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Topic: Never Be greedy! - page 30. (Read 2754 times)

member
Activity: 266
Merit: 10
June 04, 2018, 11:28:53 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.
very true if in a greedy trading it will certainly be a loss so in trading must be patient and play in a safe because the world of trading is very cruel wrong prediction a little it will suffer losses especially if greedy have certainly will be the loser.
full member
Activity: 588
Merit: 103
June 04, 2018, 11:09:48 AM
Yes it is trading life is just like choosing your decision if you want to have profit or not is just stress for me in everyday life of doing trading a cryptocurrency. My lesson i have don't to much ride on hype.
newbie
Activity: 101
Merit: 0
June 04, 2018, 10:16:38 AM
I have a rule, to cash out big part of profits when it hits +50%. I haven't seen such prpfits for a while, so I hold till I reach to them.
newbie
Activity: 178
Merit: 0
June 04, 2018, 09:28:17 AM
This is very true. For this market you should not be greedy when investing in. You should know stop at the right time, although little profit but this will not make you lose money.
jr. member
Activity: 154
Merit: 1
June 04, 2018, 09:18:43 AM
This is one of the rule that might lead you into something that might make your money go high or might making your money go low. I experienced it being greedy. And it didn't resulted well. In sportsbet, I loose money because I was being too greedy.
I've experienced the same thing with you and i regret it so much, but I can't blame myself by being greedy sometimes because I am hopping for a higher profit. Loosing money is part of the game but I wish not to happen it again.
jr. member
Activity: 1568
Merit: 1
June 04, 2018, 09:12:42 AM
We should stay away from greed as this can not be good and in our favour, somewhere we will have troubles because of greed. Greedy person want more and more and can never accept low profits. I think that in trading business greed is most dangerous thing and we have to avoid it and make our trade balanced. This can help us to earn money without risk.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 04, 2018, 09:02:33 AM
https://bitcointalksearch.org/topic/m.38831439

In that link that is what I learned from my past readings that is what I follow and also maybe you could read the whole topic just to know more about trading, just saying I do not assume anything negative I just want to help. Still for me the good thing to do is following everything step you learned and that might get you to the top and be a successful trader.
Well its common term in this forum saying NOT TO BE GREEDY but the truth is its hard to apply when youre on momentum,when the coins in your hand is pumping but sudden things happen when the coins drops and go dip
jr. member
Activity: 126
Merit: 1
June 04, 2018, 08:58:38 AM
Yes, this is really important. Always remember to be a little less greedy than the others, don't wait for the peak of the pump, sometimes it is not recommendable to trust last second decisions, plan ahead, set a buying/selling point.
member
Activity: 364
Merit: 10
June 04, 2018, 08:48:32 AM
for trading bitcoin and altcoin other should not be too greedy because if you are greedy then it is not good and surely you can get a lot of losses, better take profit just enough.
newbie
Activity: 140
Merit: 0
June 04, 2018, 08:00:15 AM
greedy going to messed up our logic and make us do the reckless thing, in trading you need to follow the logic using trading indicators and the information, and need to be discipline about that, trading with greed will cause you losing money in an instant...
Greedy too we will never be able to get the desired profit, waiting and expecting at high prices, that will make you hold them for long periods of time, and suddenly prices fall sharply. , can not afford to sell coins at reasonable prices, so you will regret later.
newbie
Activity: 37
Merit: 0
June 04, 2018, 07:56:44 AM
Greed is fine.Just don't be stupid! You just need to know when to be greedy and when not to be! Sometimes the best trade is no Trade. A person needs to get control over their impulses to be actually successful in trading. Be a little extra smart and learn when to take step back.
legendary
Activity: 1652
Merit: 1057
June 04, 2018, 07:28:11 AM
Greed can also be a blessing in another situation. However, I believe that you shouldn't be too greedy during trading. I think the best way to decide whether you are making the right decision or not is to read much on any coin you want to trade. Learning much about the coin will help you know the how the graph goes and from that, you will know what to do.
The greed may be a blessing only if you know exactly what you are doing. A market at the tip already forming a bearish divergence and not selling to get out of the market with a stop loss above the last peak and with a mind of taking just a little risk in that case. One thing I know like some have mentioned is that, there is no way you will know what to do in a market as long as you have your pattern and stick with it, than to ever get greedy. You may not be selling at the right spot, since you obviously cannot time the market, but at least, you are still making profit.
legendary
Activity: 3248
Merit: 1179
June 04, 2018, 07:07:42 AM
always be greedy! greed and laziness are two qualities responsible for human progress
if you are not greedy or lazy,you will be satisfied with what you got
greed motivates you to wake up everyday and want more and more-better things,prettier women,bigger numbers in your bank accounts that you confuse with money Smiley etc.
Greed is a negative thing for me, I believe we have dreams in life and it should be our inspiration who makes us work for it.
If we are greedy then even if we achieve a lot of things, we will never be satisfied and when we are not satisfied that means we are also not happy.
You are right it is not good to be greedy and it will lose your all amount of money so it is good to earn small but never be greedy about your investment, money is all about earning high band waiting for your turn than being greedy and sell at low price, bitcoin price use to change all the time as it never remain same for long time so if price is low just hold being greedy to get fast profit will give you only lose.

He mixed lazy with ambitious, greedy and ambitious people don't know when its enough, they don't think about others. That did built this world, but look at the world we have, that ambitions and greediness are destroying people, nature around us, they are destroying our kids. People should have limits, people need to consider other peoples well being, greedy people don't feel that, they are just taking, they don't give.
In trading and gambling if you aren't rich greediness will destroy you, you can't trade or gamble aggressive all the time without huge bankroll. For many ordinary people greediness isn't good, better know your limits and be satisfied with smaller but safe profit, otherwise you will lose money and you will not be able to continue.
hero member
Activity: 1078
Merit: 501
June 04, 2018, 06:46:03 AM
always be greedy! greed and laziness are two qualities responsible for human progress
if you are not greedy or lazy,you will be satisfied with what you got
greed motivates you to wake up everyday and want more and more-better things,prettier women,bigger numbers in your bank accounts that you confuse with money Smiley etc.
Greed is a negative thing for me, I believe we have dreams in life and it should be our inspiration who makes us work for it.
If we are greedy then even if we achieve a lot of things, we will never be satisfied and when we are not satisfied that means we are also not happy.
You are right it is not good to be greedy and it will lose your all amount of money so it is good to earn small but never be greedy about your investment, money is all about earning high band waiting for your turn than being greedy and sell at low price, bitcoin price use to change all the time as it never remain same for long time so if price is low just hold being greedy to get fast profit will give you only lose.
sr. member
Activity: 958
Merit: 265
June 03, 2018, 08:05:20 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.
Greediness can make you lose your money, I've done this before i earned alot and turns into greediness and in the end i lost Angry But for me it's just a lesson and i'm just starting in my trading journey and i hope i become successful soon, I release my greed in my mind and i'm contented on every low profits don't think about wasting of another profit if you already get a good profit just think average.
full member
Activity: 630
Merit: 130
June 03, 2018, 09:57:52 AM
Well greed is being misunderstood at certain point. It can be viewed as an attitude or a behavior when people are talking about trading. An attitude because it can be a trait of a person or just an action applied to a certain situation. Well it is an attitude than a behavior to me. Greed as an attitude is more dangerous than it being a behavior.

Quote
While attitude involves mind's predisposition to certain ideas, values, people, systems, institutions; behaviour relates to the actual expression of feelings, action or inaction orally or/and through body language. I am sure, others will look at these somewhat differently

I quoted this from a statement by one of my favorite writers and philosophers. People may have different perception because people think differently.
And from this, We can say that greed attitude can play a greater role of putting more risk because of the mind set. Behaviors can be manipulated only by other factors and could be interrupted.
sr. member
Activity: 588
Merit: 250
June 03, 2018, 09:33:58 AM
Sometimes being too greedy results to losses instead of profit. I have also experienced this while trading before. We must really have some limits and our own guidelines when we trade. Everything must be done with moderation.

I always believe that it is best to always dream as high as you can because it will inspire you to do things in life. Things that will exactly help you achieve those dreams but sometimes dreaming too much can cause you to be greedy. Greed will never do anything good in your life so its best to set it aside, no it will be the very best if you will throw it away.

When you are a trader and if you are greedy, you will always have a problem in making decisions because you will not be satisfied with what you are getting and what you might get. We know how volatile coins are, so sometimes setting the selling price too high could just make you lose the opportunity and chance for that token to be sold at a good price.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
June 03, 2018, 09:20:41 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.


As for me , we should value our earnings and we should value our source of income but aiming for too much that exceeds beyond what we deserve is being greedy. However, aiming for too much isn't bad if we are working hard to achieve what we want.
newbie
Activity: 210
Merit: 0
June 03, 2018, 09:08:57 AM
greedy going to messed up our logic and make us do the reckless thing, in trading you need to follow the logic using trading indicators and the information, and need to be discipline about that, trading with greed will cause you losing money in an instant...
legendary
Activity: 1316
Merit: 1011
June 03, 2018, 08:35:20 AM
always be greedy! greed and laziness are two qualities responsible for human progress
if you are not greedy or lazy,you will be satisfied with what you got
greed motivates you to wake up everyday and want more and more-better things,prettier women,bigger numbers in your bank accounts that you confuse with money Smiley etc.
Greed is a negative thing for me, I believe we have dreams in life and it should be our inspiration who makes us work for it.
If we are greedy then even if we achieve a lot of things, we will never be satisfied and when we are not satisfied that means we are also not happy.

then you have to realise that if the human kind wasn't greedy then we would still be hunting mammoths
everyone would have been satisfied with what he got and there would be no progress
and no trading as we know it,since it is the greediest thing ever-you want to become richer,better than thy heighbour,buy better things etc.
do not try and be a hypocrite-call spade a spade
in trading,if you are not greedy then the smallest profit is enough for you and you should be closing positions as soon as you get minimal profit
if it doesn't happen-you are greedy as much as you do not like to admit it

I think this is the best example if you become greedy what will happen at the end.
unfourtunately this was my mistake during the huge price rise in January, I have had tripled and more my investment and wanted more, now it ended with -6x of my capital.

There is a limit for everything if you expect more and more then finally you will get nothing. I agree greediness will help us to achieve our goals but it should be controlled by yourself.
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