Why people sell bitcoins?

[mariah.sadio]

I think you just have to make sure that when you use Bitcoin in your country you should be safe, or hide it so that there is no problem for you to be solved. In my case, since Bitcoin is not yet recognized by our government, we use it in earning profits through buying it na selling it, it is just a matter of time on when you will buy Bitcoin and when you will sell it. People sell bitcoins for them to make their money grow. I bought an amount of Bitcoin in 2016, as we all know that bitcoin's price that time was just I think 10% amount of its value now, so what I did was I sold it already and am waiting for an opportunity where its value goes down again so that I can buy it again and hold the amount I bought and sell it.

[2ballsfrog]

People are scared of losing the few they have.

[Sahabat_]

People are scared of losing the few they have.

losing bitcoin does make us down and do not want to linger to hold Bitcoin because it was ,,, because I also experienced something like losing bitcoin then I often make sales quickly so as not to lose again but then I why should I sell it I'd rather stick with it because losing is a risk

[reymartH]

This is the short term strategy made by some of the bitcon investor.  Buy Bitcoin and then hold on to it, waiting for it to increase in value. When it reaches a price you feel comfortable with, you can then sell it and then pocket the profit.

[icaica22]

Of course people sell bitcoin to make a profit and then if the price goes down again, they can buy another bitcoin and then they will survive until the price goes back up ..

[ZainSpider]

Well the only two reasons come in mind is they use it for trading, and the second is to cashing out into fiat currency to fulfill thr needs.

[tegarp90]

the perfect answer of this question is.. because they will buy in lower price and get profit for doing this.

[leonora galvan]

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.

of course they will sell there bitcoins for good maybe, but i would rather advise them that they should be careful in selling there bitcoins.they must be practical in thinking for what they are doing specially now bitcoin is getting higher and higher so be wise on it.

[Bes19]

We haveour own reasons why  we sell our bitcoin. I invested on bitcoin a year ago and i already withdraw some of my investment for a personal reason. Some have their own goal of profit and they will withdraw their investment when they reach their goal.

[Cherylstar86]

the perfect answer of this question is.. because they will buy in lower price and get profit for doing this.

There are many reasons why people sell their bitcoins. First, maybe it's because they need physical money for their daily financial needs.Second, they sell bitcoin for business purposes. They will sell theirs in higher price and buy bitcoin in lower price for profit. Lastly, it could be that they are on panic  that the exchange price would fall so they will sell it immediately.

[mkmittalg]

Depends on why he was purchased. If for investment, you can hold and wait for the price increase, while of course you can sell a part. If only for the purpose of earning, then buy-sell on an ongoing basis.Because we use bitcoin as invest method or buy must we not buy bitcoin because we love it 

[uinu]

Why sell bitcoin? This is a good question, sometimes because people are in desperate need of money, so selling bitcoin to tackle immediate dilemmas, or because of falling market prices or a bear market, is hurrying to sell bitcoin.

[Asawakobana2017]

it's all depend's on your situation totally if need money i will sell it and if i am getting high profit in bitcoin in that case also will sell some people are keeping long time it and waiting for the good profit so i will keep selling.

This might be the reason why people selling bitcoin because they need money for daily need. This is the best way and most efficient way to earn money. By selling bitcoins

[vv181]

The lack of acceptance in Bitcoin in the payment processors could be the problem, it makes people convert their Bitcoin first to be able to spend it. I hope in the future many merchants are available for Bitcoin payments.

[henglibr]

1 - Trading
2 - To take out profit
3 - To change the money to FIAT when necessary

Not everybody can just hold and wait BTC to reach 100k USD.

[Dapper]

Everyone has a different profit target.   

[Asusnumbaone]

Well selling bitcoin for a greater profit or to earn a profit is good. Bitcoin is investment that is why we sellnour bitcoin at a higher price otherwise keep it and wait for the price to increase again.

[Adolf Cryptler]

If you go to the baker and want to buy bread, he probably will not take Bitcoins. This is why in the end people have to change to FIAT their Bitcoins at some point.

[MrCrank]

People sell bitcoin because price is good now.
I don't think that need do it..
I hold my BTC and don't want sell

[Silvermist]

People do sell their bitcoins, i think because that is the time they prefer to see if their investments are growing and they could earn profits out of it. Of course, they sell, considering higher price of bitcoins in the market. Because the higher the price, the higher profit could get. ​