Topic: Bitcoin is Falling...Is it Panic Time? - page 25. (Read 34150 times)

We should remember that the more we panic the more bitcoin will FALL so just HODL and stop looking in your portfolio. I understand that its not a good sight when you see everything is in red but we should expect that since the crypto market is very volatile we can't expect it to be green all the time, that is why we need to study and learn how to trade correctly so that we know when to get in and get out. With bitcoin a lot of FUD news is happening right now and that is the reason why it keeps on dropping. Do not lose hope, this scenario has been going back and forth so just hold on, bitcoin will climb up and moon. Those who are patient will be rewarded and those who panic will lose.

We dont need to panic remember bitcoin died a lot of timws but it is till rhe best cryptocurrency that have a strong and have a potential to increase more so dont sell when bitcoin is too low wait and hodl this until it pump.

Even if i'm new to bitcoin i don't panic because you can't predict if the price of bitcoin will drop straight to the bottom you may be shocked if bitcoin right now is 3000$(example) then you didn't realize that the price of bitcoin on the next day or next month any day any month any year that the price of bitcoin reach to it's peak or even more so only time can tell.

No its not panic time, its buying time! because of its price now it is really a good time to buy it may be low for now or for long but when time comes when bitcoin price spikes up again youll receive big profit. So i suggest not to panic. But its still up to you its a matter of risk taking. After all its either you lose or you can win it back again next time.

For sure, one of the reasons why Bitcoin is going down is the decisions of the people with weak hands. They are having some rounds of panic selling for sure. For me, I don't belong to them. I am fully on the side of Bitcoin and on the side of crypto. Let us all unite and catch the weak hands. They are selling cheap coins. Time to acquire more. Take note that the prediction remains, Bitcoin is $50,000 in 2018.

Naturally, if we feel panic when the price of Bitcoin experienced a very low price, especially for Bitcoin users who have a large stock or assets in the form of Bitcoin, I think in the current conditions where the price of Bitcoin is at the lowest point is We must reduce our panic so as not to interfere all the schemes we have collected from the beginning, and are always optimistic.

I'm trying not to panic even though the slightest loss I've had since the bitcoin price goes down, because I'm sure the bitcoin price will someday rise again and I'll keep it until I get bored .. what I do is because I trust the bitcoin and bitcoin has changed my life to be better than ever and I will be faithful ..

Yup price is a great entry point right now. Anything in the $8000's is a great deal!

Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.

Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.

Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)

If bitcoin is still falling down this 2018 then i will just hold my bitcoin no matter what happens because bitcoin enrich me and bitcoin is life. Many people panic by falling down of bitcoin thats why they cash out there bitcoin thats why bitcoin is dropping price also because of the people who are pull back there funds.

This the great time to buy bitcoin because price getting low. The price is only $8,791 as of now.
If you buy bitcoin now you can get a bigger profit when bitcoin price gets high.

yes this is panic time to buy not to sell, this is a chance to multiply your trading capital, you will be really rich if the price goes up

No need for the panic the value will rise again, it has happened before it dips and it rise again so no need for the panic.

Investors who invested within last 3 months would be panicking but I still suggest them not to panic and sell in loss if they might be thinking to.

I wouldn't necessarily panic at this time.
It is hovering around $9,900USD per bitcoin.

So I wouldn't say we are all in a bad position. BUt those who got in very late in the year when it was at around double this amount just about a month and a half ago and not around when it was at $1020 a year ago(checked on 99bitcoins ,
Then I can see them panicking and not knowing what to think of bitcoin at this moment in time.
Since they are use to a more conventional container of the value they put into to be held in.
Such as precious metals, stocks & bonds or whatever dollar they are making use out of in their half of the globe.

why we have panic?? i believe the down trend of the bitcoin will be change to trend up at march. for pro trader this  situatuion a chance to buy bitcoin or other altcoin.

We cannot tell when is bitcoin dump but price drop is a normal thing. Being panic is not good for this situation it was a blessing for us also for the newbee it will be the chance to buy coins at lowest price you just need patience  to wait for its price pump.

Price will increase, but none could have thought that price will go low to this extent. When the price was above $15000, strong speculation were getting circulated that bitcoin won't fall low to  10000. Now the speculations were outlawed and let us hope for a bigger increase at the earliest.

We don't have to panic but it is an opportunity to buy cheaper bitcoin while its value is low because I know bitcoin price will pump soon higher than we expect it to be.

For new to crypto world, it is indeed panic time.  I have done that before when I am still new to bitcoin.  Due to panic I sell my bitcoins to cut loss but to my dismay, its price goes up several hours after I sold it.  I will never do that again.  And yes it is a good time for those who want to invest with bitcoin.

No, why its panic time? I think its happy time for a big trader because they have get again a golden chance to buy more bitcoin on low price. While yes some low level traders who have already bought bitcoin at a time when price was high for them its panic time because they are not affordable to such high falling of price. But don't worry hope price will again start rising hurry.