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Author Topic: Why people sell bitcoins?  (Read 9881 times)
hiVe
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January 19, 2018, 03:43:06 PM
 #1261

I think people sell BTC because of their needs and also because of impending price fall. I sell because of pressing needs.
I think your choice is not wise. Look at the history, you can see many people who do not trust in Bitcoin, sell it too soon and they lost thousand dollars. Let's buy it again and hold it


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lani123lani
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January 19, 2018, 03:49:36 PM
 #1262

I think people sell their bitcoins because they need money, there are also people who want to benefit from investing in bitcoin

humanCNC
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January 19, 2018, 03:57:59 PM
 #1263

There are many reasons for a person to sell their bitcoin. Some person sell bitcoin because of the profit, the price of bitcoin increased higher when they invested. Some people sell their bitcoin because they lose money in bitcoin, they do not believe in bitcoin and they do not want to keep it.

Alok_Yadav
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January 19, 2018, 04:00:55 PM
 #1264

They sell btc of they also have been generated their revenues from it or they fear to loose the amount if it would fall.
Basshunter
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January 19, 2018, 04:01:58 PM
 #1265

They sell btc of they also have been generated their revenues from it or they fear to loose the amount if it would fall.
kinda the best response
joesan2012
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January 19, 2018, 04:02:13 PM
 #1266

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 people, sell their bitcoin in a sense that they want the money to be converted into fiat because they already make their investment gain profit and sometimes financial needs. But there are some that are selling bitcoin because of some manipulations happening or crisis like spreading fud regarding bitcoin, those weak hands who are panic selling just to pull out their funds because of the fud they heard. Also this consider, some also sell bitcoin because they think if they still hold their bitcoin in dumping time . they will loss their money so, they think it's better to sell than to hold. This is all just my opinion and base to what I have noticed.
SMAura
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January 19, 2018, 04:03:40 PM
 #1267

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
Some people sell their bitcoin to have money otherwise they sell it maybe because the value of bitcoin increases. But unfotunately maybe they were not comfortable in saving for investments because they were afraid to be scammed or they don't believe that they really can earn profit in bitcoin.
dvillier
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January 19, 2018, 04:11:49 PM
 #1268

Various reason there are  behind a man to offer their bitcoin. Some individual offer bitcoin due to the benefit, the cost of bitcoin expanded higher when they contributed. A few people offer their bitcoin on the grounds that they lose cash in bitcoin, they don't trust in bitcoin and they would prefer not to keep it.
zwiggel
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January 19, 2018, 04:15:14 PM
 #1269

When bitcoin increases then you should sell it for profit. There are a lot of people who invest in bitcoin at low cost and wait for bitcoin to sell it off. Bitcoin is a virtual currency that changes abnormally. It can disappear. So you should sell bitcoin when it raises prices.
lukyanli
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January 19, 2018, 05:24:08 PM
 #1270

Most of the people who are in panic sell to recover the money. These people make loss.
Ori Mid
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January 19, 2018, 05:36:45 PM
 #1271

People sell bitcoin because it is need money you can sell your bitcoin.
Kevin77
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January 19, 2018, 06:32:59 PM
 #1272

people sell bitcoin because they need money for their home to eat for. I'm just one of the bitcoin sellers I'll wait for the bitcoin to grow before I'll sell so much to my bitcoin. you will also be sold in trading for bitcoin pricing
Yes, one of the most common reason behind selling of the bitcoins is the need of money as bitcoin is not that much common so far that you can meet your daily based needs using your bitcoins. You have to convert your bitcoin into paper money first, only then you can purchase different sort of things. For that purpose, most of the owners of bitcoin sometimes sell their coins.
Wolf of Btrex
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January 19, 2018, 06:40:51 PM
 #1273

People are selling Bitcoins now because they think the price is already skyrocketed and there is going to be a crash.

I personally would say there will bea  crash soon because it is simple economics.

It doesn't make sense to keep Bitcoin right now when there is such a high price rise. The smart thing to do is sell and buy back when the price dips back down to under $10,000.
Desperaboss
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January 19, 2018, 07:16:40 PM
 #1274

Some unexperienced people (not all) have weak hands. They buy at tops and expect a run to the new ath. But then price dips and they sell because they do not want do loss all their money. This people make loss, sad but true.

Noctis Connor
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January 19, 2018, 07:22:27 PM
 #1275

Because some people cant keep and hold it anymore, but they sell it in the time that bitcoin's price is high. They want to earn profit so they can provide again another bitcoin for the second time around.
bernashka
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January 19, 2018, 07:26:37 PM
 #1276

Buys the one that wants to make money on operations with the beat (speculators, the exchange, etc.) or buy for the collection, as it is done with the altcoyins.

Another thing is who and why works with the crypto-currency, and this is mining, and earnings on forums where crypt is paid and the same trade and, of course, services in bitcoins (for example, payment for studies or replenishment of a mobile phone). Everyone has their own motivation here. Who wants to earn some money, who got into the game of excitement (incidentally earning or losing), someone to expand the circle of communication, someone is tempted by the system itself. Etc.
Basshunter
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January 19, 2018, 09:30:16 PM
 #1277

People should calm down theres no way bitcoin is gonna dissapear in a night -.- dunno why they all rush to sell
Smi
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January 19, 2018, 09:31:19 PM
 #1278

People should calm down theres no way bitcoin is gonna dissapear in a night -.- dunno why they all rush to sell
Im New to this but I have also the same reasoning
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January 19, 2018, 09:41:11 PM
 #1279

My reason is very simple is that those who have bitcoin as a necessity of life for every day such as paying bills home, school, and others
akhilsh6896
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January 19, 2018, 09:52:20 PM
 #1280

There could be many reasons such as deliberate trading, money requirement, losing interest in trading etc
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