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Author Topic: Why people sell bitcoins?  (Read 9881 times)
KenChanYu
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November 18, 2017, 09:29:03 AM
 #61

 They need to cash out money from bitcoin to be use for buying their needs. If they dont sell how can they use their bitcoin if they always keeping it and also not using it for envestment. And people also sell bitcoin because of a higher exchange rate of it in terms of currency.
People sell bitcoin for good we as human has our different kinds of needs and satisfaction we are here to gain not to hold bitcoin forever and ever untill we are getting old no not really nescesarry to hold it .maybe if the price will be now profitable then we can grab the opportunity to do selling to make more profit i really do believe  that it really required understanding the price will always turning like a wheel of hope and sometimes our profitable time may come so be it grab all the opportunity for good.
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November 18, 2017, 09:51:34 AM
 #62

 They need to cash out money from bitcoin to be use for buying their needs. If they dont sell how can they use their bitcoin if they always keeping it and also not using it for envestment. And people also sell bitcoin because of a higher exchange rate of it in terms of currency.
People sell bitcoin for good we as human has our different kinds of needs and satisfaction we are here to gain not to hold bitcoin forever and ever untill we are getting old no not really nescesarry to hold it .maybe if the price will be now profitable then we can grab the opportunity to do selling to make more profit i really do believe  that it really required understanding the price will always turning like a wheel of hope and sometimes our profitable time may come so be it grab all the opportunity for good.
Well said! mate !you are a great artist.you got it all, in holding bitcoin we really need also get update on the price so then we can really think about the capital and the gain that we might get by the present price of the day  and if it is really enoughf price to gain base on the capital .maybe we should sell it all right away who known on the next time around bitcoin will go down and by then we loose.we already know that the price is instable and it is always depend on you.make it all buy your self maybe you are lucky  we dont know our own disteny of gaining.
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November 18, 2017, 10:04:09 AM
 #63

 They need to cash out money from bitcoin to be use for buying their needs. If they dont sell how can they use their bitcoin if they always keeping it and also not using it for envestment. And people also sell bitcoin because of a higher exchange rate of it in terms of currency.
People sell bitcoin for good we as human has our different kinds of needs and satisfaction we are here to gain not to hold bitcoin forever and ever untill we are getting old no not really nescesarry to hold it .maybe if the price will be now profitable then we can grab the opportunity to do selling to make more profit i really do believe  that it really required understanding the price will always turning like a wheel of hope and sometimes our profitable time may come so be it grab all the opportunity for good.
Well said! mate !you are a great artist.you got it all, in holding bitcoin we really need also get update on the price so then we can really think about the capital and the gain that we might get by the present price of the day  and if it is really enoughf price to gain base on the capital .maybe we should sell it all right away who known on the next time around bitcoin will go down and by then we loose.we already know that the price is instable and it is always depend on you.make it all buy your self maybe you are lucky  we dont know our own disteny of gaining.
well i agree on that sometimes people really didnt even know waht is goin on on thie ways of gaining life can be more practical each day if you want to gain more profit then learn hhow to make profit i believe that selling bitcoin is only for good reason maybe you dont have to wait for the another rising of price if we can gain this time .i believe that bitcoin is unstable same with our profit on doing it. Sometimes we all can see that it is reall
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November 18, 2017, 10:04:44 AM
 #64

they sell their bitcoins because number one reason is they need the money ,second they are not have patience to hold their current holding bitcoins . thats my personal opinion.
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November 18, 2017, 10:17:44 AM
 #65

People use the corrections periods to sell high and buy the dip, increasing their number of bitcoins. In the same time do not forget there is a whole altcurrency market, even more volatile where people are looking for the unicorns - 10x, 100x returns. They switch from BTC to other currencies and back.
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November 18, 2017, 10:21:14 AM
 #66

well, every person have their own strategy to investing their money in bitcoin or other cryptocurrency. There's a lot of users are doing a buy and sell when it's on peak or bottom. And there's also users that hold it for long term and would cash out with a spesific time.I thought, Those who selling their bitcoin believe that they will earn more profits while their selling it on high, and might be buying back again when it's down. Or there's another reason like the goverments are looking the cryptocurrency was a threat or a scam, so they can't keep their money in it for long term, because the goverments could banned it at any time.
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November 18, 2017, 10:29:30 AM
 #67

People use the corrections periods to sell high and buy the dip, increasing their number of bitcoins. In the same time do not forget there is a whole altcurrency market, even more volatile where people are looking for the unicorns - 10x, 100x returns. They switch from BTC to other currencies and back.
Well the period of selling is no required time but we need to sell our bitcoin to make profit and provide our daily need i believe that bitcoin is really profitable when we know how to get timing during selling. people do selling bitcoin because of thier daily need because we as human we need to eat foods wear clothes etc and those thing are expensive thank to bitcoin it gives is hope.
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November 18, 2017, 11:03:20 AM
 #68

Sometimes we need money, so we need to sell bitcoin Smiley
I think too that bitcoin is a long-time investment, the more you can keep them the better it is
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November 18, 2017, 11:16:07 AM
 #69

they sell their bitcoins because number one reason is they need the money ,second they are not have patience to hold their current holding bitcoins . thats my personal opinion.
Well you have some point here but in my opinion. We all see that bitcoin value right now are totally damn! freaking high right now. So basically we all say they are selling there bitcoins because bitcoin price right now are totally high. That's my opinion or because you're right they don't have patient to hold their bitcoins

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November 18, 2017, 11:16:48 AM
 #70

People sell their bitcoins because they need money for different purposes and to provide our basic or daily needs for their families or for themselves, that's why people are working very hard to earn bitcoin because bitcoin is very profitable.
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November 18, 2017, 11:30:01 AM
 #71

bitcoin is sold for our personal needs because if bitcoin is used directly for transactions in my country it has not got permission from the government then it must be sold first so it could be money for the transaction. if bitcoin is invested I think it's not too safe even though its big profit.
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November 18, 2017, 11:40:03 AM
 #72

Some people sell bitcoins because they are afraid they might lose their profit if bitcoin price will continue to dump. Some people sell it because they need money for their personal needs. Some are doing buy and sell. There are different reasons why they are selling it.

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November 18, 2017, 11:42:30 AM
 #73

Maybe people need money urgently.Also when people face some personal problem and they don't have any cash then they sell their bitcoin for their personal needs.Also they need money in many purposes

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November 18, 2017, 11:45:33 AM
 #74

Some people sell bitcoins because they are afraid they might lose their profit if bitcoin price will continue to dump. Some people sell it because they need money for their personal needs. Some are doing buy and sell. There are different reasons why they are selling it.

This is correct. Traders aim to maximize their profits. They cannot remain married to their investments. If Bitcoin has a good run and traders expect the trend to reverse soon, they would sell it and book profits. Of course, there will be passive investors who continue to hold Bitcoin through various ups and downs.


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November 18, 2017, 11:47:25 AM
 #75

Many people can't stand watching big amount of money in their wallet,and some people need money because they facing big problems,and some people sell bitcoin because they buy it in small amount and sell it into bigger amount.
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November 18, 2017, 11:50:33 AM
 #76

Because people need cash in some times most who get bitcoin use it to trading (sell / buy ) in short time  . little only hold it
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November 18, 2017, 11:54:07 AM
 #77

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 bitcoin because they feel enough with the profits they need, they need money or they sell because of the high price and worry when the price will go down, so there are several reasons I think
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November 18, 2017, 12:57:21 PM
 #78

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.
Simple thing,
when you think that Bitcoin is a good investment then you can always choose a good price, So if you get a good price then you must sell your stock. besides this chapter, You can sell your Bitcoin whenever you want and when you need money. I think Bitcoin is the safest platform for saving and investment.
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November 18, 2017, 01:15:38 PM
 #79

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.
Simple thing,
when you think that Bitcoin is a good investment then you can always choose a good price, So if you get a good price then you must sell your stock. besides this chapter, You can sell your Bitcoin whenever you want and when you need money. I think Bitcoin is the safest platform for saving and investment.

Exactly. The reason why you even deal wih bitcoin in the first place is because you're into profit it can give. So there should be a target amount. That's a reason to sell btc when you hit that amount you're looking for

 
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November 18, 2017, 01:26:47 PM
 #80

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.

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