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Author Topic: Is holding bitcoin Greedy?  (Read 12645 times)
Redanim
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November 04, 2017, 08:37:51 PM
 #41

Why do you think so?  Simply any person wants earn more money if it's reasonable to think, for example, if you will buy today bitcoins for $ 7,500 and tomorrow u will sell for $ 7,600, it does not make sense, you'll have to pay for commission on withdrawal or for exchangers, so people are waiting for a suitable course for saling.
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November 04, 2017, 09:40:06 PM
 #42

I think holding bitcoin is not greedy, it is an investment way. So, I think we can not blame the people for that. To make good profits, holding a coin can sometimes be a good way, and this is not greed.

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November 04, 2017, 10:21:05 PM
 #43

Holding is by no means greedy. What if I said that selling is greedy. You want to realize profits as soon as possible and spend your newly earned money. You don't care about Bitcoin, you're not interested in the technology and don't want to wait and see if it succeeds. You want your money here and now. Isn't it the definition of greed?

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November 04, 2017, 10:32:29 PM
 #44

No, Holding bitcoin is not greedy, It's an investment and it not called greed. Greed is when you have enough amount of money and you will risk more and more without any investment and a lot of risk.

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November 04, 2017, 10:51:37 PM
 #45

Holding Bitcoins is not greedy but it is smart. Would you sell your Bitcoins for 100 usd? when you can sell it for 6500 usd. I feel like being smart is the right thing to do.

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November 04, 2017, 10:52:01 PM
 #46

Hodling bitcoin is not a greedy idea but also an investment plan. But it might appear a greedy thing with the way the price has sky rocketed within these few days. One cannot imagine the profits being doubled in thousands in this few days and also bearing in mind the 10,000$ being projected by the market. So, hodling bitcoin is really worth it now b4 it dives down again. So, please hodl if you have to

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November 04, 2017, 10:55:55 PM
 #47

It's not greedy, with the recent uprise in price.

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November 04, 2017, 11:06:58 PM
 #48

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?

Bitcoin holding is an investment not greediness. I always sell part of my coins after every price rise. If you keep holding your coins thinking about to get more and more profit then yes it can be called greedy and they might have to end up with nothing.
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November 04, 2017, 11:12:34 PM
 #49

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 can say that it do involve some greed because we do really expect for profits or money which we do tend to hold up for longterm earning but yet it is not actually on severe state since we are investor which means we would normally do such thing when we see theres an opportunity on making money and got to ask,whose the one who dont like to earn money?The thing here is that no one could force you to hold up or use your bitcoin.
It your choice if you do hold for long term no matter what other people say since its our money after all.

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November 04, 2017, 11:18:00 PM
 #50

I guess "greedy" is not suitable for Bitcoin holders. Because Bitcoin holders are lucky people. They can get or buy Bitcoin for the benefit of the future (heredity, parents). And if you say that the holder of Bitcoin is a greedy person, what about the more conventional Money holders than Bitcoin?

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November 04, 2017, 11:20:37 PM
 #51

It's not greed brcauseas a person or if you have family you need more money to buy your wants and needs everyday so those people hold their bitcoin for longtime they want to earn big profit for different purposes. Even school teaxh greed is not good I think in different ways. But if you wany to hold your bitcoin for lontime it's your choice . We have different opinions in our life.
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November 04, 2017, 11:59:03 PM
 #52

The most of the people who are holding are deep understanders of the blockchain and bought the bitcoin very cheap and are just holding because they think legal, but this year, 2017, many laics have appeared and are buying large quantities and holding in hopes that the bullish trend never end, and that they do not know the real economical concepts behind that, making the "greedy hold" a reality.

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November 05, 2017, 12:37:03 AM
 #53

I think holding bitcoin is a good idea, because bitcoin prices always increase over time, so we will not lose if bitcoin hold for a certain time, because I think bitcoin has a function as a long-term investment  Grin

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November 05, 2017, 12:39:56 AM
 #54

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 not greed but more that like you are saving money to expect a bright future for you so that is what say as an investment. although in the future it can happen like the loss or not worth bitcoin that will be backfire for the holder is called the risk is not greedy because they from the beginning accept the risk to invest in bitcoin. risk and greed are different.

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November 05, 2017, 12:47:42 AM
 #55

Holding bitcoin can not be call greedy, whenever bitcoin rise too much, we always want to save as much as bitcoin in our wallet because we all hope for it will rise more in the future, although there are risks in doing that, we can lost profit if bitcoin went down, but everything has its own risk, so we should not call holding bitcoin is greedy but taking high risks.

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November 05, 2017, 12:51:20 AM
 #56

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 not greed but more that like you are saving money to expect a bright future for you so that is what say as an investment. although in the future it can happen like the loss or not worth bitcoin that will be backfire for the holder is called the risk is not greedy because they from the beginning accept the risk to invest in bitcoin. risk and greed are different.

But you need to think its not everyone thinks like you, i have a lot of friends which wants to buy bitcoin only because the price climbs in the last weeks, and they dont know anything about the signification of a miner or a tax of transaction and they only wants to earn money without knowing about the consequences.

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November 05, 2017, 12:51:48 AM
 #57

This is not greediness, that is smart investment. Does this kind of thing only exist on bitcoin investing, in stock market this is a normal thing. I believe in all marketing strategies, holder are a common thing. I don’t know on what instances that you find to call it that way, or asking this question seems not appropriate.

Every bitcoiners has the right to decide on what to do on the bitcoin they’ve earned and bought. If holders have decided to sold all of they’re bitcoin, a big crashed will come into reality.
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November 05, 2017, 12:54:09 AM
 #58

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?

You became a Hero Member inthis forum and yet you think that holding your Bitcoin is greedy? Holding it is not a sign of greediness. It only means that you know what you are doing with your Bitcoin. It means that you believe in it and have hopes that its value will still rise in the future. You will never regret holding your Bitcoin.

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November 05, 2017, 12:54:52 AM
 #59

It is meaningless to sell for low price if you entered to position with high expectations. Traders mainly wait for bounce in order to get cheap tokens. Later smart traders buy back all coins and make a good profit with following price trend Wink

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November 05, 2017, 12:57:58 AM
 #60

Holding bitcoin for a longer period of time in quest for good return on your investment cannot be seen as being greedy what so ever, for no investors expect nothing in his or her investment than profit and getting profit from your investment should not be seeing as been greedy.

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