Topic: Greed and crypto !! - page 17. (Read 5213 times)
Greed is normal, all investments are related to greed, but I hope you have not bought it, because if you buy it, you will lose a lot of money now.
Greed is opposite of patient and smart thinking. Set your goal before investing and sell at that goal no matter what. Sure greed may sometime brings more profit but on the long run you may get stuck beck in a bad trade. You can fast get into situation i will not sell with 20% profit if i already got 70% last week. So you hold and that position may get in loss and then you're just waiting to get in profit for days instead of taking next opportunity.
Remember two times profit of 50% is better than one profit of 100%.
Remember two times profit of 50% is better than one profit of 100%.
Investments in to crypto can e very profitable but there are always be big risk, so if you gona borrowing money from bank, that will double your risk. You can trade only with that amount of money what you are ready to loss.
I think this is too risky if we get a loan at a bank, we cannot predict when the market will return and our coins that we hold will rise rather than get loans at banks. We better use our own savings to invest in the crytocurrancy world.
When you want to make big profit and ready with high risk, you should be has knowledge about fundamental analysis because cryptocurrency price will going according to this. And dont use technical analysis because this is not accurate in crypto. And you should be has better management of risk and money because high volatilty of crypto possible to give multiple profit but also possible make loss more than 90% .
you are right,crypto is very interesting, only in a short time can we become rich and can also make us lose all the money we have.
all of that does not only depend on technical analysis, but we also need it.
even though it is a high risk, but if we can understand the market conditions I think that risk can be avoided.
When only follow appetite for excess always get the results then will never be satisfied. Crypto can indeed be promising. but in choosing to invest of course also need analysis and good choice. any place the capital will have bad consequences for the future.
When you want to make big profit and ready with high risk, you should be has knowledge about fundamental analysis because cryptocurrency price will going according to this. And dont use technical analysis because this is not accurate in crypto. And you should be has better management of risk and money because high volatilty of crypto possible to give multiple profit but also possible make loss more than 90% .
You do not have to be greedy in the crypto world and you cannot invest all your money in specific coins. You do not know when the price will either shoot or fall, so just be content with what you have.
Now it is not known when the market will recover, if you take a loan, you need to think carefully about how you will return this money. If you can calculate all the outcomes of investing with credit money, and get out at bad outcomes, then probably this is a good option. I would never take credit money for investment.
Crypto currency is so volatile that sometimes you just can not guess, and therefore it's risky to borrow or take out a loan to invest in crypto currency!
In the field of crypts, it is extremely difficult to be a long-term holder. Since it is difficult to resist selling when you see that prices are starting to fall sharply. You do not need to be greedy.
The greed in the cryptocurrency space is very scary because we know that investing in crypto is very risky.
My advice is not to invest in crypto-currencies with loans. You could get into debt.
My advice is not to invest in crypto-currencies with loans. You could get into debt.
Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?
I feel enough when the price of Cryptocurrency I bought decreased by 10%.
There I stopped, for fear of falling too deep.
Don't get carried away ambitiously to have many advantages, because patience is the key.
If someone else does not understand why people still use crypto-currencies, then I will say the whole thing is precisely in greed, it is greed that pushes people to invest in crypto-currencies, but this is only the majority.
people's income is different there is a difference that only invest in crypto and some who work or become entrepreneurs themselves. so people's beliefs are different, many say the crypto world is a fraud and does not believe that crypto is profitable. do not believe because have not tried it. greed should be able to control and also we think about the effects of greed.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
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
That's risky but if you are comfortable with it and have done an analysis why not, once the bull run returns you could be making huge I am not an aggressive investor but update us on your profit and loss we are all going to learn from your experiences
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
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 like the way you trust crypto. If the crypto world has a lot of people like you, there will definitely be a very strong pump happening. But to be honest, I think you are going too far as to loan 50,000 (supposing it is in the USD) from the bank to invest in crypto. You are taking too much risk. The crypto market, again, is very volatile. What happens next is always beyond certainty. We can only predict so far. Perhaps it would be better and wise of you to just invest some extra savings.
It is okay to buy more if you feel that you want to have a more multiplied profit. But beware, don't trust your instinct, make further concrete research to support your decision if its worth it to invest on this coin.
If you will be being greedy, then there will be nothing good that you will be able to get at time when you will be busy in investing in different crypto currencies. You have to stay in your senses and that you need to control your nerves so that you may then be able to think the best possible thing which can then help you in making of some good earning. Being greedy will only result in huge loss.
They cannot considerably try to look at the activities, updates, advancements and distinctive information focuses before contributing. Numerous financial specialists in the digital money are simply taking a gander at the qualities, on the off chance that they see it low then they simply continue purchasing and once that begins developing then they are not having influence to offer those coins instantly in the wake of getting a few benefits, however they will pause and pause and afterward it drops throughout the night and they free. That is the thing that the avarice is and that is the manner by which it eats you. Better be mindful and caution a similar way when we purchase at low!
If someone else does not understand why people still use crypto-currencies, then I will say the whole thing is precisely in greed, it is greed that pushes people to invest in crypto-currencies, but this is only the majority.
people's income is different there is a difference that only invest in crypto and some who work or become entrepreneurs themselves. so people's beliefs are different, many say the crypto world is a fraud and does not believe that crypto is profitable. do not believe because have not tried it. greed should be able to control and also we think about the effects of greed. 
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
Greed has never led to good, but it is here that it manifests itself in a greater degree. People seeking to get more money, after the first successes, think that they will continue to buy even more coins, only when the losses begin they begin to yell that the coin is bad. And maybe it was worth it before buying, to see if it's worth our investment. 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
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