Topic: Bitcoin is Falling...Is it Panic Time? (Read 34160 times)
Rise and fall of bitcoin prices is common, if you are already familiar with bitcoin for more than a year then you will buy if bitcoin prices go down, this often happens and never panic when prices drop, be patient that bitcoin prices will going up again. Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I do not panic im holding my bitcoin till i gain with my investment, thats why i invest i want profit and not to carry away with fud and my emotion.. Prices go up and down and if jt its falling doesnt mean it wont rise again.. Weak hands lose more.
Yes, I agree. Bitcoin has fallen all over and over again but it doesn't mean it will be gone. The crypto market is now getting stronger and stronger. The world won't stop the evolution. We should just keep patient and do not worry too much about the news spreading all over the internet. They are just making fears for those beginners who don't have a strong belief.
Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon
when prices decline many panics not only about bitcoin, but also other currencies, at such a time it is better to have patience to wait out this moment
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I do not panic im holding my bitcoin till i gain with my investment, thats why i invest i want profit and not to carry away with fud and my emotion.. Prices go up and down and if jt its falling doesnt mean it wont rise again.. Weak hands lose more.
No one should panic every time the bitcoin price is going down. As investors we should always trust and have hope the the price will increase no matter how low it is at the moment. We have seen that the price went so down on the first months of 2018, but now it is eventually growing again which is a good news.
I don't see it as a greta opportunity to buy, but it also isn't a great time to sell.
Bitcoin flash crashes a lot, I don't really know why, but it does. In 2013 it flash crashed, then slowly fell downt over time, at the moment it seems like it flash crashes and returns to ATHs pretty quickly.
Things can always change, we might have reached the peak and be at the start of a long bear run, but the next move is hard to predict.
Buying now could look very foolish in a few months, the warning signs are there, it could start to fall from here.
Sell now could also look very fooling, look at the stock markets, they have been due a big fall for 5 years now! The price could easily be $4000 in 2 months.
So no, it isn't panic time, it's time to look and decided for ourselves what we think will happen next time, but that isn't so catchy.
Bitcoin flash crashes a lot, I don't really know why, but it does. In 2013 it flash crashed, then slowly fell downt over time, at the moment it seems like it flash crashes and returns to ATHs pretty quickly.
Things can always change, we might have reached the peak and be at the start of a long bear run, but the next move is hard to predict.
Buying now could look very foolish in a few months, the warning signs are there, it could start to fall from here.
Sell now could also look very fooling, look at the stock markets, they have been due a big fall for 5 years now! The price could easily be $4000 in 2 months.
So no, it isn't panic time, it's time to look and decided for ourselves what we think will happen next time, but that isn't so catchy.
I don't see it as a greta opportunity to buy, but it also isn't a great time to sell.
Bitcoin flash crashes a lot, I don't really know why, but it does. In 2013 it flash crashed, then slowly fell downt over time, at the moment it seems like it flash crashes and returns to ATHs pretty quickly.
Things can always change, we might have reached the peak and be at the start of a long bear run, but the next move is hard to predict.
Buying now could look very foolish in a few months, the warning signs are there, it could start to fall from here.
Sell now could also look very fooling, look at the stock markets, they have been due a big fall for 5 years now! The price could easily be $4000 in 2 months.
So no, it isn't panic time, it's time to look and decided for ourselves what we think will happen next time, but that isn't so catchy.
Bitcoin flash crashes a lot, I don't really know why, but it does. In 2013 it flash crashed, then slowly fell downt over time, at the moment it seems like it flash crashes and returns to ATHs pretty quickly.
Things can always change, we might have reached the peak and be at the start of a long bear run, but the next move is hard to predict.
Buying now could look very foolish in a few months, the warning signs are there, it could start to fall from here.
Sell now could also look very fooling, look at the stock markets, they have been due a big fall for 5 years now! The price could easily be $4000 in 2 months.
So no, it isn't panic time, it's time to look and decided for ourselves what we think will happen next time, but that isn't so catchy.
Rising and falling on bitcoin prices is common, if you are already familiar with bitcoin for more than a year then you will buy if bitcoin prices go down, this often happens and never panic when prices drop, be patient that bitcoin prices will going up again.
We must never panic, people must understand at the end that it is an economy that can go down or up according to the movement of demand and supply, in addition to the global economic movement, it is not something that simply happens because it is failing. It's your naturalness.
I think majority of people have now become too much mature and they are not selling bitcoin in right now, in fact now they have better knowledge about the price of bitcoin and and its fluctuating nature, and therefore they are now not creating any panic to sell their bitcoin even on lost but for most of the time they try to hold their bitcoin even in panic like condition.
Bitcoin is growing nowadays and it's wonderful news. Maybe price correnction is over and we will see bitcoin greate again in 2 months? I want to beleive on it.
For last couple of days we can see that there is a big variation in bitcoin price, before that bitcoin price was trading very stable for a long time, but after yesterday increasing in bitcoin price we see a big variation in bitcoin price, I think that now bitcoin price has start increasing and therefore i do not think that we need to sell our bitcoin in current time but should hold it for some more time. For now it is better to wait for while. Because Bitcoin should retrace under 7.5K$, perhaps we will see 7K$. That's why personally I will wait for new bottom or returning the price above 8,5K$. Also I am absolutely sure that Bitcoin will growth minimum ten times next 3 years.
very interesting observation and forecast. At least such forecasts for Bitcoin are so many. Earlier, too, they said that there would be no drop in Bitcoin, but today we see a drop in Bitcoin from 20,000 dollars to almost 8,000 dollars today.
For now it is better to wait for while. Because Bitcoin should retrace under 7.5K$, perhaps we will see 7K$. That's why personally I will wait for new bottom or returning the price above 8,5K$. Also I am absolutely sure that Bitcoin will growth minimum ten times next 3 years.
very interesting observation and forecast. At least such forecasts for Bitcoin are so many. Earlier, too, they said that there would be no drop in Bitcoin, but today we see a drop in Bitcoin from 20,000 dollars to almost 8,000 dollars today. 
For now it is better to wait for while. Because Bitcoin should retrace under 7.5K$, perhaps we will see 7K$. That's why personally I will wait for new bottom or returning the price above 8,5K$. Also I am absolutely sure that Bitcoin will growth minimum ten times next 3 years.
Your friend is clearly not well versed in kriptomire, otherwise he would know that bitcoin in any case will be in the price. I advise you not to listen to such friends, but just wait and do not miss the moment of Bitcoin growth.
Bitcoin is growing nowadays and it's wonderful news. Maybe price correnction is over and we will see bitcoin greate again in 2 months? I want to beleive on it.
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I believe that at the present time you can fully believe and invest in bitcoin, it can be seen that bitcoin prices are recovering very strongly in the last two days and are rising over $ 1400 in just two days. I think you should not panic when the bitcoin price drops, with a lot of potential coin and the top of the market, you can rest assured when investing. I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Everyone will panic when seeing prices fall by 20% in a day, but for those who want to make big profits this is a good opportunity to buy, I recommend to fight the currents because bitcoin is a difficult thing to guess.
Many people panic when getting prices down, but to me this should never make us panic, bitcoin future will continue to improve as some countries have legalized bitcoin.
Jump to: