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Question: According to the past five or six weeks bitcoin price study I've noticed that the bitcoin price is continuously rising and falling, the price fall is more than the rise and still most of the bitcoin holders are not ready to sell it. I want to know the rea
When and how?
What if drops?

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Author Topic: Why people are holding Bitcoin?  (Read 58439 times)
alt-fire
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November 29, 2017, 08:44:11 PM
 #2101

I think that those who have few bitkinos keep them to get rich, and those who have a lot of them hold, because they do not trust the banks and do not trust the existing financial system.
I belong to the first category)
antongee28
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November 29, 2017, 08:47:11 PM
 #2102

cause it's digital money and technology is improving, once it will be very high and worth investing, that's why people are holding onto it
ChConcept
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November 29, 2017, 09:30:56 PM
 #2103

Same reason as why people held on to it since 2103, the price keeps getting high. People buy into it as an investment for the future. And the future is a looong time. The when is probably when you REALLY need it. Otherwise, most probably when i retire.

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pabpete
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November 29, 2017, 09:35:00 PM
 #2104

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.

People keep Bitcoins because it is by far the easiest and best way to increase your money. It does not pay to kick or trade, just hold. I do it myself and I am relieved.
seriin
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November 29, 2017, 11:27:15 PM
 #2105

People are holding bitcoins because it is an ease to keep their money secure. They also prefer to keep bitcoins because they want to gain more profit that they can be used to sustain their daily needs.

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Jembut Ireng
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November 30, 2017, 12:32:17 AM
 #2106

I'm holding bitcoin because bitcoin holding is more profitable than holding gold or other investment, now the price has reached $ 10,000 and I'm sure it will go up so bitcoin becomes hope to be the best investment.
Tiktik
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November 30, 2017, 12:38:33 AM
 #2107

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People need to win especially if we talk about money you need to be patient to hold your bitcoin but holding bitcoin is so very risky because you dont predict the value of you coin by holding your coin just you need is believe!
dotts
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November 30, 2017, 11:48:05 AM
 #2108

Now a days, some people holding bitcoin because the value of it is increasing every now and then. They believe that it will increase high in the future, so they used it as an investment to gain more profit.
drawoh14
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November 30, 2017, 12:02:54 PM
 #2109

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
The reason why they are holding in a critical situation is because they do not want to lost some of their investment

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Birin016
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November 30, 2017, 12:07:35 PM
 #2110

People who hold bitcoin , because they wait until prices rise, after that bitcoin price rise ,then they will sell their bitcoin. Bitcoin itself has most likely the price will go up, and the level of price increases greater than the rate of decrease in price. I think those people who hold bitcoin, they are the people who think about the long term advantage.
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November 30, 2017, 12:14:40 PM
 #2111

Bitcoin hard fork was the splitting of bitcoin’s blockchain.
On Aug 1,2017 the hardfork was done and we got a new coin named Bitcoin Cash(BCH). Those who were holding bitcoins in their wallets and have access to their private keys got credited with same amount of BCH.Suppose, you had 1 BTC in your hardware wallet or any online wallet which supports BCH, you would have received 1 BCH as well.
Like, In Bittrex Exchange, if you stored your BTC you would have got BCH as well.
ahiaba.john@yahoo.com
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November 30, 2017, 12:18:07 PM
 #2112

The reason why people are holding bitcoin is simply because they want to make more profit on their investment since the price of bitcoin is not stable for now. No body want to trade bitcoin without making profit. They simple want a situation where the is stable increased in price of bitcoin before they can sell to enable them make more profit.

bayong
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December 01, 2017, 01:10:56 AM
 #2113

I am also holding a bitcoin because it will be more expensive int the future.The price for the bitcoin is always rising.It is the best to hold a bitcoin for future gaining.
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December 01, 2017, 01:38:34 AM
 #2114

I think that's why people keep bitcoins, maybe they'll sell them next year because maybe in 2018 bitcoin will rise in price according to their estimates.
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December 01, 2017, 02:32:01 PM
 #2115

I think that's why people keep bitcoins, maybe they'll sell them next year because maybe in 2018 bitcoin will rise in price according to their estimates.

Because bitcoin price is increasing very fastly.so people are holding bitcoin and now people are knowing bitcoin very fastly.i think in 2018 bitcoin gonna be more expensive.so everybody please hold bitcoin if you hold bitcoin.soon you will be millionaire.

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pluMmet
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December 01, 2017, 02:43:51 PM
 #2116

Because of bitcoin people can get income, in addition to the value of bitcoin also large and easy understand makes people are drawn to enter into bitcoin and start their efforts in bitcoin, and also because of the day a lot of the country began to support bitcoin with giving response was positive increasingly support interests people to start bitcoin
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December 02, 2017, 03:16:20 AM
 #2117

The most important reason for someone to invest in bitcoin is profit. Many people are keeping bitcoin because they think bitcoins increase over time and they will earn a lot of money after a period of hoarding it.

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December 02, 2017, 03:19:03 AM
 #2118

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
basically some people want to hold their bitcoins is because the value of bitcoin is not stable if you hold your bitcoin its more good and more chance to get more money in the future because the value of bitcoin as i said that bitcoin is not stable but it always increasing day by day or month by moth.

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December 02, 2017, 03:43:35 AM
 #2119

People holding bitcoin because the value of bitcoin is not that stable and also they want to make profit. True that bitcoin is risky but it's worth to wait.
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December 02, 2017, 03:50:54 AM
 #2120

Karna Bitcoin is good for long term investment .. and our Bitcoin can be used again to buy other digital currency ..
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