Do Not be Greedy - page 24. | Bitcointalksearch.org

Xardasim

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

Completely right! Always more waiting will cause you to lose more money. Before investing, you always need to consider the potential of the project and find a suitable price to sell. Because, greed guarantees to lose.

Cassidyblaze55

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Been greedy in this market is not a good thing. Greed is a killer in this market. Its not good to be greedy as this can cause you to lose all your money in this volatile market. The market is very much volatile and you need less greed and consistency to thrive in this market

kynaz

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

To make a profit of 20% is very difficult for all traders and investors. I think most people are very optimistic as their altcoin gets this price and only few sellers at that time because the rest are hoping the price of the coin can rise from 100% -200% this is very wrong because this market is very dangerous and very few altcoin can grow well in one day

danherbias07

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That is an easy decision. 20 percent is way too high. But, this wont work with hodlers. Even with ths high amount of pump they might still leave it as it is. I really do envy hos theh do that kind of patience.

We cannot call it gred though, that is believing with bitcoin and I guess that is alright. Without them, then we might have seen the price of bitcoin flew away.

Now when you are a trader. This one decision is the hardest part. Its 20 percent profit and yet you might look for more which happens mostly to traders.

herurist

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

We all know about this one and I have bad experience about this one. For now I try use small range ( target ) by using big capital for more profit. It's about quatity not quality anymore, I chose this strategy because can't watch market every hours. Leave greedy for better life, try it and never give up.

mia_houston

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

Very agree, I also think so, it's like a gamble sometimes greedy can make you loses, greedy with a big profit even though you have got profit already, small profit is not problem if you do it over time.

Claudyah

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

Yes indeed it is a good strategy, but it also depends on the traders, and in my opinion waiting for the price to soar is not a problem of being greedy but it is anticipated when the market is now fluctuating abnormally, indeed some traders do not want to lose with this situation.
If that is your goal to make a profit in the short term, do it, but it also needs time and accuracy to do it

devinks

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Quote from: pieppiep on September 04, 2018, 08:09:37 AM

Yes, you are right to be a trader who is very good and good, don't be greedy because when you are greedy, it will make you experience a lot of losses, so just take advantage. although being greedy can get a lot of benefits but it's terrible.

greedy people because of excessive lust with money and selfishness without thinking of the risks. if greed is used wisely then it does not matter because it belongs to the person himself and we cannot interfere in the matter.

pieppiep

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Yes, you are right to be a trader who is very good and good, don't be greedy because when you are greedy, it will make you experience a lot of losses, so just take advantage. although being greedy can get a lot of benefits but it's terrible.

ahmad21

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

Yes, that’s a secure plan as it will assure us some profits as well as eliminate the fear of losing money. I also believe in this strategy because I am quite averse to take huge risks, I don’ have bunch of money to lose. Many times I see price multiplying many times after I liquidate which makes me feel guilty about selling it early, but for me it’s better than spending every minute of my life fearing that I can lose my money any second if the price fell down.

leonix007

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Quote from: Vaculin on September 02, 2018, 05:59:44 PM

Quote from: HarmonyA on September 02, 2018, 04:31:32 PM

I support your comment. Greed is the reason for a great loss. And it is also the reason behind creation of shit coins. Without greed, the cryptocurrency terrain would grow beyond prediction.

Right.Learn to control one's greed because if not,it will only lead you to a great loss.Do not think of such exaggerations,contentment is also needed if you want to take profit even if its not that huge.

What could possibly trigger a greed is the mindset of taking back what has been lost for a day

Don't over do it, it could possibly lead to deeper dip

We have a lot of days ahead to possibly get back what been lost

Shill and have a great mindset to start over

el kaka22

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Quote from: anisoptera on September 03, 2018, 03:18:27 AM

Completely agree. Keep in mind that after each big move, there are long market adjustments. Sell when you can get 20-25% profit and wait till next adjustments to buy again.

That is a strategy anyway, but at times, you may actually be selling too fast if there is really no need to.
Practically, I prefer selling when the market is in an overbought condition and a reversal signal is being shown which is bound to retrace based on that.

As long as you have good knowledge of trading, you do not have to fix certain percentage to sell when there could be room for more growth at some point in time, and you would not want to end up not missing that. However, like some of you have implied, it is a great thing not to be greedy in a market, but at the same time, it is better to have a plan and strategy when trading a market and know exactly what you are doing.

lavishlifing

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Hmm. okay. but selling point depends on what trading strategy
you're using, you should study first what trading strategy you want to
use, evaluate if it is the type of profit you want to get.

GreatArkansas

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

True! Being greedy is not very good, specially when you are doing trading or ICO investor. You need your target, don't be greedy because it may lead you to loss. Much better if you will learn the basic trading, you need to be well knowledge in the world of crypto.

anisoptera

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Completely agree. Keep in mind that after each big move, there are long market adjustments. Sell when you can get 20-25% profit and wait till next adjustments to buy again.

jiniyaakter

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I agree with your opinion at first when I start trading I want to make huge profit I don't sell my coin low profit but later market down I lost my coin so more greedy isn't good .

Aris novianto

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we live not greedy, if we are greedy we will not have many friends, if we have a lot of luck giving our money to the needy, do not let us get greedy money.

samcrypto

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

Set your limit, either when to take profit or to cut loses. Its good that you will not be greedy since sometimes when you see a big pump you intend to hold more expecting that the price will go higher and suddenly it drops right away and because of that greed, you miss the chance of having great profit. Be committed, when you set target prices focus on that and make a good decision.

vixcious

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Quote from: Vsamuel on August 31, 2018, 04:03:28 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

That's advice for short-term investors. I am a long-term investor and I will wait until my portfolio grows by 400% in 2019. I firmly believe that the Crypto market will grow strongly in 2019.
greed will make me and other venture capitalists rich. Wink

Thirdspace

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Greed is one the seven deadly sins Cool

if you can overcome your greed then you are one step forward in the right direction
don't expect too much and realize (cash out) your profit as planned before
then after analyzing current situation and weighing the risk, you can take the next course of action
to be successful in trading, you have to fight greed with discipline and controlled emotion

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