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Question: At what price will you panic and start selling coins?
$6000 - 20 (16.4%)
$5000 - 14 (11.5%)
$4000 - 14 (11.5%)
$3000 - 14 (11.5%)
$2000 - 10 (8.2%)
$1000 - 10 (8.2%)
below $1000 - 40 (32.8%)
Total Voters: 122

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Author Topic: At what price will you panic and start selling coins?  (Read 4157 times)
ppifvtpu
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June 14, 2018, 07:50:30 PM
 #21

I chose 6K, and I saw that some people chose less than 1K, which is a surprising price. If it really reaches 1K, then the market has already collapsed.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Angelic T
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June 14, 2018, 08:04:52 PM
 #22

Actually I have only decided to sell my bitccoins only when it rises above 15k by the end of the year. I am still buying bitcoins as the prices are still low now because I believe in bitcoin and I know the power of bitcoin  and how high it can rise. Am very patient and not anywhere near panic.
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June 14, 2018, 08:09:56 PM
 #23

I have not seriously thought about this yet, because I'm not going to sell coins. I believe in the prospects of bitcoin and the fact that in a few years it will cost much more than today. So I'll just watch the situation.

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June 14, 2018, 08:19:58 PM
 #24

i will don't panic when the price go down because often in panic i lost my money i always buy in low price because in know when the market are go down it will go up after some days. if the price are go to 1000$ i will buy alot of bitcoin on my saving but i don't think the price will go more down.

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richminded
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June 14, 2018, 08:25:45 PM
 #25

Maybe if bitcoin reach $100,000.00 I will surely panic on that and I will secure my profit. I will never sold my bitcoin at a loss especially when the market is dump instead I will increase my holding because bitcoin will hit $100k in the future so I have to be ready for that Smiley
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June 14, 2018, 08:28:02 PM
 #26

Bitcoins will not drop below $ 6000. So I would never have to sell bitcoins if the price was still around $ 6000. A lot of stupid people are waiting to buy bitcoin for $ 5000
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June 14, 2018, 08:29:29 PM
 #27

I am always a calm and patient person. I will never sell bitcoin when the bitcoin price is less than $ 10,000. I still hope and wait for the bitcoin price to rise to $ 20,000 again
SvonioneFromMangoCoinz
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June 14, 2018, 08:31:47 PM
 #28

Even if bitcoin is $ 1, I will not sell the whole bitcoin in my wallet. If someone agrees to sell the bitcoin for $ 6000, then I would probably to buy the bitcoin from them.

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June 14, 2018, 08:35:31 PM
 #29

I've known about bitcoin when it was around $600, by that time I didn't gave serious consideration to it. This has made me feel bad, and later realized the potential and I too made myself into cryptocurrency. So, I never get panic upon the growth or the fall that bitcoin along with other cryptocurrencies encounter periodically.
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June 14, 2018, 08:47:13 PM
 #30

There will be no panic sell from my side. I invested only funds I can afford to loose.

I started this more out of technical interest to find out how bitcoin works. The price as a factor only got really interesting last year.

For me its hero or zero. I'm ready to loose it all or win it all.  Grin Grin Grin
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June 14, 2018, 09:09:19 PM
 #31

 i will not sell bitcoin even atl   i can hold it for ath
i can give it to my family if i am old
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June 14, 2018, 09:15:43 PM
 #32

I will sell my coins only when they are in my opinion met their maximum price
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June 14, 2018, 09:20:41 PM
 #33

I think I would start to panic if the price gets below $3,000.
But even if I panic there is nothing that we could really do specially for us who just have a small amount of Bitcoin.

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June 14, 2018, 09:24:13 PM
 #34

This is interesting question than the rest who are asking about price increase.

I don't have any plan to panic sell whether the price suddenly plummets, I haven't any reason to do it right now. I'm not happy to sell at loss and do panic sell as well.

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June 14, 2018, 09:43:13 PM
 #35

I will not sell my bitcoins even if i get lose some of it because i am for long run. You don't have to be panic just stay calm down and wait for the bitcoin to increase again. Just be patient.

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June 14, 2018, 09:47:21 PM
 #36

Panic? Doesn't mean anything to me. I have conditioned myself not to reach that point. Panic will do me no good at any time. I will not allow myself to be like these people who were not able to control themselves just because they got too emotional! In this kind of venture, a stable mind and a strong heart is required. So, a "panic button" does not exist in my space...

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June 14, 2018, 10:11:42 PM
 #37

I think that panic for those who feel have real debt if in the bitcoin world we just need to apply the concept of hodl and patience waiting for the right time and profitable
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June 14, 2018, 10:15:05 PM
 #38

So far, nothing significant has happened with the crypto currency, and one should not even think about it. With the general fall of the crypto-currency market, we know and hope for its rapid recovery, so I do not set any minimum limits upon which I would sell my crypto currency. Decrease in prices for their coins and tokens, I regard as a temporary phenomenon. At this time, you should even limit yourself in unnecessary expenses, so as not to sell crypto currency at such low prices. To be afraid it is necessary to individually drop the coin or token, which will indicate problems in the coin itself or in the token. Here it is necessary to find out the reason for such a fall and if this reason is a long time, then it is worth considering the immediate sale of such a crypto currency.

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June 14, 2018, 10:35:18 PM
 #39

Those that bought at 19000 and panic selling now are been rational, they need to save their investment. But to me, I hold and until the period I am expecting to sell reach,I don't sell.
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June 14, 2018, 10:40:56 PM
 #40

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?
Maybe, i would just stick into holding as its market value falls even more. I think that's obvious, you will lose profit just because of impatience knowing that there's a chance that the market will recover after a couple of weeks or month. So robably, I'll just store my Bitcoin and will just be back to it when the price is startingbto recover.

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