Topic: Why people are holding Bitcoin? - page 77. (Read 58484 times)
Some people hold bitcoin for long term because they want to get a lot of profit and they don't even need money to exchange BTC. But I'm not sure everyone just hold bitcoin like that.
many are also holding it as a store of value for the future...
I think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
yes everyone want to get good profit and in present time i think bitcoin is the best way of making money. therefore more and more people are investing their money in bitcoin, and in fact they are also getting a good profit from there. to me i am sure that bitcoin will continue providing us opportunities to make money from there. Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the futureYou are right that there are some places where you can spend your bitcoins without exchanging to fiat but I highly doubt that at this stage people would be spending their coins as everyone knows that price is moving in a positive direction and it can go much higher in future so majority of users will prefer to hold their bitcoins and not sell them.
Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the futureYou are right that there are some places where you can spend your bitcoins without exchanging to fiat but I highly doubt that at this stage people would be spending their coins as everyone knows that price is moving in a positive direction and it can go much higher in future so majority of users will prefer to hold their bitcoins and not sell them.
Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the futureI think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
Nothing wrong in holding bitcoins as many of them have made huge profits by doing nothing and simply holding so to earn big amount in future holding is the best choice to make as there is no risk involved in holding as in long term we will only see price going higher and higher.
Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the futureBut still there are many people who have not sold their coins and are holding it only to make bigger profits in future as everyone now is sure that the price of bitcoins will increase rapidly in future so no one will sell their coins right now unless they have sort of emergency as holding longer will give them higher profits.
Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the future
I think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
Nothing wrong in holding bitcoins as many of them have made huge profits by doing nothing and simply holding so to earn big amount in future holding is the best choice to make as there is no risk involved in holding as in long term we will only see price going higher and higher.
I think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.
I also hope for this year bitcoin will rise to $ 5000
and the more the year will increase the price increase.
Yes its better to trade them and take the amount of bitcoins higher as only holding will never grow the amount of coins so if you invest it in trading then you can make regular profits and it will also help you in growing your coins and who knows your 1 btc can also become 10 btc at the end of the year.
I think a great reason for holding bitcoin now (even after the original fork on August 1) still comes down to some of the important economic elements of bitcoin.
Longer term investors who are familiar with bitcoin and its format are likely going to realize how it could be beneficial to hold bitcoin years into the future as the mining rate is decreased in a few years (2020) and as we continuously get closer to the overall cap (though that is still further down the road). The nice combination of a finite amount overall and getting there at a decreasing rate (less availability in the near term) – could get more returns and price appreciation.
Longer term investors who are familiar with bitcoin and its format are likely going to realize how it could be beneficial to hold bitcoin years into the future as the mining rate is decreased in a few years (2020) and as we continuously get closer to the overall cap (though that is still further down the road). The nice combination of a finite amount overall and getting there at a decreasing rate (less availability in the near term) – could get more returns and price appreciation.
Because they don't know how to spend money
Lol, but to spend money you do not need anything, but to make money and keep it you need to be smart and get over the fact that there are millions of products and services in which you could spend your money. People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.
I also hope for this year bitcoin will rise to $ 5000
and the more the year will increase the price increase.
That is the specialty of bitcoin that has greater advantage for its users only by doing the fasif activities alone can be profitable for its users, and it does not really need research to benefit from holding bitcoin in the next 2-5 years.
Most of the users hold their bitcoin because that is one way to earn big profit in the future and we all know that value of bitcoin is continuous increasing having huge amount of bitcoin makes big amount of money. That is why i eagerly to collect more and more bitcoin for my future.
No doubt that your point is right, the amount of bitcoin is a huge deal in accumulating profits in bitcoin so if we have more bitcoin then if the price will pump even a little bit like 10%, we can still earn a lot of profit from our holdings so it is the reason why people are holding bitcoin and why us, bitcoin users should collect more bitcoin.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
i think because wanna more profit or invesment in future.. few people hold bitcoin for waiting moment so sell in high price of bitcoin.
The first and foremost thing to notice with your query is the price of Bitcoin itself which is unstable and can be moved anywhere. Bitcoins are depreciating in their own values (Eg.: 1 BTC will never be 1 BTC after 21 mln gets mined because so many coins have already been burned before) as well as such lack of number of coins will help inflate and boost the economy by fluctuating the values above only and as theory says, if demand is too much against supply then it's better to hold more because that thing will become extremely valuable in the very near future which is why everyone asks to hodl bitcoins.
Due to rapid increase of bitcoin value people are holding bitcoin for capital gains.
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