Why people are holding Bitcoin?

[Paid Piper]

People are holding their bitcoins at a moment to make huge profits in future as everyone is aware that the price of bitcoin will be too high in future and if they have saved good amount of bitcoins then they can sell it when price goes higher which will bring good profits for them and smart people will prefer to invest some of it in trading to gain regular profits instead of simply holding it.

i think in present time the only reason for which people are holding their bitcoin is get more and more profit, as they are expecting that the price of bitcoin can go more high therefore it will be more profitable to hold bitcoin tell that time and get maximum profit that they can get from it. i think some people may also holding bitcoin to use it for gambling or so many other purposes.

[ckorbba]

People are holding their bitcoins at a moment to make huge profits in future as everyone is aware that the price of bitcoin will be too high in future and if they have saved good amount of bitcoins then they can sell it when price goes higher which will bring good profits for them and smart people will prefer to invest some of it in trading to gain regular profits instead of simply holding it.

i think in present time the only reason for which people are holding their bitcoin is get more and more profit, as they are expecting that the price of bitcoin can go more high therefore it will be more profitable to hold bitcoin tell that time and get maximum profit that they can get from it. i think some people may also holding bitcoin to use it for gambling or so many other purposes.

It seems to me that it will be ridiculous if you use Bitcoin for nothing or even gambling. The fact is that after such forecasts, which sound the figures of $ 10,000 or even $ 100,000 for a few years, I am completely confident that all users in anticipation of such a stable good growth of the crypto currency and especially Bitcoin.

[boyptc]

Some of them running BTC businesses and others using those businesses.  Not all people are just hoarding it, though many are.

Many are holding bitcoins and it's not new for everyone. And this is a popular activity by those people that are in bitcoin and the activity that you need to do is very easy. You just have to hold your bitcoins and wait for the price to increase, that's very simple = profit.

This is not the new activity for everyone but a lot of them. But let me tell you something. New people think that they will make their bitcoin if they old them that is wrong. Actually the thing is that they hold it to make money not bitcoin. It only gives you more money  when you hold them and price increases then you sell coins with that present value that makes it easy to get profit in money but not in bitcoin.

Yes it's not a new activity anymore, we all know that holding is a very popular method and treats it as an investment. Yes I knew that fact that everyone is holding to make money because you can't grow or reproduce bitcoin by just holding it. But it will goes as an investment that's why you only have to hold them until the price will gets higher.

[drachman]

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

You do not understand, you see a few weeks and then come to a conclusion without understanding why people hold, people hold for the long term, no one that can call itself a holder can do it by holding a few weeks in my mind the minimum amount of time to call yourself a holder is one year.

[Renji Abarai]

Yes it's not a new activity anymore, we all know that holding is a very popular method and treats it as an investment. Yes I knew that fact that everyone is holding to make money because you can't grow or reproduce bitcoin by just holding it. But it will goes as an investment that's why you only have to hold them until the price will gets higher.

Treating bitcoin as an asset and holding it is really worthy if you cite previous history of bitcoin. Bitcoin appreciates more than 100% or more or even 1000%++. This year bitcoin is poised to reach $5000 dollar according to some prediction and even $10,000.

[barabarian1]

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

they hope and believe in next time the bitcoin's price will grow more and more that before. and good people can predicted when bitcoin will sell. so kep calm, thinking for situation, and you will get best for it

[BAGOBO]

I think the person holding the bitcoin is someone who knows that Bitcoin has a very good future or they hold Bitcoin for investment or for trading capital..

[cjinny]

Because for some people may be bitcoin can be used as investment, flexible purchasing tools, tax free and can be as other income and hoping bitcoin prices can rise dramatically.

[Fappanu]

Because of this price rises and they believe that it will increase by almost 10,000 USD and it is near it in fact at $ 4,000 each. Have you seen many people who are wealthy because of just hiding their bitcoins and other cryptocurrencies. If yes the answer is yes. They can handle it because they believe it's rich in it. And that's proven by others

[winderx]

because its value will definitely rise over time

[zander09]

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.

[deddod]

Because they know that bitcoin is the future.
They think that bitcoin prices will be very expensive in the future.

[A1exander]

Because I tend to look at the big picture. When I first heard about bitcoin, it was about $1. Now it is around $4000, a rise for more than three orders of magnitude in six years. Most of my coins were acquired by mining, almost for free. A dip, say, from $4500 to $4000 is almost nothing for me, because I have all reasons to expect bitcoin rising to a new maximum after.

[Gabb]

Actually all the altcoin market is just starting and it has a great potential in the medium term. There are great expectations about the imminent dominance of bitcoin in most online transactions and this great future is an important motivation to hold our coins, waiting for a bitcoin price arriving to the Moon.

[Zicadis]

We all no the blockchain technology is locked in to be the  future of tomorrow and bitcoin being the number one digital currency has not yet reached its full potential because its not yet on everybodies map, until then the value is expected to rise up and make all early adopters happy bitcoiners with a fat pay cheque

[DU18]

Holding btc is very much profitable, that's why people hold bitcoin.Bitcoin price was 900$+ in the starting of this year and now it's crossed 4000$.So,by holding 1btc for 8 months you can get profit upto 3000$.It can make you rich in small time.So,I think holding is a great idea to increase your bitcoin fast.

[nethan1btc]

Because they know that bitcoin is the future.
They think that bitcoin prices will be very expensive in the future.

Simply just observe the actual situations from recent years so the trending goes higher on bitcoin's future. Even how expensive the price now people got to hold it with stronger decisions to take for longer months to go or even years, just to wait for an exact price so they can even sell for profit. Now it's always gaining a good demand and I know more people will learn how to acquire the ideas which can help them realize how profitable bitcoin to every persons lives.

[julslet84]

They are holding (as a matter of fact it should be like this way) because the Bitcoin is the long-term investment currency.
i agree that blockchain technology is the future, and specially the bitcoin will continue to rising and protecting the first place.
we're all going to see how BTC will gain value if we wait with patience.

[DoublerHunter]

Because they know that bitcoin is the future.
They think that bitcoin prices will be very expensive in the future.

Simply just observe the actual situations from recent years so the trending goes higher on bitcoin's future. Even how expensive the price now people got to hold it with stronger decisions to take for longer months to go or even years, just to wait for an exact price so they can even sell for profit. Now it's always gaining a good demand and I know more people will learn how to acquire the ideas which can help them realize how profitable bitcoin to every persons lives.

If the people who are using and planning to have bitcoin will realize the significance of bitcoin then it will be easy for bitcoin to go higher because most of them will just hold bitcoin for long term and it will make the price to go to the top easier. Long term investment is a good way to grow our money but we need to set an exact target price for bitcoin so we can sell to that price and secure our profits.

[haji lulung]

People are holding their bitcoin besause they predict that someday bitcoin value will increase. And they want to get more benefits when they sell thir bitcoin.