Never Be greedy! - page 17. | Bitcointalksearch.org

waichi

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Quote from: otunayode on May 29, 2018, 02:14:48 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.

JRoa

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Quote from: shilpyh on May 28, 2018, 10:15:36 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.

We can't become a good trader if we are greedy person. We should be aware that we can easily lose our money if we are greedy. We can't focus on the strategy and technique that we should do because greedy person has only one goal in his/her mind; and it is only to gain profit.

sedahan13

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Greedy actually human nature in crypto trading and many trader very difficult to control it, and that why we need to make trading plan and make risk management like use stop loss in every trade and also lock some profit when the price going up by use trailling stop. By use this strategies our greedy can be control it and the potential loss will be less.

@baracitamon

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If in the Crypto market, you dream of high prices and you wait, you will lose money and miss many good opportunities. So I think you set goals first and at the right level.

Ewox

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You really cant help but observe in trafing that there will always be some people who are greedy most especially if money is involved, that is already given. You just have to ask yourself if you want to be greedy yourself or be contended, that is entirely your choice.

MMnoob

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if you trade in crypto maybe you do not get greedy because it will make you big losses, trading in crypto must be patient if you want to succeed.

kontarz

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I agree with you. Greed is the greatest enemy of the trader.

Meowth05

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Quote from: shilpyh on May 28, 2018, 10:15:36 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.

Well, just like they say too much is bad. If you think that you have enough earnings then just stop for a while because chasing your profit could might lead to your loss, the profit comes unexpectedly. Being greedy will definitely lead to your loss so be contented on what you have now.

QueenRoyale

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Being a crypto and bounty hunter and trader. Our number one rule is Never be greedy. Greed will only bring you more loss.

ernoo

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Always try not to be too greedy. I think a good tactic can be, to continously sell some part of the investment, when we feel like getting close to the peak, and also set some stop losses.

Cryptogid

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Being greedy in crypto is the beginning of foolishness, the moment the least kind of profit enters for you while trading,get it and pull off..

BaraxLo

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Quote from: StephenieDuong on June 25, 2018, 05:56:53 AM

Yeah, always follow rules is the best way to stay away risk in crypto trading. I set up some rules for myself when trading and i ignore it last week, now i have to pay the price when the market crash. Not be greedy with anything is the best way to survive/

Do not give first priority to the amount of investment or the maximum amount you want to choose for trading because it may reflect in loss. The main priority to should be your knowledge about the market, the processes functions and the profit procedures should be under the light of market rules and principles. You are to learn all these before entering into a market. However, if you have knowledge then please step forward and invest with big amount.

RavRider

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Thats true! Because While trading you should always go with a plan. We should set our profit limit as 10 or 15 percent instead of just chasing the price rise thinking sky as the limit. Otherwise, it would lead to total loss of investment. Also, we should not invest in a coin on just seeing its price rising high as it may be getting pumped. Just stay clear in your head while trading.

jdeanne92

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I keep saying this on myself. But lately i have been greedy. So as a result. I have just successfully transforms my $500 to $340 silly me. Next time ill be much more carefull and attentive

sergiokkl

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I keep that note on my mind. "profit is profit" even a little pump and the price is become stable for an hour, no hesitation I will sell that token and if have a chance I will buy again when price go down. Twrgetting a 100 % will make you losser in this game. Be wise we are not the only user who do trade.

Ziskinberg

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Quote from: miningguru on June 30, 2018, 02:43:47 AM

Quote from: zack29 on June 28, 2018, 11:16:02 AM

Greedy could be the cause of lost, Being not satisfied on your crypto price and have a profit at least 10% from investment is good enough cause if you'll be greedy on profit probably this might cause of losing money.

When the price is in upward trend then people start thinking in a negative way by making more money but this is not good for them. Every investor will think in the same way, then people start holding them for long-term instead of selling them for profit. sometimes this makes to lose the value if they keep waiting.

That's because we use our emotion instead of our mind.
Price will go up and down, we are hoping that it will go up again so we can sell at a profit, but when we see the opportunity, we usually failed
to execute the sell order because of greed, we should cure that problem as it will always give negative results.

SkustaClee

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Quote from: shilpyh on May 28, 2018, 10:15:36 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.

It is true that we should not be greedy to earn money. There are a lot of factors that we should consider if we are making investment with cryptocurrencies. Most of the investment here are really risky, we should have enough knowledge to face different risks.

CryptoLoverz

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Yes, it is true. when you want a bigger profit, then the risk is also great. we better take a little profit but the profit is stable as we expect. rather than expecting big profits, but eventually things are not as expected and you fail. then you will lose time and also capital. I think the right thing to avoid the big risk is to do daily trading. with daily trading you can take a little profit every day. by always observing the state of the market.

miningguru

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Quote from: zack29 on June 28, 2018, 11:16:02 AM

Greedy could be the cause of lost, Being not satisfied on your crypto price and have a profit at least 10% from investment is good enough cause if you'll be greedy on profit probably this might cause of losing money.

When the price is in upward trend then people start thinking in a negative way by making more money but this is not good for them. Every investor will think in the same way, then people start holding them for long-term instead of selling them for profit. sometimes this makes to lose the value if they keep waiting.

Kim Ji Won

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Well rules is something that you can always depend on to maximize your gain in trading. Strategies and techniques are also a factor. I'm not sure about your percentage that we will lose if greed got the most of us but all I can say is that there is a high probability that you will lose more than you gain. Greed is a type of emotion that can affect our judgement during trading so better we don't get carried away every time we earn profits and always think about the decisions we are making.

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