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Topic: Why people sell bitcoins? - page 58. (Read 9911 times)

full member
Activity: 378
Merit: 100
December 13, 2017, 12:11:03 AM
The people have many categories like some of them want to get a steady income through the sell of bitcoin while some of them keep it for future use and some of them can hold it that they can use for buying of many commodities in the future. but for me it is necessary to hold a good amount of bitcoin to use it for trade in the future.
full member
Activity: 364
Merit: 100
December 12, 2017, 11:55:55 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.
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.
lucky for us my countrymen because our government doesn't involved in government yet. government here are still focus with war of drugs issues and so on. so, us bitcoiners here are still free to invest and use bitcoins. but for me, i'd rather invest my bitcoins than to convert it to fiat and spend.
full member
Activity: 1036
Merit: 109
December 12, 2017, 11:54:45 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.

Perhaps the reazon behind this is the fact that tbose people really need the money. The thing is we cannot blame them for selling whatever profiftable assets they have. Plus, we are also aware that bitcoin can only be used through the internet, therefore any transacrions done outside the internet is not applicable for bitcoin or other cryptocurrencies.
member
Activity: 60
Merit: 10
December 12, 2017, 11:49:05 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.
Because at first they buy bitcoins as investment and then when the price of bitcoin is increase then thats the right time to sell the bitcoin to buy what they want.
full member
Activity: 770
Merit: 113
December 12, 2017, 11:45:41 PM
whether sold or stored, depending on each person. most people will sell bitcoin because it has got a lot of profit with the price at that time, if not immediately sold the price potentially down and can lose.
member
Activity: 532
Merit: 17
December 12, 2017, 11:43:31 PM
Peoples not always sells bitcoin.
They buy bitcoin when the price is low, and sell bitcoin when the price high.
It's obvious, investment and then get profit.
full member
Activity: 210
Merit: 100
December 12, 2017, 08:20:08 PM
Here are many reasons why people sell their bitcoin and especially today many sellers of their bitcoin because the price of bitcoin is very high and sell in their currency and there are also many rich investors that the choice to invest in bitcoin and so is rising Bitcoin is still a lot because its many buyers even the price of each bitcoin around $16500.
hero member
Activity: 2408
Merit: 584
December 09, 2017, 12:31:13 PM
I think the main sellers of bitcoins are stock speculators and, of course, miners. I met several miners in my city and every month I buy bitcoin from them.

The vast majority of investors adhere to the HODL-strategy
That’s pretty much true. The common investors are not in favor of selling off bitcoin frequently rather as you have mentioned, they are in favor of keeping bitcoin in their wallets for long time until and unless bitcoin has not achieved any new amazing target. These people don’t have very good technical knowledge about bitcoin, so they believe in this simple strategy of making money with bitcoin.
hero member
Activity: 546
Merit: 500
December 09, 2017, 09:11:06 AM
people sell bitcoin when the price reaches the right level to make money...and also when they are afraid to lose
member
Activity: 146
Merit: 10
December 09, 2017, 01:08:38 AM
For me i' ll sell bitcoin when the price is high and i need money to covered my necessities then buy again when the bitcoin price goes down to invest again more bitcoin.
hero member
Activity: 2128
Merit: 520
December 09, 2017, 12:57:27 AM
If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.
Same position to mine mate, most of the time bitcoiners sell their bitcoin for another business venture or for some emergency purposes,
most of us thinks that what we have is already enough to release what we hold and start enjoying that money, while others are still having
a hard time to take a decision because bitcoin still keeps on rising high.
full member
Activity: 616
Merit: 100
December 09, 2017, 12:47:45 AM
If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.

Making a business using Bitcoin capital can seem like it makes sense, Try. My opinion
full member
Activity: 664
Merit: 112
Ethernity CLOUD
December 09, 2017, 12:46:49 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.

the bottom line is bitcoin money and bitcoin is an investment, maybe you better sell it if the price is suitable than you hoard it.
member
Activity: 364
Merit: 10
December 09, 2017, 12:44:18 AM
If I am in the position of the person who sells the bitcoin I think when doing it is because to start a new business that is more profitable and the money from the sale of bitcoin is used as capital, or if it is the state of the economy and very urgent.
sr. member
Activity: 630
Merit: 265
December 09, 2017, 12:42:15 AM
of course people sell bitcoin to make profit and then if the price is down again, they can buy another bitcoin and then they will hold until the price is back increase. this conditions will be repeat over and over. no matter if the price is at the higher price, as long as there is difference for the buy and sell, people will used this chance to make profit. but for a bag holder, they don't do this and they only buy once and waiting until they see the price is increase so high then they will sell it.
Profit is the major reason why they always sell their bitcoin. However, some people prefer to hold it than sell it because they believe that there is a possibility that the price of bitcoin will increase in the future. If you really need cash or money you sell your bitcoin but think first before you sell it.
newbie
Activity: 56
Merit: 0
December 09, 2017, 12:39:52 AM
people sell bitcoin for getting most profit money from the bitcoin, due to on this base they sell
full member
Activity: 196
Merit: 100
December 09, 2017, 12:37:41 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.
They are selling their bitcoin because sometimes they scared about bitcoin price because the price of bitcoin is not stable compared to fiat money and some people sell their bitcoin because they need? Like paying something example is bills.
newbie
Activity: 42
Merit: 0
December 09, 2017, 12:34:07 AM
People have always been looking for the stability in their lives and with the Bitcoin unpredictability for some people stability is not certain. Some of them are afraid of the stabilization price that can happen very soon. I personally think that Bitcoin will rise even more and its base of investors will drive it to rise more and more in the value. Other people are in need of the money and Bitcoin represents only a way to improve their real life and with BTC standing still in the wallet they cannot do anything. Cause of that they are selling it to pump their steady income. Bitcoin is decentralized and because of that many people, cant do nothing else with it then wait for their countries to accept Bitcoin as such. Bitcoin represents passable currency for some and steady income in the terms of the saving for others.
member
Activity: 245
Merit: 10
December 09, 2017, 12:10:51 AM
Yes, I think now people are eager to sell their bitcoin. Its value is quite high. Many people just look at the profits of the current bitcoin. Not seeing that its future will grow even further. If you do not know saving bitcoin I think then you will regret it
full member
Activity: 456
Merit: 100
Borderless Mobile Finance Marketplace
December 08, 2017, 11:45:36 PM
There are several factors why would someone sell bitcoin
1. the necessities of life
2. hacker-prone wallet
3. do not want to invest in the bitcoin
4. the price of the bitcoin soared
in my country also prohibits bitcoin, but I will still keep it because bitcoin this is the best investment that I have come across
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