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Topic: panic or to be calm - page 6. (Read 2164 times)

full member
Activity: 420
Merit: 101
March 16, 2018, 03:48:53 AM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry

I am not certain whether the price of Bitcoin will continue to slump down in the next days or start doing a U-turn and will instead be directing upward. I hope it will be doing the latter. However, this is for me immaterial. What is important for me is the performance of Bitcoin in the longer run. This slump down of the market is definitely just a movement on a short-term basis. We have been through this kind of slump down over and over again and yet we always see Bitcoin emerge very much alive and unscathed and even returning with a lot more strength.
Of course it is better to be calm than to panic. After all this price drops are existing way before bitcoin could even reach the spotlight of media it has been in right now. If you're only here to make profit and you don't really care about the potential and promising future the technology of bitcoin wields then I suggest you cash-out your investments and leave. We don't need people that are self-assured and only cares for themselves in this industry.
member
Activity: 350
Merit: 10
March 16, 2018, 02:01:43 AM
Do not panic because the price has not decreased forever, it is always recovering and at this time it is better to have the patience to be calm
full member
Activity: 476
Merit: 100
www.daxico.com
March 15, 2018, 09:33:24 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry

I still feel unshaken because i have seen this many times before and i am also waiting for the dip so i can buy more. There is really money when the market is down and it's always been a good chance to buy those strong coins that goes down too.

full member
Activity: 658
Merit: 106
March 15, 2018, 07:24:06 PM
Of course Bitcoin will grow, but no one can tell the timing. It can grow in a month, two or six months.

I agree, no one can tell what exact price of bitcoin this year 2018 but i'm pretty sure that this year bitcoin value rise again so i think this is the time to buy bitcoin or if you have one just hold and wait for the time will comes before you sell it.
member
Activity: 294
Merit: 13
March 15, 2018, 07:05:52 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry

This dumps don't seem to be related with news, or bitcoin development. They actually look like coordinated sell outs to crash the market and cause some panic. Some say it's Mt Gox sell out, maybe it is, maybe it's not. It's hard to tell, but they don't look natural, so they should be over eventually. Or maybe it's from rich people that don't believe in bitcoin, or that just have so much coins, that they simply want to sell out a few, without completely destroying the market, so they do these sell outs in a timed way.

Either way there is a lot of selling pressure right now, and it's hard for the market to follow the good news that we are getting in terms of bitcoin development and adoption.

I would say don't worry about it. The sell out sill eventually stop, and since LN is near, and adoption should probably happen in the future, the markets will eventually resume a very positive trend.

It is an important thing to do analysis for the trading, if seems that you did news analysis to be classified as fundamental analysis if linked with trading theory. For further understanding of trading, this thread perhaps useful : https://bitcointalksearch.org/topic/just-a-little-guide-for-new-crypto-traders-2960563
member
Activity: 259
Merit: 10
March 15, 2018, 06:39:30 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry

This is normal situation for crypto market.
No need panic. This happen every year.. you can see it on chart.
Hold now.
Yep, that’s right. Recently, cryptocurrency especially bitcoin market have kept going down currently,which makes many bitcoin users feel panic. I think it’s not surprised too much because as far as you know that cryptocurrency is well-known for its volatility ,there are many times it comes down strongly ,but it still recover again. Most of us should not be panic, keep your head and hold it .Everything will be alright as long as you have patient enough to face with this problem.
member
Activity: 252
Merit: 17
March 15, 2018, 06:34:45 PM
For some kind of reasons it is quit hard for some people to control thier emotions especially if thier future or money is on the line. But if I will be ask if what should I do especially if the value is decreasing I will simply say that keep calm it's normal. If you will be on a state of panic in every time that this scenario is happening I suggest you should go back to basics. Think again if you really know what kind of industry you have entered. Ask yourself if you are really ready to do this things. Because for me it is not enough that you have an capital to start here, it is not only the knowledge that skills needed. It is very important to have an emotional control in order for you to overcome the fear of losing.
full member
Activity: 476
Merit: 100
March 15, 2018, 06:24:42 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry
You can actually answer your own question! I mean, nothing good usually comes out from panicking. You won't be able to think properly if you let fear eat you up. So you have to compose yourself and come up with a game plan.

REMEMBER, IF "PLAN A" DOESN'T WORK, THERE ARE STILL 25 LETTERS LEFT IN THE ALPHABET.

Check the history and you will see a similar trend/pattern. Make this your guide.  
sr. member
Activity: 1876
Merit: 259
March 15, 2018, 06:23:39 PM
I personally will remain calm even though this time my feeling is not good to see the current bitcoin movement.
we must be ready to accept all the risks and do not need to complain.
member
Activity: 182
Merit: 10
March 15, 2018, 06:13:01 PM
panic will only make us lose and get a small profit, so now it is time to be calm to get profit, do not panic sell and do not worry with market condition because market will recover.

Panicking will never result to anything good. Let's all be calm and patient. We already seen how great this market is. Price drop every now and then. The market somehow fail on the time being but it doesn't mean that it will not recover. It will. So stay calm and don't panic. Take everything as an opportunity. Price is low? Then buy more.
newbie
Activity: 23
Merit: 0
March 15, 2018, 05:39:24 PM
Always calm. Never panic.

Reverse engineer yourself, and ask, why do you want to panic ? If the market is bearish, and if you aren't prepared to lose (even if you should have been in the first place, first rule of trading in crypto) pull out your investments, and give it some rest from the market.

If its a bit more complex for you, I suggest you read "The Obstacle is the Way" by Ryan Holiday. I am always implementing the tactics and the ideology from this book into crypto trading and investing, and it helps.
jr. member
Activity: 280
Merit: 2
March 15, 2018, 05:35:12 PM
nor that so can not be destructive as a panic, it decides everything where a man will go! I recommend to keep the cold reasoning and treat everything playfully and with pofigizmom)
member
Activity: 574
Merit: 12
March 15, 2018, 05:24:19 PM
everyone seems scared at the moment but look at the great potential bitcoin has, the price will go up and stabilize soon. at the moment bitcoin faces set backs just like every other lucrative business. just be calm and believe it will be normal soonest
full member
Activity: 294
Merit: 100
March 15, 2018, 05:12:55 PM
No one can really command someone on a situation we are currently experiencing right now.
But as for myself i am just disregarding the great dip we are having right now.
Because i firmly believe that one day cryptocurrency will find a way to bounce back higher than ever.
member
Activity: 203
Merit: 10
March 15, 2018, 05:09:59 PM
The price is sure to return to its previous position, you absolutely should not panic. It's pointless.

Yes, cryptocurrency will rise back im very sure of it. Throw away our doubts at bitcoin and altcoins because it will just pulls as down. For so many years until now bitcoin and leading altcoins was proven itself that it will recover after market dump price and annually it rage up and it goes higher, more valuable as years pass by.
hero member
Activity: 1098
Merit: 500
March 15, 2018, 05:00:27 PM
You must be new to bitcoin. Now we all see a market drawdown, which comprehends the cryptocurrency regularly. This is a normal phenomenon that will soon pass. You shouldn't worry.
member
Activity: 134
Merit: 10
March 15, 2018, 04:55:24 PM
Of course i will go for calm not panicking because no good will help you to justify your stress, so you really need to be a long-term trader so it's better to just calm down and wait.
full member
Activity: 490
Merit: 101
March 15, 2018, 04:47:52 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry
Bitcoin has fallen below $ 8,000 for the first time since the middle of February after Google announced that it would introduce a ban on advertising of crypto-currencies and related services in the summer, according to the data of the auction. Google reported that since June this year it will introduce a ban on advertising virtual currencies and related services, including ICO (initial public offering of tokens), exchange of crypto-currency, crypto-currency wallets and trade tips. The social network Facebook at the end of January banned the advertising of crypto-currencies, ICO and binary options within the framework of the new policy, which implies combating misleading advertising.
jr. member
Activity: 108
Merit: 2
March 15, 2018, 04:37:11 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry

it is all propaganda, bitcoin is backed by nothing. It is only a self-full filled prophecy.

https://www.mail-archive.com/[email protected]/msg10162.html
https://sourceforge.net/p/bitcoin/mailman/message/21356305/
newbie
Activity: 10
Merit: 0
March 15, 2018, 04:33:15 PM
the more days the bitcoin price slumps down, how do you think, whether the price will stabilize or it will keep falling down ,, seems like I'm getting scared Angry
This dumps is continue to this month because many big problems are occur in the crypto market and many politics are happens in the crypto platform so most of the investors are afraid in current situation but I hope this will be recover soon. I think it will be recover in June or July because every year June to July is the best time to cryptocurrency.

Agree that June it should pick back up again. This year has been a rough start to crpto with all the negative news.
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