At what price will you panic and start selling coins?

[bitfocus]

when it reaches negative value, that will be my panic trigger

[Vanessa87]

I try to calm down if the price of my coins goes down. If the coins I got down I would have sold the coins directly for fear of further price decline.

[iMark]

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?

First of all, I think that we should never panic. I know that panic is an uncontrollable emotion and no one panics willingly. But then also we should try never to panic. Because decisions taken in panic always land people into trouble. I know that I invested in a good coin so it will return to its real worth. So there is no need to panic. Yes if the value of the coin falls to zero, I might panic.

Of course we don't have to panic in facing a problem in the crypto market, because panic will produce immature choices, because you will use emotions in taking choices, assuming whatever price will go down, keep calm and don't panic. just keep believeing that prices will definitely recover

[siglesias]

actually, I'm a person who doesn't panic easily. but, I will panic if the coin price that I buy drops rapidly more than 80% and of course, I'll start selling the coins at that moment. it's a nightmare for me.

[xuzukami]

In my opinion, the last price I can sell my Bitcoin is when it drops below $ 2000. But do you think that would happen? And my answer is no. Over the past few years, we have witnessed tremendous market volatility, the BTC and some other Altcoin have significantly reduced their caustics. However, BTC's chemical capital remained at 51%. And over the past few days we have seen the resurgence of this electronic money market.

[Layers318]

One thing i know for certain is that the crypto market can never die off and the market will always recover whenever it goes down. I only get to buy more good coins at cheap price whenever the market goes down.

[beniesyde]

selling a panic is a big craze for traders, which they abuse every time they trade even a market buying panic, but if we can control emotions to sell coins. I will not sell, I have nothing to lose in bitkoyne. I'm in the long run. It's more comfortable for me.

[Delinquency]

If you are a person who panic when you invest, you've already lost anyway. Personally I don't sell with panic, I follow indicators, news and human reactions. If most of these tells me I must sell, I sell. Then price has come down point when I expect and buy. I'm telling you pals, don't panic. If you will, withdraw all your money and go back your ordinary lives.

[Breanne]

I'm not panicking at any price, save for when BTC might be declared officially dead (hopefully, this will never happen!). 

[spadormie]

I don't know, I believe that veteran holders have been in this situation so, I think that, panic-ing is not an option for them, so do I. I will not sell my coins even though bitcoin is at 2k or something. That's kinda big for big hodlers.

[Ruffian1314]

I will sell it below $1000 if the bitcoin fall in that price because for me i think thats the time the market is destroyed completely and bitcoin will start fading. But i believe that it won't happen because bitcoin already shown its capability to surpass that obstacle to the point that it will crash to a very low price.

[vachellie]

I will sell all my coins when bitcoin prices drop double the price when i buy all my bitcoin, but hopefully this will never happen to me, for now i just need to pray and hope that bitcoin prices will increase again.

[ryan619]

I dont usually panic though at times i get scared to loose money. I am patiently waiting for bitcoin to get back on its feet so i can actually start selling some of my coins

[pangitkaayo]

I still won't sell it even if the price is so low, because i look at bitcoin as a long term investment not as a present.

[Malam90]

I am not panic seller and don't like selling my valuable  bitcoin at cheap rate. I like to buy at cheap rate rather than sale. I don't  like any point where people will be panic.

[Dadaro]

bitcoin is highly volatile in can go up and down in a day. you should know how to divide and use your portfolio when investing. save some for the bear market then sale when it recovers.

[Sofiyah]

I will panic and sell my bitcoin when the bitcoin price reaches $ 1000, why ? because the first time I knew bitcoin, bitcoin was at a price of $ 1000, and if the price would dump up to $ 1000, I would be very panicked and sell bitcoin so as not to big lose.

[bajingluncat]

for now I have not thought that way, instead I am currently aspiring to continue to collect my btc, I have no standard in what amount of time I will stop, after all I still have a small scale btc I still want more, no matter if the price btc in the near future will continue to go down I will still be patient waiting, I will not be touched by my thoughts by other people's opinions because I am ready whatever the risk even though I have to lose my money, because in this BTC I am a full investment not a work that is always demanded for continue to benefit because of the need to meet all financial needs
 

[Ucy]

I don't hold Altcoins I do not understand or like  long-term.  Though I day trade them once in a while on exchanges while focusing mostly on the top coins.

I hardly sell coins I believe are valuable. I just store them safely and forget them once I received them.

[mbenga]

I have already sold my bitcoins so this question is not bothering me anymore but I would say that I will buy bitcoin if its price will be below $4,000 because in my opinion that's what it is really hard to go under.