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Topic: Curious. At what BTC price would you capitulate? (Read 631 times)

full member
Activity: 476
Merit: 100
November 14, 2018, 02:55:37 AM
#60
I don't know about you guys, but since the start of the year we are seeing a steep steady decline in crypto currency prices, but the fact remains that it is still highest it has ever been in 5 years. I myself have been stocking up on crypto currency like BTC and ETH. I still believe that these currencies will shoot to the moon sooner than later.
legendary
Activity: 1652
Merit: 1483
I would  not, there are 2 types of moves at this point. Buy BTC and set a sell order at aproximetley 6k to cover loses or just odnt sell ever, since there is no use of selling at great loss.

that's how bagholders feel when they haven't capitulated yet. it's just a phase. if the losses continue compounding, most investors (in any asset) will conclude the market will never recover. then they'll capitulate. this is exactly what "capitulation" means---the point at which investors "give up" and abandon all hope.

the mindset that you won't sell at a loss implies you think the price will recover. that means you haven't capitulated. yet. Tongue
member
Activity: 364
Merit: 13
I would  not, there are 2 types of moves at this point. Buy BTC and set a sell order at aproximetley 6k to cover loses or just odnt sell ever, since there is no use of selling at great loss.
member
Activity: 812
Merit: 11
Hard to determine on what price we buying more bitcoin. But i think bitcoin price at $6400 is good price compare with december 2017 price. Its good coin and its long term investment and many expert predicted that bitcoin price can surge to $25k
legendary
Activity: 1147
Merit: 1007
Bitcoin price is not seems to be predictable now.Now the price of bitcoin is 6400$,this is not a stable one.So we have to hold your bitcoin to get good profit from it.Don't get Panic selling.Since bitcoin is the decentralized cryptocurrency,we can't expect the stable rise in the price of bitcoin.If the price is reduced,just hold your bitcoin.
Bitcoin is a good investment even the price drops we can know that it has a capability to out with and increase again it will just take time so be patient.
legendary
Activity: 2534
Merit: 1338
Its a terrible feeling to watch your investments crash.  But it is an even worse feeling when you sit on the sidelines and watch something skyrocket that you could of invested in.  With that being said, there is too much support at the 6k levels for bitcoin to drop much further.  IF it somehow did drop below 6k again I would just use the opportunity to buy more coins.
There are studies that show that it is the opposite, regular people suffer a lot more from the money they lose than from the profits they do not get, this explains partially why they do not invest in bitcoin, they do not have what it takes to become successful in this market, the people that are currently in the market are in fact risk takers that feel the same way you do when they miss an opportunity.
member
Activity: 378
Merit: 55
Be Good to me!
Thought it hasn't been asked this way before. The question is actually quite loaded.

$100000 is enough for me,at that price l can live rich and ready to survive in the future l can do things lm planning to achieve in the future.l long to see the market will go up son.
newbie
Activity: 33
Merit: 0
I don't know what is your '' capitulate" means? selling or buying
full member
Activity: 504
Merit: 100
for now all crypto asset prices are difficult to predict but, the price of bitcoin is currently stable at $ 6400- $ 6500, the price of bitcoin at the moment I think has reached its bottom and is ready at the pump,
newbie
Activity: 14
Merit: 0
I'd never fold. If the money is gone...it is gone. The market can always bounce back and all signs are pretty bullish in the long run.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
It's a good question, which I asked myself several times: if by "capitulate" you mean to sell everything to recover the possible and exit the crypto ...
I do not know, I still think that the bitcoin will grow again.
The point is that selling now seems stupid, and if it were to go down really , useless.
I keep what I have.
jr. member
Activity: 182
Merit: 1
at a price of$ 1 ) but then I think I'd rather do anything else than to spend time on it, so the answer is never)
legendary
Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
Thought it hasn't been asked this way before. The question is actually quite loaded.
The question is indeed interesting. It's so sweet that the majority replied that 1 btc = 1 btc, so they don't really care about its fiat price. As for me, I would probably sell all of my savings when the price gets below $5k, but would continue using, earning and discussing cryptocurrencies. If the price gets really cheap (below $1k), I'd buy some btc. I understand that such things shouldn't matter, but if we think of btc as future of money, the prices would still be fixed in fiat for a long time anyway. 1 btc can be 1 btc when people start pricing their goods in Satoshis.
hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
Bitcoin price is not seems to be predictable now.Now the price of bitcoin is 6400$,this is not a stable one.So we have to hold your bitcoin to get good profit from it.Don't get Panic selling.Since bitcoin is the decentralized cryptocurrency,we can't expect the stable rise in the price of bitcoin.If the price is reduced,just hold your bitcoin.
full member
Activity: 506
Merit: 101
1 & 0 😏
Thought it hasn't been asked this way before. The question is actually quite loaded.

For this moment much price is everybody's wish, it is not desirable to fix the price to any number due to people always want to earn. Then the price must be moved upwardly, which is not possible.
In my opinion Bitcoin's present price is in line with people's wishes as we see on the price screen.
member
Activity: 294
Merit: 11
The price of Bitcoin matters only to those who hold. For those who trade them all the time, there is no difference what the price is, only trading volumes.
newbie
Activity: 14
Merit: 0
My point is anything below 1000$. Although it seems almost impossible to reach that point.
newbie
Activity: 14
Merit: 0
Once, if it ever happens, it goes down 3 figures, I think that would be my threshold.
newbie
Activity: 14
Merit: 0
I think when it goes down below $1000 i would capitulate. But do not know for sure though, may still keep it.
newbie
Activity: 14
Merit: 0
My point is anything below 1000$. Although it seems almost impossible to reach that point.
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