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