Why people are holding Bitcoin?

[skyline247]

People hold Bitcoin for the sole reason of making more profit. Why sell when the price continues growing exponentially? It makes no sense.

[mudasarali43]

I think peoples holding bitcoin for gaining profit because this price is still going and going non stop due to this almost all peoples have mind set that the price will go up and up in future so far mostly peoples are holding bitcoin for future profit.

[libert19]

Sometimes I think, you guys post this kind of threads just yo increase your post count.

Can't you see how much bitcoin has risen up in last couple years hell in last few months?

[janeparamas]

I'm holding my bitcoin because i believe that the bitcoin price will keep increase until someone dump it all. As you can see the price of bitcoin is increasing again in the last 3 days and i'm sure it might stand on the price. I'm holding my bitcoin until it reach $5,000 at least and when it happen i will sell all my bitcoins and enjoying my money.

[Cimmy_revenger]

Because bitcoin has a very valuable value.
the security level is also very good. , if there is any negative news about bitcoin he maybe not know cryptocurrency in detail.
usually there is negative news from hacker attacks that made me want to be more interested in Bitcoin.

[newguy05]

Due to Bitcoin become a reserve money for converting to other coins in the long run it will increase more for sure but fluctuate as a matter of fact. We will have it in coming 10 years in my point of view.

[South Park]

People hold it in case of price increase. Nowadays bitcoin could be an investment as long as its price is increasing. The time when the bitcoin stop increasing is unknown since the all 21 million bitcoins are still not yet mined. People who holds it takes advantage of its rising value making them richer when several years pass.

Those who hold bitcoin for a long time are the true winners, simply because the average of their price are low. People hold on bitcoin because they believe that in the coming years bitcoin will still powerful and high in value.

And the best part is that in order to join the winners you only need to do two things buy bitcoin and then hold it, it is very easy, no matter the amount of bitcoin you have, hold it as if it is the most precious thing in the world because odds are it is.

[mudasarali43]

Peoples are holding bitcoin due to maximize their profits and get increase  their returns and I am pretty sure bitcoin price will go up and all peoples who are holding bitcoin can get a good profit from bitcoin.

[shinno]

People are holding bitcoin because of its profit and price. Bitcoin dropped down to $1800 five or six days ago but it is still rising. I think in the stock market, if many people have the bitcoin then the price and profit of the bitcoin will always going up and up. Maybe it's going ti drop a little bit but who knows in the future, if you holding only 1 bitcoin, it still make you rich?!

[Spinbackup]

Because it has great potential and is increasing in price in the long term, plain and simple.

[jasonjm]

Same kind of question, same kind of answer. Every day, why holding bitcoin?, why you love bitcoin etc. etc. O come look at the price of bitcoin and after looking at the price i am sure that you will not ask these questions again. Profit is, why every one is here working on this forum and investing in different coins.

[Frank0209]

Why not? As you can see the price of bitcoin changing everyday of course in better way. From the first time I heard about bitcoin, its price has increased more than 5 times that make a lot people believe in this coin so they try to keep and earn as much as they can and waiting for the price increase . Maybe if you have more than 1 BTC you can earn at least 100$ a day with trading

[Chanock]

There are a lot of reason to hold bitcoin nowadays. It is because bitcoin is unpredictable most of the time bitcoin increasing its value. Some keeping bitcoin for personal purposes or maybe for future purposes.

[SimonJones]

Most of the people are holding it hoping for the value to increase.
Some are holding it to make payments.
And some other because they support the idea of a decentralized currency and are fed up with the financial system.

In the order above

[madwica]

Most of the people are holding it hoping for the value to increase.
Some are holding it to make payments.
And some other because they support the idea of a decentralized currency and are fed up with the financial system.

In the order above

Main reason is to make huge income because we all know that bitcoin value was continuous increasing and if you have huge bitcoin hold in your wallet the potential to make higher income is there. Me i just hold my bitcoin for my future expenses because i have plan for next couple of years. And choosing bitcoin to puty money than banks.

[ryo03800]

the reason why people hold bitcoin in my opinion is because bitcoin is suitable for a long-term investment. this has been proven by the rise in bitcoin prices this year. so it is likely that the price will continue to increase from year to year to come, and it is not impossible that bitcoin will become a legal currency worldwide

[Fatemablabla]

 I think many are holding bitcoins because everybody can see its future.it is also suitable for long run investment.

[cluit]

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

Because they have faith in bitcoin that it will give them big profit in a long run. Aside from the usages it can give to us, it also give us an opportunity and increase our confident to achieve our dreams in life.

If someone keeps his Bitcoins in his pockets today (please don't take the literal meaning), it will get doubled in a very short time (again skip to take it literally). Besides, it would be a stupid to cashout BTCs today if you don't have big plans now. Let the water boil a little more. That's necessary if you want a harden egg in short tme.

[pikebu]

Because it has great potential and is increasing in price in the long term, plain and simple.

Yep, bitcoins has large of benefits than other instrument of investment like gold although the process to get bitcoins almost is same with mining, but on bitcoins we can take it on every where, we can put the bitcoins on smart phone and full control, bitcoins is more easy to be sent to around the world be compared with gold, also bitcoins has chance to become new currency in the world be used for all of the people around the world too.

[PepperaOnIt]

The price rate of the bitcoin is still increasing so they think that bitcoin is not in critical situation they want to earn more profit thats why they still holding on to bitcoin