Bitcoin is Falling...Is it Panic Time? - page 51.

Ingoats

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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?

Bitcoin is volatile and we should all be aware of that. We should accept that its market value will oftenly change since it is volatile such that its market value will sometimes fall. But the right and best thing to do is to hold and invest whenever the price is falling because as it happen a lot of times, it will eventually increase.

Casdinyard

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Quote from: Raefven on November 06, 2017, 05:57:06 AM

I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.

There should be NO TIME FOR PANIC, not now or even tomorrow as we shouldn't feel that or else you'll just end up losing. As trader we should be used to it as fluctuation is all usual in a currency and we always see the repetition of events in cryptos. When it dumps sooner or later it will pump and the one's who sold while in dips are the one who are losers in the end.

weblouartisan

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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.

cheann20

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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?

For me i don't worry even if it fall, no need for panic selling because its been proven before, price will drop then it will rise again, so we dont need to panic. Bitcoin value is not stable, so if you scared and panic stop your doing now to earn bitcoin.

Mr.john

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Quote from: Chekh0vFun on November 07, 2017, 12:51:05 PM

I think you don't need to panic with bitcoin costs .. down and up, that is normal. You should pay attention towards the information about the falling bitcoin .. it will make you stress .. you must be positive bitcoin will return to normal stage and price will increase. if you take a look at bitcoin costs from year to year usually notice a substantial change and up until now .. perhaps if you invest in the last year .. now you become rich with bitcoin you.

Well, your opinion is true. Don't make panic when having something wrong in bitcoin, and those happening in bitcoin is normal only, so just we need to become relax and make comfortable ourselves, because everything is under control and always remember that all problems are having there specific solutions. For example, if the situation that bitcoin will goes down don't be affraid about it, it is just normal to happen, so we need to become think positive and don't make pressure into ourselves that will turn to panic.

Chekh0vFun

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I think you don't need to panic with bitcoin costs .. down and up, that is normal. You should pay attention towards the information about the falling bitcoin .. it will make you stress .. you must be positive bitcoin will return to normal stage and price will increase. if you take a look at bitcoin costs from year to year usually notice a substantial change and up until now .. perhaps if you invest in the last year .. now you become rich with bitcoin you.

FairChine

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Bitcoin slipping its worth doesn't mean you need to panic or transfer to other coins. You can look at the wedding as an opportunity to buy bitcoins

megynacuna

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Quote from: NS-Soul on October 19, 2017, 10:32:58 AM

Quote from: fireblond on October 19, 2017, 08:49:05 AM

Thats the thing about bitcoin drops It has that snowball effect and everyone panic sells in fear.. which is clearly not the right thing to do IMO as long as you believe in btc then HODL

Yes, but your cue word is as you believe in btc by which not all people who have bitcoins truly believe in bitcoins and know it deeply more than they panic sell.

I thought panic selling is a thing of the past but it seem there are some people who doesn't just listen and will do anything they feel despite being cautioned. Bitcoin has always recovered o matter the tumble and so need we have to tell you to hold and don't panic and sell in such a circumstance?

tirthraj

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Quote from: Raefven on November 06, 2017, 05:57:06 AM

I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.

Absolutely right. now the price of 1 Bitcoin is 7310 $. It comes Up From 2800$ to 7300$ in a week i think it got 2000$ hike. Now i think it will touch 10k .because out of 2.1 million only 0.4 million bitcoin is remaining rest is in the market .
so nice time don't be panic Bro . but its upto them whoever doing trading.
Have a great day ahead.

Raefven

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I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.

casetteplaya

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I propose that panic will be. But now we don't have any reason about that. To the end of 2017. In the future It may be linked with economic cycles and of course with the baning of mining of bitcoin in China.

Finestream

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Quote from: Kurokonobasuke on November 06, 2017, 05:08:07 AM

Whenever the market value is falling, we should not panic and we should hold into our Bitcoin more. Also if possible, it is better to buy more Bitcoin and invest to it when its price is low because surely, it will eventually increase and this have been proven many times. Again, the best thing to do is to hold and invest.

Absolutely, we should be smart enough to take advantage on the actions of the weak hands, when we buy at the price dump we can easily dispose it with a profit. We have investment for long term and short term so we can make profit anytime, long term is very risky as we do not see what the future would bring but this short term trade gives us an opportunity to buy at dip and sell when the price is at peak, like in the situation now.

Kurokonobasuke

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Whenever the market value is falling, we should not panic and we should hold into our Bitcoin more. Also if possible, it is better to buy more Bitcoin and invest to it when its price is low because surely, it will eventually increase and this have been proven many times. Again, the best thing to do is to hold and invest.

Black Angel

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Remember that bitcoin prices will always fluctuate, this is because bitcoin is decentralized and used by many users, sometimes they buy and sometimes they sell so when that sells more then the price will go down, I suggest not to panic because the price will soon improve.

dmbragin

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Bitcoin is the best out there and if it would drop (but i doubt it would), other cryptos would comply with and it will sign the stop of cryptocurrency. And If you could see the development, although fluctuating, the trend is nevertheless up so no need to have to stress and get rid of prospective funds in vain.

CoolSkeleton

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if bitcoin falling it is good time to buy it. it fall down many times and then it rise even higher then was)

ruslanv

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Now there is no reason for panic simply because bitcoin is commencing to develop rapidly, but there are even now attainable cost reductions. This is his attribute of the growth and growth of costs.

Vaculin

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Quote from: Bitcoinjheta on October 21, 2017, 09:11:48 AM

Quote from: Mrsmants on October 21, 2017, 07:09:09 AM

According to what I have noticed and learned about Bitcoins, the a lot more it falls the a lot more it tends to get better.In lieu of panicking throughout the time of a dump or whatever you get in touch with it "a bubble burst", I feel marketing is not an option but closing your windows/tabs and quit viewing is the very best factor that I always prefer to do since panic will constantly make you just take the wrong determination and you will regret in the foreseeable future. It really is great to wait than going incorrect due to hastiness.

I think you never make panic when the bitcoin is falling because it is part of market exchange that the price are volatile. The best thing that you can when the prices are falling is you should hold for the mean time. While waiting for the right time to increase the exchange value of bitcoin.

It's the best time to buy bitcoin at its low price and hold it for quite some time.No need to panic because every now and then bitcoin price is moving and as what i observed,after price drop off,it will again continue to rise until it will touch the height.So just relax and keep calm.Everything will be in good place right after drop-off.

btcprospecter

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Never panic with bitcoin unless it seriously drops I hope the op didn't sell expecially where the price is now. Hold and wait till you will be happy to walk away with an amount that you won't regret selling for.

Bitcoinjheta

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Quote from: Mrsmants on October 21, 2017, 07:09:09 AM

According to what I have noticed and learned about Bitcoins, the a lot more it falls the a lot more it tends to get better.In lieu of panicking throughout the time of a dump or whatever you get in touch with it "a bubble burst", I feel marketing is not an option but closing your windows/tabs and quit viewing is the very best factor that I always prefer to do since panic will constantly make you just take the wrong determination and you will regret in the foreseeable future. It really is great to wait than going incorrect due to hastiness.

I think you never make panic when the bitcoin is falling because it is part of market exchange that the price are volatile. The best thing that you can when the prices are falling is you should hold for the mean time. While waiting for the right time to increase the exchange value of bitcoin.

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