Never Be greedy! - page 33. | Bitcointalksearch.org

Baofeng

legendary

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Quote from: tonyja2017 on June 01, 2018, 10:26:42 PM

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.

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.

Being greedy is one of the worst enemy in crypto trading. But its really hard to admit that to ourself. We always think that's its the right decision let's say not to make that sell although we already making good dividends but think it can still go up in the next coming days. We all have been in this situations before and we all know that most of the time it really doesn't work. But we need to recognize and admit that we made that mistake and we shouldn't repeating that same mistakes over and over again.

tonyja2017

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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.

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.

danice15

newbie

Activity: 126

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In this kind of industry. Dont be too greedy is the number 1 rule that you must not forget. Too much greedy will make you poor. Being greedy means you want more and more of something, especially money. Greed can make people do some strange things, which leads to committing unlawful acts. This does not mean they go out and rob banks, or scam people out of their savings online. It’s more that they see an opportunity to make a lot of money for doing something they believe is harmless, albeit illegal. So at bitcoinworld. You need patience. If you want to be successfull. Yes, think big but Start in small and work fast.

JackdunR

newbie

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Quote from: layoutph on June 01, 2018, 11:58:34 AM

Before I was so greedy that everytime I heard a shill, a buy that shilled coin without any technical reason why should I buy it. It always end up being loss in trade. So I told my self to stop listening to this. Now I based my trade in technical analysis, I dont just buy I read first from the chart.

Do not be too greedy for the market, do not expect too much for the price of the coin, so you will be hard to get rid of the transaction cycle. So you focus on analysis and give a reasonable price in the future for us to sell them. The market today is low, buy and set goals for you in the next few months.

Gridness

copper member

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In trading we need to know the analytical techniques because without science we will get a little profit, just luck that can generate a lot of profit

Biggapp

sr. member

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Quote from: ss890 on May 31, 2018, 01:35:53 AM

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.

Haha. Off course that is the first rule we should stick to our mind if we are going to enter into the crypto currency trading. You know that crypto at a time can give us huge profits, with the good day and luck one can go 200% in earnings in single day but it doesn't mean that we should go crazy about it and keep putting more even if you see that kind of profits. Its always better to stop trading at that time and get whatever you have in your hands.

I would say having 5-10% profits is also huge thing and its always better to close off the trade immediately and no matter what if the coin is still rising or not. The reversal of the whole trade can take place in matter of time!

Yes, this statement is true if you have no knowledge and you are investing with maximum amount and want to get huge profit thrice or twice of your huge investment so this may leads you towards huge loss as we know that greed is course and this will be the practical example. On the other hand this statement is not true if a person is handling the market or his huge investment in the light of market rules and principles then this will lead him towards success.

Putunembah

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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.

but most of the new traders have greedy nature always want to make big profits, but their greed plays themselves to always lose, they just think it will continue to rise and not think that the coins they buy can suddenly fall so drastically, and at the moment that they are sorry, that should be their luck, now they suffer huge losses, because of their greed.

Harley29

full member

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Quote from: tranduc2101 on June 01, 2018, 06:17:39 AM

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.

you are right. We are not allowed to be greedy in trading. Usually I would sell all the coins after making a profit of 10-20%. I have had many regrets for being greedy

Greed is curse for sure and all those people who have been greed never won anything in life, trading si something you will have to be very careful otherwise you will lose all, if you are in trading you will have to earn small with patience for the first time so then with second trading you will earn the highest profit from your long term trading.

tegaisaffluent

newbie

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Greed is a character that we traders must discipline ourselves to avoid. Humans naturally like to acquire money at all times but we have to restrain ourselves even when the trades are bullish by deciding when to take out what we have made. I so concur

Bharathi13

member

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The Standard Protocol - Solving Inflation

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.

DonnieMitchel

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trade.io is giving out airdrop !!

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dimonstration

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Dimon69

Quote from: crisanto01 on June 01, 2018, 12:37:03 PM

Quote from: IldarW on June 01, 2018, 12:10:48 PM

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.

I never saw myself as a greedy man before I became cryptotrader. It is the worst emotion that turns off mind and only leads to losses. Human greed is the main ally of manipulators.

That is right, although by nature we are not greedy there were point in our life here that we become greedy, I hope that we can fight for greediness as the money that we are earning is useless when we are not receiving love from people that we love because of our attitude, and it is fine to give back to community.

The way on how you may fight for being greedy to avoid it you must always think the positive and negative result of making money to earn for.

Bet9ja111

newbie

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Avoid sentiments when trading.
Don't follow instincts or intuition. Always be professional. Easier said than done though.

crisanto01

sr. member

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Quote from: IldarW on June 01, 2018, 12:10:48 PM

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.

I never saw myself as a greedy man before I became cryptotrader. It is the worst emotion that turns off mind and only leads to losses. Human greed is the main ally of manipulators.

That is right, although by nature we are not greedy there were point in our life here that we become greedy, I hope that we can fight for greediness as the money that we are earning is useless when we are not receiving love from people that we love because of our attitude, and it is fine to give back to community.

IldarW

full member

Activity: 362

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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.

I never saw myself as a greedy man before I became cryptotrader. It is the worst emotion that turns off mind and only leads to losses. Human greed is the main ally of manipulators.

layoutph

sr. member

Activity: 1372

Merit: 255

Before I was so greedy that everytime I heard a shill, a buy that shilled coin without any technical reason why should I buy it. It always end up being loss in trade. So I told my self to stop listening to this. Now I based my trade in technical analysis, I dont just buy I read first from the chart.

monkeykiss21

member

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In trading never to get too much greedy.. Think first the coin before choose. Because it's better to think than to become greedy.

Gerci

member

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This one is really difficult, because someone has the target of their profit when doing a trade. I also feel so hard when i try to control this one in trading, because when i have made 4% profit, i want to make it bigger and i'm ready to wait longer, but the end i'm loss. The best way is to feel satisfy with how much did you got eventhough you feel not satisfy, that is better than you never get anything.

RyoCurrency

copper member

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Merit: 1

agreed, and +another 2 good rules of any investor are:
- Don't put last money into it
- Put as much as you are ready to loose

4DFutur3

newbie

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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.

Totally agree on this. Been trading for a while already and greediness always puts me on the losing side. Plan your trade and trade your plan is really the key - wish this is easy.

Topic: Never Be greedy! - page 33. (Read 2737 times)