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Author Topic: Is holding bitcoin Greedy?  (Read 4081 times)
Jahreer
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November 05, 2017, 04:35:50 PM
 #141

Yes, it is quite greedy to keep Bitcoins, man. But at the moment, just until the time comes
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November 05, 2017, 05:15:29 PM
 #142

Might also. However, I see this condition is very high demand factor in bitcoin. So, holding bitcoin longer in my opinion isn't greedy but is smart way to maximize profits from investing.

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November 05, 2017, 05:26:33 PM
 #143

Yes, it is quite greedy to keep Bitcoins, man. But at the moment, just until the time comes
There is nothing greedy in trying to become rich in holding your bitcoins, it's actually greedy to go borrowing money to use it to invest in bitcoins because should the investment not work out, it will be very disastrous for the person especially since the money is borrowed in the first place.



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November 05, 2017, 05:52:31 PM
 #144

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

I do not think at all it is greedy, most of people who hold it it is because they beleive in this project and as it is money, holding it it is a way to save money for when it is needed. The actual fiat system does not allow you to save money since inflation makes you loose value every single day.

What if holders end up with nothing? Well no one can know it, that is why the gold rule of any investment it is to invest what you can afford to loose

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November 05, 2017, 06:06:13 PM
 #145

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

It can not be considered as greedy but could be considered as a wise decision. People are here to make the profit and as the bitcoin value is rapidly increasing, it might touch the sky in the next few years. So it is better to hold the coins for future profit than selling them for short term profit.
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November 05, 2017, 08:15:20 PM
 #146

I don't agree that holding Bitcoin is being greedy. Bitcoin can be considered as both asset and currency. I personally treat Bitcoin as a long-term investment which will pay off in the near future. Bitcoin has a great potential to become a widely used currency. I use it to pay for my electricity bills. I have to say that paying with Bitcoin is quite convenient and easier than bank transfers.

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November 05, 2017, 08:22:17 PM
 #147

Of course it is not. If you don't hold someone else will hold the coins you sent out. As a matter of fact, bircoin is quite centralized when it comes to wealthy distribution and the fact that its price is rising does not change that all that much. 1% of the top addresses hold 99% of all BTC or something like that. Check out the address rich list for proof of that.














 

 

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richardsNY
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November 05, 2017, 08:34:08 PM
 #148

Yes, it is quite greedy to keep Bitcoins, man. But at the moment, just until the time comes

Oh, are you sad that not many people are willing to unload their coins so that you can enter the market at lower levels? I have seen quite some people complain about holders in the way that they believe it's against Bitcoin, that it's harming the Bitcoin economy, that there won't be much coins left for others, etc. None of the provided arguments hold any value thus far, and this thread is definitely not an exception. Holders should be getting a lot more respect for the fact that they aren't willing to sell their coins by massive amounts, because if they would, this market would sink deeper than the titanic.

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November 05, 2017, 08:34:32 PM
 #149

Of course it is not. If you don't hold someone else will hold the coins you sent out. As a matter of fact, bircoin is quite centralized when it comes to wealthy distribution and the fact that its price is rising does not change that all that much. 1% of the top addresses hold 99% of all BTC or something like that. Check out the address rich list for proof of that.
You are exactly right, if we don't hold some one else will hold the coins we sent out.
all needs are based on priorities but bitcoin is also a priority asset for young stars.
holding bitcoin is not a greed its a pride.
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November 05, 2017, 08:43:21 PM
 #150

Holders hardly get nothing, the market is growing rapidly and soon the price 7,500$ per bitcoin it will seem to us fantastic, (like at now to us seems fantastic price of$2,000)

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November 05, 2017, 08:56:42 PM
 #151

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
Well, as for me I don't see it as being greedy as you rightly put it, but i see such decision as the best investment decision for one to make in his or her life time. Remember that even though the decision backfired, there is always room for such event in any investment decision one take in most cases. An investor has to be fully aware of the risk involved before taken an investment decision, so whoever is holding Bitcoin at the moment is fully aware of the possible outcome.

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November 05, 2017, 09:16:21 PM
 #152

Its an asset mate, its not a greed. We are buying it through fiat currency and its not cheap to buy one these days. so why greed? 

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November 05, 2017, 09:49:01 PM
 #153

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

Being human we're already greedy. The fact that we want more than whatbwe havebis greedy in itself. Well about holding, that's just the smart move of handling your investment. Everything is a risk with investments. It's all upto you if you hold your bitcoins or sell it. You may sell it too early and gain little or hold it too long and get maximum gain. You never really end up with nothing because you will know if it dumps you sell.

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November 05, 2017, 10:02:51 PM
 #154

Greed is a large factor in holding we all want to see bitcoin go as high as possible but with selling before it reaches its peak we would always think we could of had that much some who have sold from early days must feel this.

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November 05, 2017, 10:06:37 PM
 #155

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

I think it is not greedy, they are just being wise to keep their investment. In fact we have the right to decide on our own. Holding bitcoin is their choice, if their investment ends up with nothing, it was their problem not ours.

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November 05, 2017, 11:40:55 PM
 #156

Greed is a large factor in holding we all want to see bitcoin go as high as possible but with selling before it reaches its peak we would always think we could of had that much some who have sold from early days must feel this.

How do you know when the peak comes. Someone said, bitcoin will be the highest right before its end. I think this end would mean something revolutionary again.
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November 06, 2017, 12:31:55 AM
 #157

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

No, Holding bitcoin is not greedy at all. Let's just assume that holding your bitcoin for a long term is like saving your money in the bank with a high interest. Holding your asset for long term because you knew that it will have more value in the future was the smartest way to earn huge profit. The same thing when you buy Gold when the price was cheap, and then sell it when the price was high. The only one I would call greedy if you're doing a trade with leverage for example like trading forex and stock with high leverage x2 - x5 or more.
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November 06, 2017, 01:00:13 AM
 #158

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
knowing that greedy things in others is not easy,not to judge people from the outside only, beyond our knowledge, diya many charities help each other to love each other. which is important we think positively to everyone.

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November 06, 2017, 01:03:57 AM
 #159

Why else would one HODL bitcoin other than to profit?
Yes, the decentralization part is great, but at this time it seems like most people are treating it as an investment and it is currently giving great returns.
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November 06, 2017, 01:14:01 AM
 #160

Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
Actually, if holding bitcoin for too long must emerge the risk will be both small and large Because many miners who have lost his property.But in fact the case depends on the behavior of everyone who can be careful or not in every action.

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