Topic: What is your personal "oh shit" price? - page 3. (Read 3937 times)
No price. It depends if you think it will rise again or not. When there is a panic like "China forbides to use the word Bitcoin in public" and the price will go to 50$, this would be a dream. I would buy. If all OECD-states ban Bitcoin, this would be a "not so good". Fortunatelly there are more states in the world.
Probably when it is at pennies.
I would buy the last coins for posterity.
I would buy the last coins for posterity.
goes below 150..... oh shit - when they be talkin about binary outcome....
1260 BTC / USD while holding a short position.
1.000.000 "o shit, im rich"
If it goes below $300 I sell everything and invest in a different coin.
below $100 I'm buying!!
if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction.
Yep. Something like that. Except for no loans, there's no way I would sell myself into slavery unless absolutely needed.
Id never go so far as to call taking a loan slavery, that sounds more like what I refer to a job as..
All these Bear threads make it easy to see that BTC is going higher soon. 
In that case buy as much $700 BTC as you can before it is too late.
All these Bear threads make it easy to see that BTC is going higher soon.
If it goes below $200 I'm buying.
if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction.
Yep. Something like that. Except for no loans, there's no way I would sell myself into slavery unless absolutely needed.
<266 oh shit (in a bad way) = loss of confidence among bitcoiners
You're wrong!
Loss of confidence by the HODLers who don't know how markets work, perhaps. Among people in the know? Not at all. Retraces happen every day. The retrace will be larger for a larger cycle. This may happen to be that larger cycle which has a corrective move back down to earth, but it doesn't mean Bitcoin is dead.
Those who lose confidence in Bitcoin because of an overlap of a previous ATH, are no better than the panic sellers who sell the bottom. "Weak hands" as many of them call it. And I say good riddance. Price doesn't have to go up to hold confidence. In fact, I distrust a market that continually rises without a corrective pattern.
if it goes under 100$ Im taking as big a loan as I can get to buy as many as I can. thats my oh shit reaction. if its sub 300 Ill be full btc but no debt.
<382 oh shit (in a good way) = buying spree
<266 oh shit (in a bad way) = loss of confidence among bitcoiners
<266 oh shit (in a bad way) = loss of confidence among bitcoiners
$100 is a big psychological breaking point now.
I'd start getting nervous if i saw $800 again.
Bitches! $1 lower then here is my oh shit level! #honest
All depends on where you got in. Would be interesting to study the psychology of trading and see where your typical investor/trader sets their stop losses.
Probably sub $100. And I'd be buying all the way down.
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