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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)
Wexnident
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October 21, 2017, 01:23:49 AM
 #1441

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are holding during the backdrops for the simple reason that they are awared of Bitcoin's volatility. They know that it is normal for its value to sometimes fall and they also know that it will eventually increase. Holding will make them avoid losing money and making them earn huge profit. And at this point, wherein the value of Bitcoin is getting more expensive, those who held during the backdrops will surely earn huge profit.

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October 21, 2017, 01:32:35 AM
 #1442

I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new money! Grin
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October 21, 2017, 01:40:57 AM
 #1443

holding now because in the future it will be worth a lot more
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October 21, 2017, 01:48:49 AM
 #1444

imo..
this month bitcoin has reached $ 6000 ++, maybe next month will be $ 8000 ++, that's why people hold btc now
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October 21, 2017, 02:15:52 AM
 #1445

I think they holding bitcoin because they waiting the bitcoin was going to rise the value.
As of now you see the bitcoin now was coming for $6000 that was a big amount for bitcoin.
If you have bitcoin it is good for you.
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October 21, 2017, 02:22:25 AM
 #1446

Today, bitcoin price has reach over 6000$, that is an evidence prooving that this price will keep rising more and more, many of us dont want to sell bitcoin because they already gained the benefits of this rising and want to keep investing, unless they really need money.

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October 21, 2017, 02:30:02 AM
 #1447

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

Because bitcoin is a valuable thing even if it is virtual in nature. With the technology of our world today, bitcoin is an asset that most people who has it because they are thinking that its value will always uprise. The same reason as why people are keeping thier golds or their diamonds.
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October 21, 2017, 03:07:14 AM
 #1448

Because there is no work like bitcoin tasty, how it works sleep lying and whitout sweating a bit
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October 21, 2017, 04:27:15 AM
 #1449

Because of the benefits, everyone is now enjoying the extraordinary benefits of bitcoin, this is because bitcoin prices continue to rise so the money grows fast. I use bitcoin as a long term investment.
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October 21, 2017, 04:36:55 AM
 #1450

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
of course, because its price is increasing soared if one day its price touches 100 million wah how lucky we are .. if not so need money would be better if bitcoin is held and sold for several months or years it is more profitable to
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October 21, 2017, 04:43:42 AM
 #1451

Really a matter of good investments and always people go crazy with new financial literacy and to earn as fast as rocket to the market. All of us believe that bitcoin will become the currency of the future or in the whole world. Bitcoin today has many accept payments like airplane tickets, bookings hotel, purchase products online and even withdraw real cash money thru ATM bitcoin. The development for almost 7 years is really a massive and unbeatable currency of the century. I am looking forward to the next year for bitcoin.

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October 21, 2017, 05:12:11 AM
 #1452

For me bitcoin is a money and i think that  money has to work,  so to keep bitcoin is not reasonable, however to invest them in ICOs is also risk.and there is one more reason why people keep bitcoin- its bitcoin vaalue forecast in the future.
For me, holding bitcoin is reasonable. Its increases its price so there are lot of people holding bitcoin because by holding it, theie bitcoin will also increase and they are also thinking the value of bitcoin in the future because if we hold today and when time comes that bitcoin will increase huge amount like $10000. That is for sure we can all gain profit by holding it.
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October 21, 2017, 07:56:05 AM
 #1453

For me bitcoin is a money and i think that  money has to work,  so to keep bitcoin is not reasonable, however to invest them in ICOs is also risk.and there is one more reason why people keep bitcoin- its bitcoin vaalue forecast in the future.
For me, holding bitcoin is reasonable. Its increases its price so there are lot of people holding bitcoin because by holding it, theie bitcoin will also increase and they are also thinking the value of bitcoin in the future because if we hold today and when time comes that bitcoin will increase huge amount like $10000. That is for sure we can all gain profit by holding it.
That is the reason why they are holding bitcoin because they want to increase the value of their holdings and because of that they are earning more and more money by just holding and waiting for the price to go up. Holding is the simplest and easiest way to make money in bitcoin because you don't need to do anything unlike trading and other source of income because the foundation in holding is patience.
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October 21, 2017, 08:05:33 AM
 #1454

Really a matter of good investments and always people go crazy with new financial literacy and to earn as fast as rocket to the market. All of us believe that bitcoin will become the currency of the future or in the whole world. Bitcoin today has many accept payments like airplane tickets, bookings hotel, purchase products online and even withdraw real cash money thru ATM bitcoin. The development for almost 7 years is really a massive and unbeatable currency of the century. I am looking forward to the next year for bitcoin.

The most simple reason is that people use Bitcoin as a tool for investment and not for shopping. As you've said, many people say that Bitcoin will be the currency of the future and will change the way of transactions around the world. Society will not bring cash again but the smartphone alone is enough. Although in the traditional market must keep cash in use.

Just look at Bitcoin prices 3 years ago, and try to compare with the current Bitcoin price. The difference is very significant is not it? Now think about what will happen in the next 3 years?
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October 21, 2017, 08:08:42 AM
 #1455

Actually for some people it is not about temporary rise and fall they are holding it for long term returns.And others who invest for short term thinks that the fall is temporary and bitcoin surges back to the high price and rise even more.
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October 21, 2017, 08:30:46 AM
 #1456

Bitcoin still has low popularity.
Bitcoin is because I am growing up.
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October 21, 2017, 09:40:27 AM
 #1457

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

Maybe they are holding bitcoins its because bitcoin is so valuable for them we all know that bitcoin is the best assets also in just a few months the price is 5c bigger than its iriginal price thats the reason whY people are holding bitcoin
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October 21, 2017, 04:41:57 PM
 #1458

For me bitcoin is a money and i think that  money has to work,  so to keep bitcoin is not reasonable, however to invest them in ICOs is also risk.and there is one more reason why people keep bitcoin- its bitcoin vaalue forecast in the future.
For me, holding bitcoin is reasonable. Its increases its price so there are lot of people holding bitcoin because by holding it, theie bitcoin will also increase and they are also thinking the value of bitcoin in the future because if we hold today and when time comes that bitcoin will increase huge amount like $10000. That is for sure we can all gain profit by holding it.
That is the reason why they are holding bitcoin because they want to increase the value of their holdings and because of that they are earning more and more money by just holding and waiting for the price to go up. Holding is the simplest and easiest way to make money in bitcoin because you don't need to do anything unlike trading and other source of income because the foundation in holding is patience.
Well in my opinion the reason of holding bitcoin is to wait for a right time because normally people are buying bitcoins during low price and then they are waiting for the right time when the price go high the they sell out all the bitcoins and get a very good profit and I think it’s a very good way to get a profit through investment I also doing the same thing.

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October 21, 2017, 05:10:06 PM
 #1459

one of its factors may be due to the limited number of bitcoins allowing the price to continue rising and perhaps that's one factor why many people store
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October 21, 2017, 05:21:55 PM
 #1460

For me bitcoin is a money and i think that  money has to work,  so to keep bitcoin is not reasonable, however to invest them in ICOs is also risk.and there is one more reason why people keep bitcoin- its bitcoin vaalue forecast in the future.
For me, holding bitcoin is reasonable. Its increases its price so there are lot of people holding bitcoin because by holding it, theie bitcoin will also increase and they are also thinking the value of bitcoin in the future because if we hold today and when time comes that bitcoin will increase huge amount like $10000. That is for sure we can all gain profit by holding it.
That is the reason why they are holding bitcoin because they want to increase the value of their holdings and because of that they are earning more and more money by just holding and waiting for the price to go up. Holding is the simplest and easiest way to make money in bitcoin because you don't need to do anything unlike trading and other source of income because the foundation in holding is patience.
Well in my opinion the reason of holding bitcoin is to wait for a right time because normally people are buying bitcoins during low price and then they are waiting for the right time when the price go high the they sell out all the bitcoins and get a very good profit and I think it’s a very good way to get a profit through investment I also doing the same thing.
Sell all Bitcoin in once? No, it is the decision of noob trader or newbie, I never do that while I know Bitcoin is potential. You must to know the risk when you sell all your Bitcoin in once, maybe, you can not have any opportunity to buy it again at the price you had sold.
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