Why people are holding Bitcoin? - page 104.

lukmandog

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Quote from: jofox on July 30, 2017, 10:31:29 AM

It's me because they keep the bitcoin for the height of its value. They will earn it and that's what I know as my friend does that he's buying and holding.

Bitcoin provides our opportunities for better profit potential in the future than just saving in bank. As well me, still holding bitcoin in the hope bitcoin prices in the future soar.

jofox

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It's me because they keep the bitcoin for the height of its value. They will earn it and that's what I know as my friend does that he's buying and holding.

sobsitesearch

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Quote from: swogerino on July 30, 2017, 09:49:52 AM

You never know what happens in the future. Even in different advertising networks, social media, traffic exchanges, and get paid to websites bitcoin is being advertised like something which is creating new millionaires everyday out of ordinary people that is why many people opt to hold their bitcoin.

Correct because someday if bitcoin value would increase value more they or we will be rich for our investment. Also it depends on the users we have an options to hold or not if you believed in bitcoin i think you will hold your bitcoin for long term but if you is a negative thinker i think you will not be bemefited of bitcoin.

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Quote from: Shiversnow on July 14, 2017, 11:11:47 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

I agree on that why people hold their bitcoin because there is a possibility that the price of bitcoin will increase day by day in the near future. In addition to that, holding is the best thing that you could do if you really want to get a high income in the future. Lastly, I think many people know that the price bitcoin will goes up so that they decide to hold it.

I guess you cannot blame people who wants to hold their bitcoin because it will benefit them. Bitcoin's price is unpredictable sometimes it rises up, and sometimes is drops low. But even though it's price isn't consistent atleast there will be a possibility that the bitcoin's price will rise everyday and you will never know that the price of what you hold when converted is high and much more than what you have hold. The high you hold, the high you will earn profit.

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You never know what happens in the future. Even in different advertising networks, social media, traffic exchanges, and get paid to websites bitcoin is being advertised like something which is creating new millionaires everyday out of ordinary people that is why many people opt to hold their bitcoin.

geegaw

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Quote from: qwertyup23 on July 30, 2017, 06:51:21 AM

Quote from: iqlimasyadiqa on July 30, 2017, 06:46:09 AM

Quote from: meltoooot on July 30, 2017, 06:06:16 AM

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

The price of bitcoin is very volatile and if you are going to check the charts, last January 2017 the price of bitcoins were only ~$1000 compared today, which is around ~$1400. The price also might drop due to the fork happening this August 1 and this may result to a decrease in its price. I suggest that people should invest when the price decreases because it is always guaranteed that it will skyrocket again once people choose btc to bcc.

In the present time, I think the fork will not happen because I believe this is a trap to reduce the price of bitcoin, many traders and investors will accumulate many Bitcoin with cheap price. After August 1, the price of bitcoin will increase again and this is the time for traders and investors to sell bitcoin at high prices. Many people because of the rumors, they panic and sell their bitcoin, this is really a stupid thing, they will soon regret their decision today

samputin

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Quote from: meltoooot on July 30, 2017, 06:06:16 AM

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

That is right. We are holding bitcoin and hoping for the possibility that bitcoin price will rise in the future. We make an investment and trying to wait long time to gain higher profit even we do not know what will happen in August 1.

LeeMinHoa

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

bitcoin is a tangible currency maybe some bitcoin holder/owner keep it. the only reason is waiting for the best increase price of it and to secure their money
in a wallet people buy some bitcoin when the price is decrease and waiting to increase their price bitcoin is not maintaining the price there have days pump in a big value and dump also.

qwertyup23

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Quote from: iqlimasyadiqa on July 30, 2017, 06:46:09 AM

Quote from: meltoooot on July 30, 2017, 06:06:16 AM

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

The price of bitcoin is very volatile and if you are going to check the charts, last January 2017 the price of bitcoins were only ~$1000 compared today, which is around ~$1400. The price also might drop due to the fork happening this August 1 and this may result to a decrease in its price. I suggest that people should invest when the price decreases because it is always guaranteed that it will skyrocket again once people choose btc to bcc.

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Quote from: meltoooot on July 30, 2017, 06:06:16 AM

They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

We all wait to sell it when bitcoin prices increase. According to the trend that bitcoin prices always increase, so doing bitcoin holding in my opinion is very profitable.

mrfreezeh

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Quote from: CROYA86 on July 30, 2017, 06:30:35 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

If I know I hold bitcoin and do not sell it in critical situations because I believe bitcoin is likely to rise again in price even though it is currently experiencing a very critical decline ..

I not see the price of Bitcoin in current decreasing, maybe altcoin have it. Special in past days after the news Bitcoin Cash will distribuite for user holding Bitcoin in August 1st make the price of Bitcoin reach to $2900 again very fast.

JorisK

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People hold it as an investment, plain simple.

Same goes up for everything that has and at least holds his value. Whiskey for instance.

Daniel91

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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

CROYA86

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

If I know I hold bitcoin and do not sell it in critical situations because I believe bitcoin is likely to rise again in price even though it is currently experiencing a very critical decline ..

meltoooot

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They holding their bitcoin because their waiting for the price to go higher than the current price. Its like gambling. they believe bitcoin is going higher than expected. Beacause every time bitcoin drops the bitcoin goes up times two.

Heyyyrenz

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Most of all here knows that even the bitcoin falls it always goes up in the future thats why people choose to hold their bitcoins instead to sell it. They choose to wait till the bitcoin soar it's price again because when it falls it recovers 2-3 times than it's price. That's why most of the owner of bitcoin hold it and wait for the right time to sell it to the market. But it will take a long time before the bitcoin recovers but it will surely recovers

Vohoanghiep

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

August 1, and I have not seen any sign of Bitcoin disappearing. So selling Bitcoin is a stupid thing at the present time, in contrast, they buy more BTCs. I think many people have the same thoughts with me

anhhung409

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

It is possible that Bitcoin's value at the time they buy is higher so they do not want to sell because they are afraid of losing money. Or maybe they believe that Bitcoin will increase in the future so they hoard it for profit. Everybody has a plan of their own

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Quote from: Smarty14392 on July 30, 2017, 12:31:03 AM

Even i am holding a certain amount of bitcoin and im still purchasing some amounts untill now. I wont sell my bitcoin even if it gets below 1000$. Bitcoin is my part time as well as full time job. Ot has always given me profit and im sure it will give me so in future. I trust on bitcoin. Its price will surely hike up and then i will sell it in small amounts according to my needs.

You are right, my friend. This would be crazy to sell under $1,000. If the price ever goes to that point, buying is what smart people should do then. Even right now, when the price just slightly dropped, smart people are buying, and they are doing the right thing.

Smarty14392

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Even i am holding a certain amount of bitcoin and im still purchasing some amounts untill now. I wont sell my bitcoin even if it gets below 1000$. Bitcoin is my part time as well as full time job. Ot has always given me profit and im sure it will give me so in future. I trust on bitcoin. Its price will surely hike up and then i will sell it in small amounts according to my needs.

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