Why people are holding Bitcoin?

[Suromenggolo]

Certainly because it gives advantages, because someone when hearing something that is profitable would want to try to make a profit. well this advantage can we get on bitcoin.

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[Betwrong]

Yeah, right now the price goes back up, I guess the reason is clear, that is to get a big profit from the bitcoin price increase. People withhold the bitcoin they have in order to get the right time to sell it.

I think when the dust settles we'll see a greater increase in price, so holding now is the right choice. Another right choice is buying more BTC if you can afford it. As I can see right now on my local exchange which I use usually most people are buying Bitcoin and only a few are selling it. 

[joromz1226]

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

Most  people hold  their because they want savings in the future. and of course, once they hold there is profit of bitcoin.
But there are some holding in short term for them to get profit in just a couple of days only or day trade activities.

[sunneybitc]

bitcoin is nowadays very popular and new era of money.bitcoin cost is the main reason here it is always increases and decreases.bitcoin holding is depends on their situations,if they are waiting for the goo profits.this is good asset for people who likes to invest.

[Xester]

The answer is simple, bitcoin has already build its reputation as one of the strongest or I may say the only credible digital currency now.  It has been proven that it is a good investment as its price goes up as years passed by.  There are times that it goes down but if you will compare the price from the year it started to its price right now, the price is beyond imaginable.  Some regrets the fact that they just wasted a huge amount of bitcoin as they can become millionaire right now if they just keep them.

[btc_angela]

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

i think because this is the right time to look for a bigger picture. while they are on panic by selling their funds imediately . You are calm by hoarding some of your funds and when coins pump to the moon and then your an instant millionaire. more risk more gain.

Indeed. You have to look at it at the big picture and see it will help you gain a good profit in the end. So they just hold and waiting for the perfect time to sell it. We all want to see bitcoin goes even more so that we can take a good return of our investments. So, just hold and stay calm for now and see how everything pans out.

[yoonah]

The answer is simple, bitcoin has already build its reputation as one of the strongest or I may say the only credible digital currency now.  It has been proven that it is a good investment as its price goes up as years passed by.  There are times that it goes down but if you will compare the price from the year it started to its price right now, the price is beyond imaginable.  Some regrets the fact that they just wasted a huge amount of bitcoin as they can become millionaire right now if they just keep them.

That is my reason why I am holding bitcoin, its credibility and the history how it made this far. I don't invest to something that I know it will not give me good profit in return after holding it for a long time and btc is what I see that can give me that though there are some coins that have potential in growing too.

[PacePay]

bitcoin is nowadays very popular and new era of money.bitcoin cost is the main reason here it is always increases and decreases.bitcoin holding is depends on their situations,if they are waiting for the goo profits.this is good asset for people who likes to invest.

In short we will say that bitcoin if kept for a longer time then the supply will be reduced and with the passage of time the demand of bitcoin increases with the increase of the users of bitcoin so we will see the price of bitcoin more higher in the future which will be our profit.

[xbiv2]

Why people are holding Bitcoin?

Why not? It's comfortable.

[Anfisman]

The reason why we should hold our bitcoin:
* According to analysts bitcoin price will continue to rise
* if We doesn't have an urgent thing that forces us to sell our bitcoin.
* Today more and more countries have legalized bitcoin, so the more people join bitcoin, this will make the bitcoin price higher.
So hold your bitcoin and enjoy your glory

[Gabrieelle]

Holding on to bitcoin even if the value goes down and high because we trust that it won't drop and we hold on to it because we know that the future of bitcoin is going to bloom. Bitcoin already has the trust of a lot of people because it already has proven itself also based on its history, holding on to it may be good or bad but in the end it is still our decision.

[Biggapp]

Why people hold bitcoin. Perhaps with the belief of someone holding bitcoin with the future of those who want to long-term inves and never concerned with the panic on the info make people so do not believe in bitcoin then from that I personally bitcoin as new digital gold to take advantage

a lot of people hold their bitcoin because the bitcoin is very high in price and it is very valuable now it is the age of internet and digital currencies that are very valuable as compare to the other currencies millions of people are holding bitcoin and the price is increasing day by day so a lot of people are waiting for the price to be increase so I think it can be the reason.

[Naughtis]

They are holding bitcoin because they want a higher price for bitcoin so they can accumulate more profits than what they currently have as of now. The price of bitcoin is a little bit far from the price of it a few months ago but it will go up again after the fuds will be gone and people who hold and believe that the price of bitcoin will pump will probably earn huge profits.

[Sedorikku]

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

The reasons why many people compel to hold the bitcoin in this critical situation is that they are waiting for change in bitcoin.  They want a higher price so they can accumulate more money than they have as of now. Bitcoin price is changing but for many people, i will say that wait the right time to let go bitcoin and you will satisfied on what decision you will make.

[Black Angel]

Because they believe that someday will become rich and successful because of bitcoin, I'm sure this will be true and I not fear to invest at bitcoin.

[Silberman]

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

People have many reason why they are holding bitcoins maybe they are waiting for a higher value of bitcoin before they sell it and maybe they are planning to save it for the future of their kids or for their future or maybe they want to buy something expensive so they are earning lots of btc before they sell it

Personally I’m holding bitcoin not only for the chance they get more valuable in the future, but because I think in the future a great deal of the economy is going to move in bitcoins, so I’m preparing for that day, also I think that if an economic crisis comes to happen like the one in the 2007 I think bitcoin could be  a way to save yourself a lot of trouble, so that is another great feature of bitcoin.

[chip1994]

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

People have many reason why they are holding bitcoins maybe they are waiting for a higher value of bitcoin before they sell it and maybe they are planning to save it for the future of their kids or for their future or maybe they want to buy something expensive so they are earning lots of btc before they sell it

Personally I’m holding bitcoin not only for the chance they get more valuable in the future, but because I think in the future a great deal of the economy is going to move in bitcoins, so I’m preparing for that day, also I think that if an economic crisis comes to happen like the one in the 2007 I think bitcoin could be  a way to save yourself a lot of trouble, so that is another great feature of bitcoin.

Well, the issue inflationary in our economic will decreasing more when we use Bitcoin as digital cash our new currency because the total supply coin of Bitcoin have limit and can't create or release as Dollar or other currency on the world's.

[PoorLad]

To recap most people's reason: Investment 

Ditto on my end

[Blackwhite69]

Because they believe that someday will become rich and successful because of bitcoin, I'm sure this will be true and I not fear to invest at bitcoin.

I'm also so, hoping to get success with the highest price and have high confidence to get it

[South Park]

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.

Money is always a difficult topic to discuss with your partner but you need to try to make her understand the importance of what you are doing, you can use your bitcoin to obtain short term benefits or you can use it to obtain long term benefits, if you explain things to her, maybe she will understand.