Bitcoin Price Drop, is no-one worried? - page 3.

jagdeepjd

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Quote from: sabriel on June 14, 2017, 06:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

You need to be very patient when investing in bitcoin. Bitcoin should be a long term investment ranging in years. But if you want some fast results which can result either way then you can put your money in altcoins of your choice.

dulari1

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Quote from: Agetan on June 07, 2018, 10:52:58 PM

Quote from: sobsitesearch on June 14, 2017, 06:42:12 PM

Even me im worried if the value of bitcoin decreasing, i have no investment i only earning in signature campaign but i still be worried because my income is also decreasing how come for the investors some of them do panic selling that is why they lost some opportunity when bitcoin value starts to increase again.

All people specially bitcoiners who hold bitcoin worry abput bitcoin. If bitcoin drop, the other altcoin mostly which top marketcap will get bad impact so altcoin and bitcoin holders are still the same worry to their investment. But we just can think positive everything would be fine like last year moves.

yes bitcoin holders can assure themselves that they are safe from such bearish market because altcoins may nor may not reach back to their last all time high but bitcoin have that power to push back it to above all time high . so even if dips more in coming months then nothing to worry it will recover . however altcoins holder need to invest only in best project . most of hypes alts will be disappeared from market bcoz of such dips .

dulari1

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It is market cycle , everyone can see bitcoin is dropping big from its all time high and few people also are in panic because they bought coins in bull market . even my portfolio is down more than 80% from december because of again and again dip in market , many alts dropped more than market . so we can only wait for market to recover , selling coins in cheap also will be a bad move .

AlanShlafter

newbie

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I also have investment i both bitcoin and altcoins. I'm not worried, confident with the crypto market.

Ehrakeziah

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Actually,we can't really blame those people have invested with a big capital in bitcoin,when the price goes down in the market. But,we shouldn't be panic on that situation,and decided to sell it all immediately. Bitcoin will always on this kind on market movements,but it also always be recovered usually when the year ends. Much better if keep hodling and wait for your desired price reached before you sell it.

edgycorner

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Hurrah for Karamazov!

If you are worried about such drops then you should steer away from cryptos.
The market can swing either way, it's not gonna be bullish every time.It will get bearish too, as one man's loss is another man's profit.

Yesterday it dropped to 5,800 and now its back at 6,200.Anything can happen, worrying is not gonna help you with anything.

basty03

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I think many people are worried because bitcoin is dropping continuously but if your willing to hold and you understand what crypto is i think you will not worried . Like others say invest that you can afford to lose so you can worried if the price of bitcoin will go down or up.

DaryaDancova

newbie

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As you already said, the current situation in the market is absolutely normal and now we have nothing to worry about. The market will gradually recover over time and everyone will receive their profits.

mxmunk

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Yes, I'm the only one who entered the cryptocurrency this year. I think it's a good thing, but I think it's a bad thing. After all, prices are low and continue to decline.

Klovezio

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Quote from: sabriel on June 14, 2017, 06:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

i think everyone in this forum is not worried the drop of bitcoin. The market is totally impacted by bitcoin. If we are disappointed at bitcoin, that means we shall give up total cryptocurrency market, then why we shall be here?

baricuri

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The Premier Digital Asset Management Ecosystem

No, when the BTC price is down there are a lot of people worrying, I'm one of them, I just hold some BTC but in fact when the BTC price is down I was very nervous and often see the price of them, I believe that BTC will increase again and I will sell them at $ 10000, and not hold them anymore, because they give me a lot of pressure.

xboxtwo

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nah, i'm not worried at all. Grin

rutherford

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There is nothing to worry about. Bitcoin's value will always be up and down in the market and so do the other cryptocurrencies. As long as bitcoin stays in first place, you have nothing to worry about.

hani1929

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this post is from year ago, but i will answer your question, maybe everyone is worried because of bitcoin price drop especially those who invested bitcoin in high price. but should not be worry because bitcoin will never be lose in the market. just like the past years bitcoin is in very low price and this year it hits more than $10k but now its back again to $7k. and by the end of the year it will hit again its new peak price.

Agetan

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Quote from: sobsitesearch on June 14, 2017, 06:42:12 PM

Even me im worried if the value of bitcoin decreasing, i have no investment i only earning in signature campaign but i still be worried because my income is also decreasing how come for the investors some of them do panic selling that is why they lost some opportunity when bitcoin value starts to increase again.

All people specially bitcoiners who hold bitcoin worry abput bitcoin. If bitcoin drop, the other altcoin mostly which top marketcap will get bad impact so altcoin and bitcoin holders are still the same worry to their investment. But we just can think positive everything would be fine like last year moves.

xboxtwo

newbie

Activity: 30

Merit: 0

don't be worried wait for ber months.

Lerosaeyan6

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who says if with the decline of Bitcoin there is no confusion, many people are confused with this bitcoin reduction, they are trying to pump the bitcoin price by buying and investing in it and thus with the decrease of bitcoin which is still not yet rising many people who hope to up to the original price

angel55

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Bitfcoin ALWAYS rebounds and soars back to a new all time high. If you are new to crypto the panic can be understandable but if you are a veteran here you know the game.

darmawan_lasuara

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You just need to be patient, for new traders they will worry if the price of Bitcoin falls, but I feel that the current Bitcoin price is stable.

Sephire

full member

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Most of the price and time correction in Bitcoin is already over. Price is low and so is sentiment and both are near a significant bottom. Just hold on patiently for the coming price rise.

Topic: Bitcoin Price Drop, is no-one worried? - page 3. (Read 4728 times)