Why people sell bitcoins?

[kallen02]

Basically they sell bitcoin to convert into a money. Maybe because they need cash for their life support of for emergency purposes. Another thing is they sell it for higher price for example to those who need btc for their starting in this industry and for trading.

[Sithara007]

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

Bitcoin is no longer regarded as a currency. Most of us consider it as an investment asset. So obviously, you can't make payments using an investment asset. Have you ever made any payments using physical gold? Anyway who want to pay using Bitcoin, especially after paying a transaction fee of $10 to $20 per transaction?

[sclmte]

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.

I agree with both of this , I personally sold my bitcoins because of this two main reason ! when I need money whether the bitcoin is low or high at the moment I will sell it second is if I already have enough profit from my investment I will sell it and wait for the bitcoin price to go down and buy more .

There are many possibilities why some people chose to sell their bitcoins. Perhaps they needed to sell and convert it for fiat money in order to buy something important that will suites for their needs.
Or maybe they were afraid that at times of bitcoin price drops it will not recover immediately. And thats the time they do panic selling. Thats why many traders are all waiting for this chance to happen. They buy their bitcoins at a lower price and sell it in a higher price.

[wel24]

MANY PEOPLE SELL THEIR BITCOINS.Two things maybe they  are in need or for emergency assistance thats why they have no choice but to sell their assets.Second some people ars weakhands they dont even think the brightest future of bitcoin in the near future that even if they have only 1 btc it will turn them to be a millionaire very soon

[Bambinoe]

I don't sell bitcoins because i buy and hold for investment purposes. But for others they may sell in a bid to engage in buying other altcoins.

[Dapper]

Just like with stocks.   I like to see some return on investment realized (made tangible), not just on paper.    That way, it's not a big deal when the market dips, as you have been taking profits the whole way.   People who hold only, the ones I have met, seem to be mostly nervous and jittery all the time because they know they can wake up with  -$xxxxx (or +) loss or gain overnight, and it doesn't really seem like they are remembering the most important thing... to be happy.

[Mjeramirez]

In a ideal situation where you have enough cash you get from non bitcoin resources, then I suggest that you hold your bitcoin for a long term investment. People sells bitcoin when they need hard cash to pay or buy something. Another reason is they are afraid that bitcoin prices might drop so they are saving their profit and converting it to cash.

[btccointalk]

People sell bitcoin to buy more bitcoin as it is a source of investment.

[channah]

Some people are selling their bitcoin because as an investment they already made profit out of it and already contented on current place but some just sell their bitcoins not because they are in huge profit already but they need money to spend in their living and can't be done directly using btc so they sell btc to get fiat money.

[sneeze11]

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 think they sell their bitcoun because they need money. They sell it because they want to buy something that they need or there's an emergency so that they sell it easily. I think no one can sell their bitcoin without a valid reason because it's hard to have a bitcoin.

[Pattart]

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, even those, who are involved into the world of crypto for a long time, sell Bitcoins as they are scared by the rapid growth of BTC. They suspect it is a trick, and very soon Bitcoin can fall down. Another reason maybe a simple need for fiat money.

I genuinely believe that selling at the right time is best thing to do instead of holding it too long and you can hold some coins for future but you should also sell a part of it when price is really high and you are making profits from it as you never know where price will go in future so if you don't sell it then you are likely to make loss from it.

I think the reason why people hold bitcoin until the future is certainly because they are waiting for the right time to sell? I think though the future is still a mystery but the development of bitcoin and the growth of users from different parts of the world ensures bitcoin prices will be much higher due to demand factor change prices. so logically holding until the future will certainly provide benefits right ?

[chuoinguyen227]

If it was me, I would also sell bitcoin to invest in eth. bitcoin is quite risk, and I'm not familiar with the risk...That's why I sell Bitcoin

[Razumomo]

People can use bitcoin in many ways. They sell it for their own needs. They can earn their livelihood by selling bitcoin, sometime they use it for financial problem. They can buy something .when people think it is a best time of bitcoin to sell they sell it for profit.

[HagueCrypto]

Many of the investors are doing the sell high, buy low tactic i guess 
I tried once, but failed big time

[Harley29]

Its sad to hear that your country forbids the opportunity on bitcoin. I think the average bitcoiner that holds and sells is 25/75 ,  75 in favor to those who hold. People sell their bitcoins in many reasons like paying bills, buying some leisures, converting into fiat to have cash buffers and many more.

The all are investors and you can also sell bitcoin if you need it for your daily expanse because bitcoin can be used for different things such as for mining, trading, investment and also for buying this but those who are selling bitcoin in large quantity so there is no doubt that they want to earn and after selling bitcoin with high price they can make their money double so that’s the only reason that people are selling bitcoin.

[olya_n]

if they need money of course they will sell there bitcoin. I believe people tend to sell their bitcoin because of a very obvious reason: it is to earn and gain money instantly because it might be their own way or strategic way of gathering their funds to sustain their needs and wants.

[longml]

a lot of the reason they sell bitcoin. can they sell because they need money, they sell it first of all is the right to make a profit and then buy it back with a low price and sell it at high prices, most people sell their coin is only the people who need it

[Airdrop Manager]

Its important to take profits from time to time, you never know what tomorrow is all about. And above all, diversify your investments...

[rasmadisulaiman]

Why do people sell bitcoin?
there are two answers; First, people sell bitcoin to benefit from bitcoin trade. Second, people who sell bitcoin definitely have an urgent economic need. But the majority of people who sell bitcoin for want of profit.

[Avdotiy]

Actually, now is a dangerous situation with Bitcoin. Day,week candles are vertical, rsi is off scale. The big correction is coming