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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)
Zastria
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November 01, 2017, 01:41:10 PM
 #1701

I think a lot of people hold bitcoin in the hope that bitcoin will be more expensive in the future and by the time I post this bitcoin price is $ 6,455.70 will probably go up tomorrow.
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humanvelocity
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November 01, 2017, 01:43:08 PM
 #1702

Holding the Bitcoin is the best thing to do right now as the price is rapidly increasing. Today the price has increased to 6500 usd that's amazing and I wouldn't be surprised to see it reach 7000 usd before new year. Happy new year to the people still holding the Bitcoin  Wink .
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November 01, 2017, 01:45:39 PM
 #1703

because with us a lot of bitcoin holding or having a lot of bitcoin as an investment to gain profit.
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November 03, 2017, 10:23:38 AM
 #1704

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
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November 03, 2017, 11:47:10 AM
 #1705

Why not holding? it is like a passive locked earning. Probably a safe earning and with more potential than everything else..

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November 03, 2017, 11:55:00 AM
 #1706

It is obvious that bitcoin is currently a good shelter since its value continues to increase in opposite to fiat coins. In addition, people are not encouraged to spend bitcoin because of the very high fees they have made over the past.
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November 03, 2017, 12:04:56 PM
 #1707

bitcoin's price will be more expensive in the future. thats why
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November 03, 2017, 12:09:38 PM
 #1708

They just trust the stable bitcoin price growth, whether its slow or fast. that's not the problem for real holder of bitcoin. It count as long term investment too in their mindset. that's what i thought tho  Smiley and one more, they believe in better future ahead with bitcoin  Wink

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November 03, 2017, 12:16:43 PM
 #1709

I am holding bitcoin for capital appreciation and trading it in altcoins to make more bitcoins maybe other people are using it for mediums of exchange but others are also like me believing in the potential of bitcoin to gain some wealth in the future by means of bitcoin prices going high

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November 03, 2017, 12:17:51 PM
 #1710

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

Exactly, People are holding Bitcoin because they see this alternative asset that rapidly growing and definitely can beat inflation. Investing in Crypto currency is still considered unconventional since not all economist and big investors are convinced. Regardless of big investors like Warren Buffet thinking that Bitcoin is just a bubble people are still getting in to it because no one person can stop Bitcoin. They think that in the future it will be really expensive.
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November 03, 2017, 12:20:35 PM
 #1711

They hold btc because they wait for the btc price to rise to take as much profit as possible from the difference between the buy price and the selling price. it is one of the basic strategies in the world of investments be it bitcoin or other commodities.
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November 03, 2017, 12:31:02 PM
 #1712

I think they are hoping to earn a huge amount of profit like what the early bitcoin investors did and because it becoming more popular globally they saw an opportunity for bitcoins to become expensive within the next few years. It's just like saving your money but continuously growing more than saving on a bank but also has a risk.

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November 03, 2017, 12:52:56 PM
 #1713

I think you already know the answer to that question.
But still, i'll tell you my own opinion.
The main reason why people are holding bitcoin is their aiming for much much higher value in the days to come.
Getting bitcoin is not that easy, if you are achieving it through campaigns. We invest our precious time and effort. Hard work in laymans' term.
Isn't it that obvious as to why we hold on to bitcoin?


chadtn
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November 03, 2017, 01:21:14 PM
 #1714

Now a lot of people are waiting for bitcoin's fork. I think, after that money will go from btc to altcoins and btc price will lower thah in 15-16 november.



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misterj
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November 03, 2017, 01:34:36 PM
 #1715

People hold bitcoin because it is still increasing, means that it could make their profit grow larger. Like in its early stage, investors bought it and trusted that it would increase its profit through time. Which really paid off and this is what pushes other individual to buy and hold bitcoins.

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November 03, 2017, 02:57:27 PM
 #1716

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

If wanna simple say they holding bitcoin in this critical situation because of they waiting for when the Bitcoin price up than they could take their profit through selling Bitcoin.
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November 03, 2017, 02:59:01 PM
 #1717

Most of the people are holding the bitcoin to gain a lot of bitcoin by waiting because the value rises really fast. 3 months ago bitcoin was worth only 2k and now it is 7k. That means they made a lot of profit by doing nothing.
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November 03, 2017, 03:02:13 PM
 #1718

A lot of people are holding bitcoin because they see that the price is increasing. So why not keep them and sell it when the price is really high. This is what the majority do.

They buy bitcoins and they wait for it to be really high so they can sell it and gain money from it.
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November 03, 2017, 03:05:11 PM
 #1719

The price of bitcoin has always fluctuated, and the temporary fluctuations do not represent anything. Therefore, people who have always believed in the value of bitcoin and are optimistic about the future of bitcoin. Of course, the investment is also risky, so it is necessary to understand the risks. Smiley

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November 03, 2017, 03:17:46 PM
 #1720

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
As far as i know people holding their bitcoins is because they know that the value of bitcoin is continiously to increase people want to get a huge of money so thata why they are favorite to hold their bitcoins because holding bitcoins is the smart and the best way.
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