Why people sell bitcoins?

[Monkeydluffy001]

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.

Agree on this statement, well it's kind of game of thrones here in bitcoin talk, either you sell it or keep it, it's a matter of time tells you what should be done on your bitcoin talks. This literally will test your  will on how you value time and money at the same time. Learn to forecast day by day.

[RKSummer]

Why people sell bitcoins?

Because you need the fiat equivalent, that's why.
Some can't hold forever as most important we are not immortals.

We had a thread about the average age and it came to no surprise that most of the old investors were already over 40 and even 50.
Why keep bitcoins and cash in when you're in your 60?
Are you going to waste your life watching numbers and hoping to be a billionaire for two second before you kick the bucket?

A lot of buyers are content with a 30x or even a 10x profit.
Not everybody want to take a risk of losing it and would rather enjoy the gains that watching green and red candles forever.

People sell their bitcoin because the price is very promosing. And also people sell their bitcoin because they need it to convert into cash to use it in a very important matters. He/she have to sell it because he/she needed it so badly.

[samimot]

because they need to convert it into cash to provide their daily needs

[X2PR8888]

People sell bitcoins simply because of one thing and that is to gain something from it. They sell bitcoins to trade and eventually invest it sonas to get more in return.  They also sell bitcoins because they believe that in doing so, you would get a value which you know is good enough for you for whatever reason that might be.  People sell bitcoins too for the very obvious reason of getting its equivalent monetary value as how others said so and I could not agree more because you sell things expecting to get money from it which you will use to purchase something else which you may need or want at the moment.  So yes, people like me sell bitcoins because I want to get it's fiat value intact (not so much loss and more gain hopefully) if possible before it's too late (knock on wood).

[SangkuniBird]

I suggest if bitcoun is still not legal in your country, maybe you should often use and invest it. You can wait until your government rights. Recognize bitcoin. And for your next question why people are selling their bitcoins and instead of storing them, there are several types. Users of bitcoin, some are just focusing on small profits if they see bitcoin being higher, that's a signal for them to sell their bitcoins but sad to say they are dumpers like in other altcoins. And I believe this holdong power comes from a group of merchants and their miners are the owners of bitcoin holders. They often sell bitcoin and cjhoose to keep their bitcoin for future profit.

[Clover_Faith]

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.

But we know that government cant stop bitcoin most specially the bitcoin user because some of the user only survive for their daily lives is because of the bitcoin. this is the one who support to sustain their daily needs.
We know using bitcoin can get a huge profit that can buy things we want and selling bitcoin is a good way to earn money that we can use in the market.

[smile1218]

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.

One of the most reason why people sell bitcoin its eaither they had gained already a profit or they are in the state of panic.

[ice098]

People sell bitcoins when BTC price comes bigger. We might sell it than keep it   cause bitcoin has an UNSTABLE PRICE

They sell there bitcoin because the price is higher when they sell it, also they attracted to higher price and they need fiat thats why there sell their bitcoin. Sometimes i sell my bitcoin when i know its very high price but i never regret it because it help me in my need for my daily expenses.

[Tuanken897]

Hello all.
Today bitcoin price is going down.
I think People are selling them and switching to buy bitcoin cash. Because bitcoin cash has 8 decimals so its transfer time is faster than bitcoin
Investing Bitcoint now will has more risks

[setupbounds]

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.

For investors, it is their way of gathering the rewards of their hardwork. But another reason is maybe they are really in need of.money since wea all know that its market value is conrinuously increasing. What's the connection? So since its price is continuously growing, it would be much practical on not to sell it but rather hold it to earn huge profit in the future.

When bitcoin is continuously increasing in value and you think you are able to make some good profit by selling off bitcoin at present prices, then I don’t think so there is anything wrong and this is what people do in order to be successful with bitcoin i.e. buy it at cheap rates and sell it off during pumps. The pressure you are talking about self-created so we can easily overcome it and reduce it by staying calm and believing in bitcoin.

[Golftech]

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.

One of the most reason why people sell bitcoin its eaither they had gained already a profit or they are in the state of panic.

Most of them for sure already gained a lot that's why they are taking advantage, shaking the market will create panic and because they know the drill they will sell then they will buy back after seeing the crashed, buy low and sell high that's the real deal here inside crypto industry.

[2Godbdglory]

And most of the whales that have Bitcoin
trade to profit by buying cheap and selling expensive.
People know the price will always rise in the long term,
but the price will always fall before ,  I ve discovered that the price has been risen for quiet for sometime

[muhdede]

there are many reasons why people sell bitcoin but most of all is due to high profits. they are fooled by the issue and panic at the bitcoin price that goes down, but the most people forget bitcoin prices will always go up no matter what buyers will always be there and repeat buy and sell on trading systems.

[Prk_7]

To earn profits in short time people sell Bitcoin. It is an investment, it may give you profit or it may give you loss. If you're sceptical about loss than best is to sell after some small profit and invest the small profit so that no loss of initial money is there.

[codered000]

Because bitcoin is very volatile and they're afraid to lose big amount of money once it's price drop. And if someone invest in bitcoin and its price pump they tend to sell before their profit gets low or the bitcoin drops. Others also sell because they needed money and they don't want take big risk if the bitcoin drops.

[Weaklies]

Bitcoin usually sells in hopes of gaining. Always remember one thing that a buyer or seller is always afraid when the Bitcoin market price decreases. So they do not want to take more risks and sell short profit without leaving them. Because no one can say for sure that when the price of bitcoin increases or decreases. So they suffer from depression.

[sudip76]

Because most of them get good profit from their bitcoin so sell their bitcoin and get profit. when bitcoin price go down then again buy bitcoin and hold it for long term. it is a good strategy for make good money from bitcoin.

[Harley29]

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.

One of the most reason why people sell bitcoin its eaither they had gained already a profit or they are in the state of panic.

Most of them for sure already gained a lot that's why they are taking advantage, shaking the market will create panic and because they know the drill they will sell then they will buy back after seeing the crashed, buy low and sell high that's the real deal here inside crypto industry.

There can be two reasons for that first one when you need to buy something so you can sell it and secondly investors are selling bitcoin because they buy bitcoin with low price then they keep it on hold and when its price go high then they are selling bitcoin because it give profit to them as now a days a lot of people are selling bitcoins I’m also selling bitcoin to get a good profit from it and this time its profit is very high.

[farwellbit]

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.

This is the only proven effective way of making profit in trading. This is a general rule all over the world in any market if you really want to earn some handsome profit, you are supposed to buy things at low prices and sell them off at higher ones.

Bitcoin is also a method of becoming rich for people, everyone is treating it as an asset and for that they are supposed to hold it for long time but those who are using it in trading, they need to follow this rule.

[asexypotato]

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 they can't manage they'r anxiety and lose control over high prices.... letting millionares buy them.