Topic: Bitcoin is Falling...Is it Panic Time? - page 87. (Read 34150 times)
Are there still those who panic? Bitcoin will grow up, just after too fantastic growth, it should decrease a little, this is its peculiarity.
Self-fulfilling prophecies, all these questions. I suppose the momentary jumps will always create some sort of panic buys, while the corresponding dips will cause panic selling to ensue.
Loving every moment of this rollercoaster!
Loving every moment of this rollercoaster!
Do not panic if that happens, because it could be bitcoin prices will rise back quickly. Well, maybe a lot of panic if it happens, but, you have to be one of those who can withstand it
You're right. Panic time would soon be regret time when btc recovers and goes up even higher. Though i think the price you're going tonbe selling it today is still pretty decent for profits if you've been keeping btcs for a long time, the possibility of earning way more would be lost to you if you panic sell. And when btc recovers, it would be more expensive to buy that time. So just relax and don't panic as btc will eventually be more profitable in the long run
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.
Exactly it was normal that price drop and pump. Even its price drop you don't need to do panic selling. Because it was a good news. Just hold for it and it will be worth it in the end. Just know how to wait. It was proven that whenever the price dump it will pump double of its price. 
Do not panic if that happens, because it could be bitcoin prices will rise back quickly. Well, maybe a lot of panic if it happens, but, you have to be one of those who can withstand it
For me theres no need to panic because every time bitcoin fall it bounced back higher, so just keep on holding and accumulating more bitcoin for you to enjoy the benefits of it in the future, the price may correct itself but in long run it till continue to rise high.
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.
Yes, it is a common opinion about that the recent fall in the price of the bitcoin was due to some of the whales, saying it will not be wrong that it was some sort of planted dip by the whales who sold their bitcoins at high prices and now they may again have purchased on the lower prices. But it is good to see that the bitcoin recovered its price in a very less time and is still going high. 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.From the recent price fall I was just shocked that everything was absolutely fine and there was no suitable reasons for the prices to go down still the prices fall down and it really was a hard time for the small investors.
If such things kept on going with the bitcoin I am afraid that the people will lose trusting the Bitcoin. I am wish such an incident never happen in the future but who knows.
Yes, we need a lot of patience when dealing with bitcoin and other crypto's for that matter. We need to understand that bitcoin is very volatile and it can go down anytime. Most of the newcomer's in the bitcoin market don't understand it and they are really for the short term profit. That is why they panic and sell immediately if they see the price is going down.
Some people wants to do trading but forgetting the simple rule of being patience.
They must know 100% that all cryptos are volatile and yet they entered trading without that thing keep in mind. And now they will turned into having a weak hands once they saw their coins on hold are decreasing it value without realizing some of the best things to do when there is an ongoing scenario like that. Experience really builds a trader but still there are traders who are doing trades for long time but still have weak hands.
One of the traits of the people in the cryptocurrency is they are panicking if the value of the bitcoin is falling. This is very wrong. We don't need to worry about the bitcoin. Because I know bitcoin will never die.
If you start analyzing by closly watching all other markets like Forex and stock trading, you can find getting panic when prices are falling is most common across all type of trading markets. Because no one will be able to keep their coolness when their capital is getting lost. But there are traders they can take those down market also very normal just because of their experience. 
Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
Exactly bitcoin isnt depreciating a lot. This is just so normal fall of bitcoin. Bitcoin is a volatile asset and these trends of up and down are quite frequent. There is nothing to worry about. I don't understand the reason of panic among people. I hate it when people don't show patience. They dont understand the volatility. In long term bitcoin has always proven to be a profitable asset.Yes, we need a lot of patience when dealing with bitcoin and other crypto's for that matter. We need to understand that bitcoin is very volatile and it can go down anytime. Most of the newcomer's in the bitcoin market don't understand it and they are really for the short term profit. That is why they panic and sell immediately if they see the price is going down.
Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
Exactly bitcoin isnt depreciating a lot. This is just so normal fall of bitcoin. Bitcoin is a volatile asset and these trends of up and down are quite frequent. There is nothing to worry about. I don't understand the reason of panic among people. I hate it when people don't show patience. They dont understand the volatility. In long term bitcoin has always proven to be a profitable asset. 
One of the traits of the people in the cryptocurrency is they are panicking if the value of the bitcoin is falling. This is very wrong. We don't need to worry about the bitcoin. Because I know bitcoin will never die.
I think only newcomers can panic at the next drawdown of the price and sell their coins. For investors, this is only an opportunity to buy cheaper to then make a profit.
Those newbies are really the one that are being affected when the price of bitcoin dip. Then immediately panic sell off their bitcoin without knowing that the price could you high and their already missed a lot of opportunity by selling them. But for the casual investors, they don't usually panic but instead look at it at the bright side, because when the price goes down, opportunity to buy back bitcoin is already on their mind. I just hope that newbies will learn their lesson and not just push the sell button immediately, otherwise they will lose profit.
People who think like this are idiots.
"It's rising, it's the future, OMG buy!!!1"
"It's falling, this is the end, OMG sell!!!1"
Oh well. More cheap coins for me.
Honestly those newbies are thinking like that, But that is the funny part to trade in crypto if there will be a big dump by the whale to manipulate the market trend and those newbies will try to following the line. But they are not realized if already be fooled by the whale to take the more profit to life in money. "It's rising, it's the future, OMG buy!!!1"
"It's falling, this is the end, OMG sell!!!1"
Oh well. More cheap coins for me.
People who think like this are idiots.
"It's rising, it's the future, OMG buy!!!1"
"It's falling, this is the end, OMG sell!!!1"
Oh well. More cheap coins for me.
"It's rising, it's the future, OMG buy!!!1"
"It's falling, this is the end, OMG sell!!!1"
Oh well. More cheap coins for me.
I believe bitcoin has the potential to increase their value in the next years because bitcoins is a hot topic nowadays, and as more people get to know about it, it will increase it's demand, and that may make a big grow in btc value. Might not increase as much as expected, because there are some other altcoins with growth potential 
. So no, I guess its not a panic time
. So no, I guess its not a panic time 
Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.
Sadly, the price now is at $2700 so I don't think it is the good moment to buy bitcoin. I think after the Network splitting on August the price of bitcoin will be really low that everyone will be willing to invest in it. Maybe it will be going back to the it's price less than $2000 and will just get back up after it.
I think only newcomers can panic at the next drawdown of the price and sell their coins. For investors, this is only an opportunity to buy cheaper to then make a profit.
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