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Author Topic: Is holding bitcoin Greedy?  (Read 4980 times)
Darker45
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November 07, 2017, 10:58:16 PM
 #261

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?

Be greedy, mate... in a good way. You are not hurting anyone, you are not depriving anyone of opportunities, you are not exploiting anyone, when you are holding Bitcoins. There is no violation or crime or offense you are committing if you hold as much Bitcoins as you can. That is a good and legal investment. But be greedy with a mind. Do not just become a blind greedy person who wants everything without thinking.

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prem1852
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November 07, 2017, 11:03:11 PM
 #262

why you think it is greedy! see the market depth and try to buy at low price but don't sell your coin at low price. try to sell with a minimum profit. that's all.
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November 07, 2017, 11:14:18 PM
 #263

We live in a market dominated by the predatory capitalist system. It has always awarded to those who possess more things as the true winners of life. While it is true that the original idea of bitcoin was to undermine the current system, the entry of big capital here has made bitcoin another good desirable for everyone, so the desire to hold bitcoin is only a natural consequence of that.

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November 08, 2017, 12:07:37 AM
 #264

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?

Be greedy, mate... in a good way. You are not hurting anyone, you are not depriving anyone of opportunities, you are not exploiting anyone, when you are holding Bitcoins. There is no violation or crime or offense you are committing if you hold as much Bitcoins as you can. That is a good and legal investment. But be greedy with a mind. Do not just become a blind greedy person who wants everything without thinking.

That's right, being greed sometimes is ok specially when you really want to secure your future but in a good way. Be greed to get more bitcoin, grab more opportunities but always be in a good manner and you will surely get rewarded. Holding bitcoin is not being greed it's about being secure for a brighter future.

bazdarx8
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November 08, 2017, 12:11:32 AM
 #265

I wouldn't say holding Bitcoin is Greedy its like an investment you want to hold onto your value until it get to a point where you know you can sell to make a profit.
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November 08, 2017, 01:14:18 AM
 #266

No, that's not it. holding bitcoin is not greedy and greedy is not a curse. Those who think like that are conservative. Holding a bitcoin for me is a job and I like this job. Every now and then, I go to see every little bitcoin change and this is really interesting

So, I think that if you want to succeed and become rich in the future, then hold a bitcoin...

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November 08, 2017, 01:18:27 AM
 #267

greedy is different from wanting to improve you financial status in life, btc  is just like cash invested in banks or property, the more you invest, the more profit you will gain, holding btc to gain more is the same, it is called investments. that's the game you should play, that is its nature, why invest if you don't want to gain more profit. don't worry , holding btc is not being greedy.

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November 08, 2017, 01:22:31 AM
 #268

Yes and no,  while it's a bit greedy in the aspect that you might be getting too greedy by wanting it to go up more than it already has,  it's also fair enough to feel like I do where you truly believe that bitcoin will continue to go up and that it's a good idea to hold it and keep using it.  Really,  you should make your own decision op,  and only invest what you're willing to lose!

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November 08, 2017, 01:23:16 AM
 #269

It's  not about being greedy it about making the right choice and making the decisions for your investment if you were an ordinary person then it would be greedy but if you were an investor then it would be maximize to your investment its about making profit as best as you can with all the efforts, money, and time you put through wouldn't  it be the best decision.

kier010
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November 08, 2017, 01:25:13 AM
 #270

no it is not you are just being smart and you just want to earn profit. well it depends on a person if he/she want to call it greedy but as for me it is not.

susuberuang
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November 08, 2017, 01:47:40 AM
 #271

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 is the best way because bitcoin is very limited and its demand is very much, it makes bitcoin price higher from year to year, do not sell your bitcoin at cheap price, wait bitcoin price becomes very expensive.

East7547
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November 08, 2017, 01:50:08 AM
 #272

Holding Bitcoin is an investment definitely not greedy
pocketfullofpoke
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November 08, 2017, 01:58:00 AM
 #273

I think not because holding bitcoins means you are investing big for your future use. That's actually the soul of investing. You gotta hold your coins and sell it on a higher value later.

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goaldigger
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November 08, 2017, 02:10:54 AM
 #274

Greed on holding bitcoin is a misconception where savings using cryptocurrency to have it earn more are considered greedy. Well in fact it is what your soul purpose why you invest on bitcoin. Greed is when you make foul actions just to earn bitcoin. Holding it is just a technique on how to make it more profitable.

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November 08, 2017, 02:38:39 AM
 #275

of course not !! it s genius  Wink
tiger2monkey
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November 08, 2017, 02:56:27 AM
 #276

There are greedy persons who hold bitcoin. But holding bitcoin is not necessary greedy. Bitcoin is like an investment - one investment with high return and high risk. Bitcoin is becoming an new class of asset. But it is not for everyone due to its high risk.

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November 08, 2017, 03:10:33 AM
 #277

I don't thin so in the case of the bitcoin as it is always growing up. As I think the longer you hold bitcoin the more profit you will claim.
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November 08, 2017, 03:10:35 AM
 #278

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?

That is absurd, holding your bitcoin is definitely not greedy. It that is the matter, then all of the people who are holding their money in banks with interest are greedy.  I'm not really sure of how others think of this, but for me, Im holding my bitcoin until I need the money. So I dont really care how much the price is, as long as I need the money, Im gonna convert my bitcoin anyway.

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November 08, 2017, 03:13:59 AM
 #279

BitCoin is just Getting Started If You Know the Value of it And the Future of the Technology you can HODL as much as you want Smiley or maybe they dont need money yet to withdraw hahaha

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November 08, 2017, 03:16:07 AM
 #280

Is capitalism greedy? Yes, yes it is. It's what most of the western world is modelled around, and what Bitcoin is based on. The idea of greed holds a negative stigma, but greed is what drives us to progress. To claim up the ranks of society.

What sets bitcoin apart from the other cryptocurrencies out there is the fact that it's a great store of value. It's not representative of a currency, like fiat, it's not as useful as something like Ethereum. It's like gold. Partly useful, mostly used for its value.

I doubt anything will change that.



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