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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)
Ultegra134
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December 02, 2017, 04:15:03 AM
 #2121

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.
Holding is less risky than trading, thus, most people prefer holding. It's a safer bet since historical data has proven that Bitcoin's price has an upward incline the past few years, and will most likely continue that way. Even in dips, the price has been proven to recover within a few weeks or months.

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ShiroThe5th
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December 02, 2017, 04:19:08 AM
 #2122

because bitcoin is the other source of income of other people. just like me a student, bitcoin helps me in my education. i think the other people has a reason why their still holding on bitcoin.
Godric-Gryffindor
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December 02, 2017, 04:19:49 AM
 #2123



Why people are holding Bitcoins? Why not?
 
Bitcoin is a very good investment for newbie investors to more advance trader, your trading experience can be profitable if you do it carefully.
The reason why people still holding bitcoins is because they (we) believe in this project, while some because it's against all odds.
EmmaAllen
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December 02, 2017, 05:01:39 AM
 #2124

I don't why people are holding bitcoin, some people are waiting for bitcoin price will be increase and that time they will sell. There are many reasons are there to hold bitcoin
musharaf
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December 02, 2017, 05:10:33 AM
 #2125

People are advance and they want to make money if they are jobless they can even work at home through using of computer. Bitcoin is profitable and we hold it for making investment in the digital market as the fiat money is less using for huge transaction within a couple of minutes and that’s why it will good for future  to be the part of the crypto world.

DoublerHunter
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December 02, 2017, 05:35:43 AM
 #2126

People are advance and they want to make money if they are jobless they can even work at home through using of computer. Bitcoin is profitable and we hold it for making investment in the digital market as the fiat money is less using for huge transaction within a couple of minutes and that’s why it will good for future  to be the part of the crypto world.
Bitcoin is really profitable in almost all aspects, from holding bitcoin for long term can give you a lot of profit and also in trading or shorting bitcoin can still give you a lot of profit and that is why people are being attracted to bitcoin because anything in bitcoin can give you profit either you are an investor or trader you can still make money.
gwapoinside2
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December 02, 2017, 05:40:08 AM
 #2127

many people hodl a bitcoin because someday bitcoin will be expensive .

rxplcgna
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December 02, 2017, 05:43:13 AM
 #2128

I think the first thing people think about is how to protect their property. Because the biggest enemy of wealth is inflation, the story of Zimbabwe is familiar to everyone. And bitcoin can be a good fight against inflation
ignacio0404
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December 02, 2017, 06:12:01 AM
 #2129

Bitcoin is very famous nowadays and according to research, bitcoin is increasing its own stability to give people chance to gain money in very easy ways. That is why many people today are holding bitcoin, because its private assurances of money that is very known today.
Saiful Islam777
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December 02, 2017, 07:14:57 AM
 #2130

When Bitcoin's price drops, we hold it in the hope of getting more profit. Many experts are now thinking that Bitcoin is at the price bar, it will surpass the price of gold. With this thought we are holding bitcoin many.
mward19
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December 02, 2017, 07:19:05 AM
 #2131

depends when people bought if u bought years ago still have it why not watch the cycle if u do not need money that is.
BeGoods
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December 02, 2017, 07:41:12 AM
 #2132

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.
I think the main purpose of bitcoin users in holding bitcoins is because they want to get bigger profits. by holding their bitcoins and wait until some time until bitcoin prices rise according to their expectations. most users store and hold bitcoins for their future
rasho321
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December 02, 2017, 07:58:12 AM
 #2133

Just accept the fact that the reason why we hold bitcoins for a long time is to earn profit but think that holding a bitcoin is many advantages and good effects for the crypto world and for yourself.
1. As you see the value changes of bitcoin starting in the time that bitcoin is not much popular, Why bitcoin value change? Because of the capitals of all of the investors so if more investors more pumps of bitcoin because all investors in crypto helping each other to rise its value everytime we buy bitcoins in the merchant the bitcoin price rise its value because local wallet developers buying more bitcoins depends on how many investors buyed on their market.
2. Everytime bitcoin has forked all of the bitcoin holders receiving a free coin depends on how many bitcoins they stored on their wallet.
Bitcoins has many advantages to make profit thats why many people switching to bitcoin from other businesses.
InsightCryp.to
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December 02, 2017, 08:06:37 AM
 #2134

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

Long Term Investors will always understand the importance of Entry and Exit points, Buying Low and Selling High. As of now, my strategy is to BUY as much as Bitcoins as I can when there's a correction. Many people doubted BTC when it was still at 3k$ level, now it has exceeded the 11k$ level, and I bought more at 9.5k$ when there was a corrrection! We can't predict the future, but, we can seize each day! Caveat!

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bbjay
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December 02, 2017, 08:54:53 AM
 #2135

Bitcoin trader hold bitcoin to make more profit over a period of time. Just like any other type of trading, holding may help to improve the price over a long period of time. Therefore holding bitcoin is a very good practice and is a way of maximizing profit. For those that invested in bitcoin about three to four years ago are in great joy because there is a great improvement in price of bitcoin today.

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December 02, 2017, 10:20:36 AM
 #2136


only me is holding the bitcoin because bitcoin price is more expensive in the future. so keep bitcoin because it lasts for longer

Cereza_23
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December 02, 2017, 10:27:05 AM
 #2137

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think why people holding their bitcoin because bitcoin price in short it's value will increase furthermore in the future . Also people hold their bitcoin because they are waiting for the right time to claim it .
Asifrahman
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December 02, 2017, 10:42:48 AM
 #2138

People are holding bitcoin for future profit.
yusupjatigumilar
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December 02, 2017, 10:47:43 AM
 #2139

Surely because they expect bitcoin prices will continue to soar so they can get huge profits, especially in the next year 2018 will be a lot of hardfork and it will make bitcoin prices continue to soar.
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December 02, 2017, 10:50:37 AM
 #2140

For me people are more inclined to keep Bitcoin because the current Bitcoin price has reached $ 11,000 and is showing signs of continued growth in the near future. I think Bitcoin will be very hard to come back to $ 8000 because the market is growing strongly and investors prefer to invest in Bitcoin.
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