Post
Topic
Board Trading Discussion
Re: Trading and Greed
by
Oluwa-btc
on 05/04/2025, 21:54:40 UTC
One of my friends who is into crypto trading made a remark. He said, "I am gradually learning how to conquer/manage GREED. Once I make small profit while trading, I will immediately close the trade. I am not interested in making $200 with $10."
It is funny but he learned this the hard way. As a trader and even generally in life, the lesson that you refuse to learn from the mistakes of others, you'll finally learn it from your own experience.
My question to you is that, as a trader, what ways from your experience have you learnt to conquer or manage GREED?

Definitely you're on point, there's a way greed have possession on someone  and if not managed properly it'll result to some disheartening stories and regrets, it's just like buying and selling, amidst getting some profits from your sales some persons out of greed they'll always want some huge profits from it and they go about increasing the price of some of the products they sell all because of greed, which logically it shouldn't be so, and that's how trading is why buy a coin with $5 and then you are expecting a huge profits from it ranging from 100 it doesn't work that way, with your little sum you can walk away with anything that tops it abit above it's actual price.