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Topic: Why people sell bitcoins? - page 18. (Read 9943 times)

jr. member
Activity: 82
Merit: 2
January 19, 2018, 06:11:27 PM
When you talk about selling, you need something in return. And when one sells bitcoins, naturally the one thing that props up in mind is because he needs money. Money to be used for personal or for business purposes. Selling is just one part of making business in bitcoin. Buying is another thing and earning is also another way of raising bitcoins. You can't hold your bitcoins forever. At one point in time, people sell bitcoins because it's the life cycle of business.
newbie
Activity: 3
Merit: 0
January 19, 2018, 05:56:49 PM
I really don't know Undecided... Just hold your shit and everything will be alright
member
Activity: 104
Merit: 18
January 19, 2018, 05:53:00 PM
Well i do not know if all people are selling bitcoin for the same reason but i am sur that the majority of them are selling because of the low price of it. bitcoin now is in a very bad situation and going down fastly.
newbie
Activity: 238
Merit: 0
January 19, 2018, 05:37:21 PM
People sell their bitcoin for two main reasons. First because they need money to sort out issues. This is the main reason people sell bitcoin. The second reason is because of panic. When there is a negative news about bitcoin, lots of people rush to sell of their bitcoin as soon as possible .
full member
Activity: 124
Merit: 100
▰▰ ARENA SPACE ▰▰
January 19, 2018, 05:16:18 PM
you cannot stop them its their decision to sell bitcoin they have their reasons.

maybe they are losing hope for bitcoin's future they started to doubt its potential and withdrew their money to start a business which they can feel secure because its tangible and they can manage its operations.

the other reason is because they just really need the money to satisfy their need like basic need food shelter education for their kids and the like or it is really really emergency that bitcoin is their last hope.
newbie
Activity: 36
Merit: 0
January 19, 2018, 04:52:20 PM
There could be many reasons such as deliberate trading, money requirement, losing interest in trading etc
newbie
Activity: 169
Merit: 0
January 19, 2018, 04:41:11 PM
My reason is very simple is that those who have bitcoin as a necessity of life for every day such as paying bills home, school, and others
Smi
newbie
Activity: 14
Merit: 0
January 19, 2018, 04:31:19 PM
People should calm down theres no way bitcoin is gonna dissapear in a night -.- dunno why they all rush to sell
Im New to this but I have also the same reasoning
newbie
Activity: 23
Merit: 0
January 19, 2018, 04:30:16 PM
People should calm down theres no way bitcoin is gonna dissapear in a night -.- dunno why they all rush to sell
full member
Activity: 298
Merit: 102
January 19, 2018, 02:26:37 PM
Buys the one that wants to make money on operations with the beat (speculators, the exchange, etc.) or buy for the collection, as it is done with the altcoyins.

Another thing is who and why works with the crypto-currency, and this is mining, and earnings on forums where crypt is paid and the same trade and, of course, services in bitcoins (for example, payment for studies or replenishment of a mobile phone). Everyone has their own motivation here. Who wants to earn some money, who got into the game of excitement (incidentally earning or losing), someone to expand the circle of communication, someone is tempted by the system itself. Etc.
hero member
Activity: 1008
Merit: 540
January 19, 2018, 02:22:27 PM
Because some people cant keep and hold it anymore, but they sell it in the time that bitcoin's price is high. They want to earn profit so they can provide again another bitcoin for the second time around.
full member
Activity: 198
Merit: 100
January 19, 2018, 02:16:40 PM
Some unexperienced people (not all) have weak hands. They buy at tops and expect a run to the new ath. But then price dips and they sell because they do not want do loss all their money. This people make loss, sad but true.
member
Activity: 72
Merit: 10
January 19, 2018, 01:40:51 PM
People are selling Bitcoins now because they think the price is already skyrocketed and there is going to be a crash.

I personally would say there will bea  crash soon because it is simple economics.

It doesn't make sense to keep Bitcoin right now when there is such a high price rise. The smart thing to do is sell and buy back when the price dips back down to under $10,000.
legendary
Activity: 1652
Merit: 1057
January 19, 2018, 01:32:59 PM
people sell bitcoin because they need money for their home to eat for. I'm just one of the bitcoin sellers I'll wait for the bitcoin to grow before I'll sell so much to my bitcoin. you will also be sold in trading for bitcoin pricing
Yes, one of the most common reason behind selling of the bitcoins is the need of money as bitcoin is not that much common so far that you can meet your daily based needs using your bitcoins. You have to convert your bitcoin into paper money first, only then you can purchase different sort of things. For that purpose, most of the owners of bitcoin sometimes sell their coins.
newbie
Activity: 22
Merit: 0
January 19, 2018, 12:36:45 PM
People sell bitcoin because it is need money you can sell your bitcoin.
jr. member
Activity: 40
Merit: 3
January 19, 2018, 12:24:08 PM
Most of the people who are in panic sell to recover the money. These people make loss.
sr. member
Activity: 672
Merit: 250
January 19, 2018, 11:15:14 AM
When bitcoin increases then you should sell it for profit. There are a lot of people who invest in bitcoin at low cost and wait for bitcoin to sell it off. Bitcoin is a virtual currency that changes abnormally. It can disappear. So you should sell bitcoin when it raises prices.
member
Activity: 238
Merit: 57
January 19, 2018, 11:11:49 AM
Various reason there are  behind a man to offer their bitcoin. Some individual offer bitcoin due to the benefit, the cost of bitcoin expanded higher when they contributed. A few people offer their bitcoin on the grounds that they lose cash in bitcoin, they don't trust in bitcoin and they would prefer not to keep it.
member
Activity: 107
Merit: 12
January 19, 2018, 11:03:40 AM
Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.
Some people sell their bitcoin to have money otherwise they sell it maybe because the value of bitcoin increases. But unfotunately maybe they were not comfortable in saving for investments because they were afraid to be scammed or they don't believe that they really can earn profit in bitcoin.
full member
Activity: 336
Merit: 112
January 19, 2018, 11:02:13 AM
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 people, sell their bitcoin in a sense that they want the money to be converted into fiat because they already make their investment gain profit and sometimes financial needs. But there are some that are selling bitcoin because of some manipulations happening or crisis like spreading fud regarding bitcoin, those weak hands who are panic selling just to pull out their funds because of the fud they heard. Also this consider, some also sell bitcoin because they think if they still hold their bitcoin in dumping time . they will loss their money so, they think it's better to sell than to hold. This is all just my opinion and base to what I have noticed.
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