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Topic: Why people sell bitcoins? - page 40. (Read 9943 times)

newbie
Activity: 55
Merit: 0
January 02, 2018, 12:32:28 PM
Maybe they dont believe in this currency or dont understand this! Wink Wink Cheesy
full member
Activity: 269
Merit: 101
January 02, 2018, 12:27:00 PM
the prices are rising and there are people who have bought bitcoins when they were cheaper
to make some profit over it people sell their bitcoins
some people sell them to buy more bitcoins also or if they feel the prices would go down soon
it all depends on person to person
newbie
Activity: 2
Merit: 0
January 02, 2018, 12:22:22 PM
People will sale bitcoin because of profit . In bitcoin selling bitcoin is major part when bitcoin market get hike the investor has to sell the bitcoin then only it will become profit even we cannot predict the market of bitcoin some time it will get down the market as well so, when price will get hike we have to sale.
cue
member
Activity: 65
Merit: 10
January 02, 2018, 12:17:27 PM
People sell bitcoins because they want to investment on other coins available in the market that has a potential big profit, or people sell bitcoins because they want to get back investments in fiat currency. But usually, people sell it because they want to invest more on different cryptocurrencies that would bear profits in the future.
jr. member
Activity: 280
Merit: 1
January 02, 2018, 12:08:06 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.

you said the goverment always forbids the use and play bitcoin.i not agree that,the goverment is not suport for the planning of bitcoin earning.when the suport transaction for rotation for bitcoin my country.we are surely must buy and sell bitcoin no problem.
member
Activity: 166
Merit: 11
January 02, 2018, 11:50:46 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 initially sell bitcoin simply because they need money. We all know that bitcoin is not widely accepted yet in mode of payments. This perhaps is the reason why chose to sell their bitcoin despite how valuable it is. In addition, there is also a chance that they want to sell at a high price and buy at a low price to earn more.
sr. member
Activity: 574
Merit: 256
January 02, 2018, 11:33:54 AM
seems to me the needs factor, sometimes there are also people who sell it at the time of low bitcoin prices
Yes it is important to sell it but not so early because if you will sell your bitcoin so early then it will not give you benefit at this level. Bitcoin price and value is increasing with bitcoin so better to wait. I know one of my friends and she sold her bitcoin at low price and did not get high profit so isn’t it a silly decision if she has waited today shoe would be right and would have now house so it is my suggestion not to sell bitcoin at this low price.
full member
Activity: 378
Merit: 100
December 31, 2017, 02:00:32 AM
If we look at the global population then majority of the people are looking at the profit instead of keeping this for long time. The case is for every thing people like to hold a profitable currency and when they know that there is a chance of profit they can sell their coins to make some profit and minor cases when the people use it for other purposes. It is good to invest in this the future of this currency is very good and it is less risky as compared to the other banks investments.
member
Activity: 308
Merit: 18
December 31, 2017, 01:13:26 AM
People sell bitcoin because I think they need money. Bitcoin is a investment, so many people invest and sell there investment because they have already profits in the bitcoin or some people need money to there financial life. We cant say what is the thinking of the people but remember bitcoin is a investment so many people buy and sell there bitcoins. There are many reasons why people sell just understand how to run our bitcoin.
full member
Activity: 392
Merit: 106
December 31, 2017, 12:55:13 AM
There are two reasons behind selling bitcoins.One reason is when people needs money they sell bitcoins and another reason is when the bitcoin price increases to their expected level.
member
Activity: 199
Merit: 10
Now You Can Be The Bookmaker!
December 31, 2017, 12:52:34 AM
Many people can invest in bitcoin & when they can see the profit of their investment, they sell bitcoins. Because, everyone needs real money.Everyone hopes to invest a little bit in the bitcoin. When everyone sees their expectations, then everyone sells bitcoin for real money.
Besides, many people sell bitcoin to avoid loss.
newbie
Activity: 14
Merit: 0
December 31, 2017, 12:00:53 AM
Common answers why people sell bitcoins is for the reason that people need it and they need to buy something else. May it be something like small or not, people need to sell because probably they have invested and earned much already. And it is not bad to sell it if you have enough or you are okay with it. You can sell some and allow other bitcoins to be on hold so it will continue to grow.
newbie
Activity: 34
Merit: 0
December 30, 2017, 11:25:33 PM
 Smiley hey i am Bkjones! The reason 'why people sell bitcoins' to gain bitcoins because its gains knowledge of Bitcoin trading and technics of Bitcoin trading.another reason is if u need money then afourse u sell or exchange in money
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
December 30, 2017, 11:08:31 PM
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 of course , if you are in need of course you have to sell your tokens as exchange for money which you can use for convertion into your local money that you can use anywhere in you country.  People sell bitcoins I think because the price is really high and of cour for investments.
newbie
Activity: 83
Merit: 0
December 30, 2017, 11:01:43 PM
People sell bitcoin because they want to exchange into cash to spending it for their purposes.
member
Activity: 119
Merit: 14
December 30, 2017, 10:18:20 PM
In my opinion ,people sell there bitcoin to get money .Money still needed in globalcity eventhought the price of bitcoin increase drastictly in year 2017 .But we didn't know how much the price of bitcoin in year 2018 .
jr. member
Activity: 336
Merit: 1
December 30, 2017, 12:45:29 PM
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.
I think that many people who bought bitcoins are not morally ready for what is happening in the crypto currency market.
1. You need to understand what kind of income you want to get, at what price to sell, the exit point.
2. Understanding generally crypto currency, what is it all for and what is their future.
When people answer themselves to these two questions, then it will be clear why they do it. Can someone fix a profit of $ 12000!
full member
Activity: 126
Merit: 100
December 30, 2017, 12:31:33 PM
People sell their bitcoin to make a profit out of it, or sometimes something as typical as they need cash for their daily needs, just like me rather than holding bitcoin to profit from it, I sell it or turn it into cash for my needs .

There are many reasons I think. It is not so easy to generalize this issue. Some people sell it because they need money, some people wnat to get profit, some people is selling becasue they fear that their money can be destroyed tomorrow.
member
Activity: 182
Merit: 11
December 30, 2017, 12:25:34 PM
People are working hard so that they can make some money at the end of the day to meet their expenses. Some tend to invest their money in different types of businesses so that they can make some additional money using their available money rather than keeping them looked in a safe.

Out of many forms of investments, cryptocurrency is new trending one. But at the end of the day, you have to convert them do fiat currency so that you can use them for you requirements. Anybody who invest some money in some business has personal goal, stating that how much they are targeting to get out it. So people get rid of the investment and get the return once it reaches their target. Also, people starts to sell when they feels there is a risk building, and they want to avoid getting compromised their money.
full member
Activity: 281
Merit: 100
December 30, 2017, 12:05:58 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.
They sell bitcoin bacause they want some money to buy their daily needs and wants. We have different need and wants so I think although they want to keep it they will sell it to fulfill their daily needs.
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