Why people sell bitcoins?

[Baby Dragon]

I sell my bitcoins when i alreade have the desired profit ! Most of the time I sell it when the downtrends has already started in the market ! when the market is cheap I'll buy mote bitcoins and sell it again some time in the future when I already hit the desired profit and they cycle just continue

One of the reason why they sell their bitcoin is to gain income and we all know that if you sell your bitcoin you could really get high income. However, I suggest you must hold your bitcoin than to sell it because as of now the price of bitcoin become expensive so that there is a chance that the price of bitcoin will become more expensive and may result to a high income.

[Melit02]

People sell bitcoin becuase one Bitcoin has a high value when the price is also high. They can get here a big profit and some experience of them are very nice feedback so many people will get interest here to invest and earn money for their future. Bitcoin can really help you financially and sustain yor daily needs.

[detector]

People sell because their profit gain as more as their investment.They need it for emergency purposes.Others are they put it on a small business  other put in the bank and they invest it on the different icos

Other than profit, they have other need that must need to being fulfill with rush but it's their choice for selling bitcoin because they can do anything with their own bitcoin.
But one for sure, see bitcoin at the moment makes me to keep hold as long as possible !

[wolfgang56]

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.

They sell because they want profits. They sell because they want to buy. I think mostly of bitcoin users use the style of buy and sell technique to get more higher profits than just to hold their bitcoins.

[Sowik]

I think mostly people sell to collect profit or because they need money. At least this is when I sell.

[kucritt]

i think the people sell their bitcoin because their prediction is reached so they sell it  to get some profit, beside getting the profit, the main factor that people sell their bitcoin is because panic sell, they panic if the price of bitcoin or other cryptocurrencies is going down and make them loss

[Maxre]

when someone has reached the profit target I think it's natural for someone to sell it.
which should be avoided a drastic decline and make your emotions messed up and then sell it with a loss.

[wenjun123]

I believe that selling it now is silly, it will cost $ 50,000. Then you can sell a couple of bitcoins, to buy a flat for example.

[nick_nick]

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.

Most people sell bitcoins at the time bitcoin has achieved a considerable high price. I personally prefer buying bitcoin at the time its price has fallen just to sell when the price is high

[zeingrind777]

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.

in my country also has started the ban bitcoin, but there is no regulation and fixed laws for the ban in my country but the government continues to provide negative news to bitcoin. I do not understand why the government wants to ban bitcoin

[Niveus]

I think the main sellers of bitcoins are stock speculators and, of course, miners. I met several miners in my city and every month I buy bitcoin from them.

The vast majority of investors adhere to the HODL-strategy

[Daveeoff]

Mostly to trade or collect profits. These two should be one of the top reasons. Some stores sell to collect their money as well.

[haxker007]

Individuals are selling BTC as the cost is very high contrast with before.if you need to put you in a protected circumstance you can offer your BTC. In any case, specialists anticipate that it cost will expand more in future.so its better to hold the BTC.

[RockBar0]

They sell bitcoin because they need money. Maybe they see enough. Also, they may not believe in bitcoin anymore. , too many reasons for them to sell bitcoin

[psmachado]

The most simple answer is: Bitcoin is a long-term investment, and people want $$$ NOW.
Short but clear.

[Bitcoinstein]

It all depends on the type of business

You can work as a market maker/lender or generate your revenues through fees/commissions.
All depends on your added value to the industry.

[Malaya]

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.

Common answers why people sell bitcoins is for the reason that people need it and they need to buy something else. May it be something like small or not, people need to sell because probably they have invested and earned much already. And it is not bad to sell it if you have enough or you are okay with it. You can sell some and allow other bitcoins to be on hold so it will continue to grow.

[doomloop]

I think the reason that people are selling their bitcoins is not as complicated as it seems it is that people just need money, and in the current situation I think people are just afraid that bitcoin might fall very much

It is very fine statement because everyone has the different situation and different need for selling bitcoin. if a person will sell bitcoin at high price you will see how fast bitcoin will give return, as you said people sell for the need of money so it is not good to sell the saving of bitcoin just for the sake of small demand and need of money but yes if they are having a very critical situation they can sell bitcoin for money.

[ReLieD]

Dude what if Bitcoin is an investment , it doesn't mean you cannot spend it. People might have emergencies or maybe some other reason for which they might use Bitcoins. But I agree that Bitcoin is not something to be used regularly because of its much increasing prices

[FRJ]

Simply,people sell bitcoin to get profit.

Sometimes, people prefer selling bitcoin rather than to hold them.Again,some become contented with the increased price of bitcoin and don't want to take any risk.So,they sell bitcoins.

But I think,in the conclusion, people want to get profit, have money physically and want to make use of the bitcoin in their day to day life.So,they sell bitcoin when they become satisfied with the price of bitcoin.