Why people sell bitcoins?

[rafi035]

in my opinion other than the factor of panic most likely they also want to get a monthly salary for their needs so happens to sell some of their assets. not 100% Panic due to falling prices

[DMC_Ken]

for me, the reason why people sell their bitcoin is they need money to support their life, so they can buy their needed, so that's why people want to sell their bitcoin in the way of selling.

[sniper2018]

Practically to earned profits.Bitcoin is a business and a investments.So in order to gain profits,we need to sell it if we think that the profit is enough.And if the price of bitcoin drops,then reinvest it again.

[Sunyoto]

I would not think of such a thing, because we will never sell bitcoin now, even though I need it, because for us it will lose huge profits, because the price of bitcoin next month will tend to be higher  so we will get a lot of  bitcoin , If you do not want to lose the opportunity, you can really invest at this moment, because you will get a good profit next month.

[AlexKr]

People sell BTC for various reasons. Someone panics, someone needs money, but someone earns good money in this way. But I'm sure that now is not the best time to sell it. Its price will rise in the near future.

[DoublerHunter]

People sell BTC for various reasons. Someone panics, someone needs money, but someone earns good money in this way. But I'm sure that now is not the best time to sell it. Its price will rise in the near future.

Most of the times, it is about panic. People are selling bitcoin because they don't want to lose more money from the dump or from the panic selling so they join it, they are so afraid to the market which is one of the worst thing to expect from them because you should not be investing into something that you cannot endure the risk that is involved.

[EugeneJanet]

People buy bitcoins when the price is low, sell them when prices rise, and make a profit.

[luigidosado]

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.

Since ideally, bitcoin is a form of investment, some people rely their on it as a source passive income. In that case we might say that people who sell bitcoins really need money. It is also possible that they already reached their desired profit that's why they already decided to sell it so that they can use the money in another form of investment. Right now, most people sell their bitcoin because they panic due to the speculations about bitcoin around the social media.

[thisappointed]

People sell BTC for various reasons. Someone panics, someone needs money, but someone earns good money in this way. But I'm sure that now is not the best time to sell it. Its price will rise in the near future.

The majority sells their bitcoin because they wanted to have fiat since bitcoin can't be use on buying things in most of the countries. They wanted to feel the money that they are making through bitcoin that is why they are selling it(obviously because they can't feel the virtual one). Panic selling is always the reason why people are selling their bitcoins when the price is having a huge fluctuations(dipping), can't help it though.

[zngit]

Different reasons why people sell their bitcoin. I guess some reasons...
# afraid of nothing in return
# mistaken identity of bitcoin
# no good future of bitcoin in their life
# bitcoin will gone its high value
# sell bitcoin while it is high
# while high and sell have a big profit
# some are in needs like Emergency
# some reasons.

I think everyone have the right to sell according to needs and own valid reasons.

[Quarantine34]

Different reasons why people sell their bitcoin. I guess some reasons...
# afraid of nothing in return
# mistaken identity of bitcoin
# no good future of bitcoin in their life
# bitcoin will gone its high value
# sell bitcoin while it is high
# while high and sell have a big profit
# some are in needs like Emergency
# some reasons.

I think everyone have the right to sell according to needs and own valid reasons.

I agree with you.
 Why people sell bitcoins? Ofcourse to gain more proifit, some times because they need money for emergencies. Main reason why they sell their bitcoins is to gain more profit when the value of bitcoin is high.

[Generalbablita]

I don't personally own a coin but just recently my friend sold his to gain profit.

[FullMooon]

Practically to earned profits.Bitcoin is a business and a investments.So in order to gain profits,we need to sell it if we think that the profit is enough.And if the price of bitcoin drops,then reinvest it again.

Practically saying yes but not all the investors selling it cause they gain profit some people sell it because they panic becuase the price maybe Go down because of the negative news they heard but theres no proof/ evidence. then like your saying as long they get a profit most of the investor do what your saying and its right.

[Pendularin]

Well ideally bitcoin is a means of investment, but if you really need the money for whatever reason, you have to sell the coins to get some sort of fiat currency back.

You got it right people sell their bitcoins becuse of daily needs and especially for foods and shelter to keep them alive.But the nice of bitcoin was have a capability to pump it's value that's why you remaining bitcoin will higher again.So you don't have to worry if half of your bitcoin will sell it as long as you keep the half as your holdings.

[santieevanz]

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 their bitcoins because most of the time they need it in emergency case. Another reason is because they need fiat than digital currency which is only limited for transactions compared to fiat which is worldwide. And common reasons are doubt about bitcoin's future, doesn't have enough knowledge about crypto coins and the strategy of "buy low, sell high. There are many reasons.

[RIYA0001]

mostly people buy bitcoin  for investment and when they get money of their choice they used to sell it or when they have a need of money they sell bitcoins .

[Vin183~]

Bcos of btc price uprise so they sell btc and they can get a big profit

[caaaaaaaattleah]

People sell their bitcoin when they need the money. If your original plan why you invested in bitcoin is to earn profit, you are going to sell your bitcoin very quickly. But if you want to let it grow bigger you are going to hold it and wait till its value rise up.

[ariscan]

The reason people sell bitcoin because of urgent needs. now the economy is getting sluggish. there fore many people are selling coins just for everyday needs.

[GalaxyWorld]

At present, the market is showing signs of going down, so psychology people are afraid. And when I saw the market in question, I sold everything I had, and that made the market go down. Because of the general psychology, people are selling large amounts of bitcoin to cripple the virtual currency market. These are the main reasons people sell bitcoin.