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Topic: Why people sell bitcoins? - page 22. (Read 9943 times)

sr. member
Activity: 353
Merit: 250
January 16, 2018, 02:01:04 PM
Probably people prefer to sell bitcoins because it reached the all time high.
sr. member
Activity: 434
Merit: 251
January 16, 2018, 02:00:51 PM
Holding bitcoins or selling depends on owner and situation. Sometimes you need some fiat money to pay fees and other stuff sometimes better wait for pump and not exchange. It is necessary to feel the situation to make right decision.
sr. member
Activity: 353
Merit: 250
January 16, 2018, 01:55:00 PM
Most people are in panic mode now.
member
Activity: 448
Merit: 10
January 16, 2018, 01:49:27 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.
Bitcoin is a relatively private currency. On the one hand, bitcoin is very transparent, everyone knows how much a bitcoin deal holds. Bitcoin has risen sharply with profit not in percentage but by the number of times in a short period of time attracting the attention of people and investors in the world.
There are two reasons that people are selling bitcoin first one is when they want to buy something for their daily life such as food, clothes or any other things and secondly people are selling bitcoin when they want to take a profit because there are a lot of people who are buying bitcoin with low price and then they keep it on hold when its price go high then they sell bitcoin to get their profit because it’s a very good source of income.
full member
Activity: 237
Merit: 100
January 16, 2018, 09:24:23 AM
Maybe they need it or they really not believed the potential of bitcoin. I think bitcoin is a good investment a passive income that we should really have. So for me i should keep it ans wait until the right time to sell it when i need it
full member
Activity: 308
Merit: 100
January 16, 2018, 09:21:26 AM
More over people sell their bitcoins for their immediate or current needs. After all it's an investment for a sudden need we will prefer our own investments rather than  loans.
newbie
Activity: 5
Merit: 0
January 16, 2018, 09:03:28 AM
they sell bitcoin because we do it to make money for them self's and make to course go up and down without buying and selling there is no change in the course, whe are the diesel and the currency is the motor.
member
Activity: 224
Merit: 11
January 16, 2018, 08:44:42 AM
It's a mixed bag many are unfamiliar with it and of who are familiar have the paranoia of loosing all their investment.So it depends who you ask
newbie
Activity: 168
Merit: 0
January 16, 2018, 08:38:51 AM
bitcoin can success all the government people use.btc sell many others people and earn btc on the crypto currency so many frofit.we are sell bitcoin and earning money day by day.
newbie
Activity: 160
Merit: 0
January 16, 2018, 06:07:17 AM
People sell btc when the price is up rise so we can a big profit.
member
Activity: 154
Merit: 10
January 16, 2018, 05:12:55 AM
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.

What are they gonna do holding it? They want to sell, make profits, lead a luxurious life. People invest with certain objectives or goals in mind. Once they have achieved the expected returns they want to sell and realize those objectives, goals n dreams.
full member
Activity: 353
Merit: 100
January 16, 2018, 05:10:18 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.

People sell their respective bitcoins for the very reason that they believe it is enough for them to earn more than what they have spent on the capital. Perhaps, they are going to invest it again for more or even cash it out to use the money. Furthermore, they would most likely use it for something worth it.
member
Activity: 74
Merit: 10
Patience is virtue
January 16, 2018, 05:02:31 AM
For me, People sell their bitcoins it's because they need money and they are satisfied about the prize of Bitcoin or maybe they are worry because it's goes up and down about the prize of it or they don't want to be hacked, just like others.
sr. member
Activity: 630
Merit: 253
January 16, 2018, 05:00:47 AM
This topic was opened for different purpose, but today new reason is added for selling - it is syndrome of panic Smiley
newbie
Activity: 60
Merit: 0
January 16, 2018, 04:54:26 AM
People sell their bitcoin because the bitcoin price is high. It is a form of investment such that you buy bitcoin when the price is low and you sell it when the price is high. In that way, you can also earn much money.
newbie
Activity: 76
Merit: 0
January 16, 2018, 04:51:56 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.

Ideally sell for a profit in fiat

But some idiots sell in panic dips like today on telegram
I saw one guy say he sold all his btc today and wished he told it last week... WTF how stupid is that to sell it at its lowest point since December
member
Activity: 224
Merit: 12
January 16, 2018, 04:45:34 AM
It`s gone. It`s all gone.

But I am hodling. Lost all 2018 profit, back to scretch.
hero member
Activity: 1470
Merit: 555
dont be greedy
January 16, 2018, 04:44:00 AM
we're watching a Korean drama, which is where panic sell is made to get ready for panic buy
all depends on the strength of each hand
newbie
Activity: 1
Merit: 0
January 16, 2018, 04:41:18 AM
Every bitcoin seller? Because everyone thinks it's going to go down and the value of the virtual bitcoin currency is gone. Of course you can not blame them because as many years ago the bitcoin was so cheap that nobody wanted to keep it and if you keep it today, you became a millionaire. Cool
full member
Activity: 198
Merit: 100
January 16, 2018, 03:30:57 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.

It is because they needed cash! They do need a money to buy necessity and live their lives. Its like they are removing the profit from their initial investment to be used to buy daily needs.

This is a common reason why people sell their bitcoins. If we need money and we don't have extra money then we might sell a portion of our bitcoin just to pay for our expenses. Some people sell their bitcoin if they think they have a good profit from holding it.
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