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Topic: Why people sell bitcoins? - page 11. (Read 9943 times)

jr. member
Activity: 79
Merit: 6
January 31, 2018, 06:23:17 PM
why someone sells bitcoin, maybe because they see high bitcoin selling price and they already get more profit so they sell bitcoin.
member
Activity: 207
Merit: 10
January 31, 2018, 06:17:15 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.
newbie
Activity: 32
Merit: 0
January 31, 2018, 12:27:57 PM
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.
newbie
Activity: 108
Merit: 0
January 31, 2018, 12:21:09 PM
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  

sr. member
Activity: 913
Merit: 252
January 31, 2018, 12:18:45 PM
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.
full member
Activity: 392
Merit: 106
January 31, 2018, 12:13:49 PM
bitcoin is an online based cryptocurrency.It's price is always being changed and most of the time it's price is increasing.That's why people who had hold bitcoin and still holding bitcoin they sell bitcoin when the price of bitcoin come upto their desire level.
newbie
Activity: 50
Merit: 0
January 31, 2018, 11:43:58 AM
Bitcoin is type of investment and when the money invested is needed urgently or one see a growth in its value, its better to sell it rather than to wait more.
jr. member
Activity: 2058
Merit: 2
January 31, 2018, 11:37:10 AM
we know..everyone needs profit...we bye and sell bitcoin to make more profit... sometime holding may occur lose... we can say it is a trade....when the prize is less buy more bitcoin and when the prize is high just sell it.
newbie
Activity: 110
Merit: 0
January 31, 2018, 09:56:02 AM
there are two reasons for the first time when you need to buy something so you can sell it and both investors sell bitcoin because they buy bitcoin at a low price then they hold it and when the price is high then they sell bitcoin. because giving them a profit like now a few days many people sell bitcoin I also sell bitcoin to get a good profit from it and this time the profit is very high.
jr. member
Activity: 112
Merit: 2
January 30, 2018, 11:04:23 PM
They sell the bitcoins to buy more... Its called daily trade.
newbie
Activity: 73
Merit: 0
January 30, 2018, 11:02:15 PM
 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..
member
Activity: 266
Merit: 10
January 30, 2018, 10:55:17 PM
There are many reasons why people sell bitcoins. Maybe because they are losing money fast and they want to withdraw what's left right away just to avoid bigger loses which I think is not right. Some are cautious that when they already earned they make sure that they won't lose that money again. Some sells because they want to feel the joy of spending the money they have earned.
member
Activity: 101
Merit: 12
January 30, 2018, 10:35:58 PM
Because bitcoin is still an investment tool at present, it has not been accepted by all countries. Now there are still many countries that prohibit it. Therefore, bitcoin can not be used in real life. To make bitcoin valuable, it can only be sold it.
newbie
Activity: 42
Merit: 0
January 30, 2018, 02:17:08 PM
One of the reasons could be a person who mindlessly bought too late , realise it might be the end of a bubble , better be safe he might think. There many reasons that people selling Bitcoins.
Lyd
full member
Activity: 420
Merit: 101
January 30, 2018, 10:12:40 AM
It is ideal to manage to keep your bitcoin as a long term investment but people are human and they get scared when someone starts to sell so they sell it also
newbie
Activity: 10
Merit: 0
January 30, 2018, 10:11:08 AM
Most of the people sell bitcoin basically to earn huge profits. They invest in Bitcoin when they are comfortable with the price and at the right time they sell them to get their invested money back with the increased price. Some people panic when the price decreases and think that it will not rise in future due to which they sell Bitcoin at low rate. But they need to be patient and let the price to go up as these fluctuations are normal.
full member
Activity: 271
Merit: 103
January 30, 2018, 09:57:03 AM
they are too panicky about the current negative issues, while they do not know what is really going on. as if they were being fooled.
full member
Activity: 419
Merit: 100
January 30, 2018, 09:52:41 AM
People buy and sell bitcoins according each persons interest and financial status, now the price of bitcoins has  surpassed above $ 10000 which is not a small amount or not affordable for a normal person to get one bitcoin in hand but it was easy to get one bitcoin in the early stages of bitcoin technology. In the beginning of 2017 the value of bitcoins was less than $ 1000 USD and by  year ending the price has surpassed $ 17000 now there is a slight dip in the market and the best time to buy bitcoins as there are still chances for the bitcoins to increase its price. All the user's think differently the early user's of bitcoins are millionaires of now, people sell bitcoins when there is a need of money or any finances. What if all the user's buy bitcoins and hold it for themselves and no one is ready to sell them, in such a situation the bitcoin network will not work and the prices will come down.
newbie
Activity: 22
Merit: 0
January 30, 2018, 09:51:49 AM
When the value of bitcoin is low, people tend to buy bitcoin. Cool When the value price is high, they will sell it.they hope to get double profit and when bitcoin reach high platform people sell them.
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
January 30, 2018, 09:25:16 AM
People have different reasons for selling bitcoins. A lot are difinitely trading theirs and we can actually see the number in circulation. I have some crumbs of it which I only use to monitor its price fluctuations. Aside this I will rather sell off and make my fiat value.
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