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Author Topic: Is holding bitcoin Greedy?  (Read 4501 times)
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November 10, 2017, 12:05:36 PM
 #361

I do not think it's greed. I think it's just a smart way to maximize profits. As long as you're not troubling yourself, I mean you can still meet your needs, you do not really focus yourself on holding bitcoin, then it's not greed. Greed is not good, we should not be greedy, but I do not think it's greedy.
I agree with you that it is just the smart way to maximize the profit in bitcoin because with holding bitcoin then you can get the potential to get more profit in value of USD because when the price of bitcoin in the market goes up then you will be earning too because the value of your bitcoin appreciates and goes up so it is better to hold than selling or converting it into fiat.

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November 10, 2017, 05:25:56 PM
 #362

I do not think it's greed. I think it's just a smart way to maximize profits. As long as you're not troubling yourself, I mean you can still meet your needs, you do not really focus yourself on holding bitcoin, then it's not greed. Greed is not good, we should not be greedy, but I do not think it's greedy.
I agree with you that it is just the smart way to maximize the profit in bitcoin because with holding bitcoin then you can get the potential to get more profit in value of USD because when the price of bitcoin in the market goes up then you will be earning too because the value of your bitcoin appreciates and goes up so it is better to hold than selling or converting it into fiat.
Depends on your risk profile. There are a lot of people who can't afford to risk losing any money. But if you're a student or have a steady job I would just go all in and save money by eating less and not buying any expensive toys if I had to. If you have a lot of money it makes more sense to keep some stocks than to put everything in crypto though.

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November 11, 2017, 06:41:15 AM
 #363

First of all i want to say bitcoin  holding is not greedy. I have a right to hold Bitcoin and bitcoin holding is good thinking. if you want to increasing your money then you should buy bitcoin. Bitcoin has potential in the future and it is price increasing day by day. it is the best way to earn profit .
In trading each step is taken with millions of cleared thoughts, every person is trying to be rich n very short time and enjoying the blessings of nature by becoming financially stable, so it is not greedy or stingy to hold your bitcoin the person is just waiting for the worth to increase more so that he earn more and secure his future

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November 11, 2017, 06:45:30 AM
 #364

I think it was not until they decided to sell the BTC and they kept it. There will be times when they sell it and almost everyone keeps very little. Even if they do not sell it, they keep it in their wallet, it will never be returned, because it belongs to them. And the purpose of investing in Bitcoin is to make a profit so that keeping them in the purse is not because they are greedy, they are making money.

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November 11, 2017, 03:48:51 PM
 #365

No, it is not greediness. It is just being smart. Everyone has a right to hold bitcoin and keep them in their wallet. It's like saving coins in your piggy bank. Some are just being wise that they keep btc until the price of the bitcoin in the market goes up.
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November 11, 2017, 03:57:27 PM
 #366

No, it is not all about greediness. It is all about investment. Investing in bitcoin takes time to acquire greater profit as time goes on. Maybe the holder finds bitcoin as an asset that is why he/she holds it for future worth.

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November 12, 2017, 09:03:07 PM
 #367

I think it was not until they decided to sell the BTC and they kept it. There will be times when they sell it and almost everyone keeps very little. Even if they do not sell it, they keep it in their wallet, it will never be returned, because it belongs to them. And the purpose of investing in Bitcoin is to make a profit so that keeping them in the purse is not because they are greedy, they are making money.

all rich people are greedy and as long as you intend to hold bitcoin in order to become rich you are greedy somehow because you are holding for yourself in the long run and not  for the rest of us and that brings in some element of greed and i'm not saying that is a bad thing.

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November 12, 2017, 09:13:36 PM
 #368

I think it was not until they decided to sell the BTC and they kept it. There will be times when they sell it and almost everyone keeps very little. Even if they do not sell it, they keep it in their wallet, it will never be returned, because it belongs to them. And the purpose of investing in Bitcoin is to make a profit so that keeping them in the purse is not because they are greedy, they are making money.

all rich people are greedy and as long as you intend to hold bitcoin in order to become rich you are greedy somehow because you are holding for yourself in the long run and not  for the rest of us and that brings in some element of greed and i'm not saying that is a bad thing.
well i believe that holding bit oin is not greedy o believe that it was the smarter way to gain more profits in btc because biycoin price is really unstable that is why bitcoin is really exciting anytime of the hou can gain to it through buy and selling.sometimes people believe that holding is greedy but they were wrong because i believe holding is an strategy and it is a  preparation of the right time to sell or maybe  waiting for the price to rise.

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November 12, 2017, 09:45:04 PM
 #369

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 was never greed on holding bitcoins for a long time for as long as you have supported your families needs every single day,but if your family or even yourself is not financially stable and your family is in hunger and nothing to eat thats greed..why holding your bitcoin when your family suffer?
For me holding is patience and a wise choice that  someday i have something to offer for my next generation,my children..so that i will never worried their future when im gone.Lets just say im preparing it for them and its not greed you know.

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November 12, 2017, 10:28:57 PM
 #370

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 was never greed on holding bitcoins for a long time for as long as you have supported your families needs every single day,but if your family or even yourself is not financially stable and your family is in hunger and nothing to eat thats greed..why holding your bitcoin when your family suffer?
For me holding is patience and a wise choice that  someday i have something to offer for my next generation,my children..so that i will never worried their future when im gone.Lets just say im preparing it for them and its not greed you know.

It's no greed to hold bitcoins because i am holding for me and nobody else, i stole them from nobody else and so i don't see greed in it in any way. It is like saying keeping my car in my garage is greed but it is never greed because i bought it for personal use just like bitcoin.



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November 12, 2017, 10:31:05 PM
 #371

There is no greediness in holding bitcoin because everyone is aware that it pays more to hoard it
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November 13, 2017, 10:17:38 AM
 #372

To me bitcoin holding is not greedy.If you just want to earn free btc with no work that will be greedy but if you buy bitcoin and hold it for profit that's not greedy
It depend upon the thoughts of the people but I am in favor of investment as well as trading and mining as I want to earn money on daily basis without break and I fount that profit in these of activities so just invest and get the profit within no time.

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November 13, 2017, 10:46:51 AM
 #373

Holding your own bitcoin is not being a greedy person. Or maybe, some of them are. I can say that it is not being greedy though because holding bitcoin means that we are waiting for the higher price and everyone actually knows about that.
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November 13, 2017, 11:04:14 AM
 #374

Of course not! Thing of it as some important minerals like gold or silver. You will most likely keep it since there is scarcity and its price goes up as time passes. I think it is not greed for bitcoin holders to hold it because we all know that it rises in value every year. Also there is a limit of bitcoin production so if time comes where theres enough bitcoin in circulation then buying it will take such huge money so i think its smart to hold bitcoin  Cheesy
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November 13, 2017, 11:32:02 AM
 #375

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 don't think so. Because for me, we are free to do whatever we want to do with our bitcoin as long as it is yours. If they choose to hold their bitcoin, then we have nothing to worry about it. It is up to them on how , when and where will they use it. And there is no rule that abide on how we must use our bitcoin.

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November 13, 2017, 11:41:01 AM
 #376

It depends on how you are holding your money, If you use all your budget to invest in bitcoins and you do not have anymore money left to spend in your daily needs then that is being greedy and you should balance your budget so you can still your daily lifestyle because bitcoins is not consistent.

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November 13, 2017, 11:45:19 AM
 #377

Well i don't think so that holding bitcoin is greedy i think holding bitcoins is a smart way to use and earn profits.As bitcoins are in demand and it's prices has risen too much like this year bitcoins has gone from $900 to $7600 so holding can be profitable and a smart move.And it depends on person to person how to use bitcoins.

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November 13, 2017, 11:54:00 AM
 #378

I don't think that holding bitcoin is greedy because if you will hold bitcoin just like the other people then you will not lose money because the price of bitcoin will give you a lot of profit once it gets pumping and you should think that holding bitcoin means less risk than the other way of making money with bitcoin.

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November 13, 2017, 05:39:24 PM
 #379

Anyone  want to get More profits then Is he Greedy?
There is a person who does not want to get into business.That's why he can not be greedy.Invested money on cryptomarket It is a business.Anyone holding bitcoin then he is not greedy.

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November 13, 2017, 05:45:18 PM
 #380

Holding bitcoin depends on who have bitcoin.bitcoin price falling now ,so it's time to hold bitcoin now.price become high again soon.thank you.
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