Topic: Why is everyone just HODLing? - page 3. (Read 1343 times)
bitcoin revolution changes over time. yes, basically as you say. become a transaction tool like local currency generally. but time has changed and bitcoin causes to be a very profitable business. the demand for the market is getting bigger because that's why many people want to keep it for higher value.
and this is very reasonable not if you want to profit from the engagement on an investment or trade.
I believe that not everyone is HODLing, as people are scared. Well, I am a big believer and I am HODLing, if you don't feel comfortable you should probably decide what you want to do next
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.
Because everyone believes that bitcoin will recover its former highest price and it will greatly affect their investments positively with a possible returns of more than 200 percent of their investments if they wait for that particular moment so instead of just panicking and selling their bitcoins they tend to just wait and hold for the market to turn green.
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.
I remain in the same belief, since price of the tokens were slowly incrwasing I believe Bitcoin will be after the same thing, and working hqrd than complaining is something worth it than being in the Blockfolio checking the price from time to time, cause the opportunity becomes lesser and people here were getting bigger and that's because Bitcoin is now being popularized in social media and televisions.
Everyone is not just HODLing as you said. If everybody is doing that, you will hardly see people selling bitcoin or other cryptocurrencies and as a result they will become very scarce and the price will go up tremendously. As we speak, you will see several sell orders of various cryptocurrencies but where holders are recklessly selling, there will be an issue of price fall. The fiat money we often spend also has to be scarce for it to have value.
Bitcoin is the market leader and most influential in crypto market.And it is the most popular crypto currency worldwide.Yet, a long long way to go. But, we should not be emotional towards bitcoin that it will be No1. Rather we should focus on its prospects and potentials like block chain technology decentralized nature etc.If we consider the future prospect of bitcoin in light with it's current position, demand, technological features and long term potential, certainly long term investment in bitcoin is better.Thats why everyone is trying to hold it.
Bitcoin areas at a high price to wait to raise prices in order to make money.
The prices were very low. Those who invested in Bitcoin were hurt. If you want crypto money at low price they can sell.
The prices were very low. Those who invested in Bitcoin were hurt. If you want crypto money at low price they can sell.
I still beloeve that bitcoin will go up again because bitcoin is now getting popular and more investors will come.
holding is number one priority to all traders and investors if you want to no lose your investment.
that is my only option to defend my capitalize in the cryptocurrency.
that is my only option to defend my capitalize in the cryptocurrency.
The speed of bitcoin transactions is artificially constrained as digital gold is made of it. You don't count on gold in the store, do you?)))
Hodling indeed does not add anything to bitcoin, that's a fact. The community should further develop bitcoin, so the value increases. But that's easier said than done. On the other hand hodling bitcoin and hope the price will skyrocket looks like the easiest way to make profits, but that could be nerve wrecking.
In this long experience, investment encryption should be long held rather than short-term.
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.
Probably,most of the people are holding because they don't want to miss the chance of earning bigger profit in the future given that the market value of Bitcoin is continuously growing. Bitcoin is not yet legal to most of the countries so there are still people who are limited to not be able to use it as a currency. So investment is their way of making use to Bitcoin and there's nothing wrong with that. 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 who knows how to read the market, the annual cycle, graphics and other analysis then they will still hold all the assets they have. They believe that in the future Bitcoin will rise to the previous level, even many experts predict at the end of 2018 Bitcoin will touch the price of $ 30,000.
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.
The OPs question was why are people holding the cryptocurrency and not using it as described in the original manifest. He is suggesting that people use it for transactions and not whether the price will bounce or otherwise. Anyway, the OPs question has already been answered by some of the other replies.
i think there are 2 reason in this case when people buy it in a high price during price fall people will be panic so they want to hodl or another one for longterm investing
Holding bitcoin would be depend, if you are after the income in the present then it is necessary for you to trade bitcoin but if you are after the income for your future then holding is a better way, and you can do both things at time, so just do them both if you have time.
Btc demand in the crypto world is widespread.Everyone rides behind profit.Btc is good for long time investment.And long time investment is to hold on.That's why everyone is just holding.
Because i buy at a high price =)). Many people, like me buy many crypto at high price. One of reasons is a new- that many people tell about Bitcoin: "Bitcoin is 25000 $/1btc at Q1 2018, and more in 2019,ect". We believe in bitcoin and buy them early. And the trust is... I think you know =))
I will hold BTC and altcoin until end of 2018 ^^
I will hold BTC and altcoin until end of 2018 ^^
It is depend on the holders when to let go their holdings because they trust that their holdings with a good result and bring wealth to them, many people now are getting rich in crypto because they hold of their trusted token for long period of time and that's lead them to success, just think positive.
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