Post
Topic
Board Bitcoin Discussion
Re: Is holding bitcoin Greedy?
by
Bukx
on 05/03/2018, 09:30:50 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 hodlers end up with nothing?

I think holding your Bitcoins for a better profit isn't presence of greed in you. I think it's thinking in a tactical way and a very good thinking to gain profit in a safe way. Holding is the very safe and easy thing to do in investing in Bitcoin you can have profit here while exerting no effort whatsoever. Holding in a right moment and selling it in the right moment will give you profit and income very well. Trading has a little risk also you can lose profits here if you don't know what to do also gambling.

I know trading is involving with high risk but its not only for trading but holding also include high risk mate.
As you said buying and selling in the right moment can give us huge profit but the problem is nobody knows when is the right time to buy or sell our bitcoin.