Why do people hold their bitcoins

Jaxson
Posts: 21
Joined: Thu Feb 02, 2023 11:01 pm

Do people hold just because others are holding ?
Xavier
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Joined: Thu Feb 02, 2023 10:14 pm

No, we all have target prices, and we'll hold as much as we can. But since that's how the market operates, no one can stop us if we need to sell it.
Jaxson
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Joined: Thu Feb 02, 2023 11:01 pm

Xavier wrote: Thu Feb 02, 2023 11:26 pm No, we all have target prices, and we'll hold as much as we can. But since that's how the market operates, no one can stop us if we need to sell it.
I see but i wonder why so people hold rather than sell and buy again when low
Emmett
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Joined: Thu Feb 02, 2023 11:03 pm

Jaxson wrote: Thu Feb 02, 2023 11:26 pm
Xavier wrote: Thu Feb 02, 2023 11:26 pm No, we all have target prices, and we'll hold as much as we can. But since that's how the market operates, no one can stop us if we need to sell it.
I see but i wonder why so people hold rather than sell and buy again when low
It's because they are aware that the price will increase and become more costly in the future. It's an investment, and we don't want to sell it for less than we paid for it
Jaxson
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Joined: Thu Feb 02, 2023 11:01 pm

What is your major reason for holding and how do your survive the bear market?
Xavier
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Joined: Thu Feb 02, 2023 10:14 pm

Jaxson wrote: Thu Feb 02, 2023 11:29 pm What is your major reason for holding and how do your survive the bear market?
According to what I've seen in the market, waiting patiently will pay off over the next years. I made it through the bad market as usual; don't look at the charts if you disagree with their projections, and simply be steadfast in your long-term goals.
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pcworldforum
Site Admin
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Joined: Mon Oct 19, 2020 9:40 am

Better than gold value?
Maverick
Posts: 241
Joined: Sun Apr 07, 2024 7:22 pm

Yeah, it’s called “HODLing.” Many believe Bitcoin’s value will rise in the future, so they keep it as a long-term investment.
Kai
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Joined: Sun Apr 07, 2024 7:40 pm

Maverick wrote: Tue Mar 18, 2025 2:55 am Yeah, it’s called “HODLing.” Many believe Bitcoin’s value will rise in the future, so they keep it as a long-term investment.
That makes sense. Since Bitcoin has limited supply, its price could go up over time.
Maverick
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Kai wrote: Tue Mar 18, 2025 2:59 am
Maverick wrote: Tue Mar 18, 2025 2:55 am Yeah, it’s called “HODLing.” Many believe Bitcoin’s value will rise in the future, so they keep it as a long-term investment.
That makes sense. Since Bitcoin has limited supply, its price could go up over time.
Exactly! Unlike regular money, which governments can print more of, Bitcoin is capped at 21 million coins. That scarcity makes people believe it will become more valuable.
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