Why people are holding Bitcoin? - page 103.

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Actually they are waiting for the right time to release their bitcoin, because the current situation is arguably less critical. But some of them also hold bitcoin because they think bitcoin is something worth investing, so they hold it and will release bitcoin if it's urgent for them.

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

I think the reason why people hold their bitcoin to wait for the bitcoin sale price to be very high, but everyone has different reasons to hold their bitcoins.
There are some people who hold bitcoins for their personal assets digitally and there are also some people holding bitcoins for future investments.

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Quote from: googlebtc on July 31, 2017, 03:42:19 AM

Why people hold bitcoin. Perhaps with the belief of someone holding bitcoin with the future of those who want to long-term inves and never concerned with the panic on the info make people so do not believe in bitcoin then from that I personally bitcoin as new digital gold to take advantage

so far bitcoin has very bright future and it's a good project. it proof by the user of bitcoin come more every time, and make bitcoin demands so high. as a result the prices of bitcoin growing up slowly but frequently. that's one of reason elder bitcoin user believes bitcoin and stay to hold it.

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Quote from: smileee on July 31, 2017, 03:49:39 AM

Quote from: johnwest on July 14, 2017, 09:42:33 AM

Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Some people are waiting for Infinity, but am into it for the currency value of Bitcoin, the investment growth is just an additional profit. Most of the people here know that regardless of price dropping or increasing, the end value will always be better than where it was last year. So why not, HODL forever. Cheesy

I think people keep Bitcoin to continue to make a profit. The price of bitcoin is increasing rapidly and this is the opportunity for many people to get rich.

People think that if the price of bitcoin has become very high over the past few years, then it will also grow rapidly in the future.
Therefore, many people have decided to keep coins for many years.
I also took this decision

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Quote from: South Park on July 30, 2017, 01:07:04 PM

Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

There are two types of holders, one is the die hard holder that is not going to ever get out of bitcoin and the second is the one that thinks that is going to profits from this situation, I have not get out of bitcoin for the simple reason that I do not think bitcoin price is going to be that low and after some time is going to recover, so what is the point of getting out bitcoin?

i used to be that one who only depend on situation to get profit or hold for a time period and then sell after rise in price for short term but now i have enough confidence after seeing the rise in the price over the year.
i think the price is going great and its fall its time period will be too small to be recover so, i think investment for long term is preferable instead of short term.

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Wrong. You need to see on a larger scale. For example, when I heard about Bitcoin about a year ago, it was around 500-600$. Now its in the 2700$ range. See, this is why many traders wait, they try and analyze the market trends and try to predict whether market price will go up/down from a certain point of time and then think about whether that will be the perfect time to gain profits.
This is the reason traders are unwilling to sell at any point of time, they hold for inflation.

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Quote from: johnwest on July 14, 2017, 09:42:33 AM

Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Some people are waiting for Infinity, but am into it for the currency value of Bitcoin, the investment growth is just an additional profit. Most of the people here know that regardless of price dropping or increasing, the end value will always be better than where it was last year. So why not, HODL forever. Cheesy

I think people keep Bitcoin to continue to make a profit. The price of bitcoin is increasing rapidly and this is the opportunity for many people to get rich.

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Why people hold bitcoin. Perhaps with the belief of someone holding bitcoin with the future of those who want to long-term inves and never concerned with the panic on the info make people so do not believe in bitcoin then from that I personally bitcoin as new digital gold to take advantage

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Quote from: Webetcoins on July 30, 2017, 02:13:11 PM

Quote from: malikusama on July 29, 2017, 11:12:12 AM

Bitcoin meets the test of people in the past that's why users rely on it and holding it, they believe that it will continue to grow in the future as it came from $800 to $2600-$2700 now.

there can be alt of reasons for it maybe people are waiting for the right time they are waiting for the price to be increase a bit more many people are waiting for the price of the bitcoin to be double they still trust in the power of the bitcoin they are hopeful they are sure that after august first the price of the bitcoin will be more high it will be double after some time this is the real reason for it I think

And they are right in their expectations imo. When existing problems with Bitcoin will be fixed nothing will be stopping it from rising anymore. History teaches us that people who hold their coins in times when most people around are selling will not regret later.

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Quote from: malikusama on July 29, 2017, 11:12:12 AM

Bitcoin meets the test of people in the past that's why users rely on it and holding it, they believe that it will continue to grow in the future as it came from $800 to $2600-$2700 now.

there can be alt of reasons for it maybe people are waiting for the right time they are waiting for the price to be increase a bit more many people are waiting for the price of the bitcoin to be double they still trust in the power of the bitcoin they are hopeful they are sure that after august first the price of the bitcoin will be more high it will be double after some time this is the real reason for it I think

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peoples Holding Bitcoins because It enables you to earn bitcoins without mining software, mining hardware, ... Day-Trading Bitcoin for a Profit.
thanks.

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My wife wanna travel with the money i can get from bitcoins, i told her this investment i wont moove until 2020, the next bitcoin halving where i do expect bitcoin around 5000 dollars or even more, she doesnt care and we had discussed, i dont wanna to use my coins, since i believe it will be more valuable over time, my childs can take advantage of bitcoin on the next 5-10 years.

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From the experience I've experienced bitcoin hold a pleasure myself and what I've got it really be the result of my efforts so far. it's a very unusual pride

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Bitcoin is a great project that can change a person's life for the better in the future if he understands the project and bitcoin provides benefits for those who use it.

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

There are two types of holders, one is the die hard holder that is not going to ever get out of bitcoin and the second is the one that thinks that is going to profit from this situation, I have not get out of bitcoin for the simple reason that I do not think bitcoin price is going to be that low and after some time is going to recover, so what is the point of getting out bitcoin?

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Quote from: Daniel91 on July 30, 2017, 05:31:22 AM

It's very simple, really.
I think that for the most people bitcoin is life time investment.
They are buying or collecting their btc funds with hope that btc price will continue to rise and reach even higher levels than now.
If such scenario happens, many people will make nice profits with bitcoin.
For the most people, it's worth to wait for something like this

So its all about timing eh?

But how could we know if it would be the right time, what if you converted this time of year but in the next year it has a better price? I think its more than just investment. If you really wanted to make profits, then you don't need to save all of it in your investment. Sometimes 'profit' is not a term only as economical in numbers. But also as a form of materialization. Making profit is not just making more what you've capitalized, but making it put into use, that's the true profit.

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

This is a real factor in this field that .any people are making money only by buying and holding btc and nothing .
Here the reason to buy only btc and hold is not only single but many .
1) Many people who are millionaires but have no time to give for the trading , so made buy and hold for long time .
2) Many people made buy but don't know how to use to grow , so they are only waiting to get grow .
3)Many people have trust with the btc only because other new coins are going always dead , so more better to out money in btc .
So These reason plays an important role in the newbie and other person who have no time , and also they really made.much earnings in this way with very low risk .

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I believe that everyone ho holding a btc believe that will bitcoin in the future a lot more grow and I think also it's that a good idea.

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Because they are waiting for a bitcoin price will rise, they believe the bitcoin will be higher than expected. They believe in bitcoin
If the price of bitcoin increases and then sells them then they will get some profit

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Mainly because people are holding on to their hopes of bitcoin increasing more than what its current price is right now. So basically everyone is waiting for bitcoin to go to the moon after this August 1 split.

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