Why people sell bitcoins?

[Omega]

Pretty sure that they are afraid of getting to lose more than they lose half of their profit. Lose is what make change to our decision to sell immediately in order to prevent so much losses. Somehow, the market flows travel to unpredictable ways that seems hard to grasp.

[poshare]

They sell either because of urgent necessity to buy something or just of itchy hands. The lack of relevant education also is a reason.

[Doctor]

I know this is an stupid question, and i can imagine some obvious scenarios like the urgency of a dissease or real life time trouble to sell all your bitcoins at once, but... why else does people sell their bitcoins? ITs been said that mining is efficient, but buying bitcoins is even more efficient. So why would someone sell his bitcoins if their value is going to grow anyways?

Maybe because its safer to not have them all stored because they can get hacked and robbed? And if they were... "Paper firmed" (somehow i readed that one can have theyr bitcoins in paper instead of wallet i dont remember how) because they can get physical robbed or wrecked too?

What other scenarios are possible for someone to prefer selling their bitcoins instead of keeping for further upvalue?

Maybe the people sell their bitcoin because They are afraid the price of bitcoin is going down. They  are afraid lost a much.

[Putih]

I think that depends on the conditions at hand. People will sell the bitcoin they have because they have an urgent need to get money, but there are also those who are panicking they sell the bitcoin they have.

[Jun]

there are valid  and several reason  why some sell bitcoin. i think depends the urgency necessity/need of money,because there are unpredictable happening so they forced to sell it due to sudden need.otherwise some sell because of fear price going down ,so it depends the situation.

[Munareal]

 I will not sell my bitcoin for no reason.I will only sell if am in dire need to save a situation and will quickly replace. Bitcoin will rule the world and I want to be there when its of great value.

[felixesteban]

There may be many different scenarios, some people bought bitcoin while at the top and prices will not rise again according to them. And some people sold their houses and cars and now they might need urgent money.

[Garuda]

Everyone can sell coins they have. There are many people selling, one of which is to get a profit. But if the question is why people sell coins when prices go down, there are 2 reasons for that. The first reason is because they panic the price of coins is getting lower and secondly they are really in need of money to fulfill their lives.

[Master107]

They sold the tokens because they feel they don't have enough trust that bitcoin will recover again. Some reasons to be considered why they sell because of emergency cases, super dump, no bright to see.

[Elaine99M]

Not all things can be bought by using bitcoins, in other words, bitcoin is not yet accepted as universal currency like dollar or any paper money. Though there are countries that are actually using bitcoin as a currency nowadays but acceptance is still a big deal to some other countries. People usually need paper money to buy something usable and needed for family. That is the reason why some bitcoin holders converted their bitcoins into cash.

[Seerge]

Everyone has their own reasons when they are going to sell their Bitcoin, for sure all is because they want to get a bigger profit. so they speculate by selling the bitcoin they have.

[therozaq]

I know this is an stupid question, and i can imagine some obvious scenarios like the urgency of a dissease or real life time trouble to sell all your bitcoins at once, but... why else does people sell their bitcoins? ITs been said that mining is efficient, but buying bitcoins is even more efficient. So why would someone sell his bitcoins if their value is going to grow anyways?

Maybe because its safer to not have them all stored because they can get hacked and robbed? And if they were... "Paper firmed" (somehow i readed that one can have theyr bitcoins in paper instead of wallet i dont remember how) because they can get physical robbed or wrecked too?

What other scenarios are possible for someone to prefer selling their bitcoins instead of keeping for further upvalue?

In my opinion, the people sell bitcoin when the price is low ,maybe theynare afraid the price will dip and not increase again.

[chapcha]

Because they panic. It is common for some people to cut losses because they fear bitcoin falls to a lower level. I think that's fine. But I prefer to hold bitcoin when the market falls and wait for the market to recover.

[getit]

Will there be Btc if we wake up one day and realize no one is transacting with Btc. That will probably mean Btc is dead. Maybe we all have hope because day in day out, people still buy and sell Btc or transact with Btc.

[santawarrior]

There are so many reasons why people are selling their bitcoin and one of the most common is due to people are afraid for the market price to continue to fall down that possibly makes their investment from falling down continuously.