Post
Topic
Board Bitcoin Discussion
Re: It's not greed, it's called risk.
by
Sticky Bomb
on 20/04/2025, 20:55:30 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.
Every investor has the right over his bitcoin investment, $150k may not come during this cycle, maybe in the next and it would surely take 4 years or more, so the guy who predicts it is surely going long-term with his investment considering the fact that he may have started investing into bitcoin earlier and may have chosen to continue buying consistently until he achieves his target selling price, or maybe he has reached his accumulation target and his holding period is until it hits $150k no matter how long it takes, so that is his holding target and I cannot say he is greedy, he has the right to envision his perceived profit margin and hold until he achieves it.