Greedy will not work in many aspects of life and not just in the cryptocurrency. When people become greedy, they will not listen with anything and only want to chase what he wants. Related to trading, you should sell the coin when it can reach the higher price and don't wait too long to sell because you don't know if the price can increase more or it will go down to the lower price.
When there is a chance to sell high, then do it right away because the market still moving to every price.
Topic: Do Not be Greedy - page 5. (Read 5100 times)
The thing about being greedy is that it works both ways. If you wait for really cheap prices you will get left behind when the bull run shoots off again.
Markets are irrational and always remember that they can stay irrational longer than you can stay solvent. I would never recommend taking out large positions with high leverage.
Markets are irrational and always remember that they can stay irrational longer than you can stay solvent. I would never recommend taking out large positions with high leverage.
There are a lot of element which can make you loser and greedy plays vital role in this case, I think people should avoid greedy as much as possible while play any game and/or trade on any currency.
Greedy about what? In trading greedy makes you to be in loss if you didn't cashout at the right time and you can't be considered as a good trader when you are not capable of controling your emotions and greed.If you are greedy about money making it could give the enough mental strength to reach your goal but use it in the approporiate way.
I agree with the author of the topic, a very valuable and useful advice, who wants to increase their capital for a long time, the digital market is full of assets and will continue to earn on various cryptocurrencies
There are a lot of element which can make you loser and greedy plays vital role in this case, I think people should avoid greedy as much as possible while play any game and/or trade on any currency.
Greedy about what? In trading greedy makes you to be in loss if you didn't cashout at the right time and you can't be considered as a good trader when you are not capable of controling your emotions and greed.If you are greedy about money making it could give the enough mental strength to reach your goal but use it in the approporiate way.Yes definitely become greedy will also makes you to get some losses for your investment because emotional things have always been carry yourself with some pressure in your mind so at this time our decisions are also be not going well to do the best.
People should not be greedy because our investment is our investment it will remain with us, we will have to wait for selling and buying, good time comes but those who want to become rich within days then it is not possible, if you see market is moving and it will continue to move then don’t be greedy buy some at low price and hold until it recovers. 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 your point was absolutely true without been concentration with your investment is always giving you the the difficulties at the end so following your all kind of strategy is not important but more smart work will play I am important role to get the success with your profit. Due to market condition and based on the development the prices might increase in the market. So it is always good to be patient because we don't when exactly the market will fall and when exactly the prices will start increasing. Instead of getting greasy it is better to be patient until you make a profit on your investment.
I believe at this right situation it's good to get greedy. People are fearful because of the bear market, so they'll panic and dump and resulted to a great value in the eyes of the people
who are waiting for the opportunity to buy. I would rather be greedy in bear times than being greedy in bull times because it's a big hindrance to sell.
Most of us never buy and sell at best prices and this is due to the greediness in our nature. When coin is moving up, we do not sale even it went up to 20 or 30% and still wait, maybe it will pump more. We are always in need of more profit. If we make up mind that we will take certain percentage of profit for particular trade and stick to it, we will be earning much more.
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!
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
Of course there are different situations on the market, on which the chosen sales target depends. So the very first thing to do before opening a position is to assess the market situation and the state of the selected coin and determine the point of sale. At different times and in different situations, the difference in the price of buying and selling can be completely different (it can be 5%, 15%, 35%, 70%, or any other percentage of earnings).
I agree that you do not need to be greedy, you need to soberly assess the market situation and act on the basis of your conclusions.
Yes definitely become greedy will also makes you to get some losses for your investment because emotional things have always been carry yourself with some pressure in your mind so at this time our decisions are also be not going well to do the best.
It is one of the golden rule of trading, we should not be greedy if we want to succeed in trading. Being greedy will not bring any good benefits to you as a trader. You will just suffer instant losses from your trades if you are going to be greedy. Set back and remove your emotions if you will start trading to make sure that you will have a calm mind and a prosperous trading.
There are a lot of element which can make you loser and greedy plays vital role in this case, I think people should avoid greedy as much as possible while play any game and/or trade on any currency.
I have the same thoughts with you. Before deciding to buy, we should set a goal to be able to sell a good price but to be able to do so, you must regularly monitor this market for a long time and identify the psychology of investors then you can be the winner. Greed is necessary in this market but there is a need to limit it to become better in investment and I advise you not to hold too many coins because it will be very difficult to control.
Being greedy can have a good and bad impact, the key statement should be "know when to go greedy or walk away with some profits as a good trade" it all boils down to if you are a long time or short trader
There are a lot of element which can make you loser and greedy plays vital role in this case, I think people should avoid greedy as much as possible while play any game and/or trade on any currency.
Greedy about what? In trading greedy makes you to be in loss if you didn't cashout at the right time and you can't be considered as a good trader when you are not capable of controling your emotions and greed.If you are greedy about money making it could give the enough mental strength to reach your goal but use it in the approporiate way. 
Due to market condition and based on the development the prices might increase in the market. So it is always good to be patient because we don't when exactly the market will fall and when exactly the prices will start increasing. Instead of getting greasy it is better to be patient until you make a profit on your investment.
I believe at this right situation it's good to get greedy. People are fearful because of the bear market, so they'll panic and dump and resulted to a great value in the eyes of the people
who are waiting for the opportunity to buy. I would rather be greedy in bear times than being greedy in bull times because it's a big hindrance to sell.
precisely in some conditions greedy takes you into loss, I think greed is not necessary, stay away from it dude..
There are a lot of element which can make you loser and greedy plays vital role in this case, I think people should avoid greedy as much as possible while play any game and/or trade on any currency.
Due to market condition and based on the development the prices might increase in the market. So it is always good to be patient because we don't when exactly the market will fall and when exactly the prices will start increasing. Instead of getting greasy it is better to be patient until you make a profit on your investment.
I believe at this right situation it's good to get greedy. People are fearful because of the bear market, so they'll panic and dump and resulted to a great value in the eyes of the people
who are waiting for the opportunity to buy. I would rather be greedy in bear times than being greedy in bull times because it's a big hindrance to sell.
Yes, I think it Never be greedy when trading. Because it can cause harm if you go for greed. At first, in trading, you will be a little bit profitable. At first, you can not think of profits at all. Because trading is very careful in the way. I think 20% profit is enough. There is no need to gain more than this. To achieve success in trading, first, start with a few profits. Never be greedy.
Thank you
Depending on the situation being greedy does the job sometimes. In the trend joining to the crowd can increase the probability of being on the winner side but being in the other side can drain as fast as possible if trader wanna makes a revenge trade. Thank you
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
The long term investment do not just looked for little percentages like 20% change in price in other to be able to make investments but they study the assets or coins and projects 10x to 20x in the next five years and invest along that. But the micro investors will always like to make that big profits in a shortest time possible and that is why they always lose. Jump to: