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Author Topic: Why can't we satisfy our greed in bull market?  (Read 865 times)

Offline Best

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Why can't we satisfy our greed in bull market?
« on: March 25, 2024, 11:56:19 AM »
Currently, there's this token I believe it will likely do well during the BTC halving but then again, I am having a second thought about the project.

Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between  Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...

Now, this is where the confusion starts, I don't know how many of you know about this token and have joined their community. If you've, you will see where most of them are complaining that the listing was a loss to them. Some also complained that they bought at 0.05, while some were positive about the listing...

But then again, I checked IDO listing projects to know the price this token went on presale I saw it at 0.025 for each. I mean, are the community members lying due to greed or what? Because from my research, the project has the potential to surge in future due to its credibility and then again it got listed from bitget at 0.05 to 0.3 over 500%. Also checked other places like Dexscreener and also saw that it has done over 25M in m.cap and checked the buying vs selling pressure. Buying pressure seems more than.

I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.

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Why can't we satisfy our greed in bull market?
« on: March 25, 2024, 11:56:19 AM »

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Offline bitterguy28

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Re: Why can't we satisfy our greed in bull market?
« Reply #1 on: March 25, 2024, 12:59:22 PM »
your title is confusing mate ..

is there any term that can stand about CONTENTED GREEDY PERSON?

because that is why called Greedy because they are never to be satisfied , and also  Bull market? i will never stop waiting here to earn more and more from my holdings.

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Re: Why can't we satisfy our greed in bull market?
« Reply #2 on: March 25, 2024, 01:48:24 PM »
I am sure that those people are complaining because their expectations were not met when the coin reached an exchange...but since the price got doubled already then this is really a manifestation of greed when we are not satisfied with what we have at hand and would wish for more. Under such a circumstance, a normal crypto investor would already be happy because of the 100% growth and if one will sell then it is already a big profit for such a short time. Now, there are times when a coin would do x10 or even x100 and maybe those people are thinking that the coin would be doing such a run-away price jump. Sad but this can be common not just in the crypto industry but everywhere. People are greedy and there are times when greediness can be so overwhelming.

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Re: Why can't we satisfy our greed in bull market?
« Reply #3 on: March 25, 2024, 04:05:38 PM »
Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅

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Re: Why can't we satisfy our greed in bull market?
« Reply #4 on: March 25, 2024, 06:25:11 PM »
Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅

This is normal, because beginners expect everything to happen according to their wishes, even though the crypto market doesn't have to be like that, because we understand the volatile character of crypto, we can't expect prices to always rise. Sometimes it experiences sharp corrections, and this causes worry for beginners to the point of feeling dissatisfied.

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Re: Why can't we satisfy our greed in bull market?
« Reply #5 on: March 25, 2024, 06:43:05 PM »
Sometimes investors especially newbies or average ones tend to be disappointed when their expectations don't push that hard on their targets and that is pretty normal though we can call it greed just because of the fact that they or we want more from where we jump-in but yeah I also experienced this situation. 😅

Even the old investors get too excited to take profits. The only people that knows how the greed work in this market are people that is loss one or two money here. So, when the gain some profits, they appreciate it and sell, it's better than not having anything at all, but newbies are the most affected with this price, like they will be seeing their favorite coin go to amount the wish even when the market is crashing.

We can't expect everyone to be the same in this market, some people have to be the sacrificial lamb and they are the ones that are always greedy about he crypto market with the usual intention of buying high and sell low, no profits.
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Re: Why can't we satisfy our greed in bull market?
« Reply #6 on: March 25, 2024, 09:10:01 PM »
Currently, there's this token I believe it will likely do well during the BTC halving but then again, I am having a second thought about the project.

Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between  Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...

Now, this is where the confusion starts, I don't know how many of you know about this token and have joined their community. If you've, you will see where most of them are complaining that the listing was a loss to them. Some also complained that they bought at 0.05, while some were positive about the listing...

But then again, I checked IDO listing projects to know the price this token went on presale I saw it at 0.025 for each. I mean, are the community members lying due to greed or what? Because from my research, the project has the potential to surge in future due to its credibility and then again it got listed from bitget at 0.05 to 0.3 over 500%. Also checked other places like Dexscreener and also saw that it has done over 25M in m.cap and checked the buying vs selling pressure. Buying pressure seems more than.

I don't know but for me, I think some of their community members were greedy and didn't appreciate the opportunity of buying early because as it stands, most cex haven't listed this.. Maybe they expected the coin to get to 1 dollar or something.

Just did a quick check and the price is looking decent though with good volume on one of the listed cex.. humans can be greedy, that shouldn't change your conviction, from what I can see. BEFI is solid fundamentally.


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Re: Why can't we satisfy our greed in bull market?
« Reply #6 on: March 25, 2024, 09:10:01 PM »


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Re: Why can't we satisfy our greed in bull market?
« Reply #7 on: March 25, 2024, 10:44:54 PM »
your title is confusing mate ..

is there any term that can stand about CONTENTED GREEDY PERSON?

because that is why called Greedy because they are never to be satisfied , and also  Bull market? i will never stop waiting here to earn more and more from my holdings.

Really confused with the Greedy thing mentioned here. The OP has to realize that everyone in the crypto space is only here for one reason, and that's to make profits. No one is here to overlook the actions of others and thereby end up making losses.

When a coin is listed, some early adopters tend to sell at that early phase in order to make profits before others. This tends to drop the price before others can even make their own sales for profitable reasons. If the community members weren't satisfied with the release price, then they have every right to be angry since they made some investment earlier.
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Re: Why can't we satisfy our greed in bull market?
« Reply #8 on: March 26, 2024, 04:00:06 AM »
Greedy or the investors didn't go and buy at the right time? I think it's the latter that you want to portray and that's why most of the members here are confused of what you are trying to say.

In any case, we don't know what the future holds, and with so many projects in the market, really hard to see which one will succeed or which one will fail as they will not be supported by the community. And with that, we can only say that sometimes you need to be lucky to be an early investors of those projects.

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Offline Gladitorcomeback

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Re: Why can't we satisfy our greed in bull market?
« Reply #9 on: March 26, 2024, 05:05:45 AM »
There is nothing to be confused about such situations, a lot of people wouldn't do any research before they engage with a certain project, and without any research, they build a lot of hope in their minds about that project that it will perform exceptionally well when it gets listed, but when that doesn't happen, you will see such users and investors spreading FUD in the community of the project.

What you did is probably the right thing to do. Some people would react differently in such situations, they would immediately abandon the project, sell their tokens if they have bought any, and go away without doing their part of the research and confirming the facts and figures.
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Re: Why can't we satisfy our greed in bull market?
« Reply #10 on: March 26, 2024, 09:07:50 AM »
Today, I saw a few coins that got Cex listing today on Coincarp, checked on CMC to get more info about some of them but I decided to focus on one (BEFI) because it can breach between  Eth, BSC, and Solana to engage with BRC20 and ordinals. Like a hybrid kind of thing and I also realised their token went live on Bitget today...
Honestly, this is my first time to know this token, so sorry.
And I checked it on Coin Market Cap. Fortunately, I found the data.

Is this what you meant?
BeFi Labs (BEFI)
Current rank  : #2411
Current price : $0.3486
Total Supply  : 210M BEFI (quite a lot, yes, the total supply.)

Anyway, after checking, I know why you said so, because if we look at the current condition of this token, this has been increasing quite significantly. 
https://coinmarketcap.com/currencies/befi-labs/

And this token is still very new. Hmm, if you look at the current volume and what the data is. It seems like you have to be more careful with the price movements of this token. Indeed, for now, conditions are still increasing compared to the initial price. And the increase is not that significant yet. However, I'm sure, this is indeed suitable for high risk takers, but those who already understand the continuation of this project and its possibility of increasing again. And indeed this is like high-risk sex.

So you really have to be more careful if you want to get involved, especially investing in new tokens like this. Because, the risk of losing is quite high. The point is again and again, the high return you may expect also requires high risks.

Offline Fivestar4everMVP

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Re: Why can't we satisfy our greed in bull market?
« Reply #11 on: March 26, 2024, 10:26:13 AM »
Greed is a natural part of human being, we can only manage to control it, and in controling greed, some are very good while some people really suck at it.
So, in a community where people bought a coin at a cheap rate, know it that not very many people had or have plenty of money to buy that coin in the quantity that they really want, so, for those who bought very small quantity, it is absolutely a normal thing for them to expect the price of that coin to go very high in near future, or when ever that coin gets listed, so, that they can make as much profit as possible, but unfortunately, they tend to be disappointed when that coin end up not reaching their price target, even though they are still in profit, they will still complain because what they hoped for is not what they are getting.

This is completely natural with some people and most especially, in crypto where some people have to be believe in investing and harvesting lots of money in the shortest time period.
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Offline bettercrypto

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Re: Why can't we satisfy our greed in bull market?
« Reply #12 on: March 26, 2024, 05:20:06 PM »
You know, as much as possible, greed should not exist when we are in the current bull run. We should be even more careful because we know that the movement of the chart on the graph is too aggressive. Intelligence and knowledge are needed here in this bull run that we are facing today.

It's very simple. If you don't have enough ideas here, just hold it and set a price at which you will sell the crypto or bitcoin you are holding. That means we or you just wait.

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Offline Mr. Magkaisa

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Re: Why can't we satisfy our greed in bull market?
« Reply #13 on: March 27, 2024, 12:56:00 AM »
          -     You know, when greed enters an owner of crypto coins, expect that the coins they will promote in this field of the crypto business industry will not last long, that's for sure. But if the intention is for the benefit of the community that will give trust to their project, the crypto token will for sure be supported, and the crypto community investors will surely support the coin that they will promote in this field of the crypto space.

As others say, greed will never go away; it's always there around us. It's up to each individual to adapt or let greed control their personality. So, it means that there are still others who, even though they know that greed is bad, if their mentality is weak, will surely be controlled by greed.

Offline MUGNIA

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Re: Why can't we satisfy our greed in bull market?
« Reply #14 on: March 27, 2024, 03:15:55 PM »
What kind of greed is you meant here?
I think it's normal for people to seek big profits, but if the target is not achieved, don't blame other people.
The mistake of blaming other people is usually done by novice investors who buy when the market is experiencing fomo

 

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