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Author Topic: Why people sell bitcoins?  (Read 9881 times)
ycoin123
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December 28, 2017, 04:14:51 PM
 #761

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.
I'm a Newbie.My opinion is if you will sell your Coins and want to Re-buy the later.that's not a good idea
Dreamr
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December 28, 2017, 04:42:25 PM
 #762

People have different motivations, they basically buy, sell or store bitcoin for profit. 
invitro
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December 28, 2017, 04:43:14 PM
 #763

Because they want to cash out?
sjdaqwx878
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December 28, 2017, 05:01:24 PM
 #764

People sell bitcoin without understanding until the end of its value will grow, of course if you really need money, then you can buy a small part and sell, but it is better to submit with the sale at least a year and there to sell, if it's really necessary.
loyaswexrq8
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December 28, 2017, 05:23:00 PM
 #765

Each person has his own plans for making money on bitcoin, whoever he buys immediately sells at a higher price, and someone invests in bitcoin and will keep for several years.
newb-dev
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December 28, 2017, 05:33:26 PM
 #766

Because it reached a very high price, higher than predicted, and people are afraid the price might drop. If that happens, they are covered. However the price can grow higher and that means it was not a smart choice to sell
machinationus
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December 28, 2017, 06:56:18 PM
 #767

It really is a means of investment and many people invest in bitcoin knowing that they can make money in the short term, then they can decide to sell bitcoin to improve their economic stability or also sell at a high price and then buy when it goes down and make a difference

Aleksabit
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December 28, 2017, 07:00:01 PM
 #768

people think that bitcoin has reached the peak of its value but does not realize that it is necessary to wait for the price to rise and then sell
Sunyoto
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December 28, 2017, 07:04:34 PM
Last edit: December 28, 2017, 07:17:00 PM by Sunyoto
 #769

What we know every day bitcoin price increases, because many people use bitcoin as an investment tool and transaction even though I need bitcoin, I will not sell it but better I buy more. Because seen bitcoin price is very good we will better hold bitcoin in a long time.
BlackBeauty
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December 28, 2017, 07:09:40 PM
 #770

people think that bitcoin has reached the peak of its value but does not realize that it is necessary to wait for the price to rise and then sell
Bitcoin price going to more high so that's why everyone sell bitcoin and maybe they need some money for family , so bitcoin can fulfill everyone's desire and they live in comfortable life, that's why government will legalized this forum by its price and its uses because bitcoin is not illegal currency, it is a best part time job for those who want to earn some extra money for their future and family.
Showkat Hossain
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December 28, 2017, 07:23:19 PM
 #771

To earn money or profit People are trading online so, easily we can say that the people sell their bitcoins to solve their money problem or they want to achieve their goal.
cherryganda
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December 28, 2017, 07:34:24 PM
 #772

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.
some bitcoin holders do sell their bitcoins for fiat or exchange for alts especially after the segwit which just happened few moments ago , this will give effect to bitcoin price to fell but once that happen so many people will buy back some bitcoins just to enjoy the profit of the pump of the bitcoin price. this happens all the time
LorenoCoin
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December 29, 2017, 04:32:13 AM
 #773

people sell theirs bitcoin because they want to start earning money, the fluctuations of bitcoin have generated distrust of people, in my opinion taking risks is the key to success in the world of cryptocurrencies.
markk94
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December 29, 2017, 04:40:10 AM
 #774

isn't it just some natural phenomenon of the trading market that normally people would like to gain profit in the matter of time and would buy it again when the prices goes down. either than that, maybe it's some urgent need for some people to sell it  Smiley
stayeduptolate
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December 29, 2017, 05:17:51 AM
 #775

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.
every people sell their bitcoin at different different situation . Most of the people sell their bitcoin when the price of bitcoin will reach maximum price. Some people sell their bitcoin when their is need of urgent money. People sell their bitcoin when their is drop in the price of bitcoin is take place. To full fill their dream people also sell the bitcoin to complete their dream.
infposs
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December 29, 2017, 05:39:15 AM
 #776

they just get profit that they want. money always chase more profit to buy profitable altcion.
jonval21
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December 29, 2017, 05:47:01 AM
 #777

people sell bitcoin, because for profit, or  they need to sell. sell bitcoins is part of the market. here in venezuela here in venezuela use bitcoin so can store value due hiperinflation so people use it and sell it due a necesity.
ridho002
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December 29, 2017, 06:10:34 AM
 #778

Usually investors sell bitcoins to benefit from the coins they sell. They know the right moment to sell all their coins and earn a big profit.
toplancer_team
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December 29, 2017, 08:25:16 AM
 #779

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.

Still most of people seeing it's an investment only .. so they selling it for high profit..
Lightofheaven
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December 29, 2017, 08:31:26 AM
 #780

two words "country ban" some country thinks that bitcoin is illegal so they banned it and some people needs profit in everyday life so they sell it just to have money
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