Why people are holding Bitcoin?

[poletando]

some people hold bitcoin because they are want to earn some difference between buy price and sell price, its name is trading buy when its low and sell it when the price is up, some day we need to hold bitcoin because the price right now is not same with our speculation so we will keep it until the price is reached s

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[yoseph]

some people hold bitcoin because they are want to earn some difference between buy price and sell price, its name is trading buy when its low and sell it when the price is up, some day we need to hold bitcoin because the price right now is not same with our speculation so we will keep it until the price is reached s

They are very much hopeful that in the event when the price of bitcoins rises they will be able to make more money than they previously bought it for and that's why everyone is currently holding their bitcoins.

[nelsledma]

They are holding it, because they know that bitcoin will rise in the future so they will maximize their profit by doing this. It is actually a smart thing to do if you don't need the money that you have stored in your wallet. Simply let it there. Don't spend it, because in the future it will surely rise.

An agreeable point , people do not want to waste their bitcoin . They are waiting for the opportune moment when bitcoin will be at peak . Till they want to keep it safe and when its worth will rise they will invest it and will enjoy the miracles of bitcoin by securing their future.

[mhayandal]

people keep holding a bitcoin in a long term because it rise definitely and obviously has a bigger amount and the price is more expensive in the future.

[fenugeki]

I think this is because people think that bitcoin price will always goes up as there is only a limited amount of it out for use so they are basically gambling for a higher exchange rate in near future and hoping people will not suddenly exchange all the bitcoin they are holding that will then lower the value of bitcoin.

[nano77]

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

they hold the bitcoin certainly there is a reason maybe at that time the price is down and better resist to avoid losses or they hold back because want to get more profit again

[Bitcoin1216]

Bitcoin handlers hoping to make a profit, I also hope so because I'm sure someday the bitcoin price will be so expensive that I can get rich.

[nz_sana]

In my opinion, those investors are the ones who do this because for money. Again, many investors bitcoin diligently researched that what is the bilateral economic status? In the next 5-10 years, where is the location of this bitcoin? so the only lock on the basis of all the money. 

[kirilld]

folks know what it will increase to tens hundreds bucks in up coming handful of months so why they ought to to sell it?)

[Khristian]

why people hold bitcoins the main reason is the price of each is so expencive people trying hold it and wait the price high and sell it ... for me bitcoin is very helpful to me because you can grow your income well with your income  from work i think many people used bitcoin have a strategy.i heard some of my friends getting rich or earns enough

[Kamote_1102]

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

The answer to your question is simple. They are waiting for the right moment.Since the value of Bitcoin is unstable,the chances are, it may go down or it may go up.they want to make sure that they'll get what they work for.so they just have to wait until that perfect timing comes. I remember what my friend said, Timing is Everything.and so they are waiting to get the most out of bitcoin.they don't just hold the bitcoin without any reason, they're just patiently waiting.

[messi1306]

If you bought a house worth 10,000$ , after one year the house was worth $ 90,000. This 's reason why people keep bitcoin .

[romecheo]

Now you understand why most of the Bitcoin holder are still keeping their coin even in some critical situation, for the reason that, Bitcoin will rise exponentially, imagine, in the month July of this year, Bitcoin has't reach 3000$ and experienced some dipped on price.

But today, Bitcoin value as of this writing was 6545$. 142% profit in 4 months if you invest last July.

[Amilhussin24]

People holding bitcoin is because bitcoin, as the virtual currency, is really extremely volatile and unpredictable. Bitcoin currency value can rise or fall in a matter of seconds. So, people holding bitcoin as an investment strategy.

[TheDarkVoice]

I think they just like the idea of owning something new.  That's actually why I keep them, because it is interesting

[Budugbass]

For those who holding bitcoins, I'm sure of course they have a plan of holding within a specified time period that has been determined until bitcoin price moves higher. Bitcoin price are increasingly visible tend lead to the altitude, of course this will be invited many investors to invest in bitcoin and holding it within a specified period till can gain high profit when to selling it.

[LyQaN]

This is because bitcoin has great potential in future,yes the price decrease and increase ,but it is general thing to see in market.what are you seeing is current scenario and making conclusions on it.bitcoin is now treated as an asset from which people expect that price will go very far and will help them in long run.

[mikchail]

Just like gold. With Bitcoin's limited inventory, the much more folks who want Bitcoin, the increased the Bitcoin. Traditional forex due to the fact there is a restrict, and peratas will be a minor little bit its value. For individuals dwelling in unstable locations, holding Bitcoin is much less expensive than the much less pricey because Bitcoin is not hit by the currencies in the spot.

[aimata27]

Well the only good reason on why they are holding their beloved bitcoins in these critical situation as you say, is that they’re only waiting for the bitcoin’s value to rise so that they can sell it on higher prices.

[weredo911]

Trading need more technical analysis skill, joining bounty need effort. Therefore, holding is the best way to earn money from Bitcoin