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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 4159 times)
IsusCu
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June 28, 2018, 09:29:29 PM
 #241

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.

I totally agree with you. I think that people are focusing on completely wrong things, and way too many people invest in bitcoin just so they could make use of its volatile nature. That's bad, we don't want that!! Cheesy
KiloWatts
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June 29, 2018, 05:22:17 AM
 #242

 I think i would being panic if bitcoin dropped to $3000 or below. I hope that the price won't go back to into that price or less.
Ale88
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June 29, 2018, 05:47:10 AM
 #243

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 won't sell. I didn't sell when it was higher, for sure I won't sell now at these ridiculous prices. Sooner or later bitcoin (and the whole market) will go up again, so I don't see selling as an option.
poonampawan
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June 29, 2018, 05:52:32 AM
 #244

People won't believe how much I'm down since I came in crypto but still I'm not planning to sell anything specially in bearish market. If Bitcoin can go from 1000$ to 19000$ then sure it can go up from current levels too. Not going to sell anything until I'm in profits.
Kelvinikke
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June 29, 2018, 05:53:08 AM
 #245

I have been in crypto for quite a long time and i have never plane of engaging in any panic selling because i understand the trade system of cryptocurrencies and how volatile they are so i am not surprised when prices of bitcoin is falling below certain level. I just hope and wait for it to rise soon. You need to have patience if you are going to engage in crypto activities or else you will always be quick to react and regret at the end of the day.

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Nguyenkhacdoan491994
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June 29, 2018, 05:58:57 AM
 #246

I will not sell it if below 10k $, me expect is more than at btc.
nguli
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June 29, 2018, 06:40:09 AM
 #247

to be honest I would panic when the price goes up and I would be happy if the bitcoin price goes down which means I can have a chance to buy bitcoin at a cheaper price again as an example at the $ 1k price then I would be very happy.
Joemzz31
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June 30, 2018, 01:45:07 PM
 #248

Actually I can’t say or name the price that I will start to sell my coins
because for me the sudden change of the amount of it, in the market in the law price is a normal scenario in this business.
Glydel1999
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July 01, 2018, 03:35:10 PM
 #249

I can’t say any amount or price that I will feel to starting to sell my coins
because i know it is a normal state of the business, ups and downs just be brave how to deal with it to avoid regrets of losing coins.
mommysean
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July 06, 2018, 03:28:13 PM
 #250

i won't be panic to selling my coins even though the price of coins is going down.
i will sell my coins and buying another coins which i think it has a good future to be hold.
i will change my holding if some coin becomes a bad coin.
emmybd
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July 06, 2018, 03:32:13 PM
 #251

Well, I wouldn't panic, no matter what happens. Panic selling wouldn't help, so there is no point in selling to recover some loss. I believe the market wouldn't go down forever, so i will continue to hold my coins.

Nakakapagpabagabag
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July 06, 2018, 03:33:15 PM
 #252

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.
For people that is long in the bitcoin, like us, i believe that we are not going to panic selling our bitcoin when the price of it drops, because we know that this situation happening is normal, because bitcoin is volatile, it decreases now but later maybe before the year ends it will surely increase again. All we need is patience on waiting for its increase.

budakjawa
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July 06, 2018, 03:37:14 PM
 #253

bitcoin prices will make me panic when bitcoin reaches $ 2k price because that's my opinion is very cheap and has experienced a very deep decline and will make me panic.

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July 06, 2018, 03:41:57 PM
 #254

I think this is you leave a position always to know your limits and be aware that prices can fall and be ready for it , then I think you'll be relaxed and you'll know what it may bring .
Gotumoot
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July 06, 2018, 03:58:52 PM
 #255

Well, I wouldn't panic, no matter what happens. Panic selling wouldn't help, so there is no point in selling to recover some loss. I believe the market wouldn't go down forever, so i will continue to hold my coins.
The people that are panic selling their bitcoin, is the people that is not really know what is bitcoin and what its capable to do. I think that all of us know that bitcoin is volatile, it means that the price of bitcoin is rapidly changing and its unpredictable to know if its going to increase or decrease, so the dropping of its price is normal, it will increase again someday, just be patient on waiting for it.
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July 06, 2018, 04:11:06 PM
 #256

Having in mind my long experience with Bitcoin, more than five years, I don't panic.
I've seen many Bitcoin price scenarios and I don't think there is some that would shock me.
Also, I'm the long term investor and I take volatility of Bitcoin as an advantage, not something to be worried about.
And I never sell Bitcoin because of the price, only because of need that I might have so price actualy doesn't influence much on my decision to sell.

envy1997
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July 08, 2018, 11:48:36 PM
 #257

When the price is low it makes everyone is panic, doesn't need to be any exact price, only if it hits low price means everyone is panic and start selling their coins.
drachman
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July 09, 2018, 02:12:56 AM
 #258

I'm ready to hodl my coins to zero. Cause I only invest what I could afford to lose. Given how risky the crypto market is one should know this before investing that the markets could drop to nothing within a short period of time due to the volatile nature of the markets. Everyone learns their lesson after the first bubble pop.
This is the right attitude and the only one that is consequent with an investment in bitcoin, I'm ready to hold until the end, I am willing to sell my bitcoin if a I see an opportunity in an altcoin but I always come back to bitcoin but if bitcoin were to collapse I can accept it, but even if this is the attitude that I have I know that it is never going to happen, bitcoin is always going to have some value.
aileenc
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July 09, 2018, 02:19:50 AM
 #259

I won't see my coins unless there is emergency. I am in this Bitcoin game for long time.
bigblackdeck45
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July 09, 2018, 02:30:02 AM
 #260

I don't panic sell or consider selling my bitcoin. For me I treat my bitcoin like nothing, I just bought them and forget about it then check on it maybe a couple of years. I mean I got bitcoin because of doing bounty campaigns and I never used any of my money to buy one so that is the reason why I just forget about it.
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