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Author Topic: Is holding bitcoin Greedy?  (Read 11176 times)
khaled0111
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November 06, 2017, 10:53:45 AM
 #181

Bitcoin is meant to be a tool to make daily purchases and to be used as an ordinary currency.
When bitcoin was created, the aim was not to hold it and wait for the price to rise. Greedy is a part of human nature, anyone want to make fast and easy fortune thus we can't blame holders but we have to be aware of side effect that holding for a long time can have on bitcoin network.

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November 06, 2017, 10:55:47 AM
 #182

The reason I am holding or at least not selling (most of my btc is in alt's atm) is because we have not reach BTC's potential. There is so much to come and thus selling your crypto is the same as robbing yourself. Simply because you lose out of much profit and innovation.
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November 06, 2017, 10:57:21 AM
 #183

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?

Holding bitcoin can be greedy depending on the situation. Greedy comes in if you have an intensive desire to be wealthy by holding your Bitcoin. With the consideration that you have already enough of money and still you wanted more. Example, if somebody close to you ask for your financial help due to an emergency and then you prefer not to convert your Bitcoin into a paper money because of the increasing value. Then this is greedy. But if you are to keep the Bitcoin and wait for a certain opportunity for investment inorder to provide the needs of your family then this is not Greedy. So don't be guilty of holding your Bitcoin if it is for a good intention.
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November 06, 2017, 11:01:09 AM
 #184

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?
everyone of us has unique thinking and its up on us what we are do in our bitcoin. for me holding of bitcoin is not greedy actually its one of the effective strategy to have an earnings but sometimes it comes to regret because your expecting or assume that the price next will rise up again but in opposite the price will become down. its only natural for us to hold an bitcoin the true greedy its like an hacker

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November 06, 2017, 11:01:36 AM
 #185

I think this not greedy this great decision to hold bitcoin.Greedy people is a pnic seller and wise people holding Bitcoin.so,i am not telling greedy who holding bitcoin

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November 06, 2017, 11:03:44 AM
 #186

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 is true that being greedy is a curse and it is one of the deadly sins.  But we cannot say that if you are holding or hoarding or keeping your bitcoins means that you are greedy.  For me it is just you being into reality and just being smart considering that bitcoin price right now is really high.  So if we keep our bitcoins then it means that we will have something to be assured of, we have money.  And money is the reason why we are all working hard, to get what we want and to help our families.  It is like just saving your money but the difference is its price changes and can make us rich.

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Cremeboy
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November 06, 2017, 11:13:54 AM
 #187

Holding bitcoin is like an investment strategy. No ibvestment strategy can be defined as greedy.
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November 06, 2017, 11:22:25 AM
 #188

I dont think holding  bitcoin will be considered being greedy. Being greedy is something that you hold because you want more, you dont want others to be ahead of you. If you hold because you have a plan in the first place then that is not greedy, that is just being smart and sticking out to your plan. As they always say, if it looks stupid but it works then that is nit stupid. There is a golden rule in trading. Plan your trade, trade your plan. This takes discipline and patience to succeed in this path. If some factors like greed or emotions hinder your plan, and you let it overcome you then there is no way you can go but to only lose your money.

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November 06, 2017, 11:33:54 AM
 #189

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?

In my opinion, holding bitcoin is not a greedy move because for me its an investment for short/long term. People hold bitcoins because they see potential and some using it for trading alt coin to maximize their volume. Its just a matter of strategy of how you spend your bitcoin to gain profit.

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November 06, 2017, 11:36:10 AM
 #190

I don't think so holding Bitcoin is a safer way than trading and doesn't require any knowledge about markets and that's the reason why I hold Bitcoin but trade in alt coins.
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November 06, 2017, 11:51:25 AM
 #191

no, its not greedy.
its funny if you say like that. every people have own desire. want to hold for long time or release fro short time.
greedy if you scam other people to get their what they do for
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November 06, 2017, 11:56:54 AM
 #192

Holding bitcoin is like an investment strategy. No ibvestment strategy can be defined as greedy.

For me its not being greedy but you just want to hodl because you want it to play safe. Of course everyone wants to make money and the safest way is to just hold on your bitcoin. There is nothing wrong with that. And I think you can dump a few coins of your coin if you really want to take some profits, so the option is always there. Being greedy is only applicable in gambling because you already won and you don't want to stop and hoping for win for more.

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November 06, 2017, 12:01:19 PM
 #193

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 it's not greedy, it's up to person himself how long he want to hold the coin until it reach the value he desire/set and it's not wrong. Different people have different target and strategies, some people want to go long for several years while the others only set a few months. If you also have to set stop limit so you won't end up holding too long until the coin lose it's value.

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November 06, 2017, 12:16:03 PM
 #194

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?

"Greed is Good" buddy.   Wink

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November 06, 2017, 12:19:10 PM
 #195

Holding Bitcoin is not greedy.
It is a form of investment.
As long as you don't get bitcoin from scamming others, I think you are not greedy.
You are just believing that bitcoin is a good investment and preparing for your future.
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November 06, 2017, 12:21:34 PM
 #196

Bitcoin will touch 50000 as per MCAFREE so it is better to hold Bitcoin for next 3 years

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November 06, 2017, 12:24:27 PM
 #197

i don't think this is a greedy behavior because some of people want to hold it until another folk coming
and some people is a true fans in bitcoin ,
Holding was not a greedy behavior. People hold because they want to get more profit and they believe that it will be worth it in the end as what we see in the change of its value every seconds. Holding is a form of investment were people get more money from it as the value of it continue increasing. Holding also was a strategy of a person on how he/she will handle his/her bitcoin.


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November 06, 2017, 12:31:23 PM
 #198

Why would anyone say this greedy , I mean it's just smart of you that you hold your coins and wait for the best value to achieve ( for example now ) .
It's not that you are stealing .
I have seen my friend who has been holding coins for many months and he has made pretty good profit.
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November 06, 2017, 01:18:03 PM
 #199

I don't think that I should comment anything on the holders as I am one of them. However, I believe that Bitcoin is a payment system and thus I try to spend at least 50% of my holdings because I think that movement is a growth. Since Bitcoin is in the early phase, I also believe that it will give good performance over the time and there is nothing wrong is asking for gains from speculation activities as the investor is also taking the risk with such kind of investment. However, first priority should be given to the making it effective payment system.

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November 06, 2017, 01:30:40 PM
 #200

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 smart and wise is way too different from being greedy. We all have goals in life and for us to achieve it we must work for it. Well,, holding bitcoin  I think is not greediness. It's just a smart decision to keep our money and gain higher profit. As long as we're not hurting anybody, that's not greediness.

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