Topic: Greed and crypto !! - page 25. (Read 5182 times)
Being greedy is good but too much of this attitude increase the risk some it should be better if we apply wisdom for it to become wise greedy trader. I am serious with this because we can not avoid the feeling that we become more eager sometimes to have more altcoins.
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.
Greed is one of the biggest enemies of cryptocurrency job, if you would just let yourself to be greedy, the chance to get scammed or just basically lose your money is so much higher.
you can't be a fan of investments, if we talk about credit. but what I want more different coins - Yes, I noticed this at home and with friends. but the essence is not in quantity, but in quality
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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 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 don't feel the hunger to buy Coins but I feel the hunger to use my opportunities that are opened for me at this time on the market, so it causes me to spend more and more time here.
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.
There are even special clinics for cryptoaddicts. Alex Elder wrote about trading psychology in his books (called "Trading for a living"), I found it very interesting.
special clinics just for cryptoaddicts?
sounds like we're heading in the right direction. Greed is necessary to some extent but too much of anything can burn you in the long term.
I will not call it a greed. there are a lot of good coins you cant ignore and end up buying few which is a good thing. But only invest what you can afford to lose.
Crypto market is very fruitful so they make all the participants greedy. Everyone wants to make money fast and crypto market is one of the best way to earn fast. So people easily become greedy in this type of particular scenario.
I bet with the recent downtrend so many people have lost many things and investing with a loan is a dangerous thing where some people can have really bad consecunces if something wrong happens.
I think that on the growth of the market you can take a loan and buy Bitcoin or Eth, because in the investment world to be greedy is good because we want to maximize the profits we will have more, because we have a good coin choice to invest because of the coins that we choose to have potential profit in the future
because we all have the deep greed that will be our body when it comes to excessive money, but making a lot of money with altcoin nowadays will indeed become more attractive it will usually be a problem with the investors because there are so many altcoins in the market that we really can not investing for all the coins today, it's not a bad thing to have as human nature.
Greediness is a bad habit and it always gives more losses then profit as we always want high profit but cannot find that point because this market is highly volatile and one news make huge positive/negative effect on it. Always decide a target for you and sell immediately when your target achieved.
It is better not to be greedy and get a profit of 20% than nothing at all! You don't have to be a hamster!
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 think peoples will always be never enough to spend their money. same for me, if i see that crypto market is falling down,
i will prepare my money to buy more eth because i know i can use my money to earn the profit in crypto.
There are even special clinics for cryptoaddicts. Alex Elder wrote about trading psychology in his books (called "Trading for a living"), I found it very interesting.
The loan should be taken only in the case of a clear and sober calculation of the receipt of sufficient profits to repay the loan, and the amount of profit should be much higher than the amount of money paid on the loan. Crypto currency is unpredictable in its price. Therefore, to take a loan in order to invest in the crypto currency is not worth it. You can get to a period when the crypto currency will either fall in price, or will be very long on the price day. Therefore, you will have much less problems if you count on your finances in finance, without even investing all your funds in the crypto currency.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I agree, there is a lot of greed here in crypto, we all need more free coins and want them to rise in price all the time, some times we loose a lot of money due to greed but this is just human nature.
unfortunately, we cannot get free coins and we need to buy or do another else to get that coin. I admitted that greed is always with us but if we know how to solve or manage our emotion, then we can make a profit without having greedy. and if somehow we are getting lose, we need to know that we can always get another profit in the other time and we can learn from that lose so we can learn the important lesson from our loss.
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.
Jump to: