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.
You are right and this I as have said in my previous post that, being greedy in crypto investment has been stressed enough that investors shouldn't be greedy and also have a target of when to take profit and forget what happens net.
Also, I see that this was a new project, some Investors always clamor for investing in new projects claiming that is where you can easily make 50X-100X from investment which could be so as you mentioned but investors also forget that these new projects are prone to RugPull and are more risker.