Topic: Greed and crypto !! - page 6. (Read 5182 times)
These are very related concepts, which today are still correctly understood by people. And to a greater degree I would say that precisely such concepts as greed very often really should move the market and prices up and not down.
Greed is like two edged sword, it is good and it can be bad as well. Let your greed lead you to discovery, commitment and persistence instead of pervasive desire for gain at whatever cost!
This is by the way almost the first rule of working in cryptocurrency. Especially in crypto trading. If you get greedy, you'll always lose your money. Or you will not be able to save earned
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 have a lot of coins, many of them are worth only $ 100, and some are worth nothing at all. It's cluttering up your wallet. Of course you want to buy more coins that can begin to grow. Here you always want to have as much as possible in your wallet! 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 is important for everyone to achieve goals in their life. But if you become greedy in crypto then it affects oppositely, means you can lose money instead of earning. That's why it is important to set limits and time to achieve your goals.
We need many coins to achieve our goals but I would never take a loan for it. It is very risky as crypto is volatile
and it can go to near to zero. Golden rule is: invest only you can afford to lose. (if you do not want to become homeless)
and it can go to near to zero. Golden rule is: invest only you can afford to lose. (if you do not want to become homeless)
I remember at the very beginning of my career as a crypto enthusiast I thought that I should buy everything and have a very wide portfolio, in the end it turned out that I was from a part of the rights.
I also think that it is better to buy a little bit of a lot of different coins than to invest all your money in one coin. If you do not guess the project, you will lose your money.
Greed is canker worm that has eaten deep into the fabrics of traders who don't use money management method.This set of greedy traders don't have a specific exit pojnt, meaning once they see a resistance price level has been broken,they stay there thinking the price will keep on going upward.Sometimes ,the price will fall to the extent of liqudating their capital.
Greedy traders have no trading plan they develop let alone using one.For example ,profeessional traders have entry and exit price level,and once the price reaches their set target they exit the market.Some traders using a very high leverage got their fund liquidated as result of their greediness.To make the matter worse,they dont research to see the reason a coin is moving upward .
Greedy traders have no trading plan they develop let alone using one.For example ,profeessional traders have entry and exit price level,and once the price reaches their set target they exit the market.Some traders using a very high leverage got their fund liquidated as result of their greediness.To make the matter worse,they dont research to see the reason a coin is moving upward .
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
Previously, I also thought that the more coins in my portfolio - the better. But this is not entirely correct. The market shows us which coins will grow more likely and which will not grow at all. We must learn to understand the market and predict the growth of certain coins.
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
Previously, I also thought that the more coins in my portfolio - the better. But this is not entirely correct. The market shows us which coins will grow more likely and which will not grow at all. We must learn to understand the market and predict the growth of certain coins.
Of course, greed becomes a serious threat to the success of the crypto market. You always need to know the measure - invest only the money that you can lose. In any case, you do not need to invest all your money in cryptocurrencies. And in no case do you need to take loans for this, as some do now.
I always have a feeling that I do something wrong with my investments and I doubt every time when I pick coins. So I think it will be always like that.
Most investors plan to invest more and more money in various cryptocurrencies to generate income. After all, this is a truly unique opportunity to generate income. But greed does interfere with successful business; you need to be careful and attentive to get a stable income.
i do not have never quite altcoin once you start to accumulate is difficult to stop even if in reality there would be enough have only a few but of great value
The crypto market has an extraordinary appeal that can make people want to invest. But many people invest in unwise ways that make a lot of money lost. You must be careful because Crypto has risks. You must be able to invest wisely by doing research first before you make an investment.
No, no and no again! Don't do this, just think about what you do nothing will happen and you'll be left with a loan and without cryptocurrency. This is the most risky investment one can imagine. Just invest $ 100 in a good month in the projects and see what will happen next year, made a profit, great, if you lose, the amount is not that big, she can donate.
There are so many stories in the world when people started playing for borrowed money and lost a lot. On the one hand, this is convenient if you have nothing to lose, in the opposite case you will ruin your life and your loved ones.
Greed is full of human life, but this is not shameful. It is necessary to know that the emergence of money is that people work hard for one purpose, so that the progress of human civilization is fast. Until now, humans are likely to disappear at any time, such as asteroid impact. Greed for cryptocurrency is very normal, but you have to choose the right one. If you invest in a bad coin you will lose money.
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
Never take a loan! Nobody can foresee how long this bear market will last.
You'll be in trouble if BTC starts to go further south - below $6,000 level.
Everything paired with BTC will also go down.
Rule #1 in crypto is to invest only what you can afford to lose.
Perhaps this is not greed, but most likely just a necessity, because there is no certainty that they will all be able to rise!
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