Why is everyone just HODLing? - page 10.

Suffoc8

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Quote from: LtMotioN on April 06, 2018, 06:09:15 PM

Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.

Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.

Everyone is holding their bitcoin because I think it is a strategy to the success, they usually hold because of some factors like the price of bitcoin is decrease so they will hold it so that it will not be loss for them.

hardtargetbtc002018

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Activity: 173

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Quote from: LtMotioN on April 06, 2018, 06:09:15 PM

Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.

Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.

Yes of course almost all investors buying bitcoin are now holding and waiting for the bitcoin to rise up so they can sell it in high price to make a good profit.

florinda0602

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Quote from: btc1 on April 08, 2018, 02:20:07 PM

Quote from: U20 on April 08, 2018, 02:01:35 PM

simply; for the price saw the maximum. people are still waiting for the price to rise again. Otherwise, holding it can not be another mood. Sad

Of course, but a lot of people are deceived about bitcoin and they sold a few weeks ago when we touched $10,000. Nowadays the price is extremely low, i would not even bother myself to sell a single coin, because it is a waste of time. We all must hold, otherwise, we would lose everything.

It is just a form of strategy because the price of a bitcoin nowadays is very very low, and if we sell our bitcoin now we will loose profit, that is why most of the investors here just holding their coins and wait for the right time to sell it.

nene14

newbie

Activity: 54

Merit: 0

For me, nothing wrong about holding bitcoin, actually im one who holds too. As long the value of bitcoin is volatile much better to holds it, we're waiting to get the high value of bitcoin,then sell it, to get the best value you should hold wisely..

arcanayou

member

Activity: 150

Merit: 10

I am a person who includes hold bitcoin, I believe in the strength of bitcoin that will return to a high price, if we look at the bitcoin price graph, it is not impossible. bitcoin has had some difficult times, but it can bounce back even beyond our expectations. there may be some pessimists with bitcoin, but I believe bitcoin can create new hope in terms of transactions around the world

Bestthefriend

newbie

Activity: 97

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A lot of people have lost so much money and if they sell now that means that their money are all gone and there is no way to get it back so holding is best until prices go back up.

george888055

sr. member

Activity: 574

Merit: 250

I expect Bitcoin to become worth a lot in the long run, so in the meantime, it is both a currency and a speculative investment. And I don't like nor trust the banks, insurance companies, unions or any other thing like that.

monopoly_live

newbie

Activity: 21

Merit: 0

I’m hodling because I believe in btc and crypto

EmJay

full member

Activity: 563

Merit: 102

Because we believe that it is not worth to sell right now but rather it is worth to hold. As the price of bitcoin now is low. We are waiting for the right time to sell or fto long term investment.

CryptoSmile

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Quote from: hosseinimr93 on April 06, 2018, 06:18:40 PM

As long as the price is volatile and bitcoin is not used in payment systems, people prefer to hold their bitcoins. Even if they sell bitcoin, usually they don't sell it to buy something, they sell it for fiat. Because they want to cash out their profit or they are panic selling.
Using bitcoin as a currency is great. But in my country I cannot use it to buy things. And I think most of the countries are same as my country.

Basically people hold bitcoin for several months due to high or better profit target in the future. Because of price drop and btc holders have not got any profit, they must be patient to wait for price to rise in order they can get profit as expected. Sometime they can sell bitcoin to exchange into fiat money to buy something needed in the market. So the main motive to hold bitcoin is profit motive as they want to get in the future.

Aldrinx00

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Activity: 882

Merit: 13

There are right time to hold and right time to sell. I don't think most bitcoin users are just holding forever, most of them are waiting for the peak then sell and then buy back at dip. When you are at loss it's better to hold and wait for the price to increase.

CoinboyBebop

member

Activity: 238

Merit: 10

Everybody is posting herre around to hold their coins. But just a few people are doing this really. The most people here in cryptocurrencies are really weak hands who buy imidietaly when they hear some fud news. Thats why the corrections was so hard. If theres more stronger hodler community, the coins wouldnt dump that hart. So for me thats really disappointing that the community here is so weak. I hope all the weak hands got out of this game, that would be better for all of us and the value of the coins and tokens!

costanos02

jr. member

Activity: 518

Merit: 6

Everyone hodling there tokens because of practical reasons, people who hodl tokens believe that time will come tokens is more valuable, another reason could be token holder still waiting the time that bitcoin can be use in daily expenses.

VIC-btcforum

newbie

Activity: 40

Merit: 0

I completely agree with you. Sadly all these cryptocurrencies are not viewed as currencies or as an alternative currency. They are viewed as assets and people and investors are holding for the price to grow so they can sell on a profit. Most of them bought at a higher price then it is today so they wait for the price to ounce back again.

akristofor

newbie

Activity: 53

Merit: 0

Because if you try to adapt to the market, then you just lose everything.
There are too many speculators on the market who try to play on your fear

hibiscus

newbie

Activity: 217

Merit: 0

Every one is holding the bitcoin because the present bitcoins position is not good for redeem it since the market is dropping. One who is possessing the bitcoin concerned it is not a good time for sell it. .Naturally he has to hold the bitcoin till his projected target is achieved and the dropping market is good for buying it. The person who is holding the bitcoin might be a real and wise investor, who might be confident of holding it till the market is reached to his required level.

JamesLizu152

newbie

Activity: 10

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Everyone hold their bitcoin because they think that the price of it will rise up. they hope they will get more profits.

pdutta

copper member

Activity: 616

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I think holding of bitcoin is the right choice because the market value of bitcoin is low from last couple of weeks. I believe that bitcoin market will stabilize. People see bitcoin as a source of income by buying or investing bitcoin and wait the price to get high and make money through selling bitcoin again.

Kiweikoo

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Activity: 1036

Merit: 500

Quote from: Janpura on April 07, 2018, 06:19:16 AM

Quote from: LtMotioN on April 06, 2018, 06:09:15 PM

Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.

Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.

Everyone have the right to hodl thier bitcoins, especially when the token was dump, think before it sell instead of selling at lower price HODL it until bitcoins pump up.

The most basic reason behind holding of the bitcoins and other crypto coins at this very moment is the decrease in the market value of all the coins and because of which, everyone is trying to be extra protective as they know this fact quite well that if they plan to sell their coins now, then they will only suffer a huge loss and that nothing good will happen and they will only regret in the future.

btc1

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Join Ixinium

Quote from: U20 on April 08, 2018, 02:01:35 PM

simply; for the price saw the maximum. people are still waiting for the price to rise again. Otherwise, holding it can not be another mood. Sad

Of course, but a lot of people are deceived about bitcoin and they sold a few weeks ago when we touched $10,000. Nowadays the price is extremely low, i would not even bother myself to sell a single coin, because it is a waste of time. We all must hold, otherwise, we would lose everything.

Topic: Why is everyone just HODLing? - page 10. (Read 1343 times)