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Author Topic: Is crypto investors are dumb and Greedy??  (Read 211 times)
redsuncrypto
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March 08, 2018, 08:02:22 AM
 #21

all of us people are greedy Grin Grin Grin
followmenot
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March 08, 2018, 08:07:55 AM
 #22

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..

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raniadaling
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March 08, 2018, 08:13:46 AM
 #23

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.
skorupi17
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March 08, 2018, 08:19:35 AM
 #24

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 Grin Grin Grin

If you put it that way, yeah. I suppose.
yugyug
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March 08, 2018, 09:25:18 AM
 #25

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.
Rainmaker45
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March 08, 2018, 09:37:01 AM
 #26

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
dothebeats
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March 08, 2018, 03:07:05 PM
 #27

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.
Nikolaiy
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March 24, 2018, 06:06:36 PM
 #28

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
Edraket31
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March 24, 2018, 06:09:16 PM
 #29

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.

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