What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They khow very well that its a ever increasing coin.So they remain cool and they just want to hold it in their wallets to sell in future at higher prices.
Topic: Why people are holding Bitcoin? - page 97. (Read 58484 times)
it's a simple accounting. Bitcoin provides a good amount of profit so that people are doing well with the help of this newly invented system. basically, people are holding Bitcoin for the future purpose. today's Bitcoin will be a great asset in the future. so people always prefer to take the best decision regarding making money. that is why they are using Bitcoin.
Most of the people hold their bitcoin to make good profit. It seems bitcoin price will be more high now days. And also people trust strong Buck up security of bitcoin.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Only newbies 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 knows very well the price movements of bitcoin.They have already seen that bitcoin has successfully overcome various critical issues and its surviving successfully.They khow very well that its a ever increasing coin.So they remain cool and they just want to hold it in their wallets to sell in future at higher prices.
People consider Bitcoin as an investment instrument. It works the same way like the other currencies. The price of Bitcoin may rise or fall for a particular period. However, in the case of Bitcoin, people see it as something that would continue to rise in the long run. And with that, considering Bitcoin as their investment, people are trying to find a perfect time where they think that they should sell their Bitcoin to a high price and avoid the possible depreciation of price.
I am sure the poll questions wet made mistakenly, right ?
People who are unwilling to sell their btc are as certain as I am that the skyrocketing prices are only the beginning of many years of growth. Seriously!
Cheers.
People who are unwilling to sell their btc are as certain as I am that the skyrocketing prices are only the beginning of many years of growth. Seriously!
Cheers.
There is only one reason why people hold their bitcoin and that is they trust the technology behind it, they trust that the price of their investment will continue to rise as the time goes by, it might be unrealistic especially for the lay people but for us the believers, this much is very true. There's even a study that price of single BITCOIN will reach a 100,000 Dollar by the year 2021. Let's just hope that this will happen.
The people holding their bitcoin because, they think bitcoin price will rise in this month, and what their expectations has happen right now, because the bitcoin price jump high this time
if you look on the bitcoin trend properly you can see that even if it falls for a period of time it doesn't fall that much...
But if it rises it really rise a lot...
maybe that should explain why are people is still holding on to their coins for a long period..
Why would you sell it if you know it could still increase in the future..
And why sell it if you dont need the money yet...
But if it rises it really rise a lot...
maybe that should explain why are people is still holding on to their coins for a long period..
Why would you sell it if you know it could still increase in the future..
And why sell it if you dont need the money yet...
Why people are holding Gold?
it is like gold that you can determine that it is rise every year end and also like an lot it can high when the year also ends. They hold bitcoin because they know that they can gain interest from that.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think the best thing to do whent he price is low is to hold, but when price is high you can make a profit by selling and then buy back in when the price drops again. This is the most intelligent thing to do for trading Bitcoin/altcoins.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Of course people holding their bitcoin to get profits from their investment. Especially when the price of bitcoin increasing like right now, most people who have bitcoins will hold more to get big profits. Actually some of them holding their bitcoin also for long term investment.
Yes for longterm investment! just like gold bitcoin will be hard to mine 21million cap will be hit.. price will surely go high as the demand goes high also. That is why it a good hold/longterm investment.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Of course people holding their bitcoin to get profits from their investment. Especially when the price of bitcoin increasing like right now, most people who have bitcoins will hold more to get big profits. Actually some of them holding their bitcoin also for long term investment.
I think they holding bitcoins, Because they waiting when the bitcoins pump up or for buying also in altcoins.
We all know all of us waiting for that time when they pump up the bitcoin.
Very simple, people are holding bitcoins because they want to wait for the right time to have more profit. Some also holding bitcoins for years because it serves as a savings at the same time investment for the future. And some are just very Richy, they hold bitcoins because they still have extra cash to buy what they need and want. Very lucky. We all know all of us waiting for that time when they pump up the bitcoin.
All bitcoin users hope that the rising bitcoin price increases, along with the increase of bitcoin users every time, of course with rising bitcoin prices certainly have a good impact the economy of its users
I think they holding bitcoins, Because they waiting when the bitcoins pump up or for buying also in altcoins.
We all know all of us waiting for that time when they pump up the bitcoin.
We all know all of us waiting for that time when they pump up the bitcoin.
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People have many reason why they are holding bitcoins maybe they are waiting for a higher value of bitcoin before they sell it and maybe they are planning to save it for the future of their kids or for their future or maybe they want to buy something expensive so they are earning lots of btc before they sell it
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 higherOne of reasons why it still holds bitcoin is prices continue to rise for a few days and i'm sure will continue again. Profit can be achieved from bitcoin is really very big for me. Most profitable investment today is bitcoin.
Exactly, and that's also my reason for holding bitcoin, I do not really like trading, I just buy and hold bitcoin for some time (at least 6 months) then will be selling as it can profit. What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think some people are investing in bitcoin for the long-term. They probably expect its value to increase very much in the next 5-10 years and are holding it as a form as long-term investment.
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