Why you should ignore the voice of fear & greed in Bitcoin investing.

[Taricoins]

Personally I do not resonate with fear and greed before the biggest challenge I faced in my journey to invest in Bitcoin, the biggest challenge I had was restraint, having to ability to refrain from tampering with holding anytime I am faced tith severe financial instability, overtime I was able to adjust and I think part of my brain don't even consider what's inside my portfolio as mine

[Uhwuchukwu53]

Well from the little experience and knowledge I have gathered apart from Bitcoin investment generally the two elements is not what should be in one life as an investor and such investor will succeed, the problem of many having the indicision problem, where they are not able to invest or even if they invested can't gain or make any good progress is resulted in the two elements. Newbies without know is subject to fear, but starting with greed, it's difficult to progress, greed is nearly an obstacle in every investment, I would subject an investor to one without knowledge to enter into investment where required knowledge is not acquired because the two elements will act as hindrance to such person. No body survive in an investment with greed it's either you loose great by fallen victim of different failure circumstances which scam is one precisely.

[Pearl_20]

Greed and fear are two opposition in bitcoin investment and if you're an emotional person you won't survive in bitcoin investment and that's why patience is required because if you're emotional and greedy you will go as far as borrowing if bitcoin pumps up and some will even go as far as buying above their limit forgetting it's volatility and once fear comes they will rush to sell fast thinking that it won't come up again.

If you're not a patient person you will lose out completely in bitcoin investment. When the voice of fear Comes don't panic and sell low always remember your plans because price will go up and when the voice of greed comes be disciplined enough not to buy above your limit or even go as far as borrowing because pump is high and at the end of that day you might cry when you lose out. When these two voices starts whispering during when prices is high and low just be calm and know what was your initial plans before investing.

[Bryan jessy]

Greed and fear are two opposition in bitcoin investment and if you're an emotional person you won't survive in bitcoin investment and that's why patience is required because if you're emotional and greedy you will go as far as borrowing if bitcoin pumps up and some will even go as far as buying above their limit forgetting it's volatility and once fear comes they will rush to sell fast thinking that it won't come up again.

If you're not a patient person you will lose out completely in bitcoin investment. When the voice of fear Comes don't panic and sell low always remember your plans because price will go up and when the voice of greed comes be disciplined enough not to buy above your limit or even go as far as borrowing because pump is high and at the end of that day you might cry when you lose out. When these two voices starts whispering during when prices is high and low just be calm and know what was your initial plans before investing.

Emotion plays more roles in Bitcoin investment, because when someone who is not certain about the exact investment method to adopt it becomes very difficult for him to decide which to settle for, that is why some investors are scared whenever the price reduces but the case is the opposite for an investor who knows what he wants, so regardless of the season, they are never bothered about voices and they are never greedy. At times due to impatient some investors incur loses they would have avoided because the moment patient is lacking in any decision the more disorganized a person gets.

[Crypto_Timothy]

Fear and greed actually affected me when I was purely a beginner, and have no knowledge of how the Bitcoin market works which I believe there are those who are still battling with them. So the best thing to do is to ignore, and watch the market with patience.
What is your take on this

I appreciate you being honest, fear and greed are two most powerful emotions that can make you make mistakes that you will spend years trying to fix especially greed. Understanding the patience the market needs is completely nonnegotiable otherwise greed will deal with you heavily and fear, fear stops you from making those risky moves that are meant to boost you ahead. I know these two emotions very well because i myself have gone through them and somewhat survived.
If you dont understand the market, i dont see any reason why you should be bordered with investing cause like why are you investing in something you dont understand, if not for greed, i dont know what else.