Topic: Why people sell bitcoins? - page 24. (Read 9943 times)
Yes probably it depends to country's decision to banned or embrace bitcoin. When the country is against bitcoin how to hold the coin if your country banned bitcoin. So the right things to do is to sell it thinking that you couldn't have gain in bitcoin someday. The rush sell will be arrange by you to think you are in the time to choose whether you hold it and gain nothing or sell it to have a profit. But I think you can still hold bitcoin when times come you go and make some travel to other country you can sell it there in the right time that you fill you can have a big profit.
People sell bitcoin to gain more. This is what you call trading. You buy it when its value is low and then you sell it when its value rises.
Although it defeats the purpose of cryptocurrency which should be used as it is and not sold anymore for fiat, I do believe that people would sell or have their Bitcoin converted to fiat due to the fact that the availability of outlets where Bitcoin can be used in their area is bery minimal. Here in the Philippines, the knowledge towards cryptocurrency is not yet appropriately established which is why Bitcoin does not have any value. For Bitcoin to be used to supply our needs, we need to have it converted.
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
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
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.
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 because they invested for making profits. Today, Bitcoin is seeing all time high prices and its the right time for the investors to earn major profit on their investments.
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.
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 bitcoins to make profit. As the price of the bitcoins fluctuates , people buy it when the price is low and as soon as the price rise , they sell it get profit.
There are so many ways why people sell their bitcoin. So people have to need why their sell bitcoin because they have to pay for billing or shopping and many and as now the bitcoin price is so high and it has reached $ 10000 and many of those who bitcoiners are happy especially those investors, and bitcoin holders.
there are several factors why you sell bitcoin, that is because bitcoin prices are rising then you sell the bitcoin you have in order to get a lot of profit and you can buy it back when bitcoin prices start to fall. there is also a reason why you are selling bitcoin to meet the economic needs for everyday life as most people participate in this bitcoin to earn more income in order to improve the economy in his life Wink.
We all know that people is waiting for the best price, but it depends on their decision. some people sell their bitcoin for more money, they bought bitcoin when it's low price, and sell their bitcoin when it's high price. Some people holds their bitcoin for their future needs and wants. But we need to be wiser by selling our bitcoin.
The answer is quite simple. That is because if they sell their bitcoin, they will gain income from it since the value might be higher than when they initially bought it.
Not only the very reason why we are selling our bitcoins. Let's get done with the profit, those other sellers are just selling because they are panicking. Just like what happened, the price seems to go down and there are too many holders that are starting to cut their losses and selling it off.They sell bitcoins because they already reached their desired gain.
Profit taking, profit is profit no matter how high you've seen bitcoin before but if you have gained already it's a good time to sell.
People sell Bitcoin to make profit.
Traders buy and sell as the price swings.
Whales sell what they paid virtually nothing for at a huge profit.
People who got in later sell for smaller profits.
Those who believe the FUD sell at a loss
Traders buy and sell as the price swings.
Whales sell what they paid virtually nothing for at a huge profit.
People who got in later sell for smaller profits.
Those who believe the FUD sell at a loss
It dependes on the personal needs of a person that he sells the bitcoin, otherwise
one should keeps it for further profit in the future and more gain.It is gainful not
painful.
one should keeps it for further profit in the future and more gain.It is gainful not
painful.
The answer is quite simple. That is because if they sell their bitcoin, they will gain income from it since the value might be higher than when they initially bought it.
They sell bitcoins because they already reached their desired gain. When they bought bitcoin in a lower price and theres a sudden increase to the price then thats the time they will decide to sell. An immediate income that can support their needs.
I sell my bitcoins when i alreade have the desired profit ! Most of the time I sell it when the downtrends has already started in the market ! when the market is cheap I'll buy mote bitcoins and sell it again some time in the future when I already hit the desired profit and they cycle just continue
Everyone is always waiting for the best price to come out in the market and because of that, more and more people are holding their coin, this kind of mentality of every people is affecting the market. The demand is increasing which leads to the value of bitcoins to increase further in the market.
They sometimes want to cash out but they can't do this because they don't have exchange accounts, then they spend bitcoin.
because bitcoin goes through a period where it almost does not go down or up, then people prefer to invest in other altcoins that do give them the possibility of earning more money.
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.
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's because they don't want to incurr more losses so they try to avoid it and withdraw. My suggestion is that, don't be discourage when Bitcoin have many dips this month, but instead we better to buy additional investments in Bitcoin because the price is lower than before. This is the best time to buy since the price is lower and hold for a longer period of time then once you have reached your the desired income that's the time to sell it.
I sell my bitcoins when i alreade have the desired profit ! Most of the time I sell it when the downtrends has already started in the market ! when the market is cheap I'll buy mote bitcoins and sell it again some time in the future when I already hit the desired profit and they cycle just continue
Everyone is always waiting for the best price to come out in the market and because of that, more and more people are holding their coin, this kind of mentality of every people is affecting the market. The demand is increasing which leads to the value of bitcoins to increase further in the market.
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.
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, in my opinion, thats depends on the person:
- People who use BTC as an investment, they buy bitcoin when the prices suits and then sell them in order to get more money and so.
- People who works in the network and get paid in BTC. If they need cash, of course they will be in the need of sending their bitcoins! (as on any other work)
- People who spend money on btc, then get afraid because they are losing money so it begins a “panic selling”.
- People who just need cash…
- Because your country is starting some legal discussions about btc and you can’t pronostique anything good…
- So they get more BTC…etc
In short, it depends on the kind of person, why he/she has BTC, and on the country you live…
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.
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 who are going to sell their bitcoin because they will enjoy the big profit. The mine set of all Bitcoiner is to earn enough money for the future of family. While the government does not yet enter the game of bitcoin we just really full support of bitcoin
and we are all the benefits of Large Price Value of Bitcoin
Jump to: