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Topic: Why do thousands of investors hold bitcoin on troubled days? - page 9. (Read 2492 times)

full member
Activity: 350
Merit: 100
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Because bitcoin has been tested and proven that it is a strong cryptocurrency.  It has ups and downs, issues about its legality but despite all of it, bitcoin price goes up and still gets many support.  And those people still holding into bitcoins because they are positive.
full member
Activity: 364
Merit: 100
I think it is true that big investors whose are holding bitcoin in the trouble days. Investors look at the future of an investment they are the analyst and they knows that it is a bubble or reality that’s why they are patient and wait for the right time. Thousand of investors are holding a huge amount of bitcoin.
sr. member
Activity: 652
Merit: 250
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The main and the only reason why investors hold bitcoin on troubled days is because they are waiting for the best time to invest them . They wait for the bitcoin price to get high so that they can invest wisely on them . The price and  value of bitcoin is ever changing . In the  past week , everyone has witnessed a vast hike in the value of bitcoin , these type of days are the days investors wait for .
jer
jr. member
Activity: 56
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Because the present bitcoin has not yet arrived. While we can accumulate money, investing in it, and watch the growth schedule. It is irrational to pay for small purchases for bitcoins. Remember the guy with the pizza. Save bitcoin to the future, its potential is much greater.
member
Activity: 153
Merit: 14
SOLARIS COIN
its simple because they are believers of bitcoin and they trust it to appreciate its price over time through the increase of its users and widely acceptance in the different areas of the world bitcoin will really give you profits, and its really good to buy when their is a threat because its really low
member
Activity: 84
Merit: 10
Because they wait for the BTC price to rise again. They have faith in bitcoin and that is the most important
hero member
Activity: 661
Merit: 500
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.
Bitcoin was quite unpopular, no one really expected it to rise to such heights. Investors are holding it as the value of it just skyrocketed and even after china's banning the impact hardly made a difference, this also applies to the reason of btc becoming one of the most popular cryptocurrencies in the market today.
hero member
Activity: 1428
Merit: 653
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People hold their bitcoins even during the troubled days because bitcoin is the only investment which has a past of bringing investors not only the guaranteed returns but also the returns have been too big. Bitcoin has sustained the test of time and if the past records are anything to go by bitcoin investment and the returns on it doesn't seem to get stagnant anytime soon. That's why investors don't seem to have any problem in holding their bitcoins in troubled times.
sr. member
Activity: 672
Merit: 250
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 hold on troubled days because they don't want to lose. No matter how dip the bitcoin's price is, you will never lose not until you sold it.  They of course believe that bitcoin will soar high in future despite the ups and Downs. Bitcoin is unstoppable and will be known someday in the whole corner of the earth.
sr. member
Activity: 1792
Merit: 264
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.
It is more profitable to turn all the money into bitcoins than to leave it in the bank. But this is really a bad to everyone considering altcoin as a way to keep the money, the banks may disappear.
already a lot of evidence someone can become a millionaire because they have invested in bitcoin so that it can be used as assets of deposits in the form of digital currency that can be profitable to serve as a form of investment. there may be some people who believe they keep their money in bitcoin because they can see the price movement of bitcoin so quickly that it can be very profitable to be a future savings, but it will not make the bank disappear its existence, because bitcoin will not grow without any cooperation from the bank itself.
full member
Activity: 182
Merit: 100
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.
It is more profitable to turn all the money into bitcoins than to leave it in the bank. But this is really a bad to everyone considering altcoin as a way to keep the money, the banks may disappear.
sr. member
Activity: 378
Merit: 250
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.

They are holding the coin on troubled days or when the price is low and they are even buying more because they trust that it will recover and even go high. Most of this investors are experienced and has spare funds that can be used for it. They know that whenever the price goes down it will recover and they will even earn more by buying more during the dump.

The fact that they have invested to bitcoin it only means that they believe in it.
full member
Activity: 714
Merit: 100
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.

Because some of them are battle tested that they are already experienced lot of bitcoin crisis like China Ban and JP morgan criticism that after a sudden drop still they believed that it is only temporary and they have proven themselves correct for many times of those difficult situations. Even this coming SegWit2x, i believed that a slight decrease of bitcoin value will going to happen because lot of holders are going to hoard.  
sr. member
Activity: 644
Merit: 261
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.

Your title and your content are two different things, but never mind it's true that bitcoin is growing in volume and that's it's huge but that's only valid when you're in a Bitcoin community, go outside and you'll yet see people are not ready to accept bitcoins, I am huge supporter and so far I have turned many into Bitcoin users, but then it's yet difficult to get a 100% consensus on bitcoin, I don't see banking system going away, sooner or later they will learn to coexist. It will take a few years before Bitcoin becomes the only saving mode.

Since we are already in the crypto world, it seems so easy for us to think that many people are already making bitcoin as their alternative retirement savings but if we look at it in the bigger picture, many people still don't know the existence of cryptocurrencies. Some knew the existence of it but still doesn't want to get involve because of their first impression of it being a currency use for illegal activities. As for us who are already in cryptoworld, majority of us have bitcoin savings because of the possibility of it increasing in value in the years to come compared when saving in banks or other traditional investment like stocks or bonds.
hero member
Activity: 2646
Merit: 686
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.

Your title and your content are two different things, but never mind it's true that bitcoin is growing in volume and that's it's huge but that's only valid when you're in a Bitcoin community, go outside and you'll yet see people are not ready to accept bitcoins, I am huge supporter and so far I have turned many into Bitcoin users, but then it's yet difficult to get a 100% consensus on bitcoin, I don't see banking system going away, sooner or later they will learn to coexist. It will take a few years before Bitcoin becomes the only saving mode.
sr. member
Activity: 322
Merit: 250
Because they know the potential of Bitcoin and they believe in it. For now you can take a look at Bitcoin price and know that their decision is right or wrong Smiley. Bitcoin has very good potential and it'll be more than 10k$ very soon after the hard fork next month. If Bitcoin price dump to 4k$ or maybe 3k$ at this time I think people still keep buying more cause after few days dumped Bitcoin price will be rise back very quickly.
full member
Activity: 476
Merit: 100
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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.
sr. member
Activity: 476
Merit: 255
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.
legendary
Activity: 2884
Merit: 1258
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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.
hero member
Activity: 910
Merit: 500
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.
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