If i have a lot of bitcoin i still save bitcoin. The price of bitcoin may increase in the future. I invested in it with a big profit. Besides saving me spending a small sum on spending
same is here! No matter how much I have I will hold for a bigger jump and when that jump happens then I will sell my bit coins for a bigger price and see the whole world buy a hummer, a couple of Norwegian horses and live my days to an early grave.
most of the investors consider bitcoin as one of the most safe investment, and therefore most of the people want to continue their investment to increase therefore they are holding bitcoin.
I don't think we consider it as a safe investment, in fact it is the most risky investment due to the fact that it is not stable enough.
However, we risk for that reality because we know that the return is also awesome if bitcoin will be more successful, hence we need to learn how to focus on the long term since it is where we can make enough profit and time will come that we do not need to work anymore because our bitcoin will be the one who is working for us.