Topic: Why people are holding Bitcoin? - page 49. (Read 58467 times)
Because the value is unpredictable it may go up or go down. but for sure if you hold it for long, you'll be freaking rich just like owning a house and lot this is something precious gift that we will encounter.
Most of the people that hold bitcoin do so as they see it as an investment some have sold while price is high others are holding because we don't know where it will be next month nevermind next year they are gambling on the big cash outs.
People are holding there bitcoin even in there critical situations because they know about the virtual nature of Bitcoin. They know that there is no fun of selling Bitcoin when the price is low because the price will surely rise. Moreover Bitcoin is best for longterm investment.So holding your bitcoin is always profitable.
People who have bought their coins below $1000 price won't hesitate in selling their coins at this stage as they have already made huge profits by holding it till now but I am sure they will be looking for even higher profits and in that case they will prefer to hold their coins for long term.
folks know what it will boost to tens thousands dollars in up coming number of months so why they must to market it?)
People are holding there bitcoin even in there critical situations because they know about the virtual nature of Bitcoin. They know that there is no fun of selling Bitcoin when the price is low because the price will surely rise. Moreover Bitcoin is best for longterm investment.So holding your bitcoin is always profitable.
For sure those people have patience and Until now they hold their bitcoin for sure they will earn a lot of profit thats the good reason why the people hd their bitcoin because they want more profit. Buy more bitcoin and hold it for few months and for sure you will some profit. But invest only you can afford to lose because they have possible the price will decrease even the price continue increasing .
I truly beleive that Bitcoin is here to stay. It will probably take a few more years to stabalize.
People HOLD bitcoin for no other reason except speculation IMO.
If they are holding for no reason then there is no reason to hold because you need to have a goal or target for your investment in order to have discipline and clear vision in the future. Bitcoin is an investment and because of their speculation they are thinking and believing that bitcoin will reach to a very high price and that is why they are holding bitcoin.People HOLD bitcoin for no other reason except speculation IMO.
Because they wait will happen. Bitcoin has tremendous value and people's starting to grab small harvest now. That's why many peoples are patient holding bitcoin.
Why are people holding Gold and other valuables? - it's investment and it returns high if you hold.
someone holds Bitcoin because they know Bitcoin will crawl up much higher than it is now. therefore they prefer to hold Bitcoin.
Yeah it's true, many peopke still believe that bitcoin value will rise up again as what had happened this few days. Bitcoin on it's peak. If you bought that before then price now is higher you gain already. Buy at when tha price is low, and sell when the price is high . That's the reason why they still hold bitcoin.
I truly beleive that Bitcoin is here to stay. It will probably take a few more years to stabalize.
People HOLD bitcoin for no other reason except speculation IMO.
If they are holding for no reason then there is no reason to hold because you need to have a goal or target for your investment in order to have discipline and clear vision in the future. Bitcoin is an investment and because of their speculation they are thinking and believing that bitcoin will reach to a very high price and that is why they are holding bitcoin. People HOLD bitcoin for no other reason except speculation IMO.
Bitcoin is the growing currency that’s why people want to keep this currency because may be I the future its prices will go up and from this they will trade these currencies. Many people happy to have bitcoin because they keep it in their wallet and if in the future they want to purchase some commodities by the help of bitcoin they can easily purchase.
I truly beleive that Bitcoin is here to stay. It will probably take a few more years to stabalize.
People HOLD bitcoin for no other reason except speculation IMO.
People HOLD bitcoin for no other reason except speculation IMO.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
because they want to profit more from bitcoin, to achieve it they have to hold bitcoin and invest in it. the wrong sign if you think this critical condition will survive, for example its currently bitcoin price is so high, and will rise further in the future.
I don't thi k it's fair for the OP to be asking this question because it's clearly obvious that we are all holding for bigger profits and bitcoin has been found to do just that if you are a little patient and can hold it in your wallet for a year or more.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People tend to hold their bitcoin to wait for the best high rate. They want to earn at a high rate. They earn it hardly so they want a higher return of it. Some may have already a lot of bitcoin so they're holding on the amount that they don't need to exchange yet. Investment will always be needing a good timing to sell. Time will always play a big role in investing bitcoin. So people need to be patient also of the up and down movement of it.
In my opinion, there are here main different types.
1. speculation - hope bitcoin price will keep going up and make good profit.
2. trader – take advantage of the volatility of bitcoin price and try to gain from it, it is of high risk.
3. true believer – believe that bitcoin has bright future.
1. speculation - hope bitcoin price will keep going up and make good profit.
2. trader – take advantage of the volatility of bitcoin price and try to gain from it, it is of high risk.
3. true believer – believe that bitcoin has bright future.
because the result we get from bitcoin is obvious from the task we do. of bitcoin we can also invest. and we also get a lot of extra money, than the other work. so people hold bitcoin because they get a lot of money.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding their bitcoins because they tend to believe that it is one of the esiest way to earnbitcoins in a faster way. As we all know, bitcoins' price is really high right now and it is a good chance for users to invest their bitcoins to have good profits.
What I think of is the reason why people are holding their bitcoin its because as we all know that as of the moment the price is going up however there's a risk of holding it since there's a possibility that there would be a drastic decrease of it's value if something will happen (ex. china banned ICO's). Well the good thing about bitcoin is that it is consistently on the top of "food chain" (bitcoin is the origin) so even though the value will go down still the value is high.
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