Why people sell bitcoins?

[ardhigalau]

Good question, I think people are selling bitcoins to get bitcoin back. When they already get a profit, they will sell, and buy bitcoin at a low price.

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[nithin@123]

For me BTC is an investment. And right now BTC price is very high. If you need money it is the best time to sell bitcoin.

[Albertartur]

Well ideally 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 to make use of.

[white.raiden]

Most profiters are invested and they earn a lot, especially when the value of bitcoin increases. so many are rich in investing. And so many people are selling bitcoins because they are more likely to spend on daily expenses.

[kikoy999]

of course I bought a cheap bitcoin for sale that they loved so that's why they sell bitcoin.

[Vadimvasily]

Many people are investing in Bitcoin. Therefore, Bitcoins are sold basically if a person needs money or simply if the current price suits him to sell out.

[eann014]

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.

Of course they sell bitcoin to gain profit. After buying it for an small amount, selling it in a high amount is the best way to earn from it. But if I choose to sell and to hold. I will hold my bitcoin but as of now I don't have enough sources of income, so I choose to convert by bitcoin into fiat so I can use it in our everyday needs.

[Afnan_faizah]

Most of the time we need money to buy things that we need everyday so i think one of the reason why some people sell their bitcoin because they have no choice tosell it especially if the only source of their income is bitcoin.

I think most of bitcoin users are speculative investors, so they become day trader. They buy and sell bitcoin to grow their amount of bitcoin. That is my opinion, but bitcoin too worth to spend, I preffer like to hold my bitcoin and wait the price increase.

[Shamie1002]

Of course there is more than just selling bitcoin.
-- some sell because they badly needed the money
--some sell because prices are high and they are predicting a decrease to buy more bitcoin.
--some becomes afraid and panic sell.
--some are for profit reasons only.
--for payment purposes.

[Albertvadim]

It depends on why he was purchased. If for investment, you can hold and wait for the price increase, while of course you can sell a part. If only for the purpose of earning.

[barefield22]

I think that they simply ready to get profit from it. They also can invest it in something more profitable

[leemaster]

To buy again of course. People try to exchange BTC which generally ends with a fail as BTC always grows

[BlasterS]

People sell bitcoins because they want to help people who have nothing to invest and for them to make profit.

[erickkyut]

There are lots of reasons why people sell their Bitcoins. One reason is that they already gained profit from it and they wanted to sell it to claim the profits. Maybe they bought it on a cheaper price and Bitcoin suddenly pump. Another reason is maybe they are afraid that Bitcoin might crash because there is a bad news about it. A good example is when Jamie Dimon said that Bitcoin is fraud. Many investors immediately sold their bitcoin that time.

[Jrfranco]

People sell they bitcoins because they need money..

[bxipp]

People sell they bitcoins because they need money..

They have to sell bitcoin because the price starting to dropped out.  Yeah sometime we need to sell bitcoin for our daily need too.

[Choii]

        People sell bitcoin because they need money in their own purpose or they sell because of the high value of bitcoin in order to earn more profit.

Yes i agree, that's the reason why people sell their bitcoin because they need money or the value going down. But for me the reason why i sell bitcoin because i want to gain my profit and buy again another coin or altcaoin.

[jokilax]

People can sell bitcoin depend on their own needs,sometimes investors sell when bitcoin cost reach their target.

[paradise123]

Why we sell bitcoin? Why we sell daily used thing like a second hand phone, a laptop etc. cause when you want something more or something you like you try to buy it or sold the old one and making a little profit or without a profit. You sell bitcoines on the current market price and when you get some hard money you try to bye more bitcoines when the bitcoin price get down. Some time you sell bitcoines cause you need some physical cash and you don't have a place, shop or any department that can accept bitcoin.

[Nhor1011]

  They need to cash out money from bitcoin to be use for buying their needs. If they dont sell how can they use their bitcoin if they always keeping it and also not using it for envestment. And people also sell bitcoin because of a higher exchange rate of it in terms of currency.