Is holding bitcoin Greedy?

[luigidosado]

I don't consider it being greedy, but a proper way of investment. Before buying bitcoin, it is a must that you should first monitor its value from time to time. More importantly when selling bitcoin where in you must be extra careful when to sell it. You want to sell your asset as high as possible to get the maximum possible profit you can get. That's why they hold their bitcoin for a while. And also, holding bitcoin is just like saving money.

[lekam0213]

No because that is just being practical in using your bitcoin if you can get its higher worth why not grab it? That is also the strategy of some and a way of investing bitcoin.

[pecson134]

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 can't certainly say that those who were holding bitcoins were greedy people. Holding bitcoins is only one of the strategy to have a higher profit and indeed a normal action for someone who were targeting a higher ROI. Even me if I had so much bitcoins I will hold some of them and wait for the right time to exchange them that will make a huge profit.

[Jovl]

Holding bitcoin is not greediness,the one who holds it right now may wait for the perfect time to use or invest it when it gets higher value.Its only part of strategic plans in how to invest it and has a vision that will increases to about 10x fold to gain much profit and success.

[imamimam1234]

Greed is a Curse , based on what their thoughts, enough is actually is never enough. Not really, may be the holder think that I already spent much to buy even the rate maybe not as high as now in the past, so the holder is better to hold until double, or triple their profit or maybe waiting for a thousand fold profit (this is greedy). Profit is the reason they waiting from holding bitcoin mate. CMIIW

[Cjbrinces11]

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. You just only know is on how to manage your bitcoin wisely, when you spend, invest, buy, sell. This is not greedy but a wiser way to hold your money.

[romecheo]

HODLing Bitcoin isn't a result of being greedy, i cannot see the relation of keeping your Bitcoin that absolutely gain profits that would make you greedy person.

It was like taking care of your precious asset for a long time, like land, gold, diamond or any other things that have a significant value. and as time passes by, it would gain more value, and it's up to your when you wanted to sell your asset.

Bitcoin HODLing are not equal to Greedy mode.

if your HODLing Bitcoin, it means you are truly believer of this amazing digital currency.

[Chyton]

Well it is not greedy to hold an asset that you believe will appreciate further in value, especially asset that has the same characteristic as gold. If you are saying holding Bitcoin is greedy then is holding gold greedy? There are tons of gold holder that has not sell their gold forever.

[Thanasis]

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?

We can't say it is greed it is one of the smart way to earn money,i don't think there is price drop in bitcoin in future because the price of bitcoin is depend on demand so i think the demand for bitcoin will never decrease.Everyone will get attracted by its high value so there will be great future for bitcoin if you think bitcoin will backfire at you just sell your bitcoins but you will worry in future if you sell it now.

[jakezyrus]

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 can't certainly say that those who were holding bitcoins were greedy people. Holding bitcoins is only one of the strategy to have a higher profit and indeed a normal action for someone who were targeting a higher ROI. Even me if I had so much bitcoins I will hold some of them and wait for the right time to exchange them that will make a huge profit.

i think it really depends on the person who holds it because some  are holding bitcoins as an investment to earn a profit if the value pumps but some are not beacause they withdraw it instantly whenever they recieve some of it on signature campaign/bounty campaigns and other forms of bitcoin jobs. therefore i believe that those who hold bitcoins are the one who is greedy because they want more money.

[TheCoinFinder]

We know the bitcoin is presently on top in crypto economy and is the ultimate sure way to maximize the profits.
People are getting more aware of this valueable currency day after day, in consequence of financial need, people necessitate putting money into it instead of banking.
Thus, holding bitcoin couldn't be named as one's greediness.

[MASDAS87]

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 .

[pootutus]

In this way, bitcoin should not only investment function, only you use bitcoin, bitcoin will truly reflect its value. The coins now feel a lot of bubbles. Pay attention to the risks

[ipanks]

holding is not greedy and i don't agree with this because i am waiting the price is increase more and maybe i will sell my bitcoin again in more than $8000 so i can sell small amount of bitcoin to get big money. it is always good to hold bitcoin until we can see the higher price and maybe the next year, the bitcoin price will be increase two times than now so we don't have to sell the big amount to get big money. i am glad that now i can sell like 0.03-0.05 btc to pay my monthly fee and i can use that money too to buy something that i need.

[KeeKit]

I do not think holding or investing on bitcoin is greedy specially if one's desire is to secure financial freedom in the future. Everyday is a day for everyone to be open to new opportunities and investing on cryptocurrency is one of the best way. You may check www.propthereum.io to see how it works. Let me add that the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT.

[skyflakes88]

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 think greed will only comes in if you have enough and you still want more plus its a smart move to store bitcoin this early greed is not associated with that because you are not harming others or stepping them for your own benefit don't worry too much brother.. but in this general rule that norms have been established there will always be an exemption like when you're extremely rich and you want to manipulate the market for your benefit this is not healthy for the ecosystem

[moooonu]

There is nothing like being greedy in holding bitcoins. It's just you are being smart while holding it as bitcoin is rising steadily with time. It has gone more than 7x in last 2 years. You made that profit by holding it and nothing is greedy in holding a coin which have potential.

[bitcoinveda]

Bitcoin is highly aggressive market but buying bitcoin on spike will definitely put us in trouble it is good strategy to buy at dips

[Yakamoto]

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?

Why would it be greedy to hold onto something that is a legitimately good investment and something that might or might not be something that can be passed down to younger generations as a place of investment? That's like saying holding onto stocks is greedy because they may go up in value, and it's bad to do so.

It's hard to end up with nothing if you're holding, though. You'd have to get unlucky with the markets (and a fair amount of other variables) for someone who is just holding onto their money to wind up with nothing going for them.

[Notcalculator]

It's not greedy. Bitcoin can be thought of as a legit investment and holding on to investment is a strategy and not greed. If everyone holds on to their bitcoins, it would reduce the supply and increase its worth