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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)
shadyrifles
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November 15, 2017, 07:50:48 PM
 #1921

Individuals are holding Bitcoin in light of the fact that they trust its cost will rise exceedingly soon, and along these lines, they make a decent benefit. Obviously, there is some hazard, in light of the fact that the cost increment isn't ensured, however in the event that you intend to hold for a long haul period it will be productive in my opinion.We realize that the bitcoin cost isn't steady, some of the time the value high and now and again it is low. Also, that is the motivation behind why individuals holding their bitcoin, planning to raise the cost of its higher incentive before they trade or change it to physical cash.
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cherryganda
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November 15, 2017, 07:54:53 PM
 #1922

they believe bitcoin is amazing and it will rise more and will pump to the moon olding bitcoin is like having a dollar and someday you will wake with a thousand of it !
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November 15, 2017, 07:59:03 PM
 #1923

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.


And bitcoin is still in it's early stages, hasn't reached the masses yet. It will only grow more for now.
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November 15, 2017, 08:10:29 PM
 #1924

People who are into bitcoins since long time are very well aware about its potential and they have seen the growth of bitcoins over a period of time and same thing they are expecting in coming years too and the only reason to hold bitcoins is to make huge profits from it by selling their coins price will reach to the moon.

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jak3
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November 15, 2017, 08:11:21 PM
 #1925

Holding any asset or currency will increase its reality in the environment. In our case people are holding a virtual currency which will eventually increase the reality of this currency. We already know that there are only 21 million Bitcoins available in the market and after this the volume becomes even lower and so does the price goes up. But this trick doesn't work every time it involves a lot of waiting time so you can considered it as a long term investment.
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November 15, 2017, 08:16:34 PM
 #1926

It is the time to buy bitcoin because the price is not stable. Last two days the price goes low and now the price becomes increasing. So many people holding their bitcoins for future. Once the price reaches high they sell their bitcoins and earn good profit.
syahril
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November 15, 2017, 08:16:50 PM
 #1927

they believe bitcoin is amazing and it will rise more and will pump to the moon olding bitcoin is like having a dollar and someday you will wake with a thousand of it !

Many of the people believe the Bitcoin.Even me,I had inverse in Bitcoin from long.Even I had earned in Bitcoin a lot .Since the price is varying, you can wait and hold for long time interval.If the price reach maximum means,sell the holding and get huge profits.

bitcoindusts
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November 15, 2017, 08:21:14 PM
 #1928

they believe bitcoin is amazing and it will rise more and will pump to the moon olding bitcoin is like having a dollar and someday you will wake with a thousand of it !

Many of the people believe the Bitcoin.Even me,I had inverse in Bitcoin from long.Even I had earned in Bitcoin a lot .Since the price is varying, you can wait and hold for long time interval.If the price reach maximum means,sell the holding and get huge profits.

Profit is the main reason why people are holding Bitcoins.  Many believe that Bitcoin is a great store of value because of it price increase performance.  I do not see any other reason why people are holding Bitcoins instead of what I have stated.  Aside from that, lots of articles had been stating that Bitcoin will rich more than $20k in the near future which I think is very possible.
Emerge
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November 15, 2017, 08:25:21 PM
 #1929

People are holding bitcoin because they expect huge profits from it, this is my opinion.
Ronaldcoin2017
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November 15, 2017, 09:18:20 PM
 #1930

People are holding bitcoin because they expect huge profits from it, this is my opinion.
Well i believe that people holing bitcoin for good or maybe it was just an stratevic way of gaining profit.because through holding bitcoin we can measure our patience because if we dont have patience maybe we can quit this time arround and find another place  to make profit because holding without patience cannot really take a long time maybe person without patience can be drag into panic mode.
DrYe5
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November 15, 2017, 09:30:15 PM
 #1931

Holding any asset or currency will increase its reality in the environment. In our case people are holding a virtual currency which will eventually increase the reality of this currency. We already know that there are only 21 million Bitcoins available in the market and after this the volume becomes even lower and so does the price goes up. But this trick doesn't work every time it involves a lot of waiting time so you can considered it as a long term investment.

People keep Bitcoins because it's the most rewarding thing. There is no wasting of time and energy on tedious digging or risky handling when money actually spawns in your wallet. Will only be patient.
shiunsai
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November 15, 2017, 09:33:09 PM
 #1932

Holding any asset or currency will increase its reality in the environment. In our case people are holding a virtual currency which will eventually increase the reality of this currency. We already know that there are only 21 million Bitcoins available in the market and after this the volume becomes even lower and so does the price goes up. But this trick doesn't work every time it involves a lot of waiting time so you can considered it as a long term investment.

People keep Bitcoins because it's the most rewarding thing. There is no wasting of time and energy on tedious digging or risky handling when money actually spawns in your wallet. Will only be patient.

Yeah patience is the virtue and if you have it then bitcoins will always give you the best results and people are well aware that if they can manage to hold their coins longer then they will be making best profits from it as bitcoins has a great ability to rise much higher in future so its good to hold your bitcoins for a long term.
Mabyouka
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November 15, 2017, 09:49:26 PM
 #1933

People hold bitcoin because they got faith in it !
because unlike other new shiny cryptos , it maintained it's solid status against all protesters , splits and new coins .
People loved it and consider it as the root of all altcoins , and that's why they hold on to it ! they already generated lots of profits from it and they are thriving for more .
Unsmart boy
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November 15, 2017, 09:56:03 PM
 #1934

There is no reason, it is just faith over the bitcoin tech that makes us sure bitcoin will rise again the price.they are holding means to make a big profit in future.
Shutup
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November 15, 2017, 10:43:59 PM
 #1935

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

I think people holding bitcoin because everyone is Hoping for price increase.Bitcoin can easily make people rich when the value of bitcoin is expensive.Having savings of bitcoin is nice,Because theres a future waiting we cannot predict but as we can see the in the past bitcoiner becoming millionaire because they store their bitcoin and some invest their bitcoin.I just know that there is a assurance to be rich in bitcoin just simply monitor bitcoin price.
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November 15, 2017, 10:51:01 PM
 #1936

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

I think people holding bitcoin because everyone is Hoping for price increase.Bitcoin can easily make people rich when the value of bitcoin is expensive.Having savings of bitcoin is nice,Because theres a future waiting we cannot predict but as we can see the in the past bitcoiner becoming millionaire because they store their bitcoin and some invest their bitcoin.I just know that there is a assurance to be rich in bitcoin just simply monitor bitcoin price.

I can only conccur. One bitcoin Bitcoin being valued at 7000$ is just a fraction of what it will be worth in the future. It will for sure triple its price in the three and a half coming years.
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November 15, 2017, 11:19:12 PM
 #1937

People are holding bitcoin because of the great possibility that the price will be increasing continually. By that, investor can get a higher profit.

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November 15, 2017, 11:29:06 PM
 #1938

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
simple answer. people just waiting for high price and sell bitcoin in high price to take more profit of this situation

and almost user of bitcoin use this way
Yes you are right because people want to get much profit from it. And they want to be rich from bitcoin.
Like me. I holding bitcoin for a long time because i want to be rich people from bitcoin  Grin Grin Grin
The other reason why people holding bitcoin because they know bitcoin has a good potential. And bitcoin is the best investment in the world. I think.

Of course they are holding it because they will get profit. No one will leave their coins without knowing that they get a profit. Everybody leaves it in their wallet hoping that the price is increases.

I as well hold my coins because i think some of of these coins have potential.
I agree with you i went into trading and i realized that i  need to trust these coins in which i am going to invest in so i only invest in the coins i though have a good potential profit to give to me and same goes for bitcoin.
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November 15, 2017, 11:31:09 PM
 #1939

People keep holding because the price never stops rising. Simple enough really.
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November 15, 2017, 11:55:24 PM
 #1940

many people hold bitcoin at the moment, maybe because there is news that bitcoin on the 16th of november  it will have a second hardfork, but i also heard the news that bitcoin hardfork for the 16th of november is not so and i also do not know what is true that news or just hoax news?
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