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Author Topic: Greed and crypto !!  (Read 5122 times)
popotao91
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July 11, 2018, 06:32:46 AM
 #361

When you are engaged in trading, the most important rule - do not be greedy. It is better to help out 10-30 percent of profit than to be greedy, waiting for a large course and eventually go into minus
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godspree
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July 11, 2018, 06:39:03 AM
 #362

I don't think that it is really smart to take a loan to invest in crypto. The desire to earn profit is natural and investing in crypto is such an opportunity, but it is necessary to stay calm and think clearly before investing. Otherwise, the consequences can be really sad.
trisdivergent1201
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July 11, 2018, 08:47:09 AM
 #363

As we all know, greed is a very bad feeling, but it is very often inherent in rich people who are rich not by their own right but by inheritance, it happens, so it happens that people by nature are very greedy, when greed in measure, this is good, but in crypto-currencies this is very fatal.
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July 11, 2018, 08:47:45 AM
 #364

In the crypto industry, people are mostly driven by greed! After all, we are all here for the sake of earnings, and everyone has their own greed! I doubt that someone will give up x10-x100!
monmoni
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July 11, 2018, 09:19:02 AM
 #365

You are taking a huge and risky decision to make a loan in a bank, the market could go anywhere and its hard to predict them. Just trade what you have now and do not take loan.
lorylore
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July 11, 2018, 09:36:31 AM
 #366

The more the urge of greed we have, the more we want to invest in crypto. But there is no limit of greed, so we must choose wisely of what to invest.
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July 11, 2018, 09:42:20 AM
Last edit: November 14, 2018, 11:17:55 AM by aotlunla
 #367

I am absolutely sure that greed is not the best advisor in trading cryptocurrency. I think it is absolutely insane to take loan to buy crypto. Such strategy can lead you to being absolutely bankrupt...

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July 11, 2018, 10:09:26 AM
 #368

we need to control our greed so it will not make us getting lost in the trading. I think we are facing this experience in our daily trade and some of us having a problem to solve this. but if we still continue to try to control the greed, I am sure that someday, we can be able to control our greed with easily. we only need to take the profit and don't even think of trying to get bigger profit if the situations are not good. before we want to take a bigger profit, we should analyze deeper about what will happen later and if we think that we can make a bigger profit then we can continue and if it's not then it is better to take the profit before it's too late.

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tondenga2122
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July 11, 2018, 10:18:02 AM
 #369

If you have any other source income to recover that amount of money if incase you get loss, that is no bad idea. The price of crypto now is currently in the bottom, and can be just in a few month possible to make profit 2 or 3 times more. And when you make it withdraw the initial fund and return to the bank. But you should be have any idea incase the price is not going up, you should have second plan if that your plan failed.

Never use any money that you can afford to lose. If only you get profit you can pay your loan back and start invest again.
But why if you lose all your money and also lose all the money that you loan ?? I'm sure you'll be stressed out thinking how to pay it back.
MoeKaloolon
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July 11, 2018, 12:09:57 PM
 #370

It's in the human nature to be greedy. It works for some people, while it doesn't work for some others. I feel the urge to want to invest more, most especially when the prices drop. I see it as an opportunity to get the coins at a cheaper rare. I would only advise that you thread carefully, and not put in money that you cannot afford to lose.
billbear
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July 11, 2018, 02:27:30 PM
 #371

 I suppose the greed is one of the main enemies of every cryptocurrency investor. But you are speaking here about different greed, it's not about taking more profit, it's just about holding or having more of cryptocurrencies.
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July 11, 2018, 02:31:41 PM
 #372

Greed is our main problem, everyone wants to earn a lot and quickly, but it's not so easy with the crypt, you do not have to chase after one coin and throw it into it, it can burn and you will lose everything, do everything wisely

yes) greed and excitement
But you gain experience on your own mistakes
and the next time you will already "fix" the profit, and in time to sell or buy.

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Pumuckel21
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July 11, 2018, 02:36:08 PM
 #373

Yeah around december greed was all over the market. Nearly all cryptocurrencies went up cause the people got to greed and were afraid of missing out

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kidamazo
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July 11, 2018, 03:06:09 PM
 #374

I am experiencing something similar because I am holding right now and 105 different tokens on my wallet,  but I am feeling jealous for those who have the top ones while I have only shit from airdrops and bounties.
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July 11, 2018, 07:08:51 PM
 #375

Just going for all coins for the sake of thirst for buying coins, without proper research is not a good idea. Try to research before buying. Focus on good coins and not too many of them. If you have too many of the. You might not be able to do proper follow up of those coins.
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July 11, 2018, 07:14:15 PM
 #376

I had such thoughts last year, but I did not! We need to keep calm and stay away from greed, because in a crypto currency can descend to cosmic depths and what seems like a bottom can actually turn out to be one of the vertices!
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July 11, 2018, 07:17:42 PM
 #377

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.
Friend, no! Shocked Don't ever do that. Maybe you were warned, but it was too late. What you're describing is a serious problem and it's excitement. That's what makes people lose houses and cars at the casino. You need to solve this problem.
All! Never spend more money on the crypt than you are willing to lose.

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July 12, 2018, 09:37:30 AM
 #378

I'm not very greedy in the field of crypto currency. But now there is a situation that I buy the Altcoins every month. I really like the price of coins. Kiss
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July 12, 2018, 12:02:21 PM
 #379

I agree, there is a lot of greed here in crypto, we all need more free coins and want them to rise in price all the time, some times we loose a lot of money due to greed but this is just human nature.
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July 12, 2018, 12:05:41 PM
 #380

I think that very few people understand what is really happening in the market and therefore can not properly assess what is happening. It's not greed, it's just not understanding what is happening.
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