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Author Topic: Why people sell bitcoins?  (Read 9881 times)
skyflakes88
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January 19, 2018, 10:16:18 PM
 #1281

you cannot stop them its their decision to sell bitcoin they have their reasons.

maybe they are losing hope for bitcoin's future they started to doubt its potential and withdrew their money to start a business which they can feel secure because its tangible and they can manage its operations.

the other reason is because they just really need the money to satisfy their need like basic need food shelter education for their kids and the like or it is really really emergency that bitcoin is their last hope.

teejaymuna
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January 19, 2018, 10:37:21 PM
 #1282

People sell their bitcoin for two main reasons. First because they need money to sort out issues. This is the main reason people sell bitcoin. The second reason is because of panic. When there is a negative news about bitcoin, lots of people rush to sell of their bitcoin as soon as possible .
lamjed
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January 19, 2018, 10:53:00 PM
 #1283

Well i do not know if all people are selling bitcoin for the same reason but i am sur that the majority of them are selling because of the low price of it. bitcoin now is in a very bad situation and going down fastly.
Jim-crypto
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January 19, 2018, 10:56:49 PM
 #1284

I really don't know Undecided... Just hold your shit and everything will be alright
DomainTorrent
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January 19, 2018, 11:11:27 PM
 #1285

When you talk about selling, you need something in return. And when one sells bitcoins, naturally the one thing that props up in mind is because he needs money. Money to be used for personal or for business purposes. Selling is just one part of making business in bitcoin. Buying is another thing and earning is also another way of raising bitcoins. You can't hold your bitcoins forever. At one point in time, people sell bitcoins because it's the life cycle of business.
Tama21
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January 19, 2018, 11:20:36 PM
 #1286

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 because they sell the coins to get some sort of fiat and need money to buy things that they need everyday
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January 19, 2018, 11:24:33 PM
 #1287

People do sell bitcoin due to maybe being in a panic or hype or some crazy stuffs go into his head reason why he sold his bitcoins or maybe he just want to converts it to cash

 
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gabbiee
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January 19, 2018, 11:30:27 PM
 #1288

People do sell bitcoin due to maybe being in a panic or hype or some crazy stuffs go into his head reason why he sold his bitcoins or maybe he just want to converts it to cash
Everyone has their own reason to sell their coins. A lot of people sells it because they need money to sustain their needs and to pay some bills. But they also keep some of their coins for investment, waiting for the price of bitcoin to grow in a even higher state and then they're going to sell.

ryan2018
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January 19, 2018, 11:33:50 PM
 #1289

Many things can cause someone to sell the bitcoin, the first, the person has sold because they feel they have made a big profit because they bought bitcoin in 2012, the second because someone panicked due to government regulations that prohibit bitcoin transactions so that bitcoin has no prospect future  Grin
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January 19, 2018, 11:34:39 PM
 #1290

people sell their bitcoin for various reasons but one of the topmost reason is panic. whenever there is a rumuor or negative news about bitcoin, lots of bitcoin holders rush to dump their bitcoin selling it off immediately
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January 19, 2018, 11:37:36 PM
 #1291

Each of us has a different reasons why we are selling our bitcoins.  But in general,  all of us here wants to get profited or become rich in the future and some people sold their bitcoins because it is for an emergency matters.

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January 19, 2018, 11:51:37 PM
 #1292

Because most people do not realize the importance of Bitquin at a good level they want to make a little money, but if a person realizes what blinded the Bitquin for the long run no one sells Satoshi one
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January 20, 2018, 03:08:55 AM
 #1293

 I sell it because of economic needs in real life and I don't care about bitcoin prices and I always sell bitcoin in the near future.  i rarely sell my bitcoin, im saving it for my retirement.
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January 20, 2018, 04:41:09 AM
 #1294

 I sell it because of economic needs in real life and I don't care about bitcoin prices and I always sell bitcoin in the near future.  i rarely sell my bitcoin, im saving it for my retirement.
ethan9990
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January 20, 2018, 04:49:43 AM
 #1295

 They want to earn profit so they can provide again another bitcoin second time around. When bitcoin price is high maybe after several all-time highs, people has the tendency to sell it to make profit.
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January 20, 2018, 04:51:59 AM
 #1296

It depends from individual to individual. May be someone have some emergency need of money. Or may be the individual getting the good profit. SO there can be many reasons of selling the bitcoins.

willliamjames
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January 20, 2018, 04:54:05 AM
 #1297

people are playing bitcoin to earn money from it.when the price is incresed , people are selling it to get a good profit. if they play bitcoin already from the old and intend to withdraw the profit he gets and some are selling bitcoin for those who are and are in dire need of money then they will definitely sell some bitcoin he has .
Ozero
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January 20, 2018, 05:01:59 AM
 #1298

Since bitcoin is a digital currency, there will always be people buying and selling their bitcoins for various reasons. This is normal and normal. Another thing is if bitcoin is sold during its big fall in price. Here already there is either an extreme need, or a panic. The large volatility of bitcoin periodically excludes people with unstable mentality, panic-strikers, and simply do not believe in the possibility of bitcoin. This is also a normal and necessary process.
sudhirratra68
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January 20, 2018, 05:30:57 AM
 #1299

There are various reasons people sell their bitcoins.

1. To earn a profit when the value of bitcoin increases.
2. To avoid more loss when the value of bitcoin decreases.
2. To purchase another Crypto coins.
3. Government policies about Crypto business.
4. People may need money to meet their emergencies.
Destroyeroff98
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January 21, 2018, 05:09:50 PM
 #1300

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.
If the price rises, people usually expect the maximum increase in the price. That is, as soon as it starts to fall in price, it is immediately sold.

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