Topic: At what price will you panic and start selling coins? (Read 4221 times)
One thing i know about Bitcoin is that it cannot die. Bitcoin has gained roots and several investors have their trusts in it. This has created a solid demand for it on the market, hence given Bitcoin a certain value. Irrespective of the bear market weather that may strike, Bitcoin will always recover, hence there is no point in panicking.
I guess I will never push the panic button for Bitcoin as its not just a crypto for me but it looks to me as a revolution about digital era and digital currency. Some alts would rather get soon to the point were it would be no use to hold them but Bitcoin cannot be in the same category.
people will not do panic selling if they have made a strategic and plan for the selling price target they want, because of course they will go according to plan. even though the price is beyond expectations they already have plans for it.
I guess I will never push the panic button for Bitcoin as its not just a crypto for me but it looks to me as a revolution about digital era and digital currency. Some alts would rather get soon to the point were it would be no use to hold them but Bitcoin cannot be in the same category.
Great question! I think when the price drops about 4k to 5k, if that happens, really im going to sell my bitcoin, you cant blame because i am just afraid that i can lose.my money im a blink, but nots gonna happen, im still believe that bitcoin will recover and will surpass its price last year
I can start to sell bitcoin if I see some really bad news about it. It will never happen just because of bitcoin price is being too low. As I see the market, here is a lot of manipulations and fake news, but the real value of bitcoin has not decreased, what means, the price will be back earlier or later.
I dont think i sell my coin if i lost more of it because of the price fall.. I think i reserve it for the future.. Maybe i cant be rich now but for the next generation i think.. It's all about time.. Try to survive but never sell coin.. Sell it when you think it's your time or your the winner 
investing in bitcoin requires patience and I will never sell the bitcoin that I have if I haven't gotten a profit, I won't panic when the price of bitcoin falls because I know that it will definitely recover and rise again, so I will stay calm and wait until I get profit
A lot of people are reaching a point where they are considering selling their coins. I would like to know, what your "panic" sell
point is?
I bought most of my coins at below $1000, so I am not worried at all about the drop in the price. I will never walk away from
Bitcoin losing any money, because I sold some bitcoins when the price reached $19,000 last year and made back all the
money that I invested. Some people bought at $19,000 last year, and I think many of them sold already. Do you have a point,
where you will push the "panic" button?
I doubt that it will go down much further, but if it does... where would you start selling your coins?
point is?
I bought most of my coins at below $1000, so I am not worried at all about the drop in the price. I will never walk away from
Bitcoin losing any money, because I sold some bitcoins when the price reached $19,000 last year and made back all the
money that I invested. Some people bought at $19,000 last year, and I think many of them sold already. Do you have a point,
where you will push the "panic" button?
I doubt that it will go down much further, but if it does... where would you start selling your coins?
I guess i will panic if i see bitcoin reached price below the last year price. The current price is not too scary because it still above $6k, which is higher than the last year price (not on dec 2017 of course. But before btc hit $5k, i think i will sell my coin to cut my losses and i will buy it later when there is a sign of bullish market.
I don't sell my coins in panic mood, even if Bitcoin will down to $1000 and i know if i sell here then i will be in very big loss.
When i am invest in any coin or token, then i always investing with the thinking of long term investment because market has a volatile nature and up & down of coins price is its universal trend. And if coins price are going downwards, then definitely one day they will be also come back to their previous prices or may be cross it and on that day i will be in huge profit.
According to me if someone sells their coins in a panic mood at very cheap price, then he will get only huge loss and it will take a lot of time to fill that loss. But if he keeps himself calm and don't sell his coins, then he will surely be in good profit in the near future.
When i am invest in any coin or token, then i always investing with the thinking of long term investment because market has a volatile nature and up & down of coins price is its universal trend. And if coins price are going downwards, then definitely one day they will be also come back to their previous prices or may be cross it and on that day i will be in huge profit.
According to me if someone sells their coins in a panic mood at very cheap price, then he will get only huge loss and it will take a lot of time to fill that loss. But if he keeps himself calm and don't sell his coins, then he will surely be in good profit in the near future.
I guess I will never push the panic button for Bitcoin as its not just a crypto for me but it looks to me as a revolution about digital era and digital currency. Some alts would rather get soon to the point were it would be no use to hold them but Bitcoin cannot be in the same category.
That's a great question. At 5000 I will not panic. But as 2018 showed, below 5000 the price can not go down. This is a prihologic level.
During trading it is best not to panic, but to remain calm. Stable emotional state and equanimity are one of the main qualities of a successful trader.
Patience is the key to many thing in crypto currency. If you cannot be patient in this highly volatile market then high chances that you can end up in losing the money either in investing or in trading. So always think twice before entering the market.
I will never sell my Coin bro unless the price has gone up again. therefore I always try my best when investing in either bitcoin or altcoin never using capital for daily needs or the results of loans
I also agree, bro. With the advice that you have explained above. because I've seen it myself. where I live there are people who invest in either bitcoin or altcoin. from loan proceeds. finally they sell their assets in a loss ..to pay off their debt debt. especially now that the market price is always down so we have to be patient to wait until the price rises again ..
The only time i will panic and sell my coin is when i am too broke that i need money to finance a worthwhile course. Aside this, the falling of the market will not move me to sell my coins very cheap and run at loss
Very funny but i am not a panic seller when it comes to my bitcoin investment because I know the price of bitcoin will certainly come up so that i can sell for enough profits.
Though I am a true believer of the bitcoin and a strong holder, but still, I have ambition! I don't want to lose everything by trusting, That's why I will seel all of my coins If bitcoin comes under 4K USD ever! And I hope that bad day will not come ever.
And you will buy back at 8k when it break the resistance
Though I am a true believer of the bitcoin and a strong holder, but still, I have ambition! I don't want to lose everything by trusting, That's why I will seel all of my coins If bitcoin comes under 4K USD ever! And I hope that bad day will not come ever.
ok so there are a lot of people who are willing to sell under 1K$ but they are not selling at 7k$, some genius among us
maybe a lot of people feel panic including me when the price is in the position of $ 3000, but that won't happen where right now I'm sure and optimistic if the coin will be high above $ 6000 and can be higher later on.
i would sell btc at $5000 and will re-buy below it. as circumstances and scenario going i,ll panic at $5000 and will re-buy.
I bought bitcoin at a price of $ 2500, and definitely will not sell their coins until the price falls below this mark. But I don't even think it can happen.
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