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Author Topic: Greed and crypto !!  (Read 5121 times)
adarwis
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April 28, 2018, 07:41:15 PM
 #41

My advice to you is not to be too greedy to take advantage, when the time comes, then you will benefit more than you imagine, that I think is a typical attitude of the average person, but we must remain patient. Do not take the risk to borrow money in the bank, for something you are not sure of yourself.
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April 28, 2018, 07:43:56 PM
 #42

Such an example resembles the decision to take a $50,000 loan to put on a zero in the casino. The probability of success is the same as the fact that the zero will fall out.
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April 28, 2018, 07:44:59 PM
 #43

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
Completely normal,greed is the nature of human that is why most of the people are creating launching their own ICO so that they can earn millions of dollars instantly without getting caught,we should be more vigillant as these people are evolving too,they wont stop from scamming a lot of people.It is really depends in people if they are going to get baited by these people.

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April 28, 2018, 07:45:16 PM
 #44

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.
I do not invest in each and every project but if any project that has an interesting project and a good team behind it then i would risk some money in it in the form of ETH and the most amount of money i ever invested is when ETH was coming up and the hype behind it made me to invest in it to make a fortune that i missed earlier to pick the coins at a cheap price and it was a good haul.
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April 28, 2018, 07:47:01 PM
 #45

Today the market again shows positive dynamics and in the case that bitcoin again began to grow, of course all the other altcoins are starting their new race, so I think that those people who are still sitting in the USDT are already entering the market and starting to earn their own millions, because the train can leave without you and in the end you will stay at this stop
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April 28, 2018, 08:29:02 PM
 #46

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 totally get you so I will not say you are an idiot (do not care if others do). I will say that the good time to buy is always during dips, which I try to do as much as I can when the market is red. But I suppose buying now is not such a big mistake either, since most of the coins you mentioned are still below their all time highs. Also, if you are a holder for years, then you need not worry. Just buy and accumulate and believe in your own decisions. Do not buy hype, buy what you believe.

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HadadC
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April 28, 2018, 08:32:41 PM
 #47

In crypto world , you can be always calm. You should have a target for yourself.If you reach your target,you should step back.Many people want more, than they live disappointments.

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BTCITA187
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April 28, 2018, 08:43:04 PM
 #48

For now actually I don't feel thirsty cause I felt the same on december when I bought some coins. Fortunately some of these coins was profitable even on a red market, but anyway You should be very careful with your thoughts. I can say that cause I had the same experience. Greed is not good especially when you're can be calm on the storm. Sometimes I think that I could lose more, but fortunately I didn't have a lot of money and I stopped. Be careful with trading and buying on high prices when prices go down you shoud be ready to that and you need some cash for living. Don't invest more than you can lose. This is the important thing that you should understand.
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April 28, 2018, 08:50:55 PM
Last edit: April 28, 2018, 10:11:07 PM by deevan
 #49

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
Taking a loan from a bank just to invest in cryptos is a very bad decision. Always invest in cryptos from your own earned money & the one you can afford to lose. Crypto market is volatile, you may lose some portion of your investment if the price decreases but nevertheless the price will go up but when? don't know! Bank will give you time to repay the loan. what if you can't return on time if the market is in a bearish state? It is better if you can save some money on your monthly income & invest that amount so you won't be having any tension about a bank loan.
batier84
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April 28, 2018, 10:01:42 PM
 #50

Greed cannot be controlled by any appeal to morality and values, but still I'm going to give you a tip stay away from loans.
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April 28, 2018, 10:09:22 PM
 #51

Yeah a little bit greedy but that is your style and that is your money so I want to do is to support you and I hope for you success doing that thing.Anyway crypto is just like a gambling so you gamble your money and that's it at least you did something to become a millionaire someday. Smiley

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April 28, 2018, 10:22:30 PM
 #52

Everyone always feel the eagerness to want more of his coins or tokens. Cryptos itself is a risky business so taking loan to invest in your favourite altcoins adds more risk to it. It's a 2 edged sword, it it goes well, you feel like a king but if it goes bad, you will feel so depressed and the loan thought can affect you adversely. To reduce the risk, make sure you look for very solid coins and enter at a very good low price, so at least you will have a good chance to recover capital plus some profits. Don't FOMO.
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April 28, 2018, 10:42:15 PM
 #53

You can afford to be greedy at some moments, be greedy when others are fearful Wink
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April 28, 2018, 10:46:40 PM
Last edit: April 29, 2018, 10:47:30 PM by vintages
 #54

A lot of investors who want to have it all and really lost a lot because of their greedy urge to invest in any 'altcoins' cryptocurrency to make gains without considering the authenticity of that coin. The worst of it all is to invest in cryptocurrency with borrowing. It's stupidity for a trader to collect loan for buying bitcon or any other cryptocurreny. To invest in cryptos, you invest with money that you're ready to lose.
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April 28, 2018, 10:48:31 PM
 #55

In everything you need to know the measure and not to overstate the bar of your expectations! Then you will not trade in the negative! A few percent per day is enough!
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April 28, 2018, 10:54:24 PM
 #56

My advice to you is not to be too greedy to take advantage, when the time comes, then you will benefit more than you imagine, that I think is a typical attitude of the average person, but we must remain patient. Do not take the risk to borrow money in the bank, for something you are not sure of yourself.
That is on how you handle your emotions. Sometimes changing of attitudes is the result of successful investment which give you huge profit that you never think. Money can change a person but it depends on the beholder. Greediness can be result of something not good. You have to remain on what you are even what ever happen because it can affect on what you already have. It is given to you so use it in right way because not all the time you are lucky.

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April 29, 2018, 11:02:08 AM
Last edit: April 30, 2018, 09:55:47 PM by Moiyah
 #57


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


Yes, I'm one of those like you who are greedy to take advantage of the red market. But when is enough? It's your money/capital  which will decide if you're gonna stop or continue.

Quote
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.

I have heard so much about getting a loan, having a debt or even using a credit card to just invest in some altcoins. But I don't recommend such behavior because it is indeed a risky act. You may not know if the market will dance your moves always. Also, the interest can affect the target profit and the ROI will not surely return in a span of time.

But anyway, it is your own strategy on how you will react to the risk and it is your optimistic side that depends on your success.
 Goodluck, buddy.
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April 30, 2018, 02:23:32 AM
 #58

Greed runs in every trader since we are human but we must learn and practice to control it so as not to take adverse trading decisions. If you would take a loan by all means, make sure it's not a short term loan
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April 30, 2018, 06:55:07 AM
 #59

Greed runs in every trader since we are human but we must learn and practice to control it so as not to take adverse trading decisions. If you would take a loan by all means, make sure it's not a short term loan

greed is always there and as long as we can manage our greed, it should be fine for us and will not give any problem to us. greed in the crypto is too dangerous and this is why we need to control it so we can trade without chasing the money only. we need to always maintain our emotion to not attract us to become greed or panic.

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April 30, 2018, 07:07:16 AM
 #60

Taking a loan to buy risky coin is not a good option, the profit from crypto is very good, sometimes you can see your investment multiply in just a short time and it will cause most of the people to be greedy, but greed is the start of disaster, crypto market is so unpredictable, one miscalculation can be causing a huge lost, when its your money it still okay but being debt because of your greed is something not right at all
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