Why people sell bitcoins?

[guxu219]

The main reason , one would sell Bitcoins is because they do need it , they need Bitcoins for their day to day life... For most people it's a form of a job, thus you generally sell use what you earn so obviously they have to sell Bitcoins.
For some they want to invest somewhere else.
For some it's a form of easy money that they earn regularly.
There are many reasons for which one would sell .. it's not some rocket science ..think why people sell their gold.

Well a reason can be that they don’t see much potential in that cryptocurrency or BITCOIN at the time so they short it

[obinine]

people sell BTC because their high profit.

Well not everyone made money via BITCOIN like imagine the poor dudes who bought BITCOIN at the cryptocurrency peak of 19500$

[mkmittalg]

People sell their bitcoin  because they need money or they want profits from their saved bitcoin.

[RAmondragon]

Most people invest in bitcoin purely to make a quick buck rather than hold it for future as investment. Sad but true. But it is also because of these people that bitcoin thrives.

[Reyan]

This is a standard action you see in the market Price drop can happen because of two major reason. One, the physical importance of the commodity in question has reduced. two, if anything, the uses of bitcoin have only increased recently.

[Jian_Liux]

People have usually many reasons to sell their bitcoins, but nowadays the number of Bitcoin's holders increased because people tried to make money as the price go up fastly. They sell usually because they need fiat money, or to invest in other crypto currencies or ICO projects.

[NyLymZbl]

People sell bitcoin because they was panic that bitcoin will be totally down and not recover again. Many people believes about the rumours that bitcoin will be goinh to die. As you can see at the coin market, bitcoin and altcoin are at the red status so people were so afraid of loses all of their money in bitcoin.

[1BTC EQUALS 1CAR]

Because they are nothing but a couple of fake supporters. They are just there when the weather is pretty fine and cool but when the typhoon comes, they are the first to evacuate. In short, they are just experimenting if bitcoin will give them millions continuously then sell it if not like what's happening now.

[DevilSlayer]

Many people are using bitcoin for speculation. I am a cryptocurrency trader and I am using also the bitcoin for speculation for me to earn money. The reason why many people are buying and selling bitcoins is because they want to earn money by speculations.

[GDragon]

It is because of speculation that spread in bitcoin community. It result of panic to all investor. Selling without  thinking of what the consequences of it.

[Hero44]

Bitcoin is sold when profits have been made due to the rise of bitcoin. sometimes people sell their bitcoin when they need money because basically Bitcoin is money been stored or invested online. some sell there bitcoin because they want to buy other alt coins

[drfugazi]

People have usually many reasons to sell their bitcoins, but nowadays the number of Bitcoin's holders increased because people tried to make money as the price go up fastly. They sell usually because they need fiat money, or to invest in other crypto currencies or ICO projects.

[buhuchain]

People have usually many reasons to sell their bitcoins, but nowadays the number of Bitcoin's holders increased because people tried to make money as the price go up fastly. They sell usually because they need fiat money, or to invest in other crypto currencies or ICO projects.

You have a very good reason for this. Indeed, most selling bitcoin generally requires that the value of bitcoin be replaced by the legal tender of its own country because the value of bitcoin is meaningful to the holder.

[Mark Sherman]

Imagine a situation where no one wants to sell their Bitcoin. What happens? Because the supply is low and demand is high, the price of bitcoin rises. Soon enough, the price will be high enough that many people who bought bitcoins when it was cheaper will decide to sell and make money off of it. Sooner or later, it could happen that too many people are now trying to sell off their bitcoins seeing this increase in price, thereby bringing the price of bitcoin back down again. That’s when you buy it.

This is a standard action you see in the market. Price drop can happen because of two major reason. One, the physical importance of the commodity in question has reduced. We can safely assume that this is not the case for Bitcoin; if anything, the uses of Bitcoin have only increased recently. This brings us to two, because the prices of Bitcoin have been high for a while, people have started to realize that the prices are eventually only going to go down thereby selling off their bitcoins at a high value to make a profit on the bitcoins that they had bought when the price was much lower. Seasoned investors will probably once again buy more bitcoins when the prices of Bitcoin reach a low value and then hope for it to rise. Its just how the market works.

[Xbokal]

don't you wanna earn a little? buy when it's low. sell when it's high. just like buying shares on a company. try to have a profit before everything goes down

[logangbit]

many reasons, one is because they want to get their profit, another is because they want to buy cheap coin, and they sell to cause a panic selling, and another one is because they want to buy altcoin, and have more bitcoin.

[_Mikasa_]

I think people who sell bitcoins now are panicking they think that bitcoin might shutdown or the value of bitcoin will not rise again. Or maybe they want to invest in some other altcoins. Also they might need some money to buy something or they need it urgently because of emergency purposes. There are many reasons why they are selling it and this is one the reasons why they are selling it.

[racistyui]

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.

One of the biggest reasons is:
+ Korea, China, Japan welcome Lunar New Year, this year as well as many years ago bitcoin has dropped by half value every time the New Year, and the best bitcoin to develop the best price is the post- ^!
+ China, the world's largest bitcoin owner, has banned all bitcoin, ICO and crypto currency transactions that led to large-scale bust.
+ The fear of a bitcoin rising from $ 1,000 in the beginning of the year to 19,000 usd in 2017 led to the sale!
-----> The solution is: Fasten the hole all the coin and buy it in the best way when the market goes down!

[Cryptomaniac13]

Some out of fear, some because they hit their targets and other they try to sell and buy it lower

[mkmittalg]

Bitcoin is sold for profit if a person needs money because we use bitcoin as a method or buy it, so we should buy bitcoin because we like it.