At what price will you panic and start selling coins?

[Shimmiry]

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 think for me I'm just going to risk it all than sell it then also lose. These risks make us win something more than what we expect and cryptos is very unpredictable but I know it is going to rise up again. I will hold bitcoins until it dies like no value at all because in investing you must learn to wait, and you either win or lose profit. Risking it makes your profit more bigger.

[Luthfiyaaa]

maybe at the price $ 2000 as I first got to know bitcoin for $ 2000. I would panic sell if bitcoin to $ 2000, because maybe then I would lose more than 50% of my assets. but it seems to be difficult bitcoin to reach that price if many people will continue to buy bitcoin.

[NavI_027]

If ever btc drops very hard assuming it reached an ATL then I will panic of course simply because it's a normal response by an investor but in the endI foresee that I'll remain hodling. I'm not 100% sure if I can achieved this but I believe I can do it. I've already witnessed a lot of major dips of btc especially the one happened after China ban ICOs (that was a crucial one to be honest) and I can confidently say that I'm less scared now and much stronger emotionally when it comes to risking.

Furthermore, if ever btc nearly drop into 0 and shows no recovery (though impossible) then it's time for me to move on but I still refuse to withdraw my coins, I'll just let it stocked on my wallet because the chance that it will suddenly recover cannot be abolish, who knows?

[carlisle1]

Actually as much as possible this is the last thing i can imagine that will being apart from my bitcoins,because i have been holding this for years now,i able to handle not to sell even when the price pumped last December 2017 ,but to answer your post i guess when the price goes $3,000 again then i will sell all my coins and leave this forum,since i have invested offline business and now its getting great then if the dumping continue we will be saying goodbye to each others

[gabmen]

maybe at the price $ 2000 as I first got to know bitcoin for $ 2000. I would panic sell if bitcoin to $ 2000, because maybe then I would lose more than 50% of my assets. but it seems to be difficult bitcoin to reach that price if many people will continue to buy bitcoin.

Way too low already and if it goes that low, then probably there's no recovery for btc which I don't think will happen. Saving capital would probably be a good idea by selling before you go below your entry price but if you're already at a loss big time, I guess you'd have to go all in. At least that's how i'd see things personally.

[RSM0103]

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?

For me i will start selling at $5.9k because if it breaks the $6k barrier it will drop down to $3k USD. For now i don’t have any bitcoin in my holdings but for those who bought bitcoin at higher than $6k if it go further down i suggest to continue to HODL because bitcoin will surely recovereven if it drop so hard today.

[1020kingz]

I do not panic sell, i’l continue to HODL because i hardly believe that bitcoin will surpass this economic struggle. In this situation the one who believe and trusts bitcoin will win this battle of markets.

[microbb8]

Of course, if you went to the market when bitcoin cost less than a thousand dollars, then you have nothing to worry about. But the people who bought Bitcoin for 15000 - 20000 $ it's time to panic.

[Ewox]

I dont specifically have a panic button however I told myself if ever bitcoin reaches back below $1k then it would be something alarming and maybe that will trigger me to start selling whatever coins I have left by then. I dont think anyone that has reached that amount will not tell themselves to panic and start selling though.

[Dudeperfect]

Even though the great investor Warren Buffet has a different opinion about Crypto market, we cannot ignore his authority when it comes to the investing. I have personally experienced and observed that his principles also work very well in the crypto market too so when it comes to the selling, I am not a great fan of it unless there is some cash crunch. As Mr Buffet says "Be fearful when others are greedy and be greedy when others are fearful". I am not willing to sell my investments anytime in at least 5 to 10 years from now because I am optimistic about the growth potential of Crypto industry down the road. On the other hand, I am also prepared for the worst case scenario and like it is recommended multiple times that one should never invest more than his loss-bearing capacity.

[daarul50]

I never set a price point when buying or selling because I enjoy more price movements that occur. All movements I use to gain profit, although not big, better profit than loss. Maybe if i like this and lucky to buy when bitcoin price is at the point of $1000 then i will feel panic and sell bitcoin when it is near the point where i bought at that time.

[wildflower18]

I would start panicking when price become below $1k. The price is very doubtful the future of bitcoin and I think many users will become disappointed on this case. Therefore, many challenges will happen to bitcoin because price is unstable

[virarara]

Maybe with bitcoin prices that once reached above $ 10,000 then I will sell my bitcoin when panicked at the price of $ 2000 dollars. Where is the starting price when I buy it.

[cosmoo]

I will not sell my coins even if price will drop to the bottom. I totally sure that cryptocurrency will not die and I will wait for it's price recover.

[Antana]

I think that if i see the price at less than $2000 i would sell all my bitcoins right away because of a huge FEAR, that is the only range in where i would sell everything

[vonnyaries]

at this situation i will panic and sell my bitcoin when the price is suddenly gpong down, for right now we can see that bitcoin price is going down but no in sudden, i think its okay for the traders and investor to join in bitcoin and get some profit from it

[Troysen]

I  believe so much in the ability of my coins that I don't think I'll ever sell out of panic,the market might be low and they might have lost a considerable amount of value but I know this situation is just temporary,I will keep these coins as long as possible and if I have to sell, I'll sell only when they are. At the peak

[bellanas]

Below 3000 dollars. This is an important price for me. If it is lower, then there will be panic. I hope this does not happen in the near future.

[FlightyPouch]

Below 3000 dollars. This is an important price for me. If it is lower, then there will be panic. I hope this does not happen in the near future.

Do we really need to panic? There is a lot of investors that will take that low Bitcoin price as a great time to buy or invest on crypto currencies. Having a low price is a normal thing to Bitcoin since it is a volatile currency. If the price drops, it is the great time to invest; if the price pumps then it is a good time to sell and enjoy our profit. It is just either of them so we don't need to worry.

[Xardasim]

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 don't sell unless I need the money, if i invest money in coin, i want to earn some profit.
But, if i wait for it and the other chance is out of hand, I will definitely evaluate it.
You should be prepared at all times in these situations, there are always movement in the market.