finally realized that it was greed.

Unless they already know that they are wrong but they continue to do it. But I am sure that most people do not want to be like that, but they find it difficult to control it.

It takes experience to control greed, because greed will always be there and learning emotional management takes a lot of practice.
At the beginning of investing and trading, I was often greedy to the point of missing the best opportunity to make a profit,
and by starting to have knowledge, experience and understanding the character of the crypto market, I was finally able to control bad emotions such as greed

[Uruhara]

sometimes someone lusts for the big profit he is looking for but he is not aware that the big profit he is looking for will bring him to the abyss and make him bankrupt, we must be aware of this because we must control our emotions and desires in trading. it is better for us to make a strategy on how to make a lot of money and divide our capital into several parts so as not to fall into deep failure.

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

[Blaze]

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

Greed perhaps occurs especially when it seems that one is close to making a very big profit, which is among the tricky things to overcome. I have experienced it myself sometimes and that is probably why it is hard to restrain oneself from taking more risks in business and more profits to gain. But, the more I became able to control that feeling, it showed me the usefulness of self discipline in bringing about result oriented outcome. Some things can be planned that will be of help, but personal discipline is better when incorporated into that plan. Thus, we refrain from getting more at the moment, but actually this approach allows a more rational plan to emerge.

[Uruhara]

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

Greed perhaps occurs especially when it seems that one is close to making a very big profit, which is among the tricky things to overcome. I have experienced it myself sometimes and that is probably why it is hard to restrain oneself from taking more risks in business and more profits to gain. But, the more I became able to control that feeling, it showed me the usefulness of self discipline in bringing about result oriented outcome. Some things can be planned that will be of help, but personal discipline is better when incorporated into that plan. Thus, we refrain from getting more at the moment, but actually this approach allows a more rational plan to emerge.

Many novice traders fail because they cannot control their greed. But for those who can ultimately control their greed and always remain firm in carrying out the plans they have made. So usually he will become a professional trader who can regulate his own emotions. I can sometimes control that greed. But sometimes I can't. The point is that I haven't been consistent in this matter. If you can do it then that is a very good success.

[zagreus]

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

Greed can be controlled if you have clear targets ahead of yourself.

It can't hit you when you are working toward a goal, not something that is not seen or well-thought: many become greedy if they see green and it only rises, only to plummit in one swift go.

[Uruhara]

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

Greed can be controlled if you have clear targets ahead of yourself.

It can't hit you when you are working toward a goal, not something that is not seen or well-thought: many become greedy if they see green and it only rises, only to plummit in one swift go.

Well of course greed can be controlled. Especially if someone has a very high level of discipline. And yes, one of the reasons we can control greed is when we already have a goal or target that has been created or has been included in our trading plan. Such as price targets and so on. But there are times when we go outside the plans that have been made when we are not disciplined and lose because of our greed.

[odin]

But talking about greed in trading, many people actually know that it should be avoided. But in reality avoiding greed is the most difficult thing that even I have experienced myself. Perhaps greed has become the most difficult human trait to control. But if we succeed in controlling it then it is possible for us to be more consistent in achieving profits. because it will be easier for us to carry out the careful planning that has been made.

Greed can be controlled if you have clear targets ahead of yourself.

It can't hit you when you are working toward a goal, not something that is not seen or well-thought: many become greedy if they see green and it only rises, only to plummit in one swift go.

Well of course greed can be controlled. Especially if someone has a very high level of discipline. And yes, one of the reasons we can control greed is when we already have a goal or target that has been created or has been included in our trading plan. Such as price targets and so on. But there are times when we go outside the plans that have been made when we are not disciplined and lose because of our greed.

Some, unfortunately, are getting thoughts of profiting bigger if they hold just for a day or two more - whereas it may end in theirs positions minus or its end entirely.