What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Its market value before is approximately 2400$. And its market price at this moment is 4000$ . Before Bitcoin reached the current market value, it gone through lots of dumps and deflations. Those people who held their Bitcoin during the backdrops, until the hardfork happened last August 1, will surely earn huge amount of profit. becausr its price increase after a period of time. And that's the reason why people are still holding their Bitcoin through thid kind of situation.
Topic: Why people are holding Bitcoin? - page 80. (Read 58484 times)
People are holding bitcoin because they believe that the price of bitcoin will increase and this is true. Some predictions are that its price will go upto $10,000 and this is because of the increase in the demand of bitcoin. As the demand is increasing the price will go up which will result in high profit.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Its market value before is approximately 2400$. And its market price at this moment is 4000$ . Before Bitcoin reached the current market value, it gone through lots of dumps and deflations. Those people who held their Bitcoin during the backdrops, until the hardfork happened last August 1, will surely earn huge amount of profit. becausr its price increase after a period of time. And that's the reason why people are still holding their Bitcoin through thid kind of situation. 
I am holding bitcoin since i bought them at $1850 at the middle of July, i am happy that i could buy a whole btc when it was at that price.
I will hold it until i see a fair price, i am not thinking to dump it soon, i am waiting for long term and who knows, maybe i will diversify in a few altcoins.
Most people hold it because of the same purpose, making more money in the future, that is it
I will hold it until i see a fair price, i am not thinking to dump it soon, i am waiting for long term and who knows, maybe i will diversify in a few altcoins.
Most people hold it because of the same purpose, making more money in the future, that is it
Yes it's not a new activity anymore, we all know that holding is a very popular method and treats it as an investment. Yes I knew that fact that everyone is holding to make money because you can't grow or reproduce bitcoin by just holding it. But it will goes as an investment that's why you only have to hold them until the price will gets higher.
Treating bitcoin as an asset and holding it is really worthy if you cite previous history of bitcoin. Bitcoin appreciates more than 100% or more or even 1000%++. This year bitcoin is poised to reach $5000 dollar according to some prediction and even $10,000.
And if you know what happened to the first believers of bitcoin, they hold it until now. Some did sold at $1,000 and still they have a big profit with it and holding is totally an investment already so if you are earning good with your salary but you have holdings of bitcoin, upon selling it you'll see the result of it.
I think Bitcoin still has good potential to go higher and higher in multiple times, people just now realizing the real strength of bitcoin. we can see people buy and hold more and more bitcoins from now on wards.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
if you watch the price range by coin and compare it by another or last month you can say what you do or how can you do by your coin. Almost 70% by the price of last month increase so we see that if you hold bitcoin even it is small you can gain profit.
Bitcoin offers many useful and unique features, so many users choose to use Bitcoin. With such a solution, it is very likely that Bitcoin will mature and grow until it reaches a stage where the value of volatility is greatly reduced.
Expect bitcoin prices to rise to high, because of that, they withhold the bitcoin they have. Just like what I do. When bitcoin prices go up high, I aim to sell all the bitcoin I have.
Bitcoin is here to stay.Imagine you hold a bitcoins for a long term,take advantage of that.make a lot of income and buy everything you want to buy.
Because they know that holding bitcoin will give them profit in the long term. Bitcoin has increased very much since it was created and because of that reason, many people want to become rich with bitcoin. Only a few people care about the technology inside bitcoin
Now a days the Bitcoin is raising in it's value so it's higher value . Generally Bitcoin is expensive but Bitcoin value is increasing day to day so people's are holding Bitcoin for a long period.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
The reason why they holding bitcoin is they knew that bitcoin is getting and getting higher and the more expensive now the reason why they holding bitcoin is they trading it from the start to have a more profit into it i guess lots of holders now are enjoying the price of bitcoin. In short, gold like love is not for sale
And yet people are buying their lovers gold jewelry to gain their affection. They also buys gold wedding rings.
I'd change this and say gold is being bought and sold for love, it's more valuable thanks to people in love
for this question there are many different answers, and all these answers depends upon the persons needs.
but i hold bitcoin for more profit, i know the prices are increasing and never decrease so i'll wait for my dream price which is $8k when it comes i'll sell my bitcoins.
but i hold bitcoin for more profit, i know the prices are increasing and never decrease so i'll wait for my dream price which is $8k when it comes i'll sell my bitcoins.
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Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
Yeah, there are many reasons why they are holding bitcoin. I am holding bitcoin because I believe in the future of bitcoin that it will become the number one currency on the planet. Bitcoin will be used by most of the people and it will provide a new way of payment method which we only need 1 currency on the world Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
Yeah, there are many reasons why they are holding bitcoin. I am holding bitcoin because I believe in the future of bitcoin that it will become the number one currency on the planet. Bitcoin will be used by most of the people and it will provide a new way of payment method which we only need 1 currency on the world Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
Although these people use Bitcoin to get rich, I wouldn’t want to suggest it to anyone that is looking for a 100% sure method to getting rich. Bitcoin can get really expensive or really cheap depending on how many people want it through an exchange. Order Books within exchanges are what the price of Bitcoin is right now, if there were no Bitcoin exchanges then the price of Bitcoin would only be a used as a barter system based on something that someone says.Bitcoin is one of the currencies that don’t really need USD to allow it stay useable.
Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
The plan of every business man or woman is to make the highest profit with the lowest risk. Keeping your bitcoin even at the point the price is falling does not mean you are loosing everything cause a time we come it will jump back up to its normal position and price. People who holds their bitcoin holds it cause they want to make high profit that will suit their margine.
I think many are holding not only for the profits but also for all the other great characteristics it offers, you can send money all over the world, you can carry all your money in a small usb and no one is going to notice that you are carrying money with you the same way that people are going to notice if you were carrying cash, gold or credit cards. Jump to: