Pages:
Author

Topic: Never Be greedy! - page 12. (Read 2699 times)

sr. member
Activity: 784
Merit: 255
July 08, 2018, 07:43:09 AM
About the bad nature of a human like that (greedy), no need to talk in Cryptocurrency trade, in everyday life is the same if you are greedy then you will experience distress or sickness.

For example, if you eat rice with now it will make your stomach hurt, if you trade Cryptocurrency with greedy then you will experience loss.
legendary
Activity: 966
Merit: 1000
July 08, 2018, 07:04:47 AM
I agree we should not be greedy and think the profit for ourselves. I think the right trade doesn’t have to be very greedy and we should have some knowledge about technical analysis to avoid being too greedy.
full member
Activity: 798
Merit: 104
July 08, 2018, 02:03:40 AM
When the price of crypto all the times high, many newbies did not take profit and they thinking  the price will going  up more,  and finally  the price turn in to bearish. After keep bearish they still have hope the price back to bullish but the price continue down,  this is mistake that always newbie  do it and finally they loss.  But experienced is best teacher and don't make the same mistake again, psychology  of greedy should under control to make profit.

I also notice this situation since a newbie are exciting to cryptoworld they never sell even the price are obvious to going down, greediness is not a good idea in trading industry always take profit if you see you have it the important thing is you earn profit not a lose.
So be careful in trading dont be greedy just keep in your mind.
full member
Activity: 812
Merit: 142
July 08, 2018, 01:49:55 AM
greedy is number 1 opponent of success. sometimes we tend to sale our dearest tokens if we saw that the price is better, and then we go to disappointment when we saw the price got bigger and bigger after we sale. but in some cases greedy is good because you will know what happens in the near future of your token,

It is greed that even when you have earned good profits or in gambling had won big amount in order to make more money you end up losing either the capital or your profits decline. This is due to which you should always set the target and when you meet you should exit it.
newbie
Activity: 197
Merit: 0
July 08, 2018, 01:13:39 AM
greedy is number 1 opponent of success. sometimes we tend to sale our dearest tokens if we saw that the price is better, and then we go to disappointment when we saw the price got bigger and bigger after we sale. but in some cases greedy is good because you will know what happens in the near future of your token,
member
Activity: 476
Merit: 10
July 07, 2018, 09:08:09 PM
When the price of crypto all the times high, many newbies did not take profit and they thinking  the price will going  up more,  and finally  the price turn in to bearish. After keep bearish they still have hope the price back to bullish but the price continue down,  this is mistake that always newbie  do it and finally they loss.  But experienced is best teacher and don't make the same mistake again, psychology  of greedy should under control to make profit.
newbie
Activity: 25
Merit: 0
July 07, 2018, 08:06:31 PM
Absolutely agree with the author of the topic. The problem of greed is characteristic in most cases for beginners in trading and it is because of their greed that most of them lose all their money.
Greedy is good if you're using it in the right situation but usually greedy is bad at most situations. LOL
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
July 07, 2018, 07:15:44 PM
I think that all those guys who are always trying to make more and more money on trading are the first ones who leave the market when they see a bad number on their altcoins. That is the main reason of why we are seeing so many new traders in here, thats my opinion

I definitely agree in your opinion, they are too greedy that’s why they are prone to higher risk. In this world, never be greedy, it will cause you negativity.
newbie
Activity: 119
Merit: 0
July 07, 2018, 07:08:43 PM
Absolutely agree with the author of the topic. The problem of greed is characteristic in most cases for beginners in trading and it is because of their greed that most of them lose all their money.
member
Activity: 420
Merit: 10
July 07, 2018, 05:56:40 PM
I think that all those guys who are always trying to make more and more money on trading are the first ones who leave the market when they see a bad number on their altcoins. That is the main reason of why we are seeing so many new traders in here, thats my opinion

I think those person who make their money day by day so they are not greedy people because they are make a lot of money for their family's secure future and that's why they know real  job salary will never give big amount as like bitcoin profit, so everyone should join trading and make a lot of money.
newbie
Activity: 84
Merit: 0
July 07, 2018, 05:23:27 PM
Opti gonna open around $6 or $7 on C2CX
legendary
Activity: 1092
Merit: 1001
July 07, 2018, 04:56:33 PM
I think that all those guys who are always trying to make more and more money on trading are the first ones who leave the market when they see a bad number on their altcoins. That is the main reason of why we are seeing so many new traders in here, thats my opinion
sr. member
Activity: 686
Merit: 257
July 07, 2018, 04:52:37 PM
While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes, this is one of the basic rules that must be repeated over and over again to save people from big losses.
Thanks for reminding!
Of course because greed is curse and we all should know that being greedy means losing your profit and getting lose, I have some friends who are really being jealous of me because they had some lose long ago in the past for being greedy to earn higher and faster but I was holding with patient and now I have 100% profit so they are regret of their greedy nature and losing money for selling at panic, so never be greedy.
That is right, absolutely! It is fine to aim high, to do all the things that we can do in order for us to earn more that what we can, but never to be greedy that we refuse to help other people especially our love ones, we should at least help them with this kind of business as well.
sr. member
Activity: 994
Merit: 256
July 07, 2018, 04:33:56 PM
While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Yes, this is one of the basic rules that must be repeated over and over again to save people from big losses.
Thanks for reminding!
Of course because greed is curse and we all should know that being greedy means losing your profit and getting lose, I have some friends who are really being jealous of me because they had some lose long ago in the past for being greedy to earn higher and faster but I was holding with patient and now I have 100% profit so they are regret of their greedy nature and losing money for selling at panic, so never be greedy.
member
Activity: 157
Merit: 10
July 07, 2018, 02:47:13 PM
Being greedy while trading is one of the MAIN causes of why you are always losing money while trading.
You can not expect to be come a rich person in just a few months because you are trading.
Patience - no greediness is the key in trading, that is all
member
Activity: 308
Merit: 10
July 07, 2018, 02:46:34 PM
While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

In my own opinion, there is no such thing as greedy in the market, every investor can purchase more coins as much as they want because they will still be earning a huge amount of profit if they invest at the right coin.
hero member
Activity: 2912
Merit: 642
July 07, 2018, 02:28:16 PM
We know it is really bad for it is one of the greatest sin.
But there are circumstances that it could also lead to a better profit. That is if you know how to control it.

We are at the the crypto world so we can all say we are all greedy for wanting a larger income for just a minimum span of time. Who else doesnt want that instead of banking and mutual funds which can take a lot of time before profits.

We took the greater risk which is most likely called greed. By waiting a little bit we could end up at a better state.
You've shown 90 percent of loss (lessor typo error maybe) then I will take that 10 percent as a chance of a higher profit.
sr. member
Activity: 624
Merit: 250
July 07, 2018, 11:21:59 AM
Yes, i agree with you. Greedy could lead you into disaster and we don't want that. I experienced it once, and it happened when the price reached it's peak. I thought the price will go higher though my concience said i should sell it that time but i ignored it. And what happened was the price suddenly went down. I was in total shocked, because ever since the price went down that time, it never touched that high ever until present time. I regret it that time and promised myself to not let that happen again.
full member
Activity: 259
Merit: 110
July 07, 2018, 08:31:16 AM
greedy pays twice, old good proverb, for me i prefer a good stable profit, so in the long road i will my wealth, i dont like risking, when i did it i lost money too much fast
newbie
Activity: 98
Merit: 0
July 07, 2018, 08:23:06 AM
Truth. This is very true greedy can make us lose more. Like you are already decided to sell it at $1 each but when it almost in $1 like .99$ you want more so that you decide again to sell it in $1.50 where the price is only reach $1.10, then sharp dump you lose again. Lol. See what greedy can make. It makes us lose.

It's very common and you explained well. It's funny how we easily change our sale goals. One moment I'm ok with 10% but then I think come one just a little more and the next second even those 10% are gone. Well, we gotta be smart, that's the lesson.
Pages:
Jump to: