At what price will you panic and start selling coins?

[mel1978]

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 will not get panic anymore when the price is high and low because I am always feel this and have noticed always that this is the life when trading coins. What I did is when the price is low I will buy if I have money, there are also instances that I may force to sell my coins because I am really in need of money. So maybe it depends upon the situation.

[PhucS]

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?

I have the same opinion with you, I will still hold Bitcoin, the discount does not seem to affect too much to me. Most people are anxious and panicked during times of crisis, especially new investors in the cryptocurrency market. They usually sell all when they see signs of volatility. There are many people who choose $ 6000 as the price they are worried about and should sell to avoid losses. I think maybe the price will continue to fall and the market will continue to fluctuate

[khaled0111]

you are one of the few person that bought low and sold high, at least you succeeded to recover your invested money and hopefully got some extra money.
Personally, I wasn't that lucky, but I will never sell while there are still miners mining Bitcoin and I am sure that 19k Dollars is nothing compared to the Bitcoin real value.
I will sell when Bitcoin cross the 100k$.

[rockie87]

There is not such specific limit for panicking in trading.It is a situation that makes you panic. This situation develop when the price goes below your purchase price.It might be  7000$ or 3000$ it can give you panic.Person who purchased coins in 7000$ gets pacnic when price teaches to 6000$ and he starts selling  them but it is not the case with person who purchased it in 3000$.And now the market is down it is a panic situation for all of us.

[irenegaming]

Well if Bitcoin price decreases to such a point that I would get panicked to sell my coins than my investment would have already lost so much value that selling it at that price wouldn't make any sense. Also I only invest what I can afford to lose so I don't really care if Bitcoin price goes to zero tomorrow as I have trust in the project.

[VeronAncient]

I will not panic even though the price of coins in a few days is always down. the price of the coin will fall to a certain point and will return a long shot. I will wait until the price returns high, because selling assets will worsen the situation.

[paulk11087]

Already these prices are now low prices for long-term investors like ours. If we were intending to panic and sell it, we had to do it after 10k. Focus on some other things that need to be done here. Surely he will.

[SectorZero]

I don't even have that point. We are waiting for the total capitalization to grow, because the portfolio consists of a cue ball of only 2 %, I do not know whether I'm doing it right, but the fact that bitcoin is dangerously falling and slowly rising is a fact. If you think otherwise please write to me.

[huige007]

i bought bitcoin when the price were decreased to 6200$ and i think this price will be lowest price of the bitcoin at last time of this year and i bought it in amazing price i will never sell bitcoin again i will hold tell end of this year because in every year of last month bitcoin price are always crease a new target and we all know in this year the price will be instantly increase in this year.

[abiola1]

I trust I don't see the value that will influence me to freeze such a great amount to the stretch out of hurrying to auction. I know we as a whole need to keep our feelings and persistence on a decent level and I can gladly say that I have figured out how to be quiet and to avoid freeze. However, asides be sufficiently quiet, a financial specialists ought to likewise be on alarm. I figure and expectation it won't be conceivable yet I will just auction when the cost goes underneath $1000.

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[DainSLane]

I could  not tell what exact price that im gonna panic and i start selling my coins perhaps if i see that the price was stable in the low price in 2 weeks to 1 month i guess im starting going to panic, what is inside in my mind was the price is never go up and that is why im gonna sell my coins.

[dutchkay]

The funny thing about this game is that many people rushed in during the price spikes last year and that was during 19000. These were same people that were not eager to invest in the first place. Now a little shake off in price and they all have sold in loses. Now bitcoin price is low , they are not interested in investing now, probably waiting for another spike to jump in again.

[Edraket31]

The funny thing about this game is that many people rushed in during the price spikes last year and that was during 19000. These were same people that were not eager to invest in the first place. Now a little shake off in price and they all have sold in loses. Now bitcoin price is low , they are not interested in investing now, probably waiting for another spike to jump in again.

Well, sad but truth a lot of my friends invest in that amount too and now they cannot withdraw or enjoy their investment since the price is still too low, funny that I encourage them to invest when the price was still at $5k but they were still in doubt with bitcoin that time, well it should be a lesson for all of us.

[MartinAK]

By reason of current market price of bitcoin less than 7000, i have personally got to the point f no panic for any price of a coin. But its really disgusting when prices drop so low than what you invested and that really worsens the case but with patient and time it will regain it value. I believe in the crypto world everything is possible as compared to the currency world so we should embrace them with faith and hope for better market when it comes so that we can sell but when its low let us not panic but trust it will increase.

[Kingofbitcoin12345]

I voted the lesser one and that’s below $1000,, but if zero is available in the choices then that would be better.. Look hypocritical to those who are judgemental and who don’t know me personally.. I don’t value bitcoin in its price,, but to its future.. Money can be earned,, but the chance to take away the monopoly of the rich in our financial system is legacy..

The price now is temporary,, think of what it can do for our future generation.. I don’t panic,, I HODL..

[Milanels]

I don't think i will panic. I invested only the money, that i am ready to lose and even if Bitcoin will be below 1000$ it will not be the end of the world for me)

[WaffleMaster]

It's probably a good idea for any person speculating on Bitcoin price to set sell spots at no more than -10% of what they bought in for. So that would be $5,400 if they bought in at $6,000... always good to have a plan, and you can always buy back in if your investment dropped by 10% but at least you're not getting killed in the streets when you lose 30-40% which seems regular these days.

[hyipplus]

In my opinion, it is silly to panic, because it can prevent to think clearly. As for me, I will wait, because believe, that bitcoin will grow.

[walemil]

I can't find my preferred option here because I can never panic and sell bitcoin. I have sold bitcoin at a very high price and made great gain and there were times I didn't make good gain. But in all I profit a lot from bitcoin, so it is a must have forever for me even at any price.