Why people are holding Bitcoin?

[Rifat0099]

Holding bitcoin is the best way to receive huge profit. People holding bitcoin because they know its price in increase in future. So thats why people are holding bitcoin.

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[recklessMe]

Take a look at the price chart, bitcoin price is always rising. Sure, it decreases in some periods, but in a long term it is seen as a trusted investment by many people.

[ronaldo40]

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.

I do not think long term holders hold based on a belief I think they are convinced that bitcoin is going to keep going higher, in fact even if the demand remained static, the inflation of fiat will push the price higher by itself, when you factor the growing demand then it is not really surprising to see the big prices that we see today.

of course, they hold based on belief in bitcoin, if are not believe they will not hold bitcoin. bitcoin demand will continue to increase from year to year because the number of users continues to increase so that the price will continue to increase in the future.
 

[CryptoBeefy]

Sky is the limit for bitcoin so people are holding hoping that it continues to grow and reaches some of these figures that have been touted out

[untugede]

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.

I do not think long term holders hold based on a belief I think they are convinced that bitcoin is going to keep going higher, in fact even if the demand remained static, the inflation of fiat will push the price higher by itself, when you factor the growing demand then it is not really surprising to see the big prices that we see today.

of course, they hold based on belief in bitcoin, if are not believe they will not hold bitcoin. bitcoin demand will continue to increase from year to year because the number of users continues to increase so that the price will continue to increase in the future.
 

like that bitcoin, it will take the confidence to use it if it does not believe in bitcoin only fears are felt and then will not get anything from bitcoin ,, and for bitcoin every year the demand will always increase then the price will continue to rise

[Matushanin]

In the fact that the toy currency, like those used by computer games lovers, turned into a formidable financial instrument is the fault of the American authorities. Maybe the level of surveillance and control of ordinary citizens is not so high in reality, but a persistent stereotype that provokes the withdrawal of people into the "shadow". This is one reason. And the second - the number of bitcoins is strictly limited, so with the increase in demand for them, the price will inevitably grow.

[Victorycoin]

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.

I do not think long term holders hold based on a belief I think they are convinced that bitcoin is going to keep going higher, in fact even if the demand remained static, the inflation of fiat will push the price higher by itself, when you factor the growing demand then it is not really surprising to see the big prices that we see today.

Isn't belief and conviction one and same thing? The mindset of most bitcoiners is that the features and potentials of Bitcoin are not such that could be easily passed up by any sane person and therein lies the source of an unending demand for Bitcoin, which unequivocally is the launching pad for Bitcoin's lunar expedition.

[tanjiran]

I think the increase is higher than the decline. although there is a possibility of going down, but many people believe, including me, to try my luck to gain multiple profits.

[bitcoindusts]

Bitcoin had been  believed to be the medium to getting rich.  This is the reason why people started to hold bitcoins.  With its high volatility and speculative market, the price of bitcoin is hard to guess but most of the community believes that bitcoin will someday reach a certain price and the community had proved that it is possible since there had been several price milestones that had been reached and broken by Bitcoin.  This is why most of us thinks that bitcoin is the best store of value today.

[Piesel]

Bitcoin had been  believed to be the medium to getting rich.  This is the reason why people started to hold bitcoins.  With its high volatility and speculative market, the price of bitcoin is hard to guess but most of the community believes that bitcoin will someday reach a certain price and the community had proved that it is possible since there had been several price milestones that had been reached and broken by Bitcoin.  This is why most of us thinks that bitcoin is the best store of value today.

True. They are sure that Bitcoin will bring to them high profit, a lot of money in the future. Therefore, they will keep holding Bitcoin for future purpose. The price of Bitcoin won't stop, it increases more powerfully day by day. Holding Bitcoin is very smart.

[xSkylarx]

They are holding bitcoin because they want to earn more fiat in value of bitcoin because they know that the price of bitcoin is never been stable so they grab that chance to get a chance also to earn more fiat and become rich in just holding bitcoin.

[South Park]

The reason people hold their Bitcoins is simple -bitcoin is the fastest growing investment in the market and you can expect a massive rise in value of your holdings simply by have some patience. Just give some time to Bitcoin to grow.

Not only bitcoin is the investment with some of the best growth in the last ten years it is also very easy to get those profits, with bitcoin the only thing you need to do is to hold, if you wanted to get those earnings in the stock market you will need to be a financial genius.

[cronus]

Bitcoin is more like a Investment , like people invest in mutual funds in hope that they will get good price on long time, just like that Bitcoin is good investment as the progress is high and the price of demand will also be high , so investment now will bring good high returns.

[bajing]

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.

I do not think long term holders hold based on a belief I think they are convinced that bitcoin is going to keep going higher, in fact even if the demand remained static, the inflation of fiat will push the price higher by itself, when you factor the growing demand then it is not really surprising to see the big prices that we see today.

of course, they hold based on belief in bitcoin, if are not believe they will not hold bitcoin. bitcoin demand will continue to increase from year to year because the number of users continues to increase so that the price will continue to increase in the future.
 

like that bitcoin, it will take the confidence to use it if it does not believe in bitcoin only fears are felt and then will not get anything from bitcoin ,, and for bitcoin every year the demand will always increase then the price will continue to rise

Yeah that's is the main reason from many reason, why people are holding bitcoin because we must believe first before made an investment on something if we're not believe on that's investment, im sure we will do something bad like will sell the investment on the cheap price and also i think all investor should be know about it.

[geegaw]

Bitcoin had been  believed to be the medium to getting rich.  This is the reason why people started to hold bitcoins.  With its high volatility and speculative market, the price of bitcoin is hard to guess but most of the community believes that bitcoin will someday reach a certain price and the community had proved that it is possible since there had been several price milestones that had been reached and broken by Bitcoin.  This is why most of us thinks that bitcoin is the best store of value today.

True. They are sure that Bitcoin will bring to them high profit, a lot of money in the future. Therefore, they will keep holding Bitcoin for future purpose. The price of Bitcoin won't stop, it increases more powerfully day by day. Holding Bitcoin is very smart.

Said a more accurate way, Bitcoin is an opportunity to help them go to the path to become a millionaire faster, they will live a more comfortable life than ever before, so they always hold bitcoin. And Bitcoin will soon be more popular and the price of bitcoin will also be higher if we do not hold bitcoin cheap now, we can hardly get a bitcoin in the future, the price of bitcoin in the future will be very expensive

[onpages]

Because people are beginning to understand the ability of bitcoin as a good investment instrument. Limited supply is the hallmark that bitcoin is likely to achieve tremendous price in the future.

[Lmaooo]

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

People are holding Bitcoins for profit! When you buy bitcoin and hold it for a long time you could easily double your investment. Bitcoin tend to get more valuable in time,  so if you hold it for a long enough you can get huge return on investment.

[soy]

The statistics of the last nine years proved that it was better to hold its bitcoins than to spend them. It is likely that the best strategy to hold is still the holder for a few years. That said, the less cautious among us will spend their bitcoins in altcoins whose profits will be multiplied over the next months / years .. Remains to choose the right one.

[BitDane]

There are lots of predictions and hype about the upcoming price of bitcoin in the future.  I am sure that is the reason why people are buying and holding Bitcoin to wait for that moment.  As far as I know bitcoin used to be less than cent few years ago and now look how the price grows.  I believe that after this year the history repeat itself.  From thousand of dollar it may increase to hundreds of dollars.

[South Park]

Bitcoin is more like a Investment , like people invest in mutual funds in hope that they will get good price on long time, just like that Bitcoin is good investment as the progress is high and the price of demand will also be high , so investment now will bring good high returns.

I think this is not necessarily true, markets go up most of the time, if you see the trading history of the US market for the last 100 years you will see there is only one decade that lost money and that was thanks to the great depression all the other decades the overall gain was 10% per year.