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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)
adjong
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December 21, 2017, 05:37:56 AM
 #2401

because when you have a bitcoin it's possible that you will be a citizen .. then the bitcoin pricing is now growing many people are now pursuing bitcoin because bitcoin is now a bit of value..for when you hold that bitcoin's price is low .. so you are lucky because bitcoin pricing is still growing today
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December 21, 2017, 05:47:46 AM
 #2402

Mostly people are holding bitcoin because price of bitcoin is increasing with time mostly while it also falling sometime. so when price of bitcoin is increased from the rate at which you have bought BTC then you can earn more BTC by selling your BTC. And this is the method of success trader also.
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December 21, 2017, 05:48:38 AM
 #2403

they have a good reason. until now they want to hold bitcoin. because they believe a few years that bitcoin will be more dominating the market. even they hope that the magic will be done as soon as possible.

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rdmo30
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December 21, 2017, 05:56:21 AM
 #2404

basically people thought that holding bitcoin is more advantageous for them because as we all know its value is still rising and the more bitcoin you have your profit also multiply that's the result of unstable price of bitcoin. but there's a downside to it if the value of bitcoin decreases your profit also decreases. For me it's better to cash it out because we never know what really happen to bitcoin in the future.
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December 21, 2017, 06:01:06 AM
 #2405

I think people holding bitcoin because bitcoin's value will be more expensive in the near future. They hold it patiently so that when the value gets higher they can sell it and earn more money.
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December 21, 2017, 06:07:25 AM
 #2406

people from different places uses bitcoin for different uses. and i personally want to hold bitcoin to become the good reserve of bitcoin. bitcoin is good for making profit in the future. if i hold my bitcoin for now then the future money will more than the actual amount of this and i will further invest this amount in the bitcoin and other altcoin  now i want to buy some of the altcoin for investment.

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December 21, 2017, 06:08:07 AM
 #2407

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


According to the critical situation of bitcoin it is being normal circumstances because that is the real trend of bitcoin right now but then again saving is the best strategic investment at this point in time because when we see the block chain market  looking back 2009 the price of bitcoin is very low but now 2017 let say the price will getting so lower and lower down but the price is nothing compare with the year 2009 so that's the best strategic and we need to be wise when it comes to get big income.
haster100
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December 21, 2017, 02:08:33 PM
 #2408

There are many reasons to keep bitkoyn these days. This is due to the fact that bitkoyn unpredictable most of the time bitkoyn, increasing its value. Some hold bitkoyn for personal purposes or, perhaps, for future purposes.
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December 21, 2017, 02:18:34 PM
 #2409

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Because they want to gain more value for their Bitcoins. The uptrend is consistent. Yes there are falls, but the recovery will be quick and will usually land on a higher price. So the longer you hold the greater the possibility to earn more.

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December 21, 2017, 02:34:16 PM
 #2410

Because they believe that Bitcoin will still be the most expensive token/coin in cryptocurrency. Also people hold their Bitcoin because they believe that Bitcoin will rise again after its fall down.

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December 21, 2017, 02:40:46 PM
 #2411

Because they believe that Bitcoin will still be the most expensive token/coin in cryptocurrency. Also people hold their Bitcoin because they believe that Bitcoin will rise again after its fall down.

And I am one of those who believe that bitcoin will still goes up even it fell quite hard.  I have been doing this for the past two years and the best thing to do is to keep them.  I have regretted this thing once, when I sold my bitcoin.  After just a couple of hours it goes up again and I cannot get it back.
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December 21, 2017, 03:01:07 PM
 #2412

i think bitcoin price is higher, maybe short term price is reduce,but  long term will not reduce. because bitcoin is not subject to inflation. then peoples holding bitcoins.
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December 21, 2017, 03:05:46 PM
 #2413

The results of the elections in Catalonia in Spain, could shake the euro currency. And a good result of the indepemdents could move the EuR/USD.
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December 21, 2017, 03:16:27 PM
 #2414

Why people are holding Gold?
Because nowadays their are many reasons why peoples who involves in bitcoin keeping their btc, but the two reason that im sure why peoples keeping their btc is its either they are waiting for the increase of the btc value or they save their btc as their banked money.
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December 21, 2017, 03:20:09 PM
 #2415

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think they hold it because they wait to increase high the bitcoin then they sell it get the profit and also to get back the investment.
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December 21, 2017, 03:20:56 PM
 #2416

If you have your bicoin in your wallet you must not have fear when banques colapse in a financial crisis.
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December 21, 2017, 03:23:41 PM
 #2417

Because it worth holding, Bitcoin is reaching to new heights day by day
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December 21, 2017, 03:25:41 PM
 #2418

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

usually people will hold bitcoin when prices go up or down, when prices go up they hold bitcoin because they want to get more profit and if the price goes down they also hold because they do not want to lose and wait price back up
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December 21, 2017, 03:29:22 PM
 #2419

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
To get big profit.
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December 21, 2017, 03:44:32 PM
 #2420

What keeps them from selling is their belief that its gonna bounce back and continue to go up. This is commonly done in stock investments and sometimes does lead to major losses so one should be careful in analyzing and measuring risks like this.
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