may i know the reason why holding or transferring bitcoins to personal wallet is a good reason? does it have any good effect to the current price of the bitcoin?
Not sure transferring to their wallet is a good thing cus with less volume there won't be much price movement, but I think the only good reason for people to transfer their bitcoins back to their wallet will be to avoid losing it to unexpected exchange hack, and nothing more.
i think if many people would hold their coins there would be a low trading volume in the market and this will result on slow change on the market and maybe slow progression of the bitcoin's price.
Agreed, because with less volume there's no way the price of bitcoin can surge ahead, since the value is determined by the market and the traders, so holding bitcoins back will definitely hinder it from growing.