Bitcoin is Falling...Is it Panic Time? - page 26.

shanksluffy

newbie

Activity: 85

Merit: 0

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

The price of the bitcoin are always changing. It takes time and patient to gain high value of the bitcoin. We need t monitor the pattern of the up and down chaning of the bitcoin daily.

Markupoltit

member

Activity: 128

Merit: 10

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

It is not a good time to panic, because as well as that when the price of bitcoin fall don't panic because there is a chance that the price of the bitcoin will get high. So that you don't have to worries and also don't even panic.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Panicking is the reason why many people losing their money on trading. I think we should be calm always when we are doing trading for us to avoid loses and keep us to do wise decision.

Lowryy

jr. member

Activity: 32

Merit: 5

It's never a good time to panic.

In panic you are not being rational. You are being emotional. When it comes to money/investments, being rational wins compared to being emotional.

bablu10

newbie

Activity: 123

Merit: 0

we all know that there are has ups and down in human life. sometimes we are spent good time and sometimes we spent bad time in life. ups and down its a universal true. so bitcoin price now is going to down but bitcoin had started from how much price ? we knew it ? i can say yup we knew about it. so dont be upset take it easy and give times..... thank you all..

niteroy

member

Activity: 476

Merit: 17

It's no secret that bitcoin will grow. Only beginners give in to panic, it has always been so. In July 2017, when the bitcoin price rose to $ 2500, everyone said that this ceiling and bitcoin would collapse, but on August 1, after the forking of Bitcoin Cash, it began to grow and grew to $ 3,500, after which again many said that bitcoin would soon collapse, but then there was only growth and after a month bitcoin already cost $ 8000 and then $ 10,000 and after a week we all saw the price of $ 20,000, so my advice is not to panic and use the moment until bitcoin's price is low to invest in it and different ICO projects.

Rrtt

member

Activity: 378

Merit: 10

We can always see a trend likes this. Bitcoin falls, then bitcoin rise. It's the volatility on the price of bitcoin that creates opportunity. This year maybe the fall will be attributed to the fear that is being created by some countries trying to ban cryptocurrency exchanges. You can see more of this in the future, just don't panic.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: BCTBF on January 30, 2018, 05:52:39 PM

As prices fall, try not to panic and remain confident that prices will rise again, so panic can be overcome, bitcoin prices are still in my normal state, so there's nothing to worry about right now.

That is the right thing to do, otherwise we will be losing the opportunity to sell for a profit once the price started to rise again.
Times like this is a time that we should always be patient, bitcoin is not scam so eventually it can attract investors again and we will have a bullish market soon.

BCTBF

sr. member

Activity: 560

Merit: 257

As prices fall, try not to panic and remain confident that prices will rise again, so panic can be overcome, bitcoin prices are still in my normal state, so there's nothing to worry about right now.

214missy

member

Activity: 98

Merit: 17

Quote from: Donceng on January 30, 2018, 11:09:07 AM

When bitcoin prices drop, I will not panic, and I will continue to wait for bitcoin prices to go up again, but I will sell bitcoin now if I really need it, I think selling bitcoin now we will not feel too detrimental because at the moment bitcoin price is enough so we will not feel a loss if it will sell it now. But it would be better If we delay the sale until the future it could be bitcoin prices will rise dramatically because as we know that bitcoin prices are not stable.

Yes I agree with you to wait the recovery of bitcoin instead of panic and we should never sell our bitcoins everytime we see the down trend on it. Because you'll never know what will be value of the bitcoin when it recovers. Many people get upset when they sell their coins and then suddenly the price got up. So it's really better to hold and wait.

Xerox101

newbie

Activity: 152

Merit: 0

definitely No, You have not to worries and don't even panic. This is the strategy of business, instead of panicking we have to think wide that this is for our time to buy bitcoin at lower price, because if the price will increase it was a good profit for us.

BETnaBET

newbie

Activity: 125

Merit: 0

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Yes it's panic time on us who only hopes for their salaries for the needs of the family. Going price down of bitcoin affects us so much because we're expecting for a change in our life to improve, but we don't have choice but to sell it. While if you have extra money for everyday budget you can hold your bitcoin and sell it on the right price you think to sold it. Because we all know that bitcoin will increase in the coming months. I believe in that,to meet our dreams come true.

Card

member

Activity: 263

Merit: 10

Quote from: Leane Lee Natividad Cuenc on January 30, 2018, 11:25:20 AM

Quote from: coynedterm on June 15, 2017, 11:48:31 PM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices .
So instead to get panic you should make profit.

I wont panic even the bitcoin is falling,id rather to be calm and think wisely how and what to do my bitcoin...otherwise i will sell some of my bitcoin and keep some for the another currency.although im not good enough but i will not panic as long as i know still there..

we do not need to panic, because it has become a regular price Criptocurrancy currency up and down, ups and downs. precisely with the decline in bitcoin prices, this could be our opportunity to find and earn coins here, when the price rises newly sold.

niz3r_nade

newbie

Activity: 162

Merit: 0

It has become the regular price of Criptocurrancy currency up and down, so do not panic ..
Indeed there are ups and downs. the price drops our odds of finding a coin here, when the new rising price is sold ..
If you believe in bitcoin, hold them for a longer time as the price will WISH go up again

Leane Lee Natividad Cuenc

member

Activity: 154

Merit: 10

Quote from: coynedterm on June 15, 2017, 11:48:31 PM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices .
So instead to get panic you should make profit.

I wont panic even the bitcoin is falling,id rather to be calm and think wisely how and what to do my bitcoin...otherwise i will sell some of my bitcoin and keep some for the another currency.although im not good enough but i will not panic as long as i know still there..

Donceng

member

Activity: 251

Merit: 10

When bitcoin prices drop, I will not panic, and I will continue to wait for bitcoin prices to go up again, but I will sell bitcoin now if I really need it, I think selling bitcoin now we will not feel too detrimental because at the moment bitcoin price is enough so we will not feel a loss if it will sell it now. But it would be better If we delay the sale until the future it could be bitcoin prices will rise dramatically because as we know that bitcoin prices are not stable.

shawn995

full member

Activity: 350

Merit: 100

I think it panic time for those who have bought bitcoin at a time when price was 15k$+ . Then now present time is very panic time because they are in very huge loss while those who are now in busy in bitcoin for them its happy time because price is low and when they hold these coins for future then they can earn huge amount.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Is it ever "Time to panic"? Do you think successful traders panic? Or run around delusional with optimism during a rally?

Math is your friend not emotion.

DexterLox

newbie

Activity: 28

Merit: 0

I do not think it is necessary to be alarmed so much, the year is starting, it is clear that btc and all the cryptocurrencies would have a decrease in their value that will very likely increase again in the coming weeks. I think it's time to wait, observe how the market moves and take forecasts.

Trendy

newbie

Activity: 8

Merit: 0

Quote from: gurupauts on January 18, 2018, 08:39:05 AM

If the bitcoin price goes down as it now does not need to panic, control your emotions, be patient and wait for bitcoin prices to rise again as bitcoin prices will surely rise again.

Yeah it has seen a lot of dumps but then price use to increase again at high level so they should not be worry about price. Holding is a way that big players use to play bitcoin, they invest and wait for price of bitcoin to grow again it is not good to sell at this time. Bitcoin rule is bought low and sell high, it is not good sell just accumulate. They buy panic but they don’t sell at panic so holding is best option about bitcoin now I am willing to invest in bitcoin and for long time price of bitcoin will grow fast.

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