Why people sell bitcoins?

[Gabb]

I think that most of the new investors in the cryptocurrency market have no more motivation than mere speculation, so it is natural that at this moment there are many people willing to sell their bitcoins. However, clear statistics have recently been released showing that only a small percentage of the total number of existing bitcoins are available in the market, while most of them are stored or lost.

[brascopck]

For money obviously, to cash out their bitcoins into fiat because they need something to buy in real life. People also sell bitcoins because of they exchange it into altcoins, most of traders do this though. There are many reasons to sell bitcoins, money is one of the most reason

[Shreek]

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.

the point is that we sell bitcoin because of need and because of the desire to buy goods.

[Tramle091296]

its always. on decision making on how you decide in current situation like how to use or when to sell your bitcoin. even your government said that need you to sell your profit its always on your decision they nothing to do about it

[mkmittalg]

People sell their bitcoins because they need money or they want to get their profits  or to fulfill their materialistic desires which can easily be fulfill by it.the point is that we sell bitcoin because of need and because of the desire to buy goods.

[cajuelan]

In my experience i only sell bitcoins if needed urgently but most of the time I just holding it.

[edzquimno16]

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.

Hello mate , Many people sell their BTC if the BTC price is high, Maybe you said that in your place they sell its because they bought that token in low price then sell it with profit because the price is high.
After they sell their bitcoin they will also buy after the price will go down then sell it for fast money circulation.
Hope this helps !

[Boristhecat]

If money is needed temporarily, then in order not to lose money on the payment for transactions it is more profitable to take Fiat on bail, and then return it with interest. This is real of course if the creditor and the borrower are registered on the same exchange.

[BlasterS]

The concept of selling securities in public or private transactions is all about to obtain more profit through putting commission or mark-up cost.
This activity is just the same of selling the stocks or shares in the public or world trade market. It is a great this since it will increase your earnings and make it more valuable.

[emberbekas]

People sell their bitcoin for several reasons. Sudden needs can be the most common reasons. In addition, people sell bitcoins because their short-term targets have been met. They wait for the price to drop a few points to start buying bitcoin again with their new plans.

[s.mahmood]

If I ask,why people buy bitcoin? Answer is easy,people buy bitcoin for profit. Same as when bitcoin reach to profitable stage than people sell their bitcoon.On the other side when people need money than they sell bitcoin.r

[zhukovt34]

Smart crypto people are selling their highly valued BTC coins when are investing in some altcoins that have good projects with road maps, great ideas, succesfull community, social final touch, altcoins that are doomed to succeed.

[Karie_Legend]

Smart crypto people are selling their highly valued BTC coins when are investing in some altcoins that have good projects with road maps, great ideas, succesfull community, social final touch, altcoins that are doomed to succeed.

It can happen because they believe with altcoins that have potential in the future.

[Cootie]

It is because bitcoin can't buy certain products and services that a human use in daily lives. Many places are still not knowledgeable about the existence of bitcoin or not introduced to bitcoin. In result they will not patronize bitcoin or get interested to that. So in order to transact with them, you have to use fiat.

[aannnttoo]

i think he playing short and now time to taking profit and want to make use of the bitcoin in their day to day life.  it's normal, bitcoin still good for long investment

[onemoretime8520]

Well btc is an investment and if you have reached your targets of profit it is normal to sell it or if you just need money to survive or for anything else why to not sell?

[$$$sparkles$$$]

To get their profit of course. People who sell their bitcoins are those who have gained huge profit and so they chose to sell. But isn't this the whole idea of trading? We buy and sell right? We can't just simply hold forever.

[motoprose]

Smart crypto people are selling their highly valued BTC coins when are investing in some altcoins that have good projects with road maps, great ideas, succesfull community, social final touch, altcoins that are doomed to succeed.

It can happen because they believe with altcoins that have potential in the future.

It does seem to be all about the alt coins now.

With bitcoin price going below to $14,700 right now, the alts don't seem to have noticed and not affected in their prices in the slightest.

[MathGame]

I think people only sell bitcoins when they need money. No one can sell bitcoin for fun these days.

[ghost07]

Its maybe they see a big dump of bitcoin or maybe they need money now maybe they need it to pay their bills. They will not sell bitcoin if they not need it because bitcoin has lot of potential thats why we need to hodl all the bitcoin to earn more money.