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Author Topic: Why people sell bitcoins?  (Read 9928 times)
tanjiran
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December 13, 2017, 03:45:41 AM
 #481

whether sold or stored, depending on each person. most people will sell bitcoin because it has got a lot of profit with the price at that time, if not immediately sold the price potentially down and can lose.

Samsungnumbertwo09
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December 13, 2017, 03:49:05 AM
 #482

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.
Because at first they buy bitcoins as investment and then when the price of bitcoin is increase then thats the right time to sell the bitcoin to buy what they want.
supine
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December 13, 2017, 03:54:45 AM
 #483

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.

Perhaps the reazon behind this is the fact that tbose people really need the money. The thing is we cannot blame them for selling whatever profiftable assets they have. Plus, we are also aware that bitcoin can only be used through the internet, therefore any transacrions done outside the internet is not applicable for bitcoin or other cryptocurrencies.
Blondy12
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December 13, 2017, 03:55:55 AM
 #484

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 it is better if you will not be using bitcoin since you said that the government forbids the use of bitcoin, it other words, they banned it in your country.

People sell their bitcoins because they need money or they want to get their profits out of their saved bitcoin.
lucky for us my countrymen because our government doesn't involved in government yet. government here are still focus with war of drugs issues and so on. so, us bitcoiners here are still free to invest and use bitcoins. but for me, i'd rather invest my bitcoins than to convert it to fiat and spend.
BILGPS
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December 13, 2017, 04:11:03 AM
 #485

The people have many categories like some of them want to get a steady income through the sell of bitcoin while some of them keep it for future use and some of them can hold it that they can use for buying of many commodities in the future. but for me it is necessary to hold a good amount of bitcoin to use it for trade in the future.

hran1085
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December 13, 2017, 04:15:29 AM
 #486

price of bitcoin change a lot, now bit coin is on trend I do not think people sell will never come back. They want a better entry when it's cheaper. or sometimes people needs money for emergency.
poisonivy77
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December 13, 2017, 04:35:11 AM
 #487

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.

it is obviously for money, people like bitcoins or started to joined bitcoin because they wanted to earn a profit. they wanted money in the first place, some would like to hold it but for what sake? if you would wait for it to rise its value and trade that would take you some time.


btccointalk
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December 13, 2017, 04:40:52 AM
 #488

They sell it for profit and obviously when they are in need of money.

NRJ
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December 13, 2017, 04:43:03 AM
 #489

It's okay to sell Bitcoins. Sell coins when the price is high, buy coins when the price is low. Profit! Smiley
logicgate
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December 14, 2017, 01:05:20 PM
 #490

They sell it for profit and obviously when they are in need of money.
holding bitcoins and having a plan to invest them is good, people should not sell bitcoin until they urgently need money. Bitcoin is a treasure and its worth is getting high with time. And soon in future it will replace all other regular currencies for buying and selling in daily life. I don't say that physical money will be extent but I think both can play a vital role in our lives and can facilitate us very much.
mung_nasib
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December 14, 2017, 01:13:03 PM
 #491

indeed bitcoin influence very large in a person's life so if then government really prohibits bitcoin in a country will definitely make Hunter panic and the way out often taken is selling all existing assets relation to the money digital although price not in the condition of the best definitely keep they do.

Dod Ong
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December 14, 2017, 02:03:56 PM
 #492

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.

Why people sell bitcoins? I think why some people selling bitcoins because they want to earned more money than they earned here in bitcoin. They want to sell bitcoin because they think if they sell bitcoin they can earned more money by selling a bitcoin.
mayidid
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December 14, 2017, 02:18:00 PM
 #493

Many people sell Bitcoins to cash in profits. If they bought at $2000 and sell at $4000, they are making a huge profit and possibly would be very wealthy if they had a lot of Bitcoins. You may also want to sell to buy other cryptocurrencies that you think might out perform Bitcoin now that it has made such big gains. Diversifying is not such a bad idea because there may be one coin out there that has a much bigger gain than all the others over the next year.
Vin183~
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December 14, 2017, 02:27:32 PM
 #494

If price of bitcoin better we sell the bitcoin so we can get a big profit than we keep bitcoin on hand bcos sometimes price of bitcoin can be down price.
Ruri Kurosaki
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December 14, 2017, 03:36:17 PM
 #495

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  Smiley
trynewline
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December 14, 2017, 05:11:59 PM
 #496

It is a huge investment, as simple as that. You can even trade it if you want. But you can still get normal currency back.
jake zyrus
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December 14, 2017, 05:24:53 PM
 #497

Well ideally bitcoin is a means of investment, but if you really need the money for whatever reason, you have to sell the coins to get some sort of fiat currency back.
Bitcoin is a good investment and easily to convert to cash if you need money. Bitcoin helps us to support our daily needs. Bitcoin is a big help for us. 

musaonliner
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December 14, 2017, 05:29:17 PM
 #498

simply I can tell people already got the good profit.
and people wait when btc decrease then again want to do buy and they know btc again and soon would be increase
then again sell it..

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Tanazir
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December 14, 2017, 06:26:13 PM
 #499

People sell Bitcoin because they earn prizes for themselves. And people sell Bitcoin because they get the right amount of money for their goals or things they want. And maybe people sell their Bitcoin because they are already waiting, Bitcoin is on high prices.
valentine401
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December 14, 2017, 06:28:08 PM
 #500

Selling bitcoins is depending on your daily needs, Some of us are just using bitcoins because we want to earn more money while others want to earn bitcoins because they keep on holding and waiting for the highest price to came out so i think that it will always be depending on the individual needs.
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