Bitcoin is Falling...Is it Panic Time? - page 11.

lodi123

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

When bitcoin price fall don't be panic or nervous just stay cool wait for the time the price will raise up keep in mind that value is not permanent

Visbay

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Quote from: @maetthan17 on March 04, 2018, 08:21:12 AM

For others it is a panic time for them but for me it is not because it is normal to all crypto having a high and low rate sometimes .

Never think about selling this is the good spirit because prices someday get high and someday it use to get down. No time is perfect for bitcoin you can invest anytime but wait till the price get down. Right now the bitcoin is down but it is not the time for panic as it is normal thing so if the price is low today it will increase after very short time and the profit will be more than this, so think positive and no need to be worry about bitcoin price, so take it easy its gonna be high soon.

Noelbetty12

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It's always panic time when people would not control emotions and scare oneself of the events that happen while not considering positive things. While during the event when banning occurred people are so afraid and sell most of their coins after they thought it will be gone in the market. While at the same time on the other side of the world bitcoin was also legalized. This is quite the opposite. This scenario suggested the idea that it is not that easy to stop or end bitcoin. So that we need not create a panic and spread fear to other coin holders.

bhabygrim

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Just look at the price when this post was created and some of them didn't panic when the price is dropping down ,
While now that the price is much more higher most of the investors panic when the price drops down about $200-500 .

djalmasantos

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Is just normal the price goes up and down constantly it flows and fluctuate never panic make the correct move when selling/buying or holding. Is it better to make profit while BTC price goes up and down like its happening right now.

Ajinomoto40

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

You can panic but not to the point that you are going to sell all of your bitcoin just because the value is falling down. Always remember that the value of bitcoin is volatile so there's always a possibility that it will rise once again. Just have faith and always keep your hopes high on bitcoin. I've known many people already who ended up regretting what they've decided just because of panic.

Xenoph0bia

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Quote from: heraldlazaro25 on March 04, 2018, 11:00:47 AM

Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

Even if the price of bitcoin crashes or decrease in a very large amount, do not do panic buying because it will only lessen the money that you invest. Just hold your bitcoin and be patient and wait for its price to increase again in order to gain a huge amout of profit.

No I do not think that it is panic time.The value of bitcoin is very volatile so it is very natural to have a price fall although it is recovering at slow pace.Many people have invested in Bitcoin and due to the fall in price their profit margins are also decreasingBut fall in price is also a good time for people who want to buy Bitcoins as the prices are low. But you should have faith in Bitcoin and if you have some Bitcoins in you should hold them for future as the prices will definitely rice and the profit margin will increase a lot.

heraldlazaro25

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

Even if the price of bitcoin crashes or decrease in a very large amount, do not do panic buying because it will only lessen the money that you invest. Just hold your bitcoin and be patient and wait for its price to increase again in order to gain a huge amout of profit.

whyrqa

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Quote from: vinz7229 on March 04, 2018, 10:13:38 AM

Quote from: @maetthan17 on March 04, 2018, 08:21:12 AM

For others it is a panic time for them but for me it is not because it is normal to all crypto having a high and low rate sometimes .

I agree, actually traders take this as a good opportunity because it is their chance to buy or add more coin in their wallet, we all know that bitcoin volatility is moving rapidly so don't panic if you see a hard falls down of Bitcoin just relax cause I assure you Bitcoin price will always bounce back in just a couple of time.

I'm a little annoyed with all these positive predictions regarding Bitcoin in the near future. Many people talk about a good growth trend for Bitcoin already tomorrow or the day after tomorrow, but it's not. Why are you trying to raise the issue? At the place where it should not be raised so far.

vinz7229

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Quote from: @maetthan17 on March 04, 2018, 08:21:12 AM

For others it is a panic time for them but for me it is not because it is normal to all crypto having a high and low rate sometimes .

I agree, actually traders take this as a good opportunity because it is their chance to buy or add more coin in their wallet, we all know that bitcoin volatility is moving rapidly so don't panic if you see a hard falls down of Bitcoin just relax cause I assure you Bitcoin price will always bounce back in just a couple of time.

rolerVX

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Panic time is not the time to panic. This is for the weak. Grin

This is what I know. Panic is for those who are in emergency that needed some money. Sell is not for long time holder. Sell is for those who are not committed to hold it. Panic is always timing when bitcoin price falling.

tukagero

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Do not believe on everything that you will see or heard when there is no proof. It will only create panic and dumping will now start.
Bitcoin is a strong coin , it will recover and go back to $20k anytime this month.

geegaw

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Quote from: wolfgang56 on March 04, 2018, 07:03:50 AM

Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

People's mistake every time is the panic selling where they sell their bitcoin just because bitcoin's price drop. It doesn't make sense because even if bitcoin drop its price it will gain it again after few weeks or months. So I don't really get why people panic when bitcoin's price is dropping.

Panic is a common psychology of everyone, more or less, we all will be scared when the price of bitcoin is decreasing because that is money, even a lot of money, our money is constantly disappear, if we do not panic, that's a lie. Although many people also know that the price of bitcoin will increase again for several weeks or months but the psychological pressure is too great, they can not stand and they made the wrong decision as panic selling, however, when people were too familiar with this situation, the panic selling will no longer happen, instead is a positive move, buy and hold

@maetthan17

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For others it is a panic time for them but for me it is not because it is normal to all crypto having a high and low rate sometimes .

BLACK LEG

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do not do it because it will make you lose, keep it because bitcoin will come back and try buying btc when low value to cover your losses

BitcoinTurk

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Quote from: Westinhome on March 03, 2018, 09:32:41 AM

Even if the bitcoin is falling down we dont need to panic cause the bitcoin and dont sell you bitcoin in a low price. Must better to wait and hold your bitcoin if you have trusted in bitcoin to going back into a higher value.

I agree, when hard falls are taking place, many users lose their Bitcoin BTC and cash reserves with panic sales. This is a highly beneficial and profitable situation for whale investors, who have a large amount of Bitcoin BTC in their reserves. Even if the money is always needed, it is not necessary to sell at low prices. Do not forget that the Bitcoins BTC bought with a high exchange rate will not put you in harm unless sold.

kalawang

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

Never shall my trust fade away in Bitcoin. Bitcoin can make miracles happen it already did that. The price drop is normal and is happening to any cryptocurrencies existing just learn how to react to it. In Bitcoin's case you should hold your ground because after this price drop there's something big, I know that it will go up again and this is not impossible for Bitcoin. If you sell your Bitcoin now you might just lose all the profit that you will get onwards when the price drop ends and I know it will end.

ucingucingan

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I suggest do not panic when bitcoin prices go down and you sell all the assets you have, it will actually make the price fall and even lower than before,

wolfgang56

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

People's mistake every time is the panic selling where they sell their bitcoin just because bitcoin's price drop. It doesn't make sense because even if bitcoin drop its price it will gain it again after few weeks or months. So I don't really get why people panic when bitcoin's price is dropping.

Lasvista

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Quote from: iamTom123 on June 15, 2017, 11:33:33 PM

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?

Not because the bitcoin is falling so are you though , bitcoin cannot be stable remember that because of the volatility on the marketplace it result the ups and downs price of bitcoin. Just wait and hold it you shouldn't freak out some are just fake news though.

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