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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 4218 times)
tunapa
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June 23, 2018, 08:46:31 AM
 #161

I don't think I have to panic sell at any point. I sell my holdings in bits so I won't need to panic sell at any point even if it goes below 1000. I didn't buy at the pick, I am an early investor so am not panicking.
bitcoinking11
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June 23, 2018, 08:48:44 AM
 #162

I have seen low and high before, so i am not going to get panic. No matter what happens i would hold my coins and wait till the market goes to bull trend.
I Like Bitcoin
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June 23, 2018, 08:50:21 AM
 #163

If I had many bitcoins. I probably will sell them if the price went down to 2900 dollars. And maybe not. I just like bitcoin, and the price does not bother me much.

btc-facebook
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June 23, 2018, 08:52:13 AM
 #164

I know bitcoin when it's still $ 300 / btc but I'm as human also want to earn some profit ,right ?
If I want to convert my bits, I can do it right now especially when everything are turn red.
Overall I still hold most of my bits until now !
glowing10
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June 23, 2018, 08:54:13 AM
 #165

Decisions like this are very dicey considering your how much the price was when you bought and the present price but for me when it goes below the $3000 mark i will have to sell.

You should always find out at what rate you had bought coins and if you are in profit then you should be happy. If you start entering losses and till what limit you can sustain it you should calculate it and then accordingly if you cannot sustain more loss you should sell it if markets looks gloomy to you.
TheClownSong
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June 23, 2018, 09:34:04 AM
 #166

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?

You have good patients with your investment. Most peoples will selling their bitcoin when the price drop below $10k but you not selling yours. I will not selling my bitcoin because i am believe it will rising again and reach $60k as many expert predicted
1993jochico
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June 23, 2018, 09:41:17 AM
 #167

I think there is no need to be panic, its more better to buy if they sell in the low price because it will surely pump again maybe on the next months or years if one people invested on bitcoin for a short term that is a wrong move but for long term I cant see any reasons to regret that thing. If you believe on something try to be consistent because if not you will have a bigger loss and regret again in the future.

Geemy
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June 23, 2018, 10:38:08 AM
 #168

5000
sheldonnnn
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June 23, 2018, 10:49:57 AM
 #169

No need to panic. This is a long-term investment and you have to wait to get really big profits. If you sell you are really going to regret it. I plan on holding for the next 4-5 years so I can potentially make some huge ROI's and I think you should do the same. The only way you will beat this market is by buying and holding, simple.
deadpool02
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June 23, 2018, 10:53:16 AM
 #170

I am not going to sell my coins. The market will definitely rise up and those who are selling under panic will regret it later. Price fluctuation is common in the crypto market. So, hold your coin till it gets the maximum rise.
keziakusayang
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June 23, 2018, 10:58:51 AM
 #171

I will not sell my coin if it is detrimental to me, so no matter how much I will not panic, I will wait in the right moment to make a profit, until whenever it is, I believe that the price is not always below and there is a time to get back to the price best.
evlogii
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June 23, 2018, 11:05:50 AM
 #172

I had not purchased any bitcoins at $19000 but if I would have invested at that price, I would have still not sold in loss. There is no point in selling in loss as it is guaranteed that the price will recover in future. This has been so with every price crash in past. Basically, it is juts a matter of time before the prices come back to old price or higher.

My simple advice to all investors to avoid panic sell is to invest the money that is lying idle in their bank accounts. Do not invest all your savings.
angelinedelatorre
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June 23, 2018, 11:13:15 AM
 #173

I sell my coin even if the price is 3000 k. It is my reward so it is my choice to sell them if I want. But Ive got panic if I need money I SELL THEM EVEN THE PRICE IS 1000k.
athanz88
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June 23, 2018, 11:13:47 AM
 #174

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?

Well for me, i wont panic at all, because i use my "free money" to enter this cryptocurrency investment. Although losing money is not a good feeling, i believe it will be temporary since bitcoin will recover in the future, and i believe it will be higher than the latest all time high. I believe.

Because there is no "not panic at all" option, i vote below 1000usd, but really i wont panic at all, and you should add that option in your vote.
WaffleMaster
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June 23, 2018, 11:16:47 AM
 #175

If you haven't sold already you're probably in big trouble Grin like I am right now. I haven't 'bought' any but my assets which I've been acquiring through work are down nearly 3x. My own fault for not having a 10% limit either way, but then again I knew it could get rough for a while based on historical data over the last 5 years or more. So the answer should be -10% for anybody smart Grin
Raggie
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June 23, 2018, 02:29:55 PM
 #176

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?

A good real question indeed. I think i will push my panic button when bitcoin hit $2000.
That is the sign that peoples won't use bitcoin anymore, and will use other coins than bitcoin.
PepperaOnIt
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June 23, 2018, 02:32:50 PM
 #177

if i buy the coin at the price of 2000$ i would say if it goes to 1500$ it will be dangerous to hold and i do not want to lose a lot of money. and if i want to get profit in selling i would say at 3000$ i will start to sell the coin because 50% i enough in trading.
code
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June 23, 2018, 03:24:48 PM
 #178

I have already earned a lot with the bitcoin industry, so I think I will keep them, though they will turn into 0
MortonAlden
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June 24, 2018, 04:19:00 PM
 #179

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?
Firstly, panic is the worst thing an investor can do. Everyone should be relaxed and work calmly before thinking negatively about the investments.  I would never sell until and unless there is some emergency. In the meantime, I would rather invest in coins like PRG, Lisk, ICX etc that can be great for my future as they are currently running great in the market.
overseer470
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June 24, 2018, 04:22:10 PM
 #180

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.
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