Prices are falling

[btvGainer]

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?

[1714176306]

1714176306

[richardsNY]

There is no point into selling when the price gets dumped down. Just keep holding your coins and use this price drop to start buying some extra coins. If you sell now, you'll risk buying back your coins at much higher price levels. Don't make yourself sink that low.

[actmyname]

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?

Buy more. If you've devoted time to bitcoin, then you clearly have decided to invest in it. If you're willing to follow that through to the future, then I would buy more and hold the bitcoins. I don't mean to hold until they reach an x dollar benchmark, no. I mean to hold them until you use them directly. After all, that is what we want, right? More adoption with merchants and consumers?

[outatime1]

I will not sell when the price drops, but that's up to you. I will buy some if it keeps dropping. There's no need to panic because the price is still above $600. I'm not going to worry unless the price drops to about $400.

[chesthing]

I will not sell when the price drops, but that's up to you. I will buy some if it keeps dropping. There's no need to panic because the price is still above $600. I'm not going to worry unless the price drops to about $400.

Wouldn't $400 make you want to buy instead of worry? 

[steven0021]

Sell if you believe it'll go further down. I don't think the price will experience a major crash though, I haven't seen anything (as in some bad news) that might make it happen.

[calme]

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?

Well there are a few major support levels between here and there, but yeah, that scenario sounds pretty likely. Especially since $450 will be quite high compared to our recent $160. I'm personally shorting on margin but I think we'll go above $600 eventually

[Bitmore]

It shouldn't matter.  If you researched Bitcoin and invested in it, the only other question is if you are long term or short term.   

The short term investors should have sold a while ago, while long term investors will know the long term prospects are worth the risks.

Good luck to all.

[Wind_FURY]

Just as I kept on saying. BTC will go down below $600 and it will stay there for a while. No one is willing to buy it at high prices so it needs to go down and be accumulated for a while. If you are a buyer then this will be good news for you.

[lemipawa]

Bitcoin trading is not for the faint hearted. It's not comparable to real life stocks trading where we have a source and predicts if price will go down or not. Look at the halving news where everyone is expecting a big increase or a drop but what happened is exactly nothing. In this case where Bitcoin rate is dropping since July 31 from $657 down to $629 yesterday, It's just a $28 compared to teh previous downward movement of Bitcoin which is bigger.

[Achargeturry78]

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?

in my experience, i don't sell my bitcoin, instead, i wait for it. For me i should rather earn more of bitcoins and when the time comes that the prices will rice, i have bigger chance and more bitcoins to convert. that's practical than sell it at a lower price. it is better to wait until it became higher and who knows maybe next month, it became higher than the price now.

[pedrog]

Yap, it's going down, after the pump there's always a dump.

There was no good reason for the price to be so high, it will probably stabilize in the 500s.

[NorrisK]

I expect the price to stabalize again between 550 and 600 before returning to an uptrend again. Price has remained remarkably satble above 600 before and this was just inevitable to happen.

In addition, ETC has taken all the attention of traders, a lot of btc has been pulled from orders to be put up there as well.

[Denker]

Just as I kept on saying. BTC will go down below $600 and it will stay there for a while. No one is willing to buy it at high prices so it needs to go down and be accumulated for a while. If you are a buyer then this will be good news for you.

What is high? What is low? Compared to what?
People are accumulating since a while if you haven't recongnized.
With every dump or pump emotions kick in as well.Therefore markets over react.Smart traders take advantage of that.That's all you need to know.

[1Referee]

Yap, it's going down, after the pump there's always a dump.

There was no good reason for the price to be so high, it will probably stabilize in the 500s.

There has been no real buy support since the block halving has taken place. People that were expecting the price to sky rocket are now seeing their confidence in the price sink deeper every day. That's what they get for insanely high predictions that don't make sense. At least, this volatility is a welcome thing for traders. That's the good thing.

[maku]

Price dropped a little, no big deal. After long period of stability it seems that people forgot that name of the game here is volatility.
With price decline more people will try to buy bitcoin lower and price will rise again., It is standard market behavior.

However, I am curious, do we have any negative news which explain that price reduction?

[ashkanb]

-snip-
However, I am curious, do we have any negative news which explain that price reduction?

_{3 weeks of sideway prices & small volumes is bad enough news in a "semi-highly volatile" market if you catch my drift!
this test of new support's been brewing for quite some time now.}

op imo this is no time to sell; i'd be buying as much as i can if i had any leftover fiat; _{$600 is bargain price at this point!
once the $580~600 support is established a rise to $700~820 is inevitable.}

edit: sorry for the uninformed comment  https://bitfinex.statuspage.io

[sanas]

The price of bitcoin is falling now. But there might not be too much worry. That is just due to the delay of block size increase.

[ebookscreator]

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?

My advice better to wait more days or weeks an monitored the fluctuate of the price if the price is continues to decrease or stable..
So that you can decide to buy bitcoin with the low price..
The price for now is low from past 8 hours and looks like the price of bitcoin will continue to decrease soon.. or if we are lucky the price will increase fast if someone attracted for the price right now..

[TastyChillySauce00]

The price of bitcoin is falling now. But there might not be too much worry. That is just due to the delay of block size increase.

well i guess i the same, so many people expecting the block size to be increased,blockchain increase promised will occur in july but nothing happened at all,even both have its advantage (and i'm not that much into this problem) this could potentially giving an affect to bitcoin