The pump and dump that we are witnessing has never been unusual in this market, you can even check the chart to see the bitcoin history and find some news that bitcoin has been declared dead many times and dying many times too, but its still here, people will just forget it when the bull run comes.
People can create FUD where ever they want and come up with theories about how bitcoin is going to fail, historically the price of bitcoin started rising rapidly in a short period of time and when that happened there was a doubt among the masses that whether it will rise sharply and fall sharply and that happened in the past, we had a huge rally now in 2017 and the market was rising sharply and then the decline was sharp too and even if there is a bull run expect a huge correction after that as you cannot sustain a sharp increase in price in a short period of time. 
Topic: No need to PANIC! - page 2. (Read 1023 times)
before we decide to buy and invest in bitcoin, then we must know about the character of bitcoin and how it risks, so when prices go down we should not need to panic because it is a natural thing and what we need is to stay calm and be patient by doing a better strategy for getting profits
yes i agree with you op we don't need to panic. bitcoin is always like this can go down and up suddenly. keep calm and rest assured bitcoin can pump again. learn from bitcoin price movements in the past. we will see after the decline there will definitely be an increase and vice versa. we just need to be patient and wait. panic will make us make the wrong decision and cause us loss.
Assessment with the current condition and not to rush with your decision, it will enhance the chance to think better and make a good point not to panic with any market movements. Bitcoin have it's own ways if you have good understanding you will be able to catch up and make a good money, you need to have better knowledge to take your advantage. 
yes of course, people who panic are those who afraid that lose a lot of their bitcoin and some of them are new in cryptocurrency
people not panic are believe in cryptocurrency that in the future increase price and some of them are old in the cryptocurrency like aardvark15 that start see bitcoin since 2012
people not panic are believe in cryptocurrency that in the future increase price and some of them are old in the cryptocurrency like aardvark15 that start see bitcoin since 2012
What I noticed over the last few years in crypto, that if there is panic, be sure to panic first!
~snip~
The ideal is not to panic, if you are speculating in the market, the ideal is to study it and follow the line of least resistance, if you are an Investor, all you have to do is wait, what you should expect is that bitcoin at some point It will come and go over $ 20k, that is a sure thing, the market has given many signs that it will be like this, its accumulation stage has been somewhat extensive, some believe that the volume of negotiations can reach very high price indices, some They talk about $ 50k others about $ 100k, some talk about $ 1M, the possibilities are open, but the important thing is to wait and be patient.
The stock market moves every 8-10 years, the Bitcoin market is much faster, volatility helps, panic, Fud, helps whales to buy cheap when weak hands sell, that's something that will always be repeated in the market.
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
For people who do able to see bitcoins price movement all of the years than to those people who do just recently jumped into the ship will really have those kind of reactions.What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
They do normally react even on the slightest or some percentage drops or increase but for those who are already old to this market will just treat as an ordinary day and it doesnt
really need that too much reaction because if we do think up thoroughly we can say that we are still in a good spot.We are just stressing out ourself on thinking everynow and then about
its price.So better chill out and if we do active trades then better always spot out for best possible bottom price.
yes i agree with you op we don't need to panic. bitcoin is always like this can go down and up suddenly. keep calm and rest assured bitcoin can pump again. learn from bitcoin price movements in the past. we will see after the decline there will definitely be an increase and vice versa. we just need to be patient and wait. panic will make us make the wrong decision and cause us loss.
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
Sometimes saying is easier than doing.
If the BTC price reaches 6k, I am worried that it will not increase the price, but it will take a longer time to touch ATH.
Yes I understand the situation but we need to cash out only if it's emergency as it's not a good time to sell at huge loss. We just need one single pump to get the market on track rather than these short term pumps which hardly lasts a day or week. Even I wanted to sell but not at loss after waiting for such a long time.
Yeah, there is no need to panic and actually thanks to you mate, we need more thread like this educating people that they should not panic as bitcoin is a good investment for long term.
The pump and dump that we are witnessing has never been unusual in this market, you can even check the chart to see the bitcoin history and find some news that bitcoin has been declared dead many times and dying many times too, but its still here, people will just forget it when the bull run comes.
Well, maybe panic is not an option. but for now, there are at least 30% of people who have sold their assets because of this decline. I think that those who survive today are people who don't panic. if we look back to the previous year, the price of bitcoin has even declined even worse than this, so for now, I don't have the slightest bit of panic. I am very sure that the price of bitcoin will go up high in the future. at least, I hope that many people hold their assets and don't panic because of this. The pump and dump that we are witnessing has never been unusual in this market, you can even check the chart to see the bitcoin history and find some news that bitcoin has been declared dead many times and dying many times too, but its still here, people will just forget it when the bull run comes.
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
Sometimes saying is easier than doing.
If the BTC price reaches 6k, I am worried that it will not increase the price, but it will take a longer time to touch ATH.
It is precisely me if bitcoin reaches $ 6000 then I will take that opportunity to buy as much as possible because it is already the lowest price, the high value of bitcoin only reaches $ 13,796 is still far to touch ATH I think $ 15,000 still hasn't touched it.
and making long-term investments is the right choice for now and to avoid panic and worries and let bitcoin move as it is, and you only wait for the price of bitcoin to reach the highest price even though it has to wait a long time.
Yeah, there is no need to panic and actually thanks to you mate, we need more thread like this educating people that they should not panic as bitcoin is a good investment for long term.
The pump and dump that we are witnessing has never been unusual in this market, you can even check the chart to see the bitcoin history and find some news that bitcoin has been declared dead many times and dying many times too, but its still here, people will just forget it when the bull run comes.
The pump and dump that we are witnessing has never been unusual in this market, you can even check the chart to see the bitcoin history and find some news that bitcoin has been declared dead many times and dying many times too, but its still here, people will just forget it when the bull run comes.
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
Sometimes saying is easier than doing.
If the BTC price reaches 6k, I am worried that it will not increase the price, but it will take a longer time to touch ATH.
It is precisely me if bitcoin reaches $ 6000 then I will take that opportunity to buy as much as possible because it is already the lowest price, the high value of bitcoin only reaches $ 13,796 is still far to touch ATH I think $ 15,000 still hasn't touched it.
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
Sometimes saying is easier than doing.
If the BTC price reaches 6k, I am worried that it will not increase the price, but it will take a longer time to touch ATH.
Quote
very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
No you can be sure the market will swing to extremes, perhaps near term in a negative way and in future its quite likely to be upwards again but I disagree on the timing and inertia to the momentum of movement. 2020 people keep mentioning halvening but its not that saving grace that is imagined, its some focus and I guess a recovery but it can also be a peak price.
I think its inline to guess conservatively we get 10k or so in the next year and in fact it takes until 2021 for real genuine pressure to the upside to occur and thats when estimating a new all time high is reasonable. The halvening for its fundamentals takes time, it accumulates as some pressure and consecutively we'll have that rebound effect from the sell occuring right now. So the two together is why its reasonable to expect a high at that later time, to guess 20k in 6 months is too much and beyond even BTC volatility to sharply switch. I actually hope it takes longer as its more stable to do so.
Thats exactly what im thinking, many investors are worried or panic selling because of the sudden price dropped but they didnt realize that this situation is much better compared to the price earlier this year.
If you understand how the market works then this situation should not be new to you and cant cause you to think negative. We know this is a temporary situation so cheer up investors, the market will recover unexpectedly thus wait and hold.
For people who have a lot of funds they might have been waiting for a moment like now when bitcoin prices are down. They must be prepared to buy in large quantities. However, for people who regularly look for bitcoin and sell it every day / week, the current conditions are clearly very worrying, I think. Even though they also know that this is temporary. If you understand how the market works then this situation should not be new to you and cant cause you to think negative. We know this is a temporary situation so cheer up investors, the market will recover unexpectedly thus wait and hold.
I think panicking when the price drop is natural even though we don't plan to sell our crypto we still feel nervous or something when the price drop.
We couldn't help it even if we trust that in the future the price would rise again we couldn't help but to doubt it when the price drop starts,
We would doubt it if it would continue to drop or rise again and I think everyone feels the same way .
Why doubt it if you are trusting that in the future price will increase? we all have a clear plan of holding and believing on bitcoin until it recovers well. But this normal situation and sudden change of emotion triggers whenever we see 10% or more drop. That makes other holders to worry if the price shall go up after that massive dump. But if you will compare the market situation since last year, you don't have to feel upset if you see such drops. We couldn't help it even if we trust that in the future the price would rise again we couldn't help but to doubt it when the price drop starts,
We would doubt it if it would continue to drop or rise again and I think everyone feels the same way .
I’m a little surprised that people seem to be panicking about the recent Bitcoin price drop to $7000. I guess I’ve watched Bitcoin for so long (since 2012) that the volatility doesn’t phase me.
What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
For a weak have hodlers of bitcoin i think it is kind of normal to have someone like them to start to panic when the market shows a sign of significant drop that would stay for long. Newbies are not exempted with this panic selling because usually they were the first one to dump straight when they can't see a profit in a short run. I don't know what are they thinking when the price started to drop they began selling. What we need to remember is that just a few months ago the price was a little over $3000 so it’s doing fine. That spike to $14,000 was way overpriced.
It doesn’t really matter to me if people panic because it gives me an opportunity to buy more Bitcoin at a cheap price. And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
everyone should hold bitcoin because some whales want to make traders at panic for buying their bitcoin at cheap price. we should learn the lesson of the past when prices grow lot of time . let leave the whale sell his bitcoin then we will buy their bitcoin reverse what he want
Very good suggestion buddy, it’s really nice advice for all new traders as they must not aware of whales so that they will sell their coins at panic. In the market we must know such people do exist so better stay away from them keep buying if you see the price is fallen. Holding and waiting will tell you the reality of those black sheep’s but you only need to stay strong. I am, too. Well, maybe more hopeful than confident at this point, since the vibe of the market lately has been pretty bearish.
I am also hopeful that the market would rise after the halving but i am not too confident with the way things are going as there are many factors this time around.Price drops like the ones we've seen lately don't freak me out, either, but I can certainly understand why other traders who haven't been around bitcoin for years might panic--especially short-term traders who were betting that bitcoin would rise and instead were treated to a slide of a few hundred dollars.
The main difference between new investors and the investors who are around for a while they know that these kind of market situations are not that unusual in this market as we have seen more volatility in the past and as of late the market was almost stable for a while and we can interpret that the market went down to give another push.
And I still am very confident that the price will hit $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
I am, too. Well, maybe more hopeful than confident at this point, since the vibe of the market lately has been pretty bearish.Price drops like the ones we've seen lately don't freak me out, either, but I can certainly understand why other traders who haven't been around bitcoin for years might panic--especially short-term traders who were betting that bitcoin would rise and instead were treated to a slide of a few hundred dollars.
At least bitcoin rebounded somewhat from last night when it was below $7k and I figured it was going to go lower than $6600 and stay there. I find these movements interesting instead of fear-inducing, but like you I've seen enough of them that I've come to expect nothing less from bitcoin. Let's clink our glasses in a toast to a better year in 2020.
Jump to: