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Author Topic: Is holding bitcoin Greedy?  (Read 13295 times)
taiwww
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November 28, 2017, 10:36:22 AM
 #601

People are investing in bitcoins to earn more money. If they are investing with their own hard earned money, they have right to hold and sold their bitcoins as and when needed. Every investor has his own calculations about return on investments. Bitcoin prices are raising daily,it has crossed $9000 mark. Experts are predicting new attractive targets, so why one will sell his investment of bitcoin. Instead they will accumulate more and more bitcoins for future profit. There of no question of greed.
Maxnetlabs
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November 28, 2017, 10:41:37 AM
 #602

Greediness will make you lose everything but in holding bitcoin is different. My opinion is to protect your capital first then hold the renaming bitcoins.
Gotham14
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November 28, 2017, 10:44:51 AM
 #603

People are investing in bitcoins to earn more money. If they are investing with their own hard earned money, they have right to hold and sold their bitcoins as and when needed. Every investor has his own calculations about return on investments. Bitcoin prices are raising daily,it has crossed $9000 mark. Experts are predicting new attractive targets, so why one will sell his investment of bitcoin. Instead they will accumulate more and more bitcoins for future profit. There of no question of greed.

Probably here is the most deflationary model that bitcoins 21 million and pushing people to buy and hold. Before the world there was no such.
bitcoinisbest
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November 28, 2017, 10:48:43 AM
 #604

Greediness will make you lose everything but in holding bitcoin is different. My opinion is to protect your capital first then hold the renaming bitcoins.

At present those who had greediness have made them more rich as the prices are soaring and it seems it would stop only after reaching 10k. But it is a bit risky at present level because if a sell begins to happen it will crash as its rising too fast without any reason. So keep selling some btc or fraction as per your risk appetite.
skylark001
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November 28, 2017, 11:35:00 AM
 #605

Not at all. If someone is holding Bitcoin then he is holding his own money as an investment or one can say any other asset like gold, shares and others.



It’s personal choice to hold Bitcoin and taking risks, as the price may fall.



Greed is when you want to have what you don’t have or you want someone else things/assets/money, But if you are holding your own Bitcoin then there is no question of being greedy. 


DoublerHunter
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November 28, 2017, 01:45:08 PM
 #606

Not at all. If someone is holding Bitcoin then he is holding his own money as an investment or one can say any other asset like gold, shares and others.



It’s personal choice to hold Bitcoin and taking risks, as the price may fall.



Greed is when you want to have what you don’t have or you want someone else things/assets/money, But if you are holding your own Bitcoin then there is no question of being greedy. 


Being greedy in bitcoin comes when you are just buying bitcoin without analyzation because that means that you just want to buy bitcoin and you want to get the things as fast as you want it but that is all about greediness and it is not a good idea to become greedy and if i were you, i will just keep myself calm and think it for a lot of times before engaging into it.
p2pFuture2
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November 28, 2017, 01:47:26 PM
 #607

Of course not. Holding bitcoin is a personal matter of his or her own. It is not related greediness. Everyone has the right to hold this to make more profit.
Gabrieelle
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November 28, 2017, 01:57:33 PM
 #608

Greediness will make you lose everything but in holding bitcoin is different. My opinion is to protect your capital first then hold the renaming bitcoins.
At present those who had greediness have made them more rich as the prices are soaring and it seems it would stop only after reaching 10k. But it is a bit risky at present level because if a sell begins to happen it will crash as its rising too fast without any reason. So keep selling some btc or fraction as per your risk appetite.
If you chose to hold you also chose to take the risk that bitcoin's price will continue to grow. I think it is not being greedy, it is just being smart rather than spending it on useless things or converting it to your local currency, bitcoin has the potential and I think most of the users sees it, that is why they keep holding their coins.
MasterJek
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November 28, 2017, 02:05:45 PM
 #609

If holding is greedy, the counterbalance would be if charity. Giving something away for those less fortunate. It doesn't have to be giving your bitcoin away, but you could give anything away that will help others and balance your greed for bitcoin with your charity of other things.
378budiman
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November 28, 2017, 10:37:20 PM
 #610

You will not call it greed.
The cryptocurrency ecosystem is under construction. Once it is fully functional you will be able to pay your bills using emergency crypto, order anything you want from online stores, and more.
JaredStein
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November 28, 2017, 11:09:35 PM
 #611

Not at all. If someone is holding Bitcoin then he is holding his own money as an investment or one can say any other asset like gold, shares and others.



It’s personal choice to hold Bitcoin and taking risks, as the price may fall.



Greed is when you want to have what you don’t have or you want someone else things/assets/money, But if you are holding your own Bitcoin then there is no question of being greedy. 


Being greedy in bitcoin comes when you are just buying bitcoin without analyzation because that means that you just want to buy bitcoin and you want to get the things as fast as you want it but that is all about greediness and it is not a good idea to become greedy and if i were you, i will just keep myself calm and think it for a lot of times before engaging into it.

Holding bitcoins is not greedy because the people who bought them early on took a chance and they deserve to get rewarded for their strong mind. People probably laughed at them and no one really believed that they would be worth anything, but they are starting to become worth a lot more now. So good for the ones who believed in their instincts and didn't listen to the herd.
Glorious04
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November 28, 2017, 11:41:34 PM
 #612

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 so. Even those who have big money hold them in banks for profit or interest and they are not accused greedy. Everyone wants to save for the future and i dont see anything wrong with it. It is your own strategy in earning from your own money or bitcoin.

Spendulus
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November 28, 2017, 11:46:13 PM
 #613

IF YOU ARE WORRIED ....

If you think you are greedy...

I am here to help. Just give them to me.

Oggy Pogi
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November 28, 2017, 11:52:50 PM
 #614

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?
Not literally greedy. It is just people just tend to hold bitcoin because they see that they have a future on holding into their bitcoin rather than spending it that much. Now that bitcoin has already reached the expected amount of $10,000 people will surely keep on holding their bitcoins to keep their initial holdings grow into a larger one.

Semar Mesem
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November 29, 2017, 12:23:01 AM
 #615

Yes, no doubt that hold bitcoin is greedy, we can earn profits up to tens of percent and not wait a year but a week even less. there is no such investment bitcoin so bitcoin is a mandatory investment we have now.

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iamzill
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November 29, 2017, 12:49:56 AM
 #616

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 greedy and greedy is the nature of a person and certainly humans want to get something more and less satisfied with what he gets but back again to human nature itself is one of the weaknesses of bitcoin that there is no limit and size to have it
yaking
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November 29, 2017, 12:51:00 AM
 #617

No, it's just smart  Grin
lvincent
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November 29, 2017, 12:53:31 AM
 #618

I don't think holding bitcoin is greedy, its your strategy in the first place of course all of us know that it has a big risk holding a bitcoin too but you can't say it's greedy. Greedy is in nature of everyone in us it's just depends on the person how he/she will gonna handle it, holding a bitcoin is a way to make profit in this industry so don't expect that people are going easy in this kind of things.

saedasda
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November 29, 2017, 12:58:23 AM
 #619

I dont thins a greedy but rather its a nice strategy to hold and earn easiest profit. Holding bitcoin for a longtime will make you double or triple maybe more your investment

bribed
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November 29, 2017, 01:16:55 AM
 #620

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 like your point here, actually I am also scared about that happening. Because there is not only the way up, at some point a peak is reached and it can come down real fast, and this will hurt all the small holders that held because of their greed, while big sellers make a lot of money selling all their stack.
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