Post
Topic
Board Bitcoin Discussion
Re: At what price will you panic and start selling coins?
by
Pump N Dead
on 27/08/2018, 18:29:47 UTC
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?
There is no point of selling it if it already reached below $5000. We already seen the potential of Bitcoin and how it recovers in the past years. Selling it too low is not a good idea because we all know that the whales are waiting for you to sell your BTC at a very low price before they pump it so high.