Why do thousands of investors hold bitcoin on troubled days?

[mitchr4]

The answer is very easy on that troubled day they buy bitcoin when the price is dumped. At that time their have a chance to buy Bitcoin at a cheaper price. And then hold it until the price goes back up or the problem is resolved. They brave to hold Bitcoin on a troubled day as well because they believe that any problem there must be a solution.

[qwertyup23]

Obviously, those "troubled days" that you are pertaining to are times when bitcoin prices are down, thus making it the perfect opportunity for investors to take advantage of the situation (either due to hard forks, ICO bannings, etc.). Due to bitcoin's decentralized and volatile nature, external factors like the ones I indicated are inevitable in the market since no government entity or being can actually regulate bitcoin transactions. Not to mention, the number of investors who continuously support bitcoin increases per day which give a factor in determining the speculated price.

[Jombitt]

Its simple they do believe with the capability of bitcoin. Those who risk their money on bitcoin and keep HODling since 2009 when bitcoin are created are now millionaires and keep believing that the bitcoin price will still increase as the time passes by. Bitcoin are already tried and tested. The bitcoin fall in price is just a temporary and its time for buying more bitcoins

[in00]

Because the all know that long term vision is important and bitcoin will hit 10000!

[Cherylstar86]

Obviously, those "troubled days" that you are pertaining to are times when bitcoin prices are down, thus making it the perfect opportunity for investors to take advantage of the situation (either due to hard forks, ICO bannings, etc.). Due to bitcoin's decentralized and volatile nature, external factors like the ones I indicated are inevitable in the market since no government entity or being can actually regulate bitcoin transactions. Not to mention, the number of investors who continuously support bitcoin increases per day which give a factor in determining the speculated price.

That makes sense to me. For me,thousands of investors hold bitcoin on troubled days for the reason that they don't want to get a very low amount. Of course that's an investment so they have to think a better plan not to sell it right away. We can't expect any situation that becomes easy when troubled days hit. Therefore,holding bitcoin is the best solution during that time and it can save your bitcoin's amount despite the changes of flow of price.

[Ingoats]

Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

They are holding because they are awared that Bitcoin is volatile which means, it is normal for its market value to fall. So they don't panic at times like that and in fact, there are investors that are buying Bitcoin during the dumps to also hold it and earn huge profit when its value rises.

[FasTroy]

Because the all know that long term vision is important and bitcoin will hit 10000!

Of course they know that one day bitcoin will reach the 10000$ level and i think it's soon. Nowadays we saw that bitcoin price increase from 5000$ to 6000$ too quickly. So i think now people know the value of saving bitcoin in a long term.

[mrfaith01]

Thousand of investor hold bitcoin on troubled days because they know that the price of bitcoin will eventually go high to they choice to hold their bitcoin..they have a patient and they can control their self not to sell it

[Butchick]

By troubled days i assume you mean when bitcoin value is on a down low. With this, its quite obvious why these investors hold on to their bitcoins and that is because they will sure lose some of their investment if they don't. Hence, they hold on to it and wait until the value pumps up which it surely will but as to when is uncertain.

[dothebeats]

Because we're smart enough to think that price drops are opportunities to further increase our profits. Only the faint hearted are selling their bags at a discounted price, whereas the smart guys picks these bags and patiently waits to resell at a higher value. As the saying goes buy the rumor, sell the news, everyone can apply this only if they aren't too scared to risk it.

[JohnBitCo]

Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

I think those people are aware about its value. They know its the only currency work world wide and it have no fix price. When the price fall down they hold the bitcoins until it go up and this is how trade works and how the people who have bitcoins are earning. Those who do not follow this trend and scheme, often get panic when price is low and sell at a loss.

[Vannie12]

Because bitcoin is much safer to hold especially during forks and fud.  Bitcoin spreads to different countries with millions or more users. Unlike altcoins that most likely to get dumped. Bitcoins during fud can drop price but never go flat zero as it is used more, its demand is higher than any coins and not every single users will just restrain themselves in using it. Altcoins are good for profits in such a quick time but in holding, much better to go with bitcoin.

[yugyug]

the troubled days are the fearful days , and this is the quote from an investment guru Warren Bufett "be greedy when others are fearful and be fearful when others are greedy". in the times of gloomy days or the dipping price of bitcoin it is the best to hold and buy more bitcoin because some of the new players are fearful because what comes into their mind that the bitcoin is going to collapse and this is where the FUDding comes in, if they can't control their emotion then they are going to sell off their bitcoin and let it go and buy again when the price stabilizes but that's the wrong way they did, the shorter you hold the more losing you will get.

[bitalive]

because investors know how bitcoin work. if bitcoin is down, they buy more for the future.

[Sir Cross]

The answer is very easy on that troubled day they buy bitcoin when the price is dumped. At that time their have a chance to buy Bitcoin at a cheaper price. And then hold it until the price goes back up or the problem is resolved. They brave to hold Bitcoin on a troubled day as well because they believe that any problem there must be a solution.

I agree with your answer. When bitcoin experiences troubled days, the price gets lower and it allows the buyers to buy at a lower price. They are confident that the price and value of bitcoin will get higher in the future so investors continue to hold bitcoin despite experiencing frequent decreases in price. They know better than those who panic sell and they have high hopes for the potential of bitcoin. If they choose to sell it prematurely, they will regret it because they could get rich by holding bitcoin for a long time.

[sportis]

Before bitcoin era investors had as a safe heaven gold on troubled days. Today there is the 'digital' gold; regardless of its variability no one can question its worldwide credibility.

[J Gambler]

Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

Its because they dont want to engage on a panic selling and tegret their decisions later. WIth bitcoin and with its trends. Seasoned i dividuals who are well versed on the unpredictability of bitcoin will often teach patience when it is on troubled days.

[serjent05]

Best reason for that, is to avoid a loses during troubled days.  Price of Bitcoin plummet during these days and most of weak hands are selling, instead smart guys tends to buy more and sell them when price recovers. Since smart investors study their game thoroughly, they know their cards well.

[Nawaytes]

Troubled days? do you mean this is about bitcoin hardfork? or why they hold their bitcoins when bitcoin prices fall?
I think most people would choose to hold bitcoin on both occasions.
The first is, because there will be free money from bitcoin hardfork, if you save a large amount of bitcoin then you will enjoy a great profit without doing anything.
When bitcoin prices fall, many people will buy bitcoins and hold them for a good price.
If you already bought bitcoin at a high price then the price will fall, would you sell your bitcoin cheaply? I don't think so.

[yonjitsu]

That's the essence of hodling bitcoin on troubled days and i think they are the real investors or the investors who has the heart to take risk, in my opinion. They are hodling it because they know that its market value would rise again soon. But they are of course risking their bitcoins too for selling it low if its market value will never rises again. But that case is something that is very unlikely to happen in the history of bitcoin.