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Author Topic: Why people sell bitcoins?  (Read 9878 times)
-avp
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January 13, 2018, 12:13:15 PM
 #1121

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
basically, bitcoin is banned in your country? you better stay low with the bitcoins! might get you in trouble.

People sell bitcoin because its an investment and that what it's suppose to do.
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Creepings
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January 13, 2018, 12:20:04 PM
 #1122

When you buy something from a cheap price and you know that it will be having a pump in the future, you will think that it will be worth it. And when that time comes, actually you are thinking that it may pump but you can't stop yourself from selling it to get the profit you deserve. I am also like that since I get pretty hyped up when bitcoin price pumps but most of the time, I hold them.
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January 13, 2018, 12:21:51 PM
 #1123

Well, sometimes you need to have a form of money that the man in the shop selling you food will accept - and this usually is not Bitcoin Smiley
moetimas
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January 13, 2018, 12:42:38 PM
 #1124

I sell bitcoin because the government here does not allow bitcoin to be used as a valid means of payment, therefore I must convert it first into the official currency of my country. and in my opinion, most of the people who already sell bitcoin because it already benefits. we all know that the bitcoin price fluctuates, it will be used by people to sell it when the price goes up and then buy it again when the price goes down.
electronix11
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January 13, 2018, 12:49:11 PM
 #1125

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.

People sell bitcoin for an obvious reasons, most of them wanted to earn money for all the expenses and things they wanted to buy. People to bitcoin to earn money.
linkfield
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January 13, 2018, 12:50:09 PM
 #1126

In case you need money selling your bitcoins would be a great way to get them immediately. There are some who save btc just to sell them.
Tramle091296
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January 13, 2018, 12:56:15 PM
 #1127

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
i Agree with that. Also if there a emergency like medical or for outing they selk it for personal use.

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Kimberly D. Bailey
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January 13, 2018, 01:03:47 PM
 #1128

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
Bitcoin is a relatively private currency. On the one hand, bitcoin is very transparent, everyone knows how much a bitcoin deal holds. Bitcoin has risen sharply with profit not in percentage but by the number of times in a short period of time attracting the attention of people and investors in the world.
Pasaway2701
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January 13, 2018, 01:09:00 PM
 #1129

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
i Agree with that. Also if there a emergency like medical or for outing they selk it for personal use.
They sell bitcoin because they see that they already have profit on it and start other investment. Some are selling bitcoin because they need money for important things that even there is dump they have to take the risk for it. It is good to save bitcoin and make it profitable instead of spending it.

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oxidoreductase
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January 13, 2018, 01:56:10 PM
 #1130

Because if they r bitcoin buy last 6 month ago then they r already now get a much better profit.
My only explanation why some people are selling there bitcoin is they need a real money so they can survive in this world and for me people are selling there bitcoin when the value of it is we  will only pump so they will make more money in that way. And people are selling bitcoin because they are afraid when the value of it is we will dumped.
Happydd
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January 13, 2018, 02:09:02 PM
 #1131

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
Every bitcoin seller when they feel the word. Me too if my bitcoin is worth the price then I will sell it. In cases where bitcoin is down, bitcoin players are very rare as it will collapse at any time. Should keep or sell bitcoin also depends on the bitcoin market and players.
Coinsher
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January 13, 2018, 02:39:49 PM
 #1132

of course people sell bitcoin to make profit and then if the price is down again, they can buy another bitcoin and then they will hold until the price is back increase. this conditions will be repeat over and over. no matter if the price is at the higher price, as long as there is difference for the buy and sell, people will used this chance to make profit. but for a bag holder, they don't do this and they only buy once and waiting until they see the price is increase so high then they will sell it.
I guess this is not the only reason why people sell their bitcoins.In the latest news,south korea plans to ban all cryptocurrency.And all bitcoiners their are afraid of it,so they sell their bitcoins immediately before it happens.Although it is just a plan but they consider it as a serious matter in order to avoid the loss of profits.

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January 13, 2018, 07:31:44 PM
 #1133

many reasons why people sell the bitcoin. but if i personally have bitcoin, i will sell it when price soar.

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cryptonoel
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January 13, 2018, 08:10:49 PM
 #1134

Bitcoin is an investment people buy and sale it to make profit. Few people invest and keep it and when they need money they sale it.
khan149
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January 13, 2018, 08:44:28 PM
 #1135

Everyone is selling because of profits or Bitcoin is selling because of the price decrease.Those who are holding Bitcoin are already making profits.Someone needs money Because of that, may sell.
Stimah12
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January 14, 2018, 08:51:54 PM
 #1136

Selling is what make the business fantastic... Moreso, bitcoin is a means of investment, but if you really need the money for whatever reason, you have to sell the coins to get some sort of fiat currency back.
minldem
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January 14, 2018, 08:53:55 PM
 #1137

Never was too late to invest but it became difficult to buy and hodl. I think there is o actual time to sell it. Actually I believe it is going to rise again and I still believe it is stable but if the transaction fees going to be that high, most people do prefer ethereum or litecoin for transfer.
nethan1btc
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January 14, 2018, 09:01:50 PM
 #1138

People like me and you are always afraid of bitcoin value dropping to zero overnight Smiley that is why they are selling whenever the price get to another level. Some people sell bitcoin for a living in form of a business while others work to earn it and dump immediately. people have different motivations that is it. 
You're quite right mate, but most of the time many people sell their bitcoin due to some needed to spend, a thing that might useful to their life. The main purpose why we are dealing with this coin is to earn and there's nothing else. The more years to hold, I mean in long term investment is the more risky it is and much better profit to expect.
jeepuerit
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January 15, 2018, 11:08:28 AM
 #1139

They sell bitcoin to make money and invest in other trading, much with bitcoins, different coins that bitcoin can use.
In most of our people bitcoin is sold as one gamble.
freakingcat
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January 15, 2018, 11:09:54 AM
 #1140

The government should mind its own business, not interfere in everything.

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