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Author Topic: Is holding bitcoin Greedy?  (Read 13247 times)
splat44
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November 22, 2017, 11:35:57 PM
 #461

Greed is like you always wanted to have profit, but those who hold longterms are the one who is surprisingly gifted by GOD! this is his/her fruith of determination, i know greed is a curse. in GOD's gift that bitcoin will eventually increase is part of God's plan.
mornabo
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November 22, 2017, 11:55:19 PM
 #462

Its great season for those who had kept BTC on HOLD. See today's price Smiley
well its really a good thing happen to those who keep their coins on hold especially if they have it a year or two ago, the value already  jumped so
high and its a good long term investment very profitable and for sure it will not end here, it will keeps rising up that no one knows how big it can
be just enjoy riding with it.
I think it's not greedy, even i will say it's a recommended strategy for all users, all users know that bitcoin prices will continue to soar up and it would not hurt to hold bitcoin for longer, because that would certainly give them a big profit, recommended for you to do mate,,
valisa
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November 23, 2017, 12:13:12 AM
 #463

I think holding bitcoins is not greedy but those who hold bitcoins may be looking for the best price to sell their bitcoin, if the price drops down and makes them a loss it's an investment risk.
BTCMILLIONAIRE
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November 23, 2017, 12:15:49 AM
 #464

Its great season for those who had kept BTC on HOLD. See today's price Smiley
well its really a good thing happen to those who keep their coins on hold especially if they have it a year or two ago, the value already  jumped so
high and its a good long term investment very profitable and for sure it will not end here, it will keeps rising up that no one knows how big it can
be just enjoy riding with it.

Believers are the real winners. HODL bitcoin for good, it is not about being greed but being more optimistic for the future of bitcoin. Don't listen to what people say negative about bitcoin today, the future matters most.
Depends on what they choose to believe in. Just blindly hodling only Bitcoin is not a very good idea.
sneeze11
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November 23, 2017, 12:57:49 AM
 #465

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?



No, holding bitcoin is not means you are greedy because there are so many reason why you hold it not only for money. Just like what I did I'm holding my bitcoin for a long time because I want to have money when emergency came so that I'm ready, that's not a greedy attitude right? Because you holding it for a good reason or a valid reason.
Klestar
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November 23, 2017, 01:08:53 AM
 #466

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?
If you said that holding bitcoin is like a greedy thinks its okay for me because this is a normal situation people need money so if you want to win hold this and sell this when the value goes up this is a great idea .
william8829
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November 23, 2017, 01:12:29 AM
 #467

I do not believe so.  I think it is wise but that's because I believe the price will continue to rise.  In that case its an investment.  Are people who invest greedy.  Of course not, they are preparing for their financial future.

Also, It's not like will we will run out of Bitcoin anytime soon.  I believe the estimate is over a hundred years before all the coins are mined.

Maybe someone thinks it is greedy to hold because they are under the impression that If we do not buy goods and services with Bitcoin then it may never become a central bank displacing world currency.
UchihaRukawa
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November 23, 2017, 01:42:02 AM
 #468

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 dont think holding Bitcoin is greedy, what I think it is just right to hold bitcoin especially now that its price or value is continually increasing. Holding bitcoin is the best way or one of the best ways of making profit today, and I wouldn't say that, that is is being greedy.

Mjeramirez
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November 23, 2017, 02:08:18 AM
 #469

No. I think it is not greedy at all, its more like of a investment strategy, we all know that bitcoin prices is rising and will continue to do so in the coming years, I think it is wise to continue holding bitcoin to really make a profit.

estanislao1994
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November 23, 2017, 02:23:26 AM
 #470

Holding bitcoins would depend on until when you will hold your coins. Watching the price action this weekend in the crypto space reminded me of the challenges of trading, how a buying frenzy can soon become a selling frenzy.

Knowing when to sell is potentially harder than identifying a buying opportunity, the fear of selling too soon can often lead to losing the potential gains you were holding, pays to always take some profits along the way I guess.
camsss
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November 23, 2017, 02:31:41 AM
 #471

No it is not. An individual is holding bitcoin because they are waiting for its value to become higher. It is not being greedy. It is a smart way of earning and growing money.

henry1997
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November 23, 2017, 03:07:44 AM
 #472


actually at present price is high enough but bitcoin more promising if I think. I use some for trades and some to be saved or made real currency result from profit trading I input into account and the rest in store or in samapai true is required
haiyou
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November 23, 2017, 03:16:19 AM
 #473

When we started to buy bitcoin, you can say that we are optimistic about the future of bitcoin, but the fundamental reason is actually for profit. Greed is also human nature, but I suggest or set a goal according to their own financial conditions. When the price Close to or reach your target set, you can choose to sell, otherwise it will affect your attitude
ausbit
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November 23, 2017, 08:04:52 AM
 #474

I don't think  I am greedy because I am holding bitcoin.Holding bitcoin is good because its price will be increasing & I will be benefited...I worked lot to earn bitcoin so it's my decision what to do with my bitcoin whether sell it or hold it...so I am right in my point of view...

Holding bitcoin means keeping money in accounts. How is it greedy? I don’t understand why some people think like this, because holding bitcoin means making more and more money and all the human efforts are for earning money and to fulfill their financial needs. There is nothing greedy in holding bitcoin in wallets. It is a business and selling or using bitcoin means winding up your business which is not a good decision.
yen10
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November 23, 2017, 10:54:47 PM
 #475

No, I don't think so. Its not greediness, its called strategy. Everyone wants to get their in bitcoin, that's why its value is very high, holding some means waiting for the right moment and the right value to maximize your earning potential.
Homaz
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November 23, 2017, 10:57:16 PM
 #476

yes greedy for sure, greedy to be millionaire. Nah just joking, hodl is the right choice, no way to doubt.
Beefcake
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November 23, 2017, 11:01:07 PM
 #477

Its not greedy, its investing.  You have to leave all that stuff behind and try to make money.  I wish there was no poverty etc in the world, but in the mean time I gotta pay the rent.  I would like to buy a house but the market is nuts right now so I will have to wait.  Its not greed to want to buy a place of my own.  And to the argument that 'why should everyone think that they should be able to own a house', as if it is now something reserved for the nobility: I went from a year to year lease to monthly rent.  If my landlord wants to sell, I am SOL. I have to move, with very little notice.  Rent can go up whenever they feel they can charge more. There is no safety in renting, it sucks.
trauchot
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November 23, 2017, 11:01:36 PM
 #478

Everyone wants to get more profit from bitcoins. If you have invested huge amount and bitcoin course falls before you sold your bitcoins, then of course it`s will be huge loss, and if investment amount was small, then you can take a chance. People just thinking if bitcoin course is only growing now and does not fall, then it will continue growing, so they are waiting for the right moment.
chicobr
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November 23, 2017, 11:40:47 PM
 #479

Bitcoin is predicted that going up to $100000. So, many people hold Bitcoin is normal. It is not a greedy
SmokerFace
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November 24, 2017, 12:03:21 AM
 #480

For me HOLDING is a very good strategy move in earning profit from bitcoin it's not called a greed, The greed comes when a investors what to earn more profit in Bitcoin every Pumping and dumping of its value for example you buy bitcoin in the price of $8000 and you waited for a good pump and sell it into $8500 after that you'll wait again for it's dump for about $7800 - $8000 then buy again but your prediction is not accurate so you lose money or profit because bitcoin goes up again into $9000 then you buy it in $9000 because you think is going pump more buy it dump it in $8000 again so you losed $5000 that's what you call greed in trading bitcoin, HOLDING is the safest way to earn a good profit but it is very slow it depends on your capital Smiley
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