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Topic: Bitcoin is Falling...Is it Panic Time? - page 85. (Read 34150 times)

sr. member
Activity: 1148
Merit: 300
When the price grows or remains stable, is easy to keep calm, but when the price falls sharply, we are seeing panic. Is the ability to earn for the whales. The more they will buy bitcoin the easier it will be to destabilize the market. You have to be always ready for it.
yes i agree on you i think this is a great oppodtunity to buy bitcoin when it is falling because it has a low value  and a low price on the case of falling .and we dont  need to panic on it.it is a chance to make a profit in investing on the low price and sale it when its price is rise .so we need to get ready anytime.on this situation.we must hold our bitcoin not to be panic and wait for the rigth time..
full member
Activity: 392
Merit: 137
When the price grows or remains stable, is easy to keep calm, but when the price falls sharply, we are seeing panic. Is the ability to earn for the whales. The more they will buy bitcoin the easier it will be to destabilize the market. You have to be always ready for it.
legendary
Activity: 2576
Merit: 1655
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.


True. Just hold on your coins right now. No need to panic as we are smooth sailing and will eventually get a good price after Aug 1. There are a lot of speculation regarding the price, but I believed that we will reach new ATH, which means above $3000 is the projected price of bitcoin. So we need not to be nervous and just focus on earning more bitcoin because the future of bitcoin really looks bright so just stay cool and stay tune.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
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.
sr. member
Activity: 798
Merit: 268
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.
sr. member
Activity: 672
Merit: 253
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Bitcoin prices are commonly down and not for long will increase. I think experience makes us not to panic in storing bitcoin that we have. So I do not think the problem is at a price that is unstable. But on security when we store bitcoins. I think if there is any doubt about yourself as well as you immediately transfer the bitcoin you have by swapping it into real money. It seems like a safe step to be made. Especially with an issue that says about disunity. Although there has been no visible impact. But we still have to be careful. Do not let the bitcoin we save will incur losses. So at this time it's not a price issue that makes panic. But more than the level of security
sr. member
Activity: 798
Merit: 268
Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.

I agree, this is a great time to accumulate more bitcoin, buy when others are afraid to. People panic maybe because they want to secure their profit but for me i will still my bitcoin because i know it will up eventually and the future is really great with bitcoin.
sr. member
Activity: 476
Merit: 250
Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.
Instead I think that this is the right time to buy more. Just as the previous cycles bought in the $ 2500 price then sell for $ 2600. Although the benefits are few but if you do it repeatedly. Of course the profits will be greater right ?
newbie
Activity: 5
Merit: 0
Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.
hero member
Activity: 615
Merit: 500
We need the panic, because in the panic there are multiples of benefits. A saying goes to buy cheap/low price and sell when the price rises/high. Because whatever it is, we need the panic, without panic buying and selling Bitcoin will not be exciting. Cheers ...
member
Activity: 83
Merit: 10
Now is not the right time to panic, maybe I will panic if bitcoin falls below $2000. So far I think the bitcoin price can still be said to be stable at $2000 exactly at $2500 and we just have to hold bitcoin because maybe in july we can see bitcoin price is at $3000.


Let's wait and see
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Now is not the right time to panic, maybe I will panic if bitcoin falls below $2000. So far I think the bitcoin price can still be said to be stable at $2000 exactly at $2500 and we just have to hold bitcoin because maybe in july we can see bitcoin price is at $3000.
full member
Activity: 254
Merit: 100
Panic Selling is just for the people who have weak hands, so if you see bitcoin falling then it's your chance to buy more and wait for it to skyrocket again.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.

Indeed. Same here. And i also would take advantage of buying btcs during these drop times instead of selling. With btc, positive outweighs the negative so when the price of btc drops, much much better to add up tonthe ones i'm holding. I have high hopes hat this strategy would someday reap big rewards in a few years
Just always buy at the dips of the prices of different cryptocurrencies aside from bitcoin because that how the winners do they just buy when there is a panic of people just keep selling their coin and they just laughing to those people because they know that the price will recover and after that recovery they will earn massive amount of profits which is a very simple to understand, buy when people are in fear of jumping in and just sell then are too greedy because of fear of missing out.
hero member
Activity: 1246
Merit: 529
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Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.

Indeed. Same here. And i also would take advantage of buying btcs during these drop times instead of selling. With btc, positive outweighs the negative so when the price of btc drops, much much better to add up tonthe ones i'm holding. I have high hopes hat this strategy would someday reap big rewards in a few years
hero member
Activity: 686
Merit: 500
Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.
legendary
Activity: 938
Merit: 1002
I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out.  AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash.  Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct.  Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.
Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.
The correction, A lot of people are forgetting about that. The bitcoin comes with volatility that will have a lot of meaning. But those are feeling panic never remember about that, But you must be realistic if the bitcoin need a lot of support for touching the new ATh in the future.
This is something that really people forget about. It simply mean to be ready for any type of uncertain situation and honestly speaking the volatility of the bitcoins is something that differentiates it from the others. At the same time it is a reason for the loss and if you keep calm and buy more at that time you make it an opportunity for you.
member
Activity: 112
Merit: 10
Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

Yes this is true, we all know that the price of bitcoin/altcoins are really volatile so what do you expect when you do trading, its up and down of the price, and i think $1,800 is too much for bitcoin to fall it might be $2,000 and surely will bounce back when it hit its support level, so theres no time for panic, just accumulate more btc and enjoy the profit later on.

Well even if it hit $1800 I still wouldn't panic, after all how many times has bitcoin been declared dead? You would think after so many years people would get the idea that its a volatile currency but its normal in such a young market.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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?
Its not new to bitcoin investors.Fluctuations in bitcoin price is a day to day routine.In fact,its the nature of a decentralized currency as there is no authority controlling its price.If we have to think of shifting to any alt due to fluctuation in bitcoin price,then it would be a worse decision since most altcoins are just pump and dump coins.
Bitcoin fluctuations is indeed a normal routine for bitcoin because like you said, it is decentralized so there is no person or organization that is in charge in maintaining the price of bitcoin so the fluctuations are expected. The only thing that we can to do that is to just buy bitcoins when there is a dump and sell it when there is pump so we can have the chance to make money. If you buy some bitcoins or any altcoins yesterday then you already made a good profits.
hero member
Activity: 952
Merit: 500
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?
Its not new to bitcoin investors.Fluctuations in bitcoin price is a day to day routine.In fact,its the nature of a decentralized currency as there is no authority controlling its price.If we have to think of shifting to any alt due to fluctuation in bitcoin price,then it would be a worse decision since most altcoins are just pump and dump coins.
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