What is your quit point for Bitcoin price?

[maydna]

I don't quit, and even I will buy more bitcoin especially if the price is down for more because I see a good time to buy more and more and hold it for a while. Maybe he wants to ask about when we need to quit buying bitcoin and take a rest for a while and only watching the market moving fast. I think this time, we can try to buy, hold it, and sell for making a profit and still hold bitcoin for some amount and waiting for the price to increase higher. And if bitcoin price touches less than $3000, then I need to buy again and again because that is my chance to buy bitcoin at the low price.

[1993jochico]

For me I didnt think on quiting bitcoin before I agree that the market is really bad right now but im still hoping that bitcoin will rise again before the end of this year 2018.
To answer the main question here, I think I will quit when BTC value fall down on 2 digits.

[Naughty Princess]

Only people who have invested in Bitcoin during the price increase last year and during the bear market this year are pessimistic. Anyone who is interested in Bitcoin is no  surprised by the current price drops. If someone has invested with the desire to earn fast, he has bad luck, everyone who keeps the BTC because he believes in his future does not look at the price now. Profits will come in a few years.

I agree. It is not the fast track to become rich but if you leave the market now because you are afraid to take risk on bear time you might regret this. It is the new start on crypto, maybe it is the lower price now which you can take and wait till the worth if profit comes. We cannot predict what will happen after this so better to be ready.

[pooya87]

i have never invested in bitcoin "only" for its price so i would never "quit" because of its price either. i invested in bitcoin because it was a decentralized currency which i could use globally without anybody being able to dictate my actions or force me to do anything that i don't want.
price has only been a secondary reason for me and that is not going to change.

[basicnecromancycr]

i have never invested in bitcoin "only" for its price so i would never "quit" because of its price either. i invested in bitcoin because it was a decentralized currency which i could use globally without anybody being able to dictate my actions or force me to do anything that i don't want.
price has only been a secondary reason for me and that is not going to change.

Completely agree with this. The main reason for this topic was to see what would be the reaction for a solid price dump. I see that so many real investors will hold the ground. Good to see that.

[PsylockReborn]

The market is full of pessimistic comments lately and most of the conversations include BTC price going under 3k. I really wonder at which point BTC investors give up and quit completely. What is your opinion about this? My thought about quitting never happened but if the price goes under four digits then I might be reconsidering.

The word quit are for losers. I do believe in this technology and I will stick with my plan since from the start. I invest in bitcoin for long term and this current situation and dips won't really bother me since I'm so certain that the market will correct itself anytime soon. With the scarcity of bitcoin few years from now due to difficulty of mining, I'm pretty sure that its value will also increase. I only invest an amount that I can afford to lose so this bloodbath won't really affect me that much.

[VaLeRaaa]

This person optimistically believes that the price will conquer new heights in 2019.
Bitcoin price will likely reclaim or surpass its all-time high by the end of 2019, guesstimated Mike Kayamori.

The Quoine chief told Bloomberg in an interview that while it is difficult to predict how much time bitcoin would take to establish a new peak, he is sure it would touch it nonetheless. Adding that he believed bitcoin bottom is near, Kayamori stated that the market would not show any significant bullish corrections until the end of this year. But after the new year, a lot of catalysts could influence a sustainable rally in the bitcoin market.
https://www.ccn.com/bitcoin-price-will-hit-new-all-time-highs-in-2019-quoine-ceo/

[BuyBuyBitcoin]

The only quit point is $0

Once fiats are pegged to bitcoin nobody is "quitting." 

[cubicdissection]

there is no point for me to quit bitcoin i am long term investor if bitcoin price down more i will be buy more and  hold its for my long term strategy

[Slow death]

There is nothing smart about buying bitcoin, it was always a 50/50 bet, a roll of the dice, up or down.

when you play dice, the instant you see that the dice is on the floor and you already have the result you can not change that result no matter how much time passes, but with bitcoin is very different, if you invest today you will profit or you can have losses, because this is a market, there are sellers and buyers, there are strategies, there are risks, do not come here in the forum to spread your poison.

The price reached $ 20,000 when it was a market that did not have much attention from governments and banks, but things have changed, banks and governments have begun to take many tough measures against crypto and this made many people stop buying cryptos... But in the future when the market is regulated and these regulations are more favorable to cryptos then the price will increase because it will have more demand

if that fails then the next floor at $400 will be tested.

bitcoins are limited and there is much more demand in relation when the price was $400 in the past years, so I believe that in the future we will see very high prices. Do not spread your poison in this forum

The market is full of pessimistic comments lately and most of the conversations include BTC price going under 3k.

this is because people just look at hold as the only option to profit from the market and are not diversifying their investments, when people focus a lot on one thing and this thing is not bringing the results that they expect then they start to get frustrated

I really wonder at which point BTC investors give up and quit completely.

People should think of one day using bitcoin to buy things in real life, so why the hell would they think about quitting?

[nydiacaskey01]

I was there when Bitcoin was being traded at two digits only. I was happy when it climbed and reached three digits but then It crashed to two digits again but I continue to hold on. I saw Bitcoin price climbed up to 4 digits and 5 digits. I continue to hold on until from 5 digits it plunged to 4 digits. My point is, if I was able to hold on to my Bitcoins when it was being traded at 2 digits and now to 4 digits why give it up. I don't care how much is BTC to USD, what I care more is how do I increase the number of BTC that I have.

[blocklancer8]

To decide the exit point of bitcoin, of course, only each person knows. And in fact it is already like taking a step to start leaving or leaving Bitcoin. Nowadays, it's like being bored with the value of bitcoin that doesn't go up. Following bitcoin has greatly needed a strong courage of friends.

[munareal]

I do not have a quit point for Bitcoin. I will stick to it even if it drops to ground zero and I know I will not be disappointed. Bitcoin will rise and be a million dollar one day

[rudox]

Cryptocurrency is where the future of the financial world. Thinking of quitting bitcoin because of the price which we all know the history that it can never be stable but volatile. What was bitcoin price 5 yrs ago that is 2013 was it not below  1K but in 2017 it made it highest high of $20K. So if we are having this price at above $3k  I do not think there is nothing to fear

[Tduty]

Well, I strongly believe in bitcoin whatever the price is I don't care as I know bitcoin will be in the right track very soon. So I have no intention to quit bitcoin nor I have quit point for bitcoin rather than I will keep investing in bitcoin.

[Ridwan Fauzi]

Every bitcoin investor will have a good view of the future of bitcoin prices. Even though at the moment the price of bitcoin is declining, down to the three digits, I'm still sure some investors out there will not consider going and giving up. There will always be investors who say this is a good time to buy, you can see ATH 2017 and every investor gets a lot of profit from his investment, maybe that is a consideration for them to stay.

[treatWy]

This now the right time to think wisely whether buy more or just hold your bitcoin. If you aren't sure enough of what you should do with this drastic fall of market, I think it is good to pause for awhile and get back on tract to eliminate the negative views. Despite of the market undesirable condition be still strong and remain in crypto.

[Muzika]

there was no quit point in bitcoin price, we are a small unit of bitcoin user so the best thing for us to do is to hold and go with the current flow in the market, those holders and those huge investors in the market will control the market and since they are controlling it, it is better to take the opportunity of having some coins while the market is too low and be ready for a long time holding.

[RonF]

I've already sold half my bitcoin and bitcoin cash (which I got for free when it first came out) for a massive profit.  I will hodl the other half no matter what.

[dupee419]

Some have set their standards on what price point will they quit BTC, I don't think that is actually recommended, because the price may be low as of now, but it won't continue to stay like this forever, and that is why I don't think the price would even go down to 3-digits, but If it does, expect  the unexpected.