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Topic: Bitcoin is Falling...Is it Panic Time? - page 39. (Read 34160 times)

member
Activity: 75
Merit: 10
btc
December 23, 2017, 02:15:14 PM
this happens every time in fact every year major fall of the bitcoin's price happened and every year FUDs like this are beginning to multiply to fight the price and popularity of bitcoin to the people and the market, right this december we can expect people will spend a lot of money in preparations in the holidays so also expect that money will outflow from the market and prices will downpour but not for too long because people also have money in this time of the year and want to invest it for the years to come for capital appreciation..
full member
Activity: 560
Merit: 217
December 23, 2017, 02:10:56 PM
If you panic when some coin falling. Not only bitcoin. You will sell all your shirt pretty fast. Thats how market work. Every coin can goes up and fall. Its still not real lose if you did not panic and sell it.
full member
Activity: 395
Merit: 100
December 23, 2017, 02:00:08 PM
When the price of bitcoin falls, I would say that it is best to buy more bitcoins as there is high potential for the bitcoins to increase its value ten times more than the current value of bitcoins. It is quite normal in the financial market like in normal stock and share market the value increases and then there will a slight decrease and get back to the high price same applies in the crypto market, so there is no need to panic when the price drops. As we can see from the price chart that in the current scenario bitcoin is the most valuable thing available in the financial market and nothing can beat this bitcoin and blockchain technology and so there is still high chances for the price to shoot even higher than $ 100000 as this is a good trillion dollar market.
member
Activity: 96
Merit: 10
December 23, 2017, 01:09:57 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?
My question is why we should panic if we see the price of the bitcoin is going down? We should be aware that panicking can lead us to create bad decision and eventually we will lose our money if we panicking.
member
Activity: 112
Merit: 11
December 23, 2017, 12:49:11 PM
In order for us to succeed in crypto world we all just need to be patient and keep holding. Bitcoin will soon reach $1m/coin  Grin
full member
Activity: 476
Merit: 108
December 23, 2017, 12:45:20 PM
Bitcoin's price at the moment is decreasing but it is no reason
to panic, it's normal I think that there will always be a time
For any investment or currency to go down.if that happens
Just try to hold on and wait for how it does on the coming days
or months. if It goes down try investing to other altcoins.
full member
Activity: 458
Merit: 112
December 23, 2017, 12:39:59 PM
i saw several times when bitcoin fell 20% or more in the market value, all I can see is a better future to him once that happens, coz every time bitcoin fell a rise of 2x or more is in the front of it!
member
Activity: 280
Merit: 12
Loading
December 23, 2017, 11:58:12 AM
No, Bitcoin falls I will not panic. .
Actually I will keep the spirit with high spirit and high confidence.

I believe that bitcoin will not fall too long and invest in digital currency, it may happen in exchange rates.

But most of the time, most people do not know that bitcoin is down because bitcoin prices go back to the adjustment stage, therefore people will lose more than what they will get in time.

If bitcoin falls, what people around the world will worry and some people what will be destitute with the economy of life. .

Why do we think like that, bitcoin just falls briefly. .
hero member
Activity: 966
Merit: 501
December 23, 2017, 11:52:21 AM
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.
First of all bitcoin price is not falling its going high even today I check the price of bitcoin its very high and its end of the year and its price is very high every one they are selling bitcoin to take their profit I don’t understand why people are saying bitcoin price is dropping to know about bitcoin our first job must be to check the price of bitcoin and then we can give our comments on it so it’s not true and there is no reality that bitcoin price is dropping.
No it is not the time to panic as the price of Bitcoin is very volatile and everyday it goes up and comes down.In the last eight years,Bitcoin has gained a new height and has gained a lot of popularity.It has faced many ups and downs in in this period of eight years but has grown a lot and now more and more people want to join Bitcoin and invest in it as the profit margins are very large and they receive their profits in a short period of time.
full member
Activity: 247
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Decentralized Continuous Audit&Reporting Protocol
December 23, 2017, 11:27:29 AM
It's normal that it declines because of market correction. But it's also because Christmas is coming. So many people sold their money to spend it for Christmas day. After Christmas or maybe first week of next year will be crypto party again. Smiley
newbie
Activity: 6
Merit: 0
December 23, 2017, 11:21:34 AM
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.
First of all bitcoin price is not falling its going high even today I check the price of bitcoin its very high and its end of the year and its price is very high every one they are selling bitcoin to take their profit I don’t understand why people are saying bitcoin price is dropping to know about bitcoin our first job must be to check the price of bitcoin and then we can give our comments on it so it’s not true and there is no reality that bitcoin price is dropping.
member
Activity: 308
Merit: 12
December 23, 2017, 11:20:38 AM
I also noticed that. This week was a very sad week because bitcoin's price declines... I panic and converted my botcoins into money. But i was wrong. 2hrs after that, i converted my money back to bitcoin. According to those who replied on my post, they said i should not panic . There are times that its prices decline, and thats normal but it will also increase after several months.
hero member
Activity: 1316
Merit: 502
December 23, 2017, 10:49:52 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?


 Theres no need to panic all currency got fall but it will rise soon as posible. The prediction of bitcoin is so high so no need to worries... keep calm and bitcoin Tongue
All the big trader are waiting for the chance that when the rate will be fall because when the price fall then trader start buying more and more bitcoins and then hold for the right time when the rate is again increased from the previous rate then they start selling their coins and earning money though this way.
Yeah, the price of bitcoin fell sharply is a plan created by big investors, we call them with whale nicknamed, they make the price of bitcoin decrease with the goal of accumulating more bitcoin to control the market and make more profits, many people who do not know and panic often fall into their plans, especially people with weak psychology and new people. With people who know Bitcoin in a long time, this is just a very normal plan, they have experience and they will not make mistakes, they were just surprised when the price of Bitcoin decline but panic selling is never happen to them
full member
Activity: 552
Merit: 102
December 23, 2017, 10:18:32 AM
I think it's not panic time,it's just buy & holding time. after Christmas everyone see the magic of bitcoin.but now price is some low  traders will be happy this kind of price.becouse they are know after few days latter bitcoin going to high price,so don't panic.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
December 23, 2017, 09:42:24 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 must not be. Despite of the downfall, it must not be implied that you must panic with the bitcoin price drop because yes it may be alarming in some manner but, we must look at it positively that the price drop is a blessing in disguise because the price drop means that it is now the time for buying not just bitcoin but also alternative coins because it is much easier or let us just say more affordable to avail those coins when their prices drops.
As a human being,it cant really be avoided for us to worry when bitcoins price tend to dump and seeing our folio is already on reds this is why our actions would really vary on our experience and knowledge. If you are a newbie investor they would would really end up on panicking and decide to sell off because you are afraid that it would fall even more and think off that you would able to cut loss.
member
Activity: 126
Merit: 10
December 23, 2017, 09:30:37 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 must not be. Despite of the downfall, it must not be implied that you must panic with the bitcoin price drop because yes it may be alarming in some manner but, we must look at it positively that the price drop is a blessing in disguise because the price drop means that it is now the time for buying not just bitcoin but also alternative coins because it is much easier or let us just say more affordable to avail those coins when their prices drops.
full member
Activity: 161
Merit: 101
AI SOLUTION TO VOLATILITY IN YOUR CRYPTO SAVINGS
December 23, 2017, 09:28:24 AM
Dont panic because after the christmas season it is expected the Bitcoin price to rise again. It is said that the price went down because of the christmas season because people are preparing for it and they need the money. And some earn their profit already because of the huge rise that past.
hero member
Activity: 1400
Merit: 536
December 23, 2017, 09:17:40 AM
Yesterday the panickers lost, they sold cheap Bitcoin, but everyone panicked. Only those who believed in Bitcoin did not sell Bitcoin, even there was even more space. Panic only brings damage,low panic is very normal but do not panic.
newbie
Activity: 67
Merit: 0
December 23, 2017, 02:05:30 AM
Some whales are probably panicking. You don't want to be the last one to cash out Cheesy
hero member
Activity: 3038
Merit: 634
December 23, 2017, 01:56:25 AM
People are really panicking but bitcoin falls up to 30% in a short time quite often, it is just a volatile currency. I am sure the prices will be right back to where they should be in the coming weeks and months anyway.

It's a big fall for bitcoin this time and it's like what happened in the past so history repeated itself.

But for now the price is starting to back again and moving across $14,000 from $13,000 and this is just the start of it.

Let's wait for the end of the holiday season and for sure bitcoin is going to recover from this big fall. I wonder on how many of the people here took advantage of buying bitcoin.
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