Topic: Greed and crypto !! - page 24. (Read 5213 times)
Take a loan and pay it with the income from the cryptocurrency can probably only an experienced trader. if you consider yourself to be experienced trader,you can try. and so, you should be able to pay off your credit if suddenly the market downtrend drags on and you won't be able to make money regularly in the cryptocurrency market.
All is your choice, because for investment in altcoin requires a good research so that we do not lose, let alone altcoin price of the world can not be predicted exactly and correctly, because the ups and downs depend on the interests and purchasing power of the owners of capital. but my advice you should not be too brave to take a large loan because of course the bank interest should you pay and on time, while altcoin profits can not be ascertained.
I think personally, Everyone knows that you can buy coins only for money that you do not really need.
But I want people to invest more money in cryptocurrency and patiently you can turn that money over several times.
But I want people to invest more money in cryptocurrency and patiently you can turn that money over several times.
Its never advisable to use a loan on crypto... U can take a loan of 50k today buy some Btc hoping that history will repeat itself u gonna gain...later u lost .and never made a profit....use ur money and urs alone..manage ur risks...
Not a financial advisor
Not a financial advisor
Greed is actually a common thing that comes with anytime that attaches value. It's just normal. However, being greedy has made people run into problems rather than the little good it can do to someone. In your case anyway, I think you are taking it too far. You going to the extent of wanting to borrow loan from a bank can actually be injurious to your future here. As we all know, Crypto is too volatile despite having a great future. Hence, you take a thing like this putting your future at stake. Buddy! I think it's wise if you thread softly.
I can however advise you to invest in this coins, if it's byour own hard earned money. Great men of today are actually great risk takers of yesterday.
I can however advise you to invest in this coins, if it's byour own hard earned money. Great men of today are actually great risk takers of yesterday.
My advice to you is not to be too greedy to take advantage, when the time comes, then you will benefit more than you imagine, that I think is a typical attitude of the average person, but we must remain patient. Do not take the risk to borrow money in the bank, for something you are not sure of yourself.
Be sure to invest in what you can afford. Whatever you choose, you need to be deliberate.
Encrypted markets are dangerous, volatile and unpredictable, and taking out loans to invest in them is suicidal.
Encrypted markets are dangerous, volatile and unpredictable, and taking out loans to invest in them is suicidal.
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
The loan idea is luncacy. It's fine to diversify your Holdings, and of that's what you call greedy then fine. After all, no successful millionaire has ever been called modest! But don't take out that loan!
A lot of investors who want to have it all and really lost a lot because of their greedy urge to invest in any 'altcoins' cryptocurrency to make gains without considering the authenticity of that coin. The worst of it all is to invest in cryptocurrency with borrowing. It's stupidity for a trader to collect loan for buying bitcon or any other cryptocurreny. To invest in cryptos, you invest with money that you're ready
A lot of time! And I have seen myself into the trouble because of this addition many times. I kept using many coins which were useless but I thought that they might be next jackpot and stuff like that. Nothing like that really worked out in the future for them and few of them came out as scammer and few of them gained no volume for very long and eventually gotten dead. I think crypto currency is like new kind of addiction. Once you enter you always want to have more and more of it and cant stop yourself from gaining more. But from my experience I would suggest that you should really really stop when the time is right and you have enough investment made into it. 
If you are a holder, I do not think that this is too important for you to invest and not receive a profit.
If you are a short-term trader, it's a bad thing to lose your assets.
Be patient and do some buy and sell every day to increase the amount of coins you own or increase the amount of BTC you are holding. This is good to minimize the risk of default
If you are a short-term trader, it's a bad thing to lose your assets.
Be patient and do some buy and sell every day to increase the amount of coins you own or increase the amount of BTC you are holding. This is good to minimize the risk of default
Great plan. You can still sell the kidney and buy coins. OMG. Why are you writing this? Some newcomers will read and think that this is how it should be done. This is a mistake about what you are saying.
Peoples are always greedy and in crypto they would be greed because crypto could make things far more then you are expected. But to be successful its hard to overcome these greed.
I agree with you. greediness is not only in the crypto but it's on every aspect in our life. but in the crypto, we want to always make a big profit and no matter how much we spend, we still expecting to make much money. greedy will come to us no matter we are loss or profit and I think we really need to control our greedy so we can reach our goals in trading. maybe it will difficult but we still need to try to control as we don't want something bad will happen later.
I have also been in the same position as you. It felt any belonging never felt enough. Shopping always want coins, again and again. Even always want to buy the new coins are considered able to survive and have a great future.
I see that you have a great desire to take out a loan. But look at the cons. You can buy bad coins that will not grow for any reason. The market can for a long time still be at the bottom, and you will not have anything to pay a loan. And there can be even more such moments.
It is not greed to wish on accumulating wealth may it be in stocks, business or crypto. We just want a comfortable life. All of us will be get older and it's better to have a source of income when the time comes that we can no longer work to earn a living. It is not good to depend on our children because they will have their own family later.
Greed always loses money in the virtual money market. Greed is lost not only in the money market but also in normal life. Being patient in the stock market always makes money.
In my opinion, there are so many people like you, a lot of people forget that high-yield investment is associated with greater risks and therefore it is not worth investing borrowed and loan funds.
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 really crazy if you make a bank loan to invest into crypto, extremely dangerous. You might lose it all because there is a big risk when investing into crypto and you should only invest what you can afford to lose. 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
personally, I think entrepreneurs will always tell you to take big risks and earn a great income. Your idea sounds like you are ready to take a big risk. then of course, if you succeed, you will become rich enough, and if not, well, nothing terrible, you will be able to give credit. but I think you should be calm and have a smarter decision.
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