At what price will you panic and start selling coins?

[ParveZ219]

I dont panic if I am Investing in Bitcoins ...Cause in short time investment we dont need to panic and infact we dont invest our everything in this...I invest that amount from which I can make some profit or bearable loss....And if you have firm belief on bitcoin then you must not panic. .Rest depends upon luck..If you are too unlucky then may be you will suffer from total loss...

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[JeramiParan]

If depends upon your decesion skills on selling and holding, when you feel like the price is reasonable enough to gain profit then it's your decision, but if you think price is not enough and you feel that the price might pump up again, then hold. It is a matter of decision making.

[Nilda]

Panic selling never crossed my mind. That’s the good thing about investing only what you can afford to lose. Less room for mistakes. 

[rajkr]

Actually it can not be fixed amount , if the amount comes less than your buying price, One got panic and try to save its money because the deep of fall is not predictable in BTC.

[Jessica2009]

          I will not get panic and start selling the coins that I have when the price starts to drop .The price of Bitcoin will fluctuate all time sometime it will go down or it may go high like a rocket speed so don't be panic when the price begins to fluctuate since Bitcoin is volatile the price will never be stable. The newbies are the one that becomes panic when price changes so they begins to sell most of their Bitcoin so it favors the others and get chance for others to buy with low rate and invest .

[putriliesma]

Maybe until the price of Bitcoin reaches 1000 $. But I would not panic at such a price because if his time of Bitcoin would go up would surely rise by itself. Because I do not want to get a loss when I hold Bitcoin that I have just because I panicked.

[Turkish88]

I am sure what i dont sell coins at any price, more likely is going to zero.
Then i wait recovering if recovering don't happen i am forgot about cryptos how one part of live

[tetyulfania]

You have holding your asset and keep it until your altcoin have reached to highest price, never sell at lower price because have bad effect for your self and its not good for losing your money. Never panic when you faced your asset was drop and altcoin have lower price because it usually time to reached at higher price.

[wizmo]

I have also bought bitcoin when the price was around $14k but I don't panic sell because I know that bitcoin always bounce back and reach new ATH and another reason is that I only investment with spare money I have so holding for longer terms doesn't affect me very much. I do cashout some part of it regardless of it's price for my personal expenses.

[Deeyoh]

I'd panic sell a few when it hits 1 million per BTC. LOL   Just because you know it'll crash back down to 300 or 400k. 

[Kang Bahar]

I bought Bitcoin at the price $ 402. If Bitcoin prices fall below $ 1000 or $ 402. I would not to panic, and why? Looks like I'm habitual do not to panic under any circumstances in the market. Instead, I will buy again at the same price.

[$$$sparkles$$$]

I don't even know what panic means! Coz panic has no room in my books. Nothing good will come out of panicking especially when money is involved. So panic does not apply to me coz I have prepared myself before jumping in. That's the advantage of DYOR!

[Amokomowo2005]

At this current stage that i have understood some more things on how this cryptocurrency works which has makes me to be confident not panic in market price because i know it will bounce back.

[classictee]

everyone cant hold for long-term too much because it will get to a stage you will want to sell for one reason or the other, the only price that will make me panic sell is below $1,000 with no support to rise again may be due to a policy.

[Ifamily]

I think 6850$

[goodluck0319]

I think I would not have sold coins, as earned by this movement is already good. no matter how much it has decreased, it is pointless to sell

[iotarocket]

I won't panic and sell no matter what. It's a mindset I believe that separates good from bad investors. I keep in mind that bitcoin is scarce and will continually diminish in the amount of it that can be mined. Those who cannot stomach the volatility should consider diversifying or investing in other asset classes.

[drachman]

In the first place, I don't panic. So I don't have a panic button. Panic will only make us do things that we would regret in the future. People who panic are those who joined unprepared. It's like going into war without the proper military training in order for you to survive. So there's really no reason for me to panic cause I've got my weapons with me.

Everyone has a panic button you just do not know where your limits really are when it comes to the price of bitcoin and other cryptocurrencies, after the crash that we experimented at the beginning of the year not even once I was tempted to sell, so I know that I can resist a 70% crash without even flinching, can I endure a 90% crash? I suppose I can but I will not be sure until it happens.

[CodyAlfaridzi]

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 have one. I simply couldn't understand why would anyone sell at such losses (assuming they bought at $19K). If you're looking to cut your losses, you should do it when Bitcoin price is still above $12K. Selling below $6K when you bought at $19K means you're only getting below 30% of your initial investment and that's just ridiculous. Better keep holding that Bitcoin just in case it goes another megabull to make new ATH.

[vnck25]

I am for the long run! I believe with the hype behind Bitcoins and its limited supply (less than 21 million) the world's first every cryptocurrency will have a very bright future in the next 5-10 years. If you are looking for a quick buy and sell for a huge profit, I think with the current market tread you will be disappointed. Honestly I would never sell my Bitcoins, unless there is a very serious financial emergency that would endanger my family. And would keep amassing Bitcoins when they are going down like now.