Topic: Be greedy when others are fearful... - page 11. (Read 1422 times)
Maybe there are more deeper meaning of that phrase, but if there's none then I don't think that it was right cause working with crypto requires a multitasking intelligent, situation is the basis if the investors will be greed or not, price also of BTC and other coin affect. BTC enthusiast plays safe to avoid being scam and and fight back if the coins fluctuate positively there are no strong evidences that proof that a investors should be more greedy when others are not maybe that sequence can lead to more worst scenario.
Very true, lad! It's alright to take risks. But it must be calculated risks. If you must take advice from rich men, then you must make sure to understand completely their advice. Being greedy and stupid is self destructive. The kind of greed Warren speaks of is smart. After accessing the situation, you choose to do what others aren't ready to do. And while doing this, you go all the way.
It isn't always correct to be greedy, all of us understand that due to the fact it can purpose other human beings’s failures. by way of the quote- it teaches human beings to do incorrect element and mess around with the ones worried one- you need to continually placed your shoes on their footwear, flip the alternative manner around constantly if you are of theirscenario what would you experience.
Not everyone is speculating every time. Predictions can be sometime harmful choice hand making smart choice is difficult depending upon the situation. When people Fiat the price inflation due to rumurs or by watching the price crash . People start making wrong decisions and others take advantage of this opportunity and became gready.
This market needs alertness so there is no ambiguity here, to achieve the goal of trade-offs with new efforts. Greed is for the big ones or the lucky ones. No one can say this market well, including financial experts.
I think it's not good if we will greedy while others is fearful because we know being greedy will bring you to loses and being unsuccessful person. Maybe not to much greedy is alright because if you give way to others is good to our feelings. I know in crypto many people is greedy because they want to grab opportunity but I think it's not good to be greedy.
The quote was just to give an advice to investors. There are many ways to be rich. Investment is not necessarily the only way but people do believe that it helps to become rich. Indeed, most millionaires are investors. The thing is that they invest long before the product becomes famous. In that case, it is easy to be greedy and jump on the opportunity. On the other hand, many people became famous thanks to their intelligence. Here, I am talking about Gates or Mr. Facebook. Inventing something can also help people to be rich. Finally, I think that writing is also a way to become rich. If you are successful, you can make. So again, Be greedy when others are fearful depends on the occasion.
But information that IS insider information is without question illegal to trade on.
It's pretty interesting how the opinions on insider information are pretty far apart from each other. In the crypto world there are loads of people trying to justify the use (abuse) of insider information, while there is nothing about it to justify. It's illegal by itself and unethical in every possible way.
Roger Ver seems to be on that side as well, which might explain the crazy price explosion of bcash just before Coinbase announced that they will be listing it. Coinbase CEO is pretty close with Roger Ver as well.
We'll probably not hear much from it again with how Coinbase and Roger can just keep their mouth shut, unless something happens and they start to blackmail each other. We'll see where it ends.
Yeah, in that case it was Coinbase employees who had the inside information and were trading on it. At that time, nobody but Coinbase knew about the intention to support BCH and this was a potentially huge development that would most likely send the price substantially higher. And indeed that's exactly what happened. Trading on that information when it wasn't public would be insider trading. In the securities arena, insider trading is plainly illegal. There's no defense for it. In crypto, I don't know if it's *technically* illegal because that would come down to a legal interpretation of if any securities laws were violated (if the underlying instrument is/isn't a "security"), etc. What's plain is that it should be illegal if it's not, and it was a violation of Coinbase's policies. In my opinion, it was morally and ethically wrong as well.
In order to do this, you have to have a lot of money. Personally I do not have much money so I will not do this. I only invest in the trend of the market.
You need to know as special mindset in order to be able to perform that because it is so easy to say that money is nothing but a Number is on the screen or something similar to that but it's really hard to risk those numbers, when it comes to the action.
Well it is hard indeed to risks at first if you don't have knowledge at all in crypto. Yes easy to utter words especially if money is the purpose when we have to invest in crypto. Just like in bitcoin we dont know really where it will heading so sometimes being greedy is helpful to earn money. Not everyone is speculating every time. Predictions can be sometime harmful choice hand making smart choice is difficult depending upon the situation. When people Fiat the price inflation due to rumurs or by watching the price crash . People start making wrong decisions and others take advantage of this opportunity and became gready.
This market needs alertness so there is no ambiguity here, to achieve the goal of trade-offs with new efforts. Greed is for the big ones or the lucky ones. No one can say this market well, including financial experts. Totally agree with you. You can not keep a coin if you are not sure that the price will grow. You need to have immense knowledge in this field, be able to analyze the state of the market and the prospects of coins. Without this, it's better not to take chances. IMHO
Keep holding the coin if you are sure that it has a future and also on the dips keep buying so that you can make the best of the returns when the prices rise. May be short term the price may be in a down side but we all know how quickly the markers can be recovered.
You need to know as special mindset in order to be able to perform that because it is so easy to say that money is nothing but a Number is on the screen or something similar to that but it's really hard to risk those numbers, when it comes to the action.
I agree. A person juat following everybody else will just fall like everybody else. Besides, you can only be great at your chosen craft if you invest not just resources but time and effort. Time and effort to learn and perfect your craft. In investment terms, to learn what and when to invest in, to develop a system that is fool proof and income generating.
Totally agree with you. You can not keep a coin if you are not sure that the price will grow. You need to have immense knowledge in this field, be able to analyze the state of the market and the prospects of coins. Without this, it's better not to take chances. IMHO
Yes, if you do not have enough knowledge then you will not choose the right coin. It means being greedy with a scammy coin will not help you for becoming rich. You must use your knowledge when choosing the right market so that we can analyze better then being greedy will help us.
It very simple in words that when everyone is selling you buy and when everyone is buying you sell. This the main success secret of frading. But you should be more caution when trading
But information that IS insider information is without question illegal to trade on.
It's pretty interesting how the opinions on insider information are pretty far apart from each other. In the crypto world there are loads of people trying to justify the use (abuse) of insider information, while there is nothing about it to justify. It's illegal by itself and unethical in every possible way.
Roger Ver seems to be on that side as well, which might explain the crazy price explosion of bcash just before Coinbase announced that they will be listing it. Coinbase CEO is pretty close with Roger Ver as well.
We'll probably not hear much from it again with how Coinbase and Roger can just keep their mouth shut, unless something happens and they start to blackmail each other. We'll see where it ends.
The statement holds ground when you know what you are investing into otherwise any statement can be taken and be twisted in such a way it it gives false idea's to people.so alway know what you are getting into and then only you can say be greedy when others are fearful.when buffet said this statement he was referring to something he knew about and had investigated about it properly and then said and he also knows if he invests in every project that comes across his table he won't be left with a table at the end of the day so first investigate and then invest no need to hurry there is always a market boom around the corner you just have to know here to look .we have improved and matured as a market and offer investor's various platforms to invest and provide a diverse range of choice .
Buffet is a very clever and prominent person but it seems me tha the often has some inside information before making investing decisions but anyway I respect him very much. It seems me that he describes 2 stages of market. The first in is an oversold stage where you need to buy to reap some later and the second one is an overbought stage which is usually named as ephoria where you need to sell all your assets before a crash or a deep correction phase.
You must understand that there are different levels of inside information, inside information is not illegal in itself, so there is nothing wrong with what he or anyone is doing, in fact if you are a fundamental investor you want to have as much information as you can before making any kind of investment in a company, and with his reputation it is obvious to me that even if he forgot everything about how to invest he will still very successful since he will have trusted people to him giving him hot tips about which company to select to invest.Inside information actually is illegal. Information is either public or it is not. If it is not public, it is inside information, and inside information is illegal to use for trading purposes. Just because a particular person doesn't know something doesn't mean it's not public though. If the information is obtainable and someone doesn't know how to find it or doesn't, that doesn't mean it's inside information. But information that IS insider information is without question illegal to trade on.
it's a good suggestion, indeed as humans sometimes our thoughts will be easy in the propaganda by what we hear or we read, in our crypto business sometimes we make hasty decisions just because of negative issues, and that sometimes becomes our regret in in the future, there are times when we have to close a few eyes and ears to the opinions of others in making decisions but it is also the limit just to filter it, not too, because sometimes hear the opinions of others can also be a positive inspiration, essentially we have to be open in receive any information but all do not be swallowed raw raw but must be filtered first dipikiran well, just take a decision, do not be rash if you do not want to regret
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maybe we can greedy if we are sure that the price will increase in what we predict but still, don't be greedy is the best suggestion for every trader. I think it's not greediness if the others are fearful but we are brave to take a decision after doing research about what we want to do so we know that we are want to make something and we are ready with the consequences that might be happening in the future. meantime, the other is not to brave to take the action and they choose to be a watcher, listener, without doing anything and finally, they will regret that they are too late to make a decision.
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