Post
Topic
Board Bitcoin Discussion
Re: It's not greed, it's called risk.
by
Z_MBFM
on 18/04/2025, 17:11:15 UTC
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.
Investing in Bitcoin is not greed. It is an asset that can be profited from. Just like investing in any real estate asset, gold or business. However, like investing in Bitcoin, you also have to consider that you cannot sell Bitcoin whenever you want. Only if you can be patient and have a long-term investment horizon should you invest in Bitcoin. And those who invest in Bitcoin to get a lot of profit from Bitcoin in a very short time are simply greedy and they basically do not know much about Bitcoin. I think investing in Bitcoin is not greed if it is considered greed. Then all investments in the world are greed. Because the purpose behind all investments is to make a profit.