Post
Topic
Board Bitcoin Discussion
Re: At what price will you panic and start selling coins?
by
oo666oo
on 11/09/2018, 10:39:42 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?

I think I will panic and start to sell Bitcoins when it will reach $40,000. I think that will be the best moment to panic and to sell. Of course others will prefer to panic sell low instead. That is a different approach.