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Author Topic: Why people sell bitcoins?  (Read 9876 times)
mwsind
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January 11, 2018, 05:15:02 PM
 #1041

because they need money bitcoin coin is good for invest money many or  people buy bitcoin for trading.
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"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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Xtinah
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January 11, 2018, 05:52:00 PM
 #1042

People sell bitcoin because we need money for use and investing in other things.... Once someone has gained u can exchange some for cash, for how long will one keep holding?
tauceramica
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January 11, 2018, 06:09:39 PM
 #1043

People sell bitcoins because they are afraid of the volatility of the bitcoin's market because they can easily make and lose money and if they think that they earned enough money for their expenses then they will just sell bitcoin without thinking about it for twice and that is the typical bitcoin user but if you are really into bitcoin then you will hold it for long term.
In my opinion Bitcoin is made for the purpose to buy and sell it. Now there are various reasons of selling BTC, many people selling means many reasons at a time. Everyone has their own reasons to sell in which I think the most recognized one is that people can hold till the time they don’t need fiat. At any time anyone needs fiat they immediately sell the Bitcoin to collect fiat. From a trader point of view the selling of Bitcoin reason will be different. The trader may sell Bitcoin to take profit from high price. Some of the people sell Bitcoin due to a panic situation in the market.

It's simply an asset and you can sell/buy it. This should be seen as usual. I see some guys are blaming those selling bitcoins. Maybe they need money, we don't know this from outside.

So never blame others for selling bitcoins.
Jltan
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January 11, 2018, 06:17:01 PM
 #1044

Just like gold, people buy bitcoin mostly of its investment value. If you bought at a low price, why wouldn't you sell it when it's high? It is called a currency because you can use it, the only time you won't sell it is when you prefer putting your asset in bitcoin rather than in the bank.

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SultanSeoTat
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January 11, 2018, 06:20:40 PM
 #1045

I think bitcoin has a great future!!! Look at it's price!!! I t is increadible!!! Smiley Smiley Smiley
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January 11, 2018, 06:27:25 PM
 #1046

I was sell bitcoin because i need money and i was convert for trading but i have bitcoin.
ankit05
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January 11, 2018, 06:36:07 PM
 #1047

I think many people investment in bitcoin. because its is smart investment and some time sell of bitcoin and gets more profit.
SpyX
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January 11, 2018, 06:41:48 PM
 #1048

Actually, I use bitcoins more as an investment than an alt money, blogchain stuff etc... I think other alts like Ethereum will make a better job that BTC for this function.

And yeah, buy btc is, again actually, a great way to improve your moneybag.  Grin
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January 11, 2018, 06:47:47 PM
 #1049

I think BTC holders easily get scared all the time and start selling at the very moment when it slightly goes down. You should be able to consider risks when you decide to hold.

Yes. The new investors really do this mistake of panic sell. But that's how you learn from losses.

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January 11, 2018, 06:57:03 PM
 #1050

If you invest on bitcoin and get the good amount of profit within short time than what you do ? i think you sell your BTC , same thing happens on other people ... and if buy sell not available on market than market fall down in a week !
cryptoquality
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January 11, 2018, 07:01:56 PM
 #1051

I think BTC holders easily get scared all the time and start selling at the very moment when it slightly goes down. You should be able to consider risks when you decide to hold.

Yes. The new investors really do this mistake of panic sell. But that's how you learn from losses.

And it continues like a domino effect. That is why it is called panic selling. It works like this; people start selling because they are in panic by being afraid that bitcoin can go lower. they sell and price drops and it causes even more panic selling.
bigbosma
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January 11, 2018, 07:26:16 PM
 #1052

In order to get benefits - it's obvious. Bitcoin is used as an investment in order to earn more money.

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January 11, 2018, 07:29:42 PM
 #1053

People sell nowadays because they but the FUD. If they won't buy the FUD, they will never panic. But what's happening is different from before that it's cause of the manipulation.

And it's also normal to sell bitcoins to see the fruit of labor.

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January 11, 2018, 07:33:08 PM
 #1054

I think BTC holders easily get scared all the time and start selling at the very moment when it slightly goes down. You should be able to consider risks when you decide to hold.

Yes. The new investors really do this mistake of panic sell. But that's how you learn from losses.

And it continues like a domino effect. That is why it is called panic selling. It works like this; people start selling because they are in panic by being afraid that bitcoin can go lower. they sell and price drops and it causes even more panic selling.
The bitcoin value is slowly going down right now and people begin to panic because they want to make the most money out of the huge pump that happened. I think that there will be a even better pump in the future so i think you should just save your bitcoin and wait for that moment to happen. Because bitcoin has gotten very popular because of how much it is worth now and a lot of company's want to make some money out of it.
bitvelk
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January 11, 2018, 07:56:27 PM
 #1055

Many people buy bitcoin in order to sell. Make a profit. And again buy some sort of crypto currency. And sell again.

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BitcoinPanther
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January 11, 2018, 08:14:55 PM
 #1056

Actually, I use bitcoins more as an investment than an alt money, blogchain stuff etc... I think other alts like Ethereum will make a better job that BTC for this function.

And yeah, buy btc is, again actually, a great way to improve your moneybag.  Grin

It is not wise to use Bitcoin as an alternative money or payment because of its very high transaction fee.  I use it as entry point to altcoin trading. 

Anyway, the reason why people are selling bitcoin is because they need money for their daily needs or another investment.  Some are just shaken when FUD roams the market, afraid that their bitcoin holding will be worthless.
mrhollis1
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January 11, 2018, 08:16:17 PM
 #1057

Why wouldn't they - it;s money, and they need it. So...
JamesR1
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January 11, 2018, 08:19:34 PM
 #1058

it is normal due to coming news since yesterday from s Korea also not to forget some people buy bitcoin at 200 - 400 $ in the recent years so it is time to collect profit after long HODL .

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January 11, 2018, 08:39:32 PM
 #1059

The main reason for earning, I think, But there are also cases when people changed their minds about keeping money in bitcoin, or they needed real money.

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January 11, 2018, 08:47:08 PM
 #1060

People sell Bitcoin for many reasons. Some sell bitcoins for their daily needs. Some sales for fullfil their dreams. Some sells because they made profits from that.
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