antuankek
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January 15, 2018, 11:19:08 AM |
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Because they don't belive that it wil rise, they think that 20k$ was max price, and now it will fall. However, i'm not agree
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Wintersoldier
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January 15, 2018, 11:22:23 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.
People sell their bitcoin in a case to case basis, some sell it to convert it into cash because they will use it beyond bitcoin coverage. In some cases, they sell it because their country is trying to ban some digital currency selling sites. But, remember that selling bitcoin is not bad, as long as it is continuously rolling in the market, globally.
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Wend
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January 15, 2018, 11:33:33 AM |
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People sell their bitcoin because they need money for any reason, it has a huge value and thats why people sell their bitcoin for their family needs or they need and investment for more profit.
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VenturaBro
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January 15, 2018, 11:35:33 AM |
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because value of money is tied in to ability to give u access to greater range of things, and bitcoin does provide quite a niche safety net for a huge number of people who like to keep parts of their existence private. for examle the potential it gives to leave a country and take your money with u having memorized just a string of letters. so it might not be such a bad thing if prices drop in your country naturally, because that might mean people would like to stay
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Laghertha
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January 15, 2018, 11:41:47 AM |
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Usually Bitcoin are selled for an investiment. Example, if you create a website for another person, you are selling you’re website and this client will pay you with bitcoin
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boksoon
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January 15, 2018, 12:01:17 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 who are going to sell their bitcoin because they will enjoy the big profit. The mine set of all Bitcoiner is to earn enough money for the future of family. While the government does not yet enter the game of bitcoin we just really full support of bitcoin and we are all the benefits of Large Price Value of Bitcoin
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seoincorporation
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January 15, 2018, 05:37:37 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.
Well, in my opinion, thats depends on the person: - People who use BTC as an investment, they buy bitcoin when the prices suits and then sell them in order to get more money and so. - People who works in the network and get paid in BTC. If they need cash, of course they will be in the need of sending their bitcoins! (as on any other work) - People who spend money on btc, then get afraid because they are losing money so it begins a “panic selling”. - People who just need cash… - Because your country is starting some legal discussions about btc and you can’t pronostique anything good… - So they get more BTC…etc In short, it depends on the kind of person, why he/she has BTC, and on the country you live…
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webdevmastery
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January 15, 2018, 05:41:13 PM |
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I sell my bitcoins when i alreade have the desired profit ! Most of the time I sell it when the downtrends has already started in the market ! when the market is cheap I'll buy mote bitcoins and sell it again some time in the future when I already hit the desired profit and they cycle just continue
Everyone is always waiting for the best price to come out in the market and because of that, more and more people are holding their coin, this kind of mentality of every people is affecting the market. The demand is increasing which leads to the value of bitcoins to increase further in the market.
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Marrionbitcoin
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January 15, 2018, 05:48:56 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.
It's because they don't want to incurr more losses so they try to avoid it and withdraw. My suggestion is that, don't be discourage when Bitcoin have many dips this month, but instead we better to buy additional investments in Bitcoin because the price is lower than before. This is the best time to buy since the price is lower and hold for a longer period of time then once you have reached your the desired income that's the time to sell it.
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LorenoCoin
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January 15, 2018, 05:53:08 PM |
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because bitcoin goes through a period where it almost does not go down or up, then people prefer to invest in other altcoins that do give them the possibility of earning more money.
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DuaLipa
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January 15, 2018, 05:55:00 PM |
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I sell my bitcoins when i alreade have the desired profit ! Most of the time I sell it when the downtrends has already started in the market ! when the market is cheap I'll buy mote bitcoins and sell it again some time in the future when I already hit the desired profit and they cycle just continue
Everyone is always waiting for the best price to come out in the market and because of that, more and more people are holding their coin, this kind of mentality of every people is affecting the market. The demand is increasing which leads to the value of bitcoins to increase further in the market. They sometimes want to cash out but they can't do this because they don't have exchange accounts, then they spend bitcoin.
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carrymem79
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January 15, 2018, 06:02:49 PM |
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They sell bitcoins because they already reached their desired gain. When they bought bitcoin in a lower price and theres a sudden increase to the price then thats the time they will decide to sell. An immediate income that can support their needs.
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lazaretraft
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January 15, 2018, 06:22:54 PM |
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The answer is quite simple. That is because if they sell their bitcoin, they will gain income from it since the value might be higher than when they initially bought it.
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Renu kapoor
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January 16, 2018, 03:34:51 AM |
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It dependes on the personal needs of a person that he sells the bitcoin, otherwise one should keeps it for further profit in the future and more gain.It is gainful not painful.
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cl37007
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January 16, 2018, 03:49:10 AM |
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People sell Bitcoin to make profit. Traders buy and sell as the price swings. Whales sell what they paid virtually nothing for at a huge profit. People who got in later sell for smaller profits. Those who believe the FUD sell at a loss
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batang_bitcoin
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January 16, 2018, 03:59:22 AM |
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The answer is quite simple. That is because if they sell their bitcoin, they will gain income from it since the value might be higher than when they initially bought it.
Not only the very reason why we are selling our bitcoins. Let's get done with the profit, those other sellers are just selling because they are panicking. Just like what happened, the price seems to go down and there are too many holders that are starting to cut their losses and selling it off. They sell bitcoins because they already reached their desired gain.
Profit taking, profit is profit no matter how high you've seen bitcoin before but if you have gained already it's a good time to sell.
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kevinZD
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January 16, 2018, 04:09:04 AM |
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We all know that people is waiting for the best price, but it depends on their decision. some people sell their bitcoin for more money, they bought bitcoin when it's low price, and sell their bitcoin when it's high price. Some people holds their bitcoin for their future needs and wants. But we need to be wiser by selling our bitcoin.
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QWURUTTI
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January 16, 2018, 04:10:32 AM |
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there are several factors why you sell bitcoin, that is because bitcoin prices are rising then you sell the bitcoin you have in order to get a lot of profit and you can buy it back when bitcoin prices start to fall. there is also a reason why you are selling bitcoin to meet the economic needs for everyday life as most people participate in this bitcoin to earn more income in order to improve the economy in his life Wink.
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Ryan1212
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January 16, 2018, 04:33:40 AM |
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There are so many ways why people sell their bitcoin. So people have to need why their sell bitcoin because they have to pay for billing or shopping and many and as now the bitcoin price is so high and it has reached $ 10000 and many of those who bitcoiners are happy especially those investors, and bitcoin holders.
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btccointalk
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January 16, 2018, 04:56:27 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 to make profit. As the price of the bitcoins fluctuates , people buy it when the price is low and as soon as the price rise , they sell it get profit.
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