Topic: At what price will you panic sell [Poll] - page 2. (Read 3331 times)
Won't sell missing from the poll
I've made a greedy trade which cost me 5btc at $24, which could be classed as a "panic sell".
My stupid logic was as follows:
1. I'm so sure BTC will rise a lot very soon, therefore I must get more BTC, at all costs!
2. I have no fiat to buy more BTC. I only have BTC.
3. I must quickly sell some BTC, even though I am sure it's about to go up, in the delusional hope that it will go down and then up.
Luckily I only sold a small amount and bought back in quickly. I was actually physically ill at the time which compromised my judgement but I'm not making the same mistake again! Just posting this in case it spares some other rookie trader from doing the same thing... (Apart from this, rest of my judgements have been pretty good though!)
My stupid logic was as follows:
1. I'm so sure BTC will rise a lot very soon, therefore I must get more BTC, at all costs!
2. I have no fiat to buy more BTC. I only have BTC.
3. I must quickly sell some BTC, even though I am sure it's about to go up, in the delusional hope that it will go down and then up.
Luckily I only sold a small amount and bought back in quickly. I was actually physically ill at the time which compromised my judgement but I'm not making the same mistake again! Just posting this in case it spares some other rookie trader from doing the same thing... (Apart from this, rest of my judgements have been pretty good though!)
At 10,000,000$ and then retire. 
I'm guessing you have 0.3 BTC in your account... 
Never! When I sell it's always a calculated move. Also when I buy.
At 10,000,000$ and then retire.
There is only panic buying.
The voting result shows an obvious tencency. Many of us won't ever "panic" sell.
Iam thinking right around $700 
At $10,000.00 and then retire 
this is a very lengthy uptrend, so much so that many newcomers have only ever known the sunshine of the bull market, so when the real correction starts and the bear market is on us, they wont know it to see it, they will assume price will bounce back up like it always does after a very large sell off, after all, people will snap up the cheap coins right? only this time it sinks lower instead, and they wait... waiting for the price to recover... it will be interesting to see how low they let it go before they actually realise what is happening and get out.
winter is coming..
don't know when this will happen of course. so gl with that
winter is coming..
don't know when this will happen of course. so gl with that
OP is rather transparent. He in some other thread claimed that he has "closed all his longs" now trolling in hopes to affect the price. Try harder.
the question is for you not for me so i am asking you i dont ask myself at what price i sell lol
What's a panic sell?
If the price is going down, that's when I buy.
If the price is going down, that's when I buy.
OP is rather transparent. He in some other thread claimed that he has "closed all his longs". Now he is trolling in hopes to affect the price. Try harder.
Why do your poll options only cover the very bottom of the scale?
just to do the opposite other polls do that inclue only prices above current market price if ppl make poll biased on a way i can make also one Why do your poll options only cover the very bottom of the scale?
No doubt, my answer was $3500.
Why do your poll options only cover the very bottom of the scale?
because forums bulls hate this type of questions
Never. Even when a better, more widely accepted currency comes out, btc will never be worthless.
because forums bulls hate this type of questions
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