A lot of people (including me) are holding bitcoin because of 1 very good reason: We are pretty sure it will increase in price in long-term.
It might fall a few times, but im sure in the end it will recover and be a good profit.
Since it's supply is limited and the world is performing a change in technological/financial thinking the Blockchain technology will get accepted and more and more people
will get interested in Bitcoin which leads to a far higher Demand of Bitcoin than the Supply.
In the end, we probably have to "cut" Bitcoin by adding a few decimals and going 1/10 or 1/100 of a Satoshi.
Topic: Why people are holding Bitcoin? - page 59. (Read 58484 times)
because they believe bitcoin prices will rise, so they hold it
but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
Bitcoin price will reach $500000 or more.. not only $5000 but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
It is just matter of time!Many advisors already confirmed that in public - just check Mcafee:
https://www.reddit.com/r/ethtrader/comments/6nv43b/so_john_mcafee_just_predicted_500000_a_bitcoin/
I think it is enough to hold Bitcoin.
because they believe bitcoin prices will rise, so they hold it
but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
I also love bitcoin. Almost all of us here are into bitcoin because it could give us more income or profit considering its price. Its price continuously goes up and give us enough reason to hold and keep our bitcoins. Bitcoin is my chance to have enough earnings and securing my future. Since knowing bitcoin and saving some of my earnings, I have already gain profit.
because they believe bitcoin prices will rise, so they hold it
but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
but I personally, use some for trading and some for investment
because I have a belief the bitcoiN price could reach $ 5000 even more.
my assets add more, to make me rich
I love bitcoiN.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are holding it for the future. We all know and hope that the price of 1 bitcoin will be at least 10.000$ in next 5 years. Bitcoin is an easy investment and also it is safer than other investments( gambling,trading,even mining)Bitcoin was in many critical situations and everytime the price dropped it grew up again higher than before. It never dropped without going up again. Thats why people hold their bitcoin, because they know the price will everytime increase
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People keep holding their bitcoins because they know for sure the value of bitcoin will recover and go up again. What is happening to bitcoin price that makes all these ups and downs is called market correction. Every time the value of bitcoin reaches the highest level there most be a market correction that tend to drop the value which it might later recover and set the value to the new all-time high. Market correction happens for reasons like negative FUDs and speculations.
obviously for more profit. Holding bitcoin is best way in this time. So people are more interested in it.
people hold bitcoin for long-term investments. because of most people using bitcoin for investment. very profitable invest in bitcoin.
Yes it’s true the only reason is just to use it for investment purpose and I am also doing same it for a long time because one of my friend he was holding it for a long time and then when the price go high he sold out all the coins and invest and his business and now I also doing the same thing I keep it save and I am waiting for a right time when I come to his high price then I will sell it. What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are waiting until the value is high enough for them to sell. Bitcoin supply is limited, and with more demand later on, the price will soar even more. Bitcoin will protect them from inflation and as an investment the return is also good so it's more than a good reason to hold bitcoin.Bitcoin is undervalue, it is a new asset and can create a revolution in world's finance and economy.
Only the Bitcoin's value still enough to make many people want to hold it for long term.
I see many people are still holding bitcoin expecting the prices to rise more and more. In between there was a slide of the price marginally, still many traders have bought buy positions considering the dips and will hold those positions as they have seen the similar kind of trend in the past. High rise were seen in the past when it dropped and many were still buying considering the asset value it has generated for its own. Bitcoin is modern day digital gold and people have started treating it as assets and the prices will rise much more in the future as i see the present scenario !!!!!!
I think people belive in a future freedom. Holding Bitcoin is something like take a bet on it!
Why people are holding Gold?
Probably they are holding bitcoin because they are waiting for higher price and thats the time to sell their coin its like stock market and waiting game you have to be patient and wait for the right time to selle
Why we are holding our Bitcoin? The reason is simple. We believe that Bitcoin is going to be worth much more money than it is today. We are a bit too late but we can still make a decent amount of money out of it. Studying and working at the same time is too difficult for me, I want to focus completely on studying, that's why I chose Bitcoin as a form of long term investment.
Many users are holding it because they are waiting for the right time for bitcoin to pump up or to raise in high value and sell it, that is the good benefit of holding.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
You can see bitcoin price pumping every hour or day.Bitcoin price now 4600$+.I hope this month bitcoin hit 5000$+.So hold is gold and many people hold there bitcoin for long time get double profit
Cause it is good long-term investment. I don't see any real reason for its price to fall significantly: it's amount is fixed, it is advertised over lots of social media so people see it as a brand, development roadmap is promising, and stability of network is proven over years. It is not only one possible investment, but pretty decent. And of course price is overall increasing so it is the best self-advertisement.
It is easy for now since the direction is clearly upwards. When it will start to drop and never return back up it will be more hard to trade.
people hold bitcoin for long-term investments. because of most people using bitcoin for investment. very profitable invest in bitcoin.
I strongly agree with you but I can suggest that be contended on what you earn in bitcoin because it is possible to lose some money in the future (if bitcoin will crash). If you think that the profit is ok then get the half and the rest use again in investment, in this way you can make sure your future. It is because "don't put all the egg in one basket", that's true. No permanent in this world.
because they look to the future. Bitcoins in the future will increase more and help them to have more money. I am still storing bitcoin for myself. I hope 5 years later the bitcoin price will fall into the 10k clause
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are waiting until the value is high enough for them to sell. Bitcoin supply is limited, and with more demand later on, the price will soar even more. Bitcoin will protect them from inflation and as an investment the return is also good so it's more than a good reason to hold bitcoin. Jump to: