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Topic: Greed and crypto !! - page 11. (Read 5213 times)

full member
Activity: 280
Merit: 100
October 22, 2018, 11:27:38 AM
So if you haven't changed your plan, I feel that you should lose a lot of money now. I have been trying to persuade my friends not to lend money to invest in coins.

I hope he didn't take a loan from the bank to invest into cryptocurrency. If he did, it would be very very bad for him now.
No one can predict the future, maybe the market will stay at this price for a few years.
I just invest by my saving money only, the money that will not impact to my life even if I lose it, so I can hold my coins for a long time
full member
Activity: 1064
Merit: 102
October 22, 2018, 11:00:25 AM
Don't try to collect loan to buy crypto it's too risky crypto is too volatile to risk collecting loan to buy it. What if you couldn't make 2x or 3x you want to use to pay back only put what you can afford to lose my 2 satoshi for you.
member
Activity: 602
Merit: 10
October 22, 2018, 10:46:17 AM
Greed and cryptocurrencies are two concepts that are not interrelated. Greed is good only if you bought Bitcoin five years ago when it cost 100$ and still do not want to sell your Bitcoins.
jr. member
Activity: 71
Merit: 1
October 22, 2018, 10:33:05 AM
its not greed but normal desire to earn some money. but the bad side of this desire is that you want to take a loan. are you sure about this? because crypto is very unstable and you might get into trouble.
sr. member
Activity: 1078
Merit: 256
October 22, 2018, 10:24:57 AM
I have very similar feelings. You can stop only when you realize that the money will soon end. But when the rate of cryptocurrency is growing, greed makes you buy more and more. It is necessary to control yourself, otherwise you can go bankrupt when the rate falls.
That's why it is very important knowing how to control yourself,  a lots of times fomo kept investors being bankrupt, as they think that the rise will be continuous and suddenly they've seen a quick dumped, instead of holding strong they will quickly sell it out to panic and loses investment, we must choose
wisely in order to make sure that from each assets that we invest we do have future goals accompanied by trust of holding and waiting for the success of the said assets, the longer you control your greed the higher chance to gain bigger profits.
copper member
Activity: 269
Merit: 0
October 21, 2018, 06:38:36 PM
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks
This is a burst of emotion and the fear of missing out. Be very careful and please do have a safely net if ever your plans does not work. Greed will always be within ourselves and we should control that. We knew that there are a lot of crypto millionaires now but we have very different path.
member
Activity: 798
Merit: 38
October 21, 2018, 06:34:27 PM
Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.
This is one of the things i will never dare to do. Due to the volatility of cryptocurrency, i can never borrow money to invest into it. Rather i would make do with the little money i have, that i am able to spare peradventure i lose. Those who invest during the last bullish market, will have lots to say, most especially for for who are holding what they bought then till now.
So work with only what you have as a person and not to borrow
legendary
Activity: 1358
Merit: 1000
October 19, 2018, 05:33:33 AM
I have very similar feelings. You can stop only when you realize that the money will soon end. But when the rate of cryptocurrency is growing, greed makes you buy more and more. It is necessary to control yourself, otherwise you can go bankrupt when the rate falls.
member
Activity: 120
Merit: 10
October 18, 2018, 03:59:05 PM
The submit merely appears like an individual is attempting to encourage visitors to make investments about money which you have put in about. Similar to a great advertising. Nonetheless, everything you assert is fairly normal. Once you note that the price tag on the particular money is getting upwards, you may then repent regarding not necessarily investment greater than you might have. That is one thing to make an attempt to be able to combat even though. Different you can be together with massive damage.
jr. member
Activity: 342
Merit: 4
LUCRETOKEN.COM
September 29, 2018, 03:16:01 AM
what must be done when the current market situation is to remain calm in responding because if panic later worsens the situation, for example, instead of selling coins that are still owned even though the price is cheap, then it will get a big loss and when it turns out in the future the price of coins turns out drastically increased as of the end of last year all that could be done was regret because it used to sell coins
member
Activity: 151
Merit: 10
September 29, 2018, 01:51:18 AM
So if you haven't changed your plan, I feel that you should lose a lot of money now. I have been trying to persuade my friends not to lend money to invest in coins.
sr. member
Activity: 574
Merit: 250
September 28, 2018, 02:56:05 PM
No, I do not feel this way, it's really dangerous! The more coins you have, the more attention you need to spend in order to follow them. You should buy coins within reasonable limits, think about it.
member
Activity: 333
Merit: 14
September 28, 2018, 01:11:29 PM
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks

I do not think that bank loans for crypto are a good idea. I know a lot of stories when people because of their greed had very big debts. The topic was created in April and I hope that the author overcame his greed and did not apply to the bank. I'm sure that in the crypto market you need to invest the amount of money that you can afford to lose. And not a cent more.

It seems to me that it is in vain to hope, more likely the person took a loan, even more tied himself to cryptocurrencies as he wanted. To my mind to take loans or to sell something in order to buy the cryptocurrency it is a bad idea.
full member
Activity: 406
Merit: 100
September 28, 2018, 12:17:01 PM
I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.

Positive and negative comments are all welcome in this thread. Thanks

I do not think that bank loans for crypto are a good idea. I know a lot of stories when people because of their greed had very big debts. The topic was created in April and I hope that the author overcame his greed and did not apply to the bank. I'm sure that in the crypto market you need to invest the amount of money that you can afford to lose. And not a cent more.
member
Activity: 322
Merit: 12
September 28, 2018, 11:49:25 AM
Greed is the worst quality that leads only to losses. Greedy people always lose, whether it's the market of crypto currency, casino or ordinary life. Any system is arranged in such a way that a greedy person first wins, and then loses everything, crypto is no exception.
And that is why crypto world will help us to overcome our greed in ourselves also to learn to be more patience because if not we will lose a lot here too because we all know how volatile the market is.
full member
Activity: 378
Merit: 100
September 28, 2018, 11:47:35 AM
I believe that everything should be in a certain measure. I am sure that the current year has cooled many hotheads who believed that the crypto currency is able to make them rich and happy instantly, and therefore invested in it their last savings. Surely, the author of this topic later half a year thinks quite differently and was able to overcome his greed)
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 28, 2018, 11:40:08 AM
I personally wont advice taking loans and invest it in cryptocurrency. Sell your stuffs or property that you don't really need but don't take loans and invest it in crypto. The money that you should invest in crypto is something you can afford lose. If it's a loan, definitely you can't afford to lose it. Just be very careful on your investment, study the project very well. So its very risky with loan
We have same Idea man. It is a very bad move if you loan for the sake of a investment. I am recommending that its better just to have a job/side job that you can earn a money and spend it to an investment. Just dont take a loan because the money you just loaned will keep bubbling up.
full member
Activity: 378
Merit: 114
September 28, 2018, 11:28:55 AM
I personally wont advice taking loans and invest it in cryptocurrency. Sell your stuffs or property that you don't really need but don't take loans and invest it in crypto. The money that you should invest in crypto is something you can afford lose. If it's a loan, definitely you can't afford to lose it. Just be very careful on your investment, study the project very well. So its very risky with loan
member
Activity: 364
Merit: 19
www.codex.one
September 28, 2018, 11:26:51 AM
Greed is enemy for a trader . You should concentrate on increasing the dollar equivalent, and not on increasing the number of different crypto currencies, because you never know which one is waiting for a failure . I was also concentrated on building up the altcoins position and now I'm in a big trouble  Sad
newbie
Activity: 23
Merit: 0
September 28, 2018, 11:15:19 AM
Cryptocurrency is a position where you assume 't get to be avaricious . It is greater to merit fewer than to miss your capital or age . You require to be psychologically steady
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