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kriptotr
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January 12, 2018, 04:57:53 PM |
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Holding bitcoin is not greediness. Everyone has the right to keep bitcoin. It wont do any bad to others if you hold bitcoin. In fact everyone will benefit if more investors are holding bitcoin. More investments more chances of earning a lot.
Yes the market is free and everyone can do whatever they want, we can't criticize them for doing some specific things. They have the rights to take decissions about bitcoin. |
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aeternus
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January 12, 2018, 04:59:12 PM |
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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?
Simple you sell some of your bitcoin but not everything, I do not think this is being greedy this is just a rational response, bitcoin got very big in the last year and all the information we have makes us think bitcoin could get even bigger in the next five years why we should stop getting profits?, the only logic action is to keep holding for as long as you can afford. |
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uszaty43
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January 12, 2018, 05:05:02 PM |
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Why would it be? I do not know why a lot of people think that you are very ambicius if you decide to hold some cryptos or just to increase your amount of money.
They are only jealous, and no, holding bitcoin is not a greedy attitude, it is just a good way to make more money.
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jayant_btc
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January 12, 2018, 05:07:57 PM |
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NOT always greedy. If you are holding this means you are waiting for it's future implications in the real world. You are the real supporters. Although it's rise in value will make you some good money. If your purpose is to make profit then proceed smartly.In crypto, holding can be as short as 1 month and even long term period can be made but for this you should be focused on the events news on what's going on. By this you can make nice profits.  |
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fritzbird
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January 12, 2018, 05:21:41 PM |
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I think not, it's an exception in my opinion. Holding bitcoin is an agile strategy to maximize profit and earnings.
With trading and investments, holding on to something of value is a norm practically. There are numerous reasons
and choices to hold bitcoins, one option frequently encountered is to wait when it pumps and sell a portion. It's a
simple way to procure profits.
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LETme
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January 12, 2018, 05:40:15 PM |
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I think it is the effect of bitcoin but this kind of behavior is good when you are focusing to progress. Its not for being greed it is the practical way to save bitcoin if you are planning to have a better life by the help of bitcoin.
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Empiretoken
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January 12, 2018, 05:48:37 PM |
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Sheer greed is driving the cryptocurrency higher, perhaps to USD 20,000 per coin by Christmas. This would put Bitcoin’s market cap above US$300 billion, one third that of Apple! Bitcoin is unique in history, true, but a correction will likely be very tough.
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guybrushthreepwood
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January 12, 2018, 05:49:17 PM |
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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?
Then the gamble they took didn't pay off. Any sort of investment in life is a gamble and there are no guaranteed investments but without taking risk you get no where in life. I'm sure people thought investing in MySpace was going to be a good investment back in the day and it probably was right up until Facebook came along. Maybe bitcoin will become like MySpace and fall out of favor to something much better... or maybe it wont. Whether you want to sell now or keep on holding is up to you but you may end up with millions in the future or absolutely nothing and that has always been the case. You could cash out today and take your profit if you wanted or you could keep holding and betting on bitcoin rising but maybe it all collapses one day and you end up with nothing. That's the risk and gamble with bitcoin but nobody can tell you what is going to happen so don't put all your eggs in one basket if you're worried or can't take or handle the risk involved. |
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doomloop
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January 12, 2018, 06:25:02 PM |
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Holding of bitcoin while waiting for the right time to increase its value..is not being greed..its being wise on your investment
Yeah not at all it is not about it greed it is good thought for your coming days because price of bitcoin is enough to give you bright future so if some of them are using this opportunity then they must have strong faith that if they will hold bitcoin then in future they will be able to sell it at double price so if a person want to hold it mean he is making wise decision and it does not show him greedy at all. |
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loof99
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January 12, 2018, 06:45:29 PM |
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No. It is just an act of being wise and saving for the future. Holding bitcoin will be greedy if you just think of being rich and you don't want others to get succession.
But the main reason why we hold Bitcoin is to save for our future and for the future of our children. This is also a way of preventing regretion in ourselves . We should share it to others by the means of explaining them and encouraging them to be involve. So there is no greediness that I see in that part.
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passioncrypto
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January 12, 2018, 07:05:34 PM |
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Not at all,
saving fore future is not greed, ut is proper planning for tomorrow.
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cybersofts
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January 12, 2018, 09:54:56 PM
Last edit: January 12, 2018, 10:29:29 PM by cybersofts |
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Well, I think hodling bitcoin is a business because when you buy bitcoin and hodl it for some time the value of bitcoin appreciates. The bitcoin has a limited supply of only 16.7 million bitcoins at the moment circulating around worldwide. The number of bitcoins in the world can't satisfy the needs. Therefore, the demand of bitcoin is higher than the supply, which makes bitcoin a very good investment opportunity.
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teejaymuna
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January 12, 2018, 10:08:52 PM |
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I do not think holding BTC can be termed greedy. It depends on your aim of joining BTC and your strategy of profit making. You definitely make more money from buying and holding BTC to sell at an increased price when the value increases. You wouldn't call it greed because holding your BTC can lead you to loss of profit.
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Marucya
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January 12, 2018, 10:45:04 PM |
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According to the predictions of the guest from the future, after 2021 the dollar, like all other currencies, went out of use, and the Central Banks refused to issue currency. The price of bitcoin became impossible to express in any monetary units. There are two kinds of wealth left on the planet - crypto currency and earth. In this case, is it possible to call holding bitcoin - greed? Or it is wisdom.
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raisulmushfeq
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January 12, 2018, 10:47:12 PM |
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Bitcoin is meant to be a currency. If you think holding on to money is called greedy then holding on to bitcoin is same!
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SiOmnesEgoNon
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January 12, 2018, 10:51:22 PM |
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But is it possible to buy gold for example, or art objects for literate investment is greed? Bitcoin gives each of us money and it's wonderful. In addition, it's still not the time when you can safely spend bitcoin. At least because there is nowhere to do it.
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maaydin
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January 12, 2018, 10:51:54 PM |
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Greed is something all people have to control and unfortunately it is very hard to do it when you know that there is a potential for you to become millionaire and so many have left without nothing.
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JehanleMauvais
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January 12, 2018, 10:52:08 PM |
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I think it is very greedy because if you are holding bitcoin that means that you want more bitcoins but you should know that the value won't be at this high number for a long time. Eventually it will go down to around 3 to 4k and if that happens you will lose a lot of money.
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Henry Sy
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January 12, 2018, 10:59:29 PM |
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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?
For me it is a no. Because I admit and sure many of us here in the forum do also holding of their Bitcoins because they see holding as a simple and easy way to gain profit because by simply holding you can obtain a feedback since the price of Bitcoin is now leading and directing into the top. There are lots of meaning being greedy has and I think holding is not one of those because you are not even fooling someone when you hold so I guess holding is not being greedy. |
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Butchick
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dApps Development Automation Platform
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January 12, 2018, 11:13:48 PM |
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Bitcoin today isn't only used in their apps but it is now a digital currency and an investment. Due to the increased value of bitcoin, a lot of people are investing in it and since they see financial growth especially that bitcoin value increases more often than not, people tend to hold on to their bitcoins before they change it to a regular currency. But holding on to bitcoin is not about being greedy but rather leans on the idea of investment.
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