Bitcoin is Falling...Is it Panic Time? - page 32.

voztata

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Quote from: Lupus Solitarius on January 12, 2018, 06:26:03 AM

There is all the time a call for "panic"! Actually, bitcoin has just a normal correction after the fantastic growth of the last months.
Eventually, it's a good moment to buy, waiting for the next rise.

I don’t know why some of us keeps on panicking when prices are falling. This is a normal thing, and if you’ve been into Bitcoin for a long time you should have known that by now, cause we’ve all been seeing it, except newbies (I wouldn’t blame them, it’s their first time, so they have to be careful).

LyQaN

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bitcoin rose in last few months vigorously , so downfall was expected due to volatile nature of bitcoin. so there is no need to panic it is nature of coin and it is common thing and will remain so in future for quite a long time. I am still holding my btc and will only sell when market is bullish and on condition that i really need them . so panic sell is not a solution, every market faces up and down , you just need to focus on when you can grab the maximum profit from the given situation thinking about future consequences

YzzyGo

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Do not panic and sell! It's common for bitcoin to take a breather before going up again. Although currently ETH is catching up so maybe that's why everything is moving to there.

readygoaw

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Quote from: CornHub on January 15, 2018, 04:55:59 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 ?

I understand that Bitcoin can not grow constantly. Therefore, I do not panic when the price of Bitcoin falls. I also understand that I can lose money.

jebusmaster

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Quote from: PalindromemordnilaP on January 15, 2018, 08:43:21 AM

Yes it is very evident that bitcoin is having a hard time of pushing its market value but instead, it gradually falling down. That's the best time for investors and whales to buy bitcoin at a lower price when people are starting to push the panic sell button. I just hope that this will be the last time we will see bitcoin's market value to fall down this month.

I believe the current drop is temporary as we have already seen in the past.
And I agree it is a great time to invest. I am personally trying to keep up with it. Cannot wait until the bullish trend starts to kick in.

Betwrong

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I stand with Ukraine.

Quote from: 19dimasik77 on January 15, 2018, 03:19:17 AM

So these six months (as this post was written) showed that the drop of bitcoin is not a reason for panic. Who did not sell then $ 2,000, even now, when adjusted after the New Year are in profit.

Exactly. I was going to say the same thing. Take a look at the OP, guys:

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.
~

It was the drop from $2,800 to $2,300 and some people already started to panic sell when it was probably one of the best times to buy BTC. Don't make same mistakes again, guys. Buy while it is still low or just hold what you have, but do not sell at the low price that we have today.

PalindromemordnilaP

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Yes it is very evident that bitcoin is having a hard time of pushing its market value but instead, it gradually falling down. That's the best time for investors and whales to buy bitcoin at a lower price when people are starting to push the panic sell button. I just hope that this will be the last time we will see bitcoin's market value to fall down this month.

doycku

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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?

I recently with bitcoin, but I can say one thing, I never listen to anyone. Let others panic, I keep my bitcoin and do not worry about the consequences. I know that bitcoin will rise more than once in price.

Joy12345

newbie

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You do not need to panic. For me, i will just hold my bitcoin because no one can predict what will happen. As long as bitcoin is still functioning just hold it.
But it is always on your decision on how you decide. You can hold it and it is your choice if you transfer it.

Nylelyn

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There is nothing permanent in this world. Everything constantly changes and so is the bitcoin. We always hear that bitcoin is volatile and that is the reason for its rise and fall. This scenario of the up and down of bitcoin happens always and we always find bitcoin rise to its normal rate. It is okay to feel alarm when bitcoin dumps however, we should always learn to trust our instinct. There is no need to panic at all and do all stuff like sell your coin. Bitcoin is a strong digital currency what will prevail .

Napole0n

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It is common to happen with bitcoin, before August or the first hardfork event, almost everyone panics and sells bitcoin to fiat or divert to altcoin, but not how long then prices skyrocket and continue unstoppable until now.

seroja17

newbie

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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

CornHub

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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 ?

djablom1

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Quote from: TTITA on January 12, 2018, 02:13:16 PM

Quote from: Saidmod on January 12, 2018, 01:35:44 PM

Quote from: bitcoinmasterlord on January 12, 2018, 09:59:46 AM

Quote from: micloop on January 12, 2018, 09:08:08 AM

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Well said if the Bitcoin price is falling means it is a BUY time, not panic time. If you get panic and sell your coins, it is a loss for you but it is an advantage for others. They will get bitcoins for a low price. So whenever the price is falling just hold your coins and if you can try to buy some more coins. We will get very less opportunity to buy bitcoins at a low price.

I understand that falling price makes us quite worried about our investment but investing or trading is to overcome those kinds of fear. In bitcoin, we have that guarantee that its value will continuously go well because of the rising demand for this. Therefore, in times that its price goes fall, then we shouldn't be in panic instead take this as an opportunity to but more coins for future earning.

But this is what happens in our ecosystem, panic selling has become part of the trend when coins prices begin to fall. This is not a sign that your investment is failing or the time of correction so that the price will return again quickly. It is precisely at the time of falling price that you are given the decision to stick with your belief idea that Bitcoin is a currency that has a good future and you still believe to save it because the condition of its falling price has actually happened repeatedly, or you are not ready to face the issue FUD and temporary loss.

I agree with you panic selling is never a good option but you need to understand that people lose hope after they see the price dropping people bought it at 19k and now it is 13k for like a month they have made huge loss.

DrewAn

newbie

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No it is the time to entry trade for good, having a fix supply is good and every down is an opportunity to enter trade and buy, but be sure you are truly looking at the graph using technical indicators

yukinohana.htn

newbie

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I lost a lot these days because of Bitcoin Cry

19dimasik77

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So these six months (as this post was written) showed that the drop of bitcoin is not a reason for panic. Who did not sell then $ 2,000, even now, when adjusted after the New Year are in profit.

rose8963

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Quote from: elvinjamon on January 15, 2018, 02:31:16 AM

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?

As of now, im holding all my bitcoins right now because I know that there will come a time that bitcoin will increase in value again at a very large amount. For now, im still looking the for the volatility of other digital currencies

Do not worry too much about this because bitcoin will rise again and the fluctuation of the value of an asset is very normal, can not increase continuously or vice versa. If you have a long-term investment in bitcoin, you can choose when it's low to buy because the opportunity is coming to you.

arbelian

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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?

I had learned from my investment mistakes whe the price drops during those dates i had panic and sold my bitcoin at a lower cost now i am regreting it so much. Well that is all part of the investments gaining and loosing. I learned that i should not panic and i should control my emotions to avoid losses.

hydeevanz

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I’ll reply on this topic because it’s the issue that bitcoin is facing right now which seems that falling btc value happened again. Before the year 2018, a bitcoin price decrease and it gives us a shocking value and most of the people said that it is the end of the bitcoin while other said that it is what we called bitcoin correction and there’s nothing to worry because a correction will help the coin’s economy healthier. There is a hardfork issue before which is the reason of dropping value bitcoin and got everyone panic and made them sell their btc in just small amount of money which results of full of regrets. So if I were you, I'll hold my btc.

Topic: Bitcoin is Falling...Is it Panic Time? - page 32. (Read 34161 times)