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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)
HiringYou
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October 20, 2017, 05:06:38 PM
 #1421

People working in this cryptomarket are conversant with the potential of Bitcoin .They know that if there is a drop in it's price then price will rise also.They know that Bitcoin is best for long term investment and the amount of profits they will earn depends upon the time for which they will hold there Bitcoin. So the more they will hold the more they will be profited thats why people prefer holding there Bitcoin's .
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October 20, 2017, 05:08:56 PM
 #1422

Because Bitcoin can reach $ 8000 by the end of the year and I'm sure this will happen. Today Bitcoin prices have reached $ 6,000 and everyone is considering investing a large sum of money to invest in Bitcoin.
Really? I have checked and know many traders want to take profits after Bitcoin reached $6,000. What do you think Bitcoin still have more reason to increase again? As me, I aslo want to sell my Bitcoin at $6,000 before it pump to $8,000 as your said.

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October 20, 2017, 05:29:20 PM
 #1423

People are not foolish they are too intelligent for holding Bitcoins as they might looking to sell when the price goes high for around $10k.

I am looking to sell when the price reaches more than $7500, but everyday the population increasing in blockchain and people are investing daily.

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October 20, 2017, 06:46:20 PM
 #1424

These people, like me, use bitcoin as an investment in the long run. I do not have the desire and skills to trade crypto currency on the exchange, and I prefer to store bitcoin in my wallet. So I see more opportunities for profit. I constantly look and analyze the growth schedule, and I'm happy with everything.
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October 20, 2017, 06:57:43 PM
 #1425

Everyone is holding bitcoin, because it is hoped that it will grow. Most likely it will. The main thing is not to be late for it.
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October 20, 2017, 07:05:43 PM
 #1426

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Everyone is holding Bitcoin because they are expecting a higher price in the future. This can happen when the potential for development is huge. Besides, at the moment it is very difficult for you to buy Bitcoin at a reasonable price, so I suggest you wait a bit longer.
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October 20, 2017, 07:12:47 PM
 #1427

Due to the raising value of BTC and growing interest in the media/social platforms i think it could continue to climb! I'm certainly holding onto mines!!
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October 20, 2017, 07:19:31 PM
 #1428

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

The time is coming to achieve our circle, but may be people will demand more. Because in this starting of the year all people thought when bitcoin come at $5000 to $5500 then may be they sell their bitcoins including myself. I have thought when bitcoin will come at $5000 then sure i want to sold my bitcoins, but i don't know why i stop myself to sell bitcoin, may be i am demanding more and also bitcoin's price make us greedy. Majority have no clear answer to hold the bitcoins and which price their want till the end.  
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October 20, 2017, 07:53:13 PM
 #1429

They would reserving it in the close to future On account they know cost will ended up higher more than today. They basically need to offer toward An higher value something like that that they Might get An substantially exceptional benefit. Or basically they need aid still Holding up for long time.
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October 20, 2017, 07:56:39 PM
 #1430

Wy people are holding dollars?
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October 20, 2017, 08:01:59 PM
 #1431

Because bitcoin is the best investment that you'll ever do if you act now. 3 years ago I heard about it and shrugged it off as another scam. Boy was I very wrong. Even buying around a year ago would have made me a lot of money if i held on to it. It's never too late to get into it. Just hold on for dear life.

I remember my grandpa telling me stories of how he regretted not buying McDonald's stock. My dad telling my stories of how he regretted not buying Amazon stock. I'm only going to regret not buying more bitcoin.
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October 20, 2017, 08:42:21 PM
 #1432

People are holding bitcoins because they have faith in its potential that in future it will hold very much high price which will give people best profits on their investments as if you look at the history of bitcoin then you will notice then price has increased over a period of time and if people hold their coins for next 5 years then they will surely become rich with it.
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October 20, 2017, 09:49:29 PM
 #1433

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding it because sometimes the price of the currency of bitcoin drop-down which makes every users sas they hold it because they tend to wait to see it increase again, people use it as strategy because if they cash it out instantly they will loose money and cannot gain it again that's why they hold it to the virtual wallet.

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An0nyMoose
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October 20, 2017, 09:54:48 PM
 #1434

People are holding bitcoins because they believe they're going to be worth a lot more than what they currently are. It will manifest as fiat money and paper money are poor universal ledgers.

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October 20, 2017, 09:57:06 PM
 #1435

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding it because sometimes the price of the currency of bitcoin drop-down which makes every users sas they hold it because they tend to wait to see it increase again, people use it as strategy because if they cash it out instantly they will loose money and cannot gain it again that's why they hold it to the virtual wallet.
well if we sell the coin that is owned when the price is down yes that obviously will lose and that's what
makes many people frustrated with the name of bitcoin or cryptocurrency so those who lose will consider a scam

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October 20, 2017, 09:58:44 PM
 #1436

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they want to have big profit in the future. Yes it is right to hold bitcoins because as the days goes by its price and value will get higher and many got rich because of waiting for a long time. So it is better to hold bitcoins in the wallet.
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October 20, 2017, 11:35:55 PM
 #1437

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they want to have big profit in the future. Yes it is right to hold bitcoins because as the days goes by its price and value will get higher and many got rich because of waiting for a long time. So it is better to hold bitcoins in the wallet.

Yes people who are earning bitcoins in their spare time will never prefer to sell their coins at this stage as they know that bitcoin can go much higher in future so they believe in saving their earnings for future to take best benefit from it by selling their coins when price will hit the moon.
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October 20, 2017, 11:56:58 PM
Last edit: October 22, 2017, 08:40:25 PM by carlerha
 #1438

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they want to have big profit in the future. Yes it is right to hold bitcoins because as the days goes by its price and value will get higher and many got rich because of waiting for a long time. So it is better to hold bitcoins in the wallet.

Yes people who are earning bitcoins in their spare time will never prefer to sell their coins at this stage as they know that bitcoin can go much higher in future so they believe in saving their earnings for future to take best benefit from it by selling their coins when price will hit the moon.
In fact the investors have now become too much mature and they know that bitcoin has more potential and its price will continue rising for along time and therefore they are now interested to sell their bitcoin but trying to manage and buy more and mroe bitcoin for long term investent, as bitcoin is the best option for long term investment. I personally have invested a good amont of money in bitcoin for long term investmet and i am too much confident that bitcoin will give me a good profit after some time.
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October 21, 2017, 01:09:29 AM
 #1439

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

i think people hold bitcoin  because they want to wait for the right time and a perfect time to sell their bitcoin. they are waiting for the value of the bitcoin to increase to satisfy themselves.
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October 21, 2017, 01:20:47 AM
 #1440

people hold and hold bitcoin for profit, because they do not want to sell bitcoin for a cheap price. bitcoin is a market that has unstable prices. so everyone takes the opportunity to buy and hold the bitcoin until the price goes up, then sell it.

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