Post
Topic
Board Economics
Re: Be greedy when others are fearful...
by
Clemcout
on 28/07/2018, 07:24:44 UTC
I think that mentality would ruin cryptocurrencies. Even if we have control of our finances, greediness of others will take ours and I think that even in crypto, no investments are safe. Values are moving and that gives us no assured amount. I think people see crypto as  game in which if you do not win, you lose.
That saddens me a bit.
How being greedy will ruin cryptocurrencies ? Honestly I'm not getting point. For example, if you are turning greedy then you will holding bitcoins which will definitely increase the demand. It means bitcoin prices will go up. Then how it will ruin cryptocurrencies ?