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Topic: Why people sell bitcoins? - page 10. (Read 9943 times)

newbie
Activity: 92
Merit: 0
February 04, 2018, 12:28:06 PM
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.
member
Activity: 197
Merit: 10
February 04, 2018, 12:20:54 PM
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.
jr. member
Activity: 200
Merit: 6
February 04, 2018, 12:16:07 PM
People sell their bitcoin  because they need money or they want profits from their saved bitcoin. Cheesy Cheesy Cheesy
member
Activity: 238
Merit: 10
February 03, 2018, 11:31:37 AM
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$
full member
Activity: 392
Merit: 100
February 03, 2018, 11:24:47 AM
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
sr. member
Activity: 546
Merit: 250
February 03, 2018, 11:20:17 AM
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
jr. member
Activity: 200
Merit: 6
February 01, 2018, 03:24:14 AM
People sell their bitcoin  because they need money or they want profits from their saved bitcoin Smiley Smiley Smiley
full member
Activity: 280
Merit: 100
February 01, 2018, 02:25:23 AM
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
full member
Activity: 280
Merit: 100
February 01, 2018, 02:25:11 AM
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
legendary
Activity: 1078
Merit: 1000
January 31, 2018, 07:19:17 PM
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
newbie
Activity: 51
Merit: 0
January 31, 2018, 07:18:17 PM
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 $20k USD!  Almost everyone.  Nobody wants the satoshi gains they want the USD because it's a usable currency.
sr. member
Activity: 1316
Merit: 257
January 31, 2018, 07:01:12 PM
Maybe because there is a need or need to be overcome and must sell bitcoin .. because we are in bitcoin to help the needs and anything we need and the solution is bitcoin .. bitcoin is very helpful for those who need help and whatever it is  Kiss
full member
Activity: 966
Merit: 102
January 31, 2018, 06:56:46 PM
someone sells bitcoin because there are two things. first, they are exposed to panic sell because bitcoin decreases. secondly, they already get profit from bitcoin and maybe they see the market has a high price so they sell bitcoin.
full member
Activity: 449
Merit: 100
January 31, 2018, 06:55:33 PM
If they sell all their bitcoin i think they need money urgent thats why they dump all their bitcoin. One thing also if bitcoin pump so high they will sell all bitcoin because they already receives profit.
h55
member
Activity: 210
Merit: 11
January 31, 2018, 06:51:49 PM
I think. people understand the main value of BTC now. BTC is so expensive now! 1 BTC for 10000$? I think very expensive and the main value of BTC is less than 1000$.
full member
Activity: 154
Merit: 102
January 31, 2018, 06:42:03 PM
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.
full member
Activity: 322
Merit: 110
elysian.finance
January 31, 2018, 06:38:05 PM
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.
newbie
Activity: 60
Merit: 0
January 31, 2018, 06:31:52 PM
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.
full member
Activity: 258
Merit: 114
January 31, 2018, 06:26:38 PM
I just dont understand people who sell bitcoins you guys are the reason we are goin down
member
Activity: 308
Merit: 10
January 31, 2018, 06:24:32 PM
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.
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