Greediness is a factor one must afford when and during investing. Greediness eats people up until they neglect the danger and goes on to the point of going against the precautions to be followed.
Greed comes in when during FOMO which is Fear of missing out. During this period when there is bull market or the price of a coin rises , we tried to sell but greed comes in when you sell your coins out.
And also during investing when you put amount which you cannot afford and I alway stay is very risk to borrow money for investment what if there is price down what will you do? But initially you borrowed the money with the aim of making profit on it but when the price now go down or the investment doesn’t worth the money you put initially.
Greed destroys things easily when not watched. Don’t invest based on your emotions.
In nutshell watch out for greed and your emotions when trading or investing.
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