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Author Topic: Is holding bitcoin Greedy?  (Read 12673 times)
rayymat
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November 15, 2017, 01:33:15 PM
 #401

greed is a curse, yes it is like being greedy, we should leave bitcoin now and invest in new altcoins, its time to stay away from 17$ per trx fee bitcoin
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November 15, 2017, 01:40:29 PM
 #402

i don't think this is a greedy behavior because some of people want to hold it until another folk coming
and some people is a true fans in bitcoin ,

On top of that, we all know that bitcoin's value is volatile which means its market value will extremely go high at any point of time and that what makes them HODL on bitcoins. The more you HODL while its market value rises up, the more profit you will earn when you decide to sell your precious digital coin.

That is a good explanation. It is being strategical rather than being greedy. When there is a strong trend in any kind of market, you hold it till the trend is broken which is not even close to be broken at the moment. So that is pretty ok to hold it at the moment.
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November 15, 2017, 01:52:23 PM
 #403

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 guess no. It just a matter of being wise. You just only know when and where to spend your money. All of us wont experienced to lessen their money much so that they will do to hold their money. At that moment you just only know on how to handle your money in a good terms.

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November 15, 2017, 03:04:20 PM
 #404

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.
Not at all it’s a kind of business and every one want to make money in this world so basically they are holding bitcoin for right time they know very well that the price is low little bit so when the price go high then they will sell all their bitcoin and they will take a very good profit from it so I think it’s not a greed and a king of business.

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November 18, 2017, 05:34:26 AM
 #405

Bitcoins are currently the best you can do
Yes the bitcoin is the best and the it is the best thing about the bitcoin that the value is increasing with the time I hope the future of the bitcoin is increasing more and more, I hope the future of the bitcoin is getting high and it is the reason why all the people are having the fun I hope this will give all the people the price worthy and I can see how the bitcoin will get high and a lot of the people will use the bitcoin.

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November 18, 2017, 05:45:50 AM
 #406

Everybody wants to profit from his business.Holding a bitcoin is also a business.So he will get hold of it, what is there to be greedy?He can not be greedy in any way.
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November 18, 2017, 06:19:09 AM
 #407

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?
Nope, for me it's not being greedy at all. Saving any amount you possess for a greater return and for emergency purposes for me is a wise decision.

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November 18, 2017, 12:31:25 PM
 #408

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
Obviously there is nothing wrong in pondering over methods of making money to live a lavish or at least satisfied life.

No matter whether it is trading or holding of bitcoin, the ultimate objective of everyone is to obtain profit and if someone is holding bitcoin for long time just for making money, there is nothing wrong or immoral about it. Greed is very negative word used for this method of making money.


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November 18, 2017, 12:39:30 PM
 #409

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 hodling bitcoin is greedy. Its looking out for your own future. Its believing in the technology that bitcoin uses. I think people saying its greed is that they don't understand the technology or they are just jealous they don't own any bitcoin. What type of person doesn't encourage saving and investing? As far as I'm concerned everyone should buy and store some bitcoin.

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November 18, 2017, 12:44:19 PM
 #410

i think its not bad if you hold your bitcoin.. and didn't see that is a greedy behavior.. you are just want to earn more that's why you are holding your BTC.. i think that is a smart move to make it grow your profit and also you can invest... for the future..

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November 18, 2017, 12:57:37 PM
 #411

just kinda greedy, but its the best way of being smart for holding a bitcoin in long period of time because the value of it will increased and people choose to wait for it.

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November 18, 2017, 01:29:19 PM
 #412

Being rich by saving money for a long time is not a mistake.
while Greedy is a form of the nature of a person who is never satisfied to meet his needs, there are rich people who have 10 Btc or 100 Btc is enough, but there are also who want to have even more. These could be part of the nature of people who wants to take everything. As rising bitcoins prices going moon, many people always continue to buy and save it. I think this will certainly be a boomerang in future.

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November 18, 2017, 01:57:22 PM
 #413

i think its not bad if you hold your bitcoin.. and didn't see that is a greedy behavior.. you are just want to earn more that's why you are holding your BTC.. i think that is a smart move to make it grow your profit and also you can invest... for the future..
You have a point, holding bitcoin doesn't mean you're being greedy it just happen that you want to save for something big. Bigger than spending it on useless things. For example investing it on different projects or try trading for once. This is only a few steps to have a brighter future.

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November 19, 2017, 11:28:38 PM
 #414

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 hodling bitcoin is greedy. Its looking out for your own future. Its believing in the technology that bitcoin uses. I think people saying its greed is that they don't understand the technology or they are just jealous they don't own any bitcoin. What type of person doesn't encourage saving and investing? As far as I'm concerned everyone should buy and store some bitcoin.
Are the people greedy who have invested in businesses? If working and investment are goes to define greedy so I think all people of the world are greedy. Holding bitcoin especially in the days when the price is going down is a great act of patience. Generally, if your investment is still investment so it will give you return but when you withdraw your investment so it will not give you something in return and it is the name of business. Bitcoin business requires holding for good earning in future so it is not an act of greedy. 

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November 19, 2017, 11:54:37 PM
 #415

Is holding makes people greedy? It is a big no, because you just make profit and it is a business you help to make price goes high

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November 20, 2017, 12:12:15 AM
 #416

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...Every Bitcoin user has his own reasons for holding his Bitcoin. But greediness may be the least of them. It is the purpose of that person which would determine whether he is under the influence of greed or not. And whatever that reason may be, only the user will ever know.

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November 20, 2017, 12:40:31 AM
 #417

Generally  people earn less money for their work. But every person has to accumulate some money for their future days. I don't prefer to spend my money to buy some unnecessary things. I bought Bitcoin.  I can't describe myself as a greedy person, because I need more money to live and Bitcoin may be help me make it happen.

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November 20, 2017, 12:47:05 AM
 #418

for me the bitcoin snapping is a way to earn a great deal and it's not greedy because since then you hold it and now it's rich today.

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November 20, 2017, 12:53:10 AM
 #419

In a way yes because they like to maximize their profit and who does'nt like that.

If everyone hold their coin and just be greedy i think it will make the price more higher.

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November 20, 2017, 01:23:39 AM
 #420

No sir, this is a strategy used by investors and traders and cannot be simply stated as being greedy.
I think that there's nothing wrong in holding you assets and waiting until the price is right to spend or sell again.
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