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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 58482 times)
Snub
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December 06, 2017, 03:08:26 PM
 #2181

investors are waiting for more and more value to get the biggest profit...because there is a lot of probability that the price will continue to increase
Pantoflascrypt017
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December 06, 2017, 03:09:47 PM
 #2182

The reall question is why aren't more people holding Bitcoin!

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December 06, 2017, 03:11:33 PM
 #2183

The most likely reason why people hold bitcoin is because they believe bitcoin is the most valuable asset whose value has a remarkable improvement.
And the second is that if more and more people are holding bitcoins then bitcoin prices will be easy to ride
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December 06, 2017, 04:02:33 PM
 #2184

The most likely reason why people hold bitcoin is because they believe bitcoin is the most valuable asset whose value has a remarkable improvement.
And the second is that if more and more people are holding bitcoins then bitcoin prices will be easy to ride
Most of the people get into bitcoin because of the profit or money that they can use or get in investing their money in bitcoin but for me and for other few of the people are investing or putting their money because they believed that they need this great type of technology.

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December 06, 2017, 04:04:09 PM
 #2185

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

Bitcoin is one of the best investment i've ever seen before. Because of it's price, you will be convinced to invest more. But People hold their Bitcoin because they have their faith that Bitcoin will increase and increase. In their faith, they believe that Bitcoin have the possibilities that the price will increase amd decrease but there's a big possibilities that it will increase and increase, so they are holding there bitcoins to have some profits without taking risk in some investment sites that are risky.

Right, it's a risky asset but it provides profit for its investors at least. The pattern of its price is very positive and the rise may continue next years too. This is the fact for me to hold it.
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December 06, 2017, 04:11:44 PM
 #2186

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.
agree with what you say, I think it's the same and there are still many people who hold bitcoin for the long term because with them storing bitcoin as a new digital asset for the future, maybe they will get a lot of profit from their profits. save.

Akash55
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December 06, 2017, 04:12:48 PM
 #2187

People are holding bitcoin to getting profit.People who invested on bitcoin and hold their coin now they got a huge profit.so if you want to get profit easily you can hold bitcoin
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December 06, 2017, 04:14:51 PM
 #2188

we can see bitcoin is rising everyday, so it is wisely to hold bitcoin, as long as it keep rising, it may be bring us higher profit.

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December 06, 2017, 04:22:35 PM
 #2189

Before bitcoin conversion is just low, imagine if you hold a lots of bitcoin you are now rich. Just like today bitcoin is still getting higher so just hold your bitcoin save it for the future.
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December 06, 2017, 04:27:37 PM
 #2190

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People specially those who are already in a long time within the bitcoin industry tend to keep on holding into their bitcoins because they have already undergone various dumps regarding the bitcoin price that test how tough they are in holding no matter what happen in the cryptocurrency. An observable reason is that people are seeing that bitcoin has the potential to grow and is good for holding so they tend to keep on holding into it.

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December 07, 2017, 05:42:59 AM
 #2191

Today is a very coveted coin and the price is high enough, of course, many bitcoin will hold. If you want to be used as an investment, that is not harmful. Can be used at any time as an urgent need.. Smiley
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December 07, 2017, 12:54:49 PM
 #2192

The most likely reason why people hold bitcoin is because they believe bitcoin is the most valuable asset whose value has a remarkable improvement.
And the second is that if more and more people are holding bitcoins then bitcoin prices will be easy to ride
Most of the people get into bitcoin because of the profit or money that they can use or get in investing their money in bitcoin but for me and for other few of the people are investing or putting their money because they believed that they need this great type of technology.
Yes but the main point is to profit, I agree if storing bitcoin is proof that we need this technology in the future.
And bitcoin prices are always beyond estimates
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December 08, 2017, 02:51:03 AM
 #2193

People holding Bitcoin because they get the needed things in their home and their families.
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December 08, 2017, 04:16:09 AM
 #2194

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

People holding their bitcoin because their waiting to raise the rate of bitcoin, so that their investment will be higher. Bitcoin now is good investment because of its higher rate,thats why people is investing their money .

It is because holding your bitcoin is one of the way on how you could earn huge profits in the long run, but it is still depends on you if you wanted to hold your bitcoins since there is a lot of ways on how you could earn profits aside of holding. People who holds their bitcoins are the one who doesn't need money at all, I mean they need it, but not like others who need to convert all of their bitcoins to pay all their bills or debts.
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December 08, 2017, 05:08:15 AM
 #2195

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

People holding their bitcoin because their waiting to raise the rate of bitcoin, so that their investment will be higher. Bitcoin now is good investment because of its higher rate,thats why people is investing their money .

It is because holding your bitcoin is one of the way on how you could earn huge profits in the long run, but it is still depends on you if you wanted to hold your bitcoins since there is a lot of ways on how you could earn profits aside of holding. People who holds their bitcoins are the one who doesn't need money at all, I mean they need it, but not like others who need to convert all of their bitcoins to pay all their bills or debts.

I agree, so I envy those holders of bitcoins that doesn't need to trade their btc. Most of I earned btc were already converted to our local currency and Im using this for my everyday life. Yes, holding bitcoins will give your more profit in the near future if and only if bitcoin price will continues to rise. So lets all hope that what's happening now will continue in the coming days or months.

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December 08, 2017, 05:09:43 AM
 #2196

holding bitcoin for better future...
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December 08, 2017, 05:28:05 AM
 #2197

people are holding bitcoin due to some reasons like
holding bitcoin is more secure then holding cash.
holding bitcoin is more easy then holding cash.
holding bitcoin is more profitable than holding cash because price of bitcoin is increasing with time most probably due to which your amount in wallet is also increasing.
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December 08, 2017, 05:47:31 AM
 #2198

Most of the folks hold their Bitcoin to from sensible profit. It appears Bitcoin worth are additional high currency days. And additionally folks trust robust embolden security of Bitcoin.
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December 08, 2017, 06:11:19 AM
 #2199


For the time being, the price of bit coin will continue to rise. It would be nice if you wait without selling.
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December 08, 2017, 06:22:03 AM
 #2200

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I'm not sure that you still HODLing those coins but I'm pretty sure if you did, you are not regret with it. BTC having a proven history of holding BTC for long time will not regret.

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