Why people are holding Bitcoin? - page 2.

jirene21

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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?

a rational answer here and also an obvious one:
why are they holding?
for money, money is why we are at bitcoin. i can see that holding is not a bad move. if bitcoin will fall it is definitely a bad move but knowing that bitcoin price will rise again it is definitely a good move.
why are they holding. because bitcoin price/value haven't achieved their ideal price or you could say they are just greedy.

cepedacharles29

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People are holding bitcoin beacause it makes a good profit and There are many reasons why many people hold bitcoin and buy bitcoin when the price of bitcoin is low and they sell them when the bitcoin price is high. And others hold a bitcoin and invest it for a long-term like me, I invest in a more secure site and definitely not a scam

Mokter

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i think Bitcoin is a major crytocurrency amon all altcoin. And people are holding Bitcoin because they are believing that in near future it will cross $40000 because of acceptency with many merchandise as well as spreading of crryptocurrencies around the world.

mining_spaceship

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Maybe the fact that despite the high volatility, it is still a much safer form of money than fiat. If you can't see right now, try seeing it through a long term perspective. Inflation has always made fiat currency lose a lot of value in the past, and the same will continue to happen for a long time.

moli1

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The price of all but one of the 100 largest cryptocurrencies crashed on Friday, as investors cashed out after record rises in recent weeks.
All of the top 20 cryptocurrencies hit record highs this week before plunging in a bloodbath for those who got in on cryptomania too late.
All of the top 20 were dramatically in the red on Friday.
Bitcoin crashed 20 per cent on the day before regaining some of its losses to trade at $13,181.74, according to Coinmarketcap.
That added to further losses on Thursday, meaning that at one point bitcoin’s price had fallen more than 40 per cent from Sunday’s record high.
In excess of $20bn of bitcoin traded hands in 24 hours as many investors rushed for the exit.

ace4549

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Just like what I did, the reason behind why we are doing this is to secure our future that we can be finicality stable even though we don’t have jobs.
Investing in bitcoin is a wise choice but holding it in a long period of time is the wiser choice that you should consider.

Biggapp

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Quote from: zhukovt34 on December 20, 2017, 09:01:28 PM

People become BTC Hodlers in 2017 more then ever before, the price rise was steady and it shake fiat sistem, it is expected to continue in price rising or it will be marginalized by states law.

Exactly they are holding because they want more profit from bitcoin and it is possible if they will keep patience and hold bitcoin. People are investing in bitcoin to get high profit and if they will hold and invest more it is going to rock the crypto floor. Bitcoin is growing and it is having very bright future even now so if they are holding no doubt they are holding for profit and for bright future.

gundala

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Quote from: enwi on December 21, 2017, 11:25:41 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?

usually people will hold bitcoin when prices go up or down, when prices go up they hold bitcoin because they want to get more profit and if the price goes down they also hold because they do not want to lose and wait price back up

they do it for sure. they believe it could be because of betting on luck, it could also be because they have analyzed the market interest. Moreover, interest in bitcoin is growing, investors are increasing. then most likely the price of bitcoin can be greater than this.

abdullahtahsin420

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Bitcoin is famed and model for all coin . It is the scale for other coin. Price of Bitcoin is much profitable rather than other.

xhoondilan

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For those who know alot about bitcoin will not give up so easily because cryptocurrency all started in bitcoin and because of bitcoin many people can transact things so easily and hustle free. Also the value of bitcoin will not always the same so other people know that and they use it as an opportunity to save bitcoin when bitcoin is low and wait for the time to rise it back again.

chocomartin

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What keeps them from selling is their belief that its gonna bounce back and continue to go up. This is commonly done in stock investments and sometimes does lead to major losses so one should be careful in analyzing and measuring risks like this.

Altcoin Trader

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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?

To get big profit.
2010-0.003$
Now-16100$

enwi

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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?

usually people will hold bitcoin when prices go up or down, when prices go up they hold bitcoin because they want to get more profit and if the price goes down they also hold because they do not want to lose and wait price back up

einsteineer

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Because it worth holding, Bitcoin is reaching to new heights day by day

Vanilla-swap

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If you have your bicoin in your wallet you must not have fear when banques colapse in a financial crisis.

Samsungnumbertwo09

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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?

I think they hold it because they wait to increase high the bitcoin then they sell it get the profit and also to get back the investment.

Czdyyyy

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Quote from: xbiv2 on July 14, 2017, 09:24:17 AM

Why people are holding Gold?

Because nowadays their are many reasons why peoples who involves in bitcoin keeping their btc, but the two reason that im sure why peoples keeping their btc is its either they are waiting for the increase of the btc value or they save their btc as their banked money.

Vanilla-swap

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The results of the elections in Catalonia in Spain, could shake the euro currency. And a good result of the indepemdents could move the EuR/USD.

imasiranda

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i think bitcoin price is higher, maybe short term price is reduce,but long term will not reduce. because bitcoin is not subject to inflation. then peoples holding bitcoins.

Xester

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Quote from: Ulumorzki on December 21, 2017, 10:34:16 AM

Because they believe that Bitcoin will still be the most expensive token/coin in cryptocurrency. Also people hold their Bitcoin because they believe that Bitcoin will rise again after its fall down.

And I am one of those who believe that bitcoin will still goes up even it fell quite hard. I have been doing this for the past two years and the best thing to do is to keep them. I have regretted this thing once, when I sold my bitcoin. After just a couple of hours it goes up again and I cannot get it back.

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