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    Author Topic: It's not greed, it's called risk.  (Read 1179 times)
    BenCodie
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    April 16, 2025, 12:16:14 PM
     #21

    There's a distinction between a calculated risk and greed. Calculated risk is taking into account facts and research that suggests a probability of the risk providing a reward. Greed is trying to extract more than what might be responsible or within a reasonable risk/reward ratio, not calculating the risk, or getting more than what the ratio might suggest.

    I would say that greed is trying to extract a high return in a short amount of time after Bitcoin already spent 1 - 2 years rallying (i.e. entering above $100k and hoping for more), or trying to get a return in any short period of time from Bitcoin period.

    I think they key between taking a calculated risk on Bitcoin and being greedy is time frame. A long term vision is less greedy that one trying to extract returns in an unreasonable time frame/when research suggest low probability of a short term return.

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