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Topic: Why people are holding Bitcoin? - page 6. (Read 58484 times)

hero member
Activity: 1022
Merit: 521
December 15, 2017, 05:08:28 PM
The best question should ask is why I shouldn't hold bitcoin, if you are a professional investor you know what will be the answer, I think people still holding their bitcoin in believing that it's price will increase, why shouldn't hold it? SThen definitely, you want to have big profit. Even if bitcoin prices will go down, it always goes to uptrend in the future, that's why you should to choose to hold your bitcoins.
There is one and only reason behind it that they are holding it just because of long term investment. Bit coin is growing up day by day that’s why most of the people are holding bitcoin then know it very well that bitcoin will pay them a high amount of profit. Some people are predicting that in 2018 the prices of bitcoin will be gone higher as compare to 2017. But still we can’t assume anything about it because it’s not easy as people are thinking.
member
Activity: 168
Merit: 10
December 15, 2017, 04:49:29 PM

because bitcoin is the world's first digital currency crypto and because they are melodious predictions so they hold their bitcoins
newbie
Activity: 37
Merit: 0
December 15, 2017, 03:31:50 PM
Bitcoins price shot up in last few months. It's a currency and it's value is still expected to increase , so people are holding to their bitcoins.
member
Activity: 115
Merit: 10
December 15, 2017, 03:25:43 PM
People hold because they believe that the price or value of bitcoin will continue to rise over the next few months / years.
newbie
Activity: 54
Merit: 0
December 15, 2017, 03:15:03 PM
I think the time already gave the answer why.Those who were holding bitcoin in difficult times for it are happy how. I wish I was one of them Smiley
full member
Activity: 248
Merit: 100
December 15, 2017, 02:11:44 PM
People are holding bitcoins merely as the best option available for investing,you can expect a very lucrative return on investment of bitcoins, the only omportant thing to remember is to stay passive and play the wait and watch game and not rush into selling
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
December 15, 2017, 01:57:46 PM
For profit of course, traders, investors - thats what we are in for. Some are in because they believe in the cause, some people use it for their shops and etc.
Main reason is that, no one is just going to hold for nothing. We are all aiming for better profit so we are holding for long term purposes, no one just hold because he wants to have it for the rest of his life but he wants to hold because of the speculations that are coming that one day the price of bitcoin will be extended to the great value that we didn't expected.
sr. member
Activity: 434
Merit: 250
December 15, 2017, 01:45:20 PM
Predictably I will hold this bitcoin as my investment tool for the future, I see technology evolve every year, I think there will be a change in the payment system using advanced technology such as blockchain or bitcoin as a tool for future payments
member
Activity: 119
Merit: 100
December 15, 2017, 12:31:12 PM
The main reason why people holding their bitcoin because they believe the price of bitcoin will increase and for me it is a valuable asset that can be used for the future, For a long term plan the opportunity to get the huge amount of profit is given.

Because they are good predictors, just look at how it rised since the topic has started - incredible.
No one could know that for 100% sure. But still many got the profit from this.
full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
December 15, 2017, 12:29:45 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It could be that more and more people want to use bitcoin as well as possible In getting income therefore although sometimes the exchange rate has decreased They are still waiting and expecting a price increase in the future and no word of panic for him.
full member
Activity: 322
Merit: 100
First 100% Liquid Stablecoin Backed by Gold
December 15, 2017, 12:26:01 PM
by seeing the development of bitcoin very rapidly of course many people who buy bitcoin will then hold it for some time
and will probably wait until the bitcoin price is 3 times the current price which I think is already very high
sr. member
Activity: 532
Merit: 327
December 15, 2017, 12:17:01 PM
For profit of course, traders, investors - thats what we are in for. Some are in because they believe in the cause, some people use it for their shops and etc.
full member
Activity: 336
Merit: 121
December 15, 2017, 12:02:17 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

People are holding bitcoin until now even in the face of the price falling down because this is temporary. The split is also coming our way and yet people are still holding on to their bitcoins.

All because the general public who are holding some bitcoin are positive that after this storm of price dipping, bitcoin will recover and end this year with an increase in price. The price increase after this decrease moment is bigger.
All peolpe are holding bitcoin to generate some income with. Some of them generate income from the holding of the bitcoin only becasue the value of the bitcoin is raised and the amount they invest in bitcoin also raised. Others make investment while holding the bitcoin. IN another sense they invest bitcoinfor their project which are in the hands of those people. In this way they generate a high income form the bitcoin. BUT THE MAIN REASON OF THE HOLDING OF BITCOIN IS TO GENERATE INCOME FROM IT.
full member
Activity: 205
Merit: 100
December 15, 2017, 10:31:55 AM
I think many people hold bitcoin because maybe they believe that bitcoin prices will be more expensive in the future, and I also prefer to hold bitcoin than altcoin, because bitcoin is more profitable to hold for a long time.
yes agree on t i am also wanted to hold bitcoin in a long term than altcoin, even there is some altcoin that are having a great potential in the future but when you say bitcoin the impact of it are very good than in altcoin.
member
Activity: 266
Merit: 17
December 15, 2017, 10:15:24 AM
The main reason why people holding their bitcoin because they believe the price of bitcoin will increase and for me it is a valuable asset that can be used for the future, For a long term plan the opportunity to get the huge amount of profit is given.
jr. member
Activity: 56
Merit: 10
December 15, 2017, 10:10:00 AM
The main reason why people holding their bitcoins is definitely to gain a super profit. If you one of those who has been holding your bitcoin since this question appeared,  then now you are rich because today bitcoin costs very high.
I can see what you mean "in this critical situation" obviously referring to August 1st and everything that goes with it, I myself have considered moving over to litecoin to ride the uncertainty at that time but i am now thinking that nothing major will happen as long as you own your bitcoin as in you have your keys, there might be a fluctuation in the price but i can't see it being anything major.
full member
Activity: 418
Merit: 100
December 15, 2017, 10:04:08 AM
I think many people hold bitcoin because maybe they believe that bitcoin prices will be more expensive in the future, and I also prefer to hold bitcoin than altcoin, because bitcoin is more profitable to hold for a long time.
hero member
Activity: 546
Merit: 500
December 15, 2017, 10:00:33 AM
One of the main reason why people keep bitcoin, is that its value is changing. There are times when there are landfills that can harm you, but there are also cases when there are pumps that you must anticipate. You should be familiar with what is happening in the market so that you can get an opportunity to earn big money.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
December 15, 2017, 06:36:11 AM
Because bircoin value is suprisingly got so bigger. So, I see that people hold bitcoin for a reason that it will grow bigger and bigger in the near future. Even I myself has a pretty strong feeling that it will grow bigger, I am also planning on holding bitcoin for a hope that it will bring me to the status of life like rich people. By the idea of holding this, you are just like investing money to some institution or organization that they will help you make your money grow bigger but the thing you are investing with this is your time, the you are lending to hold it and to save it for your future even though you are in a state of itchying to go and  cash out  for you to buy or to do something. So all in all, the primary reason why people hold bitcoin is the hope that it will continuesly grow bigger and reach their expectation.
member
Activity: 60
Merit: 10
December 15, 2017, 06:20:42 AM
This is about "perception". Now, most of the people perceive that BTC is valuable and will be more valuable in the near future. If something happens to change this perception, then they will want to sell their BTC, which means the price will drop.

We have this perception about the profitability of BTC because lots of people has become rich in the near past Wink

Actually, this is the case for all kinds of assets (and money).
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