Why people are holding Bitcoin? - page 62.

Jating

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Quote from: arbelian on October 08, 2017, 06:30:25 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Most probably those people are investors who do the long term goal. They do not care how low would the value of bitcoin decrease because they are aiming for the long term and they knew that the decrease would be temporary and it will recover in the coming years.

There are really investors here who put a lot of money in bitcoin for the long haul. Those investors care for the value of bitcoin, but they are not scared if the price of bitcoin goes down. They don't panic. And they understand that it is part of the system. Bitcoin will not be bullish everytime and even it would decrease they still hold and hope that bitcoin can recover and will go further than the previous price. That is their mindset. Their investment is like 1 or more years in bitcoin.

ipanks

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Quote from: Shutup on October 07, 2017, 11:22:05 PM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

People holding bitcoin because of volatility value of bitcoin.It quite good to hold for a while then sell it on price increase.of bitcoin.Especially to those only hoping for bitcoin earnings only.Some are joining bitcoin for just an extra income or just exact for their needs.Some are bitcoin savers which have a lot of money can hold bitcoin until the price is very expensive.Bitcoin is a sleeping giant,theres a time that you can sold it for a high value.

i am agree with this and because of volatility, we can make a nice profit. if we see in the market, the up and down is happen too often and i think there will be a good chance for us if we can follow the price and i am sure that we can found any of gap price so we can trying to buy and sell when its high. but my advice is we need to hold if we want to make a big profit and once the price is increase, it will increase higher than the price before and will break the barrier so it will up too high.

arbelian

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Most probably those people are investors who do the long term goal. They do not care how low would the value of bitcoin decrease because they are aiming for the long term and they knew that the decrease would be temporary and it will recover in the coming years.

Cranidos

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Peolple oftenly hold bitcoin because of their hope that bitcoin price will always rise as time goes by. This is just their strategy to gain more profit out of their investment in bitcoin. They are just waiting for the right time. Buying and selling of bitcoin is an effective way of gaining bitcoin. So holding bitcoin when you think it is not the right time is the best thing to do.

Best Dreams

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Quote from: Rhaizan on October 08, 2017, 12:35:33 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Simply because the person who keeps holding the bitcoin knows and believes that our future is bitcoin ,because we all know that there is a possibility to increase the price. if you buy bitcoin and the price will double this maybe our way to be rich.

Yes of course the only reason to hold bitcoin is that they want to use it for future and I also want to do it because I have also hold a lot of bitcoin with myself and I am waiting for right time once if come to high price then I will sell and because I want to start my own business in future and I am sure bitcoin is the only source which can help me.

SkustaClee

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

This is why many trader is expert becuase they dont want to lose any money so tht's why they are always hold their bitcoin becuase they know that the value of bitcoin have a potential to increase so i think they want a high profit that's why they'll holding their bitcoins.

MostafaGamal

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because it's in uptrend and make a good ROI in last 5 years and also can be happen to next 5 years .

nkarm1

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People who knows about bitcoin I think will choose holding it's money in Bitcoin form instead of stacking up your money in a bank. Why? Obviously because of the fast growth regardless of its volatility, and people are quite confident and sure that whenever dips are coming there would always be a rise that would come. With the past performance of bitcoin with just almost ten years, we are seeing it's ability to make our money grow with just simply HODL'ing. It is not all about simply by being rich instantly, people are just taking advantage to buy more and hold for the incoming growths, and get their profits.

Rhaizan

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Simply because the person who keeps holding the bitcoin knows and believes that our future is bitcoin ,because we all know that there is a possibility to increase the price. if you buy bitcoin and the price will double this maybe our way to be rich.

GatotKaca

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most traders hold bitcoin because the price is not as expected, each trader has a prediction for the expected price so the reasons are different but the point is equally looking for profit.

viktors7

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becouse bitcoin benefit far better then gold,gold are unable to be far more gain if you hold this but bitcoin can confident.that's the primary reality I feel.

kingragnar

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there are people who really want to raise the value of bitcoin because they know it will happen. As soon as the future knows the value of bitcoin will be much higher. And for me this task will be effective today. Because that the bitcoin moves in the market place is just below its peak. So for my view it's better to hold first the bitcoin you hold without losing.

Renai0925

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Because bitcoin is the best investment that you'll ever do if you act now. 3 years ago I heard about it and shrugged it off as another scam. Boy was I very wrong. Even buying around a year ago would have made me a lot of money if i held on to it. It's never too late to get into it. Just hold on for dear life.

naocb

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For me, bitcoin is not a currency nor digital gold. Its core value is the blockchain that has huge computing power. It has never stopped nor cracked so far, and we could add various applications on top of it. So for me, that is a protocol no one is able to stop nor hack.

Wittycoin

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

It is always a good thing to have bitcoin on your wallet. People are holding bitcoin even if it is a critical situation because they think positively and not letting their emotion dictate what they must do. Lots of people are selling their bitcoin when bitcoin is in critical situation because they can't hold their emotion, they think they loose profit but in the long run bitcoin is getting well again and the price grows so big. That is why people are holding their bitcoin, it's price grows instantly after having a hard time.

bluered

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Quote from: johnwest on July 14, 2017, 10:42:33 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Some people are waiting for Infinity, but am into it for the currency value of Bitcoin, the investment growth is just an additional profit. Most of the people here know that regardless of price dropping or increasing, the end value will always be better than where it was last year. So why not, HODL forever. Cheesy

some people are waiting for the value of bitcoin to increase again. even though the value keep on falling and increasing they are still hoping that the value of it will increase more than to the value it decreased. the believe that its value will not stay as that falling and increasing, time will come that it will increase, increase, and increase that's why they are holding it. they are hoping.

onpages

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Quote from: Farma on October 07, 2017, 11:39:36 PM

Today, most people buy bitcoins, and hold them to get bitcoin gold for free. well, even I also hold bitcoin, moreover, many predict that the price will rise in the near future. well, this is a very good reason to hold bitcoin.

Yes indeed that is the main reason they buy and hold Bitcoin now.
big profits await them. hopefully, the prediction that Bitcoin will rise in the near future happens. Because I also invest there.

Farma

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Today, most people buy bitcoins, and hold them to get bitcoin gold for free. well, even I also hold bitcoin, moreover, many predict that the price will rise in the near future. well, this is a very good reason to hold bitcoin.

btcboss71

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People are holding Bitcoin cause it is profitable. If you look to the coin market cap you will see that the worth of bitcoin and the popularity is raising Spontaneously. At the beginning of this year the value of BTC was around 800 usd but at the end of this year we can see the real meaning of BTC.

saffira

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Price of bitcoin is continously rising. For them, it is like an investment for the future. Maybe in the future, the value of bitcoin may be double or triple its value today.

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