Is holding bitcoin Greedy?

[haster100]

I think not ... As long as you have good intentions in holding these coins, and you just help others and share with others, and most importantly - to share your knowledge of the bitcoin with them.

[zemb]

No, it is not greediness. It is just being smart. Everyone has a right to hold bitcoin and keep them in their wallet. Some are just being wise that they keep BTC until the price of the bitcoin in the market goes up.

[naerap]

Why do you consider only extreme cases: either to keep all the money in bitcoin, or to withdraw everything? The most reasonable, in my opinion, periodically withdraw some of your money from bitcoin and invest in something else.

[cybersofts]

Holding bitcoin is not greedy is a business investment. In fact, a very good one! Holding bitcoin is as good as holding gold, but only better because bitcoin has a limited supply of only 16.7 million bitcoins in circulation worldwide at the moment, and only 21 million bitcoins to be ever made by the 2140.

[markk94]

maybe you could say that is a greed act. friendly reminder of the purpose that each people go into this coin could be long time investment. so, i couldn't say that this kind of act is pure greed. this kind of act could be planning for better future too.

[tikong]

I think it is not greedy if you are holding bitcoin. I think it is just a strategy and just being smart. If you buy bitcoin when the price is low and you hold it until its price goes up, then you can earn money, But it is still up to you on how long will you keep on holding your bitcoin. What I can only suggest is hold it until you think that the price will still go up. Monitor the bitcoin trend and analyze its pattern.

[sammrheza]

nahhh just hold your bitcoin and enjoy the ride , its have limited supply and more and more people interesting to invest their money into bitcoin

demand will going crazy with limited supply ....

[Emerge]

Depends on your needs. If you don't need to sell it then i think it is a long time investment.

[James Newman]

These days, Bitcoin is the biggest and greatest cryptocurrency​ in the world. It basically set the base for how cryptocurrencies work to be honest.

Even if I am not a banker nor a stock expert, I am a miner of Bitcoin at the very beginning for some time, and now GPU mining Ethereum.

From my point of view, I would say that it is a gamble. It is about who will keep their bitcoins take longest, before it forks. Please, stick around while I explain what I am thinking of.

Think of it as a Crash game.

I am not so sure it exists in real casinos or anything, but this happens a lot with videogame items that someone can obtain.

I am going to explain the whole process, with what everything means for your case.

Players that want to play withdraw their items (in this case, your time, caring, and costs if you are a miner), and get coins (in this case, Bitcoins) as a currency that they can use to play crash.

What crash is though you ask me. I can hear you. You set your bet (in this case, as many bitcoins as you have and want to trade), and then, a multiplier graph appears. It starts in 0x, and it doesn't end. When the betting time runs out, a line, representing the multiplier value appears. It goes from 0x, to 1.01x, 1.02x and the values go on and on. Some time, it will crash, the point is, when it will. The round ends. If you have cashed out before the multiplier crashes, you get your bet x the multiplier in coins. If you didn't withdraw your coins, the house takes all your coins.

In your case, that multiplier signals the value of Bitcoin. From 0x, where you started looking into trading your Bitcoins, to the giant crash, in this case, the market crash of Bitcoin. The time you wait, before you check out, are the weeks or months before the crash. If you were too afraid of the potential of losing money and you were to trade them now, you would not make as much money as you would right before the market crashed. If you were too greedy and waited for when you are satisfied with your earnings, the market could crash, with you losing lots of money.

In my mind, it is a gamble. But you have to play, and before it is too late.

[zentdex]

As of now, the issue of hoarding blocks a few organization to execute and acknowledge cryptographic money. As opposed to helping the money flow, a large portion of the general population store it, the beneficial outcome is the cost goes high, which the vast majority are content with. Yet, when individuals begin to utilize digital currency like fiat, the entire framework would be wellbeing and be economical, be that as it may, the cost couldn't swing a ton which at that point makes a few people not upbeat.

[kakrotssj1]

Depends on your needs. If you don't need to sell it then i think it is a long time investment.

Perhaps! It is not a greedy act. It really depends on you, if you sell it it is of use to you. if it's not of use, you can keep it for as long as you like, it gives you profit, but it doesn't mean you're greedy to hold it.

[tamarindbleu]

Depends on your needs. If you don't need to sell it then i think it is a long time investment.

Perhaps! It is not a greedy act. It really depends on you, if you sell it it is of use to you. if it's not of use, you can keep it for as long as you like, it gives you profit, but it doesn't mean you're greedy to hold it.

I think holding your bitcoin doesn't make you or anyone that's doing the same thing greedy. You're the one that worked hard to get that money and not someone. However, i think holding your bitcoin is a good thing because what if something came up important in the future and you'll need a big amount to spend, at least you're ready and no need to have a hard time finding anything to make money.

[ChrisPop]

That is like you would say that investing or holding euros in greedy. lol That's a bad mentality, you should be holding bitcoin because you believe in the technology behind it and that it is the currency that will replace our old financial system. 

[Victori Keira Ong]

For me holding bitcoin is not greedy. They holding it because they feel that bitcoin has a great potential to increase the value. Or they have a signal obtained from the trusted source so they hold bitcoin.

[greenbitsgm]

I don't think it's greediness but HODLing is the right thing to do given the current status  of Bitcoin as the number one valued virtual currency at the moment beside it's all yours to keep. You're just following other people who has faith and believe that it's value will continue to rise up significantly in the near future.I am also one of the people who trust in the potential growth of bitcoin so i will continue HODLing every fraction of bitcoin i earned.

[chidrawarster]

I wouldnt say that, instead i would say people who are smart they equally divide their portfolios in terms of principal and profit withdrawal as well. I myself do that and try not to make my capital more unsafe and hold the profit for long term thereby multiplying the probability of gaining more percent in price. This is how i see the market and think not much about losss as BTC in long term would give good profits.

[cryptocurrencyguru]

Holding bitcoin is only way to riches and most profitable none other than currency or asset will give u such returns what bitcoin will give u in short period of time

[oaz7t]

All of it depends on the situation of the market
I’d say smart if the prices are rising and the market is stable with no chances of falling
You know you are going to make a profit so its a good thing
Greedy if you are risking the investment with no guarantee of profit where the market is unstable

[donalfonso]

I think we need to understand the meaning of greedy first, being greedy will probably be holding onto bitcoin at the expense of others or denying others access so only you can enjoy the gains of bitcoin. But i dont think anyone can lay claim to holding enough bitcoins to deny others. so holding bitcoins is purely a function of the investment choice that you want to make.

[cryptojohn9]

Nothing wrong with holding a bunch of Bitcoin, I think holding Bitcoin isn't insatiable yet insightful and down to earth. If you will invest into any kind of business you require it to develop, so that you can earn money from it in future. The greater part of Bitcoin owner keeps it since they have long term investment plans.