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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 4156 times)
overseer470
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June 24, 2018, 04:22:10 PM
 #181

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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KodyAaron
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June 24, 2018, 04:39:36 PM
 #182

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 do not think panicking can lead to any good. There is always a way to be patient and invest in other coins like TAU, GRS and QSP which are low priced coins and are satisfying the users too. TAU for example shall soon be listed on binance exchange and has zero transaction fee which is pretty commendable considering it is priced low.
muddy waters
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June 24, 2018, 04:44:34 PM
 #183

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 doubt that it will go down much further, but if it does... where would you start selling your coins?
I think dropping below $2,000 is the critical point that would ignite panic selling, especially among those who bought BTC at $6,000.
Still, such a scenario seems improbable for me even despite the general negative trend on the market that we've been observing over the past month.

Singbatak
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June 24, 2018, 04:57:26 PM
 #184

If the bitcoins have fallen, maybe about $ 2,000 I sell. And I'll buy it again if it crashes further. To get more bitcoins I can buy. But I do not think it will ever fall, especially if the wealthy people have already supported the bitcoins and if it crashes it will definitely recover quickly. So do not worry about it and take advantage of the low price of bitcoins to make even more profit in the future.
sukoyomi
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June 24, 2018, 05:00:33 PM
 #185

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?
The principle of trading is to buy when the price is cheap and resale when the price is high. if the price drops then the chance to buy. I am sure especially on the bitcoin your money will be safe. bitcoin is a kind of long-term investment, so you have to be patient and have courage.

Deathgamer
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June 24, 2018, 05:01:48 PM
 #186

Well for I really dont find myself panic even if bitcoin maybe so low,even if it reaches $1k because I am really sure that bitcoin will rise again or even if it wont all my investment in bitcoin I consider it lost because I invest what I can only afford to lose so for me its either earn or lost until the end.
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June 24, 2018, 05:07:38 PM
 #187

BTC will not give very much fall, if they have bought coins high and there is an opportunity to hold them in a long time, then it is just left and forgotten until better times, the only criterion of the coin should be with a good foundation
IsusCu
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June 24, 2018, 05:10:01 PM
 #188

If we dip below 4000$ I'll probably sell out. The only reason why I'd do that is 'cose i don't have enough time to wait for the market to recover. Otherwise, if i had time, i wouldn't sell out even if we dipped below 1000$.

HODL!
larissakron
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June 24, 2018, 05:11:28 PM
 #189

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
Kupid002
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June 24, 2018, 05:18:11 PM
 #190

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?
The principle of trading is to buy when the price is cheap and resale when the price is high. if the price drops then the chance to buy. I am sure especially on the bitcoin your money will be safe. bitcoin is a kind of long-term investment, so you have to be patient and have courage.
and first thing about is when you are starting here you have to be aware that you might change your way of thinking about on how are you able to make money cause it it may takes time so being patience and staying calm could really help you with.

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IsusCu
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June 24, 2018, 05:19:57 PM
 #191

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

Those times won't be so good for us that got involved with BTC when it was 4000$-5000$ Smiley i prefer it this way Cheesy
Ronztimz
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June 24, 2018, 05:21:39 PM
 #192

In the world of cryptocurrency there is no panic.After all, if you panic you can lose everything and this applies not only to exchanges and trading in the currency and in the world as a whole.You need to be spokoinym and to any situation is easy and before that zdelati 7 times to analizirovat!
minhquang3869
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June 24, 2018, 05:36:48 PM
 #193


The panic in this market is the dark one, you need to calm down before making your decision, to me when the BTC price below $ 7000 I will never sell.
sieemma
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June 24, 2018, 11:29:15 PM
 #194

I do have any intentions that I will ever panic just because of a low or a dump in bitcoin price. I remember these kinds of dumps happening the previous years and after that things come to stand out good again. I am never shaken by the actions of these lower prices. I will keep holding until I feel like I have to sell.
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June 25, 2018, 06:22:30 AM
 #195

I would rather just store all of my bitcoins in my Ledger Nano S hardware wallet for a few years rather than selling them away at a loss, I think crypto-currencies investors should not panic during a bearish market as the values of bitcoin will eventually recover to its previous high someday.

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IsusCu
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June 25, 2018, 07:01:42 AM
 #196

I would rather just store all of my bitcoins in my Ledger Nano S hardware wallet for a few years rather than selling them away at a loss, I think crypto-currencies investors should not panic during a bearish market as the values of bitcoin will eventually recover to its previous high someday.

That is a valid point, I was thinking to do something similar but If i need the money i would have to sell even if the price is low, and that's killing me Sad
levvv
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June 25, 2018, 09:53:21 AM
 #197

i think i wont panic selling my coins even though the price of coins is dropping, cause it is no use.
maybe i sell my coins for buying another coins. It is like swing holding. I change my holding if some coin become a bad coin.
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June 25, 2018, 10:38:13 AM
 #198

If it goes below $5000 then I will have no choice than to sell.
jeepuerit
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June 25, 2018, 10:51:51 AM
 #199

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?
The difficult situation is trading and investing heavily in altcoins and it has fallen in price and suddenly comes down to delesting the unnamed invested altcoins in the market that are being traded, that is why I am boasting.
sandisunny
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June 25, 2018, 11:04:29 AM
 #200

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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