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January 12, 2018, 08:38:01 PM |
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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.
People sell their bitcoin for their urgent use , it is a common thing for every person and it is a online currency so investors gets fear in sometime when the price becomes decreases , at that time they sell their bitcoin but many people invest their savings in bitcoin it tells many people trust bitcoin . Not really with urgent use. Some are just scared that they would lose more and they start to cut their losses. I've been into that feeling so I did panic but selling and panic selling as different. The usual selling is when you are satisfied with your gains and there's no panicking on it. There can be two reasons that people are selling bitcoin first one is when you want to buy things such as food or clothes and even if you want pay your bills and also for other things so you can sell bitcoin and secondly investors are selling bitcoin because they invest a lot of money here and then they keep it on hold for some time so they are waiting for right time when its price go high then they sell bitcoin because they want to take their profit.
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cybersofts
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January 12, 2018, 10:14:06 PM |
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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 they have different motivations about bitcoin that's all. Some people buy and sell bitcoin for a living (traders), while some are selling their own because they are in need of money to solve their financial problems. Lastly, some buy bitcoin to spend to feel the joy and experience.
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aji567
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January 13, 2018, 05:59:37 AM |
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Yes of course the price is high and also to meet the needs of everyday life therefore the people who sell bitcoin and invest in new coins emerging.
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Ronel Magracia
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January 13, 2018, 06:45:58 AM |
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Because bitcoin is a great currency in other goverment so they sell the bitcoin.
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Jraf95
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January 13, 2018, 06:50:00 AM |
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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.
Bitcoin is money thats why people sell also they need, as we know bitcoin is just a matter of patience so that money will more bigger in time but if time that money hardly needed so we need to sell and also people sell because maybe they find other one that needs more money that they wanted to hold.
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currencydesigner
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January 13, 2018, 07:17:31 AM |
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Maybe because its safer to not have them all stored because they can get hacked and robbed? And if they were… “Paper firmed” (somehow i readed that one can have theyr bitcoins in paper instead of wallet i dont remember how) because they can get physical robbed or wrecked too?
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PANK21
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Bounty Detective
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January 13, 2018, 07:31:29 AM |
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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 bitcoins because they earn money . It is profitable and valueable because of its high price and i think every people in the world that knows about bitcoin is now making their way to have 1 btc at least.
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zhangfeng666
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January 13, 2018, 07:41:03 AM |
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Because holding the currency is a means of investment, you don't sell the how to make a profit, the somebody else investment currency is in order to make profits, because in real life, can use special little place to COINS
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Draizzy. Aryan
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January 13, 2018, 07:49:53 AM |
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Because if they r bitcoin buy last 6 month ago then they r already now get a much better profit.
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ridwan99
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January 13, 2018, 07:51:10 AM |
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bitcoin is a digital or investment trade...people when need money and when he want high price than people sell bitcoin..
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Xw73
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January 13, 2018, 08:11:03 AM |
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The main reason why we sell bitcoin because of the common psychological needs and wants.
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Joylee
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January 13, 2018, 08:18:43 AM |
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I know there's a lot of people out there in the whole world who's hobby is to collect coins. Mostly old coins, coins from different countries etc. But bitcoin is not that thing. It's not a collectible, not yet. Therefore, people sell bitcoins to make the profit. And selling your bitcoin is a very good move if it's not legal in your country. People sell bitcoin for trading with altcoin and will get a profit from selling altcoin. And do not ignore the government, they are always greedy to anything.
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Luthfiyaaa
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January 13, 2018, 10:01:58 AM |
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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.
why do people sell bitcoin? maybe they're in need of money, or maybe when they sell bitcoins, bitcoin prices are high enough. everyone has their own reason to sell bitcoin. the same with me, in my country also banned using bitcoin, but still many are looking for bitcoin for their economic needs including me.
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dknight456
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January 13, 2018, 10:20:13 AM |
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People sell bitcoins usually because they need fiat money for their livings and for paying their bills. Otherwise the people who have high incomes from their jobs offline try to hold their bitcoins for the long term, because the price is going up quickly.
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almtu
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January 13, 2018, 11:43:25 AM |
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Btc is always wanted everyday. Btc growths by each pass years. Btc in a long keep of it will make you excited to sell it because maybe the reason is to have a high profit. But btc will growth rapidly. Without thinking that they can wait for long to wait for its high. So maybe they cannot sell it, they keep it.
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mistletoe
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January 13, 2018, 11:56:29 AM |
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There are so many reasons as to why people sell Bitcoins. It's either they need a physical money, use the money on other coins, or just to profit which is they call Buying and Selling. It is very profitable than holding a coin for a long term in my opinion.
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weblouartisan
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Lets Go Adab
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January 13, 2018, 12:03:49 PM |
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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.
There are different people who are selling bitcoins with also a different reason, The best thing to do to earn more profit is to hold your coins as much as you can, But there is always an emergency that is coming and that is the reason why people are selling coins, To earn fiat easily.
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JehanleMauvais
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January 13, 2018, 12:08:59 PM |
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They might be afraid the price will drop. There are some wise people talking about a bitcoin crisis. But as always, no one knows what will happen. Anything can. One thing that might really harm bitcoin would be government regulations.
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sailordgold
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January 13, 2018, 12:09:29 PM |
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everyone has their own reasons when they sell bitcoins, but I think those who sell bitcoin may be because they need the money for a particular purpose or feel they have benefited from the rise in bitcoin prices and some even sell bitcoin because they see the bitcoin price drop that causes they are worried they will lose more money so they sell bitcoins.
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halenephthys
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January 13, 2018, 12:10:24 PM |
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There are many reasons why users sell their bitcoin. I think those who are in need of money, sell their bitcoin for an urgent money. Also, those who are afraid that its price will crash might also sell their bitcoin to avoid loss.
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