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Author Topic: Why people sell bitcoins?  (Read 9881 times)
Wayan_Pedjeng
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January 31, 2018, 05:18:45 PM
 #1421

Personally, I have never sold any of my coins. It may be because I have less than 1 BTC in my wallet. But it is perfectly understandable if someone sells a part of his stash. Look at the prices. They are too volatile and there is no guarantee that they will remain high forever.
sajjad.uc
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January 31, 2018, 05:21:09 PM
 #1422

People sell bitcoin to have some good profit. Bitcoin is a source of investment. People buy bitcoin, hold it for a calculated period of time, after rising price, they sell it. Suppose, for example, if you buy 1 bitcoin for 1000 USD, and after holding sometimes, you find out that your bitcoin price is now 4000 USD. So you can sell it and have your investment 4x bigger  Cheesy  

Zilonglong.bucks
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January 31, 2018, 05:27:57 PM
 #1423

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 to be honest the reason why  people worldwide selling btc is because they need money, to be honest most of them are selling because they need the money badly, there's no harm on selling btc nowadays, if they want to keep it they will keep it. But if not, they will surely sell it. Selling btc right now is worldwide and it authorizing by some government and legal companies. Bitcoin price is good and money matters.
drfugazi
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January 31, 2018, 11:17:15 PM
 #1424

Realities nowadays are that you can hardly buy smth with bitcoin. If i had my way, I’d never sell my bitcoin, because I know that they will grow, but the truth is that I need to sell them once in a while just to make my living.
Lare linglung
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January 31, 2018, 11:23:17 PM
 #1425

why someone sells bitcoin, maybe because they see high bitcoin selling price and they already get more profit so they sell bitcoin.

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BlackBeauty
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January 31, 2018, 11:24:32 PM
 #1426

Realities nowadays are that you can hardly buy smth with bitcoin. If i had my way, I’d never sell my bitcoin, because I know that they will grow, but the truth is that I need to sell them once in a while just to make my living.

Yes that's the point that people sell their bitcoin because need to its payment and their life want to many facilities, that's why they sell their bitcoin but they want to some bitcoin for investment because they know it will very beneficial for their future and i think they will invest.
emirkalyoncu
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January 31, 2018, 11:26:38 PM
 #1427

I just dont understand people who sell bitcoins you guys are the reason we are goin down
Razo123
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January 31, 2018, 11:31:52 PM
 #1428

People sell bitcoins because they can eafn a profit by doing so. They sell it because the bitcoin price is high enough. Some investors after they sell their bitcoin, they will buy again bitcoin once the price becomes low and sell it again when the price rises. It is a continuous cycle.
thet
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January 31, 2018, 11:38:05 PM
 #1429

Most of the time people sell because they get panic when the market goes in the red mark and all are down.  Some sell because they need it,  same with me,  I do some selling when I am in need of money.

Ponzi Shame
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January 31, 2018, 11:42:03 PM
 #1430

Some people sell bitcoin when the price of it is high and then when the price get low, they will buy a lot. After it, they will wait for the price again to rise and then sell it again. Some sort of strategy to become wealthy in this.
h55
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January 31, 2018, 11:51:49 PM
 #1431

I think. people understand the main value of BTC now. BTC is so expensive now! 1 BTC for 10000$? I think very expensive and the main value of BTC is less than 1000$.
Theo222
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January 31, 2018, 11:55:33 PM
 #1432

If they sell all their bitcoin i think they need money urgent thats why they dump all their bitcoin. One thing also if bitcoin pump so high they will sell all bitcoin because they already receives profit.
john_nautica
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January 31, 2018, 11:56:46 PM
 #1433

someone sells bitcoin because there are two things. first, they are exposed to panic sell because bitcoin decreases. secondly, they already get profit from bitcoin and maybe they see the market has a high price so they sell bitcoin.

Apes
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February 01, 2018, 12:01:12 AM
 #1434

Maybe because there is a need or need to be overcome and must sell bitcoin .. because we are in bitcoin to help the needs and anything we need and the solution is bitcoin .. bitcoin is very helpful for those who need help and whatever it is  Kiss
iwishicouldfly
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February 01, 2018, 12:18:17 AM
 #1435

This is actually the easiest question ever to answer, to make money.  Until you've cashed out there's not much you can do with bitcoin, everyone will want to draw profits at some point.  You just want to make sure to do it before others do. 

How many people actually look at the satoshi price and think, "yeah baby, bitcoin is outperforming ETH!".  How many people look at bitcoin and think WOW BITCOIN WENT TO $20k USD!  Almost everyone.  Nobody wants the satoshi gains they want the USD because it's a usable currency.
Erza
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February 01, 2018, 12:19:17 AM
 #1436

Realities nowadays are that you can hardly buy smth with bitcoin. If i had my way, I’d never sell my bitcoin, because I know that they will grow, but the truth is that I need to sell them once in a while just to make my living.

Yes that's the point that people sell their bitcoin because need to its payment and their life want to many facilities, that's why they sell their bitcoin but they want to some bitcoin for investment because they know it will very beneficial for their future and i think they will invest.

Buying and selling is common things that you do to earn money, not just you can convert it to your own fiat to pay your payment bills or everything but you selling it because you want to get some profit. And with that profit you are going to buy again in a lower tier to have more profit, keep doing this again and again will get you more and more profit
The point of selling is actually not just because of payment but still people nees to grow their capital to earn more so they can pay nore bills
mir1127
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February 01, 2018, 07:25:11 AM
 #1437

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,some people sell bitcoin when the price of it is high and then when the price get low, they will buy a lot. After it, they will wait for the price again to rise and then sell it again,The price of bitcoin can be increased or decreased all the time, we can't predict when it increased or decreased. So for me, I'll sell them when I got minimum 30% profits from the price when I buy them. Because I'm affraid the price decreased if I kept them for a long time in my wallet.BTC
mir1127
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February 01, 2018, 07:25:23 AM
 #1438

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,some people sell bitcoin when the price of it is high and then when the price get low, they will buy a lot. After it, they will wait for the price again to rise and then sell it again,The price of bitcoin can be increased or decreased all the time, we can't predict when it increased or decreased. So for me, I'll sell them when I got minimum 30% profits from the price when I buy them. Because I'm affraid the price decreased if I kept them for a long time in my wallet.BTC
mkmittalg
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February 01, 2018, 08:24:14 AM
 #1439

People sell their bitcoin  because they need money or they want profits from their saved bitcoin Smiley Smiley Smiley
mattmct
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February 03, 2018, 04:20:17 PM
 #1440

people sell their bitcoin befauae they need some money. its a basic reason of selling their bitcoin into fiat money, the most popular reason because they sell is because they join the panic sell group because they afraid that the price of bitcoin is going down
Needing money is pretty much the basicest reason why people short their BITCOIN or any other cryptocurrency for cash anyway
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