Topic: Why people sell bitcoins? - page 55. (Read 9943 times)
there is two type of trader in cryptocurrency world people invest for long term hold bitcoin they dont sell bitcoin , and people invest for short term they sell bitcoin when get some profit .
i think many reasons to sell bitcoin , one of them and the most important is ' need money '
and the second is scary .
and the second is scary .
For my opinion the people sell bitcoin because every days newspapers talk very bad about this cryptocurrency.
If their respective target price is reached, they sell. Some people just need some money to spend which is why they also sell.
There are many ways why people sell bitcoin As of now, many of the sellers of bitcoin sells their bitcoin because the price of bitcoin is very high and they sell in their currency. But for now many have invested in bitcoin because they know they will earn a lot of money on bitcoin. And so far the price of bitcoin has reached $ 20000 but it has dropped because many sells their bitcoin.
there are too many reason why people selling their bitcoin.
possible you need urgent money or be afraid of correction
but to me is for taking profit. when the price goes up to my target, i am selling my bitcoin, just a few. and save the rest for another higher price.
possible you need urgent money or be afraid of correction
but to me is for taking profit. when the price goes up to my target, i am selling my bitcoin, just a few. and save the rest for another higher price.
I suggest if bitcoun is still not yet legal in your countries maybe you should often use and invest in.bitcoin .. just wait for the right for your government to.recognize bitcoin. And for your next question why people sell their bitcoin instead of keeping , anyway there are some types.of bitcoin user, some are only just focusing on smalltime profit if they see bitcoin get higher then thats the signal for them to.sell their bitcoin but sad to say they are the dumpers just like in other altcoins. And I believed the power of holdong these are came from the group of traders and miners they are the.bigger holder of bitcoin they are often sell bitcoin and cjhoose to keep their bitcoin for future profit.
I think that at everyone the reason. Someone sells bitcoins because of the compelled need, and someone just finds new ways of higher income and in such a way receives means for further development.
I bought 1 Bitcoin at $2,000 dollars a few months ago. At the time that was about half of what I had saved being a recent college grad. When Bitcoin hit 15k and I realized I could pay off 2/3 of my student loan debt by selling it I did so. I have means of making more Bitcoin but getting rid of a majority of my debt was too much to pass up/
I think they sell bitcoin , because it's necessary like emergency funds or maybe there is something that fund to use for. But I am in favor of hodling, this has really a huge potential to get bigger profit than selling bitcoin when it hikes.
It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
People that want to make their money really fast want to sell their coins. Bitcoin can get sold later when then price is high.It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
I don't think anyone sell it just to fulfill its basic needs and just to enjoy it's profit from it other I don,t saw anyone who not enjoy it's earning from it just to invest somewhere else. I found 2 reason that why people sell their bitcoin First, people sell bitcoin to benefit from bitcoin trade. Second, people who sell bitcoin definitely have an urgent economic need. But the majority of people who sell bitcoin for want of profit
It's very simple, people buy Bitcoin at the same price, and then sell it at a higher price, and this improves their financial status.
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.
What is your country by the way? If you want to hold it then they cannot govern over it. It is yours and you alone can decide what to do with 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.
There are a lot of people who own a ton of bitcoins, and maybe they are changeing some of them in fiat to purchase goods like cars, houses and so on.
Also, there are a lot of people who are satisfied with the earnings the got so far... it is a decent win if you bought in when it was below 5-6k!
Also, there are a lot of people who are satisfied with the earnings the got so far... it is a decent win if you bought in when it was below 5-6k!
Well, there are obviously a lot of reasons as to why people may go amd sell their bitcoins. And some of the reasons i know are :
1. They are traders. They go and sell bitcoins for profit when it rises and buy alts and when price go down, they buy again and the cycle goes on.
2. They sell because of lies spreading out about bitcoins plus those price rises that are unrealistic or the big dips in price.
3. For personal needs.
Those are the onky reasons i cam think off.
1. They are traders. They go and sell bitcoins for profit when it rises and buy alts and when price go down, they buy again and the cycle goes on.
2. They sell because of lies spreading out about bitcoins plus those price rises that are unrealistic or the big dips in price.
3. For personal needs.
Those are the onky reasons i cam think off.
Some people do not like to hold bitcoins for a long time. Some people have leveraged trading, so they often buy and sell bitcoin, which is not surprising.
people sell bitcoin bcz they do trading with bitcoin.most people are holding bitcoin and buy when price low and sell when price up.
Because people are buying bitcoins for investment so once they are alreafy contented with the profit they yield based on btc current price they would already sell it other reason is they are afraid that btc would crash or just simply they need cash to spend in rea world where bitcoins can't be used.
People would sell their bitcoins for a number of reasons, the first one would be that they feel that they already want to cash out before bitcoin value even fluctuate and the other reason would be that they simply need money that has more support and can be used to buy from stores.
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