Do Not be Greedy - page 3. | Bitcointalksearch.org

btcmegastar

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Quote from: EXtremeAEX on April 30, 2019, 08:19:49 AM

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

Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement.

Greed will always kill us we shouldn't bother about the other people earning and other people confidence level, today luck is their side and tomorrow luck will be ours. Whatever we are doing we should always move in a positive direction even though we are facing issues but surely we can recover from them on one day.

Victorycoin

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Quote from: raghovsing34 on April 22, 2019, 02:37:43 PM

Yes it’s true that we need to control our greediness while trading. But sometimes it’s quite difficult for us to control our greediness at the moment of trading. That's why we cant get profits. So we need to be more careful and need to control our greediness.

Without controling geerdy no one should invest on crypto, take part on gambling or any trading (crypto or forex or local stock market) or anything else. No one should do anything for his/her greedy.

mirakal

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Quote from: emmybd on May 01, 2019, 02:25:42 PM

In general, most traders are greedy they want to earn more and more, so to fulfill this they frequently make mistakes and suffer losses. If they are content with a small profits then the situation could be different.

Greediness done can be in two ways, being greedy using proper mental judgement or being greedy using sold emotion, the 2nd one
leads to disaster, trading requires proper analysis and the right approach, so we need to use our mind all the time and set aside that emotion.
No trader would never like more profit as more profit is a sign of big success.

Sum24

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Quote from: EXtremeAEX on April 30, 2019, 08:19:49 AM

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

Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement.

Yeah if you want you can invest the small amount but you will have to wait longer for the growth, if you are aware of the market totally about price changes you can invest higher amount, but never be greedy to have quick profit, have patience and let your money grow for you according to the moved of market, take every step with care.

emmybd

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In general, most traders are greedy they want to earn more and more, so to fulfill this they frequently make mistakes and suffer losses. If they are content with a small profits then the situation could be different.

Cryptotina

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Quote from: wizmo on August 31, 2018, 04:41:51 PM

It's easy to say that don't be greedy but it's actually very hard to control yourself from greediness. There are very few people that can control themself and avoid their loss. Most of people will get greedy by trading in crypto because it's very volatile and it can make anyone millionaire in very short time.

Agreed 🤝 We all know that greed is human nature’s drive and passion to achieve great things. The question of greed is whether it will drive us to take or earn more. And also remember the "Where's my Lambo?" "When moon?" we like so much)

dominos

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Quote from: Gridness on April 23, 2019, 11:19:02 AM

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

Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful

dont be greedy is the right choice because greed make we a big lose, profit 1-5% is a good enough for a days

You can se that these or these amount of profit is okay, it highly depends on your strategy and what asset you're playing/investing.

Pamadar

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Quote from: timmydakolo2 on May 01, 2019, 12:44:29 PM

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

No matter all said and done we do and still will have greedy traders around the world, it's going post you are putting up and this should give most newbies clues on how to enter and exit the market when it is time.

Giving some references to help them to achieved success and prevent them to suffer the same things happen mostly with the traders who can't
control this emotions, there's greediness inside if you will fail to control and limit your emotions, better to deal with this in a proper manner so
you can use it in the right timing.

timmydakolo2

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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

No matter all said and done we do and still will have greedy traders around the world, it's going post you are putting up and this should give most newbies clues on how to enter and exit the market when it is time.

OrangeII

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Quote from: Loopper on May 01, 2019, 11:36:44 AM

Quote from: travwill on May 01, 2019, 10:51:24 AM

Quote from: ChrisPop on April 20, 2019, 11:33:56 AM

You should use technical analysis when looking to take profits. My saying is " Do not get greedy when it is not the case to do so!". If you get multiple signals that this trend is going to continue you should set an appropiate stop loss using TA and let your profits run!

That's right. Knowledge is the first thing that will help anyone in the fight against bouts of greed, when you clearly know what and when you have to do what actions to take, you have no place for free-thinking.

Greed will always appear in humans because no human is perfect for not wanting what they want or more than that. Every month there will be new thoughts to live their lives.

because it is something that often appears, we need to prevent it because we know that greed can make us lose, and regret it. well, we don't have to follow that greed, and still try to stop at our target. You can try it tomorrow when your target has been reached today.

Loopper

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Quote from: travwill on May 01, 2019, 10:51:24 AM

Quote from: ChrisPop on April 20, 2019, 11:33:56 AM

You should use technical analysis when looking to take profits. My saying is " Do not get greedy when it is not the case to do so!". If you get multiple signals that this trend is going to continue you should set an appropiate stop loss using TA and let your profits run!

That's right. Knowledge is the first thing that will help anyone in the fight against bouts of greed, when you clearly know what and when you have to do what actions to take, you have no place for free-thinking.

Greed will always appear in humans because no human is perfect for not wanting what they want or more than that. Every month there will be new thoughts to live their lives.

LimLims

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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

Really appreciated your strategy but....
20%? Isn't that much higher dude?
It is really very hard to get 20% of the marked value of the coin. And if they will follow these strategies then they will surely make mistakes and losses.
As no coin can rise upto 20% in a short period of time. So they will need to wait.
And while waiting, the value may come down.
So i would suggest always listen to yourself, and invest or sell at your own decisions.

travwill

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Quote from: ChrisPop on April 20, 2019, 11:33:56 AM

You should use technical analysis when looking to take profits. My saying is " Do not get greedy when it is not the case to do so!". If you get multiple signals that this trend is going to continue you should set an appropiate stop loss using TA and let your profits run!

That's right. Knowledge is the first thing that will help anyone in the fight against bouts of greed, when you clearly know what and when you have to do what actions to take, you have no place for free-thinking.

Viscore

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Quote from: bitcoin31 on April 30, 2019, 10:48:58 AM

Quote from: Kulkhan on April 29, 2019, 03:17:25 PM

Yes This Is Very Important For Trading. When a trader become greedy then that trader must fall in losses. Real traders always avoid greediness. So all traders shoul avoid greediness.

REAL TRADERS are those people who are expert to the tradeing because they are traders almost years now and they did know the result of being greediness. We will avoid that because when we do that we lose our money and I believe more traders who became greediness will be learn to be contented of what profit they get and not being greedy anymore.

Expert traders know how to control their emotion and they are matured enough due to their experience.
They might loss sometimes but they will make sure they will win over time, that's what they do and they make money from trading.
People who easily panic are people who are also greedy, they are the weak hands in crypto and they are the ones who are making the experts make money.

bitcoin31

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Quote from: Kulkhan on April 29, 2019, 03:17:25 PM

Yes This Is Very Important For Trading. When a trader become greedy then that trader must fall in losses. Real traders always avoid greediness. So all traders shoul avoid greediness.

REAL TRADERS are those people who are expert to the tradeing because they are traders almost years now and they did know the result of being greediness. We will avoid that because when we do that we lose our money and I believe more traders who became greediness will be learn to be contented of what profit they get and not being greedy anymore.

playboy654

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Yes definitely greedy is not been suitable for everything we need to be calm and composed while doing everything otherwise The greed came to your head and make your work more bad than before that's why it will be considered as not in your mind.

joshy23

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Quote from: BigBos on April 29, 2019, 01:04:47 PM

Quote from: D3m1r4wanti on April 29, 2019, 09:08:34 AM

daily trading, and with a target that is too far away, if you have the desired results I close the trade and not greedy to continue.

greed only brings someone to a great risk, and also a loss. remaining grateful is the opposite of greedy words. in trade, I think that is the main trait that needs to be avoided. always grateful for each benefit we produce will make us avoid greed. maybe having a target will get better.

Always be happy even you are only getting small benefits from your trade positions, it's a long way practice that needs to be learned, greediness is
controllable when you have a good experienced, better to deal with this emotions to secure your future success from this venue of investment.

EXtremeAEX

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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

Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement.

Aivaryamal

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Quote from: BigBos on April 29, 2019, 01:04:47 PM

Quote from: D3m1r4wanti on April 29, 2019, 09:08:34 AM

daily trading, and with a target that is too far away, if you have the desired results I close the trade and not greedy to continue.

greed only brings someone to a great risk, and also a loss. remaining grateful is the opposite of greedy words. in trade, I think that is the main trait that needs to be avoided. always grateful for each benefit we produce will make us avoid greed. maybe having a target will get better.

Every trader has their own target before they trade; however not of all of them has a back up plan nor uses stop loss. Stop loss is the best thing to use in order to overcome greed. It save a lot of traders; specially newbie traders who's getting influenced by their emotion.

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