Bitcoin Forum

I see many discussions about Bitcoin's current situation as "Bitcoin is dead" or "How long will the price go down?" etc...

Well, here's an explanation:

Are You an Investor or a Gambler?
Think about it a little. When you bought Bitcoin at $ 19k or $ 12k, did you know what you were doing or came into the excitement of the moment? If you bought for this price, you should have at least a reasoned opinion that the asset would go up higher. After all, no one buys expecting price drop.

Did you buy Bitcoins using major money in your personal expenses or used a cash reserve?
I saw many people taking loans to buy Bitcoin in December 2017! This is not correct, who is an Investor, uses only the money that is left over, not the money that is needed. You can never use your money in the "expectation" of profits in the short term!

Why is the price dropping?
Bitcoin is undergoing a phase of correction in its price. This is quite common in the stock market for example. When an asset rises abruptly (irrational pricing), it is normal for it to have a value correction (rational pricing).

Will the price rise again?
After the high of December 2017, we could see many people, mainly without knowledge in this market, who saw news like "Bitcoin valued 10,000% in the last 6 months" and began to buy only by the excitement of the numbers. Now, these people who bought Bitcoin at $ 19,000 are desperate for the steady fall in price. Many people are selling accepting a loss because of their inexperience.

Should I Buy or Should I Sell?
This is up to you. Before you make such an important decision, study the market. Returning to the high price situation in December 2017: do you think big players were buying at that time? with the price at $ 19,000? Come on! The answer is NO! They were selling. They bought while it was cheap and sold on the high. This is the difference between Professionals and Amateurs. As one buys low and sells on high, the other buys on the high and sells low. If you want to be an investor, study it. And, more importantly, do not make decisions based on news!


If you identify with this short article, I hope I have helped!  ;)

Bitcoins price is not stop falling,  i will do in this time example, when bitcoin price is going fall in the market when we are buy bitcoin in this situation.
And bitcoin sight always go rise up and fall down, now its falling down and same day's later it will rise up surely. So we need to ready for all situation for bitcoin.
It is my opinion, thank you.             

1  When the price was rising; the speculators; gamblers; big players were spreading rumours that the price will touch 40-50k.  And they succeeded in making fool of innocent / greedy / less knowledgeable persons by attracting them for buying.

2  If anyone invests in such speculative market by taking loan it is the foolish action on the part of that investor.  Only surplus money should be invested in any market where speculators are active like crypto / stocks etc. 

3  https://www.cnbc.com/video/2018/08/08/bitcoin-price-falls.html
"The price of bitcoin fell sharply on Wednesday. The drop came after the Securities and Exchange Commission postponed its decision on approving a bitcoin exchange-traded fund (ETF) proposed by VanEck and SolidX. This is VanEck's third attempt to push a bitcoin ETF through."
 
4.  Up and down in price such speculative markets unchangeable truth of crypto / stock markets.  Speculators / gamblers / big whales will never sit silent.  Their bread and butter depends on fluctuation only.  If the price stables at one point ; they will not allow such status. 

5.  Yes ; always swim against the current of the river.  Buy in bear market i.e. falling market and always sell in bull phase i.e. rising market. In this way you will earn and remain happy.  This is the time when real investors / small investors should invest their surplus money in crypto bitcoin.  This is perfect time to enter.

That cannot be helped. They are seeing the market price keep dropping, so they think crypto will be dead.
What we must do is not to spreading the negativity about bitcoin and other coins.
Look for the positive point of view such as, you can buy the coins with very cheap price now.

Right now is not stop falling is always green a little bit then boom dump again so sad. the predict the 2018 dec bitcoin will be 50k$ is impossible right now

If you are new at this and you just want to start investing and trading ,this is the right time to do it if you compare the price of Bitcoin in last 10 months.And  if you believe in this technology you can´t do much wrong.But...this kind of business is very risky and time like this can allways happen

This is a good time to accumulate more bitcoin.

The best advise is to stay calm and keep your emotions in check.  Don't go around panic selling like a young buck.  Once calm ask yourself did anything really change since you bough tin originally.  If the answer is no and you have funds start DCA in.  If your out of funds chill, relax and wait for it to come back. 

Do? There is nothing you can do about the decisions of others. Because we are evolving an "investment" based economy I would guess that we have only seen the beginning of volatility. It could get much wilder.

I'm out of trading for now , I can only buy when I noticed close to bottom dip on the chat and I will buy it with ladder technique and sell the bounce , I will repeat the process again

I agree with you! For me, we are in an excellent time to buy bitcoins and wait for a next high.

In the end of the year many of investor will come back to invest on BTC I hope then BTC will return it’s old face again. So we have just one task to do now that is ‘be patient’.

let's accumulate more bitcoin and ready for the bull run again as last year. This market situation will not last so long, it will again will be green and more news will be boost the price movement upwards.
In the end of this year  or at the start of next year we will be able to get good profit from our investments. So keep your bags for now and buy more if you can.

Bitcoin's moves is normal for me? Are you really a trader/investor? Well my friend, you should try to know about the basics of trading and the basic rules of investing.

What has killed it, why do people keep spreading negativity instead of maintaining the positivity. bitcoin would come back, that i am so sure about.

What I'm trying to say is that many people buy without any kind of analysis. People buy Bitcoins based on news, and now they complain about the downfall of Bitcoin's value. I was in December, I was impressed by the great appreciation, but that did not make me buy.

Actually btc does not fail but altcoins fail now, btc still above $6000 but there is no clearly bull trend now.

I think the same thing.

There are many coins that price has not stop falling. The price of btc does not increasing from the start of this year. We have to hold our btc than selling it is our need to be patient.

Right now bitcoin prices are going down as the current market is full of manipulations. Lots of fuds going around with the latest one regarding to ETF and regulations in many countries.

Many analysis result came against of BTC. And the result speak that BTC are going to dead. But there still have some hope I think and wish it will be come back.

If we're investors, don't worry too much about the decline in Bitcoin prices during this period. We can draw firm reasons from Bitcoin's historical experience.

Yes! You're totally right! This is exactly the point I want to reach.

Simply waiting and stocking up is the best solution.

Nothing to worry. people think that this is the end of bitcoin, but the thing is it is an opportunity to buy coins and stake or old it so you can get better price in future . it will not fall

BTC will be dead it’s a common caption recently because of it’s declining value. But I hope everyone need to be patient and in future it will be show it’s magic.

Great topic there KingBit.io

I really appreciate people like you who goes out to the field and boldly try to explain what's happening.

This article will surely educate a lot of crypto enthusiasts out there specially those who are beginners in the market as you touched major concepts to explain the statistical truth on trying to invest on bitcoin.

And with your "study the market" advise prior investing on bitcoin, we will perhaps see inexperience people par with the experts (over time though).

It is a matter of worry right now but all I can say just stay calm and wait for its rise up again as an advice.  You can not but wait. Stay calm,it will fix the problems soon.

On one hand, its really bad for those who are bitcoins holder, some people might even get emotional attacks but on the other hand its really good for those investors, who were willing to invest on bitcoins, but because of its high price couldnot do that. Its obviously the moment, that all the investors were waiting for

If price is falling. Buy and hold the coin. Wait for the some week. It any time to increase. But you want to know the price up and down information check the market price. Everyday time. Then you know all information. This information help to buy and hold the coin long time. Before invest choose the coin then invest. So time is important of this working process.

Market ups and downs are normal in crypto currency market. Though bitcoin's price is going down,but some different analysis says that it will rise up again. It is a big platform. It won’t diminish this way.

Well i see nothings news about what you have said,all your arguments is just a daiky happening and a story of many people in cryptocurrency..what I dont believe most is that when you said there are still a correction in the value of bitcoin while it has been corrected for how many times this year

Don’t worry much for this. It is normal. You can buy more bitcoins because its price is low now. When the price will rise up,you can sell them in a high rate. Think positively.

btcs value is too low I accept it. but this has always been the case since this bitcoin was put on the market. so it is not right to be seen as a gamble. this is about using statistics and taking risk.

Thank you BitcoinPanther! I'm just trying to calm people who think they're 'losing money' at this point of falling price.

Right now waiting seems to me a reasonable decision according to my opinion. With the advancement of system, BTC might take a positive turn. If BTC ETF gets approved then I hope we will be able to its price go higher.

Selling wouldn’t be a good option if you have already bought bitcoin at high price in my opinion. BTC market is acting as stock market. I guess, You will never know what is waiting in future if you already accept the loss.

I agree with what you write, I hope everyone in this Forum reads so that they can share it again with the beginners, what I want to strengthen is the issue of investment money, even though currently the price of Bitcoin is cheap but still you only use the remaining money, not money needed, let alone having to borrow from the bank because we don't know when Bitcoin will rise again and give you a good return.

All investor are gambler cos whatever you are buying it is a game of choice either loss or profit. Meanwhile whoever buying bitcoin at this current market should be thinking of buying with a spare money and not money that will affect it purse

Exact! People need to leave the excitement aside when we talk about investments.

Not much you can do in this situation but HODL. Or use the setback to your advantage by using the lull to raise more funds to accumulate more.

It's very simple.
You have only 3 choices here.
To buy more, to hold or to sell.
You are the only one who can decide about future action here.
Everything depends on your expectations and faith in the bitcoin right now.

This drop is not significant and there is no reason for panic. If you don't realy need fiat money, don't sell. This is just usual correction, nothing serious is not happening with Bitcoin and the price will recover, just be patient for a while.
In fact if you have some extra funds invest it further to Bitcoin, this would be good choice.

Anyone with extra funds and some courage should be buying up right now. Not just bitcoin but altcoins as well, it is a buyers market now and it might not stay this way for long. Fill your bags and count yourself lucky.

When someone comes to buy BTC he/she should keep a mentality of investment not to do frequent buying/selling. I think its time to hold on but if you don’t want to risk your money then no one is stopping you.

Is bitcoin price continues to go down then there is one thing I will do and that is to buy more cheap bitcoins. Instead of getting worried of the price decline why not take this opportunity to buy cheap bitcoin and add to your holdings. I do believe that price increase and price declines are natural in bitcoin so instead of panic selling I would rather buy and hold.

price is decreased day by day and panic seller start to sell their bitcoin but i think this is the great opportunity to buy more or HOLD because bitcoin will be move up very soon and you will get huge profit don't sell just hold.

I think we should think positively and hold it for a long time. I have seen Bitcoin price drop to $ 5k per coin, which is too bad but it has risen back to $ 8k3 after 2 weeks.
So the market is pretty predictable. You should invest now before ignoring that opportunity.

In my opinion, LET THE PRICES DROP. You know what I believe will happen? New waves of investors will "get in" while they can as prices plummit which will certainly help to stimulate prices. Also, we all know how BIG of a player the PRESS is when it comes to spreading the word about cryptos. In fact, poor press coverage is responible for many ICO failures.

My reason for mentioning the media up is that no news is bad news; no coverage is bad coverage. As we see such large percentile drops within a short period of time (this is the lowest of the year) more outlets will begin to release publications covering the topic.

This means, quite literally, that the declining prices can (and probably will) not only have a turning point but a strong one at that.

your article are helpful. every crypto people should read this article and keep store it. because here is more useful guidelines. bitcoin price will rising and it will make profit. you should study more before invest.

I think its not true. As I know bit coin price is now stable and it will increase. I think it’s the high time to buy bitcoin. Those who want huge profit he/she can bye it now.

At the moment, the FOMO bitcoin effect is the same as the FOMO bitcoin increase of the period from December 20, 2017, continue to wait for good results from the market, think the good side of the current time is the new people can owns bitcoin for the best price

For people who believe that someday bitcoin prices will soar compared to today's prices, of course the current price, when there is a decline, is a good opportunity for them to start investing their money. But for those who are hesitant or even do not believe in the future of bitcoin, they are free to sell the assets they have. So, what to do is depends on the confidence of each individual.

They dont stop falling to the end of year.
I think need divide 20-30% to the usdt and rebuy alt when new deep reached

if you already have bitcoin, the only way to wait and hope for growth. If you are only planning to invest in bitcoin, you may need to wait for the further fall in price, follow the news and when the upward trend begins, you can buy it at a low price.

Panicking and shouting on the forum those who are afraid, who can not cope with his fear. If you come to the investment market you must learn to see what others do not see. Some panic, and others are waiting for a great moment. I'm not telling you to buy, I'm telling you to watch and act.

I think that when investing in btc is no longer a good profit then you should  invest in an Altcoin. That means you have to accept losses to get a withdrawal from your investment in btc. But altcoin is rarely a price boom like btc, but its fluctuations can also make a big profit. Because the Alt prices are usually quite low and we can buy in bulk. That is an option, but you can wait for the btc price to return.

Exact tazmannia! If you are an investor, you can not be on the panic side, but on the strategic and rational side. You need to see the opportunity through the panic.

If the price of bitcoin is not falling than we can use alternative coin which are more stable than bitcoin and use them instead of bitcoin.

yes, the possibility of a turning point for rising bitcoin prices is when the ETF proposal is approved,
when that happens, of course buy demand for bitcoin will increase, indirectly it will definitely boost the price of bitcoin,
so we just have to be patient a little longer to see it happen .

No doubt! It's a very good time for buyers!

For those who have not bought it yet, an altcoin can be a good investment. But who already bought bitcoin, I suggest hold and wait. Selling now because it's falling, it'd be crazy.

True, you haven't lost anything if you are just hodling your coins, for me the worst idea now could be to just sell anything you have, there is still lots of chance that market will get on a good way again.

Personally if you see price keeps falling then time for you to buy some altcoins don't even wait. This is the right timing to buy some cheap bitcoin price. Guys the last bear market was the same thing happen last year. Think out of the box how bitcoin will increase after this bearish season.

It’s a common scenario of this market because price can be ups and downs at any time. I believe bitcoins price will not fall down below $5000.so you can accumulate more bitcoin.

When an asset is tending to fall back on price, it is extremely difficult to determine if it has hit bottom or not to buy bitcoin. However, using technical analysis, we can at least give you a rough idea of the price, which can help you a lot. Remember that as the panic spreads, the downturn can surpass your imagination. Therefore, traders should carefully evaluate the situation

All that we can do is just pray that this problem will be resolved sooner or later. Well we can't do anything we just gotta stay focus and keep on track. We can't allow this downfall to consume us and get into our mind. We must keep on striving to our goal and wait until bitcoin has come back to its normal form and we must celebrate.

when the price of bitcoin doesn't stop to go down then what I do is to stay calm and I will try not to panic and I will hold the bitcoin I have, I hope the storm will pass and bring good news

Yesterday Total Market Cap (TMC) was 195kkk $, today it was increased up to 205kkk and we can see small growth (4-8$) for TOP10 CMC Positions.
But in my opinion - it is not the end of depression either...

Currently, we can not predict anything about the price of Bitcoin and altcoin!
Need more time!

Bitcoin is not dead but still its on a downtrend and prices seem to be decreasing more and more. Market is being manipulated by large stake holders and they will continue this thing as they want.

in time bircoin market is not good,  but in time we buy bitcoin seriously. And sell it when price up.
So when bitcoin price fall down, when we need to keep it.
we need to ready for bitcoin all situation.

If you already invest your money in bitcoin , then you must trust bitcoin to got your profit . bitcoin price can't stop falling ,yeah i knoe but i believe if in end of this year bitcoin will grow up like past year.

We all know that ups and downs of bitcoin price is a common matter in a crypto market. All we have to do now is to be patience and not get panicked by it. We need to focus and hold our coin until the price gets high.

Bitcoin investment should be done using your reserve found since it highly volatile in nature and again buying bitcoin now since there is a great dip in the price of bitcoin it best you keep buying and don't sale because any sale made now will lead to loses of your bitcoin but when you hold and buy more you stand to make great profit in time to come. My advice is if you can't buy more bitcoin at this period you should keep holding and don't sale out of panic.

It is completely normal for a price to go up and down. When the price goes down it is best to not panic and rush into selling coins...You should wait until the price goes up...It will go up for sure...in the next couple of years...

Actually due to some negative events in the recent time has made this to happen. Do not worries the price will rise very soon. We are hearing much good news regarding bitcoin which will encourage the investors to do transaction again.

Bitcoin dead again? Bitcoin never die because bitcoin is the first digital currency in the world, there is some manipulation in the market so it will affect in all currencies,Bitcoin price is falling I think it is normal case, if the market going up down is depends up on the trend of market, now days bitcoin has bad situation and other crypto currency also, it will be changed soon, you can see a good boom from bitcoin. I do not think so, currently the market is just going down according to the rules of the market. this is normal. Someone says bitcoin will die but I do not believe this and I will still invest in it.

At this time most of the people are asking again and again that what to do is to don't become panic and stay calm and control your nerves.This is the hard time for the small investors or to sell the bitcoin and have the less money they have invested in it or to wait until there invested amount and bitcoin rise or they either get the handsome profit instead of there wait time.maybe double of the investment.

What you can do? If you are a small investor just hold your investment and wait for correct time to sell it. Do not sell in loss.

Just stay calm. Even if it keeps on dropping, do not sell your coins. It is us, who makes this happen. If we HODL, then the price level will surely stabilize. We need to stay positive.

I think this is deatiled enough to show everyone what they need to know and do. Why panic. ? Did you buy for short or long term ? Are you looking for quick money. ? Did you invest wisely ? Can you afforf to lose your invested amount. ? If you can answer this well. , you won't need to panic or fear about any price fall.

Since the price is falling I think it is the right time to make investment. Buy small amount of coins so that you don't really make huge loss. Just keep your cool and hope for the best. Positive attitude helps a lot during such times. Don't listen to what others say.

When price keeps falling it’s the right time to buy more and more. Major crash in bitcoin’s price is nothing new. We should hold on to our coins and have patience. As soon as the potential altcoins start to deliver what they promised, then we should see a huge jump in the crypto market as a whole. Bitcoin will be the first one to make a major bull run.

though the price was falling for last few days but the good news is that it has come to quite a stable state right now, lurking around 6,000$-6,500$ mark. Hopefully, it will start to recover soon. But, till then, I think it is better to invest on Bitcoin right now as the price is low and there are a lot of events lined up in the upcoming months which might turn the tide to Bitcoin's favor.

I think im not worrying for btc price because it is not really falling. Most of my concern is the altcoins.
Most altcoins price are falling in the market. I don't really know what is causing altcoins price falling such in the market.

You have to think what is the purpose of your in crypto currency market and using bitcoin. If you are an investor in bitcoin then you should know that the price once have fallen will rise again. So you need to stay calm with your coins and wait for the right time.

You have to understand the purpose of your in crypto currency market and using bitcoin. If you are here only to buy and sell bitcoin then you should stop buying it. So you need to stay calm and wait for the right time.

You have to determine the purpose of your in crypto currency market and using bitcoin. If you are an investor in bitcoin then you should know that the price will rise again. So you need to stay calm with your coins and if you want you can buy some coins at low price now.

Keep holding and do not sell just to cut your losses because it makes more drop because you contribute to have many supply on the market. Remember that limited supply can make bitcoin to increase the price and that will be impossible when many come to invest but cannot calm themselves and keep being panic.

You can see this scenario of bitcoin both in positive and negative aspect. If you already bought bitcoin in higher price just buy more bitcoins and the price will adjust when the price will increase. And if you dont have bitcoin at all then this is the right time to buy it as the price will increase for sure.

This is the best time to buy more bitcoins and alcoins while the price are all falling.And for the bitcoin holders just keep on holding because I believed that this coming months,bitcoin will recover.

I think that's what this topic is trying to say. If the price is low, it is worth buying. And who bought on the bullseye, there is no choice but to hold until you value or make new acquisitions to lower the average price.

It is not falling it is just the market going high and down just like the other markets in the World. So it is just an another day, no need to panic. After summer holiday the cryptocurrency World will go up don't worry.. Just believe in the Bitcoin and HODL.

I believe if the person who decided to invest huge amount of his money into crypto-currencies are just for the sake of becoming rich overnight, there is usually a very high chance that he will stand to lose most of his investment as what he is doing is actually quite similar to gambling in some form of way, investors who do not intend to put aside huge amount of their money on investment for long period of time should really avoid taking part in trading, as you will never know how long the bear market will last once it started.

The market of crypto-currencies is the most volatile, so the fall in the price of coins does not mean the collapse of the crypto-currency. The market will grow, so it remains to wait.

SEll your crypto and then invest again in the lowest possible market price for the crypto after the huge fall down. This is another way to earn more crypto even if market price is down. IT will not matter on the equivalent of that crypto to fiat even if it means that after the huge fall you can lose some of your money. This strategy is a better way to increase your crypto.

I suggest to still hold it. Dont sell it right now because you will add to the problem, if you sell it right now the vakue of bitcoin will drop so please dont do that. But sometimes we have incidence that we need money on our daily need especially in food, well its ok but dont do it everytime.

In the recent time, ETH seems to have loss its stem to mooning with BTC, I laughed when some professionals predicted that this year will be the year of ETH, that ETH will perform better than BTC. Today they have all gone to sleep.

You're right. At this time, the best option is to hold your coins and wait for a better time, or even make new acquisitions at current prices.

All you need to do now is to wait. Hold on your coins don’t panic and have patience. The market palce is now volatile let’s give it proper time to be stable then you can dig in.

Bitcoin price will fall and rise, this is given even before.
if people will learn how to hold and never panic it will continue to rise.
this month is a month of acquiring and gathering coins and tokens.
whale will win in this collecting of fruits because small hands are getting weaker because of panic attack.

But i think when you know that the price will fall then you can sell off and then buy back when the price is corrected well and it is down from your selling price. But in this option both things can happen, first what if the price goes up then you should not be worried as what goes up will come down but you should be ready to buy it. Same when the price goes more down after selling then buy back it fast as if you wait for more price to go down then their are chances of price going back up.

Bitcoin price is just normal after the crazy bull run we had back in december. It's normal for bitcoin to look for a little stability before going for the bottom so it's time to see things like an investor and forget about bad investments you had during the pump because bitcoin always recovers.

Just do what i did, i sell it. Its not panicselling i am judt afraid that bitcoin will continue to fall and continue to drop the price, if that happens i will lose large amount of money, so i decided to sell some of my bitcoins and then i just hold the other and i will sell it when im already satisfied with the price in the market.

With the repeated falls, I have just made up my own mind to hodl. I have got some other areas of interest and focusing more on it. Without doubts, I had given up for this year. Friends encouraged me to still have hope and that is why I am still here today.

   At this current situation of bitcoin stay calm,positive and hold on. Bitcoin price will go back to normal son,have a lot of patience to wait that time.

You used the correct word: panic. But that's how the financial market works. Amateurs buy high and sell low when they see the falling asset ... panic. People need to understand the meaning of the word "investment" before venturing into that market.

I think that at first in such a situation you have to keep calm and do not make quick decisions, especially to sell your bitcoins at low prices. Usually overall panic on the market is artificial creation intended to have huge profit from it.

Those who manage to remain calm in this moment of panic will recover their investments soon (and at a profit!). But those who sell in the panic of the moment, will see the asset returning to good levels and thinking: "why I did not hold? If I sold today, I would have made a profit!".

I think the decline in bitcoin prices is a normal thing from the previous year, a decline in bitcoin prices can be used as a big opportunity and buy when prices are at their lowest.