Why people sell bitcoins?

[cryptorakibul]

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?

[lutfor]

It's vary by people & all are not doing the same. Soms people don't have patience & very much worry about the present situations. But they are just doing worng I think. Why we thinking like a foolish way? We need to stay calm & wait for proper time. I think bitcoin back on the track very soon....

[kent47400]

depending on the person, for example like this:

- If there is a sudden need, such as illness, renovation of the house, etc., then I will sell the Bitcoin.
- sold to buy again at the bottom price hoping to get a profit.

[Nakmat_cinta]

maybe because they panic with the market conditions that always go down. so they sell their assets in order to buy cheaper coins

[Barkas]

maybe they panic by seeing prices falling further and not wanting to lose even more, maybe they really need money suddenly to meet their needs ..

[rizqillah]

depending on the person, for example like this:

- If there is a sudden need, such as illness, renovation of the house, etc., then I will sell the Bitcoin.
- sold to buy again at the bottom price hoping to get a profit.

Yes I agree mate, The people sell their bitcoin maybe They have  a sudden need.

[JasmineRose]

Many reason, maybe they are afraid to lost all asset, maybe need money, maybe they are won't invest again. And many other reason

[Gedang goreng]

very often those who really need money suddenly, he will give up to take their bitcoin assets, because that's the only way out the only one to get money ..

[Naswaty10]

because they want to make bitcoin a short-term investment. or they want to buy bitcoin at a cheaper price.
because of pressing economic factors and daily needs

[Sabarhati]

if he is selling right now he would have known if he would suffer a loss, and maybe he did it because he really needed money until he was forced to sell it ..

[Kayujaty]

because they panic if the price of bitcoin will decrease further. and they then wait until the bitcoin price actually drops. then they buy it back

[thanks rye18]

Many people are selling bitcoin due afraid that it's market price will continue to drops and they just want to cut possible loses because they want recover the remaining capital so they can divert to another crypto investment and hoping to recover.

[sugarchrisp]

People just aren't cut out for cryptocurrency, or trading in general.  Bitcoin goes up and down all the time and people probably see it falling and panic sell it and never get back into crypto because of it.

[Davidniam55]

in my opinion
because they panic after almost every time crypto prices on the market always go down.
want to buy crypto at a cheaper price therefore they sell their bitcoin and altcoin bro .

[Morrower]

Some people are afraid of losing all their money when Bitcoin course falls and they start selling it. And other people make money on the course difference. They buy Bitcoin when it falls and sell it when it rises.