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Topic: Never Be greedy! - page 32. (Read 2754 times)

member
Activity: 476
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 02, 2018, 09:18:54 PM
Yes that correct,  greedy is enemy of trader and this human nature that hard to control it. Learn from the past mistakes  also will help control that emotions. To be successfully trader is not enough by skill and knowledge of technical and fundamental analysis,  but 90% of factor that make success in trading is psychology of trading.
sr. member
Activity: 602
Merit: 250
June 02, 2018, 06:29:08 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, greed is always a bad virtue that makes investors lose money. I was greedy and lost more than $ 1k6. But we also need to be greedy at the right time. Be greedy when others are scared.
If you believe in the good future of the Crypto market, you can buy a powerful downward altcoin and hold them long. It will bring a beautiful result.
Yes it is not good to be greedy as this way people only lose money and don’t earn anything, it is not the end for bitcoin that a small dips makes you greedy that just go and spend your bitcoin, just have patience and I am sure if you will plan well and will deal with the situation with patience without being greedy you will overcome your lose very soon.
full member
Activity: 447
Merit: 108
June 02, 2018, 06:12:35 PM
Greed is the main reason why many crypto currency traders loss while trading crypto currency. Many of them do not follow their money management rules all as a result of greed. They want to take all the profit in one day or one trade forgetting that anything can happen in crypto currency trading and at the end they will end up lossing almost all their investment.
sr. member
Activity: 714
Merit: 260
June 02, 2018, 05:10:20 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.
Good point simple but meaningfull

We all know that greed kills many traders and investors because the more you eager to win is the more losses you'll find.

We all need to earn as this was our main objective being here but assurance is wt we really need to have and we cant have it if we become more greedy so better use our skills and mind before entering in some transactions
full member
Activity: 392
Merit: 101
June 02, 2018, 04:54:47 PM
I fully support your opinion about greed. As they say in Russian-greed of any person will ruin. And this is not someone invented the phrase, this life dictates its own rules. So don't be greedy friends Wink
hero member
Activity: 994
Merit: 504
June 02, 2018, 03:56:49 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, I have always experience that back then that I became so greedy that I end up losing all of my earnings for a certain trade.
member
Activity: 105
Merit: 10
June 02, 2018, 03:47:32 PM
It is harmful to be greedy in any area of life, especially in investment. Personally, I'm not greedy, so I use not trading, but investing. The time horizon should be at least a few years.
full member
Activity: 504
Merit: 100
June 02, 2018, 02:52:36 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.

Yes never be greedy because it might lost your hope to have a big profit. Maybe your coins will all lose and there will be no more hope in the future. It's really hard to trade sometimes because you want to have some more instead  until you recognize it's no more.
in any case, you can really calculate the value of your coins. Son but the brother does not need to be infinite, so there is a minimum value, as well as the maximum.
newbie
Activity: 181
Merit: 0
June 02, 2018, 10:21:10 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.

Yes never be greedy because it might lost your hope to have a big profit. Maybe your coins will all lose and there will be no more hope in the future. It's really hard to trade sometimes because you want to have some more instead  until you recognize it's no more.
legendary
Activity: 1554
Merit: 1054
June 02, 2018, 10:03:49 AM
being greedy isn't good especially doing trading 'cause you will end up to regrets and losing money, so first thing first if you want to earn profits, learn first to control your emotions before jumping into it and to avoid loses and etc 'cause that's the common reason why people always panic when there's a fluctuation in the market. 
Anyone who is greedy while trading will most of the time always would not know when to be selling and usually do not always have a plan and a strategy, What makes professional traders is not by trying to get the best value to sell, it is by having a plan and sticking to it, irrespective of what the market eventually gives. Yes, as much as one may have strategy to buy, it is always necessary to know what to look out for to sell in a market depending on one's trading pattern.

always set reachable target price and a reasonable target loss. Always follow that target. It does not matter if the coin continue to rise because sometimes waiting for a higher price is deadly. Sometimes instead of going up it will goes down.
There is always some basic level of support and resistance in every market and it is always important to take note of them most of the time which for anyone who is smart enough, they will know when to be out of a market and when they should still be in the market, but as long as you are making very good profit already, it is necessary to always play safe.
member
Activity: 854
Merit: 10
June 02, 2018, 05:31:52 AM
Op did you actually faced greedy situation??? If yes, did you made profit or made loss??? In crypto trading greedy attitude is important but one must be aware with the market tactics to take advantage of being greedy.

Yes, I faced greed because in last year I made lot of money when bitcoin was at $19k but I though the price of the coin increases even higher value and now the price decreased a lot.
member
Activity: 448
Merit: 89
Full Stack Engineer
June 02, 2018, 05:13:53 AM
For example all the traders look at the RSI when points 80 or more to sell, but you can do it at 63 - 70 area to avoid some risk.

Greed is your enemy!
member
Activity: 222
Merit: 11
Create Your Decentralized Life
June 02, 2018, 04:59:59 AM
yes you are right, better not to be greedy, you better take a fair profit because when you are greedy you can be a lot of losses, fortune already set not too much take profit.
Greed would be harming you. Humans are greedy and they want to get more and more even after they had enough money. But in trading, if you become greedy, you might be losing all what you have, slowly and gradually. So better is when you have got enough profit, you wouldn’t be going for more anymore. Reason is, if you go further, this might be of great loss to you.
full member
Activity: 336
Merit: 101
June 02, 2018, 03:25:16 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.
What if you were greedy at that lucky time? 😆You will then make a bigger profit. This is risky, you don’t know what you get… sometimes our mind do make the right predictions but you will never know, cause you’re afraid. Sometimes it’s good to believe in what your mind tells you. Since we already know that this is all about risk, the amount you put in does not matter, what matters is if you can be able to bear the loss if it happens. So invest how much you can afford to lose, if it does happen.
full member
Activity: 420
Merit: 101
June 02, 2018, 03:07:37 AM
I ike to read this where indirectly remember the greedy friends. Not so many people who managed to get more profit from their greed. I believe the greedy people will sink in the end. Because I have experienced several times until I finally get out of my greed.
full member
Activity: 546
Merit: 100
June 02, 2018, 01:37:09 AM
Greed is not good in life and those who have greedy they sometime earn a good amount but that is a short term benefit and then you suffer from your greed so be patience in life and wait for future.
sr. member
Activity: 560
Merit: 250
June 02, 2018, 01:17:39 AM
it seems like I see still a lot of being greedy because they can get a lot of profit as an example STQ yesterday the price is crazy from very cheap can be very expensive. so there's nothing wrong if humans are greedy, that's normal.
newbie
Activity: 182
Merit: 0
June 02, 2018, 12:16:42 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.



There is no any trader in the whole world, who have never lost his money after making a significant profit,more rate the coin gains more greed is growing inside us along with prices,when coin rates increases by 30% you can continue to make money with it, but remember to withdraw some part of funds right after it reaches the target, you should take some of it incase the growth stops,
When you are waiting for too long youre risking the profit you already gained, you should get used to withdraw your profit if you want to continue making potential profit.
legendary
Activity: 2618
Merit: 2304
June 01, 2018, 11:33:40 PM
Snap up opportunities that presents itself. Have a specific profit % that can be raised or lowered depending on how propitious the trade is. For me, you can be greedy but always be logical

Good point. A greed is a normal emotion of a trader if the crypto exchange markets are currently growing and there is no any negative news. Just be ready to sell your coins any minute. Keep in mind that the crypto exchange markets are manipulated by the "whales" and such behavior of the crypto currency price is hardly able for forecasting, but some traders use a technical analysis strategies and their trading actions might be predicted in order to sell or buy some coins earlier than they'll do it.
full member
Activity: 158
Merit: 100
June 01, 2018, 10:04:37 PM
Sometimes, greedy makes better. But in most, greedy kills you. You have to predict the price if you want to be greedy, but if you been greedy and the price get down, sell it ASAP. That's a bettsr solution for your greedy
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