Topic: Never Be greedy! - page 36. (Read 2731 times)
I completely agree with you! Greed is the most bad emotion you can eat. No wonder they say that with greed, you can lose everything. Don't be greedy;)
For a few months I have been thinking over the issue-why should we not be greedy? Does greed lead us to hell? I am sure that greed is the cause of all troubles in mankind. I don't know whether people will share my view or not.
I have seen many cases where people who were actually leading peaceful life,somehow,became greedy for wealth and they ran after wealth,riches and lost peace in life.Of course, they have achieved a very good standard of living.Thay have established themselves in society. Many poeple,specially poor ones,praise them,respect them. Greedy people gain wealth, but lose peace. They are always restless.They can never be satisfied. They even commit mistakes or injustice to others in order to gain wealth.So, eventually, people around them become aware of their harmful effects.General people become doubtful of greedy ones.In turn,greedy people lose friends,reliability and ultimately lead an isolated life.
I have seen many cases where people who were actually leading peaceful life,somehow,became greedy for wealth and they ran after wealth,riches and lost peace in life.Of course, they have achieved a very good standard of living.Thay have established themselves in society. Many poeple,specially poor ones,praise them,respect them. Greedy people gain wealth, but lose peace. They are always restless.They can never be satisfied. They even commit mistakes or injustice to others in order to gain wealth.So, eventually, people around them become aware of their harmful effects.General people become doubtful of greedy ones.In turn,greedy people lose friends,reliability and ultimately lead an isolated life.
Didn't really understand anything except the title of the post, but it rang true with me. Been caught out being 'greedy' before, and keep ignoring my own advice to avoid making the same mistake again. Waiting to see where the next 6 months takes us.
some people regretting their decission during trading because too greedy and not listen suggestions from other people but greedy is human nature and very difficult to avoid it especially if you're facing uptrend which is possible to get more profit then greedy will always be aiming us however greedy or not i think it depend on the person themself because if those people can control their emotions and have good mentally i think they will never being an greedy
I have a little different thinning in this regard. First of all, all humans are greedy whether they accept it or not. I mean who does not want to live a life free of financial problems and who does not dream? If not all than 99.99 percent of the world population is this way. Chasing this greed by an inappropriate method like gambling is not cool but working day and night for earning big amounts is perfectly okay. 
i agree with this by a lot, most people think that is always possible to make much more money, but the real truth is that you are more than exposed to lose a lot of money when there is a big pump on the market, and greedy can not help you out
you advised people not to be greedy while trading which is valid point as people dont set target to sell .
but also dont be a panic seller too . it is also as important as not being a greedy person .
whenever you do trading choose a target to sell and for stop loss , even if price cross that target then you have to follow only set target unless you are a pro trader . and always use stop less .
but also dont be a panic seller too . it is also as important as not being a greedy person .
whenever you do trading choose a target to sell and for stop loss , even if price cross that target then you have to follow only set target unless you are a pro trader . and always use stop less .
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.
Its not about greed, it is about doing the right thing and taking the right actions at the right time, so you hold when you need to hold and sell when you need to sell, most people take trading as a basic buy low and sell as soon as the price goes up, and saying that its not being greedy, but what happens if the price keeps going up, you lose your potential of buying again, it is good to be safe than sorry but you also have to be smart. 
Whatever things we will do, as long as the greediness covers in our mind, we will not become successful.
Crypto trading is a matter of time and patience, if we are greed to withdraw our coins that ww hold, there is a tendency that we will be regretful. We will regret because we become panic sellers due to our greediness.
Crypto trading is a matter of time and patience, if we are greed to withdraw our coins that ww hold, there is a tendency that we will be regretful. We will regret because we become panic sellers due to our greediness.
Sometimes "Greed is Good". A sin that a day trader that cannot be easily taken away. In my days here reading post and comments all day, I have seen many day traders losses more than gaining profits because of greediness. I bet the word "greed" is only for people who have lost everything and taking his retirement and betting it on the line. Well if luck is with your side-but if not I bet you just buy and hodl for long term.
If a person will hold for longer time then it does not mean that he is doing greed especially if that person know the future of his assets. For example bitcoin. The bitcoin holders will earn the more as the more they will hold and with the passage of time they will get a more good position of bitcoin so in this way they are not doing greed but they are waiting for a good time which they know that it will come. 
Sometimes "Greed is Good". A sin that a day trader that cannot be easily taken away. In my days here reading post and comments all day, I have seen many day traders losses more than gaining profits because of greediness. I bet the word "greed" is only for people who have lost everything and taking his retirement and betting it on the line. Well if luck is with your side-but if not I bet you just buy and hodl for long term.
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 totally favor your point of view. I am also a trader and in the start I was doing trade in a way but that way I was just a loser. Because of much lose I found that there is some greed in my trading and I have to remove that from my trade and when I did the same and just followed the regular rules of trade and did not greed for the urgent high income and never greed for the bigger profit in one day then I got a good results. I have still a goog amount in some coins and I am in patience and I know that one day it will give me the profit. 
I feel bad when the market was pumping a coin but I don't sell my asset. I lost the great moment to sell coin. If market pumping you must be selling coin to return the asset. And then buy back at the low price.
Greed is what motivates many people to come into crypto because they see the high gains to be made, and once into crypto they find their way into this forum. Hodling is a strategy because they have no time to day trade, so hodling is different to greed
Even holding is also greedy because many people started to hold when they bought at ATH but now the price falls very much so the greeds causes the loss and the one who contented with their profits and sell at the all time high value made huge profits. 
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
You actually do make some sense there though. Actually, strategy to sell should always be there as much as strategy to buy. Some miss a potential profit because they do not know what to look out for before exiting a trade and some even end up still missing the same potential profit because they were too greedy to sell at the right point when the signal keep giving them the sign to get out, but they just still hold back anyway. In the main sense, strategy is all that counts and I do not see you letting your strategy play out to being greedy.
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.
successful by chance?No, it isnt because success would really be attained if you are serious and do really strive to learn up to sustain yourself into this very volatile market.Greed is one of the common problem of a certain individual where its normal for a human to have this kind of urge of feeling when it comes to money specially when they do someone do earn big amounts in doing trading thats why some are motivated but yet they are on a rush on engaging things which do end up on losing money instead on earning.
Greed breeds poverty. In order not to think about the possible big profits, one must create trading rules for oneself and adhere strictly to them. This is the only way to earn money on trade. Do not wait for "High", then you will not see "Low" in your positions.
Do not be ignore every single of them because it is helpful to you to become success. The axiom that fear and greed rule the market is true. If we thinks that we have earned a good profit safely then we should remove opened orders. It will less risk on losing money. I experienced it being greedy. We need to control our emotions while trading and also the panic selling which causes lot of failure for many traders. I learned from my past reading that is what i follow.
In any kind of earning we need to put our 100 percent then the profits ars decided with that if you don't do that it will be not good for us in the most of the time and gives losses.
Greed is what motivates many people to come into crypto because they see the high gains to be made, and once into crypto they find their way into this forum. Hodling is a strategy because they have no time to day trade, so hodling is different to greed
For me being greedy sometimes is good but the risk your going to face is high let's say that the your win rate is just 1% and the 99% is the lose. Well being greedy will result to loses always but if you're too lucky, being greedy sometimes becomes profitable.
But since it's all about trading and it's all about investment we want to make sure that our investment is safe and not in risk we should not consider being greedy because just like what I've said there's a 99% chance that you're gonna lose your investment if you're too greedy but if you have the guts and the luck goes to you it may reward you really high.
I didn't recommend being greedy since it always ended up losing, this is all according to my opinion and perspective.
But since it's all about trading and it's all about investment we want to make sure that our investment is safe and not in risk we should not consider being greedy because just like what I've said there's a 99% chance that you're gonna lose your investment if you're too greedy but if you have the guts and the luck goes to you it may reward you really high.
I didn't recommend being greedy since it always ended up losing, this is all according to my opinion and perspective.
Do not be ignore every single of them because it is helpful to you to become success. The axiom that fear and greed rule the market is true. If we thinks that we have earned a good profit safely then we should remove opened orders. It will less risk on losing money. I experienced it being greedy. We need to control our emotions while trading and also the panic selling which causes lot of failure for many traders. I learned from my past reading that is what i follow.
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