Why hoard Bitcoin?

[mjsocool]

Bitcoin is the king of cryptocurrencies. Storing bitcoins is safer than all the coins in the world. If you want to take a risk and trade your wealth, you can hoard altcoins. But for me Bitcoin is the safest haven

[Mr.sprin]

I keep bitcoins because I believe the value of the money will increase and so far this has been proven. In fact, I prefer to save money in bitcoin rather than our local bank, because if the local bank money will not increase and there is often a monthly fee deduction. So I believe bitcoin to be a good storage so far in my opinion.

It's true, my friend, saving money in bitcoin is very profitable compared to saving money in a bank, but it's also important to know that the risk is also big. The crypto market is uncertain at any time, the price of bitcoin can fluctuate because bitcoin is basically unstable,

[Assface16678]

Hoarding BTC is an excellent choice specially when you are looking forward to the future. You can also check out other coins when hoarding in and buying at its lowest price is always the best. With a good research and knowledge about btc, you can always save your money and buy it at Dip, so that you can maximize efficiently your profit.

[Hamphser]

I keep bitcoins because I believe the value of the money will increase and so far this has been proven. In fact, I prefer to save money in bitcoin rather than our local bank, because if the local bank money will not increase and there is often a monthly fee deduction. So I believe bitcoin to be a good storage so far in my opinion.

It's true, my friend, saving money in bitcoin is very profitable compared to saving money in a bank, but it's also important to know that the risk is also big. The crypto market is uncertain at any time, the price of bitcoin can fluctuate because bitcoin is basically unstable,

This is why invest on the amount that you could afford to lose and dont risk much specially your emergency funds or savings which you would really be putting yourself in soo much trouble if you did this.

We have seen on how Bitcoin did really soar up high but earlier years we didnt really realize nor anticipate for these things to happen but for those who did take risk then they did really make out some profits.

So its up on someones personal choice whether they do hoard and hold or simply make out some active trades or simply ignore because they dont really have any idea or just scared at all.

[perryxi2]

Bitcoin becomes valuable, which means that people don't like using it as a currency and instead prefer to use it for long-term gain. Bitcoin hoarding is the best way to help the economy Cryptocurrency development. It can be beneficial in the short term to help increase the price by taking those coins out of circulation, and not dumping this will cause the price of BTC to go up.

[witcher_sense]

The main reason for people's desire to hoard more and more bitcoin is that such behavior is economically rational. People act in accordance with their self-interest, and they know that bitcoin is getting more and more popular due to the robustness of its monetary properties. The combination of these important factors makes people reasonably assume that bitcoin's price will grow as long as everyone acts rationally, which means everyone will tend to choose the best monetary asset there is. It is also a well-known fact that bitcoin is best suitable for storing value, and given that people want to alleviate the uncertainty of the future they will hold a currency that is out of control of the government.

[Dhoe]

the reason I hoard bitcoin, because I believe bitcoin can make my life better, because I believe bitcoin is a long term investment, I will continue to be patient no matter what happens, because I believe I have nothing to lose if I hoard bitcoin, but if I am told to buy using bitcoin, honestly I would never want to, because when it comes to buying and selling I still believe in fiat currency..

[nurilham]

people tend to hoard bitcoin because they have a desire to sell bitcoin at the highest price. if we examine further, it can happen but it takes more time like a long term investment. it's good if we are patient to wait and don't panic about the ups and downs of the crypto market. for people who hoard bitcoin they believe that the price of bitcoin will get higher over time and that is very likely to happen. But remember, you have to stay alert and be careful in making decisions so you don't get disappointed in the future.

[Farma]

people tend to hoard bitcoin because they have a desire to sell bitcoin at the highest price. if we examine further, it can happen but it takes more time like a long term investment. it's good if we are patient to wait and don't panic about the ups and downs of the crypto market. for people who hoard bitcoin they believe that the price of bitcoin will get higher over time and that is very likely to happen. But remember, you have to stay alert and be careful in making decisions so you don't get disappointed in the future.

hoarding bitcoins is tantamount to holding bitcoins and storing assets in bitcoins. Seeing the profits of people who have held bitcoin to date, makes me feel that the reason for hoarding, or holding bitcoins long term is to make a big profit, and that has been very evident. It's just that, people are afraid of the risk that the bitcoin price will dump, and so on.
however, people hold back on it because of its potential which can be expensive. even today, it is likely that many people are hoarding bitcoins to see the $100k price hit.