Post
Topic
Board Economics
Re: Be greedy when others are fearful...
by
PETES
on 08/08/2018, 00:43:12 UTC
Being greedy while others are fearfull is very very overrated, this applied a few times with cryptocurencies last year, however this year and the market as of now is very different and being greedy while others are fearfull totally dont match the sentiment now, nobody is putting in tons of money in something that gives them losses, how many times were you truly greedy when others wetr fearfull?
Exactly, so as long as the market is not heading into a good direction you will keep losing your money.

But the fact remains that you'll lose when the moment you sell. So even market isn't ready yet to go to our favorable side and as long as you hold you didn't still lose and the thing is you still believe in your coins.

Agree with OP's quote yet I don't agree in being greedy as it better suits in those whales and not us. Better be just taking the advantage while everyone is fearful, like buy all their coins and just hold.