Why people sell bitcoins?

[kevinjulio]

everyone who decided to sell their bitcoin definitely has its own assumptions for bitcoin, lots of possibilities that could happen like, they are indeed being was squeezed by the economy and need cash, they fear the bitcoin and don't want to take greater risks and many other possibilities.

[Barkas]

there are many assumptions as to why they sell bitcoin, usually if they sell it suddenly, because they are squeezed by economic problems, and if they sell it when the price is at the highest peak, it's because their target is to profit, and buy again when the price drops ..

[Rivaldi Kunkun]

they sell is because they need the value of bitcoin itself. but my advice, sell your coins is fun with a price range that you think is beneficial, not even a loss. for it must be carefully and also patient.

[meale]

Because the supply is low and demand is high, the price of bitcoin rises. Soon enough, the price will be high enough that many people who bought bitcoins when it was cheaper will decide to sell and make money off of it.

[paydayloan]

In my opinion, one of the reasons for selling bitcoin is because it is worried that the downward period will be long. In addition there are also other reasons such as for emergency reasons to meet the needs of life.

[Alpha]

People sold their bitcoin because they are afraid to have nothing from holding for long. It is possible that they were confused of bitcoin good future. To sold bitcoin was the affect of panic.

[b-day38]

Mostly the main reason why people are selling their bitcoins in due to financial needs but for now the weak crypto market triggers investors to sell their bitcoins because they are afraid that the market will continue to fluctuate.

[simplex]

I think people sell bitcoin   because  the supply   is low   and demand  is   high  the   price  of  bitcoin  rises .  Soon  enough  the  price  will  be  high   enough  that many  people  who  bought  bitcoins  when  it  was  cheaper will  decide  to sell  and  make money  off it.

[gribble]

I think maybe because they panic by looking at the market prices that continue to fall further and so they don't want to lose more, or maybe they really need money to meet their needs ..

[Marivic27]

I think maybe because they panic by looking at the market prices that continue to fall further and so they don't want to lose more, or maybe they really need money to meet their needs ..

I think people who sells bitcoin on a very huge dip is the people who has a weak hands, they maybe didnt have enoughf faith or trust in bitcoin that is why they easily give up when it comes with the falling of its price. I believe that if we have a strong hands we can maybe earn in the near future, because in crypto we really need patience becaause everything in crypto is really unstable.

[sampoerna]

There are 2 possibilities why people sell bitcoin. Because it is pressed for needs or because of the cornering of the price of bitcoin. But in my opinion, the panic factor and falling prices are the main factors why people sell bitcoin.

[jonathancool220]

Because they are afraid that Bitcoin will fall in price again and that it takes time to raise prices again.
I also saw yesterday's news that there was Exchange from Canada hit by hacking and that made the price of Bitcoin back down.

[nufika89]

Cutting losses is one reason why people sell their bitcoins. They have a prediction that the price decline will occur in a long time. Or they realize that the price of coins will decrease further.

[mlegend]

Chances are they are selling Bitcoin because they are afraid that the price of Bitcoin has fallen, so they are afraid to experience a big loss from such an event. But they could also not want to keep holding their coins for fear of being hacked and others. That is a very logical reason.

[altery0518]

We have so many reasons to consider why people are selling their bitcoin investment such as people are afraid for the price to continue to drops, diverting their investment into other coins which is cheap and profitable ,spreading speculation in the social media sites and also due to financial needs.