Pages:
Author

Topic: Why people sell bitcoins? - page 43. (Read 9911 times)

member
Activity: 197
Merit: 16
December 29, 2017, 05:55:58 AM
People sell their bitcoins for their financial needs and wants. One reason also is that for them to help their families who don’t have enough income to support them. Some people sell them for profit, to have higher value in return.
I think those are the main reason why people sell their Bitcoins; in our daily lives, we have our daily needs and wants so we need to have a cash and selling Bitcoins will make you gain fiat money. Also, people sell their coins when the value increases; when it it does, it will be a good opportunity to earn or doubled their investment. This will make their profit an ideal one.
jr. member
Activity: 50
Merit: 10
December 29, 2017, 05:48:42 AM
People sell their bitcoins for their financial needs and wants. One reason also is that for them to help their families who don’t have enough income to support them. Some people sell them for profit, to have higher value in return.
full member
Activity: 406
Merit: 100
December 29, 2017, 05:22:23 AM
Cause not all people have ability to hold bitcoin. For example me. I hold bitcoin for special purpose. And will sell it, when it will be enough.
hero member
Activity: 1008
Merit: 501
December 29, 2017, 04:34:25 AM
Bitcoin is quite scary for governments because they usually get along well with the banks, so bad news always come out and people panic and sell. This, however, can't remain this way because people worldwide are still interested in bitcoin so I think it will continue to grow
member
Activity: 88
Merit: 10
Machine Learning & AI - Trustless Ledger System
December 29, 2017, 04:34:13 AM
people think that bitcoin has reached the peak of its value but does not realize that it is necessary to wait for the price to rise and then sell
Bitcoin price going to more high so that's why everyone sell bitcoin and maybe they need some money for family , so bitcoin can fulfill everyone's desire and they live in comfortable life, that's why government will legalized this forum by its price and its uses because bitcoin is not illegal currency, it is a best part time job for those who want to earn some extra money for their future and family.

It is a bit more complicated than that I think. There are two kind of seller. First kind is selling little percentage when price goes high to make some money. Second kind is selling majority of their portfolio when price drops. These are selling because of fear.
newbie
Activity: 31
Merit: 0
December 29, 2017, 04:31:26 AM
two words "country ban" some country thinks that bitcoin is illegal so they banned it and some people needs profit in everyday life so they sell it just to have money
newbie
Activity: 56
Merit: 0
December 29, 2017, 04:25:16 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.

Still most of people seeing it's an investment only .. so they selling it for high profit..
full member
Activity: 340
Merit: 100
December 29, 2017, 02:10:34 AM
Usually investors sell bitcoins to benefit from the coins they sell. They know the right moment to sell all their coins and earn a big profit.
full member
Activity: 588
Merit: 111
I love the Cryptocurrency world
December 29, 2017, 01:47:01 AM
people sell bitcoin, because for profit, or  they need to sell. sell bitcoins is part of the market. here in venezuela here in venezuela use bitcoin so can store value due hiperinflation so people use it and sell it due a necesity.
newbie
Activity: 72
Merit: 0
December 29, 2017, 01:39:15 AM
they just get profit that they want. money always chase more profit to buy profitable altcion.
hero member
Activity: 980
Merit: 502
December 29, 2017, 01:17:51 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.
I think it is better if you will not be using bitcoin since you said that the government forbids the use of bitcoin, it other words, they banned it in your country.

People sell their bitcoins because they need money or they want to get their profits out of their saved bitcoin.
every people sell their bitcoin at different different situation . Most of the people sell their bitcoin when the price of bitcoin will reach maximum price. Some people sell their bitcoin when their is need of urgent money. People sell their bitcoin when their is drop in the price of bitcoin is take place. To full fill their dream people also sell the bitcoin to complete their dream.
full member
Activity: 308
Merit: 100
December 29, 2017, 12:40:10 AM
isn't it just some natural phenomenon of the trading market that normally people would like to gain profit in the matter of time and would buy it again when the prices goes down. either than that, maybe it's some urgent need for some people to sell it  Smiley
member
Activity: 293
Merit: 11
Eros Di Caeli
December 29, 2017, 12:32:13 AM
people sell theirs bitcoin because they want to start earning money, the fluctuations of bitcoin have generated distrust of people, in my opinion taking risks is the key to success in the world of cryptocurrencies.
full member
Activity: 728
Merit: 131
December 28, 2017, 03:34:24 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.
some bitcoin holders do sell their bitcoins for fiat or exchange for alts especially after the segwit which just happened few moments ago , this will give effect to bitcoin price to fell but once that happen so many people will buy back some bitcoins just to enjoy the profit of the pump of the bitcoin price. this happens all the time
newbie
Activity: 19
Merit: 0
December 28, 2017, 03:23:19 PM
To earn money or profit People are trading online so, easily we can say that the people sell their bitcoins to solve their money problem or they want to achieve their goal.
member
Activity: 308
Merit: 10
December 28, 2017, 03:09:40 PM
people think that bitcoin has reached the peak of its value but does not realize that it is necessary to wait for the price to rise and then sell
Bitcoin price going to more high so that's why everyone sell bitcoin and maybe they need some money for family , so bitcoin can fulfill everyone's desire and they live in comfortable life, that's why government will legalized this forum by its price and its uses because bitcoin is not illegal currency, it is a best part time job for those who want to earn some extra money for their future and family.
member
Activity: 574
Merit: 10
December 28, 2017, 03:04:34 PM
What we know every day bitcoin price increases, because many people use bitcoin as an investment tool and transaction even though I need bitcoin, I will not sell it but better I buy more. Because seen bitcoin price is very good we will better hold bitcoin in a long time.
member
Activity: 79
Merit: 60
December 28, 2017, 03:00:01 PM
people think that bitcoin has reached the peak of its value but does not realize that it is necessary to wait for the price to rise and then sell
full member
Activity: 182
Merit: 100
December 28, 2017, 02:56:18 PM
It really is a means of investment and many people invest in bitcoin knowing that they can make money in the short term, then they can decide to sell bitcoin to improve their economic stability or also sell at a high price and then buy when it goes down and make a difference
full member
Activity: 406
Merit: 100
December 28, 2017, 01:33:26 PM
Because it reached a very high price, higher than predicted, and people are afraid the price might drop. If that happens, they are covered. However the price can grow higher and that means it was not a smart choice to sell
Pages:
Jump to: