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Author Topic: Why people sell bitcoins?  (Read 9878 times)
kitkat04
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February 07, 2018, 05:19:10 PM
 #1461

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.
Yes bitcoin is an investment so people keeps then sell bitcoin then repeat that process again. Everytime bitcoin price goes down and they lose money they will keep their bitcoin but once if the price goes up again and exceed their starting money they will sell their bitcoin to earn an income then repeat the process again.

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BitcoinPaw
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February 07, 2018, 05:26:10 PM
 #1462

People just want to get profit till price is still higher than would be tommorow because you never know when something will change. Better to have something that nothing  Grin

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February 07, 2018, 05:37:03 PM
 #1463

Many invest in bitcoin, trying to buy it at a low price, hold and sell at a more expensive price. To get as much profit as possible.
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February 07, 2018, 05:46:55 PM
 #1464

I think why people sell bitcoin maybe because of the high bitcoin price so we can benefit from bitcoin sales and also why people sell bitcoin? Due to sudden needs they sell bitcoin even though bitcoin prices are still low.
SHOSHI ISLAM 5
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February 07, 2018, 06:14:36 PM
 #1465

Bitcoin is still a currency intent so it requires some other transfer and exchange. I believe that people can easily sell their bitcoin: It instantly earns money and earns profit because it is their own or strategic way that meets the requirements and requirements for their fundraising. Frustration: It costs more, goes to sell without saving or saving.
haster100
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February 07, 2018, 06:20:20 PM
 #1466

Well selling bitcoin for a greater profit or to earn a profit is good. Bitcoin is investment that is why we sellnour bitcoin at a higher price otherwise keep it and wait for the price to increase again.
Wayan_Pedjeng
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February 07, 2018, 06:25:20 PM
 #1467

Profit booking is not peculiar to Bitcoin or other forms of crypto-currency. It happens with other assets, such as real estate, equities, mutual funds.etc. So it is not surprising that some people are selling their coins.
JohnHero
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February 07, 2018, 06:26:25 PM
 #1468

People are mainly selling because they don't know the real value of their digital asset. Bitcoin will eventually become a simbol, and a symbol never dies. Bitcoin is forever.
dyewic
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February 07, 2018, 06:38:23 PM
 #1469

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 strongly agree on your opinion that, 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. And adding also my opinion that, Bitcoin was actually invented to be an alternative to fiat not just a store of value and a commodity to be traded. In addition, To claim profit and to liquidate assets? Traders often sell their coins whenever they already attained their desired profit, and buy whenever they got their desired entry price. On the other hand, holding bitcoin is good, is like investing in one establishment because you can earn money from that it is a simple way of investing in bitcoin. But some peole sell their bitcoin it because they need fiat money to buy their needs and want
hodlbitcoin2020
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February 07, 2018, 06:46:51 PM
 #1470

People sell bitcoin because they are panic of prices but later they will release they are doing mistake bitcoin will bounce back very soon
LeveldKrypto
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February 07, 2018, 06:49:42 PM
 #1471

Thay might also be selling because thay believe it will og further down, to buy in at lower price. And of course there is a lot of panic selling because of the FUD.
AntonGrishko
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February 07, 2018, 06:52:39 PM
 #1472

People sell Bitcoin to make profit or reasonable loss or panic sell. Everything revolves around money.
siddu67
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February 07, 2018, 07:13:40 PM
 #1473

There can be so many reasons behind selling bitcoin.Firstly people sell bitcoins to fulfill their needs.Secondly people sell bitcoins when their bitcoin price ggies upto their desire level or more. There are so many reasons like these behind selling bitcoin.

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February 07, 2018, 07:25:20 PM
 #1474

lot of people sell their bitcoin to earn FIAT money for their daily needs.some people doing crypto currency as their main income so that is fair.But some selling bitcoins because of fear.They think bitcoin will die soon.Government regulations and other fake rumors are the main reason for that.They just following the news from social media and dump bitcoins.But again they buy back after bitcoin go high.and some selling bitcoins because they are day traders.they always happy with small profit.These are the reasons according to my point of view

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February 07, 2018, 07:29:44 PM
 #1475

Virgin Money joins ban on buying Bitcoin on credit cards

Some us bank ban buying bitcoin just on credit card
But some media have been announced that us ban bitcoin and this effect all the market
Be patient and dont listen to rumors
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February 07, 2018, 07:44:00 PM
 #1476

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.
Money is the seccond god all over the world .Sometimes we faced a big problem and need  to sell everything .But people sell for bitcoin some reason
1.need huge money
2.get a target profit
3.sell for bitcoin panic
Now many people sell their bitcoin for panic because they think bitcoin will be down anytime .But crypto currency is a place where hold is gold thats means never sell panic or low price and always try to buy low and sell it high.

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chikading2016
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February 07, 2018, 08:53:23 PM
 #1477

lot of people sell their bitcoin to earn FIAT money for their daily needs.some people doing crypto currency as their main income so that is fair.But some selling bitcoins because of fear.They think bitcoin will die soon.Government regulations and other fake rumors are the main reason for that.They just following the news from social media and dump bitcoins.But again they buy back after bitcoin go high.and some selling bitcoins because they are day traders.they always happy with small profit.These are the reasons according to my point of view

Yes i agree with that , regarding to many survey. Mostly bitcoin invested to family need, daily need and people wanted. And also many users sell their bitcoin if the value is high that the time they sell their bitcoin, like what you said people also afraid by silling bitcoin. Their are many reason why people selling it. That is the fact why we need to sell bitcoin.

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February 07, 2018, 09:04:19 PM
 #1478

The primary reason why an investor puts his/her money in bitcoin is to make profit. Why holding your Bitcoin, the longer you wait for it to rise to a reasonable point the mostly likely you stand to gain from. Waiting sometimes can be scary, but are free to sell at any comfortable bitcoin price. People actually sell out of fear of Bitcoin price dropping drastically.
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February 07, 2018, 09:30:57 PM
 #1479

one of the reason for sell bitcoin, if people get already profit only they are sell bitcoin. but now btc is holding time.

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February 07, 2018, 09:37:47 PM
 #1480

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.
I think people will hold their bitcoin now since the price of bitcoin dropped so low and why they sell it?? Of course, when bitcoin gets high again they gonna sell bitcoin so they have double and triple income money.
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