Post
Topic
Board Bitcoin Discussion
Re: At what price will you panic and start selling coins?
by
fosco333
on 20/09/2018, 04:24:45 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 guess i will panic if i see bitcoin reached price below the last year price. The current price is not too scary because it still above $6k, which is higher than the last year price (not on dec 2017 of course. But before btc hit $5k, i think i will sell my coin to cut my losses and i will buy it later when there is a sign of bullish market.