Bitcoin is Falling...Is it Panic Time? - page 60.

Oggy Pogi

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Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Despite of the price drop that happens every now and then, I am still prefer to hold into my Bitcoin earnings rather than transferring it into another currency because I have already learned my mistake from the past when I got panic thw first time have encountered the great price drop wherein I have dropped into the decision of transferring all of my bitcoin earnings into out national currency to at least save my remaining earnings but when the price turns back into normal, the value of my bitcoin got much even more lower and I really regret of getting panic because of that so whatever happens, I will still hold into ky bitcoin and will never do the same thing again. I will just look into the bright side of it wherein I can be able to buy some bitcoin when its price is on dump.

alexsandria

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Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

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.

Mr.Ancto

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Quote from: CroDam on September 25, 2017, 05:17:07 PM

Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

I agree, it is not a panic time you need to buy bitcoins when the price is falling actually. You can make money that way. I knew that if bitcoin would fall hard it would always go up.

I didn't have the money to invest if i had i had surely invested in Bitcoin. I would sell them when bitcoin hits 4900 dollars again so you could make money for nothing.

gabmen

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Quote from: Mr.Ancto on September 26, 2017, 03:12:43 AM

Quote from: CroDam on September 25, 2017, 05:17:07 PM

Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

I agree, it is not a panic time you need to buy bitcoins when the price is falling actually. You can make money that way. I knew that if bitcoin would fall hard it would always go up.

I didn't have the money to invest if i had i had surely invested in Bitcoin. I would sell them when bitcoin hits 4900 dollars again so you could make money for nothing.

There isn't much to panic about as whenever there's a drop in valie, it always go up and recover. Panic will cost you a lot so next time think beyond the current happening if there's a drop. Take advantage of that negative fluctuation

Monnt

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Quote from: mustakforum on September 23, 2017, 11:38:02 PM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

I am not worried even though the price will drop dramatically, I would be worried if the price would rise again.

I don’t understand your phenomena about the price. I think there is nothing to be surprised with the rising price. It will be automatically rising now because more and more people ae investing in bitcoin with the passage of time and on the other hand the big companies and markets throughout the world have started accepting bitcoin as their payments. Don’t be panic with the low price it is normal.

Sand King

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Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Actually bitcoin price drop is just normal and it also happens with other type of cryptocurrency. Although the price dump is alarming, you must still hold into your bitcoin because it just take a short span of time to see that the price will soon rise again. You just need to believe and decrease your doubt about bitcoin's capability and capacity of bitcoin to regain its loss because it happens many times since bitcoin was officially established.

megynacuna

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Quote from: CroDam on September 25, 2017, 05:17:07 PM

Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

I don't know where the hatred for Bitcoin's downfall is coming from but it's just absurd because bitcoin will never go down as they do wish . It took a tumble due to a he negative news circulating around but it's gradually recovering.

devil jin

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Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

Although the price drop is really alarming and can cause you into panic, we must still remain calm because the dropping of the price is just normal on the first place and does not imply to be a permanent scenario. The rising and dropping of the price is just a normal scenario that happens not just on the price rate of bitcoin but also with the other existing currencies across the world. Even though it was dropping too fast, we must still look at it at the brighter sife because this will be a perfect time to buy our bitcoins and wait until the price pumps again and gain our profit.

CroDam

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Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

Pumapipa

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I think one should not easily panic because of the movement with the price of Bitcoin. Please take into consideration, that bitcoin is like any other currencies or paper money fiat but on an electronic platform. Anything that you will put in like a stock will be moving like a stock. The movements will always be based on different factors. Even paper money stock karket value can eventually spike or will be on an all time low. It is just a matter of studying and riding with the trend.

Kevondo

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Quote from: ngacengan on September 21, 2017, 07:08:33 AM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

panic? it is a very fatal mistake for bitcoin players, it should be and the most appropriate when bitcoin is crushed down is buy it at the bottom point of resistance because the bitcoin is not likely to go down but more to always increase, everyone in the world is very fond of bitcoin, they will buy bitcoin as much as possible if the price falls.

The bitcoin keep on falling and rising but it does not mean one should think about selling bitcoin. The price of the bitcoin is down then it could be the time to buy bitcoin instead of selling your present bitcoin and suffering from loss. The price of the bitcoin will increase again as the people around us will buy bitcoin and will invest in bitcoin so the price of the bitcoin will go high after some time. So hold your bitcoin and wait for some more time.

YGM

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As bitcoins value is volatile in nature so it is common. Thus it is not a panic time. Just hold them and sell it when high again.

Best Dreams

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Quote from: ngacengan on September 21, 2017, 07:08:33 AM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

panic? it is a very fatal mistake for bitcoin players, it should be and the most appropriate when bitcoin is crushed down is buy it at the bottom point of resistance because the bitcoin is not likely to go down but more to always increase, everyone in the world is very fond of bitcoin, they will buy bitcoin as much as possible if the price falls.

Yes its true it’s a part of game if you can take advantage for his right time then you must also be a part of his bad time also so no need to make panic because it will never help you just need to be relax and wait for his high price.

mel0924

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Quote from: HashieNewb on June 15, 2017, 11:09:52 PM

Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

I am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat.

I will just hold my bitcoins because I am pretty sure that the price will go higher in the future and holding it has made me have a brighter future. Bitcoin price is unpredictable but in the coming years its price will be higher and getting higher so we must hold bitcoins as much as possible.

mustakforum

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Quote from: iamTom123 on June 15, 2017, 10:33:33 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?

I am not worried even though the price will drop dramatically, I would be worried if the price would rise again.

fiulpro

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The value of a cryptocurrency is directly linked to the demands of the people and its popularity... And off course fhe present economy ofthe country I would (if I had btc) would have... Kept them to myself... And waited for them to rise again because this is temporary it will be back to.... Its value again...also... I think its the right time to buy it...
Bitcoins are most popular and... The first cryptocurrency people will invest here rather than goin somewhere else.

ap3311

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Quote from: haroldtee on September 23, 2017, 01:08:07 PM

Quote from: ap3311 on September 23, 2017, 07:44:17 AM

it is time to make money, not panic time for those who know what it is and what kind of games it is.if you can follow the bitcoin and what's going on around , you are actually very comfortable in this regard. I had close to 30 thousand dolars and in the last 2 weeks I had it up to almost 40 thousand dolars. I am not always so knowledgeable and following. then I am just following the market. I follow people. I am watching them at the general decision and I am trying to make a positive decision. but if you're definitely doing something about the economy, the last thing to do is to be panic.

OMG! If everyone can just think like this dude right here, the crypto world will be a better place. However, I personally do not want everyone to think like that anyway cause we may end up not being able to buy at dips anymore. However, thinking like this will help us grow faster in a very short period than we can imagine. panicking can never solve any problem. Afterall, our normal traditional currency can loose value, but does that mean we dump it? No!

I think this is the nature of this job: panic! People make money this way. so some will lose that the others will win. mostly I think the system is walking like this. there is no way that everyone can win at the same time.I guess in a world where no one has lost, it will be very hard for people to win something. so we should always try to be on the winning side.The real question here is this. how will we succeed this? I have shared many times before. knowledge and patience. I think this is definitely the key to making money.

haroldtee

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Quote from: ap3311 on September 23, 2017, 07:44:17 AM

it is time to make money, not panic time for those who know what it is and what kind of games it is.if you can follow the bitcoin and what's going on around , you are actually very comfortable in this regard. I had close to 30 thousand dolars and in the last 2 weeks I had it up to almost 40 thousand dolars. I am not always so knowledgeable and following. then I am just following the market. I follow people. I am watching them at the general decision and I am trying to make a positive decision. but if you're definitely doing something about the economy, the last thing to do is to be panic.

OMG! If everyone can just think like this dude right here, the crypto world will be a better place. However, I personally do not want everyone to think like that anyway cause we may end up not being able to buy at dips anymore. However, thinking like this will help us grow faster in a very short period than we can imagine. panicking can never solve any problem. Afterall, our normal traditional currency can loose value, but does that mean we dump it? No!

ap3311

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Activity: 476

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it is time to make money, not panic time for those who know what it is and what kind of games it is.if you can follow the bitcoin and what's going on around , you are actually very comfortable in this regard. I had close to 30 thousand dolars and in the last 2 weeks I had it up to almost 40 thousand dolars. I am not always so knowledgeable and following. then I am just following the market. I follow people. I am watching them at the general decision and I am trying to make a positive decision. but if you're definitely doing something about the economy, the last thing to do is to be panic.

appleffi

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I also noticed the bitcoin fall these past few days, but it is now recovering and returns its price. I think this is a normal thing in the market that depends on the economic status, the rise and the fall will always be there and as time goes by we all hope that it moves in a way that it benefits most of the people who believed in investing with bitcoin.

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