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Topic: Everyone is fearfull. Someone said this is time to be greedy (Read 1322 times)

sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

You should have listened that someone.  Grin  Joking aside, when the big dump happened in the market, Bitcoin price dropped down to even $29k from a level over $60k. This was the dip we are all talking about every time. People who benefited from this chance are really lucky now. They can make much more profit than the ones who started buying Bitcoin new. But I'm saying this considering they will sell at the same level of course.  Grin  Because not everyone has the same strategy.

Whales mostly compensate from this situation, creating artificial market movement those who fears always lose their money from
this business, if you can't handle your fear better not to push from this market.

Those who bought from that huge correction after the new ath are the one who are enjoying right now, they are collecting very
decent amount of profits.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?
what is feared is not fundamental at this time the market price is starting to rise again slowly if you decide to buy the possibility to take profits is very large because the market is in a positive trend, if the fear of losing money continues to haunt us we can't trade better save money forever don't never trade because of fear that will make us make mistakes and experience losses.
hero member
Activity: 2548
Merit: 605
When you do have some real experience and awareness in the market then you can easily spot out which one is tending to hype things up and trying to shill down something which is a manipulative kind of act or behavior which is something that is common within this market.If you do make yourself easily get hooked up with fundamentals or events then you should really prepare yourself into something which is really hard to determine
even how experienced or professional you are.

Fear is something that cant really be removed into someone because we do value our money that much and when the time that it seems you dont know on what you should gonna do then this is
where desperation movement or acts would really be done.
Not really, I have been in crypto for 8+ years now, I know many people who have been here for 5+ years, I have seen people make as much money as I have seen them lose. The only difference is that I have seen people rarely lose all of their money, so that means is people are smart about dividing their money into multiple stuff and not go all into stuff, which is a very very smart move, and when they lose it is fine, BUT when people win money here, they win so much as well, sure you could win small amount too, but there are people who makes 100x profits as well and that means that all those losses before that worths it, and that is why people do it.

I personally would love to say that I know which ones will go up, but I have no idea, I just invest, and mainly I lose money on them, but not so much and when I profit, I profit more than I lost combined.
STT
legendary
Activity: 4102
Merit: 1454
There wasn't blood on the streets in May, that phrase matches BTC pre QE programs that have occurred in the last year or so and the effects of stimulus fiscal deficits and so on.   We had a sharp pullback that was quite fair in comparison to the rise and its bullish that it never really lost the rump of the gains.
   We'll remain bullish until actual tightening or serious fears of that occur, the FED is quite light touch in view of the ongoing deflationary effects of an economy effected by this pandemic and so on.   No doubt we resolve to inflation, thats long term but meanwhile most of the threat of strong dollar appears to not be there.
hero member
Activity: 3010
Merit: 794
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

You should have listened that someone.  Grin  Joking aside, when the big dump happened in the market, Bitcoin price dropped down to even $29k from a level over $60k. This was the dip we are all talking about every time. People who benefited from this chance are really lucky now. They can make much more profit than the ones who started buying Bitcoin new. But I'm saying this considering they will sell at the same level of course.  Grin  Because not everyone has the same strategy.
That because this was just only a sort of market speculation, we can't be serious enough to follow what people are saying, that sometimes they are joking actually.

Anyways, if you have extra money and planning to invest, Bitcoin investment is really profitable but can't set aside the high-risk as well. But if we can dare to face this and manage our emotions, this is certainly a good investment plan. Buying at a cheaper price is relatively giving us the chance to make more profit someday. And this is not meant greedy as we are just taking advantage of the situation, IMO.
When you do have some real experience and awareness in the market then you can easily spot out which one is tending to hype things up and trying to shill down something which is a manipulative kind of act or behavior which is something that is common within this market.If you do make yourself easily get hooked up with fundamentals or events then you should really prepare yourself into something which is really hard to determine
even how experienced or professional you are.

Fear is something that cant really be removed into someone because we do value our money that much and when the time that it seems you dont know on what you should gonna do then this is
where desperation movement or acts would really be done.
sr. member
Activity: 2436
Merit: 343
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

You should have listened that someone.  Grin  Joking aside, when the big dump happened in the market, Bitcoin price dropped down to even $29k from a level over $60k. This was the dip we are all talking about every time. People who benefited from this chance are really lucky now. They can make much more profit than the ones who started buying Bitcoin new. But I'm saying this considering they will sell at the same level of course.  Grin  Because not everyone has the same strategy.
That because this was just only a sort of market speculation, we can't be serious enough to follow what people are saying, that sometimes they are joking actually.

Anyways, if you have extra money and planning to invest, Bitcoin investment is really profitable but can't set aside the high-risk as well. But if we can dare to face this and manage our emotions, this is certainly a good investment plan. Buying at a cheaper price is relatively giving us the chance to make more profit someday. And this is not meant greedy as we are just taking advantage of the situation, IMO.
sr. member
Activity: 1666
Merit: 304
kycfree
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

You should have listened that someone.  Grin  Joking aside, when the big dump happened in the market, Bitcoin price dropped down to even $29k from a level over $60k. This was the dip we are all talking about every time. People who benefited from this chance are really lucky now. They can make much more profit than the ones who started buying Bitcoin new. But I'm saying this considering they will sell at the same level of course.  Grin  Because not everyone has the same strategy.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?
Many people have made wise investment decisions in cryptocurrencies whether it was a bull market or a bear market. someone who is willing to take the risk of speculating on Bitcoin and other altcoins and make huge profits if they sell at the right time. Traders make huge profits by observing market movements and taking advantage of price changes.
Being profitable is something depending on peoples capability towards on making up their decisions towards their investment because we do have our own views and perceptions on things
whether some do panic out but you are seeing differently and seeing it as an opportunity for you to enter with cheaper prices.Majority of people who do have this kind of mindset is on
to those who are bit experienced compared to those who are just starting up. Be greedy when most people are fearful because regrets would be next online if the market
start to recover once again.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?
Many people have made wise investment decisions in cryptocurrencies whether it was a bull market or a bear market. someone who is willing to take the risk of speculating on Bitcoin and other altcoins and make huge profits if they sell at the right time. Traders make huge profits by observing market movements and taking advantage of price changes.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!


As opposed to the last month of extreme fear, we are now in extreme greed.
member
Activity: 140
Merit: 12
Everyone knows that Bitcoin is a long-term development, but everyone makes market decisions based on market changes. However, many people also make unwise decisions due to market panic. If you never sell, you must ensure that you have enough funds for daily consumption, otherwise you cannot invest all your money in Bitcoin. You can look at altcoins, but no one knows the market for altcoins. You must have enough patience and keep a clear head. Don't be too greedy, stop profit and stop loss.
sr. member
Activity: 543
Merit: 250
Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage.  I'm not nailing the bottom, because I'm bullish on bitcoin.  Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.

The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Roll Eyes
Always been like that on where people do really end up on buying on higher price or when Fomo or rally is happening and doesnt really do those things when the price is going down.
Its a bit understandable that we would all be that hesitant and as part of human nature then it isnt surprising but there are ones who do really take a risk and dont mind about
being scared nor fear  out and its neither  they do lost money but most of  the time, bitcoin does  recover which simply means that they are  really making profits later  on.
It is just a matter of risk taking but not all would really  be having  that kind of behavior.

It costs more mental strength to buy an asset that is on its way down, but that is exactly the right way to go about it. As you said if FOMO kicks in you are going to make bad decisions and freak out even more when right after you bought the coin starts dropping again. If you buy smaller amounts while it is dropping you feel better with every positive bounce it makes. Still, that's something you got to learn.
sr. member
Activity: 1876
Merit: 318
~
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.
The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Roll Eyes
That's what you called ignorance, most people who ride the FOMO does not really understand how this market work, they thought the train will continue and will not stop, and when the price dump and they see their investment's value is slowly going down, they tend to panic and dump immediately, and that's the reason why we see some significant market dumps that would result to more selling pressures by the newbies.

It's sad to know the fact that there are still many investors who don't understand how the crypto world works. I also often see a lot of people who
decide to buy Bitcoin when the price goes up, but when the price of Bitcoin falls they will panic and sell the Bitcoin they have. This is
the importance of learning Bitcoin first before deciding to invest, because good investors always know what they are going to buy. Don't buy
Bitcoins because of other people's opinions, but we buy Bitcoin because we understand how Bitcoin works.
hero member
Activity: 2954
Merit: 672
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Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage.  I'm not nailing the bottom, because I'm bullish on bitcoin.  Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.

The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Roll Eyes

That's what you called ignorance, most people who ride the FOMO does not really understand how this market work, they thought the train will continue and will not stop, and when the price dump and they see their investment's value is slowly going down, they tend to panic and dump immediately, and that's the reason why we see some significant market dumps that would result to more selling pressures by the newbies.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage.  I'm not nailing the bottom, because I'm bullish on bitcoin.  Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.

The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Roll Eyes
Always been like that on where people do really end up on buying on higher price or when Fomo or rally is happening and doesnt really do those things when the price is going down.
Its a bit understandable that we would all be that hesitant and as part of human nature then it isnt surprising but there are ones who do really take a risk and dont mind about
being scared nor fear  out and its neither  they do lost money but most of  the time, bitcoin does  recover which simply means that they are  really making profits later  on.
It is just a matter of risk taking but not all would really  be having  that kind of behavior.
sr. member
Activity: 2842
Merit: 326
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When this thread was started, the price of bitcoin was close around $36500. Compared to the price by that time, what we've got now is lower than $36500. With this it looks like a clear time to get greedy and invest. As of now people are in a dilemma whether to invest or not. In my opinion one who invest without fear and with a mind to overcome any kind of situation will profit out of the prevailing market.

this is a sure thing bro. those who are afraid to invest will regret it later, it seems they only realized when bitcoin had taken off and had not been down for a long time. I think like you, it's time to invest and be greedy.
Already the fearful are already in profit now the price of bitcoin had experienced some remarkable upward surge since yesterday imagine a buying some coins based on fear-and-greed-index meter, while the unfearful will continue watch with amazement how the price was pumping hard invariably buys at high, it is obvious all the price dips that occurred in the past weeks in which at times it went as far as below $30K but later ended up in some profits the fearful investors must have taken those opportunities to buy low, the bottom line is to be greedy and buy at every dip who knows what the future holds? bitcoin is a very valuable asset it volatility is second to none thus wise investment in it will always result to huge and massive profits however bitcoin investment is for the fearful minded individuals who took risk at the appropriate time after a thorough study of the market.
legendary
Activity: 3136
Merit: 1172
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Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage.  I'm not nailing the bottom, because I'm bullish on bitcoin.  Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.

The fear and greed index represent the opposite of this behavior. People normally loves to jump in a running train and hardly take any position while the train is still and not moving. I don't understand the nature of the people that they will feel hesitant to buy bitcoin at 30K but these people were happy buying at 60K  Roll Eyes
sr. member
Activity: 2338
Merit: 365
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Panic and tremors only make us fall into the arms of bears, some people appear to haggle over the price of bitcoin to buy when the market breaks strongly, they may lose more than their advantage.  I'm not nailing the bottom, because I'm bullish on bitcoin.  Buying at 29-30k is a good reassurance. I guess we're going to be strong this weekend.
those who panic will get nothing in the market...

Buying when the market is bullish and selling when the market is bearish is stupid behavior. the best time to buy is when the market is bearish, then control your panic, don't be like a stupid newbie who always panics.
sr. member
Activity: 543
Merit: 250
A true believer of bitcoin will not going to hesitate to put any amount of investment even it is small from time to time because they believe that bitcoin was made for a long run and long term hodling. This is already proven and we've also witnessed the ups and downs of market price way back when bitcoin wasn't pricey enough compared today. In my case I am patiently waiting for the rising of bitcoin price again which I believe that it would be possible before this year ends, i believe that there's nothing to be fear of.
This is basically explanation of what I have been doing for years. I believe that bitcoin will be a huge thing in the future, it is already quite big and I really like it but at the end of the day we know it is not where it could be, it could be a lot more, a million dollars per bitcoin is not out of question at all and that means we are talking about 33x increase in price give or take, and I know not everyone can retire with 33x profit, I know we need more, but we could just keep on investing more and more into it, even if it is just 10 bucks time to time, that is going to eventually reach to a level where we will feel a lot more comfortable with, it is not going to be a million dollars each overnight, so we have maybe a decade who knows?

So, in that decade if we could put more and more money into bitcoin and some other crypto then we could actually have a chance to retire. That is my plan at least.

When you asset that a million dollar Bitcoin is not out of the question at all, did you do the maths before putting your statement the way you did? I am not saying it is impossible either, but it would give Bitcoin a market cap beyond $20 trillion. That is quite far fetched for now.
hero member
Activity: 2562
Merit: 586
A true believer of bitcoin will not going to hesitate to put any amount of investment even it is small from time to time because they believe that bitcoin was made for a long run and long term hodling. This is already proven and we've also witnessed the ups and downs of market price way back when bitcoin wasn't pricey enough compared today. In my case I am patiently waiting for the rising of bitcoin price again which I believe that it would be possible before this year ends, i believe that there's nothing to be fear of.
This is basically explanation of what I have been doing for years. I believe that bitcoin will be a huge thing in the future, it is already quite big and I really like it but at the end of the day we know it is not where it could be, it could be a lot more, a million dollars per bitcoin is not out of question at all and that means we are talking about 33x increase in price give or take, and I know not everyone can retire with 33x profit, I know we need more, but we could just keep on investing more and more into it, even if it is just 10 bucks time to time, that is going to eventually reach to a level where we will feel a lot more comfortable with, it is not going to be a million dollars each overnight, so we have maybe a decade who knows?

So, in that decade if we could put more and more money into bitcoin and some other crypto then we could actually have a chance to retire. That is my plan at least.
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