Why people are holding Bitcoin?

[mung_nasib]

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

It could be that more and more people want to use bitcoin as well as possible In getting income therefore although sometimes the exchange rate has decreased They are still waiting and expecting a price increase in the future and no word of panic for him.

[sensey]

The main reason why people holding their bitcoin because they believe the price of bitcoin will increase and for me it is a valuable asset that can be used for the future, For a long term plan the opportunity to get the huge amount of profit is given.

Because they are good predictors, just look at how it rised since the topic has started - incredible.
No one could know that for 100% sure. But still many got the profit from this.

[googlebtc]

Predictably I will hold this bitcoin as my investment tool for the future, I see technology evolve every year, I think there will be a change in the payment system using advanced technology such as blockchain or bitcoin as a tool for future payments

[boyptc]

For profit of course, traders, investors - thats what we are in for. Some are in because they believe in the cause, some people use it for their shops and etc.

Main reason is that, no one is just going to hold for nothing. We are all aiming for better profit so we are holding for long term purposes, no one just hold because he wants to have it for the rest of his life but he wants to hold because of the speculations that are coming that one day the price of bitcoin will be extended to the great value that we didn't expected.

[Sweeet123]

People are holding bitcoins merely as the best option available for investing,you can expect a very lucrative return on investment of bitcoins, the only omportant thing to remember is to stay passive and play the wait and watch game and not rush into selling

[santali]

I think the time already gave the answer why.Those who were holding bitcoin in difficult times for it are happy how. I wish I was one of them

[jrrigs]

People hold because they believe that the price or value of bitcoin will continue to rise over the next few months / years.

[Siddela Sarat Kumar]

Bitcoins price shot up in last few months. It's a currency and it's value is still expected to increase , so people are holding to their bitcoins.

[Tinna25]

because bitcoin is the world's first digital currency crypto and because they are melodious predictions so they hold their bitcoins

[FLoving]

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.

There is one and only reason behind it that they are holding it just because of long term investment. Bit coin is growing up day by day that’s why most of the people are holding bitcoin then know it very well that bitcoin will pay them a high amount of profit. Some people are predicting that in 2018 the prices of bitcoin will be gone higher as compare to 2017. But still we can’t assume anything about it because it’s not easy as people are thinking.

[Serious475]

In my opinion, people are holding their Bitcoins because of its potential. They believe that bitcoin will increase its value in the next couple of years. If you will see the graph of the value of bitcoin, it is increasing. That is why people really believe that bitcoin has a potential. Even John Mcafee believe that bitcoin will hit 1,000,000 $ in 2020.

[tikaka]

Many people keep bitcoin right now I think it's because of the bitcoin value. They expect the value to reach the highest level. Because bitcoin has limits on quantity, so its value will be high in the near future. Many people also keep bitcoin for their child's future. Bitcoins are very useful for the future

[Pinoyfan]

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

Keeping or holding bitcoin is much better that using this for useless thing its more good to hold it because the value og bitcoin us unstoppable it can increase a lot just a month so ithink it will become more popular in the next year.

[codecares]

People holding the bitcoin I think bitcoin is fine investment for the higher because i understand bitcoin after the split issue many bitcoin holder are signal but now after the situation the bitcoin yet in sound as decentralized currencies in alt-coin cryptocurrencies, appropriately nothing cause problems to holding the bitcoin as in the disaffect along investment.

[soenaderecho10]

People holding the bitcoin I think bitcoin is fine investment for the higher because i understand bitcoin after the split issue many bitcoin holder are signal but now after the situation the bitcoin yet in sound as decentralized currencies in alt-coin cryptocurrencies, appropriately nothing cause problems to holding the bitcoin as in the disaffect along investment.

People holding a bitcoin because of the future because people thinking in the coming years bitcoin will be high pricing and investing for the good and need someday for the future.

[odakorlina]

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 Bitcoin has positive trending and the prices keep raising from time to time and we are all aiming for better profit so we are holding for long term purposes. The more bitcoin you hold the more profits you will reap.

[rcticoin]

For people living in areas where the economy is unstable, holding Bitcoin is far more profitable than holding conventional currency because Bitcoin is not affected by the currency inflation that exists in a given country

[Aditya1011]

Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...

[moli1]

The Satoshi Revolution :
Central Bank-Issued Digital Currency (CBDC) is a national currency that issues from a central bank. It is the crypto counterpart to a physical currency, such as the U.S. dollar. It is also a bitter irony. A monetary wildcat (crypto) meant to undermine the world’s financial system (central banks) is being caged and tamed to serve the status quo. At least, the status quo is trying.
More information: https://news.bitcoin.com/the-satoshi-revolution-chapter-3-do-you-want-a-government-fiat-crypto-part-4/

[LoudA__]

Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...

Well if you are not patient enough, you might regret it in the end. Patience is the most important characteristics a trader must have also knowledge and skill. And yeah I agree that holding bitcoin is the best way of making a profit but the people are depending on it very bad, very bad that they are enjoying the price pumps but they are not using that profit but just hold it and just be happy with the pumps.