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Author Topic: Fear or greed  (Read 22151 times)

Offline dekafee79

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Re: Fear or greed
« Reply #360 on: November 15, 2024, 09:05:57 PM »
IMO, both are indeed dangerous for traders, but in my experience, greed is the worst. People who are afraid will not make significant decisions, because they usually choose to be safer, while people who have a high greedy soul usually hold back to get higher profits.. their expectations will always be high, so when greed makes their situation turn around, they will fall very deep and even full of regret.
If we compare the two emotions between fear and greed, greed will cause a lot of losses because we hope to get bigger profits until we lose the opportunity to sell because the crypto market is volatile. While fear only eliminates our opportunity to buy, because there is concern about the market.

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Re: Fear or greed
« Reply #360 on: November 15, 2024, 09:05:57 PM »

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Re: Fear or greed
« Reply #361 on: November 16, 2024, 06:00:07 PM »
Both fear and greed doesn't let someone to reach their potential profits, the trading should be done with clear plan and having dynamic strategy is okay but it's different from greed.

Personally having fear is less destructive than greedy cause when someone becomes greedy and doesn't sell their assets while they are on profit because they expect more and more but after a while there will be a hard dump that can take away the capital.
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Re: Fear or greed
« Reply #361 on: November 16, 2024, 06:00:07 PM »

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Offline doc

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Re: Fear or greed
« Reply #362 on: November 16, 2024, 08:55:37 PM »
Both fear and greed doesn't let someone to reach their potential profits, the trading should be done with clear plan and having dynamic strategy is okay but it's different from greed.

Personally having fear is less destructive than greedy cause when someone becomes greedy and doesn't sell their assets while they are on profit because they expect more and more but after a while there will be a hard dump that can take away the capital.
Greed will make us lose opportunities because we hope for more profit and hold back to wait for the price to rise while the crypto market is difficult to predict, we should have a good plan and strategy and don't let greed make us lose the opportunity to make a profit.

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Re: Fear or greed
« Reply #363 on: November 16, 2024, 11:27:59 PM »
Both fear and greed doesn't let someone to reach their potential profits, the trading should be done with clear plan and having dynamic strategy is okay but it's different from greed.

Personally having fear is less destructive than greedy cause when someone becomes greedy and doesn't sell their assets while they are on profit because they expect more and more but after a while there will be a hard dump that can take away the capital.
Greed will make us lose opportunities because we hope for more profit and hold back to wait for the price to rise while the crypto market is difficult to predict, we should have a good plan and strategy and don't let greed make us lose the opportunity to make a profit.
Often in the desiring of more, higher revenues, people neglect the fact that the market may turn in no time which is especially true in the crypto space. One way of balancing in investing is to control desire of waiting for a right price without which one will be stuck waiting and waiting. When it comes to goal setting, it ensures that those goals are achievable, and once in place, rules out any decisions based on mounds of emotions. Such considerations are always more sound than when one bases his actions on sheer guesswork.

Hence, maintaining our targets requires that we come up with well articulated goals and objectives. In this manner, we stand to protect the gains that have been made that may not be totally eradicated in the event of a business downturn. Knowing a clear plan from the beginning and always assessing the approach will allow us to remain less stressed when markets are volatile. This attitude enables us to make everything that prevails purely with our attitude to transform existent into optimum.
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Offline debra

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Re: Fear or greed
« Reply #364 on: November 16, 2024, 11:52:08 PM »
If we compare the two emotions between fear and greed, greed will cause a lot of losses because we hope to get bigger profits until we lose the opportunity to sell because the crypto market is volatile. While fear only eliminates our opportunity to buy, because there is concern about the market.
Of course, greed results in losses and fear won't results anything. You even may not buy any coin if you are fear.  :D
However, I think only people who have lack of knowledge trying to gain unrealistic profits by being greedy. People who have good knowledge, they must try to be realistic and not being greedy. It is because they understand the risks of being greedy. To void being greedy, we must learn anything about crypto as much as possible. We also must have a good self-control to avoid hoping unrealistic.


Offline lombok

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Re: Fear or greed
« Reply #365 on: November 17, 2024, 01:11:12 PM »
If we compare the two emotions between fear and greed, greed will cause a lot of losses because we hope to get bigger profits until we lose the opportunity to sell because the crypto market is volatile. While fear only eliminates our opportunity to buy, because there is concern about the market.
Of course, greed results in losses and fear won't results anything. You even may not buy any coin if you are fear.  :D
However, I think only people who have lack of knowledge trying to gain unrealistic profits by being greedy. People who have good knowledge, they must try to be realistic and not being greedy. It is because they understand the risks of being greedy. To void being greedy, we must learn anything about crypto as much as possible. We also must have a good self-control to avoid hoping unrealistic.
Actually, greed and fear are two of the things that make us get to the wrong decisions of investing, or even when it comes to the cryptocurrencies. By solving expectations and reality equation, we are in a position not to experience so much pressure in our emotional lives. As the adage goes, nothing good comes easy and so it is good for us not to look at thePros for short term gains. This will make us reach sound decisions, no matter whether it is rainy or sunny outside the organisation.

It is not just about getting to know why it is what it is, when it will be what people want it to be, and all other aspects that talks about crypto, it is also about learning how to dawn the rein on your impulses and behaviours in the market. So we must remember that risks are always around and although exiting risks is something understandable it is important not to close our horizon and continue learning. One Call is aware of setting appropriate expectations and avoiding increased investment from getting out of hand through sound and real data analysis.
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Offline Mr. Magkaisa

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Re: Fear or greed
« Reply #366 on: November 17, 2024, 03:59:41 PM »
IMO, both are indeed dangerous for traders, but in my experience, greed is the worst. People who are afraid will not make significant decisions, because they usually choose to be safer, while people who have a high greedy soul usually hold back to get higher profits.. their expectations will always be high, so when greed makes their situation turn around, they will fall very deep and even full of regret.
If we compare the two emotions between fear and greed, greed will cause a lot of losses because we hope to get bigger profits until we lose the opportunity to sell because the crypto market is volatile. While fear only eliminates our opportunity to buy, because there is concern about the market.

          -      I agree with what you said, mate. Because of fear, somehow we can stop and change the situation of our feelings compared to greed, which is not and is difficult to get rid of in real life. With greed, it's really either you can control it or you control it too.

That's why self-control is important so that we can properly handle situations that we don't expect to happen, whether we like the trading scenario or not.

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Re: Fear or greed
« Reply #366 on: November 17, 2024, 03:59:41 PM »


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Re: Fear or greed
« Reply #367 on: November 26, 2024, 11:46:07 PM »
Actually, greed and fear are two of the things that make us get to the wrong decisions of investing, or even when it comes to the cryptocurrencies. By solving expectations and reality equation, we are in a position not to experience so much pressure in our emotional lives. As the adage goes, nothing good comes easy and so it is good for us not to look at thePros for short term gains. This will make us reach sound decisions, no matter whether it is rainy or sunny outside the organisation.
Because these things make us to decide something in the wrong way, we must deal with our mentality. Before we trade or invest in any crypto coins, we must ensure that we can handle our greed and fear. Only when we can deal with them, we can begin our investment or trading. So, the chance of success will be bigger if we have proper mentality. I often said to anyone that we must ensure our mentality first before we start to do anything in this world.


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Re: Fear or greed
« Reply #368 on: November 27, 2024, 03:14:16 PM »
Actually, greed and fear are two of the things that make us get to the wrong decisions of investing, or even when it comes to the cryptocurrencies. By solving expectations and reality equation, we are in a position not to experience so much pressure in our emotional lives. As the adage goes, nothing good comes easy and so it is good for us not to look at thePros for short term gains. This will make us reach sound decisions, no matter whether it is rainy or sunny outside the organisation.
Because these things make us to decide something in the wrong way, we must deal with our mentality. Before we trade or invest in any crypto coins, we must ensure that we can handle our greed and fear. Only when we can deal with them, we can begin our investment or trading. So, the chance of success will be bigger if we have proper mentality. I often said to anyone that we must ensure our mentality first before we start to do anything in this world.
I agree with the opinion that says knowledge and experience will be able to control fear and greed. because with knowledge and experience we can make the right analysis and plan at that time. These two emotions always haunt newbies, but for those who have been investing in crypto for a long time understand how to control these two emotions.
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Offline smartaction

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Re: Fear or greed
« Reply #369 on: November 27, 2024, 04:19:42 PM »
I agree with the opinion that says knowledge and experience will be able to control fear and greed. because with knowledge and experience we can make the right analysis and plan at that time. These two emotions always haunt newbies, but for those who have been investing in crypto for a long time understand how to control these two emotions.

To get profit by investing, we must follow some rules and invest. If we do not follow these rules, we will never be able to earn profit by investing. To invest, we must increase our patience. We can never do too much. We must invest at the right time. We must sell some of the investments at the right time. I have seen that many times, instead of getting profit, we have to face losses due to not investing at the right time. So if we can do the right things at the right times, we will never have to face risks.

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Re: Fear or greed
« Reply #370 on: November 27, 2024, 04:44:58 PM »
I agree with the opinion that says knowledge and experience will be able to control fear and greed. because with knowledge and experience we can make the right analysis and plan at that time. These two emotions always haunt newbies, but for those who have been investing in crypto for a long time understand how to control these two emotions.

Without proper knowledge and the right experience, there is no way you can survive the crypto market. There are some people that has come to this market many times and hasn't make anything meaningful and that's because they have refused to take the appropriate knowledge, it is the bad knowledge that gives them bad experience.

Right now, there are some people that will rather invest in meme coins than invest in any other crypto market and that's because of the profit they see but what they don't realize is that 99% of people that put money in meme lose money while the 1% takes the profit.
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Offline alltalk

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Re: Fear or greed
« Reply #371 on: November 27, 2024, 11:34:48 PM »
Without proper knowledge and the right experience, there is no way you can survive the crypto market. There are some people that has come to this market many times and hasn't make anything meaningful and that's because they have refused to take the appropriate knowledge, it is the bad knowledge that gives them bad experience.
Indeed. We must have basic knowledge at least. Without this, it is impossible to invest or trade crypto coins. Those people who trade or invest without understanding anything, it will be difficult to end up with good profits. They even will possibly end up with severe losses because they don't know the right time for entry and exit.

Right now, there are some people that will rather invest in meme coins than invest in any other crypto market and that's because of the profit they see but what they don't realize is that 99% of people that put money in meme lose money while the 1% takes the profit.
Many of those people who invest in meme coins because they are following the hype. They are surely not aware that it is a very risky investment because meme coins have nothing to survive a long time. They only waste money on meme coins, they finally will lose everything because they just follow the hype. This is the common fact in meme coins.

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Offline Bobcrypto

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Re: Fear or greed
« Reply #372 on: November 28, 2024, 11:21:12 AM »
Base on the topic, I think Fear and Creed index are sentiments tools that describes the current mood in the market as emotion. It is generally accepted that emotional and psychological factors significantly influence trading/investing. A high level of fear will result in coin/token being sold off too cheap, while a extreme greed will cause over valuations over times.
Honestly, I think that greed is more dangerous than fear, because, as we may know, often greed has been condemned as being immoral, sinful, or outright evil across cultures and believe in different parts of the world. In facts, nobody will liketob be called a greedy person in the society,

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Re: Fear or greed
« Reply #373 on: November 28, 2024, 11:32:34 AM »
Many of those people who invest in meme coins because they are following the hype. They are surely not aware that it is a very risky investment because meme coins have nothing to survive a long time. They only waste money on meme coins, they finally will lose everything because they just follow the hype. This is the common fact in meme coins.
some people are not that gullible they just choose to be completely ignorant of the fact that there’s nothing of value or purpose most of memecoins being released recently but still there is opportunity to earn profit which is why they do invest in it only to sell immediately after listing

if there’s any way to earn even if it’s not ideal for long term then by all means go ahead just make sure you don’t fall for all the promises memecoins make

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Re: Fear or greed
« Reply #374 on: November 28, 2024, 09:40:03 PM »
Many of those people who invest in meme coins because they are following the hype. They are surely not aware that it is a very risky investment because meme coins have nothing to survive a long time. They only waste money on meme coins, they finally will lose everything because they just follow the hype. This is the common fact in meme coins.
some people are not that gullible they just choose to be completely ignorant of the fact that there’s nothing of value or purpose most of memecoins being released recently but still there is opportunity to earn profit which is why they do invest in it only to sell immediately after listing

if there’s any way to earn even if it’s not ideal for long term then by all means go ahead just make sure you don’t fall for all the promises memecoins make
Meme coins are coins that are suitable for short-term investment, don't be fooled by their promises because these coins only rely on hype. So be quick when entering and exiting while still hype. because most will lose their price when they are no longer hype.
although the risk of investing in meme coins is very high, there are still many enthusiasts.
Especially newbies who want to get quick profits even though they will lose if they do not have the knowledge and [experience in conducting research on meme coins.

 

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