spinach98
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December 25, 2017, 12:40:50 AM |
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People sell bitcoin for good also some people sell it when the price is high so that they can be able to earn big profit but it will takes time specially right now bitcoin price drops so you need to wait a little bit because bitcoin price is volatile before you can sell your bitcoin.
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reingelz09
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December 25, 2017, 12:42:38 AM |
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Selling bitcoins is normal in bitcoin community. Its our main purpose here to hold for a while and sell when it's price spike. Commonly done by traders buy and sell bitcoins.
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Bandon
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December 25, 2017, 12:58:28 AM |
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It is a common strategy to bitcoin holders. They sell bitcoin when the price is high to earn large profit. A lot of people are doing that here, buying and selling bitcoin. People like me sell bitcoin for our daily expenses.
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BlackRock
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December 25, 2017, 01:17:43 AM |
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Yes,Some people sell bitcoin because they buy at low and sell at high and repeat.Have ever wondered why Jewelers sell gold and diamonds ? Cos they just do business and earn money more than what they would have earned holding them for life
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kirti rana
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December 25, 2017, 03:01:54 AM |
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Bitcoin is a digital currency in cryptomarket, so people sell it because its price is high to other coins.
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Lonthe
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December 25, 2017, 03:14:41 AM |
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Because people need money, as it happens today that many people sell bitcoin because it requires money to celebrate the moment of the new year.
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darrly
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December 25, 2017, 03:17:50 AM |
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Maybe those who sells bitcoin need the profit and need cash. Or maybe they have more than enough to hold and want to buy things. There are many reasons as to why they sell it.
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Darklinkz
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December 25, 2017, 03:22:52 AM |
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Maybe those who sells bitcoin need the profit and need cash. Or maybe they have more than enough to hold and want to buy things. There are many reasons as to why they sell it.
Some of them are just waiting for the right moment for bitcoin to reach $10k or above where the amount they they have in exchange for fiat is enough to buy a house or a car. |
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strawberrypills
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December 25, 2017, 03:26:18 AM |
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Isn't it obvious why people are selling their bitcoin? They needed money. Just a common sense.
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posoa
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December 25, 2017, 03:28:06 AM |
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I think mostly people sell to collect profit or because they need money. At least this is when I sell. Holding is better.
I agree with you that most people sell to gain profit when they are in need of money. This will have been investors who have hold on for a long time and now feel his bitcoin have appreciated to be sold for him to make use of the money. |
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scout5
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December 25, 2017, 03:51:50 AM |
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Isn't it obvious why people are selling their bitcoin? They needed money. Just a common sense.
This. It's funny how people are mindblown by this simple reason LOL |
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Gategold
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December 25, 2017, 03:59:17 AM |
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Isn't it obvious why people are selling their bitcoin? They needed money. Just a common sense.
This. It's funny how people are mindblown by this simple reason LOL The reason is to simple, many people are sell their bitcoin due to their strategy, they are bitcoin traders  . May be we just need more complex question like why people sell bitcoin when the price is fall? Or rise?. |
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mensha
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December 25, 2017, 04:23:14 AM |
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There are main three category of investors in bitcoin market.
01. Long holders
02. Day today traders
03. 50% long hold and 50% Trading
Most of the time all three categories are withdrawing their investment money out of crypto market to reduce their risk on their money.
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GreatArkansas
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Buy/Sell crypto at BestChange
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December 25, 2017, 04:28:38 AM |
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There are many reasons why, first maybe they need cash in real life, or some are in panic, because the price of bitcoin is volatile. Or people keep saying that bitcoin is scam that's why they are selling.
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triciaa478
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December 25, 2017, 04:29:27 AM |
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Most people use bitcoins as a means of investment, When a small move in price result in profit , they sell. On other hand, some people trade bitcoins for other crypto currencies which has a potential of becoming a next bitcoin. I hardly sell bitcoins because I am in for a longer term profit.
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beezunus
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December 25, 2017, 04:36:56 AM |
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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.
usually people start selling bitcoin when they already get the expected profit or they need money for their needs and they will buy again when the price drops |
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anjaydut
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December 25, 2017, 04:47:56 AM |
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People sell bitcoin to get money, when bitcoin prices drop almost everyone goes to buy bitcoin then when prices go up they sell bitcoin this is done because they expect to get as much profit as possible from bitcoin.
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Advicerabi
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December 25, 2017, 05:04:00 AM |
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I think the bitcoin is one from of investment and there are several reason why selling bitcoin :
- investor had enough profit.
- need cash for daily needs
- there also are wooried because of the price of the bitcoin declining.
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swordling143
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December 25, 2017, 05:09:00 AM |
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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 actually sell bitcoin for 2 particular reason. The first is when they feel that bitcoin's value is high enough for them to earn the money that they spent in buying it which is the capital and intends to buy again when the value is low. The second reason would be when they panic because they feel that bitcoin is losing too much value and they feel that they would not earn anymore. |
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Erza
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December 25, 2017, 08:38:44 AM |
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Maybe those who sells bitcoin need the profit and need cash. Or maybe they have more than enough to hold and want to buy things. There are many reasons as to why they sell it.
Some of them are just waiting for the right moment for bitcoin to reach $10k or above where the amount they they have in exchange for fiat is enough to buy a house or a car. The point is they need money right? If they do not need it why they want to sell it then? There is so many proof that bitcoin are going to rise for sure in the end of 2018, people are not stupid enough to sell those amount if they do not need it for sure. You can see the track record thst bitcoin price is increasing every year which make people want to have more and more coin because it is really profitable |
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