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Author Topic: Why people sell bitcoins?  (Read 9881 times)
MarkusIsaiah
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December 20, 2017, 03:47:29 AM
 #601

People sell their bitcoin because they need it. Like me, i sell some of my bitcoin because i need it for our daily expenses. my husband salary is not that much too provide our daily expense. so i need to sell some of our bitcoin too buy the needs of my two kiddos.
Larva14
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December 20, 2017, 03:52:01 AM
 #602

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
I think there are some reason why people sell their bitcoin. I think the main reason why they need to sell it is money. Many people prefer to sell their bitcoin for money and if you sell your bitcoin on a high price you could really get a lot of money. I suggest you must hold it than to sell it.
Manc89
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December 20, 2017, 03:56:49 AM
 #603

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.

People sell bitcoin because the buy in lower price and sell in higher price.
Thats the first reason and i agree with you.
Second option is they sell it to usdt and cash out.
leisha
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December 20, 2017, 03:57:16 AM
 #604

Well there are lot of reasons why people sell bitcoins. People might sell bitcoins when they need money and selling bitcoins is their only way to get such money. Like me, I am selling bitcoins when I need money for my family. People also sell bitcoins because they wanted to have a realistic money than digital money because they are scared to the fluctuating price of that currency. Some are scared to hold their bitcoins because it is prone to hackers so once they earn it, they sell it already. People have many reasons why they sell bitcoins but it is not big deal because we have an individual decisions so whatever we did, we should not compare it to others.

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ShineftChaos
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December 20, 2017, 04:06:23 AM
 #605

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.

For some people they just short trade. While others, sell bitcoin to purchase other cryptos and gain more. And then due to unavoidable circumstances they sell their bitcoin for example run out of cash.

selectaselectine
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December 20, 2017, 04:20:03 AM
 #606

When the value of bitcoin is low, people tend to buy bitcoin. When the value price is high, they will sell it. So maybe, people sell their bitcoin because it is their way of gaining profit and earning money.

Flexystar
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December 20, 2017, 04:36:51 AM
 #607

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.



Yes exactly.  Few people just trade it like they invest their money when the bitcoin prices are low.  And they sell it when the prices are highest.  Likewise the earn their profits. Also if they need money then they remove it.  
RanieriClaudio168
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December 20, 2017, 04:44:08 AM
 #608

I think because some people who really need money to pay their bills or buy something, some people who don't believe about the growth of bitcoin in the future. They think the price of bitcoin will fall down sharply or the bitcoin is just another kind of property bubble that could explose at any time.
Christian13
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December 20, 2017, 04:46:46 AM
Last edit: December 20, 2017, 10:14:05 AM by Christian13
 #609

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 its in a bubble because Bitcoin is growing and my frustration with the bubble people is bubbling over. Some day soon the bubble of people thinking Bitcoin is in a bubble will pop and they will buy into Bitcoin.
Adv Tahmina
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December 20, 2017, 04:47:44 AM
 #610

If you need the money then you have to sell the coins.If the price is down again,they can buy another bitcoin.If the price is at the higher price,as long as there is difference for the buy and sell.I personally sold my bitcoin when I need money.
globalking
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December 20, 2017, 04:49:14 AM
 #611

maybe they need money but according to me, it is better to hold it for a long term.

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December 20, 2017, 04:52:12 AM
 #612

People sell bitcoins when they have reached their desired profit goal while others sell when they feel like the price is too low and give up. Others simply sell to get paper money in exchange.
charlenedave
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December 20, 2017, 05:12:30 AM
 #613

There are so many people who invest in bitcoin. They sell bitcoin maybe because they need money or they want to get profit.
There are different reasons why people sell their Bitcoin after a long run. One of the reason is maybe they have an emergency payment or just like what you said, they need money. Also, like the theory of "buy low, sell high"; if the value gets high, people will be attracted to its price so they will sell it to get a high profit.

didik12
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December 20, 2017, 05:46:07 AM
 #614

Every user's sell bitcoin for the profits. Even your savings save it in bitcoin in a long time the time will come that you sell it to the purpose to earn money. So if the btc become money you may buy everey thing through selling of bitcoin.

kirito1614
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December 20, 2017, 05:46:53 AM
 #615

To make benefit and after that if the cost is down once more, they can purchase another bitcoin and after that they will keep until the point that the cost is down increment. this conditions will be rehash again and again. regardless of if the cost is at the higher cost, insofar as there is distinction for the purchase and offer, individuals will utilized this opportunity to make benefit. be that as it may, for a pack holder, they don't do this and they just purchase once and holding up until the point that they see the cost is increment so high then they will offer it.
handsomes
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December 20, 2017, 06:08:59 AM
 #616

People sell the bitcoin Because, I need money for things to buy and spend everyday and the demand will increase because sell your bitcoin and touch and feel the fiat money.
virtualhero
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December 20, 2017, 06:13:19 AM
 #617

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.
There are many reasons why they sell bitcoin, one is they need to pay for the rent and monthly bills or monthly allowance. Others are afraid that bitcoin might dump or the value would fall. While other do trading, they sell on high   and buy on low price.
bce
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December 20, 2017, 06:15:59 AM
 #618

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.
there may be many reasons why people selling bitcoin may be one of them as you pointed out and surely people access bitcoin is to get the financial benefits and assets for future investments that is the reason why people sell bitcoin to get that profit if in my opinion
merszxc
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December 20, 2017, 06:21:59 AM
 #619

The value of bitcoin is one million thats why all of the people sell bitcoin or the invest to join trading
Fasdartin
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December 20, 2017, 06:44:10 AM
 #620

There are so many people who invest in bitcoin. They sell bitcoin maybe because they need money or they want to get profit.
There are different reasons why people sell their Bitcoin after a long run. One of the reason is maybe they have an emergency payment or just like what you said, they need money. Also, like the theory of "buy low, sell high"; if the value gets high, people will be attracted to its price so they will sell it to get a high profit.
I think maybe they need money so they sell there bitcoin, or because of high price when you sell it so they attract to many people to sell there bitcoin. Also sell it in high price and buy it in low price gives you a lot of profit.
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