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Topic: Why people are holding Bitcoin? - page 55. (Read 58484 times)

sr. member
Activity: 868
Merit: 333
October 17, 2017, 11:14:13 AM
Why do you think they do? For profit of course, why would somebody hold it for something else?
that is actually right, we all hold bitcoin to gain profit, as we can see its price is near to reach $6000, by the blink of an eye it increase it price so easily. so we take advantage to that to gain more and more profit.
full member
Activity: 210
Merit: 100
October 17, 2017, 11:04:27 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
No doubt for me that bitcoin have a potential cryptocurrency so that's why many of people has trusted to bitcoin becuase they know that bitcoin can become $10000 up and i think people want to get a lot of money so that's why they are holding their bitcoins.
newbie
Activity: 42
Merit: 0
October 17, 2017, 11:01:49 AM
there are people who loves control, loves to be controlled, fears changes, fears decentralized & anonymous currencies.
they won't like bitcoin, no doubt.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
October 17, 2017, 10:47:11 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Bitcoin is good for long term investment. Bitcoin is not created just for pump and dump. I believe Bitcoin will have a great future in the upcoming years. We just have to hold on. When prices drops, no need to worry. All that is happening is normal. All comes up must comes down, same with those comes down.
sr. member
Activity: 616
Merit: 251
October 17, 2017, 10:19:50 AM
Why do you think they do? For profit of course, why would somebody hold it for something else?

Yeah right bro they holding bitcoin for long time to gain more profit on it, they want their investment on bitcoin be at 1000% profit or more. No other reason than that I think.
sr. member
Activity: 532
Merit: 327
October 17, 2017, 10:08:40 AM
Why do you think they do? For profit of course, why would somebody hold it for something else?
newbie
Activity: 29
Merit: 0
October 17, 2017, 10:07:31 AM
They still holding or using bitcoin because of money or income.They think that bitcoin is a easy way to earn money or supply their needs and wants.And they know that bitcoin is a good job because it is tiredless  you're only need to do is give your time and attention.
member
Activity: 80
Merit: 11
October 17, 2017, 09:43:11 AM
People are holding bitcoin because bitcoin are the emerging wealth for whom every body run after so it is better than gold or any other form of wealth so people are saving it to have wealth in future and have key importance on the world economy every one is saving it to have great wealth in the future
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
October 17, 2017, 09:41:43 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Because they believe about the potential of bitcoin's growth in terms of its value and through long term holding they believe they could reap the benefits of investing to bitcoins when it reach its highest market value. Holding is always a strategy in every investments but somehow risky so you may want to set a certain goal when to sell or hold your coins.

Just expect the belief that bitcoin will have a high price in the future. be patient Wink
Actually as you said that they are looking for high price in future because they believe that bitcoin having good market and having quality to take over there invest income into bitcoin. They know that bitcoin can boost there income 40x or 50x so i believe that they are looking for the opportunity which will boost there income so let's see and let's invest into bitcoin to hold for long term to see huge profit in future.
full member
Activity: 177
Merit: 100
October 17, 2017, 09:41:09 AM
people hold bitcoins to earn more and more money.and the second reason is that when bitcoin rate depreciate people hold bitcoin until the rate of bitcoins appreciate,and as the bitcoin appreciate people will gain more and money.
newbie
Activity: 37
Merit: 0
October 17, 2017, 09:37:44 AM
They think, nothing can destroy Bitcoin and they also think 1 btc will cost 500.000$ in 10 years
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
October 17, 2017, 09:36:35 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Many people (mostly investor) holding bitcoin in every situation is just because they believe that this coin price sooner or later will increased 10 times from current price.
full member
Activity: 616
Merit: 100
October 17, 2017, 09:26:39 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Because they believe about the potential of bitcoin's growth in terms of its value and through long term holding they believe they could reap the benefits of investing to bitcoins when it reach its highest market value. Holding is always a strategy in every investments but somehow risky so you may want to set a certain goal when to sell or hold your coins.

Just expect the belief that bitcoin will have a high price in the future. be patient Wink
full member
Activity: 308
Merit: 100
October 17, 2017, 09:23:04 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Because they believe about the potential of bitcoin's growth in terms of its value and through long term holding they believe they could reap the benefits of investing to bitcoins when it reach its highest market value. Holding is always a strategy in every investments but somehow risky so you may want to set a certain goal when to sell or hold your coins.
legendary
Activity: 2464
Merit: 2094
October 17, 2017, 09:12:54 AM
Indeed some users do speculative actions to buy bitcoin, because of course they have basic research on bitcoin progress in the future, if I have more funds of course I will do the same to buy bitcoin as a long term investment. Because I believe investment bitcoin is a profitable and best investment for now.
member
Activity: 244
Merit: 14
StableDex | Decentralized, Secure & Cost Effective
October 17, 2017, 08:59:53 AM
The reason people hold their bitcoins because they believe if bitcoin will continue to rise in popularity and price. therefore they hold their bitcoins, some even buy bitcoins at current prices
full member
Activity: 210
Merit: 106
October 17, 2017, 08:15:20 AM
For me always easy to answer this question. Why people hold btc? Since the people have big hope to bitcoin become stronger and price would be up up and up. So they can put on money. Thats the most answer of the people.
full member
Activity: 784
Merit: 123
October 17, 2017, 06:58:20 AM
Some of them are waiting to increase rhe value of the bitcoin before selling or converting it.
It would be like that, because it is a big money if that happen. For future purposes are most common reason of holding bitcoins for a long time. Because we believe that bitcoin would still exsist forever(hope so) and it would positively give us a bright future. And it can be shared to all members of the family.
full member
Activity: 228
Merit: 100
GIF by SOCIFI
October 17, 2017, 06:29:02 AM
Most of the people who are into Bitcoins are holding this, Yes, very true. They are holding because they understand the investment game, they know if you want to earn big then you must hold the investment for long. Bitcoin is also an intangible asset or investment for these people.

newbie
Activity: 40
Merit: 0
October 17, 2017, 03:57:15 AM
Because they believe that at this level its already a discount. I believe that the price of bitcoin will hit more than $20k next year that's why every price dip is an opportunity to buy more  Cool
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