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Author Topic: Why people sell bitcoins?  (Read 9878 times)
farwellbit
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January 03, 2018, 05:51:02 AM
 #861

People sell bitcoins when BTC price comes bigger. We might sell it than keep it  Grin cause bitcoin has an UNSTABLE PRICE
This is the major reason for sling of bitcoin. People simply want to enjoy their profits with bitcoin and the fruit of their patience that they had exhibited with bitcoin. Bitcoin is very expensive but if you are not enjoying the profit it is providing you, ultimately you will lose interest into bitcoin. Other reasons of selling off bitcoin may include need of large amount of money on urgent basis for various purposes.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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malourdesesmores07
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January 03, 2018, 08:18:14 AM
 #862

We have to sell bitcoin to make profit and selling bitcoin is major part when bitcoin market get higher.
P3
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January 03, 2018, 09:05:12 AM
 #863

i think they are tired of investing their bitcoins and they are not too willing to wait when to sell their bitcoins.
Yeah some people are tired of their investments or have made enough money from the investment that no longer want to hold it for the risk
adivip
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January 03, 2018, 09:11:50 AM
 #864

yes,people sell bitcoin for profits and some emergency situations also people can sell bitcoin .we can exchange bitcoin to our country currency.
kpcian
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January 03, 2018, 09:50:35 AM
 #865

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 a simple case When the price is growing up naturally Bitcoin holders are willing to sell their Bitcoin at that moment. a requirement of money can be another reason for this issue.
I think there are some reasons behind work in this issue. Suppose, if the government of one state starts to regulate in the Bitcoin platform then the people of this state get panic and they want to sell their stock immediately.

But I don't support this policy anymore. I want to keep my stock for a long time because I know it will bring a lot of monetary benefit in the future. So selling is not an ultimate solution regarding this issue.
syadza
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January 03, 2018, 09:56:13 AM
 #866

Peoples sell bitcoin because its price is at the high or at the highest.
Otherwise it will be a waste if you sell bitcoin at the low price.
laravuemaster
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January 03, 2018, 09:59:46 AM
 #867

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.

Everyone needs money and people are always looking for the best way to earn money the easiest way. I am thankful that bitcoins do really exist and i learn how to earn this currency since it was the mainstream today. We all have the goal to earn money as much as we can do today so bitcoins is the answer for that.

dantheman666
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January 03, 2018, 10:10:54 AM
 #868

People sell bitcoin to earn money and make profit. Thats a simple explanation. Bitcoin is like a business to them. They buy bitcoin and then sell for reasonable prices.
Odlanyer
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January 03, 2018, 10:23:58 AM
 #869

Why people sell bitcoins? I think that's why people sell bitcoin because they need money and they want to get the equivalent fiat and use it as they pleases.
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January 03, 2018, 11:41:57 AM
 #870

People sell bitcoins maybe because they had already earned income from their investment and they wanted to encash it and convert into paper money to be able to their profit.

Jmabion134
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January 03, 2018, 12:08:41 PM
 #871

Its simple, there are 2 causes why people sell their bitcoins,1 they selling their bitcoin because they buy their daily needs and to feed their seeblings and their families and the bills,2 they selling their bitcoins because people panic when the bitcoin price is dumping. That is the 2 causes why people sell their bitcoins
serverus
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January 03, 2018, 12:13:32 PM
 #872

People sell bitcoin if they see enough profit with what amount of bitcoin they invest. Many people do it for trading .i dont know any other reason for selling bitcoin. But its a better choice to just hold it long since bitcoin price is still rising.
BobbyZounours
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January 03, 2018, 12:14:28 PM
 #873

People sell their bitcoins for different reasons;

1. trading bitcoin for altcoins or profit
2. trading bitcoin for fiat when in need of money.
3. Some trade their bitcoins just for fun to have the experience.
balefires03
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January 03, 2018, 12:20:46 PM
 #874

I think it's natural

they invest in bitcoin to take profit.
After they got it ,
They will sell it
reighbut2017
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January 03, 2018, 12:35:06 PM
 #875

Even though Bitcoin is the hottest investment trend today but some also afraid to crash bitcoin, some also
influence by other holders especially when the bitcoin price rise up.
 
nicolesalv
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January 03, 2018, 12:37:51 PM
 #876

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.

People wants money or investment. If you need cash urgently maybe that the reason you sell your bitcoin but if you want a long term investment then you should hodl your bitcoin. People sometimes sell it when bitcoin is at its peak price and they bought it from a lower price before so  made profit.

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amzadabir
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January 03, 2018, 12:38:02 PM
 #877

Bitcoin investment is a good way to earn profits. For selling profit of Bitcoin. When Bitcoin prices are high, then they can earn more profits by selling. The government is against the Bitcoin.
ardyology
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January 03, 2018, 12:46:57 PM
 #878

People sell bitcoins because:

1. commodity
2. urgent matters
3. fear of missing out
4. panic selling
5. reaping time
6. physical investments
7. simply tired of waiting for the price to go up
8. the pleasure of splurging
9. IT IS THEIR RIGHT.

I just hope this people sell when price is high and not because they just have a need to.

Tondya
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January 03, 2018, 12:47:43 PM
 #879

Because they are stupid Grin

Chrystora123
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January 03, 2018, 12:57:42 PM
 #880

Its simple, there are 2 causes why people sell their bitcoins,1 they selling their bitcoin because they buy their daily needs and to feed their seeblings and their families and the bills,2 they selling their bitcoins because people panic when the bitcoin price is dumping. That is the 2 causes why people sell their bitcoins
this is the most common, selling Bitcoin because of the necessities of life and selling Bitcoin due to panic with the price of Bitcoin when the price of Bitcoin drops,
there is also a reason to sell Bitcoin for profit taking,

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