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Topic: Don't panic! - page 10. (Read 2198 times)

newbie
Activity: 8
Merit: 0
February 05, 2018, 12:14:44 AM
It's definitely break the pattern of previous correction. This one is deeper than any other one in last two years since BTC started this big bull run.
Nfp
member
Activity: 168
Merit: 14
February 05, 2018, 12:06:14 AM
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!


I agree with this, instead of selling all our bitcoins in a low price that can lead us of losing a lot of money, why don't we use this dumping price of bitcoin as an opportunity to buy more of it while its still has a cheaper price. So we can gain a lot of profit when the price comes back to its highest price in the near future.
full member
Activity: 448
Merit: 100
February 04, 2018, 07:51:17 PM
I am not panic but I need big cash in fiat. I need to withdraw about 2 BTC. I think i made a lot of lost now. I regret why I didn't sell when the price is 20 K
hero member
Activity: 900
Merit: 500
February 04, 2018, 07:47:05 PM
I never panicked, I think I've had an experience like this in the past year. I used to also sell my coins when the market price is like this and I finally lose because a few weeks or a month later the price back up
jr. member
Activity: 171
Merit: 3
I need a break!
February 04, 2018, 07:46:02 PM
I don't mean to panic anyone, but i see on a lot of threads people considering this just a market correction, will the news coming in about governments and back and now the G20 meeting, isn't this war?

It maybe a war, but crypto will survive, dont sell now you will regret it later Smiley
full member
Activity: 434
Merit: 100
February 04, 2018, 07:44:11 PM
I do not need to panic, the market will improve soon
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
February 04, 2018, 07:26:50 PM
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!


yeeahah agreedd. dont panic guyss, its just part of market activity. soon it will be back to normal again
newbie
Activity: 49
Merit: 0
February 04, 2018, 07:16:46 PM
I don't mean to panic anyone, but i see on a lot of threads people considering this just a market correction, will the news coming in about governments and back and now the G20 meeting, isn't this war?
sr. member
Activity: 344
Merit: 250
February 04, 2018, 06:54:24 PM
Of course, without panic, appreciate the fact that the cryptocurrency is so falling because in this it is good, you can earn very well on the fall! Once everything becomes stable, it will be interesting only for housewives! Cheesy

Yes that's exactly right, panicking will make the matter worst in fact while the coins are down we should "HODL" or better yet invest for more because once becomes stable we will benefit from it. In this world of cryptocurrency, we should be patience and dont be greedy as well and make do a research about this coin or token and their developmental platform
That is very common for the people to get panic when the value of their bought coin is decreasing and they are losing money and specailly when he has invested a lot of their assets in some places. In such situation one think as to atleast some of his investment and therefore he start selling, Which end all his hopes, i think in current situation as the price is already now decreasing therefore we should to try to hold our investment and not sell it because we are still too much confident about bitcoin price that it will get recover very soon.
member
Activity: 126
Merit: 10
February 04, 2018, 01:35:51 PM
Thank you for your good reminders because i'm really panic sometimes when i'm nervous because of your share im now good and trust altcoins, it really is in the crypto you'll be able to test how hard you are but how nice you are
full member
Activity: 266
Merit: 101
Bitcore (BTX) - The Future is Now
February 03, 2018, 06:27:34 PM
Whales are now doing their best to cause severe panic among beginners. They want to get to lower prices to enter crypto once again for very large sums of money. Thanks to hamsters whales will become richer and crypto hamsters are poorer Wink
I beg to differ! I'm going to be the richest hamster ever Smiley HODL for the win.
legendary
Activity: 968
Merit: 1000
einc.io
February 03, 2018, 06:19:24 PM
Whales are now doing their best to cause severe panic among beginners. They want to get to lower prices to enter crypto once again for very large sums of money. Thanks to hamsters whales will become richer and crypto hamsters are poorer Wink
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 03, 2018, 09:42:09 AM
As a new user its hard to not panic, when you see so big swings and all your money is there:( hope i will be more rich in future and this swings will be small to me.

I'm sorry for those investors who bought bitcoin at 15000-20000 dollars. Now they are in a panic, it's obvious. I would also panic if I had no experience in crypto. But I know and believe that bitcoin always recovers. A patience is the key.
member
Activity: 106
Merit: 10
February 03, 2018, 07:44:18 AM
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!


Agree! I not understand why do people begin so to panic? Remember, how many times the course of bitcoin drops and rose back. He simply needs time.
newbie
Activity: 112
Merit: 0
February 03, 2018, 07:28:54 AM
I think  it's perfect time to buy because now bitcoin price really very drops, Grab the chance before it is too late.
newbie
Activity: 9
Merit: 0
February 03, 2018, 07:26:15 AM
There are clear reason to panic ATM, not long term.. But the crypto market is highly overvalued and 98 % of the project are useless.
member
Activity: 406
Merit: 11
February 03, 2018, 07:19:11 AM
Of course, without panic, appreciate the fact that the cryptocurrency is so falling because in this it is good, you can earn very well on the fall! Once everything becomes stable, it will be interesting only for housewives! Cheesy

Yes that's exactly right, panicking will make the matter worst in fact while the coins are down we should "HODL" or better yet invest for more because once becomes stable we will benefit from it. In this world of cryptocurrency, we should be patience and dont be greedy as well and make do a research about this coin or token and their developmental platform
full member
Activity: 274
Merit: 122
February 03, 2018, 07:15:46 AM
Do not panic)) accept and resign yourself to the fact that you have lost money and will not return more of them, bitcoin will be hanging out for a very long time
member
Activity: 275
Merit: 10
We offer our Service
February 03, 2018, 07:14:09 AM
Honestly, I really do not want to panic but it hurts to see your coins that you bought in higher price but now they are consistently dropping in the market. Nice point of view to buy now while it is low and save it for long term.
newbie
Activity: 168
Merit: 0
February 03, 2018, 07:14:01 AM
If you panic and sell then you lose your money  Cry I open the schedule for the last year and I see the same bitcoin fell by 40% per week; / and then it grew again;) it's normal; P
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