Why people sell bitcoins?

[missyqt29]

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 simply because they can. Everyone have their own game plan in investment, whether it is a long term one or a short buy and sell. Both haves their own risks and all your decisions must be in the same page to where your current government stands. But if not, there are still hope that things will go in your favor, in time.

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[FaithETH]

If you want to make profit and actually have the sum you earned in fiat money you gotta sell them bitcoins, but alot of people specifically keep them to sell them at the most opportune moment, a bit like having a share of an company.

[jancukiyah]

The price of bitcoin can be increased or decreased all the time, we can't predict when it increased or decreased. So for me, I'll sell them when I got minimum 30% profits from the price when I buy them. Because I'm affraid the price decreased if I kept them for a long time in my wallet.

[BeGoods]

Every Bitcoin seller has their own reason why they sell their Bitcoin. Maybe they sell it because they need money for emergency purpose. The other reason is that, they are scared. They think that the price of Bitcoin will suddenly decrease and it will never return to that value again.

of course every user has their own reasons why they sell bitcoin and only those who know the reason. but some of the reasons as you say it often happens like panic, emergency needs, etc. but I sell bitcoin of course because I've found the target price that I want to make a profit

[dimastegar]

Why do people sell Bitcoin? The reason there are many. eg sudden needs, profit, cut loss, investment move, and much more. The whole point is a whole for a sudden need.

[dhrazzen]

why people sell bitcoins, it is because they need money for some purposes. Some bitcoin user hold their bitcoin for future purposes. Thats why i conclude that we have different decision in our individual life.     

[nagiblem]

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.

I agree with you people sell Bitcoin is because they had reached their target goals to earned good enough profit thats the reason why they sell it and they wanted to get the profit they had earned on holding the coins for a long period of time. It is beneficial for them and im sure they will use it for a good cause.

[spooneds1]

Selling a bitcoin is a good thing if you really need some money for profit for business or for your daily needs. Bitcoin is not a fixed price, it could increase your profit or decrease it. Others have a reason like panic selling because they think the price of bitcoin could get lower.

[ashao1015]

I remember research about psychological errors from traders. The most common is the early taking profits. Because it is hard to keep the asset long time and also you don't get hormones like dopamine or serotonine. When you taked your profit you get excited and enjoyed.

[Kryten12]

It makes sense to trim any investment classed asset every so often to reduce the initial exposure and to realise some profits. You don't make a loss unless you sell and also you do not make a profit unless you sell

[steampunkz]

I think it because for-profit also they want to sell there BTC because of bitcoin high price now. In my opinion, there technique is to buy and sell to earn more bitcoins. Even from my experience  I exchange my bitcoin to fiat to support some of my financial needs.

[MWesterweele]

How will you invest in Bitcoin and when it appreciates you continue to look at it, especially when you have a pressing need. Most people invest for the purpose of selling so as to reinvest more in bitcoin so as to grow the bitcoin they have. such individual when the prices of bitcoin rises, to an appreciable point, they quickly sell to gain more and also reinvest.Others may sell their Bitcoin so as  to meet a pressing need,or reinvest such sales into another business. If actually the government don't really support Bitcoin, some owner may sell it because of fear. Selling bitcoin is not a crime, it all depend on what your plans are for Bitcoin after you sell the ones  you have.

Actually i'm sell my bitcoin everytime i have earning from signature campaign, i exchange it in currency it is because i put it in a bank. So if i need something or i need money instantly i can get it immediately, also i need cash for my daily expenses.

[bayupermana]

There are 3 reasons that i think why people sell their bitcoin: first, they want to get profit from trading bitcoin, these are high experiences traders, second is they want to cut lost when bitcoin drop, and third they just sell to get money to pay in daily life.

[kriticko29]

We need to sell bitcoin in order to help the price of bitcoin to went up co'z the price depends upon the dumps and pumps in the market.

[bristlefront]

Some users are making bitcoin as a source of income. Of course they will sell it for a living. Some are just selling for trading purposes to make greater profit on bitcoins.

[spiderm4n15]

maybe the price of bitcoin is very high and will turn down,
at the moment you can sell it and buy again when the price is low

[grizmoblust]

I think that when you get a big profit, you will sell Bitcoin to get money. Because, Bitcoin can't pay for all things in the world

[thenameisjay]

Best reason by far why people sell their bitcoins is because they already made profit from their initial investment and they have a need to spend cash. Most investors do this in order to spend the profits they have now and put it to use like buying stocks or diversifying by investing on ICOs.

[KKaruchis]

Most of people who' normally sell btc are in need of money or make it to later buy at a better price.

[Sivanandam]

Each person has some risk potential on investment once there risk taking level is reached, they will sell out the investments and take profit. Same is the case for bitcoin too. You be the biggest risk taker Fortune favors the brave!!