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Topic: Do Not be Greedy - page 9. (Read 5100 times)

sr. member
Activity: 742
Merit: 250
December 22, 2018, 11:47:32 PM
We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
yes maybe greed can make them happy, so they do it. Greedy people are usually people who are only selfish without thinking about the risks that arise, greed is not recommended here.
full member
Activity: 378
Merit: 100
December 22, 2018, 10:01:28 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
20% is still too much and I think it is very difficult to achieve, considering the current market conditions are bearish. Because I am not the type of person who is greedy, so for me whatever how much profit I earned it is not a problem, because the most important thing is to be consistent.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 22, 2018, 08:40:30 PM
We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
Right there is no doubt that greed is curse and we should not be greedy with the passage of time price of bitcoin use to increase but we will have to wait and just for the sake of small profit never sell you permanent investment on panic and just have patience and wait until you see the amount of investment has become more than double
Everyone is here to make profit, but the big problem is we forget sometimes how much we really want, just last year, when bitcoin skyrocketed it was able to show us some good profit but because of greediness to always want more, we did not sell expecting it will grow even higher, but it didn't.
So we are here now waiting, waiting for the price to again be bullish so by that time we will successfully initiate our plan to sell.
hero member
Activity: 1078
Merit: 501
December 22, 2018, 05:02:25 PM
We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
Right there is no doubt that greed is curse and we should not be greedy with the passage of time price of bitcoin use to increase but we will have to wait and just for the sake of small profit never sell you permanent investment on panic and just have patience and wait until you see the amount of investment has become more than double
member
Activity: 462
Merit: 10
December 22, 2018, 02:57:10 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
Hello! totally agree with you. Do not be greedy, it is better to be in a small plus, but plus. Good luck!
full member
Activity: 481
Merit: 100
December 22, 2018, 01:38:50 PM
We should avoid to become a greedy person. We can make many mistakes if we will continue to become a greedy person. There are many people who experiencing losses because of their greediness.
member
Activity: 336
Merit: 10
December 22, 2018, 01:02:56 PM
I know and I'm suffering from it , recently I lost 100$ just because of being greedy and 10% profit per day want enough for me , I made the same mistake twice and I'm looking for some way to stop me from being greedy and I can control myself in that time.
sr. member
Activity: 924
Merit: 275
December 22, 2018, 12:30:02 PM
There are many reasons why we should not be greedy. The First one is we cannot make wise decision due to our focus to earn money. Being greedy can lead us to loss because we are not using effective strategies and techniques
jr. member
Activity: 252
Merit: 1
December 22, 2018, 12:07:23 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

You are very right. many trades are very greedy that is the reason they run into loss always. It has happened to me before and I have learnt from the mistake. Some trades don't learn and they keep falling victim all the time.
hero member
Activity: 1190
Merit: 500
December 22, 2018, 12:06:26 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
Taking 20% profit it seems that still too big and can be say is greedy, so I prefer to take 2-5% profit per day but consistent
Even though it only gets a little profit but if done regularly it will bring passive income
I think you should look at market conditions, 20% can be a small profit if conditions are still in an upward trend, and 1%-5% of profits
can be very large if the price conditions are still bearish, so adjust it to existing market conditions mate..
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
December 22, 2018, 12:00:56 PM
that kind of uncontrolled emotion can be categorized as greedy. forcing trade when difficult situations are also part of greed.
don't let emotions control your trade and your brain doesn't work well.
member
Activity: 462
Merit: 23
December 22, 2018, 09:35:01 AM
Yes, I agreed with all comments here, if you want to success with trading, it is important to avoid greed. I thought that I will make big profit with holding, but last year when the price is on highest level, it was the best time to sell the coins, but I wanted more and lost the chance, so the bear market start this year, it would be long way to reach last year the high price.
sr. member
Activity: 826
Merit: 265
December 22, 2018, 08:51:15 AM
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
Greediness is the roots of more than half of failure in crypto trading because you dont want to gain a little but instead you want more than you deserve anD for me this is suck

I trade for a short period of time.but i only aim for atleast 5-15% depend on my assessment to the capacity of crypto i am buying,but the majority that I bought only sold for 5% profit,so the risk of losing is smaller than when you aim for 40 or more percentage of profit
full member
Activity: 490
Merit: 100
December 22, 2018, 06:34:40 AM
That is the key to successful crypto trading management, controlling your greed. You can do this when you are rooted in trading by learning the art of trading. You will have a trading plan every time you want to trade and stick to that plan. When you are such a trader you will win most of your trades and loses less because all the pitfalls for trading have been captured in your trading plan.
full member
Activity: 471
Merit: 102
December 22, 2018, 05:50:55 AM
Yes, sure you are pretty much right nobody should be greedy for making too many profits. When you see you can earn some profits bg selling a coin then you don't have to wait for a huge profit which can bring you losses and trouble. So be satisfied with something don't be greedy.
sr. member
Activity: 602
Merit: 250
December 22, 2018, 03:58:02 AM
the problem is that greed will definitely make us worse, because there are already a lot of greedy merchandise and in the end he loses a lot of money. so it's better to get a little profit but keep on getting profits in that way
newbie
Activity: 64
Merit: 0
December 22, 2018, 03:41:10 AM
Agree with the previous comment. If you can persistenly make profit do it without any doubts!
jr. member
Activity: 91
Merit: 1
November 30, 2018, 07:42:08 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
Taking 20% profit it seems that still too big and can be say is greedy, so I prefer to take 2-5% profit per day but consistent
Even though it only gets a little profit but if done regularly it will bring passive income
full member
Activity: 476
Merit: 100
November 30, 2018, 07:32:48 PM
The market so far are much down, then even the situation is like that still greedy person are aiming to get profit here no matter what it takes too. Then most often those greedy people here are newbies where they are always in a hurry and they never know who to listen to the matured community here too.
member
Activity: 462
Merit: 10
November 30, 2018, 05:57:46 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
Hello! Thanks for the helpful advice. I totally agree with you. No need to be greedy. I myself have repeatedly made such a mistake. Good luck!
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