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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 58439 times)
monir34
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November 13, 2017, 02:11:25 PM
 #1901

This is right questions.  Why people's  are holding Bitcoin?  Because many people's think that Bitcoin price will too high. It's the correct think . Also myself I think Bitcoin price will too high more then you expect. Many alt coin on the market but we can't compare with Bitcoin. I always said Bitcoin is the mother coin. I will suggest everyone just hold Bitcoin whatever you can.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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emmanborromeo67
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November 13, 2017, 02:22:10 PM
 #1902

for me we all know that the price of bitcoin is almost everyday increasing price so they will hold it for the future because the price will more likely double i think by next year.
Topaz72
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November 13, 2017, 05:57:34 PM
 #1903

One likely everyone start saving bitcoin is because the advantage that we can get a very large amounts, please note that for now this bitcoin experiencing growth are greatly increased. So it was certainly a person who trusts the bitcoin, as well as understand and understand what is bitcoin then great advantage is the first thing they are going to get. It's just that it takes time.
 
Actually the only reason for holding is they want to sell their bitcoin when the price go high so they all are investors and they are doing it from a long time I also buy bitcoin when the price is low and then I hold it and then I’m just waiting for the right time when I come to know that the price go high then I sell all my bitcoin and take my profit from it.
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November 13, 2017, 06:51:35 PM
 #1904

People's knowledge and interest on bitcoin/cryptocurrency will always depend on how they understand the whole concept. People who hold on to their cryptocurrencies definitely know the worth of it. It is not just Bitcoin that is available. One of the best is Ether. For Ethereum, I will always suggest for them to check the website itself which is www.propthereum.io

All answers to possible questions is there and it has a very detailed whitepaper that can explain what it is.
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November 13, 2017, 08:58:19 PM
 #1905

I don't keep Bitcoin due to the fact I invest in the Recoin. Even so, from my point of see, the holding of cash in a vital situation is needed in buy to further increase in prices will be worthwhile. I'm sure that the cost will grow, simply because following each and every tumble will come progress.
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November 13, 2017, 09:46:57 PM
 #1906

Because it's a saving for a lifetime and people are keep on saving bitcoin or trading it coz they know that it will profit in the future. let them know that bitcoin is not just an investment but a commodity and currency too..
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November 13, 2017, 09:48:46 PM
 #1907

Considering the insane raises BTC has had, people are always hoping for more maybe even a bit greedy.
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November 13, 2017, 09:51:02 PM
 #1908

Because they are aware that bitcoin is a very valuable asset in the future, so holding bitcoin will now earn a good profit in the future, there are also many people who trade bitcoin. Bitcoin is flexible can be profitable for all users.

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November 13, 2017, 10:54:15 PM
 #1909

The same reason people are holding gold. Eventually people that bought bitcoin today will be filthy rich or atleast experience an large influx of income from selling their bitcoins. It's basically a recipe for earning easy money now if you know the basics.

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November 13, 2017, 11:03:15 PM
 #1910

The same reason people are holding gold. Eventually people that bought bitcoin today will be filthy rich or atleast experience an large influx of income from selling their bitcoins. It's basically a recipe for earning easy money now if you know the basics.

Yes, this is perhaps the easiest way to make a big profit. I think that almost all forum participants do it. I have been holding my coins for 9 months and during that time I have become significantly richer

ronics
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November 14, 2017, 01:06:56 AM
 #1911

Of course, because of their diligence in bitcoin .they get victory and I have a rich life here in bitcoin were I work today .I  can handle it really and be cared for to improve my work here  in bitcoin and I will not be released until in the end .I still work hard with him .this people are working here coz bitcoin give a big price to all people work with here. I'm sure they hold their bitcoin worth every job as I am ,nourished my work here in bitcoin because there are many people holding their work on bitcoin coz of this they get the victory and the future of every job here in bitcoin...
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November 14, 2017, 03:49:55 PM
 #1912

They're hoping/expecting huge long term profits.
Lang09
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November 14, 2017, 04:05:42 PM
 #1913

because many expect the price of bitcoin to rise again. Similarly, the bitcoin value is higher than its former value. so if I'm with bitcoin holders today, do not first withdraw what they have accumulated since the price of Btc is rising.
jyotianand01
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November 14, 2017, 04:34:57 PM
 #1914

People holding Bitcoin because they know the value of it and it gives them much better returns already which no other investment options can provide. Its supply dropping and demand skyrocketing, this gives opportunity for more price rise from here also.


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November 15, 2017, 05:04:21 PM
 #1915

There's a reason behind the holding process. First if you look at the chart you'll find the price that is increasing and decreasing. When the price fall down most of bitcoin user hold it because they don't want to lose money and they start buying it more as they can. When the price increase they sell it to gain some profit. Second reason is holding bitcoin of future purpose. They hold bitcoin for there future , Kids, Future planning  etc
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November 15, 2017, 05:10:34 PM
 #1916

The bitcoin network is an easier payment network, faster to use than other payment methods. You do not need to register any information and have access to a world wide market where you can earn and spend. Some good reasons why you use bitcoin. 1. It is fast. Transactions are instantaneous and confirmation times are usually done withing 10 minutes. 2. It is cheap to transfer any amount of money anywhere. Fees are insignificant at this point. 3. Your bitcoin are your alone, they can't be blocked by bank, IRS or any institutions. 4. There are no charge backs.
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November 15, 2017, 05:13:47 PM
 #1917

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
i know that bitcoin is the most important currency all over the world so thats why people holding bitcoin.

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November 15, 2017, 05:19:00 PM
 #1918

this is just a game only, I am sure in the future bitcoin prices will be much higher than now.  Wink
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November 15, 2017, 05:22:37 PM
 #1919

Why not. Someone keep money under the pillow, some bury them in the ground, keep them in the bank cells. Some buy bitcoin. Everyone knows that bitcoin will grow in the future. Therefore, even in a crisis, not many are parted with this currency.
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November 15, 2017, 07:35:43 PM
 #1920

Bitcoin seems to me a good investment for future plannings and bitcoin is the high return investment as of now for me and till now it proves a right decision. Year 2017 is the best year for bitcoin holders. Whomsoever hold the btc till date definitely made some good profit so far. I am holding btc because it is better than gold in terms of ROI as of now for me.

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