Why people sell bitcoins?

[Rascar Capac]

People sell their bitcoin against other cryptocurrencies to increase their bitcoin balance! Or cash out in front of the unstable market. Personally, I prefer to hold and wait for the next few months!

[jhonnydeep87]

Each bitcoin sale has its own reasons and where they have sold the bitcoin. Maybe they sell it because they need money for emergency purposes. Another reason is that they are afraid and think that bitcoin prices will suddenly go down and will never return to that value again.

[Crypto-2X]

Actually, Nobody wants to get loss with their investment money. So when the BTC going down they sold their BTC because of they are afraid to loss money!

[haster100]

People sell bitcoin to get money, when bitcoin prices drop almost everyone goes to buy bitcoin then when prices go up they sell bitcoin this is done because they expect to get as much profit as possible from bitcoin.

[elizavetausova0112]

 Someone is probably afraid to lose. And someone on the contrary, can not badly earn money. Is not it?

[marjil]

Why do people sell anything? It's for the same reason, of which there are many. If you bought bitcoin over a year ago you may have decided to sell when it was $19k for a substantial profit. Conversely, if you bought a few weeks ago at $19 you may have decided to sell on the way down, say when it was $11k, to cut your losses. So different reasons why people sell, depending on their own individual circumstances.

[callmeback]

For me i think Its a tough choice to decide whether to sell some of your bitcoin or keep all of it invested. Others recommend cashing in a portion of your bitcoin now, especially if you're risk-averse or have pressing financial needs. I would not advise anyone to sell all their bitcoins   I say there are some other cryptocurrencies worth investing in, then take a look at the number of people scrambling to buy with Bitcoin. So it seems bitcoin is definitely the one to be watching for the future, just look at how the experts are behaving.

[CromwellReg]

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.

Now bitcoin is not accepted by most merchants and cannot be used directly for payment. So people need to sell bitcoin for fiat money to buy things.

[SergeYak]

People selling bitcoins because they need money right now. In other cases they just making profit to buy more bitcoins later when price will decrease or something.

[jdeanne92]

There could be two possible answers to that.
1. They need money.
2. They are weakhands.

Only those are the reasons why people sell bitcoin.

[bitcoindian]

people sell bitcoins at panic time and they are panic seller every market will have

[klebsiella]

People sell their bitcoins so they could double or triple their money. People who bought bitcoins when it was cheaper will decide to sell and make money from it when the price is high enough. It all comes back to the law of supply and demand. When no one wants to sell their bitcoin, the supply will become low, thus the price goes high and vice versa.

[george888055]

Btc wealth distribution looks similar to world fiat distribution. The 1percent rule the world. So when someone drops the price it doesn't mean panic sell - maybe just the games of whales

[poetra2501]

People sell their bitcoins so they could double or triple their money. People who bought bitcoins when it was cheaper will decide to sell and make money from it when the price is high enough. It all comes back to the law of supply and demand. When no one wants to sell their bitcoin, the supply will become low, thus the price goes high and vice versa.

I personally sold my Bitcoins when I need money whether the Bitcoin price is low or high
at the moment I will sell it and wait for the Bitcoin price to go down and buy more for next time.

[meidut]

People sells bitcoin because they want to cash in their investment  profit, I think that it is practical in some sense but not entirely wise. I believe that bitcoin will continue to grow so I am still holding to my investment. I think that history proves that btc has only one way to go and it is upward.

[Cofee.BLUE]

Because they want to earn real money, the value of btc is very high and they collect and save btc as much as they can, and if the btc is collected and much enough to get money thats the timw they sell btc if the btc grow and become higher. Thats why many people become rich because of bitcoin.

[bozo333]

Bitcoin is now not use in the purchase. So people exchange the coin for some future purposs and fulfill family dream. So People will be learn more information from bitcoin and market places and you will know the financial process. This important for the future growth. Bitcoin will be change any country currency. So people exchange the and save for the future investment and improve the business process.

[Donceng]

the most basic reason for the question why people sell bitcoins is that there are several possibilities that can happen because of the increasing economic need, because they want to transfer the bitcoin balance to a safer wallet, so it requires users to sell the bitcoin that they have. and the last possibility is that the person wants to open a new business outside of bitcoin that can provide a steady and stable income

[bahula33]

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.

selling bitcoins at high prices is not unusual if that's what we all expect, buy at a low price selling time in high price, so we can result from our sales ,,,

[espiapogi1994]

we sell bitcoin due to, we know that when we sell bitcoin we should receive the profit that we wait.