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Topic: Bitcoin is Falling...Is it Panic Time? - page 79. (Read 34160 times)

full member
Activity: 518
Merit: 104
PUFFY FINANCE
August 19, 2017, 06:33:36 AM
Yes, it's panic time! If you feel like selling your bitcoin, sell now and buy later when the price dips more.

Thank you, sir.
full member
Activity: 336
Merit: 102
August 19, 2017, 06:25:48 AM
No cause for panic. Corrections are typical and expected (but not predictable, unfortunately). I've seen bitcoin falling from $31 to $2, in the second half of 2011. Then there was panic. Now we have Bitcoin Cash, which may partially replace bitcoin, but since I have both in roughly equal amounts, I do not worry about it too.
sr. member
Activity: 338
Merit: 250
Asura – Self Sustainable eSport ecosystem
August 19, 2017, 06:08:20 AM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs
Bitcoin is never expensive. It depends on how much bitcoin you can buy right now. Well, bitcoin at the price $4000 will be cheap when it reaches $40000. therefore, i suggest that you should invest your money in bitcoin whenever you have a chance too Wink bitcoin never abandon you and you will surely earn a huge profit from bitcoin
sr. member
Activity: 630
Merit: 272
August 19, 2017, 05:53:44 AM
Panic is the enemy of any investor. Many of the owners of bitcoins imagined themselves to be investors, but in fact are simple opportunists. They use the long-term trend of bitcoin prices to rise. At the slightest drop they panic and because of their inappropriate actions everyone suffers.
hero member
Activity: 779
Merit: 500
August 19, 2017, 05:33:03 AM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs

Thats true, as of now its too expensive to get some bitcoin and will sure correct its price and theres no need to panic because everytime bitcoin falls it will bounce back higher just make your plan on trading and for sure money will come to you.

There is no 'expensive' price of bitcoin if you are willing to enter the market. And the practice of waiting for the price to go low before buying is already a thing of the past. Look at people who have regretted not buying when the price is still $1900 and waiting for the price to go as low as $1500, in just a matter of hours, bitcoin price jump and in one day the price goes to $2900. If you are a day trader then you good to take the profits. And when you enter at $2900 which is too steep for others, then you will missed the opportunity to profit when the price hits $4500. So it really no need to wait, if you have money then buy bitcoin and stash it in your wallet.
Haha, with cryptocurrency market and Bitcoin, the definition "highest price all time" or "expensive" don't have. Because this is asset always increasing every year and depends the demand of trader on market. Still have demand high than supply the price of them still increasing up!
hero member
Activity: 2632
Merit: 833
August 19, 2017, 04:57:42 AM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs

Thats true, as of now its too expensive to get some bitcoin and will sure correct its price and theres no need to panic because everytime bitcoin falls it will bounce back higher just make your plan on trading and for sure money will come to you.

There is no 'expensive' price of bitcoin if you are willing to enter the market. And the practice of waiting for the price to go low before buying is already a thing of the past. Look at people who have regretted not buying when the price is still $1900 and waiting for the price to go as low as $1500, in just a matter of hours, bitcoin price jump and in one day the price goes to $2900. If you are a day trader then you good to take the profits. And when you enter at $2900 which is too steep for others, then you will missed the opportunity to profit when the price hits $4500. So it really no need to wait, if you have money then buy bitcoin and stash it in your wallet.
sr. member
Activity: 798
Merit: 268
August 19, 2017, 02:19:36 AM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs

Thats true, as of now its too expensive to get some bitcoin and will sure correct its price and theres no need to panic because everytime bitcoin falls it will bounce back higher just make your plan on trading and for sure money will come to you.
full member
Activity: 182
Merit: 100
Buglab.io
August 18, 2017, 05:31:32 PM
You do not panic with the decline in bitcoin prices. Bitcoin is more volatile than other coins or gold. With the number of bitcoin in the world fixed and the increasing demand for bitcoin will continue to rise. If it decreases maybe it's only temporary .. you do not panic and decide to sell your bitcoin .. do not !! You should be patient and wait for bitcoin prices will rebound and rise again. You can see significant bitcoin price changes from year to year. Many advantages if you store bitcoin.
sr. member
Activity: 475
Merit: 500
August 18, 2017, 04:37:18 PM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs
Only people panicked who think that bitcoin prices will fall cheap when from day to day bitcoin popularity level increasingly.
sr. member
Activity: 714
Merit: 250
August 18, 2017, 04:20:31 PM
It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.


For me it's not that alarming and we can see price of bitcoin depends on the actual demand and supply to those who will buy and price is really within the control of the system. All the rumors speculation may affect everybody's decisions but I am certain that after that price decrease it will rise back again due to those on queue investors will eventually buy an investments. Even were now decreased to $4000 still I am positive that it will bounce back to near $5000 for several days to come. 
sr. member
Activity: 882
Merit: 403
August 18, 2017, 03:40:35 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?

Im sticking with bitcoins. This happened a lot in the past before. Even though the prices are not the same, the events are almost identical. And i will mever let go of bitcoins just because some weak hearted dumbfcks decide to sell their bitcoins out of fear. Bitcoin will eventually correct itself day by day in time as people learn more and more about it and get enough people who really do know sht about what they are doing and can properly advice people who are clueless. So I'll still be holding bitcoins.
newbie
Activity: 54
Merit: 0
August 18, 2017, 03:17:50 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?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices  .
So instead to get panic you should make profit.

Naah it's not a deal to worry about as bitcoins value are increasing day by day so one day fall doesn't effect it overall
member
Activity: 118
Merit: 100
August 18, 2017, 02:33:47 PM
At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs
hero member
Activity: 644
Merit: 500
August 18, 2017, 01:58:38 PM
Now all of the investors here that sell all their bitcoin what happen to you? the bitcoin price is now in the highest price of its value, always remember that bitcoin will fall but it will not fail, bitcoin will increase for sure.
just a correction and nothing new about it so better to keep holding if you are not really in need of your investment don't cash it out let this correction
past by and we will see another jumped in coming days, its really better to forget about this for a while so it will be good on its value after some years
of holding.
full member
Activity: 812
Merit: 142
August 18, 2017, 01:26:57 PM
It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.

Actually people do not know much about the potential of Bitcoin so if price reached high they feel that now it will drop and they sell in a hurry . Actually now too it's a very good time to buy few Btc and altcoins as price in future will be rising too much and can get good profits too .
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
August 18, 2017, 01:26:45 PM
It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
We do not need to panic at bitcoin prices down now, though now the bitcoin price is down, bitcoin prices still have a high value of $3000 - $4000 and people do not need to panic if bitcoin prices go down because bitcoin prices still have such high value now.
As the above mate insisted there is nothing to panic about the price fluctuation happening over the network. Once after going as high as $4000+ price seems to grow in a gradual way without large scale fluctuation happening same as that happened weeks back.
sr. member
Activity: 616
Merit: 250
August 18, 2017, 01:25:58 PM
Now all of the investors here that sell all their bitcoin what happen to you? the bitcoin price is now in the highest price of its value, always remember that bitcoin will fall but it will not fail, bitcoin will increase for sure.
full member
Activity: 354
Merit: 103
sigs design service➜https://goo.gl/jhz4f8
August 18, 2017, 01:14:22 PM
It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
We do not need to panic at bitcoin prices down now, though now the bitcoin price is down, bitcoin prices still have a high value of $3000 - $4000 and people do not need to panic if bitcoin prices go down because bitcoin prices still have such high value now.
sr. member
Activity: 630
Merit: 272
August 18, 2017, 12:00:30 PM
It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
full member
Activity: 672
Merit: 144
August 18, 2017, 11:50:50 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?

Well, people don't learn about this momentum. Don't they know that falling the price value is very a common thing, then in just a small things happen on dropping value they always got panic. Look are those holders who believed into bitcoin they had strong belief unto it and now bitcoin was 4400$ dollars.

If he just hold on his bitcoin, but now it is almost doubled so you should automatically profit today. Of course when the value has fallen every one is so nervous that they panic and immediately push the sell button. However, just like what I mentioned if you learned to hold for a little longer, everyone should be taking profit by now because of the high price of bitcoin.

I already learn to control my emotions and not be affected if I see that the price is falling. I already understand that this is part of how the market operates, and the daily price swing is but normal in bitcoin and crypto space in general.
According to today's forecasts of experts, all fluctuations of the currency on the trading exchanges are temporary and still one should expect a sharp increase in bitcoin. Even today we can judge that in percentage terms, compared to last year, Bitcoin has grown several times. I thought that despite today's drop to $ 200, in the next days we will see growth again, perhaps even at $ 5,000.
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