Why people are holding Bitcoin?

[iqlimasyadiqa]

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

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[qwertyup23]

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

The price of bitcoin is very volatile and if you are going to check the charts, last January 2017 the price of bitcoins were only ~$1000 compared today, which is around ~$1400. The price also might drop due to the fork happening this August 1 and this may result to a decrease in its price. I suggest that people should invest when the price decreases because it is always guaranteed that it will skyrocket again once people choose btc to bcc.

[LeeMinHoa]

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

bitcoin is a tangible currency maybe some bitcoin holder/owner keep it. the only reason is waiting for the best increase price of it and to secure their money
in a wallet people buy some bitcoin when the price is decrease and waiting to increase their price bitcoin is not maintaining the price there have days pump in a big value and dump also.

[samputin]

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

That is right. We are holding bitcoin and hoping for the possibility that bitcoin price will rise in the future. We make an investment and trying to wait long time to gain higher profit even we do not know what will happen in August 1.

[geegaw]

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

The price of bitcoin is very volatile and if you are going to check the charts, last January 2017 the price of bitcoins were only ~$1000 compared today, which is around ~$1400. The price also might drop due to the fork happening this August 1 and this may result to a decrease in its price. I suggest that people should invest when the price decreases because it is always guaranteed that it will skyrocket again once people choose btc to bcc.

In the present time, I think the fork will not happen because I believe this is a trap to reduce the price of bitcoin, many traders and investors will accumulate many Bitcoin with cheap price. After August 1, the price of bitcoin will increase again and this is the time for traders and investors to sell bitcoin at high prices. Many people because of the rumors, they panic and sell their bitcoin, this is really a stupid thing, they will soon regret their decision today

[swogerino]

You never know what happens in the future. Even in different advertising networks, social media, traffic exchanges, and get paid to websites bitcoin is being advertised like something which is creating new millionaires everyday out of ordinary people that is why many people opt to hold their bitcoin.

[CarnagexD]

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

I agree on that why people hold their bitcoin because there is a possibility that the price of bitcoin will increase day by day in the near future. In addition to that, holding is the best thing that you could do if you really want to get a high income in the future. Lastly, I think many people know that the price bitcoin will goes up so that they decide to hold it.

I guess you cannot blame people who wants to hold their bitcoin because it will benefit them. Bitcoin's price is unpredictable sometimes it rises up, and sometimes is drops low. But even though it's price isn't consistent atleast there will be a possibility that the bitcoin's price will rise everyday and you will never know that the price of what you hold when converted is high and much more than what you have hold. The high you hold, the high you will earn profit.

[sobsitesearch]

You never know what happens in the future. Even in different advertising networks, social media, traffic exchanges, and get paid to websites bitcoin is being advertised like something which is creating new millionaires everyday out of ordinary people that is why many people opt to hold their bitcoin.

Correct because someday if bitcoin value would increase value more they or we will be rich for our investment. Also it depends on the users we have an options to hold or not if you believed in bitcoin i think you will hold your bitcoin for long term but if you is a negative thinker i think you will not be bemefited of bitcoin.

[jofox]

It's me because they keep the bitcoin for the height of its value. They will earn it and that's what I know as my friend does that he's buying and holding.

[lukmandog]

It's me because they keep the bitcoin for the height of its value. They will earn it and that's what I know as my friend does that he's buying and holding.

Bitcoin provides our opportunities for better profit potential in the future than just saving in bank. As well me, still holding bitcoin in the hope bitcoin prices in the future soar.

[xhienigat]

Mainly because people are holding on to their hopes of bitcoin increasing more than what its current price is right now. So basically everyone is waiting for bitcoin to go to the moon after this August 1 split.

[longpro098]

Because they are waiting for a bitcoin price will rise, they believe the bitcoin will be higher than expected. They believe in bitcoin
If the price of bitcoin increases and then sells them then they will get some profit

[Rove_V]

I believe that everyone ho holding a btc believe that will bitcoin in the future a lot more grow and I think also it's that a good idea.

[hajimasan]

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

This is a real factor in this field that .any people are making money only by buying and holding btc and nothing .
Here the reason to buy only btc and hold is not only single but many .
1) Many people who are millionaires but have no time to give for the trading , so made buy and hold for long time .
2) Many people made buy but don't know how to use to grow , so they are only waiting to get grow .
3)Many people have trust with the btc only because other new coins are going always dead , so more better to out money in btc .
So These reason plays an important role in the newbie and other person who have no time , and also they really made.much earnings in this way with very low risk .

[NoNetwork]

It's very simple, really.
I think that for the most people bitcoin is life time investment.
They are buying or collecting their btc funds with hope that btc price will continue to rise and reach even higher levels than now.
If such scenario happens, many people will make nice profits with bitcoin.
For the most people, it's worth to wait for something like this

So its all about timing eh?

But how could we know if it would be the right time, what if you converted this time of year but in the next year it has a better price? I think its more than just investment. If you really wanted to make profits, then you don't need to save all of it in your investment. Sometimes 'profit' is not a term only as economical in numbers. But also as a form of materialization. Making profit is not just making more what you've capitalized, but making it put into use, that's the true profit.

[South Park]

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

There are two types of holders, one is the die hard holder that is not going to ever get out of bitcoin and the second is the one that thinks that is going to profit from this situation, I have not get out of bitcoin for the simple reason that I do not think bitcoin price is going to be that low and after some time is going to recover, so what is the point of getting out bitcoin?

[iyanfoursix46]

Bitcoin is a great project that can change a person's life for the better in the future if he understands the project and bitcoin provides benefits for those who use it.

[Arindava]

From the experience I've experienced bitcoin hold a pleasure myself and what I've got it really be the result of my efforts so far. it's a very unusual pride

[Rinder]

My wife wanna travel with the money i can get from bitcoins, i told her this investment i wont moove until 2020, the next bitcoin halving where i do expect bitcoin around 5000 dollars or even more, she doesnt care and we had discussed, i dont wanna to use my coins, since i believe it will be more valuable over time, my childs can take advantage of bitcoin on the next 5-10 years.

[siddu1]

peoples Holding Bitcoins because  It enables you to earn bitcoins without mining software, mining hardware, ... Day-Trading Bitcoin for a Profit.
thanks.