Why people are holding Bitcoin?

[uniquefighter]

because its growing everyday . so big profits

Because some people believe that bitcoin price will increase. That's why they prefer to hold it rather than sell their btc. Including me, too, actually.
And maybe they use bitcoin as a long term investment. That's why they hold it instead of selling or trading it. Just keep your bitcoin, and the value will be high in some time. No need to do anything and gain profits.

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[rancidgash]

Actually there is three main reasons for holding Bitcoin:
1. At the beginning of project Bitcoin hold only believers, and they still hold.
2. Three - four years ago to believers joined people that understand that Bitcoin can be perfect (international, fast and cheap) payment method, and they also still hold, or just use Bitcoin as payment method.
3. Investors, that see in Bitcoin profit potential.

[Smpdytz]

Beacause bitcoin is the safe cryptocurrency to hold and its very is to convert into doller or someting else.and also bitcoin is still growing and when we need we can convert easy to altcoin .

[watchbay30]

Beacause bitcoin is the safe cryptocurrency to hold and its very is to convert into doller or someting else.and also bitcoin is still growing and when we need we can convert easy to altcoin .

Bitcoin has shown it ALWAYS goes up in the long term so why are people reluctant to sell after price drops and volatility? Because obviously they know its just a matter of being a HODLer and eventually they will be in profit. Its the safest and easiest strategy and works for everyone.

[jacob7]

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

Obviously they are holding it to get more value for it, ad there is good reason to do this as well, the Chicago exchange has started trading in bitcoin and soon there are many ore to do this soon, so bit coin will get more better value and stability in coming days

[NoNetwork]

That's the most obvious yet under rated thing to do. Many people don't realize that there would be two main effect if they're going to hold Bitcoin.

Why obvious? Because in order for you to make a lot of profits, though not necessarily recommended but advisable, you're gonna hold your coin anyways. As it will benefit you for the future. But the drawback with this is that, as many people will do he same strategy a massive amount of Bitcoin will circulate in the market, as a result the price of Bitcoin will gradually go down.

On the other hand, If you're not going to hold a lump number of it, then you're probably losing more than you're gaining.

[salink]

Of course for long term investment. And I am sure with the current pricing, many people are interested in bitcoin to make bitcoin a long term investment. They believe the bitcoin price will continue to skyrocket so choosing the bitcoin is the best option

[lifengpu]

I think that the reason for which people keep their bitcoins is simple, they want to get more profit and they also expect that it will rise even more in price

[webdevmastery]

Bitcoin is good for long term investment and wit that reason we should hold our coin because the value of btc is massively increasing each day and there are positive speculations where bitcoins will bloom in 2018 because of its success in the market this year.

[ace4549]

I think the reason behind why many people still holding their bitcoin in the public market because they want gain more huge amount of return on investment.
Since in our current year the company and management of bitcoins performs very good.

[3philong]

There are a lot of reason to hold bitcoin nowadays But mostly because of people's expectations for future bitcoins

[Quarantine34]

Because bitcoins price will be more expensive in the next day and day. Bitcoin is also good in long term investment, we can see the result now, how bitcoin rises. That's why more people holding bitcoin.

[pungopete468]

People have seen how higher price has gone in this year in compare to the last year and that is only because the demand of bitcoins has increased rapidly and it will continue to increase in future too which will take price of bitcoins to next level so holding is the best choice at a moment to get very high profits in future.

[dragoz11]

Bitcoin is being so popular as more and more people invest in it. And the big companies like amazon and e bay want to adopt it by making a payment system with btc, if this kind of things happen than it is worth to hold.

[arlington]

So many companies and governments are considering to accept bitcoin as payment system and if they do it the price of btc will go much more higher and people would benefit too much.

[iamKiko218]

People compel to hold their bitcoins because they believe that its price will be much more higher in the future. It may decrease now but it will rise again, and sometimes the price is higher than the last. If they still hold their bitcoin for a longer time, they will have more profit. Though it's pretty long, it's all worth it in the end. Bitcoin had proven its potential and strength to the crowd that's why they trust it.

[HayaH]

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

Zooming out shows me that it keeps rising in the long term. In addition I believe in the concepts behind the currency as well as the technology that powers it on the backend. While I'm new I found that I'm more determined about my convictions the more I educate myself. The technology and concepts that are used in bitcoin and the crypto market in general are awesome and it's a definite game changer.

[dameh2100]

The best question should ask is why I shouldn't hold bitcoin, if you are a professional investor you know what will be the answer, I think people still holding their bitcoin in believing that it's price will increase, why shouldn't hold it? SThen definitely, you want to have big profit. Even if bitcoin prices will go down, it always goes to uptrend in the future, that's why you should to choose to hold your bitcoins.

[Bianxee]

The best question should ask is why I shouldn't hold bitcoin, if you are a professional investor you know what will be the answer, I think people still holding their bitcoin in believing that it's price will increase, why shouldn't hold it? SThen definitely, you want to have big profit. Even if bitcoin prices will go down, it always goes to uptrend in the future, that's why you should to choose to hold your bitcoins.

This is true! Every investor should know his or her purpose of joining in any investments. As of the question why WE are holding Bitcoin? Simple. It is because we believe that we will make profit from this because this cryptocurrency is a profitable trend with potential to last for long time.

[yvonnegalvan]

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

People are holding bitcoin because if they just hold their bitcoin there is possibility that the price of the bitcoin will increase and increase, then when the price will increase they will invest it for there things that they want to buy, or for their love one's. If I have a bitcoin I will hold it too , I will wait that the price of the will increase even if it takes a years, just to earn more profit for my family.