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Author Topic: Is holding bitcoin Greedy?  (Read 13247 times)
luigidosado
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March 05, 2018, 09:24:16 AM
 #1541

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?
You can't just simply conclude that holding bitcoin is being greedy. In an investor's point of view, holding your bitcoin or asset is one of the best way to save or keep the asset you have. It is one of the strategies in keeping and waiting for your asset to increase its value. Because of the fluctuations, there are times that you need to keep your asset and wait for it to increase its value if you really want to earn from it. Holding bitcoin has a very low risk that trading it or using it for gambling to earn.

RepublicSpace
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March 05, 2018, 09:29:38 AM
 #1542

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 can't find greed here. Is it bad if you want to have a better job with bigger salary? No, because everybody wants to develop and increase the level of life. This is the same with bitcoin. People want to maximize their income and this is normal.
Bukx
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March 05, 2018, 09:30:50 AM
 #1543

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 holding your Bitcoins for a better profit isn't presence of greed in you. I think it's thinking in a tactical way and a very good thinking to gain profit in a safe way. Holding is the very safe and easy thing to do in investing in Bitcoin you can have profit here while exerting no effort whatsoever. Holding in a right moment and selling it in the right moment will give you profit and income very well. Trading has a little risk also you can lose profits here if you don't know what to do also gambling.

I know trading is involving with high risk but its not only for trading but holding also include high risk mate.
As you said buying and selling in the right moment can give us huge profit but the problem is nobody knows when is the right time to buy or sell our bitcoin.
Guyalamax
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March 05, 2018, 09:32:10 AM
 #1544

I don't surmise that holding bitcoin is voracity or being ravenous it is simply being keen as far as cash making we as a whole realize that how hard the life for us regular person along these lines, we are doing anything for cash keeping in mind the end goal to get by in this world and on the off chance that you supposing holding bitcoin is insatiable, at that point i'm sad we are simply getting the opportuntity that bitcoin provided for us and we aren't giving it a chance to pass.
DevilCredit
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March 05, 2018, 09:35:04 AM
 #1545

of course not, this is certainly going to be increasingly good because the more holding savings for investment then bitcoin future it brings will be even greater.
CroDam
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March 05, 2018, 09:35:35 AM
 #1546

I dont think that holding BTC is greedy. This is just our investment and trust in new incoming technology.
Coral27
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March 05, 2018, 07:26:37 PM
 #1547

i don't think this is a greedy behavior because some of people want to hold it until another folk coming
and some people is a true fans in bitcoin ,
No it is not, why?  Because having a bitcoin is an investment, for you to secure your future. If you are dreaming of a better life that does mean you are being greedy?  I don't think so.
Yes and it is the right of everyone to think about their future and their saving for family, so if you have some saving it means you are a responsible person and you are worried about the coming days. Some people call it as greed but it is just to discourage you it has no concern with reality so save bitcoin as much as you can save without any hesitation. It is your wise decision to save bitcoin and hold for the long time.
Rubble898zaitO
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March 05, 2018, 07:46:49 PM
 #1548

Being greedy is having or showing an intense and selfish desire for something but if you are doing HOLD to ensure that you will have a greater profit, then that is a business strategy and that is not greediness. Holding is part of the game, so don't think of it as if it is bad or you will be greedy or so
bitbunnny
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March 05, 2018, 07:47:41 PM
 #1549

I wouldn't call holding Bitcoin greedy but I have to admit also that just holding Bitcoin without spending it or using it for something else doesn't make much sense to me.
I don't beleive that Bitcoin was made only for holding and not using it for some practical things.
And just holding can't guarantee profit all the time because of volatility so I think that the best way is to find a  balance between holding and spending.

rainezerr
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March 05, 2018, 07:49:35 PM
 #1550

I don't surmise that holding bitcoin is voracity or being ravenous it is simply being keen as far as cash making we as a whole realize that how hard the life for us regular person along these lines, we are doing anything for cash keeping in mind the end goal to get by in this world and on the off chance that you supposing holding bitcoin is insatiable, at that point i'm sad we are simply getting the opportuntity that bitcoin provided for us and we aren't giving it a chance to pass.

I agree to you, bitcoins can be handled by anyone and it can even make people rich. Those people who have enough wealth are taking advantage of cryptocurrency in the way that they are hoarding a huge amount of coins to earn profit.

maydna
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March 06, 2018, 05:34:05 AM
 #1551

I think maybe for some people, holding bitcoin is greedy but for me, it is the best thing that I can do right now because I want to sell my bitcoin at the high price, at least in more than $17k. so I don't think that is too greedy for me and I can hold for a longer time than other people while I still have a chance to buy another bitcoin again if the price is down again.

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kerwin T
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March 06, 2018, 05:43:11 AM
 #1552

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?
You may have a point there, but that's not actually greedy. That is business, being wise in business can be means of greedy? I think not, holding bitcoin is just the best way to make more profits.
voom360
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March 06, 2018, 05:46:34 AM
 #1553

I dont think its is greedy, because thats the nature and purpose of investment right? We're given an opportunity to become financially uplifted. This isnt Greed, its a Privilege that needs intellectual decisions and options.  In my point of view, Greed means a negative way of dealing with our desire or being selfish, like you dont care about the other person as long as you can do what you desire
gernoto
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March 06, 2018, 05:47:03 AM
 #1554

Hold are not greedy but its a decision who made by an investors, no investors would like to hold their investment in a short time. They will take the most profit even have to hold for a long time.

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wasaisi
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March 06, 2018, 05:52:14 AM
 #1555

Holding didn't make you greedy, because it's a decision made by investor. Every investor would like to hold their invest for a long time. So i don't think hold bitcoin it's not greedy. Because the way to make you succedd. You can't just simply conclude that holding bitcoin is being greedy.
Indai24
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March 06, 2018, 06:04:48 AM
 #1556

Holding didn't make you greedy, because it's a decision made by investor. Every investor would like to hold their invest for a long time. So i don't think hold bitcoin it's not greedy. Because the way to make you succedd. You can't just simply conclude that holding bitcoin is being greedy.

I would rectify this question, holding of bitcoin is not greedy but it's one of the best strategies that investors may have.  And yes you are correct with your statement that holding of bitcoin will lead to success. Let's all be patient and hopeful and good things come to those who wait.
phewinteristi
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March 06, 2018, 06:09:41 AM
 #1557


I think investing bitcoin does not include greedy behavior. because they are just trying to save their money in bitcoin, hoping its value will continue to grow for future savings. And storing bitcoin for a long time is a good step because it can increase its value so we can sell it at the right time. I think saving bitcoin is more worth mentioning investment but not greed.
nakamura12
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March 06, 2018, 06:27:38 AM
 #1558

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?
Yes holding bitcoin is greedy but you can't force them not to hold,some are saving in future needed and some want to earn for their daily needs and things they want to buy. Holding is another way to earn more money than the current money you can get. All people is greedy in some ways. There's nothing we can do to those who are so very greedy. Even you would hold bitcoin as i am when i have bitcoin.

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kkukkugaga
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March 06, 2018, 06:37:06 AM
 #1559

I don't think holding btc is being greedy. You know it's a matter of tactics. You, wanting  to gain more back after you invest or render services. I think it's really the purpose of investment. You want to gain more in either short or long period of time. It depends on the person and everybody have their own plans for their money.

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March 06, 2018, 06:39:07 AM
 #1560

investing bitcoin for a long time is a good step because it can increase its value so that we can sell it at the right time. Keeping bitcoin not greedy but it's one of the best strategies that investors can have, and keeping bitcoin is just the best way to make more profit.
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