Topic: Excessive greed is detrimental to investment - page 4. (Read 1675 times)
Of course, in this case, a lot of people lose because they are too greedy and because they don't sell their crypto because they think the price will be even higher, but there are also consequences that greed can get big profits, like people who are strong and don't sell it when the price is high, because they think the price will be even higher, and the prediction comes true and finally sells at a very high price and makes a big profit. so I think in this case we also can't blame our decision too much. because everything depends on the fate of each of us so be grateful no matter what happens.
True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest.so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
I believe that for them to succeed they must learn the hard ways.
This kind of thing is sometimes ignored by those who believe too much in shitcoin that it will soar like saving stones and hoping it will turn into gold.
like in the past few months there have been several shitcoins that are hype and are being talked about, at that time the prices became higher and starting today the prices started to dump. it has become one of the clear evidence that shitcoin is indeed not feasible for the long term and only for the short term or to get quick profits.
instant or overnight mindset, it must be avoided.
True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest.so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
I believe that for them to succeed they must learn the hard ways.
This kind of thing is sometimes ignored by those who believe too much in shitcoin that it will soar like saving stones and hoping it will turn into gold.
like in the past few months there have been several shitcoins that are hype and are being talked about, at that time the prices became higher and starting today the prices started to dump. it has become one of the clear evidence that shitcoin is indeed not feasible for the long term and only for the short term or to get quick profits.
instant or overnight mindset, it must be avoided.
-snip-
I did not sell the crypto currencies I invested in the market at that time. So currently I am at a loss of $14000. Now I have no alternative but to wait for a long time. Finally I would like to say one thing from my real life, don't get too greedy in cryptocurrencies and hold any particular coin for a long time. It has the possibility of much more loss than profit.
We need to know that not all cryptocurrencies are feasible for us to hold in the long term because not all projects can last a long time, so sometimes if one of them has made a profit for us it would be better to sell it immediately, don't expect that they will provide even more, but with bitcoin I don't think it's too risky if we hold it for the long term and I'm not saying that this is greed because bitcoin really has been proven to be able to survive in any conditions even bitcoin has also proven to be more valuable from year to year. I did not sell the crypto currencies I invested in the market at that time. So currently I am at a loss of $14000. Now I have no alternative but to wait for a long time. Finally I would like to say one thing from my real life, don't get too greedy in cryptocurrencies and hold any particular coin for a long time. It has the possibility of much more loss than profit.
Holding Altcoin is very risky than holding bitcoin, you could invest in altcoins but to me after some certain point you should sell it off and make a turn to buy bitcoin and get your mind relaxed. One thing I don't really like of alcoin is, if they are down you may find it difficult for it to bounce back to the previous prices, while some dies and never comes back anymore. Have lots of experience with altcoins so I don't put interest to hold them for long time and whatever profits you made from it can immediately converted to BTC since is the mover of altcoin.
Greed is never a good thing in all cases, it's just because of greed that many people choose to invest in shitcoins, they want to make money fast, make a lot of money, and very few people achieve their goals when they are too greedy.
If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
I think that's a wrong approach. We are in a liberal world and that means greed is the key factor to unlocking the world to you. Being poor means that you can't do many things this life offers you, and during our age there are so many things that you could do which you fail to achieve if you are poor.If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
So that means greed is good if you can do it, if you are greedy and make money from it then it's a good thing, glad that you did it, I wish I was more greedy and took some risks for example, but if you fail at it and lose money because you are too greedy then of course it is a bad thing. That's the sort of situation I am in right now, not entirely sure about them all.
For poor person, they want to get out of poverty and succeed, I call it an aspiration, a dream, and to do that they need to work hard, try their best, and do more than what others do. I see what you mean, but I wouldn't call it greed, it's a dream. Greed should be kept separate from other things because being greedy means you will do anything, even bad things, to achieve your goal. Greed represents evil, human envy.
Greed is never a good thing in all cases, it's just because of greed that many people choose to invest in shitcoins, they want to make money fast, make a lot of money, and very few people achieve their goals when they are too greedy.
If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
I think that's a wrong approach. We are in a liberal world and that means greed is the key factor to unlocking the world to you. Being poor means that you can't do many things this life offers you, and during our age there are so many things that you could do which you fail to achieve if you are poor.If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
So that means greed is good if you can do it, if you are greedy and make money from it then it's a good thing, glad that you did it, I wish I was more greedy and took some risks for example, but if you fail at it and lose money because you are too greedy then of course it is a bad thing. That's the sort of situation I am in right now, not entirely sure about them all.
True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest.so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest.so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
I believe that for them to succeed they must learn the hard ways.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
Greed is never a good thing in all cases, it's just because of greed that many people choose to invest in shitcoins, they want to make money fast, make a lot of money, and very few people achieve their goals when they are too greedy.
If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
bad decisions and mistakes or errors towards on things that you are dealing with specially when you do make it in a rush or having that kind of carelessness towards your investment.
Never ever make yourself that confident because that would really be a huge factor that would really be affecting out those outcome and results which is something that you dont really like
for it to happen.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
Greed is never a good thing in all cases, it's just because of greed that many people choose to invest in shitcoins, they want to make money fast, make a lot of money, and very few people achieve their goals when they are too greedy.
If you want to have a lot of money instead of being greedy, you should have an investment plan and choose less profitable assets like bitcoin, but in return, there will be safety for us. I can confirm that all of our investment mistakes are rooted in greed, so it cannot be said that greed is good.
True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest. so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
I think either emotion and greeds could really affect in decision making towards any investments and should be getting rid of.So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
so many keep saying that greed and emotions are two different things but the reality is that both could affect in decision making horrendously and could incur losses.
it's always good to make strategy beforehand, after all with that we could avoid being greedy and emotions, calculation based on logic should always takes first place than other else.
that way your decision gonna be the most effective.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
honestly it's hard differentiating greedines and just mistakes, I mean if someone is holding for longer just because they want more profits isn't that essentially a greed, because they just want more and more despite already having good profit if they could just realize their floating profits, i'd consider decision that was made before hand basically part of strategy as a mistake if it turns out wrong but if it's holding for longer just for more profit and as it turns out, the coin is losing value instead, I think it's just greed, nothing more.So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
But if you are keeping like Bitcoin or top coins? then waiting even for how many years cannot be consider as greed because there are always potential of climbing.
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
honestly it's hard differentiating greedines and just mistakes, I mean if someone is holding for longer just because they want more profits isn't that essentially a greed, because they just want more and more despite already having good profit if they could just realize their floating profits, i'd consider decision that was made before hand basically part of strategy as a mistake if it turns out wrong but if it's holding for longer just for more profit and as it turns out, the coin is losing value instead, I think it's just greed, nothing more.So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
But if you are keeping like Bitcoin or top coins? then waiting even for how many years cannot be consider as greed because there are always potential of climbing.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
honestly it's hard differentiating greedines and just mistakes, I mean if someone is holding for longer just because they want more profits isn't that essentially a greed, because they just want more and more despite already having good profit if they could just realize their floating profits, i'd consider decision that was made before hand basically part of strategy as a mistake if it turns out wrong but if it's holding for longer just for more profit and as it turns out, the coin is losing value instead, I think it's just greed, nothing more.So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
honestly it's hard differentiating greedines and just mistakes, I mean if someone is holding for longer just because they want more profits isn't that essentially a greed, because they just want more and more despite already having good profit if they could just realize their floating profits, i'd consider decision that was made before hand basically part of strategy as a mistake if it turns out wrong but if it's holding for longer just for more profit and as it turns out, the coin is losing value instead, I think it's just greed, nothing more. So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
Great that you break it down in order for them to clear out what they are talking about. So, according to your explanation, we can clearly see that ambition is much better than greed but too much ambition can occur too for us humans and this doesn't differ anymore from being greedy.
Speaking of greedy, many of us are currently suffering from it even though we know that it's wrong. In life, we should have this so-called contentment so that we won't fail if we are already at the highest peak of our careers. A lot of poor have this trait already but I think they need to try harder because they are still at the lowest point of their lives.
Greed is one of the seven sins, and even if we do not believe in religion, it does bring some sort of consequences that is not nice at all. If you could end up with a lot of money then you could say that consequences were worth it for this much money and cover the difference, but if you are greedy AND not make any money with it, then you will face those same consequences while also not being rich.Speaking of greedy, many of us are currently suffering from it even though we know that it's wrong. In life, we should have this so-called contentment so that we won't fail if we are already at the highest peak of our careers. A lot of poor have this trait already but I think they need to try harder because they are still at the lowest point of their lives.
I could be a millionaire by this summer, I truly could, but that would mean not only I would be hated by everyone I know, but also probably be sued by many I don't know. Does it worth it? Absolutely not, zero chance I would do it, hence I feel like I am not greedy.
i dunno what metric you use when investing.
but there is a diff with meme coin(hype token) and real utility token with it real market and usage.
for the first one it should be pump and dump, exit take it all, as for second it all depend on you research is token undervalued how much it real value is?
as for your portofolio, crypto market will rise again, but the question will be will the token you invest survive?
and for greed, never use your emotion when investing. always question yourself when buy or sell. why you do it now? is it emotion? or backed by real data and analytic.
but there is a diff with meme coin(hype token) and real utility token with it real market and usage.
for the first one it should be pump and dump, exit take it all, as for second it all depend on you research is token undervalued how much it real value is?
as for your portofolio, crypto market will rise again, but the question will be will the token you invest survive?
and for greed, never use your emotion when investing. always question yourself when buy or sell. why you do it now? is it emotion? or backed by real data and analytic.
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
You made mistake because of your greed to hold more and I see no difference. If you want more then that means you're greedy and it's not just a mistake because you're the one who decide to take that risk, hoping to gain. Well, it's a human nature to be greedy, because who don't want to earn more than you should right? But we need to control ourselves and think of the present. If you already earn then take profit already, buy back and hold. It just depends on our strategy on how to take advantage the opportunity for our own benefit.So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
in this case it is very important to control yourself and for some people they usually don't realize it,
greed is pointless and will only make us lose more.
greed are the reason why many of people here losses their funds specially in Altcoins that we knew many are created to be scamming and not truly to bring profit.
Jump to: