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Author Topic: Is holding bitcoin Greedy?  (Read 4743 times)
salad daging
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November 08, 2017, 03:19:05 AM
 #281

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 many bitcoin holders hold bitcoins to higher prices, because I think bitcoin holders are confident with higher bitcoin prices, for greedy issues or not just a narrow investment view, as you better follow their lead. than constantly to correct things like that and you get nothing.

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November 08, 2017, 03:24:58 AM
 #282

Thats the consequence of holding bitcoin,or any other coin when at the end,come to nothing so theres no need to think of holding bitcoin is greediness,its just a simple action of gambling your resources for own expense.what are we doing in our jewels?were hokding them for long time and sometimes untill we die they remain on hand.is that greedy?so better to hold them for long period when we are expecting best in return
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November 08, 2017, 03:57:05 AM
 #283

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 a risk that we are willing to take, each person needs to decide what it is better for them and if people think that is better to hold then that is fine, if someone thinks the best thing they can do is to spend their bitcoin or to sell it that is fine too.
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November 08, 2017, 04:07:13 AM
 #284

Yes, you can say as everyone wants better Returns on their investment so they try to hold their Bitcoin for long time. But I think this a right decision to hold Bitcoin and cannot be termed as greediness. If a person does not sell Bitcoin even if he needs them and wait for price to rise more then that can be claimed as an act of greediness.
We cannot say holding bitcoin would means of greediness. Users holding of btc because of the reasons to get earned profit. Most bitcoin holders this is the reasons for holding btc, the advantages to have an income online.

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November 08, 2017, 04:09:15 AM
 #285

In my view holding is good.. But time to time withdraw.. Otherwise you not enjoyed... We have touch fresh money othwerwise not kick

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November 08, 2017, 04:12:43 AM
 #286

I don't think that holding bitcoin is greedy. An individual who's aspirant on become rich someday should not be thrifty. Bitcoin is a matter of investment just like in stocks. If you maintain your bitcoin in your wallet for a long term, it could increase or decrease because one does not know when bitcoin would reach their margin and decrease. As of the moment, I believe that Bitcoin is on the verge of increasing it's value since more and more investors come to realize that Bitcoin would be the next good thing.

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November 08, 2017, 04:24:12 AM
 #287

No, It Is the Wisest Way to Invest Bitcoin. If i Hold my Bitcoin For A Long Time Then Nobody Will Matter Because it's All mine How Can they say that i am greedy if I own The Bitcoin haha, but Not Too much Holding may you will be also called Hoarder, maybe you can convert and Withdraw Twice A Month Since Every month Bitcoin Price Goes up. Just Keep Holding Bitcoin Don't mind Naysayers.

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November 08, 2017, 08:25:39 AM
 #288

Holding bitcoin is not the way of being greedy because if you are holding bitcoin then you are just holding to the hope that the price of bitcoin will go up even higher and when that price is reached in the market then the price will give a lot of benefit and there is nothing to worry about bitcoin because it is still young and it will give a lot more surprises for us.

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November 08, 2017, 08:32:49 AM
 #289

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 i would like to be greedy , why do you even say that ? holding btc is the most profitable things if you have time to observe and buying when its low and sell when its high , just easy peasy but if someone saying that holding btc is greedy , i think that was for other things such a fairytale and other mindless story  Cool , nb : do you personally believe that curse is real ?

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November 08, 2017, 08:44:06 AM
 #290

Why would investing in something you believe in is greedy?
Think of the people who invested in shares issued by Coca Cola decades ago!
Of the people who bought Apple shares and didn't let go when the company went down!
Of the people who believed in the internet and became early adopters or the people who saw an opportunity in Google's search engine and became experts in SEO!

I believe that Bitcoin's value will keep on increasing for now, so it's a sound investment.
Keep your coins a bit longer before bailing ship!

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November 08, 2017, 09:00:28 AM
 #291

I think it's not being greedy for I have a right to hold it. I earned it with my patience and my perseverance so why it would be greedy? If you get it without any conflict with other people and if you don't oppress anyone it's not a bad thing and keeping a bitcoin for a long period of time is not permanent you can call it an investment but not greed. And holding it for a long time is a good move because it can increase its value so you can sell it at the right time I think it is wrong to call it greedy because I or We put a lot of lots of hard work to earn it.

Your absolutely right.  Holding bitcoin is not greedy,  it's called smart strategy. We have the right to hold. Do whatever we want to do with our bitcoin. We gain our bitcoin because of our hardwork so it's our price. We deserved it.

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November 08, 2017, 09:14:57 AM
 #292

I think the word "greed" being applied to those who are hodling on their bitcoin is too much.
It is thwir right to do what they want to do with their coins.  They can sell it if thry want too or hodl it if they wish too.

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November 08, 2017, 09:34:34 AM
 #293

I think the word "greed" being applied to those who are hodling on their bitcoin is too much.
It is thwir right to do what they want to do with their coins.  They can sell it if thry want too or hodl it if they wish too.
well i believe that holding btc even it is to much is not really greedy i think we must call it as a strategic way of earning .because holding btc is really profitable if we really have patience to wait for the right time to sell because as we have known there are lots of investors or maybe a buyer of btc is really getting profit on it specially when we buy it during low price.

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November 08, 2017, 09:39:11 AM
 #294

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 upto your decision of whether you want to sell the bitcoins are 7k or 8k value or you want to hold it for long. Because no one can force you to sell or hold bitcoins. I am just holding only some part of my bitcoin income in bitcoin balance i just convert to fiat currency on all rise as i cannot take risk if tomorrow bitcoin goes dead , let it be that in future the bitcoin will be more high price i am satisfied with small amount of bitcoin investment.

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November 08, 2017, 10:12:02 AM
 #295

When they invest in Bitcoin, they have to accept risks. Bitcoin maybe likes "Stock bubble or Real estate bubble". The most important is that you have to control your emotion. Do not be too greedy.

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November 08, 2017, 10:34:50 AM
 #296

I think this is a misconception, it doesn't mean that if you hodl you are greedy, it.is just.taking care of your investments, if you check on banks, they hold yoir money for a long time, specifically.if.you put them on time.deposits, when it is alrrady time for you to withdraw, there will be fees, and you will just get below 10% of the interest of your money, and that will take you more than 10 years,  and the bank getting money from you, out of thin air, that is greedy, well as for holding bitcoins, bitcoin's value increases through time, but that doesn't mean you're greedy, that's how investing works, your invesment rither gives you capital gain or capital loss.

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November 08, 2017, 11:27:13 AM
 #297

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.
In trading being smart and wise is not termed as greedy or stingy, in trading yu are allowed to use your money the way and the time when you want, its not been greedy it is just wise decision to hold your money and wait for it to get more worthy and then either sell it or invest it so to get a high profit

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November 08, 2017, 11:46:30 AM
 #298

In my view holding is good.. But time to time withdraw.. Otherwise you not enjoyed... We have touch fresh money othwerwise not kick

Holding is good all the time, and you couldn't tell that its time to withdraw since the price of bitcoin is always fluctuating, we could never tell when it will PUMP and DUMP, but there is no wrong and right time also to withdraw your bitcoin, I mean, it is all about getting the right prediction to have more profits after we hold our bitcoin in the long run. Holding bitcoin is not about being greedy, it is about being smart because the more time you spend on holding your bitcoin, the more profits that you could get rather than not holding it for too long.

But if you are going to call it being greedy, then I guess I could call myself a greedy one, a greedy person that wants profits on bitcoin.


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November 08, 2017, 11:52:17 AM
 #299

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 its not called greedy people who holding their bitcoin its just like an strategy to them they think wisely to earn more and more they not greedy because if we think carefully greedy means showing intensely and selfishness to desire one thing. i dont think that holding bitcoin is intensely they just wait and when the price go up they only timing it. its good for me because i earn and i have no interference in the other people so as long that i dont make bad for other people just to earn a bitcoin its not greedy for me.

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November 08, 2017, 11:55:28 AM
 #300

It is just a matter of financial planning on how you want to maximize the value of the Bitcoin you can get when you keep on holding it. Bitcoin price is unpredictable, so we must plan ahead instead on how can we predict the possible maximum amount that the Bitcoin can be in a week or month.

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