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Author Topic: Why people sell bitcoins?  (Read 9881 times)
Wulanayu
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January 03, 2018, 12:58:41 PM
 #881

Bitcoin is a tool or can be called a foundation for investing, if we want a quick profit then we should rotate bitcoin quickly that is selling at high prices and buying on the down, it is done continuously.
At the moment of urgency or we desperately need for an emergency reason then we also sell it from we have to borrow or mortgage our property, then better sell a bit bitcoin us to close it.
there are so many reasons why selling bitcoin but that's why I have to sell bitcoin.

moamin77
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January 03, 2018, 01:01:53 PM
 #882

For many reasons:
To make some profit
To buy other crypto currencies or tokens (ICOs)
To cash out
To fully escape from that Crypto market (for people who can't live with its frequent changes)
 

jbkg111816
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January 03, 2018, 01:03:01 PM
 #883

Well surely the reason why people are selling bitcoin is in order to earned bitcoin in their investments, also this is one of the main supplier of bitcoin.

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ransow72
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January 03, 2018, 01:06:19 PM
 #884

People earn profits by investing in bitcoin.Bitcoin holders sell it when the requirements arrive.Any kind of need.Money can meet more needs.Bitcoin is also sold.
mkmittalg
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January 03, 2018, 01:12:21 PM
 #885

 Bitcoin sells for profit.
lhea056
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January 03, 2018, 01:12:49 PM
 #886

Most of people who sell bitcoins are the ones who panics easily when bitcoin drops and once it drops again people will sell they just keep on panicking , others are those who already earned profit from their investment platform to convert their bitcoin into their paper currency they might probably need cash for emergency use or they will keep it on their banks for their safety . Others are selling bitcoin because they need to pay for their bills or their wives needed cash for their grocery or any other things that is needed on their houses . Selling bitcoins maybe one of the reason , they might quit crypto tradings or platform because they never earn in their platforms  so they are just selling it and just spend it on a business . Crypto world is risky so before they enter they must know the risk so they wont regret and end up selling their left bitcoins

notyours
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January 03, 2018, 01:15:59 PM
 #887

People sell their bitcoins for different reasons;

1. trading bitcoin for altcoins or profit
2. trading bitcoin for fiat when in need of money.
3. Some trade their bitcoins just for fun to have the experience.

Those are the main reasons why. But most people who has bitcoins sell their coins in order to buy new altcoins that they think will go "boom" in just a short period of time. People do profit in bitcoin, however, many people also thinks that they can generate a greater profit by the use of other coins than bitcoin.
blackbutterfly
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January 03, 2018, 01:28:13 PM
 #888

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.
In my place there are lots of people liked bitcoin because it has a very big equivalent amount of money if you want to sell it.this is the easiest way to earn much money in our generation for today.Bitcoin for now is a very popular crypto currency in whole world and it helps a lot of people liked under graduate and jobless people.

susuberuang
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January 03, 2018, 01:29:16 PM
 #889

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.

people are selling bitcoins because they already benefit when buying bitcoins at very cheap prices and currently selling bitcoins await the cheap price again to buy.
gorodi
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January 04, 2018, 06:01:52 PM
 #890

Most of the people that are selling their bitcoins now are the ones that they can't really take the few for now. They have come up to a decision that they don't want to but they have to do it as transaction fee is starting to increase and not all the holders, traders and investors of bitcoin can take it anymore otherwise they are selling because they need cash for welcoming the holidays season.

I am not selling my Bitcoins now because I surely believe that it will rise to 20000USD again. Maybe someone think that it is better to invest this money in some other place because staying here has no sense anymore. But I prefer to be a fan of Bitcoin.
gundala
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January 04, 2018, 11:59:43 PM
Last edit: January 05, 2018, 01:11:41 AM by gundala
 #891

Buy at low price, sell at high price to get profit. That's the normal reason people sell the bitcoin they have. Of course it's all done when there is a moment, and a great opportunity to buy more bitcoin.

rynah011991
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January 05, 2018, 12:10:53 AM
 #892

Bitcoin is cryptocurrency which we must sell to have profit. We buy in low price and hold until the price increases then we sell as needed or in times of urgency.
skyland999
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January 05, 2018, 12:20:48 AM
 #893

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.
they sold it maybe they were afraid that the government banned bitcoin in his country which would probably have its website closed so they could not get bitcoin and useless for the time they spent missing it
haster100
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January 05, 2018, 12:02:51 PM
 #894

People expect that bitcoin will fall, so they sell their coins, although after reaching the dump they will all be redeemed, since this basic bitcoin now takes several days to get a quicker profit. many people do the same
prieaji
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January 05, 2018, 12:21:27 PM
 #895

they sell bitcoin to make a profit and then if the bitcoin price falls again then they will buy another bitcoin to hold it until bitcoin prices rise to a better guess and they sell it again, that's the turnaround they do. and they will look for bitcoins to collect until they see bitcoin prices so high that they will sell them for greater profit.
ateebshaikh290
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January 05, 2018, 12:45:07 PM
 #896

As far as I concerned people sell bitcoin when they see that the value and price of bitcoin is either increasing or decreasing and some other reason for selling it when people need money in any circumstance so they sell bitcoin because they don't have any door to have money.
fredo123
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January 05, 2018, 12:46:00 PM
 #897

People tend to sell bitcoins maybe they need money for other expenses, or else they find good income from it, better dump bitcoins then start to buy other altcoins and wait the chance to surge up then dump, its a cyclic pattern as long you earn good profit from it, then that's better:)
rosepetals
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January 05, 2018, 01:53:07 PM
 #898

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.
Most people sell their bitcoin depends on their needs and convert to fiat to used it in accordance of their needs and also due to panic selling most especially when corrections happen holders get afraid that bitcoin might dump and lose its value and i can say that its impossible to happen because bitcoin has just started to soar high and become very important to some businesse that adopts bitcoin being here in this business takes a lot of courage to take the risk involved and accept that bitcouns value is a roller coaster ride,when price fluctuates theres always correction that follows.Most investors would take advantage to buy more bitcoins and hold it in a span of time.

arteezyy
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January 05, 2018, 02:07:34 PM
 #899

Because people need it for their personal expenses. They can't store it forever because you can't use the value of bitcoin if you don't sell it and change it into a fiat money.

albert11
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January 05, 2018, 02:11:13 PM
 #900

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.
Selling of bitcoins the past few days caused a bit of decrease in the bitcoin's value the past few weeks. There are a lot of factors to consider why people think they need to sell the bitcoin they have. Some people consider bitcoin as a source of a passive income, whenever there's an emergency and they need money, they sell the bitcoin they have. It is also one of their strategy in creating a profit, if they think it's already enough profit they have, they would withdraw it so that they can use it in some other investments or to provide for their daily needs.

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