Why people sell bitcoins?

[wahyu.prist]

Because of the significant selling value and many enthusiasts so many are interested in investing in bitcoin so that its value is getting better and improve economic improvement. Thanks #CMIIW

[nicko122]

I think many people sells bitcoins from time to time, there is not always an opportunity to store them, because you sometimes need cash, and while there are so few where you can pay by bitcoins.

[keeee]

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 in order for them to have money. Most of the people who knew bitcoin well just hold their bitcoin and wait for a long time or a perfect time to sell all of it because the price of bitcoin increases as time goes by. The longer you hold your bitcoin, the larger profit you can get to it. Bitcoin also experiences crashes but dont worry, bitcoin will always get back on track and continue to increase its price again.

[smile1218]

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 two types why people sell bitcoin its either they had earned from investment or they panic and they cannot control their emotion specially when the coins flactuates very low.

[mochisamichi]

When price of bitcoin is downfall and a few country, the goverment decided to ban bitcoin.  you are risk-averse or have pressing financial needs. It also makes sense to sell some of your bitcoin if you don't want to wait years for a potentially massive payoff.

[Harrow30]

People have different reasons for selling bitcoins. A lot are difinitely trading theirs and we can actually see the number in circulation. I have some crumbs of it which I only use to monitor its price fluctuations. Aside this I will rather sell off and make my fiat value.

[haroldforgan]

When the value of bitcoin is low, people tend to buy bitcoin. When the value price is high, they will sell it.they hope to get double profit and when bitcoin reach high platform people sell them.

[Stac]

People buy and sell bitcoins according each persons interest and financial status, now the price of bitcoins has  surpassed above $ 10000 which is not a small amount or not affordable for a normal person to get one bitcoin in hand but it was easy to get one bitcoin in the early stages of bitcoin technology. In the beginning of 2017 the value of bitcoins was less than $ 1000 USD and by  year ending the price has surpassed $ 17000 now there is a slight dip in the market and the best time to buy bitcoins as there are still chances for the bitcoins to increase its price. All the user's think differently the early user's of bitcoins are millionaires of now, people sell bitcoins when there is a need of money or any finances. What if all the user's buy bitcoins and hold it for themselves and no one is ready to sell them, in such a situation the bitcoin network will not work and the prices will come down.

[argiyan.tri]

they are too panicky about the current negative issues, while they do not know what is really going on. as if they were being fooled.

[Sanchit]

Most of the people sell bitcoin basically to earn huge profits. They invest in Bitcoin when they are comfortable with the price and at the right time they sell them to get their invested money back with the increased price. Some people panic when the price decreases and think that it will not rise in future due to which they sell Bitcoin at low rate. But they need to be patient and let the price to go up as these fluctuations are normal.

[Lyd]

It is ideal to manage to keep your bitcoin as a long term investment but people are human and they get scared when someone starts to sell so they sell it also

[knoxshaan]

One of the reasons could be a person who mindlessly bought too late , realise it might be the end of a bubble , better be safe he might think. There many reasons that people selling Bitcoins.

[oppochain]

Because bitcoin is still an investment tool at present, it has not been accepted by all countries. Now there are still many countries that prohibit it. Therefore, bitcoin can not be used in real life. To make bitcoin valuable, it can only be sold it.

[Geoll29]

There are many reasons why people sell bitcoins. Maybe because they are losing money fast and they want to withdraw what's left right away just to avoid bigger loses which I think is not right. Some are cautious that when they already earned they make sure that they won't lose that money again. Some sells because they want to feel the joy of spending the money they have earned.

[mohammed0102]

 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..

[albos]

They sell the bitcoins to buy more... Its called daily trade.

[Paopao]

there are two reasons for the first time when you need to buy something so you can sell it and both investors sell bitcoin because they buy bitcoin at a low price then they hold it and when the price is high then they sell bitcoin. because giving them a profit like now a few days many people sell bitcoin I also sell bitcoin to get a good profit from it and this time the profit is very high.

[FARid211]

we know..everyone needs profit...we bye and sell bitcoin to make more profit... sometime holding may occur lose... we can say it is a trade....when the prize is less buy more bitcoin and when the prize is high just sell it.

[Javed zaman]

Bitcoin is type of investment and when the money invested is needed urgently or one see a growth in its value, its better to sell it rather than to wait more.

[siddu67]

bitcoin is an online based cryptocurrency.It's price is always being changed and most of the time it's price is increasing.That's why people who had hold bitcoin and still holding bitcoin they sell bitcoin when the price of bitcoin come upto their desire level.