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Author Topic: Why people sell bitcoins?  (Read 9878 times)
cloudbleron18
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December 25, 2017, 08:46:47 AM
 #681

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.
becaise they need money or they have a financial problem that's why they got to sell their own bitcoin or else they want to spread their bitcoin to others who want to start for bitcoin investing.

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Janation
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December 25, 2017, 08:51:45 AM
 #682

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.

To summarize it, they sell their bitcoins because they have profit they had expected and they had wanted and because they are fearing that bitcoin will decline or dump more that day so instead of losing that profit or income, it is better to sell it earlier. I just hope that this is the only reason, I think the worst reason they will sell bitcoin is they had enough of it and will be shifting to other crypto currency.
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December 25, 2017, 09:00:06 AM
 #683

There are some reason why people sell their bitcoins, maybe the value increase and there investment also increases or maybe people need money and they gonna change their bitcoin into peso so that they can buy things they need.

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December 25, 2017, 09:06:10 AM
 #684

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 their bitcoins for some reasons,some aim to gain high profit if the price is right and when they hardly need it.Bitcoins is for long term investments but if it is really needed investors take out their btc and exchange to fiat because we cant deny the fact that even bitcoin popularity spread out there were still less merchants that accepts çryptocurrency most especially in our country that  our countrymen has less knowledge oñ it.
nicster551
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December 25, 2017, 09:20:55 AM
 #685

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 their bitcoins for some reasons,some aim to gain high profit if the price is right and when they hardly need it.Bitcoins is for long term investments but if it is really needed investors take out their btc and exchange to fiat because we cant deny the fact that even bitcoin popularity spread out there were still less merchants that accepts çryptocurrency most especially in our country that  our countrymen has less knowledge oñ it.

The purpose why we enganging in crypto is to makes our dream come true thats why if we have some profit we need to buy some of hour needs its useless that we gaining lots profit but we cant eat our food want to eat or we cant go the place we want to go thats why we need to sell so we can use the profit that we work it.
sjdaqwx878
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December 25, 2017, 09:38:27 AM
 #686

Sell those who see temporary benefit in violas and buy altas, or think that there will be bitcoin correction and want to make money on it.
sungaiyangderas
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December 25, 2017, 09:46:52 AM
 #687

obviously people sell bitcoin to make a profit and then if the price goes down, they can buy another bitcoin and then they will hold back the price increase again. this condition will happen continuously. It does not matter if the price is at the highest price, as long as there is a difference to buy and sell, people will use this opportunity to make a profit.
Bancia3210
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December 25, 2017, 09:51:41 AM
 #688

Of course, People sell bitcoins when they see that the price of bitcoins goes up and they think about there profit so they will sell it.and when they know that the price is again comes down they can buy more bitcoins,so the main think people can do the trade in the price, and people will use the opportunity to make a good profit.
Gringoblin67
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December 25, 2017, 09:52:31 AM
 #689

That's pretty obvious and you're right. People sell because they are happy with their gains and would prefer not to risk it any longer.
jekanmasin
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December 25, 2017, 09:53:19 AM
 #690

what else you can do if you have no money to use?

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DiscretePatriot
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December 25, 2017, 09:55:37 AM
 #691

what else you can do if you have no money to use?

Well, others do sell their Bitcoin earlier than planned since they need the funds. That's true.
Fantastic33
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December 25, 2017, 10:01:05 AM
 #692

First of  all, the main purpose why they invest or joined on bitcoin is to earn...to have a big profit. So they sell bitcoin because they need money to support their daily needs.
But there are some who sell their bitcoin not because they need money but because they got panic when its price drops. Which we should not do because we all know that the drop is normal and will rise again after some time, most especially if we hold it for a long time.
lautantepi
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December 25, 2017, 10:02:54 AM
 #693

people sell bitcoin to make a profit at the time the price goes up and then if the price goes down again, they can buy another bitcoin and then they will hold back the price rebound. this condition will be repeated. It does not matter if the price is at the highest price, as long as there is a difference to buy and sell, people will use this opportunity to make a profit.
biztrix4freee
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December 25, 2017, 10:03:23 AM
 #694

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rainezerr401
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December 25, 2017, 10:14:30 AM
 #695

We all have different  paces in our life and for us to earn more money, We need to work hard but thanks to bitcoins that we can earn our income by just working at home and it was really a huge advantage for us who are holding bitcoins because we can buy products and goods online with cheaper bills. This month is not the best time to sell your coins because the value is decreasing and we should wait for december next year again.
akmittal
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December 25, 2017, 10:16:19 AM
 #696

Every one have a selling value of bitcoin in his mind when it reach to that value that particular person sells his bitcoin. Till now we have more believe and safety in Fiat currency.
nagatraju
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December 25, 2017, 10:21:10 AM
 #697

Every one have a selling value of bitcoin in his mind when it reach to that value that particular person sells his bitcoin. Till now we have more believe and safety in Fiat currency.
I agree, we know for sure that fiat can be exchanged for anything, and it is accepted everywhere...and with respect to bitcoin, we have many fears...and when they become stronger than the mind, we sell bitcoin
gordonsam32
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December 25, 2017, 10:22:50 AM
 #698

Either funds are needed, they buy altcoins with the best opportunity, or they are happy with the gains they are getting.
mia khalifa
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December 25, 2017, 10:33:19 AM
 #699

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.

it's the right they want to sell and get a profit there are also those who play like they are saving bitcoin or as long-term investors who play only buy as much bitcoin as he can.
qtypatuty
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December 25, 2017, 10:41:49 AM
 #700

You usually get Bitcoins so you could use it for investment but if you're someone who needs money, you could sell them for another currency.

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