after only a few days the bitcoin has gone up, but now it's starting to fall aga - page 2.

bitbunnny

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Quote from: nydiacaskey01 on June 06, 2019, 06:30:08 PM

No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

That is all true but for some reason people like to panic. And they expect once the price is in the rise that it will stay there not thinking at all about volatility and possible corrections. At the moment we are experiencing actually very small correction and I don't expect some bigger fall but the growth neither. It seems that price will continue to fluctuate in the current range.

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Quote from: nydiacaskey01 on June 06, 2019, 06:30:08 PM

No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

They are panicking just for a small drop, i wonder what’s gonna happen if the bear market occurs again.
Well, that’s true this is normal because of the pump and people should understand the cycle because bitcoin can’t go up high continuously there must be a resting period and that period is the best time to buy. The drop is soon to end, expect the price up in coming days.

nydiacaskey01

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No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

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Quote from: cheezcarls on June 05, 2019, 04:22:03 AM

This is practically normal. Volatility in the cryptoverse is normal. Correction is normal (uh I mean, healthy correction).

For me, I think it happened because Bitcoin’s rise is so parabolic at a fast phase. It was expected that when the momentum stops, the market nosedives to correct itself.

If you take a look at the chart where Bitcoin quickly gained value, it could go down quickly as well. In some instances, there’s a time where Bitcoin’s value gone down that fast, it quickly recovered as well.

snip

It is very well known that prices fall faster than the growth that preceded them, I am worried that the current growth in the price of bitcoin was too fast and instead of levelling off at a price close to where we are now we could see another huge drop in the price and go back close to where this movement started, that will be a huge blow against all of those that believe this is the beginning of a sustained bull run and will likely cause any meaningful recovery of the market to be delayed even more.

rodel caling

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Right attitude calm to make self stay patience to avoid panic and make wrong decision every minute and hoirs their have a price changing bitcoin since yesterday moving quick because of high volatility fluctuations.

sieemma

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BTC is not falling for nothing. It falls and rises far above the price at which it fell so I am even happy to see Btc in this current state because that's what the big guys are doing to let us sell our precious coins when they cause the panic sell syndrome

7788bitcoin

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Quote from: BL46K 7193R on June 05, 2019, 03:29:44 PM

Of course, we should be patient and calm down. Although Bitcoin's price is low, it seems to be growing again in a few days. Then they will be benefitted who are patient and bitcoin is stored. Many posters and articles are also being said that the price of Bitcoin will increase again and it is very fast.

There should be a correction here, the bitcoin price is not at all low in any economic standards, the current price is $7,754 which is more money than many people earn annually, never listen to all the articles as the market situation will not change with those yellow paper news, there was a time when these news could impact the market, but not now, the movement from $3 K to $9 K was really fast and we need to wait for sometime to see the price breaking the resistance at $9 K, but do not expect that to happen in a short period of time.

BL46K 7193R

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Of course, we should be patient and calm down. Although Bitcoin's price is low, it seems to be growing again in a few days. Then they will be benefitted who are patient and bitcoin is stored. Many posters and articles are also being said that the price of Bitcoin will increase again and it is very fast.

Vinalians

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Just don't rely on the FUD they are everywhere. In this scenario we must control our selves and don't try to be panic. Because it can lead to selling of our coins which is not good to us and also to market. The most important thing to do now is to be optimistic and more bitcoin or any other crypto.

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I'm sure there must be someone who did it, so sell the bitcoin they just bought because of panic. In fact, the most difficult challenge in investing is holding ourselves back from the market-caused uncertainty.

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Quote from: Genemind on May 17, 2019, 01:04:25 PM

Quote from: Slow death on May 17, 2019, 12:55:03 PM

we will follow your thinking and we will all stop buying bitcoin and we will stop selling bitcoins, how do you think the market would look? the market would stop. there will always be someone who is keen to buy and there will always be someone who is keen to sell. You can see this in real life.

The decision would only rely on our hands.
We can sell or buy no matter what the market situation is but the best thing to do is to handle our emotions well. Most people who have accumulated bitcoin will surely sell their coins because they're afraid of the possible downfall of the market again but if we're a crypto enthusiast, panicking has no place for us.

Regardless of the btc's current situation, we can still gain from the bear market or bull market. I am mentioning about the swing trading and margin trading. Though we can really say that panic buyers and panic sellers are around the corner, the thing here is that those who are panicking are contributing to the market's downfall.

We are not new to the crypto world. We have see this before and we can still maintain our composure as a trader. Make this downfall a beneficial and an advantage to buy btc and wait for the great pump.

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Quote from: Joyawan13 on May 17, 2019, 11:38:43 AM

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

I agree, most people who do panic selling are new to bitcoin but there are always who are familiar to bitcoin
but still do it. most people who have been trading with bitcoin for a long time see this fluctuation as a normal thing
for bitcoin to do and they know that it will always gonna go up although there is a right time to sell your bitcoin
to get profit and buy to gain profit in the future.

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Quote from: jems on May 29, 2019, 07:17:53 AM

And that happens again, where every panic will never produce good rewards. It is evident that the bitcoin pump has come again and now panic is trying to screw it up again.

This panic created such dumped that needed to survive if you wanted to maximize the profits, investing to this currency will have a lots of challenges
to suffer, if you want to succeed you need to take the risk and wait for another ride.

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Quote from: Joyawan13 on May 17, 2019, 11:38:43 AM

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

don't expect that bitcoin will continue to rise. if you see on the bitcoin chart it always goes up but there will be a time when it will stagnate and after that it will definitely go down. so every price increase will definitely have a time when the price will drop. but don't worry because bitcoin will definitely continue to rise after several times the price drops

xSkylarx

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If we invest on bitcoin we should be used to it. Not just bitcoin but to other cryptos as well. Crypto market is very volatile so it's just normal to see that sudden ups and down. In my opinion it's hard to be a casual trader here if you have a small capital. It would be better if it should be a long term investment. Only people that are called whales or have a enough buying power when price still goes down can earn profit.

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Quote from: coin-investor on June 05, 2019, 04:06:15 AM

Quote from: Joyawan13 on May 17, 2019, 11:38:43 AM

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

This is something that we should always remember when we are in a bull run, there will always some sort of manipulation along the way only to create a big dip in a short period of time, but I am very confident that Bitcoin will eventually make a rally and create a long bull run, every great thing are happening now on Bitcoin.

the manipulation always comes when there is a correction and it always uses the fact that many newcomers can't see the difference between a correction and a crash. so when the small drop (aka the correction) starts they panic and start selling thinking it is a crash.
these people either lose a lot of money and leave or lose some money and learn from their mistakes. that is why i think the market is growing stronger every year.

pealr12

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The market is unpredictable and traders sell thier btc if they see that they already profited, and buy back at low price. Btc falls when traders cashing out thier profit and then buying again at low price, buy low sell high .

cheezcarls

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This is practically normal. Volatility in the cryptoverse is normal. Correction is normal (uh I mean, healthy correction).

For me, I think it happened because Bitcoin’s rise is so parabolic at a fast phase. It was expected that when the momentum stops, the market nosedives to correct itself.

If you take a look at the chart where Bitcoin quickly gained value, it could go down quickly as well. In some instances, there’s a time where Bitcoin’s value gone down that fast, it quickly recovered as well.

It’s because buyers are waiting in line for the dip to strike in purchasing their targeted buy order amount.

There’s nothing to be complained here. We’re all good here. Bitcoin is here to stay for a very, very, very long time.

LogitechMouse

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Those who are doing panic selling are the newbie investors who are just throwing their money in an investment that they don't know how it works.

You can say don't be too hasty blah blah but price of Bitcoin will not go up or down if there are no hasty investors Wink

. The best thing to do right now is just hold your bitcoins if you are not good in trading

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Quote from: Joyawan13 on May 17, 2019, 11:38:43 AM

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

This is something that we should always remember when we are in a bull run, there will always some sort of manipulation along the way only to create a big dip in a short period of time, but I am very confident that Bitcoin will eventually make a rally and create a long bull run, every great thing are happening now on Bitcoin.

Topic: after only a few days the bitcoin has gone up, but now it's starting to fall aga - page 2. (Read 10383 times)