Everyone is fearfull. Someone said this is time to be greedy

[jossiel]

I always listen to my self I just collect some suggestion but i was the only one who decide because at the end of the day if we loss we are the one to loss so if they said it is time to be greedy, but for me i will still hold till market runs green again, being greedy and selling at loss is really a bad decision I always do that before bit now I understand how crypto works.

That's true.

You take the advice of others if you think that they really are good and you don't blame them if you happen to start losing because you followed that advice.

But if you're the only one who decides whether you have to buy or you have to sell then there's no one that's responsible for your action but only yourself and you blame yourself yet you learn some lessons.

[slaman29]

I think anyone who is scared right now is acting a bit irrationally. The price is over $30,000. This is something most people thought would have been impossible not very long ago. I think people need to take a longer view of things and stop concerning themselves with day-to-day movements otherwise there is no possible scenario that you will actually hold your coins long enough to make a life changing profit.

Agree. I admit I do irrational things even though over long term I have a high discipline. I hodl as much as possible but now I'm not scared yet. I can't predict how I'll think or act if Bitcoin goes to below 20k. I might sell a bit "just in case" or I might not. Can't really say because fear is very powerful when it comes to money:)

[bitterguy28]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Up to now the price still ups and down so i think there will be no changes this whole quarter.
it looks like we will be staying 35k all this 2nd quarter and the option to make a change is in the next quarter and the last.

If you have enough funds then take this opportunity and buy as more as you can.

[ultrloa]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Up to now the price still ups and down so i think there will be no changes this whole quarter.
it looks like we will be staying 35k all this 2nd quarter and the option to make a change is in the next quarter and the last.

If you have enough funds then take this opportunity and buy as more as you can.

We don't know what will be the outcome for this quarter but what's good thing there is we are still seeing some good numbers with bitcoin eventhough there's fear in the market right now. Lets do hope that all will be at good state and we can see the market pump even more harder the same last months happenings in the market scene.

[xSkylarx]

Not all can afford to be greedy when the market makes a huge dump like the previous days. Only people that have plenty amount of money are capable of buying when this opportunity happens. Some of us that have only few amounts to spare during these dips are very afraid to buy when the market sentiment is unclear. As much as possible we want to buy at the bottom to avoid hodling it for a long time because emergencies could happen and we will likely to sell it at loss.

[decodx]

Not all can afford to be greedy when the market makes a huge dump like the previous days. Only people that have plenty amount of money are capable of buying when this opportunity happens. Some of us that have only few amounts to spare during these dips are very afraid to buy when the market sentiment is unclear. As much as possible we want to buy at the bottom to avoid hodling it for a long time because emergencies could happen and we will likely to sell it at loss.

This is a very dangerous way of investing in speculative assets like cryptocurrencies. Never invest more than you are prepared to lose and don't even invest if you think you will need that money in the near future. A lot of people have gotten burned by this in the past, so don't fall for the latest hot craze.

When investing, you should invest only the extra income that you don't require for existing needs. Investing in cryptocurrencies through "dollar cost averaging" is considered the safest method.

[justdimin]

Up to now the price still ups and down so i think there will be no changes this whole quarter.
it looks like we will be staying 35k all this 2nd quarter and the option to make a change is in the next quarter and the last.

If you have enough funds then take this opportunity and buy as more as you can.

We don't know what will be the outcome for this quarter but what's good thing there is we are still seeing some good numbers with bitcoin eventhough there's fear in the market right now. Lets do hope that all will be at good state and we can see the market pump even more harder the same last months happenings in the market scene.

Whenever there is a fear in the market it is obvious that there is a money to be made in the  crypto world, that is why I like this current situation as well. Think about it, the price is low right now right? Like it dropped from 64k so it looks "bad" to some people right? And there are tons of people selling, or at least sold, because that is the only way bitcoin could drop. When you consider that, ask yourself "will price never go back up?" and the answer is always "it will go back up" and that means we are going to make a huge profit for sure. That is what I want people to know, that is the type of great situation we are in right now and that means a lot to me.

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

[BITCOIN4X]

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

[South Park]

I always see this kind of quotes or memes on social medias,
And I guess it is true only few are brave or strong enough to take risk when the market is dropping low and it could also be the reason why only few manages to be successful in crypto or trading.
Just like in HODLing only few could really do it for a long time others would take profit when their investment gains profit.

And this is why there are so few successful people on the markets, you need an odd combination, you need to be incredibly bold but only on the right circumstances and then be willing to hold your opinion to the point you do not care if the whole world is going against you, those two characteristics are almost polar opposites of each other and yet they need to be on the same person to have any chance of success, and anyone that has only one or none of those characteristics does not have the necessary skills to become a good investor.

[Fatunad]

I always see this kind of quotes or memes on social medias,
And I guess it is true only few are brave or strong enough to take risk when the market is dropping low and it could also be the reason why only few manages to be successful in crypto or trading.
Just like in HODLing only few could really do it for a long time others would take profit when their investment gains profit.

And this is why there are so few successful people on the markets, you need an odd combination, you need to be incredibly bold but only on the right circumstances and then be willing to hold your opinion to the point you do not care if the whole world is going against you, those two characteristics are almost polar opposites of each other and yet they need to be on the same person to have any chance of success, and anyone that has only one or none of those characteristics does not have the necessary skills to become a good investor.

Success will vary on how someone do put up risk on a certain thing and majority would really be just sitting and wait for further more believing that there might be still more lower price
and didnt risk out unlike into those who do put risk,they are the ones who do really make advantage but somehow the risk is always there.Its up to someones own decision
which would be accompanied with your skills and knowledge towards the market. You cant just make out any decisions without varying something.

[CryptopreneurBrainboss]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Generally when the market is red, it present an opportunity to buy at very discount price but the reason you shouldn't be too greedy is as you don't know what's the market direction whether I'll further dump down or recover from your buying price range.

If you don't have plans of holding for years don't just blindly start buying from the market when you see it in red as some could be bear trap manipulations by the whale. Instead you can buy in batches as this prevent you from been at disadvantage if the market was to dump further.

[GeorgeJohn]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

From my perspective Everytime is actual time to purchase crypto, but it depends on the individual objective to put it into function, really investors don't plan or make a specific arrangements on when to buy or sell, because they know quit well that any average business is made up of risk and profit, but base on novices and who are desperate to make a profit, but everyone mindset or taught is that this period is the season or time to buy, but on me it's a greediness as op cautioned it initially, i think purchasing anything depends on the way we strategies our self first.

[LUCKMCFLY]

Faced with a lot of panic scenario, a greedy person should always come out looking for the smallest opportunity to win, this is normal in the market, now BTC has great uncertainty, and it has a great probability that the price will fall a little, in fact many are betting on the BTC drop and go short, but I don't think so, I think this is a trap that whales put to remove the btc from weak hands:

Yesterday morning, despite rather modest buying volumes, the BTC/USD pair was able to recover to the area of average prices. In the afternoon, the Bitcoin (BTC) price moved into a narrow consolidation, right at the EMA55 line and, at night, bulls tried to form an impulse to break through the resistance of the $37,150 level.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-june-1

Some are waiting for the best time to enter the market, they are targeting much more of a bullish surprise, I think many have bought on the dip.

[traderethereum]

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

[Kelvinid]

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

Yeah, people will buy if they want to. I know we all have some fear but we don't just let this controls us because if that going to happen, we will no longer reach our goal. And this to say that Bitcoin is not for everyone, if we have some guts and willing to risk, this might be ours but if not, we better step away. Risk-takers win, we can't deny this thing and so many people had tried to invest in Bitcoin but not all of them went succeed, many were fail and lose their money.

[slaman29]

Faced with a lot of panic scenario, a greedy person should always come out looking for the smallest opportunity to win, this is normal in the market, now BTC has great uncertainty, and it has a great probability that the price will fall a little, in fact many are betting on the BTC drop and go short, but I don't think so, I think this is a trap that whales put to remove the btc from weak hands:

The greedy person looks for every opportunity, big or small, I totally agree. But also, the experenced greedy ones lock in profits as soon as they can, and then open up the next opportunity.

Without experience, the greed tells them to go for more, but they forget always to close the existing opportunities. Remmeber. Profits are never realized until you actually close your positions.

This trap is going to eat a lot of greedy inexperienced holders;)

[sana54210]

The greedy person looks for every opportunity, big or small, I totally agree. But also, the experenced greedy ones lock in profits as soon as they can, and then open up the next opportunity.

Without experience, the greed tells them to go for more, but they forget always to close the existing opportunities. Remmeber. Profits are never realized until you actually close your positions.

This trap is going to eat a lot of greedy inexperienced holders;)

Holders could not lose money as long as they keep holding, that is the key point there and unless they do that they will obviously lose money. If you want to make money by trading there is a ton of money to be made, like for example selling at 60k and buying at 30k would mean you will hold double the amount of bitcoin, but how could you know that would happen? You couldn't know that beforehand.

It means there is a case to be made for people who just.. never sell? I mean people like me who rarely ever sells rarely ever loses money neither, I do not care if it is 30k and I do not care if it is 60k, I am just waiting until I am rich enough to retire and until that day I will not sell. Which means those "greedy" holders do not end up losing money as long as they do not sell under what they have bought it for and that is the thing that makes this much more fun.

[LUCKMCFLY]

I do not know why fear or panic exists in people, some only look at the graph and only draw conclusions based on the form, others only review the technical aspects, and very few analyze fundamental aspects, such as Volume, number of wallets created, wallets millionaries, as indicated here:

The number of non-zero BTC addresses has decreased slightly.

The number of accounts holding <1 BTC peaked near the April 14 high.

The number of accounts holding >10,000 BTC bottomed near the April 14 all-time high.

Source: https://beincrypto.com/btc-on-chain-analysis-big-accounts-accumulate-small-accounts-sell/

In my personal opinion in 2017-2018 I learned that you have to take into account the number of wallets, because it was an indication that I was in the bullish trend race, it was my way of checking it, this time it may continue to work, not with such precision but to help confirm possible trends.

[traderethereum]

There is a good amount of profit to be made from the current situation and that is what I want people to know. However there are tons of people who won't be able to make any profit right now because they are just too scared.

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

We can not force them to buy bitcoin now, especially if they do not know bitcoin or are not ready with bitcoin price volatility, which can make them worry.
The trader will use this moment to buy bitcoin and traded to make more profit because this time, they can use the buy low and sell high strategy, but they still need to be careful because the bitcoin market can not be predicted.
Maybe if they get lose by buying at a high price, they do not have to panic because they can still hold it and waiting for the uptrend that will come soon.
Everything that they do in the crypto market will have risk, and if they can be ready with that risk, they can prevent the big loss.

Yeah, people will buy if they want to. I know we all have some fear but we don't just let this controls us because if that going to happen, we will no longer reach our goal. And this to say that Bitcoin is not for everyone, if we have some guts and willing to risk, this might be ours but if not, we better step away. Risk-takers win, we can't deny this thing and so many people had tried to invest in Bitcoin but not all of them went succeed, many were fail and lose their money.

We really need to prevent that risk by learning how to do that, and with practice, I am sure we can manage the risk and know how to have less risk.
In this matter, people need to learn more details about bitcoin not to be afraid.
If they think it is hard to manage their emotions to see the fluctuating price, they do not have to invest in bitcoin instead of searching for the other investment type they want.
Risk-takers can win if they can know how to manage the risk and not many people can do that because some people can not calm down with the volatility of the price.

[Kittygalore]

They become too scared because basically they are not too sure of the potential that bitcoin will achieve after a price correction. I wouldn't say they're cowards because honestly they don't dare to take bigger risks. There are many types of trader in the market and not all of them really believe that after a correction the market price will recover. Bitcoin is a very volatile asset, so only those who are really willing to take big risks will get big profit.

Everyone would be scared when they see their portfolio getting it's value cut in half, it's a matter of how patient you are and how faithful you are that bitcoin prices will go back up again. I think people know that it is volatile but what they don't understand is that you can't make a quick buck out of bitcoin's volatility since it takes along time before the prices can recover.