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Topic: Bitcoin is Falling...Is it Panic Time? - page 37. (Read 34150 times)

full member
Activity: 209
Merit: 100
December 26, 2017, 11:16:31 AM
Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.
I'm still holding the bitcoin in hopes it will rise again. Maybe I will buy more bitcoin when it drops. If it increases again I will earn quite big profits
member
Activity: 224
Merit: 10
December 26, 2017, 10:36:42 AM
Now bitcoin again becomes more expensive before fork on December 28. What will be on December 29 in your opinion? Should we sell bitcoin on the 28th day or will the price increase continue?
full member
Activity: 679
Merit: 102
December 26, 2017, 10:29:45 AM
no when you are pioneer of it nothings to worry about because you know when it has an increase theres always a fall but don't panic just wait when the bitcoin will rise again nothing to worry about just trust the coin that you hold and the bitcoin was trusted for a long time
member
Activity: 247
Merit: 10
December 26, 2017, 10:26:26 AM
I think is the wrong thing when we sell in a state of panic, we will regret and will not get a profit if we are selling when panicked. wait some time to sell because we will get the best price.
full member
Activity: 700
Merit: 100
December 26, 2017, 09:24:39 AM
Based on my experience with bitcoin, it is just normal that its value rises and fall. I admit i did panic one time and i regret it that i sell my coin. After a few days the value is doubled. It is unpredictable, its hard to decide when to sell but this time i'd rather keep it.
full member
Activity: 658
Merit: 106
December 26, 2017, 09:22:29 AM
There is no need for panic, if Bitcoin price is falling now it will definitely go back up in no time.

Your Newbie but you know what we need to do. Anyways, i agree with you that our bitcoin is falling now, but like you said they will go back and they continue for his growth. And i think this happen when this year 2018 comes.
full member
Activity: 382
Merit: 100
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December 26, 2017, 09:06:31 AM
No its not because when people panic the bitcoin price will be dump thats why you dont have to be panic and when people dont panic  bitcoin price will steady and when other people buy bitcoins the price will be pump and pump and it will reach the millions
There is no concept of getting panic in the lives of the ones who are billionaires today. We all need to learn the actual tactics of dealing with the situations. The best thing to do at the time of dump is not getting panic, instead it is to hold the bitcoins which you are already having. Along with it, go for buying of more number of bitcoins at low prices for having greater profit in the coming days.

hero member
Activity: 952
Merit: 503
December 26, 2017, 08:06:15 AM
In my opinion, bitcoin sometime increases and decreases but most commonly it increases. So, do not be afraid when bitcoin price fall down, that is just maybe once in a while then it increases again. No need to panic because bitcoin will always increase every time.
Even when bitcoin hit new heights, its value continues to fluctuate for a while and sometimes it even goes down a bit before it shoots to new records, those who have invested in bitcoin for a while or those who have studied the trends know all about it and therefore do not panic when it happens.
That’s a fact and all bitcoiners are aware of its nature to decrease in value before hitting a new price target and making new record in the world of crypto currencies. The best way to tackle with dumps is to buy more and more bitcoin because it is not easy to buy bitcoin during pumps.

All sagacious people buy bitcoin at cheap rates and hold them for a long time in order to have some good profit. We should also follow this strategy for good results.
full member
Activity: 143
Merit: 107
December 25, 2017, 04:09:42 PM
I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise
Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.
They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.
There is no need to make any panic because some time its price will go high and sometime its price will be slow it’s a part of business because it’s a currency and its price is related with market trade so its normal and it’s not  a  first time that it happen bitcoin change its price fast from low to high if bitcoin price drop I will not or lose I will still keep in touch with bitcoin because bitcoin  is a part of my life and it did a lot for me.
Yeah there is no need for panicking because the price is normal because it has its ups and downs and panicking is not a good idea since it will just give you either small profit or worse you will get a loss which is not acceptable for an investor like me. I am always either holding bitcoin for long term or putting them in some ICO.

The skilled users will know that it is not a panic time but the new ones will panic. Just look at the news they are telling everybody that Bitcoin is going very hard down. This will create panic between the new users.

I don't believe the news anymore about crypto i search it up myself and educate myself without the news telling me what crypto is.
member
Activity: 132
Merit: 10
December 25, 2017, 03:53:02 PM
I will always hold my bitcoin, because I'm sure the bitcoin value will return to strengthen and reach a very high value in the future.
I think the decline in bitcoin values that occur today is a fairness, where some of the investors or bitcoin holders do a lot of sales before Christmas and towards the end of this year that causes the decline in value.
so, I'd better be patient for a while until bitcoin value back high and can be a good profit for me.
full member
Activity: 353
Merit: 100
December 25, 2017, 03:14:50 PM
It is always a panic scenario when everybody start to sell, there is nothing new with this, you only need to relax and watch the price moving on GDAX, and you will see that this situation is always happen when there is fud.
sr. member
Activity: 1792
Merit: 264
December 25, 2017, 11:58:38 AM
no. do not panic. the current bitcoin price is indeed in decline but this is a natural thing to happen. because as you know that bitcoin prices are very unstable and difficult to predict. then make this time as an opportunity to invest or to buy bitcoin. I'm sure bitcoin prices will soon rise and we will get a lot of benefits if currently buy bitcoin
sr. member
Activity: 1316
Merit: 356
December 25, 2017, 10:37:34 AM
No its not the panic time. Its about the buying time because after the huge fall there is a huge comeback of bitcoin. Not only only that, I read some news that there is ATH coming in 2018. So even if in a high price we can surely gain profits in the future.
newbie
Activity: 90
Merit: 0
December 25, 2017, 10:32:55 AM
There is no need for panic, if Bitcoin price is falling now it will definitely go back up in no time.
legendary
Activity: 2044
Merit: 1008
December 25, 2017, 09:33:44 AM
Yeah.... Bitcoin is falling... for the 151th time in the past 5 years? I have been active in crypto-currency segment for the past five years. Now these dips seem monotonous and boring for me. Earlier, I used to panic. But now I mostly ignore such dips. Everyone knows that the future prospects are good and we just need to hold on to our coins.
full member
Activity: 434
Merit: 101
December 25, 2017, 09:22:17 AM
As we know that bitcoin is good and when the price rising we feel happy and when the price get fall we are feeling panic but in the broad sense it is not a panic for us the crypto currencies sometime fall and sometime rise again so don't be panic because of the fall in the price. there will be a start after every ending and the bitcoin is the evergreen currency. Now the bitcoin is falling and the reason is the celebration of the chrismas. people are withdrawing their bitcoin so supply is high in the market and as a result the price is falling.
full member
Activity: 445
Merit: 100
December 25, 2017, 08:17:15 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?
Panic selling won't give you any benefit especially in an investment. Risk which causes panic are normal on investments. Here in Bitcoin, volatility is in nature so backdrops should be always expected. Based in my experiences in Bitcoin, it is better to invest as much as possible than to sell when the value is falling becsuse eventually, it will increase.
member
Activity: 142
Merit: 10
December 25, 2017, 08:11:29 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?
Falling is best time to buy more bitcoins and keep holding your hold coins.

i only sell when find fee is high and price is maximum or before big news happens
full member
Activity: 490
Merit: 101
December 25, 2017, 06:29:39 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?

When one has come to a level of understanding of the bitcoin price fluctuations, there won't be much room for panicking. In an article I read recently, it summarized that when bitcoin  price goes down by 2steps, it bounces back like 8steps forward. And it is also key to note that Bitcoin price fall at this time is as a result of the festive timing of people needing to convert to fiat so as to have something to spend for this season. There is definitely going to be a price surge up again because a lot are still coming into the Cryptocurrency world through the bitcoins.
sr. member
Activity: 742
Merit: 252
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December 25, 2017, 06:10:10 AM
I think No, it is not a panic time but an indication that you must be ready for any investment. when bitcoin price are down to the lowest level. The lower price of btc, the best time to invest so that when the price rise you can surely earn and its called cycles it happens

People who buy expensive are panicking and now they are wondering whether to sell or wait until the price increases again.
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