Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: mianvicky1 on December 09, 2020, 03:00:24 AM
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
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Greediness is total evil and whatever the situation is when greediness of a person exceeds overall his being will always make him to suffer most probably in crypto currency market.
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Greed is when we are taking more than we can chew. Of course, we all have dreams and desires but when things can be too much for what we can handle then it can become just another greed. In the world of cryptocurrency, because of the easy access and its global reach, many people are empowered to be a part of a great financial, money and banking revolution, and we must be taking this as a good opportunity rather than be a tool for extreme greediness.
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Greediness is destroying the mindset of people. Infact there is no contentment if you are greedy. In China greediness is a form of being competent, so meaning it is not bad for them. But in Philippine and Israel context Greediness is evil. Because it is always self centered.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
What do you mean by the manifestation of greed in cryptocurrency, if at the same time you say that every participant in the cryptocurrency market has the right to make a profit? How can such greed be manifested? The desire to make money in cryptocurrency is quite normal and logical. Greed is usually associated with increased risk and, therefore, loss of profit. Therefore, greed entails mistakes in action.
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I learn this lection on the hard way in the begining of 2018 i have few coins who grow up in price but i was to greedy to take any profit and i end to sell this coins in loss,till then every time when a coin is at X2,3 from the buy price always i take my initial investment back.
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The behavior of the crypto markets depend on a lot of things, and the emotions of crypto holders is one of them. People often get greedy when they see the market rising, and end up giving into FOMO (fear of missing out) and greed.
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Indeed, it is unnecessary to wait until the very end and hope that there will be some more mega growth of cryptocurrencies, because the correction of the cryptocurrency market has already begun and it is not known whether this correction will be small or big, so who did not manage to sell their cryptocurrencies before this correction should now hope that this correction will quickly end and cryptocurrencies will start to rise again.
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If you are greedy, there is really no satisfaction. In China, greed is a form of being capable, so that means it's not bad for them. When things can be too much for what we can handle. Because it is always selfish.
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In any case being greedy is definitely not good. Being greedy in crypto means we will miss many other opportunities. It's better just in moderation. Don't be too ambitious either because it will make it difficult for us to control our emotions.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
In Crypto trading we really shouldn't be too greedy to get huge profits, because it can actually make us lose the opportunity to get profit.
My principle is, if I have reached a profit then I will sell coins even though the profit is not too big, then wait for the price to fall to buy again.
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I totally agree that by being greedy you will indeed be at a loss. It's best to play subtly and carefully in crypto. Don't let you regret it because you want a big profit and forget to continue in the future. This is even more dangerous and can also make you poor immediately.
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Sometimes we over read and listen to media. What we have failed to understand is, the media will always portray the negative things which I don't buy into. Buy the rumour and sell the news has always been working for me.
The top is in for 2020, my portfolio is only USDT with little Ether for moving ERC-20 token I do receive or earn from Bounty.
As we progress into 2020, I will watch the situation of the market before I jump in. I'm expecting PayPal to be bullish on Bitcoin and frequent updates about Eth2.0 should really ether price.
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Crypto as well stock market is real in good condition as my prediction . I also have some fund in bitcoin that's already I exchages in Usdt . alot of user take advantage of this movement ( specially expert user's ) . I still think we will see some dump in bitcoin price . So don't be greedy , just exchages bitcoin in stable coin after that purchase BTC agian at low price :).
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You need to be very careful now. Because the market is tense. And at any moment the price can go down sharply and then you can lose your funds.
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There is a saying that a pauper and a greedy person are the same. You can't have it all. Don't lose what you have while chasing to get it all. Crypto goes or down take profit and wait for another good entry.
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Yes, the market is quite good as compared to the last 2 years. Smart investors/traders are making a profit. Buy low sell high is the best strategy of the smart investor/trader. There are many opportunities in the crypto market one should analyze it properly and can make out profit as well but one must control its greed while trading.
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There are a lots of studies who are providing us more information that greediness brings downfall to a person. Their is no pleasure, because you just doing something just to serve your self and your not always contented with it.
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Yes greediness is the biggest evil for everyone. And in crypto it is much more scary. If you become too greedy you can loose all your money in just seconds. Because the crypto market is very volatile. Greediness can make you 0 in just a matter of seconds
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Exactly, I felt it at May 2020. From beginning I love to do futures trading and each month it was giving me 100-200 dollar. But after few weeks I go for more, I mean I have invested my whole portfolio into one single coin because of my greedyness and I have lost all of my money within few hours. So from that moment I have learn a lot and now I have control on my greedyness.
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Exactly, I felt it at May 2020. From beginning I love to do futures trading and each month it was giving me 100-200 dollar. But after few weeks I go for more, I mean I have invested my whole portfolio into one single coin because of my greedyness and I have lost all of my money within few hours. So from that moment I have learn a lot and now I have control on my greedyness.
It is a life testimony from you sir. It is a lesson that all of us must learn. Accepting that sometimes there is greediness to us is hard to accept. Only a person who is brave enough to accept it is a real and tough guy. Long live sir.
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Greed is not evil, greed is just an emotion experienced by every individual, either you are a developer, trader, or marketer in the blockchain space. Greed has more disadvantages in the crypto currency space, greed can make you lose out on profits, greed helps you garner more loss etc.
As a trader, refuse greed and always do your own research
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One thing is certain in life human beings are never satisfied of wanting more irrespective of what they already have so that's why greedy always creep in, greediness are many forms self accumulation not regarding others or always wanting to make too much gain in every business is not actually good.
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I know that really well. You know when I do futures trading greed came into my mind to do 100x & I caught each time. And I lose whole the amount of my balance. Everyone should be stay away from cryptocurrency greed.
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There are some bad behavior that must be avoided if we are in the crypto world. They are greedy and also panic. They will drive you to do something without analysis. Greedy will make you lose. You may not be able to feel enough and will feel less every time you are reaching out. ANd this may lead you lost
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Indeed, that greed came from Satan.
The opposite of being greedy is gratitude, if we are grateful for today then it is certain that we are not in the "Satan" group.
Indeed, I also admit that greediness is difficult to let go of because it is a natural human trait that existed before cryptocurrency trading existed.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
^ true, the market situation is really very good, traders will definitely get a lot of profit from the current volatile market conditions. but one thing we have to remember is that this condition will not last long, sooner or later it will stop, so don't be too greedy.
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I know that really well. You know when I do futures trading greed came into my mind to do 100x & I caught each time. And I lose whole the amount of my balance. Everyone should be stay away from cryptocurrency greed.
It is good to here a life experience from you mate. It is really hard to be contented if our mind and heard is filled with greediness. Greediness is always a doorway that is inviting a person to make a wrong decision. So we must learn to be contented in every way. Shalom, shalom.
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Don't be too greedy in cryptocurrency because cryptocurrency always gives bad and good effects in an instant.
Only for a second we feel greedy, so all of our assets can be reduced.
If we are not careful, our assets could simply be lost without anything left.
Maybe we should be grateful that we have to instill it from the beginning before we enter the world of cryptocurrency.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
Its really true that the market is moving up strongly .So that we always can expect some benifit from this market .However most of the investor got their profit like me but we have to be more careful on our greediness .We need to control it either we can loose our invested money from trading as we i have noticed a huge dump on the market recently on bitcoin.
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What is good to become greedy?
Only one thing that is clear to me, selfish satisfaction.
Greediness is about unsatisfied of what you have earn.
Greed is evil if the person's intention is evil but if good it wasn't evil.
With regards to cryptocurrency, somehow we aim for the best but we should not dream for unrealistic.
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Being greedy at everything is not a very good thing to do. And this will also have an impact if you do it in crypto. so my advice goes according to the rules, don't set too high targets and also play investments gently.
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Time provides a lot of room in choosing when is the best time to save some of the benefits of the investment that we get.
When we are faced with greed, our profits will be zero / lost because of wrong decisions.
There are many advantages that we can get if we are a little patient, but by holding a number of potential coins to always get a profit and not be greedy in making investment decisions.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
I dont think anyone who invested or bought bitcoin's dip earlier this year lost their money, even those who invested in Ethereum, cause these two coins have tripled whatever amount of money that was put into them, and as a smart investor it's always good to take profits whenever you see one and stop being greedy, since the crypto market is very volatile, you can't tell what might happen next your profit might just change to loss in a blink of an eye.
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Actually being greedy in trading in crypto is a big mistake, where we know that the market is constantly moving. Meanwhile, we have targets or expectations that are too high. So if it is not achieved, we ourselves will be at a loss for missing so many opportunities.
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That's absolute. Everyone may feel always not satisfied in reaching the certain target and then they upgrade their target again and again. And at the same time, they cannot see the next target. They may have certain high confidence so that when the market is falling down, they keep continuing. Greedy and panic will really make you lose much
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Greed is ruining our ranks. These words should always be in front of a trader's eyes. Greed completely kills rational thoughts and subordinates the mind to primitive instincts. A person ceases to realistically assess his capabilities and the current situation. And if you do not curb this beast, then you are lost.
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You are right. greedy people are the loser. We can see how they are too greedy until they have nothing. Greedy combined with panic will be also very disturbance although we have arranged our schedule and also fees option as good as possible.
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Actually being greedy in trading in crypto is a big mistake, where we know that the market is constantly moving. Meanwhile, we have targets or expectations that are too high. So if it is not achieved, we ourselves will be at a loss for missing so many opportunities.
Very well said. Greed distorts your vision, so you cannot see reality clearly. This is the big problem, of being greedy.
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Greed is a very bad thing. whether it's in crypto or in the real world. Things that are not very good to do should be avoided. We recommend that in crypto we be patient and also try so that we can always run with crypto. It doesn't have to be greedy, the important thing is profit and can be sustainable.
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A good trader always books their profits if the market is on a bull run. No market will continue its bull run forever. But humans never satisfied with nature don't let it book their profit if their trade goes the right way. They want more and more than in the end they end up being on the losing side. A trader should not have emotions and he only trades with logic and the current situation.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
Sometimes it is good to be greedy or just have more patience, because it Sometimes lead us to achieve more and other times it leads to our loss, if you are comfortable with certain profit then don't hesitate to take it, but if you have the nerves to hold longer you can gain much.
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You are right. Greedy is a big problem in crypto investment or trading, which makes people get big losses. If we have bad self-control and just follow emotions, we can easily be influenced by greed. Only people who have good self-control and think realistically can avoid the greedy. Well, greedy is a disaster if we can not control it, or follow the greed leads to riskier ways in investment/trading. So, we really need to learn how to deal with greed.
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Exactly, greedy will never satisfy you by choosing one or more coins, by getting low or high profits. they will be less than they expected. Greedy, panic, and also fomo will only drive to stress and loss of money. So, just be quiet and make it as very patient in order to get the replacement well
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Exactly, greedy will never satisfy you by choosing one or more coins, by getting low or high profits. they will be less than they expected. Greedy, panic, and also fomo will only drive to stress and loss of money. So, just be quiet and make it as very patient in order to get the replacement well
Greed will always be there in humans, and greed will not be eliminated because greed can only be controlled by you,
To control greed you can only make investments based on the right management, without the right investment management you will not give a return because you decide based on greed.
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I agree that greediness is there, but it is not always remain if the person's character and attitude is change by the person itself. Eliminating greed is not base on investment or business affairs. It is change by allowing your self to realize that greediness is sin or wrong. Because greediness is always self centered. There is nothing wrong to think and care for our self, but greediness takes too much time for egoistic, self centered life style. So it is better to change our character first before entering the Crypto world which we can see from the other forum, pardon me but it is a greedy forum: Buying merit for self satisfaction and to fed their greediness for selfish ambition. Comongtalivo.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
A lot of members here in the forum said that reminders so many times, but still there are other people who can't change that character of greediness. There is a saying where "Money is the root of all evil" which for me it is true and correct. That's why in this type of business here in cryptocurrency We shouldn't be greed at all cost so We won't regret in the end.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
A lot of members here in the forum said that reminders so many times, but still there are other people who can't change that character of greediness. There is a saying where "Money is the root of all evil" which for me it is true and correct. That's why in this type of business here in cryptocurrency We shouldn't be greed at all cost so We won't regret in the end.
It is not the money itself mate. It is the "LOVE of money is the root of all evil". If a person enters the world of crypto with greed in his/her heart, better not to enter first in crypto world, why? Because if he is full of greediness then he will just feed that greediness more more, because our forum is offering lots of things. What should we do? Above all else guard our heart.
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You need to be very careful now. Because the market is tense. And at any moment the price can go down sharply and then you can lose your funds.
Always possible to change the movement because that is how crypto market behaves. Investors must know to when to stop the lose and when to buy and sell. Greediness is just for newbies who wants to earn big profit. They don't know not to expect so high at the beginning. Small amount of profit is quite acceptable than none.
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You need to be very careful now. Because the market is tense. And at any moment the price can go down sharply and then you can lose your funds.
Always possible to change the movement because that is how crypto market behaves. Investors must know to when to stop the lose and when to buy and sell. Greediness is just for newbies who wants to earn big profit. They don't know not to expect so high at the beginning. Small amount of profit is quite acceptable than none.
It depends on what you mean by greed and its manifestation in the cryptocurrency market. This market is very unpredictable and sometimes the same actions on it bring profit or turn into losses. Therefore, I do not think that one should criticize such a human trait as greed when working with cryptocurrency. Everyone has the right to deal with cryptocurrency at their own discretion.
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The market has been really good, although I won't count hodl as greed but sometimes trusting your guts and not been scared do pay off, let's take for example you bought bnb at $30 last year it got to $200 and you decided to sell, I know you would say you did that because you are in profit, but reality check if you actually held and didn't sell even when you were in profit, by now you would be having a much bigger profit cause bnb is about $400+, greeed isn't all that bad as people label it to be.
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Greed is a two edged sword. We all need it to exist and succeed in life, but it has to be curtailed and harnessed into some good direction.
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Jaephoenix, greed at the most crucial moment can force a person to make a rash purchase/sale, which in the future will lead to the loss of one or more financial instruments. So to say that we all need it is at least inappropriate
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Greed is a very great evil, which always plays against you, with me it often happened that I lost money because of his greed, you just need to fix everything in time and not to be greedy, at least half the profits
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@poster, I agree 100 percent with you that greed is evil, but then in your post, you failed to explain as to why you think greed is evil, what is or was your reason for making the post? ?
You know sometimes, we mistake patience for greed and sometimes, greed for patience, some persons can actually be greedy but to them, they think they are being patient while some other can be patient but to them, they think they are being too greedy, and this scenario points to the part of buying, holding and selling coins for profit.
If I should put it in the way I see it, I did say that too much patience leads to greed, and too much greed leads to disaster, so best thing is to know when to draw the line, knowing when you've stepped out of patience and becoming greedy is very important if we all must succeed in crypto.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
As a matter facts, greed is a human character or nature and may not be change at all. The are people who are naturally greedy and you can't change these group of people. Some how, some greedy crypto holders will like to make huge profit by holding a coin till a very high percentage price increase before selling; and i think that this situation may also reduce coin dumping generally.
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Greed is one of the most common manifestations of the human being. If greed prevents a person from living, then this is evil for him. If greed stimulates a person and helps him to concentrate in order to achieve his goals, then in a short period, it can be beneficial. ;)
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Greed can be understood in different ways; in cryptocurrency, all emotions must be cut off, only dry analytics.
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Greed is one of the most common manifestations of the human being. If greed prevents a person from living, then this is evil for him. If greed stimulates a person and helps him to concentrate in order to achieve his goals, then in a short period, it can be beneficial. ;)
People who hold their BNB tokens can be called greedy? After all, as we can see, they have earned a lot of money.
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Greed is a bad thing in any business, not only just Cryptocurrency trading . But this greed in Crypto trading is really really bad because it can cost us money.
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The market situation is very good these days. Many people are taking advantage of this, Investors have also benefited greatl. But we must not be too greedy. We must make a profit, And then search for new opportunities.
Greed seems to never end even though we see high prices after the target coin price we want is reached, everyone is looking for a bigger profit, that is normal and greed will likely give you a lot of profit if the price of the coin you want increases to 10 -20x.
waiting for the coin price to rise higher is almost the same as pre-holders who are looking for new ATH in their portfolio list
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greed this is good, if you have normal altcoins in your portfolio.
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It depends on what we mean by the word greed in this market and in what actions or inactions it can manifest itself. We all work in this market to get financial profit. Each of us has the right to choose our strategy and tactics in this market .. Sometimes the manifestation of greed helps us, sometimes it hurts. I do not consider greed to be evil, since its manifestation, as a rule, does not harm other participants in this market.
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IMHO, it depends on the person or what you did to be called greed or being greedy, Because I believe that not all greed is bad for me it's only the intention will matter, but if you use the word greed to enriched yourself without the expense of other people's money or then that's good to be called greedy like you are called greedy because you bought a particular coin/token too much and suddenly that coin/token price was skyrocketed your greed makes you a multi-millionaire. question is that greed is Evil? thats what I mean. not all greed is evil it only depends on your intention.
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Well, it also depend on individual set price target (a set percentage price target buy/sell) whether as a traders or investors.
As for me, I always set a percentage rice target irrespective of the market fluctuations, for example, I may set a 5% rise on the price of coin "A" and set another percentage target for coin "B" at 3% price rise. Anybody may decide at different price target plans to sell or buy coin/tokens
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Right greediness is bad but sometimes greediness makes you earn big profit, Well I guess it depends your strategy when you will stop holding it. I am greedy before but I'm not always make profit, I miss the chance to sell my tokens at high price, seems I'm not lucky being greedy lol..
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Right greediness is bad but sometimes greediness makes you earn big profit, Well I guess it depends your strategy when you will stop holding it. I am greedy before but I'm not always make profit, I miss the chance to sell my tokens at high price, seems I'm not lucky being greedy lol..
You earn big profit not because your greediness made you hold cryptocurrency for a longer period, but due to pure luck.
Dont blame yourself for not selling your alts for a higher price, better be happy that you had a chance to sell. Most dont even have that opportunity :)
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I totally agree! Greed is a bad companion in this business! Many of them are losing decent fortunes! Sometimes you need to sell or, conversely, buy on time, and if you are greedy, you lose a lot!