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Author Topic: Why people sell bitcoins?  (Read 9881 times)
xerophore
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December 29, 2017, 12:51:58 PM
 #801

I don't know about someone's motivation to sell bitcoin they have. However, I am sell bitcoins when cash reserves are really thin. More than that, I am prefer to keep trading it.
dharnamonitor
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December 29, 2017, 12:59:45 PM
 #802

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.
Some people sell bitcoin because of their need of money and one thing when they have already have profit with bitcoins and they think that profit is enough for them so they will decide to sell their bitcoins.

So basically, for them bitcoin was just only a way to earn money like what a normal job does. That they even sell it if they want too without thinking of holding it for some time? am I right? I think there's no wrong about it thou

barnes13
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December 29, 2017, 01:38:44 PM
 #803

Everyone has a different purpose for every Bitcoin they have, so I think selling it is possible to meet the needs, or they feel by selling it now then their goal is achieved, so there will always be someone selling Bitcoin anytime.
randyboy
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December 29, 2017, 01:46:52 PM
 #804

If the forbids in your country then try to hold it to recognize the ability of btc. people must sell there bitcoin for profit thats why its secure than to hold but government dont recognize because for them its a illegal job they cant collect high tax from bitcoin but the other way for participants thats why people will sell it anyway.
icoprofits
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December 29, 2017, 01:49:07 PM
 #805

People sell Bitcoin because of necessity or lack of knowledge fearfull and panic  mode
cybersofts
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December 29, 2017, 01:49:43 PM
 #806

People like me and you are always afraid of bitcoin value dropping to zero overnight Smiley that is why they are selling whenever the price get to another level. Some people sell bitcoin for a living in form of a business while others work to earn it and dump immediately. people have different motivations that is it.
Navneetkamal
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December 29, 2017, 01:52:27 PM
 #807

People sell their bitcoins because they need money or they want to get their profits out of their saved bitcoin.
nhatthanh12
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December 29, 2017, 01:55:28 PM
 #808

Because I need money and I regret doing so
daglordjames
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December 29, 2017, 02:15:58 PM
 #809

i think they are tired of investing their bitcoins and they are not too willing to wait when to sell their bitcoins.
tempebacem
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December 29, 2017, 02:19:03 PM
 #810

People sell their bitcoin to make a profit out of it, or sometimes something as typical as they need cash for their daily needs, just like me rather than holding bitcoin to profit from it, I sell it or turn it into cash for my needs .
HiringYou
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December 29, 2017, 02:26:25 PM
 #811

Investments in Bitcoin are only profitable when we know that what is the right time to sell.People often sell their Bitcoin's when they find the right price to sell .The right price here can be the one at which they can at least get double of their investments or even more. Some of the people commit the mistake of panic selling and sell their BTC's when they notice some drop in the price.The third reason can be when people need some money,at that time they sell their BTC,s.
Harley29
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December 29, 2017, 03:06:58 PM
 #812

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.
There can be two reasons that people are selling bitcoin first of all bitcoin can be sell for daily needs such as food etc. and secondly people can sell it if they are investors and they want to earn from it because normally people buy bitcoin when its price is low and then they keep it on hold for some time when its price go high then they sell bitcoin and take their profit so that’s the reasons when people around the world they are selling.
lara59236
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December 29, 2017, 03:07:33 PM
 #813

answer me hiring why leave your coin els and post only in other places
xmyxqbh
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December 29, 2017, 03:09:45 PM
 #814

just need cash
jakoylantern
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December 29, 2017, 03:45:39 PM
 #815

For me, the reason why you want to gain bitcoin because you want to earn money. Yes, bitcoin is a currency, but it is digital. Many people are gaining bitcoin because they want to make real money, by selling bitcoin you can obtain cash, and after receiving the money, they will use it to pay the bills, buy the things they want and many more. That is the main reason why people are selling bitcoin, in a comfortable explanation they just sell it to make some profit. Smiley
asha18
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December 29, 2017, 04:04:58 PM
 #816

According to me, some people bitcoin sell because of they no risk. If bitcoin price dump. So they sell bitcoin. But, those who have taken the risk of history witnessing have achieved success today.
steven.spearman
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December 29, 2017, 04:07:03 PM
 #817

Maybe they panic the price of bitcoin down drastically, they are not people who can not be patient. I personally though the price goes down or up I will not sell it, because this is my investment.

Core.BUSTER
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December 29, 2017, 04:10:51 PM
 #818

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
They sell their bitcoin for income and money. We all know that all person needs to have money so that some bitcoin users prefer to sell their bitcoin to gain money. Furthermore, I suggest you must do holding than selling your bitcoin. Just hold it and gain much income.
AlexInTheOcean
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December 30, 2017, 11:09:55 AM
 #819

Regulations can spook people for sure and it's getting oversold from time to time, so selling at ATH seems logical.
cryptolerant
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December 30, 2017, 11:12:52 AM
 #820

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
They sell their bitcoin for income and money. We all know that all person needs to have money so that some bitcoin users prefer to sell their bitcoin to gain money. Furthermore, I suggest you must do holding than selling your bitcoin. Just hold it and gain much income.

The reason might be more complicated than this actually. Most of the people are selling their coins because they are afraid that they can lose all their money if they don't cash out today. It is called panic selling which is triggered by media mostly.
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