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Topic: Bitcoin is Falling...Is it Panic Time? - page 100. (Read 34150 times)

hero member
Activity: 1134
Merit: 502
June 16, 2017, 01:27:27 AM
#7
For me i don't worry even if it fall, no need for panic selling because its been proven before, price will drop then it will rise again higher than the peak last time. That's the cycle of Bitcoin nothing to worry about that. I will only worry if the price goes to 100$ usd in one night and never come back up again.
legendary
Activity: 3472
Merit: 10611
June 16, 2017, 01:15:50 AM
#6
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351.

you need to change your friend and find better friends who give you better information. there are a lot of them. my favorite friend is bitcoinwisdom because it opens up faster than bitcoinaverage and tradingview although tradingview is much more sophisticated friend.

and according to my friends the panic time has been happening before you made this topic. this round of panics started on June 12 and it seems like they have stopped yesterday afternoon (UTC+4.5)

legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
June 16, 2017, 01:01:33 AM
#5
Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.
sr. member
Activity: 490
Merit: 250
June 16, 2017, 12:58:37 AM
#4
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?

The good thing to do is to hold it on since it is having its low value because sooner it will rise up because there will be investors that going to  buy coins and take chance with this and buy a lot of coins in low price then it will pop up again rise again. This is what is happening in this industry true investors waits for drop down and causes the price hike.
We should settle our mind too in that way. That is why rich become more richer and poor remains poor. We do not need to panic selling. Things will be good in time.
hero member
Activity: 882
Merit: 500
June 16, 2017, 12:48:31 AM
#3
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?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices  .
So instead to get panic you should make profit.
sr. member
Activity: 616
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 16, 2017, 12:09:52 AM
#2
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 am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat.
hero member
Activity: 490
Merit: 501
June 15, 2017, 11:33:33 PM
#1
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?
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