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Topic: Never Be greedy! - page 22. (Read 2700 times)

full member
Activity: 247
Merit: 100
June 23, 2018, 06:38:18 AM
 yes, this is the first thing that you should know before you go on trading, if your greedy theres a some tendency that you lost your profir or even whole money that you use on capital. dont push your self to earn an instant if dont have a signal, just go on the flow and never be greedy.
newbie
Activity: 140
Merit: 0
June 23, 2018, 06:16:58 AM
The crypto market itself is governed by greed and fear. Greed is an integral part of most business. I love being reasonably greedy because it pays. However, being greedy requires a lot of wisdom.
newbie
Activity: 224
Merit: 0
June 23, 2018, 05:46:21 AM
i think its a good way everyone should lead their life but if u look at the bigger picture in this life if we don't need anything,we don't have to work .if we want to have a beautiful home,a beautiful car ,a beautiful life with all the things a man can dream off  then we have to become greedy towards them but in a good way to earn them we have to become greedy to work hard for them .everything have two sides its us who chooses them.right or wrong we choose.
full member
Activity: 659
Merit: 101
June 23, 2018, 03:30:51 AM
I'm not sure what kind of greedy definition in crypto. If I just want to get as much profit as it is also part of greed? Because I believe that there are whales who play a bigger game for their own profits, even destroying others but it seems the whales stay on top.
This definition can be of something like this, to go for extra profit and don’t see the right time to sell or buy. Actually this market is so cruel and it doesn’t allow you to wait for such long time. You might be losing best of your efforts just because of incorrect timings. So better is to teach who to make yourself ready and resonated with the time management of this market, good luck.
sr. member
Activity: 1610
Merit: 299
June 23, 2018, 01:44:31 AM
Greed is not a good quality and greedy people suffer a lot in this world as i know the person should be a normal man and do the things in normal behavior then you will be the rising star so use the technical analysis for crypto investment.
Yeah you are right. If you are millionaire, billionaire, trillionaire, you will want to make more and more. This is reality. Greed for more money is cause for losing money in cryptocurrency and also in stock exchange business. I also want to earn thousands of dollars from crypto investment in just a few days but I know it is not possible.
member
Activity: 131
Merit: 10
June 22, 2018, 05:59:24 PM
well, greediness is the main reason of why a lot of newbies are losing all of their entire life savings because they do not know how to control it sadly.
hero member
Activity: 728
Merit: 502
June 22, 2018, 03:38:17 PM
It's okay to be greedy as long as you know that the coin you bought will pump but when you just bought it for sake of buying and you got lucky it pump then I guess you better sell it right after making profit.
In economic terminology this greed is not considered as greed and is called profit maximization which is what all the investors and traders quest for when they enter the crypto market. Almost all the people here in the crypto business are for the big money and what is the point of entering the crypto business and earning low if you could do that in the traditional business as well. The more you earn, the best you make yourself and people around you and expand the technology.
newbie
Activity: 179
Merit: 0
June 22, 2018, 12:30:35 PM
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!

Interesting point of view. Yeah, similar to a sword it can protect you, but it can also work like a weapon, which could suddenly defeat you. Don't forget that 'greed killed the wolf'.
full member
Activity: 420
Merit: 100
June 22, 2018, 08:42:21 AM
It is important to control your emotion in trading and don't be greedy every time you know that your altcoins are increasing in it's price because most of the time, this pump is only a trap to convince other cryptocurrencies' traders and investors to buy their coins/tokens. If there are much volume of bitcoins are their in their cryptos, there is a chance that they will turned down immediately.
member
Activity: 504
Merit: 10
June 22, 2018, 08:26:37 AM
I think many people are also very greedy when they are in trading because you can not really be averse to being greedy when your income is huge.
Maybe, you want to earn a great deal but people's thinking when you want to earn a great deal, but you will eventually lose when you know that your funds are still lossing.
sr. member
Activity: 572
Merit: 250
June 22, 2018, 06:46:42 AM
I think I'm not greedy but I'll just take a chance if I can get a profit and that is my goal to be able to get profit as long as I can still get it and if there is a pace for it then I will take it
Yeah, do not place all your wealth here because you have to manage everything. Without management or miss management you will loss all your wealth at once if you place all your wealth here. If you are an experience trader then you can do with big amount because you will handle it on appropriate way. So never be greedy while trading or investment and especially in more valuable currencies.
It is not possible because greed is the nature of human beings and everyone wants to make huge profit in less time. Gambling is the result of greed for more money, but the gambler faces opposite consequences at the end. If you do not have greed for more money then no need for trading. Just buy crypto and hold them for long time and when the price ups you can sell them for higher price.
newbie
Activity: 234
Merit: 0
June 22, 2018, 06:03:59 AM
In trading, you need to set clear tactics, target, stop lost. If you do not play by the rules, you will be panicked and often cut holes at the bottom, when the price is greedy not sell, it is stupid.
sr. member
Activity: 1120
Merit: 437
https://bitcointalk.org/index.php?topic=5274318.0
June 22, 2018, 05:52:07 AM
sometime you need to be greedy, but in this case, you need to be greedy on the right time. just like my experience on selling my bitcoin when the price hit 800 USD. few months later, it goes up to 17K USD.
sr. member
Activity: 490
Merit: 250
June 22, 2018, 04:59:49 AM
It's okay to be greedy as long as you know that the coin you bought will pump but when you just bought it for sake of buying and you got lucky it pump then I guess you better sell it right after making profit.
full member
Activity: 588
Merit: 100
June 22, 2018, 04:55:57 AM
Be greedy should be realistic and according to fundamental and technical analysis because many coin possible to going up 10 times just in amonth because the fundamental is strong, and if greedy without control will make loss in big money. Too Greedy is enemy of all investor and trader and many of them can not control it because this human nature. But by long times experience in crypto market we can manage it better.
hero member
Activity: 2926
Merit: 636
For campaign management look for Little Mouse!
June 22, 2018, 04:35:04 AM
I'm not sure what kind of greedy definition in crypto. If I just want to get as much profit as it is also part of greed? Because I believe that there are whales who play a bigger game for their own profits, even destroying others but it seems the whales stay on top.
People are greedy because of money, that is normal because there is a lot of money here, and if whales has the power to manipulate they
will surely take advantage to make themselves richer. But, we should not be greedy if we do not have proper analysis because anytime the price will pump and we might miss in selling our coins because we wanted a bigger profit.
newbie
Activity: 182
Merit: 0
June 21, 2018, 11:46:34 PM
I'm not sure what kind of greedy definition in crypto. If I just want to get as much profit as it is also part of greed? Because I believe that there are whales who play a bigger game for their own profits, even destroying others but it seems the whales stay on top.
newbie
Activity: 224
Merit: 0
June 21, 2018, 11:44:35 PM
We hear older people say that "greed is bad" do you think that statement is true? If you do not know the stops you will lose everything if you are too greedy we should not greed
hero member
Activity: 1274
Merit: 513
June 21, 2018, 11:12:53 PM
If you are trader and if you want to earn and become successfull. You need to follow successfull trader because they know what they do. The few rules in trading is yes don't be greedy because it's not helpful to you because instead of earning money maybe you lose your money. Better if you have some profit just sell it but if you want more profit just hold but make sure you have plan.
member
Activity: 378
Merit: 10
June 21, 2018, 10:39:27 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 you are right, i think there are two things most common reason why traders failed, for being greedy and afraid to loss,hope everyone could realize that cryptocurrency market and blockchain will not disappear for 1 day just because of some bunch of manipulators have decided to supress  the rate for making money with future contracts,we put in our minds that the market will not disappear,the market is cyclical,theres growth after falling.   
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