Why people sell bitcoins?

[fishball]

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.

Bitcoin trade can open new and better opportunities especially to people like us who is inclined to these things. I really wish that all governments will soon see the great potential of cryptocurrency to our economy. But for now, it is also good to keep some bitcoin for a long term investment to secure your finance in the future.

[ismadanniel]

if u buying at $8000 and the price reach $9000 after a month some people will sell because they profit already/need the money...some hold because they think price can increase in nearest time

[Abhinav Anirudhan]

Answer for this question is just simple to earn or increase an individuals profit .
If a person sells his Bitcoin to another person or group then they will have an advantage of increasing their profit.
I insist to have a proper study or make a graph or proper plan to bring financial increment in one's own account and think once before selling your Bitcoin.

[nabilanur]

Some people think, bitcoin doing a gambling with us.they think bitcoin investment is gambling. maybe they don't know about bitcoin old history.Then they want to as soon as possible sell bitcoin and take money on hand.

[lemonscentedbreeze]

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 the obvious reason would be they need the money or have achieve their goal already. Most people do not want to take further risk and its a good attitude when it comes to gambling, though its different from bitcoin investment I think it is reasonable for them to sell it based on their own earning goal. Though I would also perfer to hold it and keep it up until it somehow reach a tremendous amount.

[Bamel]

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.

Maybe because its safer to not have them all stored because they can get hacked and robbed? And if they were… “Paper firmed” (somehow i readed that one can have theyr bitcoins in paper instead of wallet i dont remember how) because they can get physical robbed or wrecked too?

[Bamel]

While the Chinese government has told cryptocurrency exchanges to stop trading bitcoin, it has not explicitly banned possession and production of the digital currency – offering hope to miners that they can continue to dig out bitcoin and sell them on overseas platforms.

[Bamel]

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.

While the Chinese government has told cryptocurrency exchanges to stop trading bitcoin, it has not explicitly banned possession and production of the digital currency – offering hope to miners that they can continue to dig out bitcoin and sell them on overseas platforms.

[iamzill]

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.

for my country I can not yet fully use bitcoin for transactions because bitcoin has not been fully inaugurated in my country as a legitimate payment instrument and that is why they sell bitcoin

[Saimabutterfly]

Very simple, because they need cash, or they need to invest in the altcoins.

[Yamifoud]

Very simple, because they need cash, or they need to invest in the altcoins.

Because not all the time we just keep on holding bitcoins, I think there is also time that we should need to spend some of them.
Anyway, at the country that bitcoins isn't accepted as a payment-of course they should convert it into fiat. As of bitcoin value in the market now and the rumors of having fork this month, most probably a lot of bitcoin holders will selling this coins because the might afraid that there will be having a huge dump when it happens.

[Mr.Dick]

mefor example sold a little amount of bitcoin (worth about 300 €) to friend of mine, 'cause I made at leats 6 % profit, he's a friend and I could fix some outstandign costs last month. Also I always feel well to actually use bitcoins for my benefits and to support system instead of just hoarting  them.

[browder07]

Maybe they do not believe in bitcoin, or maybe they have a word of sale, if you buy bitcoin at $ 500, and now you have 20 times the amount of money you invest.

[gudrun]

Because they did not feel confident in bitcoin. there is too much bad news recently, coinbase maintenance and bulk transactions other sites, many rumors bitcoin prices down and they do not want to keep bitcoin

[fadlyzuld]

why people sell bitcoin
In my opinion, there are many ways to answer this question, maybe they are profitable or they think bitcoin will decrease...

[Mango Startups ICO]

They might be afraid the price will drop. There are some wise people talking about a bitcoin crisis. But as always, no one knows what will happen. Anything can. One thing that might really harm bitcoin would be government regulations.

[olatslodi]

People can use bitcoin in many ways. They sell their bitcoins is because they already made profit from their initial investment and they need to spend cash. But for me, I would prefer to hold it and keep it up until it somehow reach a tremendous amount.

[piebeyb]

not as you think every country may not be able to stop bitcoin users to make transactions, because not all the country's rules laws prohibit the circulation of digital currency only bitcoin can be a good investment assets in the future
I think people sell bitcoin in your country because the average life requirement may be the unemployment rate that hold bitcoin will not last long

[Seeker#9]

A cryptocurrency like bitcoin can be use to any kind of online transactions if the holder need to sell it. When bitcoin price is high maybe after several all-time highs, people has the tendency to sell it to make profit. The of incoming crash might also cause them to sell or convert bitcoin to another currency.

[untugede]

everybody selling bitcoin has their own reasons, there are those who think already earn enough profit
then some are selling bitcoins because the inevitable need is forced to sell them