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Author Topic: What is your quit point for Bitcoin price?  (Read 13796 times)
normanderecho
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April 29, 2019, 09:10:35 AM
 #141

The market is full of pessimistic comments lately and most of the conversations include BTC price going under 3k. I really wonder at which point BTC investors give up and quit completely. What is your opinion about this? My thought about quitting never happened but if the price goes under four digits then I might be reconsidering.

Yeah, thats quite reasonable quiting when bitcoin goes to 3 digits, but for me when its come to that point I actually take advantage for that I invest more on that instead of quitting because I believe no matter how many hard fork appear it should be a bounce back after that.

koroke
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May 01, 2019, 10:47:35 AM
 #142

I dont have quitting point or selling point for my bitcoins, I like to have them and I hope I will always have some. I sell when I need money, when I need to buy something, but I have my stash too. When price blow the sky I will still have some, I will sell some, but end game is that I will able to use my bitcoins one day for real, like I will go to and buy some nice car with 0.01 btc? Sounds nice, well maybe one day we will see bitcoin price so high that nice car will cost 0.01 btc and people can buy them directly with bitcoins.

I agree with this, and in my own opinion quitting or setting a certain limit is like stopping yourself to obtain better opportunities in the future. Whenever I heard some negative opinions and thought about Bitcoin I just look into its history, how it dump and eventually fluctuate in the most unexpected price which gives me optimism and hope for me to continue and strive hard for earning, I have lost my money before, and that is because of the wrong decisions that I have take. If you don't want to lose most of your money, then part an enough allocation of your money to Bitcoin which you will store into your wallet and recently I have discover    Darb which is an exchange that allows me to convert my assets into another useful assets that I used whenever I get a chance to engage in Bitcoin, and it also allows me to experience a faster way of making transactions.
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