Why people are holding Bitcoin? - page 94.

cyclotronmajesty

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Quote from: Dontme on August 10, 2017, 08:49:35 AM

Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

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

The main reason why those holders keep holding on bitcoin is because they are waiting for bitcoin to reach $5000 and up. That was their main reason and that was actually they talking about ever since. To get the highest rate price of bitcoin and for more higher profit.

$5k is possibly to achieve in this year but there are many people who are holding their coins so that they can sell when price will go to $10k level but not all will be in position to hold their coins that longer and will start selling when they will see price of $5k.

suzukiy

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People holding Bitcoin may be for investment or wait for bitcoin price to go up so it can get profit when sold.or can also bitcoin in store for saving the future

Dontme

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Quote from: nidacoinlove on July 14, 2017, 08:23:27 AM

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

The main reason why those holders keep holding on bitcoin is because they are waiting for bitcoin to reach $5000 and up. That was their main reason and that was actually they talking about ever since. To get the highest rate price of bitcoin and for more higher profit.

Fujiati

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In my opinion many people hold bitcoin because it expects its selling price will continue to increase expensive.

irsada

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Because bitcoin is a very valuable asset
The price increase is remarkable
I will continue to hold him a few years later in order to be something of value'

madwica

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Quote from: Catswold on August 10, 2017, 08:25:52 AM

Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

Yeah even I am expecting that price of bitcoins in next few years so I am not spending any of my bitcoins at a moment as I feel that if I will spend it now then profits I will be making will be not too high which would be possible after some years.

Me if i see a profit on the current price i always sell my bitcoin then wait for the dump again simple ill do trading in my bitcoin and that is the good way to increase our bitcoin do not just hold just learn how to make profit on it.

aakashsangwan

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Quote from: msarro on August 10, 2017, 07:47:13 AM

Quote from: cryptothinker on August 10, 2017, 07:45:21 AM

Despite its volatility, some people feel safer holding Bitcoins instead of fiat. Maybe because they live in a country with high inflation, or they just don't fiat system. Others hold it for speculative reasons, because they expect it to go up in price.

Majority of users hold their coins to make higher profits in future and saving bitcoins is more beneficial then saving money in banks as interest paid by banks is too low and inflation will take away all your profits so the best thing would be to invest money in bitcoins and hold it for a long term.

And in bitcoins there is an yearly increase of price also that is far more greater than lending your money to banks or even lending to some other person you know in personal life too.
I am aiming for saving about 10 BTC for next 25 years and then I will probably cash them out.

Catswold

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Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

Yeah even I am expecting that price of bitcoins in next few years so I am not spending any of my bitcoins at a moment as I feel that if I will spend it now then profits I will be making will be not too high which would be possible after some years.

claudiotiego

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Simple. To make higher profits. I am holding my bitcoins too and I'm going to keep holding on for years, waiting for a greater appreciation.

matthona

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Quote from: totaleclipseofthebank on August 10, 2017, 07:58:55 AM

Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

No one can deny that Bitcoin's price will go up in the future and it will keep increasing higher. That's why holding Bitcoin will help them gain more profits and huge income. In 2009, 2010, Bitcoin really was invaluable, if we had already invested Bitcoin at that time, we were millionaire.

Even if we missed that opportunity of buying at lower price we should not regret about it as finally we have arrived at the best place and if you invest in it even now still you can make good profits if you will your coins for next 5 years.

totaleclipseofthebank

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Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

No one can deny that Bitcoin's price will go up in the future and it will keep increasing higher. That's why holding Bitcoin will help them gain more profits and huge income. In 2009, 2010, Bitcoin really was invaluable, if we had already invested Bitcoin at that time, we were millionaire.

msarro

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Quote from: cryptothinker on August 10, 2017, 07:45:21 AM

Despite its volatility, some people feel safer holding Bitcoins instead of fiat. Maybe because they live in a country with high inflation, or they just don't fiat system. Others hold it for speculative reasons, because they expect it to go up in price.

Majority of users hold their coins to make higher profits in future and saving bitcoins is more beneficial then saving money in banks as interest paid by banks is too low and inflation will take away all your profits so the best thing would be to invest money in bitcoins and hold it for a long term.

cryptothinker

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Despite its volatility, some people feel safer holding Bitcoins instead of fiat. Maybe because they live in a country with high inflation, or they just don't trust fiat system. Others hold it for speculative reasons, because they expect it to go up in price.

mdzahed134

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I think your thinking is something funny.Bitcoin is dupming for certain time I mean there is little time it's falling.Such as example you can see just a few days apart bitcoin has increased worth of 400$+.So that's why everybody try to hold bitcoin.

NoNetwork

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Quote from: daxiake on August 10, 2017, 06:34:16 AM

Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

Holding Bitcoin really is a good thing since, the price really does gone up high. And to think that it will surpass our expectations of getting it to $3K is awesome. But I think, by this scenario Bitcoin will be more popular and be noticed by many people and eventually starts to join here in the community and invest.

daxiake

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Quote from: Kelvinid on August 10, 2017, 06:16:12 AM

Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

Kelvinid

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Quote from: Catswold on August 10, 2017, 05:58:39 AM

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.

YS84

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Money talks! People who are doing long term trading and have well understand for trading, they are holding bitcoins and selling at the right time which means the price get high to have maximum profit. Look at the bitcoin behavior from last few months. It is going high and higher even it has few drops. Many expertize believe it goes higher further. They explained if bitcoins follow “golden rules of digital technology” (Moore’s Law) bitcoin price could reach $100,000 per coin.
https://www.cryptocoinsnews.com/heres-how-the-bitcoin-price-reaches-100000-by-2021/

Catswold

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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.

Adbitco

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There's been an enormous increase in the prices of bitcoin and the rise in the prices has been consistent. There have been times when the prices went down but only to rise higher than before and that's the only reason most of the people hold bitcoins, to make money out of all this rise and drop in the prices of bitcoin. Some of us are holding it longer than others hoping that it would soon reach $10000 so people find it profitable investment and that's why they are holding.

Topic: Why people are holding Bitcoin? - page 94. (Read 58487 times)