Why are you holding cryptocurrency?

[Wilmer Garcia 0]

I personally have my cryptocurrencies because I think it's a safe way to keep my money saved without losing its value on the contrary with option to make every day thong a little more valuable

[AmjadBydn 0]

I think everyone here have the same answer ! it's simply to make profits ! because it's increase big increase and who work in this can make good profits ! 

[betelihem 4766]

On 12/20/2019 at 11:17 AM, Delgboke said:

I discovered that some people actually complaining about the crypto bearish market and I know that the reason why the bearish market is because many people are selling their coins, so why do you choose to hold your coins? 

Crypto workers are holding there coins are waiting for the price to rice and sell them, in that way they can make profit from it. but some peoples are so greedy they can sell there coins and still make some profit but they are waiting to get big profit with one time, but they don't think that they can make double of that price only by tradin.

[Mohssine 1725]

Because the know all people will trust cryptocurrency and start to investing in, and the price of cryptocurrency will rise , so the keep them to future when cryptocurrency rise and than the can sell it and get a profit.

[Zues 1069]

On 5/18/2020 at 5:19 PM, Kerseem said:

I like holding coin from some period if time which in the future bring more profit than now and most of my earning are used to buy coin and hold for long period of time. 

Yes I think that you are right and I think that I am holding my cryptocurrency too just like the same reason as you because I want to earn profits more in the future but it too holds a risk because the money might be gone. 

[Zalaks007 543]

Currently am holding few coin most especially btc and Ethereum.  I also hold yo coin, ripple and water, among others. I try as much as possible to hold few coin in other not to lose concentration on the main ones which is btc and ethe.

[Hatred 1388]

On 12/20/2019 at 4:17 PM, Delgboke said:

so why do you choose to hold your coins? 

Well I sometimes hold my coins because of the purpose of its worth. I believe that there's a right time for everything. That's why sometimes I hold my coins because I wait for the right time that it is worthy to release or invest. And if that happens, I think that I can earn much more higher profit than the value of my hold coin.

[Cryptorocks7 0]

Well I am holding my cryptocurrency because I am new in this cryptoworld and i don't have any idea about my cryptocurrency so I kept it in my wallet and I am learning about it.

[harzallah 161]

Frankly, I don't use it that much, but what I draw my attention to is privacy with the ability to earn and collect bitcoins.

[Saj555 2250]

I have been holding my bitcoins so that the price rises up. A halving took place this year. And after the halving the prices of the cryptocurrencies will be in the top position. And also the situation will be in good hands actually. Now the prices are quite not accurate but it is still growing after the halving. And it will go approximately above 20k usd after 6 months i guess. So i think that holding might be profitable for me. 

[DreamStage 2105]

Well basically if i go withdraw all my funds to a bank, it can go bankrupt and potentialy run away with my funds or even use it for their own debts.

 

So i prefer saving them at my own virtual wallets or hard wallet as trezor and get my money safe and stored well in my possession.

 

I'm also waiting for some other huge price spike and profit from it.

[koussai999 1986]

I choose to keep cryptocurrencies because it is the future and because investing in them is one of the best investments at the present time and because it is definitely the new generation of currencies

[BTC Future 3946]

On 5/19/2020 at 7:19 PM, betelihem said:

Crypto workers are holding there coins are waiting for the price to rice and sell them, in that way they can make profit from it. but some peoples are so greedy they can sell there coins and still make some profit but they are waiting to get big profit with one time, but they don't think that they can make double of that price only by tradin.

I agree. From what I've seen people working for crypto usually dump their coins the moment they are given to them. Depending on the coin it probably doesn't damage price, but usually they don't know that the coins are given to them when price is weak. Depending on the coin again. Sometimes holding is better as you said, they can make double the money if they wait for a while.

[betelihem 4766]

20 hours ago, BTC Future said:

I agree. From what I've seen people working for crypto usually dump their coins the moment they are given to them. Depending on the coin it probably doesn't damage price, but usually they don't know that the coins are given to them when price is weak. Depending on the coin again. Sometimes holding is better as you said, they can make double the money if they wait for a while.

That's true friend, we make our best disitions, we don't read or see some tutorials to know if we are doing good, but just like you said holding our coins will give us good moneys, the only thing we want is to know how long we have to wait till the price rises,

[galxy89 8]

I don't hold any coins. but I think if you want to hold a coin for a long time it's better to hold a BTC. because BTC has a good price potential rather than holding altcoin which may not necessarily experience a price increase like BTC. I also include the hodl to etherum. it lately continues to experience good graphics, so I think it is appropriate to hold etherum at this time. at the end of 2020 could potentially go up to $800.

[Sugibengi 390]

On 12/20/2019 at 3:17 PM, Delgboke said:

I discovered that some people actually complaining about the crypto bearish market and I know that the reason why the bearish market is because many people are selling their coins, so why do you choose to hold your coins? 

Actually it depends on the type of coins I hold, when I have bitcoin and the market is bearish, I choose to hold my bitcoin and don't panic. The decline in the price of bitcoin was only temporary, so I continued to hold myself back until the market returned to bullish.

[BTC Future 3946]

8 minutes ago, Sugibengi said:

Actually it depends on the type of coins I hold, when I have bitcoin and the market is bearish, I choose to hold my bitcoin and don't panic. The decline in the price of bitcoin was only temporary, so I continued to hold myself back until the market returned to bullish.

This is the best tactic. From my experience we should always hold at least 50% in Bitcoin. If the market begins going down this will save us from a lot of trouble. Altcoins can pump at some times, but they are really high risk investments. Holding too much in altcoins might lead to huge losses which we won't be able to recover. This happened to many altcoin holders in 2018. There are people that bought Ripple at $3 and price is now 17 cents. There is no way for them to recover.

[BitcryptoHan 2557]

As for me, I do not see holding is good for now, I will always prefer to trade, trading is better. I can trade in such a way I am also holding which is called swing trading, it is just the best way out of all when talking about low risks and profit. 

[khan22 3478]

I buy the coins at a high price and then after some time market is going down and i am in loss so i just safe the coins and wait for the market bull and i got some profit through it becasue in the crypto market so many peoples will know that if the coin is at low price this time it will definitely go to up one day and we need to be wait for that.

[Kenciuu 1729]

Maybe they're holding their coins because they know it can give them profit when the price is getting higher. They just wait for the right time to exchange those coins they are holding. I think it is smart if you think that way. You're waiting for the possibility of higher prices that can help the crypto world.

[DiamondBit 720]

I hold coin because of profit, every holders want the coins they are hold in to increase in price and gain from it, because as the price of the coin is increasing, the more the gain. 

[Mcd0d0 5882]

On 1/28/2020 at 5:21 PM, Win said:

For the future bullish  of the price of bitcoins and also for some of altcoins for the future of gaining profits.when the price will bullish again

Well, that's true mate, we can get a huge amount of profit here by just waiting for a good value especially for Bitcoin because this is profitable by having a good value in the market, as of now I'm holding xrp and btc because i know this will be being dominant in the market in this coming months.

[P A Ashif 2409]

Preferably I choose to hold crypto. Because 90% of the crypto goes up only If it's a legit project. So in this fast developing world the demand of crypto as well as increases. It becomes very necessary to have a crypto savings with us. So in future we can make more profit. 

[BitcryptoHan 2557]

20 hours ago, MarsDota2 said:

Holding is not a good thing to do right now since the movement of all the crypto currency's price is not good. Let's wait for any crypto currency to have a lower price so that we can invest a lot on it and sell it when the price goes up.

You are just right, trading is the best, if someone can not do short term trading, swing trading risk is equal to holding risk, so I will prefer to just do swing trading. 

[zizi17 50]

I think this is very harmful, I keep it because I want to get very high profits, and I keep bitcoin currency, where you can see that the price of bitcoin goes up, if I sell it cheaply, so I will keep it until the price goes up too high.