Topic: Bitcoin is Falling...Is it Panic Time? - page 95. (Read 34150 times)
I am holding into my bitcoins. I will still keep them because I believe that its price will still goes up. It is only your friend's prediction and it not happened right now. Though I panicked last week upon seeing bitcoin price dropped but still I hold into it. And yes, slowly it goes up again.
Don't panic just let the others panic in the market so we can have opportunity to buy a lot of cheap bitcoins in the market because the only thing that makes them panic is lack of knowledge and if you know that you have a lot of that then don't worry for the dumping situation the right mindset for that falling scenario of bitcoin is just to buy at dips and continue holding.
It's not a good idea to buy right now, because bitcoin has just risen from the low of this month of around $2300.
Currently is sitting at $2550. Now that's a half decent price, i think that the normal price level for bitcoin right now is probbaly $2500. When we couldn't break that $3000 barrier a lot of people panicked, causing the dump in price. And rightly so, because bitcoin at $2900 was bound to collapse some day.
What i foresee happening though is that bitcoin is probably going to overadjust further before going up in value again. This always happens when a price correction is coming in. When that happens, load up in cheap coins. But yes - why panic?
That's the whole point of these large -ve changes in crypto, to shake off qeak hands and to get those bitcoins from them for leverage and more profit. If you have been in bitcoins for a long time, you will notice that the patterns are always like this: big price dump followed by a surging rally.
Now at $2560. Last dump lasted for a week.
Now at $2560. Last dump lasted for a week.
IMO the bear market is probably going to last another week or two before the price stabilizes. Right now though it seems like the price is going back up again which is really quite strange. Maybe the floor is just set in stone at around $2500 and if it ever touches $2500 it'll just rebound back up again. But I think what is likely to happen is bitcoin is going to go down to $2.2k as the lowest in the next few weeks before rebounding.
No need to panic at all, because if it ever does crash down to $2k it'll rebound up instantaneously for sure. So you've got quite a nice investment opportunity here actually, being able to buy at the low and wait for additional pumps.
That's the whole point of these large -ve changes in crypto, to shake off qeak hands and to get those bitcoins from them for leverage and more profit. If you have been in bitcoins for a long time, you will notice that the patterns are always like this: big price dump followed by a surging rally.
Now at $2560. Last dump lasted for a week.
Now at $2560. Last dump lasted for a week.
Don't panic just let the others panic in the market so we can have opportunity to buy a lot of cheap bitcoins in the market because the only thing that makes them panic is lack of knowledge and if you know that you have a lot of that then don't worry for the dumping situation the right mindset for that falling scenario of bitcoin is just to buy at dips and continue holding.
Panic time? I don't think we need to panic. The price rise and fall, that's normal, isn't it? It doesn't mean that if the price fell today, it won't rise anymore. Panic will just lead to losses imo that's why I don't have plans of selling my BTC nor exchange it to other coins.
The price is actually slowly creeping back up to where it was. Now the price is at 2500+ again. You are right, panic will just lead to loses. I think those who panicked came back to their senses and now buying back.
That sounds right especially when the price seems to be recovering so quickly, however this does not mean that someone should trust that situation for just that, I say it's just to avoid surprises of some kind.
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?
Of course I will not panic with the declining market price I will stick to bitcoin because bitcoin has a good future.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?
Only the panic that makes the price of coins can decline so they always rush to sell their coins because with the decline in market prices so great.
For me, Im still HODL my bitcoin even I bought it at expensive rate I would still HODL. I dont panic because I believe I can earn profit in the coming months and years. HODL is my choice.!
Same thing with me this is the best thing we can do about our bitcoin, to hold it for long period of time because i believe in the future of bitcoin even if the price of it fell down sometimes i know it will bounce back higher and create new ath.
For me, Im still HODL my bitcoin even I bought it at expensive rate I would still HODL. I dont panic because I believe I can earn profit in the coming months and years. HODL is my choice.!
Same thing with me this is the best thing we can do about our bitcoin, to hold it for long period of time because i believe in the future of bitcoin even if the price of it fell down sometimes i know it will bounce back higher and create new ath.
For me, Im still HODL my bitcoin even I bought it at expensive rate I would still HODL. I dont panic because I believe I can earn profit in the coming months and years. HODL is my choice.!
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 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?
Is it panic time? Probably no. It's not a good idea to panic anyways, it won't make you any richer or safer.
The support for bitcoin is actually quite strong, the floor is pretty much set in stone at $2000. Just think of it this way - the worst that's going to happen in your investment in say, 6 months, is that you lose $500 per coin. That's the worst case scenario, because bitcoin price could go up, it could stay the same, or it could drop some but not much.
If you don't feel safe taking the risk, which i think is a good risk to take, then sell off 80% of your bitcoins. Keep 20% for when the price rises in the future, so at least you have something to liquidate and feel good about
I don't think that a fall in price of Bitcoin is a very big reason to panic as such pumps and dumps are common in cryptocurrencies. I think that Bitcoin's price will be around 3000$ again in a week's time.
If people do not panic the whales who staged this provocation will lose their bitcoins. They will buy just a simple user and whales to share their savings. I like this prospect. Those who panicked in these situations simply does not believe in the future of bitcoin. 
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 $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Panic selling is the one that you should not do in the trading of bitcoins, because if you are experience trader you should know that no matter dump that will happen in the bitcoin it will go up and surpass the record that it make because bitcoin is supply demand based so basically if you are going to panic sell you will regret it later. I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I don't think that a fall in price of Bitcoin is a very big reason to panic as such pumps and dumps are common in cryptocurrencies. I think that Bitcoin's price will be around 3000$ again in a week's 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?
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?
And 30 hours later, it's currently sitting at $2555 apiece. Congratulations for those who have made a pretty good short term profit from this.
I think that the floor is definitely $2200-2300 right now. There is no way that bitcoin was going to go lower than that in the next month or so, or at least until the UASF. This means that it is quite a safe investment as anyone that is buying in now isn't going to experience losses that are larger than $200 or so. And if you just hold onto your coins there is a possibility that after the potential hard fork the price of the original bitcoin(say bitcoin unlimited + bitcoin core = original bitcoin) will actually go up. So easy profits either way.
There is absolutely no need to panic. The price is actually quite stable, and fluctuations are less than when the pump was happening. It's quite funny how human emotions work. When the pump happens and bitcoin value is changing every minute nobody was panicking, but just as bitcoin corrects and is moving $50 a day everyone screams and panic sells.
Bitcoin is so stable for now if bitcoin price down i think just a little bit only and not drop for big crash. Its panic time if you see bitcoin that goes down in a single day and the price drop into big amount.
If bitcoin falling don't panic i think that is the best time you to buy and keep it for a long term.
If bitcoin falling don't panic i think that is the best time you to buy and keep it for a long term.
Hopefully it will not drop so much after august 1, but for now theres no need for panic selling its about to accumulate more so you can have large amount of btc in the future. the price of bitcoin will continue to pump for the next years.
Bitcoin is so stable for now if bitcoin price down i think just a little bit only and not drop for big crash. Its panic time if you see bitcoin that goes down in a single day and the price drop into big amount.
If bitcoin falling don't panic i think that is the best time you to buy and keep it for a long term.
If bitcoin falling don't panic i think that is the best time you to buy and keep it for a long term.
I am keeping all the trust I could over the bitcoin only. I know the time when bitcoin came down and again rose to better prices in the past. This has happened many times so I believe it is just trend of bitcoin to go down and come up again. We should take this as an opportunity because whenever bitcoin goes down in the value we can own more bitcoin to secure our future profits. And I just love it. :-)
Yes keep in trusting bitcoin. It may fluctuates sometimes but still it will go higher. Dont do panic selling as long as you believes that bitcoin can help you survive life. You may regret selling too early because you will get a little profit or a no profit at all.
I am keeping all the trust I could over the bitcoin only. I know the time when bitcoin came down and again rose to better prices in the past. This has happened many times so I believe it is just trend of bitcoin to go down and come up again. We should take this as an opportunity because whenever bitcoin goes down in the value we can own more bitcoin to secure our future profits. And I just love it. :-)
Bitcoin dump last few days at 2100 dollars and I think to those people buy that anmount they can earn profit. I see any reason to sell our bitcoin because even the price dump it will recover again after few days for sure because if many people see bitcoin dump they decided to buy more bitcoin.
If we can see the opportunity, we can actually get a lot of profit from bitcoin price reductions, because bitcoin is able to make price fluctuations in the range of about $100-200, I'm sure the speculators are enjoying this, they tighten the belt in slow market movements, but It turns out for other traders this is when selling bitcoin in a panic, that's not true.
Jump to: