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Question: How are you feeling?
Greedy
Fearful
Calm

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Author Topic: Greedy, Fearful, Calm  (Read 1481 times)
notme
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April 12, 2013, 12:09:01 AM
 #1

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

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Kazu
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April 12, 2013, 12:09:44 AM
 #2

Since when was I not feeling Greedy?

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April 12, 2013, 12:10:59 AM
 #3

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".
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April 12, 2013, 12:13:18 AM
 #4

Letting the price of bitcoins affect your emotions is the best way to give yourself a heart attack.

http://www.bitpools.com
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April 12, 2013, 12:13:55 AM
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Letting the price of bitcoins affect your emotions is the best way to give yourself a heart attack.

I know from experience.

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April 12, 2013, 12:14:34 AM
 #6

I'm calm, but likely due mostly to the dextromethorphan

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April 12, 2013, 12:20:13 AM
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I'm calm, but likely due mostly to the dextromethorphan

how many mg?
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April 12, 2013, 12:23:52 AM
 #8

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.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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April 12, 2013, 12:28:46 AM
 #9

Anyone that denies being greedy is a liar. Want to prove otherwise? Then send me your BTC!
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April 12, 2013, 12:33:53 AM
 #10

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
notme
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April 12, 2013, 12:36:32 AM
 #11

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.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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April 12, 2013, 12:37:40 AM
 #12

all of the above

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
notme
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April 12, 2013, 01:37:59 AM
 #13

all of the above

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

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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coldguy
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April 12, 2013, 01:52:31 AM
 #14

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.
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April 12, 2013, 01:56:33 AM
 #15

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...
Zaih
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April 12, 2013, 02:20:43 AM
 #16

I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  Roll Eyes
Wuji
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April 12, 2013, 02:22:27 AM
 #17

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.
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April 12, 2013, 02:24:34 AM
 #18

Sooo... greedy  Grin ^^^
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April 12, 2013, 02:29:02 AM
 #19

I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  Roll Eyes

You got it in the wrong order.
Zaih
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April 12, 2013, 03:15:00 AM
 #20

I was greedy, then fearful, and I'm now calm. Iv'e accepted the fact I'm fucked  Roll Eyes

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
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