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Author Topic: Why people sell bitcoins?  (Read 9876 times)
LuffyD.Monkey
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December 30, 2017, 11:22:22 AM
 #821

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 because they want their money to grow bigger and bigger.If people investedDin bitcoin amd wait until such time that the value of bitcoin becomes higher they can gain so much money from it.
More people going to sell their bitcoins it is very hard times for them as the price dropped to 14k. Those who sells their bitcoins doesn’t understand the rules of business and investment. When you are in hard time it doesn’t means to sell your coin.

Try to hold bitcoin to became more profitable than selling your bitcoin. Selling will give you more loss if you hold it you will became more profitable in the coming future. As the price is going to high in the coming future.
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December 30, 2017, 12:15:00 PM
 #822

it's all depend's on your situation totally if need money i will sell it and if i am getting high profit in bitcoin in that case also will sell some people are keeping long time it and waiting for the good profit so i will keep selling.

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iamryan
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December 30, 2017, 04:38:36 PM
 #823

Most people sell Bitcoin to avoid uncertainty risk that is often attached to the prospect of the currency as a result of its virtual nature.

Another reason they buy it on cheap price but now they got cap price so they sell !!

Some people still do buy sell and make good profit ! lot of reason you will find , why people sell Huh?
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December 30, 2017, 05:02:46 PM
 #824

Why does everyone have fear? Sell their bitcoins. It is extremely stupid now to sell it. Whales just cashing out before holidays (correction) and it is normal situation. After all, correction is an integral part of growth. In any case, bitcoin will update its price records. I think in the second half of the next year we will see huge rise of Bitcoin and we'll see 50K$ in 2018.
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December 30, 2017, 05:03:05 PM
 #825

i think they are tired of investing their bitcoins and they are not too willing to wait when to sell their bitcoins.

I think there is more than tiredness. It seems more like fear to me. Whenever one of my friend is cash out their bitcoins, the reason most of the time because they are scared that they will lose all their investment in case something happens to bitcoin or crypto currency market generally.

adjudicator
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December 30, 2017, 05:05:58 PM
 #826

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.
They sell bitcoin bacause they want some money to buy their daily needs and wants. We have different need and wants so I think although they want to keep it they will sell it to fulfill their daily needs.

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madushanperis11
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December 30, 2017, 05:25:34 PM
 #827

People are working hard so that they can make some money at the end of the day to meet their expenses. Some tend to invest their money in different types of businesses so that they can make some additional money using their available money rather than keeping them looked in a safe.

Out of many forms of investments, cryptocurrency is new trending one. But at the end of the day, you have to convert them do fiat currency so that you can use them for you requirements. Anybody who invest some money in some business has personal goal, stating that how much they are targeting to get out it. So people get rid of the investment and get the return once it reaches their target. Also, people starts to sell when they feels there is a risk building, and they want to avoid getting compromised their money.
gustaf.berg
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December 30, 2017, 05:31:33 PM
 #828

People sell their bitcoin to make a profit out of it, or sometimes something as typical as they need cash for their daily needs, just like me rather than holding bitcoin to profit from it, I sell it or turn it into cash for my needs .

There are many reasons I think. It is not so easy to generalize this issue. Some people sell it because they need money, some people wnat to get profit, some people is selling becasue they fear that their money can be destroyed tomorrow.
al.nechiporuk
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December 30, 2017, 05:45:29 PM
 #829

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.
I think that many people who bought bitcoins are not morally ready for what is happening in the crypto currency market.
1. You need to understand what kind of income you want to get, at what price to sell, the exit point.
2. Understanding generally crypto currency, what is it all for and what is their future.
When people answer themselves to these two questions, then it will be clear why they do it. Can someone fix a profit of $ 12000!
Pandacomel
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December 31, 2017, 03:18:20 AM
 #830

In my opinion ,people sell there bitcoin to get money .Money still needed in globalcity eventhought the price of bitcoin increase drastictly in year 2017 .But we didn't know how much the price of bitcoin in year 2018 .
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December 31, 2017, 04:01:43 AM
 #831

People sell bitcoin because they want to exchange into cash to spending it for their purposes.
julius caesar
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December 31, 2017, 04:08:31 AM
 #832

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.

Yes of course , if you are in need of course you have to sell your tokens as exchange for money which you can use for convertion into your local money that you can use anywhere in you country.  People sell bitcoins I think because the price is really high and of cour for investments.

Bkjones
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December 31, 2017, 04:25:33 AM
 #833

 Smiley hey i am Bkjones! The reason 'why people sell bitcoins' to gain bitcoins because its gains knowledge of Bitcoin trading and technics of Bitcoin trading.another reason is if u need money then afourse u sell or exchange in money
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December 31, 2017, 05:00:53 AM
 #834

Common answers why people sell bitcoins is for the reason that people need it and they need to buy something else. May it be something like small or not, people need to sell because probably they have invested and earned much already. And it is not bad to sell it if you have enough or you are okay with it. You can sell some and allow other bitcoins to be on hold so it will continue to grow.
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December 31, 2017, 05:52:34 AM
 #835

Many people can invest in bitcoin & when they can see the profit of their investment, they sell bitcoins. Because, everyone needs real money.Everyone hopes to invest a little bit in the bitcoin. When everyone sees their expectations, then everyone sells bitcoin for real money.
Besides, many people sell bitcoin to avoid loss.

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siddu67
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December 31, 2017, 05:55:13 AM
 #836

There are two reasons behind selling bitcoins.One reason is when people needs money they sell bitcoins and another reason is when the bitcoin price increases to their expected level.

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December 31, 2017, 06:13:26 AM
 #837

People sell bitcoin because I think they need money. Bitcoin is a investment, so many people invest and sell there investment because they have already profits in the bitcoin or some people need money to there financial life. We cant say what is the thinking of the people but remember bitcoin is a investment so many people buy and sell there bitcoins. There are many reasons why people sell just understand how to run our bitcoin.

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December 31, 2017, 07:00:32 AM
 #838

If we look at the global population then majority of the people are looking at the profit instead of keeping this for long time. The case is for every thing people like to hold a profitable currency and when they know that there is a chance of profit they can sell their coins to make some profit and minor cases when the people use it for other purposes. It is good to invest in this the future of this currency is very good and it is less risky as compared to the other banks investments.

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January 02, 2018, 04:33:54 PM
 #839

seems to me the needs factor, sometimes there are also people who sell it at the time of low bitcoin prices
Yes it is important to sell it but not so early because if you will sell your bitcoin so early then it will not give you benefit at this level. Bitcoin price and value is increasing with bitcoin so better to wait. I know one of my friends and she sold her bitcoin at low price and did not get high profit so isn’t it a silly decision if she has waited today shoe would be right and would have now house so it is my suggestion not to sell bitcoin at this low price.
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January 02, 2018, 04:50:46 PM
 #840

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 initially sell bitcoin simply because they need money. We all know that bitcoin is not widely accepted yet in mode of payments. This perhaps is the reason why chose to sell their bitcoin despite how valuable it is. In addition, there is also a chance that they want to sell at a high price and buy at a low price to earn more.
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