well panic is a bad habit but it will not become a bad habit everyone panic however a similar case is repeated ,so we must be patient in responding to all of that ,there are times when people pretend to panic "trader strategies" that will benefit him in panic and he will take advantage when prices start to look uptrend buy again at low value
^ Panic sellers are not real crypto enthusiasts. They are just simply wanted a short time profit and if they saw the crypto market was fallen down they will get panic. But we can't blame them because that is their money and maybe they are not fully oriented about the Bitcoin movement and for sure they will feel regret when Bitcoin surge back in the market. As of now, I saw just like there is a bounced back happen. 
Topic: No need to PANIC! - page 5. (Read 1023 times)
well panic is a bad habit but it will not become a bad habit everyone panic however a similar case is repeated ,so we must be patient in responding to all of that ,there are times when people pretend to panic "trader strategies" that will benefit him in panic and he will take advantage when prices start to look uptrend buy again at low value
Still thinking positivity is a good thing in my opinion, and making this dip a good opportunity is the way you can surely hold more and earn more, I really like your attitude towards this dip and I guess you are doing fine in my opinion,
I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
Always a common situation that there would always be a moment of shaking the weak hands of this market.They create a fud then I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
the rest would follow on the said plan.Panicking is inevitable though even to those veteran to this crypto market would still having that
worrying thing in mind.
Its easy to say to look for this thing to be an opportunity but actually buying into these dip price will still hesitate you because you wouldnt know
if the price would go lower unless if you do hold for long term then it doesnt matter on when you would enter.
Yup! it is easy to say that the dip is an opportunity but that is my opinion, I certainly buying from certain Dips but yes I am not buying all the time there is just a gut feeling that I would surely buy, like this Dip of a $7000 USD I did not buy something but if it will dip even further maybe $6000 USD that will be the time, and readying the amount to buy more Bitcoin,
Well, I don't want for people to do the same thing but they had their own decision and I am saying this that the dip is an opportunity to just give this dip a positive outcome, and yes we can not control the panic selling but I just want to have a positive vibes everytime a decrease on the price occur.
this kind of dumping happens over and over, this is manipulation using the fake news. the amount of BTC being sold in the market looks something very suspicious while the people form social media are exaggerating all these by spreading the news that isn't even true. chinese may not even involve to all these news. for those who are just dependent to the fundamental analysis, its a news to panic though
Holders panic today and sell because they don't want to reduce the value of their bitcoin. So they are selling now and are still waiting for the lower price to buy back.
what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
Not really. It's not holders that are selling but traders. Holders are buying. I bought some today and am officially out of fiat money. The price is not the indicator of value. Check what part of the total supply is being traded, you'll be amazed how small it is. What you see as the price is based only on less than 10% of total supply.
The price you see on charts does not equal value.
Bitcoin has the ability to double its price in a day. There's so little BTC on exchanges that one rich guy like Jeff Bezos would be able to take us back to 20k in a single trade, the liquidity is just so small with almost no orders at +/- 30%. 50 million USD and you're breaking through the first wave of sell orders and then sky is the limit.
You can have a flash pump candle to 20k in an instant. And there all the shorters get squeezed and go in following your lead and boom you're at 25k
looks like you havent been online for quite sometime now. the past is already past mate and bitcoin already climb and stayed for 10k value a long time ago so people also assume that bitcoin will not fall hard beyond this value .
when the price decreases , people were always starting to panic or get alarmed but as usual , the price still manage to recover close to 10k. good for you that you arent one of them , just keep up that good work . keep buying once price drop and your helping the price to get up
when the price decreases , people were always starting to panic or get alarmed but as usual , the price still manage to recover close to 10k. good for you that you arent one of them , just keep up that good work . keep buying once price drop and your helping the price to get up
Still thinking positivity is a good thing in my opinion, and making this dip a good opportunity is the way you can surely hold more and earn more, I really like your attitude towards this dip and I guess you are doing fine in my opinion,
I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
Always a common situation that there would always be a moment of shaking the weak hands of this market.They create a fud then I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
the rest would follow on the said plan.Panicking is inevitable though even to those veteran to this crypto market would still having that
worrying thing in mind.
Its easy to say to look for this thing to be an opportunity but actually buying into these dip price will still hesitate you because you wouldnt know
if the price would go lower unless if you do hold for long term then it doesnt matter on when you would enter.
to be honest I was a little panicked seeing the current price decline. but if I compare it with the beginning of the year, current prices are still pretty good. besides, I think that the beginning of the year is the initial price before the next increase. if the beginning of this year the price of bitcoin starts at $ 3k, and ends at $ 7k, then at the beginning of 2020 is $ 7k, and ends with $ 14k. Well, that's just speculation that I'm currently thinking about, but I'm sure the price could be higher than that 
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.
yeaah i just panicked a little if it was going to fall again to 3000, but it seems that is not possible, or possible? but of course, if that's possible why not buy as much as possible. but the problem is I don't have a lot of money to keep buying, whereas I have already bought above, so when I see my assets decrease it makes me panic.
Holders panic today and sell because they don't want to reduce the value of their bitcoin. So they are selling now and are still waiting for the lower price to buy back.
what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
Is it a good idea to sell now and buy it again if down? the problem is we don't know the lowest price point that will be reached. of course, it is done by people who have limited funds. why don't buy again below for backups, if you believe, bitcoin prices should be normal and rise higher.
Still thinking positivity is a good thing in my opinion, and making this dip a good opportunity is the way you can surely hold more and earn more, I really like your attitude towards this dip and I guess you are doing fine in my opinion,
I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
I also am not gonna budge with a little dip and still continue in the holding by the time that the spark to going to another all-time high comes again, Bitcoin's volatility is always like this weak hands would surely panic and enthusiast would get this opportunity to buy and earn more, I surely would keep the Hodl and patiently wait for a pump.
Holders panic today and sell because they don't want to reduce the value of their bitcoin. So they are selling now and are still waiting for the lower price to buy back.
what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
Theres always a market shift because we cant really see to have a bearish market permanently which there would always be a reversal.The thing here is that we wont know on when it would happen.what is happening now is natural, as you said @op and its price will rise again when whales and big time traders start buying at low prices.
After all the years been here on crypto space, still got shocked that there were still lots of people do easily got panic in times like this. moving down a single digit percentage on a matter of 24 hours is just like an ordinary day as always here on this market.
We don't know till how much BTC will drop that affects the entire market or altcoin, since we know we're not like whales that can manipulate the market all we can do sell and wait in the mean time to buy back. Some will do panic if they are not aware or their prediction fell more than what they expect it's normal that we need to wait and buy back when it show a sign of increase.
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.
I remember some bitcoin celebrities called for "fair price" of bitcoins around $15k when it was trading below $5k levels. I agree a sharp surge from ~$3500 to ~$13,000 in the time span of less than 3 weeks must be a bubble and falling back was a highly expected one. Yet, like you have mentioned this must be a very good buying opportunity for all the long term and short term holders as year ends are known for bitcoin prices to rise up significantly.Sometimes, technically analysis makes people believe into falling of prices and weak hands are just obeying to those analysts. I am sure the current downfall is just a trader's cause and bouncing back may happen at anytime soon. There is no need of consolidation phase as this is not the first time prices testing below $7000 levels.
I felt a bit disappointed while watching the price stumble under $7000. I thought that $7000 will be the bottom of this cycle however it isn't. And that feeling I have is a normal version of me. It is true if we are about to comparing the price at the beginning of the year, we're still up to. I don't panic and I have experienced this scenario for so many times. What we have to do is stop looking to the charts temporarily if you are a holder, and dont rely too much on your emotion because you might feel to panic sell.
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.
Yeah, there is no need to worry about but there are a lot of us here who are still panicking and making a panic selling because of a dump. Well, we cannot blame them because that's a normal reaction for those who are losing their capital especially to those who are still beginners about bitcoin. In my opinion, the value of bitcoin which is over $10k is already overpriced and that's is just a bonus to us if that happens so we can sell our bitcoin in a very good amount. 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 $20,000 sometime mid next year and probably quite a bit higher by the end of the year.
Holders panic today and sell
The price took me by surprise. I told the ones predicting this that they are wrong. Woah.
But no, holders don't sell. Only some investors and (many) traders have sold.
Holders remember that the price was not long ago 3300$
But then, holders dont visit this forum too much.
I dont come here every day, and I barely talk about bitcoin with anyone.
But what about those who check the price each hour?
Will they hold when bitcoin falls to 2k?
How can you call your investment "long term" if you check the price every time?
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.
It is a good opportunity for those who wanted to add more Bitcoin in their stash. I agree that there is no need to panic since we are still above the pricewhen the year starts. This is a natural occurrence since this thing happens very often as this kind of high fluctuation is the norm of the Bitcoin market. We just need to have a strong hand to not be affected in this current drop of price since we all know Bitcoin have capability to rebound .
~snipped~
Bitcoin's environment is not complete without those who panic. That's part of the system since bitcoin's inception. It's even more surprising to me to see that while bitcoin price is decreasing, I never see such panic behavior. It's
.Don't say "No Need To Panic" but instead let them panic, let them feel how strong the volatility of crypto is, let them know that putting money on BTC is not a joke, let them know that expecting too much will result into disappointment, let them experience what we feel before -sigh-.
People have different views on this matter. Let those positive and negative flows. No need also to give those who panic some enlightenment or friendly advice. They will realize soon what's the best thing to do in times like this.
Damn you are definitely right, right there mate. People tend to out burst their uncontrolled feelings whenever the market goes down, which is we had in the first place to avoid for a reason that market always change in a matter of time. It is in the nature of crypto currency itself to abruptly change though. So when it goes high, expect it to get low.
Jump to: