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Author Topic: Greed and crypto !!  (Read 5135 times)
NORD YGGDRASIL
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October 22, 2018, 03:46:17 PM
 #561

Greed and cryptocurrencies are two concepts that are not interrelated. Greed is good only if you bought Bitcoin five years ago when it cost 100$ and still do not want to sell your Bitcoins.
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October 22, 2018, 04:00:25 PM
 #562

Don't try to collect loan to buy crypto it's too risky crypto is too volatile to risk collecting loan to buy it. What if you couldn't make 2x or 3x you want to use to pay back only put what you can afford to lose my 2 satoshi for you.

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October 22, 2018, 04:27:38 PM
 #563

So if you haven't changed your plan, I feel that you should lose a lot of money now. I have been trying to persuade my friends not to lend money to invest in coins.

I hope he didn't take a loan from the bank to invest into cryptocurrency. If he did, it would be very very bad for him now.
No one can predict the future, maybe the market will stay at this price for a few years.
I just invest by my saving money only, the money that will not impact to my life even if I lose it, so I can hold my coins for a long time
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October 22, 2018, 04:32:47 PM
 #564

Greed on the one hand today is the engine of the market, on the other hand the market today is very fragile and it is greed today that can ruin your deposit, so I’ll just say that now it's best to be patient.
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October 22, 2018, 04:43:56 PM
 #565

I think almost every person's has do the same like you doing. I take loan too from my sister for investing in crypto, already bought ETH in August and hope in the end of december ETH will bounce back more than 400$.
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October 22, 2018, 05:55:18 PM
 #566

My greed only different is I wanted to get a larger earnings in a short time and because of that, I bought a top for this I'm sorry
Tarion
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October 22, 2018, 06:12:09 PM
 #567

All coins that you bought are great. I would recommend to look at ZRX and NEO. They both are very perspective and will moon, when the market recovers. If I am not mistaking ZRX is the first coin that was added to Coinbase.
KofiAdepa
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October 22, 2018, 06:43:50 PM
 #568

Well that is a nice idea but have you thought of things not going as you planned, what will you do?. That is why its not advisable to go for loan into crypto due to it volatile nature but  invest the amount you could lose should things go wrong.

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October 22, 2018, 06:50:25 PM
 #569

Actually, when you buy a lot of coins, one of them most possibly will make a profit and cover losses on the other coins. But you should not take unnecessary risks, buy cheap coins only.
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October 22, 2018, 06:54:55 PM
 #570

Actually, when you buy a lot of coins, one of them most possibly will make a profit and cover losses on the other coins. But you should not take unnecessary risks, buy cheap coins only.
The profit that is received on most coin eliminate greed if they cash the money out. If they don't move on then they will feel greedy with their investments.

 
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October 22, 2018, 07:01:59 PM
 #571

I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

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.

Positive and negative comments are all welcome in this thread. Thanks
Your plan sounded nice but I hope you didn't take that 50k loan - all coins have sharply dropped, and nobody knows when these x2-3 could take place (but you still have to pay a monthly bank interest, right?). I suppose no sudden and quick movements should be done now, unless you are 100% sure that this or that coin will be sold several time more comparing to its original price.

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October 22, 2018, 07:08:17 PM
 #572

Yes, especially when I go into the negative I want to buy and buy coins , and because of this, I often went into the negative, so now I'm more studying trading indicators

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October 22, 2018, 07:14:04 PM
 #573

Greed is a huge problem for anyone. To buy cryptocurrency you need to be very careful. You can't live in dreams.

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djgtr
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October 22, 2018, 07:19:22 PM
 #574

So if you haven't changed your plan, I feel that you should lose a lot of money now. I have been trying to persuade my friends not to lend money to invest in coins.

I hope he didn't take a loan from the bank to invest into cryptocurrency. If he did, it would be very very bad for him now.
No one can predict the future, maybe the market will stay at this price for a few years.
I just invest by my saving money only, the money that will not impact to my life even if I lose it, so I can hold my coins for a long time
The market has no possibiloty to stay what is it right now but it keeps moving that is the only predictation that we might sure. To invest just lik in the stock market is a good example of gaining and at the same time we can do saving for the future purposes and to get along with more campaigns to come, they have said "stikes while the iron is hot". I guess I'm going through on it.
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October 22, 2018, 07:36:36 PM
 #575

Its not easy to say what will happen next. But what i really believe in my heart ; do not put an money which can bee needed near future. So my suggestion is do not use any loan money for investing in crypto. 

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October 22, 2018, 07:38:34 PM
 #576

Greed and Crypto are two inseparable parts of the same bunch. I know a friend who wanted to make up to $12000, after hitting $8000 already, He still regrets it for not cashing out at $8000 he couldn't even get $100 at the end of the day.
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October 22, 2018, 07:41:27 PM
 #577

Actually, when you buy a lot of coins, one of them most possibly will make a profit and cover losses on the other coins. But you should not take unnecessary risks, buy cheap coins only.
we don't need to be greedy in investing because it can be a cannon for ourselves. but actually every investment in crypto is risky including cheap or expensive coins. coins can actually be safer if they have large volumes too. but if I prefer cheap coins, I recommend choosing coins that already exist in the CMC, not only in 1 or 2 markets.
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October 22, 2018, 07:45:15 PM
 #578

Greed is like a panic, you turn off rational thinking and you easily make a mistake. Whatever happens, you should always follow your clear plan.

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manojpatelme
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October 22, 2018, 07:50:41 PM
 #579

I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.

Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?

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.

Positive and negative comments are all welcome in this thread. Thanks
Dude, first of all the hunger for crypto is good but don't risk your lifestyle for crypto. Taking loan for crypto investment is a very bad idea. Rather then investing more and more in crypto you should cashout some profits also. Accumulating is good when prise drops but for that a person should never go for loan, whatever you have after saving you can invest in crypto but not buy taking loan.
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October 22, 2018, 08:03:50 PM
 #580

I always feel that. I have some wan and ethereum now. But ı want to buy ontology zilliqa neo and etc etc.. Always i feel that i have to buy more and more..
That is really bad feeling. Because always i feel i need to buy more. and if i buy some of these tokens thats not enough for me always. i need more.
But we are thinking like that because we really know these tokens real value. and because of that we want to buy more and more. Maybe that is not because of our greed feelings.
Because of we have knowledge.

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