hghcoin
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June 27, 2018, 10:04:58 AM |
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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?
First of all, this panic comes from the price I bought Bitcoin. The price you buy is less than $1,000, but I'm buying it at $6,000, so I might be worried when he falls below $4,000.
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Buttermellow
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June 27, 2018, 10:05:13 AM |
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Well there i am certain that if bitcoin market price fall for more their will be panic selling and it would be difficult to regain back the bitcoin image as the great digital currency and there could be another digital currency that will compete against bitcoin. So if i am the owner i will just let the people invest more do more marketings to get more demand on it because if not people will engage and turn their heads away on bitcoin investment.
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James_H
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June 27, 2018, 10:13:55 AM |
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Yes surely everybody will sell all their coins at the highest price, because they ease the huge profits from bitcoin so they will hold all the bitcoin until their new $ 25000 bitcoin price will sell all their btc
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Malaya
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June 27, 2018, 10:17:41 AM |
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People panic when the price of what they have invested got lower than their capital investment. Thinking they will lose and wont get any profit. Anyway, I don't hold a lot of bitcoin, I got it from joining signature campaigns. But I'm holding it still. And hoping the price will go up.
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karloscimot
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June 27, 2018, 10:20:33 AM |
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I will not sell my bitcoin unless the price has gone up. and if the price goes down I will be patient and keep waiting until the price goes back up.
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Chrystora123
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Omicron is another FUD
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June 27, 2018, 10:26:35 AM |
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at the price of $ 5000, and I'm definitely going to sell my coins because it is likely that the price of Bitcoin will continue to fall...and if the price keeps going down then I'll buy it back again at a very low price, because "Pump" is likely to happen.
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jocker00
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June 27, 2018, 10:36:28 AM |
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i think that in next two or three month bitcoin price will get higher and at the end of the year it be much more then it is now ,so after having this thought i think if it goes down again and again come to 1000$ then i think it will be best to sell but despite all that bitcoin price will never goes down under 1000$ if it does then there have to be better currency then bitcoin and we know it for sure that there is none.
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kraken_Mik
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June 27, 2018, 10:50:06 AM |
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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 $19,000 last year, and I think many of them sold already. Do you have a point,
where you will push the "panic" button?
I doubt that it will go down much further, but if it does... where would you start selling your coins?
If the price reaches 100$ for bitcoin, then I will sell it)) But I hope that doesn't happen.
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BitBite5
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June 27, 2018, 10:53:36 AM |
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I don't panic. Think that I'm with bitcoin long enough to know how it's functioning and how the price can change so I keep my head cool and try not to involve emotions too much. And I count on bitcoion as a long term investment so I don't react on sudden and short term changes. But I do sell my bitcoins when I need fiat money, not because of fear of losing.
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marlonbatotoy
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June 27, 2018, 10:58:20 AM |
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For me i think if i losses some money because of the downfall of bitcoin.. I think if i buy it for the rate of 19k and it down to 6k well i think I'm out of my mind if i sell it in that rate.. But if emergency comes.. It will be hard to sell but you need to sell it..
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crypto1010
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June 27, 2018, 11:00:14 AM |
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I think we need to move away from the buy, hodl and sell strategy as I see it to be the reason crypto prices keep dipping
Many might argue about this but if you consider the early buyers that can afford to sell at whichever price now because there is no loss for them as current price is way over the initial price and that's why I suggest a no hodl strategy but embrace the everyday use to try and stire up demand.
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biangkerok
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June 27, 2018, 11:03:29 AM |
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when should I sell my bitcoin assets? it all depends on the price of how I buy it, if I think it's a profit then there is no harm I sold some assets to secure my capital. but if the condition is like now I guess I will never sell my bitcoin loss, because the principle of investment is profit.
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putrisa
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June 27, 2018, 11:19:39 AM |
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to be honest I would have experienced such a deep panic when bitcoin prices dropped to a price of about $ 1000 because that would make me a great loss and would depress me for losing my money.
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rossr1
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June 28, 2018, 12:36:20 PM |
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I think that this statement is very wise, because you've told that you have returned all the money that you have invested, and this is like my background to, I'm not worried about the prices. Just about money that I lost or earned.
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cris ronaldo
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June 28, 2018, 03:20:35 PM |
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300$ I will start panic, but not selling, buying Cheesy I remember those good times and want to get back to those good times Smiley
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Jetakenare
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June 28, 2018, 03:48:05 PM |
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At current price it makes no sense to sell. And further panic selling will only drive the price down. I think it best to wait the bear run out. I keep referring to the technology behind bitcoin. Once the technology is sound,it can only moon.
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curry101
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June 28, 2018, 04:01:30 PM |
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Because bitcoins value is getting lower i dont have time to panic and i will not sell my coins. Even if it will go lower than $500, i will not sell it otherwise i will buy more. Big risk equals to big profit.
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barcelona 94
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June 28, 2018, 05:19:49 PM |
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I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
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bitcame
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June 28, 2018, 05:51:16 PM |
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I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
agreed, the current figure is still quite good to hold our assets. do not rush to sell it, chances are you will regret if sell it now. the $ 5k figure is considered to be the lowest point if we are guided by the cycle end of last year that can go up many times over.
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ofelia25
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June 28, 2018, 06:53:35 PM |
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I will panic when the sale goes down below $5000,but in the interim now is still the best time to hold and not sell. Because there is a big possibility that the price will definitely hike, considering the demand for bitcoin will be more towards the end of the year.
agreed, the current figure is still quite good to hold our assets. do not rush to sell it, chances are you will regret if sell it now. the $ 5k figure is considered to be the lowest point if we are guided by the cycle end of last year that can go up many times over. So far if people will panic all the time and will begin to withdraw all of their investment then that time I am going to panic, since we don't need to panic when that happens, we should at least know more about bitcoin is and if we truly knew it we won't not panic.
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