Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Best on March 25, 2024, 11:56:19 AM
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Currently, there's this token I believe it will likely do well during the BTC halving but then again, I am having a second thought about the project.
Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...
Now, this is where the confusion starts, I don't know how many of you know about this token and have joined their community. If you've, you will see where most of them are complaining that the listing was a loss to them. Some also complained that they bought at 0.05, while some were positive about the listing...
But then again, I checked IDO listing projects to know the price this token went on presale I saw it at 0.025 for each. I mean, are the community members lying due to greed or what? Because from my research, the project has the potential to surge in future due to its credibility and then again it got listed from bitget at 0.05 to 0.3 over 500%. Also checked other places like Dexscreener and also saw that it has done over 25M in m.cap and checked the buying vs selling pressure. Buying pressure seems more than.
I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.
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your title is confusing mate ..
is there any term that can stand about CONTENTED GREEDY PERSON?
because that is why called Greedy because they are never to be satisfied , and also Bull market? i will never stop waiting here to earn more and more from my holdings.
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I am sure that those people are complaining because their expectations were not met when the coin reached an exchange...but since the price got doubled already then this is really a manifestation of greed when we are not satisfied with what we have at hand and would wish for more. Under such a circumstance, a normal crypto investor would already be happy because of the 100% growth and if one will sell then it is already a big profit for such a short time. Now, there are times when a coin would do x10 or even x100 and maybe those people are thinking that the coin would be doing such a run-away price jump. Sad but this can be common not just in the crypto industry but everywhere. People are greedy and there are times when greediness can be so overwhelming.
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Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅
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Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅
This is normal, because beginners expect everything to happen according to their wishes, even though the crypto market doesn't have to be like that, because we understand the volatile character of crypto, we can't expect prices to always rise. Sometimes it experiences sharp corrections, and this causes worry for beginners to the point of feeling dissatisfied.
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Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅
Even the old investors get too excited to take profits. The only people that knows how the greed work in this market are people that is loss one or two money here. So, when the gain some profits, they appreciate it and sell, it's better than not having anything at all, but newbies are the most affected with this price, like they will be seeing their favorite coin go to amount the wish even when the market is crashing.
We can't expect everyone to be the same in this market, some people have to be the sacrificial lamb and they are the ones that are always greedy about he crypto market with the usual intention of buying high and sell low, no profits.
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Currently, there's this token I believe it will likely do well during the BTC halving but then again, I am having a second thought about the project.
Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...
Now, this is where the confusion starts, I don't know how many of you know about this token and have joined their community. If you've, you will see where most of them are complaining that the listing was a loss to them. Some also complained that they bought at 0.05, while some were positive about the listing...
But then again, I checked IDO listing projects to know the price this token went on presale I saw it at 0.025 for each. I mean, are the community members lying due to greed or what? Because from my research, the project has the potential to surge in future due to its credibility and then again it got listed from bitget at 0.05 to 0.3 over 500%. Also checked other places like Dexscreener and also saw that it has done over 25M in m.cap and checked the buying vs selling pressure. Buying pressure seems more than.
I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.
Just did a quick check and the price is looking decent though with good volume on one of the listed cex.. humans can be greedy, that shouldn't change your conviction, from what I can see. BEFI is solid fundamentally.
(https://i.ibb.co/xSzs0fW/IMG-20240325-210809.png) (https://ibb.co/C5VtZMg)
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your title is confusing mate ..
is there any term that can stand about CONTENTED GREEDY PERSON?
because that is why called Greedy because they are never to be satisfied , and also Bull market? i will never stop waiting here to earn more and more from my holdings.
Really confused with the Greedy thing mentioned here. The OP has to realize that everyone in the crypto space is only here for one reason, and that's to make profits. No one is here to overlook the actions of others and thereby end up making losses.
When a coin is listed, some early adopters tend to sell at that early phase in order to make profits before others. This tends to drop the price before others can even make their own sales for profitable reasons. If the community members weren't satisfied with the release price, then they have every right to be angry since they made some investment earlier.
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Greedy or the investors didn't go and buy at the right time? I think it's the latter that you want to portray and that's why most of the members here are confused of what you are trying to say.
In any case, we don't know what the future holds, and with so many projects in the market, really hard to see which one will succeed or which one will fail as they will not be supported by the community. And with that, we can only say that sometimes you need to be lucky to be an early investors of those projects.
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There is nothing to be confused about such situations, a lot of people wouldn't do any research before they engage with a certain project, and without any research, they build a lot of hope in their minds about that project that it will perform exceptionally well when it gets listed, but when that doesn't happen, you will see such users and investors spreading FUD in the community of the project.
What you did is probably the right thing to do. Some people would react differently in such situations, they would immediately abandon the project, sell their tokens if they have bought any, and go away without doing their part of the research and confirming the facts and figures.
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Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...
Honestly, this is my first time to know this token, so sorry.
And I checked it on Coin Market Cap. Fortunately, I found the data.
Is this what you meant?
BeFi Labs (BEFI)
Current rank : #2411
Current price : $0.3486
Total Supply : 210M BEFI (quite a lot, yes, the total supply.)
Anyway, after checking, I know why you said so, because if we look at the current condition of this token, this has been increasing quite significantly.
https://coinmarketcap.com/currencies/befi-labs/
And this token is still very new. Hmm, if you look at the current volume and what the data is. It seems like you have to be more careful with the price movements of this token. Indeed, for now, conditions are still increasing compared to the initial price. And the increase is not that significant yet. However, I'm sure, this is indeed suitable for high risk takers, but those who already understand the continuation of this project and its possibility of increasing again. And indeed this is like high-risk sex.
So you really have to be more careful if you want to get involved, especially investing in new tokens like this. Because, the risk of losing is quite high. The point is again and again, the high return you may expect also requires high risks.
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Greed is a natural part of human being, we can only manage to control it, and in controling greed, some are very good while some people really suck at it.
So, in a community where people bought a coin at a cheap rate, know it that not very many people had or have plenty of money to buy that coin in the quantity that they really want, so, for those who bought very small quantity, it is absolutely a normal thing for them to expect the price of that coin to go very high in near future, or when ever that coin gets listed, so, that they can make as much profit as possible, but unfortunately, they tend to be disappointed when that coin end up not reaching their price target, even though they are still in profit, they will still complain because what they hoped for is not what they are getting.
This is completely natural with some people and most especially, in crypto where some people have to be believe in investing and harvesting lots of money in the shortest time period.
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You know, as much as possible, greed should not exist when we are in the current bull run. We should be even more careful because we know that the movement of the chart on the graph is too aggressive. Intelligence and knowledge are needed here in this bull run that we are facing today.
It's very simple. If you don't have enough ideas here, just hold it and set a price at which you will sell the crypto or bitcoin you are holding. That means we or you just wait.
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- You know, when greed enters an owner of crypto coins, expect that the coins they will promote in this field of the crypto business industry will not last long, that's for sure. But if the intention is for the benefit of the community that will give trust to their project, the crypto token will for sure be supported, and the crypto community investors will surely support the coin that they will promote in this field of the crypto space.
As others say, greed will never go away; it's always there around us. It's up to each individual to adapt or let greed control their personality. So, it means that there are still others who, even though they know that greed is bad, if their mentality is weak, will surely be controlled by greed.
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What kind of greed is you meant here?
I think it's normal for people to seek big profits, but if the target is not achieved, don't blame other people.
The mistake of blaming other people is usually done by novice investors who buy when the market is experiencing fomo
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
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I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.
Have you never had a bad trading experience, where you bought near the top and then failed to make any profit because the token performed terribly on the market? I understand that some of their complaints can be a bit too much, but being worried because you entered at the wrong time is understandable. We can't see the future, and as much as you trust in the team, your capital is at risk. Who knows, maybe other exchanges won't list it, maybe there will be some troubles surrounding the team, and so on. Just ignore the complaints tbh. Keep following the news and watch out for the chart so you can decide when to exit or add your holdings without excessive emotional involvement.
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
It is human nature to want more than what we want to achieve, so we seem greedy. Greed can begin to arise if one cannot control himself that what he has obtained is worthy of being received, but still thinks that it is still not enough, so that when that moment is no longer there, only regret remains. Almost everything happens in all areas, but most often in crypto trading, when you have reached the peak you want to let go but don't do it because you see the trend is still moving up, so when there is an unanticipated decline, then only losses are acceptable, perhaps in terms of time Or value.
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
It is human nature to want more than what we want to achieve, so we seem greedy. Greed can begin to arise if one cannot control himself that what he has obtained is worthy of being received, but still thinks that it is still not enough, so that when that moment is no longer there, only regret remains. Almost everything happens in all areas, but most often in crypto trading, when you have reached the peak you want to let go but don't do it because you see the trend is still moving up, so when there is an unanticipated decline, then only losses are acceptable, perhaps in terms of time Or value.
Extreme greed is something that we can be able to feel on the time that we are on a bull run state considering that we are seeing that most coins or projects would really be pumping out into this moment on where you would really be seeing your portfolio to be that pumping but since human beings doesnt really have that kind of contentment then it wouldnt be shocking that they would
be holding up their position just because they are hoping for more and this is something a very common human being behavior. We would really be only just having those kind of realizations
on the time that we do experience some hardship and some issues about missed out opportunities on which this is a common thing.
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It is human nature to want more than what we want to achieve, so we seem greedy. Greed can begin to arise if one cannot control himself that what he has obtained is worthy of being received, but still thinks that it is still not enough, so that when that moment is no longer there, only regret remains. Almost everything happens in all areas, but most often in crypto trading, when you have reached the peak you want to let go but don't do it because you see the trend is still moving up, so when there is an unanticipated decline, then only losses are acceptable, perhaps in terms of time Or value.
Greed and fear are extreme human emotions, and they are not necessarily useless or dangerous. It would be good if we were greedy at the bottom and fearful at the top, but the market cannot exist if the majority makes a big profit. Conversely, the market only exists by creating losses for the majority by making them greedy in a bull run and continuing to have unrealistic expectations at the top. In other words, it is the majority of investors who create the top and bottom with their own greed and fear.
I am not surprised that this has been repeated for hundreds of years, throughout dozens of cycles of traditional markets and now in the crypto market. And I fully believe that it will continue until the last day of the market. I don't think we can all control our greed, because it is impossible and can cause the market to crash, but at least experienced investors can protect the profits they have made in a bull run. Those who cannot control their greed will have to pay tuition to learn that.
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
Greed is present in almost every individual and some will hide it to get their little profit while other will wait but then they will not be capable of getting anything.
They want to take benefit from the Bull season but they don't know that greedy people will loss the opportunity of Bull season too. One can reduce greed by specifying a value for taking profit but when value achieved then they should control greed at that time.
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(https://i.ibb.co/yVgvjZv/Screenshot-2024-03-29-032418.png)
Coincarp?? I didn't even find it in cmc..
Between two things that are unfamiliar, it makes me a little doubtful, namely an exchange that is not very well known and also a token that is still in its infancy... this is clearly very high risk, considering that in the next few days there will be a halving, I hope you don't invest more than 2% your assets for something this high risk.
The safest thing you can do is keep accumulating BTC to welcome the halving. ALT Season is coming, but BTC Season is a sure thing. I hope you consider BTC as well for some % so you can secure profits this year.
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Greed is present in almost every individual and some will hide it to get their little profit while other will wait but then they will not be capable of getting anything.
They want to take benefit from the Bull season but they don't know that greedy people will loss the opportunity of Bull season too. One can reduce greed by specifying a value for taking profit but when value achieved then they should control greed at that time.
As you said, this kind of behavior has become a natural thing for humans. No need not only from the cryptocurrency environment but you can also see greed wherever you are. It is better when you have made a profit then immediately sell and leave the exchange. and wait until the price collapses again.
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your title is confusing mate ..
is there any term that can stand about CONTENTED GREEDY PERSON?
because that is why called Greedy because they are never to be satisfied , and also Bull market? i will never stop waiting here to earn more and more from my holdings.
Sounds funny ;D. There is nothing like satisfying greed... I think the OP should edit the topic, because it is confusing. On the Bull market surely everybody wants to earn more and more.
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your title is confusing mate ..
is there any term that can stand about CONTENTED GREEDY PERSON?
because that is why called Greedy because they are never to be satisfied , and also Bull market? i will never stop waiting here to earn more and more from my holdings.
Sounds funny ;D. There is nothing like satisfying greed... I think the OP should edit the topic, because it is confusing. On the Bull market surely everybody wants to earn more and more.
That's right, with bullish conditions, many will try to make a lot of profit. Greed has become a common factor, with exchange conditions being very supportive, many will try to take advantage of the bullish moment as best as possible.
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your title is confusing mate ..
is there any term that can stand about CONTENTED GREEDY PERSON?
because that is why called Greedy because they are never to be satisfied , and also Bull market? i will never stop waiting here to earn more and more from my holdings.
Sounds funny ;D . There is nothing like satisfying greed... I think the OP should edit the topic, because it is confusing. On the Bull market surely everybody wants to earn more and more.
That's right, with bullish conditions, many will try to make a lot of profit. Greed has become a common factor, with exchange conditions being very supportive, many will try to take advantage of the bullish moment as best as possible.
Indeed, opportunities sometimes need to be optimized in order to achieve what they want, including when they are bullish, so you can be sure that many will take advantage of that moment to get as much profit as possible according to their wishes. Agree that greed is a factor in every human being. But you must remember that sometimes greed can forget the main goal, so the opportunity to earn as much as possible may not be achieved because the moment has passed.
I agree, the bullish moment will be used as best as possible by everyone to get the best, but we still have to remember don't be greedy, adjust to what has become the main goal.
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As others have said, greed is part of human emotions, so there will be no contentment and it's not a sin to look for more profits right? At least in crypto, in order to be successful, you need to be motivated and have a goal.
And so if you haven't reach your desired profits as it is your goal, then you can still continue and go and trade and make sure that you will get to that point. Instead of just being conservative and predictable as if your life has been return already for you.
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In my opinion, and just like @bitterguy28 said, your topic is quite off from the content. I don't think this has to do with greed, but rather with the misinformation that some people usually have about the project they have invested in or the project they want to invest in. Some people don't usually carry out research about the ICO or IDO price of a coin, but they would rather believe in what others have told them, without minding if it is true or false.
Also, when you talk about greed, some people are not really greedy, as you describe the situation. If, for example, I buy a coin when the price is at $0.04 and perhaps the coin falls to $0.02, there's no way I will not feel agitated.Some of those investors that are complaining probably may not have had the opportunity to buy the coin at a lower price than the listing price, and if they do, what's the assurance that the project can become very successful in the future?
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That's human nature, they always look for the best possibility and forget the worst possibility that looms over them. We saw that many people gained a lot from the halving 4 years ago, and I think the current bullish market conditions mean that many people who missed the previous moment don't want to miss it anymore. Holding now can also be said to be an act of greed, even though I'm sure many people have made a profit if they sell BTC at this time.
It seems I'm also greedy because I'm still holding and hoping the price goes up again.
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We should also know that during the bull market, there is also a high volatility and we do experience the bear along side, and if we want to go by satisfying our greedy desires, we may end up loosing the more instead of making earnings, bull market also calls for us to be more cautioned on how we trade, holders may not be at risk like the traders during this period, it has happened before that during the bull run, some are found loosing instead.
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
It's always the massive pump of coins that bring up that greed in both short term investors and traders too. When you see new coins popping up everyday with a high interest boost just few minutes after being listed for some reason no doubt people are actually tempted to buy these coins but some of these projects are really not worth it because you could lose money within Short time as probably you would also gain too.
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As you said, this kind of behavior has become a natural thing for humans. No need not only from the cryptocurrency environment but you can also see greed wherever you are. It is better when you have made a profit then immediately sell and leave the exchange. and wait until the price collapses again.
Once a person overcome this behavior he will be successful in every field of life because greedy person cannot enjoy his life but is always in struggle to get more and more as a consequence of which they never fulfil their dreams and miss every day of getting success.
It is important for newbies or greedy people to take the reward immediately because keeping wishes in your heart to earn more will not completed ever. Just remember that by reducing your greed you can make every way smooth for you and you will be able to enjoy your reward.
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It's always the massive pump of coins that bring up that greed in both short term investors and traders too. When you see new coins popping up everyday with a high interest boost just few minutes after being listed for some reason no doubt people are actually tempted to buy these coins but some of these projects are really not worth it because you could lose money within Short time as probably you would also gain too.
Very true Crypto investors don't like red so they ignore the red market instead of using it as an opportunity. And when a coin popping up green, they jump on that coin without understanding anything but greed. Controlling the emotions of traders is the most important while trading, traders run to catch green coins only by being emotional but this proves to be their biggest mistake when they face losses.
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I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.
So you noticed some members, who hoped big from the BEFI project are now against it because they must have thought that one token price might exceed $1 or $10 who knows what the hype in their minds was? But instead, it only has 5x. Which might not be enough for the investors. So they started to talk badly about the project in the community. For me, that's normal. because people are after high profits, and when a project fails to deliver what it did not actually promise but most likely investors assumed by themselves, then these people talk badly.
Well, the final words are, if you find this project good and a better investment then you should not be worried about a few member's comments on the platform. As self-study, and self-confidence is what make your trade more profitable. I liked the way you showcase that you have studied the coin by yourself, but stuck on the community review.
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I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.
So you noticed some members, who hoped big from the BEFI project are now against it because they must have thought that one token price might exceed $1 or $10 who knows what the hype in their minds was? But instead, it only has 5x. Which might not be enough for the investors. So they started to talk badly about the project in the community. For me, that's normal. because people are after high profits, and when a project fails to deliver what it did not actually promise but most likely investors assumed by themselves, then these people talk badly.
Well, the final words are, if you find this project good and a better investment then you should not be worried about a few member's comments on the platform. As self-study, and self-confidence is what make your trade more profitable. I liked the way you showcase that you have studied the coin by yourself, but stuck on the community review.
Thanks mate. Yeah, I did some research before investing in the coin. We always have to do that in the crypto market no matter what
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Greed is inherent in every human. During the bull market, every trader wants to accumulate so much gains and so it becomes a bit challenging to have control or not to continue trading. Sometimes, most crypto traders haven't profited and so the bull market afford them the opportunity to make good cash.
It's always the massive pump of coins that bring up that greed in both short term investors and traders too. When you see new coins popping up everyday with a high interest boost just few minutes after being listed for some reason no doubt people are actually tempted to buy these coins but some of these projects are really not worth it because you could lose money within Short time as probably you would also gain too.
There are some investors who consider bull market as gambling. They love to take risks. Coins that are newly listed on the exchange are more attractive to some investors. But not all coins will work at that high pumping event. Investors want to take such risks in bull markets because there is a possibility of getting more money in a short period of time by taking a small risk. Some investors lose money by investing without knowing it due to excessive greed. Excessive greed makes it difficult to control one self especially in bull markets, those who are greedy investors fail to satisfy themselves Because they are more greedy.
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The bull market state, unlike the previous ones, will increase its duration by more than 50% of the time of existence, which will increase the appetites for bigger players and for smaller ones in terms of speed and amount of profit. I think that this year leaves the biggest mark in terms of the green state of the market and that it opens up many options to users who were absolutely indecisive about their investment and retention of the purchased coins.