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 do not see anything wrong with the fact that now Bitcoin has dropped in price by almost a thousand dollars. He must periodically retire to correct his course. Only in this way can it grow further. Therefore, its current decline, on the contrary, is a good sign of its further price growth. A few days later, Bitcoin should again continue to grow in value. However, I do not expect it to increase very much in price this year. 
Topic: after only a few days the bitcoin has gone up, but now it's starting to fall aga - page 6. (Read 10386 times)
May 17, 2019, 01:49:20 PM
May 17, 2019, 01:44:25 PM
I think is some correction but also some whales sell some good amount of bitcoin because they want to get a profit, and now maybe will stay again some time at 7000$ range, until something happen and will grow again.
May 17, 2019, 01:41:34 PM
Panic selling is actually happening right after the panic buying. People are unaware that they're also contributing to the sudden changes in the price of bitcoin. A strong holder would know when to hold and when to release. We wouldn't reach our target goal if we'll always doubt about the market.
They are actually aware of it, but they simply don't care since the only thing that matters to them is recovering their profits asap. They don't care that they are harming the market in a negative manner.This entire situation literally started thanks to a whale which could have been avoided if he stuck to OTC platforms.
May 17, 2019, 01:39:20 PM
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. No need to panic, and then it will only be a temporary thing. Bitcoin went up from $6k to $8k too fast, it's natural that this growth is followed by a correction. I think it's actually very good, because such gradual increases and drawbacks lessen the risk of a sudden rapid drop, followed by a long recovery period. Bitcoin is holding at $7k, and if it manages to stay this way for a while, it's already a big step forward. 
May 17, 2019, 01:37:47 PM
This drop in price is probably people shorting thinking that everyone will panic sell once the price dramatically goes down and then buy at the bottom before the price go up again. Others probably are taking their profit, if they bought at around $3.5k exiting at around double that amount is a big win already. Let us see what will happen in the next days, I hope this is just another higher low before Bitcoin breaks its 2019 highest value .
May 17, 2019, 01:31:25 PM
Panic selling is actually happening right after the panic buying. People are unaware that they're also contributing to the sudden changes in the price of bitcoin. A strong holder would know when to hold and when to release. We wouldn't reach our target goal if we'll always doubt about the market.
May 17, 2019, 01:09:56 PM
The people would surely panic specially those who are new investors.
This could be the reason why the price has drop down in such a short period of time.
They would panic since they aren't used to this crypto market cycle yet but for sure after a few months or maybe a year they would get used to it just like us.
This could be the reason why the price has drop down in such a short period of time.
They would panic since they aren't used to this crypto market cycle yet but for sure after a few months or maybe a year they would get used to it just like us.
May 17, 2019, 01:08:51 PM
Bitcoin is a volatile asset and at that you have to learn not to rely 100% on any market condition, we have to learn on how to use bitcoin for it short term goal rather then leaving our hope on time, time don't count when it cone to bitcoin but what count is the price as at that particular time.
May 17, 2019, 01:07:28 PM
surely there will be people who panic and sell their btc, even though they know it has just been bought. but suggest for now it's better to keep an eye on it, don't be too hasty to make choices. I think when the market is being dumped or pumped, doubt is better than taking risks. what's more when they are late and at the end of the trend.
May 17, 2019, 01:04:25 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.
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.
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.
Jump to: