Do Not be Greedy - page 11. | Bitcointalksearch.org

dead_m92

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And do you think that 25% is not a big amount of profit already?

Indeed, i think that even a 1% is a HUGE amount of money if you are talking about a good sum (like if you have a budget of $4,000 - $5,000, a 1 percent would be 5$, and that is quite good for a trade)

Remember that most of the real investments are not even giving more than 5 - 10 percent a year.

Quote from: junglist.massive on November 16, 2018, 10:10:46 AM

Yup right because it’s very difficult to wait the market price to rise to 95% and it wouldn’t last long if it reached 95% because many people will dump in massively. I think it's not a problem if we earned 10-25% profit because it’s a better profit than a loss.

LuvCyanide

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I agree with the author of the post. This is one of the main rules of investment. I regret that I did not observe it initially.

Coinraptor

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Easier said than done, greediness is one of the acute problems in cryptocurrency. A huge number of investor come into this crypto world to be rich overnight especially it is seen in the newbies. In crypto, market greediness brings disaster to the greedy person. So investors in the crypto market should not wait to until the price goes up to its paramount stage.

junglist.massive

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Yup right because it’s very difficult to wait the market price to rise to 95% and it wouldn’t last long if it reached 95% because many people will dump in massively. I think it's not a problem if we earned 10-25% profit because it’s a better profit than a loss.

dentolas

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well, that's a reasonable approach... countless times, countless people have waited for the highest possible profit and than loss the selling window...
but there are also countless times in which people sold their bags with 20% profit and than it raises up to 200% over the next week...
I can say it is a safe approach and it will be easier and quicker to collect profits, especially on crypto market... nevertheless it maybe too low to explore the potencial of your investments...
It is a difficult boundary to balance...

perfect999

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Quote from: arikassuja on October 19, 2018, 05:45:05 AM

humans may not want to be greedy just maybe he wants to take maximum advantage so that a lot of people look greedy, when they get a lot of profits they try to enter again and hope to get more profits but that might make them get stuck in the price which is very expensive.

Of course this concept of greed and the more the better is very ambiguous in the crypto market. People might call you greedy when you go on expanding your business size but this might be due to another reason to you. SO better go achieving in the business and regardless of what people think and say about your investment, keep on replicating. However it is very important to set targets and to redesign business plans as you achieve the targets.

tenakha

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Quote from: eann014 on October 21, 2018, 05:09:41 AM

Quote from: Vsamuel on August 31, 2018, 03:03:28 PM

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 because there is also no assurance for us to get a 95% profit in cryptocurrencies, 20% is more possible than 95% and we must know how the market flows so observe most of the time if you are not busy because this is also important especially if the market makes more than 20% then that will be more good.

In my opinion it doesn't belong to all investments. People can also make 20% profit in forex, but who want to make more money choose cryptocurrency and this fact attracts peoples attention.
Surely it isn't always possible to earn big gains, but i don't understand why you treated to 95% like that. Bitcoin is the biggest example of the gain potential of digital money.

ranman09

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Quote from: darkangel11 on August 31, 2018, 04:52:07 PM

Quote from: Vsamuel on August 31, 2018, 03:03:28 PM

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

Only 20%? That can be a general rule of thumb, but in Bitcoin a 100% rise in the bull market is a rare thing. Usually it's 300% or more. Sure, we can keep selling at 20% rise, but what would be our advice when it reaches 25% and you've sold at 20? Buy back and risk losing money when it corrects or maybe wait for the correction to happen and buy then? It's not that easy. If you look at the previous bubble chart, if someone heard about Bitcoin in January, bought at 18k USD and waited for a 20% gain, he is fucked now, even though he thought "20% and i'm out!" Cheesy

20% high and how about a 10% in low Cheesy

but I guess 20% is a little move in the market of crypto most tokens are volatile. Sometimes going down is harsher than ups.

cryptic4000

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That is the basic thing that all investors know but they never do. I used to read this theory very carefully but when I invested, I rushed and forgot to turn off. So what is the best way to contain greed? write down your profit goals. It will definitely help.

Dudeperfect

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As the great investor Warren Buffett says, "Be fearful when others are greedy and be greedy when others are fearful". I have observed that this formula also works in crypto where things are highly volatile in nature and that's what big whales and institutional investors are doing in order to make a profit. However, this is my personal opinion and one should do his own research before taking any investment decision.

dmty.0809

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Your opinion is right, sometimes many people are greedy and eventually fall into their own hands. Little by little the profits collected will become hills.

Agapelove

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Of course most people would want bigger percent profit before selling. This is the hype cryptocurrency brought to the investors. So why would you settle for less if you can get more? Just be aware of the status of the market. Strategies should be set properly.

Wonder_woman

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Quote from: Vsamuel on August 31, 2018, 03:03:28 PM

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

Yeah you should have Price Goal for you to not lose because expecting something big is too much, in this market your goal is enough. Since we are not all believe in it but mistakes teach us.

Ninellechka

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That's the safest strategy in trading. And it has substantial advantages, no doubt. It gives you a nice oppirtunity to get a small constant profit day by day. But most crypto investors crave for something huge Cool

Japorms

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The term do not be greedy is always easy to say that to do. Crypto trading are so addictive.

eann014

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Quote from: Vsamuel on August 31, 2018, 03:03:28 PM

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 because there is also no assurance for us to get a 95% profit in cryptocurrencies, 20% is more possible than 95% and we must know how the market flows so observe most of the time if you are not busy because this is also important especially if the market makes more than 20% then that will be more good.

mulukey

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It is true if you are a careful person, but nowadays, entrepreneurs and investors want to promote economic development in the region so it is impossible to pay 20%. Need some brains for investing in bitcoin. Thank you for reminding, I would consider thinking before doing something adventurous.

Dr.Osh

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Quote from: Yamifoud on October 20, 2018, 09:37:22 PM

Quote from: socksserver3 on October 20, 2018, 03:17:15 PM

I think that it is a good advice not to be greedy. To my mind, if you are greedy you can't earn much because it is necessary to know when to stop. I think that i m not greedy and this helps me often

It's getting sense when we just accept of what we have for now, aiming for huge returns is just a dream cause we know that market won't provide us. The crisis we face today it seems to be a big challenge for everyone and those greedy individuals will just be frustrated and hopeless as they won't achieve their goals.

I think being greedy is good enough, because with that we will never retreat, and always prepare strategies. however, on the other hand, sometimes this makes many of us lose money, well, maybe because we are not grateful for the profit we get. if you have experienced it, make it a useful lesson.

Yamifoud

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Quote from: socksserver3 on October 20, 2018, 03:17:15 PM

I think that it is a good advice not to be greedy. To my mind, if you are greedy you can't earn much because it is necessary to know when to stop. I think that i m not greedy and this helps me often

It's getting sense when we just accept of what we have for now, aiming for huge returns is just a dream cause we know that market won't provide us. The crisis we face today it seems to be a big challenge for everyone and those greedy individuals will just be frustrated and hopeless as they won't achieve their goals.

BitcoinHunt3r

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Quote from: Ains_sama on October 20, 2018, 05:59:36 PM

yes guys, you are right. to trade safely is not having to wait for the price to reach + 90%. it will only be frustrating because of greed to get big profits. making profit + 20% is great for making daily trading healthy. because when the target is reached, a sense of calm is felt.

Actually in real, 20% is quite high and rarely to get. It can be true if coins that we bought really get pumped or updated by their developers. But for daily, it will be hard at least for me to get 20% everyday.

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