Topic: Why do thousands of investors hold bitcoin on troubled days? - page 14. (Read 2514 times)

Are you a supporter of conspiracy theories? Banks will never be able to have control over the cryptocurrency. Yes, they can restrict the exchange of bitcoins for Fiat but more they can not do anything. The banking system will exist as long as the state supports it and robs the people with the help of bankers. Bitcoin will be under attack until he does not become a full-fledged currency.

No kidding, and I could have sworn it was a copy paste, but it looks
like thatt not the case.   Anyway, the banking system isn't likely to collapse
in our lifetime.  They'll figure out a way to subsume crypto and profit from
it, and all these idealistic young millenials will eventually turn into the next
generation of capitalist bankers, just like the hippies.  Can't wait to see what
bitcointalk will look like then.  Signature campaigns will probably be closed
to foreigners and people will have to fill out tax forms before getting
accepted into them.

Your reason do have relevance with growing trend of Bitcoin and its backing in troubled days but still "Attraction towards returns/profit" is bigger reason than "Attraction towards new technologies" for its fast growing popularity. You can't say all the investors of Bitcoin are youngsters but people from all classes are now interested in Bitcoin and investing in it enthusiastically.
Bitcoin is no more a too shiny investment that conservative or traditional investors fear to pick. Rather it is more solvent to be a part of everyone's portfolio on the basis of its proven past of giving return.

What else would be the right thing to do during these "troubled days"? Of course they would hold, they would even try to buy small values as it continues to decrease. This is a good and common thing to do so that you'd have more profit than your initial investment alone.

I think they were holding bitcoin on troubled day because they believe on the stability of digital currency in case of emergency. Since it is the first digital currency that we had most investors will be encourage on the safety that it brings than having an actual cash investments. In here your investment is safe once you know that you own account if fully secured. Currently it has a harder way to be hacked by other people unlik all those traditonal currencies where can be gone from us despite our refusal.

Younger generation are more attracted towards bitcoin as they find it as an innovative technology which gives them new earning opportunities as well as freedom from traditional banking sectors.Most of people have started to realize and enjoy freedom of power with bitcoin.They are able to analyze the previous price history of bitcoin and find it as an ever growing investment despite problems it has faced.People who have already suffered from economic crisis and government policies find bitcoin to be a safe haven.That's why,they feel comfortable in holding bitcoins even during worst situations as they don't want to once again get in to trap of old traditional money system.

I do not know what trouble days mean yet I guess it is when the price dumps. Investors hold more and even buy more of bitcoin on what you call troubled days because it will give them more profits when the price pumps again. Most specially if you are a day trader.

Yet if you mean by trouble days when there are a lot of problems coexisting at the same time. I guess it is a reverse psychology they hold because they think it will soon go up inspite of a lot of negative news or people make the coins value bleed.

If you mean that if the bitcoins have fallen, why are they more likely to hold them. The answer is simple as they wait for it to be sold. So when they fall they will buy them so they earn more. That's where trading is running. Buy low and sell high. And it really is true that my friends are rich because of this. And not just bitcoins are their trading and altcoins that make them easier to earn

By Troubled days, am sure you mean when the price is low.
That's the way trading works, when you buy at a high price and it later drops down, you just hold till when it comes back up.
And Bitcoin always goes up easily, it doesn't stay down too long.

they are not aiming nor investing in bitcoin for a short time ! they are looking with this for a long term investment so thay are not threaten with those troubles!

You can aleays relate it on our real daily lives.
Such as what comes after a storm,  its sunshine.
Just like in bitcoin,  it can really drop a huge amount in price but true believers will always know that this will not last forever.  One way or another bitcoin will always be able to bounce back.

OP, your post is a bit of a mess to figure out... but it seems as though you are analysing why investors are buying and

holding bitcoins, even though traditional methods are still used. I think people find Crypto currencies interesting, because it

is still very new and innovative. It has also made some early investors very rich, so they are hoping they could come in

early enough to have this same success. 

because more investor they know how bitcoin work..if bitcoin is down they know this is pump faster so they can hold even in dump is to low..

Investors and bitcoin owners must have their way to survive and keep bitcoin for a very long time. they are the ones who dare to take risks by entrusting entirely to bitcoin. the growing interest of investors like young people in this millennium era can ensure that in the future bitcoin will be increasingly in demand. so for those who want to hold bitcoin then they are sure of what they are doing.

because they know,that bitcoin is the only only online currency which moves faster day by day to generate profits.when an investor invests in it,if its price goes down then they hold thier shares for some of the days and buy more and more share and as the price moves towards up,they sell their share and makes profit.i think the only way to maximize profit

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.