Is holding bitcoin Greedy? | Bitcointalksearch.org

The_prodigy

hero member

Activity: 924

Merit: 500

Quote from: kiddddddd on April 03, 2018, 10:45:25 AM

Quote from: shamzblueworld on November 04, 2017, 11:40:31 AM

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?

No! there is a big difference between greedy and trader. You join here you invest in bitcoin you hold it then sell. that's how trading works you won't see a trader here who waits for the "drop value" then sell. You came here cuz you want to earn and you're just being wise and clever.

I don't think that is a proper way to describe a bitcoin holder. Being greedy is something that's not a good personality. Holding a bitcoin is a strategy of a bitcoin holder to make it grow and that's the thing in this forum you invest into something to increase it and have a profit at the right time. It's not about being selfish rather being wise.

jaymmagne

full member

Activity: 602

Merit: 104

Quote from: logicgate on April 03, 2018, 04:09:50 PM

Quote from: Bitcoinage_official on April 02, 2018, 09:50:22 PM

If you're holding bitcoin because you are an active and supporting part of the community then you can not be called greedy. Buying and selling short term is a different game.

Holding Bitcoin is simply like doing any other business. It is just that you are doing this business on the internet. Besides, I think buying and selling short terms is not greedy either. We talk about profit maximization right? At times you sell your coins when the price is high. So many people do that. It is rather a wise and game of mind. However holding Bitcoin for long definitely affects the value of the coin in the market that is the value rises.

I agree with you on this mate. It defends on how you manage yourself in doing some trading to maximize your profit. Never underestimate the power of earning less will make you a great profit in a whole.

julius caesar

full member

Activity: 644

Merit: 127

★Bitvest.io★ Play Plinko or Invest!

Quote from: shamzblueworld on November 04, 2017, 11:40:31 AM

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?

If you see having so much money is your purpose then thats probably not good, cause you are focusing to be rich not to be successful and happy, being successful is the fulfillment of your hardwork with the assurance of being financially stable in the future being rich is just having so kuch money whether is from good or bad you dont care and that greediness , and it will never be a good idea to inherit to apply on our dauly lives. Holding is not greedy it just that you are waiting for the fair amount of the tokens you can have for the payment of the hardships that you have offer as a service.

monika27

full member

Activity: 154

Merit: 100

Bitcoin is predicted that going up to $100000. So, many people hold Bitcoin is normal. It is not a greedy

Btcmicel

newbie

Activity: 177

Merit: 0

Quote from: Mosunus on April 03, 2018, 11:34:06 PM

i think it's not greedy at all as long as you hold it with wish. sell it if you need it, hold it if you are not need it. sell it just for the unexpected things, that is wise Wink

I think it depend the volume, if they hold it exact for the future of their family. You can say they only think for their brighter future. But if they hold more and more with what they need in the future, well we can say, yes... they say, too much is bad, in all aspect, either wealth or health.

Mosunus

newbie

Activity: 6

Merit: 0

i think it's not greedy at all as long as you hold it with wish. sell it if you need it, hold it if you are not need it. sell it just for the unexpected things, that is wise Wink

EdfuJihad

member

Activity: 169

Merit: 10

No, it is not about being greedy. Holding a bitcoin is just a strategy of the investor. To have higher earnings and i think as long the user is active he or she is not greedy.

sopromat

full member

Activity: 353

Merit: 100

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

davidcox

newbie

Activity: 54

Merit: 0

According to my thinking, holding a bitcoin is not greedy, holding a bitcoin is smart Smiley and smart people are easy to succeed in your career.

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: Bitcoinage_official on April 02, 2018, 09:50:22 PM

If you're holding bitcoin because you are an active and supporting part of the community then you can not be called greedy. Buying and selling short term is a different game.

Holding Bitcoin is simply like doing any other business. It is just that you are doing this business on the internet. Besides, I think buying and selling short terms is not greedy either. We talk about profit maximization right? At times you sell your coins when the price is high. So many people do that. It is rather a wise and game of mind. However holding Bitcoin for long definitely affects the value of the coin in the market that is the value rises.

m9shn9sh

member

Activity: 182

Merit: 10

I don't think that holding bitcoin for a long time is a greedy realization. This is the right investment strategy. I like to hold bitcoin for a long time, which I think will reduce the risk of investment.

kiddddddd

member

Activity: 103

Merit: 10

“Revolutionizing Brokerage of Personal Data”

Quote from: shamzblueworld on November 04, 2017, 11:40:31 AM

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?

No! there is a big difference between greedy and trader. You join here you invest in bitcoin you hold it then sell. that's how trading works you won't see a trader here who waits for the "drop value" then sell. You came here cuz you want to earn and you're just being wise and clever.

brengoskandel

member

Activity: 210

Merit: 10

It's not being greedy, it's being wise. The two has different meaning. Knowing bitcoin will still rise is being wise. Who would sell his wheat in a low price know that tomorrow its value would rise. It's the same thing with bitcoin.

Mythul

sr. member

Activity: 644

Merit: 250

i think you need a proper speculation and set a target by the basis of your speculation. sell them in high price ,and buy back in low price ,but never leave bitcoin

Bitcoinage_official

newbie

Activity: 29

Merit: 0

If you're holding bitcoin because you are an active and supporting part of the community then you can not be called greedy. Buying and selling short term is a different game.

BlockFolksHQ

member

Activity: 224

Merit: 10

I think holding bitcoin is not a very big deal. Investor still can invest without selling bitcoin, I think is depend with their capabilities. But cannot be denied that bitcoin has it on value holder, thus holding bitcoin maybe better than selling it, make is as a type of unstable saving.

alphaomega.f

member

Activity: 154

Merit: 11

i don't think so. investing is just a wsy to earn money because surely nobody can survive this world without it. it is essential on our everyday lives. greed enters the scene when people start scamming each other aiming for other's earnings.

chrsjrcj

full member

Activity: 280

Merit: 102

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

fancy_pants

hero member

Activity: 663

Merit: 501

quarkchain.io

There is no perfect answer for this question as people who bought in the past and sold at high price have made huge profits and the one who are still holding are expecting to make profits in future when bitcoin will become more expensive once again but I personally feel that its good to sell bitcoin when its giving you huge profits instead of holding it too long.

matedrink24

member

Activity: 188

Merit: 10

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Quote from: gamechangers on April 02, 2018, 05:58:15 PM

Holders of bitcoin can never end up with nothing. Holding is part of the strategies that produce high value or increase in price. If you hold it and the price crashes, I advise you to keep holding and in a matter of time you will get a higher value. Bitcoin will have no value if people don't hold for long.

It's hard to say anything because nothing is impossible in this market, do you see how much potiental, strong and power Bitconnect is ? But after a short moments it became nothing , unvaluable and scamming stuffs.
Due to the fallen of Bitconnect, that event effets this market so much, most of coins are dragging down to bottom and nearly dying.
So just prepare everything if you join this market because things can suddenly happen to you.

Topic: Is holding bitcoin Greedy? (Read 13337 times)