Topic: Why people are holding Bitcoin? - page 33. (Read 58484 times)
I Myself is holding my bitcoins, the reason is that bitcoin prices are extremely rising up these days and I have a goal in mind, when bitcoin price reach my goal price that is the time i will sell it or maybe buy something out it. I am just hoping that it won't be too late when the bitcoin prices starts to go down again, as this is always expected in market, prices can go up and down and nothing is different with bitcoins, bitcoins might be on top this days but it can go down anytime soon, so as long as I have reach my goal for the prices of my bitcoins which is most likely attainable, I will start selling my bitcoins and collect profit from it and maybe invest again in other altcoins.
Waiting and being patient are key factors to get a maximum profit out of the bitcoin world . If you panic sell each time bitcoin's value drops you'll find yourself out of funds and you'll see how it's value got up again and even surpassed it's previous numbers . Holding to your coins and believing in them is what makes people rich and it's a small risk high reward thing because bitcoin proved itself capable of getting up stronger after each hard fork or correction .
suppose many of them (like some of my friends do) believe that it anyway will go higher and higher and then any "red days" it's just preparation for new high
just like me they want their investment to get big in value plus im also using bitcoin to buy my stuffs online and have my electronic load its good to hold bitcoin
I will not anymore use my bitcoin to buy stuffs and have my phone be loaded using bitcoins. It is too precious for me to spend it on things which I can use my money to buy for those things. Just like you said, holding bitcoin is almost the same as having an investment. Bitcoin even when just placed in our wallets gives us income which if we put on bank will not gives us the same interest. So I will be glad to hold my bitcoins and wait for the time when it reached my target price.
why do people withhold bitcoin? maybe they want to wait until the price is high enough to sell. that's enough reason.
Because people know that you can make a lot out of it and that is why people hold them and do not sell it is going down at the moment but people are still not selling it because they know that it will go back at a higher price.
People are holding bitcoins for profit. They believe one day bitcoin will be much more expensive than its today price.
The reason is simple. They are awared how volatile Bitcoin is. They know that declines on its market value and fluctuations are just normal. They are holding their Bitcoin even if the price is falling because they know that it will eventually increase so for them yhere's nothing to worry about which I think, is the righ thing to do.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
people are holding bitcoin because many of us well including me, we do believe that bitcoin will be more valuable in the next year and bitcoin also increases its value as time goes by, though there are falling of value sometimes. people are just waiting for the price to get higher so they will gain profit from their bitcoins and to avoid regrets.
This is a really easy question. Why should not people hold Bitcoin? It price increases every day, the more long time you wait, the more profit you get.
I agree because people are believing in bitcoin they wait for the bitcoin value to rise so they can make a lot of profit because that is the smartest thing to do right now. do nothing and wait.
People are holding bitcoins because they know that it can reach a big price and they want profit out if it that is why they are waiting because they do not think that it is very smart to sell them earlier and not make a lot.
At this point, bitcoin price is into an average of $7000, so I think it is still safe for us to hold bitcoin right now since it has a fast action these days, bitcoin price increase fast and still continue to increase which can attract a lot of investors. In my point of view, even if I am not an investor I can say that a lot of small investors are investing in bitcoin today because of its good price and they think that bitcoin will totally burst up to $10000.
just like me they want their investment to get big in value plus im also using bitcoin to buy my stuffs online and have my electronic load its good to hold bitcoin
Because it was an investment people want to make their bitcoin grow especially that the value of bitcoin is decreasing and increasing from time to time people love to take a risk because investment has a 50/50 chance to fail or to succeed. Anyway, for now, bitcoin value is rising I don't know for how long it will last. Another is if you think about the past when bitcoin is so cheap many people invest and become millionaires because they buy bitcoin at a low price until the value of bitcoin increase in a large amount. I think that's the reason why people holding their bitcoin for a long period of time.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are holding because they know that bitcoins price will go back up more than how it has fall down. They get their confidence in holding from the history of trends in the bitcoin market and the upcoming events for bitcoin. Maybe they also believe in its system that it would be a good and reliable to invest and wait until it reaches higher value. There have been a lot of up and down in the market and we all know that bitcoin itself started from almost no value at all.
Think of bitcoin mining as gold mining. There's a limited amount of gold embedded in earth. The more you extract gold from earth, the harder and expensive it becomes to mine new gold. Hence its value increases everytime its gets mined. The same is with bitcoins. Satoshi Nakamoto, the creator of bitcoins, during the creation of bitcoins put a limit of 21 million i.e. only 21 million no. of bitcoins are present in this cryptocurrency which are expected to be all mined within 100 years from now. The more you mine bitcoins the harder it gets to mine new bitcoins therefore resulting in its increased value. If one is investing $1000 in bitcoins after few years its value will become double.
This is a really easy question. Why should not people hold Bitcoin? It price increases every day, the more long time you wait, the more profit you get.
We know that Bitcoin price is increasing day by day.Now it is a huge amount of money.People hold this because of it's price.Naturally people want to profit by investing something.So Bitcoin is one of them.So people are holding Bitcoin
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
simple answer. people just waiting for high price and sell bitcoin in high price to take more profit of this situationand almost user of bitcoin use this way
Like me. I holding bitcoin for a long time because i want to be rich people from bitcoin
The other reason why people holding bitcoin because they know bitcoin has a good potential. And bitcoin is the best investment in the world. I think.
Of course they are holding it because they will get profit. No one will leave their coins without knowing that they get a profit. Everybody leaves it in their wallet hoping that the price is increases.
I as well hold my coins because i think some of of these coins have potential.
to have free segwit
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