Why people sell bitcoins? - page 23.

kriticko29

full member

Activity: 336

Merit: 100

Quote from: imam ukik on November 17, 2017, 06:08:36 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.

Riuske

newbie

Activity: 6

Merit: 0

Because people sell bitcoin to have money for buy something or pay debt to someone.

Maybe for make open some business in future.

Kulafu

jr. member

Activity: 140

Merit: 2

Quote from: imam ukik on November 17, 2017, 06:08:36 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.

They sell for a better profit I guess. If the profit is good better to sell it than keeping it. Price of btc is volatile better to dispose when the odds in with you.

ringgo96

sr. member

Activity: 1582

Merit: 279

PredX - AI-Powered Prediction Market

Quote from: Kisanaq on January 16, 2018, 02:38:53 AM

Which I'm sure people sell bitcoin is because they desperately need money to make ends meet, bitcoin is their last possessed asset so they need to sell bitcoin.

if not important it is likely that people who have bitcoin will not sell coin, so know it, because in this world many people who need, and meet their needs, then they at the time have the money directly on sale.

Kisanaq

sr. member

Activity: 700

Merit: 277

Which I'm sure people sell bitcoin is because they desperately need money to make ends meet, bitcoin is their last possessed asset so they need to sell bitcoin.

indog

member

Activity: 208

Merit: 10

maybe the person is in need of money, so instead of holding back who did not know how long, better he sold it .., and maybe also bitcoin prices are rising.

bright4mech

member

Activity: 588

Merit: 18

Btc investors are great business, btc is a crypto-currency and acceptable all over the world, for digital transaction, as long the is in market, is simply means buying and selling and continue process, any time you go to market is always be available, but only value changes...

jayhawk1

full member

Activity: 352

Merit: 100

Quote from: Md Faysal on January 12, 2018, 11:48:46 AM

I agree with this. People sell their bitcoin when they need to spend it to meet one need or the other, selling it is the profit of what they have earned. And the main purpose of dealing it,is to earn at the end .people are selling bitcoins now because they think the price is already skyrocketed and there is going to be a crash.

Yeah! Everyone has their own reasons for selling off their bitcoin. There are maximum people who sell off bitcoin only when they are in need of money on urgent basis because everyone knows that selling off bitcoin means losing an opportunity of becoming rich in the future.

Well I am not in favor of selling off bitcoin for celebrating New Year etc. because these things are temporary and are not capable of generating any profit in the long run.

jak3

legendary

Activity: 1274

Merit: 1004

Many countries suffered through the corruptions that's because their governments do not support for Bitcoin community but anyway if you want you to invest in Bitcoin then you can go for the passive earning methods if you have any skills you can invest that time too and some money. People like to sell the coin because they are scared about the market they can sell their coins and get the faint money but they can hold keep the money in private keys and can return them after 5 years or so. That's an even government bank cannot track them down.

TOTOARRO

newbie

Activity: 48

Merit: 0

the motivation behind why you need to pick up bitcoin in light of the fact that you need to procure cash. Indeed, bitcoin is a money, however it is advanced. Many individuals are picking up bitcoin in light of the fact that they need to profit, by offering bitcoin you can acquire money, and in the wake of getting the cash, they will utilize it to pay the bills, purchase the things they need and some more. That is the fundamental motivation behind why individuals are offering bitcoin, in an agreeable clarification they simply pitch it to make some benefit.

Marry Finch

full member

Activity: 364

Merit: 101

I myself am trying to buy bitcoins and alternative currencies on all the falls.
The current market of bitcoins is extremely volatile. Fear, uncertainty and doubt all too often emerge in the community of miners. If they even have a hint that bitcoins can become illegal, that they can be hacked, infected with a virus or somehow damaged the system, the price will fall catastrophically, because people in a panic will want to sell them as much as possible.
People will sell bitcoins without hesitation if they lose faith in them.

Makingmoney2018

jr. member

Activity: 224

Merit: 1

Some people prefer to sell bitcoin because they need money very badly and there is no other choice rather than to sell them that's why they sell their bitcoins instead of keeping them for future use. Selling bitcoin means operating as a currency exchange which includes electronic media, money or currency.

Majharul Saiif

member

Activity: 512

Merit: 10

BountyMarketCap

It is very difficult question. But I think that it generally depends on their mind or need who sells Bitcoin.If their any need,they will sell their Btc to fulfill their need.

malah

full member

Activity: 504

Merit: 100

people have different needs and they sell bitcoins they may already have a profit and want to use a profit for their needs

Hmei777

newbie

Activity: 119

Merit: 0

Quote from: secondgarlic on November 17, 2017, 06:10:00 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.

yes if you need money, you can sell the bitcoin you have to meet the needs.

Hmei777

newbie

Activity: 119

Merit: 0

everyone has different reasons why they sell their btc.

Inn0vative1

copper member

Activity: 68

Merit: 0

People hold Bitcoin due the the potential for growth in value. But what good is having value in Bitcoin if you can not sell it for physical items in the real world?

abhishek273b

newbie

Activity: 94

Merit: 0

:)of course 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, people will used this chance to make profit. but for a bag holder, they don't do this and they only buy once and waiting until they see the price is increase so high then they will sell it.

buggy

jr. member

Activity: 91

Merit: 1

People sell bitcoins because they need money to sustain their daily needs and whatever reasons they have that's why they are going to sell. The only reason why people join bitcoin is that to help them out from financial difficulties.

satria2

member

Activity: 297

Merit: 10

Quote from: heninur on January 16, 2018, 12:03:48 AM

Many reasons why somebody sells bitcoin ..
1. To gain profit
2. Worry when bitcoin prices go down
3. Because there is a sudden need and no money anymore except money made bitcoin
Incidentally I used to sell bitcoin that I have because there is a sudden need

These are some of the reasons why some people sell their Bitcoin at the moment. Wink

Topic: Why people sell bitcoins? - page 23. (Read 9943 times)