Why people are holding Bitcoin?

[heleng05]

I think why people are holding their bitcoin like what I intend to do because of the price of bitcoin it increase since I started a few months and I wish before if I only know bitcoin since it was introduced I totally keep it like crazy.

[Zemomtum]

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

Because they have the reason to handle it, they can keep it in control because they earn it here. The bitcoin will sell them at high prices and will be available in low trades. Often others make a different way for the bitcoin to grow. There is plenty of time to handle the bitcoin. There are dreams because they can do that even if they have difficulty. They dream to be rich and succeemful people sometime .

[VayneAurelius]

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

I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time.

I agree with this, they wait for the bigger opportunity which is to wait the large amount of it when converted. It is a good strategy anyway, so they can be rich by this tactics. But of course that individual will take risk of not having a money for a long period of time.

[Sihab76]

They are reserving it in the near future because they know price will become higher more than today. They simply want to sell at a higher price so that they could gain a much better profit. Or simply they are still waiting for Aug.1 result.

It is better information. People holding Bitcoin for that they can get a atmosphere / good profit. When Bitcoin price fall down, people then stock/hold bitcoin,,when price rising, then people sell bitcoin at higher rate.

[Hasbro27]

many people prefer to hold bitcoin instead of selling bitcoin, probably because bitcoin will do a second hardfrok segwit, or many people who prefer to hold bitcoin rather than sell it, are better for bitcoin brands is an investment whose value continues to increase

[tientien5]

Why do people keep bitcoin?
People keep bitcoin because people see the potential of btc in the future
It is a source of extra income for people
btc helps us get a virtual account load but still have money to use

[Habakkuk77]

People who hold bitcoin believe that bitcoin in the future will increase  its price. They are also saving it for the future purposes. It is also because bitcoin is safe and good. Someday bitcoin will become as world currency.

[Gudhal Untu]

I'm holding bitcoin because hoping someday or tomorrow can get profit, now bitcoin price has passed $ 8000 and seems to keep going up until the end of the year.

[Oliver A]

They are just eying on the price of the Bitcoin in order to earn more profit

[tomforgery]

Most of them use it as place to increase money without make any things  others use it like job Buy/sell and gain a lot from that

[tyreII]

Some do think it will somehow grow in price.
Some are looking at the future thinking bitcoin will be the new technology that we will be using in the whole world. With that, they are holding and hoarding more because of its value someday.

[daglordjames]

i think they hold their bitcoin because they want to wait for a great price that they wanted to sell it or they gonna trade it and then they will cash it out then.

[JL421]

maybe because of getting profit from it or for buying things without the need of paying any sort of tax or any other fees with having the ability to make transactions anonymously as well. last reason would be for trading , trading with bitcoin is the easiest and doesnt require any submission of any sort of documents as well

[Nazaneen]

many people prefer to hold bitcoin instead of selling bitcoin, probably because bitcoin will do a second hardfrok segwit, or many people who prefer to hold bitcoin rather than sell it, are better for bitcoin brands is an investment whose value continues to increase

People are holding bitcoin, because it is always worth to buy bitcoin. Bicoin will give us profit for a long long time.

[meida]

Because bitcoin is still under development, the price of bitcoin fluctuates considerably. You may lose money in the short term by investing in bitcoin. But people are optimistic about the future of Bitcoin. I suggest you invest long term bitcoin. You will have the harvest. Of course you have to understand the risks of investing and I wish you good luck.

[Shutup]

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

Some people holding  bitcoin even  price is very critical but being volatility  of price of bitcoin is very good profit to all bitcoiners monitoring the price because the price is very important if you got the expensive price you profit a lot. Volatility of bitcoin price is well very good because even bitcoin is going down the increase will be more exciting.Especially bitcoin savers they can have the opportunity to make a very big amount when they sold it on the right time. I can call bitcoin as a sleeping giant.

[anon007]

They are hoping it will be rise more in price so they make more profit.

[dragonbhai]

They are holding their coins because they are expecting that bitcoins value will continuously grow in the future and they know that their investment will gain a lot of profit after the next few years to come.

Just like gold. With Bitcoin's limited stock, the more people who want Bitcoin, the higher the Bitcoin. Conventional currency because there is a limit, and peratas will be a little bit its value. For people living in unstable areas, holding Bitcoin is much cheaper than the less expensive because Bitcoin is not hit by the currencies in the area.

[humanvelocity]

Most of the people hold on to Bitcoin even though its value is falling is because of the hope that people have that it will rise again which I strongly believe and I would do the same if I was in there position. I would simply wait for the price to increase.

[Scorpion]

I mean the percentage growth of the past 8 years have been amazing and there's so much promise in this realm, the first blockchain, the first cryptocurrency and they know what's possible in the future with Bitcoin.