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Author Topic: Why people sell bitcoins?  (Read 9876 times)
Maureenjoy
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December 15, 2017, 07:30:29 AM
 #521

Well people sell bitcoin to earn money. That’s the main reason behind that. When bitcoin price become high that’s the time you sell it. Investing your money is a way to earn more out of it. It will not only benefit people at the present time but will also be in the coming future. So don’t hesitate to sell your bitcoin because the return of your hard work will be something you might be surprise about.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 15, 2017, 05:20:38 PM
 #522

I think mostly people sell to collect profit or because they need money. At least this is when I sell.
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December 15, 2017, 05:23:43 PM
 #523

Whoever having fear that bitcoin will fall in future and those people are panicked and selling their coins.

And mostly traders are involved for arbitrage opportunity

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December 15, 2017, 05:26:29 PM
 #524

They just don't know what are they doing. It is now time to buy Bitcoins, but not absolutely not to sell. People who sold their bitcoins now will cry in a feww yeras (anticipating wave of suicides)
Noore Najjar
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December 16, 2017, 04:09:46 AM
 #525

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.

About course, the individuals fortunate early investors can’t just use the individuals profit immediately – they’d must offer their advanced cash initial. That’s made a anguished situation to kin for many dollars On their virtual wallets: ought to they take advantage of A percentage from claiming their venture now, or clear out it untouched.

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December 17, 2017, 06:26:53 PM
 #526

People would sell their bitcoins for a number of reasons, the first one would be that they feel that they already want to cash out before bitcoin value even fluctuate and the other reason would be that they simply need money that has more support and can be used to buy from stores.
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December 17, 2017, 06:30:43 PM
 #527

Because people are buying bitcoins for investment so once they are alreafy contented with the profit they yield based on btc current price they would already sell it other reason is they are afraid that btc would crash or just simply they need cash to spend in rea world where bitcoins can't be used.

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mahibul49
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December 17, 2017, 06:43:26 PM
 #528

people sell bitcoin bcz they do trading with bitcoin.most people are holding bitcoin and buy when price low and sell when price up.

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December 17, 2017, 06:52:41 PM
 #529

Some people do not like to hold bitcoins for a long time. Some people have leveraged trading, so they often buy and sell bitcoin, which is not surprising.
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December 17, 2017, 06:55:53 PM
 #530

Well, there are obviously a lot of reasons as to why people may go amd sell their bitcoins. And some of the reasons i know are :
1. They  are traders. They go and sell bitcoins for profit when it rises and buy alts and when price go down, they buy again and the cycle goes on.

2. They sell because of lies spreading out about bitcoins plus those price rises that are unrealistic or the big dips in price.

3. For personal needs.

Those are the onky reasons i cam think off.
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December 17, 2017, 06:57:49 PM
 #531

There are a lot of people who own a ton of bitcoins, and maybe they are changeing some of them in fiat to purchase goods like cars, houses and so on.
Also, there are a lot of people who are satisfied with the earnings the got so far... it is a decent win if you bought in when it was below 5-6k!
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December 17, 2017, 07:15:21 PM
 #532

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.
What is your country by the way? If you want to hold it then they cannot govern over it. It is yours and you alone can decide what to do with it.
ed_Berrington
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December 17, 2017, 07:35:26 PM
 #533

It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
mininglegend1234
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December 17, 2017, 07:39:02 PM
 #534

It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
I don't think anyone sell it just to fulfill its basic needs and just to enjoy it's profit from it other I don,t saw anyone who not enjoy it's earning from it just to invest somewhere else. I found 2 reason that why people sell their bitcoin 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
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December 17, 2017, 08:47:40 PM
 #535

It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
People that want to make their money really fast want to sell their coins. Bitcoin can get sold later when then price is high.

 
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December 17, 2017, 08:51:22 PM
 #536

I think they sell bitcoin , because it's necessary like emergency funds or maybe there is something that fund to use for. But I am in favor of hodling, this has really a huge potential to get bigger profit than selling bitcoin when it hikes.
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December 17, 2017, 08:53:36 PM
 #537

I bought 1 Bitcoin at $2,000 dollars a few months ago. At the time that was about half of what I had saved being a recent college grad. When Bitcoin hit 15k and I realized I could pay off 2/3 of my student loan debt by selling it I did so. I have means of making more Bitcoin but getting rid of a majority of my debt was too much to pass up/
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December 17, 2017, 08:55:49 PM
 #538

I think that at everyone the reason. Someone sells bitcoins because of the compelled need, and someone just finds new ways of higher income and in such a way receives means for further development.
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December 17, 2017, 08:59:22 PM
 #539

I suggest if bitcoun is still not yet legal in your countries maybe you should often use and invest in.bitcoin .. just wait for the right for your government to.recognize bitcoin.  And for your next question why people sell their bitcoin instead of keeping , anyway there are some types.of bitcoin user, some are only just focusing on smalltime profit if they see bitcoin get higher then thats the signal for  them to.sell their bitcoin but sad to say they are the dumpers just like in other altcoins. And I believed the power of holdong these are came from the group of traders and miners they are the.bigger holder of bitcoin they are often sell bitcoin and cjhoose to keep their bitcoin for future profit.
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December 18, 2017, 03:03:12 PM
 #540

there are too many reason why people selling their bitcoin.
possible you need urgent money or be afraid of correction
but to me is for taking profit.   when the price goes up to my target, i am selling my bitcoin, just a few. and save the rest for another higher price.
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