Post
Topic
Board Trading Discussion
Re: Do Not be Greedy
by
EXtremeAEX
on 11/05/2019, 17:19:21 UTC
In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement.
Yeah if you want you can invest the small amount but you will have to wait longer for the growth, if you are aware of the market totally about price changes you can invest higher amount, but never be greedy to have quick profit, have patience and let your money grow for you according to the moved of market, take every step with care.

The amount on which a person wants to crank a deal is individual. For one person a small amount is $ 100, for another $ 10,000.
And of course my post applies to those traders who understand what they are doing. After all, there are many good traders on the market, but emotions often interfere with them.
For those who don't know how to open trades well, I would advise to study more information on trading. But this topic is for another discussion.