Why people sell bitcoins?

[378budiman]

bitcoin is a means of investment, but if you really need money for any reason, you have to sell the coins to get some kind of money back. and they want to benefit from the bitcoin stored.

[joan26]

People sell their bitcoins to generate profit from it, or sometimes other just as typical because they need cash for  their everyday needs, just like me instead of holding bitcoins to gain profit of it, I sell it or convert into cash for my needs.

[soenaderecho10]

bitcoin is a means of investment, but if you really need money for any reason, you have to sell the coins to get some kind of money back. and they want to benefit from the bitcoin stored.

It depends of setuation if the bitcoin will high pricing i will sell that if the bitcoin will down i keep my bitcoin if i have a problem of money i will sell my bitcoin theres have many reason of people why sell bitcoin for me it dependa of setuation.

[jbombfb]

Some sell because they are scared the price will go down and are happy with the profit of the selling point, some will because trade-wise is a good move, some will because they need cash, if everyone held then the market wouldn't exist

[Pumapipa]

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's life is sustained by constantly using that currency. So, in my opinion, people sell bitcoins mainly to sustain their needs. That is why there are many users joining signature campaigns, only to earn bitcoins and sell them or dump thereafter. This is a vicious cycle of need.

[Rhesie]

There are so many people who invest in bitcoin. They sell bitcoin maybe because they need money or they want to get profit.

[Renai0925]

Well, how else can they earn money if they don't sell their bitcoins? In some cases if it's really urgent or an emergency, they need to sell their coins to pay their bills or other fees.

[primeminer]

Some sell because they are scared the price will go down and are happy with the profit of the selling point, some will because trade-wise is a good move, some will because they need cash, if everyone held then the market wouldn't exist

yeah right, if everyone holds Bitcoin then I think Bitcoin exchange will stop and disappear slowly. and Coin will be a monotonous and unattractive coin

[Dani33]

I think people sell bitcoin or because the price is so high and they wait to buy again when and if the price will down or just because have need of money urgently

[nareshrohra]

Because watching the volatility of the bitcoin, they think its best to hedge their gain. Millionaire Mike Novogratz sold ETH when it reached $400 early this year. It is now at $800, but I bet he wouldn't regret selling them

[claire]

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 sold mine in the beginning because I was investing in my company. But if I didn't need the money I would have waiting until now to sell it because It's really high and eventually it must come down. Everything pops at some point or another and then rises again if it survives.

[BTCMA3IA]

to pay bills , maybe?

[A Feeder]

People sell bitcoins to earn profit. But there is a speculation that people sell bitcoins before the bubble pops so that they could outsmart the investors. It is very crucial to execute the proper timing in buying bitcoins so one must be careful.

[Shrinath]

The main reason for selling BTC is you need the fiat equivalent. We are investing time and earning BTC to be able to gain profit from it. A lot of buyers are content with a 20x or even a 40x profit. Not everybody may be able to take a risk of losing it and would rather enjoy the gains by watching green and red candles.

[WhichIsGood]

A simple question requires the simplest answer. People sell bitcoin because of profit. Since you invested in bitcoin, you ought to have your investment returned to you. Even if you say that bitcoin value will continue to skyrocket so you should HODL, it is impractical because hodling bitcoins forever is unrealistic. At some point in time, you will have to exchange it to cash.

[intoy_victor]

Being clever is most exciting part of bitcoin. Why people sell bitcoin? that is one of strategy to earn more money in a wise, clever ang patience ways. If bitcoin has a high price they sell it and if the bitcoin price down they buy bitcoin to double there money. But you could do that if you have patience and your always active.

[4U]

People sell bitcoins to earn profit. But there is a speculation that people sell bitcoins before the bubble pops so that they could outsmart the investors. It is very crucial to execute the proper timing in buying bitcoins so one must be careful.

Bitcoin is a digital currency and it’s here to use you can use it for your daily expanse and also its here to earn from it there is also another reason that people are selling bitcoin and that is when investor buy bitcoin with low price and then they keep it on hold for some time and then when its price go high then they sell their bitcoins because bitcoin is a very good source of income as well so these two things are the reason to sell bitcoin.

[saycryptohello]

Take profit and wait time for new purchase.

[Maureenjoy]

Well people sell their bitcoin to earn from it. Ofcourse you need to make a profit out of what you have been doing. Hardwork must payoff as what they all say. And in order for you to do that is to sell it, you have to invest the bitcoin you bought then you have to monitor the value of bitcoins in the market. You do not want your coins sitting in your pocket while the price is getting higher. Money wise that is how you deal with those bitcoins.

[arrmia11]

Basically because of income that they can get from it. If the value of the bitcoin increases then they have the chance to earn a lot if they hold their bitcoin for a long period of time.