It's not greed, it's called risk.

[Fiatless]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

We were having a discussion and someone said he would sell his Bitcoin this year immediately the price gets to $150,000. Most people saw him as been greedy. They felt it was a greedy target since it was far above what they expect from the market this year.

I told them that in Bitcoin investment risk is synonymous with greed. I am not greedy because I am predicting a higher profit; it's just risk-taking. I am sure that ten years ago anybody who said he would sell at $100,000 might be generally seen as greedy. But today, they are celebrated risk-takers.

[Dunamisx]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

The purpose for choosing bitcoin could either be for the purpose of financial freedom, transferability and profit maximization, others will see it as a way of securing their assets in a profitable investment so that it appreciates instead of being affected by inflation, but when it comes to greed, the way we play our game in bitcoin investment or trading will now determine whether we are truly taking a risk or working on greed, because some truly want to make money overnight as if it was a ponzi scheme, trading at maximum risk without caution while some will moderately go along with whatsoever thing they do to minimize risk and increase chances of making profits because they are not greedy.

[Perfectbaby]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

No Bitcoin investors is greedy rather they are too optimistic about the future price of Bitcoin, there are people who may project to hold it for 10 years or for above that price level but when the investment starts to yield massively you would see them not having that to hold back to what is with their initial agreement instead they wouldn't mind selling it before they get to the next bull market.

[fuguebtc]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

No Bitcoin investors is greedy rather they are too optimistic about the future price of Bitcoin, there are people who may project to hold it for 10 years or for above that price level but when the investment starts to yield massively you would see them not having that to hold back to what is with their initial agreement instead they wouldn't mind selling it before they get to the next bull market.

In my opinion, our excessive expectations and optimism about bitcoin price is also considered as greed or even investing in bitcoin is greed. If we weren't greedy and wanted to get rich, we wouldn't be willing to take the risk and choose bitcoin. Greed is in human nature, it is a part of being human, no one is without greed. But the important thing is that our greed does not harm or affect anyone's interests, it is harmless.

So there is no shame in someone saying I am greedy for investing in bitcoin or aiming too high, but it makes me believe that people who say I am greedy are just selfish and jealous of me .

[JiiBs]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

We were having a discussion and someone said he would sell his Bitcoin this year immediately the price gets to $150,000. Most people saw him as been greedy. They felt it was a greedy target since it was far above what they expect from the market this year.

Maybe I haven’t been around people with this mindset towards investing but, it ain’t really greedy if you actual have a plan towards how you choose to manage your investment.
Something that might not sound quite like it is; having to speculate on price hitting $150k in this year especially in the current market condition. It really doesn’t add up you know but then, why sell this year… what really is it about that?

I understand that in the end, it’s their investment but, if you are always going to buy again, I think selling when you can manage it isn’t really a good move.

[SuperBitMan]

In every investment you are into you will always wish and hope for it to grow big and when you have that thought you are not greedy no body will wish for his or her investment to become low, Bitcoin is a very big investment and is growing very big day by day some states are now getting involved in Bitcoin investment by having a Bitcoin reserve and a lot of people are now getting involved in Bitcoin if someone has the thought of Bitcoin price hitting $150k this year is not a wrong or bad thought it can actually happen, I love investors who actually believe so much big in Bitcoin growth they are the once that hold longer. Why will someone even say a Bitcoin investor is greedy I still don't understand, greedy in what aspect exactly or is it because we hold and wait for Bitcoin to grow more bigger in price that is not being greedy is an investment and we are just hoping for the best, when it comes to bitcoin investment it is a long term investment there's different between a Bitcoin investor and a Bitcoin trader those who are traders hold for a very short period of time but Bitcoin investors hold for long term.

[Fiatless]

Something that might not sound quite like it is; having to speculate on price hitting $150k in this year especially in the current market condition. It really doesn’t add up you know but then, why sell this year… what really is it about that?

I understand that in the end, it’s their investment but, if you are always going to buy again, I think selling when you can manage it isn’t really a good move.

If my target is $150, that's my risk level. Two things would happen, it will get to the price or not. If it gets to my predicted price, I have made more profit and lost some money if the opposite happens. Many sold at $100,000 because it was a popular prediction. But I know people who never believed it would get to $100,000, and they sold early. Everything is just risk.

People have plans to diversify their assets. Bitcoin is not the most profitable investment, you know. If I have plans to sell my coin and start a real estate business, that's not bad. But if you have nothing to do with the money, converting it to fiat and keeping it is a bad idea. You can keep hodling since it will still appreciate..

[Despairo]

Risk is just risk, while greedy is more than risk.

You want to invest in Bitcoin, that's risk, you only able to risk 30% of your wealth in Bitcoin, that's also risk.

But if you invest more than 30%, which is higher than your risk preference because you think Bitcoin has bright future, that's where you can call you're greedy.

Greedy isn't always a bad term, you're either more successful or failure, that's it.

[Fiatless]

Risk is just risk, while greedy is more than risk.

You want to invest in Bitcoin, that's risk, you only able to risk 30% of your wealth in Bitcoin, that's also risk.

But if you invest more than 30%, which is higher than your risk preference because you think Bitcoin has bright future, that's where you can call you're greedy.

Greedy isn't always a bad term, you're either more successful or failure, that's it.

Let me ask, the people who bought Bitcoin ten years ago and said they would not sell until it got to $100k, were they greedy?

[jcojci]

They will say that is ridiculous target and not make sense if Bitcoin hits $150,000. But when they see it happen, they will not say anything and curious how that could happen.

Many people in the past would not believe Bitcoin's price could reach above $100,000. Maybe we are that one but the good news is we still hold our Bitcoin till today and sold some amount when Bitcoin reached $109,000.

As Bitcoin investor, I don't care what other people say. Even if they don't believe the price will hit $200,000 or even $1 Million. We have our own target so we must hold it tight.

[Charles-Tim]

How about people that did not plan to sell at all even during bear market. Later bitcoin will increase and later get to all-time high continuously in long term.

You have plan and you set it and it is not bad. But worth knowing that if bitcoin get to all-time high next, the bear market may begin. I am only letting you know because you may want to take your profit.

I see traders to be greedy and not bitcoin investors.

[Majestic-milf]

People tend to see investors as greedy especially Bitcoin investors since that's the only way they can explain why someone sets a high target for profit takeout but don't really bother to check what the person has gone through to make it that far. When things work, people celebrate you and call you a good thinker and an efficient user of your resources, while some will still find a way to belittle the sleepless nights you had to go through because of that target you set, instead choosing to accept that you should have set a more safe price, because if it weren't for greedy mindset, who will say they want to take profit when Bitcoin is a $150k, why not when it gets to hundred because to them, that's the bar they have for price.
 I think I've come to understand that in life, in order for you to succeed, don't base your actions on people's opinions because you will not get far, constantly you'd be living in doubt and "what if", so instead of being bothered that I'm regarded as greedy just because I set the bar high for my investment, I'd rather shut those voices and take the risks. After all that's what life is all about.

[Publictalk792]

It is really interesting how people see Bitcoin investors and where line is between wanting to do well and remain seen as too greedy. It sounds like your friends think aiming for Bitcoin to reach $150,000 this year is too much maybe because it is higher than what they expect. But your idea that trying to make bigger profits is more about taking risks than just remain greedy makes a lot of sense.
Setting high selling price for Bitcoin could be thought out risk based on someone own research and belief in Bitcoin future not just never ending want for money. Your point about how deciding on high price is about understanding and taking risks is important. It reminds us that wanting big return is not always greed it can also show how much risk someone can take and how strongly they believe in what they are investing in.

[GreatArkansas]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.
(....)

I agree with this, because even at what price you bought it's still a risk, even how high it's high or low it is. No one knows what the future of Bitcoin is.

Most people think it is "greed." It's because for them, Bitcoin is already expensive now, they don't realize that even big companies, still spending billions to buy. So, even how small we buy and even at what low price, for me, it's still a risk; part of an investment.

[Dr.Bitcoin_Strange]

When I see some people make this kind of comment, I either give them a comprehensive explanation of what Bitcoin is and how possible it is for Bitcoin to archive such high price or I will just ghosts the argument because It's only lack of Bitcoin knowledge that can make some people to think like that, when Bitcoin was just $1k, if some people said that they were going to hold till it get to $100k, so many people would be skeptical about the price reaching such level but finally it has and to get to $150k is not even a big deal.

[Ambatman]

I don't understand when we talk of greed the other is fear not risk.
Everything has a risk
And been greedy likewise has its risk.

No it's greed. People associate wanting more than already gotten
Or generally expected as greedy
And taking less is fear.

I don't really agree with your statement @OP except proven wrong
I believe all greeds have it's risk but not all risk are as a result of greed.

[Cityhunter34]

As long as Bitcoin investment is concerned there is nothing like being greedy in Bitcoin investment, Bitcoin is not gambling where people's normally have greedy life. Because as far as I know Bitcoin investment is not something to joke with, it is done for future purposes. Because each and everyone us here have a target that we normally hold our Bitcoin before thinking of selling. so anyone that is arguing that bitconiners are greedy over there Bitcoin investment don't know anything about Bitcoin investment.

[Tmoonz]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

We were having a discussion and someone said he would sell his Bitcoin this year immediately the price gets to $150,000. Most people saw him as been greedy. They felt it was a greedy target since it was far above what they expect from the market this year.

I told them that in Bitcoin investment risk is synonymous with greed. I am not greedy because I am predicting a higher profit; it's just risk-taking. I am sure that ten years ago anybody who said he would sell at $100,000 might be generally seen as greedy. But today, they are celebrated risk-takers.

It is an interesting perspective that what people see as greed in this regards can be seen as risk over rated because those who says that one intention to hold their Bitcoin investment to an expected time which they can not be to hold to that extend feel the gravity of taking those risk and of course the possibility of achieving such goal and objectives and there after they consider themselves with a low esteem preposition and tend to oppose those who intend to do what they can not and sees it as greed, it is not greed but risk in a different dimension, there is nothing to emphasize about this since everyone has the to do whatever they want irrespective of how others may think of feel about it perhaps everyone has different investment goals and objectives.

[Felicity_Tide]

I have heard people say a Bitcoin investor is greedy. Bitcoin investors always have plans on how they want to acquire Bitcoin, how long they want to invest, and at what price they want it to sell.

We were having a discussion and someone said he would sell his Bitcoin this year immediately the price gets to $150,000. Most people saw him as been greedy. They felt it was a greedy target since it was far above what they expect from the market this year.

That doesn't sound like a greed to me, when none of us can tell what the future holds. I sincerely don't appreciate those that try to use their own speculation/ideology to overshadow others. The person that plans on selling his Bitcoin when it hits $150K is only speculating, and that doesn't necessarily mean that Bitcoin will hit that amount this year, but at the same time, I might be wrong. If he plans on selling at that amount, then I believe he must have compared his buying price to his selling price, so he won't be at loss.

If he chooses to sell at $150K, then we might need to start asking, when he actually bought?, and how much he has accumulated before that $150K. Sooner or later, investors will sell. You deciding when to sell is not necessarily a greed. We all can't deceive ourselves with what seem to be satisfactory.

[Fiatless]

I don't understand when we talk of greed the other is fear not risk.
Everything has a risk
And been greedy likewise has its risk.

No it's greed. People associate wanting more than already gotten
Or generally expected as greedy
And taking less is fear.

I don't really agree with your statement @OP except proven wrong
I believe all greeds have it's risk but not all risk are as a result of greed.

Let me rephrase my assumption so that you will get my point very well. People might see my expectations from Bitcoin as greed, while I see it as taking risks. The point is that there is a measurement or benchmark for greed in Bitcoin investment. You can see my projections as greed because it exceeds your risk level. But for me I am comfortable with the price, risk level is relative

Okay, let me ask you this question. Which price do think an investor will want to sell his coin this year that can be classified as greed?

Anyway I don't have to prove you wrong because everyone is entitled to their opinions.