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Author Topic: Is holding bitcoin Greedy?  (Read 13241 times)
Gamix
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March 09, 2018, 01:19:29 PM
 #1621

It`s not Bitcoin that makes people greedy, it`s money that makes them greedy Smiley and as long as money will be involved, people will always be greedy, that`s just psychology.
malbterxic
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March 09, 2018, 01:44:43 PM
 #1622


 What is taught in school is not absolute truth! In the school they grow a consumer society.
If you want to be above all this, you need to develop the brain, it is obvious that bitcoin is not money and it is unreasonable to spend it on ordinary purchases it's not reasonable.
But to use it as an instrument of accumulation and saving a more correct approach to business.
 Here everyone decides for himself.

P3
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March 10, 2018, 06:38:37 AM
 #1623

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 not. Holding bitcoins is a smart move specially for investors. They'll start selling their bitcoins once it reaches its highest price or if they are in need of money. It's not being greedy. That's just an excuse people say so that it'll force investors to sell their bitcoins. Do not mess with people's conscience.
There are some political individuals who are asking that bitcoin holding is eager so I need to reveal to you that holding of bitcoin is an exchanging and everybody can make enough benefit by holding bitcoin so on the off chance that you need to gain enough benefit then you have to hold your bitcoin.
gzgzs798
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March 10, 2018, 06:42:51 AM
 #1624

I think everyone's choice is different. Someone who is optimistic about bitcoin will continue to hold it and will not sell it. When he holds, he must bear the risk during this period. He paid the price. Why is it greedy?
Lyne01
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March 10, 2018, 06:43:20 AM
 #1625

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?

Holding your bitcoin is not being greedy because you are not stepping someone just to have bitcoin or to keep your bitcoin. It is your hard earned bitcoin and no one can say ypur greedy because it is yours anyway. However, there are some disadvantage of holding them for too long because you never what will be the price soon.

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CuteBaby123
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March 10, 2018, 06:57:55 AM
 #1626

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?

HOlding your bitcoin is not being greedy, you are just being wise and practical. But holding it for too long may have negative effect on your bitcoin. Like now, bitcoin price is too low. If you did not sell your bitcoin before the dropping of price, then that is the negative effect.

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butterfy
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March 10, 2018, 07:01:45 AM
 #1627

If you follow your argument, I think everyone is greedy, but the degree of greed is not the same. If those who rely on their own knowledge and experience to judge the market, are those who decide to continue to hold bitcoins as greedy? Then many people in the world who choose to make speculative profits are greedy people.
mackhoy
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March 10, 2018, 07:02:28 AM
 #1628

That is absolutely not true as for me. It is what you called a strategy and skills things which will allow you to earn big from bitcoin. It doesn't mean that if you keep it for long you are being greedy, that's how you will really play the coin to raise its value. It also counts your patience in waiting and that patience will be paid off if you waited and get the right timing. It is just same with saving and investing, you are keeping your money and you will patiently wait for it to meet your target amount until it reaches the value you are waiting for.
yyui
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March 10, 2018, 07:06:15 AM
 #1629

no word greedy when hold bitcoin because we are looking for a safe point to be able to get profit. so I see it's fair and that is part of our work hold coins including bitcoin.

Yes, everyone is greedy and wants to make a bucket of gold in the Bitcoin world. However, since greed, we must prepare for losses. The world is fair, and there are risks if there are profits.
Ashong Salonga
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March 10, 2018, 07:08:57 AM
 #1630

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?

Nope of course. Holding bitcoin isn't make a person become greedy or what because holding a bitcoin is a kind of strategy many people are using. This kund of strategy is very effective because we all know that bitcoin price isn't stable making it to be more good if you hold your bitcoin then sell it when the price is high.

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dangwapo311
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March 10, 2018, 07:09:34 AM
 #1631

I don't think that holding bitcoin is being greedy. Holding is an old tactic that almost all bitcoin owners know as is using. For me being greedy is more like not sharing even if you have a lot to the less fortunate.
Kousei23
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March 10, 2018, 07:11:25 AM
 #1632

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 depends on the person if it will be look a greedy one. A person holding a bitcoin is not greedy for  me because it only shoes that a person is using some strategy,  simple srategy of holding in order to earn a lot higher income. Holding will be look like greedy I think if a person gonna use some money but instead of getting in own money he intend to hold it and use the money of other.


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Jombrangs
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March 10, 2018, 07:16:01 AM
 #1633

Actually holding the bitcoins or any electronic coin in cryptocurrency does not signifies or tells that you are greedy or selfish person.  It is an act of giving much value in investment to earn more in future.
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March 10, 2018, 07:20:12 AM
 #1634

Holding a btc or an assets is not greediness.  It is your business strategy to gain more. Investors never invest if they will just gain penny. 
Greediness is only happened if you deny someone of what is rightfully is belong to them. 

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Royal Jelly
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March 10, 2018, 07:38:20 AM
 #1635

yes I think it's greedy if it keeps holding bitcoin just for the sake of getting the highest price

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March 10, 2018, 07:38:36 AM
 #1636

For me holding bitcoin is not greediness of the holder it’s a strategy, and he/she is just practical. It is just like saving your money in the bank hoping to have good interest. While in holding bitcoin the holder will have a bigger profit because the value of bitcoin is keep on rising and rising. A nice decision because of it’s value today.
popolite11
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March 10, 2018, 02:28:33 PM
 #1637

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 any case any business is associated with greed and creation of cash savings, a desire to gain maximum benefit. In this respect cryptocurrencies and bitcoin are no exception. So don't be worried about the greediness of some people.
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March 10, 2018, 02:31:21 PM
 #1638

Not at all. Keeping your own bitcoin is a wiser and strategic way of getting a higher profit. I think each one of us has our own dreams for ourselves and our family and bitcoin is the answer for most of us to achieve them. Greedy? what ever it is called, if you are doing it for your own good, I do not see anything wrong about it.
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March 10, 2018, 03:13:14 PM
 #1639

Holding Btc never falls into greed.Because in my opinion,the temptation to get what we don't have and which is rare is greed.The rules of crypto-currency are to buy at a lower price,sell at a higher price,and hold until the price increases.And this is the best strategy,which can't be greed.

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March 10, 2018, 03:18:41 PM
 #1640

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?

Greed is an intense feeling to desire something like you will do anything to obtain that thing and holding a bitcoin does not fall in that action. I think about the situation that you mentioned the holder is just being wise for his or her decision and that is his or her style or strategy in holding a bitcoin

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