Author

Topic: bitcoin falls again: how to react (Read 503 times)

sr. member
Activity: 994
Merit: 257
March 21, 2018, 08:58:14 PM
#57
I agree with this, people tend to go panic as they see the price drop, they sell their bitcoins resulting to another price drop. They must be knowledgeable about trading and economic laws. I think we need to hold more to make the price at top again.
The recent dumps are really not at all good news specially for those who have just joined the bitcoin or they were expecting some big profit in the first quarter of year 2018.

But before you make any move, just listen to this that you are not the only one who is suffering from this and those people who really have managed to get a lot of profits out of the bitcoin also had bad times in the trading, so just relax and trust the system, you will get the benefits.
It is true that for those that invested when the price of bitcoin was very high the dump in the market is not really good, however it is their fault for buying when the price was so high, bitcoin has almost ten years of existence and if you have bought almost at any time during those years you could be in profits right now, only those that bought during a very small window of time are still losing money, so that is their fault.
legendary
Activity: 3318
Merit: 1128
March 16, 2018, 05:27:18 AM
#56
I agree with this, people tend to go panic as they see the price drop, they sell their bitcoins resulting to another price drop. They must be knowledgeable about trading and economic laws. I think we need to hold more to make the price at top again.
The recent dumps are really not at all good news specially for those who have just joined the bitcoin or they were expecting some big profit in the first quarter of year 2018.

But before you make any move, just listen to this that you are not the only one who is suffering from this and those people who really have managed to get a lot of profits out of the bitcoin also had bad times in the trading, so just relax and trust the system, you will get the benefits.
full member
Activity: 392
Merit: 106
March 16, 2018, 01:51:08 AM
#55
If we hardly can’t control the ICO scamming in this crypto world. How can we stop FUDs and bad news spreading? When most of the person does this is among the members and have the interest of profiting from dip of bitcoin, through buying at low price or promoting other coins. It’s a hard battle between what is wrong and right, if no rules is in control. Buying on dip is a strategy, but not a responsibility that we need to follow.
legendary
Activity: 2674
Merit: 1048
March 16, 2018, 01:41:06 AM
#54
Falling prices are good for those who sold at hgigh price and respected to main trading rules. Buying in falling market is something like to catch falling knife. Bitcoin price will test 5000$ level and keep bouncing till reaching accumulate price on resistance.
just wait a little longer now , i do personally really want to buy another bitcoin , compound it not to trade it as i have sucks time to trade recently , situation around are so messed up so i will just make an action when the charts shows a good sign to skyrocketing.

i mean to buy it later on the time where in the 3 days consecutively price keep moving up not buying on the situation where it falling like in the last 3 days .
member
Activity: 267
Merit: 11
March 16, 2018, 01:23:27 AM
#53
Falling prices are good for those who sold at hgigh price and respected to main trading rules. Buying in falling market is something like to catch falling knife. Bitcoin price will test 5000$ level and keep bouncing till reaching accumulate price on resistance.

It's not that easy. Those who sold at 15k or higher have already bought back. That's how it works when the price rebounds like it did after reaching 6k USD. It's the same money in play most of the time. So, there are no millionaires coming in to save the day, which might be seen as a bad thing, but at the same time the number of players is very limited, which means that the same people are pushing the price up and down every time. What does it mean? That there won't be enough pressure to create an avalanche. We'd need a huge bull trap to play out first and i'm not seeing anything like that forming  this year.

That's why we need some huge good news to have those price to bounce back but we actually don't know when to have this like I don't see any traces and signs for some good news.

In this kind of time that fears and doubts are everywhere and seeing my folio in bloodbath makes my eyes hurt thus there's just one thing to do now, it's the opportunity to buy more even I don't have any food to eat now. Grin
sr. member
Activity: 696
Merit: 258
March 16, 2018, 12:56:49 AM
#52
Do not panic and sit back patiently, this down trend is temporary. Bitcoin or any crypto price is volatile and you need to wait and reap the profit. Do come out of panic and anxiety, nothing to worry now since Bitcoin price would become double or triple soon. My prediction is double the price before May and top price during mid June or July maximum. If you have sufficient money just go ahead and buy some more sine this is the right time to buy.
sr. member
Activity: 994
Merit: 257
March 15, 2018, 11:50:16 PM
#51
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Well you cannot actually force people to stop selling since it is their money. People panic during this time because they want to avoid losing their money. All the bad news spreading is making it more easy for big market players to manipulate the price and I am sure soon bitcoin will rise again once market players start buying bitcoin at cheap price. So, it is better to be just patient.
I agree, people decide what to do with their money and if there are people willing to sell for a bad price despite the huge amount of advice in the forum about how to avoid that then they deserve to lose money, also if you think about it not everyone can earn money in the market there need to be winners and losers and if they want to lose their money then that is their problem.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
March 15, 2018, 03:13:13 PM
#50
Falling prices are good for those who sold at hgigh price and respected to main trading rules. Buying in falling market is something like to catch falling knife. Bitcoin price will test 5000$ level and keep bouncing till reaching accumulate price on resistance.

It's not that easy. Those who sold at 15k or higher have already bought back. That's how it works when the price rebounds like it did after reaching 6k USD. It's the same money in play most of the time. So, there are no millionaires coming in to save the day, which might be seen as a bad thing, but at the same time the number of players is very limited, which means that the same people are pushing the price up and down every time. What does it mean? That there won't be enough pressure to create an avalanche. We'd need a huge bull trap to play out first and i'm not seeing anything like that forming  this year.
full member
Activity: 1489
Merit: 150
March 14, 2018, 09:47:23 PM
#49
<8k

Let's check 7k.. or 6K
if this happens I'm sure there will be panic and will expand. maybe BTC will go free as long as there is no fort and anyone let it continue to fall.
I think everyone does not want Bitcoin to fall too deep and is preparing a thick wall.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
March 14, 2018, 07:02:15 PM
#48
Falling prices are good for those who sold at hgigh price and respected to main trading rules. Buying in falling market is something like to catch falling knife. Bitcoin price will test 5000$ level and keep bouncing till reaching accumulate price on resistance.
full member
Activity: 296
Merit: 100
March 14, 2018, 06:19:48 PM
#47
We have to be calm at this moment, bitcoin has reduced to $8200 and may be it can fall up to $7000 as many sell offs occurring, many had started to sell the coins with fud which makes the price to drop further, no need to be panic hold on to the coins in hands so that market will be stabilized soon.
full member
Activity: 560
Merit: 100
March 14, 2018, 06:16:14 PM
#46
We should have some responsibility to save a price of bitcoin personally.If the price of bitcoin is reduced don't do panic selling,instead you can just hold.Because panic selling avoid the further price reduction of bitcoin price.
Bitcoin falls and we could expect that this happen in the market. Others react of panic selling to cut loses, but others also not to fall with emotions. Rather, hold for long term is the plan for them to earn huge profit in the long run.
legendary
Activity: 1442
Merit: 1008
March 14, 2018, 05:42:12 PM
#45
I would just keep buying whenever the price drops and start buying at multiple levels.This is the only way to maintain a healthy portfolio and also ensure that we are not buying at highs which will land up in losses and will take much time to close at breakeven as well.Its always advisable to keep the portfolio at good levels.
What you can do then when your whole funds has converted into Bitcoin ? That's what makes a lot of people never feel so comfort to hold what actually they have bought but the price keep declining so quick in longer time and causing a huge loss. Everyone knows how to keep buying in the bearish period , but seriously you are against the trends and it cost too much risk .
full member
Activity: 382
Merit: 109
March 14, 2018, 04:59:10 PM
#44
We should have some responsibility to save a price of bitcoin personally.If the price of bitcoin is reduced don't do panic selling,instead you can just hold.Because panic selling avoid the further price reduction of bitcoin price.
full member
Activity: 293
Merit: 109
March 14, 2018, 04:56:35 PM
#43
<8k

Let's check 7k.. or 6K
legendary
Activity: 1806
Merit: 1521
March 14, 2018, 04:49:18 PM
#42
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin.

The price of bitcoin is in our hands. Let's help each other.

What's more interesting to observe is what the market doesn't react to. For example, yesterday:

Circle Rolls Out Crypto Investment App in 46 US States
BREAKING: Coinbase Receives E-Money License from UK Financial Regulator

Good news, right? But nobody cared. The market dumped shortly after and has continued to sell off following the Senate hearing. When the market is bearish, good news won't save you.
newbie
Activity: 154
Merit: 0
March 14, 2018, 04:42:00 PM
#41
Everything is fine, but if there is no buyer, there is no seller and exact opposite. Not worth getting upset, because that incidents always happen. We have to assess this situation correctly and get more coins for cheap price.
jr. member
Activity: 168
Merit: 2
March 14, 2018, 04:38:38 PM
#40
No need to panic. This dip is just because that crazy Japanese trustee of Mt. Gox start to dump the Bitcoins and the market doesnt have enough time to digest.
Give it a time, and another whales and investors will happily keep stacking Bitcoin to their bags again.
The price will only be bounce back again toward spring and summer. And in the end of year Bitcoin will have new ATH again.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
March 14, 2018, 03:43:18 PM
#39
Yes, bitcoin is falling back now but we need not be afraid of the bitcoin price drop, because i'm sure it's only temporary and the price will go up as fast as possible.
We don't need to panic and immediately sell everything, because then it will make you regret to have sold a valuable asset like bitcoin that really makes you get a big profit.
Remember regret does not come at first but in the end, well we should be able to adjust and calm with the current state of uncontrollable due to some negative factors that make bitcoin fall.
legendary
Activity: 1232
Merit: 1091
March 14, 2018, 03:34:43 PM
#38
well no. Store of value. ala gold is sufficient.

i mean who buys stuff with actual gold, 5T market cap....why?

People just need a reason to hammer down on Bitcoin. If people end up paying with Bitcoin, they'll find something else to moan about. It's basically the same as with the stability and volatility aspects. If the market bounces up and down too frequently, people want stability. If the market is relatively stable for a week or so, people complain about the market being boring.... Let people talk as much as they want -- history has proven that Bitcoin demolishes people's skeptic thoughts by breaking through newer highs, and that will continue. On top of that, people will gain far more incentive to use Bitcoin for transactions and whatnot once LN is fully deployed. People have been spoiled with how the market has gone up last year, and gained a cocky attitude because of that. And btw, gold has an $8 trillion market cap. Grin
legendary
Activity: 2632
Merit: 1023
March 14, 2018, 03:24:31 PM
#37
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.

well no. Store of value. ala gold is sufficient.

i mean who buys stuff with actual gold, 5T market cap....why?

jr. member
Activity: 154
Merit: 8
SODL
March 14, 2018, 03:16:47 PM
#36
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Yes, very good, if you don't sell then I won't sell either. Let's see if our combined 1.5 bitcoin can save the market
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
March 14, 2018, 03:04:54 PM
#35
Sell it and forget about it.

Said the sore loser Wink

If the price falls just keep calm.Don't sell anything because you didn't lose anything until you sell bitcoins.If you can buy more and more bitcoins because the basic law to make money is buy low and sell high.

Thing is that there is a lot of dumb and new money coming in. All these new people have zero experience and knowledge of how investments work. So panic sell will just increase over time.


It's not a problem. You've just explained the situation to yourself. If the new inexperienced panickers are coming in then they will buy and sell, but never reach the real lows, like $3000 we had last year. If the laws of supply and demand are in place those new people will never be the reason the coin falls permanently. They will sell whatever they bought and that's it.
jr. member
Activity: 41
Merit: 1
March 14, 2018, 03:03:34 PM
#34
If the price falls just keep calm.Don't sell anything because you didn't lose anything until you sell bitcoins.If you can buy more and more bitcoins because the basic law to make money is buy low and sell high.

Thing is that there is a lot of dumb and new money coming in. All these new people have zero experience and knowledge of how investments work. So panic sell will just increase over time.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 14, 2018, 02:58:21 PM
#33
If the price falls just keep calm.Don't sell anything because you didn't lose anything until you sell bitcoins.If you can buy more and more bitcoins because the basic law to make money is buy low and sell high.
full member
Activity: 1064
Merit: 112
March 14, 2018, 07:46:36 AM
#32
Sell it and forget about it.
that's it?  Haha sell at lose then what? buy again? Lol actually pal if there's a fluctuations occur it doesn't mean it will continue to collapse. 'cause in fact its just a correction of price that always happen in the market,  and besides there's no logical reason for it to drop constantly,  so why sell? Lol
member
Activity: 238
Merit: 11
March 14, 2018, 07:19:13 AM
#31
Bitcoin has never had a stable price. He's always up and down. No need to panic. We remember what price bitcoin had 10 years ago. Some people managed to buy pizza for 10,000 bitcoins. Everybody would think he was crazy today .with the fall of the course, you do not need to rush into the pool and sell your bitcoins. History knows the case when from 1711 to 1716 there was a financial pyramid called the company of the Southern Seas. Isaac Newton was involved in an attempt to get rich quick.In the end, lost almost all their savings.Before buying or selling you need to think about everything. The price of bitcoin will undoubtedly grow over time.We need to be patient and wait.
full member
Activity: 490
Merit: 101
March 14, 2018, 07:13:18 AM
#30
Just as said that the bitcoin price has been determined by the demand and supply. People have been easily manipulated by FUDS and it has contributed to the present bitcoin price dip. The only means of price appreciation now is the high influx of persons into the Cryptocurrency via the adoption of Bitcoin; purchase of altcoins.
legendary
Activity: 1526
Merit: 1179
March 14, 2018, 07:04:55 AM
#29
It seems like that the recent fall is due to a disinvestment from MT. GOX. It that's true, the recent dip is not much of an issue
It depends. If they keep dumping, it keeps affecting the market, but if they took a temporary break, the demand should push the market back up again. If the price goes down anyway, then there is a lack of short term demand.

The thing is that we don't know if mtgox coins have been dumped this week or last week, unless they announce it afterwards themselves. We operate solely at their mercy in that regard.

I wonder if people here have been trying to find the addresses connected to the mtgox holdings. I tried to do some basic level research myself, but haven't found anything pointing at their coin stash(es).
member
Activity: 364
Merit: 10
March 14, 2018, 07:03:01 AM
#28
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
I agree with you. Now we are all experiencing not the best of times. Demand for bitcoin has fallen, the price is also falling. People are less interested in bitcoin and crypto-currencies. But I'm not worried about this, because I'm sure everything will be fine, for the bitcoin is the future.



The best reaction is to keep calm. Besides, we can do nothing about it ourselves. Butcoin will always be undergoing fluctuations. We can never tell when its price will go up and down. We just have to be composure enough to cope up and deal with it wisely.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
March 14, 2018, 07:01:10 AM
#27
we must facing the real about bitcoin and crypto market which is currently falling.
the correct response to us is not to spread fud about bitcoin and crypto.
bitcoin maybe still need a correction from last year spiked price.
member
Activity: 128
Merit: 10
March 14, 2018, 06:59:40 AM
#26
Sell it and forget about it.
full member
Activity: 602
Merit: 101
http://scientificcoin.com/
March 14, 2018, 06:59:06 AM
#25
It seems like that the recent fall is due to a disinvestment from MT. GOX. It that's true, the recent dip is not much of an issue
full member
Activity: 337
Merit: 195
Graphics/Signature Designer https://bit.ly/2Q1AOrY
March 14, 2018, 06:56:18 AM
#24
I agree with this, people tend to go panic as they see the price drop, they sell their bitcoins resulting to another price drop. They must be knowledgeable about trading and economic laws. I think we need to hold more to make the price at top again.
member
Activity: 95
Merit: 10
March 14, 2018, 06:54:44 AM
#23
When the value of Bitcoin rises even though it is a hundred percent profit and is the highest value. So whenever there is a price decline do not panic and sell instantly because by selling it you will only lock yourself in to get an upcoming profit, we do not need to panic and sell our shares just because a few drops.

So with the fall of Bitcoin should not be a thing to be feared for going up again. there are several factors that affect the uncontrolled value of Bitcoin and all we can do is hope it increases.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
March 14, 2018, 06:53:17 AM
#22
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
It's hard to use as a payment processor since it showed the fee is too high comparing to real payment processors like Paypal. I don't think it will be useful in future or act as a payment processor as per the fee.

These are a couple of the biggest hurdles bitcoin faces if people are only hodling bitcoin for investment purposes it is going to affect the supply as more will be locked in people's wallets. Fees will be a issue as like said PayPal has no fee for buying and mining would be pointless if they were no longer getting anything from transactions.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
March 14, 2018, 06:46:25 AM
#21
More and more standardization and regulation of the price of bitcoin occurs. Interestingly, he will return to its original value?

No one knows but if people continues to react on this way its possible go deeper this year. Hopefully, bitcoin can survive on this situation its a pump and dump but I'm still bullish that in the end of the year, bitcoin will reach a new all time high.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
March 14, 2018, 06:40:31 AM
#20
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
I agree with you. Now we are all experiencing not the best of times. Demand for bitcoin has fallen, the price is also falling. People are less interested in bitcoin and crypto-currencies. But I'm not worried about this, because I'm sure everything will be fine, for the bitcoin is the future.

The best part when the price drops is we can buy Bitcoin in cheaper price. So we don't have to panic and sell our stocks just because of some drops. Remember that Bitcoin already had this situation where there are corrections happened, yet Bitcoin still surpass those circumstances and even grow after those drops.
member
Activity: 532
Merit: 15
March 14, 2018, 06:36:43 AM
#19
any long-term investor buys in a dip market for 2 things - to make the purchase price lower with Average Cost and get more coin in chip for long-term holding. I think that is the best way to react for a situation like this.
newbie
Activity: 17
Merit: 0
March 14, 2018, 06:33:46 AM
#18
As well as the last time, this is a normal situation. There are strange things: when the dollar depreciates, people are like "oh, it's dollar depreciation.. i'll just go and eat something". When the BTC depreciates: "Oh my got, what i have to do now? It's the end of the world, i was so young".
member
Activity: 224
Merit: 10
One Token to Move Anything Anywhere
March 14, 2018, 06:27:59 AM
#17
We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Sometimes, the best way to react it is relaxing and watch your favorite movies. Forget it about the price.
Hold it if you believe your assets still have a great value. We can't counter the bad news.
The capitalist is behind this FUD. They hate a decentralize technology. Even google will ban ICO ads.
full member
Activity: 210
Merit: 106
March 14, 2018, 06:27:39 AM
#16
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
It's hard to use as a payment processor since it showed the fee is too high comparing to real payment processors like Paypal. I don't think it will be useful in future or act as a payment processor as per the fee.

Thats what i always think.
We can make the downward of bitcoin market is not problem with us if we can use it as payment and not only for investment.
Investment and payment system should be exist in bitcoin blockchain in order to make bitcoin not fail.
full member
Activity: 406
Merit: 100
March 14, 2018, 06:26:21 AM
#15
I would just keep buying whenever the price drops and start buying at multiple levels.This is the only way to maintain a healthy portfolio and also ensure that we are not buying at highs which will land up in losses and will take much time to close at breakeven as well.Its always advisable to keep the portfolio at good levels.
member
Activity: 266
Merit: 10
March 14, 2018, 06:24:34 AM
#14
You know people are panic selling, so don't follow them. Just buy more or hodl, that's the good reaction I think. According to news I heard which something like "bitcoin misery index" it says that this is good time to bag up bitcoin and other major crypto currencies.
member
Activity: 196
Merit: 10
March 14, 2018, 06:22:08 AM
#13
More and more standardization and regulation of the price of bitcoin occurs. Interestingly, he will return to its original value?
member
Activity: 166
Merit: 11
March 14, 2018, 06:20:52 AM
#12
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Well you cannot actually force people to stop selling since it is their money. People panic during this time because they want to avoid losing their money. All the bad news spreading is making it more easy for big market players to manipulate the price and I am sure soon bitcoin will rise again once market players start buying bitcoin at cheap price. So, it is better to be just patient.
member
Activity: 322
Merit: 12
March 14, 2018, 06:19:31 AM
#11
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.

Agree, bitcoin currency is not just only for the purpose of putting an investment wherein it does also have the means to be use a payments for bills and money transactions. In that way, bitcoin will continue to evolve and will start to progress as days pass by. It would much be better if people will be aware and be educated in order to prevent bitcoin from dropping it's price. I think with this forum, people may be able to learn about bitcoin and the should learn the basics of bitcoin on how to handle in a situation like this where bitcoin is continuously on dip.Just hoping for a recovery soon.
member
Activity: 210
Merit: 10
March 14, 2018, 06:17:03 AM
#10
The fall of Bitcoin shouldn't be a thing to be scared of because it will once again will go up. There are factors that affect bitcoin's value that is uncontrollable and all we can do is just hope that it goes up. When Bitcoin's value goes up though it is a hundred percent profit and is a high one. So whenever there's a price drop don't freak out and sell it right away because by selling it you will only lock yourself up for an upcoming profit.
member
Activity: 784
Merit: 10
https://streamies.io/
March 14, 2018, 06:14:08 AM
#9
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
Please wait and buy more bitcoin. I have implemented this strategy many times and I am always profitable. Take market analysis carefully and you will make the right investment decisions.
I advise you not to be too worried about the cost of bitcoin as they will continue to increase in the near future. After June will be the prosperous period of the altcoins.
full member
Activity: 756
Merit: 103
March 14, 2018, 06:11:56 AM
#8
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
It's hard to use as a payment processor since it showed the fee is too high comparing to real payment processors like Paypal. I don't think it will be useful in future or act as a payment processor as per the fee.
sr. member
Activity: 1624
Merit: 267
March 14, 2018, 06:11:11 AM
#7
The bitcoin price is our hands if many people sell their bitcoin the possible  happen is the price decrease while if the many buyers for sure it will increase the price.  The better we gonna do if we see the price of the bitcoin decrease we must buy more bitcoin and hold it for few years because for sure bitcoin will increase again . Just hold your coins and do be pani and keep buying.
member
Activity: 330
Merit: 12
March 14, 2018, 06:10:01 AM
#6
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
Your ideal is such as a brillian ideal till the moment you do not have any fiats left in your pocket and your coins are still going down and maybe they're going to disappear and what are you gonna do in that situation ? Buying when they're at the bottom price is good but buying in the blindly way is totally different.
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
March 14, 2018, 05:58:14 AM
#5
It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
jr. member
Activity: 58
Merit: 1
March 14, 2018, 05:53:51 AM
#4
nooooooo...
jr. member
Activity: 318
Merit: 1
March 14, 2018, 05:51:01 AM
#3
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
I agree with you. Now we are all experiencing not the best of times. Demand for bitcoin has fallen, the price is also falling. People are less interested in bitcoin and crypto-currencies. But I'm not worried about this, because I'm sure everything will be fine, for the bitcoin is the future.
member
Activity: 316
Merit: 10
March 14, 2018, 05:27:57 AM
#2
I think it's part of Flow of Market, Many People right Now Know about BITCOIN, and Make study from it, and All new in Crypto just bought bitcoin and Sell it whether it's too low from what the price they bought. I think All those PANIC seller will crush bitcoin Smiley But I believe it will not last Smiley Bitcoin have great foundation and it will never getting low and low again Smiley
full member
Activity: 364
Merit: 101
March 14, 2018, 05:21:27 AM
#1
Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
Jump to: