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Topic: At what price will you panic and start selling coins? - page 9. (Read 4221 times)

jr. member
Activity: 173
Merit: 1
actually, I'm a person who doesn't panic easily. but, I will panic if the coin price that I buy drops rapidly more than 80% and of course, I'll start selling the coins at that moment. it's a nightmare for me.
sr. member
Activity: 1162
Merit: 251
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?
First of all, I think that we should never panic. I know that panic is an uncontrollable emotion and no one panics willingly. But then also we should try never to panic. Because decisions taken in panic always land people into trouble. I know that I invested in a good coin so it will return to its real worth. So there is no need to panic. Yes if the value of the coin falls to zero, I might panic.
Of course we don't have to panic in facing a problem in the crypto market, because panic will produce immature choices, because you will use emotions in taking choices, assuming whatever price will go down, keep calm and don't panic. just keep believeing that prices will definitely recover
newbie
Activity: 22
Merit: 0
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.
member
Activity: 532
Merit: 15
when it reaches negative value, that will be my panic trigger Smiley
newbie
Activity: 23
Merit: 0
There are no prices that make me panic. Bitcoin always gives me a sense of security and the market will return after every discount. So, I am always calm and looking for new strategies to invest effectively.
newbie
Activity: 294
Merit: 0
people will panic with bitcoin if the price has dropped greatly from the normal price, and many people will be very panicked then sell bitcoin! because of fear of loss from the value of the bitcoin they have!
newbie
Activity: 210
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?

To be honest this is what all of the traders or investors afraid for, that the bitcoin has a very low value. But i guess you dont need to be panic and sell your tokens in such a cheap price.You must wait a time and I believe a real investors take that opportunity to buy more token rather than sell your token and make you investment lost and feel disappointed in yourself.
jr. member
Activity: 280
Merit: 2
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 usually do not panic over something because so far, as I know bitcoin is still reliable and is still here in crypto market. Only then I panic if bitcoin's price will not go up again and eventually disappear. But it is impossible.
sr. member
Activity: 504
Merit: 250
Well, i really try to push myself hard not to do panic selling sometimes. There is no specific price for me to panic, i mean, it depends how i feel about the market condition.
full member
Activity: 420
Merit: 110
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?
First of all, I think that we should never panic. I know that panic is an uncontrollable emotion and no one panics willingly. But then also we should try never to panic. Because decisions taken in panic always land people into trouble. I know that I invested in a good coin so it will return to its real worth. So there is no need to panic. Yes if the value of the coin falls to zero, I might panic.
hero member
Activity: 1260
Merit: 524
I never panic as i never buy bitcoins i work for bitcoins and earn bitcoins and i only sell them when i am in need of any emergency problem. That time only i sell some bitcoins which can solve my problem and balance i keep safely in my investment wallet. I never see price when i sell as i am saving bitcoins to solve my problem when i am in emergency. As i know in long term it will be a diamond investment which will give unimaginable profit in future.
full member
Activity: 434
Merit: 102
For me selling coins can be possible when the price of it be over 10k$ because when you sell you must making profit from it not selling with low price
newbie
Activity: 196
Merit: 0
if i buy the coin at the price of 3000$ i would say if it goes to 2500$ it will be dangerous to hold and i do not want to lose a lot of money. and if i want to get profit in selling i would say at 4000$ i will start to sell the coin because 50% i enough in trading,that is stragic to control your funds.
newbie
Activity: 36
Merit: 0
If the price of bitcoin falls below $5000 now, a large number of people will be sold, and many miners may maintain their prices at $4000, and if the price of bitcoin is less than $4000, I will certainly panic.

I am no analyst but from what i can see the price has been stabilizing throughout this year so i expect the volatility to decrease and the price to settle around a certain value. This however does not have to be true, we'll see what will be going on in December but my expectation is that the price won't fall below 4000. Let's hope that's the case Cheesy
member
Activity: 672
Merit: 14
I was made aware the rules of the game and how the market operates. I've studied a lot about cryptocurrency and Bitcoin and i don't see myself giving in to panic sell. i sell my coins whenever i need money but not because of a dip in market price.
member
Activity: 336
Merit: 10
Something is better than nothing...But as the money I am Investing is just assuming that I lost that money...I never panic...When i see that there is a little bit profit also then I will sell my bitcoin....But without any profit I will never sell...No one the future...May be suddenly bitcoin will wake up with a huge price.
jr. member
Activity: 32
Merit: 1
I don't understand panic selling. Rule #1 is only invest what you can afford to lose. Going by that logic, any money you invest you should be prepared to lose ALL of it. So why would you panic sell? You know the market will eventually recover, just sit back and wait a couple months.
legendary
Activity: 3766
Merit: 1217
Never. I purchased my coins in 2012, when the prices were around $10 per coin. And since then I have lost about 60% of my coins to scams and I have sold around 25%. But I am not going to sell the remaining 15% anytime soon.
newbie
Activity: 28
Merit: 1
I sleep soundly at night knowing full well what goes up must go down and what goes down must go up. More importantly I salute to the folks who invested since '09 those guys are the real MVPs! Fist bump
full member
Activity: 493
Merit: 100
for now I never thought I would sell my coins. instead I will intend to buy again when the price of bitcoin drops to $ 3000. I never thought of selling my coins. Because I'm sure and optimistic bitcoin will rise again. and now what I do is hodl. I do not want to sell my coins because I have gotten a lot of profit from bitcoin so for example bitcoin is dead I will not feel loss. because the profit that I took was a lot.
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