What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
In my case, I hold my bitcoin for a long time because I want my earnings to increase more. I want my money grow together with the increase of bitcoin'sv value. But still there are instances wherein I spend some of it for some emergency stuffs but I make sure that I am saving more than spending.
Yeah most of people are holding their coins because they know that future will be all about bitcoin and there will be a lot more profit in this coin so that they are holding now, holding is the best thing it leads toward a lot of profit and that profit will maybe 100 time of the money invested so those who only do buy and sell they have this option to generate a large income from this so that they dont have to worry.
I agree 100% with you people are holding it because they can see how much money you can make if it rises in the future. Many people don´t want to invest and sell quickly.
They just try to buy it and then hold it until it gets pumped up so they can sell it and have profit from it.