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Topic: At what price will you panic and start selling coins? - page 8. (Read 4221 times)

member
Activity: 420
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?


In my opinion , there is nothing to worry that situation , nothing to  get panic. When you bought your bitcoin amounting 6,000$ just wait until it becomes 6,500 or more . Those who bought at the lower price is  the best for them  because they will gain more. That is one reason that bitcoin is a store of value. No matter what it will still reach the highest peak.  Not now but in the year comes.
newbie
Activity: 210
Merit: 0
I will not sell bitcoin. Even if it falls to a minimum of 2009. Because how not to twist bitcoin will still grow more then.
member
Activity: 194
Merit: 12
Staker.network - POS Smart Contract ETH Token
i think this the sell price wil depend on what time you bought. if you bought at ath you may already be in panic. if you bought at 10$ hopefully cashed out a lot at 20k and the coins you still have you can wait a while and see what it does. nobody will have the same answer here
full member
Activity: 378
Merit: 101
As long as I did not panic when the price of bitcoin falls and sell everything that I had. I the word patience is the virtue, that's the reason I keep holding my bitcoin. But there are times when you urgently need money and these are exceptional cases.
member
Activity: 182
Merit: 10
I have already sold my bitcoins so this question is not bothering me anymore but I would say that I will buy bitcoin if its price will be below $4,000 because in my opinion that's what it is really hard to go under.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
I don't hold Altcoins I do not understand or like  long-term.  Though I day trade them once in a while on exchanges while focusing mostly on the top coins.

I hardly sell coins I believe are valuable. I just store them safely and forget them once I received them.
jr. member
Activity: 406
Merit: 2
for now I have not thought that way, instead I am currently aspiring to continue to collect my btc, I have no standard in what amount of time I will stop, after all I still have a small scale btc I still want more, no matter if the price btc in the near future will continue to go down I will still be patient waiting, I will not be touched by my thoughts by other people's opinions because I am ready whatever the risk even though I have to lose my money, because in this BTC I am a full investment not a work that is always demanded for continue to benefit because of the need to meet all financial needs
 
full member
Activity: 560
Merit: 100
I will panic and sell my bitcoin when the bitcoin price reaches $ 1000, why ? because the first time I knew bitcoin, bitcoin was at a price of $ 1000, and if the price would dump up to $ 1000, I would be very panicked and sell bitcoin so as not to big lose.
newbie
Activity: 124
Merit: 0
bitcoin is highly volatile in can go up and down in a day. you should know how to divide and use your portfolio when investing. save some for the bear market then sale when it recovers.
full member
Activity: 1099
Merit: 116
I am not panic seller and don't like selling my valuable  bitcoin at cheap rate. I like to buy at cheap rate rather than sale. I don't  like any point where people will be panic.
newbie
Activity: 14
Merit: 0
I still won't sell it even if the price is so low, because i look at bitcoin as a long term investment not as a present.
jr. member
Activity: 159
Merit: 1
I dont usually panic though at times i get scared to loose money. I am patiently waiting for bitcoin to get back on its feet so i can actually start selling some of my coins
member
Activity: 140
Merit: 10
I will sell all my coins when bitcoin prices drop double the price when i buy all my bitcoin, but hopefully this will never happen to me, for now i just need to pray and hope that bitcoin prices will increase again.
copper member
Activity: 322
Merit: 0
I will sell it below $1000 if the bitcoin fall in that price because for me i think thats the time the market is destroyed completely and bitcoin will start fading. But i believe that it won't happen because bitcoin already shown its capability to surpass that obstacle to the point that it will crash to a very low price.
sr. member
Activity: 840
Merit: 268
I don't know, I believe that veteran holders have been in this situation so, I think that, panic-ing is not an option for them, so do I. I will not sell my coins even though bitcoin is at 2k or something. That's kinda big for big hodlers.
newbie
Activity: 19
Merit: 0
I'm not panicking at any price, save for when BTC might be declared officially dead (hopefully, this will never happen!).  Cool
sr. member
Activity: 560
Merit: 250
If you are a person who panic when you invest, you've already lost anyway. Personally I don't sell with panic, I follow indicators, news and human reactions. If most of these tells me I must sell, I sell. Then price has come down point when I expect and buy. I'm telling you pals, don't panic. If you will, withdraw all your money and go back your ordinary lives.
newbie
Activity: 98
Merit: 0
selling a panic is a big craze for traders, which they abuse every time they trade even a market buying panic, but if we can control emotions to sell coins. I will not sell, I have nothing to lose in bitkoyne. I'm in the long run. It's more comfortable for me.
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
One thing i know for certain is that the crypto market can never die off and the market will always recover whenever it goes down. I only get to buy more good coins at cheap price whenever the market goes down.
jr. member
Activity: 182
Merit: 1

In my opinion, the last price I can sell my Bitcoin is when it drops below $ 2000. But do you think that would happen? And my answer is no. Over the past few years, we have witnessed tremendous market volatility, the BTC and some other Altcoin have significantly reduced their caustics. However, BTC's chemical capital remained at 51%. And over the past few days we have seen the resurgence of this electronic money market.
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