Don't worry, Bitcoin will be fine. - page 72.

Brian_Bishop

newbie

Activity: 19

Merit: 0

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcj87AFpnNdqbPdRVYBJB6Zd8bSjmMqqp8kHjiMEszyrP/b4.jpg

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcngKTWQYbDvg2KWSd2rwUsZTpFMuyMraeHxBADHAfXar/b1.jpg

3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmV8DNWMg2BfWNha7QUWuQXfvu7DEHR39a96k85fzPJCsp/b123.png

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRHe7w2gCeo8z7GTsY8N7xo5PnDmJdrSnk7pvyQjnikBx/b2.jpg

and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

I want to buy as many bitcoins as I can. I plan to use this as a long-term investment. That is why the drop of bitcoin is now very beneficial for my purposes. But, as always, there is another side to the coin). Is it worth buying now or maybe it's worth waiting a few more months and then I can buy more by spending the same amount of money.
I'm a little confused. But in any case, I know for sure that bitcoin is the future.
The more I learn about this and other crypto currencies, the more I am confident that I have chosen the right investment method.

Temujhin

newbie

Activity: 129

Merit: 0

Yes, of course I am sure of that, indeed the increase in bitcoin prices will not be as fast as possible with the current price fluctuations, it takes a long time to be able to rise fantastic prices, therefore we remain patient and wait if we panic at the present prices may be a risk who will get it

btcjocan

sr. member

Activity: 658

Merit: 250

Quote from: Wulanayu on August 06, 2018, 06:54:23 PM

Yes, of course..
I never worry about what is happening now because I like you who have known bitcoin history from year to year so what needs to be worried about, bitcoin is like what has been designed and when the bitcoin rises to please bitcoin holders and time bitvoin goes down to embrace new investors.
I think this is the time given for you to buy lots of botcoins or add to your assets and you just have to wait for the right time to reinvest.

We don't need to worry about the price of bitcoin as of this time, perhaps we already know that bitcoin is so volatile. We need to have a lot of patience, because there will be a till when the price of bitcoin will increasing.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

There is no choice but to think positively about Bitcoin. The Bitcoin chart indicates that the crypto market is always crowded towards the end of the year. Chart analysis will be useful for pro traders as a reference so as not to lose opportunities in trading.

supelle.born

newbie

Activity: 286

Merit: 0

No one has any idea how long this bearish market will remain, however it is certain that the market will recover and come back up hard at some point and the bitcoin will outperform its ATH.

Wulanayu

full member

Activity: 336

Merit: 100

Yes, of course..
I never worry about what is happening now because I like you who have known bitcoin history from year to year so what needs to be worried about, bitcoin is like what has been designed and when the bitcoin rises to please bitcoin holders and time bitvoin goes down to embrace new investors.
I think this is the time given for you to buy lots of botcoins or add to your assets and you just have to wait for the right time to reinvest.

rockyboy

full member

Activity: 392

Merit: 100

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14

3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017

and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

Yes, it will be very fine, falling of btc price is just normal so keep our faith that btc will recover the soonest. Hold our coins until the recovery stage is done and will earn a good profits for controlling our emotions.

Wallflower28

member

Activity: 378

Merit: 11

Hopefully yes! But I think it will become difficult for bitcoin to recover because a lot of tragic news and events in relation with BTC happen in the past few weeks. If the market will continuously fall down, I think that bitcoin will never recover and 20K dollars isn't achievable in this year. Sad to say but we will hold bitcoin within a year.

OSEIBOATENG

member

Activity: 238

Merit: 15

For now, since I know the type of coin I have invested in, I don't really worry about it when the prices go down because I know that it will surely increase in price and it will also be fine.

Bonsaiav

full member

Activity: 602

Merit: 118

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14

3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017

and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

Yes I believe. Bitcoin will be fine, as time goes by its value will definitely recover, no problem even though we have to wait a long time. Because in facing situations like this, optimism is something that is very necessary so that we all don't lose hope.

Quote from: pooya87 on August 04, 2018, 10:35:16 PM

technically it is not natural to have a fall like this when everything is going fine and there is a lot of positive news around signalling rise but then the market moves in the opposite direction. there must be something unnatural happening that causes this kind of drop out of nowhere!

but of course the panic is not justifiable either.

Yes, the same as you feel. I feel, there is someone who makes the emphasis on the price of bitcoin. But who did it?...

_navoj

newbie

Activity: 40

Merit: 0

Just imagine bitcoin price starts from centavos and now it went so far, it reaches the amount that we never thought it will. It is natural if the value of bitcoin is like a roller coaster. What matter is that bitcoin is still existing and will never fail.

AriannaSantosUU

full member

Activity: 256

Merit: 100

I don't need statistics and deep analysis to tell me that, as long as people still have faith in bitcoin it should be fine.

We don't need to listen to those scare-mongers.

Pinkris128

sr. member

Activity: 812

Merit: 262

Quote from: Soots on August 06, 2018, 05:40:04 PM

Quote from: DAVETUN on August 06, 2018, 04:51:39 PM

For anyone that understand the Stock, forex or cryptocurrency market, you realise that a rise and fall in price is a norm, every season open up opportunity for the next phase, BTC i is giving more time to keep investing, BTC is a digital currency that is here to stay in the global world, the digital currency revolution is here to change how transaction take s place globally, Do not panic and sell off you BTC portfolio.

Panic isn't a solution, because the more you became hopeless it doesn't give any help. The problems was getting more worst rather than having advantages towards price increase. We shouldn't be discourage, but instead of dumping those assets you had think of holding your coins. Helping the community could give you the opportunity of earning much bigger profits. Bitcoin will always be fine and worrying couldn't give us hope after all.

Yes, we must not lose our hope when bitcoin was dumping instead invest more and buy bitcoin and keep holding it. When you do panic selling you will just lose what you have in your wallet while when you wait until it pump again theres a possibility to get profit from it. Worrying never help people. Keep calm and enjoy using it.

Serious Miner

member

Activity: 250

Merit: 10

Yes, you are right, I think this is normal don't panic when prices fall. We just need to be patient and keep holding bitcoin. If we will hold bitcoin then it is sure that we will earn much profit from bitcoin in the future. So don’t get panic about current price drop, because this is normally happens in the market. Bitcoin has a wonderful future so we should not sell it now, we should hold it.

MommyElsa

full member

Activity: 387

Merit: 100

Of course bitcoin will be fine. Falling of btc price is not the end of btc but instead, it will rise again,recover and we will be ble to gain a lot for holding.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

Quote from: pushups44 on August 05, 2018, 12:31:21 AM

A lot of newer investors lack the patience of the old heads in these forums, so they get upset when bitcoin doesn't go up every day like they expected. If we look at a long-term chart, we will see that bitcoin has outperformed all traditional assets in the last few years.

Bitcoin will remain in the crypto market, it is the most stable, number one among all the ALT coin, with good fundamentals, clear market structure, and with high level of confidence by the investors on the market as posted. Market is Volatile, anything can happen at any given time, but i am optimistic that it will remain and will survived the hiccups on its price value, it will recover and rise again.

DaWidyaa

full member

Activity: 490

Merit: 100

In my opinion, with the state of bitcoin currently down, we don't panic, everything is fine, it will definitely rise again. Maybe those who are new to the world of crypto are currently in a panic and those who have long known about cryptocurrency are used to this situation.

bimbie

jr. member

Activity: 185

Merit: 1

I believe that bitcoin will be fine,the price might be low this time and this past few months but we all know that bitcoin can easily increase in a rapid way.

White Christmas

sr. member

Activity: 882

Merit: 258

★Bitvest.io★ Play Plinko or Invest!

Quote from: Ahmed4200 on August 06, 2018, 08:09:27 AM

Yes, hopefully we will get very good price of Bitcoin. This will bring comfort to everyone. But Bitcoin wanders in a tremendous unrest. We must also keep this word in mind. Do not harm yourself to get a better price.

Yes it will, soon bitcoin will recover. Never lose hope keep holding and believing on it. We may see that the price of it was falling again now. But soon it will rise again like what happened before. Never so panic selling because it was not a solution to this problem. It will just make you more sad and lose your money. Be patient so when it pump it will be worth it.

blue_dragon

full member

Activity: 251

Merit: 100

Powered by Artificial Intelligence & Human Experts

Quote from: Handsome Boy on August 04, 2018, 10:22:43 PM

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30

2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14

3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again

4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017

and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

Just like the others, I believe that panic is not a good behavior and it may result for a further bad things and you may do an unexpected action because of that.

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