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Topic: Please help me to understand what is happening right now. The value of my bitcoi (Read 1677 times)

full member
Activity: 196
Merit: 101
Bitcoins are flactuating, Rising and falling I mean that it drops it will also drop the value of your bitcoins and if it increases it of course will also increase the value of your bitcoins. Similarly, the price of bitcoins has increased. And I'm sure I'm about 2x the price of $ 10. That's it and you have nothing to worry about. Because if there is a drop there is also a higher and higher than you expected
jr. member
Activity: 53
Merit: 10
Just thinking the same. If he had 10 $ at that time, he will be happy today to have ~12.50 $  Grin

But be very careful! See my signature.
sr. member
Activity: 602
Merit: 250
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

I guess you have recouped your 10$ and earned even much more by now  Cheesy
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I dont have any investment here. And i want to earn coins and how to convert it to cash.

Probably you don't have a clue what is really going on around here.
Those coins you want to bad are basically money.
You want to earn money and then convert it to other form of money.

Claiming that you want to earn "coins" shows clearly why this FUD/paranoia is going around here.
Too many are around bitcoin just hoping for "free cash" and too many are treating bitcoin as an investment rather than seeing it as what was actually meant to be : "money".

We need some "authority" to impose somehow all future bitcoin owners a mandatory 8 hours course reading of what BTC really is.

 
hero member
Activity: 994
Merit: 544
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

I also losing a not so good amount of bitcoin but I am holding mine.  I will not do the same mistake again selling it.  I know that it will goes up again.  I believe in it so it will happen.  It is natural for bitcoin to goes up or goes down.  Its price is volatile.  Trust me it will goes up again.  This is all because the Chinese government prohibits bitcoin.
sr. member
Activity: 1400
Merit: 259
I think this is normal. China have issued a -temporary- ban on ico's but some people are panicking.

it is a bit beyond this. the market reacted to the ico news with the initial dip. then, as we were just about to recover from that debacle, the so far unsubstantiated rumor about the Chinese exchanges closing brought the price down AGAIN. we still only have a single source of this rumor, someone over at viabtc that made a doomsday tweet, i believe.

if the rumors are true, this is total shit. notice the price has been hovering in a narrow range, people across all markets are still kind of unsure about all this, and it is showing. at least we arent deadcat bouncing anymore, but we are far from out of the woods yet.

hang tight. worse case scenario, it will flash crash, instead of listing downward slowly. anything is possible, but the market is already poised to react, so this should be quick, if it does happen.

Thank you for a clear answer to ICO news.
I think it is really that exchanges are closing that made a big impact with the value of bitcoin.
There will be a sure selling spree with the users that owns coins there. What else will they do if ever that happened. If it is just a rumor, then someone should be punished doing this right?
full member
Activity: 196
Merit: 100
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

Most people who have been around Bitcoin will tell you about its volatile nature.  They will also tell you to hold.  This is good advice.  You should do this.

When you feel more confident about the cyrptocurrency market you will not feel apprehensive about falling Bitcoin.  You will rejoice.  Rejoice because you will consider these dramatic decreases in price a discount.  You will save some fiat for this very moment and buy.  This confidence will come with experience. 
sr. member
Activity: 365
Merit: 250
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.
Yes, before August one, everyone was afraid with lots of “bitcoin is gonna die” and “the end of Bitcoin” stories everywhere on the web, so it dropped even down to $2.5k+. But surprisingly around that August 1st, the price boosted, and we were hitting $3k, suddenly.it was $4k omg. So keep calm
newbie
Activity: 2
Merit: 0
I dont have any investment here. And i want to earn coins and how to convert it to cash.
hero member
Activity: 1426
Merit: 506
Im am a newbie. I just heard about this bitcoin. But i dont know what to do? Can anybody help me?
What kind of help you are looking for,did you invest in bitcoin and thinking what to do and if that is the case,my only suggestion would be to hold your coins for a longer time so that you could profit multiple times and buy more coins if you are capable of when the price slides down,if you are looking to learn about bitcoin just go through the newbie stuff and learn things.
newbie
Activity: 2
Merit: 0
Im am a newbie. I just heard about this bitcoin. But i dont know what to do? Can anybody help me?
member
Activity: 98
Merit: 10
pal if you cant accept the volatility of bitcoin you must not invest on it at the first place, in the market even in stock exchange everything happen in a minute or seconds, it can go down or up this is one of the characteristic of bitcoin, dont get panic on the announcement and ove of chinese government banning of ICO and Shutting down exchange, maybe they have plans about it for good. Bitcoin is going down right now and it is the good time to buy more soar more, it will increase soon. Our ecosystem are not going down, together with the population everything is going up so does the market, sometimes it need a little correction. so buy more bitcoin as it price go down and hold it till it reach 5000$ again and so on.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
No need to panic the prices of bitcoin remain volatile throughout the year, today it might be down because of China's ICO ban news tomorrow it might be up because of some good news about bitcoin coming from some other part of the world and don't forget we still have November ahead of us when it is expected to go down further so simply consider it to be a continuous process which keeps taking place throughout the year all we need is patience and not panic and make some wise decisions like buying at the dips and not indulge in panic selling.
full member
Activity: 176
Merit: 100
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.
Wait for the moment and at the next fall, try to buy more, and then you will beat not only $ 10 but even more. The main thing is less panic than a cold mind.
hero member
Activity: 909
Merit: 508
I will not repeat, what experienced members here in thread already stated. But will give an advice: Before you invest into cryptocurrencies or anything else, make a good research.
Bitcoin is at nearly highest point it ever was. You can see the
price trend for now and past for example on coinmarketcap. So it could be, that BTC could pull back. I don't believe because it is still in uptrend with little downs. But to invest with poor knowledge and then panic was one of my specials and didn't help my profits.  
hero member
Activity: 2646
Merit: 686
My bitcoins continue to tumble what I will do I have already lost just 10 $ ago by the chinese goverment to stop the operation of the ICOs and now also stop the Exchanger in China. I do not want to reduce the value of my bitcoins yet. Help me enlighten my mind. And explain to me what's happening I'm just a beginner here so I'm scared. Please do not tell me anything bad.

You need to relax first, Bitcoin is risky every one knows this. See Bitcoin prices are being effected due to news from China and that's leading to massive panic sell. Once this news passes away and people start buying it, prices shall shoot up again. Unfortunately you can do nothing about the price drop, would advise you to keep calm and not look at the prices for the time being, if you don't need the funds keep them locked, sooner we shall see prices increasing and you will have your profits back, just be patient and don't do any risky sell.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
That is how it will be always.
You have to get used to it or you will always panic just like what is happening now.
Bitcoin price goes up and down but mostly it is rising. You will just have to hold it and let it be. You could wait and not look at the price for now because looking at will just stress you more.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Just hold on to those coins and don't be scared about the news or the price going down. Negative news regarding bitcoin market will affect bitcoin's price causing it to decrease but we just need to weather the storm on this one and bitcoin's price will surely increase again.
hero member
Activity: 924
Merit: 511
Do not bother about your $10.You just need to keep patience.You investment can even drop more in value but if you have analysed the crypto aspects,you woupd not feel fretened on its volatilization.
This  generally happens in the crypto market and traders love the up down movement in this market because soon after some other countries would accept btc and you will see the situation growing rapidly.
newbie
Activity: 14
Merit: 0
Bitcoin is subject to the forces of demand and supply..and sentiments..so your value will always fluctuate . But in the medium to long term it will certainly go up.
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