Why people are holding Bitcoin?

[lani123lani]

People tend to hold bitcoin, because we believe that bitcoin prices, will increase day by day, in the near future, if you really want more income, in the future, so we decided to hold it.

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[DrYe5]

Some people believe that bitcoin price will increase. That's why they prefer to hold it rather than sell their btc. Including me, too, actually.
And maybe they use bitcoin as a long term investment. That's why they hold it instead of selling or trading it. Just keep your bitcoin, and the value will be high in some time. No need to do anything and gain profits.

People are holding Bitcoins now because it's the easiest way to get rich. It does not pay to kick or trade, just hold and the profits themselves increase dramatically.

[qiman]

NOW we all know that the big banks and WALL street will go into BITCOIN in a very big way and some people are saying that Bitcoin might go up ten times over the next 2 years. If this happens one bitcoin will be worth 100,000 USD. Many people are waiting for this to happen I think then if you have just a few you can one day become rich.

[Jessica2009]

The investors in general will try to obtain the maximum profit out of their investment likewise the Bitcoin investor has developed their confidence to
invest in Bitcoin for long term by studying the merits and de-merits and encounting the risk factors.Its attractive characteristics and features are the
main reasons to get more investors in Bitcoin.It is volatile and high in demand in the market so naturally the price is increasing considerably.

[barabut]

Easy answer will be become rich, but it is not that easy. Holding is a kind of psychological level of expectation and this also deals with so many variables one is the cost of buying it

[lifengpu]

Probably because people want to get a big profit from this, so they are waiting for the moment when you can sell it at a good price

[Joylee]

As the rate has been increased in past few month, why anyone would like to sell the bitcoin? We know the price of bitcoin fluctuate but at the end it is always profitable. So that is why people like to hold it.

[joy005]

I think the price of the future Bitcoins will be much higher. So people want to keep Bitcoin.

[choppork]

People are holding bitcoin because they believe that the price of bitcoin will increase in the future. With bitcoin halving, bitcoin price getting higher is guaranteed but the demand can still die when some other coin gets hyped so much. Some people are still skeptic about bitcoin so this is still a possibility but that doesn't mean that it's going to happen. We have seen in the past how much bitcoin could grow for such little time. This is an exponential growth. As more people are coming in and as more investor are getting in, the more people those people are affecting and recruiting. We end up having more growth rate in population and price as opposed to how it was yesterday.

Some also just don't have any trust on fiat at all. Fiat, on the other hand, no matter how long you have been holding it will never grow in value. The value of fiat just keeps getting lower and lower because of the constant inflation that's happening. Some are saving themselves from the inflation while some just don't have anything to do with their bitcoin so they just hold. Like if you have nothing to buy, then might as well hold your bitcoins rather than cash it out.

[rahmanrock]

well honestly to tell that i my case i just like to hold it  because of its demand and growing popularity day by day 🙂 On the other hand Bitcoin is very good for those who know, I myself now hold bitcoin and in my opinion very nice,than others and until now I still collect BTC and hold it for my better future 

[omorfi]

I believe that people are holding bitcoin because they do not trust state money anymore cause of inflation. And for my opinion Blockchain technology will boomin every field in the future.

[Gladz29]

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

Some people now hold bitcoin, because the value of the bitcoin now is getting higher. Some hold bitcoin for investing, trading. In neae future bitcoin is the most usable currency.

[Rupok]

Bitcoin investment is increasing day by day, and the price of Bitcoin is increasing continuously. So people are keeping Bitcoin, so that there is hope for a good price in front.

[Sowik]

For profit of course, traders, investors - thats what we are in for. Some are in because they believe in the cause, some people use it for their shops and etc.

[Maureenjoy]

People are holding bitcoins because the price will become higher in the future. The more bitcoins you earn the higher appreciation you will have in return.

[rachelia13]

People hold bitcoin because bitcoin prices from day to day always show an increase,  for example when first time i joined about 6 months ago, bitcoin price was $ 2,900 but now it has reached $ 10,000, really a fantastic increase and with that increase prices people which holds bitcoin hoping to earn more profits

[m_01]

Due to its rapid growth!!

[Daveeoff]

Holding is connected to investing, they hold Bitcoin as they think it will rise in price and they will make profit.

[cryptocollecter55]

In my case I just love to hold btc as much time as I can afford.Because btc price depends on supply and demand module.For this reasonn , the more you hold the better benefit you get from it 

[10000BTC]

It feels good to posses bitcoins these days. you wake up and only see green bars.
i wish i was an early investor to have some few 10's of hundreds of bitcoins.