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Author Topic: Is holding bitcoin Greedy?  (Read 13294 times)
Rascar Capac
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January 18, 2018, 11:38:46 AM
 #1241

Hodling Bitcoins is not greedy person but you have to think for your profit if the price triple sell it  then no regrets if it will rise too much just buy again if  big dip will come
Chainblock
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January 18, 2018, 11:39:31 AM
 #1242

I don't think holding bitcoin is an act of greediness since we are  holding bitcoin for us to have profits and the bitcoin that we are holding is not from other people. we hold bitcoin as a form of investment and i believe it will only be considered as an act of greed if the bitcoin that we are holding is from other people's efforts and expense.
aryani
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January 18, 2018, 11:41:31 AM
 #1243

Does the bitcoin Greedy hold? Usually or so many happening will be prosperous because you know that many bitcoin cost you money,
and becomes greedy for holding bitcoin,be a good simple to avoid being proud.
Darknight31
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January 18, 2018, 11:43:14 AM
 #1244

Holding bitcoin , it's not about greedy its about holding their position strongly in future. They know that bitcoin will bring their own goal and also believe in bitcoin . So i think that's the reason of holding bitcoin  Smiley .
I don't find it greedy when people hold their bitcoin. Because I can say that people just wanna make their bitcoin larger and to grow because they have their goal that they wanna achieve using those btc. But i can also say that maybe there are some users who becomes greedy in terms of doing illegal things that involves btc.
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January 18, 2018, 11:43:43 AM
 #1245

no it is not greedy to hold bitcoin at all. is it greedy to have money or open a bank account?
jonald01
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January 18, 2018, 11:44:14 AM
 #1246

For me keeping bitcoin is not a form of greedyness. Greedy is collecting more than what you have already even you have so much you feel it is not enough. Holding bitcoin can make you rich in timing. But it can make also bankrupt if not giving it on timing. Greedy is maybe helpful in some area but harmful if not watching it.
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January 18, 2018, 11:52:50 AM
 #1247

We have different ways on how we will manage our bitcoins depending on the situation. My way may not be the same as yours but we have to respect others decisions. It is not greedy to hold onto your bitcoins, we all want to earn here and if that is the way to earn we will do it...

Greedy is when you not give but holding onto your bitcoin is some sort of an investment. Investing is not a geedy act.


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January 18, 2018, 11:53:31 AM
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 #1248

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 don't actually think that holding a bitcoin is an act of greediness, some may think that we are just being clever and wise-strategist. But when you become obsess and invest literally all of your time to accumulate bitcoin, I think it is the situation that you say its greed.
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January 18, 2018, 11:55:58 AM
 #1249

It doesn't mean that a person is greedy, they make sure that it's the perfect time to use or trade the bitcoins they have. Since then many people holding bitcoin because they feel that in the next days or years, they holding is worth it. Wise decision comes in terms of holding

 
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January 18, 2018, 12:10:59 PM
 #1250

It depends on the one holding it. For example a billionaire businessman and wants to increase more money through holding bitcoin, I think that is an act of greediness. If someone who really needs money and they think that holding Bitcoin can be a solution to earn money, then it is not an act of greediness. Still, holding Bitcoin is a good investment even it is greedy or not.
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January 18, 2018, 12:31:24 PM
 #1251

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?

It's the bitcoiner's  prerogative. I think it is his/her strategy yet it takes a lot of risk!
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January 18, 2018, 12:39:19 PM
 #1252

No you are just being wise. Well if holding it is greedy then saving a real money is greedy? Buying things in the stock market and sell it on a high price is greedy I do not think so. You do not even harm people on those actions you are just being wise since, you will face failure daily if you are not wise. It may sound greedy but it definitely not literally.

Totally agreed. Holding bitcoin is not being greedy at all. It just shows that you are a professional investor. The reason is that if you make technical analysis on bitcoin price graph you will see that it is still in bullish trend. By knowing this, it is totally good to hold.

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January 18, 2018, 12:44:09 PM
 #1253

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, waiting is always good because it gives you the right time for you to shine. It's not bad if you have a great intelligence and good prediction about the pumping of a certain coin. Also, It makes you feel good for having a good calculations in a certain thing because using our intelligence given by God is a gift for us.

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drew314
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January 18, 2018, 02:40:22 PM
 #1254

In my own opinion, holding bitcoin is not being greedy. Do you want to sell your bitcoin if the value is low? Of course not. Holding bitcoin when the value is low is a smart way, wait until the value increase and then sell it to get more profit.
matthewtherry
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January 18, 2018, 02:43:56 PM
 #1255

I think people really believe in bitcoin so they don't consider holding it being greedy. It's ok to keep bitcoin. In case something happens, they will sell and they will still have profit
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January 18, 2018, 02:45:11 PM
 #1256

No you are just being wise. Well if holding it is greedy then saving a real money is greedy? Buying things in the stock market and sell it on a high price is greedy I do not think so. You do not even harm people on those actions you are just being wise since, you will face failure daily if you are not wise. It may sound greedy but it definitely not literally.

Totally agreed. Holding bitcoin is not being greedy but strategical.

abayan
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January 18, 2018, 02:53:36 PM
 #1257

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, waiting is always good because it gives you the right time for you to shine. It's not bad if you have a great intelligence and good prediction about the pumping of a certain coin. Also, It makes you feel good for having a good calculations in a certain thing because using our intelligence given by God is a gift for us.


I agree. Waiting for the perfect time to dispose/trade our bitcoins is not being greedy but an attitude of being a competitive and wise trader. When we trade, we don't play on our asset, we make strategies rather. Greediness in bitcoin is when you push the other holders to sell you theirs at the lowest price even if bitcoin value is at the state of its good value.

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Vishnu.Reang
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January 18, 2018, 02:55:47 PM
 #1258

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?
Well nothing is greedy! Bitcoin anyway is a gamble just like stocks. You may hold it to gain the maximum or to lose to the minimum! But it is you who has to decide when you are greedy and when you are anticipating growth! There is a very thin line and it is very easy to cross them! So be careful, be hopeful and if you cash it out more than you invested dont feel bad if it increases nor feel happy if it decreases. If you do either you were greedy! if not you have just made a good return on your investment Smiley Smiley
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January 18, 2018, 03:01:31 PM
 #1259

It didnt come into my mind that actually will come up with dump point which is zero. The btc keep on recovering right now and I think it would be a chnce for us to keep and earn more btc when the time comes that btc goes up it will actually lead us to profits.

Konthol Ngaceng
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January 18, 2018, 03:03:12 PM
 #1260

Holding bitcoin is the best strategy to get profit, it is strange if someone says greedy, if everyone sell bitcoin of course make the price drop and will make bitcoin die. I'll hold bitcoin because I'm sure that the future of bitcoin will continue to improve.
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