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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)
Attaman
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November 03, 2017, 03:25:31 PM
 #1721

It is worth a lot and it keeps increasing this is why they are keeping it. I am too keeping it now i see that bitcoin is still rising. So i don't sell it now.

I plan to sell it when bitcoin hits at least 10k to have good profit.
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November 03, 2017, 10:25:46 PM
 #1722

It is hard and takes a time to gather Bitcoin or if going direct invest in Bitcoin definitely investor expect handsome profit.It can be possible that investor can earn when hold it for the maturity and perfect time,if investment in long-term it can be fruitful,it will give more benefit as compare to early.

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November 03, 2017, 10:51:42 PM
 #1723

Seeing the bright future of bitcoin with great prediction about the price and if you look back at the price of bitcoin 2 years ago you will know it is a good risk keeping your bitcoin if you do not have urgent need for money.
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November 03, 2017, 10:54:09 PM
 #1724

Investment for future always gives us an opportunity success.
Of course, behind that success also have some risk makes us loss our money when investing to it. But, if you say do not have the risk in investment, you are a dreamer and this dream never become the truth.
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November 03, 2017, 11:20:47 PM
 #1725

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time.
The person will force it to hold the bitcoin because the person believes someday bitcoin can be sold in a more expensive price, therefore the person still insists on keeping the bitcoin not to sell it even in a crisis situation.
A thought that genius will not be arbitrary to sell something valuable even in a krisipun situation.
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November 04, 2017, 05:22:52 AM
 #1726

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.
Indeed you are right, they are waiting for the worth to rise even more and they will either sell or invest so that to get maximum profit. The more they wisely take decisions the more they will get profit and secure their future. They are not too eager about selling bitcoin because they know that rise and fall come in every currency and it is not something to worry about because it is sure that its worth will rise.
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November 04, 2017, 06:14:23 AM
 #1727

Because bitcoin has great potential in future. but Bitcoin price sometime up and down i think it is just market system. Bitcoin price increasing day by day that's why people are holding bitcoin.

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November 04, 2017, 06:19:07 AM
 #1728

people are holding bitcoin to make a big profit for a long time period as u know its price was 500$ in jan 2017 and now it is 7000$ and everybody hoping that this is going to 10000$ at end of this year. I am not selling my btc as I want to become rich with this as it is going to 500,000$ next 4 to 5 years as by calculations made by macaffeee

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November 04, 2017, 07:58:17 AM
 #1729

For me I feel men and women are keeping Bitcoin simply because they hold it for a reason. Considering that BTC worth is not secure, we is not going to know when it will be substantial or when it will be reduced. A lot of folks are just waiting around for appropriate time to transform it since, what if they exchange it at the proper time. And some men and women may possibly feel that they would commit it on some things if they would not yet use it.
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November 04, 2017, 08:18:43 AM
 #1730

people hold the bitcoins because bitcoin's price will be more expensive in the future.It is like gold.

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November 04, 2017, 08:29:29 AM
 #1731

in my opinion bitcoin prices go up one of the reasons therefore, their bitcoin manitents for sale, as the law of economics is getting more and more in demand the price goes up as well as the bitcoin that is always in need right now.
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November 04, 2017, 08:31:43 AM
 #1732

Why people are holding Gold?
because sometimes some people just want to earn it more that to use it for buying things they want to earn lot of gold that whenever they need it they can use it

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November 04, 2017, 08:31:52 AM
 #1733

Now a days Bitcoin, the most expensive currency also very much volatile against other currency.  People's are holding bitcoin for investment and it is also matter of pride to hold most expensive currency.

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November 04, 2017, 09:14:47 AM
 #1734

Yes bitcoin future is very good.Bitcoin price is increasing very quickly.So anyone can earn money form bitcoin holding.Very fast bitcoin price will reach at 10000.

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November 05, 2017, 07:08:52 AM
 #1735

People are holding bitcoin for future proper and profitable usage.They have seen on how the value of it is greatly rising.When it hits peak,then it would be the best time for them to trade,invest or even convert in whatever local currency they have.

Rudy_Third27
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November 05, 2017, 08:30:58 AM
 #1736

I think in bitcoin if the supply is less than demand it will automatically go up higher,so if the bitcoin price gets higher then many people will use this bitcoin to get a lot money
So just enjoy what makes you want to play in bitcoin and get as much profit as possible.
pratik009
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November 05, 2017, 08:44:25 AM
 #1737

You are right that the bitcoin price increase and decrease every day.but if you see the history of the bitcoin: the averagely price of bitcoin increasing everyday.beforr nine years ago its price only around ₹1000 INR but nowdays it's price crossed up to ₹500000 INR.And in future also the btc price will increase.so the people hold bitcoins.so you can also hold the btc and make good profite Wink
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November 05, 2017, 09:02:55 AM
 #1738

Because they might see a positive outcome if they keep holding bitcoin. In the scenario even though bitcoin price sometimes fall but the increase was bigger than it fall.

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Pedro18
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November 05, 2017, 09:06:32 AM
 #1739

Easy question. Because they are believing in bitcoin have future. They invest in bitcoin for long term because they know it has capability to boom soon in the future. We will just to wait and have patient.
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November 05, 2017, 09:21:13 AM
 #1740

Its very simple. People hold bitcoin for just one reason. We believe the price will go up to to 10k dollars and beyond, so we are patiently waiting so as to make more profit when this happens. You should hold yours too..
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