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Topic: Why people sell bitcoins? - page 30. (Read 9911 times)

newbie
Activity: 1
Merit: 0
January 11, 2018, 02:20:40 PM
I think bitcoin has a great future!!! Look at it's price!!! I t is increadible!!! Smiley Smiley Smiley
member
Activity: 61
Merit: 10
January 11, 2018, 02:17:01 PM
Just like gold, people buy bitcoin mostly of its investment value. If you bought at a low price, why wouldn't you sell it when it's high? It is called a currency because you can use it, the only time you won't sell it is when you prefer putting your asset in bitcoin rather than in the bank.
full member
Activity: 203
Merit: 100
January 11, 2018, 02:09:39 PM
People sell bitcoins because they are afraid of the volatility of the bitcoin's market because they can easily make and lose money and if they think that they earned enough money for their expenses then they will just sell bitcoin without thinking about it for twice and that is the typical bitcoin user but if you are really into bitcoin then you will hold it for long term.
In my opinion Bitcoin is made for the purpose to buy and sell it. Now there are various reasons of selling BTC, many people selling means many reasons at a time. Everyone has their own reasons to sell in which I think the most recognized one is that people can hold till the time they don’t need fiat. At any time anyone needs fiat they immediately sell the Bitcoin to collect fiat. From a trader point of view the selling of Bitcoin reason will be different. The trader may sell Bitcoin to take profit from high price. Some of the people sell Bitcoin due to a panic situation in the market.

It's simply an asset and you can sell/buy it. This should be seen as usual. I see some guys are blaming those selling bitcoins. Maybe they need money, we don't know this from outside.

So never blame others for selling bitcoins.
member
Activity: 267
Merit: 10
January 11, 2018, 01:52:00 PM
People sell bitcoin because we need money for use and investing in other things.... Once someone has gained u can exchange some for cash, for how long will one keep holding?
member
Activity: 406
Merit: 10
January 11, 2018, 01:15:02 PM
because they need money bitcoin coin is good for invest money many or  people buy bitcoin for trading.
member
Activity: 269
Merit: 10
Decentralized Transportation Solution
January 11, 2018, 02:28:37 AM
Well I think people sell bitcoin because it is their strategy to earn more profit and to grow their bitcoin as well. But sometimes others sell their bitcoin with the purpose of trading.
newbie
Activity: 19
Merit: 0
January 10, 2018, 01:46:41 PM
Some people I know sell bitcoin because they use it for trading. In that situation, they can buy other coins and get a higher bitcoin price.
newbie
Activity: 22
Merit: 0
January 10, 2018, 01:44:41 PM
We can sell or keep it,depends on their needs.we can sell anytime. Smiley
member
Activity: 322
Merit: 10
January 10, 2018, 01:41:52 PM
The concept of selling securities in public or private transactions is all about to obtain more profit through putting commission or mark-up cost.
This activity is just the same of selling the stocks or shares in the public or world trade market. It is a great this since it will increase your earnings and make it more valuable.
People sell bitcoin when its price go high and I think it’s a kind of earning normally people buy bitcoin when its price go high and then they sell bitcoin when its price go high so we need to sell bitcoin when its price go high as last month a lot of people have sold bitcoin because its profit is also very high in my country bitcoin price is very high and that’s profit is more than enough for me so join bitcoin and change your life.
full member
Activity: 350
Merit: 100
January 09, 2018, 11:45:40 AM
They sell bitcoins because they want to buy some alt coins or they want to sell it because it has a high value and they will buy when it get low in the market.
full member
Activity: 224
Merit: 100
January 09, 2018, 06:04:38 AM
China plans to limit power use by some bitcoin miners, people familiar with the matter said last week, a potential challenge to an industry whose energy-intensive computer networks enable transactions in the cryptocurrency. The People's Bank of China outlined the plan Jan. 3 at a closed-door meeting, according to the people, who asked not to be identified because it wasn't public.
sr. member
Activity: 588
Merit: 254
January 09, 2018, 06:00:41 AM
People sell bitcoins because they are afraid of the volatility of the bitcoin's market because they can easily make and lose money and if they think that they earned enough money for their expenses then they will just sell bitcoin without thinking about it for twice and that is the typical bitcoin user but if you are really into bitcoin then you will hold it for long term.
In my opinion Bitcoin is made for the purpose to buy and sell it. Now there are various reasons of selling BTC, many people selling means many reasons at a time. Everyone has their own reasons to sell in which I think the most recognized one is that people can hold till the time they don’t need fiat. At any time anyone needs fiat they immediately sell the Bitcoin to collect fiat. From a trader point of view the selling of Bitcoin reason will be different. The trader may sell Bitcoin to take profit from high price. Some of the people sell Bitcoin due to a panic situation in the market.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
January 09, 2018, 05:38:00 AM
Because the value of bitcoin is unpredictable, it increase or decrease rapidly can't tell when to sell it so they choose to sell it know. People were just taking chances, they do not know when is the best time to sell it.

Other reason of why people sell bitcoin is that it is a currency and if we use it as a currency for buy/ Sell , then of course we have to sell it to buy things. Almost 80% of the bitcoin is being used by traders who normally sell at high price and then buy back at low price and it keeps on happening.
full member
Activity: 126
Merit: 100
January 09, 2018, 05:36:21 AM
I think BTC holders easily get scared all the time and start selling at the very moment when it slightly goes down. You should be able to consider risks when you decide to hold.
newbie
Activity: 94
Merit: 0
January 09, 2018, 05:31:32 AM
In my country, BTC is no means of circulation, we can only be achieved through trade value, a lot of people to hold the currency, because they hold the BTC belief is a kind of feelings, and they have won a lot of profit by BTC, so don't need to do a deal, just continue to hold!
sr. member
Activity: 1596
Merit: 335
January 09, 2018, 05:02:33 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 usually sell their bitcoins when they feel that it is expensive enough to to buy their desired purpose, such as material things or investment. We shouldn't actually be surprised when people sell their bitcoins because that is normal and if such decision may help them in terms of financial stability, then there is no more question needed to be answered. In addition, in situations where there's emergency, people would most likely sell it.
member
Activity: 190
Merit: 11
January 09, 2018, 04:54:04 AM
Because the value of bitcoin is unpredictable, it increase or decrease rapidly can't tell when to sell it so they choose to sell it know. People were just taking chances, they do not know when is the best time to sell it.
full member
Activity: 295
Merit: 104
January 09, 2018, 04:53:42 AM
Surely people who have bitcoin will sell it. Although many people who keep it, but at the end they will also sell it though later when they want to sell it. What for we have bitcoins if we don't sell them? Just as we have money but in store not in use. Don't call money if not used at all, remember the function of money as a means of buying and selling the same as bitcoin. Don't obey government regulations, the government is also not too concerned with us whose life is mediocre to find work is also difficult, we must care about ourselves and the people around him.
full member
Activity: 321
Merit: 100
Token That Will Transform The Venture Capital Mark
January 09, 2018, 04:41:24 AM
I sold once in order to realise profit but it was one of my stupid decisions. I had to keep bitcoin or buy more promising altcoins which has potential. cryptocurrency era is just started and it will make a great revolution as everybody here knows.

latest increase up to 20000 dollars was increasing, maybe we should sell at top but I am not regretful since I traded into altcoins and I am more in profit even in fiat, and I do believe that we will see more than 20000 dollars this year
newbie
Activity: 31
Merit: 0
January 09, 2018, 04:34:23 AM
People sell bitcoins because means of investment,it gives us as a source of income.And it helps in our daily lives.
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