Bitcoin is Falling...Is it Panic Time? - page 84.

flower1024

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Quote from: gabmen on July 25, 2017, 07:21:14 AM

Quote from: hardforkcoin on July 24, 2017, 08:27:35 PM

I think the price is doing just fine lol!

Hope you bought in when it was 1,800

Panic time almost always result to regret time. As we all know niw, btc has recovered well from that brief price drop. If you panicked that time then you may have lost quite some btcs. I was able to buy when it hit just under 2k and have been reaping the rewards of that trust in bitcoin.

Yup after a big drop now the price is recovered and came to normal price. But today again it started to fall slowly I think next few days we will see a price drop in all coins again. Just check in market cap Bitcoin, and all altcoins price is falling. But don't get panic and sell your coins.

Cult

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Enter the future of gaming

Time to sell, dump it all, we are going down!

Anyone dare to predict the floor? $1800? Maybe $1600?

Are you going for cheap altcoins or BCC? Or divide by both?

gabmen

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Quote from: hardforkcoin on July 24, 2017, 08:27:35 PM

I think the price is doing just fine lol!

Hope you bought in when it was 1,800

Panic time almost always result to regret time. As we all know niw, btc has recovered well from that brief price drop. If you panicked that time then you may have lost quite some btcs. I was able to buy when it hit just under 2k and have been reaping the rewards of that trust in bitcoin.

hardforkcoin

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I think the price is doing just fine lol!

Hope you bought in when it was 1,800

DuaLipa

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Quote from: Kersh768 on July 24, 2017, 07:14:14 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 think is part of BTC's volatility. There are times where dipping occurs and there are also times of its pumps. There are people that do panic selling, there nothing wrong with that because they only want to assure the profit from their wealth. There are those who takes the advantage on those times because they know that its value will again increase, days and weeks after the dump. Still a long way for BTC. Let's just think of deflation as part of BTC's nature.

I know those panic sellers and they're only short term investors or traders. They can't be patient for making money and they sell their coins very frequently. If they wait a bit, they will make real money.

Kersh768

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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 think is part of BTC's volatility. There are times where dipping occurs and there are also times of its pumps. There are people that do panic selling, there nothing wrong with that because they only want to assure the profit from their wealth. There are those who takes the advantage on those times because they know that its value will again increase, days and weeks after the dump. Still a long way for BTC. Let's just think of deflation as part of BTC's nature.

Zicadis

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Dump it!!!

Quote from: MMA on July 24, 2017, 05:59:38 PM

Quote from: Clavulanic on July 24, 2017, 03:12:40 PM

Quote from: Webetcoins on July 24, 2017, 01:42:53 PM

Quote from: boyptc on July 23, 2017, 11:55:47 PM

Quote from: richminded on July 23, 2017, 11:39:06 PM

I dont think panic is good, as you can see the price of fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of and other alt coins as well.

well I don’t think that the time of the panic for is arrived yet you need to learn more still to get good profit just keep your save in your wallet and learn more how to enlarge your money easily and how to get good profit from because I think the price will be more high at august first and the problems of the will also be removed.

That's a very big mistake if you panic this time and as what I had observed in reality of btc price in the market, it has been very promising and surprisingly generating better profit as well. To those who did decide quickly and having panics sells from previous 2 weeks ago, they're on regrets today as price eventually rising and to be compared with a skyrocket.

i think majority of people have now become too much mature and they are not selling bitcoin in right now, in fact now they have better knowledge about the price of bitcoin and and its fluctuating nature, and therefore they are now not creating any panic to sell their bitcoin even on lost but for most of the time they try to hold their bitcoin even in panic like condition.

I have to agree we have matured greatly and are able to make informed decisions at the moment.
AFAIK panicking in any given situation has never been the best choice of action and we need to stay calm and make better judgments to avoid worsening the situation we find our selves in. Instead of panic selling we should react by holding btc then try to understand the market to avoid making losses

MMA

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Quote from: Clavulanic on July 24, 2017, 03:12:40 PM

Quote from: Webetcoins on July 24, 2017, 01:42:53 PM

Quote from: boyptc on July 23, 2017, 11:55:47 PM

Quote from: richminded on July 23, 2017, 11:39:06 PM

I dont think panic is good, as you can see the price of fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of and other alt coins as well.

well I don’t think that the time of the panic for is arrived yet you need to learn more still to get good profit just keep your save in your wallet and learn more how to enlarge your money easily and how to get good profit from because I think the price will be more high at august first and the problems of the will also be removed.

That's a very big mistake if you panic this time and as what I had observed in reality of btc price in the market, it has been very promising and surprisingly generating better profit as well. To those who did decide quickly and having panics sells from previous 2 weeks ago, they're on regrets today as price eventually rising and to be compared with a skyrocket.

i think majority of people have now become too much mature and they are not selling bitcoin in right now, in fact now they have better knowledge about the price of bitcoin and and its fluctuating nature, and therefore they are now not creating any panic to sell their bitcoin even on lost but for most of the time they try to hold their bitcoin even in panic like condition.

Clavulanic

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Quote from: Webetcoins on July 24, 2017, 01:42:53 PM

Quote from: boyptc on July 23, 2017, 11:55:47 PM

Quote from: richminded on July 23, 2017, 11:39:06 PM

I dont think panic is good, as you can see the price of bitcoin fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of bitcoin will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in bitcoin because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of bitcoin and other alt coins as well.

well I don’t think that the time of the panic for bitcoin is arrived yet you need to learn more still to get good profit just keep your bitcoin save in your wallet and learn more how to enlarge your money easily and how to get good profit from bitcoin because I think the price will be more high at august first and the problems of the bitcoin will also be removed.

That's a very big mistake if you panic this time and as what I had observed in reality of btc price in the market, it has been very promising and surprisingly generating better profit as well. To those who did decide quickly and having panics sells from previous 2 weeks ago, they're on regrets today as price eventually rising and to be compared with a skyrocket.

Lemmmy

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I think I am going to use the opportunity while it is lower to buy, wait patiently for it to grow and then sell when it's big. What do other people think of this idea?

v0rtecxz

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Quote from: romero121 on June 16, 2017, 12:01:33 AM

Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.

Yes I agree with your opinion, bitcoin prices can go down anytime whether it is now or the next day, but the price drop is reasonable because in the trade up and down its price is a normal thing, usually a person with no calculation will mature tends Experience a panic when prices start to fall drastically, and they sell to minimize losses, but precisely therein lies the loss, they do not want to wait to sell in a state of relatively stable prices, because what you do trading will not always match the predictions that have been You think,

Webetcoins

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Quote from: boyptc on July 23, 2017, 11:55:47 PM

Quote from: richminded on July 23, 2017, 11:39:06 PM

I dont think panic is good, as you can see the price of bitcoin fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of bitcoin will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in bitcoin because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of bitcoin and other alt coins as well.

well I don’t think that the time of the panic for bitcoin is arrived yet you need to learn more still to get good profit just keep your bitcoin save in your wallet and learn more how to enlarge your money easily and how to get good profit from bitcoin because I think the price will be more high at august first and the problems of the bitcoin will also be removed.

Vishnu.Reang

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Quote from: jc89 on July 24, 2017, 09:40:01 AM

When bitcoin reached its lowest at $1800 I took my chance and bought another portion. I didn't mind the issues regarding hardforks and I'm glad that I did. When the $2800 mark came I have never been excited in my life seeing those numbers in my account. It really is about how far do you take risks. And I advice you to hold on more to your bitcoins and never ever panic because btc have proven itself throughout the years and it will continue to do so.

Yes... Once the current campaign of extreme-FUD is over, Bitcoin is going to shoot up to the moon. We just needs to be patient. I know a lot of my friends, who dumped their coins recently. They are going to regret.

Omegasun

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Quote from: jc89 on July 24, 2017, 09:40:01 AM

When bitcoin reached its lowest at $1800 I took my chance and bought another portion. I didn't mind the issues regarding hardforks and I'm glad that I did. When the $2800 mark came I have never been excited in my life seeing those numbers in my account. It really is about how far do you take risks. And I advice you to hold on more to your bitcoins and never ever panic because btc have proven itself throughout the years and it will continue to do so.

It is indeed proven that when we panic there will be a point that we might regret it in the future since cryptos and bitcoin value can really grow fast. It is also proven that many user's became rich just by holding and waiting for the pumps. And make it more or grow even we were waiting for that pump. Never panic as much as possible don't sell if not needed.

jc89

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When bitcoin reached its lowest at $1800 I took my chance and bought another portion. I didn't mind the issues regarding hardforks and I'm glad that I did. When the $2800 mark came I have never been excited in my life seeing those numbers in my account. It really is about how far do you take risks. And I advice you to hold on more to your bitcoins and never ever panic because btc have proven itself throughout the years and it will continue to do so.

Mandoy

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Aurox

Quote from: Mahfeeling3 on July 04, 2017, 05:32:20 PM

Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.

Well its all thanks to BIP91 who saved bitcoin from falling in price further. Before BIP91 presented itself the price of bitcoin is actually falling it went down from 2400$ down to 1800$ but when BIP91 signals for the first time the price of bitcoin started to climb. Today you can see the price of bitcoin playing from 2600$ to 2800$. Without BIP91 everything will become a bad picture. The arrival of BIP91 is unexpected and even geniuses have sold their bitcoin to avoid risk and bought bitcoin again when BIP91 is in sight. But bitcoin loyalist have not even flinch from the price crash they just hold and buy more when it is down, they are saved by BIP91 because if this code did not appear all of them will lost a huge income.

Finestream

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Quote from: Adbitco on July 24, 2017, 06:31:08 AM

Honestly, I'm holding my bitcoins and holding them tight. I have never panic sold and I'll never do so. I have had enough patience and that pays me off as it has already in the past so my advice would be keep patience and don't panic sell. Another thing is don't ask for too many advices as the chances of you getting confused and making wrong decision which you might regret later with that are more than gaining any good out of them.

What you did is correct, never get panic if you are holding your bitcoins for long term purposes, otherwise you are just wasting your time then. Be firm with what you believe and it will increase your trust and confidence on you investment if you also have a continuous update of the market status of bitcoin and the entire crypto currencies.

Adbitco

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Honestly, I'm holding my bitcoins and holding them tight. I have never panic sold and I'll never do so. I have had enough patience and that pays me off as it has already in the past so my advice would be keep patience and don't panic sell. Another thing is don't ask for too many advices as the chances of you getting confused and making wrong decision which you might regret later with that are more than gaining any good out of them.

Dudeperfect

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I never take decisions based on the market wave because in most of the cases you end up with loss if you are going according to the next guy. I think everyone should do his own research and stay firm on his investment backed by his research as there are least chances of losing money. I have lost my 100% capital in my initial days when I used to invest based on the other's opinion.

mostkey

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Quote from: boyptc on July 23, 2017, 11:55:47 PM

Quote from: richminded on July 23, 2017, 11:39:06 PM

I dont think panic is good, as you can see the price of bitcoin fall, but after a weeks it bounce back and go even higher. so for me theres no reason to be on panic because i believe that the price of bitcoin will continue rise and hope to reach $4000 this year.

It's no time for panicking right now, we have enough time to hold and the price is good as usual. And let's have some long term plans in bitcoin because there's a lot of people who are saying that the price will be good at the end of the year. Be calm and patient which the movement of bitcoin and other alt coins as well.

Yes this is very often the case when bitcoin drops in price, if we think better, when the price drops it is a good opportunity to keep us adding the amount of bitcoin we (buy) karna at a later date bitcoin will definitely return to the high price . So we do not need to panic

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