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Topic: Bitcoin is Falling...Is it Panic Time? - page 14. (Read 34160 times)

sr. member
Activity: 406
Merit: 250
February 23, 2018, 11:38:13 AM
I am not sure that panic is the right way at any situation. Always better to find power inside yourself and just wait for better times to get your profit or something else.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
February 23, 2018, 11:37:22 AM
Look nowadays, your thread is timeless cause bitcoin will be going down and up always even after next 10 years and that is why it give so many opportunities to earn something by only buying and selling it.
full member
Activity: 574
Merit: 108
February 23, 2018, 11:36:30 AM
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?
It's normal to have the value of bitcoin falling but you should not panic and sell all your bitcoin right away. Always remember that bitcoin's value is volatile which clearly means that the value has still potential to rise once again. Always be smart and wise in making decisions so that you can gain more benefits and avoid regrets just because you are too afraid to loose your money.
hero member
Activity: 994
Merit: 544
February 23, 2018, 11:33:32 AM
Bitcoin is really volatile and one thing i have learned the hard way is not to PANIC every time there is a dip, don't panic, keep holding your Bitcoins and buy more instead. Once you panic you can no longer think clearly and you may do some things you might regret in the future, take it from me, been there, done that. Smiley
 

Indeed.  Never panic because if you did, you will regret ir for the rest of your life.  Just like what happened to me, I panicked before after seeing bitcoin price is going down.  I sold it and to my surprise it goes up just an hour after I sold it.  When bitcoin price ia falling tit is the best time to buy.
full member
Activity: 742
Merit: 160
February 23, 2018, 11:33:11 AM
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?
It's not a right thing to panic just because the value of bitcoin is falling, the best thing to do at this situation is to keep on holding and keep on believing that the value will soon rise again. We are too worried about our money that's why we end up for regretful decisions sometimes. Think first carefully before making a decision so that you won't end up disappointed.
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
February 23, 2018, 11:28:16 AM
Bitcoin is really volatile and one thing i have learned the hard way is not to PANIC every time there is a dip, don't panic, keep holding your Bitcoins and buy more instead. Once you panic you can no longer think clearly and you may do some things you might regret in the future, take it from me, been there, done that. Smiley
 
full member
Activity: 1050
Merit: 100
February 23, 2018, 10:41:03 AM
indeed bitcoin prices for now are experiencing a significant decrease in my opinion it is very common in the market system but that does not mean we have to panic .. bitcoin will rise in a few months and will reach a very fantastic price, so you will only see the price is now sufficient today, because bitcoin will continue to rise significantly every year to come ..
newbie
Activity: 77
Merit: 0
February 23, 2018, 10:02:06 AM
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?
Bitcoin fall down and rise up are a common thing due to trading goes on everyday. But, we do not need worry. We must hold on to bitcoin because bitcoin price always recover in the right time and consider its price always increases over time.
full member
Activity: 293
Merit: 100
February 23, 2018, 09:51:34 AM
bitcoin will always decrease for a few days, and bitcoin recovers with better and higher prices. I think it is normal in the market that depends on the economic status that has developed, the rise and fall will always exist and over time we all hope that it moves in a way that benefits most people who believe in investing bitcoin , so you do not be afraid when bitcoin decreases in price.
full member
Activity: 490
Merit: 107
February 23, 2018, 09:28:47 AM
Of course, this can be considered a panic because your money you invested in bitcoin decreases, but it should not succumb to it and it is better to have patience and wait this period with falling prices
No not at all it is not good to even think about selling or to get panic your bitcoin, there is no need to panic or specially at this time when price is low and it is at steers to get high, as we can see gradually it is increasing now, if you notice the present condition of bitcoin we will find bitcoin price going high every day. It is not the permanent drop as bitcoin has the potential to overcome this price fall in few months.

I am sure bitcoin will get its old position like it had at the end of 2017 and price will cross 30k dollars very soon, so have patience and never think to sell it even if the price is getting low, because it use to increase and decrease all the time try to buy more when you see price is low.
Yeah when the price of bitcoin goes down it is not appropriate to get panic and dump immediately because if you do so then you add on the situation and also might also end up deficit you sell lower than the price as the price you bought it.
The best thing should posses when you into bitcoin or any crypto currency you know how to read the pulse of the price before you buy and sell.
sr. member
Activity: 574
Merit: 253
February 23, 2018, 08:58:24 AM
When the price of it falls, you do not have to panic, the price fluctuation is quite normal from this you can not escape, so be patient and wait for growth
Waiting is a better option than selling in a loss condition, I'd rather lose 100% money than most, I'm sure that bitcon prices are skyrocketing as of December, and it's time to buy if we think the current price is cheap.
sr. member
Activity: 504
Merit: 250
February 23, 2018, 08:52:00 AM
When the price of it falls, you do not have to panic, the price fluctuation is quite normal from this you can not escape, so be patient and wait for growth
legendary
Activity: 1204
Merit: 1028
February 23, 2018, 07:38:04 AM
Of course, this can be considered a panic because your money you invested in bitcoin decreases, but it should not succumb to it and it is better to have patience and wait this period with falling prices
No not at all it is not good to even think about selling or to get panic your bitcoin, there is no need to panic or specially at this time when price is low and it is at steers to get high, as we can see gradually it is increasing now, if you notice the present condition of bitcoin we will find bitcoin price going high every day. It is not the permanent drop as bitcoin has the potential to overcome this price fall in few months.

I am sure bitcoin will get its old position like it had at the end of 2017 and price will cross 30k dollars very soon, so have patience and never think to sell it even if the price is getting low, because it use to increase and decrease all the time try to buy more when you see price is low.
jr. member
Activity: 168
Merit: 3
February 22, 2018, 10:57:37 AM
Bitcoin is falling but i am sure that sonn bitcoin encrease. Wink
member
Activity: 328
Merit: 10
February 22, 2018, 09:58:40 AM
I will stick to bitcoin gan because it sells when the cheap price we sell bitcoin then we will lose better we save the saha bitcoin we have to sell it when the price is very expensive than to exchange to currency that is not up and up again we do not buffer profit if exchanged it to the currency
newbie
Activity: 182
Merit: 0
February 22, 2018, 09:57:31 AM
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?

for what we have to panic up and down it has become commonplace. let alone for bitcoin which tends to be higher in value than others. remain calm and analyze the market is what to do when the value goes down
hero member
Activity: 1008
Merit: 500
February 22, 2018, 09:38:09 AM
Do not panic  ,everything will be alright. The fall in bitcoin price is part of the market.
What goes up must come down.
hero member
Activity: 1302
Merit: 503
February 22, 2018, 09:17:55 AM
I've noticed that those people who are newbie in digital cryptocurrency were panicking when bitcoin price is dropping. But those people who's been there for long it is just normal. We don't need to panic when bitcoin is falling. It is just normal because it is in the market guys and it is part of it.
- Not only the newbie, people who have knowledge and stay in this world for a long time, they will also have a certain fluctuation, they will also have panic because Bitcoin is money, even a lot of money, suddenly lose a lot of money, no panic is to lie. However, they have a difference, they know quickly balance their emotions, this helps them avoid unnecessary and fundamental mistakes, and when they adjust their emotions, they also think of opportunities to help them get more from bitcoin
member
Activity: 266
Merit: 10
February 22, 2018, 08:36:20 AM
Why do people always ask this? Its normal that bitcoin is fluctuating over time, even people falls down but gets back up again, so bitcoin will rise in every down fall. And in everytime it is falling do not do anything but to hold and observe whats happening. And let it fall just hold your bitcoin.
Probably the too fast success of bitcoin value growth in 2017. It formed a habit and they forgot that volatility was the essence of the cryptocurrency market. Selfishness of wealth has affected the psychology of many. There is reason to understand that. Trust and patience are always needed in cryptocurrency.
member
Activity: 176
Merit: 10
February 22, 2018, 08:17:07 AM
Why do people always ask this? Its normal that bitcoin is fluctuating over time, even people falls down but gets back up again, so bitcoin will rise in every down fall. And in everytime it is falling do not do anything but to hold and observe whats happening. And let it fall just hold your bitcoin.
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