Topic: Bitcoin price is dropping!! What to do?? (Read 2935 times)
Just ride it out
sell now
Well you said we must sell now? You want to sell your bitcoin in cheap price? Sell it to me haha Dont panic guys price will up soon
If you are rich man you can hold bTC but this is not like house or car ............... it is some Bits .... when you will see the price is dropping and the target can be $1 you will sell them at even $20 ..............
sell now
Well you said we must sell now? You want to sell your bitcoin in cheap price? Sell it to me haha Dont panic guys price will up soon
I don't prefer you to sell now, maybe a good idea is to invest in other coin, for example ETH which is raising good, but investing is always a dangerous thing. Good Luck.
I don't think investing in ETH now is safer or more profitable than investing in bitcoin now. The early profits have been taken already from ETH, once the launch hype is over I don't think it will stay this exciting.
sell now
Well you said we must sell now? You want to sell your bitcoin in cheap price? Sell it to me haha Dont panic guys price will up soon
I don't prefer you to sell now, maybe a good idea is to invest in other coin, for example ETH which is raising good, but investing is always a dangerous thing. Good Luck.
sell now
Well you said we must sell now? You want to sell your bitcoin in cheap price? Sell it to me haha Dont panic guys price will up soon
sell now
funny how people seem to forget the basics of "buy low sell high" when the price is lower than ever.
I'm interested to know how many people here actually bought some bitcoins when it fell below $200.
I'm interested to know how many people here actually bought some bitcoins when it fell below $200.
Well OP I hope you haven't sold on yesterday's low since we have gone up $30 since then. Let me give you an advice, when this thing crashes it's pretty much to late to go and sell. If you haven't sold on a high, don't sell on a low either. Because, once you sell, it will probably recover quite a bit. Just like it happened last night and today.
Well, a month back it was rising sharply. rises and drops are a part of Bitcoin. never know when it will start rising again but now it's time to buy some coins when the price is cheap
Always HODL.
Quote
What to do??
Just Cry and seeing how your money is in the fire and you loss it ......... maybe another time you will in with more reasons .....
Hi, im very worried now with the bitcoin price falling so fast...
Is it too late or should i change it all to USD or other currencies ?
Please help urgently and any advise....
Is it too late or should i change it all to USD or other currencies ?
Please help urgently and any advise....
you better hold it, this is just a panic. I believe the next few weeks bitcoin will be back riding
it was always the time to buy and hold as many bitcoin as you can, this price is a good incentive to do so, even more than before, the bottom appear to be in the range of, the same old range 220 or around this value
therefore i see it as a safe price to enter if you didn't in the last drop
therefore i see it as a safe price to enter if you didn't in the last drop
Blash! (Buy low and sell high) A wisdom that stands the test of several thousand years 
but you know that most people here trade with dollar signs in their eyes instead of using their brains, right? that's the reality currently.
Blash! (Buy low and sell high) A wisdom that stands the test of several thousand years
The simplest thing to do would be to have an exchange account and trade for fiat. I do wthis in bit-x, no need to provide documents in order to be able to trade fiat; only for withdrawals.
Now is an excellent time to buy. You won't be able to time the sudden recovery upwards.
Just as the price crashed due to cascading margin calls (people borrowed too much to buy bitcoin, and the bank forced them to liquidate their positions), there are now a ton of short positions that the traders will be forced to cover on the upswing - which will cause the price to rocket upwards suddenly.
Just as the price crashed due to cascading margin calls (people borrowed too much to buy bitcoin, and the bank forced them to liquidate their positions), there are now a ton of short positions that the traders will be forced to cover on the upswing - which will cause the price to rocket upwards suddenly.
If one website having some "technical" issues can cause the price to drop over $30 in 24 hours thats pretty damn scary lol. However I guess it is possible!
could it be crashing because dow jones crashed hard today?
I was also thinking the same thing
It was the bitfinex bug that crashed bitcoin yesterday
https://twitter.com/bitfinex
https://www.reddit.com/r/BitcoinMarkets/comments/3i5thz/daily_discussion_monday_august_24_2015/cudrtfc
http://www.coindesk.com/bitcoin-price-slumps-following-bitfinex-outage/
So, you're saying Bitfinex had a bug that forced the price down? Is it fixed now, or will we see BTC go under the $100 barrier?
Currently we are pricing in all uncertainty, that sorrounds the market.
PSA: Nobody knows where this is heading for.
PSA: Nobody knows where this is heading for.
Jump to: