Why people sell bitcoins?

[West0813]

We sell our bitcoin because we need money for our daily needs. We enter bitcoin because of the money that we can earn in doing it. So when we earn bitcoin we sell it right away so we can use it. We sell right away because we don't have another source of income aside from bitcoin.

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[BitHodler]

For me, bitcoin should circulate and not hold for a long time to make its price stabilized and make the e-commerce businesses accept payment in bitcoin. This is the very reason why bitcoin is made in the first place and I believe that all of free lancers and investors will benefit from this.

People are free to use Bitcoin how they want. Bitcoin isn't performing well enough to function as a currency tool that serves us in the exact way fiat is serving us. Currency needs to offer stability, usability and convenience.

Nothing beats fiat in these aspects. I pay for things instantly, for free, enjoy buyers protection, enjoy goods insurance. It's ultimate user satisfaction. Why would I feel tempted to spend Bitcoin?

Aside from all aforementioned aspects, we even before spending our Bitcoins know that the price will continue to increase, and thus know that we'll later surely regret having spent them to buy whatever goods.

Currency for me? No thank you.

[lili song]

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 if the government forbids use and play bitcoin, useless to keep it, the government can ban the bitcoin. Some country not ban bitcoin yet, we can keep it for future to get the profit. Either the government not legalized yet. But our hope someday worldwide can accept and legalized bitcoin.

[Astermony]

It is easy for people to sell bitcoin because they think bitcoin has come to its own psychological level and think bitcoin is expensive and not suitable for holding.

Maybe you are right Harley. But I think not all people who sell bitcoins think that bitcoin is not suitable for holding. There are some people who sell their bitcoin because they have no choice. Let's say for example, those who are investing almost all of their fiat money for bitcoin and suddenly after few months of joining in bitcoin, one of his or her family members got hospitalized and he or she has no other money that can be used except his or her investment in bitcoin. So I think in that case, they need to decide immediately to sell bitcoin.

[Cpousersonu]

It's many country to prohibited and going to regulate Crypto currency like Bitcoin or any other altcoin like India soon make a Constitution Amendment to regulate cryptocurrency it's one of the trending example

[boongky51]

may they are satisfied about the price of bitcoin and ofcourse they want a real money instead of BTC and scared to scam ^_^

[mejalipat]

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 certainly there are some reasons, maybe they already get a profit or the price at that time is very high and want to sell it before the price will fall back because they will buy back when the price drops

[piter66]

Bitcoins like gold is wealth so whenever you need some sort of money you have to sold your bitcoins to fulfill your requirements and when you not need some sort of money then you are supposed to invest it in some online digital trade in return you will get more money.

There are some reasons of selling bitcoin like those people who have large number of bitcoins who have bought at a time at which the price was low and now they can earn more profit they can sale their bitcoin with addition to this those people who have bitcoin and he need cash they can also sell bitcoins.

[denny27]

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.

Likewise in the place where I live, most people who trying to earn money from bitcoin.. it's average when getting bitcoin up enough for sale, it's immediately to selling it to local currency or just holding and then selling it at high price.
Most people do not buy bitcoin or buying anything with bitcoin, they just sell it when they have / earning bitcoin from the way that can be to do without having to buy it first or more precisely without a capital.
By the way I'm still convinced gradually the government will following the developments of era, and there is the possibility of bitcoin can be a legitimate currency for the transactions or for buying goods and others because indeed bitcoin can helping many people from financial problem so far.

[Asuspawer09]

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.

Base on what you have said, that could be another reason why they sell bitcoin. Maybe they are starting to let go of the bitcoin they have, little by little. But in the other hand, we can say that maybe they is just the way they earn. We cannot know since it could just be a strategy for them to earn more bitcoins.

[RahulRana]

People are sale the BTC when he needs to money.

[ajmapalo22]

I think majority of people here especially does who do signature campaigns use bitcoin to have additional income to support their finances that's the reason why they keep sellibg the bitcoin they earn, like me I use my earnings here to pay the monthly amortization of my land as much as I would like to keep my coins there's a lot of things that need to be prioritized

[syahril]

For me, bitcoin should circulate and not hold for a long time to make its price stabilized and make the e-commerce businesses accept payment in bitcoin. This is the very reason why bitcoin is made in the first place and I believe that all of free lancers and investors will benefit from this.

Many are holding their bitcoin because they had believe in it.Some of them are selling bitcoin to get a profit than they brought dollars.Some of them will sell for their emergency  needs and some of them are depend on bitcoin for their life source such as food and shelter.I you had a brief in bitcoin hold or sell with current profit.

[rodel caling]

people working in bitcoin because want to grow up for the daily life needs, like me i work in bitcoin to get huge earning to provide the needs of my family but i can't spend all my bitcoin because i save bitcoin sa saving for the future and the  i use also to invest in trading to become profitable in the near future.

[zais]

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.

there are several reasons people sell bitcoin among them is a necessity of life economy and also because there is a price when there is news tilting news about bitcoin so they are reluctant to store bitcoin for a long time

[muhipul]

Mereka menjual bitkoin karena mereka sangat membutuhkan uang, mereka menjualnya menurut keadaan, jika nilai bitkoin sangat tinggi, mereka berlomba lomba untuk menjualnya dan jika nilainya rendah mereka menahannya dulu sampai nilai bitkoin menjadi naik sangat tinggi

[wizcoin]

different factors why people selling their bitcoins. For some, they use bitcoins as part of their financial. There are some who are traders and already hit the funds they need and partial of it will be used for their needs or wants.

[Majharul Saiif]

People sell bitcoin for the demand of their need.Maximum people sell bitcoin for money.Now-a-days money is important to survive in the current world.A man who are not enough money to survive are not enough demand in the society. So, money is many things now.For the need of money,generally people sell the bitcoins.Naturally, people work here because they need to earn more and provide the needs of their family demand.So,iI think,These are the reasons for selling bitcoins

[jakelyson]

Bitcoin is still intended to be a currency so it needs to move and exchange for something else. I think it is healthy if bitcoin gets exchanged with goods or services rather than being dumped for fiat or an alt coin. But it cannot be helped because bitcoin is still not yet that popular and still very few merchants accept it as payment. I hope someday it can move from being an investment into a real currency.

[sparveenat]

Selling bitcoin is for various reasons by various people. For me I use to sell for my basic and urgent requirement as bitcoin is my supportive income, why we earn to fulfill our requirement only. So bitcoin selling is the major cause is required life expenses of every person.