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Topic: Why people sell bitcoins? - page 8. (Read 9918 times)

newbie
Activity: 84
Merit: 0
February 10, 2018, 06:41:19 AM
 Someone is probably afraid to lose. And someone on the contrary, can not badly earn money. Is not it?
member
Activity: 154
Merit: 10
February 08, 2018, 12:02:09 AM
People sell bitcoin to get money, when bitcoin prices drop almost everyone goes to buy bitcoin then when prices go up they sell bitcoin this is done because they expect to get as much profit as possible from bitcoin.
member
Activity: 101
Merit: 10
Crypto is everything!!
February 07, 2018, 07:29:21 PM
Actually, Nobody wants to get loss with their investment money. So when the BTC going down they sold their BTC because of they are afraid to loss money!
full member
Activity: 378
Merit: 100
February 07, 2018, 07:15:46 PM
Each bitcoin sale has its own reasons and where they have sold the bitcoin. Maybe they sell it because they need money for emergency purposes. Another reason is that they are afraid and think that bitcoin prices will suddenly go down and will never return to that value again. Cool
full member
Activity: 238
Merit: 100
February 07, 2018, 05:45:25 PM
People sell their bitcoin against other cryptocurrencies to increase their bitcoin balance! Or cash out in front of the unstable market. Personally, I prefer to hold and wait for the next few months!
full member
Activity: 202
Merit: 102
February 07, 2018, 05:37:47 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 people will hold their bitcoin now since the price of bitcoin dropped so low and why they sell it?? Of course, when bitcoin gets high again they gonna sell bitcoin so they have double and triple income money.
member
Activity: 448
Merit: 10
February 07, 2018, 05:30:57 PM
one of the reason for sell bitcoin, if people get already profit only they are sell bitcoin. but now btc is holding time.
newbie
Activity: 238
Merit: 0
February 07, 2018, 05:04:19 PM
The primary reason why an investor puts his/her money in bitcoin is to make profit. Why holding your Bitcoin, the longer you wait for it to rise to a reasonable point the mostly likely you stand to gain from. Waiting sometimes can be scary, but are free to sell at any comfortable bitcoin price. People actually sell out of fear of Bitcoin price dropping drastically.
member
Activity: 949
Merit: 48
February 07, 2018, 04:53:23 PM
lot of people sell their bitcoin to earn FIAT money for their daily needs.some people doing crypto currency as their main income so that is fair.But some selling bitcoins because of fear.They think bitcoin will die soon.Government regulations and other fake rumors are the main reason for that.They just following the news from social media and dump bitcoins.But again they buy back after bitcoin go high.and some selling bitcoins because they are day traders.they always happy with small profit.These are the reasons according to my point of view

Yes i agree with that , regarding to many survey. Mostly bitcoin invested to family need, daily need and people wanted. And also many users sell their bitcoin if the value is high that the time they sell their bitcoin, like what you said people also afraid by silling bitcoin. Their are many reason why people selling it. That is the fact why we need to sell bitcoin.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
February 07, 2018, 03:44:00 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.
Money is the seccond god all over the world .Sometimes we faced a big problem and need  to sell everything .But people sell for bitcoin some reason
1.need huge money
2.get a target profit
3.sell for bitcoin panic
Now many people sell their bitcoin for panic because they think bitcoin will be down anytime .But crypto currency is a place where hold is gold thats means never sell panic or low price and always try to buy low and sell it high.
newbie
Activity: 336
Merit: 0
February 07, 2018, 03:29:44 PM
Virgin Money joins ban on buying Bitcoin on credit cards

Some us bank ban buying bitcoin just on credit card
But some media have been announced that us ban bitcoin and this effect all the market
Be patient and dont listen to rumors
copper member
Activity: 298
Merit: 11
https://wesp.io
February 07, 2018, 03:25:20 PM
lot of people sell their bitcoin to earn FIAT money for their daily needs.some people doing crypto currency as their main income so that is fair.But some selling bitcoins because of fear.They think bitcoin will die soon.Government regulations and other fake rumors are the main reason for that.They just following the news from social media and dump bitcoins.But again they buy back after bitcoin go high.and some selling bitcoins because they are day traders.they always happy with small profit.These are the reasons according to my point of view
full member
Activity: 392
Merit: 106
February 07, 2018, 03:13:40 PM
There can be so many reasons behind selling bitcoin.Firstly people sell bitcoins to fulfill their needs.Secondly people sell bitcoins when their bitcoin price ggies upto their desire level or more. There are so many reasons like these behind selling bitcoin.
member
Activity: 224
Merit: 10
February 07, 2018, 02:52:39 PM
People sell Bitcoin to make profit or reasonable loss or panic sell. Everything revolves around money.
newbie
Activity: 58
Merit: 0
February 07, 2018, 02:49:42 PM
Thay might also be selling because thay believe it will og further down, to buy in at lower price. And of course there is a lot of panic selling because of the FUD.
jr. member
Activity: 31
Merit: 1
February 07, 2018, 02:46:51 PM
People sell bitcoin because they are panic of prices but later they will release they are doing mistake bitcoin will bounce back very soon
full member
Activity: 125
Merit: 100
February 07, 2018, 02:38:23 PM
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.

I strongly agree on your opinion that, 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. And adding also my opinion that, Bitcoin was actually invented to be an alternative to fiat not just a store of value and a commodity to be traded. In addition, To claim profit and to liquidate assets? Traders often sell their coins whenever they already attained their desired profit, and buy whenever they got their desired entry price. On the other hand, holding bitcoin is good, is like investing in one establishment because you can earn money from that it is a simple way of investing in bitcoin. But some peole sell their bitcoin it because they need fiat money to buy their needs and want
member
Activity: 168
Merit: 10
February 07, 2018, 02:26:25 PM
People are mainly selling because they don't know the real value of their digital asset. Bitcoin will eventually become a simbol, and a symbol never dies. Bitcoin is forever.
sr. member
Activity: 913
Merit: 252
February 07, 2018, 02:25:20 PM
Profit booking is not peculiar to Bitcoin or other forms of crypto-currency. It happens with other assets, such as real estate, equities, mutual funds.etc. So it is not surprising that some people are selling their coins.
member
Activity: 154
Merit: 10
February 07, 2018, 02:20:20 PM
Well selling bitcoin for a greater profit or to earn a profit is good. Bitcoin is investment that is why we sellnour bitcoin at a higher price otherwise keep it and wait for the price to increase again.
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