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Topic: bitcoin still dipping. What should we do? - page 7. (Read 1305 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
November 17, 2018, 01:00:29 AM
#15
You should buy.
jr. member
Activity: 555
Merit: 2
November 17, 2018, 12:28:48 AM
#14
Gathering with family is the best way to forget about the decline in bitcoin prices. Because we can't do anything, forget for a moment don't focus too much on looking at the market, we can stress later. Hopefully the price will rise again.
jr. member
Activity: 336
Merit: 2
ECOSTART
November 17, 2018, 12:26:40 AM
#13
no, we only need to take a short vacation while waiting for good news about bitcoin. Do not be too focused when bad conditions like this, it will make you mentally chaotic, look for temporary entertainment while prices have not improved. We only need refreshing


Your advice is reasonable, there is no need to worry and panic to see the crypto market at this time, we need brain refreshment to face tomorrow, you are an experienced investor so that whatever conditions you look calm and relaxed.
member
Activity: 245
Merit: 11
Staker.network - POS Smart Contract ETH Token
November 17, 2018, 12:21:38 AM
#12
The real question is, do you really believe in Bitcoin? If not then you should withdraw now. It's all a matter of trusting the technology and to see it grow in the future. If you are not patient enough, then you won't see the real fruit of Bitcoin.
sr. member
Activity: 569
Merit: 250
November 17, 2018, 12:17:33 AM
#11
no, we only need to take a short vacation while waiting for good news about bitcoin. Do not be too focused when bad conditions like this, it will make you mentally chaotic, look for temporary entertainment while prices have not improved. We only need refreshing
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 17, 2018, 12:17:09 AM
#10
Absolutely nothing. You just sit on your coins until the price goes back to where you want to sell it. Forget about Coinmarketcap and stop watching the price daily or hourly, because it will cause you to panic like you did now.

Go look at the price history of Bitcoin over a 2 year period and tell me if the price is still dropping from the level where it was 2 years ago.  Wink Use the data at www.blockchain.info and tell me if you are still considering to sell.  Roll Eyes

Short term volatility in Bitcoin is normal, it is the long term stats that counts.  Wink
sr. member
Activity: 254
Merit: 1258
November 17, 2018, 12:00:06 AM
#9
Not just Bitcoin, but almost all other Crypto coins are also in the red.
Virtual money investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.
Crypto isnt a regular virtual money kind of investment and it shows. All of Wall Street has a boner on for crypto for a reason. Pay attention to the big boys, they're secretly grabbing coins.
full member
Activity: 686
Merit: 104
November 17, 2018, 12:11:49 AM
#9
so sad enough, if you look at the current market considering bitcoin has dropped the lowest since last February, it is estimated to be less than $ 6000 I think buying it now is quite risky, so it's only a hodl if there's still a balance, don't buy it first.
copper member
Activity: 164
Merit: 1
November 17, 2018, 12:01:12 AM
#8
don't panic, see this as an opportunity, an opportunity to store up more bitcoin because very soon, the price of bitcoin will pop up and you will be among those who will be glad they stored up bitcoin now, so buy buy buy now.
sr. member
Activity: 254
Merit: 1258
November 16, 2018, 11:38:19 PM
#7
Nothing you can do but decide if this is a level that you can't afford to go under or that you believe the possible gains will be worth keeping and holding the coin onto and selling or using at a later date.
jr. member
Activity: 70
Merit: 1
November 16, 2018, 11:53:48 PM
#7
Not just Bitcoin, but almost all other Crypto coins are also in the red.
Virtual money investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.
jr. member
Activity: 68
Merit: 1
November 16, 2018, 11:36:38 PM
#6
HODL and buy bitcoin. This is the right time to buy. Buy when everyone is selling and sell when everyone is buying.
full member
Activity: 574
Merit: 102
November 16, 2018, 11:11:13 PM
#5
what we have to do now is wait, don't look at market prices too often if you are a long-term investor. but if you want short-term profits, play capital very wisely, but that is quite risky. Another step that can help cryptocurrency market prices is to eradicate or fight negative news in mainstream media, we must make concrete steps by convincing investors and new traders to be interested in joining the cryptocurrency industry.
legendary
Activity: 3472
Merit: 10611
November 16, 2018, 10:45:57 PM
#4
it is not "continuing" to drop, it dropped about 3 days ago and that was it! there has been no more drops and ever since that day the price has been hovering around $5500.
the "investors" did panic sell, that is why the price dropped that much. although i have to say the drop was small in my opinion compared to the panic they were trying to induce.

as for what you should do, you should always invest what you can afford to lose. assess the risks and learn to reach charts so that you don't make the mistake of thinking price is still dropping when it is not.
jr. member
Activity: 114
Merit: 1
November 16, 2018, 10:45:03 PM
#3
Forget the current price, don't check it again, wait patiently for a while, and the price of Bitcoin will rise.
I think that we don’t need to do anything right now. The more you do, the more you will be self-defeating.
Honestly, I really don't think you should worry about Bitcoin, but if it is altcoin you may need to worry about it.

I think so. I'm still waiting and holding. I will keep holding unless I see a red flag, right now the market, in general, seems like its not doing good but the development is still going on. it's not dead.
member
Activity: 126
Merit: 15
Fast, Smart, Trustworthy
November 16, 2018, 10:33:38 PM
#2
Forget the current price, don't check it again, wait patiently for a while, and the price of Bitcoin will rise.
I think that we don’t need to do anything right now. The more you do, the more you will be self-defeating.
Honestly, I really don't think you should worry about Bitcoin, but if it is altcoin you may need to worry about it.
full member
Activity: 924
Merit: 221
November 16, 2018, 10:13:17 PM
#1
I often visit https://coinmarketcap.com to check bitcoin market price. And to what like other had said that the bitcoin has made some dip. The problem with the current market on the investors will worry the investors and will do panic selling. Still, FUD's werr getting worse as they had tried to pull over their claim was true and for that they said that its better to withdraw investment now or one will regret later. This is now another problem that made me confuse. Now, I had continue checking the market price movement and checking also the chart. I had made a screenshot of the chart. See the image below:




Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?
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