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Author Topic: What can we really say is greediness in cryptocurrency?  (Read 2262 times)

Offline Phu Juck

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Re: What can we really say is greediness in cryptocurrency?
« Reply #30 on: March 25, 2021, 01:46:39 PM »
A good picture has been where a vendor was, who was selling Bitcoin at 5k and nobody wanted it and later he offered it again, now at 50k and everyone wants Bitcoin now. Experts have said, a good is becoming more appreciated when it's getting more value. It's getting more establishment and people have more trust. It is what's happening right now at Bitcoin.
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Re: What can we really say is greediness in cryptocurrency?
« Reply #30 on: March 25, 2021, 01:46:39 PM »

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Offline wxxyrqa

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Re: What can we really say is greediness in cryptocurrency?
« Reply #31 on: March 25, 2021, 07:29:56 PM »
If a person had some money to invest in cryptocurrency, then I cannot understand why these people did not do it when it was much more profitable, and not now. When Bitcoin was 5K, everyone denied its growth, but now they buy at 50k and are sure of the opposite.

Offline Jaephoenix

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Re: What can we really say is greediness in cryptocurrency?
« Reply #32 on: March 25, 2021, 08:45:36 PM »
I remember I underwent this exact scenario with Hydro, a project that airdropped it's taken to Des, about 2 years ago. They gave 222,222 tokens to everyone. The price pumped to 2 cents which gave the tokens a max of 4mil. I didn't sell it at that All Time High, thinking it would pump higher. Never did!

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Re: What can we really say is greediness in cryptocurrency?
« Reply #33 on: March 26, 2021, 09:43:52 AM »
We are human and we have greed and fear. When it comes to money these vices of ours are manifested very strongly. To minimize the impact of our emotions on money we need to act according to plan. When i started to act according to the plan my state of affairs improved.

Offline Anonylz

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Re: What can we really say is greediness in cryptocurrency?
« Reply #34 on: March 26, 2021, 01:10:13 PM »
Imagine I have a coins and tokens that are valueable already in the crypto currency market based on the price value issue I decided to wait for a while before selling it because the current price could not yield a better increase at that time and I have to wait for the price to grow, is that greediness or something else?
This is mostly human nature. We generally will like to get more out of what ever we get involved in and crypto trading is no different. I do understand how we should set some target for profits taking but as human, there is always the believe that, I can earn some more let me hold on for a bit. When the price eventual goes against you when you could have taken the profits before, that could now be seen as been greedy but if it goes in your favor, its all good  ;D

Offline Freemind

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Re: What can we really say is greediness in cryptocurrency?
« Reply #35 on: March 27, 2021, 12:19:57 PM »
Greed is common in everything, not just cryptocurrencies. But the really good thing is learning the hard way. When we keep our coins/tokens for a long time even when their economic value is rising non-stop and we don't sell, it is at that moment, when we lose money, when we learn to see things differently. And for better or for worse, it is the only way that many people learn.
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Offline innerpumper

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Re: What can we really say is greediness in cryptocurrency?
« Reply #36 on: March 27, 2021, 01:08:22 PM »
greedy in cryptocurrency, my definition is that when the target is reached we keep holding the coin without knowing the target anymore. Until even if we get hundreds of percent of our profits, we keep it. it is greedy in my opinion.

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Re: What can we really say is greediness in cryptocurrency?
« Reply #36 on: March 27, 2021, 01:08:22 PM »


Offline tsakf

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Re: What can we really say is greediness in cryptocurrency?
« Reply #37 on: March 28, 2021, 01:10:07 PM »
On the one hand, the price cannot go up forever.  On the other hand, you cannot sell too early .. You need to monitor cryptocurrencies, what you have, every day and evaluate all the news and trends ...

It is very hard to predict, the correct moment. There is an old saying, in stock markets. "Get your profits, and let others, get their own". This, is so true. It applies to crypto, too.

Offline I-Bit

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Re: What can we really say is greediness in cryptocurrency?
« Reply #38 on: March 29, 2021, 12:59:40 AM »
Greediness is one of the worst codnition of somebody in the cryto world. Actually not only inc rypto but also general. In this cse, robably ebcaus eof the circulating supply that greediness will caus eyou lose money

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Re: What can we really say is greediness in cryptocurrency?
« Reply #39 on: March 29, 2021, 04:21:42 AM »
This is not greed, but it may be the right decision as you can earn more.
More Profits a simple greedyness in your mind but not right. When your investment Coin achieve more Profits, you should sell half of the coins and reserve half rest of the coins for future development.

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Re: What can we really say is greediness in cryptocurrency?
« Reply #40 on: March 29, 2021, 04:31:53 AM »
That's not greed actually, I think it's you been calculative. You have to monitor the rising just to know when the coin is worth selling. No you aren't greedy based on your post.

Offline Stuart

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Re: What can we really say is greediness in cryptocurrency?
« Reply #41 on: March 29, 2021, 06:12:36 AM »
At this point in time, I can't really tell which is greed. I have these coins which I received from bounty years back, if i had sold all at then, maybe the profit would have been better, but now the price of all the coins are down and my holding are more like nothing available, recently the price of the coin(s) are making a little increase. I have not sold, having the thinking that the price will go higher and due to the high gas fee, am still holding, cause if I am to withdraw, my profit will be just a little above gas fee.
If the price of a coin hits the satisfactory point which you think you have gotten a good profit out take, just do it, or leave a few fraction or half if you think the price will still make a rise.

 

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