If I hadn’t been greedy, I’d have six times more money right now.
In this context, I’m reflecting on situations where coin prices increased by 15-30% or more, yet I didn’t sell, hoping they would climb even higher. The result? Prices often retraced back to my entry point or even lower, triggering stop-losses or reducing my capital.
After experiencing several such disappointments, I’ve adopted a strategy: take profits when prices reach key resistance zones, identified through chart analysis.
Yes, this approach might seem obvious and widely known, but greed is notoriously hard to overcome—it’s no coincidence it’s considered one of the seven deadly sins. The key to defeating it lies in forming personal convictions, maintaining discipline, and celebrating every profit taken. It’s also crucial to remember that the market will always offer new opportunities to find the next profitable entry point.
Avoid greed, and your win rate will soar.