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Author Topic: Greed and crypto !!  (Read 5122 times)
BravO_o
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November 17, 2018, 04:41:53 PM
 #661

This is by the way almost the first rule of working in cryptocurrency. Especially in crypto trading. If you get greedy, you'll always lose your money. Or you will not be able to save earned
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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November 17, 2018, 04:59:22 PM
 #662

Greed is like two edged sword, it is good and it can be bad as well. Let your greed lead you to discovery, commitment and persistence instead of pervasive desire for gain at whatever cost!

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November 17, 2018, 05:01:51 PM
 #663

These are very related concepts, which today are still correctly understood by people. And to a greater degree I would say that precisely such concepts as greed very often really should move the market and prices up and not down.
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November 17, 2018, 06:23:52 PM
 #664

of all the things you said, I won't encourage you to borrow or take a loan to invest in the crypto currency, the space is so volatility and you should only invest what you are willing to lose.

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November 17, 2018, 06:40:17 PM
 #665

of all the things you said, I won't encourage you to borrow or take a loan to invest in the crypto currency, the space is so volatility and you should only invest what you are willing to lose.
crypto is still very risky so don't take risks with things that aren't entirely yours, it's better to invest a little but it's yours so that you will invest more calmly so that not disturbing your focus because panic can lead you to destruction.
getting rich here is not only a matter of big capital but also of your intelligence. so investing a little can make you rich.

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November 19, 2018, 02:47:04 PM
 #666

To be greedy, in my opinion, it is not necessary in day trading. If you place orders with a difference of buying and selling of five percent, then you lose both credit money and morzhalnye loans. To be content with one percent of income or even half a percent of the income between buying and selling, then there will be significantly less bankrupts.
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November 19, 2018, 02:50:47 PM
 #667

Greed is the easiest way to make your down fall in the business of crypto the very moment you harbour greed in every transaction you make and every step you make then soonest it will be your down fall,so leave the greed and focus on the business accept what ever it is you can make at that time
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November 19, 2018, 05:01:22 PM
 #668

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

You HAVE to choose and concentrate on several coins otherwise your greed and spreading to the numerous crypto will ruin everything you've got...I would recommend you to buy only in case you are absolutely sure of the coin and its potential future.

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owlman
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November 19, 2018, 05:12:48 PM
 #669

Partly, it’s good that you want to accumulate as many coins as possible in the falling market, because in the future the cryptocurrency market will recover and you can make a profit, but, as you know, you need to invest money that you are not afraid to lose, because nobody knows when the trend will change and prices will rise. The main thing is that you do not take credit.

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November 19, 2018, 05:45:52 PM
 #670

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
I just hope you did not actually take the loan because if you did,by now i can't say how you will be feeling.We need to be careful and not be greedy if you not ready to live your life regretting your action.
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November 19, 2018, 06:03:06 PM
 #671

Greed can ruin things in any field. In crypto, as a rule, because of greed, you either lose money because you did not sell it on time, or you lose money when you sold it too early. Predicting the growth of coins is extremely difficult, so always think about the risk that you expose yourself and your assets with a long wait. Sometimes it's better to sell sooner than later.

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November 19, 2018, 07:12:58 PM
 #672

You would never have enough coins, but you should check every single coin that you will add to your portfolio, because it does not matter how much coins you have, it only matters how much benefit they will bring in the future.
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November 20, 2018, 11:33:51 AM
 #673

It is important for everyone to achieve goals in their life. But if you become greedy in crypto then it affects oppositely, means you can lose money instead of earning. That's why it is important to set limits and time to achieve your goals.

When I first joined the cryptocurrency I also thought about taking a bank loan to buy more coins. But then I realized that this is not a good idea because the cryptocurrency is too unstable.
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November 20, 2018, 11:50:47 AM
 #674

It is important for everyone to achieve goals in their life. But if you become greedy in crypto then it affects oppositely, means you can lose money instead of earning. That's why it is important to set limits and time to achieve your goals.

When I first joined the cryptocurrency I also thought about taking a bank loan to buy more coins. But then I realized that this is not a good idea because the cryptocurrency is too unstable.
We cannot avoid those people to be greedy especially when its about the money. Since we have different goals in life and status in life, some of us become greedy because of the  alue of crypto while some of us are enough what they can get. I think greedy people cause not good in crypto because they more eager to get a lot even they have a lot of it, especially thise cryptocurrency that have potential.

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November 20, 2018, 11:56:24 AM
 #675

I understand you very well, it is very difficult to restrain the desire to buy new coins when their price is constantly falling. But be sensible, that you will be able to capitalize on the growth of cryptocurrencies, it's no doubt. But downtrend can be delayed for a year or two, and you will need to pay now. I'm not trying to talk you out of it, I just want you to think it through.

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November 20, 2018, 12:00:15 PM
 #676

Based on what is written in the first post of this topic, you can understand how destructive greed. Never use borrowed money when buying cryptocurrencies, it can result in your complete financial collapse.

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November 21, 2018, 08:38:10 AM
 #677

Greed has become one of those factors that have killed many investors and traders. In each case, you need to make decisions without haste and greed. Only a thorough and objective analysis of the project will allow you to make the right and successful decisions to generate income.
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November 21, 2018, 09:48:29 AM
 #678

I myself became addicted to having many crypto currencies. I want to invest as much crypto currency as possible. If I have large capital, I will buy a lot of potential crypto currencies. I'm sure investment in crypto currencies has nothing to lose, all of them only require extraordinary patience. Maybe I am a greedy person because I want to have a large investment in crypto currencies. I want to transfer all of my savings to crypto currencies. However, it is not good for us to have very big ambitions. Even though we want to have a lot of crypto currencies but I don't agree if I have to borrow money at the bank. The condition of the crypto currency that is still very volatile makes our income can not be expected in a fast time so it is very risky we cannot pay installments in the early months because the benefits obtained are uncertain.

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November 21, 2018, 09:57:27 AM
 #679

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
like you i want to invest all asset a have in crypto right now because all most of cryptocurrency right now is in 40% off, buy and hold for atleast a month and earn 5x profit, but always remember invest what you can afford to lose, taking risk is better than playing safe.

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November 21, 2018, 10:24:53 AM
 #680

In trading many investors are failed because of fear and greed both should be there but at right time if analysis is right than we should have greed when we are not confident is then fear must be there
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