Topic: Greed and crypto !! - page 30. (Read 5182 times)
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.
My take on investing into crypto, is to invest only what you can afford to loose. Whoever wants to succeed in crypto will not allow himself to be driven by greed into investing into just any coin. Careful analysis needs to be done before engaging in any investment, because some coins are shit coins. Do ypur proper research and invest into a good coin.
That is the basic rule I follow, investing does not mean easy money, the out still be depending on us, so we might also lose when investing. In order for us to continue our life, we need to invest what we can afford only so we can still find another investment opportunity once we fail in crypto.
My take on investing into crypto, is to invest only what you can afford to loose. Whoever wants to succeed in crypto will not allow himself to be driven by greed into investing into just any coin. Careful analysis needs to be done before engaging in any investment, because some coins are shit coins. Do ypur proper research and invest into a good coin.
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
it would be very risky we take a loan at the bank and put it all in crypto. it looks like you have great confidence with the coins you invest. if your prediction is right this will make you a rich person. hopefully your plan will go well. 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
Your post just sounds like you are trying to convince people to invest on coins that you have invested on. More like an advertisement.
Anyways, what you are saying is quite natural. When you see that the price of the coins are going up, you will then regret for not investing more than you have. This is something you should try to fight though. Else you will end up with huge loss.
Anyways, what you are saying is quite natural. When you see that the price of the coins are going up, you will then regret for not investing more than you have. This is something you should try to fight though. Else you will end up with huge loss.
that could be true. I can't remember the last time I saw someone saying they want to take a bank loan to buy more crypto.
Generally people take a loan for tangible assets. 
Your post just sounds like you are trying to convince people to invest on coins that you have invested on. More like an advertisement.
Anyways, what you are saying is quite natural. When you see that the price of the coins are going up, you will then regret for not investing more than you have. This is something you should try to fight though. Else you will end up with huge loss.
Anyways, what you are saying is quite natural. When you see that the price of the coins are going up, you will then regret for not investing more than you have. This is something you should try to fight though. Else you will end up with huge loss.
Be wise and careful on every step you make, most especially on investing, but you have a good idea on investing different kinds of coins, however we cannot assure that those choices of coins you invested are having a good future of price, because if one or more of those coins would dump their price I'm sure you got losing your capital being invested.
We have to stop it and we have to give solutions and advice to our greedy relatives, if we want to invest in Bitcoin, do not get loans for goals or things that are not good, but other reasons because cryptocurrency is unstable and we can not predict what will occur. Although, it may be possible for us to achieve its goals from the other side it may not happen that we expect.
I think you should only invest what you can afford to loose. If things go south and that you lose half your loan, you'll have to pay back the money you don't have anymore with interest. Doesn't sound good to me.
An amount that you can afford to lose should not come from a loan. The risk is too high, investing here does not guarantee profit so you have to learn to save first in order to have the capital to invest.
Success here is not instant, we need to build that patience and wait until you are capable, don't worry crypto will stay and it will never be too late.
I think you should only invest what you can afford to loose. If things go south and that you lose half your loan, you'll have to pay back the money you don't have anymore with interest. Doesn't sound good to me.
Greed is the biggest enemy of any crypto investor and if you are greedy you will find yourself losing more money in the market than you are making. What you should do as an investor to curb greed is to always place a price mark on your coins when you buy them so that once it gets to that price you can sell your coins easier without getting greedy and expecting the price to go up farther.
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
Sometimes I used to feel that awful thirst/hunger feeling, but fortunately, I can control myself now. I think every trader should know when to stop to avoid big economical disasters.
Yes every trader should know that and economical disasters involved through panic selling which could make the market value fall on a certain coins. We should learn controlling our fears and emotions before your assets be wasted because of greediness. Think for a better future and don't just think by your own but for the entire crypto community you can help, so it will do an equality for you in the future as you will be benefited by your good decisions.
getting a loan from the bank just for trade is not a good choice.
you should have heard something like this before right ? play everything that you can afford to lose.
that means cryptocurrency is not an asset that has a steady value,it can go up for more than 100% in a few days it also can go down for more than 100% in a few days.
always use your free money instead of those loan,because if something goes wrong you can hold it for a while.
but if you are using a money from your loan and the price goes down significantly ? and the date for you to pay the loan come in ?
you will sell it cheaply compared to before and even you need to sell some of your assets to cover it up,so it's not recommended to do such a thing.
indeed right now everything is showing a good sign.
but it does not mean we can take this kind of action,because it could harm our life and our future.
take it easy,we still have a lot of time
you should have heard something like this before right ? play everything that you can afford to lose.
that means cryptocurrency is not an asset that has a steady value,it can go up for more than 100% in a few days it also can go down for more than 100% in a few days.
always use your free money instead of those loan,because if something goes wrong you can hold it for a while.
but if you are using a money from your loan and the price goes down significantly ? and the date for you to pay the loan come in ?
you will sell it cheaply compared to before and even you need to sell some of your assets to cover it up,so it's not recommended to do such a thing.
indeed right now everything is showing a good sign.
but it does not mean we can take this kind of action,because it could harm our life and our future.
take it easy,we still have a lot of time
I totally agree with your opinion. Better to invest safely.
Always do.
As long as there is something left with the budget then the urge comes in to buy again.
Never an issue to me as long as it is a legitimate coin.
I am thiniing mostly users of crypto have the same feeling specially when the coin you target is cheap. You want to add more thinking for a larger profit in the future. Well, you are also an addition to the pump afterwards.
As long as there is something left with the budget then the urge comes in to buy again.
Never an issue to me as long as it is a legitimate coin.
I am thiniing mostly users of crypto have the same feeling specially when the coin you target is cheap. You want to add more thinking for a larger profit in the future. Well, you are also an addition to the pump afterwards.
Many begin to trade cryptocurrencies because they want to make a large amount of money with a small initial investment. In the cryptocurrency market, where volatility can exceed more than 25% in a single day, this can often be one of the primary drivers to bring new traders into the market. What is not always immediately obvious to these traders is that they also face the very real risk of losing money.
It was very risky, and you are too bold to borrow that kind of money to the bank. I feel that the current market price for the prediction very difficult. The price moves up and down very fast, sometimes there is a price to fall and has no value.
Greed and FOMO are two of the hardest things to control when trading crypto I think. But it's important to focus on quality over quantity.
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
Sometimes I used to feel that awful thirst/hunger feeling, but fortunately, I can control myself now. I think every trader should know when to stop to avoid big economical disasters.
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.
Basically Crypto is nt overnight riches it is technology driven development in decentralized environment so we need to wait for profits in patience manner
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