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Topic: Greed and crypto !! - page 22. (Read 5213 times)

member
Activity: 224
Merit: 10
July 08, 2018, 05:17:48 PM
Never use loans to invest in crypto, it is just far to difficult to predict this market and that means that you will risk something you can´t afford to loose.
member
Activity: 254
Merit: 18
July 08, 2018, 05:12:30 PM
I don´t see any problem in having a balanced portfolio to optimise your personal strategy. Anyway it seems that alts are winning the round at this point.
member
Activity: 798
Merit: 14
July 08, 2018, 04:59:02 PM
Of a truth, those two words are inseparable. Everyone in this space have had a share of the former. You have a trade going in your favor you ignore the sell signals because you want it to move up more and most times, this trades go against us and we come crashing down heavily. To survive, we need to be guided, directed and focused making sound investment decisions.
full member
Activity: 568
Merit: 100
umachit.fund
July 08, 2018, 04:25:15 PM
I were greedy when the market was at peak and I didn’t sell coins which it wanted. The market fell and approximately for half a year it is red.
jr. member
Activity: 84
Merit: 1
UniDapp
July 08, 2018, 09:00:54 AM
You won't be a real crypto trader if that element of greed is not exhibiting itself within you. I feel all the time. I bought some NEXT the other day and now I am thinking I made mistake of not buying more. It is always like that most times
hero member
Activity: 1246
Merit: 534
July 08, 2018, 08:07:57 AM
I think its very hard to separate the two and think of them independently because essentially in all people's minds crypto is just a quick way to make many bucks and it inadvertently comes with the element of greed. This because people don't want to miss out and as an old proverb goes people want to 'hammer the metal whilst hot'.
full member
Activity: 378
Merit: 100
July 08, 2018, 08:04:53 AM
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 don't think that you are greedy but I think you are just being smart and taking advantage of the bearish market. I am in your boat also about buying and hodling coins that I feel have great long-term potential. I don't there is wrong with buying those coins. You are just being strategic.

Well, that's right do not invest with money you do not yet have. We all know that investing in crypto is too risky every time the money you enter may be lost. Being a greedy person will become rich and can cause many losses later on, then from iyi we also need to be careful before acting.
jr. member
Activity: 448
Merit: 1
July 08, 2018, 08:03:15 AM
Now every market participant begins to understand that many people are in crypto-currencies only because they have the opportunity to invest money and will have the opportunity not to be immersed in greed.
member
Activity: 242
Merit: 10
July 08, 2018, 08:00:25 AM
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 don't think that you are greedy but I think you are just being smart and taking advantage of the bearish market. I am in your boat also about buying and hodling coins that I feel have great long-term potential. I don't there is wrong with buying those coins. You are just being strategic.
copper member
Activity: 1050
Merit: 294
July 08, 2018, 07:51:23 AM
Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

Everyone feels the same hunger/thirst and it is never enough, as more you will get, more you will become greedy.

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.

Every beginner have the same mentality to become rich in a short period of time using cryptos.
Taking loan from bank to invest in cryptos is a bad idea, the market is too much shaky and you never know which coin will drop in the next hour.
What if the growth of coins you bought is not as you expected and your loan recovery time period comes to an end?
newbie
Activity: 406
Merit: 0
July 08, 2018, 07:29:55 AM
I was in this the same situation few months back. Like, I want it all. Every hype coins, I want to add that in my porfolio. To some extent, that I will sacrifice my food allowance for crypto and I forgot to go out and visit someone close to my heart.  But , I realized it's not healthy I have to look also for my well being.
jr. member
Activity: 98
Merit: 1
July 08, 2018, 07:21:39 AM
Bitcointalk makes me greedy! It is always saying that this coin is pumping and that coin is going up 1000% it makes me want to buy moar. I'd be happy with more of NEO and THEYKEY both of which are going to be big when China regulates and embraces crypto.
sr. member
Activity: 1078
Merit: 256
July 07, 2018, 10:07:18 AM
Greed is the natural form of human behavior. We will not be seeing this what we see today if our ancestors wouldn't be greedy. If your investment gets doubled in just few days or weeks it's quite natural to feel greedy.
If you are successful doing your trade then your thinking is that you can keep doing that from time to time, being greed will follow and it will keep
whispering in your ears that you will be able to keep doing the same, its just normal but needs to be well controlled, greed can give positive impact
if being used correctly in certain points of your trade being ambitious and aimed for bigger profits.
member
Activity: 242
Merit: 10
July 07, 2018, 09:54:53 AM
Yes, I have the same desire. My investment plan has been increasing the number of ICX coins. Many people, like us, need to keep increasing the number of coins you want to invest in encryption.
newbie
Activity: 102
Merit: 0
July 07, 2018, 09:52:24 AM
Bitcointalk makes me greedy! It is always saying that this coin is pumping and that coin is going up 1000% it makes me want to buy moar. I'd be happy with more of NEO and THEYKEY both of which are going to be big when China regulates and embraces crypto.
member
Activity: 364
Merit: 10
Fast, Smart, Trustworthy
July 07, 2018, 03:33:49 AM
Yes, I think you are very courageous. As long as you come to the bull market or come to the bull market, you can directly join the cryptocurrency through bank loans, but you can't be greedy. If you make a certain amount of money, you must leave.
newbie
Activity: 107
Merit: 0
July 07, 2018, 03:10:35 AM
Greed is the natural form of human behavior. We will not be seeing this what we see today if our ancestors wouldn't be greedy. If your investment gets doubled in just few days or weeks it's quite natural to feel greedy.
newbie
Activity: 111
Merit: 0
July 07, 2018, 03:06:02 AM
Some people take loans to play in the casino. Some take a loan to play in the forex market or the stock exchange market. So why not take a loan to invest in crypto currency? It's not worse.
newbie
Activity: 112
Merit: 0
June 30, 2018, 11:51:57 PM
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.
newbie
Activity: 7
Merit: 0
June 30, 2018, 05:18:29 AM
just hold thanks mr mina for your work
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