I guess they are holding bitcoins due to increase of its value. This gives those people that want to invest or buy bitcoin and convert it to real money when it's value become very high, the advantage because you could earn more than what you had payed for. However, it is also a risk because bitcoins could decrease or even disappear. If this happened, it would be a waste of money for those who are holding a big amount of bitcoins.
Only new people would be getting panic on seeing the critical situations and would sell their bitcoins for cheaper price. But investors who are in the crypto market from the beginning know very well the price movements of bitcoin. They have already seen that bitcoin has successfully overcome various critical issues and its surviving successfully. 
Topic: Why people are holding Bitcoin? - page 67. (Read 58487 times)
by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.
Have you ever heard the term HODL? It means that you're dramatically holding your coins to the extent that you knew when will most likely be the highest peak yet of a certain coin. So lot of speculations and even knowledge about this is required in order for you to achieve that. But as of now, its not always a good idea to hold those coins that long, I mean years? Well probably it will have a great result but the best thing to do is to just use what you're earning maybe 1/2 or 3/4 of all of what you have then HODL the rest. The best investment is by spending it. by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.
I agreed with you.I also think holding Bitcoin is more profitable instead of keeping money in the bank.But bank money is quite safe and secure and there is no risk available.But in Bitcoin, we have some risk.Anytime the price may fall down and we can lose our money.But bitcoin is potential so we don't care about the fallen price.For the future value and bright future peoples like to hold bitcoin. People holding bitcoin because they want to make it as an asset. People want someday their asset value become increase. So, they can get some benefits when they sell their bitcoins.
Yes people want to hold bitcoin because they know that bitcoin price will rise every year so if they will hold it for at least 2 years or more then they will gain a lot of money.
by holding bitcoin, people us getting profitable, its better than they stock their money into their bank accounts. bitcoin price changes hour by hour, it can pump anytime, and withdrew it if needed, anytime, anywhere.
I guess they are holding bitcoins due to increase of its value. This gives those people that want to invest or buy bitcoin and convert it to real money when it's value become very high, the advantage because you could earn more than what you had payed for. However, it is also a risk because bitcoins could decrease or even disappear. If this happened, it would be a waste of money for those who are holding a big amount of bitcoins.
I think someone holds Bitcoin because they know Bitcoin will be better and the price will increase and will soar so much.
because they see the potential growth of bitcoin.As i do some research in april 2010 the value of 1 bitcoin is $0.003 and as of sept. 1 2017 its value is $4600-$5000.So people really holding on to bitcoin.
People holding bitcoin because they want to make it as an asset. People want someday their asset value become increase. So, they can get some benefits when they sell their bitcoins.
People holding Bitcoin for many reasons.one of the common reason is the value of bitcoin.its not stable.its increasing and decreasing regularly.day by day the value increasing and increasing.so why people like Bitcoin.Bitcoin is also a great investment.people like to invest with Bitcoin because of its easy for investment.
I also like to hold Bitcoin like other people.i like to trade with Bitcoin.
I also like to hold Bitcoin like other people.i like to trade with Bitcoin.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding Bitcoin because its value is getting higher. So eventually, if you keep holding here your earning increases. You can work out also your cryptocurrencies. So we need to continue here so that in due time what you earn here will pay back to you in doubled.
Bitcoin is more like a Investment , like people invest in mutual funds in hope that they will get good price on long time, just like that Bitcoin is good investment as the progress is high and the price of demand will also be high , so investment now will bring good high returns.
I think this is not necessarily true, markets go up most of the time, if you see the trading history of the US market for the last 100 years you will see there is only one decade that lost money and that was thanks to the great depression all the other decades the overall gain was 10% per year.
There are lots of predictions and hype about the upcoming price of bitcoin in the future. I am sure that is the reason why people are buying and holding Bitcoin to wait for that moment. As far as I know bitcoin used to be less than cent few years ago and now look how the price grows. I believe that after this year the history repeat itself. From thousand of dollar it may increase to hundreds of dollars.
The statistics of the last nine years proved that it was better to hold its bitcoins than to spend them. It is likely that the best strategy to hold is still the holder for a few years. That said, the less cautious among us will spend their bitcoins in altcoins whose profits will be multiplied over the next months / years .. Remains to choose the right one.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding Bitcoins for profit! When you buy bitcoin and hold it for a long time you could easily double your investment. Bitcoin tend to get more valuable in time, so if you hold it for a long enough you can get huge return on investment.
Because people are beginning to understand the ability of bitcoin as a good investment instrument. Limited supply is the hallmark that bitcoin is likely to achieve tremendous price in the future.
Bitcoin had been believed to be the medium to getting rich. This is the reason why people started to hold bitcoins. With its high volatility and speculative market, the price of bitcoin is hard to guess but most of the community believes that bitcoin will someday reach a certain price and the community had proved that it is possible since there had been several price milestones that had been reached and broken by Bitcoin. This is why most of us thinks that bitcoin is the best store of value today.
True. They are sure that Bitcoin will bring to them high profit, a lot of money in the future. Therefore, they will keep holding Bitcoin for future purpose. The price of Bitcoin won't stop, it increases more powerfully day by day. Holding Bitcoin is very smart.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People like me more tend to hold because we believed that even the price of bitcoin is not stable and its fall right now time will come that it will be pump. Holding bitcoin for a long time was always worth it. It was proven already thats why we are still holding for it.like that bitcoin, it will take the confidence to use it if it does not believe in bitcoin only fears are felt and then will not get anything from bitcoin ,, and for bitcoin every year the demand will always increase then the price will continue to rise
Bitcoin is more like a Investment , like people invest in mutual funds in hope that they will get good price on long time, just like that Bitcoin is good investment as the progress is high and the price of demand will also be high , so investment now will bring good high returns.
The reason people hold their Bitcoins is simple -bitcoin is the fastest growing investment in the market and you can expect a massive rise in value of your holdings simply by have some patience. Just give some time to Bitcoin to grow.
Not only bitcoin is the investment with some of the best growth in the last ten years it is also very easy to get those profits, with bitcoin the only thing you need to do is to hold, if you wanted to get those earnings in the stock market you will need to be a financial genius.
They are holding bitcoin because they want to earn more fiat in value of bitcoin because they know that the price of bitcoin is never been stable so they grab that chance to get a chance also to earn more fiat and become rich in just holding bitcoin.
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