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Topic: Never Be greedy! - page 16. (Read 2700 times)

newbie
Activity: 128
Merit: 0
July 03, 2018, 02:37:03 AM
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.

i agree, sometimes our enemy is our own self fighting for our desires, we always think of earning more , gaining more without thinking or noticing that our profits are losing and in the end regression comes.
sr. member
Activity: 826
Merit: 256
July 03, 2018, 02:34:22 AM
According to some experts, greed is often considered the most dangerous emotion to traders and it is even worst than fear. Fear can stop you and keep you from trading while greed pushes yo to act and at times when you shouldn't. Greed also is not different from alcohol because it can make you act foolishly when you drank too much. Every trader should learn to control their emotions especially greed to avoid mistakes in their trading.
hero member
Activity: 850
Merit: 504
July 03, 2018, 01:47:04 AM
Being greedy could give you huge lost, as a trader I always satisfied if I gained at least 20 percent profit in my investments. Good strategy will give you good profit everyday if you learn to trade wisely.

Profit is profit and its a good strategy too. I havebeen holding some token but sad to say, now they are on dip, not just an ordinary dip but looks like on th floor already. I have several tokens thats lost more then 50% and below. Greed should be minimized, in my opinion.
member
Activity: 332
Merit: 12
July 03, 2018, 01:11:26 AM
Iam totally agree with this, because this is my experienced in crypto trading, i been loss because greedy and did not lock the profit. I dont why is hard for me to manage this emotion, and i think many trader same like me, because greedy is human nature that difficult to control it.
Well I cannot understand why is the pursuit of wealth or in economic terminology the maximization of one’s profit is called greed. There is nothing like greed for the businessmen and investors. They do every possible thing to get their money multiplied. So what I want to say is that as long as this greed maximizes your profit, it is good to be greedy.
full member
Activity: 560
Merit: 145
July 02, 2018, 12:45:51 PM
Being a trader must be greedy, but greed should use knowledge and strategy. most traders' mistakes are not for greed, but have no strategy and discipline in the trade. the market is experiencing high fluctuations due to the greed of the traders as well, I think now all traders must start to determine their own strategies.
jr. member
Activity: 158
Merit: 2
July 02, 2018, 11:48:19 AM
Being greedy could give you huge lost, as a trader I always satisfied if I gained at least 20 percent profit in my investments. Good strategy will give you good profit everyday if you learn to trade wisely.
newbie
Activity: 125
Merit: 0
July 02, 2018, 11:45:10 AM
This topic reminds me everytime I look into my account balance in my crpto protfolio. I recently spike my income into hundred thousands in my local currency. But just to remind myself that it take too short to lose the amount when you'd inserted greediness in yourself thoughts. Be aware and look deeply into the knowledge of the market. 
newbie
Activity: 98
Merit: 0
July 02, 2018, 11:30:31 AM
Its a lot easier to said than being done since greedy is a part of human nature. Unless you train yourselves with some high discipline and continue with pratical trading then i skeptic about someone can become not greedy in cryptocurrencies market which has the most volatile movement in every other investment nature. One thing to be sure is that new investor that join the crypto movement nowadays are all greedy and most of us get caught in the bear market now.  Grin Grin

I don't think greed is in human nature. Some people are greedy but not all of us are. I think that it's much more related to person's intelligence and willing to risk. Some people love the adrenaline rush that risk brings.
member
Activity: 308
Merit: 10
Buy, sell and store real cryptocurrencies
July 02, 2018, 07:01:38 AM
Yes, it is never greedy now, because the market is always a hot spot and too risky. I think you should offer a reasonable price for buying and selling.
full member
Activity: 854
Merit: 140
July 02, 2018, 06:53:56 AM
Its a lot easier to said than being done since greedy is a part of human nature. Unless you train yourselves with some high discipline and continue with pratical trading then i skeptic about someone can become not greedy in cryptocurrencies market which has the most volatile movement in every other investment nature. One thing to be sure is that new investor that join the crypto movement nowadays are all greedy and most of us get caught in the bear market now.  Grin Grin
member
Activity: 243
Merit: 10
July 02, 2018, 06:12:24 AM
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.

I also agree for this.but in real trades,greedy is good if sometimes you do aggressiveness to make profit in fasties way.then stop it again to be greedy.it depends on the flow of coins or anything that can push in that coins.you can follow the flow of you're coins that you trades.that's my thinking and I use it already before.
member
Activity: 294
Merit: 13
July 02, 2018, 05:50:57 AM
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.

That is exactly correct, greedy will kill you and vanish the profit...I've just posted in other threads the important to plan the trading and controlling the psychological factor by risk management as I read a good posting for this risk management on this link: https://bitcointalksearch.org/topic/if-you-think-trading-is-risky-why-you-dont-use-risk-management-4546469
member
Activity: 188
Merit: 10
July 02, 2018, 02:25:14 AM
Truly, we must lock out emotions totally, and focus on the realistic goals. If we have the feeling, that the situation is already too good to be true, than it might be the time to sell a bit at least Smiley
full member
Activity: 686
Merit: 100
July 01, 2018, 06:43:29 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.

I agree to some point you posted, had experience losing more after expecting my investment to rise even further. The result? I missed the All Time High waiting get more, learned the hard way but still it's worth the experience to learn from it.
hero member
Activity: 1834
Merit: 523
July 01, 2018, 06:34:14 PM
The number 1 rule if you are trader is don't be greedy because it is not helpful for you. Those trader who are greedy if you noticed most of them are failed or losing a lot of money. Expecting a lot of money is free but they have in the right place.
member
Activity: 294
Merit: 17
July 01, 2018, 05:59:51 PM
You have to be greedy when others are fearful, just like now everyone was panicking, could've already made 20%
newbie
Activity: 106
Merit: 0
July 01, 2018, 02:10:55 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.
I disagree with the rule that says never be greedy as a trader. If you are not greedy in crypto trading you will be making peanut,  you will sell once you have 5-10% profit.  But if you are greedy you will make 1000% -5000% profit
member
Activity: 219
Merit: 10
July 01, 2018, 01:07:47 PM
When people start trading at that time most of the people don’t control his emotion so several people lose his money. Too many people greedy but if you do not control your thirsty you must lose your money so you must control your greedy. Greedy is a very bad habit for the cryptocurrency, at first follow trading rules then you must start trading.
full member
Activity: 658
Merit: 103
July 01, 2018, 10:58:23 AM
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.
Greediness is the root of evil, the reason why scammers are continuing to create fake projects because they only thinking themselves. They want to earn money in an easy way which is they are scamming many investors. Do not be greedy for you to become a good investor.
hero member
Activity: 1190
Merit: 500
July 01, 2018, 10:55:44 AM
Greed is double edged sword, it could be good or bad depending on the part of sword you are using! Without greed you may not really think wide and far enough for you to achieve greater price for you holding!

I guess we all have to be greedy once in a while to lit the fire on us. To pursue and be aggressive to achieve more. If aiming for more is too much, then that is too much greediness. If we do not control our greediness in trading, the tendency will might lose more to the point that we get broke.
You're right maybe we need a little nature of greedy. so you have aggressiveness to gain more and work harder.
but if you can not control your greed. of course what you will get is a loss. because greed will only make you waste a chance
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