Why is everyone just HODLing? - page 16.

ChrisSand

newbie

Activity: 72

Merit: 0

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.

Actually people were not holding, they are slowly cashing out for the past few months. Just look how the total market cap of cryptocurrency have dropped, from $800B last year it is now down to just $250B more or less.

*I do understand your rant, but you cannot force people specially if they have bought BTC when it was at high. What do you want from them just accept their loss?

leland orser

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

Because bitcoin is still not suitable for large-scale use.
I hope that the lightning network can solve this problem, so that bitcoin will really have the value to use.

mustafizur8400

newbie

Activity: 86

Merit: 0

Every one is very positive about the future growth of Bitcoin. They think price will go higher and higher from time to time. So most of us are holding not selling at this moment. Meanwhile price has decreased as well.

pooya87

legendary

Activity: 3472

Merit: 10611

not "Everyone" is holding. if they were then price would have never moved at all. in fact these days a lot of people (mostly newbies) are selling their bitcoin. and holding is what most people do because of a couple of thins. for example because they don't want to become day traders buying and selling constantly. or when they believe in the long term potential of bitcoin. imagine if you have bought bitcoin last year at $900, you wouldn't care about this temporary dip at all!

paul00

sr. member

Activity: 854

Merit: 257

Quote from: macchiato on April 06, 2018, 10:45:09 PM

Why HODL? Because people don't want to waste their bitcoins. Its price could be so much more if you just wait for it to grow. It is an investment, and investments are meant to be like that. We all want big amounts of money out of our holdings, and it takes the right time to earn it.

Yes your right ever since hodl bitcoin gain alot more youll just have to wait for it to skyrocket and if you are impatient youll regret it someday just what I regret the year when I entered into bitcoin community I did sell my bitcoin in cheap price.

macchiato

full member

Activity: 420

Merit: 103

Why HODL? Because people don't want to waste their bitcoins. Its price could be so much more if you just wait for it to grow. It is an investment, and investments are meant to be like that. We all want big amounts of money out of our holdings, and it takes the right time to earn it.

doaremon

full member

Activity: 532

Merit: 100

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.

You'r question is absolutely ok. It's a correct question.
Just look to your fingers. All of them are not the same. So, all the people in crypto world also not the same. They hold bitcoin to earn money rather than using a currency. I say it's rather a need for them to earn. They buy bitcoin when ther price is low and start to hold it. When it raise then they sell them.
But don't worry I think crypto world will make a good policy to develop crypto currency in future.

PointHope

full member

Activity: 317

Merit: 110

The thing to realize is that while Bitcoin is indeed a global decentralized currency, we are only now entering the early adoption phase. Very similar to the Internet in 1993.
We are about to see a great many changes take place. Bitcoin is the "internet of money", which is maybe the best reason to hodl.

But there many other good reasons to hodl.

Many people fail to understand what Bitcoin represents for the future of commerce and finance.

binhvo1505

member

Activity: 728

Merit: 11

https://streamies.io/

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.

Some people just know that the price of bitcoin will increase in the future, but that's just a guess. Investing in bitcoins is really risky and it is more fortunate than rational.
Bitcoin is accepted as a fiat currency is very difficult. Because bitcoin is unmanaged, its value is dependent on the amount of investors. So its value is not clear and businesses can not use it.

hualangktsld841

sr. member

Activity: 448

Merit: 250

Now the encrypted world is full of speculative bubbles, the entire community is still in the early stages of development, and a large number of projects will take a long time to get into practical applications, but the good news is that some governments and some big companies have been trying.

pimkobai

jr. member

Activity: 196

Merit: 1

In my opinion, people tend to hodl their btc for the reason that this is not yet the right time to spend where btc price has not yet spiked. People made to hodl because they are expecting to gain more from their investment rather than just spend it where that was not reason for them why they had invested.

Sunyoto

member

Activity: 574

Merit: 10

because I do not want my hard work every day gone, so easy, by selling cheap price. I think I will hold my bitcoin for a long time. with a high price. so I have nothing to lose.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

bitcoin currently in my country only consider as digital asset so i can't free use my bitcoin for daily transactions because there was regulation that bitcoin not consider as official currency however regarding your questions that hold is good for those who already buy at high price so rather than being panic and lost so hold your coin and wait until the price recover back is more better

rollingstorm45

member

Activity: 448

Merit: 17

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.

holding is the best way to avoid losses or cutloss
even a real trader or investor, will hold a holding for many years just to save his fortune
of course it all depends on certain considerations

Mia_pikachu

member

Activity: 333

Merit: 11

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.

indeed bitcoin investment can be considered high risk, but that is if we panic and sell it when the price has decreased very drastically, but suppose we wait until bitcoin price l will rise again of course we will not lose, to be able to buy something or goods with bitcoin, only there is a in certain countries.

babarian

full member

Activity: 658

Merit: 100

Quote from: Clover_Faith on April 06, 2018, 06:33:15 PM

Quote from: pealr12 on April 06, 2018, 06:22:51 PM

I still believe bitcoin will bounce back again , im a holder of bitcoin and tokens for almost 4 months and i lose 50% on my portfolio but still a true holder knows whats the best cause big rewards is coming for those hodlers.

Yes you're right every one hold bitcoin for propose becuase of rising price when it comes the time that bitcoin grow up again with a huge price and because of that we can get a huge profit.

I can not figure out, does everyone who holds bitcoin have the same purpose to hold? whether by holding everything will think to get a profit?

pocket_lck

newbie

Activity: 105

Merit: 0

There are still many people who hold bitcoin to expect the price advantage to rise, and not everyone holds the bitcoin, which holds the bitcoin only those investors who invest in the long run, and I often make sales for the needs of everyday life.

aoihs00

sr. member

Activity: 700

Merit: 300

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.

It true fact but its not working the way you are depicting it here! The crypto is backed up by million of people until now and with that said not everyone is HODL type of investors. Most of them are either gambler, trader and liquid investor. This categories them into these title depending upon how they are using the bitcoin for instance! There are only few % of people who actually hold their bitcoin as it is forever. They become the backbone for the market capitalisation of the bitcoin.
About the rest threee categorise, they are their to use the bitcoin, transact it on daily basis, transfer it From one address to other and much more things happening at the same time. I believe everything just fine, otherwise bitcoin would have never reached the current prices, aint it!

sohel436290

newbie

Activity: 182

Merit: 0

I think the main reason for hold Bitcoin is Low price, all the people deserve maximum project but at the present value are not good for sales, but some people are buying Bitcoin and they are also holding for future profit.

rosepetals

full member

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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.

Most people hold because everybody wants huge profit,it can be reachable if we hodl our bitcoins and wait until it skyrocket.Bitcoins can be spend if more merchants would accept it..more merchants that accepts bitcoi are those countries that bitcoin was legalize and adopted.
It can be made in doing fast transactions for sending digital money but most people hold bitcoins for future usage.As of this days there were less merchants around the globe,because of this votality some find it very complicated if they use it as a payment.

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