Topic: 67% of Bitcoin Holders Haven’t Sold It, 10% Want to Hold for 10 Years - Survey (Read 440 times)
November 22, 2017, 06:21:59 PM
I am always going to hold some, if it keeps going up hey that makes each coin I have more valuable. But even I have to admit I have sold some before in order to pay for some random crap around the house/bills/etc. But I'll never to down to 0BTC!
November 22, 2017, 06:21:13 PM
It would be interesting to know when did those 67% bought their first bitcoins. I'm saying this, because I think it's a lot more easy to hold now, than it was at the start. Bitcoin is still facing regulation, and we keep hearing those comments on how bitcoin is a bubble and how it will burst, but I think that overall, people trust it more now because there is much more information available.
It's perfectly normal now, to see those stats, and hear investors saying that they are planning to hold BTC for at least 10 more years. On it's early years, I'm sure that a lot of people sold it right away, when it first got to $15 or $20. These are very comforting stats, and I hope that in 5-10 years for now, people will think it's stupid to even consider selling BTC for profit, because it's much better to just use as a normal currency.
It's perfectly normal now, to see those stats, and hear investors saying that they are planning to hold BTC for at least 10 more years. On it's early years, I'm sure that a lot of people sold it right away, when it first got to $15 or $20. These are very comforting stats, and I hope that in 5-10 years for now, people will think it's stupid to even consider selling BTC for profit, because it's much better to just use as a normal currency.
November 22, 2017, 06:20:27 PM
$100,000 and beyond!!!
I am part of the 10% who will hold bitcoin for long term goals. I believe this price is reachable and no matter what happen bitcoin will remain high in value. Look at the people who believe on bitcoin years ago, they are now enjoying the lives they wanted to and i want that things to happen also to me so i will HODL bitcoin for good.
November 22, 2017, 06:15:42 PM
Bitcoin really is more practically used as an investment. Just hold on to it and it increases in price on itself. No rollover or reinvestment required. Even high school kids can do it.
November 22, 2017, 06:13:19 PM
My opinion is that this is very bad. But that is the reality. Most users do expect higher prices and hold their coins. The longer this continues the greater the drop in the price of bitcoin in the future. I wish bitcoin had a stable price and were used as currency. I hope that this will happen.
I agree with you. Bitcoin was created for decentralized transaction. But now bitcoin is not a currency. It's an asset which people invest in.
But I don't agree about price drop in future. All the bitcoin holders won't sell their coins at the same time. There will be demand too.
November 22, 2017, 06:09:57 PM
i'm waiting the day btc will pump at really juicy price. What people will do? sell their btc and make him dump?They will Wait btc reach 1mln? Really hard to say...
For someone and 1k$ was juicy price 
I mean every one decide himself when to sell. I believe those holders are wheals and the biggest percent of them take a part in conspiracy about bitcoin, they probably clearly know what number is going to be bitcoin's maximum and they will hold it till then or to skip the risk till the number around this catastrophic huge price for BTC. November 22, 2017, 05:58:47 PM
Most of us are only holding all the bitcoins that we receive, and there is nothing wrong with this at all, we have the right to do whatever we want, and it is always going to be exactly like it is at the moment, because we all want to see more money into our wallets, not less.
And honestly, i prefer to hold my money on my wallet, instead of having them on cash (anyone can join to your house and steal all your funds)
What an useless post mate, you are really posting this shit in order to get paid on the campaign? i dont even know why they have really acepted you.
And honestly, i prefer to hold my money on my wallet, instead of having them on cash (anyone can join to your house and steal all your funds)
What an useless post mate, you are really posting this shit in order to get paid on the campaign? i dont even know why they have really acepted you.
My opinion is that this is very bad. But that is the reality. Most users do expect higher prices and hold their coins.
November 22, 2017, 05:20:27 PM
My opinion is that this is very bad. But that is the reality. Most users do expect higher prices and hold their coins. The longer this continues the greater the drop in the price of bitcoin in the future. I wish bitcoin had a stable price and were used as currency. I hope that this will happen.
November 22, 2017, 05:13:00 PM
it's a very good survey, in this world there are still many residents other than america who are still on the bitcoin currency to invest long term, and I think with the price of $ 8000 it will keep going up, and I also have not sold bitcoin for the price now, I will wait to really get a satisfying whale result.
November 22, 2017, 05:06:15 PM
I don't think that the numbers of bitcoin holders will reach this high because I think majority of people here convert their bitcoin earnings and use them for their expenses. There are really holders but not this high I think it is more of 30% of bitcoin earners hold bitcoin and the rest are selling their coins especially when the price goes so much higher
November 22, 2017, 04:36:27 PM
This is very impressible, specially for me because i dont trust in this whole system at all, well, i really like bitcoin and how does it works, but i dont trust the idea of have them in your wallet for more than years, who know if a cruzy guy decides to dump all their bitcoins and the price drops fore more than 50% and it never recovers from that dump? it would be a huge chaos.
I would sell most part of my bitcoins at the moment, but i always liked the idea of holding them on my wallet, but i am a little bit anxious about that, and i could never see my portfolio going down because that would tempt me to sell all of my bitcoins.
I would sell most part of my bitcoins at the moment, but i always liked the idea of holding them on my wallet, but i am a little bit anxious about that, and i could never see my portfolio going down because that would tempt me to sell all of my bitcoins.
November 22, 2017, 03:04:43 PM
Wow those are some impresive number, thanks for sharing that information. I think that everyone should hold at least 1 bitcoin in their life!
November 22, 2017, 03:03:25 PM
I am just a newbie in cryptocurrency but this is one of the reason why I invested in Bitcoin. Investors trusts Bitcoin and as long as people are not selling the only thing that will happen is prices will rise more.
November 22, 2017, 03:03:06 PM
Bitcoin is relatively easy tool for everyone to store value, due to limited supply the price will grow over time. It is easy to move or carry BTC - unlike gold or real estates. I plan to hold it for 4-5 years as I expect the price can go over 100k USD and beyond once it gets wider acceptance.
November 22, 2017, 02:59:22 PM
Count me in on that 10%, I'm going to continue buying Bitcoin and altcoins as my investment and hold it for more than 10 years. Also 67% is an encouraging percentage and that is one of the reason why price of Bitcoin is on the rise.
November 22, 2017, 02:29:46 PM
$100,000 and beyond!!!
November 22, 2017, 02:25:20 PM
Congratulations to the owners, it must be hard not to sell after big profits, and especially know how to sell at the right time
November 22, 2017, 02:22:47 PM
i'm waiting the day btc will pump at really juicy price. What people will do? sell their btc and make him dump?They will Wait btc reach 1mln? Really hard to say...
Only some big whales can trigger huge dumps by selling their bitcoin which will be followed by many newbie panic investors and than medium term investors than when core holders or the one who have been holding bitcoin for several years will start to dump than that dump can be really big. However I don't think we will see that anytime soon but every bitcoin holder should remain updated from every market news that can affect the price.
November 22, 2017, 01:26:03 PM
Even i would prefer holding rather than selling not for 10 years but for a year atleast because there haven't been such bad instance that had adverse effect except china case and even the fork was taken off and their has been a subsequent increase in interest for crypto which is not hidden,people are investing in crypto specially in bitcoin,the proof is its growing price.My advice would be hold it and if you want to sell,than sell partly.
November 22, 2017, 01:05:36 PM
That's a really encouraging number. 67% people still keeping their trust on bitcoin is what drives bitcoin stronger. Because bitcoin is backed up by only public trust and this is the only factor that made the market cap of bitcoin standing at 135 billion US Dollars. I am sure every investor has a goal price of bitcoin in mind. Some are expecting $15000 and some are expecting even higher. Once their goal price is triggered they will sell it off and book profit. That's also the normal trend of real-world stock market. Since different investors have a different goal price, we are most unlikely to see a huge pump and dump scenario based on the price fluctuations. The pump and dump situation can be triggered by some different incidents and not by the price.
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