Topic: Message to all people who panic when crypto price goes down! - page 5. (Read 923 times)

I think the panic of such people is caused only by their inexperience. Those people who have been in the sphere of crypto currency for a long time know that a drop in prices is normal and it is very profitable to take advantage of this.

no need to panic The decline is due to U.S. major technology shares fell for a second straight day on concern that the sector has risen to unsustainable levels. But even so, the technology behind the digital currency, that is Blokchain actually managed to collect high records in funding for the Blockchain project. So I'm sure for next month bitcoin prices will definitely be back stable

You cant blame them. Most of the investors in the crypto are not studying what crypto currency is and together with the newbies that are zero in knowledge from joining the exchange are to blame here with the drop. People think differently, that's the answer to your question. And if you really what to help, rather than blaming other weak hands, we should promote cryptocurrency in a way that people would invest more on it.

IMO, some people cannot take the stress of the downfall and sell Bitcoin. Whereas some are waiting for the Bitcoin to dip further before getting back.

Be calm and hold on we can never know and we cant predict its everyday value. Sometimes goes down and after that it goes up you can analize it in its previous value.So you dont have to panic its not helping you at all.Once you invest you must take the risk what ever happens.By the time its value goes low i think you can buy and sell it if value goes up.

YOU KNOW, YOU HAVE TO UNDERSTAND THAT NOT ALL PEOPLE THINK IN THE SAME WAY THAT YOU DO. Hence, you cannot discount the fact that we think differently. I know you only meant that the losses we currently suffer, if there is any, are just paper losses and that it do not matter as long as we do not realize the same by selling them at a much discounted price.

Well, let me give you the side of others on the different side of the coin.

Others see this as traversing the negative direction as they see the value depreciates time after time without a glitch of recovering for at least a thousand. Maybe at some point, too, these people see the 'need' to sell to answer for their daily needs, among others.

No matter how experienced you are, I know there is something within you that is totally bothering you as well. You may just be good at hiding it. Come to think of it, how come you are here without anything to support your cause? In here, we do not have contracts, we do not have laws, we do not have authorities. What makes you stay in this business that is full of uncertainties to begin with? Thus, you cannot just brag about how collected you are in times like these. 

It will ricochet back! Simply continue holding. Bitcoin is constantly similar to this, it will come back.When it goes down it doesnt mean it will crash and burn as 0, it implies that it will rebound as awesome as ever. "For each negative, there will be a positive rebound". Simply keep your uplifting mentality. Frenzy wont help you on this circumstance, simply try to avoid panicking and be certain on all perspective. Believe me it will rebound.

What you are saying is true , if you trust in cryptocurrency then what ever rate you have bought it dont get afraid as you will see your buying price, only thing is that you have to wait but you will get your price and if you can buy some more on lower price so that your average buying price will go up.

if you check people complaining about this price of crypto you will see that they are mostly newbies. last year many people enter into crypto market because of what they read in the media. most of them think that is how price will continue to grow like grass. even grass growing have seasons. crypto is in the dry season now but better days are coming. just do not sell your coin cheap

If Bitcoin forms another leg up it's gonna take off! We need $8000 today!

it is true with what you mention it. this is a crypto world that surely we all know bitcoin and altcoin have never had a stable price. for a trader now it is they will buy and hold until the price goes back up.

It will bounce back! Just keep holding. Bitcoin is always like this, it will come back.When it goes down it doesnt mean it will fall flat as 0, it means that it will comeback as great as ever. "For every negative, there will be a positive comeback". Just keep your positive attitude. Panic wont help you on this situation, just keep calm and be positive on all aspect. Trust me it will comeback.. Also, this sudden down in value will be a great time to invest on this. We should practice and exercise how crypto works before we engage on this crypto. Trust the system, trust crypto, and trust bitcoin

The recent hype has already died down and those who bought bitcoin during the hype must have felt that they are losing their investments by looking at the price charts now. It's possible that this is the aftermath and process of the bubble going to pop - but it would depend if there would still be strong and resilient bitcoin supporters who will firmly hodl. For those who are seeing the price keep on dropping lower and lower, they must believe that the price will just continue to go lower and will just decide to sell in order to save their money.

To be fair, as compared to how the price was a year ago, the bitcoin price is still relatively high. In retrospect, this isn't the bottom yet.

Yes, we all afraid to get loss on our account it only means that we should trust more in bitcoin so that the bad things might happen will be contrast into a positive one. And also, when you enter the business world you need to expect loss and risk that you may encounter anytime. And aside from it since the bitcoin is volatile the value is not always in minimum but it will rise up again. And those loss will not be loss anymore. Trust bitcoin, trust yourself.

Yes.You are right.Either if they believe in cryptos,they should be here or if they don't trust they should not invest in cryptos.But what is the disturbing thing is most of the crypto investors are just half boiled.they know only a little about cryptos and with their known little knowledge,they do assumptions by their own and get panic resulting selling their coins much lesser than the purchasing price.

I learnt to not panic when crypto goes down. Having patience is much more better in time like these

A lot of people bought crypto without knowing exactly what it was. I convinced my friends to get Bitcoin. they did, but they had no idea what it is. I think a lot of people are doing just that. They've bought in without knowing what they are buying and now those same people are exiting. we know that life is all about taking risk, but for this crypto price no cause for alarm.

Hey Folks,

I am bit more fascinated about cryptocurrency and in the means time I get information of formulation of cryptocurrencies. Its basically production of tokens done with any of algorithm with PoW/PoS of cryptography with blockchain. I dive little more and got information that Cryptocurrencies are combination of blockchain and cryptography, which are based on quantum physics and electronics.

Now if we see deeply, blockchain is a real innovation with decentralized and open ledger platform. Implementation of blockchain technology will really bring revolution in humans living by offering more decentralized, scalable, transparent and open source business solutions for everyone.

And my honest suggestion is spend time to learn what is bitcoin rather that investing on bitcoins, because knowledge is the power.

Many services as economics and finance already on the way of decentralization along with this advertising, content delivery, social media and few other platforms are also created their own existence, importance and value stand alone in crypto market.

So considering these facts if we look towards future then, price of Bitcoin will be at sky height as this is the first and only cryptocurrency which is also know as master or prime cryptocurrency. And many new ideas will born.

We can't avoid panicked, especially to those who buy around $15,000-$18,500 this is big lose now. Yes we don't sell but we can't avoid the fact that we feel so disappointed sometimes, like it feels like where in the big depression and nightmares every night. We can't avoid if. But Yes! We do Hodl! This is what we only need and no natter what we can't do anything about the great dumped now, just Hodl.

Lots of people choose to engaged in the cryptocurrency because they had witness lots of people who made decent profit from it and they want to be like them so they decided to invest even their savings which allotted to a near expenses coming without knowing the risk they enter so once they see prices are going down then they panic and sell to avoid losing all their invested amount.