Crypto trading lessons: Don't be greedy.

[Fidelia]

One of the biggest lessons that I have learned studying the world of crypto trading is that people should not be greedy when trading crypto. That can be attributed to be the cause of so many losses in the crypto world. The desire to make up to 50% profits is why people end up losing it all.

 

[King Belieal]

When one is looking at making 1000% profits from a crypto trade or investment, that person has turned it to gambling.

 

[Trush Jodie]

It is true that some people didn't have any business with some it the losses they had in crypto if they were not greedy.

 

[Suba]

Don't be greedy is a common advice in every trading, be it crypto, stock or forex. Another common advice is to avoid overtrading. While the first crypto trading lesson is to learn crypto, learn technical and fundamental analysis, choose a trusted exchange.

 

[uptrendfinancialsignal]

Well, if you ask me why a lot of crypto users lost huge money, it's due to greediness. They want to rake in all the money so fast, forgetting the level of volatility in cryptocurrency.

 

[Kross]

Greed in crypto investment is what would make one to buy an unknown coin and hope to make millions from it. It most times turn to dust.

 

[Stardom22]

Greediness is deemed to be very challenging thing that makes most of the cryocurrency enthusiants loosing their assets for sure. Moreover people should be in the right track on getting the right skills for trading of the cryocurrency for sure.

 

[Nomad]

You should know when to withdraw your profits and move on. I learned this lesson a hard way, and you can learn it without making any losses

 

[Augusta]

Yesh when it comes to trading or making money it is not good to be greedy to avoid losses

 

[Fidelia]

Take a look at the last bull run. Some people made profits but didn't take it to leave the market and now, the market is correcting itself.

 

[Augusta]

This is why t is good to study how an investment works to avoid huge losses

 

[eLdavis]

When it comes to trading, greed has always been one of the reasons why most people have ended up loosing lots of money.

 

[Kera]

Greed has killed the trading potentials of lots of people in crypto and forex. I mean people that have mastered trading.

 

[Augusta]

Greed has killed the trading potentials of lots of people in crypto and forex. I mean people that have mastered trading.

Yes, even professionals sometimes get greedy and lose a huge amount of money . it is never ending well when you are greedy with trades

 

[Stardom22]

I agree with you that the greediness is the source of failure on the cryocurrency venture for sure. Most people fa that fail to their level of greediness always have a very rough crypto life.