Topic: Why people sell bitcoins? - page 78. (Read 9911 times)
It's many country to prohibited and going to regulate Crypto currency like Bitcoin or any other altcoin like India soon make a Constitution Amendment to regulate cryptocurrency it's one of the trending example
It is easy for people to sell bitcoin because they think bitcoin has come to its own psychological level and think bitcoin is expensive and not suitable for holding.
Maybe you are right Harley. But I think not all people who sell bitcoins think that bitcoin is not suitable for holding. There are some people who sell their bitcoin because they have no choice. Let's say for example, those who are investing almost all of their fiat money for bitcoin and suddenly after few months of joining in bitcoin, one of his or her family members got hospitalized and he or she has no other money that can be used except his or her investment in bitcoin. So I think in that case, they need to decide immediately to sell bitcoin.
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 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.
Yes if the government forbids use and play bitcoin, useless to keep it, the government can ban the bitcoin. Some country not ban bitcoin yet, we can keep it for future to get the profit. Either the government not legalized yet. But our hope someday worldwide can accept and legalized bitcoin.
For me, bitcoin should circulate and not hold for a long time to make its price stabilized and make the e-commerce businesses accept payment in bitcoin. This is the very reason why bitcoin is made in the first place and I believe that all of free lancers and investors will benefit from this.
People are free to use Bitcoin how they want. Bitcoin isn't performing well enough to function as a currency tool that serves us in the exact way fiat is serving us. Currency needs to offer stability, usability and convenience.Nothing beats fiat in these aspects. I pay for things instantly, for free, enjoy buyers protection, enjoy goods insurance. It's ultimate user satisfaction. Why would I feel tempted to spend Bitcoin?
Aside from all aforementioned aspects, we even before spending our Bitcoins know that the price will continue to increase, and thus know that we'll later surely regret having spent them to buy whatever goods.
Currency for me? No thank you.
We sell our bitcoin because we need money for our daily needs. We enter bitcoin because of the money that we can earn in doing it. So when we earn bitcoin we sell it right away so we can use it. We sell right away because we don't have another source of income aside from bitcoin.
For me, bitcoin should circulate and not hold for a long time to make its price stabilized and make the e-commerce businesses accept payment in bitcoin. This is the very reason why bitcoin is made in the first place and I believe that all of free lancers and investors will benefit from this.
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.
Simple thing,when you think that Bitcoin is a good investment then you can always choose a good price, So if you get a good price then you must sell your stock. besides this chapter, You can sell your Bitcoin whenever you want and when you need money. I think Bitcoin is the safest platform for saving and investment.
Exactly. The reason why you even deal wih bitcoin in the first place is because you're into profit it can give. So there should be a target amount. That's a reason to sell btc when you hit that amount you're looking for
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.
Simple thing,when you think that Bitcoin is a good investment then you can always choose a good price, So if you get a good price then you must sell your stock. besides this chapter, You can sell your Bitcoin whenever you want and when you need money. I think Bitcoin is the safest platform for saving and investment.
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 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 sell their bitcoin because they feel enough with the profits they need, they need money or they sell because of the high price and worry when the price will go down, so there are several reasons I think
Because people need cash in some times most who get bitcoin use it to trading (sell / buy ) in short time . little only hold it
Many people can't stand watching big amount of money in their wallet,and some people need money because they facing big problems,and some people sell bitcoin because they buy it in small amount and sell it into bigger amount.
Some people sell bitcoins because they are afraid they might lose their profit if bitcoin price will continue to dump. Some people sell it because they need money for their personal needs. Some are doing buy and sell. There are different reasons why they are selling it.
This is correct. Traders aim to maximize their profits. They cannot remain married to their investments. If Bitcoin has a good run and traders expect the trend to reverse soon, they would sell it and book profits. Of course, there will be passive investors who continue to hold Bitcoin through various ups and downs.
Maybe people need money urgently.Also when people face some personal problem and they don't have any cash then they sell their bitcoin for their personal needs.Also they need money in many purposes
Some people sell bitcoins because they are afraid they might lose their profit if bitcoin price will continue to dump. Some people sell it because they need money for their personal needs. Some are doing buy and sell. There are different reasons why they are selling it.
bitcoin is sold for our personal needs because if bitcoin is used directly for transactions in my country it has not got permission from the government then it must be sold first so it could be money for the transaction. if bitcoin is invested I think it's not too safe even though its big profit.
People sell their bitcoins because they need money for different purposes and to provide our basic or daily needs for their families or for themselves, that's why people are working very hard to earn bitcoin because bitcoin is very profitable.
they sell their bitcoins because number one reason is they need the money ,second they are not have patience to hold their current holding bitcoins . thats my personal opinion.
Well you have some point here but in my opinion. We all see that bitcoin value right now are totally damn! freaking high right now. So basically we all say they are selling there bitcoins because bitcoin price right now are totally high. That's my opinion or because you're right they don't have patient to hold their bitcoins
Sometimes we need money, so we need to sell bitcoin 
I think too that bitcoin is a long-time investment, the more you can keep them the better it is
I think too that bitcoin is a long-time investment, the more you can keep them the better it is
People use the corrections periods to sell high and buy the dip, increasing their number of bitcoins. In the same time do not forget there is a whole altcurrency market, even more volatile where people are looking for the unicorns - 10x, 100x returns. They switch from BTC to other currencies and back.
Well the period of selling is no required time but we need to sell our bitcoin to make profit and provide our daily need i believe that bitcoin is really profitable when we know how to get timing during selling. people do selling bitcoin because of thier daily need because we as human we need to eat foods wear clothes etc and those thing are expensive thank to bitcoin it gives is hope.
well, every person have their own strategy to investing their money in bitcoin or other cryptocurrency. There's a lot of users are doing a buy and sell when it's on peak or bottom. And there's also users that hold it for long term and would cash out with a spesific time.I thought, Those who selling their bitcoin believe that they will earn more profits while their selling it on high, and might be buying back again when it's down. Or there's another reason like the goverments are looking the cryptocurrency was a threat or a scam, so they can't keep their money in it for long term, because the goverments could banned it at any time.
Jump to: