Bitcoin Forum

Economy => Speculation => Topic started by: notme on April 12, 2013, 12:09:01 AM



Title: Greedy, Fearful, Calm
Post by: notme on April 12, 2013, 12:09:01 AM
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.
-Warren Buffett


Title: Re: Greedy, Fearful, Calm
Post by: Kazu on April 12, 2013, 12:09:44 AM
Since when was I not feeling Greedy?


Title: Re: Greedy, Fearful, Calm
Post by: Chalkbot on April 12, 2013, 12:10:59 AM
Well, since I'm perfectly content to hold, I am excited to watch the fireworks tonight, although that wasn't an option so I chose "calm".


Title: Re: Greedy, Fearful, Calm
Post by: Elwar on April 12, 2013, 12:13:18 AM
Letting the price of bitcoins affect your emotions is the best way to give yourself a heart attack.


Title: Re: Greedy, Fearful, Calm
Post by: Krabby on April 12, 2013, 12:13:55 AM
Letting the price of bitcoins affect your emotions is the best way to give yourself a heart attack.

I know from experience.


Title: Re: Greedy, Fearful, Calm
Post by: Crypt_Current on April 12, 2013, 12:14:34 AM
I'm calm, but likely due mostly to the dextromethorphan


Title: Re: Greedy, Fearful, Calm
Post by: str4wm4n on April 12, 2013, 12:20:13 AM
I'm calm, but likely due mostly to the dextromethorphan

how many mg?


Title: Re: Greedy, Fearful, Calm
Post by: Qoheleth on April 12, 2013, 12:23:52 AM
Impatient.

A little worried, but I'm slowly getting better at insulating my sentiment from my trading decisions. I'll silence my worry on the way down, same as I (with one unfortunate exception) silenced my greed on the way up.


Title: Re: Greedy, Fearful, Calm
Post by: HappyBitCoinUser on April 12, 2013, 12:28:46 AM
Anyone that denies being greedy is a liar. Want to prove otherwise? Then send me your BTC!


Title: Re: Greedy, Fearful, Calm
Post by: Chalkbot on April 12, 2013, 12:33:53 AM
Anyone that denies being greedy is a liar. Want to prove otherwise? Then send me your BTC!

You forgot to put your address. /greed fail


Title: Re: Greedy, Fearful, Calm
Post by: notme on April 12, 2013, 12:36:32 AM
I'm calm now that I have a plan.  My deposit is on its way to MtGox for the first time in over a year and I'm dusting off the liquidity bot.  I may get washed out if the market picks a direction right away, but I have a feeling things will be volatile for a while.


Title: Re: Greedy, Fearful, Calm
Post by: jojo69 on April 12, 2013, 12:37:40 AM
all of the above


Title: Re: Greedy, Fearful, Calm
Post by: notme on April 12, 2013, 01:37:59 AM
all of the above

That's why I went with a bot... I get to be greedy and fearful in rapid succession.


Title: Re: Greedy, Fearful, Calm
Post by: coldguy on April 12, 2013, 01:52:31 AM
Yesterday I thought it was caused by the technical problem of mtgox. But today, even mtgox is online and functioning 100% well, I believe the most guys have lost their "interests", no matter long term or short term, to bitcoin.

Now the question is what is the equilibrium value from today?

Although I will hold my coins for a long long time, it is a pity that I purchased some of them at a high price. If I can wait till today I can decrease my cost dramatically. Anyway, life must go on, I have to do my work and wait for the prevailing of bitcoin.

Long live bitcoins, fiat go to hell.


Title: Re: Greedy, Fearful, Calm
Post by: MashRinx on April 12, 2013, 01:56:33 AM
Yesterday I thought it was caused by the technical problem of mtgox. But today, even mtgox is online and functioning 100% well, I believe the most guys have lost their "interests", no matter long term or short term, to bitcoin.

Now the question is what is the equilibrium value from today?

Although I will hold my coins for a long long time, it is a pity that I purchased some of them at a high price. If I can wait till today I can decrease my cost dramatically. Anyway, life must go on, I have to do my work and wait for the prevailing of bitcoin.

Long live bitcoins, fiat go to hell.

Some may have lost their current 'interests" as you say, but not many who have been around for more than 60 - 90 days.  BTC hit an all-time high not all that long ago, one that stood since mid 2011.  The people who have just discovered Bitcoin and chose to buy in on the hype and the get rich possibility alone may have, but there are a lot of people on this forum who do not fit that profile.

If BTC drops to $10, or even $5, I'm still just fine and willing to hang on for the long haul.  My plan all along...


Title: Re: Greedy, Fearful, Calm
Post by: Zaih on April 12, 2013, 02:20:43 AM
I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  ::)


Title: Re: Greedy, Fearful, Calm
Post by: Wuji on April 12, 2013, 02:22:27 AM
I'm hoping for the price to hit $10 I'm greedy as hell but, to be fair I also think that is best for Bitcoin as a currency.  I'd love it to stay $10-$20 for the next 6 months so I can keep pumping more money in for the long haul.


Title: Re: Greedy, Fearful, Calm
Post by: Zaih on April 12, 2013, 02:24:34 AM
Sooo... greedy  ;D ^^^


Title: Re: Greedy, Fearful, Calm
Post by: darkmule on April 12, 2013, 02:29:02 AM
I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  ::)

You got it in the wrong order.


Title: Re: Greedy, Fearful, Calm
Post by: Zaih on April 12, 2013, 03:15:00 AM
I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  ::)

You got it in the wrong order.

I was greedy, wanting to make easy money as it rose to $100. Was going to sell out at $100 but stayed in. Therefor I was greedy?

It then started crashing, got pretty fearful I'd end up losing money.

Then at the time I posted that, BTC had gone down like another 50% since Gox reopened, and I thought we were doomed. In acceptance I no longer cared and became calm.

Changed now thouh ;p


Title: Re: Greedy, Fearful, Calm
Post by: sunblaster on April 12, 2013, 03:25:28 AM
Calm as a pickle ;D