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Question: According to the past five or six weeks bitcoin price study I've noticed that the bitcoin price is continuously rising and falling, the price fall is more than the rise and still most of the bitcoin holders are not ready to sell it. I want to know the rea
When and how?
What if drops?

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Author Topic: Why people are holding Bitcoin?  (Read 58435 times)
ipanks
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September 01, 2017, 10:43:22 AM
 #1041

If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
I think not only 3 months but 2 years ago also, I see bitcoin prices go up 200%.
I'm sad because I didn't keep so many bitcoins at the time

i remember that in 2 years ago, bitcoin price is around $200-$500 and i am disappointed too that i am not buy. if i buy at least 1 bitcoin, i am sure that i can make big profit. but i think its not too late to earn more bitcoin now because the price will be increase and now will reach $5000 and even more. i hope later i can collect more bitcoin so when the price is high, i can sell to make profit  Grin



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David Hoggs
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September 01, 2017, 11:23:58 AM
 #1042

People hold bitcoins to make their future secured because the rate of bitcoins is growing so it will definitely give you profit in future when its price is increased can sell it make millions. People new to market often avoid to take risk in investing due to lose.
ShadowBits
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September 01, 2017, 11:59:35 AM
 #1043

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

I love bitcoin.well i think investor hold it fro a very simple reason because of the possibilities on how high it can go
 More people should look into this. Buy 1 bitcoin or whatever you can afford. Its been going up since the day it was created and will continue to do so far into the future.
Fortress12345
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September 01, 2017, 01:09:28 PM
 #1044

People save bitcoins for future purpose. Bitcoin has a great future because the price of bitcoin now keep rising so in the future it will be very high. There is a possibility to gain more if you hold your bitcoin now and don’t spend it.

Chooroz
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September 01, 2017, 01:10:36 PM
 #1045

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It is just simple. Bitcoin users tend to hold into their bitcoin because by simply holding and saving your bitcoin you can already gain your profit that you can get ftom your initial bitcoin earning you have. Actually holding into bitcoin makes many benefits that people are attracted that makes them to be encourage and continuosly get engage into bitcoin cryptocurrency. Bitcoin's fast price hike make people to hold into their bitcoin because they are expecting of much larger opportunities and benefits it can provide.

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eann014
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September 01, 2017, 01:45:23 PM
 #1046

People hold bitcoins to make their future secured because the rate of bitcoins is growing so it will definitely give you profit in future when its price is increased can sell it make millions. People new to market often avoid to take risk in investing due to lose.
Holding is safer than to invest it, but if you invest some of your bitcoin and invest it in the right path we can earn more bitcoin, we cannot grow if we can't do something else to earn more. but if you really wanted to be safe, better to save it than sorry.
iMark
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September 01, 2017, 02:00:06 PM
 #1047

If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
I think not only 3 months but 2 years ago also, I see bitcoin prices go up 200%.
I'm sad because I didn't keep so many bitcoins at the time
it proves that bitcoin is a profitable investment for long-term or short-term investments. see in the time period a few months ago bitcoin price is still around $ 3000 and now the price has reached $ 5000. up almost 2-fold in just a few weeks. I think that already proves why bitcoin users hold their bitcoins Smiley
suzanne5223
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September 01, 2017, 04:34:16 PM
 #1048

If you know price of Bitcoin 3 months ago and saw the price of now then you can understand how increase Bitcoin price in day by day that's why people holding Bitcoin and when it's price is so high then sell by a better profit.
every one is in greed to be rich and wants to double or triple his or her investment. i think the reason is simple that every one want its price to shoot up like hell and they are just waiting for good time to sell their bitcoin and gain as much as they can from it and bitcoin is also promiving as we see its growth in last 2 to 3 months
Lol. You're so funny, you know? But I won't say we're all greedy just because we're all looking for a means, time or set of circumstances that makes it possible to for us to escape poverty/have a promising future investment  and bitcoin holds that power.

Darknight31
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September 01, 2017, 05:44:43 PM
 #1049

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People like me more tend to hold because we believed that even the price of bitcoin is not stable and its fall right now time will come that it will be pump. Holding bitcoin for a long time was always worth it. It was proven already thats why we are still holding for it.
I can say that even though the price of bitcoin is unstable, sometimes it really gets low and sometimes it gets really high. People are willing to hold their coins because they are waiting for bitcoin price to pump. Everyone believes that time will come the price will rise up and the bitcoin users will benefit from it.
South Park
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September 01, 2017, 08:18:12 PM
 #1050

I guess some of us just don't trust banks and governments anymore and Bitcoin and its math seems a pretty good alternative to all these official liars that rob you smiling and saying that they do it for your safety.
This is one of main reasons to be in bitcoin, banks are too powerful and they can get away with anything since they can buy anyone they want so the only way to counter them is to have our own currency that they cannot print at will and that is  bitcoin.

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basyang
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September 01, 2017, 08:33:56 PM
 #1051

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

     In my personal opinion, people hold bitcoin because of its volatility. We know that the bitcoin price is not stable, sometimes the price high and sometimes it is low. And that is the reason why people holding there bitcoin, hoping to rise the price to its higher value before they exchange or convert it to physical money.

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September 01, 2017, 08:48:14 PM
 #1052

Simply because bitcoin increases,
 when i first know the bitcoin its only 195$ but now the price is so high,and its not stopping to increase and  investor keep holding their bitcoins. 
yrreg ger
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September 01, 2017, 09:16:35 PM
 #1053

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
This is because they know that it will recover soon. As whatthey obseved they fall and then recover very fast, they are professional in this business, so even they are panicking they choose to hold and wait the right time for the right price. We can't avoid to lose some money, this is part of our success, so even we hold some bitcoin there's a unexpected situation that we can't avoid, sell some bitcoin and the rest save for the future purpose.
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September 02, 2017, 04:21:15 AM
 #1054

People who holding bitcoin because they want get much profit from bitcoin.
Because every month or year price of bitcoin always increase like rocket.
Mapagmahal
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September 02, 2017, 04:31:33 AM
 #1055

People who holding bitcoin because they want get much profit from bitcoin.
Because every month or year price of bitcoin always increase like rocket.

Yes people who are holding bitcoin for the long time want to have a super profit in the future. Bitcoin price nowadays is surging high and each day it has growth but we are hoping to overcome the $5000 and looking forward to making it to above $6000 before the year ends.

i use to be a hunter
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September 02, 2017, 08:35:03 AM
 #1056

Bitcoin's price is tend to rise way too fast in these past few months so the reason must be its price. Those who hold bitcoins believe that it would appreciate to higher amounts.
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September 02, 2017, 08:42:56 AM
 #1057

Obviously they are waiting until they need the money. Since bitcoin is still rising, it is clear that some investors are still waiting for it to rise higher.  And because this will continue on,  the only reason they will cash it out is when they need the money.
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September 02, 2017, 08:46:27 AM
 #1058

because bitcoin can make our life better than ever because we get a lot of benefits for our lives and also can be used as an investment asset ... hopefully the next few years the price is higher

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September 02, 2017, 08:57:43 AM
 #1059

Bitcoin is the largest virtual currency platform which offers huge price value. people have got financially benefitted from this platform so that Bitcoin has been accepted in many countries.
especially in the developed countries Bitcoin has got huge popularity and credibility. people also believe they will be benefitted from this platform in the future that is why they are holding Bitcoin for the future purpose.
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September 02, 2017, 09:52:29 AM
 #1060

You are probably talking about the "split" that could have happened at August, The only reason people didn't sell is because they made a "smart" judgement that a split is unlikely and in the most remote possibility, wouldn't impact holders that much if the overall coin value didn't drop (for all the new coins that could have risen).
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