Everyone is fearfull. Someone said this is time to be greedy - page 5.

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Quote from: Kittygalore on June 03, 2021, 06:44:27 AM

Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

Everyone would be scared when they see their portfolio getting it's value cut in half, it's a matter of how patient you are and how faithful you are that bitcoin prices will go back up again. I think people know that it is volatile but what they don't understand is that you can't make a quick buck out of bitcoin's volatility since it takes along time before the prices can recover.

Noobs would always have this kind of impression where quick bucks all they do see when it comes to cryptocurrency and this kind of mindset cant really be remove on someones mind when you are just new but soon you do realize on what is the real deal when you do get knowledge as time goes by.
Investment decisions will really vary on someones experience and knowledge because we do have different ways on dealing up with crypto.
Fear and Greed are main emotions that can be possibly felt into this market but if you dont know on how to deal with it then you would have a hard time.

dothebeats

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For people not really familiar with how the cryptomarket works, it'll be an extremely dangerous advice since they do not know how to gauge the current market and how deep the rabbithole can really go. Perhaps buying in small increments would be better compared to being 'greedy' especially to small-time investors trying crypto for the first time. It's always the better option really for people who don't have much money to just go small and take it easy even if experienced people are saying go ham and go all in.

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Quote from: LogitechMouse on June 03, 2021, 08:57:31 AM

Everything in the market is very uncertain and there is a chance that what you are thinking might now happen so the best thing to do is to have a solid plan into whatever situation might happen. If you have sold at the top and then bought when the market did its huge correction then congrats for you. They are saying that being greedy is bad but there are times that it is good like this. On the other hand, just be ready if the trend doesn't go to your way. I mean when you enter and it goes down even further then you must be ready for it

.

This is a risk for crypto market participant because price volatility can never be guaranteed to meet expectation. Being prepared for any situation is something that will probably be very difficult for most people because on many occasion we will surely see an unstoppable panic. Maybe those who dare to take risk are those who will be successful in trading when price experience a big correction, but few of us dare to do so without much consideration.

Slow death

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Quote from: OgNasty on May 31, 2021, 06:23:55 PM

I think anyone who is scared right now is acting a bit irrationally. The price is over $30,000. This is something most people thought would have been impossible not very long ago. I think people need to take a longer view of things and stop concerning themselves with day-to-day movements otherwise there is no possible scenario that you will actually hold your coins long enough to make a life changing profit.

imagine the people who bought bitcoin when the price was $55000 and begin to see the price drop to $30,000, and it is inevitable that fear starts to take hold of these people, because below $30,000 another big price drop would start and the losses would become greater

Quote from: poodle63 on June 01, 2021, 05:36:13 AM

Maybe, many people making some amateurish decision and when that happens you can try to get bitcoin at huge discount, i personally
trying to find an opportunity to buy when there's this flash dip that deceive amateurs to sell off their crypto posession and I will see it as a great opportunity
after all, if you don't take risk you won't making it big, been there done that i did nothing when i got the opportunity to buy coin at discounted price and regret later

why are you waiting for the opportunity to buy? the price of bitcoin could increase a lot in the future, so why are you undecided? The answer is simple: because you are afraid to buy and then the price will drop a lot and this is no different from the fear that many people who bought at TOP are feeling

Quote from: poodle63 on June 01, 2021, 05:36:13 AM

see all the riches from investment, for example from the movie "The Big Short", if this guy called michael burry didn't take the risk, will he make that much amount of money?
i know that's just a movie but that movie also holds truth and based on real story.

there are risks that the person must measure, especially when I involve money

LogitechMouse

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Quote from: dogtana on May 23, 2021, 01:49:00 AM

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

A famous quote coming from Warren Buffet and this is true.
When you see that others are panicking, take the opportunity to buy at lower levels and when you see others that are very optimistic then be ready.

Everything in the market is very uncertain and there is a chance that what you are thinking might now happen so the best thing to do is to have a solid plan into whatever situation might happen. If you have sold at the top and then bought when the market did its huge correction then congrats for you. They are saying that being greedy is bad but there are times that it is good like this. On the other hand, just be ready if the trend doesn't go to your way. I mean when you enter and it goes down even further then you must be ready for it

.

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Quote from: Kittygalore on June 03, 2021, 06:44:27 AM

Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

Everyone would be scared when they see their portfolio getting it's value cut in half, it's a matter of how patient you are and how faithful you are that bitcoin prices will go back up again. I think people know that it is volatile but what they don't understand is that you can't make a quick buck out of bitcoin's volatility since it takes along time before the prices can recover.

This gonna be a challenging part of crypto investment where sometimes we face such losses. And if we can't manage to handle the stress and emotions, the more it leads to panic selling. The best option if that be going to happen is to hold. I know that the market will never stay like this, it recovers soon for sure and all our patients could be paid off. Only we need to give some trust and let the market recovers.
And usually, I don't check the market every day as it causes some fears and worries.

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Quote from: sana54210 on June 02, 2021, 01:10:34 PM

Quote from: slaman29 on June 02, 2021, 07:38:49 AM

This trap is going to eat a lot of greedy inexperienced holders;)

It means there is a case to be made for people who just.. never sell? I mean people like me who rarely ever sells rarely ever loses money neither, I do not care if it is 30k and I do not care if it is 60k, I am just waiting until I am rich enough to retire and until that day I will not sell. Which means those "greedy" holders do not end up losing money as long as they do not sell under what they have bought it for and that is the thing that makes this much more fun.

For sure! I know I'm not the only one just hodling for long term almost as a kind of savings. Don't get me wrong, I don't believe all my eggs should be in one basket so I still have regular savings, but I try to also put in as much as I can into Bitcoin (not by buying but just keeping what I earn and selling only what I need).

I am not waiting to be rich, but I want to have something extra to fall back on if life goes bad.

Kittygalore

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Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

Everyone would be scared when they see their portfolio getting it's value cut in half, it's a matter of how patient you are and how faithful you are that bitcoin prices will go back up again. I think people know that it is volatile but what they don't understand is that you can't make a quick buck out of bitcoin's volatility since it takes along time before the prices can recover.

traderethereum

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Quote from: Kelvinid on June 02, 2021, 07:09:13 AM

Quote from: traderethereum on June 02, 2021, 01:27:49 AM

Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

Quote from: justdimin on June 01, 2021, 12:22:02 PM

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

Yeah, people will buy if they want to. I know we all have some fear but we don't just let this controls us because if that going to happen, we will no longer reach our goal. And this to say that Bitcoin is not for everyone, if we have some guts and willing to risk, this might be ours but if not, we better step away. Risk-takers win, we can't deny this thing and so many people had tried to invest in Bitcoin but not all of them went succeed, many were fail and lose their money.

We really need to prevent that risk by learning how to do that, and with practice, I am sure we can manage the risk and know how to have less risk.
In this matter, people need to learn more details about bitcoin not to be afraid.
If they think it is hard to manage their emotions to see the fluctuating price, they do not have to invest in bitcoin instead of searching for the other investment type they want.
Risk-takers can win if they can know how to manage the risk and not many people can do that because some people can not calm down with the volatility of the price.

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I do not know why fear or panic exists in people, some only look at the graph and only draw conclusions based on the form, others only review the technical aspects, and very few analyze fundamental aspects, such as Volume, number of wallets created, wallets millionaries, as indicated here:

Quote

The number of non-zero BTC addresses has decreased slightly.

The number of accounts holding <1 BTC peaked near the April 14 high.

The number of accounts holding >10,000 BTC bottomed near the April 14 all-time high.

Source: https://beincrypto.com/btc-on-chain-analysis-big-accounts-accumulate-small-accounts-sell/

In my personal opinion in 2017-2018 I learned that you have to take into account the number of wallets, because it was an indication that I was in the bullish trend race, it was my way of checking it, this time it may continue to work, not with such precision but to help confirm possible trends.

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Quote from: slaman29 on June 02, 2021, 07:38:49 AM

The greedy person looks for every opportunity, big or small, I totally agree. But also, the experenced greedy ones lock in profits as soon as they can, and then open up the next opportunity.

Without experience, the greed tells them to go for more, but they forget always to close the existing opportunities. Remmeber. Profits are never realized until you actually close your positions.

This trap is going to eat a lot of greedy inexperienced holders;)

Holders could not lose money as long as they keep holding, that is the key point there and unless they do that they will obviously lose money. If you want to make money by trading there is a ton of money to be made, like for example selling at 60k and buying at 30k would mean you will hold double the amount of bitcoin, but how could you know that would happen? You couldn't know that beforehand.

It means there is a case to be made for people who just.. never sell? I mean people like me who rarely ever sells rarely ever loses money neither, I do not care if it is 30k and I do not care if it is 60k, I am just waiting until I am rich enough to retire and until that day I will not sell. Which means those "greedy" holders do not end up losing money as long as they do not sell under what they have bought it for and that is the thing that makes this much more fun.

slaman29

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Quote from: LUCKMCFLY on June 01, 2021, 11:20:33 PM

Faced with a lot of panic scenario, a greedy person should always come out looking for the smallest opportunity to win, this is normal in the market, now BTC has great uncertainty, and it has a great probability that the price will fall a little, in fact many are betting on the BTC drop and go short, but I don't think so, I think this is a trap that whales put to remove the btc from weak hands:

The greedy person looks for every opportunity, big or small, I totally agree. But also, the experenced greedy ones lock in profits as soon as they can, and then open up the next opportunity.

Without experience, the greed tells them to go for more, but they forget always to close the existing opportunities. Remmeber. Profits are never realized until you actually close your positions.

This trap is going to eat a lot of greedy inexperienced holders;)

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Quote from: traderethereum on June 02, 2021, 01:27:49 AM

Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

Quote from: justdimin on June 01, 2021, 12:22:02 PM

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

Yeah, people will buy if they want to. I know we all have some fear but we don't just let this controls us because if that going to happen, we will no longer reach our goal. And this to say that Bitcoin is not for everyone, if we have some guts and willing to risk, this might be ours but if not, we better step away. Risk-takers win, we can't deny this thing and so many people had tried to invest in Bitcoin but not all of them went succeed, many were fail and lose their money.

traderethereum

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Quote from: BITCOIN4X on June 01, 2021, 12:53:00 PM

Quote from: justdimin on June 01, 2021, 12:22:02 PM

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

LUCKMCFLY

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Faced with a lot of panic scenario, a greedy person should always come out looking for the smallest opportunity to win, this is normal in the market, now BTC has great uncertainty, and it has a great probability that the price will fall a little, in fact many are betting on the BTC drop and go short, but I don't think so, I think this is a trap that whales put to remove the btc from weak hands:

Quote

Yesterday morning, despite rather modest buying volumes, the BTC/USD pair was able to recover to the area of average prices. In the afternoon, the Bitcoin (BTC) price moved into a narrow consolidation, right at the EMA55 line and, at night, bulls tried to form an impulse to break through the resistance of the $37,150 level.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-june-1

Some are waiting for the best time to enter the market, they are targeting much more of a bullish surprise, I think many have bought on the dip.

GeorgeJohn

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Quote from: dogtana on May 23, 2021, 01:49:00 AM

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

From my perspective Everytime is actual time to purchase crypto, but it depends on the individual objective to put it into function, really investors don't plan or make a specific arrangements on when to buy or sell, because they know quit well that any average business is made up of risk and profit, but base on novices and who are desperate to make a profit, but everyone mindset or taught is that this period is the season or time to buy, but on me it's a greediness as op cautioned it initially, i think purchasing anything depends on the way we strategies our self first.

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Quote from: dogtana on May 23, 2021, 01:49:00 AM

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Generally when the market is red, it present an opportunity to buy at very discount price but the reason you shouldn't be too greedy is as you don't know what's the market direction whether I'll further dump down or recover from your buying price range.

If you don't have plans of holding for years don't just blindly start buying from the market when you see it in red as some could be bear trap manipulations by the whale. Instead you can buy in batches as this prevent you from been at disadvantage if the market was to dump further.

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Quote from: South Park on June 01, 2021, 01:49:20 PM

Quote from: acener on May 28, 2021, 09:13:15 AM

I always see this kind of quotes or memes on social medias,
And I guess it is true only few are brave or strong enough to take risk when the market is dropping low and it could also be the reason why only few manages to be successful in crypto or trading.
Just like in HODLing only few could really do it for a long time others would take profit when their investment gains profit.

And this is why there are so few successful people on the markets, you need an odd combination, you need to be incredibly bold but only on the right circumstances and then be willing to hold your opinion to the point you do not care if the whole world is going against you, those two characteristics are almost polar opposites of each other and yet they need to be on the same person to have any chance of success, and anyone that has only one or none of those characteristics does not have the necessary skills to become a good investor.

Success will vary on how someone do put up risk on a certain thing and majority would really be just sitting and wait for further more believing that there might be still more lower price
and didnt risk out unlike into those who do put risk,they are the ones who do really make advantage but somehow the risk is always there.Its up to someones own decision
which would be accompanied with your skills and knowledge towards the market. You cant just make out any decisions without varying something.

South Park

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Quote from: acener on May 28, 2021, 09:13:15 AM

I always see this kind of quotes or memes on social medias,
And I guess it is true only few are brave or strong enough to take risk when the market is dropping low and it could also be the reason why only few manages to be successful in crypto or trading.
Just like in HODLing only few could really do it for a long time others would take profit when their investment gains profit.

And this is why there are so few successful people on the markets, you need an odd combination, you need to be incredibly bold but only on the right circumstances and then be willing to hold your opinion to the point you do not care if the whole world is going against you, those two characteristics are almost polar opposites of each other and yet they need to be on the same person to have any chance of success, and anyone that has only one or none of those characteristics does not have the necessary skills to become a good investor.

BITCOIN4X

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Quote from: justdimin on June 01, 2021, 12:22:02 PM

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

Topic: Everyone is fearfull. Someone said this is time to be greedy - page 5. (Read 1153 times)