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Topic: Why people sell bitcoins? - page 72. (Read 9911 times)

full member
Activity: 812
Merit: 102
December 02, 2017, 06:20:42 AM
People lock in the profits, thinking that the bubble has burst, and in fact this is a normal correction before the next jerk.
full member
Activity: 420
Merit: 100
December 02, 2017, 06:18:26 AM
maybe they need money thats why they sell their bitcoin and selling bitcoin is very normal in trading industry. another thing is maybe they got a profit thats why they sell it now.
full member
Activity: 644
Merit: 100
December 02, 2017, 06:16:38 AM
I think people are selling bitcoins because they are afraid of hardfork predictions that will happen in 2018, so to avoid losses they choose to sell their bitcoin, but I think if it happens simultaneously and massively it will actually make the price bitcoin becomes worse.
sr. member
Activity: 448
Merit: 251
December 02, 2017, 06:08:31 AM
When the great uncle wants to make a difference in the courses, they wreaked havoc on the market and sent the currency on sale. At this point, all the hamsters start to sell because they are afraid for their investment. Then the rate starts to grow again and hamsters are buying the same currency, but more expensive than we sell. This is a great tool uncles for a relatively passive income.
sr. member
Activity: 363
Merit: 250
December 02, 2017, 05:52:08 AM
People sell bitcoin for two reasons, bitcoin price is high or they need some money for themselves, but for me they sell it because the needed it, even I will sell mine too if I need some money.
full member
Activity: 420
Merit: 101
December 02, 2017, 05:50:41 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.
i think some people got panic because sometimes theres a lot of  negative news about bitcoins and some people need moneyt so thats why they need to sell their bitcoins but for me its better to hold your bitcoins because if you hold your bitcoins you will get more money in the future .
full member
Activity: 224
Merit: 100
December 02, 2017, 05:49:52 AM
At this moment bitcoins' value is unpredictable , suddenly it rises then with just an hour slowly falls.As a bitcoin holder, the high pump of bitcoins' value can really attract us to sell it to gain more profit and some consider this moment as harvest time. Thinking that after a big pump all of a sudden it'll dump.
member
Activity: 104
Merit: 10
Bitcoin|||Altscoin
December 02, 2017, 05:46:42 AM

Selling Bitcoin is normal thing if the holders or traders feel its time to sell.
I know how difficult it is to be in country that is greatly base on paper money, government is still skeptical to bitcoin same here in our country
member
Activity: 224
Merit: 10
December 02, 2017, 05:23:56 AM
hahaha the question is amazing, they look for bitcoin if it is not sold for what else? instead of the only way to convert a digital currency into a real world currency simply by selling it
member
Activity: 168
Merit: 47
December 02, 2017, 04:54:01 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.
Most people will sell their bitcoin if they get profit. If they buy high and the price down after,  i think most of them will just hold it and waiting for the price go back and sell in profit.
sr. member
Activity: 2422
Merit: 357
December 02, 2017, 04:51:23 AM
Its sad to hear that your country forbids the opportunity on bitcoin. I think the average bitcoiner that holds and sells is 25/75 ,  75 in favor to those who hold. People sell their bitcoins in many reasons like paying bills, buying some leisures, converting into fiat to have cash buffers and many more.
full member
Activity: 182
Merit: 120
December 02, 2017, 04:34:12 AM
Everyone who have bitcoins would surely prefer to hold it and treat it as their investment. However there are instances in life that pushes us (btc users) to sell or to convert our btc to fiat. Its better if we still have emergency fund so we will not be tempted to convert our btc.
member
Activity: 168
Merit: 10
December 02, 2017, 04:33:48 AM
It is just an Investment and its always better to hold it, but in case you need money urgently then you can sell it but keep holding as first priority because bitcoin will rise upto $20k by the end of 2018.
full member
Activity: 286
Merit: 100
Global Risk Exchange - gref.io
December 02, 2017, 04:29:28 AM
they afraid bitcoin become lose price and it become worthless so that why sell bitcoins
member
Activity: 140
Merit: 10
December 02, 2017, 04:25:01 AM
In my opinion when asked "I would sell all my bitcoins if…" answer from an speculation standpoint and look at the near future (maybe not more than one year) and say we will sell out bitcoin.
on the other hand a lot of it is because of the bitcoin price history . many are expecting another rise (pump) to the moon and after that they expect that history repeats itself which means another crash! as the result they will consider selling at high prices to gain this profit and get out before the crash.

but what you are saying is a scenario in which bitcoin price actually goes up and not just get pumped to the moon. in that case i personally don't see myself even considering selling my bitcoin because it would be the most valuable thing in the world!
full member
Activity: 560
Merit: 100
December 02, 2017, 02:55:47 AM
People sell bitcoin because they want money to  buy some daily needs like food medecine and other needs .Sometimes we want  to hold our bitcoin until the price high but we have any kind of responsibilities  in our life  and any kind of problem also thats why we cannot  hold our bitcoin long.But others they hold their bitcoin until the price is good .
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
December 02, 2017, 02:42:57 AM
people buy bitcoin in low price and sell them to get high profit . they hope to get double profit and when bitcoin reach high platform people sell them. So they can earn huge profit &living a good life
newbie
Activity: 238
Merit: 0
December 02, 2017, 02:38:13 AM
When a person purchases Bitcoin for a business, he hopes to get it from it. So when Bitcoin prices are low, a trader buys it and sells it in a bull's eye.
full member
Activity: 966
Merit: 102
December 02, 2017, 02:11:59 AM
People include me sell bitcoin is just to cash out to buy some stuff for life like rice, vegetables and meat.
So selling the profit to continue our life.
And also some people sell it since its high price and good point to sell.
You have a very interesting answer. Bitcoin is traded. It is like a commodity. If it makes a profit that matches your expectations, you have the right to sell it. But now it seems that purchasing power is bigger than selling. There are many people who want to own a bitcoin. Thus bitcoin prices have increased
full member
Activity: 280
Merit: 101
November 29, 2017, 05:19:51 AM
People include me sell bitcoin is just to cash out to buy some stuff for life like rice, vegetables and meat.
So selling the profit to continue our life.
And also some people sell it since its high price and good point to sell.
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