Why people are holding Bitcoin?

[chuckblocker]

Because they're never getting confirmation if they transfer it.

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[acmagbanua21]

 because in order to understand the decision of most individuals in holding bitcoins on their respective wallets, you must first know bitcoin's nature in the market.

[skyflakes88]

for me im holding bitcoin because I put my trust into it that it would give me profits in the future when its price is so high my investment will surely payoff because i believe in bitcoins capital appreciation over time and its ability to make such payment easy and safe than banks

[mhayandal]

people keep holding bitcoin maybe because they want to increase there expected amount a higher price and to gain much better profit from it.

[Raisa263616]

Pepole hold bitcoin,Because they want a amount of price they have.
they think it's price maybe like gold.So they wait for the price i think.thank you.

[kwaraboy]

People are holding it because they do much believe it will be more expensive

[netflixnchill]

People tend to hold bitcoin because they are assuming and we all know that bitcoin will become more expensive or will have a higher price in the future. And with that, they will be able to get more money tham before.

[neowebwallet]

Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax. Also, unlike fiat money produced by central banks, there is a cap set on total Bitcoins, limiting how much the currency can devalue through inflation.

[Aceanyth]

people hold bitcoin because it believes the price will continue to increase more than the current price

That is true. That is why a lot of people are now holding and keep buying bitcoin despite of its price because of the belief that the price of bitcoin will go even higher in the future and for me, that is really true that the price will go up even more in the future. If i were you, i will just accumulate and hold bitcoin for long term so i can sell it for at least 20,000 USD market's price.

People are not dumb they can see that if you invest in bitcoin that you can get a lot of money from it back. So thats why are more users beginning to use bitcoin every day.

I had invested when bitcoin was 3k but now I am losing money because its falling now.

[endlasuresh]

People are holding it because they do much believe it will be more expensive

I agree on this part and a lot of people joining everyday, so this is the main reason for holding Bitcoins and they too want to make profit from them.

[richmcrich]

well, i started to see bitcoin as a store of value. no sense imho to keep $ in bank..

Well I will tell you about myself why I’m holding bitcoin because I’m investor here and I’m going to hold bitcoin for investment purpose because I always buy bitcoin when the price is low and then I start waiting for the right time when the price go high then I sell my all bitcoins and take a profit from it and same other people are doing it.

[hookcoin]

People keep bitcoin because they see the huge potential of it. With less and less volume, the value of bitcoin will increase dramatically. Investors from traditional markets are targeting bitcoins.

[BitcoinMarketer39]

People are holding bitcoins because it was good for long term investment. The value is keep on increasing as the time goes by and all you need to do is wait till the value increase. You can still work at the corporate world  and earn your daily salary while waiting.

[kemonojim]

for me im holding bitcoin because I put my trust into it that it would give me profits in the future when its price is so high my investment will surely payoff because i believe in bitcoins capital appreciation over time and its ability to make such payment easy and safe than banks

the main thing is trust is indeed the most widely expressed by bitcoin enthusiasts, because they already know and understand the bitcoin will surely find many ways to get a great advantage in the bitcoin. their confidence because of the benefit, but one of the things that we do have to understand is our sense of self. If you use the bitcoin without knowing and understanding the bitcoin then isn't the advantage you can get, but a loss. Because surely you will feel hard.

[phutakami]

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

Very rarely when bitcoin dump and that is the best reason for us to buy it and hold. I'm sure it will increase back in the future.

[Raakkoni]

I think this thread has answered itself over time. At the time of the original question bitcoin was trading around $2200-$2400. At the moment according to coinmarketcap the price is $6743.

That's why we are holding bitcoin.

[jahziellazaro]

Because in the future Bitcoin prices can rise very high and this will have a great impact on investors. I think the Bitcoin price could reach $ 100,000

[emanbea1234]

 because even how expensive the price now people got to hold it with stronger decisions to take for longer months to go or even years, just to wait for an exact price so they can even sell for profit.

[kevinZD]

People still holds their bitcoin even if they need money for their needs its because in the future, Bitcoin prices can rise very high.

[khokon150]

People hold Bitcoin there are many reasons firstly when price is very dump.Actually everyone try to make some profit from Bitcoin.Some people buy BTC for long term investment because it's a future asset & long live coin.BTC investment is always good i think.