Topic: Is crypto investors are dumb and Greedy?? (Read 254 times)
We should admit it that almost all of us here are greedy, we don't care with the feeling of some people here, what we just cared is our investment and if we find opportunity to withdraw our funds then we will withdraw it without considering the feelings of some investor, sad but truth.
Some had a very specific purpose. Filecoin aims to create a kind of decentralized Dropbox. Informing the network that you have this crypto currency, you can store the encrypted data on someone's computer
Nah, it's actually one way of testing the waters or seeing what would be the whole market's reaction on a certain type of event i.e. positive or negative. I've seen many not-so-relevant news causing a huge drop/rise in price and more important ones managing to create only a small ripple in the water. Then again, these news affect only a few investors at first, only to be followed by other traders/investors causing a domino effect if they deem that there would be a huge market movement or not. This isn't dumbness or greediness, this is how the market works in reality.
Yes even lots of people just following fud in that whales are getting benefited from all these bad news . Because they start spread rumour and immediately they sell their huge holding . By seeing the price fall small traders also starts to sell . Once these whales reached the target again they start to buy Huge.
for you to succed in crypto you have to be a little greedy,and not dumb but sometimes whales will push you to become dump
We call stupid,dumb and greedy cryptocurrency investors are the one who are newbie to investment thingy or those who are inexperience of investing other form investment like real estate or stock market. Although the market of cryptocurrency is volatile but if you have a good mindset and don't get affected of fake news and FUD then you are in a great advantage for a greater profit and high rewards.
I have seen recent some fudds and market reaction . Even normal FUD or Fake news also makingHuge Bearish trend in Marketcap . Recent South Korea , India Regulation Fud complete fake news made lots of impact so that market reached 700 Billion to 500 Billion. Yesterdays Binance Fud (Fake News)again Reduced 100 Billion . Whats happening everyone are becoming too greedy so that they cant even check for actual fact .
Do you think people will bother to verify a FUD? When they see some, in any form, their reflexes pushes them to take advantage of the situation. They'll sell immediately in order to cause some decline and buy again when the price gets cheaper. They are not dumb, they are smart (this only applies to those who are).
all of us people are greedy 
If you put it that way, yeah. I suppose.
I don't see them as greedy and stupid, they might just be protecting their assets. They just be playing it safe and carefully by cutting loses, it's a way of protecting your assets, right? People are just afraid of losing everything they invested, thus, they cut potential loses.
But on the other side, if they have just learned from a lot of lessons not top panic, then they can contribute to the stability of their coin.
The should realize that there are many others that just spread FUD.
But on the other side, if they have just learned from a lot of lessons not top panic, then they can contribute to the stability of their coin.
The should realize that there are many others that just spread FUD.
I think all people joining economy works are greedy. Even workers. Everyone seeks best profits its common thing. But your other assumption is wrong cryptocurrency investors are mostly wise..
all of us people are greedy
People are afraid of losing everything they have invested in Bitcoin. I have learned not to panic and that's why yesterday's news didn't bother me. I'm quite surprised that so many people sold. Fortunately Bitcoin price stabilized at around 10 thousand dollars. Hopefully Bitcoin will recover in the next few days after everything turns out to be okay. People still haven't learned that someone is spreading massive FUD over Bitcoin.
I have seen recent some fudds and market reaction . Even normal FUD or Fake news also makingHuge Bearish trend in Marketcap . Recent South Korea , India Regulation Fud complete fake news made lots of impact so that market reached 700 Billion to 500 Billion. Yesterdays Binance Fud (Fake News)again Reduced 100 Billion . Whats happening everyone are becoming too greedy so that they cant even check for actual fact .
The "love" of the encrypted currency and the "love" of the market are many characteristics shared by many investors, but "love" turns out to be "greedy." So let it go when you let it go.
Every investor is greedy, if not they are doing it wrong. But stupid investors is another story. I agree that there is a ton of fake, or at least very misleading reporting on cryptos. My recent favorite is when I read about George Soros saying it was a bubble. He also said that he didnt know anything about bitcoin! How can you possibly know if it is a bubble if you don't know what it is! I might say that Amazon is massively over priced at a p/e ratio of ~330(!), but there are so many reasons that it might be this high. It is stupid to buy stocks based on just a single metric like p/e, and it is stupid to make investment decisions based on FUD news stories.
I have seen recent some fudds and market reaction . Even normal FUD or Fake news also makingHuge Bearish trend in Marketcap . Recent South Korea , India Regulation Fud complete fake news made lots of impact so that market reached 700 Billion to 500 Billion. Yesterdays Binance Fud (Fake News)again Reduced 100 Billion . Whats happening everyone are becoming too greedy so that they cant even check for actual fact .
LOL I don't even know what the Binance FUD was, I never heard it...
and please stop looking at and reporting market cap, it is meaningless numbers you are posting here. it doesn't show anything when it goes up and down it is partly coincidence that it happens with price drops and partly because of the price drop itself.
you see market cap can easily go up and down. for example whenever they create a new bitcoin fork they usually start at somewhere around $1000 and that means market cap increases by $16,800,000,000 ($16.8 billion dollar) in a blinking of an eye. and then as that useless forkcoin gets dumped lets say to $10 which is the common bottom of these shitcoins, market cap loses as much and goes down to $168 million.
https://www.reddit.com/r/helloicon/comments/82p8fo/binance_accounts_got_hacked/
I don't think "greedy" should be the exact term. Maybe, impatient, highly-reactive or easily-fooled-by-fake-news will do. Because of them, the "sale" is being extended.
Mostly investors are thinking about their safety and security, that's why they are something greedy or selfish. In real life of business, once a certain investors invested their capital, they are looking forward for the good future income, and mostly in crypto business, all investors are very observant by always watching some good news and bad news about cryptocurrency business, because they are afraid to lost their capital. However, not totally all news are true, because some people are only invented fake news to attract public viewers.
I have seen recent some fudds and market reaction . Even normal FUD or Fake news also makingHuge Bearish trend in Marketcap . Recent South Korea , India Regulation Fud complete fake news made lots of impact so that market reached 700 Billion to 500 Billion. Yesterdays Binance Fud (Fake News)again Reduced 100 Billion . Whats happening everyone are becoming too greedy so that they cant even check for actual fact .
LOL I don't even know what the Binance FUD was, I never heard it...
and please stop looking at and reporting market cap, it is meaningless numbers you are posting here. it doesn't show anything when it goes up and down it is partly coincidence that it happens with price drops and partly because of the price drop itself.
you see market cap can easily go up and down. for example whenever they create a new bitcoin fork they usually start at somewhere around $1000 and that means market cap increases by $16,800,000,000 ($16.8 billion dollar) in a blinking of an eye. and then as that useless forkcoin gets dumped lets say to $10 which is the common bottom of these shitcoins, market cap loses as much and goes down to $168 million.
So, uh, following recent developments and making decisions based off them is somehow greedy? I mean, sure you're dumb if you fall for fake news, but some things like the Binance shenanigans did happen, and therefore cannot be written off as mere FUD. I say mere because news tend to be overblown into legitimate FUD territory.
These might not even be panic sells. When bad news of enough magnitude breaks, you can pretty much expect Bitcoin price to drop. Some people could simply be taking advantage of the trends and expectations by selling high in anticipation of a drop, then buying the dip. If you're HODLing for the long term, these price movements shouldn't bother you.
These might not even be panic sells. When bad news of enough magnitude breaks, you can pretty much expect Bitcoin price to drop. Some people could simply be taking advantage of the trends and expectations by selling high in anticipation of a drop, then buying the dip. If you're HODLing for the long term, these price movements shouldn't bother you.
no investor is Dumb and Greedy - they take calculative risks to gain on any investment, I guess you are mentioning some stupid people who bet their money on anything just for some rumors of high gain (scams) and starts crying when they see a dip or loss. those people are not investors, those are just some everyday stupid and greedy people.
I don't think they are all greedy and stupid, Cryptocurrency is a highly speculative asset maybe they just playing it carefully by cutting the losses. We all know the recent government regulation could also be affected the price. And also the $10k support line is broken so another leg down to the next support is expected.
Yes, I do not think it is greedy. They are under a lot of risk and pressure behind the benefits of investing. Everyone has the desire to make money, they take a different path, as long as it is not illegal, they are deserved. For folly, everyone will make a mistake when it does not mean that person is stupid.
Bitcoin's price will never be stabilize as it is running on a decentralized system where governance does not exist, no regulation and laws applied. I think people and investors are just playing it safe because the spike from last year is expected to have a downfall afterwards which happened earlier this year. Don't worry the price will rise i think in the 2nd quarter of the year.
Many people invested to get rich over night knowing nothing about bitcoin and cryptocurrincies hence yes most people are greedy.
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