Topic: Why people are holding Bitcoin? - page 31. (Read 58484 times)
if all goes well, people holding bitcoin for a change life deal. less than 1% of people now know bitcoin, imagine if (when) all people will know and use it..
I think some ppls believes that BTC will raise to the moon in next few years, like $50k~$100k or more. So if you bought it for $5k and sell it for $50k you can multiply your $ by 10x. Cripto users is increasing every day.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
for me i think people hold and keep bitcoin because they know bitcoin will increase the value of price in the future
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People who believe in bitcoin hopes that its price value will be uprising as time goes by. So they are just holding bitcoin because when the value is high that is the time for it to convert to fiat for their use. But, some will not convert it because they consider bitcoin as their wealth just like the reason why people are holding their golds, jewelries, luxury cars,etc..
They are holding bitcoin because they know that bitcoin is a good way of making money without waiting too long. If bitcoin will reach at least $10000 then that will give a lot of profit to the holders for sure and that is why it is better to trust bitcoin and hold rather than selling and turning back from it.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
There are no critical situations. All the opposite very well.
why people still holding bitcoin? because they're still waiting the bitcoin price will go up, because bitcoin are dominating right now so they still holding their bitcoins.
People are holding Bitcoin because of its value. When Bitcoin was introduced its price very low. But now 1 BTC worth almost 7000$. So its clear that Bitcoin's value is increasing day by day. So people are buying Bitcoin in low price and holding them. When the price will increase they will sell some of them. That is reason people are holding Bitcoin.
people hold bitcoin for there future purpose. They hold it for profit. If the price of bitcoin increased they can make profit by it. For that they hold it.
A good opinion and I agree and agree with you.People will hold bitcoin for the next purpose because they are afraid to sell it if the price goes down and for tomorrow's stocks they are no longer there, therefore they hold it for profit and they sell bitcoin at a time when prices rise to benefit from it. For that they hold it until whenever they want.
Same as what i am doing right now they belieiving that bitcoin is becoming $1,0000 dollar and they dont want to sell because they believe that bitcoin will increase so fast as we can see the graph of bitcoin is increasing so fast and im not the only one who seeing it we all know that bitcoin will beame the bigfest currency of akl the time
People who are still holding bitcoin that has so many bitcoins but a small investors choose to sell it around these prices before the fork
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
For me I think that people are holding their Bitcoin because they want to use it when there's an emergency. They're waiting for the price of it to get higher and higher so that if the emergency came they have a income because of bitcoin. That's the reason I think so that they are holding their bitcoin.
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... the price fall is more than the rise
WRONG.
you need to look at the bigger picture.
right now you are just looking at a short period of time where bitcoin price has came down a little. if you look at a couple of months you can see a rise from ~$880 to $2900 and right now it is sitting between $2200-$2400.
even if it falls more it will still be much much higher than the couple of months ago.
with that said, did you get your answer to why people hold bitcoin
That's right.
Any change in the value of bitcoin is something but in the long run bitcoins value will rise inevitably.
Because as we all know bitcoin is mined by super computers, something like that and as times go by less bitcoin is mined at the same rate and it will come to its limit of acquiring all bitcoin.
By the law of reason and logic bitcoin will be and is like gold.
Maybe Bitcoin will fluctuate after the fork. But I think that it still continues rising in long-term. On the other hand, maybe, some small investors will choose new tokens to get much profit rather than Bitcoin
I agree with you, on the long term Bitcoin is going to rock! I look forward to that long term .
Yes we are all waiting for it to happen in the future, and Bitcoin has a very fast development. It must have an impact on the other coin`
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
You need to study better. The rise is DEFINITELY and obviously bigger than the drop.
What makes people hold bitcoin? Uh.. not sure.. maybe because bitcoin is the most tried and tested cryptocurrency as of now.. and maybe because bitcoin is always the crypto that receives media attention.. not sure though. /s
They know its potential to grow in value in the market and has become quite stable in terms of increasing value ever since it existed plus nowadays it is clearly observable that more and more services and goods are becoming available for bitcoin plus the amount of investors and companies are also increasing backing up the flourishing market of bitcoin so its obvious that hold is the best option now in when it comes to investing to bitcoins.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
there are so many people who hold bitcoin because bitcoin is very limited if counted from all the total people in this world in comparison with bitcoin availability then bitcoin less, bitcoin will be more expensive if demand in the market is higher.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future, bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time.
Yes I support your opinion, it digital gold and price we be more expensive in future also protected wealth from been inflation
people are holding Bitcoin because the price of Bitcoin is increasing day by day. It is predicted that the price of Bitcoin will reach $10000 in near December.
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time. Or They are holding bitcoin for one simple reason : the price's rising with time. The Bitcoin price is expected to increase and going to moon within few years most likely, and it will be the best opportunity for the holders to create wealths this way.
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time. Or They are holding bitcoin for one simple reason : the price's rising with time. The Bitcoin price is expected to increase and going to moon within few years most likely, and it will be the best opportunity for the holders to create wealths this way.
The continuous rise of its price is the reason people or investors are holding them. The popularity of Bitcoins this past day keeps on rising and no wonder people will get hold of it until the forecast in its value will eventually decrease. This time, they will sell like hotcakes in the market. The increase of its usability and popularity makes it more valuable these days so wondering why? this is the reason...
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