Topic: Why people are holding Bitcoin? - page 39. (Read 58467 times)
why people hold bitcoins the main reason is the price of each is so expencive people trying hold it and wait the price high and sell it ... for me bitcoin is very helpful to me because you can grow your income well with your income from work i think many people used bitcoin have a strategy.i heard some of my friends getting rich or earns enough
folks know what it will increase to tens hundreds bucks in up coming handful of months so why they ought to to sell it?)
In my opinion, those investors are the ones who do this because for money. Again, many investors bitcoin diligently researched that what is the bilateral economic status? In the next 5-10 years, where is the location of this bitcoin? so the only lock on the basis of all the money.
Bitcoin handlers hoping to make a profit, I also hope so because I'm sure someday the bitcoin price will be so expensive that I can get rich.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
they hold the bitcoin certainly there is a reason maybe at that time the price is down and better resist to avoid losses or they hold back because want to get more profit again
I think this is because people think that bitcoin price will always goes up as there is only a limited amount of it out for use so they are basically gambling for a higher exchange rate in near future and hoping people will not suddenly exchange all the bitcoin they are holding that will then lower the value of bitcoin.
people keep holding a bitcoin in a long term because it rise definitely and obviously has a bigger amount and the price is more expensive in the future.
They are holding it, because they know that bitcoin will rise in the future so they will maximize their profit by doing this. It is actually a smart thing to do if you don't need the money that you have stored in your wallet. Simply let it there. Don't spend it, because in the future it will surely rise.
An agreeable point , people do not want to waste their bitcoin . They are waiting for the opportune moment when bitcoin will be at peak . Till they want to keep it safe and when its worth will rise they will invest it and will enjoy the miracles of bitcoin by securing their future. 
some people hold bitcoin because they are want to earn some difference between buy price and sell price, its name is trading buy when its low and sell it when the price is up, some day we need to hold bitcoin because the price right now is not same with our speculation so we will keep it until the price is reached s
They are very much hopeful that in the event when the price of bitcoins rises they will be able to make more money than they previously bought it for and that's why everyone is currently holding their bitcoins. 
some people hold bitcoin because they are want to earn some difference between buy price and sell price, its name is trading buy when its low and sell it when the price is up, some day we need to hold bitcoin because the price right now is not same with our speculation so we will keep it until the price is reached s
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
people hold bitcoin because they want to make a profit and do not want to sell when the price is low so they hold and wait
Ita always about profit. People are even making loans just to buy bitcoin at it's current price to have bigger profits in a couple of years. We are now aware that bitcoin is real and it has value and holding it would rake in real money in the future
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Simple, they're waiting for that moment where they can cash out at a price that will give them huge profit. At current, bitcoin price has settled between 5900 and 6000. It seems the value will play at that rate for some time. But it will surely rise some time soon as bitcoin has gained that reputation. I hope that the prediction will really happen. Bitcoins value will reach $ 20k dollar from $ 10k dollar by next year 2018. They are all confident that this huge increase will happen so tighten you budget and hold more coins till it reach that enormous value.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Simple, they're waiting for that moment where they can cash out at a price that will give them huge profit. At current, bitcoin price has settled between 5900 and 6000. It seems the value will play at that rate for some time. But it will surely rise some time soon as bitcoin has gained that reputation.
I think why people hold bitcoin today, because bitcoin prices will be very high in the future, and in the future it will be even harder to get them.
critical situation like what?
in bitcoin nothing critical situation i think, critical situation is when you dont have money and you need a lot of money in that time.
they hold for right prise. wait until they feel rich like "its time to release my bitcoin.
in bitcoin nothing critical situation i think, critical situation is when you dont have money and you need a lot of money in that time.
they hold for right prise. wait until they feel rich like "its time to release my bitcoin.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
people hold bitcoin because they want to make a profit and do not want to sell when the price is low so they hold and wait
Quote
... 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
They are holding it, because they know that bitcoin will rise in the future so they will maximize their profit by doing this. It is actually a smart thing to do if you don't need the money that you have stored in your wallet. Simply let it there. Don't spend it, because in the future it will surely rise.
I think why people hold bitcoins because they believe the bitcoin value will continue to rise
Now Bitcoin is a very valuable asset to gold
Now Bitcoin is a very valuable asset to gold
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 they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it.
Yes, that is the only reason why they are holding otherwise they would immediately turn their coins to cash. They know that bitcoin is unstable so they take the risk.
It is actually a smart thing to do they see that it is now rising so they keep them. I also keep my coins in order to maximize my profit.
This is actually one of the main reason why really someone holds bitcoins. They were anticipating the changes of bitcoin value(for the value of bitcoins was still on fluctuation up to now)and when the right time comes they would sell it at a high price thus yielding them a higher return of investment. And that's why traders take advantage of this changes
I really agree with you, sooner or later everyone will switch to bitcoin where bitcoin will make it easier for someone who holds it for business dealings and Dll ...
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