Post
Topic
Board Bitcoin Discussion
Re: Is holding bitcoin Greedy?
by
Tadblt
on 09/12/2017, 17:19:01 UTC
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?
Technically speaking, Bitcoins has no security if they rise or they drop because it's a decentralized digital currency. Holding a Bitcoin is like betting from a game because you will never know if you will win or lose. If they keep bitcoins it's just mean that they have hopes that Bitcoin could rise it's value and yes, they already accepted the fact that they could even lose and the high risk is there. So i don't think it's being greedy, it is being risky and hopeful.