Do Not be Greedy

[sugarpie2018]

In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

[Zed0X]

It would depend on market condition. 20% profit is decent during bear markets but measly during bull markets. But yeah, profit is still a profit. Take it whenever you can.

[Speaker]

I agree that a small but stable profit is much more important. We do not need to chase huge profits in an attempt to get rich.The market is different now and earning becomes more difficult.

[shadowdio]

yep I agree don't be greedy, well it's a lesson for me that I didn't sell right away when I was gaining profit, but suddenly the price was down, too bad. Just be contented of your profit.

[Zed0X]

yep I agree don't be greedy, well it's a lesson for me that I didn't sell right away when I was gaining profit, but suddenly the price was down, too bad. Just be contented of your profit.

This happened to me as well and I believe it also happens to most newbies. I watched my tokens go up for 50% or more profit and down to 50% loss  Hard trading lessons.

[Barmalei]

if to trade for the short period, then even 3-5% are a good gain, it is possible to make several transactions in a day. If it is about long-term trade that is possible also bigger 15-20%

[Speaker]

For a beginner, day trading is not the best strategy.Too much effort goes into risk management. Long-term investment a quieter trading strategy.

[sampoerna]

20% or 30% is the ideal amount to get profits in crypto trading. This crypto value is very easy to change so don't wait to get a higher profit than that. Because it could be what you expect does not happen.

[Speaker]

In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

I agree that there is no need to chase super profits and wait for x10-X100. This could be seen before, but now the market is not the same. A profit of 5-10% for a trader is considered to be a very successful transaction. Many people who invest in stocks are waiting for such a profit for months and are very happy about it.

[Dinaflorean]

this is my first experience in the world of crypto in seeking profit must be able to control the greedy nature of better profit a little but flow

[DEADPOOL]

In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

More correctly will be divided into 3 stages of sales! For example, you bought 1 eth at a price of$240. Next, you place pending orders as a percentage of 50%, 30%, 20%. Namely 0.5 eth at a price for example 250$, 0.3 eth at a price of 255$, and 0.2 eth at a price of 260$. In that order, we have every chance that all our orders will work.

[husnanparebok]

For a beginner, day trading is not the best strategy.Too much effort goes into risk management. Long-term investment a quieter trading strategy.

I agree, this is the best suggestion for beginner. As we know, almost beginner always panic when bear market and being greedy when bull market. But for amount of profit, I only suggest to take 2 - 5 % profit for every transaction. Do not hope to gain big. It can be the beginning of losing money.

[Crypto Prime]

Greedy will bring destruction to ourselves. Many people hold coins too long even though they have already benefited. They hope that in the future, the price of coins will be high. But the truth is, coins actually go down and get nothing from it.

[Alter]

Yep, it's true man. If you are greedy, you will miss the best time to trade your coins. I usually sell my coins when it can get profits around 30 - 50%.

[bountyecrire]

If you wanna play little, yeah you are right. Sell certain percent higher, or put a stop loss and sell 10% lower for example. But crypto is about greed. We need 3x 5x