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Topic: Bitcoin is Falling...Is it Panic Time? - page 50. (Read 34150 times)

sr. member
Activity: 1400
Merit: 273
November 10, 2017, 08:09:14 PM
This is a joke. Why? Is there such a perfect time to go panicking? Panic is a reaction that will not do any good in any kind of situation. It will only block your mind from working. That is why here in crypto world, losses and draining of investments happen because some people are weak and go emotional as soon as there is some serious dips in prices. Bitcoin falling is a time for reason to work and not for emotions.
full member
Activity: 125
Merit: 100
November 10, 2017, 07:47:14 PM
No it is not falling if you watch the price everyday you have noticed that it goes up and down up and down this has been happening for a couple of days i think because of the fork coming up it will go very high or very low.
legendary
Activity: 1120
Merit: 1000
November 10, 2017, 05:29:10 PM
If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.
Almost more than $1300 dropped in previous few days, but still we cannot consider it as panic selling, because this is not such a big drop for bitcoin and bitcoin has the potential to recover such drop in few hours, I think it is the correction that is what we were expecting. We are hopeful that very soon the price of bitcoin will recover its position, because bitcoin still have to continue increasing and we are expecting the price to cross 8000$ in next few months. Therefore the investors are still too much confident to hold their bitcoin for next few months.
full member
Activity: 182
Merit: 101
X-Block.io
November 10, 2017, 05:18:39 PM
I skipped these posts. The mongs are in complete force, it's part and parcel of trading. Only an insane person would expect a perpetual upwards trajectory.

This whole thread is evidence of that, the original post was back in June, if they had panicked and sold their bitcoin then, they would surely now be really regretting it with the price rises that have occurred in the last months. This just shows that the answer is never to panic, ride out the storm and profit.
full member
Activity: 225
Merit: 103
November 10, 2017, 05:05:57 PM
If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.


Very correctly written. Now, indeed, many have forgotten that Bitcoin is a currency. For many, it is more an investment in the future. But speaking the truth I myself want to sell bitcoin for 15 000 and maybe more. Smiley  Cheesy Cheesy
full member
Activity: 518
Merit: 103
November 10, 2017, 04:39:49 PM
If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.
sr. member
Activity: 966
Merit: 342
November 10, 2017, 03:30:03 AM
Bitcoin is falling and i think that it is panic time for some people so you should cash out if you recently brought bitcoins.
If you buyed bitcoins a long time ago then i should keep them because the value might go to 10k.
no i don,t think so because when this post was made Bitcoin was falling before but then it went to $4,300 now it is falling again but I think it will rise back up to over $5,000 before crashing as everyone wants to see it get to $5,000 therefore chances are it will happen soon.

I'm sorry, which $ are you reffering to?
According to my computer even preev.com shows $7,190 for a bitcoin.

And that's the lesson. OP started a few months ago wondering if bitcoin will ever reach $2800, you are talking about $5000 and it's still over $7000. And no, I don't think it will end there, it will go up again and again, but with sometimes a fallback.
full member
Activity: 168
Merit: 101
November 09, 2017, 01:32:11 PM
Bitcoin is falling and i think that it is panic time for some people so you should cash out if you recently brought bitcoins.
If you buyed bitcoins a long time ago then i should keep them because the value might go to 10k.
no i don,t think so because when this post was made Bitcoin was falling before but then it went to $4,300 now it is falling again but I think it will rise back up to over $5,000 before crashing as everyone wants to see it get to $5,000 therefore chances are it will happen soon.
newbie
Activity: 6
Merit: 0
November 09, 2017, 01:01:56 PM
Bitcoin is falling and i think that it is panic time for some people so you should cash out if you recently brought bitcoins.
If you buyed bitcoins a long time ago then i should keep them because the value might go to 10k.
sr. member
Activity: 742
Merit: 250
November 09, 2017, 12:59:17 PM
If bitcoin price is falling down is not a reason to panic because bitcoin price is changing in everyday, but we are hopping after a while bitcoin price will rise again and again that's like what really happened at the present, bitcoin has a good value.
Yes, I'm just like you. When the Bitcoin value there are signs of decline or it has dropped a bit, it's not a bigest problem, we should not panic about that. As you said, bitcoin price fluctuates day by day, hourly, it can increase or decrease at any time. In the past, Bitcoin has dropped to about $ 500, people think it is going to die, but now things are different, Bitcoin has grown tremendously and made a record. There are many predictions that it will increase further in the future. If it's down, do not worry, Bitcoin is likely to bounce back.
newbie
Activity: 10
Merit: 0
November 09, 2017, 12:39:18 PM
No if you also invest in altcoins you should be very happy because if bitcoin goes down other people who have invested a lot in altcoins will make huge profit and i am talking about millions of profit that is why the most people want it to go down.
full member
Activity: 238
Merit: 100
November 09, 2017, 12:07:41 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?

Firstly preev.com is always behind on what the current price is so disregard that every time in the future. I think if you are going to panic on every dip that happens you will be panicking a lot in the next few years because as bitcoin goes up bitcoin will also go down. This is natural and only part of the natural movements that bitcoin will undertake. Lets take a pill and calm down people.
newbie
Activity: 2
Merit: 0
November 09, 2017, 11:56:35 AM
I don't agree, Bitcoin is not slipping and it is not the panic time. Only a smallr modification of price but that's quite normal and expected I'd say. Few $ 100 change is not the reason behind stress selling as well as in the short time the price will recover. But now everyone ought to use the chance to purchase less expensive coins.e
member
Activity: 285
Merit: 12
November 08, 2017, 04:39:14 PM
Guys... It's an old thread check date...
Now the price is okay, it is changing a lot , but i think it will drop max to 6,5k and then go up again.
I withdraw all my BTC when it was 7,4k and now waiting for ~6,5k price to reinvest my money Smiley
full member
Activity: 868
Merit: 108
November 08, 2017, 04:34:14 PM
If bitcoin price is falling down is not a reason to panic because bitcoin price is changing in everyday, but we are hopping after a while bitcoin price will rise again and again that's like what really happened at the present, bitcoin has a good value.
full member
Activity: 644
Merit: 117
swing!
November 08, 2017, 09:32:45 AM
Seems like your speculation is not applicable anymore considering the current price of bitcoins, currently bitcoins are being moved by big hedge funds, strong players are backing and its their own decision whenever to do a massive selling that could cause panic, the market is getting matured when players are more determined to hold as the players consisted less neophyte traders compared to those days, still it's good convert some of your precious bitcoins to other digital currency for a more diversified portfolio, i wouldn't hold Bitcoin even the rally continues, you would just lose at some point if you weren't careful, but not if you have a fat btc wallet though  Roll Eyes
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 08, 2017, 08:51:59 AM
There is no need for you guys to worry about bitcoins, The will still increase in the next years to come. There are a lot of positive speculations that bitcoins will reach $10k this coming december, So just try to wait for it.
Panic situation always prevails around the bitcoin network, because nothing is promised and no user knows the real growth or about the upcoming pump or dump. Same as that mentioned above lot of positive speculations have been getting circulated all around. This positive energy will overcome the panic and leads to growth without the manipulation of big whales.
full member
Activity: 364
Merit: 100
November 08, 2017, 08:47:05 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?

yes usually when bitcoin falls a lot of people who panic and sell, in fact it is not necessary and do not worry with the price down because in trading sometimes up and sometimes down if the price does not go down then we do not have a chance to buy and be patient because the price will rise again
full member
Activity: 420
Merit: 100
November 08, 2017, 06:43:03 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 way, dont you worry my friend, bitcoins will not fall so hard. And besides even if they fall they will always come back again to the top and will a new higher value. Have not you noticed? Everytime bitcoins drops after a month it will come back again to its original price and going up a little more. So no need to panic because nothing good will happen if you do that. Do not panick selling your bitcoins also because you will missed all those money will have if bitcoins pumps and you dont want to cut off your loss thats awful.
member
Activity: 240
Merit: 10
November 08, 2017, 06:29:08 AM
Hahah this post is funny know..
Fuck it never gonna fall.
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