Bitcoin is Falling...Is it Panic Time? - page 33.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: I_Like_Dogs on January 15, 2018, 01:36:38 AM

A lot of people think that dumps are just unhealthy things for bitcoin. Do not worry guys, the price will suddenly recover in a few days from now. So the best thing that you can do is just relax, it will be over at some point.

They must be new in the crypto, dump is normal because it's just a price correction and actually that is good to see a healthy market.
It will only affect those who are investing and didn't understand the entire system, if they want easy money then bitcoin is not the answer as you
need to be strong enough to hold and wait for the better price.

elvinjamon

newbie

Activity: 70

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?

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

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

Quote from: Schuyler on June 16, 2017, 01:55:46 AM

People who are panic selling would regret it if the price recovers right away. Better to just hold and wait for the price to bounce back, because bitcoin has been known to rebound nicely from dips. If someone is new to bitcoin and reacts each time the price declines, maybe that person should consider other types of investment which is not as volatile as the crypto currencies.

If bitcoin is down I will not panic and I will use it by holding it because if I sell it I will feel the loss, because when bitcoin goes up I always sell it because of high price. if the price drops it will make me think to hold and hold it until the price goes up again and my bitcoin grows as I hold it, because I'm sure bitcoin will go up again and make me get a big profit. Cheesy

I_Like_Dogs

full member

Activity: 154

Merit: 100

A lot of people think that dumps are just unhealthy things for bitcoin. Do not worry guys, the price will suddenly recover in a few days from now. So the best thing that you can do is just relax, it will be over at some point.

Robotbitcoin22

sr. member

Activity: 854

Merit: 250

Quote from: Asoe kaya on January 15, 2018, 12:04:24 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?

I think this is not just happening because bitcoin has dropped several times but in an instant it goes up again, so do not worry.

this is normal. we do not need to be too panicky. do not often open the market if you have already bought. because this only makes us worry further with the assets that we have decreased

Jingjess

full member

Activity: 336

Merit: 100

The Pure Proof-of-Tansaction [POT]

Quote from: Afnan_faizah on June 16, 2017, 03:15:06 AM

This is the right time to buy bitcoin, I think bitcoin will get mass adoption from asian countries, so the price will rise again.

Everytime bitcoin price falls,it's just a normal feeling for us to be worried about our investment.But for me,i don't need panic selling but i rather keep my bitcoin in my wallet and wait until the price goes up again.And if the low price still remains then that is the time for me to sell and maybe invest to other crypto.

Asoe kaya

newbie

Activity: 58

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?

I think this is not just happening because bitcoin has dropped several times but in an instant it goes up again, so do not worry.

shezu007

full member

Activity: 336

Merit: 121

Quote from: tayogpanganiban on January 14, 2018, 11:35:09 PM

Quote from: NS-Soul on June 16, 2017, 03:08:30 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.

I don't agree with mate saying that he mention that its main problem of BTC. Its not problem of BTC its the best quality of BTC that price is varying with time and every time is the best time for traders like if BTC price start fall then that will more happy time for trader they start buying more and more and if price start rising then they start selling. So rising and falling of price is the part of working with BTC.

tayogpanganiban

jr. member

Activity: 235

Merit: 1

The Pure Proof-of-Tansaction [POT]

Quote from: NS-Soul on June 16, 2017, 03:08:30 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.

TTITA

full member

Activity: 378

Merit: 100

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.

loalvin

newbie

Activity: 29

Merit: 0

Quote from: SpyX on January 12, 2018, 08:35:42 AM

I'm confident for the bitcoin future. Yes, bitcoin dumps, but after such a run in the end of 2017, it's perfectly logic.

Hold your bitcoin or refill, in 2 months you'll win, I'm pretty sure of that.

That is my bet as well... Still got faith on BTC growing this year

Saidmod

sr. member

Activity: 659

Merit: 250

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.

erlnd

newbie

Activity: 24

Merit: 0

What do you guys think of support lines and such in the range of 8-9k usd?

ployfit

full member

Activity: 155

Merit: 100

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.

Falling prices are to buy more bitcoin, but few people can do this because the rest sell their bitcoin as a result of this panic. This is very wrong, and I'm upset that whales are managing your emotions.

jonosutio

full member

Activity: 168

Merit: 100

no one panics about this falling bitcoin price movement, you have to learn from before its not yet when the bitcoin price falls then the new price of bitcoin will rise high after the price drop. price movements are always based on different factors even the value of paper money can soar when experiencing its lowest point. it is just a matter of learning from before and driving with its trend, do not be afraid to get the future of bitcoin together.

bitcoinmasterlord

legendary

Activity: 1148

Merit: 1006

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.

MainIbem

sr. member

Activity: 1316

Merit: 379

Fully Regulated Crypto Casino

Bitcoin is an enigma. It gives opportunity to everyone. When price comes down it is an invitation to many to buy and make gain in the next price surge.

Feduk

member

Activity: 126

Merit: 10

I heard such thing: people would sell Bitcoin only if it's cost is 200000$
So it is up to you to panic or not.

Gheka

hero member

Activity: 1526

Merit: 501

DGbet.fun - Crypto Sportsbook

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.

Exactly, buy at low prices while people panic selling, that's a good plan to get profit in the next time, a wise person will take advantage of this situation to optimize profits, this opportunity is too great, should not be wasted. The price of bitcoin will increase again, there is no panic in that situation, it just makes us make fundamental mistakes, price decreases then increases more strongly and then decreases and continues to rise more strongly, that is just a script and a normal adjustment, if we put all our belief in bitcoin, we should not doubt it, trust and never worry, good things will come

android17

member

Activity: 259

Merit: 76

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?

Maybe this is our first expression when Bitcoin price's dumps but looking to its characteristics, we will conclude that everything will be back to normal. Bitcoin is Volatile so dont panic sir, maybe you can use this opportunity to buy bitcoins because it will have a greater value in the future.
I think you had a good suggestion of transferring bitcoins into another currency but make sure that you will made your best decision regarding this scenario.

Topic: Bitcoin is Falling...Is it Panic Time? - page 33. (Read 34160 times)