Bitcoin Forum

BTC prices are falling continously. Investors in the waking should alert themselves and try to minimise losses by booking profit . If this trend continue for another six months perhaps the present prices will look like a nighmare and  it will be late ,moreover the predictions of lower level becoming true .If it is negative view or advise to follow ?

You have asked your question and you got to be sure that no one can answer you :) We are not sure the ship is sinking or not but there is big waves on the sea that all we can see. This situation getting ugly every new day and i am not sure that this could bring us in some kind of disaster, that's what i really fear..

If this is a ship and you are in control of your money that means you are the captain of the ship. What kind of captain do you aspire to be, is the question you need to ask yourself.

If the current price of bitcoin is like a nightmare because the price falls, but over time we will wake up and we will think that it is just a dream. I think there is still hope and there will be a bright day for Bitcoin.

I read here the opinion that one of the reasons for the fall of Bitcoin was the fact that many hoped that when the US stock market fell, it could become a refuge where you can wait out a crisis like gold, but these hopes were not justified. This opinion was expressed by an asset manager. Also, there is a chance that when the stock market is restored (New Year rally, etc.), Bitcoin can also recover somewhat, since The crypt began to correlate with classic stock instruments. It is also very likely that the fin. Krupnyak tariit some of the cue ball as it falls (of course not the last), hoping to wait a few months or years of recovery and earn on it. Personally, I admit the possibility of continuing the fall, because from a technical point of view, there are no signs of a reversal, just as there is no foundation which could become a recovery driver; (.

If you are afraid of sinking in the bitcoin ship so much then maybe you should withdraw your money and try to invest to something else. No advice here. It is up to you

Buy when there's fear, and sell when there's greed. That's all I've got to say to you mate :).

It is a negative view in my opinion, because I believe in BTC long term and therefore believe a recovery is going to come. But for other people that is there reality and they're only doing what they think is right.

As for advice, make your own decisions. Make them from an informed place and trust in them. You can't always make the right decisions but you can follow the correct steps before making a decision.

It's wise really but those who but now think that they really don't know if this is the bottom price of their favorite crypto so I think it's also not bad to bag now and regret that maybe tomorrow it got reversed all of a sudden.

am I the only one that is buying  ???  ::)  :P

Small amounts every dip, even if it goes to 1 buck, I will still be buying, is this stupid shall I stop?

At this point, its really hard to convince someone to stay but concluding that its a sinking ship is surely on the extreme because there is still potentials for growth to happen. At this time, only the hardhearted can survive and hopefully get their reward when things pick up eventually.

Why didn't you jump out of the ship when it was newly launched and at the crest of the wave in blazing sunshine surrounded by singing dolphins?

Why are so many people only now talking about bailing when many things are 95% or more down?

Your perspective is wrong. The ship is not sinking. It's going through a storm and when you saw it first it was on top of a big wave and now it's down below it, but next waves are coming. If you first saw it when it was below the wave you wouldn't think of it like it was dying.

You are talking right now as if all investors/traders are at a loss or don't have a plan in action during this time which I think is a foolish thing to do. Your mere suggestion will only benefit the ones who really don't know what they are doing at the market at all BUT then again why will you even be called an investor in the first place if you want them quit entirely with Bitcoin? Instead of suggesting them to "jump ship" why not instead try to suggest a better idea? You know the ones that will let them stay in the market during these times? Just like shorting Bitcoin even if you are at a loss you can still short it and make money from the process.

Your call for investors to dump and book profit is some how belated now. Those who were calculative dumped a long time ago. So, investors dumping now may not necessarily harm Bitcoin. He who is down fears no fall. Bitcoin and the general cryptocurrency is down and I don't see anything to fear any more.

I think the ship can still survive and I don't need to jump out, bitcoin can still survive and I will not throw it cheaply, and I will wait for the increase.

It all depends on what percentage of your money you have invested and how much you can need them (how long you can handle without them). Cryptocurrencies are unpredictable, but nobody expects a price drop of over 90% to last long.

The Entire World is entering a Global Depression similar to the 1930s.

Stocks & Crypto Prices are going lower.

One cannot really say this is what is happy to crypto as we keep going down and down everyday.  Now I know majority of new investors will soon see off and move on or use for another purpose. Anyone can sell to book profit or cut loses.  Patience is good but not really easy at this time .

We can not reach any result in the current situation and in my opinion many of who wanted to sell sold it until current price. Now just waiting can be a better investment for the future. Maybe this will make you lose more money but who made a lot of money in Bitcoin got it by waiting.

Firstly, jumping out of the bitcoin market ship because it is sinking is defintely not the right decision because this year market is something I predicted not experienced any bullish market.
Secondly, this is not the first time the crypto market will be in this kind of situation and the best thing to do is to accumulate more coin but never invest more than ones can afford to loose.

Yes i agree on that maybe we dont need to jump out because bitcoin os not a ship. I believe that the bitcoin will rise soon and if we are going to move out on tgis feild we cannot really earn a huge amount of profit. So I think we need to wait for it until such time that it will rise again and earn a profit from it . Crypto really needs patience this time because it is on dip so let us have patience.

Instead of panickly jumping out of that sinking ship, you should first ask yorself what will happen if you jump. Can you swim? Will you float? Will you be able to maintain yourself floating in a long period of time? You will be losing the ship but consider that a sacrifice since you will be gaining a lot of experience from that. And if you will be boarding another ship again, you know what you will do when things like that happen again.

It is obviously that ship is sinking when it is sinking, there's no doubt about that, which we can not say about crypto market with certain accuracy. Situation is pretty unpleasant but I think that It still isn't time for the alarm. Advice should be to follow your instinct and to calculate what is the best choice for you personally, what would exit bring or mean to you and what would staying and waiting for better days.

When the ship is sinking dont jump out, think and relax. There are some ways that you can use to stip the ship from sinking, dont be like others that will live the boat immediately. Just like in bitcoin, you must think before go to the other side.

I know that everyone panics when they see the red market, especially investors. they are confused and trapped in a bear market wave.

there is no other choice, unless they have to hold their assets for a long time, I predict that Christmas and new year will make BTC fall again.

I think there's no point to sell now. Minimizing your the loss might be a bad thing to do. You might miss the opportunity of getting more than what you had invested. The market has a higher chances of recovery on the first quarter of 2019 due to significant decision of SEC on bitcoin ETF. Approval of this will most likely attract more investors and then the bull run. Actually, huge bitcoin holders are starting to collect more bitcoins in preparation of the much awaited bull run.

we better think positively and don't panic, I don't care about the red market, another 6 months or 2 more years.

there are still many ways to make a profit, trading is one of our choices today. although the market volume is weak.

and I am always proud to have BTC everytime.

Oh well, everyone here is up to make money. So obviously a lot of traders are shorting bitcoin, either by bot or manually pushing the sell button.


I don't think that this will last for another six months. Bears are really exhausted at this point, I guess this is really the best time to get in for long term as we might see the end of this year long bear season and see a new cycle begins early 2019.

We are in the middle of the sea, even if we jump we are gonna die in death cold water with sharks, so I'd rather go with a sinking sheep, may be we will survive.

How was that metaphor?

The price may change everyday but the value of bitcoin is continuously increasing every year. I also don’t care about the dump price for another year or what, I just need to buy more bitcoin now and have a great reward in the future. Its ok to leave the market if its dumping, its your choice to save some profit or what but make sure to comeback in cryptomarket because this is not the end of our journey.  

Well, if the ship goes dipper there’s no way for that to rise again so maybe its better to jump and look for another ship. There will always good opportunity for all of us. :)

lol ok go on doing that.

No, all Bitcoin users now don't have to jump from a sinking ship, now Bitcoin isn't sinking but is diving fully oxegen, sure that someday Bitcoin will come to the surface with results, prices that make investors able to buy enough new shipsto sail in the following years.

Clearly, you are one of the hundreds of beginners who are in panic right now. If you think the ship is sinking then you are free to abandon it while it has not yet started to sink. There are always people who are like you in the crypto world. Ever since I started, the community has already members whose belief in the technology and its features are as shallow as them. Negative view? Yes! The veterans view it as a part of the cycle. And during such part, it is better to buy than to sell.

There could be a chance that if this downtrend continues for the next 6 months, it will definitely one of the worst history for bitcoin and cryptocurrency where we could see bitcoin touching $2,000 price. We only have 2 weeks before the year ends but what we always see is a minor pump. I dont see a boat sinking since there are still positive big news coming everywhere about massive adoption and recognition for bitcoin. This was a plain price correction with price manipulation from BCH hardfork.

if your new to bitcoin just dont panic and learn the true value of bitcoin
i also panic before when price fall but now i feel secured after learning the use of bitcoin and how its really work
i learn that the price of bitcoin is not only limited to this i will choose to gain a lot of profit in the next few years than taking some loss today

1930s, the great depression? Come off it. It's not even clear yet if the markets will go in to a depression, most likely a momentary dip followed by some more years of recovery. If there is a depression it's not even going to be comparable to the most recent one in 2008, let alone arguably the worst depressive period the world economy has ever faced.

Please! jump out and save your life, we will stick to it and try to recover the vessel till the end. Thank you.

Maybe we have a stormy and dark night ahead, but I think the crypto ship will survive. And maybe it's just a necessary exercise to keep only the worthy crew members on this ship.

You are the who can decide what to do but still do not panic. You cannot let things to destroy you. The captain is the one who controls the ship, there is an alternative for them to save themselves. Every risks come on every action you take. The price won't sink deeper for you to worry especially if what you have has a potential to grow.

we should care about the cryptocurrency price right now, we all know don't know about it in the future. maybe it will rise up or it will go down and down again. but for people who believe in bitcoin, it is not a big problem, they will still use bitcoin as long as they can

I agree in your opinion if you scared to lose your investment in bitcoin its better to back out your investment and try to other business. Your investment is your responsibility no one can advice you cause that's your investment.

"Jump out of the ship when it is sinking." This is true. But, cryptocurrency market isn't sinking yet. So, there's no reason to jump out of the ship. Yes, it's almost a year of downward trends, but the market will surely bounce back next year due to expected approval of the bitcoin ETF. I feel positive about this ETF.

You're right bitcoin now facing a nightmare the value it's so dip.  Don't be afraid in nightmare it is only a dream and another day will come to bitcoin it rise like a sun and give you bright day.

Well since we can not predict what will happen in the next six months in the cryptocurrency market and bitcoin in particular it wise for us to take caution and cut lose where we can and also try to take the risk of our investment since we don't know what will happen in the market in the next six months to come.

If you think Bitcoin is a broken ship, you can jump out of it at any time, of course, but I must remind you that it can be very difficult when you want to get on board again.
By the way, I don't think the ship is sinking now. It's just temporarily grounded. It will sail again as long as the tide rises.

in my opinion for now we just need to be careful and keep seeing good projects when they are destroyed now. when this does not mean there is no good project, even if only a little. investors must repeat the initial bookkeeping by making new investments again.

who said the ship is sinking? It simply ran into a gale. The rise and falls happen in the market it's a normal situation.

This prospect does not please me at all. But I'm afraid it might be true. The exchange rate is projected to decline to 1,000 next year. Just a disaster. Only a miracle can save us. And I hope it will happen in the second half of next year.

How can you tell when the ship is sinking? Usually by a hole in the hull. What does it mean when a ship has a hole? We could explain it as a loss of integrity, a structural failure.
If Bitcoin was a sinking ship it would be having fundamental, holes that need to be patched. There's no such thing!
Bitcoin that you are now selling for 3000 dollars is the same Bitcoin you were buying for over 10000 a year before. It's even better and faster now.

Prices are flying down like a plane. And I'm afraid it won't stop until at least next year.Next year will be indicative in all senses, spheres and relations. If bitcoin survives in 2019, it will have a chance for a bright future.

It is necessary to jump out of the sink when it is sinking but not to compare to bitcoin because it is not sinking, it is on maintaince and am not giving up.

There is nothing more to add or advice than cut your losses now. The price is heading to $2500 as the next support and when that happens you can now know how much money that has left your portfolio. The speed at which the price is falling is alarming and this is not even connected with any news sentiments at all. We have had some news that supposes to lift the market yet it did not help to change the course of the price movement.

Firstly and I speak as an amature sailer (yachts) rule number one- you always stay with the boat! that is unless it has actually completely sunk the reason is simple- it is a lot easier for the rescuers to spot a boat even partially submerged than your little head bobbing about. So stick with Bitcoin it may be having a bit of a rough time but I strongly recommend staying with it, at least until it slips gently under, (which isn't going to happen.

I still have hopes that the bad days will end soon. Perhaps the price will fall even lower, but I believe that this is not the end. I believe that those who survive receive a good fee for their patience.

The newcomers are getting really scared. The fear is almost palpable!

Fortunately, this is a good sign, at least for a fat medium term bounce. I always thought people were too confident in the $6,000s. Now we're finally seeing the later parts of the bubble cycle play out: fear, capitulation, and despair.

When the ship is sinking it is time to decide whether to jump or stay. In bitcoin most users are staying because we still believe in the future. So, it is good that you are not giving up as do I am also holding on.

I wouldn't have it any other way. ALL OR NOTHING

Good to hear this from you because crypto business does need to the patience act and making every seconds count through the act of seizing every moment when the market create some kind of opportunities. But, I dont agree with what you said about the market to return back to it glorious days very soon because it will take the market acouple of months to do that.

That is a good analogy for maybe some other stuff but when we are talking about crypto it makes no sense to actually make these kinds of examples. Crypto prices are not a ship that started to sink, that would mean that any ship that is sinking will definitely sink and not go back to what it used to be, there is no ship in the world that sinks and than recovers.

However, bitcoin prices and generally crypto prices has a huge potential to recover, it has plummeted to earth before and it managed to survive, why would something that managed to go from 1400 to 250 to 20 thousand dollars would stay around these prices after dropping to only 3 thousand dollars which is more than the double of last all time high we recall. The example is quite misleading and totally clickbait to create a big thing out of nothing.

BUt we are already under the water,we don't go anywhere even we get out now,so better hoping for the prices to increase then go with huge loss.I am ready to loss everything to make something from the crypto currencies.

The analogy is flawed because the ship is not sinking at all, we are just in turbulent waters and people are panicking and they think the ship is sinking, then when they are left in the middle of the ocean in those turbulent seas while the ship finally arrives at a port or at least finds better weather they will beg to get back on the ship but by then the damage will be done and it will be too late.

Their is nothing one should be doing at the moment other than buying at this prices which could be beneficial as you can easily average your prices and bring them down and when the demand rises price will rise and you can make money from it as your buying would come down if you buy it now at this low rates.

Willingness to take the big risk can be profitable after the bounce back, there's no other options after seeing the hue downfall, keeping your coins and hold it for much longer time can possibly bring good profits in returned, its a matter of taking the risk and hoping that things will turned to our directions and bring more good news to allow the market to start bringing the bull back.

Buying and holding are our only options, many of those that are selling are taking the wrong choice especially since they are selling now, if someone saw the bear market coming and got out of it while he could with small loses then he will be in a great position now but when you are selling when we are close to the lowest price the only thing you will get out of it are losses.

Jumping from a ship is a bad thought. I will survive even if the market conditions are bad, the market still has a chance to rise and I will wait for the opportunity to happen.

Well, if you want to jump from the ship, goodbye to you.

and drown ?     The best solution is to never rely on the value of one thing, hold a variety of asset types.     BTC is not giving any yield so not suitable as a traditional investment under most descriptions, most negatives people attribute to the price action comes from labelling it wrongly in first place I think.    Its very volatile, just like guessing the price of copper might be and unless you use copper every day for a job its not giving an immediate return

   Imagine that ship is full with gold! The ones who stay and try to fix and ship and survive the storm will have beautiful
future, the one`s who jump out will have to fight with storm in another way, and it`s question will they survive too, but
we know if jumper survive they can`t count nice future.
   I`m staying on the ship! I think I have more chances to survive, and definitely I can count on better future in that way!

Lol. Yeah by all means. A lot of people already made that jump.thinking it'll sink entirely and then had regrets when they realize their mistake.

It's unbelievable that you wrote this title: " Jump out of the ship when it is sinking "

so do you really believe that it would be possible for the price to fall to $ 0 or even that it would fall below $3000 and will never recover? dude, why the hell are you buying bitcoin? I mean you know that bitcoin are limited and can still enter big players which can greatly increase the price and you are just look the next few months instead of looking at the next few years?

"The frog inside the well does not see the greatness of the ocean"


just hold your coins or sell if you do not  believe in bitcoin

They think it is sinking but the truth is, it is just a storm that makes it look like sinking and all you have to do is to HODL until the storm pass. It they are going to jump in their own ship with the storm, it means they just quit living and they rather choose to die but they didn't see that the ship is still in a good shape despite with the storms.

I will not jump because I know it will not sinking. Its look like this if you jump and the boat not sink then who is wrong? Then you will regret after before you decide think 10x because everything will change in wrong decision. Like here in crypto always think before you decide to invest and to quit.

If the word jump before sinking means bitcoin is dead, then i think it is wrong, but in trading way it is correct as the market is now in selling as who ever bought in low are not taking profit so it is good to book profit and then buy back in low.

People aren't always have the same ideas and thinking. Those who easily quit in crypto are those people that are afraid of risk.
Not a regrets at all if they feel nowhere to stay in crypto,  it only a regrets for them if they never decide to leave and losing everything they funded in here.

There are a lot of people think that Bitcoin will fall down lower and from the chart, it may seem true, the support level is weak, but the chart can't represent the market,if there are sudden investors invest in huge sum of money then the situation could be different,it's not wrong to take profit now, but if you wait for a long term, then maybe you can earn more profit

So many good analogies in a single thread, getting out of bitcoin when the worst part of the storm has already passed is a complete mistake, and this is especially true when there is almost no chance that the ship is going to sink, leaving now means leaving not only a great part of your capital in the market but it also means leaving the opportunity of not only getting your money back but of getting profits.

As we can see bitcoin price not go down and starting grow this days, and never bitcoin will fail and will start growing also in my opinion next year and i think we will see a new ATH, so i will hold what i have until bull run.

Just hold what you can but don't get too excited about of a simple pump in the market, it is not triggering something yet but we can still hope that Bitcoin might rise one day and starts the bull run. What we have to do right now during this bearish trend is to hold on to what we have but be very cautious.