Being greedy when others are fearful means being able to take risks in spite of the very many uncertainties that surround you. Those who have the ability to take risks usually get the lion share of profit. This also applies to the cryptocurrency market but make sure u have a sound understanding of what u want to invest in before you do.
Yes you’re right, but you shouldn’t let that statement or quote blind you from the fact if you are doing anything at the wrong time you are bound to lose. So know what you are doing, we all know this is risky and of course the biggest risk takers are those that comes out with the lion share but that doesn’t mean you can just jump in at anytime and be expecting that you will make profit, sorry it’s not going to work out for you.
Topic: Be greedy when others are fearful... - page 4. (Read 1422 times)
The crypto golden rule !
When others are panicingand dumping their digital assets at loss, that is the right time to bag those coins.
Then sell to them when the market recovers at a profit.
When others are panicingand dumping their digital assets at loss, that is the right time to bag those coins.
Then sell to them when the market recovers at a profit.
That's one of the major rule in the crypto market.
Once followed, it will help in mitigating your investment looses while increasing profitability.
Once followed, it will help in mitigating your investment looses while increasing profitability.
This does not make sense at all.In reality, this happens.Greedy people take advantage of the ignorance of others.That is where scamming comes in.Greedy people don't succeed.
Yes do an investment first at small amount and dont care if the market goes its craziness until when it does because someday somehow you might not notice how this fearful am i will be succeed too in the long run,.dont bother the deflation of prices because we cant really predict til when it goes up again so for your concern is to monitor and alert for the perfect timing.
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Nothing beats good research and proper timing. Not doing what everyone else is doing isn't the issue, doing what you think is right is.
Quote
I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet
-Warren Buffet
This is not applicable to all investment. Warren buffet is not speculating interms of investment. Cryptocurrency is different to other investment. If you want to buy bitcoin because you inspired of this quote actually dont rely on ones achievement make your own more effective and can get more income then share it to everyone. Warren buffet understand what market makes and what actually can do in the long run. Before follow others opinion do some research kn your own take it us 2nd opinion.
Quote
I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet
-Warren Buffet
This quote is constantly bandied about as justification to invest in Bitcoin, and especially now that there has been some nice price movement in the upward direction. But this Warren Buffet quote is only relevant with the proper context, which is that Warren Buffet only invests in things he has a fundamental understanding of and can quantifiably value. You can confidently be greedy when others are fearful if you have a sound investment thesis and are a fundamental value investor. This is how he turns his investments into home runs, he knows what he's buying and what it's worth and can weather the negative sentiment until the market learns what he already knows. This doesn't apply at all to a speculative investment like crypto. Following this advice willy-nilly is gonna get you burned because you're misunderstanding the intent and the application.
Don't not buy Bitcoin if that's what you want to do, but don't fool yourself into thinking you're following Warren Buffet's advice. Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating.
I’m so agree with you. The quote is quite good but you surely mustn’t follow this advice without any thinking. Be careful, collect other people’s knowledges, behave according to your experience and you will get profit.
That's right and we should always stick to what we believe is right for us to get good profit. Accepting others suggestions is the best ways to absorb the knowledge they had, and don't just rely on it all alone but also explore and use it just for reference.
In theory it may seem like a good idea, but all automatic strategies are destined to be losers.
Better to analyze case by case, sometimes the majority is right!
Completely disagree, automatic strategies can be very successful the problem is that people get afraid and then they stray from the strategy even if they know that is the right thing to do, for example right now the strategy is incredibly simple buy bitcoin and other good coins and get profits in just a few years, but very few are doing it because they are afraid another crash is going to happen. Better to analyze case by case, sometimes the majority is right!
I’m so agree with you. The quote is quite good but you surely mustn’t follow this advice without any thinking. Be careful, collect other people’s knowledges, behave according to your experience and you will get profit.
Quote
I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet
-Warren Buffet
This quote is constantly bandied about as justification to invest in Bitcoin, and especially now that there has been some nice price movement in the upward direction. But this Warren Buffet quote is only relevant with the proper context, which is that Warren Buffet only invests in things he has a fundamental understanding of and can quantifiably value. You can confidently be greedy when others are fearful if you have a sound investment thesis and are a fundamental value investor. This is how he turns his investments into home runs, he knows what he's buying and what it's worth and can weather the negative sentiment until the market learns what he already knows. This doesn't apply at all to a speculative investment like crypto. Following this advice willy-nilly is gonna get you burned because you're misunderstanding the intent and the application.
Don't not buy Bitcoin if that's what you want to do, but don't fool yourself into thinking you're following Warren Buffet's advice. Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating.
Many big players follow this principle in their business which ever it may be and if people start following this in their life as well then definitely we would not have this much fall in prices of the crypto so quickly as things dips more due to the panic selling as well and not buying during the dip time.
That is not the way it works, if everyone decided to follow the advice of Warren Buffett then the advice will become ineffective and doing the opposite will become effective, remember you cannot become successful doing what everyone else is doing, you need to follow your own path, that does not mean that you need to reinvent the wheel, but you need to do something different otherwise your results will be the same as the results that everyone else gets.If everyone followed the advice, there wouldn't be panic. Being contrarian just to be contrarian is not the key to success. If you're just doing the opposite of what everyone else is doing, you are not guaranteed to succeed. Buffet's advice is specific to a set of givens which fundamental value investors know, he doesn't just blindly buy things when everyone else is selling them. Also, you can become successful doing what everyone else is doing, and that's essentially what Bitcoin is built on entirely. Bitcoin doesn't go up in value unless everyone (or very large groups of people) agree it's worth more today than it was yesterday.
This phrase of Buffet is essentially a joke, obviously with a fund of truth.
But if you want to earn, it is better to rely on a serious analysis and not on jokes ...
Well for me it is not a joke because all of us are earner and we really want to get profit so I think bitcoin is not something to be taken for granted, it mean to be greedy for more profit and I think being worry to get more profit is not being greedy, everyone has equal rights to buy coin and sell, now a day market is really low because some people sold early so buy now and use the opportunity. But if you want to earn, it is better to rely on a serious analysis and not on jokes ...
This phrase of Buffet is essentially a joke, obviously with a fund of truth.
But if you want to earn, it is better to rely on a serious analysis and not on jokes ...
But if you want to earn, it is better to rely on a serious analysis and not on jokes ...
Quote
I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet
-Warren Buffet
This quote is constantly bandied about as justification to invest in Bitcoin, and especially now that there has been some nice price movement in the upward direction. But this Warren Buffet quote is only relevant with the proper context, which is that Warren Buffet only invests in things he has a fundamental understanding of and can quantifiably value. You can confidently be greedy when others are fearful if you have a sound investment thesis and are a fundamental value investor. This is how he turns his investments into home runs, he knows what he's buying and what it's worth and can weather the negative sentiment until the market learns what he already knows. This doesn't apply at all to a speculative investment like crypto. Following this advice willy-nilly is gonna get you burned because you're misunderstanding the intent and the application.
Don't not buy Bitcoin if that's what you want to do, but don't fool yourself into thinking you're following Warren Buffet's advice. Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating.
Two different kinds of emotion that actually really felt to all bitcoin user, first they had to be greedy because they have a large capital to invest whatever happen they don't experienced going to crack down because they are rich person 2nd there is a time that people has a capital but not enough to invest they felt that if they proceed their investment the question is? is there a good return if i proceed? what will going to happen if my investment is not worth it... thats the big circumstances that people really scared if their capital is enough for their daily needs.
Yes, I am always expecting and greedy waiting for the market to grow again
greedy is actually good in the crypto world, because in the crypto world it is different from the real world, especially at this time in the crypto world there are ongoing problems, and it is difficult to understand by various people
Greed is good in the regular world too. Greed is the force behind capitalism, the "invisible hand" of the market. As we have seen, capitalism is the most successful type of economy of the world today.
In the crypto world, greed is good too. The only problem comes when "less-intelligent" investors get carried away and invest a lot in Bitcoin.
We are living on capitalism world and being greedy is one way to make success in any investment. When peoples scared and not confident with market condition, people tend doing panic selling and its good for greedy peoples because they will buying it will cheap price. From what i know, economic crisis is opportunity to collecting good investment with cheaper price
panic because of price decreases. be a different person by reading it as an opportunity to get assets in a cheap price
Kesempatan itu jarang kita dapat..andai saja ketika pasar kcripto lagi turun dan berani membeli sudah pasti satu keberanian.. begitu pasar naik ane jual tertu saja untung besar..atau di anggap tamak ..ane rasa itu biasa.
To get big profit, of course greed is needed, without having greed, our lives will be flat and unchanged, this is what makes us have to take the opportunity to buy when the market is red like now.
Biarkan saja orang menganggap tamak.. karena inilah kesempatan untuk menambah model menjadi kaya kesempatan yg ada saat ini haruslah agan manfaat kan.. intinya membeli selagi murah menjual ketika mahal.
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