Quote from: virasisog on Today at 06:55:22 PM

Quote from: bounceback on Today at 06:06:51 PM

Quote from: The Cryptovator on May 31, 2022, 04:08:48 AM

A few days back I bought a token from Launchpad. After they Launch on Pancakeswap I made 1.5X and sold. I was happy with that. But unfortunately, the token price grow double every day, then I bought again at the higher price. I thought this was a chance to multiply my portfolio again. Even though it grow 5x but O didn't sell that due to greedy behavior. Eventually, the project rug was pulled and skipped with all the funds. That means I lost everything even including my initial investment. This is how greed destroys us and scammer takes the advantage.

If only if you immediately exit the market when you have benefited from the initial investment even if only with a small amount then you don't have to feel it, but because we are human beings, we certainly can't always avoid greed and maybe almost all members in this forum so I've felt the same way you are feeling right now and I personally also experienced it when dealing with shitcoins last year.

I also had the same experience when I became too greedy and bought a shitcoin at its highest peak. I didn't consider the fact that its increase was just carried by the hype. Sometimes aiming for too much will also be a reason for you to lose more but it should also serve as a lesson. We can't control ourselves to chase more profit despite the risk but we still have to set boundaries and limits.

When investing, we do not only manage finances properly, but we also have to control our emotions. Because some people do sometimes make
the wrong decisions when they can't control their emotions well. Actually as long as we can stick to our plan when investing, which we will sell
at the target we set, everything should be fine. Or it will be much safer if we take profit after we are already profitable and don't be obsessed
with big profits. But because humans are greedy, which always wants to make as much profit as possible. Finally, profits that should be easy to get,
can just disappear because of uncontrollable greed. That's why it's important that we focus on the plan and always control our emotions well.
And most importantly we must be able to learn to be grateful with a small profit.