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Author Topic: Why people sell bitcoins?  (Read 9876 times)
emmanborromeo67
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January 05, 2018, 02:24:01 PM
 #901

Because of high price of bitcoin And all player are wating to pump again and sell .
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tienigarazz
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January 05, 2018, 02:31:55 PM
 #902

I am sure theres always a big reason why they decided to sell thier btc rather than keeping it.
Maybe because their really need a money, example this past year we celebrate christmas, if we really dont have a money for that celebration we need to sell our btc in order to have money or sometimes when the price of btc get higher they think that it is the best time to sell thier btc, without thinking that its has also a possible to increase again in much bigger price.
Different person, have different reason why they do things like that.

19faraon88
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January 05, 2018, 02:36:49 PM
 #903

Maybe they already earn to their investment or maybe they waiting for low price of buying.
zzxswqq
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January 06, 2018, 09:22:42 AM
 #904

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.
Yeah not everyone buys bitcoins  just to invest for a long long time and HODL their coins. Some people buy it for day to day transactions too and HODLing for long is useless to those people
mkettler
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January 06, 2018, 09:31:22 AM
 #905

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
Some people might sell bitcoins  temporarily too if they predict a drop so they can buy more bitcoins  and increase their holding in bitcoins  over all. Not a bad strat IMO
jdeanne92
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January 06, 2018, 11:18:03 AM
 #906

Maybe they badly needed the money for personal uses or emergency things. For sure they would put their btc back if they have money to buy in
mysacrifice
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January 06, 2018, 11:26:14 AM
 #907

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.

I believe there are many different reasons for selling. One of them is fear. Some people get scared that they might lose their investment money and they sell some of their coins. Some people sell because they need urgent money. Some people sell because they want to get some profit.
andrei214
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January 06, 2018, 11:29:51 AM
 #908

There were a factors or reason for a bitcoiner to sell there bitcoin.Maybe the price were just catchy and and persuasive and they decided to sell.And maybe the price reaches the price that were mostly like..

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marroxas
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January 06, 2018, 11:30:39 AM
 #909

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 sell bitcoin because I think they need money. Bitcoin is a investment, so many people invest and sell there investment because they have already profits in the bitcoin or some people need money to there financial life. We cant say what is the thinking of the people but remember bitcoin is a investment so many people buy and sell there bitcoins. There are many reasons why people sell just understand how to run our bitcoin.
Samsungnumbertwo09
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January 06, 2018, 11:49:46 AM
 #910

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.
We all know that in the first place we buy bitcoin and just wait to increase the price and then sell your bitcoin for the profit.
xSkylarx
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January 06, 2018, 11:53:12 AM
 #911

My only reason to sell Bitcoin is because I need some money for my daily expenses ,
And if I ever wanted to save I would just keep my money in bitcoin and keep it safe in my offline wallet.
Boristhecat
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January 06, 2018, 12:04:10 PM
 #912

People sell bitcoins either because they need money for daily spending or because they found a more interesting asset in which they want to invest. There is another version of those who are afraid of the collapse of bitcoin, but there are very few of them.
Markupoltit
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January 06, 2018, 12:09:46 PM
 #913

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.
Well, people sell bitcoin now a days because the price of the bitcoin is going lower so that they buy a bitcoin, then if they buy a bitcoin at it's lowest price they will wait a year until the price of the bitcoin will increases.
emezh10
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January 06, 2018, 12:19:29 PM
 #914

Many people sell Bitcoin and crypto in general because there's still many doubts about it.

They are scared that crypto is a balloon that is about to pop any time soon and they want to secure their profits/investment.

Crypto is still in early phase and isn't mass adopted yet, so I understand where the fear might be coming from.
I think people sell bitcoin not just only because of the lack of trust, because i think most of people know that for them to earn and to gain profit with the used of bitcoin they will need to sell it and used it in their own local currency just to fell that they formally have a profit out of their money or bitcoin. But in realty is not bad to deal with this because transaction could also help the community of bitcoin to send awareness for other people to know that they could also earn with the used of bitcoin.
qwertyuiop0987654321
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January 06, 2018, 12:45:27 PM
 #915

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.

Investment is another term of selling in the world of Bitcoin. Thus, people invest their BTC to make it grow. But literally speaking, people sell it because they are in need. Since, BTC cannot be used in buying they sell it into their currencies to make it edible for them to use in a certain country.
BitBite5
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January 06, 2018, 12:49:23 PM
 #916

The same reasons why I'm selling bitcoin. Because I need fiat money for expenses.
But I don't see anything wrong in selling bitcoin, it has some other purpose than just be held in wallets and wait for the time when the price is high. Why don't use all advantages of bitcoin and spend it actively, that is why it's made for.
Boys27
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January 06, 2018, 12:51:43 PM
 #917

usually people sell bitcoin that they have because it is profitable, in my country bitcoin is not legal and my country government prohibits transakai using bitcoin but if only for trading not forbidden.

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gohan21
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January 06, 2018, 12:55:55 PM
 #918

people sell bitcoin because they just want to earn money and have no other reason but to earn money and invest lots of bitcoin money to increase their profits here they need to do it to attract other people magbitcoi to increase the bitcoi user here in the philippines.
microwave
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January 06, 2018, 01:14:55 PM
 #919

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 would do selling Bitcoin because  it will enjoy the big profit. and go on buying again if bitcoin is low cost value that's the best technique of BITCOIN TRADING.
venkateshbk9535
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January 06, 2018, 01:41:40 PM
 #920

People will like to sell Bitcoin because to get the profits. Or some any another personal problems. They not satisfied with that profit then they are keep it.
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