Topic: Bitcoin is Falling...Is it Panic Time? - page 28. (Read 34160 times)
Never panic in cryptocurrency because if you let your brain like that you will never succeed on this community! just think and make a research why it is happening and when will it come back! do the buy and sell!
you don't need to be panic, they giving as a fake news so that the value of coin would decrease into unusual price just be patient when the coin would pump again, just stay calm and go with the flow just unwind for one week and you will see the market turns to green
The price went up so fast at the end of last year that I barely got used to it. I sold some coins at the top to recover my investment. I would have bought back some if the price had crashed massively, but in the end we only touched prices that were the ATH a couple months ago. I wasn't buying BTC then, no reason to buy it now, even though I expect it to go up. Not really worth the risk comparing to just hodling what I got.
=> no panic for me, as I can't lose.
=> no panic for me, as I can't lose.
Probably the price will continue to decline in the near future. From a fundamental point of view, the main factor that puts pressure on the Bitcoin exchange rate is the intention of the Chinese authorities to close citizens access to local and foreign platforms for trade in crypto currency.But I believe Bitcoin will rise again. That`s why I won`t recommend you sell your savings.
I myself depend on the condition if bitcoin is decreasing as much as possible I buy bitcoin because that's where the right time to seek profit.
Yesterday's evening really made me worried. But already at night the rapid growth began. So today I'm calm. Well, that kept from selling at a low rate.
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 am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat.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 really agree with you, I will hold bitcoin and will sell it when bitcoin price is expensive. very loss if selling bitcoin at the time of price down especially at this time. bitcoin prices are now very cheap than at the time of bitcoin prices earlier this month.
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?
I do not panic, because I believe it only lasts for a while. February later maybe bitcoin will return to normal. We wait until that time. And do not be a panic seller.
I do not see it as panic time rather buy the dip time. It is a combination of whales profit taking, newbie shakedown and FUD. If you are not buying bitcoin during this time, it is better just to hodl on your bitcoin. The price will go back up as it always does.
Agreed and why the panic?. This was not the first time in just 2 months that this happened. A month ago also it reached to 2.8k then dropped until 2.1k. this are just the dumps so that they could recover the sold coins then go increase again. Probably to maintain the stability of btc around the web. And to give more investors to buy more btc at a low price. So i guess this is just a normal routine for the btc, so there is no need for panic.
I do not see it as panic time rather buy the dip time. It is a combination of whales profit taking, newbie shakedown and FUD. If you are not buying bitcoin during this time, it is better just to hodl on your bitcoin. The price will go back up as it always does.
Agreed and why the panic?. This was not the first time in just 2 months that this happened. A month ago also it reached to 2.8k then dropped until 2.1k. this are just the dumps so that they could recover the sold coins then go increase again. Probably to maintain the stability of btc around the web. And to give more investors to buy more btc at a low price. So i guess this is just a normal routine for the btc, so there is no need for panic.
It's the perfect time to buy bitcoins because most probably, its value will increase. That way, you will be able to gain profit and earn more. You just have to be patient cause it will take some time
Don't panic. Take this as an opportunity to buy more bitcoin. Bitcoin is really volatile so it will rise again soon
No, This scenario is already happening in the past few days, the recurrence of this phenomenon is common to me, and im sure it will bounce back, Don't panic, somebody are eager to get the opportunity while the price are very low.) Be patient:)
For me, you should not panic and sell all your bitcoin even bitcoin is falling. In the early years of bitcoin the price also drops down, and most of the people and investors or traders sell their bitcoin because some issue and reason happen, but after 2-3 years bitcoin’s amount rapidly increases and now their effective rate increase at 80%- 100%. 
That is the opportunity for the cryptocurrency market to develop. Don't worry.
do not be a coward, this is not the time for that, now is the time to panic to buy as much, this will greatly benefit you in the future
I still hold the bitcoin and do not feel panic to sell it
I still hold the bitcoin and do not feel panic to sell it
Most people who panic are those who are new in trading. I think most of us experienced this panic when we are noobs. I myself panic almost every dip when i was new. But experience and a believer on what bitcoin can do makes me more confident on holding. Lack of research will cause panic. If you have full knowledge of what bitcoin is, then it will not make you panic.
Yes, only experience that makes people do not panic. if they know, actual cycle bitcoin annually almost the same. always down and up. But behind the decrease in normally, it will rise very high. We can see in every early year, bitcoin has always experienced a decline, but the next few months ultimately rise very high. so don't ever panic, because bitcoin is long term, not short term.
Most people who panic are those who are new in trading. I think most of us experienced this panic when we are noobs. I myself panic almost every dip when i was new. But experience and a believer on what bitcoin can do makes me more confident on holding. Lack of research will cause panic. If you have full knowledge of what bitcoin is, then it will not make you panic.
Itcoin users but today you see that they pay you small becuse that company has campaigns to work on for us users to have more jobs when it comes in a signature campaign. The digital currency is very prone to volatility and this is one of its features. It is necessary to get used to this.
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.
We need to control our emotions to avoid doing wrong move, just always remember that it is normal if the price of bitcoin is going down or up, the most important is we know how to hold bitcoin. Jump to: