What if Bitcoin price drops even further? - page 2.

raven7886

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Quote from: hase0278 on March 15, 2018, 06:38:45 AM

Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

It is possible to happen considering that bitcoin price movements has been up for a prolonged period of time and lots of uncertainty are going on(because of FUD's. I don't think it will fall back to as low as 2000-1500$ though if that happens it will be a real dilemma and we might see sub 1000$ again. Either way, the price is better comparing to when it was sitting at 200-500$ so it is not bad. Just don't panic sell for now it is wiser to hold.

Yes, anything can happen and from the look of everything most especially with the low buying pressure, any slight panic can cause a quick sell off very fast. If we end up seeing a really low price at the end of the day, it would really be crazy but at the same time be a whooping time to get back in at a very sweet amount knowing that may be hard to come by ever again in the future.

If it drops further then we buy further. First, bitcoin's value went way below $6500. Secondly, going further down does not mean it is the end of the world or the end of bitcoin, as that apparently gives an opportunity to buy back under-priced and if anyone is willing to give me at that price, I would be willing to buy it.

OP's question is what if, and the answer is, it changes nothing and we should stop listening to everything that we hear unless we can make decision all by ourselves and if we cannot, just hold because we may end up selling at the wrong time.

removebeforeflight

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Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

Simple message to you is wait until Bitcoin price is up to gain profit. Bitcoin or any crypto market is volatile always and the price drops frequently but rises double the price where it got dropped frequently. Current price of Bitcoin trend is growing or rising and now it has reached $9000 which is a healthy sign for crypto lovers.

carlisle1

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To tell you the truth?i dont really care if we get deeper than last year,because my funds are programmed to be withdrawn in right time,thats why im just laughing on those panicking and those weak hands,whos crying when they just saw a small amount of dropping in bitcoin price

OrangeII

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Quote from: Claudyah on March 21, 2018, 06:02:21 AM

huge losses, many people who go bankrupt because it is investing in bitcoin, while the government will not be responsible for it, so it is equal to gambling all the risks we are at

if you do not want to take risks, then you will never develop, and forever you will work in someone's company. bitcoin provides an opportunity to change our lives. well, I know, that so many people go bankrupt because of bitcoin, but on the other hand, so many people become successful because of bitcoin. if the bitcoin price goes down, for me it is an opportunity to buy it.

Claudyah

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huge losses, many people who go bankrupt because it is investing in bitcoin, while the government will not be responsible for it, so it is equal to gambling all the risks we are at

Dreamchaser21

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Quote from: dreico on March 20, 2018, 09:08:11 PM

if this happens it's a chance for many people to buy it at a low price, I definitely will not miss this moment

That’s right and for sure bitcoin will not be on that floor for almost 1day because a lot of investors will come and the price will go high easily. For me there’s no reason for panicking because in the long run it will soar higher.

Ghayoor

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Quote from: naidray on March 20, 2018, 04:26:11 AM

Quote from: DeathAngel on March 15, 2018, 07:03:59 AM

The price can always go lower just as easily as it can always go higher. What we are currently seeing is panic selling based on the fall out from the Google news & that MtGox trustee douche dumping many coins.

Google news was never the problem and anyone that has ended up seeing a problem from that and dumping as a result of that is obviously not serious. Just the same way bitcoin did, Google had every reason to restrain cryptocurrency adverts as a result of scam, and so what is so bad in that which a lot of people are finding it hard to understand.

Although, the MtGox trustee is a contributing factor and since he has decided to do his stuff, I guess we will just need to see how the whole thing turns out. Even if he has paused now, that does not mean he would not still reconsider it based on whatever the court says.

i think there is no chance of it because its normal some time its price will be high and some time its price will be low so there is no need to worry about anything because bitcoin dont compromised on its price even when bitcoin price come low still its price s high then any other currency.

dreico

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if this happens it's a chance for many people to buy it at a low price, I definitely will not miss this moment

airdagon

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Quote from: Zuilhsa on March 20, 2018, 01:34:46 PM

If bitcoin price drops very low we have to utilize the chance in buying. I see here the price has recovered slightly making a hope that it trends upwards, most of the times the price is struggling around $8000 to 8500 range and I think this bear market has ended up here and the price could move successfully and make up a run up to $9500 within short.

I think the $ 95,000 figure can surely be exceeded, why? because bitcoin has Make Over its performance in a short time. Take a look
chart of prices, so many significant improvements occur. in my opinion, the price we expect at the end of April is seen OTW approach us. My prediction at the end of April this price will touch the $ 11,000 - $ 12000. if current prices continue to look green and increase, then the price I predicted this will most likely occur.

trand

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Well, if bitcoin drops even further, I will buy as many bitcoin as I can because I know that it is the opportunity for me to become rich. It is not always a good chance to buy bitocin in the last year because it was too high. Right now, I think it is very ok for anyone who wants to own some bitcoin for the future purposes

Clavulanic

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Quote from: speem28 on March 20, 2018, 10:00:15 AM

Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

If that were to happen, then that will be the more reason to buy more bitcoin considering the price is much more affordable than the price last year, when bitcoin is going to its highest price and people are also panicking whether they will jump in the train or not. Thinking and waiting for a dip to occur again to happen so that they will invest more again, but that did not happen until now.

The results is merely a positive ones if ever that will happen more will buy bitcoin, and technically this will brought another price spikes so bitcoin will pump again until to the peak value. More fuds will try to ruin bitcoins popularity this time, when price drops eventually. However those panic buyer was just waiting to purchase at certain level that bitcoin started to rise for a few days, but the real score here was btc remains unpredictable for a series of days this month of march and we couldn't pin point exactly when or how it may became more frequently pumping nowadays.

Greenkarki

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Quote from: Zuilhsa on March 20, 2018, 01:34:46 PM

If bitcoin price drops very low we have to utilize the chance in buying. I see here the price has recovered slightly making a hope that it trends upwards, most of the times the price is struggling around $8000 to 8500 range and I think this bear market has ended up here and the price could move successfully and make up a run up to $9500 within short.

If bitcoin price is low it's a chance to buy bitcoin and hold it till the price is high. Before two days there is a price fluctuations, but the price is continuously drops. Today again the price starts to rise. It is a good change and if it continues the bitcoin holders will be very happy. So we expect again bitcoin going to be rocks in the market.

Zuilhsa

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If bitcoin price drops very low we have to utilize the chance in buying. I see here the price has recovered slightly making a hope that it trends upwards, most of the times the price is struggling around $8000 to 8500 range and I think this bear market has ended up here and the price could move successfully and make up a run up to $9500 within short.

Basmic

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Quote from: worle1bm on March 20, 2018, 12:05:23 PM

Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

Why are we even worrying about the price at this moment but we need to keep calm at this moment and hold for long term if we are seriously interested in gaining Good profits. This worry leads to panic selling in the market which leads to even more price dips.The prices might go down even to $5000 or less but it will recover in this year soon and reach almost $25000 by year end. Hope you understand the point which i am trying to explain.

I always keep calm. I of course have to sell coins sometimes even at a low price in order to cover their priority requests. But the bulk of the money I keep and will never sell at low prices. It seems to me that in such moments, the coins changed their owners, and after that the coins will be sold at a higher price.

jakagintiri

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If bitcoin prices go down, what should I do? I would choose to sit on the couch and watch my favorite TV broadcasts and do routine activities, waiting until the price rises again because I see a bit of positive news going on bitcoin.

glowing10

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Quote from: speem28 on March 20, 2018, 10:00:15 AM

Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

If that were to happen, then that will be the more reason to buy more bitcoin considering the price is much more affordable than the price last year, when bitcoin is going to its highest price and people are also panicking whether they will jump in the train or not. Thinking and waiting for a dip to occur again to happen so that they will invest more again, but that did not happen until now.

The more dips the ideal time to buy more btc at lower price. It will be always be helpful if you keep buying smaller qty regularly so that in future you will not regret when the btc rises like last year in 2017 where it made many people multi millionaire in a short time.

worle1bm

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Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

Why are we even worrying about the price at this moment but we need to keep calm at this moment and hold for long term if we are seriously interested in gaining Good profits. This worry leads to panic selling in the market which leads to even more price dips.The prices might go down even to $5000 or less but it will recover in this year soon and reach almost $25000 by year end. Hope you understand the point which i am trying to explain.

speem28

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Quote from: SillyGirl on March 15, 2018, 05:34:14 AM

I don't want to sound I am panicking, but the price of BTC has reached the lowest point this month. Checking on the chart of this quarter on 5Feb there was this dip when the price of BTC even went down to $6,500

I heard people around me they believe BTC price will even fall further. Is this really gonna happen?

If that were to happen, then that will be the more reason to buy more bitcoin considering the price is much more affordable than the price last year, when bitcoin is going to its highest price and people are also panicking whether they will jump in the train or not. Thinking and waiting for a dip to occur again to happen so that they will invest more again, but that did not happen until now.

airdagon

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I do not think bitcoin will crash any further, I see some of the coins have returned green and recovered. but, Do not count the ball goals until time ends in the world of cryptocurrency. if any bitcoin will go down, I do not think it will fall more than $ 7000. IMO at the end of this month we will get the price at a pretty good rate. I hope the following month its price can continue to grow until the end of the year, so that our hope to touch the moon will soon be implemented. you can continue to monitor prices here https://googleweblight.com/i?u=https://coinmarketcap.com/&hl=en-US

99btcwah

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Ever heard of this saying - Don't put your eggs in one basket. Bitcoin is only one of the many assets you can invest in right now and it would not be wise to tie your own future to it. As what the old timer's in investing say, diversify your portfolio. One can do very well on spreading your bets on the promising horses instead of gambling all out on a very risky favorite. It's from controlling the risk that one reap the gains.

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