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?
You can't just simply conclude that holding bitcoin is being greedy. In an investor's point of view, holding your bitcoin or asset is one of the best way to save or keep the asset you have. It is one of the strategies in keeping and waiting for your asset to increase its value. Because of the fluctuations, there are times that you need to keep your asset and wait for it to increase its value if you really want to earn from it. Holding bitcoin has a very low risk that trading it or using it for gambling to earn.