Hopefully this falls under trading.My answer is simple: they are neither dangerous nor good, everything depends on the investor.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
When we see the market is red, we have to be "Fear" to be able to buy Z coins. When the market is green, we have to "Greed" to look for more profits.It is more easily to say rather than to practice it with high discipline. Majority of people in the market fail to do this even they all one time or more times were exposed with this statement from Warren Buffet which surely cited many times.
My statement also may not be commensurate with those who have a broad view of cryptocurrency because everyone definitely has tips and tricks for trading.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
"Be fearful when others are greedy; and be greedy when others are fearful" (https://www.investopedia.com/articles/investing/012116/warren-buffett-be-fearful-when-others-are-greedy.asp)This principle is very difficult to implement, I am just an ordinary person in cryptocurrency and there are many more Legendaries who understand more about cryptocurrency trading.
Bitcoin Fear and Greed Index (https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/).Wuoaahh , I just found out about this website, and I checked it just now.(https://i.ibb.co/SfmRqGT/Fear-Greed-Indexchart.png) (https://ibb.co/jJwg7sK)
One side that I feel right now is fear because the market is green, maybe this is better for me because when the market is red I will choose GREED to buy more cryptocurrency. This is my choice, do you think my choice is worth it?Previously, I zoom out the chart to get a wide view of the Market price and Fear & Greed Index on the same chart.
But I have a little confusion with the colors Green, Yellow and Dark Brown.See
This green color is Greed, the dark brown color is Fear, right? ??? Please explain to me , because this the first time i see this website.
How To Use Fear And Greed Index To Understand Market Sentiments
The Fear and Greed Index is on a simple 0 to 100 scale and color-coded accordingly where 0 is red and 100 is green.
When the score is red and close to zero this signals extreme fear and could indicate that many Bitcoin ($BTC) and crypto investors are too concerned about the price dropping further. At this point in time crypto fear is high and investors may not be thinking rationally.
When the score is green and close to 100 this signals extreme greed and could indicate that many investors of Bitcoin ($BTC) and crypto are too excited about the prices rising a lot further in the future.
Fear is usually afraid of the token chosen or with an analysis that is not sure of your opinion, maybe when the market is down there is always a fear that the price is going down while being able to sell at the capital price, let alone profit.The majority of members answered neutral, meaning that greed and fear exist in financial markets, and it depends on the ability to analyze the market and manage one's emotions. I agree but will add one separate opinion.
The usual greed of the trader always wants a big profit even though the 20% profit is in sight because of greed, he wants higher and in the end it becomes a loss because he does not sell when it is his target.
So it depends on their emotional control whether they can reduce or be more disciplined with their targets, because in trading if you don't have good skills then you will lose.
To me, greed is more dangerous than fear!I agree with you but I see it is partially true.
Always be cautious of greed!
if there isnt such a thing why does FUD and FOMO exist in the crypto space. Is like you saying fear and greed only occur in gambling. There's always an element of fear or greed when dealing with things of values.Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Don't give trading that kind of approach of gambling, there's nothing like fear or greed while trading as you may have it with gambling, risk taking is what we consider most in trading and how experienced you're in knowing what you're doing or not, when you're a trader, you understand the network you're dealing with, the currency you're trading and the performances it already had previously before you started, then couple that with skill and how lucky you're doing your market speculations accurately using various indicators.
When we are afraid, we can only take profits prematurely or cut losses too early. That creates little profit or slight loss.This can cause stagnation which might lead to greed. Is like they co-related.
I agree with what you said, greed is more dangerous than fear. Greed will usually overpower our normal thoughts and to satisfy it usually someone will do everything possible.`snipThe majority of members answered neutral, meaning that greed and fear exist in financial markets, and it depends on the ability to analyze the market and manage one's emotions. I agree but will add one separate opinion.
To me, greed is more dangerous than fear!
Hopefully this falls under trading.Fear and greed are both dangerous, but I see fear as one of the most dangerous parts of every trader and hold of any form of crypto because the fear can lead one to make some bad decisions that could lead to the loss of investment capital.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Which do you think is more dangerous?I don't think greed and fear, two terms are enough to explain these two words for example sometimes we fear we might lose our funds due to this bad news but sometimes we fear that we might miss this opportunity due to some good news or good opportunity. And in fear of missing out (FOMO), we make bad decisions. And in fear of losing funds, we can also make wrong decisions.
The majority of members answered neutral, meaning that greed and fear exist in financial markets, and it depends on the ability to analyze the market and manage one's emotions. I agree but will add one separate opinion.I can agree with this. +1
To me, greed is more dangerous than fear!
It's totally depends upon traders mentality he set for trading and it's not same for all. Both play important role in making profit/loss. A successful trader always keeping both in balanced approach. Too much fear affect our decision strategy we set for trading while too much greed cause taking high risk and both are dangerous especially greed.
In trading Fear oftenly refer to:
Exiting from any coins before target achieved.
Staying away from high volatile coins.
Panic selling
Greed refers to
Non-booking of profits with the pre planned strategy to get more.
Always taking risk
looking for volatile coins
Don't care of loss.
Now we can clearly say that greed is more dangerous because fear will only results in low profit while greed can dump our portfolio many x.
For me, they are the same. They usually go together when trading or investing in the market. It is natural for us to feel this way at times, but we must be aware of our emotions since they may influence our decisions. If we are at this point, it is best not to trade. It's better to find a way to relieve stress like traveling or finding fun and then when you feel okay you can go back to trade.All decisions when trading must be controlled because if you cannot control your emotions well and are easily influenced by price movements in the market, you will make bad decisions that will definitely make you lose, so it is better to keep control of your emotions. well and don't be easily influenced by price movements on the exchange.
All decisions when trading must be controlled because if you cannot control your emotions well and are easily influenced by price movements in the market, you will make bad decisions that will definitely make you lose, so it is better to keep control of your emotions. well and don't be easily influenced by price movements on the exchange.
All decisions when trading must be controlled because if you cannot control your emotions well and are easily influenced by price movements in the market, you will make bad decisions that will definitely make you lose, so it is better to keep control of your emotions. well and don't be easily influenced by price movements on the exchange.You're right. If we can't control our emotion, it will be a disaster. Crypto market is very volatile, it is easy to change. If we can't control emotion, we may fee panic and do the wrong decision. That's why a trader must have good emotional control, it is very useful to prevent us from deciding hastily. We need to feel calm to understand the market condition, then we will found out the way to get the solution. ;)
When the market goes up and down I tend to buy less because my fear is stronger than Greed.I Understand , but it's always good to do something, if you buy bitcoin, you don't have to be afraid, because bitcoin will go down like this , I'm sure that at some point it will go up and go up a lot, in fact by 2024 it is Expected that bitcoin will be able to give us movies very good and buillish, but of course it is the perception that we are looking for everything and that we all hope for, but just seeing the ETF and its aprobation and the halving of Bitcoin for us makes us very Excited.
Maybe this is my character also from my personal self if my mentality is more fear than Greed. :)
My daily life is also more taku to my family happen and this makes the same thing in trading cryptocurrency.
But for those who have a strong mentality and large traders like Whales should have a large greed so that the trade profits can multiply.
Hopefully this falls under trading.Both can be very scary when it comes to trading especially greed I would say it damages trading in ways that an investor or trader cannot even imagine. Being overly greedy in trading is definitely more likely to result in losses rather than gains. There are many who invest in a suitable dumping situation and in spite of getting a lot of profit in a pumping situation, hold on only out of greed, and then end up in a situation where they face losses instead of profits. Fear on the other hand affects a trader as much as greed especially those who are afraid of trading/investing must master the prerequisites of trading well before trading or investing.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Just like we sell a coin very quickly thinking that money may be lost, many times we see enough profit but we can't control our greed and wait for more profit, the result is negative. The first is that if we can be patient for some time without fear, then our profit will be more, and if we do not get greedy after having enough profit, then we will have profit instead of loss. We have to avoid both, neither can we be over-greed nor over-feared when it comes to investing or trading. Have courage and must believe in yourself. When a different gut works, your chances of making more money trading will increase. Again, if we do not avoid excessive greed, we may have to stay in harm for a long time, so we have to avoid excessive greed from our nature.
Fear and greed is part of human nature and it does not only imply to trading, this is because we are scared of the unknown, and we are also greedy naturally that what we have is not enough and we want to have more without considering the risk involved. Both of them are dangerous in trading, and if you are trading with fear and greed, you will run at loss. Trading is something that you should also control your emotions and also know when to exit the market. This is why it is good to only use the amount of money that you can afford to lose, when you want to trade and you know that you are a professional trader. By doing so, you will be able to overcome these two vices and learn more on the best strategy that will benefit you in trading.
~Which is more dangerous? Hmm, I think it's greed.
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Which is more dangerous? Hmm, I think it's greed.
Being greedy is more dangerous than being fearful. If you're afraid, you will only lose the opportunities that you might face, and of course, you will not grab those opportunities because you're afraid. On the other hand, being greedy can lead to multiple problems. From losing your money to losing your mental state to losing your friends etc.
Hopefully this falls under trading.Wow these two emotions have actually led to a lot of people success and downfall. Every human has these feelings in them but it all depends on how we manage them that is why it is being thought that a good trader should possess the quality of being able to control or manage their emotions.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed is indeed not good, but basically every human being has the desire to always get more than usual. Usually, they will stop when all the capital used has been used up and all assets are stuck at high prices. Patience is very important to control well so as not to make the wrong decision. When traders cannot control their emotions well, it will happen, as you mentioned, that they will take the wrong steps and it will be difficult to make a profit.
Which is more dangerous? Hmm, I think it's greed.
Being greedy is more dangerous than being fearful. If you're afraid, you will only lose the opportunities that you might face, and of course, you will not grab those opportunities because you're afraid. On the other hand, being greedy can lead to multiple problems. From losing your money to losing your mental state to losing your friends etc.
agreed, greed is very dangerous.
Many people failed to gain profit because this emotion.
greed will make us lose alot.
When do trading, we already set the sell target, but we're greedy.
Not sell our coins, then the price drop.
It's annoying.
and we lost a lot .
Fear is also bad emotion, but we can manage this.
Experience will reduce fearness.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
agreed, greed is very dangerous.No doubt, greed is totally harmful.
Many people failed to gain profit because this emotion.
greed will make us lose alot.
When do trading, we already set the sell target, but we're greedy.
Not sell our coins, then the price drop.
Many people have been ruined by greed and that should be a lesson for us. Maybe some people will think that they are not smart enough to suffer losses, they don't know that it is greed until they feel it themselves.agreed, greed is very dangerous.No doubt, greed is totally harmful.
Many people failed to gain profit because this emotion.
greed will make us lose alot.
When do trading, we already set the sell target, but we're greedy.
Not sell our coins, then the price drop.
Yep, we can fail to take profits if we are greedy. Although we have the chance to take profits at that time, but we ignore it because we expect to take more profits. It was what I did with some coins got from bounties in few years ago. Now, the coins have no value, it seems no chance to return to the best price. It is the same as you said, the price has dropped very much. It freefall, drop more than hundred percentages but it is thousand percentages.
Fear and greed is part of human nature and it does not only imply to trading, this is because we are scared of the unknown, and we are also greedy naturally that what we have is not enough and we want to have more without considering the risk involved. Both of them are dangerous in trading, and if you are trading with fear and greed, you will run at loss. Trading is something that you should also control your emotions and also know when to exit the market. This is why it is good to only use the amount of money that you can afford to lose, when you want to trade and you know that you are a professional trader. By doing so, you will be able to overcome these two vices and learn more on the best strategy that will benefit you in trading.
Hopefully this falls under trading.Greed and emotion are not only dangerous in trading or investing but in all areas of life these two bad habits have a negative impact on people's lives. Man can never do anything good in life unless he can give up greed and emotion. Greed in trading must be avoided because excessive greed must lead to losses in trading. Again, even if you go to trade with extra emotion, the same result may come. Both trading and investment are very important because here a new investor and trader will definitely lose if these two bad habits prevail. So a trader and investor is advised to give up bad habits. .
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Hopefully this falls under trading.In trading we know that a person must control his emotions otherwise he can never make a profit. Because if you can't control your emotions then it will collapse at any time. Invest in the market, you can fall into losses due to market volatility at any time in the market, so you have to control your emotions first. Trading is a risky project where you can lose your money by investing but you will never profit if you don't take risk so it is better to take risk without fear but never start trading without gaining experience. We know trading is a risky business but investing is a risk free one so it is wisest to leave the trade and invest instead of losing money.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Learning how to handle your emotion is one of the most important aspect in trading to make yourself profitable in the long run. To make this, we have to develop confidence with our trading plan through back testing. The higher win rate you get from 100% the more confidence you will get. But having a profitable trading plan through back test doesn't you can make profit in live trading right away, it's because the emotion will only occur in live trading which can really affect our execution. So the best experience to gain is from live trading, it helps you improve your trading execution.Hopefully this falls under trading.In trading we know that a person must control his emotions otherwise he can never make a profit. Because if you can't control your emotions then it will collapse at any time. Invest in the market, you can fall into losses due to market volatility at any time in the market, so you have to control your emotions first. Trading is a risky project where you can lose your money by investing but you will never profit if you don't take risk so it is better to take risk without fear but never start trading without gaining experience. We know trading is a risky business but investing is a risk free one so it is wisest to leave the trade and invest instead of losing money.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Fear and greed is part of human nature and it does not only imply to trading, this is because we are scared of the unknown, and we are also greedy naturally that what we have is not enough and we want to have more without considering the risk involved. Both of them are dangerous in trading, and if you are trading with fear and greed, you will run at loss. Trading is something that you should also control your emotions and also know when to exit the market. This is why it is good to only use the amount of money that you can afford to lose, when you want to trade and you know that you are a professional trader. By doing so, you will be able to overcome these two vices and learn more on the best strategy that will benefit you in trading.
Well, I want to correct you a little, because "fear and greed" can only be a part of human nature, but we shouldn't make it a habit or we shouldn't choose to do it. Because when you say it's part of our human nature, it means you chose to keep it in your personality. Do you get it?
So this fear and greed should be removed as much as possible from our character as individual traders in the field of cryptocurrency so that we don't become emotional when the market suddenly falls.
-snip-Trading directly with real funds will include emotions in trading and will certainly train how one trades as it should.
But having a profitable trading plan through back test doesn't you can make profit in live trading right away, it's because the emotion will only occur in live trading which can really affect our execution. So the best experience to gain is from live trading, it helps you improve your trading execution.
True, we should trade with real money to become profitable since the experience we get will help us succeed because we can learn a lot from it. However, because we are executing a live trade to obtain real-world trading experience, we should have just invested a little amount of money. This is a problem that all beginners, including myself, face at times. Even though we were taught to invest only a small amount of money, we did not do so because "we already backtested our plan and analyzing the market is not easy" and "what if" our trades materialized." This is something that beginners should aware of.-snip-Trading directly with real funds will include emotions in trading and will certainly train how one trades as it should.
But having a profitable trading plan through back test doesn't you can make profit in live trading right away, it's because the emotion will only occur in live trading which can really affect our execution. So the best experience to gain is from live trading, it helps you improve your trading execution.
But when continuing to trade with Demo trading, it will not help in the management of trading emotions.
It looks easy when using demo trading but when directly trading directly it will certainly be very different.
Fear and greed will arise and this becomes an indication that trading psychology is at work, Anyone will be greatly affected.
Which do you think is more dangerous?Honestly speaking, they both fall under the same category but have significantly different meanings. But that doesn't mean that one is less dangerous than the other. Fear makes you close trading before you reach the profit that you have hoped for and greed makes you close trading even after you have achieved you profit goal. In both cases, you make a loss if you don't take proper actions.
-snip-Trading small amounts will help to better understand how the crypto market works, so that if something goes wrong, there are no big losses.
This is a problem that all beginners, including myself, face at times. Even though we were taught to invest only a small amount of money, we did not do so because "we already backtested our plan and analyzing the market is not easy" and "what if" our trades materialized." This is something that beginners should aware of.
Each trader defines success differently. For some, this may be making a profit by trading the 30 minute chart. For others, it could be profits from trading short cryptocurrency CFDs. But ultimately, success comes down to making a profit on the funds you risk.-snip-Trading small amounts will help to better understand how the crypto market works, so that if something goes wrong, there are no big losses.
This is a problem that all beginners, including myself, face at times. Even though we were taught to invest only a small amount of money, we did not do so because "we already backtested our plan and analyzing the market is not easy" and "what if" our trades materialized." This is something that beginners should aware of.
Only a small amount of funds and can provide more experience.
Don't force yourself to make big trades because that will only put more pressure.
By retesting and analyzing the market means that you are prepared for all the risks that will occur, beginners should indeed do it to test how capable they are of trading.
Hopefully this falls under trading.Actually even these negative things do really sounds that it would be always sounds disaster but we do know that it does have its
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Trading has indeed become a high risk thing, especially for those who only trade without being well prepared in various aspects. And what's more, with the nature of greed and panic, this will be complete and inevitable, the greater the risk. And if you say that fear and greed are more dangerous, then both will be equally dangerous if we cannot control or control them. especially regarding fear that causes panic, this will change drastically without wanting to analyze it first.Which do you think is more dangerous?Honestly speaking, they both fall under the same category but have significantly different meanings. But that doesn't mean that one is less dangerous than the other. Fear makes you close trading before you reach the profit that you have hoped for and greed makes you close trading even after you have achieved you profit goal. In both cases, you make a loss if you don't take proper actions.
Trading has indeed become a high risk thing, especially for those who only trade without being well prepared in various aspects. And what's more, with the nature of greed and panic, this will be complete and inevitable, the greater the risk. And if you say that fear and greed are more dangerous, then both will be equally dangerous if we cannot control or control them. especially regarding fear that causes panic, this will change drastically without wanting to analyze it first.If we talk about risk, then everything you do definitely has a risk, whereas in cryptocurrency trading there is a very high risk, but all of this can be avoided when you know how to trade properly and correctly, and of course when trading requires high analysis, not just relying on feelings. Courage is not always the right thing either; the important thing in trading is to remain alert and not make the wrong decision.
If we talk about risk, then everything you do definitely has a risk, whereas in cryptocurrency trading there is a very high risk, but all of this can be avoided when you know how to trade properly and correctly, and of course when trading requires high analysis, not just relying on feelings. Courage is not always the right thing either; the important thing in trading is to remain alert and not make the wrong decision.Agree. Everything has the risk, nothing has no risk. Moreover if we are talking about crypto trading or investing, these totally have high risk. If we don't want to deal with high risk, we mustn't choose crypto coins. Trading has many challenges because we must deal with unpredictable trends. The price are easy to change because of news. That's why we must have proper knowledge in analyzing charts and fundamental factors.
True. There is no need to use big funds to analyze the market very well and gain a enough experience, small funds is enough. The key why we have to use funds is to learn how to manage our emotions which is a part of trading psychology.-snip-Trading small amounts will help to better understand how the crypto market works, so that if something goes wrong, there are no big losses.
This is a problem that all beginners, including myself, face at times. Even though we were taught to invest only a small amount of money, we did not do so because "we already backtested our plan and analyzing the market is not easy" and "what if" our trades materialized." This is something that beginners should aware of.
Only a small amount of funds and can provide more experience.
Don't force yourself to make big trades because that will only put more pressure.
By retesting and analyzing the market means that you are prepared for all the risks that will occur, beginners should indeed do it to test how capable they are of trading.
True. There is no need to use big funds to analyze the market very well and gain a enough experience, small funds is enough. The key why we have to use funds is to learn how to manage our emotions which is a part of trading psychology.
Trading psychology is what we really need to succeed in trading because no strategy works 100% that's why if we just rely on our strategy without psychology we will end up losing our funds in the long run.
True. There is no need to use big funds to analyze the market very well and gain a enough experience, small funds is enough. The key why we have to use funds is to learn how to manage our emotions which is a part of trading psychology.
Trading psychology is what we really need to succeed in trading because no strategy works 100% that's why if we just rely on our strategy without psychology we will end up losing our funds in the long run.
You're right, trading psychology is important as a trader. How to manage emotional when the market volatile.
Fear and gread, be careful.
Both will make you lose.
I agree with you, to know and analyze the crypto market doesn't need big fund. We can do it with small fund.
Yes, my point exactly. They are both bad for business if not controlled properly. Just because they have different meanings doesn't mean that they are less dangerous than the other. Both work the same way and the last result should always be a loss if proper action has not been taken at the right time.Trading has indeed become a high risk thing, especially for those who only trade without being well prepared in various aspects. And what's more, with the nature of greed and panic, this will be complete and inevitable, the greater the risk. And if you say that fear and greed are more dangerous, then both will be equally dangerous if we cannot control or control them. especially regarding fear that causes panic, this will change drastically without wanting to analyze it first.Which do you think is more dangerous?Honestly speaking, they both fall under the same category but have significantly different meanings. But that doesn't mean that one is less dangerous than the other. Fear makes you close trading before you reach the profit that you have hoped for and greed makes you close trading even after you have achieved you profit goal. In both cases, you make a loss if you don't take proper actions.
A Professional trader have good experience to manage greed and fear. They already did trading in along years . But They also ever lost. They will learn and improve their strategy after lost.Well, before becoming a professional trader, he had experienced losses and was afraid to enter cryptocurrency, but from the experience he had, this trader began to dare to take risks and already understood cryptocurrency price movements. At least with a lot of capital and courage, seeking profits from trading would be very easy.
Talking about fund, it depends on how many fund do you have.
Hopefully this falls under trading.Greed, but actually both are really that dangerous. The only difference here is that when you are in fear then you wont really be taking any actions on which there's no way that you could really be able to make yourself that losing something just because you havent been able to take further step which is on unlike when you are on greedy situation on which you would really be making out such acts on which they arent supposed to be done on which if you do then this is where things turns out to be that shitty and this is why i could say that GREED is much more dangerous
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Each trader defines success differently. For some, this may be making a profit by trading the 30 minute chart. For others, it could be profits from trading short cryptocurrency CFDs. But ultimately, success comes down to making a profit on the funds you risk.Using Time Frames of 30 Minutes, 1 hour or even lower like faster scalping it depends on each person's ability to read and view charts.
In trading, as well as in investments, emotions play a crucial role. Fear and greed can indeed be powerful driving forces influencing decision-making and the outcome of trades. I, too, have found myself on edge, occasionally making less-than-wise decisions, so it's important to always maintain a clear head and avoid acting irrationally based on emotions. Overall, finding a balance between emotions and rationality is crucial to making informed decisions and minimizing risks.
For me greed is the most dangerous. because with greed, someone can experience losses in just a short time. In fact, someone can lose the opportunity to make a profit when they start to get greedy and don't take advantage when the opportunity comes. But fear is just as dangerous. But what always does the most harm is greed.
For me greed is the most dangerous. because with greed, someone can experience losses in just a short time. In fact, someone can lose the opportunity to make a profit when they start to get greedy and don't take advantage when the opportunity comes. But fear is just as dangerous. But what always does the most harm is greed.
Greed will make us lost, when the price is reachable and we are greedy want to gain more profit . But suddenly the price dump, we just say f*CK and lose our opportunity. ;D
Fear , it's also bad emotion. If we always fear we can't have opportunity to invest firstly when the price is still low.
when we realize it turns out the price is already high
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed will make us lost, when the price is reachable and we are greedy want to gain more profit . But suddenly the price dump, we just say f*CK and lose our opportunity. ;DExactly. If we are too greedy, we may fail to get profits but we just end up with losses. That's why we must plan everything with realistic targets. We don't expect too high rates to take profits, that may be the obstacle to success. I've experienced several times that I failed to gain profits because I targeted to sell at a too high price. Sadly, it is shitcoin, the price never increased again.
Fear , it's also bad emotion. If we always fear we can't have opportunity to invest firstly when the price is still low.
when we realize it turns out the price is already high
Greed will make us lost, when the price is reachable and we are greedy want to gain more profit . But suddenly the price dump, we just say f*CK and lose our opportunity. ;DExactly. If we are too greedy, we may fail to get profits but we just end up with losses. That's why we must plan everything with realistic targets. We don't expect too high rates to take profits, that may be the obstacle to success. I've experienced several times that I failed to gain profits because I targeted to sell at a too high price. Sadly, it is shitcoin, the price never increased again.
Fear , it's also bad emotion. If we always fear we can't have opportunity to invest firstly when the price is still low.
when we realize it turns out the price is already high
Hopefully this falls under trading.Greed is the most dangerous thing on a trading platform. A person who is more greedy on a trading platform is a person who suffers more on a trading platform. One of the best trading strategies is to control your own greed. A person who can control his greed in trading platform can make profit in trading platform. Fear can stop you from trading on a trading platform but greed can keep you in the dark. Every person needs to adopt a trading strategy to trade on the trading platform. In trading strategy, understand market volatility, be patient, don't be too greedy.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed will endanger you and eliminate your opportunity to make a profit, because you hope for more, even though we know that crypto is volatile. Suddenly it goes down and you hope it will go up, your profit is lost.
Greed is the most dangerous thing on a trading platform. A person who is more greedy on a trading platform is a person who suffers more on a trading platform. One of the best trading strategies is to control your own greed. A person who can control his greed in trading platform can make profit in trading platform. Fear can stop you from trading on a trading platform but greed can keep you in the dark. Every person needs to adopt a trading strategy to trade on the trading platform. In trading strategy, understand market volatility, be patient, don't be too greedy.
It is important to remember that you cannot rely solely on the cryptocurrency fear and greed index when making decisions about trading Bitcoin and altcoins. This is just one of many market analysis tools.Greed will endanger you and eliminate your opportunity to make a profit, because you hope for more, even though we know that crypto is volatile. Suddenly it goes down and you hope it will go up, your profit is lost.
Greed is the most dangerous thing on a trading platform. A person who is more greedy on a trading platform is a person who suffers more on a trading platform. One of the best trading strategies is to control your own greed. A person who can control his greed in trading platform can make profit in trading platform. Fear can stop you from trading on a trading platform but greed can keep you in the dark. Every person needs to adopt a trading strategy to trade on the trading platform. In trading strategy, understand market volatility, be patient, don't be too greedy.
Fear will make you leave trading because you don't have the courage to take risks.
Trading requires experience and the ability to manage emotions, greed and fear.
It is important to remember that you cannot rely solely on the cryptocurrency fear and greed index when making decisions about trading Bitcoin and altcoins. This is just one of many market analysis tools.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
You're right mate, the more we keep exercising fear the more it becomes so risk for us to handle it, the more our greed the higher the chances for loosing more as well, but one funny thing about the two is that, we cannot still do trading without using them, because sometimes, the fear we may have could lead us to taking an action that could safe us from loosing more, even though this is not in most occasions, all that is needed from us is to know how we could manage the two together for the best of our interest while trading.Something you do on an exchange will of course have a very high risk because, as you have said, the capital you have has the potential to be lost instantly. Therefore, you must remain alert when trading and, as far as possible, carry out trading normally without using derivative trading methods or others.
It is very natural that it is difficult for us to get rid of fear and greed, because these two things are something that is inherent in humans, or in other words, they are a natural trait for humans, so it will never be easy or difficult for us to get rid of them.
It is important to remember that you cannot rely solely on the cryptocurrency fear and greed index when making decisions about trading Bitcoin and altcoins. This is just one of many market analysis tools.
Yeah, many market analysis tools must be learned if we want to be a professional trader.
We have to good knowledge, strategic, analysis and also skill.
TBH, I personally still far from being a professional, just filling my free time for trading. I'm just a holder who is learning trading. But difficult to manage fear and greed in my mind.
It is very natural that it is difficult for us to get rid of fear and greed, because these two things are something that is inherent in humans, or in other words, they are a natural trait for humans, so it will never be easy or difficult for us to get rid of them.
However, we can continue to learn, as knowledge and experience increase, I am sure we will slowly be able to control these two things. Of course this all requires a process and this process will not be possible in a short time or we will need more time.
If we make greed a principle in someone's trading, it is very dangerous, instead of big profits he will get losses instead. what you say is true, when we buy coins at an affordable price then the coins we save go up and he is still waiting for results that are much more than now and then what he is waiting for is not achieved instead he experiences a decline in the price he bought.. in conclusion If there is an opportunity, even if it is to gain a little profit, it is more likely that he will experience no loss at all, because opportunities do not come a second time.Greed will make us lost, when the price is reachable and we are greedy want to gain more profit . But suddenly the price dump, we just say f*CK and lose our opportunity. ;DExactly. If we are too greedy, we may fail to get profits but we just end up with losses. That's why we must plan everything with realistic targets. We don't expect too high rates to take profits, that may be the obstacle to success. I've experienced several times that I failed to gain profits because I targeted to sell at a too high price. Sadly, it is shitcoin, the price never increased again.
Fear , it's also bad emotion. If we always fear we can't have opportunity to invest firstly when the price is still low.
when we realize it turns out the price is already high
If we make greed a principle in someone's trading, it is very dangerous, instead of big profits he will get losses instead. what you say is true, when we buy coins at an affordable price then the coins we save go up and he is still waiting for results that are much more than now and then what he is waiting for is not achieved instead he experiences a decline in the price he bought.. in conclusion If there is an opportunity, even if it is to gain a little profit, it is more likely that he will experience no loss at all, because opportunities do not come a second time.
I don't think you're the only one who feels this way, but many people and almost everyone will have these two problems at first, myself included. But that doesn't mean we can't fight them, it's our efforts that will make us better.
It is very natural that it is difficult for us to get rid of fear and greed, because these two things are something that is inherent in humans, or in other words, they are a natural trait for humans, so it will never be easy or difficult for us to get rid of them.
However, we can continue to learn, as knowledge and experience increase, I am sure we will slowly be able to control these two things. Of course this all requires a process and this process will not be possible in a short time or we will need more time.
Very happy to discuss fear and greed, two mental illnesses that always haunt me when investing. Several times I experienced losses because of this. You are right, knowledge and experience will enable us to face it.
Not east to have experience to manage both, fear and greed. We must be careful.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Both are actually that dangerous if you do tend to look at but its true that greed would be more that dangerous considering that excessive dealing up with something because you do proceed outHopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed is more dangerous, if you're afraid of something, you are likely not to go for it because you cant afford loosing your investment on that, but greed will always tells you the benefits you stand to get with what you stand to loose for making either of the decision, but one thing will never comes to your mind, which is the risk involved in that greediness you're having, greediness in most cases happens as a result of our impatient to learn, wait and receive more information on something before going into it.
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...
I will always remember your opinion Greed seems more dangerous, but fear makes us miss opportunities. You are right that if we are greedy we will also lose the opportunity to make a profit because we have a target but want more, and fear makes us not dare to take that opportunity.
We also often see greedy people in the crypto world, it's human. Likewise, the fear of taking the risk of buying when the price is low, when you realize that the price has soared high. It also takes time to gain experience.
Both are actually that dangerous if you do tend to look at but its true that greed would be more that dangerous considering that excessive dealing up with something because you do proceed outHopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed is more dangerous, if you're afraid of something, you are likely not to go for it because you cant afford loosing your investment on that, but greed will always tells you the benefits you stand to get with what you stand to loose for making either of the decision, but one thing will never comes to your mind, which is the risk involved in that greediness you're having, greediness in most cases happens as a result of our impatient to learn, wait and receive more information on something before going into it.
further due to have that aim on making more money will really be leading into disaster if you wont really be that careful. This is why it would really be always best that you should really be
having that moderation when it comes to emotions so that you wont really be finding yourself at huge trouble such as this. This is why it would really be better to have that
moderation when it comes to emotions and when it comes to psychological aspect.
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...
I will always remember your opinion Greed seems more dangerous, but fear makes us miss opportunities. You are right that if we are greedy we will also lose the opportunity to make a profit because we have a target but want more, and fear makes us not dare to take that opportunity.
We also often see greedy people in the crypto world, it's human. Likewise, the fear of taking the risk of buying when the price is low, when you realize that the price has soared high. It also takes time to gain experience.
I also believe that everything is based on experience, no other, we as people who all the time are going to see things from another point of view, both greed and fear are going to stop us on our path, it's just that For me, fear goes a little further, because fear makes us stop good opportunities not only in the market but in life in general, so to learn much more if experience is necessary for one as a person to Analyze and I know that sometimes you have to take a little more risk and this can make a difference at any time, it is expensive for us as people who must take care of our money, which is not the case when we are earning a lot of money because we want to multiply it by 10 because it falls into what we call something extreme.
But when we are in the crypto market, we do have to get an idea that things are possible, the scenarios that we sometimes imagine are possible, that they can happen, that is why Experience makes the difference.
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...Sometimes greed can indeed make someone experience big losses, but there are positive things that can also be obtained from greed, namely big profits as you mentioned for people who have invested heavily in the early Bitcoin period. And those who have excessive fear in the crypto industry will indeed lose their opportunity to make a profit. But if fear is controlled, it can also prevent someone from losing. Well these two traits have two opposite sides. So our job is just to make good use of it.
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...
You are right in the crypto market anything can happen, fear will stop us from taking chances. but before taking a risk we must consider the advantages and possible disadvantages. Dare to take risks but smart in analysis. investing in the crypto world requires a lot of learning to gain experience in order to manage fear and greed.Analyzing cryptocurrency movements for me is like gambling because no one knows where the price will move, even though Bitcoin still cannot be predicted accurately, many say that every year Bitcoin has a high price, but in reality Bitcoin in 2022 fall to a lower price. So I think cryptocurrency is not easy to predict and will remain full of risks.
Analyzing cryptocurrency movements for me is like gambling because no one knows where the price will move, even though Bitcoin still cannot be predicted accurately, many say that every year Bitcoin has a high price, but in reality Bitcoin in 2022 fall to a lower price. So I think cryptocurrency is not easy to predict and will remain full of risks.I agree when you say Bitcoin is not fully predictable because the market is very volatile.
Greed seems more dangerous, but fear makes us miss opportunities. I think fear hurts us more. I mean, someone who was greedy 10 years ago has made good money today thanks to Bitcoin and cryptocurrencies, but someone who was feared 10 years ago will continue to be fear today. I think it is not right to be in fear in a market that is open to development. Of course, we all want to buy at the best price, but we shouldn't give space to fear...
I will always remember your opinion Greed seems more dangerous, but fear makes us miss opportunities. You are right that if we are greedy we will also lose the opportunity to make a profit because we have a target but want more, and fear makes us not dare to take that opportunity.
We also often see greedy people in the crypto world, it's human. Likewise, the fear of taking the risk of buying when the price is low, when you realize that the price has soared high. It also takes time to gain experience.
I also believe that everything is based on experience, no other, we as people who all the time are going to see things from another point of view, both greed and fear are going to stop us on our path, it's just that For me, fear goes a little further, because fear makes us stop good opportunities not only in the market but in life in general, so to learn much more if experience is necessary for one as a person to Analyze and I know that sometimes you have to take a little more risk and this can make a difference at any time, it is expensive for us as people who must take care of our money, which is not the case when we are earning a lot of money because we want to multiply it by 10 because it falls into what we call something extreme.
But when we are in the crypto market, we do have to get an idea that things are possible, the scenarios that we sometimes imagine are possible, that they can happen, that is why Experience makes the difference.
You are right in the crypto market anything can happen, fear will stop us from taking chances. but before taking a risk we must consider the advantages and possible disadvantages. Dare to take risks but smart in analysis. investing in the crypto world requires a lot of learning to gain experience in order to manage fear and greed.
Greed is really dangerous when it enters a person. In fact, in any aspect of the business industry, when greed exists, it is for sure that the money of the person involved will be in jeopardy. So if you are in the trading business here in the crypto space, you should not let us get into it.
Yes, fear could really have its pros too on which on the time that you do have that fear of losing money or fear or taking up some risks then you would really be that basically be able to make yourself avoid into those potential loses on which an investment or business could be able to bring. Of course it would really be having that kind of probabilities on trying out to achieving on something in return on the risks that you are taking on which not all people would really be having the guts on doing so. This is why when it comes to risks taking then it would really beGreed is really dangerous when it enters a person. In fact, in any aspect of the business industry, when greed exists, it is for sure that the money of the person involved will be in jeopardy. So if you are in the trading business here in the crypto space, you should not let us get into it.
Both are risky but the difference between them is that fear will not allow you to be a part of risky investment because people in such conditions are fear of losing money. So in such fear he miss the upcoming pump but also don't let trading to become a cause of their loss.
Greed is more risky than fear as greedy person will always in search of money so he will choose some useless coins in a hope of getting quick profit so greedy person will loss his own money through his own mistakes.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
If you are trading right now then you have to discard the greed of originality. So it's best to believe in cryptocurrency and get as much benefit as you can. Whenever you are afraid, you will have different thoughts and it will be hard inside you. From then on, your fear will work. If you can eliminate fear, you can be sure that you will get the most out of it. So discard fear and greed then you can enjoy the right path properly.
I don't think it is due to the money you borrowed that's not what I think is the reason why we become afraid to invest. If you are a newbie and don't have much knowledge about crypto and you invested randomly at first when you see a bit of increase on the asset you invested it was fun but if the price goes down for a newbie without crypto knowledge here's the fear comes in he would end up selling all of his cryptos instead of holding it.If you are trading right now then you have to discard the greed of originality. So it's best to believe in cryptocurrency and get as much benefit as you can. Whenever you are afraid, you will have different thoughts and it will be hard inside you. From then on, your fear will work. If you can eliminate fear, you can be sure that you will get the most out of it. So discard fear and greed then you can enjoy the right path properly.
What I mostly think that triggers fear is when you are trading with money that is not yours or a funds that is being borrowed it could be that the money you borrowed no interest rather it was borrowed from a relatives. I heard a similar story where a man when to borrow money during the lockdown, just that he was given that money without interest rather to just retuned back the capital but unknowingly fear made him to lost all funds without him killing it. So, most times when you are trading with a fund that is yours and even though you risk such amount you can easily restore it back from your work or business.
If you are trading right now then you have to discard the greed of originality. So it's best to believe in cryptocurrency and get as much benefit as you can. Whenever you are afraid, you will have different thoughts and it will be hard inside you. From then on, your fear will work. If you can eliminate fear, you can be sure that you will get the most out of it. So discard fear and greed then you can enjoy the right path properly.I think greed will still be inherent in humans because it is a basic human nature that is very difficult to change, as long as it is still easy to get money, there will still be many who will try to get as much as possible and don't care about greed.
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...
And ones you couldnt really be able to make out such viable decisions then it would really be something that could affect you negatively on which it would be resulting that havingIn trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...
Two emotions that will always interfere with people from thinking rationally. Fear that makes people afraid to make decisions and opportunities. And greed that eliminates the best opportunities, until you have to lose everything.
I don't really blame anyone for any of their mistakes, they are really not doing anything wrong when you think about it, we are talking about something that is totally normal. I understand that it is going to be ordinary, there is really nothing wrong with that, but we need to remember that we are going to end up with a lot better situations when time permits, and some people just don't have that. I have made plenty of mistakes in my time, and I am sure I will keep on making them, so when I make a right decision and someone else is wrong, I do not blame them because next time maybe he will be right and I could be wrong.
In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...Well these two emotions are two emotions that we must control. Because if a trader is unable to control these two emotions, namely greed and fear, then they will not be able to become a successful trader. Because quite often we see a trader lose a lot of money because he is greedy and lose the opportunity to make a profit because he is afraid. But fear can also make someone lose a lot of money like FOMO.
In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...Well these two emotions are two emotions that we must control. Because if a trader is unable to control these two emotions, namely greed and fear, then they will not be able to become a successful trader. Because quite often we see a trader lose a lot of money because he is greedy and lose the opportunity to make a profit because he is afraid. But fear can also make someone lose a lot of money like FOMO.
In trading, these are the two major factors that cause loss of funds, and these two emotions will always come. For the fear aspect, when you're about to trade you might feel if the market is not going to your facour so you will doubt whether to trade or pass, while the greed cause loss of money because the feeling of wanting to make big profit can make you invest big amount and at the end of the day you loss it... these two things always work hand in hand and you need to take proper care of these factors before Trading...
Hopefully this falls under trading.Greed leads to many immorals to a traders life, wanting more over time when it isn't necessary in our own interests. It leads to placing too much trade for too long.in a short while we make gains, while in long time/holding too many positions causes loses during trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
This also happened to me. Sometimes I can control both emotions at one time and sometimes I personally cannot control them at other times. In essence, I personally am not consistent enough. And yes, I am also still learning and maybe it is very normal for this to happen to those of us who are still in the learning stage. But maybe something similar can also happen to pro traders. But I believe they become pros because they do know when to stop trading. Maybe when they feel they can't control their emotions, they decide to leave trading and are different from us who sometimes continue trading. ;DWell these two emotions are two emotions that we must control. Because if a trader is unable to control these two emotions, namely greed and fear, then they will not be able to become a successful trader. Because quite often we see a trader lose a lot of money because he is greedy and lose the opportunity to make a profit because he is afraid. But fear can also make someone lose a lot of money like FOMO.
Agree with us that we can control our greed and fear and become a professional trader, even though I'm just an ordinary trader trying to learn about it all. Two emotions that I try to control, even though sometimes I fail, greed still arises, resulting in lost opportunities to make a profit, and being trapped in high prices.
Greed leads to many immorals to a traders life, wanting more over time when it isn't necessary in our own interests. It leads to placing too much trade for too long.in a short while we make gains, while in long time/holding too many positions causes loses during trading.It's better for me to divide the capital I have to buy potential coins like Bitcoin and Ethereum and save them for a very long time.
It's better for me to divide the capital I have to buy potential coins like Bitcoin and Ethereum and save them for a very long time.Diversification is a good way to minimize the chance of losses and optimize the chance of profits. There are many people do this strategy in their investment because it has some advantages. Bitcoin and Ethereum will be always 2 good options for diversification. If I have enough money, I won't feel too many considerations, I will buy both Bitcoin and Ethereum.
Because as you have said, saving assets and dividing them very much does not necessarily produce results and sometimes only losses result.
Diversification is a good way to minimize the chance of losses and optimize the chance of profits. There are many people do this strategy in their investment because it has some advantages. Bitcoin and Ethereum will be always 2 good options for diversification. If I have enough money, I won't feel too many considerations, I will buy both Bitcoin and Ethereum.
If you choose, apart from Bitcoin and Ethereum, you can add BNB and Solana, so that your chances of profit are greater. Diversification is the best way to profit from the multiple coins we invest in. So as investors we can use many methods.Very smart choice, the four coins you mentioned currently have high volume, demand is increasing especially between BNB and Solana which are currently competing to be the best, Ethereum is also no less interesting because ETF has provided information about adding Ethereum to his trades in the coming days.
The 4 coins mentioned are like favorites that we can't miss always having in our wallet, because these 4 coins have a very high level of trust.If you choose, apart from Bitcoin and Ethereum, you can add BNB and Solana, so that your chances of profit are greater. Diversification is the best way to profit from the multiple coins we invest in. So as investors we can use many methods.Very smart choice, the four coins you mentioned currently have high volume, demand is increasing especially between BNB and Solana which are currently competing to be the best, Ethereum is also no less interesting because ETF has provided information about adding Ethereum to his trades in the coming days.
Diversification would really be always best and its really be that recommended but we do know that not all would really be having that consideration on which they would really be focusing more
Diversification is a good way to minimize the chance of losses and optimize the chance of profits. There are many people do this strategy in their investment because it has some advantages. Bitcoin and Ethereum will be always 2 good options for diversification. If I have enough money, I won't feel too many considerations, I will buy both Bitcoin and Ethereum.
If you choose, apart from Bitcoin and Ethereum, you can add BNB and Solana, so that your chances of profit are greater. Diversification is the best way to profit from the multiple coins we invest in. So as investors we can use many methods.
The 4 coins mentioned are like favorites that we can't miss always having in our wallet, because these 4 coins have a very high level of trust.If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.
We can see the movement of Solana recently, in fact the price has increased very rapidly and provided many benefits for its holders. However, many people miss this, but the good news is that it's not too late if you want to invest now, of course with risks too.
If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.Those collapsed coins are weak coins, most of them are shitcoins. I'm not surprised if many of the shitcoins have gone, the developer of the projects disappeared. Sure, it is recommended to invest in the top 10 or top 20 coins if we want to avoid the shitcoins. Their market caps show well about the quality. The top coins won't disappear like the shitcoins.
If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.Those collapsed coins are weak coins, most of them are shitcoins. I'm not surprised if many of the shitcoins have gone, the developer of the projects disappeared. Sure, it is recommended to invest in the top 10 or top 20 coins if we want to avoid the shitcoins. Their market caps show well about the quality. The top coins won't disappear like the shitcoins.
If you want to keep it for the medium term, it would be better to only choose those in the top 10. But I personally in altcoins always prefer to take risks by monitoring new projects that have the support of large investors. and usually they are ranked in the 100th or above. It's just that this is very risky. And don't do it if you're not ready to lose.If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.Those collapsed coins are weak coins, most of them are shitcoins. I'm not surprised if many of the shitcoins have gone, the developer of the projects disappeared. Sure, it is recommended to invest in the top 10 or top 20 coins if we want to avoid the shitcoins. Their market caps show well about the quality. The top coins won't disappear like the shitcoins.
That's what I did, I took advantage of the situation when the market fell some time ago and as a result I was able to experience profits, especially from bitcoin.The 4 coins mentioned are like favorites that we can't miss always having in our wallet, because these 4 coins have a very high level of trust.If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.
We can see the movement of Solana recently, in fact the price has increased very rapidly and provided many benefits for its holders. However, many people miss this, but the good news is that it's not too late if you want to invest now, of course with risks too.
Hopefully this falls under trading.When the Bitcoin halving was about to happen, I felt GREED because I was sure that Bitcoin would rise, followed by all altcoins.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Taking advantage of the opportunity when the market experiences a correction is indeed a good step. Because usually a fast correction will also give birth to a fast reversal. This often happens in bull markets when BTC experiences a sudden correction and causes several altcoins to experience quite drastic price drops. And if we can take advantage of it then we can indeed make a profit when the market recovers. And usually it will recover within a few days of the correction occurring. It's just that we have to keep our emotions in check so we don't get greedy. By only needing to use money that is ready if you have to lose.That's what I did, I took advantage of the situation when the market fell some time ago and as a result I was able to experience profits, especially from bitcoin.The 4 coins mentioned are like favorites that we can't miss always having in our wallet, because these 4 coins have a very high level of trust.If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.
We can see the movement of Solana recently, in fact the price has increased very rapidly and provided many benefits for its holders. However, many people miss this, but the good news is that it's not too late if you want to invest now, of course with risks too.
Coins that collapse especially when a bear market occurs, are because the coins are quite weak, making them unable to survive when a bear market occurs. However, when we invest in the right coins, we only have to wait a while to see the market return to normal.
We always talk about investing but most of the time we fail in choosing the right coin. Selecting the right coin is always challenging for us but if we try to select the right coin then surely we can select the right coin. We will try to find a platform where the risk of our money will be much less without worrying about extra profit. If we talk about investment platform with very low risk of money then Bitcoin or Ethereum will surely be on our top list of choice. By investing in these two coins we can be very worry free and we can get substantial profits by investing in these coins if we invest properly and hold the investment for the right time.Greed leads to many immorals to a traders life, wanting more over time when it isn't necessary in our own interests. It leads to placing too much trade for too long.in a short while we make gains, while in long time/holding too many positions causes loses during trading.It's better for me to divide the capital I have to buy potential coins like Bitcoin and Ethereum and save them for a very long time.
Because as you have said, saving assets and dividing them very much does not necessarily produce results and sometimes only losses result.
I would say that fear is more dangerous than greed, because it either paralyzes ability to think a person makes a rash decision, but greed triggers brain to work to get even more. Imo traders sells in fear to save what could be lost, and sells due to greed, because he is already thinking about the plan to increase. One is to save, other is to fix what has already been earned. During fear person is more desperate, during greed his brain neurons work faster and more productive.
If you look at the price of coins on the exchange, many of them have collapsed, and that is a very good moment to enter some of the coins that have been registered on CoinMarketCap, maybe you can see up to the top 10 listed on CoinMarketcap to buy, after that you can wait until the price rises higher when you buy.
I agree, even though we are taking advantage of a market that is experiencing a correction, we should also not be greedy and must always make analysis, unless the coin we are utilizing is like bitcoin, I have no doubts about bitcoin.That's what I did, I took advantage of the situation when the market fell some time ago and as a result I was able to experience profits, especially from bitcoin.Taking advantage of the opportunity when the market experiences a correction is indeed a good step. Because usually a fast correction will also give birth to a fast reversal. This often happens in bull markets when BTC experiences a sudden correction and causes several altcoins to experience quite drastic price drops. And if we can take advantage of it then we can indeed make a profit when the market recovers. And usually it will recover within a few days of the correction occurring. It's just that we have to keep our emotions in check so we don't get greedy. By only needing to use money that is ready if you have to lose.
Coins that collapse especially when a bear market occurs, are because the coins are quite weak, making them unable to survive when a bear market occurs. However, when we invest in the right coins, we only have to wait a while to see the market return to normal.
I agree, even though we are taking advantage of a market that is experiencing a correction, we should also not be greedy and must always make analysis, unless the coin we are utilizing is like bitcoin, I have no doubts about bitcoin.Bitcoin has shown good results from 2009 until now in 2024, successfully growing rapidly at very expensive prices like this, of course it will not make people hesitate to save and use Bitcoin as a long-term investment. This greed has become a natural thing in human nature mate, so it is very difficult to change it unless he realizes it himself and I don't think that's possible.
Sometimes greed will make us experience bad things. This greed has various forms, and when we don't prepare money for our needs for an investment, I think this is one part of greed. It looks good, but actually it's not at all.
Bitcoin has shown good results from 2009 until now in 2024, successfully growing rapidly at very expensive prices like this, of course it will not make people hesitate to save and use Bitcoin as a long-term investment. This greed has become a natural thing in human nature mate, so it is very difficult to change it unless he realizes it himself and I don't think that's possible.
Greed has always been a problem that will always exist in humans which makes us unable to think clearly and rationally. Bitcoin and several top coins have shown good development, and bitcoin has always been a priority coin. so there is no need to hesitate to invest in bitcoin.We humans often think about being greedy because usually when we get a lot of profit, we don't immediately withdraw the profit, instead we leave it until the price finally collapses again and we only get regret, to be honest, I'm also often like that.
Greed has always been a problem that will always exist in humans which makes us unable to think clearly and rationally. Bitcoin and several top coins have shown good development, and bitcoin has always been a priority coin. so there is no need to hesitate to invest in bitcoin.We humans often think about being greedy because usually when we get a lot of profit, we don't immediately withdraw the profit, instead we leave it until the price finally collapses again and we only get regret, to be honest, I'm also often like that.
Yes, it is true that using money that was not originally intended for investment or hot money is also a sign of greed. In investing we have to think more calmly. especially if our goal is long term. Because one day we will see the results of the decisions we have made. If we make decisions well and in a good way, such as through in-depth analysis, the potential for success will also be quite good. And when making an analysis, we shouldn't include too many emotions. Except just to make us careful.I agree, even though we are taking advantage of a market that is experiencing a correction, we should also not be greedy and must always make analysis, unless the coin we are utilizing is like bitcoin, I have no doubts about bitcoin.That's what I did, I took advantage of the situation when the market fell some time ago and as a result I was able to experience profits, especially from bitcoin.Taking advantage of the opportunity when the market experiences a correction is indeed a good step. Because usually a fast correction will also give birth to a fast reversal. This often happens in bull markets when BTC experiences a sudden correction and causes several altcoins to experience quite drastic price drops. And if we can take advantage of it then we can indeed make a profit when the market recovers. And usually it will recover within a few days of the correction occurring. It's just that we have to keep our emotions in check so we don't get greedy. By only needing to use money that is ready if you have to lose.
Coins that collapse especially when a bear market occurs, are because the coins are quite weak, making them unable to survive when a bear market occurs. However, when we invest in the right coins, we only have to wait a while to see the market return to normal.
Sometimes greed will make us experience bad things. This greed has various forms, and when we don't prepare money for our needs for an investment, I think this is one part of greed. It looks good, but actually it's not at all.
Yes, it is true that using money that was not originally intended for investment or hot money is also a sign of greed. In investing we have to think more calmly. especially if our goal is long term. Because one day we will see the results of the decisions we have made. If we make decisions well and in a good way, such as through in-depth analysis, the potential for success will also be quite good. And when making an analysis, we shouldn't include too many emotions. Except just to make us careful.
Investors should use cold money, not hot money that will be needed in the near future. considering that we really have to be able to differentiate, investing in crypto is a long-term investment. Greedy or not, depends on our emotions at that time.
Bitcoin has shown good results from 2009 until now in 2024, successfully growing rapidly at very expensive prices like this, of course it will not make people hesitate to save and use Bitcoin as a long-term investment. This greed has become a natural thing in human nature mate, so it is very difficult to change it unless he realizes it himself and I don't think that's possible.
Greed has always been a problem that will always exist in humans which makes us unable to think clearly and rationally. Bitcoin and several top coins have shown good development, and bitcoin has always been a priority coin. so there is no need to hesitate to invest in bitcoin.
Hopefully this falls under trading.I think there are two points of view to look at this meter, Fair and Grid, and these two points of view mean two things.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
You are right. Some persons too are impatient. I remember when I told a friend last year to invest in Bitcoin and allow it for 20 years, he was like that's a very long time and then I told him that the reason why I said so is because I don't want him to be troubled about the rise and fall of Bitcoin but I am certain that by 20years he would have gotten a good return. Even though I tried to convince him he still declined that he rather invest in something else.When you see the Bitcoin price movement going up and down every day, it will have an influence on your friend's mental condition, so your suggestion is to save it for the next 20 years without having to watch the bitcoin price movement process during that time and only open it when it reaches the target. For me, it is the best investment because your friend will get a lot of profit with the bitcoins he still has in his wallet.
Bitcoin has shown good results from 2009 until now in 2024, successfully growing rapidly at very expensive prices like this, of course it will not make people hesitate to save and use Bitcoin as a long-term investment. This greed has become a natural thing in human nature mate, so it is very difficult to change it unless he realizes it himself and I don't think that's possible.
Greed has always been a problem that will always exist in humans which makes us unable to think clearly and rationally. Bitcoin and several top coins have shown good development, and bitcoin has always been a priority coin. so there is no need to hesitate to invest in bitcoin.
Actually, I agree with this in some respects. If you are a busy person and have saved a significant amount of money, and you wish to grow this, long-term investment is a best option for you. You can definitely make a profit without doing anything. I discovered that the more time you keep Bitcoin, the more profit you will make, especially if you know exactly where the bottom is.You are right. Some persons too are impatient. I remember when I told a friend last year to invest in Bitcoin and allow it for 20 years, he was like that's a very long time and then I told him that the reason why I said so is because I don't want him to be troubled about the rise and fall of Bitcoin but I am certain that by 20years he would have gotten a good return. Even though I tried to convince him he still declined that he rather invest in something else.When you see the Bitcoin price movement going up and down every day, it will have an influence on your friend's mental condition, so your suggestion is to save it for the next 20 years without having to watch the bitcoin price movement process during that time and only open it when it reaches the target. For me, it is the best investment because your friend will get a lot of profit with the bitcoins he still has in his wallet.
I agree with your opinion, the longer we keep Bitcoin, the more profit we will get, but we have to use funds that are truly free. but we can also trade in crypto, if we have trading skills
Actually, I agree with this in some respects. If you are a busy person and have saved a significant amount of money, and you wish to grow this, long-term investment is a best option for you. You can definitely make a profit without doing anything. I discovered that the more time you keep Bitcoin, the more profit you will make, especially if you know exactly where the bottom is.
Free money, or in other words, money that we won't use for anything, is a point that we must really pay attention to when we want to invest. Because by using free money we will be much more confident in holding it because there is no pressure that can make us have to withdraw our investment.I agree with your opinion, the longer we keep Bitcoin, the more profit we will get, but we have to use funds that are truly free. but we can also trade in crypto, if we have trading skills
Actually, I agree with this in some respects. If you are a busy person and have saved a significant amount of money, and you wish to grow this, long-term investment is a best option for you. You can definitely make a profit without doing anything. I discovered that the more time you keep Bitcoin, the more profit you will make, especially if you know exactly where the bottom is.
Free money, or in other words, money that we won't use for anything, is a point that we must really pay attention to when we want to invest. Because by using free money we will be much more confident in holding it because there is no pressure that can make us have to withdraw our investment.
This is a basic thing that every investor must know, because otherwise something profitable may turn into something we don't want to experience. We have to really pay attention to that.
If you have skills in trading and you can manage to make profit weekly then it would be better if you focus on it. You can really make more profit in trading because you can use leverage, meaning even in a small increase of a price you can gain big. But trading can't be easy, it takes time, you have to develop a good mindset and learn how to manage your emotion in the time of execution because it really matters.I agree with your opinion, the longer we keep Bitcoin, the more profit we will get, but we have to use funds that are truly free. but we can also trade in crypto, if we have trading skills
Actually, I agree with this in some respects. If you are a busy person and have saved a significant amount of money, and you wish to grow this, long-term investment is a best option for you. You can definitely make a profit without doing anything. I discovered that the more time you keep Bitcoin, the more profit you will make, especially if you know exactly where the bottom is.
I agree with your opinion, the longer we keep Bitcoin, the more profit we will get, but we have to use funds that are truly free. but we can also trade in crypto, if we have trading skills
If you have skills in trading and you can manage to make profit weekly then it would be better if you focus on it. You can really make more profit in trading because you can use leverage, meaning even in a small increase of a price you can gain big. But trading can't be easy, it takes time, you have to develop a good mindset and learn how to manage your emotion in the time of execution because it really matters.
Yeah, it really takes a lot of time to develop a trading skills by your own. That's why it's good to join mentorship program, and backtest what you've learned from them to determine if it's really working or not. And if you can see that the strategy is not so effective you can enhanced it, atleast you don't need to spend a lot of time and wasting money from loses if you only rely on self learning.
If you have skills in trading and you can manage to make profit weekly then it would be better if you focus on it. You can really make more profit in trading because you can use leverage, meaning even in a small increase of a price you can gain big. But trading can't be easy, it takes time, you have to develop a good mindset and learn how to manage your emotion in the time of execution because it really matters.
Having trading skills is not easy, it requires experience and knowledge. Because we have to be able to read charts, analyze the market and make accurate predictions. If you can do daily trading, you will get daily profits, if your trading is successful
Of course, we are not required to start with a lot of money, because with the little money we have, we can still invest in bitcoin. We can buy it in stages when we have the money ready.Free money, or in other words, money that we won't use for anything, is a point that we must really pay attention to when we want to invest. Because by using free money we will be much more confident in holding it because there is no pressure that can make us have to withdraw our investment.
This is a basic thing that every investor must know, because otherwise something profitable may turn into something we don't want to experience. We have to really pay attention to that.
Yep. And there's no need to start with a large amount, it can also be done gradually.
Start from the smallest scale but continue to increase as time goes by.
Investing in Bitcoin will make our money grow and avoid inflation because the main goal of investment is to make a profit.
So that we do not have to depend on just one main source of income.
And not only in terms of nominal money, but also in terms of time, we are not bound by time when we have to buy, we can buy at any time and we can also sell at any time. This is what makes me very happy with this investment because I am free to do whatever I want as long as I can.
As long as Bitcoin can still circulate and the harder it is to get bitcoin, the more expensive the price of bitcoin will be. The profits obtained by holding bitcoin for years will provide a lot of profit in the future. Blockchain's technology is very useful for future payments which will be mostly blockchain-based.
And not only in terms of nominal money, but also in terms of time, we are not bound by time when we have to buy, we can buy at any time and we can also sell at any time. This is what makes me very happy with this investment because I am free to do whatever I want as long as I can.
Yep. Investing in crypto assets is relatively easier compared to the conventional investment process.
Even though crypto assets fluctuate more than other investments, the increasing trust in crypto assets at this time increases the value of crypto assets and becomes valuable.
Apart from that, when we participate in investing in crypto assets, we indirectly support blockchain technology.
Thanks to Satoshi Nakamoto...
and that convenience is one of the factors that makes us interested in investing in it. Compared to conventional investment which is quite complicated, especially when we are in a pinch, the process will take time unlike in crypto.
And not only in terms of nominal money, but also in terms of time, we are not bound by time when we have to buy, we can buy at any time and we can also sell at any time. This is what makes me very happy with this investment because I am free to do whatever I want as long as I can.
Yep. Investing in crypto assets is relatively easier compared to the conventional investment process.
Even though crypto assets fluctuate more than other investments, the increasing trust in crypto assets at this time increases the value of crypto assets and becomes valuable.
Apart from that, when we participate in investing in crypto assets, we indirectly support blockchain technology.
Thanks to Satoshi Nakamoto...
Having trading skills is not easy, it requires experience and knowledge. Because we have to be able to read charts, analyze the market and make accurate predictions. If you can do daily trading, you will get daily profits, if your trading is successful
As long as Bitcoin can still circulate and the harder it is to get bitcoin, the more expensive the price of bitcoin will be. The profits obtained by holding bitcoin for years will provide a lot of profit in the future. Blockchain's technology is very useful for future payments which will be mostly blockchain-based.
The whole secret can be found in the hodl, there is no other way, I am a person who uses bitcoin, although sometimes my economic situation becomes strong and unfortunately I have had to resort to other things except spending some bitcoin, it is a shame I think that many have gone through Similar situations, this topic makes one say things as they are, I think that here we are among experts and each one gives their super valuable point of view, and this can give us a lot of teaching, that's why the only thing is that What can motivate us is the high value that bitcoin can give us in the future, and I am talking about the near future, in a few months, even in 2025 , because in 2025 perhaps a good ATH will come and that is what many are betting on For me it is one of the best options you have to win, that's why I recommend holding on to the bet as much as necessary.As long as Bitcoin can still circulate and the harder it is to get bitcoin, the more expensive the price of bitcoin will be. The profits obtained by holding bitcoin for years will provide a lot of profit in the future. Blockchain's technology is very useful for future payments which will be mostly blockchain-based.
Bitcoin is much easier these days, we will get big profits if we hold Bitcoin in the long term
and the gains are well-deserved.
But Hodl is a word that is easy to say but difficult to practice.
And it is not easier to produce battle-hardened HODL’ers
Need some serious Bitcoin conviction to weather its turbulence...
Only people with golden hands can handle that.
If you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterAs long as Bitcoin can still circulate and the harder it is to get bitcoin, the more expensive the price of bitcoin will be. The profits obtained by holding bitcoin for years will provide a lot of profit in the future. Blockchain's technology is very useful for future payments which will be mostly blockchain-based.
Bitcoin is much easier these days, we will get big profits if we hold Bitcoin in the long term
and the gains are well-deserved.
But Hodl is a word that is easy to say but difficult to practice.
And it is not easier to produce battle-hardened HODL’ers
Need some serious Bitcoin conviction to weather its turbulence...
Only people with golden hands can handle that.
If you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
Isn't that called holding, dude. Not long-term trading, but it depends on who calls it. I also choose long-term holding rather than daily trading, because I don't have enough time to always monitor the marketIf you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
Isn't that called holding, dude. Not long-term trading, but it depends on who calls it. I also choose long-term holding rather than daily trading, because I don't have enough time to always monitor the marketIf you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
It is true that this is what makes BTC superior for long-term storage. Apart from that, BTC has also proven to be resistant to inflation. This is different from fiat in banks which is always affected by inflation. It's just that long-term investments only have to use really cold money.If you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
Hold or trade actively on which this would really be that entirely be that depending into someones preference and just like on what you have said that you dont have enough time on monitoring your trades so holding would really be your best viable option that you could really be able to make and not really making out those short term duration trades. It would really be just that according into your availability of course. You cant really be able to force up yourself on doing trading even if you do see that you cant really be able to put up sufficient time and effortIsn't that called holding, dude. Not long-term trading, but it depends on who calls it. I also choose long-term holding rather than daily trading, because I don't have enough time to always monitor the marketIf you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
Hold or trade actively on which this would really be that entirely be that depending into someones preference and just like on what you have said that you dont have enough time on monitoring your trades so holding would really be your best viable option that you could really be able to make and not really making out those short term duration trades. It would really be just that according into your availability of course. You cant really be able to force up yourself on doing trading even if you do see that you cant really be able to put up sufficient time and effortThat's right, when you want to trade, you have to pay attention to the economic conditions you have. Not everyone needs money quickly. Personally, I would probably prefer to trade long term because I don't have much time to look at price movement conditions on the exchange. .
because of other things that you've been doing. It would really be impossible that you would really not able to notice it out on what you do really need and adjust according to it.
Hold or trade actively on which this would really be that entirely be that depending into someones preference and just like on what you have said that you dont have enough time on monitoring your trades so holding would really be your best viable option that you could really be able to make and not really making out those short term duration trades. It would really be just that according into your availability of course. You cant really be able to force up yourself on doing trading even if you do see that you cant really be able to put up sufficient time and effortIsn't that called holding, dude. Not long-term trading, but it depends on who calls it. I also choose long-term holding rather than daily trading, because I don't have enough time to always monitor the marketIf you have cold money that you don't need in the near future, I think you will have the ability to hold it long term. If we hold short and medium terms, we only need maybe a year or two. but in the long term, we need a long time, and the profits will also be greaterI prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
because of other things that you've been doing. It would really be impossible that you would really not able to notice it out on what you do really need and adjust according to it.
I prefer to trade long term, the profits we get will be higher than doing short term trading. Long term trading can also be used to save our assets for a better future and we must remember, saving money in bitcoin will not subject to monthly fees, very different from banks which have admin fees every month deducting from your balance.
Fear... the person who is afraid when there is a slight dump or price correction that could make him someone who has weak hands... I hate him. Meanwhile, someone who is greedy is actually also bad for me, but at least he is more patient and willing to wait for the price of his coins to rise to a certain point which may not be unreasonable.Both have the same bad emotions, fear and gread. Fear makes us panic and sell the coins we hold when prices fall, resulting in losses. Greed also eliminates opportunities for profit. It's best to remain rational in your steps..
The striking difference between the two is patience, a person who is afraid will panic when prices fall, while a greedy person will be patient and wait when the market is bullish... even though no one knows when the exact time will come for a bear market.
We have to set targets because I think that is one of the steps that can help us minimize fear and greed. Greed will usually occur when we reach a point where we are already profitable, but our feelings want even greater profits.Fear... the person who is afraid when there is a slight dump or price correction that could make him someone who has weak hands... I hate him. Meanwhile, someone who is greedy is actually also bad for me, but at least he is more patient and willing to wait for the price of his coins to rise to a certain point which may not be unreasonable.Both have the same bad emotions, fear and gread. Fear makes us panic and sell the coins we hold when prices fall, resulting in losses. Greed also eliminates opportunities for profit. It's best to remain rational in your steps..
The striking difference between the two is patience, a person who is afraid will panic when prices fall, while a greedy person will be patient and wait when the market is bullish... even though no one knows when the exact time will come for a bear market.
Greed will exist in every investment when we see the price of the coins we own rise, and it will always be there. If there's a problem with fear, it's not because we haven't set a target, but because there is fear when investing when we see prices fall and panic arises.We have to set targets because I think that is one of the steps that can help us minimize fear and greed. Greed will usually occur when we reach a point where we are already profitable, but our feelings want even greater profits.Fear... the person who is afraid when there is a slight dump or price correction that could make him someone who has weak hands... I hate him. Meanwhile, someone who is greedy is actually also bad for me, but at least he is more patient and willing to wait for the price of his coins to rise to a certain point which may not be unreasonable.Both have the same bad emotions, fear and gread. Fear makes us panic and sell the coins we hold when prices fall, resulting in losses. Greed also eliminates opportunities for profit. It's best to remain rational in your steps..
The striking difference between the two is patience, a person who is afraid will panic when prices fall, while a greedy person will be patient and wait when the market is bullish... even though no one knows when the exact time will come for a bear market.
Everything can be avoided, it is difficult but as long as we understand the basic knowledge to avoid it all then everything will be fine. This is actually a normal thing as humans, we just need to control it.
That's right, when you want to trade, you have to pay attention to the economic conditions you have. Not everyone needs money quickly. Personally, I would probably prefer to trade long term because I don't have much time to look at price movement conditions on the exchange. .
Greed will exist in every investment when we see the price of the coins we own rise, and it will always be there. If there's a problem with fear, it's not because we haven't set a target, but because there is fear when investing when we see prices fall and panic arises.When you see that the price of the coin you own has made a lot of profit but you are still holding it until the price is even higher then that can be said to be greedy. Usually, when you wait until the price is even higher, no one can guarantee that you can sell it right when the price is highest, then it will only make us regret that we were too late in selling the coins we had when the price was high.
Yes, we tend to become greedy when we see an increase, and we want profits that continue to multiply. This is what we have to anticipate because the market is unpredictable and can turn around at any time.We have to set targets because I think that is one of the steps that can help us minimize fear and greed. Greed will usually occur when we reach a point where we are already profitable, but our feelings want even greater profits.Greed will exist in every investment when we see the price of the coins we own rise, and it will always be there. If there's a problem with fear, it's not because we haven't set a target, but because there is fear when investing when we see prices fall and panic arises.
Everything can be avoided, it is difficult but as long as we understand the basic knowledge to avoid it all then everything will be fine. This is actually a normal thing as humans, we just need to control it.
Hopefully this falls under trading.Both fear and greed have their good part and can contribute to a trader making more profit as well, whenever we talk about greed and fear, it's absolutely unfair the focus on its bad side, every emotion in trading, even patience, can lead to loses if not exercised properly.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Fear or greed can ruin a crypto trading experience because there is no how we can be able to condole for the two or either of them without being affected, fear will make us to sell when we don't need to sell and when we go with such decision, we are already on loss, greed will make us hunt after quick time profits in doing what is not right or safe for the benefit of our investment because of the risk involved, but we will still end up going for such, because we want to earn fast but loose instead.We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediately
Well, you are right, I think the aspect of setting a target is what many crypto investors often neglect, probably because they assume it's not important, investing in a coin and not having a definite or a defined and a realistic target have brought so many loses that weren't supposed to be, this is after they have possibly been in profit on a the coin, they end up losing again because due to their lack of a set target, they fail to sell and take out their capital and profit at the time they should.Fear or greed can ruin a crypto trading experience because there is no how we can be able to condole for the two or either of them without being affected, fear will make us to sell when we don't need to sell and when we go with such decision, we are already on loss, greed will make us hunt after quick time profits in doing what is not right or safe for the benefit of our investment because of the risk involved, but we will still end up going for such, because we want to earn fast but loose instead.We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediately
Yes, we must set a selling target when we first buy coins, so that we can avoid greed. Set realistic targets, because in my opinion investing is how to manage our money, not fighting with luck. We do research, buy analysis and set targets, if achieved, sell. And then we do it again as before by managing the profits we have obtainedWell, you are right, I think the aspect of setting a target is what many crypto investors often neglect, probably because they assume it's not important, investing in a coin and not having a definite or a defined and a realistic target have brought so many loses that weren't supposed to be, this is after they have possibly been in profit on a the coin, they end up losing again because due to their lack of a set target, they fail to sell and take out their capital and profit at the time they should.Fear or greed can ruin a crypto trading experience because there is no how we can be able to condole for the two or either of them without being affected, fear will make us to sell when we don't need to sell and when we go with such decision, we are already on loss, greed will make us hunt after quick time profits in doing what is not right or safe for the benefit of our investment because of the risk involved, but we will still end up going for such, because we want to earn fast but loose instead.We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediately
Not saying this out of context but I have actually been a victim of this, the truth is, for everyone in crypto, trying to sell at the higheest price, there is a 0.00000001 percent that you will sell at the toppest top price, like at the all time high or a coin, it's almost impossible, this is why setting a target for ourselves in every coin we invest in is very crucial, and not just setting a target, but a realistic target, once that target is reached, we sell, withdraw our money and look for another project to repeat the same process.
Yes, we must set a selling target when we first buy coins, so that we can avoid greed. Set realistic targets, because in my opinion investing is how to manage our money, not fighting with luck. We do research, buy analysis and set targets, if achieved, sell. And then we do it again as before by managing the profits we have obtainedTrue, but each person definitely has different desires, there are those who want to keep holding their cryptocurrency assets without making a sell order, just like when we store bitcoin in our wallet, we cannot make a sell order. So everything depends on the current economic conditions.
Mwnwnet determines that sell orders are placed on a wallet exchange, but when we buy coins we should already have a target to sell, so we have to distinguish between sell orders and sell targets. When the price approaches the sell target, we can move our assets to the exchange wallet to place a sell orderYes, we must set a selling target when we first buy coins, so that we can avoid greed. Set realistic targets, because in my opinion investing is how to manage our money, not fighting with luck. We do research, buy analysis and set targets, if achieved, sell. And then we do it again as before by managing the profits we have obtainedTrue, but each person definitely has different desires, there are those who want to keep holding their cryptocurrency assets without making a sell order, just like when we store bitcoin in our wallet, we cannot make a sell order. So everything depends on the current economic conditions.
We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediatelyIt is true that if we can control these two emotions, a trader can indeed be expected to make more profits. And as long as the trader can be disciplined and stick to what was planned from the start. And yes, stopping after reaching the target is what must be done. Because often people lose money because they don't stop when the target is reached. And that's because greed takes over them. And this must be avoided as best as possible. With good emotional management.
A trader who can control emotions, fear and greed will be more focused on analyzing and thinking more realistically about the targets and decisions he makes. Actually, it's not just traders, those who are holders also experience the same thing when they see the market, especially when the market goes down they will experience panic which makes them unable to think clearly.We must be able to manage these two bad emotions because it is not easy to invest in crypto, we will always be faced with fear and greed. but back to the initial plan and target when we bought the coin, if we have reached the target, we should sell it immediatelyIt is true that if we can control these two emotions, a trader can indeed be expected to make more profits. And as long as the trader can be disciplined and stick to what was planned from the start. And yes, stopping after reaching the target is what must be done. Because often people lose money because they don't stop when the target is reached. And that's because greed takes over them. And this must be avoided as best as possible. With good emotional management.
Yes, we must set a selling target when we first buy coins, so that we can avoid greed. Set realistic targets, because in my opinion investing is how to manage our money, not fighting with luck. We do research, buy analysis and set targets, if achieved, sell. And then we do it again as before by managing the profits we have obtainedAgree. Before we buy certain coins, we must know the target (selling price). It should depend on the analysis we do, we decide an entry price. Yes, it should be a realistic goal, never set a too high price. If we try to be greedy by setting a too high price, it may lead to lose. The price increase may not reach the exit target, we can get a lose if this happens. So, it is important to have a realistic exit price (selling price).
True, but each person definitely has different desires, there are those who want to keep holding their cryptocurrency assets without making a sell order, just like when we store bitcoin in our wallet, we cannot make a sell order. So everything depends on the current economic conditions.
I do this, I will not hold for long when I already have profits when I own altcoins. In contrast to bitcoin, I will wait longer to sell it until the price I set has been reached, in this case when bitcoin touches a new ATH.True, but each person definitely has different desires, there are those who want to keep holding their cryptocurrency assets without making a sell order, just like when we store bitcoin in our wallet, we cannot make a sell order. So everything depends on the current economic conditions.
If someone wants to take benefit then they should fix a value for selling and without creating a thought of selling at a certain price one will be lazy and greedy enough to hold Bitcoin and not sell these ever.
At a certain time of life you must need the profit from your invested amount so sell your coins when the market gets pumped and don't sell it when you need money because every time the market is not higher in value to give your profit according to your needs.
It is very difficult to have free funds that are not disturbed by our needs, we have to collect them for a long time. But I try not to use my crypto assets to make ends meet.
I do this, I will not hold for long when I already have profits when I own altcoins. In contrast to bitcoin, I will wait longer to sell it until the price I set has been reached, in this case when bitcoin touches a new ATH.
Yes, we can't just sell when we need money, therefore we have to invest by preparing it all. We have to prepare so that we don't have to sell our assets because we are pressed for need.
It is very difficult to have free funds that are not disturbed by our needs, we have to collect them for a long time. But I try not to use my crypto assets to make ends meet.It's true that all the money we get will definitely be used for living needs, what we have to do is continue to manage the finances we have well, buy things that are truly needed. After we can arrange everything, the next thing we need to do is work hard to earn a very large amount of money. It's not easy, but at least we have to keep trying.
Altcoins are coins that are suitable for the short and medium term, I do like you if I make a profit I sell. Bitcoin is the only thing I plan for the long term and still hold
We are living in a world on which everything is really that increasing on which if you are someone whose really that earning that not much then it would be better that you should really be finding up some ways or methods that you would really be having that kind of consideration on adding up more income. Its not a sign of greed because we do know on how important money is on whichIt is very difficult to have free funds that are not disturbed by our needs, we have to collect them for a long time. But I try not to use my crypto assets to make ends meet.It's true that all the money we get will definitely be used for living needs, what we have to do is continue to manage the finances we have well, buy things that are truly needed. After we can arrange everything, the next thing we need to do is work hard to earn a very large amount of money. It's not easy, but at least we have to keep trying.
Altcoins are coins that are suitable for the short and medium term, I do like you if I make a profit I sell. Bitcoin is the only thing I plan for the long term and still hold
Of course it is something that is difficult to get money for free, but that doesn't mean we can't do it. One way we can do this is to set aside money from our income after all our needs are fully met. Whether it is a small or large amount is not a problem, because the important point is that we can allocate a portion of our income.It is very difficult to have free funds that are not disturbed by our needs, we have to collect them for a long time. But I try not to use my crypto assets to make ends meet.
I do this, I will not hold for long when I already have profits when I own altcoins. In contrast to bitcoin, I will wait longer to sell it until the price I set has been reached, in this case when bitcoin touches a new ATH.
Yes, we can't just sell when we need money, therefore we have to invest by preparing it all. We have to prepare so that we don't have to sell our assets because we are pressed for need.
Altcoins are coins that are suitable for the short and medium term, I do like you if I make a profit I sell. Bitcoin is the only thing I plan for the long term and still hold
In fact, a safer way to collect free money is to join bounties and airdrops, because using salary money, it seems like the salary must be greater than one's needs, because most people receive a salary that is only enough to meet their living needs, this is very difficult.
Of course it is something that is difficult to get money for free, but that doesn't mean we can't do it. One way we can do this is to set aside money from our income after all our needs are fully met. Whether it is a small or large amount is not a problem, because the important point is that we can allocate a portion of our income.
I believe that if we have strong intentions accompanied by effort, then we will be able to get something we want.
Of course it is something that is difficult to get money for free, but that doesn't mean we can't do it. One way we can do this is to set aside money from our income after all our needs are fully met. Whether it is a small or large amount is not a problem, because the important point is that we can allocate a portion of our income.It is very difficult to have free funds that are not disturbed by our needs, we have to collect them for a long time. But I try not to use my crypto assets to make ends meet.
I do this, I will not hold for long when I already have profits when I own altcoins. In contrast to bitcoin, I will wait longer to sell it until the price I set has been reached, in this case when bitcoin touches a new ATH.
Yes, we can't just sell when we need money, therefore we have to invest by preparing it all. We have to prepare so that we don't have to sell our assets because we are pressed for need.
Altcoins are coins that are suitable for the short and medium term, I do like you if I make a profit I sell. Bitcoin is the only thing I plan for the long term and still hold
I believe that if we have strong intentions accompanied by effort, then we will be able to get something we want.
Yes, we can use it to get additional income besides our main income from the work we do. But of course we also have to be able to manage our time very well in the midst of our busy lives carrying out our main jobs.In fact, a safer way to collect free money is to join bounties and airdrops, because using salary money, it seems like the salary must be greater than one's needs, because most people receive a salary that is only enough to meet their living needs, this is very difficult.
Of course it is something that is difficult to get money for free, but that doesn't mean we can't do it. One way we can do this is to set aside money from our income after all our needs are fully met. Whether it is a small or large amount is not a problem, because the important point is that we can allocate a portion of our income.
I believe that if we have strong intentions accompanied by effort, then we will be able to get something we want.
If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.Yes, we can use it to get additional income besides our main income from the work we do. But of course we also have to be able to manage our time very well in the midst of our busy lives carrying out our main jobs.In fact, a safer way to collect free money is to join bounties and airdrops, because using salary money, it seems like the salary must be greater than one's needs, because most people receive a salary that is only enough to meet their living needs, this is very difficult.
Of course it is something that is difficult to get money for free, but that doesn't mean we can't do it. One way we can do this is to set aside money from our income after all our needs are fully met. Whether it is a small or large amount is not a problem, because the important point is that we can allocate a portion of our income.
I believe that if we have strong intentions accompanied by effort, then we will be able to get something we want.
Indeed, in any case it requires sacrifice, and what we are sacrificing here is having to spend more time working every day. We have to add a portion of working time, even though we can actually do that while relaxing in the free time.
If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.That's right, that way we can still trade safely because we won't often see exchanges with lots of coins which are very tempting to enter. Investing all the money you have in bitcoin in my opinion would be better because it could give you a lot of profit if we can hold it for a long time.
Hopefully this falls under trading.Fear can prevent a trader from investing high amounts as his profit and loss will be comparatively less but greed makes a trader to make wrong decisions and panic by investing large amounts to make quick big profits which later causes him to face huge losses. so I think fear is better than greed to sefe from big losses. Greed is a very bad thing, the more greed there is, the more it will suffer So I would say that greed is more dangerous than fear.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Both of them clearly have bad emotions, fear and greed. Fear makes people afraid to take opportunities when starting to invest or panic and sell at a loss. We should always stay calm and think clearly.Hopefully this falls under trading.Fear can prevent a trader from investing high amounts as his profit and loss will be comparatively less but greed makes a trader to make wrong decisions and panic by investing large amounts to make quick big profits which later causes him to face huge losses. so I think fear is better than greed to sefe from big losses. Greed is a very bad thing, the more greed there is, the more it will suffer So I would say that greed is more dangerous than fear.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Both of them clearly have bad emotions, fear and greed. Fear makes people afraid to take opportunities when starting to invest or panic and sell at a loss. We should always stay calm and think clearly.
If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.Not many people can afford to have a lot of time to always be at the exchange, so we have to be able to manage our time to always trade well. Becoming a holder of several potential coins is the right step.
You're both right, I totally agree that becoming a potential coin holder is the right move if we don't have time to trade. Trading requires free time and of course we have to focus on making market analysis and making price predictions that will happen. This is very difficult to do if we are busy in the real worldIf we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.Not many people can afford to have a lot of time to always be at the exchange, so we have to be able to manage our time to always trade well. Becoming a holder of several potential coins is the right step.
Hopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityHopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Sometimes we really have to control the desire for profit that we get, when we get more profit than the capital we use then we should be able to sell and withdraw the profit, but if we look at bitcoin at the moment I'm sure there are still many who have kept their bitcoin from 2010 until now it's 2024 with the price of bitcoin already very expensive as it is today.Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityHopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Excessive greed in the markets can be more dangerous than fear. Whenever I sense greed creeping in, I utilize Bitget's smart portfolio to pair some of my Bitcoin holdings with USDT. This allows me to take profits gradually until the next resistance level is reached. Then, I wait for a pullback to occur and use the smart portfolio to accumulate more Bitcoin at a lower price, buying the dip.Both greed and fear are dangerous. I don't think greed is more dangerous. If we have an excessive fear, it also can be very dangerous, too. Even if you use Bitget's smart portfolio, it doesn't guarantee that you won't be greedy or fear. The market condition that leads people to feel greedy or fear. Whatever the way of us in managing our portfolio, I think it won't stop us to feel fear with the current market condition. But we must try to deal with the situation and try to control our feeling. We must keep our confident because the bullish season isn't over yet.
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity
That's the reality that happens, some people who don't sell their bitcoin at $73K, and hope that bitcoin will rise again, of course they regret it, because they should have made a profit and could buy again when a correction occurs like this week the price of bitcoin fell to $56K. that's greed, it won't make us think realistically and rationallyGreed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity
Greed will only be minimized if we choose some value for selling our coins and then do it on time instead of elevating the timing for the purpose of elevating revenue. Most of the people have lost the opportunity to sell at 73k$ because at that time their greed does not allow them to take profit and they wish to have more enhancement as a result of which they regret till now.
You will only be profitable if you minimize greed because greedy people can never be successful ever because their dreams never get completed and they wish every time to be more profitable.
That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.That's the reality that happens, some people who don't sell their bitcoin at $73K, and hope that bitcoin will rise again, of course they regret it, because they should have made a profit and could buy again when a correction occurs like this week the price of bitcoin fell to $56K. that's greed, it won't make us think realistically and rationally
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That's the reality that happens, some people who don't sell their bitcoin at $73K, and hope that bitcoin will rise again, of course they regret it, because they should have made a profit and could buy again when a correction occurs like this week the price of bitcoin fell to $56K. that's greed, it won't make us think realistically and rationally
That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.At least we have to remain grateful for how much profit we have made because if we talk about money it will usually make any human being feel like they don't have enough. Trading also cannot always give us a profit, so we have to continue to accept how much profit or loss we might have. we face.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityHopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Yes, beginners who have just entered the world of crypto are mostly greedy and want to make as much profit as possible quickly. In the end they lost and that was a bitter experience for them. There is nothing instant in investing because investing requires research and making an analysis of the coins we are going to buy.Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityHopefully this falls under trading.Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
- That's why it's so important that we have plans. Like in studies, we have to study hard so that we can graduate in the end. That's why, when we want to make money in crypto trading, we must not allow greed.
Because most beginners who enter crypto trading are always preceded by greed, the ending is always losing or losing in trading because they did not learn and understand the movement in trading using indicators.
Yes, that's right, receiving profits and taking them even in small amounts, but if you do it regularly then the amounts will be large too. But in trading, if we have made a profit, curiosity usually arises, and this is what often happens so that we are late in taking profits.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.At least we have to remain grateful for how much profit we have made because if we talk about money it will usually make any human being feel like they don't have enough. Trading also cannot always give us a profit, so we have to continue to accept how much profit or loss we might have. we face.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
Yes, beginners who have just entered the world of crypto are mostly greedy and want to make as much profit as possible quickly. In the end they lost and that was a bitter experience for them. There is nothing instant in investing because investing requires research and making an analysis of the coins we are going to buy.
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityGreed will never bring good things. That's why we must avoid being greedy! If we have reached the target, it is better to secure the profits. Just think realistically for the target of our crypto investment, we don't set a nonsense target. When we set too high target, it may make us to end up with no profits. Sure, when the price drops, we miss the chance to take profits.
Agree with what you say, so it's better for us to remain humble and never appear arrogant or greedy.Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityGreed will never bring good things. That's why we must avoid being greedy! If we have reached the target, it is better to secure the profits. Just think realistically for the target of our crypto investment, we don't set a nonsense target. When we set too high target, it may make us to end up with no profits. Sure, when the price drops, we miss the chance to take profits.
That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
It's true, greed or fear will always be within us, and it will really depend on ourselves, how we can control it, whether it will dominate us or we will be able to control the nature that is within us.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
Yes, therefore, we should continue to learn from experience and that greed is actually not good and can actually make us suffer losses.It's true, greed or fear will always be within us, and it will really depend on ourselves, how we can control it, whether it will dominate us or we will be able to control the nature that is within us.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
Sometimes we miss out on a lot of profits not because we immediately feel a loss, but at first we are in a very profitable situation but our greed makes us feel a loss in the end.
The problem is that we have to make decisions quickly but also correctly and that is not easy. It's like making a hasty decision if we don't know the science.It's true, greed or fear will always be within us, and it will really depend on ourselves, how we can control it, whether it will dominate us or we will be able to control the nature that is within us.Yes, therefore, we should continue to learn from experience and that greed is actually not good and can actually make us suffer losses.
Sometimes we miss out on a lot of profits not because we immediately feel a loss, but at first we are in a very profitable situation but our greed makes us feel a loss in the end.
So that we can make quick decisions in crypto trading, so that the momentum to gain profits is not lost in vain.
experience will enable people to make quick and correct decisions. This really requires experience because it will be influenced by emotions at that time, greed, fear, etc. so only those who have experience can do it well.The problem is that we have to make decisions quickly but also correctly and that is not easy. It's like making a hasty decision if we don't know the science.It's true, greed or fear will always be within us, and it will really depend on ourselves, how we can control it, whether it will dominate us or we will be able to control the nature that is within us.Yes, therefore, we should continue to learn from experience and that greed is actually not good and can actually make us suffer losses.
Sometimes we miss out on a lot of profits not because we immediately feel a loss, but at first we are in a very profitable situation but our greed makes us feel a loss in the end.
So that we can make quick decisions in crypto trading, so that the momentum to gain profits is not lost in vain.
However, the experience we have will be able to help us in making decisions. We are required to be fast and precise, so what we have experienced in the past will help us. Sometimes when making decisions we are still contaminated by emotions, and actually that is the problem.
That is the point, where experience will make us better at making decisions. The decisions we make based on experience are usually better decisions than those we make without experience. Because we will try our best not to fall into the same hole.The problem is that we have to make decisions quickly but also correctly and that is not easy. It's like making a hasty decision if we don't know the science.experience will enable people to make quick and correct decisions. This really requires experience because it will be influenced by emotions at that time, greed, fear, etc. so only those who have experience can do it well.
However, the experience we have will be able to help us in making decisions. We are required to be fast and precise, so what we have experienced in the past will help us. Sometimes when making decisions we are still contaminated by emotions, and actually that is the problem.
Yes it is true that we are very greedy but we do not believe that we have become more greedy. Being too greedy in any case is very dangerous. I myself am an example of how harmful greed is and how much it can harm people. I have been involved in trading for a long time, first took good profit in a few trades, then again I jumped into trading and still suffered from those trades due to being too greedy. Although I made a lot of profit in the first instance, I did not sell, I expected to get more, and now I am suffering a lot as a result. So I understand from my own example that greed brings people down a lot.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
That's the reality of what happens, if we are greedy we will experience losses if the target we want is not achieved because we try longer to wait for the price to fall. We should have a plan at the beginning when buying coins and determining our coin selling target.Yes it is true that we are very greedy but we do not believe that we have become more greedy. Being too greedy in any case is very dangerous. I myself am an example of how harmful greed is and how much it can harm people. I have been involved in trading for a long time, first took good profit in a few trades, then again I jumped into trading and still suffered from those trades due to being too greedy. Although I made a lot of profit in the first instance, I did not sell, I expected to get more, and now I am suffering a lot as a result. So I understand from my own example that greed brings people down a lot.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
Plan and targets are really that crucial on which on the time that you do deal up with trading then it would really be just that right that you should really be setting out those things consideringThat's the reality of what happens, if we are greedy we will experience losses if the target we want is not achieved because we try longer to wait for the price to fall. We should have a plan at the beginning when buying coins and determining our coin selling target.Yes it is true that we are very greedy but we do not believe that we have become more greedy. Being too greedy in any case is very dangerous. I myself am an example of how harmful greed is and how much it can harm people. I have been involved in trading for a long time, first took good profit in a few trades, then again I jumped into trading and still suffered from those trades due to being too greedy. Although I made a lot of profit in the first instance, I did not sell, I expected to get more, and now I am suffering a lot as a result. So I understand from my own example that greed brings people down a lot.That's what humans are, always lacking and lacking so they waste the opportunity to gain profits in crypto trading, but we can't turn them on either.Human nature is like that, sometimes we don't feel that we have been greedy and that is not good for other people. Some of the trading techniques that are applied do not guarantee that you will always make a profit, what we have analyzed the price movement actually comes out of our analysis.
Maybe they have different trading techniques or are able to hold coins for a long time, but personally in crypto trading I often take profits even a little rather than holding too long.
There are some investors whose greed works so much that if they invest in anything they start dreaming they will get high profits from it. But if that asset comes from a scam project, greedy investors expect something good from that investment. But if they could control their greed then they would sell it after getting a small return. Such images are often seen on investment platforms. Where greedy investors lose their wealth.Agree with what you say, so it's better for us to remain humble and never appear arrogant or greedy.Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunityGreed will never bring good things. That's why we must avoid being greedy! If we have reached the target, it is better to secure the profits. Just think realistically for the target of our crypto investment, we don't set a nonsense target. When we set too high target, it may make us to end up with no profits. Sure, when the price drops, we miss the chance to take profits.
Traits like that are not good for human life. It is indeed very difficult to control them all, but we must try to control them so that many people don't hate them.