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Topic: Why people are holding Bitcoin? - page 4. (Read 58467 times)

member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
December 20, 2017, 10:26:44 PM
Because someday is going to be 1.000.000 usd for each Bitcoin

legendary
Activity: 1176
Merit: 1001
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December 20, 2017, 10:26:12 PM
Holding bitcoin will be smart because it is profitable in the
long term, The reason why people hold their bitcoin is it
will worth more value in the near future for investing.
To make money. There is a lot of money to be made just by holding Bitcoin, more people are learning about that fact.
member
Activity: 532
Merit: 17
December 20, 2017, 10:00:55 PM
Of course peoples are holding bitcoin, its because the value.
As time passing, the value is increasing, its not always increasing, may decrease sometime.
but hey, its increasing more than decreasing.
now i ask you, how much value bitcoin was when this thread started ? and how much now ?  Grin
member
Activity: 196
Merit: 10
December 20, 2017, 09:51:28 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

In my opinion, People hold their bitcoin with the expectation of rise in the price that give them huge amount of money. Another reason, is that holding bitcoin is already a profit, and everyone are standing on their position and waiting for bitcoin to have a big impact on their life.
full member
Activity: 462
Merit: 100
December 20, 2017, 09:32:07 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

They just want to reached the highest value of the coin.. They just want to have a good back of them specially the percentage of the coin,. price,. Before they are going to buy and sell.
newbie
Activity: 35
Merit: 0
December 20, 2017, 09:25:45 PM
They are reserving it in the near future because they know price will become higher more than today. They simply want to sell at a higher price so that they could gain a much better profit. Or simply they are still waiting for Aug.1 result.
full member
Activity: 225
Merit: 100
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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.
full member
Activity: 380
Merit: 100
December 20, 2017, 02:40:32 AM
The longer you hold on to it, the more money you will earn. for this reason people do not sell
hero member
Activity: 854
Merit: 501
December 20, 2017, 02:36:58 AM
While we are in the mass adoption phase now, we have not yet reached the potential of bitcoin. While bitcoin is not the latest technology and many great projects are coming on the blockchain, like faster transaction, smart contracts, decentralized storage etc. whatever. Bitcoin is the gateway from fiat currency to crypto. It's only a few cryptocurrencies trading for fiat directly, while with bitcoin you can buy anything, it has value because almost anyone will take it as a payment option now on any place in the world. There's yet a long way to go for the bitcoin in the world, so you only lose when you sell   Cheesy
Holding of the bitcoin for longer time not only helps the investors of bitcoin to make some extra ordinary amount of money but in addition to this, it also helps you to carry out your daily activities in the same way. You need not to worry about your investments.

Moreover, there is no need to study the prediction chart and all that stuff you need to do in short term investment. It is the safest way of having more money.
sr. member
Activity: 1009
Merit: 328
December 18, 2017, 09:22:05 AM
many of people are holding bitcoin that they are believe bitcoin is the best invesment for a long time.
and the price will be good in the future. many of people prediction prices of bitcoin will be increase to $40.000 in the next year.
Yes i agree on that i believe that holding bitcoin is really a great way to gain a huge  amount of profit i believe that if we do holding bitcon we are just like preparing our self on the another price status that may come and it is really easy for us to gain on it maybe people really believe that holding bitcoin is really profitable because it is already proven and maybe  tested on everyone of us here in crypto world.
member
Activity: 210
Merit: 10
December 18, 2017, 09:18:15 AM
bitcoin increase every day Shocked
legendary
Activity: 867
Merit: 1000
December 18, 2017, 09:15:05 AM
many of people are holding bitcoin that they are believe bitcoin is the best invesment for a long time.
and the price will be good in the future. many of people prediction prices of bitcoin will be increase to $40.000 in the next year.
full member
Activity: 532
Merit: 106
December 18, 2017, 09:10:33 AM
Bitcoin is a first decentralized virtual currency. It would have been accepted by many countries for their trading purpose. And There are many ways why people hold bitcoin People buy bitcoins while its price low and hold it for right to sell. In future surely there will be a very big growth in bitcoin price. As now the price of bitcoin now reaches $20000 and the bitcoin holders are earning a lot.
hero member
Activity: 1344
Merit: 502
December 18, 2017, 09:06:31 AM
Holding bitcoin will be smart because it is profitable in the
long term, The reason why people hold their bitcoin is it
will worth more value in the near future for investing.
member
Activity: 350
Merit: 30
December 18, 2017, 09:01:25 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
[/quote

Sometimes if you are not sure whether the value of bitcoin will continue to go lower or higher, it is the best to hold bitcoin rather than taking the risk and losing some profit.
legendary
Activity: 2576
Merit: 1043
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December 18, 2017, 08:59:23 AM
One word can answer your question brother and it is...
TRUST
Many people are holding their earned bitcoins because they believe that in the future, it will give them huge amount of money. They believe that the price of bitcoin will increase in the next years so instead of spending them, they will just hold them for the long term.
full member
Activity: 566
Merit: 102
December 18, 2017, 08:56:09 AM
The Satoshi Revolution :
Central Bank-Issued Digital Currency (CBDC) is a national currency that issues from a central bank. It is the crypto counterpart to a physical currency, such as the U.S. dollar. It is also a bitter irony. A monetary wildcat (crypto) meant to undermine the world’s financial system (central banks) is being caged and tamed to serve the status quo. At least, the status quo is trying.
More information: https://news.bitcoin.com/the-satoshi-revolution-chapter-3-do-you-want-a-government-fiat-crypto-part-4/
You have presented a very deep and good analysis, but if bitcoin continue to provide best services even in the future it will be the leading currency of crypto currency world. Who first started fast, efficient and reliable computer of course it is Microsoft, IMB. Don`t you think still those company are at the top of the list of technological world.
hero member
Activity: 770
Merit: 500
December 17, 2017, 06:31:11 PM
Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...

Well if you are not patient enough, you might regret it in the end. Patience is the most important characteristics a trader must have also knowledge and skill. And yeah I agree that holding bitcoin is the best way of making a profit but the people are depending on it very bad, very bad that they are enjoying the price pumps but they are not using that profit but just hold it and just be happy with the pumps.
In the economic unstable country it is far better. It is bitcoin decentralized feature that even in unstable economic country. Holding bitcoin is more better by holding bitcoin it will be more profitable in the coming future. Now it is 19k in future by holding it will be more than 19k and for the owner of bitcoin it will even more better.
hero member
Activity: 1316
Merit: 502
December 17, 2017, 08:57:11 AM
Because there is a limited supply of bitcoin. The price can only go up. never down...
Say exactly is that people are holding it for the purpose of earning more profits over time because as you say, they know that the value of bitcoin is still increasing in the future, so holding the bitcoin for a long time, that will make them really rich. Bitcoin is always an ideal investment destination now and in the future, there is no reason we sell it too soon, hold and patience with bitcoin, we will always receive incredible results, this has been proven for many years when many people become new millionaires with Bitcoin
full member
Activity: 546
Merit: 100
burst.money
December 17, 2017, 08:24:49 AM
This is a good question, many people think that bitcoin holding is the best way to get profit, I do not think, holding bitcoin are at risk because whenever prices can go down.

yes it is a great information. many people holding bitcoin for getting more profit.but when bitcoin price will rise and profit more then they sell bitcoin. it is a task of risk.
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