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Author Topic: Is holding bitcoin Greedy?  (Read 13241 times)
bellakrstna
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March 10, 2018, 03:28:31 PM
 #1641

What do you mean Greedy?
if you hold much money are you greedy?
Bitcoin is a digital money. If you hold bitcoin, it doesn't mean you are greedy.
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March 10, 2018, 04:17:24 PM
 #1642

not really. because if you hold bitcoin, that only means you spend your funds to invest on bitcoin.
holding a much gold, doesn't turn you into a greed person, same as bitcoin.

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conceivedspoon2
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March 10, 2018, 04:39:55 PM
 #1643

No. when bitcoin started, it started with very ridiculous amount and in December 2016 when i got to know more about the currency, then it was about $700 per 1, Now bitcoin is over $10000 which is over a 1000% increase, there are speculations that this currency will reach $100k per bitcoin in 2018 and hit $1m by 2022. This is a giant and massive stride, with the look of thigs, it will get there. Once you decide to do investment, then hold your btc and wait till you can make it asset that children can inherit.
dear53
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March 10, 2018, 05:25:05 PM
 #1644

I think holding bitcoin is not greedy because bitcoin start its journey in a very small price.At this time in 2018 its a very very good price now.It is a very good invest to hold bitcoin.Every one should hold some bitcoin for future.
jayes
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March 10, 2018, 05:31:24 PM
 #1645

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 a best way to gain great profit. But if you are trying to buy bîtcoin without waiting for the dip value of the bitcoin thats what we call greediness.
sparveenat
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March 10, 2018, 05:32:24 PM
 #1646

There is no human who is greedy all humans are greedy so with the hope that may be the value will increase so if we have bitcoin as excess money then there is nothing wrong in holding bitcoin. Sometimes may be the value will decrease but it is up to our luck.

zitbau
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March 10, 2018, 05:36:14 PM
 #1647

I do not think people will keep all bitcoins throughout their lives. I think they also have to sell bitcoin. Bitcoins will help them get rich in the near future. I do not think this is greedy. It is a smart investment

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March 10, 2018, 05:50:39 PM
 #1648

Some individuals might think of it that way, people say and think too much these days. With the steadfast
boost of bitcoins, a lot of speculation and rumors are materialized even if it needs none in the first place.
It's not greed at all, it's been thought as such but actually it's mislabelled and misleading. It's just opportunity, holding bitcoins more increases chances for big profits. Bitcoins is about opportunity and solutions, so let
it be one.
jmiro1
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March 10, 2018, 06:20:21 PM
 #1649

Yes, it is greedy. But I wouldn't call it a 100% greed. It depends on your economic wealth/condition. If holding some of your money for a profit without disturbing your daily life and your plans, then it's just fine. There's is always a risk, so we can't just call it greed. The value or price of Bitcoin does go down sometimes. But if you are risking it too much by holding your Bitcoins then I wouldn't support this action.
readygoaw
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March 10, 2018, 07:07:11 PM
 #1650

no word greedy when hold bitcoin because we are looking for a safe point to be able to get profit. so I see it's fair and that is part of our work hold coins including bitcoin.

LOL. Really, why a man, who is holding Bitcoin and who is not going to get rid of his cryptocurrency is a greedy person? he is wise to wait and get his profit.
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March 10, 2018, 07:23:16 PM
 #1651

I strongly agree that in this bitcoin we should not be greedy or exceed our forgiveness, we must be in line with Traffic and in bitcoin we have to be careful of many hackers or crimes lurking so that we should always be on our bitcoin should not be excessive and Careful should be careful because the system from bitcoin blockchain per to per easily seen by others.
Ondongeric18
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March 10, 2018, 07:40:47 PM
 #1652

In my opinion, holding bitcoin is not being greedy because it is just a part of the means to gain profit. I think you would not sell your coin if you feel you are losing too much. Would you? If someone thinks he is greedy then maybe he might want to offer us some and be charitable for which I don't think anybody would be doing so.

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paulmaritz
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March 10, 2018, 07:51:30 PM
 #1653

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?

Nah, Bitcoin has become the gold standard of cryptos. It sucks that it is no longer electronic cash, but greed is not the primary reason for holding it. And yes, hodlers could end up with nothing - or they could be richly rewarded for holding onto it. It is part of the risk attached to holding Bitcoin (or any crypto for that matter). 

Greed is when one gets a second mortgage to go all out into Bitcoin... risking the whole nine yards. That is irresponsible and greedy in my opinion. 
Topaz72
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March 10, 2018, 08:29:01 PM
 #1654

I don't think that holding bitcoin is being greedy. Holding is an old tactic that almost all bitcoin owners know as is using. For me being greedy is more like not sharing even if you have a lot to the less fortunate.
Greediness in the crypto currency leads towards the personal loss because the only greed in this system is that you don’t tell others about the crypto currency or you don’t tell them the right way of doing the things. And this is where we loose ourselves, because more people joining means more demand in the market and more demand will finally lead to the more profits because the price will rise after that increase in demand so, neither holding is greedy nor trading is.
Yantoaja
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March 10, 2018, 08:34:01 PM
 #1655

It depends on who you are asking. But I think not, because holding bitcoin for our own benefit it is our right. And we also hold bitcoins because we want to profit from those investments. It's up to you to hold the bitcoin greedy or not.
gvnsrbtc
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March 10, 2018, 08:37:31 PM
 #1656

Holding Bitcoin isn't greedy. The people that are holding them took a chance. They took a chance very early on and believed in a decentralized currency with an anonymous creator and therefore no owner. They helped create value by holding their coins and this is what drives the price.
Mickznet
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March 11, 2018, 02:45:45 AM
 #1657

Holding bitcoin is not greedy, you only wise where to use it ang where to invest bitcoin. It still the best thing to do when bitcoin is down is to hold it for a moment.

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Aleksandr_ov
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March 11, 2018, 08:47:40 PM
 #1658

everyone can say what other person, greedy or not, but I think you need to spend bitcoin when other options are already considered and there is no other way to sell bitcoin!
Eclipse26
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March 11, 2018, 08:52:12 PM
 #1659

What do you mean Greedy?
if you hold much money are you greedy?
Bitcoin is a digital money. If you hold bitcoin, it doesn't mean you are greedy.
Yes it is not greedy whenever you hold bitcoin because its a way or strategy of how you can make profit of what you have. It just a matter of being wise on here you are going to use and invest your money that can give you profit. Most holders are taking a risk because as bitcoin was decentralized they believed that its value will going to increase more in the near future.

gorodi
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March 13, 2018, 03:32:27 PM
 #1660

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 that investing in Bitcoin is not a matter of greed. It is a matter of business and practicability. That's all. Nothing more. I don’t think that moral questions are really have any sense here.
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