Why people are holding Bitcoin?

[dimonstration]

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

Maybe because the value of bitcoin is increase, if you hold bitcoin and the time comes that the value is too high you can sell that. Just hold the bitcoin and you can have more earnings.

Yes and for me I really believe that it would happen soon that the price of bitcoin would probably increase that in a long period of time. So I think that would the reason why some of the people hold it.

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[mvidetto]

It can protect from inflation and nowadays it is the most safe and cheap currency. If you keep crypto currency there is a high probability that tomorrow it will significantly increase and you will accidentally become rich.

[Howell]

It can protect from inflation and nowadays it is the most safe and cheap currency. If you keep crypto currency there is a high probability that tomorrow it will significantly increase and you will accidentally become rich.

It is true that one of the reasons people are holding bitcoin is because it has been proven to be a safe haven against inflation and so a worthwhile instrument for investment. However it is not to be taken for a fact that keeping just any cryptocurrency would lead to prosperity in the future, because a good number of cryptocurrencies out there are worthless.

[josephpogi]

For me i ithink people holding their bitcoin for a long time because theyre waiting or they are predict that the value of bitcoin or any coins are going rise . so they will not regret someday.

[Lancusters]

For me i ithink people holding their bitcoin for a long time because theyre waiting or they are predict that the value of bitcoin or any coins are going rise . so they will not regret someday.

Bitcoin can't rise in price. Someday it will end. I don't understand those people who save on everything and keep their coins. This can lead to the fact that they will lose all their money and do not enjoy life. I think you need to spend coins without regret and try not to save money and earn more.

[danherbias07]

For me i ithink people holding their bitcoin for a long time because theyre waiting or they are predict that the value of bitcoin or any coins are going rise . so they will not regret someday.

Bitcoin can't rise in price. Someday it will end. I don't understand those people who save on everything and keep their coins. This can lead to the fact that they will lose all their money and do not enjoy life. I think you need to spend coins without regret and try not to save money and earn more.

That is awkward when you are telling it in a bitcoin community. 
Taking it down for your own coin to go up? That is just not possible too.
Look, many have already profited just by holding it and there are proofs of that.
How many years had it been and yet it is still standing tall. Come to your senses my friend or you could just stay with your coin if you dont trust bitcoin. Just one thing. How will you buy the altcoin you wanted? Some of them don't have the feature of buying it with USD but you also need bitcoin.

[Qunenin]

That is like asking why are people fishing money out of a bucket. It's cash it's right there it's easy to get you can buy Bitcoin wait two weeks and it'll be worth more. If somebody put out a free dish of money at the local restaurant you'd be the first one to reach in there and grab it , so why ask this question?

[Barbut]

That is like asking why are people fishing money out of a bucket. It's cash it's right there it's easy to get you can buy Bitcoin wait two weeks and it'll be worth more. If somebody put out a free dish of money at the local restaurant you'd be the first one to reach in there and grab it , so why ask this question?

He asking cause he doesn't have faith in bitcoin future. Nothing is free as you saying, or that easy. To come to that free dish you need to hear before others, to get there before, with one word you need to be informed.
Its not free, bitcoin have potential to worth more and to be much more in future. Bitcoin is young and if its now progressed so much, what will be in the future when its get old and better accepted? That is why we are holding and trying to earn more if we can to have enough when that times come.

[lusiaga]

for those who can analysis of trading market and knows the bitcoin will go high, they will hold bitcoin. im not proffesional in trading thats why im not hold long term for bitcoin. when i got some free bitcoins i go sell it at highest price at the day.

[Best Dreams]

For me i ithink people holding their bitcoin for a long time because theyre waiting or they are predict that the value of bitcoin or any coins are going rise . so they will not regret someday.

Yeah you are right that there is a lot of people holding their bitcoin for the future and they are sure that bitcoin will increase its price in coming future and they are believe that bitcoin will be profitable for us in the future so i prefer that hold your bitcoin is much more better for us.

[South Park]

The plan of every business man or woman is to make the highest profit with the lowest risk. Keeping your bitcoin even at the point the price is falling does not mean you are loosing everything cause a time we come it will jump back up  to its normal position and price. People who holds their bitcoin holds it cause they want to make  high profit that will suit their margine.

I think many are holding not only for the profits but also for all the other great characteristics it offers, you can send money all over the world, you can carry all your money in a small usb and no one is going to notice that you are carrying money with you the same way that people are going to notice if you were carrying cash, gold or credit cards.   

[Thiet]

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.

[jayc89]

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.

Although these people use Bitcoin to get rich, I wouldn’t want to suggest it to anyone that is looking for a 100% sure method to getting rich. Bitcoin can get really expensive or really cheap depending on how many people want it through an exchange. Order Books within exchanges are what the price of Bitcoin is right now, if there were no Bitcoin exchanges then the price of Bitcoin would only be a used as a barter system based on something that someone says.

Bitcoin is one of the currencies that don’t really need USD to allow it stay useable.

[kelseydustin]

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.

Yeah, there are many reasons why they are holding bitcoin. I am holding bitcoin because I believe in the future of bitcoin that it will become the number one currency on the planet. Bitcoin will be used by most of the people and it will provide a new way of payment method which we only need 1 currency on the world

[suzanne5223]

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.

Yeah, there are many reasons why they are holding bitcoin. I am holding bitcoin because I believe in the future of bitcoin that it will become the number one currency on the planet. Bitcoin will be used by most of the people and it will provide a new way of payment method which we only need 1 currency on the world

You're correct and totally agree you because a bitcoin atm were install from one country to another which just happened in Gibraltar. Bitcoin is going global there's 100% chance for price to double at anytime which is one of the reason why people hold their bitcoin in other to make more profit.

[TonnyKakar104]

for this question there are many different answers, and all these answers depends upon the persons needs.
but i hold bitcoin for more profit, i know the prices are increasing and never decrease so i'll wait for my dream price which is $8k when it comes i'll sell my bitcoins.

[pixie85]

In short, gold like love is not for sale

And yet people are buying their lovers gold jewelry to gain their affection. They also buys gold wedding rings.
I'd change this and say gold is being bought and sold for love, it's more valuable thanks to people in love

[marcuslong]

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

The reason why they holding bitcoin is they knew that bitcoin is getting and getting higher and the more expensive now the reason why they holding bitcoin is they trading it from the start to have a more profit into it i guess lots of holders now are enjoying the price of bitcoin.

[bvg96634]

Now a days the Bitcoin is raising in it's value so it's higher value . Generally Bitcoin is expensive but Bitcoin value is increasing day to day so people's are holding Bitcoin for a long period.

[roflmao129]

Because they know that holding bitcoin will give them profit in the long term. Bitcoin has increased very much since it was created and because of that reason, many people want to become rich with bitcoin. Only a few people care about the technology inside bitcoin