Why people are holding Bitcoin? - page 98.

virtualkeybuyer

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Quote from: Natsuu on August 08, 2017, 07:08:37 AM

Quote from: Nanda Dewi277 on August 07, 2017, 10:07:15 PM

Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Indeed bitcoin is our present and the future.
Many believes in bitcoin as the price proves it all. From being at lowest and now that the price is constantly rising.
But seems that some are in sorrow as they sold their coins during fuds and didn't believe in bitcoin.

Obviously, bitcoins have secure future and will soon be treated as an international currency. Those who have given up on their bitcoins during the dumping phase must be regretting there silly decisions. We all know the jumping and pumping are essential in Crypto trading and are the essence of Crypto market. So I don't find any reason of giving up on coins such as Bitcoins which are the rulers of Crypto Kingdom during the dumping period.

K_Roome

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

Great thread. Same mindset here. Many people say the prices of cryptos are high but we also thought that about Amazon, Apple and Facebok last year. Do you know this interesting site? https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. Check for example: https://www.coincheckup.com/coins/Ripple#analysis To check Ripple Investment research.

ahmia39

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One 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.

suzanne5223

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Quote from: madwica on August 07, 2017, 10:22:51 PM

Quote from: Nanda Dewi277 on August 07, 2017, 10:07:15 PM

Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Agree that is the main reason why more users are holding bitcoin, but for me i just want to sell my bitcoin if i see good profit already at the current value of bitcoin even it will increase more i do not regret on that since i already gain a profit then i just waiting again for the dump of value while i am continue collecting bitcoin in myultiple source of bitcoin.

It good you're still collecting some bitcoin through a multiple source and I knew you're in this game before but I will advice you not to sale your bitcoin if you don't need the money for an urgent situation because I did the samething last year selling off 80% of my coin and now regretting taking such steps. Besides, halving is around the corner and the more bitcoin you hold the higher your profit.

dejames

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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.

Natsuu

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Quote from: Nanda Dewi277 on August 07, 2017, 10:07:15 PM

Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Indeed bitcoin is our present and the future.
Many believes in bitcoin as the price proves it all. From being at lowest and now that the price is constantly rising.
But seems that some are in sorrow as they sold their coins during fuds and didn't believe in bitcoin.

qrhyxelle

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People are holding bitcoins for simple reason vecause they believe on bitcoins future. Many people believe those speculations saying btc prive would reach up to hundred thousand bucks in the future and as you can see how btv moves lately think that wont be impossible to happen though. Personally I had been tempted to convert my btc many times specially before aug 1 when btc price start falling but good for me I hold them all now price pump so fast everyday.

DoublerHunter

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Quote from: Haynes on August 08, 2017, 05:14:57 AM

Bitcoin prices are always up and down. We can not easily predict.
Bitcoins are a valuable asset for the future so that's why I keep bitcoins when the price goes down.

If i were you, i will be smart in managing my bitcoins because if i will just be idle and just keep my bitcoin and if i will not play my bitcoins in the market then the chance of getting rich fast is low, if you will play it like buying it cheap and selling it for an expensive price is a smart or wise decision because you can easily make money and you can buy more amount of bitcoin if its value goes down again.

Haynes

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Bitcoin prices are always up and down. We can not easily predict.
Bitcoins are a valuable asset for the future so that's why I keep bitcoins when the price goes down.

flower1024

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Quote from: ekoice on August 08, 2017, 02:32:18 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

Bitcoin holders have already seen such price rises and dips many times before.They are well aware that each time bitcoin price increases followed by a price fall,still bitcoin price would get stable only at a price higher than its previous price.They have seen bitcoin price gradually increasing in a long term basis and so they don't want to bother any price fluctuations in short term and they feel much comfortable in holding bitcoins instead of selling in panic as newbies do.

Yes all users make one target if the price reaches that target they will sell. This is the strategy everyone is making. Now the price is increasing but doesn't know when it is going to dump. If you keep watching the price and one day if you missed to watch and the price drop you will lose money. So i am following that method the price is on the way to my target when it crosses i will sell my coins.

ozeth

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Quote from: ekoice on August 08, 2017, 02:32:18 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

Bitcoin holders have already seen such price rises and dips many times before.They are well aware that each time bitcoin price increases followed by a price fall,still bitcoin price would get stable only at a price higher than its previous price.They have seen bitcoin price gradually increasing in a long term basis and so they don't want to bother any price fluctuations in short term and they feel much comfortable in holding bitcoins instead of selling in panic as newbies do.

People without experience in daytrading are usually the "weak hands" because with every dip they sell immediately.

I would call my self also a weak hand. I stopped daytrading. I'm more of a fundamental analysis kind of guy instead of technical analysis. Realizing that and the economics behind Bitcoin (limited supply, growing demand) makes you way more comfortable hodling + I put my hole portfolio on a cold wallet to keep it away from exchanges Wink

sunneybitc

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People holding bitcoin depends on the market,price will rise and down,investors hope for the best price,and they are waiting for the good profits in future.

leea-1334

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Quote from: ekoice on August 08, 2017, 02:32:18 AM

Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

Bitcoin holders have already seen such price rises and dips many times before.They are well aware that each time bitcoin price increases followed by a price fall,still bitcoin price would get stable only at a price higher than its previous price.They have seen bitcoin price gradually increasing in a long term basis and so they don't want to bother any price fluctuations in short term and they feel much comfortable in holding bitcoins instead of selling in panic as newbies do.

This is true only for as long as it is true. I am also a Bitcoin believer, but I know one day this pattern has to change. I am hoping it does not for a very long time. I know all holders have this hope. People all talk about $10.000 or even 1.000.000. But we are more simple. We hold. But we also hope.

ekoice

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Quote from: nidacoinlove on July 14, 2017, 09:23:27 AM

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

Bitcoin holders have already seen such price rises and dips many times before.They are well aware that each time bitcoin price increases followed by a price fall,still bitcoin price would get stable only at a price higher than its previous price.They have seen bitcoin price gradually increasing in a long term basis and so they don't want to bother any price fluctuations in short term and they feel much comfortable in holding bitcoins instead of selling in panic as newbies do.

ilham nur77

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Quote from: madwica on August 07, 2017, 10:22:51 PM

Quote from: Nanda Dewi277 on August 07, 2017, 10:07:15 PM

Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Agree that is the main reason why more users are holding bitcoin, but for me i just want to sell my bitcoin if i see good profit already at the current value of bitcoin even it will increase more i do not regret on that since i already gain a profit then i just waiting again for the dump of value while i am continue collecting bitcoin in myultiple source of bitcoin.

trading Bitcoin is very profitable, my friend now can buy a car from Bitcoin trading profits. It's a very interested income.

madwica

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Quote from: Nanda Dewi277 on August 07, 2017, 10:07:15 PM

Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Agree that is the main reason why more users are holding bitcoin, but for me i just want to sell my bitcoin if i see good profit already at the current value of bitcoin even it will increase more i do not regret on that since i already gain a profit then i just waiting again for the dump of value while i am continue collecting bitcoin in myultiple source of bitcoin.

Nanda Dewi277

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Quote from: Lm2e4 on August 07, 2017, 09:58:41 PM

Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

it's very true, hold Bitcoin and wait until high price because many people know Bitcoin have a good future.

Ayiranorea

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Think of the price growth that has happened as well gonna happen with bitcoin. One who have bought it during the starting of the ongoing year has profited more than $2500 which one cannot gain through any other form of investment. This is the one that makes people hold bitcoin for a long time period.

Lm2e4

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Maybe the reason why people are holding their bitcoin is that they are waiting for it's higher price. Because cashing out bitcoin at lower price would be a big regret, when bitcoin price turns high.

NoNetwork

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Quote from: SilentSculptor on August 06, 2017, 01:12:12 PM

People are holding bitcoin with a hope that its price is sure to hike in future and will made them earn a huge profit as its a future currency and being the early investors they will earn huge profit .

I think they are holding not because of the hope that its price will go rocket in the future (of course it will) but that's because they already have mass numbers of bitcoin. I mean if you have so much of this you wouldn't be bothered with financial crisis anymore. The only thing you could do now is to hold them and think about how to spend them.

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