Topic: Be greedy when others are fearful... - page 14. (Read 1432 times)

Keep in mind, the price is what you pay, and value is what you get—pay too high a price and returns are decimated. To elaborate on this, the value of a stock is relative to the amount of earnings it will generate over the life of its business. In particular, this value is determined by discounting all future cash flows back to a present value, an intrinsic value. Pay too high a price and the return that arises as a stock gravitates back to its intrinsic value over time will erode. Act greedy when others are fearful and reap enhanced returns, under the right set of circumstances: predictability must be present, and short-term events that create the subsequent downgrade in prices must not be moat-eroding.

Nice strategy. When others are fearful, that's the time to be greedy. Been greedy at this time will get you all the coins you need at low price because a lot of coins will fall cheap

If that’s his understanding of business and situation then that’s for him. I don’t have to be affected by his mindset. If that works for him then that’s good for him. I don’t have to be greedy when others are fearful, I’d rather help those who are fearful so we can enjoy together the profit of our own investments in bitcoin or crypto. That way i was able to share others what i do know and all of us are happy.

I will agree that this is the best strategy when you aiming a successful investment in cryptocurrencies. You can buy a big amount of crypto when the price are very cheap in the market. and just hold it for the main time because crypto price are very volatile. You can sell it all when the price slam to rise up again. 

This should be applied when the price of bitcoin was below $7,000 because a lot of people are fearful and they are all doubting if the price of bitcoin will go up again and have a comeback and that is when you should become greedy and you should be craving for profits with that and if you did that then congratulation because you already made a great profit until now.

Be greedy in a sense that don't hold too long, always think about the future possibilities of your income and giving your self some pleasure in making out of that possibility, In the crypto sphere, you should be aware that you are capable of earning much more you deserve, there is a lot of investments and ways to earn, they have campaigns, you must be that optimistic person, where you will consider all the profits that you will have by achieving it in a beeter way, not like others who have some fears in taking a step.

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.

Personally, I try to simply invest in bitcoin a certain amount monthly. As the mathematical model shows, this strategy allows to achieve the optimal purchase price.

This phrase makes a lot of sense.
In bearish market such as we are witnessing now, the best thing to do is to go greedy on some good cheap altcoins.

Shouldn't over exaggerate the investment skill of who is widely credited as being the greatest investor of all time? I don't know if that's exactly possible, but if it is, I don't think anything said of him so far would qualify as over exaggerating his investment skill. When he took over Berkshire, the company stock was worth $19. It now trades for over $300,000. I don't know of another case where a public company has seen such sustained and massive wealth creation. It's a bit of an unfair comparison given the respective time frames, but those returns are better than Bitcoin's numbers, even for the HODLers!

I think in this context, greedy and fearful are mutually exclusive. If you are acting greedy, you are acting without fear of loss. If you fear loss, you aren't acting greedy. Greed ignores risk while fear inhibits risk taking.

As for the previous points, acting greedy doesn't mean your decision is spur of the moment. It just means that you're going into positions that others are fleeing. This can, and should be, a well-deliberated investment decision.  Also, the investment opportunities you highlighted about the 2008 financial crisis are only evident in hindsight. In that moment, the world financial structures were crumbling. There was no indication there was going to be a bailout, or that if there was one, that it would work. In that moment, there was no confidence in the system and risk of loss was everywhere. There was contagion and systemic collapse, and everything unfolding was pretty unprecedented. Now as it turns out, anyone putting money into certain companies made a killing, but don't forget that speculators were putting money in Bear Sterns on the way down too, and they lost everything. Same for Lehman. Looking at the landscape 2008, risk of loss - not just loss, but total loss - was everywhere. It is only 10 years later with the benefit of a great deal of hindsight and context that can look back at 2008 and say, man, there were some good opportunities out there. At the time, that was an incredibly uncomfortable thing to say.

I'm not sure why so many people are down on Warren for that quote. He's basically saying buy the dip, and sell when things are high. If I wasn't so greedy back in January I would have had a nice profit. But I was greedy and I have many times less than what I used to have.

"Be greedy when others are scared" is actually one of my best phrase.
The present market state is the best time to be greedy in bagging some cheap good altcoins now that some others are scared.

Probably ancient latins were first while saying: mors tua vita mea. This mot can be applicable to any field, and crypto is not excluded. Obviously, you need to exploit weaknesses of the market and try to bag the most in sorrow times. And it is also applicable to speculation as well. It is the foundation!

It's important to understand though why Buffet doesn't believe in gold: because it's not a productive asset. It doesn't produce income, it doesn't have cash flow, it merely is an asset that is worth what large groups of people agree on and doesn't generate any return outside of that. Also, the proven track record of thousands of years for gold isn't as a wealth-producing asset, but as a wealth-protecting asset, and this is a HUGE difference. People don't get rich buying gold because over very long periods of time, gold largely tracks inflation; no new wealth is created, it only preserves what wealth was put into it over time.

good quote  and i agree with that , when people panic sell , there opportunity what we can get from it , and when people pump it so hard we must get careful of that

I think the above quote is not meant to be an understanding of crypto investment because we know that Buffet is one of those figures who hate bitcoin on the grounds of speculation and fluctuations. For me, as long as crypto can still be profitable than investment on crypto become a major choice compared to other investments that we can not necessarily master quickly and easily.

You should be greedy when others are afraid, but are you afraid when others are greedy? This is the normal view of investing, and if you can overcome both, you can certainly make money speculating.

no need to be greedy, it will destroy us.
we must have a sense of satisfaction, take a modest profit from the trade do not expect anything big. if you do not want to be ruined.

In business, you need to be greedy to earn, but just do not forget that you need to be able to release money so that they return.