Why people sell bitcoins?

[ShiroThe5th]

maybe because bitcoin right know are very high. some people are buy a bitcoin when the price is at $6k, and now the bitcoin are tripled of it's price they know selling it to have a profit. they now selling it because the bitcoin is still high.

[tikong]

I think so many sellers of their bitcoin because they need money and they just sell them their bitcoin because the bitcoin price is high as now many sellers are selling but more are buying bitcoin.

[bennie4]

They need to sell bitcoin to use in their lives. bitcoin is not money. and it can not be bought or sold any more, you can not wait for 3 days to get a bitcoin to buy a bread

[zmkriel]

Bitcoin is a cryto currency that operates through digital online. So, how come the government can can forbid the use of Bitcoin and any cryto currencies? Especially in gambling, i don't think that the government can monitor if you are using Bitcoin or fiat.

[jsscswan]

People sell bitcoin because they need extra cost in their lives, or sell bitcoin because they are looking for profits to be returned to capital to buy bitcoin. But it all depends on the situation and condition of the owner of bitcoin itself.

[donadoni212]

There are several factors why would someone sell bitcoin
1. the necessities of life
2. hacker-prone wallet
3. do not want to invest in the bitcoin
4. the price of the bitcoin soared
in my country also prohibits bitcoin, but I will still keep it because bitcoin this is the best investment that I have come across

[sidebyside]

Yes, I think now people are eager to sell their bitcoin. Its value is quite high. Many people just look at the profits of the current bitcoin. Not seeing that its future will grow even further. If you do not know saving bitcoin I think then you will regret it

[izthuphido]

People have always been looking for the stability in their lives and with the Bitcoin unpredictability for some people stability is not certain. Some of them are afraid of the stabilization price that can happen very soon. I personally think that Bitcoin will rise even more and its base of investors will drive it to rise more and more in the value. Other people are in need of the money and Bitcoin represents only a way to improve their real life and with BTC standing still in the wallet they cannot do anything. Cause of that they are selling it to pump their steady income. Bitcoin is decentralized and because of that many people, cant do nothing else with it then wait for their countries to accept Bitcoin as such. Bitcoin represents passable currency for some and steady income in the terms of the saving for others.

[Granslam]

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 are selling their bitcoin because sometimes they scared about bitcoin price because the price of bitcoin is not stable compared to fiat money and some people sell their bitcoin because they need? Like paying something example is bills.

[peter0093]

people sell bitcoin for getting most profit money from the bitcoin, due to on this base they sell

[Colt81]

of course people sell bitcoin to make profit and then if the price is down again, they can buy another bitcoin and then they will hold until the price is back increase. this conditions will be repeat over and over. no matter if the price is at the higher price, as long as there is difference for the buy and sell, people will used this chance to make profit. but for a bag holder, they don't do this and they only buy once and waiting until they see the price is increase so high then they will sell it.

Profit is the major reason why they always sell their bitcoin. However, some people prefer to hold it than sell it because they believe that there is a possibility that the price of bitcoin will increase in the future. If you really need cash or money you sell your bitcoin but think first before you sell it.

[im posible]

If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.

[Fujiati]

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.

the bottom line is bitcoin money and bitcoin is an investment, maybe you better sell it if the price is suitable than you hoard it.

[Loopper]

If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.

Making a business using Bitcoin capital can seem like it makes sense, Try. My opinion

[Golftech]

If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.

Same position to mine mate, most of the time bitcoiners sell their bitcoin for another business venture or for some emergency purposes,
most of us thinks that what we have is already enough to release what we hold and start enjoying that money, while others are still having
a hard time to take a decision because bitcoin still keeps on rising high.

[White32]

For me i' ll sell bitcoin when the price is high and i need money to covered my necessities then buy again when the bitcoin price goes down to invest again more bitcoin.

[randal9]

people sell bitcoin when the price reaches the right level to make money...and also when they are afraid to lose

[doomloop]

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

That’s pretty much true. The common investors are not in favor of selling off bitcoin frequently rather as you have mentioned, they are in favor of keeping bitcoin in their wallets for long time until and unless bitcoin has not achieved any new amazing target. These people don’t have very good technical knowledge about bitcoin, so they believe in this simple strategy of making money with bitcoin.

[cepedacharles]

Here are many reasons why people sell their bitcoin and especially today many sellers of their bitcoin because the price of bitcoin is very high and sell in their currency and there are also many rich investors that the choice to invest in bitcoin and so is rising Bitcoin is still a lot because its many buyers even the price of each bitcoin around $16500.

[levvv]

Peoples not always sells bitcoin.
They buy bitcoin when the price is low, and sell bitcoin when the price high.
It's obvious, investment and then get profit.