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Topic: Bitcoin is Falling...Is it Panic Time? - page 27. (Read 34150 times)

member
Activity: 77
Merit: 17
January 21, 2018, 12:34:08 AM
No, there is no need to be panic as long as many users of Bitcoin existing it will last long. And also it not easy to terminate Bitcoin because it scattered around the world so you can live with Bitcoin for lifetime.
sr. member
Activity: 263
Merit: 250
January 20, 2018, 07:59:31 PM
I think panic is a bad sign on business area. Panic can make people sick. Make people weak. Make everybody unfocused. Panic is a major sign of weakness to a weak foundation of business. I think much better to do now by the bitcoin holders is divide the bitcoin and invest to other possible altcoins to raise like bitcoin.
I myself will never consider it as panic selling, in fact we are now use too with bitcoin nature, i think that the currency dump was just because of the market correction and hope it will very soon over and the price will very soon start rising again, because we are still very confident about the price of bitcoin that it will continue increasing and will reach to at least 70000$., Therefore bitcoin still has too much distance to cover.
member
Activity: 282
Merit: 10
January 20, 2018, 12:30:35 PM
No , we really don't need to panic , at least not know , maybe in the future , anyway , Bitcoin is ricing up again so there is no time for panic , after a few weeks Bitcoin should rice up to $20k an then it's gonna be perfect . So don't panic, everything is ok for the moment , all good . We should stau calm and wait for the Bitcoin to rice up . Every time Bitcoin is falling down he's ricing up again with a double price , so there is no panic guys .
member
Activity: 121
Merit: 10
January 20, 2018, 11:44:50 AM
i really do not think of panic selling some of my bitcoins.It is just normal having to go on prices high and prices making low.Just stay calm and watch prices to go up.And if you are the one who is panicky then go sell your Btc's.
member
Activity: 103
Merit: 10
January 20, 2018, 09:34:49 AM
Panic selling is the worst thing that everybody does. Theres no need to panic if bitcoin price is falling and selling yours coins in that moment is not good answer. If everybody panics and continues to sell their coins that will results in bitcoin price fall again.
member
Activity: 171
Merit: 10
January 20, 2018, 09:12:29 AM
Fortunately, the panic is over and bitcoin is slowly returning to lost ground. But the cost of 20,000 we will see at best only in the summer.
newbie
Activity: 154
Merit: 0
January 20, 2018, 09:00:11 AM
I think panic is a bad sign on business area. Panic can make people sick. Make people weak. Make everybody unfocused. Panic is a major sign of weakness to a weak foundation of business. I think much better to do now by the bitcoin holders is divide the bitcoin and invest to other possible altcoins to raise like bitcoin.
full member
Activity: 334
Merit: 100
January 20, 2018, 08:49:13 AM
It doesn't seem to be, bitcoin not fall and just being a bit knock on value. I believe bitcoin can be more valuable than last year.
Though the market price of bitcoin has managed to recover but even if the market value of bitcoin starts falling down, there is nothing good which you can get in return if you will get panic and will go for panic selling of your bitcoins. This will only result in loss of money and that you will only regret in your future about what all you have done in your past. Just be calm and hold your bitcoins.
hero member
Activity: 966
Merit: 500
January 20, 2018, 06:54:42 AM
It must be alarming on bitcoins right now but keep in mind that it started from just a hundred dollars before i think youre late investing on it, you might invested when its already on top which give you less profit from it. This is not a panic time for bitcoin, it is still on high price why would you panic ?

Depends on what price you bought Bitcoin. If you bought Bitcoin for 18000 dollars, then probably you can panic. Have enough patience Bitcoin will still grow.
full member
Activity: 476
Merit: 100
January 20, 2018, 05:33:13 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?
No it is not but it a good opportunity to buy for more bitcoin in this time while the price is low. There are lot of works that earns bitcoins and I want to join each works because I want to earn bitcoins because I want to save more bitcoins and hold it for our good future.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 20, 2018, 05:31:58 AM
why need to be panic if there's an option to hold or buy at the dip? if you get panic,you might miss the profit bitcoin will give you when it rise again..Just a simple advise,dont put all your money into it so whatever happens,you will not cry at the end.
Those who are smart they will prefer to hold their coins because they are well aware of consequences and panic seller will do a lot of loss for themselves as well as to the values of bitcoin so the best option and the rightest thing to do right now is holding and selling at this time will surely lead to the loss and regret in the future will be more painful when everyone will be making money and they will be watching faces.
full member
Activity: 672
Merit: 105
January 20, 2018, 05:27:01 AM
With the current condition where the price of Bitcoin is falling in price, we should not panic and hold fast to maintain our Bitcoin value, so we will avoid the loss, and try to wait some time forward because we believe that Bitcoin will be upgraded at future.
legendary
Activity: 1652
Merit: 1057
January 20, 2018, 05:06:33 AM
I do not think there is anything definite in life, everything can change, so do bitcoin, we just have to be smart to make decisions
That’s a fact of nature. Nothing is there forever and everything is supposed to decline one fine day but the thing is that bitcoin is the most used crypto currency and recently it has been declared legal in many developed states. Many big companies and restaurants have started accepting bitcoin as a mode of payment. In short, the thing is that bitcoin has to yet bloom at peak so we should stay optimistic about it.
hero member
Activity: 1148
Merit: 528
January 20, 2018, 04:49:24 AM
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.
For me,It's  a very common problem of bitcoin,There are times that the price of bitcoin fall but nothing to worry about the downfall.I don't need for panic selling instead i will kep my bitcoin believing that bitcoin will rise again until it hits to $20k.
It seems you are well known of this market for bitcoins. Actually this is beauty of bitcoins that they don’t stable at one point. The volatility they shows, this makes their value high. This make them fantastic over the course of just 9 years.

In this short period of time people are likely to get them. Use them for their own cause. This is all about the volatility of bitcoins. Good luck to them.
full member
Activity: 392
Merit: 100
January 20, 2018, 04:12:40 AM
bitcoin prices are currently down then control your emotions do not panic because if you panic then only the losses you get, be patient and wait bitcoin prices back up, even this is a good time to buy bitcoin
newbie
Activity: 104
Merit: 0
January 20, 2018, 03:56:05 AM
looks like we are inching up! Bitcoin is at $12426.49. Stay positive people and always follow your trading plan..  Grin
legendary
Activity: 1120
Merit: 1003
January 20, 2018, 03:54:28 AM
the only conclusion that should be possible is that the market is now under the influence of such a massive rise, showing the potential to decline . frankly, I believe that an average of 1 2 months will make a good rise after the first 6 months of 20000 avarage .
newbie
Activity: 294
Merit: 0
January 20, 2018, 02:12:20 AM
I think Bitcoin price is falling because it depends on Buyers Traders and Investors if theres no one there Bitcoin will actually fall
member
Activity: 952
Merit: 41
January 18, 2018, 05:09:37 PM
Well I think this question is still relevant die to the present happening in the world of bitcoin, a lot of people are rushing to do panic selling most especially the newbies in bitcoin who does not have a background knowledge of bitcoin. Bitcoin is a very volatile commodity and at that bitcoin price always move up and down and if you are not well grounded with that knowledge you may rush to do panic selling when there is any little fall in price but one thing we should understand is that the price of bitcoin can not be going up always there is also a time that there will be dip fall in price of bitcoin and at that you have to hold on.
full member
Activity: 257
Merit: 100
January 18, 2018, 04:48:26 PM
Yes mostly panic sellers sells at low and dump any coin badly, My advice for every crypto family member is to hold bitcoins, otherwise we will regret if it goes up.
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