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Author Topic: Why people sell bitcoins?  (Read 9878 times)
imstillthebest
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January 09, 2018, 04:11:21 AM
 #981

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. ​

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People do sell their bitcoins, i think because that is the time they prefer to see if their investments are growing
you can still see whether your investment is growing or not by just looking directly at your available balance in your bitcoin wallet or account.  you dont need to sell them just to see your improvements rather you may only sell them if you trully need the cash to spend it on something important or valueable things.



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Of course, they sell, considering higher price of bitcoins in the market
majority of people especially die hard hodlers are infact arent selling their coins even if the price or current value of bitcoin has pumped drastically on its full peak because most of them are still prefer to hold as long as possible in order for them to earn much more income as the time goes by.

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Because the higher the price, the higher profit could get.
yes indeed but for only those who have it or invested on bitcoin.
Al Amin
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January 09, 2018, 04:16:26 AM
 #982

Why do people sell bitcoin, perhaps because they need money for their necessities and when they sell, it's likely that the bitcoin price goes up, so they feel they've gotten a profit

Jet Kolet
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January 09, 2018, 04:30:42 AM
 #983

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 


yes, that possibility could have happened because every human thinking to sell bitcoin is different. and I think someone sells bitcoin in because it is in need of funds.

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rodgelampis
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January 09, 2018, 04:33:01 AM
 #984

They sell their bitcoin because they need money and they sell it.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.And they sell 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.
joshua05
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January 09, 2018, 04:43:28 AM
 #985

of course this time, the bitcoin price is high, now you should sell bitcoins to make your profits bigger, so I prefer to sell if its price is high, rather than keep it for a long time

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nextcrypto2401
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January 09, 2018, 04:44:24 AM
 #986

when u have desire target to earn u sell the coin when u see feasibility popularity  to invest in coin
onedefo
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January 09, 2018, 04:48:46 AM
 #987

Bitcoin is an ideal investment, but it can not be a substitute for legal tender, and when you need it, you still have to change it.
raypinch
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January 09, 2018, 04:52:02 AM
 #988

Really depends at what you do for living now, if bitcoin is your primary investment but at the same time you have steady  other income, you can stick to bitcoin , but other just need money , so they withdraw bitcoin  Smiley
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January 09, 2018, 04:55:31 AM
 #989

in my country there is no ban for bitcoin. But, many people say bitcoin is forbidden. But for me not. Bitcoin is very profitable
White32
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January 09, 2018, 05:11:37 AM
 #990

People sell their bitcoin when it comes the price is in high value, to make it money and use for important expenses. Also when their bitcoin is more than enough to store in their wallet.

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Ryanpaul80
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January 09, 2018, 05:24:56 AM
 #991

Why people sell bitcoins? To make a cash bitcoin price is getting bigger and bigger and to earn money you have to sell bitcoins because bitcoin is money $ Smiley people want to sell bitcoin for expenses but i sell bitcoin for my family to buy what they needed
BitNotByte
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January 09, 2018, 05:38:53 AM
 #992

it is for safety i think? if the bitcoins value is suddenly decreasing, wouldn't you sell yours? I think they are selling it for the sake of the safety of their investment and then after the bitcoin is stabilizing. they would again buy and keep it

Hedvigknows
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January 09, 2018, 05:40:56 AM
 #993

Wanna make money ? All people are greedy if the see a chance to make money they do that. That's exactly what happens with bitcoin.
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January 09, 2018, 05:51:38 AM
 #994

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.


the level of panic over the growing rumors. this is what most people sell bitcoin when something happens. so in essence it all depends on the state and mindset of a person, the extent to which they have assessed, studied and analyzed.

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echo11
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January 09, 2018, 06:08:49 AM
 #995

for me they sell bitcoins because of it's price, but sometime's they sell bitcoins because they need it for their financial, because only bitcoin can help them fast for their needed.
emondot
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January 09, 2018, 06:16:44 AM
 #996

because most of them do not know much about bitcoin, with expensive transaction costs, because it doubles every three months. In addition, the process for confirming bitcoin transactions lasts an average of about 4.5 hours today. The reason, there are limitations in the network.
dboy3225
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January 09, 2018, 06:17:43 AM
 #997

Nowadays, Bitcoin is an important currency in the world. Bitcoin got legitimacy in almost all countries except in some countries. The use of bitcoin has woken up a lot throughout the people.Bitcoin's price has increased so much so that people are selling bitcoin.
kokobaba880
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January 09, 2018, 06:19:40 AM
 #998

People sell bitcoin because they need money or we can say that bitcoin is the good source for them they may shift to other altcoin as well. The real fact is those who love bitcoin they use this trading and investment and those who have to fulfill their needs they sell bitcoin to receive some profit over that. All the crypto currency like bitcoin and altcoin are profitable for the future.

cryptoislove
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January 09, 2018, 06:25:11 AM
 #999

Bitcoin is an investment people do invest it and if they need the investment back they sale it sometime with profit sometime with loss, they sale it to gain more bitcoin cause the bitcoin rate fluctuate. 
micky mou
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January 09, 2018, 06:28:23 AM
 #1000

sell bitcoin coz you got ur profit
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