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Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:15 pm
by Jaxson
Do people hold just because others are holding ?

Re: Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:26 pm
by Xavier
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.

Re: Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:26 pm
by Jaxson
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

Re: Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:28 pm
by Emmett
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

Re: Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:29 pm
by Jaxson
What is your major reason for holding and how do your survive the bear market?

Re: Why do people hold their bitcoins

Posted: Thu Feb 02, 2023 11:30 pm
by Xavier
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.

Re: Why do people hold their bitcoins

Posted: Fri Feb 03, 2023 3:28 pm
by pcworldforum
Better than gold value?