Topic: Bitcoin is Falling...Is it Panic Time? - page 22. (Read 34150 times)
Who told you to buy BTC if you can't handle the UPs and DOWNs of BTC life ? huh..
The same story repeats every time when Bitcoin goes down. Panic and speculation about the end of the Bitcoin.
The ones who are most to be blamed about that are new unexperienced Bitcoin users and those who wanted to become rich over night.
I guess there will always be people who don't know enough about Bitcoin, who didn't go into deep of world of cryptocurrencies and that is why with every price drop we see the same situation.
The ones who are most to be blamed about that are new unexperienced Bitcoin users and those who wanted to become rich over night.
I guess there will always be people who don't know enough about Bitcoin, who didn't go into deep of world of cryptocurrencies and that is why with every price drop we see the same situation.
I think one should not easily panic because of the movement with the price of Bitcoin. Please take into consideration, that bitcoin is like any other currencies or paper money fiat but on an electronic platform. Anything that you will put in like a stock will be moving like a stock. The movements will always be based on different factors.
at this time the bitcoin price is falling, but judging from the current increase there is the possibility of bitcoin will increase again, although the increase is not too big and but it happens slowly and grow, I think at this stage bitcoin will need a little time in order to start recovering from the situation, to get back on the increase, because a lot of things happening now that hamper growth, of course I think such problems will not be completed easily and quickly,
Panicking during the dip is not ideal because it will just cause a chain reaction. Some people, especially those who are just new in bitcoin and cryptocurrency would most likely do panic selling when prices dip. If more and more people will panic market price will just keep on dipping more. Anyways, this will just give a better opportunity for those people who would buy during the price because this will give them more favorable price to buy in.
First of all, it really is unpredictable. It's a normal thing for it to went up high the fall. Think about it as stock markets, it do really goes up and down depending on the market situation. Going that high within just a few months, it should not be a shocking event for it to drop its. It might be just because of those selling their coins due to these small changes. It's not something to be afraid of, almost everything in the market changes its price. It can't go straight up into a ladder most especially at this time where issues on centralizing it are emerging. Within just a few months, after dropping its price, others would start buying it and eventually it will recover its state.
it might be better to stay calm and not have to panic in the face of the current price reductions in bitcoin, because we know that it often happens to bitcoin and believe me the bitcoin price will rise again as soon as possible.
First 4-5 months of the new year is always hard time for crypto, you can check charts from previous years
For me, as an investor who educated myself with the functions and natures of products most especially bitcoin in the market, I would suggest you guys keep yoyr valuable bitcoins instead of panic selling. Panic selling wouldn't do anything good with the current situation bitcoin was in but instead it will worsen it. Think of other investors. I say if you don't have the guts to keep bitcoins when the pruce dropped then why the gell have you invested on something that is highly volatile in the first place?
If you want to lose money then just panic and sell all your cryptocurrencies for a lower price because i think that is the best way to loss a lot of money. But if you are a holder and a true believer then just hold your cryptocurrencies and hope for the best for the incoming months and years.
Panic time is very normal. because the price is growing very fast. I do not expect more.
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?
Sir before working with crypto currency it is important for you to know that Bitcoin is extremely volatile, its price changes in every single period of time. Even it dumps hardly, we can assume that it will be back to normal after all.
and you shouldn't panic about that for it is dangerous in business or work.
I was able to transfer all my bitcoins into other cryptocurrencies for assurances news are saying that bitcoins may split and have a fork .The panic now is now ongoing so i dont sell my bitcoins just like others do just transfer to other altcoins.
Many people now get panic but it is safe if we keep calm because panic will not help us this can be the reason for us to sell bitcoin, but sell in low price is bad idea. So keep calm guys stay hold.
bitcoin does not fail and it's not time for panic, just a little bit of anxiety, given previous experiences, it's just a transition to a higher price, so it's better to calm the mind and be more relaxed so as not to panic
bitcoin price down are indeed very deeply, but indeed a cycle of bitcoin is like this, so for those who have long known bitcoin, they will not panic. but for new players, they will panic. they should know that bitcoin is long term, so in the end, bitcoin price will recover.
I personally think USD5k is very likely. Reasoning: during a crash of a bubble, the baseline to the start of the original parabolic growth is very likely; as those who enters after that point in time are paying, increasingly, exponentially more to enter into the market as the price went up way too fast.
4.5USD? maybe.. some even predicts that it might go down to 2kUSD eventually this round (but I am kinda sceptical).
It has risen slightly as some whales decides to buy in, however, the drop might not be just over yet (I don't see a sudden change as a real recovery), until all the negative news have finished rolling out. I think it will likely go down to USD7k, and stabilize a while; and might go down even further till mid Feb(?)
Basically, it could very well continue to drop in phases, as the regulatory news starts rolling out + countries staying that they are considering banning it completely, etc. More are certainly to come.
In the longer term, hopefully, there will be an accumulation of an increasingly experienced HODLers to provide a more stable higher baseline?
I'm not an experienced trader, but these are just my own personal pondering and thoughts.
4.5USD? maybe.. some even predicts that it might go down to 2kUSD eventually this round (but I am kinda sceptical).
It has risen slightly as some whales decides to buy in, however, the drop might not be just over yet (I don't see a sudden change as a real recovery), until all the negative news have finished rolling out. I think it will likely go down to USD7k, and stabilize a while; and might go down even further till mid Feb(?)
Basically, it could very well continue to drop in phases, as the regulatory news starts rolling out + countries staying that they are considering banning it completely, etc. More are certainly to come.
In the longer term, hopefully, there will be an accumulation of an increasingly experienced HODLers to provide a more stable higher baseline?
I'm not an experienced trader, but these are just my own personal pondering and thoughts.
bitcoin does not fail and it's not time for panic, just a little bit of anxiety, given previous experiences, it's just a transition to a higher price, so it's better to calm the mind and be more relaxed so as not to panic
All People who interested crypto world says that it seems to be correction, not to make panic on people, at least I hope like that 
Yeah, theres no doubt that bitcoin is falling AGAIN because if you remember it happened before that bitcoin`s price fell really bad during the fork but at the end of the day, the price rapidly grew so high. So there is no need to panic, just relax because the price will grow high again and I know it will pass it`s limits again, in it`s price and it`s stability. Sooner or later bitcoin will rise again so don`t bother to sell your bitcoin.
Yes, bitcoin price plummets, but we don’t need to panic and sell all our bitcoin to make sure that we still gain some money. In the early year’s of bitcoin, we know that bitcoin’s amount also drops down because to some reasons and issue that happen. But we also know that bitcoin’s price increase at the rate of 20,000$ at last December. Yes, this time bitcoin price plummet, and after analyzing some graphical price at bitcoin we can see that in every first quarter of the year bitcoin’s amount decrease and rise back after a couple of months, so relax don’t panic and take some time to think if you genuinely want to sell your bitcoin.
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Don't panic. We all know that bitcoin pricing is either increase or decrease each value of bitcoin. The defferent sometimes as a investor I hold it until to the right time. From now bitcoin are gaining more popular to the other country even in my country thats the not high economy they invest in bitcoin as well but the fact that bitcoin are banning in any country such as china and india I think thats the prevents bitcoin now and obstacle to bitcoin development.
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