Thats what have been helping me make money off crypto space.
I always do invest when others are fearful to invest and then sell when they are at peace and buying .
I sell to them at a reasonable profit.
Topic: Be greedy when others are fearful... - page 5. (Read 1422 times)
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!
Better to analyze case by case, sometimes the majority is right!
We forget to say that Buffet has such a capital behind it that it can afford to do any experiment, lose tens of millions of dollars, and leave with indifference.
Who puts everything at stake, it's better to use smarter techniques.
Then you do not know anything about the style of Warren Buffett when it comes to investing, he does not like to speculate, he is a fundamental investor, he is only going to invest in something that he understand and that he knows is going to give him profits, that does not mean that he has never made a bad trade but by far he is the most famous and the best fundamental investor in the world. Who puts everything at stake, it's better to use smarter techniques.
Greed when others are scared. But now everyone in the market is greedy, how do we do it. Everyone in the greedy market hopes the market goes up in the future and they have no fear at all. That is why the market can not go up
If market was greedy then the price would have gone up and their wont be shortterm sellers, still market are having fear traders who are taking profit in short term as they dont hope that market will reach more high.
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Greed when others are scared. But now everyone in the market is greedy, how do we do it. Everyone in the greedy market hopes the market goes up in the future and they have no fear at all. That is why the market can not go up
It is something to rely on their quotes and you can do that if you wish to.
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
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.
Well I also agree. We don't know for now how the market will work. When we invest we are taking to much gamble and take the risk since we must invest on the coin we speculate to increase since we all need 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.
you've made my day with this quote,, one of the classics,, the human mind needs to be reminded of such quotes time and time again
I guess in a way this is applicable but you must learn to be greedy first since this is a bad attitude to have
Rich people are greed most of them ofcourse because if you don't have this character you will always feel the drama of others and will interfere to your plans on becoming richer.so i believe that quote from wallstreet
Rich people are greed most of them ofcourse because if you don't have this character you will always feel the drama of others and will interfere to your plans on becoming richer.so i believe that quote from wallstreet
totally agree. the words are very helpful for new traders. and if you look at the market conditions many people are afraid of falling bitcoin continues to manage. that means now is the time to buy bitcoin
We forget to say that Buffet has such a capital behind it that it can afford to do any experiment, lose tens of millions of dollars, and leave with indifference.
Who puts everything at stake, it's better to use smarter techniques.
Who puts everything at stake, it's better to use smarter techniques.
that is right, Buffet can make anything with his capital especially when people are too afraid to invest in one program and Buffet will try to spend his money to see his chance to make a profit. but for us which doesn't have much capital, I think we need to think more about investing and we need, to spend some amount of money and not use big money. we don't spend big money when other people are afraid because we don't want to make a big risk for our cash.
For now though I am not sure accumulation is over as there is still more room to go down. Temporarily, we may be seeing some though, based on how the market has been acting, and that is also based on the time period on the chart we are dealing with as well. For the mean time though, there is a possibility of a short term accumulation which could result to a change in trend soon, but with the volume, I am not so convinced yet.
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We forget to say that Buffet has such a capital behind it that it can afford to do any experiment, lose tens of millions of dollars, and leave with indifference.
Who puts everything at stake, it's better to use smarter techniques.
Who puts everything at stake, it's better to use smarter techniques.
that is right, Buffet can make anything with his capital especially when people are too afraid to invest in one program and Buffet will try to spend his money to see his chance to make a profit. but for us which doesn't have much capital, I think we need to think more about investing and we need, to spend some amount of money and not use big money. we don't spend big money when other people are afraid because we don't want to make a big risk for our cash.
It is some time noticed that when the market fall all of those who are not a good business man they have no interest in the crypto so if the market is down the greedy who are wise they fear freely invest in these currencies and then they are very profitable.
In this market, I think not to be greedy but brave, awake when others are scared. Make a decision based on your knowledge and market information.
I think it is very normal, the world is freedom and competitive that everyone need to work hard to get what they want, you are free to get greedy and fearful as you want, the world is a machine that need to be running continuously without a pause, then the earth is stronger.
I agree of that. Every one need to workhard to get income to use in there daily life. Yes you are free whatever you want even greedy and fearful cause life goes on and the worlds are continues running you need to survive and to become successful in the future.
I really defenitely agree with you. You can not keep a coin if you're not sure about the price has risen. you should have long-term knowledge in this field because when you engage in such a job you should have a mindset and compassion and before all you must study a market state and the prospects of its coins. Without it, it is better not to take other opportunities.
A statement said by Warren Edward Buffett, I think that is true. Being greedy when others are afraid, can be categorized as one of the strategies that we need to do, even compulsory for us to do. Feeling afraid when others are greedy, this's a moment that we must anticipate in the future because the big players often play this type of strategy with their wealth.
We forget to say that Buffet has such a capital behind it that it can afford to do any experiment, lose tens of millions of dollars, and leave with indifference.
Who puts everything at stake, it's better to use smarter techniques.
Who puts everything at stake, it's better to use smarter techniques.
Of course Buffet said right words, but there is another situation in cryptocurrencies market. I think you should be always very careful opening any trading position. Because you can get in a situation when you buy in dip and then will get second new dip.
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