Bitcoin Forum

For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!

nice one bro , im doing this too  :'( , but its hurts lol :)

Agree. I am buying in more now because I also believe it will go high in the year.

Glad I can help! I'm posting just to try to stop newcomers from making rash decisions. I know the panic myself from when the market dipped just after I entered. I don't have a huge amount of experience, but I'll pass on what I can. This is absolutely the time to clear your emotions out of the way and make calm, considered decisions.

Remember if you believe in crypto, then any chance to lower your average entry price is a great opportunity.

Many weak hands especially today lol. Not sure what is the cause probably the recent Indian Fud? I am confident this is temporary Let us hope to see some green soon we don't want to cause pain to weak hearted folks do we lol. Hodl

But in the past, the price of bitcoins in South Korea and Japan has always been much higher than in other countries.
But this time South Korea and Japan have taken the lead to fall, and I think maybe this is a sign of a bear market.

I also think that you should not panic, because in the near future everything will be fine, you should not panic, but if you are too emotional, then it's better just move away from the monitor and enjoy your life. Everything will be fine.

I think it's a general correction triggered partly because December rose too high and had to pullback some, and partly because of a swathe of negative news stories in the last month or so. The latest dip is probably also affected by automatic filling of a load of sell orders as we drop past price milestones, such as $10k for bitcoin.
And all through this, some of the people who only got in recently will quite naturally start to panic and want to cut their losses. This I think is now the main driver of the fall, plus experienced traders trying to exploit this by shorting their coins.

Believe in crypto. Don't panic. Lower your average entry point if you can. Look to the future, we will see green again!

Yep, don't panic and be patient.
Every year there will be ups and downs, just wait till the price explode again.
of course you will feel at loss right now, but it's okay, everything will be alright, just hold all of your altcoins.

 :D Nice suggestion, but only if someone have money spawner :) Maybe Tether will use it, I dont know. We all should understand, if people are in panic - they will not buy. Only sell. Just let them sell so illuminati will buy and then we will see new highs. Nothing to worry about - bought? Close the exchange window and go outside, do your hobby, be with your family

I think it is quite for me to be calm because all my money are in the coins. :-[

Thank you! I understand, still it needs some courage

I agree, now is the time to buy and average. But who does not have free funds, then just wait and do not fix the losses, then it will be more difficult to recover

Don't panic it's organic. More FUD are coming right now because those whales out there manipulating the market they want to short it as soon as possible because there are big players that will come to crypto. So better buy some now because soon it will rise.

 if you panic and sell then you lose your money.

well, I agree with these statements and analysis, do not panic and keep the bitcoin you have, it will not be permanent and only temporary. just wait until the value goes back up

hey man, do not be so scared. Think that's just rumors. Be calm and continue on your investment path. If the news is real, only a small fraction of the affected people in Korea and Japan. In our country, the government still bans people from using bitcoin but my friends and I still use it everyday.
We make money in silence and people in other countries are strong. So the money market is good and everything still work.

In that case I would say:
1) have one look at the price charts over the last year or all time to get some perspective (not just this day or month)
2) close the price chart window and don't check it again. come back in maybe a month.
3) if you believe in crypto, then don't sell!

I'm just trying to stop people from making bad decisions. If you sell now then you have a guaranteed loss. If you hold and try to forget about it and come back in a few weeks or a month, you will see higher prices again.

I agree. However, I think that it's not easy to convince people and make them feel calm about what's happening. Many people, who are rather new or have not seen Bitcoin plummet in value this low from where it was, would react normally by being panicky and afraid that their investments might amount to a loss. However, the best way to do at this point, like the above-stated reply said, is to be patient and check how Bitcoin ran before, if you would see, there are these rough patches where Bitcoin doesn't gain value, or worse, lose value, for months at a time. After that, it would again assert itself and have a surge in value. So, the better move is to just wait for that perfect moment.

really it is often people prefer to lose, see the graph is down straight trying to cut loss and it is precisely that does not make the price will improve and it will also worsen the market situation

Well i agree to some extend but no one can give guarantee that the prices will rise up again, what if they don't? so cryptocurrencies are very unpredictable. only invest what you can afford to lose.

i also think that nobody should sell anything, because up and downs are just normal and yes usually it's not a bad decision to buy low, if you have some money left. but somehow i can unterstand the people, which buy btc for such a high price like 18k per coin or more, that they prefer at the moment selling their coins instead of spending more money into the market, because some of them have put all their money inside allready :-)

i mean, as i can see on your rank, you are in cryptos since a while, so it's easy to say don't sell because you probably have not made any losses yet. but for people, whitch lost 50 per cent or more of their money over the last 2 weeks, it's a hard decision, especially to put more money inside the market :-)

I totally agree that it is hard if the current price is far below the price at which you bought in. That I why I thought I would make this thread, to try to calm people's nerves and get them to see the bigger picture, not just how the price has moved since they came into crypto.
If I can just help one person not to panic, I will be happy :)

I'm actually buying more NEBL and ONION right now.. sales days! If you invest what you're willing to lose there's no need to panic. Remember this.

those who entered at the maximum only one tip in this situation, this is to keep and not sell, if you sell then you will not be able to recover your losses later. And if there are available funds, you can still buy in order to average

What if someone needs money for now? whether the person is suggested to sell or hodl some time again in order to reduce the cut-loss.

Panic? I don't. I have great trust in markets. I am only waiting for whales to come and pump the prices back yet again. It will last somewhat longer than expected but it will be very profitable for everyone.

I think if you need money for now, then just take out the minimum that you need. Leave the rest untouched. So you will see a small loss that will turn to a gain in a few months' time.

If you look at BTC previous yearly charts, you can see the market has always been bearish in the first months, after that the market has always been going up, the best option is to hodl and accumulate more BTC while at discount.

I'm panicking because I don't have cash to buy more crypto in this amazing sale!  :'(

The price of btc should not have been higher than about $8000 at this point in time.

If you look at the trading charts on a day scale, and draw a line through the higher highs up (with the last higher high on you line being around 21 Oct 2017) btc was rising steadily with this dynamic support and resistance line up until around the 25th of Nov.  After 25th of Nov 2017 the charts show a typical pump and dump pattern.  The price got pumped to $19000 + and now we are nearing the bottom of the dump.

For sustainable growth, following this dynamic support and resistance line, Btc should reach the $12000 around mid june 2018, however there will probably be some more pumps before that causing it to reach $12000 earlier, but it will only crash once more if it pumps rather than rise steadily.

We do not want these pumps, we would prefer patience and for btc to rise more steadily, hence we do not want btc to rise to more than $12000 before mid june 2018.

right now we should be happy that btc has come back to the price it should actually be at on today's date, around $8000.  It might drop slightly lower as it breaks the $8000 support, but not much lower.

It is unfortunate for the people who got involved in btc since nov 25th, as they got caught up in it during it's pump stage and are now experiencing it's dump.  Do not worry, your money is safe,  just be patient and hope for a slower steady growth rather than than another pump, and you will have your money back within the year.

Of course this is just my analysis and opinion, but it seems to be what the charts are telling me.

Yeh, you are absolutely right! Most importantly, it's calm and patience. And, if there is still common sense and the ability to count, it will be success!

Always remeber rule nr. 1
Invest just what you can afford to lose, those who panic probably are people who ingored the rule.

when it comes to altcoins, sometimes it IS a good idea to panic. not panicking means losing a lot of money because when the dumps start they won't just stop simply. they will go on for a while.
and also not to forget how others are panicking. you can't ignore where the altcion market is headed and not all the altcoins are going to recover after the large scale dump ended.

Not to worry about corrections I always hedge my funds with USD + I make some money box to be able to live for up to half a year without cashing out my crypto at dips. Only this way I can calm down and take any correction easy.

  I would like to thank you for this post and thread because people are much feared and dipressed with this fall.And I also agree with you , do not panic now and hold your all bitcoins and altcoin even anybody want to invest now , its a good chance to buy bitcoin as this cheap level. And as this fall stops bitcoin will rise till 10000$ level again in just 20-25 days. Now a days much FUD and fake news came so this fall happen. So hold all your coins. And I think after reading this thread and post some people get some reliefe from fear.

Shit this forum become ridiculous.

What kind of advice is that?

What about those people who invested hundred thousand dollars in bitcoin when it was $16K and lost half of their money already, you are suggesting them to buy for $8K because some silly math calculation (16+8)/2= 12?

Look at my calculation:

$100K invested when bitcoin was 18K = $50K loss.
Another 100K at this price = $200K invested while you are still 50K at lost. ;)

And it takes an uncertain time to pull your capital back, it could take a month or a year. of course all do not like the word "Loss" though sometimes we can not fight the flow. ;D
But do not be afraid too, because we can still maintain our coin until the price back up."do not panic" This is the difference Bitcoin trading with other trading.

The Sun Always Comes Up After The Storm  !  8)

The crypto market began to fall due to the fact that everyone started to panic. Everyone rushed to sell bitcoin. And the price has fallen even more. Guys, calm down, everything will be fine.

For what it's worth, I think you're right.

The sudden moon to ~$12k was really crazy and everyone got hyped. But of course, those who could not sell in time are now experiencing the dump.

Now clearly a good time to buy. But was it worth keeping the assets to such a loss-making level? Some altcoins have sunk over 90% of their highest points. Guarantees that all prices go back just does not exist.

We can’t stop them not be panic on this price as they don’t give some time to learn how to react in this decreases and it is because they’re inexperienced.. They invest not knowing the risk or ignored it and without thinking put all they’re money on bitcoin when the price is above 14000$ and above.. If this won’t be a learning experience for them in the next dip then we can’t do anything about that..

Im worrying right now about my investment i cant even fall sleep, i hope you are right brother im panicking right now but i will not sell it and i will take the risk and now im on the long term investment i will bought more if the dip reaches the 7k mark. good luck to us.

buying when people are panic selling

It's hard not to panic if market prices go down and keep going down, although many say it will improve but I keep panic because this is my first experience.

One one mate...

It hurts alot but i am buying BTC and than buying alts in dip so i can make 3x 4x 5x

i totally agree with you. this is the time to buy bitcoin.

yes, your statement is true, I am sure this spike is a natural thing, although many people think this is a sad decline but essentially there is a preparation to welcome big profits for people who will be patient and faithful until the market spike stops and returns to normal . do not be sad, behind all this happiness is waiting.

I personally did not sell, I hope for the further growth of coins

I understand your eagerness to warn those people who are buying this price drop and also with the massive dumps that are we are with right now.

But even how good you are on reminding them that there is no reason to panic they will not listen to us. What's only to their mind is to cut their losses or it will be the end of crypto's. They are new to this so that makes them a panic seller.

Only long term holders, traders who experienced the massive dips before will understand these words.

yes i agree with you, but it's difficult to do when the price is down sharply, all you have to do is just how to reduce you loss. I will take the chance to buy bitcoin and hope the price will rise again next month.  :)

↪ don't be afraid↩

✅ #biggest accident in Bitcoin history

📉 - 94% june-november 2011 from $ 32 until $ 2 because MtGox hacked

📉 - 36% june 2012 from $7 until $ 4 linod hacked

📉 -79% april 2013 from $266 be $54. MTGox stopped selling.

📉 -49% february 2014 MTGox loss

📉 -40% september 2017 from $5000 until $2972 china forbidden

📉 -48% january 2018 korea FUD. From 19700 until $9500

Bitcoin died thousand times just to keep live.

★Hold, watch, action, profit☕🚬★

Sharing is beautiful.

This is copy from my group, hope it will help from those who begin to fight so open their minds to not cutloss and panic.

Easy to say but difficult to do, message to all crypto bro be strong and patient, don't look your folio evry minutes, it will soon recover

Hopefully

Finally someone speaking some reason. There is absolutely no point in selling now as only because of some fud being spread. There is golden rule to be remembered, you don't lose unless you sell. When you sell you are really in loss. If you hold the coins or tokens you still have chance that your assets will grow in value and you can have decent profit. It was growing for so long that the feel had to happen. No need to worry, now it's time to buy, not to sell!

I might add that if you panic and can't sleep this probably means you over invested. Wait for the storm to pass and take a long and hard look at your portfolio. Crypto is not the place to invest money you might need for something else.

Yes, I am agree, don't sell and don't panic, but anyway we should change our strategy on the coin markets. Trend was changed and we must change yourself. Early we can simply buy and get profit, but now we should be more careful and not rush to buy.

if you do not need cash than you only must have to wait.
there is no reason to sell from here. But if you need cash do it quickly cause its going more downwards.

In fact nobody wants to sell their hand. But this time panic is so much that everyone has to sell their hand. Everyone expects to be anxiously ascending. unfortunately we do not fit the opinions of experienced people...

Yep I Agree. As with every correction, I don't really panic, I just sit back and watch the market, looking for new opportunities and discounts to accumulate more.
Every time,the market comes back stronger so I would recommend to just hold and relax a bit.

That is not good to do mate selling bitcoin may helps bitcoin value drops deeply because it helps to increase the supply and no one demanding for it that is why just keep on holding, be calm and dont panic all of us are hoping to make their value bounce back in the highest pick.

I am glad that I started this thread. Almost everyone who has posted a reply seems to agree with me, so if you are new and you are panicking - please see that most people are telling you not to panic. Just close those charts for a month or so :)

good analysis, right now we do have to buy bitcoin for investment because the price is down. but to buy bitcoin need consideration in terms of our financial ability. so even if you can not buy in large quantities at least have a little coin to be used as an investment.

panic is a very difficult human nature to avoid, when seeing prices fall very far surely some of them feel shocked. but the panic will only lead us to a deadlock. thanks man you have given spirit to those who are sad.

of course. if u r dealing with a cryptocurrency, u need to be prepared for everything ))

I agree with you
when you panic. you will lose your money
hopefully this panic will stop soon

those who are beginners will be very panicked because their assets are reduced by almost half, but do not need to panic. patience and tranquility in the world of trade is in need this is the moment where the traders in the test, whether old and new traders keep the spirit do not panic it is sick

We should not sell panic. Bitcoin will definitely return to its old days. If we sell it now, we may regret it later.

This time I already feel the pressure of continuous drop of bitcoin. The facebook ban on advertising and the threat of some government to regulate the crypto really hurt the market. If this will continue price level of BTC will possible to drop at 4k level at the end of February. And the most reasonable thing to me right now is to cut loss or average down by buying the BTC at low price.

Recently too much bad news caused the whole encryption money market has a big drop, I want to need to do is wait, when all the investors began to despair, it is a purchase a good time in the currency of the encryption.

it is true, and I agree with what you are talking about. I will buy with a lot, because I believe this year will rise high, and do not panic for situations like this, because it is normal every year.

If you believe that there is a future for this market then buy more so that you can average down. Many people are panic selling because you are already at a loss but if you buy more then that would lower your average buying price so when the price reverse and have a bull run again then you will have bigger profits. If you plan to sell now then you either buy lower if it goes more lower or just totally leave the crypto market if you can't take it anymore. If your plan is to stay in crypto for the long term and you don't have any funds anymore then just take a break for a while and don't check the charts for maybe a week or a month.

It's hard to not panic because many people sold their houses,cars and took loan at 20k$ bitcoin and now its going down to 5k and they think that bubble burst and there is nothing to earn here, so im gambling with my money and dont panic, but for common people its hard.

Don't panic when the coinmarketcap are decreasing some tokens because some are burning in preparing to increase it so many wise holders are received more money because they hold their tokens very well so don't panic if your token are decreasing in the market.

Looking at the fall of my portfolio I regret only that I did not sell some of their coins at the peak to now buy more bitcoins, promising altcoys. There are too many people in the market who come for fast money believing any rumors and making decisions based on individual specific news.

I would like to believe that everything will be fine. Now the situation on the cryptocurrency market is not the best. And all because of the bad news.
Therefore, it remains to not panic and wait.

That's right ,, I always see the market price every day and indeed the current decline that can be said is very big, but previously there has been an increase. so I'm not going to panic because I'm sure the price will go up over time.

I am not selling even a bit of my precious BTC, does not matter what price I bought it. BTC is not for sale  ;). anyone who sells crypto for fiat does not understand crypto idea.

I am always checking the market now so I can say it is very hard and difficult to stay in the market. Yes it is precious and bitcoin has already made to the top but lately it is hard to predict the next price. So it is also best not to panic this time because I believe the future is good for btc and for all of us.

You got it dude yes your right, there's nothing to worry right now besides those who are planning to invest in all crypto currency, well, start it up to make it full your portfolio with crypto currencies that having a potential in holding in long term surely you have a huge profit after a month or a year. If you looking back the chart price last few years it is folded times four this year so nothing to worry just hold and have patience. Wait the right moment until it is bouncing back again in the market and don't be panic.

My deposit decreased in the last week /2 :(, but don't panic because you provoke to fall cryptocurrency. Wait good news ;D

If you predict a further decrease you have to be ready for buying more

I think we should think long term. After this correction things will go back to normal and the trending will be upward again. There is even an informal survey on what to do with their bitcoin now and majority vote for HODL.

The twisted market, everything goes around and the same.  ;D

You are right，Bitcoin is now down 15%, bitcoin has fallen more than 50% in history, bitcoin has been declared dead by the media at least two hundred times, but Bitcoin has survived well now and is now a good time to buy， you do not have to panic.

It has always been a more sensible move to buy coin at such declines.

If you have alot money invest in coin when the price was high its not strange that you on your panic mode because get a big loss. The things that author said was right to reduce the loss we should buy more of the coin now when the blood bath happening and sell it when it back to normal to return our capital. But a lot of investor feel the btc will loss many of it value. So better to hold until the price better on the market. The thing that more scary wass when we buy more and it dip more.

Definitely I agree you. Time to be patient. It is the chance to buy again.But nobody knows when i will turn back high price. I hope it is soon.

The internet bubble was similar to the crypto market today.  I wonder how many people didn't buy Google shares after the Internet bubble burst who would be very well off now if they did.  I also wonder which of the projects now will be the new Google of tomorrow and I'm investing my money there.

It is panic that leads to a drop in the rate. You just have to wait quietly and not be nervous. I think soon the course will be restored

This decrease in value is actually doing a lot of good to the market , and we'll see that impact soon enough . FUD vibes are getting to a lot of people , and getting fought by a lot of innovative concepts , partnerships and advertisement to the crytpocurrencies industry .
Meanwhile a lot of solutions to fight network congestion are being thought of and people are working day and night in the quest of innovation and in order to provide the best concepts to the best investors .
Buying coins at such a low price is an opportunity that rarely presents itself,  and we are now having another shot at the bitcoin dream , where anyone even with a small budget can acquire multiple coins from the desired crypto with a very accessible price , and just wait to collect the profits by few months from now .

In this market everything is cyclical , the market needed to rest . Well, most likely whales will soon begin to buy and such a cheap price we will not see . But this is my opinion , if you have purchased you can do it slowly

Thats right, im actually telling my friends too not to sell but to buy at a lower price,  I really believe in bitcoin and everyone is saying that this is normal every year.  The problem is everyone is panicking which cause them to sell then they lose their money. They dont think about long term value.  

yes, I agree with your description. but today many are feeling panicked at investing a nearly 50% loss. I also feel a big loss, but I remain firm to hold my altcoin. at least I believe in what I have learned before buying some altcoin

Buying the lower price btc than previous buy is called averaging. You will get the average price if the same amount was bought of bitcoin. Bitcoin will still exist in the long time so thats a better idea for now that price is low so if the bitcoin recover to the half you start to gain that time.

Yeah, you're right man ... Don't need to panic and rush, better switch out the monitor for a while because if you are too emotional due to look at all the prices that fall down, you will make a decision that you may regret later. Calm down and refresh your mind from trading for a moment, come back when the emotion has not  control your mind, nothing to be worried because it happens so many times, just takes patience, the price will recovery back slowly,

I agree with you, from now on I will buy more because the right time to buy while the price is low, even though I had slumped earlier because my coins have fallen.
 thanks for your suggestion, very helpful.

I absolutely do not care what the numbers show the markets and I know the real price of altkoins and bitcoins and therefore is absolutely calm

Definitely .. those who sell madly at this time will suffer heavy losses. so keep it. It will increase in the long term. Do not look at the chart at this time. It just makes you panic

Do not panic if you do not have any problems.if for the future .why would you still panic it would be nice to have your future tomorrow.

I agree. However, I think that it's not easy to convince people and make them feel calm about what's happening. Many people, who are rather new or have not seen Bitcoin plummet in value this low from where it was, would react normally by being panicky and afraid that their investments might amount to a loss. However, the best way to do at this point, like the above-stated reply said, is to be patient and check how Bitcoin ran before, if you would see, there are these rough patches where Bitcoin doesn't gain value, or worse, lose value, for months at a time. After that, it would again assert itself and have a surge in value. So, the better move is to just wait for that perfect moment.
Keep calm and dont panic

I don't panic at all.
Coins can't just rise.  ;)
It will be back to normal eventually

I agree with this opinion do not panic because of the fall in prices because the progress I observed tends to fall only to the number 8000 $ - 7800 $ and after that will definitely rise again and will probably skyrocket your expectations ,,,
Do not panic selling, hold and buy to get more profit

This is a very nice advise for the panic sellers because selling at a cheap price doesn't help at all. Its therefore good to buy more now in order to get more profit.

it is true all coins are now dying but for myself I still hold my coin back to normal because I look for a long time not for now.

It will not decrease to $2K, $3K this is actually terrible, so no need to panic, $7K-$10K are good levels for crashing bitcoin. If it goes below $5K panic!

The right time to sell was when CNBC was reporting about bitcoin and ripple and giving lessons on how to buy it. If you did not sell it then, now its time to put it into cold storage and forget about it for some time.

yes, i totally agree with you. If the market falls down, you can buy more to reduce the price. That is a good strategy which I have applied in some cases.

I would never panic because I've been in Cryptocurrency one year now and circumstances like this is isn't new to me.
There would never be a time that Bitcoin and Altcoins do never recover and they always do that's why I'm confident that they gonna be able to pump back after this huge dip because I know that it's my turn to sell my coins when they pump back to the moon.

There's a saying by one of the top billionaire in the world,
"patience is the tool for getting money out from the weak to the strong" and that's why it is what I'm wearing all this time.
I never panic because every time there's a huge dip, high pump will follow and I'm excited for that moment to happen because it would be my turn to sell off my investments and get real money out of it.

good job ma bro, dont panic time to buy and get some profit later.

I wish i could help people understand no good can come from panicking. Unfortunately crypto community is full of people who panics and sells every time they see crash. This will only cause more damage to your investment.

an excellent article for beginners, but on what are your thoughts based on the fact that bitcoin will go up, perhaps this is its limit for the coming year

Thanks for your positive comments, everyone! I hope I've been some help to those who are newer here :)


I'm no expert on prices, I really don't know other than the general trend is upwards. I expect bitcoin and good alts will prosper, and I expect we will continue the move towards mainstream adoption, with all the regulation and legislative headaches (and seas of red) that brings. I expect a general move upwards in the future, more green than red, but plenty of both :) As to when we might pass the ALT of last month, who knows? But I think it's a 'when', not an 'if'.

You are right that many are panic with bitcoin prices now, they buy at high prices and now the price is down 2x and if thinking for long term bitcoin is very promising, but maybe they also want to turn their capital and the opportunity is lost with the fall of bitcoin price

This is a very good point but this is tough to stomach. I was up until 4am last night just watching the market and making notes about pricing and drops. This is my first year of crypto so I'm learning as I go and this crash is pretty crazy.

Great post, and full of informations. thanks

Don't Worry Guys ,This Happened due to Arun Jaitley's Statement Yesterday at #Budget2018
He Said Crypto Currencies not Going to be legalized in India but that Doesn't Mean INDIA is Banning All Crypto-Currencies,
As Many of you Guys are from INDIA and Till Now India hasn't Legalized Bitcoin but Still you guys have been Working with Bitcoin and Other Crypto-Currencies for Past Few Years without any Problems
The Same way BITCOIN will work in India After Arun Jaitley's Statement, No Need to Worry
buy more do not sell in lose.

I agree with you. If  you still have a spare of money you can buy again so if bitcoin starts pumping again you still gain from it. Bitcoin never fails me, and i believe it will never fail me this time.

.

Correct, we don't have to be panic if the price drops down so wide because everythings happens for a reason. We might afraid that we loss but it is a challenge for us on how to be wise in handling that kind of situation. There is always a chances to be high that is why sometimes we may grab the opportunities it meansa it is our choice.

Don't sell on a loss, the market will recover. Don't necessarily invest more either, only invest what you're ready to lose

Thanks for the info! The panic is of course unnecessary to buy more in a falling market than to sell! All the pains of victories! Do not panic!

I think it signaled that the market will recover. there is no need to panic. be patient with the winner. try to increase the amount available.

There is always people who don't know anything about crypto market and try to panic people about the potoncial of crypto when the prices down...i beleve in crypto forever :)

My friend, you have made a very good point! To help our friends who may feel panicky, here is an excellent site I use:

https://bitscreener.com/screener

if you see, in fact, at the right side of each coin it lists the performance over the last 6 months.

EVERY coin, basically, has been on an uptrend in the past 6 months, despite the bloodbath we are seeing lately!

I hope you guys will find this tool useful!

I think I do not need to panic BTC naturally, I believe that BTC knows how to come back.

Good one.

This is all the move that you could take instead of selling and then leaving. After that, when you are just seeing news about the how large the price of bitcoin is regret.
Hold and get more. Then maybe we could all get our ROI and more.
Instead of crying in a corner then just make a move on how to get it back.
I strongly suggest also to what the OP's solution is.

It hurts when you just started this December 2017 and had a huge loss up to now, I'm doing the same as others, sell and hope that the price will rise again so we can invest again. I wish, one day I could get back what I lost and make profit of course.

Many people lost huge value of virtual it doesn't matter at all whether we panicked or not.
But these massive declines can lead to firm crypto economy and community.

I agree with you. this time is the time we have to calm down. Maybe look out of market and wait it pump again.

This is a great advice bro.A lot of weakhands are panicing right now,i also lose a lot of money right now but I'm still calm red days is just a normal day for me.Just wait cause its like a ball when it reached the dip it will bounce back upward.

If you invest, you will be afraid.Still fall in the present.But now something important is not to be sold.Market can grow at any time. So do not be afraid.Retention is important.

Very good and supportive post from TS. But will this be true if the BTC drops to 3K?

I do not open a coinmarketcap, but on the forum sometimes writes prices)

I absolutely agree with your ideas! Panic is never good for the market and image of crypto itself as well. We should stand strong and wait until market stands back with no panic at all. Personally I buy some alts as well because I consider it as a very good entry point of a long-term investment.

but in fact what he said was true. and i agree :)

All traders of the old economic school know that to give in to panic, only to make themselves poorer. If you not want to an error, do take a vacation for 2 weeks.

I think we have practically reached the bottom. Soon the market will continue the uptrend. The purchase has already begun. Most importantly patience. Good luck in the trade.

Better to extend your vacation as we see more corrections to happen maybe a month or more, but never to make a bad decision and loses your money we do have a lots of things to expect about cryto industry, with this current situation many people will be aware and might be interested investing too.

Many weak hands especially today lol. Not sure what is the cause probably the recent Indian Fud? I am confident this is temporary Let us hope to see some green soon we don't want to cause pain to weak hearted folks do we lol. Hodl
 ;) ;)

It's good to see these type of reminders, even though it should be pretty obvious. I do think the folks that panic may have invested much more than they can afford to lose. So if we want people to remain calm, it's simply investing what you can afford to lose and actually believing in the project you're invested in.

And I thought I will just see a lot of FUD's here in this community. Good thing  there are still people like this to remind us on what we should be doing right now. Thumbs up to you for your courage.
This should be the start of making this a bitcoin forum again.

But one question. Why is this in the altcoin section?

I think some people really don't know about the dynamics of the cryptomarkets. Unfortunately, they don't know being patient and they also don't know that, all they have will be just loss in the end of their panic sell.

Why I don't panic? Because I believe in the bright future of blockchain and cryptocurrencies, since it is not encrypted by luck or karma, but by science, by mathematical algorithms that cannot be hacked or broken. I believe, that people will realize how it works and how revolutionary and beneficial it is, and how it changes their lives making it faster and easier.  ;)

This is what makes me not to panic!  8)

Glad to see this post. I like your spirit. This post can help and motivate newbies like me. I'm start panicking a little bit. But i believe, price market will recover soon. Just hold tight and buy more. This is good opportunity, to buy my favorite coins.

It is the famous herd effect, the more the market falls, the more people panic and the more sales occur and the more the market falls. It is a downward cycle that forms and that will only be reversed when the big investors (whales) decide to return to the point of purchase.

Many weak hands especially today lol. Not sure what is the cause probably the recent Indian Fud? I am confident this is temporary Let us hope to see some green soon we don't want to cause pain to weak hearted folks do we lol. Hod to die

I personally agree that your advice is quite right. One of the things that makes people to panic is lack of understanding about the true nature of Bitcoin and cryptocurrency. Remember that every valuable currency will rise and fall because of the various activities of the users. There is always a demand and supply parameter that causes movement of the currency. Please don't always panic whenever you see such movements, it is normal. Yours is to react to it accordingly; that's you buy when it falls and sell when it soars. You should prepare to make profits when you see such trends unless you want to hold long. Even the US dollars does the same.

Don't get panic after seeing the price of the bitcoin guys because now the time may be bad but in future everything will be going good

I think too many people are panicking at bitcoin prices now, and immediately selling it for fear of bitcoin not going back as before
I see bitcoin graphs in the previous year's year, at the beginning of the year bitcoin always decreased drastically, but in the middle of the year and until the end of the year bitcoin always jumped, that's just my prediction about bitcoin, for this year hopefully like the previous year

That is what I am doing. I could spend all day staring at the btc value but that would drive me insane. Better to just forget it.


They pitiful right? xP They don't deserve bitcoin.


Emotion will make you lose money. You worry now and sell then in 2 months time we see $25k+ and then you cry :(
Buy BTCBTC or cry later!!

I see too much people panic on this time and sell their asset to cut loss. But when the price come to increase, they buy again.

Lately, there have been a lot of negative news. By all indications, the bear market has come now. We will have the patience to temporarily wait.

Yes, the best choice now is wait until market increase again

Good advice, and it's nice to see someone trying to help the newcomers. Holding is very sensible at the moment.
I totally agree that people who are panicked should hold, it's absolutely the best that they can do. We've had a bit of a bounceback this afternoon, but no real solid signs that the dip is over.

Couldn't agree more, and like I've said before...

https://ih1.redbubble.net/image.46052923.6069/ap,550x550,12x16,1,transparent,t.png

Sell, guys, sell all by any price. Bubble break. Crypto dotcom now!
But I go to buy some coins interested for me!  ;D I will check which ball you have - iron or glass  8)

Even Ethereum has fallen into this situation. I hope this decline does not last longer. In this case, most token owners will try to sell all tokens in their hands.

That's so sad.....  :-\ :-\

Your formula is quiet interesting, but for buying now needs to invest more money, and on 2nd thought one may think that the money he is investing now may end up like his previous investment, so investing more may not work out for him.

Our psychology makes us lose all our profits and close losing positions. The market should not have any emotions! Now you can clearly see that there is news stuffing, there is panic, it takes a little time to calm down and everything will start to grow again. There were no fundamental factors for such a fall!

The prices will go up again. This is the way this market is working!

When the price is low, buy and keep, it will go up again  ;)

Thank you for your good reminders because i'm really panic sometimes when i'm nervous because of your share im now good and trust altcoins, it really is in the crypto you'll be able to test how hard you are but how nice you are

This  is exactly my point. In this trade as i've observed in the cryptocurrency market, changes are very abrupt and in some cases big. If you're going to check the trend of the price of BTC itself over the year it shows significant drop at the same time significant rise. What's happening right now is actually an opportunity to buy coins for long term holding.

thank you for the information.
I was very panic fitting bitcoin prices dropped dramatically, and the development of the graph shows the declining day.
after i read this information i can image to buy it again...

too late i panicked , my colleague freaking out helped me a lot, but i hold and didn't sell, i will buy something cheap, it is sales promotion right now  ;D

It's hard not to panic if market prices go down, I'm worrying right now about my investment in Ethereum, but I think I should wait untill it raise up

I fully support! I think that panic is absolutely inappropriate in this situation, and those who bought Bitcoin or other coins at a high price - just wait for a while, and you will see that your money will not only return but also multiply!

It's very good that you wrote it. Because now really a very difficult situation and many panic. I also panicked, but then I realized that I'm not the first year in this market and I do not have to worry

Judging because today it happens with Bitcoin at its price, then it's almost impossible to abstain from a bad mood. I think that it's worth making sure before making the right choice to sell or save for the future. They sapronoses sound on the forum and the media are quite promising, but also a lot of information about the negative future of Bitcoin.

I admit and agree that we should avoid panic but for 1 months we are saying it can’t fall lower and it does... we are not panicking okay but people are starting to frighten

I personally think we should not panic, if you see the cryptocurrency market there is always a great ups and downs so once you invest you have to be patience and wait till the time you gain profit, a person who get panic, will definitely have to face loss.

Try to stay calm and make the most out of a bad situation. Buying in these dips are the best thing that you can do to limit your losses. It will go back up later this year and surpass the all time high, it always does and always will. Get some cheap coins now or regret what could be the last opportunity to get in.

Same thing took place last year. the major coins used to go extermely low for a while. Those who had managed to hold their coins made a fortune in a couple of months.

Maybe final decisions being made in Korea, Japan, China and Russia regarding crypto. Until that is settled we will keep reading bad news every few days.

What really happened? You panicked or not? Keep on holding, there's a lot of things to come in bitcoin and will be distributed to alts as well. Sales promotion with a lot of cheaper coins on sale so you better get yours before its too late. What decisions? There's no need for South Korea, Japan, China and Russia about crypto because no one will ban crypto. Don't believe in FUDs.

Panic everybody else will buy cheap

Keep calm and buy while cheap!
Just wait for the coming of crypto-spring after China's New Year. The Market must show us a great green rise. People believe in it, and, of course, it will happen) :)

Yeah don't panic it's not the end of the world you need to be patient we are now only in the second month we still have ten months, maybe who knows next month everything is gonna be okay all you need to do now is monitor the exchange market you can buy a liitle amount only just to fluctuate the exchange but if you feel that it will increase it in 3 weeks  then buy some more that's the game here.

I would add too that it is good to avoid news in rough periods. For me the best strategy for long term is just buy and hodl. Listening to all the FUD is just too stressful.

I am not panicking so far, but it is not easy.  I thought this correction would be over by now.  
I am still confident in my decisions and the coins I have and I hope everyone is confident as well.

Somebody must panic! If nobody panics they will keep reducing the price to catch some people to sell their bitcoins cheaper. Some people have to panic otherwise ths bearish run will never end.  :)

Yes, you have absolutely correctly calculated from the point of view of mathematics and financial management. If the project is not scam, then when all coins fall, you need to buy even more, in order to reduce the average purchase price. But just now the market is all in the red zone and there is nothing to sell, only it is necessary to transfer real dollars to the stock exchange.

Hello Cnut237 :)
I am total agree with you. If I were on your place then I will make the same thing because I don't know we will see we ever such low price in the future or this is last historical lowest price and after years people will make here some post full of nostalgia about currents prices)
No need panic for two reasons. First of all this have no any sense and it cannot return your investment. Normal investor need be strong and happy even if you see -50% - 70% of your investments, I think this is something as gambling or Ponzi scheme. So no need worry at all. I think if we all are here we need trust in crypto because we make history today and we need make good image of crypto because trust in this world is one of necessary thing.

Let some people panic for the drop price of BTC and other coins, let them sell what's on their wallet, it is also an opportunity for some calm buyers to gain or to hold some BTC point in their hand. We are calm, since price may drop but advertising and marketing is still obvious going, may we see better opportunities to strike in!

Always remember: If you sell now you will have lose. Some whales with a lot of money will buy your coins. Those whales are patience, so they can hold their coins easily a year or more, because they plane for long terms. If you are selling now, you just help those whales to get richer. Dont be a weak hand! Stay strong and HODL.

It's like investing in technology and we must think long term goal. Some people you know! they are panicking just because of fud news. but we need to work for ourself our emotion, We should be holding more coins just like taking care or valuing a precious gold.

When you enter cryptocurrency market you must do research and invest in promising coin. Then hold and let it grow. Avoid FUD as much as possible to avoid panic sell.

Only where sell cheap, there has panic.
But it is a hard time.  
Many people has no idea what should be do

We don't have the same mind or perspective but we should be iron balls here. Don't do day trading but instead hold your coins and make more bitcoin. HOLD is very powerful in Cryptos always remember that.

Good one. A panic spree will not help in any way. Many of us see those reds as a bloody warfare where everything is in chaos! This only means that these people are those who engaged into trading without full knowledge of the possibilities. They were not prepared! And when things like this happens, they go on whining, frowning, and drowning themselves in their own mistakes. They should come to their senses and understand that a dip is a necessary part of the trading system. Nothing continuously goes on an uptrend without dropping a bit. This is normal and is nothing to be worried about.

Even if people listen to the wise advice of experienced investors and trailers and will be able to resist panic and not sell their coins. still there are enough people, now who sell everything for nothing, and then buy again, but more expensive several times ...

I tried to keep silence during this crash period,  but can't do it anymore. Which news do create this panic selling?
I have very stable alts and I make changes very rare cause I don't like jumping from projects until they create something valuable. I understand that this crash is temporary and after it we will have very high growth. But I really don't understand the reasons behind such fall????

Agree. I am buying in more now because I also believe it will go high in the year

You are indeed right these people who bought bitcoin from december will definitely doing panic selling,but i couldnt disagree they should be buying more because the price of bitcoin is too cheap to its usual price.Maybe most of the people are scared but some like me is very happy with the situation because we will make money in just few months,always buy at the dip and sell it on the peaks.

Exactly I do, because I believe this huge dip it won't get any longer but it also take times for crypto to recover totally. Is just a way of patiently waiting, I know my self I'll be worthy of waiting. Yes exactly a good idea to take advantage of buying coins for it is absolutely cheap right now and some people are keep on selling their coin.

This is one of the way on changing your average entry price but would really be hard to convinced yourself on investing even more because of the panic that price dips do gave into you. If you are trading on swings then this would be applicable but you should really be a risk taker since price movements wont really be a guarantee that it would goes on what you did expect.

No panic I agree but there are surely many alts that won't ever recover for this big dip. There were lots oh alts who were heavily pumped without a good reason. Those are the ones that took the hardest hits and I guess it's game over for most of them.

Sad but true, I think there will be many coins failing due to the massive pumps :(

There is no assurance in investment. In order to have a bigger chance of success, you must put your trust  in it. But if you are feeling anxious due to the dropping of values and still wanted to buy more coins, invest only portion of your money that you can afford to lose. And the best thing to do is not to panic sell.

What if the panic is justified and people are trying to squeeze out of the door? You thought banks would roll over and let them be surpassed by amateurs? Especially ICOs are at risk, because do you know how hard and  expensive going public is for a stock market company is? That's because there is a lot of paperwork and money to grease the wheels involved. No way the banks, regulators and stock exchanges are going to let ICOs indefinitely cut that red tape and bypass rules and 'grease'. 

It's easy to advice not panic if your risk is zero , or just in your acceptable range . But if you loosing a lot , that's another sad story . Of course you will be afraid loosing your money , but just keep your head clear . Think , analyze what can you do in this situation . If you have any insider information - use it for trading , if not - damn , you always can fix your losses , as well as hodl till the end . But , in my opinion selling now is exactly what the "whales' whant , so you'd better be patient , I hope market will stabilize soon

a lot of people said this is a corrections not a trend change
and i hope you are right about this,,
anyway your calculations about average entry price is good, because people will think about buy more not to sell in panic
nice suggestions mate  ;)

Panic is called panic exactly because you cannot control, and it is proportional to what you are at risk of losing compared to what you can afford to lose. This being said, you have to avoid to put yourself in the conditions where you would have no choice but panic.

a weak hands will always come in this situations, because this is about psychology
i see a lot of new traders or investors in crypto, thats do not have good even enough psychology and emotions in trading
then the lose and forget about the keys of succesfull traders, thats called patience

I am definitely not panicking, I am extremely happy. I am buying all sorts of coins at cheap!! I bought Cardano at $0.30 and the all time high was $1.26!!! I just hope the dip lasts until I can get my tax refund back so then I can really go shopping lol ;) ;) ;)

Yeah, people need to chill (but they can't as they went all-in, plus they sold their house, wife and kidney to buy Bitconnect), market can't rise all the time, corrections are healthy and we should see a nice rise over upcoming months. Just think about it for a second: why should whales dump it at the moment, when we are not recognised in a global scale and there really is a reason to rise as most of the implementations of great new companies aren't even done yet? I'd be a fool when this will crash (really don't think so), but at least I have made some extra money, so I'm okay with that.

HODL as new heights are just ahead of us!

I totally agree!! Anyone who is panic selling at the moment will sure regret their actions in the next few coming weeks. I really can’t understand why this is not clear to everyone. Since the whole market is dropping it mean that this has nothing to do with any individual position; and once the correction is over, we will see gains again.

I'm not panicking in this side of the Earth!  ;D I am actually enjoying looking at my portfolio in where the only coins that I am in profit are those coins from airdrops LOL! I'm sad that I can't shop though as this is really a great opportunity to own more coins before it goes to the moon again.

yes its true, its not a sell time and panic time, its a buy time i think.  buy when its dropping, and sell when its increasing. it will be a low run for 2 months than target will be to the moon.

I agree with the author of this topic. Now nothing unusual is happening. The market is adjusted after rapid growth. Do not sell!

Actually, there's a reason why they can panic. So we can not blame them completely. But there are also a variety of annoying beginners who want to get a lot of profit in the near future with Bitcoin. It is not impossible if you have much capital. But you must be patient if you invest into crypto. Because if there is a price decline like this, we must be patient to wait until the price rises. If it has not gone up, we can not get profit. People need to chill (but they can't as they went all-in, plus they sold their house, wife and kidney to buy Bitconnect), market can't rise all the time, corrections are healthy and we should see a nice rise over upcoming months.

I never panicked because I truly believe in the technology. This is the future we are talking about. We are getting closer day by day and I don't want to miss this.

While everyone is panicking and dumping, has anyone got any suggestions on what is good to buy at  the minute.
Im finding it very hard to choose the right investments lately, I keep getting stung :(

Its depend to the people because some of them thier profit is on the coin, but the other are not panic because they maintain ther coin and wait to rise it again..
But thankyou for tour suggestion  its good to the people who appriciate your effort.

Of course, without panic, appreciate the fact that the cryptocurrency is so falling because in this it is good, you can earn very well on the fall! Once everything becomes stable, it will be interesting only for housewives! :D

I bought ETH at 1250$ and now i bought same amount at 900$ so I get better average :p

good thread sir, in deed. everyone who holding bitcoin or other coin should don't do panic sale.

we know bitcoin have a high price and hard to buy it, and now the price is down many people see the positive thing on this crash, maybe some people thing this is end of bitcoin to.

but for investment who have experience in bitcoin they see the reverse of this crash, like in this thread say BUY, don't SELL. it is a thought that may be possessed for people who still believe in bitcoin because of their experience. panic is the worst thing, thing they money can loss. maybe we should change our speculation about bitcoin.

Exactly !!!Dont panic to avoid losses.Some people are panic if there holding dump or price went down.Its not a big problem just hold it and wait for the right time to sell and harvest.It will up soon for the right time.If you sell your holding at low rate then welcome to the losser club.Dont panic as crypto currency is not constant in value,It will pump too much and dump much too.Research the token and platform before investing.

you should not panic, because in the near future everything will be fine, but if you are too emotional, then better just switch from the monitor and enjoy your life. Everything will be alright

so we have to love the stuff we care about and we guard because it is so valuable as treasure may be in another form but if there are buyers who bargain at low price and we need money we have to find another solution to this value value up to what we want to have to wait and do not panic for the results as I think so ??

This is a very interesting post and show how vast you are in the use economic terms.  Demand and supply functions are very much important economic tools in creating maximum impact on the movement of cryptocurrencies. Thank you and keep up your writing good comments.

Yes I agree with you. All prices are currently down to the bottom. All I can do is hold all my coins until the price is high.

The analysis is good, though some of the points are wrong, but they are generally correct, if you have to have a good faith in bitcoin. For example, I am still buying and holding bitcoin despite its ups and downs.

I also think that it's probably not necessary to panic, because a lot of people have already sold their bitcoin for cheap, so it's probably already necessary to stop panicking and start buying bitcoin, so cheap it was last year in the fall

What is happening now, people who have panic may have invested much more than they can afford to lose. Better now to extend your vacation, because we see a big market correction. So wait, when will be Chinese new year and after it is possible to make further decisions. At the moment

I agree, buying right now is the best advice and option for all of us. It may rise up soon. There is actually no need to panic a lot. Give patience everything will be on track back.

People are creating imaginary FUD, small investors are paying the price of panicking after seeing the price goes downfall. And big whales are taking advantages of these situation. You must not panic and sell coins from your portfolio. At a times like this remain calm and composed will be rewarded later.

I think the panic is over, let's buy back everythin with a cheap price!

i hope so too . Time to buy. There was huge panic sell . i thought it will go down to 5k. Now its almost 9k. maybe it will go down again.

I panic at first. But asked some veterans on the bitcoin league and they said the same to me. Don't sell your coins, it is just bitcoin taking it course as a market. It has it ups and down like the first years but it will eventually bounce back harder.

The other greedy u stay fear,  the other fear u try greedy.
This is a way to win or just buy some value coin and leave them alone and wait for 3 years.

It is normal for bitcoin to drop its price. I have my tokens but I am going to hold it up until the price of bitcoin increase again. I'm sure that the price of the bitcoin will go up again because of the investors and we should not be greedy because we will have a regrets in the end.

Yes that right dont panic, this down trend just temporary and will be change to up trend. In all markets there must be there are up trend and down trend and now I see down trend has ended and will be replaced with up trend, so investor or trader who still floating minus be patient waiting for up trend.

thats the spirit! keep fighting, there is no room for selling now and instead lets buy some more bitcoin. Thats the right things to do in a scenarios like this. If we can handle bitcoins worst then we deserves his best :)

We have the same point of view,and im doing that trading tactics,buying more coins when it dipped,this is a great strartegy ive been using for more than a year,really helped my to survived this long.These people who are doing panic selling are stupid investors which doesnt believe in bitcoin's technology thats why they are dumping bitcoins when theres a FUD.

Too sad but most hamsters don't read such alerts. They are too busy for this with buying high and selling low  ;D Anyway - nice try.

This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes

i agree. huge dip but because most of my coins were in the red i had no cash to buy the dip. always leave some cash so you can buy at a great time.

As a new user its hard to not panic, when you see so big swings and all your money is there:( hope i will be more rich in future and this swings will be small to me.

It would be fantastic know if the market is going to bounce up or going down again  ???

Until you cash out, you haven't made gains or losses. Have confidence and ride the waves!

It's ok to panic because panic will put some cryptocurrency traders and investors advantage. I mean, have we don't earn much money without them, right?
I'm feeling Thankful for the weak hands because for me I deserve their hard earned money and that's being the tool for tendering their money into the patient investors and optimistic Hodlers.

This is also one of my mistakes the past year. Not taking profit and having free cash on standby since i went all in. I hope that this time i get to buy at great dips like what was happening right now. Hoping there will be a bull run in the coming days!

If you panic and sell then you lose your money  :'( I open the schedule for the last year and I see the same bitcoin fell by 40% per week; / and then it grew again;) it's normal; P

Honestly, I really do not want to panic but it hurts to see your coins that you bought in higher price but now they are consistently dropping in the market. Nice point of view to buy now while it is low and save it for long term.

Do not panic)) accept and resign yourself to the fact that you have lost money and will not return more of them, bitcoin will be hanging out for a very long time

Yes that's exactly right, panicking will make the matter worst in fact while the coins are down we should "HODL" or better yet invest for more because once becomes stable we will benefit from it. In this world of cryptocurrency, we should be patience and dont be greedy as well and make do a research about this coin or token and their developmental platform

There are clear reason to panic ATM, not long term.. But the crypto market is highly overvalued and 98 % of the project are useless.

I think  it's perfect time to buy because now bitcoin price really very drops, Grab the chance before it is too late.

Agree! I not understand why do people begin so to panic? Remember, how many times the course of bitcoin drops and rose back. He simply needs time.

I'm sorry for those investors who bought bitcoin at 15000-20000 dollars. Now they are in a panic, it's obvious. I would also panic if I had no experience in crypto. But I know and believe that bitcoin always recovers. A patience is the key.

Whales are now doing their best to cause severe panic among beginners. They want to get to lower prices to enter crypto once again for very large sums of money. Thanks to hamsters whales will become richer and crypto hamsters are poorer ;)

I beg to differ! I'm going to be the richest hamster ever :) HODL for the win.

Thank you for your good reminders because i'm really panic sometimes when i'm nervous because of your share im now good and trust altcoins, it really is in the crypto you'll be able to test how hard you are but how nice you are

That is very common for the people to get panic when the value of their bought coin is decreasing and they are losing money and specailly when he has invested a lot of their assets in some places. In such situation one think as to atleast some of his investment and therefore he start selling, Which end all his hopes, i think in current situation as the price is already now decreasing therefore we should to try to hold our investment and not sell it because we are still too much confident about bitcoin price that it will get recover very soon.

I don't mean to panic anyone, but i see on a lot of threads people considering this just a market correction, will the news coming in about governments and back and now the G20 meeting, isn't this war?

yeeahah agreedd. dont panic guyss, its just part of market activity. soon it will be back to normal again

I do not need to panic, the market will improve soon

It maybe a war, but crypto will survive, dont sell now you will regret it later :)

I never panicked, I think I've had an experience like this in the past year. I used to also sell my coins when the market price is like this and I finally lose because a few weeks or a month later the price back up

I am not panic but I need big cash in fiat. I need to withdraw about 2 BTC. I think i made a lot of lost now. I regret why I didn't sell when the price is 20 K

I agree with this, instead of selling all our bitcoins in a low price that can lead us of losing a lot of money, why don't we use this dumping price of bitcoin as an opportunity to buy more of it while its still has a cheaper price. So we can gain a lot of profit when the price comes back to its highest price in the near future.

It's definitely break the pattern of previous correction. This one is deeper than any other one in last two years since BTC started this big bull run.

People really tend to panic when they see that they are losing profit and I think its just normal, but in the ,crypto world especially when you know that you are holding a great coin, a coin that has lots of potential and that it is gonna be big, I would say that panicking is not an option, and we should continue to hold and let it make us the profit that we want. So panicking is not gonna do us any good.

yeah dont panic folks. which do you prefer?
cut a loss or wait til profit ?
i will wait until the crypto market recover.
i still have a faith in crypto.

Yes indeed the current price is still in poor condition That's why we need to try to be patient and keep trying to earn altcoin profits every time But the only way someone to restore this state is to buy back the previously declining coins.

Yaa wise suggestion  don't panic Stay keep calm and be patient . Right now this is the time to buy and average. If you panic and sell then you lose your money.

Agreed with most of the posts saying to hold. This is just a correction as previous month was just too bull and it was obvious that prices would be unsustainable. Give the market some time to establish support levels and it will definitely grow again in the upcoming months.

this king of thread is what we need now,this aspiring post in which pursuing the bitcoiners and alt holders to keep working.dont anticipate trolls thread to make you panic,instead only read those post of encouragement to boost our morale..we can make this red community back in green if we will just support each others..tell each others and push each others  ,we will benefits from this sooner i trust my coins

Yes that's right don't panic it is the right thing to do when there's a dumping in the market. Or else wait until it rise again and be patient because its natural to cryptocurrency to goes down and up, so you should wait because there's no reason to panic.

Only weak hands will sell their coins when they see it going down. I do it too in the past i sell my bitcoin because i did not know if my investment will turn up to -50% or to zero. Then after doing that the price goes back again and recover a little. I think i might disregard this panic things because it only will lead to my losses. Now, I just continue holding and don't care of the downtrend of the price.

I am totally agree with u. I am also loosing faith and very panic when saw very big loss. But after reading many article i can understand this is a market trend. And this is not a time to panic although this a chance to invest more at current level and make an average, hold it for long term or gain maximum profit from this. So thankful to all who encourage peoples for positive thinking.

Very correct reasoning, fully support. Anyone who will not sell now will soon be in a good profit. The market will necessarily go up!

You have written very reasonable thoughts. Investors listen to them!

Good thought , many new holder of crypto sells when they saw the price fluctuating they are not familiar with the flow like me before when im new in crypto when the price goes down I usually sell and i regret when the price goes up . Some when the price is fluctuating the best thing to do is to hold or to buy some coin.

I do not panic at all but I wait for when bitcoin and altcoin will return as before or more. does anyone know about future logging later?

i completely agree with u. patience is the key to success here in crypto world. if u panic then u will losse

I have to agree, there's really not much need for panic. Rather buy while the price is still low. Looking at trends from the past year, there's good reason to believe that the prices will steadily increase within this year. As the adage goes, patience is a virtue.

There's no point getting into panic about Altcoins situation, quickling selling of altcoins without thinking carefully or because of the current exchange problem might not be the best of it, one could rather buy when the price is still low, investment involve risk taking, which is so paramount in cryptocurrency for any one who wants to be successful. All are not that easy though buh one have to always  remember that patience dog eat the fattest bone. The current dip don't mark the end of cryptos'.

Yes, I agree with you. You should search google to know that most of information now are fake news. For example, South Korea, India do not ban cryptocurrency, they just wanna control them. So, let's calm down in any situations.

for a person who has a coin by buying it will surely panic but for who gets a coin from airdrop or other free coins probably will not panic because it does not spend a lot of money to get the coin

I am not panicking but as we know that the markets are still going to go down further, we have decided with my Wife to sell off a small portion of our portfolio to get some health issues done and basic house repairs, like a leaking roof fixed and not delay our lives any longer. If the market turns then we still got 90% of our portfolio in tact to rise and make some profit from. In any case whatever we have is a bonus as we earned all our coins through working hard on the internet. Of course if we had sold at ATH few weeks ago we could have probably semi retired with that money but never mind we make mistakes and we learn but I am not panic selling but strategically planning and making use finally of some of the income sitting there, not just for survival, but at least to make our lives a little ibt more comfortable in the mean time and if one day our coins left we hold moon, then we might even take a nice family vacation.  ;D

If you invest a lot of you hard earned money from your own pocket then it's normal that you feel panic this time because I know that everyone invested cryptocurrency with one purpose, to get profit someday and that's why many of us are investing for short-term and long-term investments because we to see our good future.
I would say, don't panic and hold your money as tight as you could because after this crisis, Cryptocurrency will soon going to the moon.
Panic will lead you to lose your investments and will take away your happiness...

then how do we get to this kind of problem,
is not this very difficult to gain profit in the near future

Of course, you will be afraid losing your money, but just keep your head clear This is one of the ways of changing your average entry price but would really be hard to convince yourself on investing even more because of the panic that price dips do give into you. If you are trading on swings then this would be applicable but you should really be a risk taker since price movements won't really be a guarantee that it would go on what you did expect.

In the world of crypto currency, the worst thing which you do to yourself is to get panic especially at the time when the market value is falling down. Getting panic actually makes you suffer in a way that you lose control over your emotions and you make decision on which you later on regret in your life. It is better not to do such kind of thing especially when your money is at the stake.

although we should not panic but the fact, we don't want to see the price is suddenly down too deep like today and some of us trying to sell their bitcoin while they getting lose of their money. I see that people doing fast selling before the price get deeper than now and they expecting to buy at lower price. but I really like with the calculation from the OP and I think we can use this as our guide to cover our lose so far and I think it will reduces our average entry point.

It is in order that people in a panic began to sell their bitcoins and put on the market negative rumors about bitcoin. Have patience and wait. Correction can not last forever. It will end and growth will begin.

Thanks for the info.
I was very panicked, the bitcoins prices fell sharply, and the chart shows a declining day.
After I read this information, I can buy it again.

We must be patient and wait until the price is too high guys. Panic make our get small profit. So, I think that patient is key to get many profits :)

Indeed, panic has no effect.
The bear market in cryptocurrency markets has come, and I think the only thing I need to do right now is to wait for the next bull market to come, and I don't think it will take too long.

I agreed, please don’t panic sell. Panic selling is not helping for the market of cryptocurrencies and it can have a low value in marketing. For me, it is time buy more altcoins or bitcoin to have a greater profits in the future and it will have a good value in the future. Panic selling is not helping the marketing of cryptocurrency and also you. You will have a negative profits if you sell your coins in a low value and you can lose money if you sell your coin. The better decision is to buy more altcoins or bitcoin and hold it until the prices will increases again.

it will not hurt you if you will not look at it as short term investment, better stay positive and start buying more bitcoin as possible. hopefully next month prices will go up. stay positive.

I also think that you do not need to sell now. Do not panic. This from us just jute those who are sowing this panic. Just need to wait a little. The market is cyclical and soon the price growth should begin.

At today's market the persons or community finally into crypto has slowly increased. But these persons have became investors yet so unknowledgeable. These weak hands or participating in panic selling are investors which has insufficient learnings about the cryptocurrency. We should always remember at all times that when you invest, you should study, research or make some investigation about where will you put your money in. At this case, when you are in the cryptocurrency, price fluctations are very normal. No market has always become on the point of increasing without any even slight or small decrease in the market.
The knowledegable persons and experts should lend sometimes a hand for those who are unequipped to also produce better investors rather than weak hands.

I think its not neccesary to do panic right now, Btc cant go always just up if it ll be like that it wouldnt be trading it would be profit platfrom. So be patient and wait moving of btc it is very soon.

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

Well, all this mess on market is partly BECAUSE of all those panic-sellers!

If you were entering with the target of 30,000 dollars for 1 bitcoin with the investment horizon of 1 year. Then what's the point of panicking?

This is good advice.
Don't panic or you can lose a lot of money if you panic sell.
Holding long-term is the way to go. The prices of most top coins will be rising soon and the market will be back on its feet.
This happens from time to time in the crypto-market.

It's hard, but what a choice you have, sell everything now at such low prices, or overcome yourself and in time you will make a profit when bitcoin and altcoyines will again begin to grow in value.

I started to panic now, I just bought some altcoin because I thought the price was low enough, the price dropped again until I suffered a 50% loss, what should I do now ? sell or keep hold again ? or I do have to buy more coins and expect the price to go up ?

you only lost when you sell it. i would not sell if the price is lower than my bought price, just being patient  :)

agree. The long term is extremely good. The price right now is acceptable for anyone who wants to join the market and start making money by investing in a coin. Bitcoin will be back soon and I believe that the price will increase significantly after the lunar new year.

We all are gonna die, it is over guys :(

it makes sense also your statement, but many also play here for short-term investments because expect a fast money velocity I am sure that this kind of panic when the view of the price is going down.

Good advice, you aint lot nothing til you sell :)

If you are on loss guys don't sell. I heard wall street want to short BTC as soon as possible because big people on stock markets will go to crypto that's why on stock market has also sudden dipped. Just HODL guys afterwards all of us would be rewarded.

Good suggestion. I also ask holder not to panic. I am newbie here but i learn more about not panic from senior.
I dont sell my asset now for making big loss. Only loss which we are facing now if we sell asset now.

Lol this is not the end weak hands are seilling because of the news and like you they thought this is the end but all of you are wrong, btf price is high compared to last year price.

Yes, do not affect by the current price of crypto market now.
lets look at the future. i believe there is a great future for crypto market.

Today don't panic is the right thing to do because of huge dropping in the market, I think there's a also big opportunity to us when the value rise again in so much high. So don't easily scared that make you decide to sell your coins just hold it until it increase again don't easily manipulate by some people to sell your coin to them.

 This ultimate corrections is really unpredictable and risky so i sold it at a high price then will buy it cheap soon because the problem right now is when you buy the dip but it dips more so for the others they extended their patience, hold and will continue to absorb 60% dump losses even its hurt but for me it is not panic but it is a trading strategy to Sell high and buy low.

Good advice, in a panic investment should be avoided because it can make yourself a loss. Do not just look at the market price down and you immediately sell the coins at a cheap price. It should be like this we can see the opportunity, that is by buying as much coins as possible and hold it in the wallet so it can be sold when the price is high.

nice one bro , im doing this too  Cry , but its hurts lol  :o

Suppose Mental still strong should not panic. Indeed the price of BTC, ETH and all alt coins is very bad price. There may be other factors that affect. But people panicked when all prices dropped dramatically.

what if this be the end of the cryptocurrency period? are you going to buy a crypto asset when the price actually falls?
although I'm sure the price will bounce, but I doubt when the price will bounce

with the price situation almost all the coins are down a lot of people who panic but I do not like that because I'm sure and keep hoping the price will go up again

Seeing the current market is difficult not to panic)) But for those who first see such a fall I can say, do not worry, next time you will treat him more calmly.  There were already such falls, and then all the coins were restored.

Whom panics? Only HOLD and BUY!!!

This is a nice subject can be useful for all of us who invest in bitcoin, true if currently better we make buying as market prices all declined and remained the focus with the circumstances.

True friend we all don't panic just yet with the State as it is now this very sad coin prices we see, FAP we can only be patient just a best friend while trying again for the future.

Indeed don't panice to sell all of your altcoins.Why scared? there's so many holders hold there altcoins.

Yes it is a common process in the crypto market. But this time it is not. You should read more news and analyze them. Currently China is beginning to take measures to prevent bitcoin in order to avoid the danger it causes.
Bitcoin is not only used in transactions and business, bitcoin is also used in illegal organizations. That makes some countries afraid and they have to stop the bitcoin. So this is not a really good time to invest. We should wait and do nothing.

just hold, its just a matter of you belive in the future of crypto or not. this is not yet the time for this.bubble to.burst. so dont panic.

Are you recommending ignoring crypto and getting into porn for a while?

But seriously. Now is not the time to panic. Now is the time to watch closely and see how far rhis thing is gonna fall. Good buy oportunities coming up imho. Prob when BTC hits 4000-5000 and ETH hits 400-500
M :P 8)

When the price change is not what we expected it to be. that's why using all the money to buy once is a risky thing. then a good allocation of funds is important so when the price goes down you still have other funds to cover the losses that might be incurred. or you can buy again when the price goes down. which is important today do not panic. do not cutlose. continue to hold whatever happens. I'm sure the price will be bounce soon!

Reality hurts :( but we need to face the fact that it is what it is right now. All we need to do is continue what we have started even though on this very anxious moment of truth.

yes i agree dont panic bitcoin is down for now but hold the coin and wait til the price is boom

having a good knowledge and making some right decision that you think that it may be as a good decision to be while you are here in crypto currency are making to be as a best way to be.

I need to be clear. The current decline is likely to dip even further. I think Bitcoin's fee will come down between 3000 - 4000 USD. Of course, mine is just a guess. Those who don't put enough money aside and use cryptocurrencies like gambling, I think they should never enter into the business of investing in this cryptocurrencies. I suppose we need to wait a little longer to make purchases.

other people dont have the same amount to buy again when the price drop
price is unpredictable price drop always happen in bitcoin. the best thing they need to do is HODL

So as not to panic,  need to distract yourself, and not wait for the price to rise in front of  monitor. After a while, the market will return to growth.  need to do something useful, for example, spending time with family

although we don't have the same amount to buy, we still have the same opportunity to buy bitcoin and if you still don't want to buy bitcoin just in case the price drops again, you could still hold your bitcoin until it increases back later. I agree that the price unpredictable and many of us doesn't predict that the price could drop until $6k but it's really happening now and I think we need to break for a while after so many drops since November until this February.

Don't panic because it is normal when the market price drops, there always be ups and downs, be patient. Just wait until the price explode again, but if you think this is the time, the best time to buy coins because the price drops, hold it in long term, then when the price goes up, it gave you more profit..

Good advice. I am also aware that the market is on down trend. But it's really hurt when looking at my investment decreasing day by day T.T

Falling price of all coins are occuring due to spread negativity by some blacksheep who want to dump crypto markets and buy at lower price. Don't panic guys. Just be patient. Hold your coins now and try to buy some coins at the prevailing rate to reduce buy rate. Hope a bright sunny day will come after the dark night.

We can't do nothing about its unstable price. But we shouldn't have to panic because it's normal.
You can instead buy btc or wait for its price to come back. But remember not to sell your btc.

I totally agree. Because of the panic you can lose your money. Be cold-blooded.Dont sell yours altcoins now. Just hold and wait for the price to turn around and start growing again. I guess it will begin to grow soon.

bitcoin is bad and sink, why are you so sure this will all return to normal. from where you know about it so I'm sure and hold my Bitcoin up again

I think panic sell has not started yet. We are approaching to this time and now we just have to wait what will happen

we don't know this downtrend until when, dip back to 1xxB marketcap or suddenly rising back to $5xxB marketcap ? , I don't panic , just let them playing the price right now , I'm just hold my coin and wait for price fly to moon again

it's the least we can do,
but yes we already see -50% of bitcoin in just acouple of days, but each time bitcoin make it quicker and deeper, this times it's a freaking dive, hope it will stabilize and come back to a healthy grow. at the moment it's the backbones of the 2017 spike ...

Agreeing to this one. There has been cases that the market reaches 90% drop, so why worry? If you really know the vision of satoshi then i'll tell you there's no bottom my friend.

Its very hard to look at situation on the market and not panic, but another hand it is too late to sell and only right decision now is to take vacation from crypro before situation changes on the market.

There is no way, you must learn to endure this kind of thing. Tomorrow will be better, and personally, I think the bitcoin price is now very close to the bottom, and I bought 500,000 SC yesterday.

The only one choice is to hold your coins and look for buying more

As of now i am in the middle of calm to panic due to the drop of the bitcoin and altcoins but i change my mindset to use this oppurtunity to buy more altcoins due to its price it is very low but choose the right coins to buy because there are some mix dump and dying ones

To  panic is  just  a  normal response,  but it  can't help,  If  the  price goes down be calm and wait patiently until it rise up again. Just like any other commodities in the market rising and falling is just normal.

that's why still hodl all my coins and tokens. Because I tell to myself that I'm not gonna watch my account till nex December :)) Hope, next December price will be more than 16k  ;D

That's what patience needs to have. A whole year just wait. It's so simple and so difficult at the same time. For me, waiting is sometimes harder than acting.

Yeah, good advice. I think criptocurrency is at the bottom of correction  at present. It is perfect time to buy and hold for profit

you do not need to panic if you panic, you are losing right now it's time to chase new investments you think you will regret next year you will make the worst thing to do is to exit from investments

Are you sure that when the price fell 3 times, then it will also suddenly rise to current values or higher?

I completely agree. I see most of my crypto friends having sleepless nights. Meanwhile, I am just thinking long term benefits. This is a golden opportunity for us to invest more in Bitcoin.

absolutely and absolutely no need to panic. panic will only cause us to lose important to remain calm and continue to invest all together we will see our investments in very beautiful places

yes you are right, and thanks for the advice I am still holding my coin, I will also buy as much and hold for profit, I want to cover my loss

If you haven't used leverage and have money at hand, the current market drop is ideal situation for you to increase exposure to crypto by buying coins/tokens at very lucrative prices and get fantastic returnt during market rebound.

This does not happen for the first time. Such movements in the market were before this. At the moment no need to panic. I suppose we'll just have to wait and see what happens.

Here is the correct view from the point of view of the crypto-investor. This drop is a chance to buy at a good price. But do not forget that you can not risk only a large part of your investment capital.

Crypto trading is risky, masternode mining is awesome, find a solid coin and HOLD!!!

I would definitely consider this coin, it has a niche market and had an amazing start!

Check out this new coin, already on exchange!  ROI looks very good!  Medical & Commercial Cryptocurrency with Masternode and Privacy!

https://bitcointalk.org/index.php?topic=2753447.0

Do your own research, study your own investments Smiley and luck will come to you Smiley


The stats are taking from https://masternodes.online/currencies/MEDIC/
MEDIC DAILY INCOME (02/01/2018)
$1,177.6975
0.13773984 BTC
5465.8667 MEDIC

Although BTC price is low today but MEDIC MNs still have very good return.

Really great motivation you got there. But yeah it's true that people who bought coins for the month of December 2017 at a high price were the ones panicing to sell off their investments just to cut off their losses.

You do not need to panic at all. But we are people. We need to learn to cope with our emotions, because these emotions prevent us from living. If a person panics, he is prone to manipulation and wrong actions. So do not panic, try to control yourself.

I agree to that, most of the pioneers like me does not even bother on the prices in the market right now because we already know that the market will still go back to normal after a few months, the good thing to do right now is to invest while the value of the coins is still very low in order to earn a lot of profit when the market goes back to normal.

Thanks for the advice it will help many people understand that at the time of bloodbath people should buy more instead of selling because after every bloodbath market grow again so if we buy when its down we will get more profit.

Cryptocurrency is meant for brave minded person in the sense that they take risk at any time besides life it self is all about risk I see no reason why some people waste their Digital assets in the name of panic! And when the price comes up again now they will still be the once crying and regreting I will advice all Bitcoin owners to be patient because the best is yet to come we will all smile again soon.....

We don't have any reason to panic sell. Just look what price was 1 year ago and you will understand that you still in profit if you don't sell , just Hodl

I fully agree with you! This is a great tip. I think it's worth buying bitcoin now, because in a month it will be more expensive anyway)

Cryptos will skyrocket soon:

>200tn USD is parked in asset classes which are massively overvalued and are about the implode (stocks, bonds etc).
<0.4tn USD is invested in cryptos, of which some are massively undervalued due to yet to be widely acknowledged world changing potential.

Large money flows will move into the crypto space soon. Limited coin supply results in skyrocketing coin prices.

Look into DeepOnion (ONION) and Nuls (NULS).

I have neve panic ed . Actually i was happy to buy more

you do not have to panic and just wait for the coins to recover together with the BTC, if you sell will have a loss of money, and with the panic to the market is in the red and only wait for the market to normalize.

I think this is a reversal of the market, do you think it has come ? or is it too early to rejoice ? I bought some money if there's another fall before I buy more.

I can't buy cause my all money at crypts already I am using there like bank if I need money I withdraw some but thats all.This months I totally fucked up but we will se shiny days

Let's admit that the market of crypto-currency is simply overheated. Many claimed that the market was overvalued when bitcoin first reached $ 2,000.
If you really believe in crypto currency, then the red numbers next to the name of the coins should bring you relief.

Yes, this is a good thing so those newbie can avoid panic selling. Good thing they consulted here also in forums. Just make your own strategies guys so you can minimize your losses and can x2 or x3 or more you profit. Goodluck continue for sharing your ideas everyone this will help many people here in forum.

Hi

Don't panic and wait. BTC is dead so many times ! Newbies must have a break : don't look at coinmarketcap and make something else, you'll avoid panic sells !

this is a classic mistake that usually happens to newbie today, those who do not follow the price of bitcoin or other coin from the beginning will feel panic when they see the current price table that is bleeding.
I would advise to hold it because 50% or 30% loss is not a disaster for bitcoin, you should see bitcoin price growth from month to month or year to year.

Im not panicking. I trust cryptocurrency especially at bitcoin and altcoins like neo and litecoin. Cryptocurrency price are declining but it regains slowly right now. There's nothing to worry, cryptocurrency will regain it's worth value and stability in the market

Now everything is ok. I actualy panic and sell some of my asset to fiat. I hold about 0.6 BTC now worth of fiat. other asset are still in the wallet. i think I will HODL of my crypto asset wait for the highest price.

Those traders who are only losing profit in this times are newbies, there is no reason to panic and do not think of downtime in the market as a bad days because we can invest further since the value is low. Now, if you worried that the price of your coins is decreasing then hold still for you not to lose your profit.

I always panic  on situation  according on what i expect on of all coins in the market. I have no a lot of coins to be change but when times comes my coins have been distributed it is nothing coz no value or lower value at all.
 

Panic selling is always the problem of the traders who just newly joined this industry, most of them are selling their coins even at the lowest price when the dumping of cryptocurrency hits the market. Experience is always the best knowledge to be succesful in trading.

For sure, panicking makes you dumb. If you panic you might lose all your confidence and lose all your tokens because you are only dumping all your coins without exact information. You are only following to dump because of the market now. Don't be afraid and just relax everything will be under control soon.

Definitely. But I further suggest cost averaging. Buy in chunks rather than in bulk. You don't know it the current price have hit rock bottom. Chunk your investments into 6 parts and buy every two weeks or any good interval. Say you buy now one part at 8K, then next week the price dropped at 6 k, then you buy another part and so on. By this you further take advantage of lowering your average by riding through the dips and rise of the volatile cryptocurrency market.

This is a great advice. Actually, this is a very basic stuff here in crypto. There are so many very important rules here if we want to gain instead of lose. One of which is that do not sell with a loss. Selling with a loss will only cement your loss and you will never be able to take back what you have lost. They are gone for good. Whereas, if you hodl when your coins are losing, that means when the price of your coins will bounce back you will start to earn profit. The sellers will badly miss that.

While there's a FUD going on and this yearly drop is happening, you can assume that the prices of the coins will reach even higher that they have been before the wide price drop happened.

Good info and can be an idea that can be used as a principle in the world of cryptocurrency. I am also confident with the cryptocurrency conditions that will go ahead

i also with your side. i always used to buy at lower prices. that called a strategy.this big dip not last forever. this market will recover to reasonable prices, keep hodl guys

Yes I have seen the history of bitcoin prices, indeed the price cycle that goes down often occurs in the previous year. I agree with you that now is not the time to panic and sell the coins we have. Currently, my assets have fallen by about 50% and I still hold them firmly, because I'm sure the next few months crypto prices will recover.

Be smart and never invest what you can't afford to lose.

It might be too late to sell but it's not too late to start accumulating right here, great time to also start averaging down here if you're still holding.

I agree with the 'don't panic' part. But, buying in more is a lot easier said than done. It might need a lot of courage. :(

I totally agreed to you because panicking is not helping us to make the bitcoin be better again. I think the best idea is just to hold and be patience until the bitcoin or altcoins comeback again. Just invest wisely in the world of cryptocurrency. All of can't afford to lose some investment but we need to be patience at all time when it comes to investing. I think the best idea is to buy more bitcoin or altcoins when the bitcoin or altcoins are in low price. This the best time to buy more of this because you will have a great value if you buy more of them.

yes that is a word of advice do not be panick because of falling down of bitcoin,,,very soon we will all have a testimony when it rise back in market,,for those who can be little patience

well i agree.
we do not need to panic all that is expert and long in the world of crypto would have been a regular thing like this when all the market down the price.

In my opinion,  there's no need to panic. I can see the potetials of the bitcoin at end of the year. I believe that the word "panic" will lead you to regret. All investors knows that. I also agree to the technique that he said. It will be helpful to lessen the risk of loss and gain some profit. Lastly, being investment requires a long long patient remember!  😊

yes I agree there isn't reason to panic. looking far ahead for bigger opportunities
the fall of some time ago coins actually opens the opportunity to invest more.
yeah! we can buy it cheaper and sell it when the price of pump again
this is proven now some coins are already green
those who buy when the price is red. boom !, now see the effect
it is so fantastic for those who are patient

Wow! the addition at $8000 again means your have lowered average entry point  at 25% from (16000-12000 = 4000);
4000/16000*100=25%

i like it !

I agree with you. We, crypto investors, or maybe finacial investor, must long-term looking. Down and up is nature of all markets. So, I always wonder why people worry?... I don't worry at all! Lost is lost. Win is win. Worry not change the result!

With this kind of challenge that we are facing right now, we become more proactive learners and risk aversion.  Just be patience, keep calm and carry on! 

The reason of this down of bitcoin and all other coins are due to taxation since they are debating about the bitcoin to have tax. It is also normal for the graph, you can show more of the history. We dont need to panic about the price because its only normal in the world of crypto,.

We had previously recommended buying Bitcoin in the range of $5,500 to $5,800 on panic selling.It came close to our buy level, but did not reach there. It bottomed out on February 6 at $6,075.04.We believe that the cryptocurrency will turn down from one of the above-mentioned levels.If the retest of the lows is successful,we may add long positions for the long-term.
If the lows break,we’ll have to wait for a few more days.So just keep calm and patient because we can get all back at the right time.
Dont be panic guys!

Word Mate  :)

yes, look at the market now. It is increasing again. Let's buy altcoins now and wait for the big profit in the future. cryptocurrency can not die

Which is why we should not make it a habit to check the charts on a daily basis. Just let your investments be for a few months to a year and there’s a huge possibility that our investment would have gained big profit. Something that traders should learn and adopt.

That's quite good to hear, I also see the market that way, at least this time the price is stable at $8,000
so we can expect it to grow in the coming days. Let us not panic because this is not the only time it will drop, more situations
like this will happen and we still have to remain strong.

If anyone thinks like you, the market will not be crumbling like it is now. Most people are nervous, worried about the price of Bitcoin and some other Altcoin drops. However, it is only temporary and I assure you that it will increase in the near future. Almost everyone loses patience with that. So they sell out what they have, causing the market to collapse and become increasingly bleaks

I think we've probably hit the bottom, and are back on the road to recovery. If you read the crypto press, the analysts are still very bullish, predicting BTC at $50k and a combined market cap in excess of 1 trillion dollars by EoY. Hold tight my brothers and sisters, and buy while it's low, if you can spare the cash.

It is true that everyone is looking in the future of Bitcoin very positively (including me), but about the current correction, specialists in technical analysis say that it is not the end of price drops. But of course, selling in this moment would be a bad decision.

Dont panic because of the continious drop of prices in cryptocurrency market. We all know that these coins will soon rise up and recover its normal price. Do not make a decision because youre in a panic. Do not sell your coins now, keep buying because this is one of the best time to invest on it. Keep your calm before making decision.

the prices are already growing, hope u didn't panic and bought some more coins

It's ok to panic because panic will put some cryptocurrency traders and investors advantage. I mean, have we don't earn much money without them, right?
I'm feeling Thankful for the weak hands because for me I deserve their hard earned money and that's being the tool for tendering their money into the patient investors and optimistic Hodlers.

if you already buy on december 2017, just HOLD it. we have the challenge on this early years.
Im still holding my Ethereum , Latium, INS and many potential coin.
and I still believe there's much surprise from bitcoin on this years.

the real crypto Man are Patience for HOLDING.

Yes, I agree with that strategy and At the moment I see it is already working now Bitcoin is already recovering from it's great downfall last week.
I think for a great investment on crypto to grow the key is HODLING it no matter what happen.

I couldn't agree more. I'm hodling my coins as well and of course enjoying having to buy them low with this dip. Selling is the last thing in mind knowing that the market will recover, if not now, probably in the long run. Most of thepeople who panics are those new to thecrypto world. The longer you stayed in crypto, the more you will understand how it works. The golden rule we follow is buy them low and sell them high, and to never sell when you're at a loss.

Dont panic guys. Only the newbies are panicing. Hodl.

That is right in some ways and we need to do the right thing at the bad moment.

you're right. Do not be afraid of the big collapse of market tokens as you study these tokens. the token tokens of a year will be overpriced by the market value. And if you study these tokens it's still pretty good today's statistic is pretty low right now but it's going to be high and it will increase too.

Thanks for your post!
A lot of drops are caused by panic. If we are calm, the cryptosituation will be stable in any case. After reading some news and seeing that the price becomes low, people sell coins that causes more drops.

It is easier said than done. If you fear you will panic and fear is at the very root of losses and your daily interaction with the market. I will advice cryptocurrency investors and trader to consider what they are willing to lose and invest it, this singular act will wipe away all fears.

This is the called "Survival of the Fittest". Weak hands will panic and strong hands will prevail. The problem for some investors is that they see profit in short term and not long term so if they see that the price will decrease, they will sell at a loss and if the price increases after they sell they will say "Ohhhh shit, why did I sell at this price". Now they lost. The pro investors will say "The price of bitcoin is crashing, another opportunity to buy bitcoins". I hope this is the mindset of most investors in bitcoin. Don't panic sell and just hodl if you're at a loss.

do not be afraid that you will not panic. The best thing we can do in this process is to be able to stay calm and keep investing so that there will be very serious increases in the general sense that will pass these days. I think it may be a long process but it will definitely be up to you.

You can not panic on the market. This can lead to disastrous consequences. You can lose your money. If you are sure that the price will go down, then sell and re-buy at the bottoms. If the price has already fallen dramatically, then just wait. The price will be restored. A panic does not lead to anything good.

It's a good idea to buy in more amd I have buy in more coins to earn more money.

I completely agree with this, Don't Panic! most especially the newbies, if you see the price of Bitcoin is going down, just keep calm, don't let any FUD get into you, instead focus on buying some more Bitcoins if you can because after the down trend is the rise of the prices with a bang! So you should be ready for that. :)

No matter if we are in a bear market or bull market , panicking is our worst enemy in crypto. No good can come from panic. It will only led you to bad decisions like early sells , expensive buys etc.. because crypto is not something you should hurry about. You should take your time before making important decisions. I learnt that from hard way. I bought some coins from very high prices , thinking they will keep on rising and then they dropped a lot.

not panicking buying more and HODL

It all depends on the coin that you bought. Those who have no spare of money can cut loss and wait for the deep and buyback again to lessen your losses. We are already aware that if bitcoin goes up, altcoin usually goes down.  There are seldom occasion where bitcoin goes up together with altcoin.

The main reason why holders are losing their crypt assets are because of their panic selling.
I am thankful that I survived more market dropping and crash beginning last December 2017 and I  am happy that today I am still holding over $50,000 worth of Crypto Assets because I didn't dump or sell my Crypto assets to avoid loss.

Some of my friends do panic and now they're on their sweat on getting more bounty stake tokens though signature and other bounty campaigns because last January they sell more than half of their Crypto Assets.
I really thankful that I am one of the Hodlers in this forum and I really do appreciate all those members who actually encouraging us to HODL and HODL and survive the storm.

I totally agreed. There is no reason to panic.

Markets go up and down all the time, especially crypto.

For those who have bought high and am holding a loss at this moment, do not sell and cut loss. This is the most natural instinct as basic human instinct is to avoid pain but if you are able to hang on and endure this period, prices will rise and you will see your position in profit again.

The market test our resolve all the time. To be less affected, always trade with money you can lose. But if you have already throw in the kitchen sink, then just lock your private key to your wallet and keep it in the safe until half a year later. You will feel much better soon..

I agree, I will not sell my bitcoin, I think this is just a regulation of the market, I will hold until the price goes up,  maybe in Q3 this year, now I just want to buy more bitcoin and hold,
Dont panic,,  and never.

 I agree with these statements and analysis, do not panic and keep the bitcoin you have, it will not be permanent and only temporary. just wait until the value goes back up

the price is going up, steady. these dips gonna be a common event. already. and they will be even more predictable with time.

I am not really that affected with the sudden drops that happen. Market is really volatile and making it stable is making it as good as dead. So whenever there is a market or price fall, don't panic. Don't draw out and instead, wait for it to rise up instead...

not btc having steady (not speedy) growth , better for btc health for long term.
those who panic during 1st week of feb may regret now and in FOMO may buy again ..
but no benefit if you fear so much .. stay away or invest only your 4-5 days salary .

I am also buying  :)

This is an old post, but now it is very relevant. After the bitcoin could not pass the resistance at 11 is$ 500 and dropped to$ 9000 many have said that this is the beginning of the end. But I bought, as recommended in this post, and I was right! Hodl, hodl, hodl!

Great advice for beginners, they just do not understand that the market is cyclical and the rise is changing by a fall, but the lack of knowledge makes them lose their money, which has a negative impact not only on beginners, but also on the cryptocurrency market.

I really do not want to panic but it hurts to see your coins that you bought in higher price but now they are consistently dropping in the market.

Emotional trading and panic selling are the Crypto investor wors enemies. Stay away from illogical decisions if you don't want to lose your money on your path on getting rich.

This is the rule number one, don't panic hold strong, this  is a rule which is valable for every thing in the life, strong and honor

I know that during Dot-com there was a bubble in seven trillion dollars, and a lot of people right now talking about cryptocurrency bubble despite the fact that its capitalization right now is les then 500 billion, which is to my opinion nothing in global finance market for a new technology that potentially can change the world so I am holding and dont panic at all.

Agree. Just need to trade the money that you can lose and set specific goals, and when they are executed, then sell, and not be greedy