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Author Topic: Is holding bitcoin Greedy?  (Read 13241 times)
abutingting
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March 06, 2018, 07:02:57 AM
 #1561

Being greedy is worst if you are holding on to such things that might have an affect to others. But if your greediness on holding bitcoin I don't think that there could be problem because you are investing and part of investing is also a process of holding on into it as you are waiting to the moment of rise and fall of that particular investment. Much worst of greediness on holding on to bitcoin is as if you are doing it in a way that you able to kill or what just to get bitcoin of others to be your as an additional to your investment and that is the time the being Greedy is not good.
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spaso_87
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March 06, 2018, 07:32:31 AM
 #1562

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 holders end up with nothing?
Actually, this is the right of those who have Bitcoin. They are entitled to hold Bitcoin until whenever they want. Even if the price of Bitcoin is high but they still do not want to sell it it is still legitimate done. They are like that because they want to get huge profits, even if eventually will be a boomerang for them yes it is the responsibility of each person.
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March 06, 2018, 07:44:54 AM
 #1563

On my point of view,iye not greedy to hold bitcoin as long as you dan,people need to decided for what purpose they hold bitcoin,and another coins. Iya hear some people keep their bitcoin from 2015,and sold it ini next 2 years,and have many profit,its fair because they have no other purpose to use it..
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March 06, 2018, 07:45:25 AM
 #1564

Sure its greedy.
Main engine of good economy is greed.
Nothing bad about it too.
If you dont need money, dont spend it.
If you have nothing to eat but you have 10 BTC, you are stupid.

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March 06, 2018, 07:47:52 AM
 #1565

Every investor is greedy, and they are always grasping for what they own. They hold Bitcoin as an excellent way to hold back the market, if everyone is afraid and sells everything, the market will end.

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March 06, 2018, 07:48:31 AM
 #1566

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 think holding bitcoin for long is a sign of greed. I think it's a wise investment strategy. This reduces the risk of investment. Why don't you think that people who trade bitcoins so frequently and want to gain more money in a short period of time are greedy?
coiner27
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March 06, 2018, 07:51:00 AM
 #1567

Holding to bitcoin is not being greedy; instead, it's a form of strategy which can make your investment more profitable. Isn't this what you wanted here? You want more money, so you have to invest by keeping your bitcoin until you reach the desirable value of it.
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March 06, 2018, 07:55:45 AM
 #1568

 I think there will be a time where bitcoin prices will stabilize, that’s the time I will begin spending bitcoin.The majority of bitcoin owners keep it because they have long-term investment plans, so do not misunderstand greed.
Bosmuda
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March 06, 2018, 07:58:44 AM
 #1569

How do you define greedy? In trading, greedy means that emotions that able to ruined us by act irrationally and didn't take any consideration about trading plan and risk management. This is a trader biggest enemy that they should overcome. By holding bitcoin as long as get along with the trading plan and risk management, I think it is not greedy.
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March 06, 2018, 08:16:41 AM
 #1570

Being greedy is worst if you are holding on to such things that might have an affect to others. But if your greediness on holding bitcoin I don't think that there could be problem because you are investing and part of investing is also a process of holding on into it as you are waiting to the moment of rise and fall of that particular investment. Much worst of greediness on holding on to bitcoin is as if you are doing it in a way that you able to kill or what just to get bitcoin of others to be your as an additional to your investment and that is the time the being Greedy is not good.

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Being greedy is worst if you are holding on to such things that might have an affect to others.
holding a bitcoin does actually have an effect to others but the effect is good because if you manage to hold your bitcoin the value of bitcoin will also become stable and rise if ever other people buy and hold also. that is why i think holding a bitcoin is not a greedy move at all rather it is beneficial , we all get the benefits of holding it for a chance of price increase in the future.  the real greedy is doing something bad just for the sake of your own satisfaction and happiness.
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March 06, 2018, 08:28:34 PM
 #1571

This is NOT greed! You can not just conclude that keeping Bitcoin is greed. Everyone wants to save their investments, because this is a very good prospect and a good investment.
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March 06, 2018, 08:47:25 PM
 #1572

If you understand the existence of supply and demand, you will understand that holding bitcoins does not act greedily, this is a good way to store values and not limit the income there is always a trade every count per second.
yurisoares
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March 06, 2018, 08:49:54 PM
 #1573

I think holding bitcoin or any other digital currency is not greedy since you are just doing that for the profit you can get after time. I think we just need to be contented on what we can get, we just need to set a goal and be OK with it.
the problem to bitcoin holders these days, when Bitcoin price pumps up the holders think that they will be able to get more profit from it when they will be holding it more.
chrsjrcj
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March 06, 2018, 08:51:11 PM
 #1574

Everyone has greed. When you invest in bitcoin you always want to get a lot of money from it. Keeping bitcoin and waiting for bitcoin to raise the price is normal. It is important that you know the stop, know the right time and do not get too greedy
kolsernik
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March 06, 2018, 09:42:57 PM
 #1575

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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March 06, 2018, 09:48:02 PM
 #1576

Everyone has his/her profit points and research sources guiding their decision making process in Cryptocurrency. If hodling has been the main purpose, I believe they are entitled to it but if just being overly greedy, there are shocking points around the corner to always put the persons in checks and balancing.

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March 06, 2018, 09:57:20 PM
 #1577

It's a risk many are willing to take. It's true that it could be worthless in the future, Warren Buffet has said it will end badly and who would argue with the worlds best investor? I think it is worth taking a chance but don't take my word for it!

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orka39
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March 06, 2018, 10:00:07 PM
 #1578

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 think holding bitcoin for long is a sign of greed. I think it's a wise investment strategy. This reduces the risk of investment. Why don't you think that people who trade bitcoins so frequently and want to gain more money in a short period of time are greedy?

Both is greedy. Its not only the one who trade frequently in a day is greeady.
More than that, holding too long also sign of greedy because we always want more and more profit.
Sometime greedy is very important to gain more profit but we should understand at least technical analysis to support our greedy to gain more

anavir
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March 08, 2018, 01:08:41 PM
 #1579

holding is not greediness...holding is a smart way on how you get profit...we are into this business because we need to earned money for our future so,i can not say we are greedy because we are holding bitcoin

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March 08, 2018, 01:13:00 PM
 #1580

Holding appears to be doing what the majority of people are doing hence why BitCoin tend to bounce back from any dips.

It is only when a majority sell up that an asset crashes permanently and this is not happening with Bit Coin.
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