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Topic: At what price will you panic and start selling coins? - page 18. (Read 4221 times)

jr. member
Activity: 55
Merit: 1
People won't believe how much I'm down since I came in crypto but still I'm not planning to sell anything specially in bearish market. If Bitcoin can go from 1000$ to 19000$ then sure it can go up from current levels too. Not going to sell anything until I'm in profits.
legendary
Activity: 2576
Merit: 2880
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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 won't sell. I didn't sell when it was higher, for sure I won't sell now at these ridiculous prices. Sooner or later bitcoin (and the whole market) will go up again, so I don't see selling as an option.
member
Activity: 119
Merit: 10
 I think i would being panic if bitcoin dropped to $3000 or below. I hope that the price won't go back to into that price or less.
newbie
Activity: 36
Merit: 0
I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
agreed, the current figure is still quite good to hold our assets. do not rush to sell it, chances are you will regret if sell it now. the $ 5k figure is considered to be the lowest point if we are guided by the cycle end of last year that can go up many times over.
So far if people will panic all the time and will begin to withdraw all of their investment then that time I am going to panic, since we don't need to panic when that happens, we should at least know more about bitcoin is and if we truly knew it we won't not panic.

I totally agree with you. I think that people are focusing on completely wrong things, and way too many people invest in bitcoin just so they could make use of its volatile nature. That's bad, we don't want that!! Cheesy
full member
Activity: 392
Merit: 100
I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
agreed, the current figure is still quite good to hold our assets. do not rush to sell it, chances are you will regret if sell it now. the $ 5k figure is considered to be the lowest point if we are guided by the cycle end of last year that can go up many times over.
So far if people will panic all the time and will begin to withdraw all of their investment then that time I am going to panic, since we don't need to panic when that happens, we should at least know more about bitcoin is and if we truly knew it we won't not panic.
jr. member
Activity: 112
Merit: 1
I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
agreed, the current figure is still quite good to hold our assets. do not rush to sell it, chances are you will regret if sell it now. the $ 5k figure is considered to be the lowest point if we are guided by the cycle end of last year that can go up many times over.
newbie
Activity: 113
Merit: 0
I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
full member
Activity: 271
Merit: 100
Because bitcoins value is getting lower i dont have time to panic and i will not sell my coins. Even if it will go lower than $500, i will not sell it otherwise i will buy more. Big risk equals to big profit.
newbie
Activity: 149
Merit: 0
At current price it makes no sense to sell. And further panic selling will only drive the price down. I think it best to wait the bear run out. I keep referring to the technology behind bitcoin. Once the technology is sound,it can only moon.
newbie
Activity: 96
Merit: 0
300$ I will start panic, but not selling, buying Cheesy I remember those good times and want to get back to those good times Smiley
sr. member
Activity: 363
Merit: 250
 I think that this statement is very wise, because you've told that you have returned all the money that you have invested, and this is like my background to, I'm not worried about the prices. Just about money that I lost or earned.
full member
Activity: 420
Merit: 100
to be honest I would have experienced such a deep panic when bitcoin prices dropped to a price of about $ 1000 because that would make me a great loss and would depress me for losing my money.
member
Activity: 189
Merit: 10
when should I sell my bitcoin assets? it all depends on the price of how I buy it, if I think it's a profit then there is no harm I sold some assets to secure my capital. but if the condition is like now I guess I will never sell my bitcoin loss, because the principle of investment is profit.
full member
Activity: 581
Merit: 108
I think we need to move away from the buy, hodl and sell strategy as I see it to be the reason crypto prices keep dipping

Many might argue about this but if you consider the early buyers that can afford to sell at whichever price  now because there is no loss for them as current price is way over the initial price and that's why I suggest a no hodl strategy but embrace the everyday use to try and stire up demand.
member
Activity: 182
Merit: 10
For me i think if i losses some money because of the downfall of bitcoin.. I think if i buy it for the rate of 19k and it down to 6k well i think I'm out of my mind if i sell it in that rate.. But if emergency comes.. It will be hard to sell but you need to sell it..
member
Activity: 210
Merit: 40
I don't panic. Think that I'm with bitcoin long enough to know how it's functioning and how the price can change so I keep my head cool and try not to involve emotions too much.
And I count on bitcoion as a long term investment so I don't react on sudden and short term changes. But I do sell my bitcoins when I need fiat money, not because of fear of losing.
newbie
Activity: 138
Merit: 0
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?
If the price reaches 100$ for bitcoin, then I will sell it))  But I hope that doesn't happen.
newbie
Activity: 224
Merit: 0
i think that in next two or three month bitcoin price will get higher and at the end of the year it be much more then it is now ,so after having this thought i think if it goes down again and again come to 1000$ then i think it will be best to sell but despite all that bitcoin price will never goes down under 1000$ if it does then there have to be better currency then bitcoin and we know it for sure that there is none.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
at the price of $ 5000, and I'm definitely going to sell my coins because it is likely that the price of Bitcoin will continue to fall...and if the price keeps going down then I'll buy it back again at a very low price, because "Pump" is likely to happen.
member
Activity: 518
Merit: 14
I will not sell my bitcoin unless the price has gone up. and if the price goes down I will be patient and keep waiting until the price goes back up.
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