Bitcoin is Falling...Is it Panic Time? - page 44.

p3ppymon

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Quote from: Opurum on November 28, 2017, 11:30:38 PM

Bitcoin past the $10k milestone today. Nothing can ever stop Bitcoin.

I am pretty sure you haven’t missed the huge pull back at 8500$. Nevertheless, I am pretty sure you have missed the opportunity to buy some more and profit from it. Nevermind, that was not the only train. More will pass by and watch out.

skillink

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Quote from: FlTZ on November 29, 2017, 12:53:25 AM

It's up to you. If you think you need some money and your money on btc will somehow go down and you think that the money your need will go down too, it is good to sell it so that you can save the amount of your hold btc. And we all know that it is natural for us to panic in btc if the value is going down because the thing we are talking is money.

True, if we need money is not wrong to take part in the wallet, because the real purpose of investment is to meet needs including sudden needs.

kuncimobil

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when bitcoin falls will be a lot of panic and sell it but in fact it is wrong because only losses will be in, it is better to be patient and wait for the price to go back

Zooplus

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Quote from: FlTZ on November 29, 2017, 12:53:25 AM

It's up to you. If you think you need some money and your money on btc will somehow go down and you think that the money your need will go down too, it is good to sell it so that you can save the amount of your hold btc. And we all know that it is natural for us to panic in btc if the value is going down because the thing we are talking is money.

The decision will always be on us, we can sell to make profit and we can sell to minimize the loses.
If we are a day traders, we are needed to do this kind of actions, otherwise we will be trap and we might wait until the price will rise again before we can sell.

fiomcorka

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Quote from: Duogembrot on November 24, 2017, 04:31:50 AM

Quote from: iamTom123 on June 15, 2017, 11:33:33 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?

no, this is not the time to panic, make the bitcoin price drop as the right place to buy bitcoin again, this is a golden opportunity.

Whatever China Ltd is an ancient history now. When it banned Bitcoin exchanges and ICOs there was a downfall in the prices of all crypto currencies. I do not know the exact reason behind its behavior but it was need of time for China. It was trying to save investors from being scammed.

However Bitcoin recovered very soon after that incident and its value skyrocketed which proved that this is an Unstoppable coin.

FlTZ

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It's up to you. If you think you need some money and your money on btc will somehow go down and you think that the money your need will go down too, it is good to sell it so that you can save the amount of your hold btc. And we all know that it is natural for us to panic in btc if the value is going down because the thing we are talking is money.

Opurum

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Just another random pre satoshi crypto freak

Bitcoin past the $10k milestone today. Nothing can ever stop Bitcoin.

fuer44

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SOL.BIOKRIPT.COM

When bitcoin is falling, there is no need to panic. definitely its value will go back up, look at the current bitcoin price. rising and falling bitcoin prices has become a natural thing right?

cherrymobile

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Quote from: iamTom123 on June 15, 2017, 11:33:33 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?

the best part of bitcoins price is when it dump so dont panic because the value of bitcoin is not stable like other currency becuase bitcoin is volatile so it is natural to all even the value of bitcoins goes down just panic if all goverments banned this bitcoin.

jpaul

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Dont be panic because the falling of bitcoin is normal so stay in bitcoin because it will rise and up again and now a days bitcoin is rising again and for me the prediction of others in bitcoin price is going to happen so stay in bitcoin and read any threads about it to know what is right to do and not and dont panic because it is normal.

skillink

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I personally will not exchange the Bitcoin I have. I will make Bitcoin an asset for the long term, although sometimes the price may go down but it will rise again.

Prettymie

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As of now bitcoin is not panic time because bitcoin are increase more population .we are now most billions as of now..we need to do is to be careful in currency so thar we can not accept the fake..

A Feeder

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It is not panic time as of today. Bitcoin has surpassed al of our expectations and it will continue to do so.

Dr.Osh

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PredX - AI-Powered Prediction Market

maybe right now, people are freaking out to buy bitcoins instead of selling them. the rising price is the real proof. well, bitcoin development is so fast, so I suppose even if the price goes down, there's still no panic going on.

richmcrich

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Quote from: Chrisjay29 on November 22, 2017, 10:48:45 AM

Quote from: iamTom123 on June 15, 2017, 11:33:33 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?

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

In the world of crypto currency especially when we talk about bitcoin, it is quite a normal thing to experience the market price of bitcoin going up and down. The best thing you do at the time when the market price of bitcoin is falling down to keep your nerves under control. You actually need to cash that opportunity in a way that you should go for buying of more number of bitcoins at that time.

superjeyy

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When Bitcoin is falling, I believe the first thing a person who owns, stores, or invests in this kind of currency should NOT do is to panic; but often times, most people ends up doing so because of losing more than what they deserve to gain. I do get that the volatile characteristic of Bitcoin can be quite frustrating at times and it can provoke a person to do something impulsive out of (maybe) fear, as well as to gain assurance that you would not experience any deficit at your part. However at circumstances like this, it is important to not panic and remember that all these events are temporary and sooner or later Bitcoin will be rising again. When Bitcoin is falling, one should not panic and be impulsive, instead just be patient and wait for time to do the work and fix the current status of Bitcoin.

ethlover128

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Quote from: Dastramus18 on November 24, 2017, 06:39:26 AM

No it is not panic time because even if it falls bitcoin will go up again that is what i like about bitcoin once it fell from 7.2k to 5k in a couple hours and the next day it was at 7.5k it has even grown more then it was before.

Well there are no more low fees now. Haha. But it is still having more good features such as its free use form. I can have it as many as I want and whenever I want. I may keep it locked like forever and still can earn big interest rate on that as compare to my banks. I can send it to any part of the world, do the payments of employee without any resistance and huddles. These are the amazing feature of bitcoin and I thank to it for the easiness.

sclmte

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Quote from: Sled on November 24, 2017, 07:13:10 AM

Quote from: cepedacharles on November 24, 2017, 06:43:40 AM

Quote from: tommierijnbout on November 22, 2017, 12:21:00 PM

The price of Bitcoin always was fallen or risen, so you have to stay calm and not let the tricky situation treat you . Train yourself staying strong before these kind of situations.

That's right, Bitcoin will be raised and will sometimes decrease. Actually we do not really panic when bitcoin drops. And all we need to be calm and do not panic because when bitcoin drops it means it will increase and it can be higher than we expect. And no one will lose us when it bitcoin comes down. We just need to panic when ban on bitcoin around the world.

If the price of bitcoin is falling down then just go and buy a lot of it because that means that it is on sale and if you are a wise buyer then you will buy on sale to save some money. Falling prices of bitcoin are just temporary and it is better to just stick with good investment strategy and do not ever do panic selling because you will just regret it at the end of the day.

Your right. If bitcoin price is falling down there is no need to panic instead its our big chance to buy more bitcoin while its price is still low. This happening is good news to all traders. Every traders wait for this kind of event to happen. Its there best chance to buy and hold bitcoin until the price will back to normal. As we all know bitcoin price is unstable. There is nothing to be afraid of, have faith in bitcoin instead. It will temporarily fall down and will recover again.

Honest Tim

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I don't think so that there is any time to get panic in any case of bitcoins. As bitcoins allow their users transaction free from fees and many more benefits. While people's have made a habit of holding bitcoins. As the reason for falling of bitcoins is that the price of bitcoin is now below mining cost for a lot of mines. Once you have mines close down, they tend to unload their stored bitcoin, which causes a chain reaction. My sense is as of 1/19, that chain reaction is over and prices have stablized.

Personally, I think that the future of bitcoin is very bright. However, that does *NOT* mean that the price of bitcoin will go up or down. Bitcoin is a very useful medium for exchange, and I think that people should invest in companies that use bitcoin, but *NOT* in bitcoin itself. So there is nothing to be panicked.

CARrency

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Quote from: Dastramus18 on November 24, 2017, 06:39:26 AM

No it is not panic time because even if it falls bitcoin will go up again that is what i like about bitcoin once it fell from 7.2k to 5k in a couple hours and the next day it was at 7.5k it has even grown more then it was before.

Yes,we must not panic but you are not giving any good reasons why we must not panic. I think the most popular reason why is people tend to take advantage the price of bitcoin.

Many people after it hits ATH every month, wants to have BTC and save them for the future, but the thing is they do not know when to buy it, so they wait for a good price to buy, and the good time is when it dumps.

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