At what price will you panic and start selling coins? - page 11.

macartem

sr. member

Activity: 676

Merit: 319

Quote from: Kprawn on June 14, 2018, 11:39:19 AM

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?

I sold bitcoin and for 300 dollars. But now I'm smarter and more experienced. I think a big panic will start when bitcoin is again less than $ 1000.

onaiwusun

newbie

Activity: 154

Merit: 0

I will sell some bitcoin if the price suddenly falls below 5000.because i think it will cause a spiral that will see it fall to far below that,basically for me to buy more at deeper levels

Ezenwanyi

copper member

Activity: 336

Merit: 1

I'm a long term investor.
So theres no price downtrend that would make me panic sell my coins at loss.

Ajadey4

newbie

Activity: 97

Merit: 0

When others are panicking and are selling, I'll rather buy at that time. What happens when the market now stables, when they are done with selling? The massive gains from such could make one close to the Lambo dream in a short period of time. If I'll eventually press any panic button, then, gain have to be there for me, can't really sell at a loss.

emath7

newbie

Activity: 158

Merit: 0

I am an experienced investor. I am doing research on Cryptocurrency and blockchain. Bitcoin is an investment tool that people follow for today and for the future. And Bitcoin, is located at the very beginning of the road. People continue to learn. New investors are constantly accumulating below. What does this mean? The lower stop point is constantly rising. In the near future, we will see that this point has exceeded $ 10,000. I think you should make your investment now...

Market-desi

jr. member

Activity: 202

Merit: 1

if I try not to panic bro. because I always try to be patient and hold back the coin that I have when it falls down bro. and will never sell it unless the price has gone up again ..

mr.shaman

full member

Activity: 364

Merit: 101

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Quote from: Kprawn on June 14, 2018, 11:39:19 AM

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?

I think that even at a price of 5k most will start to panic, although neither of which will not happen!

BorisVirla

newbie

Activity: 101

Merit: 0

If the price reaches $ 1000.

Baggong

member

Activity: 247

Merit: 10

In bitcoin investment, I already understand the risks, I will sell when I get a profit so that when the price drops even if the price of bitcoin is below $ 100, I will not panic, I will buy more.

mak2017

full member

Activity: 434

Merit: 110

I think most will panic sell if bitcoin reaches 5000$, i don't think that we can get there actually, but this are my thoughts.
Also panic sell can happen when daily volume drops below 10 bln. $ per day (we are very close to hit that actually)
Of course with combination of well pushed FUD news in media, panic sell can happen at any stage of bitcoin price, like it did many times in 2018 already.

teramit

legendary

Activity: 1877

Merit: 1396

The Last Cryptocoin Burner

i dont panic sell or panic buy.If i am trading i sell when it is rising and buy when it is falling. On some days i trade as a daytrader but other days try to go for arbitrage. Panic sell is like a noob move, i did sold but not doing now, panic moves are regret, you learn from your mistakes and dont do them again.

jademaxsuy

full member

Activity: 924

Merit: 221

Quote from: Kprawn on June 14, 2018, 11:39:19 AM

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?

Below 6K USD is already an indicator that market is not good and should sell bitcoins immediately but after seeing that bitcoin will go higher again then i would buyback again so as to get again the chance to profit on bitcoin though it has been a lose on some of the money but then this is the risk so we should know it and accept it by nature.

jpnl0004

newbie

Activity: 198

Merit: 0

I think there is an option missing the NEVER option i can not sell my coins not just any coin but promising coins because it will be very painful to see what i sold at a very high amount.So i cant sell my coin no never

gabmen

hero member

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Merit: 529

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Quote from: Baby Dragon on August 04, 2018, 11:24:35 AM

Quote from: cryptohunter on June 14, 2018, 11:50:28 AM

where is the never option?

panic is the worst thing you can do.

I certainly agree with that, panic is the worst thing that you can do and I think you should not panic simply because it may affect your income. You should have trust on bitcoin and never do panic selling and even the price goes down I think I will not sell my bitcoin and I will hold until the price goes up.

Well it seems clear that the price follows a process of just going up and down with the challenge being the timeframes. Like this year, when the bear market is a lot more prominent than a positive market. You can't really pinpoint the perfect time to sell.

LyQaN

sr. member

Activity: 588

Merit: 250

Panic selling is not a solution.You can't get any profit by doing such a silly thing.You must have enough patience if you want to invest in crypto's.So I will never do such a silly thing like panic selling because I know with time the price will rise and I will be able to get profits.

BestW1shes

newbie

Activity: 48

Merit: 0

I "forget" about my investments in crypto

Ojengonggu

full member

Activity: 756

Merit: 105

Trphy.io

until now I have not sold at low prices because of panic with falling prices, more often I sell it partly because of insufficient financial needs

joshua0502

newbie

Activity: 93

Merit: 0

I think i will my coins when there is a emergency on our family and it really needed to have a money. And another thing is if there is a rumor that the coins valur will be falling for a very long period of time and there is no signs of where it will be back soo. I think this one could make my panic and will sell all my coins. But for me as long as you can hold your coins for a long time and having a patience, you can be more successful.

Baby Dragon

sr. member

Activity: 896

Merit: 272

OWNR - Store all crypto in one app.

Quote from: cryptohunter on June 14, 2018, 11:50:28 AM

where is the never option?

panic is the worst thing you can do.

I certainly agree with that, panic is the worst thing that you can do and I think you should not panic simply because it may affect your income. You should have trust on bitcoin and never do panic selling and even the price goes down I think I will not sell my bitcoin and I will hold until the price goes up.

zubrr51

member

Activity: 294

Merit: 11

Rather, it's not about a specific price, when panic starts, but about what will not be what to buy food, if not sell the crypto currency.

Topic: At what price will you panic and start selling coins? - page 11. (Read 4221 times)