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Author Topic: Is holding bitcoin Greedy?  (Read 12645 times)
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November 06, 2017, 02:15:10 PM
 #201

Greedy or not, the majority of people seem to be doing it. That's why we are seeing a price of 7000+, and who knows where it will stop.

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November 06, 2017, 02:20:56 PM
 #202

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.
It's really true holding bitcoin is not a greediness it is a good form of investment so I think investment is a good way like Bitcoin,  keep it up.
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November 06, 2017, 02:24:58 PM
 #203

By that logic, anyone saving up money in the bank or investing in other businesses are greedy--which is not the case. Wanting to live without worrying financially is not greed; jeopardizing someone to reach that goal is.

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November 06, 2017, 02:25:43 PM
 #204

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.
I am completely agree with you . its not just bitcoin its assets , its future and its money.Be a greedy is not curse but too much Greedy.
its competition to hold more point . because we all know bitcoin has end. after that it wont come in market so whoever have hold it ,only they can describe it. but its depends many factor how much hold and till when hold. just game of mind and market  Smiley

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November 06, 2017, 02:27:15 PM
 #205

It is not greediness to hold to bitcoin.  Waiting for the right time to spend the money is another reason for holding on.  Waiting for increase value in bitcoin is also one good reason...this is what I know of from the friends of my child.  Holding on to my bitcoin is not being greedy but rather waiting for the right value to trade at the right time to fill my wants and needs.

Yes, holding you are thinking on a better future for you and for those you love and that you are a responsible person that don't waste money. We have the right to choose spending or holding without fear of retaliations from others. I believe greed is something that always end bad, like when you do anything for money, including illegal activities or when you can't control yourself like gambling too much. Bitcoin holding is the opposite, only give us benefits.

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November 06, 2017, 02:29:33 PM
 #206

One kind of greedy maximum Bitcoin holder i think.Because they try to all money convert into Bitcoin but online money is always risky firstly you have to understand than you can decide how amount you can invest with Bitcoin.
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November 06, 2017, 02:33:41 PM
 #207

Yes i do think its quiet greedy. The supply that circulates among the market lessen due to the holding of others. It only means that bitcoin will be needed more due to lack of presence.

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November 06, 2017, 02:37:18 PM
 #208

Greedy or not, the majority of people seem to be doing it. That's why we are seeing a price of 7000+, and who knows where it will stop.

Holding a bitcoin does not mean your greedy, It only means that you did the right decision and the coins price will still grow so just wait till it happen, Investing to bitcoins will make you earn more profit, Try to read about the  speculations from professional traders to be more knowledgeable.

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November 06, 2017, 02:40:17 PM
 #209

I agree with you that holding bitcoin is greedy. Bitcoin price is increasing day by day. Bitcoin price is so high. Everyone wants high price of bitcoin and they holding bitcoin.
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November 06, 2017, 03:14:06 PM
 #210

I don't think so. Being greedy is a having a desire to have more of something in the expense of others. Holding bitcoin is far from being greedy. I think, it's actually a good decision and being wise and smart. It's not so different from investing in a long term.

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November 06, 2017, 03:27:19 PM
 #211

I do believe each person has different goal into crypto world, all wanna to be rich, but each one will sell their coins at some point, with profit or a loss they will sell. I wouldnt consider greedy, even knowing people wanna to hold to get bigger values, i do believe a lot people had stored and keeps storing into bitcoin their fiat and savings, due to its big potencial to accumulate health into the short time, this years we made already 7x since January. Its like have the lotery key and willing to sell to another person for a price, knowing you will win.... something is impossible to do nowadays, but some games are rigged.

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November 06, 2017, 03:37:36 PM
 #212

Its not in any way being greedy. For me i hold unto BTC because its an asset to me that has great potential of growing in value unhindered. So i rather hold it tight than sell.

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November 06, 2017, 03:43:19 PM
 #213

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's not greedy, it's just you believe in bitcoin, you think that the value right now is too low compared to it's potential and it can go more in the future. But keep holding without seeing the market condition isn't good. You should always set stop limit, how low you can accept the loss before you decided to bail out. That way you can prevent the situation where you'll end up with nothing.

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November 06, 2017, 04:28:30 PM
 #214



It is not greediness to hold to bitcoin.  Waiting for the right time to spend the money is another reason for holding on.  Waiting for increase value in bitcoin is also one good reason...this is what I know of from the friends of my child.  Holding on to my bitcoin is not being greedy but rather waiting for the right value to trade at the right time to fill my wants and needs.




Yes this is what I said earlier because greed and earning with your smartness are completely two different thing in the long term. I believe in the hard work as well as smart work and with bitcoin you have to be smart always and save it in the wallet rather than spend it. Who said it doesn't help the blockchain, it is helping thats why new things are happening with bitcoin all the time. The developments are really different part though but with all the popularity new comers are coming everyday and they are making loads of investment into it though alts, bitcoins, and other ways of mechandise. So I believe everything is working just fine.


Those who want to hold can hold for the bright future and those who want to trade can trade always, that is what decentralisation is all about. Freedom.

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November 06, 2017, 04:30:05 PM
 #215

I think it is very greedy right now because i think that the value will drop in the near future so you should watch out that you not hold the bitcoins to long because there is not much change in value then it was a couple of months ago.
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November 06, 2017, 04:39:35 PM
 #216

No it is not because it is your own money you can do whatever you want to do with it and that is why it is not greedy because why should it be greedy that you do not want to sell your money but keep it? there are other people who sell so don't feel greedy.
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November 06, 2017, 04:54:08 PM
 #217

Holding Bitcoin is not in negative side,holding it means saving.If you know how to save you know how to become smart and being smart is in positive side.If you hold your Bitcoin you are not greedy but smart.

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November 06, 2017, 04:56:59 PM
 #218

It is very greedy but i think that is what we all are because we all are here because we need more money and greeded by putting our lives on the line by buying bitcoin and now we are here with a lot of profit and a big smile on our face.
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November 06, 2017, 05:01:01 PM
 #219

I wonder what would happen if the entire blockchain and bitcoin is not decentralised because it will mean some set of people will then decide what should be done and when it should be done to everybody. The same set of people who would accuse someone of being greedy for holding will come to vilify if you sell too quickly as an unbeliever. In bitcoin, everyone is free to choose whatever he so wishes without judgement from anybody.
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November 06, 2017, 05:14:13 PM
 #220

I don't think so at all. I think its a smart move that will help one out in future. Think of it like a savings account. Is saving money greedy. NO!
If a person earns $1000 through his/her hardwork and invest in bitcoins so that he/she can have a better future. This isn't greediness at all. In India, people tend to buy gold as a future saving. I think everyone should invest their some amount of earnings in bitcoin.
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