Why people are holding Bitcoin?

[Bitcoinnumberone]

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

People are holding Bitcoin because its value is getting higher. So eventually, if you keep holding here your earning increases. You can work out also your cryptocurrencies. So we need to continue here so that in due time what you earn here will pay back to you in doubled.

[Mkmanik]

People holding Bitcoin for many reasons.one of the common reason is the value of bitcoin.its not stable.its increasing and decreasing regularly.day by day the value increasing and increasing.so why people like Bitcoin.Bitcoin is also a great investment.people like to invest with Bitcoin because of its easy for investment.
I also like to hold Bitcoin like other people.i like to trade with Bitcoin.

[jonggrang]

People holding bitcoin because they want to make it as an asset. People want someday their asset value become increase. So, they can get some benefits when they sell their bitcoins.

[Dodoymabs]

I think someone holds Bitcoin because they know Bitcoin will be better and the price will increase and will soar so much.

because they see the potential growth of bitcoin.As i do some research in april 2010 the value of 1 bitcoin is $0.003 and as of sept. 1 2017 its value is $4600-$5000.So people really holding on to bitcoin.

[Soul-Blink]

I guess they are holding bitcoins due to increase of its value. This gives those people that want to invest or buy bitcoin and convert it to real money when it's value become very high, the advantage because you could earn more than what you had payed for. However, it is also a risk because bitcoins could decrease or even disappear. If this happened, it would be a waste of money for those who are holding a big amount of bitcoins.

[Zeke_23]

by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.

[Soranith]

People holding bitcoin because they want to make it as an asset. People want someday their asset value become increase. So, they can get some benefits when they sell their bitcoins.

Yes people want to hold bitcoin because they know that bitcoin price will rise every year so if they will hold it for at least 2 years or more then they will gain a lot of money.

[BITSPANISH]

by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.

I agreed with you.I also think holding Bitcoin is more profitable instead of keeping money in the bank.But bank money is quite safe and secure and there is no risk available.But in Bitcoin, we have some risk.Anytime the price may fall down and we can lose our money.But bitcoin is potential so we don't care about the fallen price.For the future value and bright future peoples like to hold bitcoin.

Investment for future always gives us an opportunity success. Of course, behind that success also have some risk makes us loss our money when investing to it. But, if you say do not have the risk in investment, you are a dreamer and this dream never become the truth.

[NoNetwork]

by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.

Have you ever heard the term HODL? It means that you're dramatically holding your coins to the extent that you knew when will most likely be the highest peak yet of a certain coin. So lot of speculations and even knowledge about this is required in order for you to achieve that. But as of now, its not always a good idea to hold those coins that long, I mean years? Well probably it will have a great result but the best thing to do is to just use what you're earning maybe 1/2 or 3/4 of all of what you have then HODL the rest. The best investment is by spending it.

[Vikingr]

I guess they are holding bitcoins due to increase of its value. This gives those people that want to invest or buy bitcoin and convert it to real money when it's value become very high, the advantage because you could earn more than what you had payed for. However, it is also a risk because bitcoins could decrease or even disappear. If this happened, it would be a waste of money for those who are holding a big amount of bitcoins.

Only new people would be getting panic on seeing the critical situations and would sell their bitcoins for cheaper price. But investors who are in the crypto market from the beginning know very well the price movements of bitcoin. They have already seen that bitcoin has successfully overcome various critical issues and its surviving successfully.

[SMSabuj]

Most of the people who are holding Bitcoin they are waiting for the huge pump of Bitcoin. Because they believe that holding Bitcoin is better than keeping money in the business bank. Although Bitcoin investment has some risk. But people believe that they will make the huge profit by holding Bitcoin.

[MaNdAR_10]

I think that many of the people make investment of bitcoin when the price are low and hold till the price increase.
Once they price increases they sell there bitcoin so that they can earn profit.

[xbugitox]

Holding bitcoin for a long term means more profit. Because as time goes by, the value of bitcoin increases. So if the value of bitcoin increases so is the bitcoin that you're holding.

[Cling18]

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

It's because a lot of people trust bitcoin. Bitcoin dropped and recovered a lot of times in the recent years. And those who were able to hold it for a long time was able to get a lot of profit from it. So, I think a lot of people learned their lessons because of the ups and downs of bitcoin.

[waqarkahloon]

To make big proft. because after one year, having half of bitcoin will be like millionior so everybody trying to collect as much btc as so to sell it at much higher price like after 100000% gain.

[Bitcoinislifer09]

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

People are holding Bitcoin because even though it is in critical situation now still in the near future its value will increase. So people keep investing here because they know that it will never be in vain. As we all know Bitcoin considered as digital gold so it can help us not to be poor or empty handed.

[Turiettly]

becouse bitcoin value far better then gold,gold can't be more reward if you keep this but bitcoin can sure.which is the principal simple fact I feel.

[Lannie25]

they want to earn more money thats why they hold there bitcoins .... but its risky because we dont know how and when bitcoin will dump
or if bitcoin will pump its good to the holders they will earn more money

[sudip76]

People think in future bitcoin price more incrase so people hold bitcoin for get more profit in  coming days.

that's the reason for holding bitcoin.

[Souldream]

by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.

I agreed with you.I also think holding Bitcoin is more profitable instead of keeping money in the bank.But bank money is quite safe and secure and there is no risk available.But in Bitcoin, we have some risk.Anytime the price may fall down and we can lose our money.But bitcoin is potential so we don't care about the fallen price.For the future value and bright future peoples like to hold bitcoin.

yes holding bitcoin now may increase its value even though that we are not putting it in an investment still it gets many profits, that is what i am doing now also, i hold bitcoin now so that it will increase more often than it increase before.