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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)
aannnttoo
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December 11, 2017, 01:25:52 PM
 #2241

 because bitcoin is a good source of investment. There  is a possibility  that the price of bitcoin will increase  day by day in the near future.It is the good place to save money and double in your money in a short term and long term
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Ranly123
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December 11, 2017, 01:26:41 PM
 #2242

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

I think people are waiting for a massive rise of bitcoin and today is still not enough for them to say thats it, im fine with the price. With the prediction of some top businessmen in the world that bitcoin might rise up to $45k next year, it is very wise to hold bitcoin as long as you can to profit big when you are ready to harvest what you sow in bitcoin.

Tatalk
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December 11, 2017, 08:38:10 PM
 #2243

Everyone in this world wants his/her profit. Everyone wants to earn more and more money and wants to live a luxurious life and the other name of luxury is BTC. The person who is investing in bitcoin is living a luxurious life. There is a saying, HOLD IT TILL YOU BROKE IT, ie hold of keep the thing with you, until you feel your profit. The same thing is applicable in case of BTC. Any wise person would hold BTC because, I thing now everyone knows about inflating valuation of bitcoin and all wants to earn a great profit and there are several predictions even that the valuation of BTC might pump to several thousand dollars, so every bitcoiner is holding BTC to enjoy a good profit.

moli1
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December 11, 2017, 09:48:54 PM
 #2244

Everyone in this world wants his/her profit. Everyone wants to earn more and more money and wants to live a luxurious life and the other name of luxury is BTC. The person who is investing in bitcoin is living a luxurious life. There is a saying, HOLD IT TILL YOU BROKE IT, ie hold of keep the thing with you, until you feel your profit. The same thing is applicable in case of BTC. Any wise person would hold BTC because, I thing now everyone knows about inflating valuation of bitcoin and all wants to earn a great profit and there are several predictions even that the valuation of BTC might pump to several thousand dollars, so every bitcoiner is holding BTC to enjoy a good profit.
Agree with you!  Wink those buddies who hold BTC for 2 years now they are living blissful life and still investing on other good projects.
we have not miss chance yet .. we can buy Bitcoin and get huge profit in next year.
well Bitcoin hitting $18,000.. i remember that i seen this Bitcoin at $420.. i said to other that Bitcoin very expensive...
Now Bitcoin more expensive than both Kidneys.  Wink
ShortCoins
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December 11, 2017, 09:49:26 PM
 #2245

Most of the people who haven't cashed out yet are delusional, inexperienced, or afraid of missing out on profits
teddyelwyn
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December 11, 2017, 10:04:34 PM
 #2246

I think most people are feeling it out. my strategy is to sell part of it now since it's through the roof and HODL the rest.
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December 11, 2017, 10:14:32 PM
 #2247

People holding their bitcoin when the price of bitcoin is going down in the market and they wait until the value of bitcoin will rise up again. Bitcoin is good purpose of investment in the market.

Tantalala
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December 11, 2017, 10:18:46 PM
 #2248

They assume that bitcoin will grow in the next 3 or 4 years, like the way hi didit in the last 3 or 4 years. Everyone are standing on their position and waiting for bitcoin to have a big impact on their lifes.
Famnant
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December 11, 2017, 10:25:18 PM
 #2249

Because it rises up more than it drops, they are all convinced that even if the Bitcoin falls down it will Defintely go up and even more than never before. so People are not more afraid when the Price of BTC goes down.
BitcoinBlack
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December 11, 2017, 11:13:26 PM
 #2250

They are seeing at as long term investment, as early adopters got it from price ranging 0.10$ to 9-10$, and got insane return on their investments, current investors are hoping that the same will happen to them as well, who knows bitcoin might go up to 50k - 100k or might even crash tomorrow. There is huge media attention at the moment so it has potential to grow more.
pratik._.
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December 12, 2017, 06:08:25 AM
 #2251

People are holding Bitcoin because as we all know there is a great hike in the price of btc which made there investment at great profits so they are waiting for more hike in price. So more profits
carelessboy
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December 12, 2017, 06:52:11 AM
 #2252

We know every people goal income money .Bitcoin price day by growing.so people think if Bitcoin hold for some Month and future.people earn good profit and make people

dysbulias01
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December 12, 2017, 07:24:39 AM
 #2253

because they are waiting for price goes up and then selling their Bitcoins.
Jingjing12345
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December 12, 2017, 08:21:27 AM
 #2254

People are holding bitcoins because they know that the price will go up. It goes down but it will eventually rise up again and exceeds its last price. So if you hold your bitcoin now the big profit will surely come in the near future.

C
Finally C is!!!
ColdShoulder
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December 12, 2017, 08:38:37 AM
 #2255

Its digital cash that you can use to buy stuff.
OFID
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December 12, 2017, 09:08:22 AM
 #2256

Gresham's law. Bitcoin is driven out from circulation.
chiefthor
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December 12, 2017, 09:15:58 AM
 #2257

Obviously for profit or income purposes
Jonsnowstark
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December 12, 2017, 09:18:18 AM
 #2258

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

People are holding bitcoin because as you can see, the value of bitcoin has been increasing. There may be some instances wherein it decreases but if you look into it in a timely manner, the trend is just it keeps getting higher and higher. The more vitcoin you hold the more profits you will reap.

ridhonofri23
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December 12, 2017, 09:25:07 AM
 #2259

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
because according to them the bitcoin can make their future better. Maybe what they think that there is a point, because I think it is a promising future btc

BORDS
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December 12, 2017, 09:38:13 AM
 #2260

People holding bitcoins,because bitcoin price is increasing fastly.Nowadays bitcoin prices increasing.And they know they can have a higher profit through holding bitcoin.
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