Traders Stop Being Greedy. | Bitcointalksearch.org

fauzan Ichsan

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Quote from: LastKiss on August 01, 2022, 09:15:56 PM

Quote from: AnonBitCoiner on August 01, 2022, 12:30:46 PM

People are in a hurry to make gain but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

Yeah a lot of new people who enter the crypto market only want quick rich or quick profit so they didn't have the patience that is needed in the market. Those people should learn from their experience when they lose their money when it comes because of their greediness. Learn together with your friend and always support each other so one of you won't fall into greediness because of lack of mentality.

Greed occurs because they only think of one goal, namely profit. Many people put risk aside, so their view of crypto is that it is a place to make money easily and in a short time. when prices go up, they seem to want a bigger profit, while risk awaits and their greed becomes bait so that there is a panic sell, there are many heartbreaking stories about situations like this, where they don't take profits and panic when the market dumps. therefore we must prepare ourselves solidly before starting to trade

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Quote from: LastKiss on August 01, 2022, 09:15:56 PM

Quote from: AnonBitCoiner on August 01, 2022, 12:30:46 PM

People are in a hurry to make gain but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

Yeah a lot of new people who enter the crypto market only want quick rich or quick profit so they didn't have the patience that is needed in the market. Those people should learn from their experience when they lose their money when it comes because of their greediness. Learn together with your friend and always support each other so one of you won't fall into greediness because of lack of mentality.

Correct. Having someone who can work with you side by side will allow you to find good success in this kind of business.

It's not easy since inside you there's really a kind greed that will try to dominate you, but if you have someone who can give you advice and

work with you, you'll be able to overcome the greed and you'll be able to adjust in whatever direction you needed to adjust.

Senialayl

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The unexpected downfall of cryptocurrency market during past days, where a big rug pull occurs in mega trading coins/ tokens, is the result of such activities where a lot of investors (not only low category but highly professional) are now keeping away from digital markets. The market will take time to fully recover but main thing to do, is taking serious steps towards the revival of the confidence level of investors. In my opinion, first step towards enhancing the confidence level is in the hands of project management to keep their projects free of rug pull and limitations/ restrictions should be imposed on such trading activities.

livingfree

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Quote from: Gosgosking on August 01, 2022, 04:43:53 PM

Greed is always at the corner during trading, but traders who are very conscious about it knowing that greed is bad in trading don't fall for it because they already know greed is a distraction of spoiling everything at the end .

And that is because they've experienced to be greedy and then they've managed to learn from that mistake that being too greedy won't do good in the long run.

Quote from: Gosgosking on August 01, 2022, 04:43:53 PM

Traders who really understand how to make profit don't allow greed to come into their mindset.

They take profit and have the thought of any amount of profit is already a profit. That's why they don't do that much deeper when they're in profit. Maybe a few percentage would suffice and then they'll try again tomorrow for another goal and aim of making a bit of percentage they'll set.

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Quote from: Raflesia on July 30, 2022, 02:22:12 PM

Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.

you can be greedy but must know when to stop expecting high , because if you are greedy seeking for good profit then its fine , what is abusing if you will still ask for money when you already knew it is impossible to attain .

Quote

Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

trader has different strategy, day trader? or those using other platform , if you are for day trade then must have specific time and income to seek and not for too much.

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Quote from: AnonBitCoiner on August 01, 2022, 12:30:46 PM

People are in a hurry to make gain but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

Yeah a lot of new people who enter the crypto market only want quick rich or quick profit so they didn't have the patience that is needed in the market. Those people should learn from their experience when they lose their money when it comes because of their greediness. Learn together with your friend and always support each other so one of you won't fall into greediness because of lack of mentality.

Newlifebtc

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The thing that is making some people to lose money into investment is because of greediness investing in cryptocurrency you need to be careful of your investment because being greedy into the investments we make you to lose what your capital and your prophet you met within a short time so you don't have to be greedy I have to send off or cash out your profit and the capital and return to the market with your profit if you really if they want to make extra of your profit

Gosgosking

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Greed is always at the corner during trading, but traders who are very conscious about it knowing that greed is bad in trading don't fall for it because they already know greed is a distraction of spoiling everything at the end . Traders who really understand how to make profit don't allow greed to come into their mindset.

sovie

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Quote from: AnonBitCoiner on August 01, 2022, 12:30:46 PM

People are in a hurry to make gain but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

That's very right - and that's what I have gone through.
Some people are in so much hurry to gain - and they can ruin the life of other people for this gain.
But on the other hand Karma is a big teacher - it comes back from where it has started.

AnonBitCoiner

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People are in a hurry to make gain but they forget the thing that you can win if you have patience. If you are in greed of making profit then you will absolutely loss your own money. Be patience and wait for the right time so in this way you will be a successful trader. Greed is not a good thing and it will make you loser and because of this greed you cannot make profit in trading.

LUCKMCFLY

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Quote from: rojan on July 16, 2022, 11:33:47 PM

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The best option to be more confident is to have enough experience. To do this, I tried to work longer on the demo account of the Amarkets broker in order to have more experience and knowledge.

I think you need to have good confidence before doing anything. If you don't have any confidence before doing anything, you will never be successful. Think carefully before doing anything. Once he starts, he should never pull back from him.

Well, I don't think it's just trust and safety, I think a trader should have a lot of information and read books as well as study many analyzes of various traders, even so, he shouldn't be influenced by the news, I think that the news sometimes influences decisions and this is not entirely good, because each person should have their own arguments according to what they know or if they apply some kind of theory to be able to trade.

Quote from: goldkingcoiner on July 31, 2022, 08:43:55 PM

Quote from: GiftedMAN on April 26, 2022, 01:12:33 PM

One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

I think the real problem is putting all your eggs into one basket rather than being greedy. Although putting every egg into a single basket could be seen as the result of greed. Its obviously important to diversify your investments into things worth investing into. I for one would never invest into start ups which do not even have a institutional investor behind them.

I remember someone once did an experiment and randomly invested into whatever came up first and that person did remarkably well. So there is obviously a limit to how much research will be useful.

I am also in favor of what you say, because we cannot achieve everything in a single canata, I really like the diversification of money, investment always needs to be diversified, it is something that is imperative to do so that if you run into any problems, we have the other entry just in case, what apsa is that not everyone sees things that way.

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Quote from: GiftedMAN on April 26, 2022, 01:12:33 PM

One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

I think the real problem is putting all your eggs into one basket rather than being greedy. Although putting every egg into a single basket could be seen as the result of greed. Its obviously important to diversify your investments into things worth investing into. I for one would never invest into start ups which do not even have a institutional investor behind them.

I remember someone once did an experiment and randomly invested into whatever came up first and that person did remarkably well. So there is obviously a limit to how much research will be useful.

sovie

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Quote from: rozak on July 31, 2022, 09:13:17 AM

Quote from: Altryist on July 31, 2022, 08:38:09 AM

Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

You must be greedy about losing money, only then greedy can be useful. In trading, as in investing, it is very important to have a good understanding of where you are going to invest your money and your main task should be to save it and increase it. If there is already a profit on the deal, then you need to do everything not to miss it. It may not be a big profit, but from each transaction it will accumulate and over time it will increase.

Being greedy in trading or investing sometimes brings good luck. but one must understand the tolerance of greed committed. Limits for exiting the investment made are very important. everything must be well planned. know when to enter and exit the market. it's really hard to control. sometimes someone just uses their ambition to get more. but all that can be controlled when an investor becomes more experienced.

Greed is a curse - one should get rid of it - sooner the better....
This greed has killed more people than war actually has do, it is stealing the peace of mind as will creates the health issues.

rozak

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Quote from: Altryist on July 31, 2022, 08:38:09 AM

Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

You must be greedy about losing money, only then greedy can be useful. In trading, as in investing, it is very important to have a good understanding of where you are going to invest your money and your main task should be to save it and increase it. If there is already a profit on the deal, then you need to do everything not to miss it. It may not be a big profit, but from each transaction it will accumulate and over time it will increase.

Being greedy in trading or investing sometimes brings good luck. but one must understand the tolerance of greed committed. Limits for exiting the investment made are very important. everything must be well planned. know when to enter and exit the market. it's really hard to control. sometimes someone just uses their ambition to get more. but all that can be controlled when an investor becomes more experienced.

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Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

You must be greedy about losing money, only then greedy can be useful. In trading, as in investing, it is very important to have a good understanding of where you are going to invest your money and your main task should be to save it and increase it. If there is already a profit on the deal, then you need to do everything not to miss it. It may not be a big profit, but from each transaction it will accumulate and over time it will increase.

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Quote from: mindrust on July 31, 2022, 05:45:37 AM

But being greedy is the whole point of making trades. Buy low sell high, you and the exchange make money and where the money come from? It is coming from the pockets of the other greedy people.

Telling traders not to be greedy is like telling a fish not to swim.

Traders should just accept that just because they are winning today, don’t mean that they’ll keep winning tomorrow.

There are some cases when traders didn't get profit at all because they go greedy, fish is able to swim because it's their skills tho and one of our skills is not becoming greedy because greedy comes when we don't grateful enough to what we can get or what we get. Well, there are some reasons why people especially traders become greedy and one of them is because they didn't set their profit target and they didn't have patience enough.

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But being greedy is the whole point of making trades. Buy low sell high, you and the exchange make money and where the money come from? It is coming from the pockets of the other greedy people.

Telling traders not to be greedy is like telling a fish not to swim.

Traders should just accept that just because they are winning today, don’t mean that they’ll keep winning tomorrow.

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Quote from: strunberg on July 30, 2022, 07:06:02 PM

Quote from: Raflesia on July 30, 2022, 02:22:12 PM

What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

high ambition and greedy was totally different in my opinion. high ambition was setting high goal to achieve and it step was stage by stage, but greedy want to achieve our goal only in short term and didnt need any stage. every traders or investors in crypto market must have both of these. by having ambition or greed we have good goal that need to achieve with several way.

In theory it is indeed different and cannot be equated between ambition and greed, but on the other hand when talking about ambition and greed they are different but their barrier is only thin and sometimes when we cannot recognize and pass through the thin barrier sometimes ambition immediately turns into greed in the end .
In trading, both are definitely there, but this is what makes people sometimes forget the basics, considering that in trading sometimes emotions are very dominant.

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Quote from: Raflesia on July 30, 2022, 02:22:12 PM

Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

Talking about greed is the major problem of traders and crypto investors which had been the worse factor that had brought many many traders down. Greed has the power to make us think in a way that has side effects to our trading lifestyle. Investing and holding is a big factor to our success in the crypto market and we need to be very cautious how we makes plans and decisions so it will not result to regret. We need to take time to workout our weakness not to be a Victim.

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Quote from: Raflesia on July 30, 2022, 02:22:12 PM

Quote from: rby on July 30, 2022, 11:24:15 AM

Greed is not only bad in cryptocurrency, it is also bad in everyday life. When is programmed to fail if he doesn't have a limit at which he can withdraw. In cryptocurrency currency investment, there is actually when greed is needed. The rule is that you should become afraid when many people are greedy, and become greedy when everyone is afraid to invest. This rule has never failed, but it is not applicable to trading. Trading is another aspect of cryptocurrency that needs patience, management of money and zero Greed.

What you say is not wrong, but in things like this, only at certain times and in certain places, of course we can do this because indeed in Crypto, greed does not go very well either.
Maybe in Investing and having high ambitions is good and it's not greed but for trading it's highly discouraged to do something like this.

high ambition and greedy was totally different in my opinion. high ambition was setting high goal to achieve and it step was stage by stage, but greedy want to achieve our goal only in short term and didnt need any stage. every traders or investors in crypto market must have both of these. by having ambition or greed we have good goal that need to achieve with several way.

Topic: Traders Stop Being Greedy. (Read 2650 times)