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Author Topic: Is holding bitcoin Greedy?  (Read 13245 times)
Jashhh
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February 26, 2018, 10:36:32 AM
 #1461

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 is more greedy to sell quickly when you already can take a small profit instead of watching where it goes over a little longer period of time.

Because that makes you look like you want money as quick as possible without any sense of an idea for the future or really trying to achieve something with it in a sense of actual business/investment strategy.
icecream sandwich
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February 26, 2018, 10:41:39 AM
 #1462

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 holding too much knowing that the bitcoins have rises almost the hslf of their price meaning they have doubled their price that is the time that you will be sp greedy and that keads into nothing for me because everytime that the bitcoins are rising their value in the market in almost double the price they will now suddenly fall bsck a huge drop in the market so if youbare expecting more expect to have nothing because you do not know how far bitcoins can go before they fall again.
Kodok Bencot
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February 26, 2018, 10:42:32 AM
 #1463

Holding bitcoin is a good strategy to get profit, of course this can not be said as greedy, in the investment of course is a natural thing if after buying and hold for a long time and it applies also on bitcoin.
Siddela Sarat Kumar
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February 26, 2018, 10:43:13 AM
 #1464

I don't think there is anything greedy about holding bitcoin. If not today , bitcoin will for sure hit a new ever high price  for sure. So I would say , holding on bitcoin for long enough and capitalism on right moment  is something smart.
Masongrae
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February 26, 2018, 11:02:55 AM
 #1465

I dont think so, its just a way of strategy to get earn and make thier bitcoin grow. And when it grows they might share it to others.

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Ronni
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February 26, 2018, 11:47:22 AM
 #1466

For me, it is not being greedy, it is just being smart and clever, of course if bitcoin's price is decreasing rapidly you will really need to hold it and not rush to withdraw it. I know people who hold bitcoins and they say that they hold bitcoins because they are waiting for the right time, that right time is when bitcoin's price gets a really big value. Holding bitcoin is being practical in this world, its being smart and maximizing what you have.

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alphaomega.f
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February 26, 2018, 02:49:56 PM
 #1467

i don't think so because that's how it really works. if holding coins is a sign of greed then everybody is counted as greed. what's greed is scamming other people so that they could have additional money.
Ahimoth
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February 26, 2018, 02:56:33 PM
 #1468

i don't think so because that's how it really works. if holding coins is a sign of greed then everybody is counted as greed. what's greed is scamming other people so that they could have additional money.

Not really. When it comes to investments, you have to have your own strategy. If it's your own strategy to hold it first then no one should go against it. It's natural to want to hold it sometimes because there is no point in investment if you're not going to because you really have to do it sometimes so you can make the value higher during cash out.
zelenkova
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February 26, 2018, 03:19:49 PM
 #1469

Holders of a large number of bitcoins if they wait for high growth and do not wait, is waiting for the loss of their resources and time resources. If you see that bitcoin rises and rises at a decent level, you do not have to wait, you need to act.
santieevanz
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February 26, 2018, 03:57:14 PM
 #1470

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, not all people who hold their coins when there's a rise of bitcoin value means that they are greedy because most of them are just wise and clever. If there are lots of people who keep on selling their coins, then I think it will also affect the value of bitcoin, am I right? To be honest, in that kind of situation, I will also hold my coins and sell it until the set price of mine has been achieved. Well, I still agree with the fact that there is a little greedy in that situation but it depends on someone's purpose. There are hodlers who seriously will take everything just to earn.

juiceannabel
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February 26, 2018, 05:14:31 PM
 #1471

i dont think holding bitcoin is consider a greedy action. you hold bitcoin because you believe in bitcoin.
you believe that bitcoin will increase its value in the future, so you can gain your profit.
Alanpigi80
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February 26, 2018, 06:21:27 PM
 #1472

I agree with you guys, holding and waiting for the right time for selling is not “be greedy” but be wise and clever, everybody wants to get the best from their investment. It’s also true that we must not wait too much or we’ll stay back in this world and may lose everything
spiffcow
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February 27, 2018, 07:13:58 PM
 #1473

Holding bitcoin doesn't mean being greedy. It's more on the strategy about how to get more profits from bitcoin. People who hold bitcoin for a long period are the winner since they aren't afraid of losing or taking any risks. If you thought that you get nothing by holding bitcoin, then actually have lost.
anahawjeff21
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February 28, 2018, 06:58:21 PM
 #1474

I dont think so, i want bitcoin because it has value, whether increasing or decreasing, i used it in many transaction, paying bills, buying eload, making my life more convenient, and ofcourse for future purposes, earn some money.
russella31
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March 03, 2018, 08:55:01 AM
 #1475

I don't think holding bitcoin is a greedy thing. If we hold bitcoin, does it affect others? Pray tell me. I'm just new here. People hold bitcoin as long as they can so that they can get their money's worth. I think that's plain and simple.
ogtejiri
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March 03, 2018, 09:16:15 AM
 #1476

holding bitcoin is not greed, you just looking for more value for your investment.
markmillan1215
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March 03, 2018, 10:03:11 AM
 #1477

It think we may not consider it as a greedy thing. Same as saving money, it is not considered as being greedy because you’re saving it for your future. And holding bitcoin is not only being greedy, it is also considered as risking your money because there is a possibility that bitcoin will go down anytime.
Ekimzjames20
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March 03, 2018, 12:04:22 PM
 #1478

It think we may not consider it as a greedy thing. Same as saving money, it is not considered as being greedy because you’re saving it for your future. And holding bitcoin is not only being greedy, it is also considered as risking your money because there is a possibility that bitcoin will go down anytime.

Holding bitcoin is not a greedy. I guest they only think their better future and to their family. Just like saving money for the future, no one knows what happen in the near future. So don't judge the people who think their better life.
sollahp
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March 03, 2018, 12:07:44 PM
 #1479

It think we may not consider it as a greedy thing. Same as saving money, it is not considered as being greedy because you’re saving it for your future. And holding bitcoin is not only being greedy, it is also considered as risking your money because there is a possibility that bitcoin will go down anytime.

Holding bitcoin is not a greedy. I guest they only think their better future and to their family. Just like saving money for the future, no one knows what happen in the near future. So don't judge the people who think their better life.
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andika2018
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March 03, 2018, 12:12:26 PM
 #1480

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?

In investment, being greed is good. Sometimes when we want to maximizing our profits its good to be greed as long we can minimizing our risk. Investing and holding on bitcoin is great choice right now because bitcoin is good investment now
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