Topic: Bitcoin is Falling...Is it Panic Time? - page 92. (Read 34160 times)
It's pretty much the same situation as it was before when the bitcoin went from 1300$ down to 300$ and that scenario, with a little more drastic drop, will occur quite a few times through out the next few years. So it's not the end of bitcoin or the sign of failing.
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 $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I do both. Half of my holdings are in bitcoin, then the another half is in altcoins. I'm doing that so I can buy more altcoins if it dumps and I can sell my altcoins if it pumps. I don't put in one currency only so that I can make profit if there is a hype occured in one currency. I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Panic may happen, many people worry bitcoin will fall due to hard fork, I am also worried, I do not know what to do
No bitcoin is the most valuable coin in the cryptocurrency why do people panic because they are scared that the price of bitcoin will decrease until the price of it will be a hundred dollars that would never happen, instead of selling bitcoin in this time it is better to buy more bitcoin at this time because it will benefit you in the near future.
There is surely nothing to worry about as i don't know from how many weeks you following bitcoin but when the exchange was hacked bitcoin had fell from 1200$ straight to 500$ and that time there were surely 100's who invested at that time and today we see the price at 2500$ so this surely not a joke. In couple of years peoplr will be complaining for the price to fall from 5000$ to 4500$ and you will be there just laughing
You brought the right figures to the example and said. I also agree. And I can add that today's prices for Bitcoin are very stable. What future is waiting for Bitcoin users. The fact is that panic is only a provocation and nothing more. For what it's all doing, I think and so it's understandable, Because in this way you can influence the price of Bitcoin. In extreme cases, I would also take advantage of the moment, and at a lower price on Bitcoin, you can not buy up a lot of coins.
There is surely nothing to worry about as i don't know from how many weeks you following bitcoin but when the exchange was hacked bitcoin had fell from 1200$ straight to 500$ and that time there were surely 100's who invested at that time and today we see the price at 2500$ so this surely not a joke. In couple of years peoplr will be complaining for the price to fall from 5000$ to 4500$ and you will be there just laughing
Panic may, but do not overdo it. Because panic to something as popular as bitcoin because the price is falling and then you sell it, I think you will regret in the near future because I've experienced something like this. We must stay calm and be sure bitcoin will rise again.
It's a cycle, dump and pump can really happen in btc, there's no need to panic. Since btc is still capable to pump soon like it did before. Same with it can lower the value but not as low as it is before.
Bitcoin is really volatile, as a bitcoin user you must know that. We don't need to panic with the every movement of the price of bitcoin we see, when the price dumps, we panic, when it pumps, we celebrate and being positive. Why don't we just wait if it dumps and see what might happen, we just need to be active to read some news about it, we don't need to panic.
As altcoins gain relevence, bitcoin will become somewhat less volatile in relation to fiat volatility, as the entire cryptocurrency begins to absorb that volatility and distribute it across more coin/fiat pairings.
There is no need to panic, if it is raising, that is awesome. On the other hand if it is falling, that just means it is time to buy more 
Panic may, but do not overdo it. Because panic to something as popular as bitcoin because the price is falling and then you sell it, I think you will regret in the near future because I've experienced something like this. We must stay calm and be sure bitcoin will rise again.
It's a cycle, dump and pump can really happen in btc, there's no need to panic. Since btc is still capable to pump soon like it did before. Same with it can lower the value but not as low as it is before.
Don't be a panic seller just be a long term investors because there's a big opportunities if you will hold your bitcoin for a long term because the bitcoin is for long term investment and as time pass by the bitcoin price will increase so it's better to hold and be a long term seller.
I still hold bitcoin because I believe this is just a correction and the price will soon recover, there is no reason now to do panic selling. Fluctuations are still reasonable, and since you created this thread until now the price is slowly recovering. So there is no reason to do panic selling, this will make the price worse if done. Or maybe it's better to buy, it will be more profitable.
Yes, i also believe the price of bitcoin will soon recover, panic selling only makes us lose profits and help others earn profits, if we know and learn about bitcoin for a long time, we will know that volatility is now normal. We need to believe in bitcoin, it will not be easy to collapse just because of such fluctuations. Panic selling is a very stupid thing, many people will feel regret when the price of Bitcoin rise again, and in the next increase, Bitcoin will show us the value and potential of it
Exact. China has restricted some forms of trading that were akin to gambling, trading in rubber for example, so there is a supply of money from traders, and some goes to Bitcoin.
as long as chinese people need bitcoins, there's no need to panic even if the btc is in downtrend it is just a matter of market correction, china is a big market for bitcoin in 6 months time from now btc price will pump up again. only miners and short term traders are too worry about the downtrend of btc in last couple of weeks.if you are a long term holder, let's wait for the glory days.
Panic may, but do not overdo it. Because panic to something as popular as bitcoin because the price is falling and then you sell it, I think you will regret in the near future because I've experienced something like this. We must stay calm and be sure bitcoin will rise again.
It's a cycle, dump and pump can really happen in btc, there's no need to panic. Since btc is still capable to pump soon like it did before. Same with it can lower the value but not as low as it is before.
if you have a plan to put your cash in bitcoin for long term then it is a clear case that you won't panic at all.
Panic may, but do not overdo it. Because panic to something as popular as bitcoin because the price is falling and then you sell it, I think you will regret in the near future because I've experienced something like this. We must stay calm and be sure bitcoin will rise again.
It's a cycle, dump and pump can really happen in btc, there's no need to panic. Since btc is still capable to pump soon like it did before. Same with it can lower the value but not as low as it is before.
if you have a plan to put your cash in bitcoin for long term then it is a clear case that you won't panic at all.
We don't need to panic if the price of bitcoin is fall down because if we compute their difference since 2017. I think bitcoin were doubled and if their price were fall down I think it was not large amount.
IMO, bitcoin will stay on range $ 2500 !
When the value is low enough then you may buy it otherwise hold it. I'm heard that Russia will start accepting bitcoin so there will be a bubble on bitcoin value just like a few weeks before
We don't need to panic if the price of bitcoin is fall down because if we compute their difference since 2017. I think bitcoin were doubled and if their price were fall down I think it was not large amount.
What we are seeing right now maybe is a panic sellin of some big holders or all of small holders or huge amount of exchange of bitcoin to fiat is happening right now which casues the bitcoins price to fall down
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 want to hold my bitcoin in long term. Bitcoin have proof that will fall but suddenly will rise again. I want to stick with the bitcoin. I just wanna try other coins if which is better to hold but as of now, I am satisfied in bitcoin. I earned money from bitcoin and I purchased of what I want and what I need. Panic selling because they don't have any experience of bitcoin process. It will reach $2,800 then it will $3000 in the coming months. Do you see what bitcoin can do? It can dominate the fiat currency and even other virtual coins. 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?
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