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Topic: Bitcoin is Falling...Is it Panic Time? - page 24. (Read 34160 times)

full member
Activity: 462
Merit: 100
SOL.BIOKRIPT.COM
February 02, 2018, 08:35:39 AM
Super panic time for me. I cant believe that from $19+ down to $8k+. Im not sure what will i do now. I am losing big here because i kept on holding my bitcoin hoping it will have its highest value this 2018. Im not saying we all should panic, if this happen many will sell their coins and the value of bitcoin might end to nothing. I just still putting my trust on bitcoin, hoping this is just a test of patience. And probably just giving as a thrill of a lifetime.
member
Activity: 182
Merit: 13
February 02, 2018, 08:28:54 AM
Guys this posts was from June 2017 and here we are again.

I am new here but I know what to do. Control yourself from pressing that exchange to fiat button or else you might regret it.
People tend to panic because they see the conversion of their bitcoin to their own fiat currency.
What I do? I dont look anymore. Just let it be. It will grow. Last time I checked it was at 9k dollars. I dont know about it afterwards.  Grin
full member
Activity: 378
Merit: 100
February 02, 2018, 08:26:52 AM
Not the great move if bitcoin is falling again like today. As you can see, the value of it, is really going up and down. Like what most people are saying on this post is that holding is the best thing to do.
Well that is true that bitcoin is really falling on the market and many people are or many holders are so sad because the value of there bitcoin is really low, but for me the fallung of the price of bitcoin is very greag oppurtunity for us to buy more bitcoin and to hold for long time.
newbie
Activity: 280
Merit: 0
February 02, 2018, 08:20:12 AM
Not the great move if bitcoin is falling again like today. As you can see, the value of it, is really going up and down. Like what most people are saying on this post is that holding is the best thing to do.
full member
Activity: 413
Merit: 105
February 02, 2018, 07:33:31 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?

Sad to say that bitcoin is falling. But I think that bitcoin will be back into its original value. So no need to worry about bitcoin increasing. Do not be panicked because the time will come that it will back into the high value of it.
sr. member
Activity: 1274
Merit: 252
February 02, 2018, 06:54:13 AM
I will hold it because if I sell or change to another cryptocurrency, I suffer a loss so in my opinion it's better to keep hold of, bitcoin ever rises high after a correction or whatever it is, it will surely will be time to rise again.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 02, 2018, 06:44:50 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?
Always remember that panicking can lead you to do bad decision. If you want to become successful, then you should focus on how you will control your emotion for yout to avoid panicking.

Panic is the wrong move we can do in crypto world, just keep calm if you want to be success, dont let your emotion control you, you need to control your emotion to be come a successful.
Instead of letting your emotion to control you and have a panic selling mindset, why not become opposite of that and just buy the dips and keep holding for long term because if you will just buy at the dips and hodl them then you have a high chance that if the bitcoin market comeback then you will have a huge amount of profits just because you bought at the dips.
newbie
Activity: 56
Merit: 0
February 02, 2018, 05:22:56 AM
And it's that time of the year again.

The same has happened in 2017,2016,2015 and so on..
Weak hands panic and sell, while strong arms put more money into this opportunity and benefit from it.

Crypto is all about the ups and downs, when you enjoy 50% and even more profits, you can definitely be patient when it goes down at same rates only to come back again stronger.
member
Activity: 112
Merit: 10
February 02, 2018, 04:54:13 AM
Fundamentally bitcoin did not changed. Some governments will impose regulations and there will also be some companies
within the crypto community that will be found to be committing fraud or are just ponzi. Is this any different from the global
fx markets?

There are plenty of ponzi schemes, illegal money laundering and scams in the global fx trade but it is a trillion dollar daily
volume market.

Bitcoin will go up and down but it has gotten the acceptance of the world, whether it is a form of payment of assets, it does not matter.
Bitcoin and most of the cryptos will survive and flourish.
full member
Activity: 335
Merit: 101
nothing is lost if you don't lose yourself
newbie
Activity: 10
Merit: 0
February 02, 2018, 04:36:57 AM
Panic is the stupidest thing that the community can do in our situation. Someone is just pumping and dumping BTC price relying on the bad News power.
The mission of community is to bring the stable price for BTC to USD pair. So that Bitcoin could be the winner and world-wide currency that is recognized by all sizes of business.
So, don't panic, just HODL and buy for little.
full member
Activity: 546
Merit: 100
CryptoTalk.Org - Get Paid for every Post!
February 02, 2018, 04:36:46 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?
Always remember that panicking can lead you to do bad decision. If you want to become successful, then you should focus on how you will control your emotion for yout to avoid panicking.

Panic is the wrong move we can do in crypto world, just keep calm if you want to be success, dont let your emotion control you, you need to control your emotion to be come a successful.
newbie
Activity: 8
Merit: 1
February 02, 2018, 04:30:45 AM
Time and time again day traders talk about removing emotions from the equation. Although it hard not to be euphoric when bitcoin goes up 30% you need to be especially calm when it goes down. Thus create different situations out outcomes to reduce the panic. For instance:

If crypto drops, how will I react? Will I hold? Will I buy more? Can I buy more? Do I have fiat on the guidelines ready?
If crypto goes up, how will I react? Will I sell? Will I hold? At what level will I sell?

There is a youtube channel called Cryptoinvestor where the guy talks a lot about his thoughts when he invests. Irregardless of if you think they are good or not it is a great practice to see how others do it:
https://www.youtube.com/channel/UCTKyJALgd09WxZBuWVbZzXQ

Also a podcast called Let's talk Crypto just released a good episode on the subject:
Episode 013 - Market crash lessons learned
https://schoolofcrypto.com/

So to answer the question: Never panic! Always stay calm. Do your best to keep emotions out of the equation and prepare for every situation. And if you still can't stay calm and start panicking, maybe you should consider scaling down the position.
member
Activity: 179
Merit: 11
February 02, 2018, 04:10:13 AM
Bitcoin falls, then bitcoin rise. It's the volatility on the price of bitcoin that creates opportunity.
member
Activity: 350
Merit: 10
February 02, 2018, 03:55:32 AM
I think that yes, for many this is a panicky time and they do not think sensibly and they all sell out because they are not sure that the prices will go up again, but as for me it is better to show a little patience and wait this period
full member
Activity: 434
Merit: 117
February 02, 2018, 02:19:48 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?
Always remember that panicking can lead you to do bad decision. If you want to become successful, then you should focus on how you will control your emotion for yout to avoid panicking.
member
Activity: 208
Merit: 10
February 02, 2018, 02:07:41 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 me I'm going to hold my bitcoin I'll wait until bitcoin going up again but I'm getting nervous rightnow because its getting lower.I hope that this coming days bitcoin will be back in a higher value.
sr. member
Activity: 742
Merit: 397
February 02, 2018, 01:52:33 AM
Just think positive when Bitcoin price is dropping for me I don't really panic when the price is dropping low,
I am just thinking about the positive sides,Like I could buy some while the price is low or I know this price would go up because there would be a huge investors who are going to take this opportunity to buy while the price is down.
sr. member
Activity: 568
Merit: 250
February 02, 2018, 01:25:16 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?
When bitcoin fall , don't panic instead think positive , always think that it is normal to happen .We should wait patiently until it turns to a higher amount.Don't loose your hope , soon you will see the good result of it.
Well panic is only for those who didnt believe in bitcoin because bitcoin.For me i believe in bitcoin so i tbink this is the right time for  me to buy many bitcoin and sell it if the price get rise we dont have to be panic on this moment arround because this is really nature on bitcoin feild droping of price is really a part of it just think positive.
full member
Activity: 420
Merit: 101
February 02, 2018, 12:47:13 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?
When bitcoin fall , don't panic instead think positive , always think that it is normal to happen .We should wait patiently until it turns to a higher amount.Don't loose your hope , soon you will see the good result of it.
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