Why people sell bitcoins?

[futuristic18]

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 because they invested for making profits. Today, Bitcoin is seeing all time high prices and its the right time for the investors to earn major profit on their investments.

[heninur]

Many reasons why somebody sells bitcoin ..
1. To gain profit
2. Worry when bitcoin prices go down
3. Because there is a sudden need and no money anymore except money made bitcoin
Incidentally I used to sell bitcoin that I have because there is a sudden need

[superjeyy]

Although it defeats the purpose of cryptocurrency which should be used as it is and not sold anymore for fiat, I do believe that people would sell or have their Bitcoin converted to fiat due to the fact that the availability of outlets where Bitcoin can be used in their area is bery minimal. Here in the Philippines, the knowledge towards cryptocurrency is not yet appropriately established which is why Bitcoin does not have any value. For Bitcoin to be used to supply our needs, we need to have it converted.

[keesh]

People sell bitcoin to gain more. This is what you call trading. You buy it when its value is low and then you sell it when its value rises.

[nebuch]

Yes probably it depends to country's decision to banned or embrace bitcoin. When the country is against bitcoin how to hold the coin if your country banned bitcoin. So the right things to do is to sell it thinking that you couldn't have gain in bitcoin someday. The rush sell will be arrange by you to think you are in the time to choose whether you hold it and gain nothing or sell it to have a profit. But I think you can still hold bitcoin when times come you go and make some travel to other country you can sell it there in the right time that you fill you can have a big profit.

[satria2]

Many reasons why somebody sells bitcoin ..
1. To gain profit
2. Worry when bitcoin prices go down
3. Because there is a sudden need and no money anymore except money made bitcoin
Incidentally I used to sell bitcoin that I have because there is a sudden need

These are some of the reasons why some people sell their Bitcoin at the moment.

[buggy]

People sell bitcoins because they need money to sustain their daily needs and whatever reasons they have that's why they are going to sell. The only reason why people join bitcoin is that to help them out from financial difficulties.

[abhishek273b]

 :)of course people sell bitcoin to make profit and then if the price is down again, they can buy another bitcoin and then they will hold until the price is back increase. this conditions will be repeat over and over. no matter if the price is at the higher price, as long as there is difference for the buy and sell, people will used this chance to make profit. but for a bag holder, they don't do this and they only buy once and waiting until they see the price is increase so high then they will sell it.

[Inn0vative1]

People hold Bitcoin due the the potential for growth in value. But what good is having value in Bitcoin if you can not sell it for physical items in the real world?

[Hmei777]

everyone has different reasons why they sell their btc.

[Hmei777]

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.

yes if you need money, you can sell the bitcoin you have to meet the needs.

[malah]

people have different needs and they sell bitcoins they may already have a profit and want to use a profit for their needs

[Majharul Saiif]

It is very difficult question. But I think that it generally depends on their mind or need who sells Bitcoin.If their any need,they will sell their Btc to fulfill their need.

[Makingmoney2018]

Some people prefer to sell bitcoin because they need money very badly and there is no other choice rather than to sell them that's why they sell their bitcoins instead of keeping them for future use. Selling bitcoin means operating as a currency exchange which includes electronic media, money or currency.

[Marry Finch]

I myself am trying to buy bitcoins and alternative currencies on all the falls.
The current market of bitcoins is extremely volatile. Fear, uncertainty and doubt all too often emerge in the community of miners. If they even have a hint that bitcoins can become illegal, that they can be hacked, infected with a virus or somehow damaged the system, the price will fall catastrophically, because people in a panic will want to sell them as much as possible.
 People will sell bitcoins without hesitation if they lose faith in them.

[TOTOARRO]

the motivation behind why you need to pick up bitcoin in light of the fact that you need to procure cash. Indeed, bitcoin is a money, however it is advanced. Many individuals are picking up bitcoin in light of the fact that they need to profit, by offering bitcoin you can acquire money, and in the wake of getting the cash, they will utilize it to pay the bills, purchase the things they need and some more. That is the fundamental motivation behind why individuals are offering bitcoin, in an agreeable clarification they simply pitch it to make some benefit.

[jak3]

Many countries suffered through the corruptions that's because their governments do not support for Bitcoin community but anyway if you want you to invest in Bitcoin then you can go for the passive earning methods if you have any skills you can invest that time too and some money. People like to sell the coin because they are scared about the market they can sell their coins and get the faint money but they can hold keep the money in private keys and can return them after 5 years or so. That's an even government bank cannot track them down.

[jayhawk1]

I agree with this. People sell their bitcoin when they need to spend it to meet one need or the other, selling it is the profit of what they have earned. And the main purpose of dealing it,is to earn at the end .people are selling bitcoins now because they think the price is already skyrocketed and there is going to be a crash.

Yeah! Everyone has their own reasons for selling off their bitcoin. There are maximum people who sell off bitcoin only when they are in need of money on urgent basis because everyone knows that selling off bitcoin means losing an opportunity of becoming rich in the future.

Well I am not in favor of selling off bitcoin for celebrating New Year etc. because these things are temporary and are not capable of generating any profit in the long run.

[bright4mech]

Btc investors are great business, btc is a crypto-currency and acceptable all over the world, for digital transaction, as long the is in market, is simply means buying and selling and continue process, any time you go to market is always be available, but only value changes...

[indog]

maybe the person is in need of money, so instead of holding back who did not know how long, better he sold it .., and maybe also bitcoin prices are rising.