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Author Topic: Fear or greed  (Read 8884 times)

Offline I-Bit

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Re: Fear or greed
« Reply #75 on: February 09, 2024, 11:56:05 PM »
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
Exactly. 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.


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Re: Fear or greed
« Reply #75 on: February 09, 2024, 11:56:05 PM »

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Re: Fear or greed
« Reply #76 on: February 10, 2024, 08:59:10 PM »
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
Exactly. 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.

       -   I think it seems difficult to avoid such feelings for most people who do trading or gambling. Because greed can enter those two categories in an individual, whether you are a trader or a gambler, right?

Therefore, it is only right that we have a plan or target for what we will do in a trading activity, right? This is exactly what an individual trader should do in this field of cryptocurrency.


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Re: Fear or greed
« Reply #77 on: February 11, 2024, 06:28:54 AM »
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 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.

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Re: Fear or greed
« Reply #78 on: February 11, 2024, 01:04:40 PM »

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.
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.
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.
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Offline Carbitcoin

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Re: Fear or greed
« Reply #79 on: February 11, 2024, 06:02:07 PM »

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.
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.
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.
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Re: Fear or greed
« Reply #80 on: February 13, 2024, 07:10:57 PM »

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.
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Re: Fear or greed
« Reply #81 on: February 13, 2024, 08:37:01 PM »
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.

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Re: Fear or greed
« Reply #81 on: February 13, 2024, 08:37:01 PM »


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Re: Fear or greed
« Reply #82 on: February 13, 2024, 09:17:21 PM »
Greed could make you lose money, whereas fear makes you not earn money. I would prefer fear over greed honestly because if you are fearing then you are making a profit or you are not making a profit but you are not making a loss. When you are greedy you may make more profit, but also you could lose a lot more as well and there is no need for something like that. The best thing to do in this case would be making sure that you are going to end up with a result that has to be a little bit more honest with fear. This is of course my personal preference and I can totally understand why people would prefer greedy.

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Re: Fear or greed
« Reply #83 on: February 14, 2024, 09:12:03 AM »
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.

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Re: Fear or greed
« Reply #84 on: February 14, 2024, 02:08:15 PM »

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.

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Re: Fear or greed
« Reply #85 on: February 19, 2024, 01:51:26 PM »

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.

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Re: Fear or greed
« Reply #86 on: February 19, 2024, 05:39:45 PM »
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
Exactly. 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.
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.
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Re: Fear or greed
« Reply #87 on: February 20, 2024, 12:44:48 AM »

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 agree with you that opportunity never comes twice, because the best opportunity only comes once, an old saying.  We must be able to manage greed and fear when investing and trading.  Don't wait for the price to rise higher if the initial target has been reached, sell it.  Because crypto is unpredictable and always volatile.

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Re: Fear or greed
« Reply #88 on: February 20, 2024, 09:45:02 AM »

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.
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.

Everything that can be called a problem I believe there is also something that can solve that problem. We have to look for it ourselves, and not just in this issue (investment or trade) but in all aspects of our lives.

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Re: Fear or greed
« Reply #89 on: February 20, 2024, 03:00:08 PM »
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 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.

 

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