simple cause we think bitcoin price will go higher and higher .
bitcoin it's like investment and for future
Topic: Why people are holding Bitcoin? - page 89. (Read 58467 times)
I think they hold their bitcoin because the price is not good enough to sell? Or it's not the right time for them, and selling it won't gain them any profit at all?
hmm, i think people holding bitcoin for investments? or maybe they do some trading or something like that?
maybe they use bitcoin to receive and send money with their business partner?
maybe they use bitcoin to receive and send money with their business partner?
People are holding Bitcoin because they know all too well that price dump is very temporary. Actually the overall movement of BTC is still upwards. So there is no need to dump one's BTC simply because there is a little turbulence happening. And they proved to be right, isn't it? After a little dip, a huge step upward is expected almost right after.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It is faith they have a high faith for this currency which is called currency of this future which is base on digital services which is faster and easier to use soon.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It's all abouy income/profit. Since the bitcoin price is not stable the chances to make a huge profit is possible. They hold a bitcoin because they wait the right time for the better price. All of bitcoin user who save bitcoin is for future purpose and if we observed the past of bitcoin is a small dot but every year of become popular this, it slowly aim their goal. 
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
they hold bitcoin for long term even you can see the price is already higher there still a lot of room for the price to get even higher
People think that Bitcoin will soon be 10k or 15k. So that would be good profit.So people are holding their Bitcoin.
People hold bitcoin the same way as they hold gold. The bitcoin represent values. It grows over time.
That's right, Day by day bitcoin is growing at an increasingly high price every year.
People hold bitcoin the same way as they hold gold. The bitcoin represent values. It grows over time.
I don't know the reason for the poll because I don't understand the choices but I still voted for "when and how". Lol! As for your question why people are holding bitcoin is maybe because they are hoping that its value will increase more in the future and they feel that they will earn more profit from it if they will keep on holding thwir Bitcoin for a few more years.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin is a currency which is made by Satoshi Nakamoto. Bitcoin is unique than any currency in this world because this coin is worthy, its price will really increase and I think that is the reason why people holding bitcoins to earn. 
For future purposes. There’s a possibility that the value of bitcoin will get higher when time passes by based on the changes or progress of bitcoin prices now. Bitcoin still booming after many years so it is not impossible that it has good future. And also the possibility of gaining more money because of the increase in the value of bitcoin is higher.
Because bitcoin is the future of the world's payment system, and I'm sure there will soon be many countries that authorize bitcoin as their payment system.
Bitcoin is the future, bitcoin cannot be stooped and the sooner people and governments accept that fact the fastest we can move to a better future, bitcoin is a game changer, things are never going to be the same, bitcoin will allow us to send money all over the world for a cheap fee. 
The reason they keep hold of Bitcoin because that they know Bitcoin has a very good future and they know when is the right time to sell. holding Bitcoin safer and is the very small risk.
People hold Bitcoin as in future it's value may be higher than what is today.Holding is good option in Bitcoin as past this year price went from around $1000 to $4000 so who has hold would gain lots of profit.So I think holding is good option while everyone sell their Bitcoin as price increased.
That is the only reason why we holding our bitcoin, for the future, since we all know that the price is going to be really high in the near future, we could even be rich in an instant because of it, that is why no matter what happens, I'm just holding my bitcoin on my wallet and keep on saving it. I'm always joining signature campaign so that I could earn bitcoin weekly or even monthly at least I know that I could get something.
because selling at any time results in orders of magnitude loss several years later.
its hard to trade orders of magnitude profit over that time.
eg sell under $1, jumps over $1 forever, buy back in at $100, because you were waiting for it to drop under $1 again.
how can you trade that?
sell under 10K, jumps to 15K, never goes below 10K, you wait and have to buy back in at 50K or 100K.
how do you trade that....?
and that is the history of BTC.
its hard to trade orders of magnitude profit over that time.
eg sell under $1, jumps over $1 forever, buy back in at $100, because you were waiting for it to drop under $1 again.
how can you trade that?
sell under 10K, jumps to 15K, never goes below 10K, you wait and have to buy back in at 50K or 100K.
how do you trade that....?
and that is the history of BTC.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Obviously to make higher profits they are holding their coins and I think that is the right thing to do as it is predicted that price will reach $5k or even $10k in next few years so selling at that price is the best thing to do in order to make higher profits.
Exactly.We keep on holding our earned bitcoins today hoping to reap much more profit in the next months and years.And it's really very interesting today because the market price is rising rapidly until it reaches $10k in the future.Who knows i can build my dream house just on holding my bitcoin for a longer time.Holding is the best thing to do as it involves less risk of loosing money and we have seen that price has gone higher over the years so if we hold our bitcoins for next 5 to 10 years then it can give us massive profits on our investments.
Yeah and to me holding bitcoin in a cold storage wallet is a nice investment not reward. Besides, I presume bitcoin will reach the price of $8000-9000 in the next 3years.
EDIT : 17 Jun 2020 17:13:26 which will be the next bitcoin halving.
But people keep bitcoins, they just blow bubbles. It seems to me that if things remain as is we will see no rise in prices but rather a fall. Money generate revenue only when they turn in the economy. I feel sorry for those who think that bitcoin will grow forever.
Bitcoin will not grow forever since the money in the world and the productive capabilities of people have limits but if we compare the price of bitcoin with its projected price if an important amount of the people of the world use it then there is no doubt that bitcoin has a lot of room to grow. Obviously to make higher profits they are holding their coins and I think that is the right thing to do as it is predicted that price will reach $5k or even $10k in next few years so selling at that price is the best thing to do in order to make higher profits.
Exactly.We keep on holding our earned bitcoins today hoping to reap much more profit in the next months and years.And it's really very interesting today because the market price is rising rapidly until it reaches $10k in the future.Who knows i can build my dream house just on holding my bitcoin for a longer time.Holding is the best thing to do as it involves less risk of loosing money and we have seen that price has gone higher over the years so if we hold our bitcoins for next 5 to 10 years then it can give us massive profits on our investments.
Jump to: