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Topic: At what price will you panic and start selling coins? - page 2. (Read 4221 times)

sr. member
Activity: 1638
Merit: 300
A great investor and trader don't panic, instead of having an idea of selling it, you must be able to think what will be the effect of that decision. You must not panic as an investor, you must not sell easily your investment since you might regret what will happen in the near future. It's been a long time since I started to invest on Bitcoin and it did not let me down.
member
Activity: 322
Merit: 10
Crypto is definitley worthy investment but this price prediction is false. So you will earn decent profit in next year and most of the long term holders believe the Bitcoin so your investment will safe in forever. My suggestion don't put ball in basket so you could split to invest in crypto then it can be stable investment for you.
member
Activity: 255
Merit: 10
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 it is difficult to make a definite decision but at this moment for me I will not hurry to sell even though the btc price is tapering down but it is not a very important issue I decide to Hold on and wait until the price is higher before thinking about selling them
jr. member
Activity: 98
Merit: 1
In fact, I decided to sell my tomatoes only when by the end of the year it grows above 15 thousand. I'm still buying bitkoyny, because the prices are still low, because I believe in bitkoyn, and I know the power of bitkoyna and how he can to rise. I am very patient and do not panic.
newbie
Activity: 67
Merit: 0
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.
sr. member
Activity: 462
Merit: 250
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.
newbie
Activity: 168
Merit: 0
I also doubt that the decline will continue below 6,000 dollars. But even if it continues, I will not sell my Bitcoins even if the price is $ 1000. It does not matter how much they fall now, I believe that there will be a turn and growth will begin. It is necessary only to wait.
full member
Activity: 406
Merit: 100
At the moment I cannot say or can name the price that I will work to be able to sell my coins because of a sudden change in that amount. In the market at legal prices as a normal scenario in this business. So we can see or monitor market movements, if the market price rises you can sell suddenly. Cool
newbie
Activity: 94
Merit: 0
A step that is really very bad in an investment perspective, but I pretty much don't have a "price panic". If bitcoin falls, heck. I will go down with that. I have spent 2 years in the cryptocurrency study room as much as possible, and I will not stop being interested even the price falls to one digit. As long as there are still crypto projects being developed. Thanks
full member
Activity: 644
Merit: 113
Selling wont help anything about the situation. Dipping on price should be a normal thing for holder knowing that coins are volatile. During panic time, take it as an opportunity to gain larger volume of coin. The might decrease for a moment for surely it will recover and regain its price since there will be people who demands for more coins.Dumping your coin will just cause the price to get even lower. Just wait and hold the price will go back to where it is.
member
Activity: 574
Merit: 12
I do not sell anything at all. Tolkio is buying now. I will sell when I get at least double profit. I will not sell it before.
jr. member
Activity: 154
Merit: 1
I think that it will be a very stupid decision if you sell bitcoin for such a penny and do not wait out the correction inside the market if you have already bought it.
newbie
Activity: 38
Merit: 0
No fear allowed in crypto world.This is future,maybe not ours,but for our children. Cheesy
It will never die,it will only project from another currency to other...In crypto world time is only limit.
Get a ledger,store coins,and give to your children after you pass away to some better place Cheesy
member
Activity: 336
Merit: 12
I waited for the price of $ 6000, I would never panic even though the market was bad.
wait and be patient to make big profits.
full member
Activity: 812
Merit: 142
I try to calm down if the price of my coins goes down. If the coins I got down I would have sold the coins directly for fear of further price decline.
 Lips sealed Lips sealed

Panic selling is not at all recommended. If you need money then only you should be selling it or if some bad news has come across and you think that it can have along term effect and market will take much longer then you can sell it, else keep holding it.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
lol.
Your poll is incomplete, I did not panic and did not sell my coins in such manner.
Yes, i ave sold some and i am still looking to sell some more because I dont believe in some coins anymore but mostly I am holding.
jr. member
Activity: 280
Merit: 1
I on the contrary do not sell coins even if they have fallen almost in full 0. I all hope that the rate still rises and then only sells
newbie
Activity: 18
Merit: 0
I agree that there's no point in selling BTC at a low price. To me it'll only mean that I'm going to have to HODL longer than expected Cool
newbie
Activity: 40
Merit: 0
it depends on individual some people are risk carrier while some can not stand the risk of losing money. there is nothing like panicking here. you need to wait for the market to start pick again or else you will lose out. wait patiently for it.
newbie
Activity: 70
Merit: 0
First of all be relax, never sell your coin on low price you only getting it worst. You have to do is control your emotions. The price of coins will rise again that's for sure. Panic selling is the baddest decision you'll ever make in cryptocurrency. Wait, wait and just wait, that's it.
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