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Author Topic: Please give me advice, Bitcoin will rise again or go to hell? I'm scared  (Read 3617 times)
cinchin (OP)
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January 05, 2017, 03:04:13 PM
 #1

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry
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January 05, 2017, 03:09:52 PM
 #2

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Just take it easy and relax. As of this time bitcoin has stopped dropping. Almost 100$ was dropped from the current price because of the dump. But we don't need to worry soon it will climb up again and will return to one thousand dollars each. Though this is just an opinion but if we panic now and lose composure we might end up in a losing streak.
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January 05, 2017, 03:12:24 PM
 #3

Nobody knows, just like stocks!
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January 05, 2017, 03:19:21 PM
 #4

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Why scared? Remember that before the surge we are sitting around $700-$800 as far as my memory is concern. Instead, take this as an opportunity to make another rounds of buying, yes embrace the dip as it was normal.

Advice? If you think you missed the train of selling price then just hold since it's just the same risk. While at the same time just continue with your method to earn bitcoin. Accumulate more and more. If you don't need to use your bitcoin then just let it sleep.

No one knows what will happen in bitcoin price so better play with it.

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Juggy777
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January 05, 2017, 03:23:42 PM
 #5

No one will be able to tell you precisely, as no one knows this answer. Now you should ask yourself will I be severely affected with the price going down and can I function fully without the support of btc in near future. Do I need funds badly and sell it now so to avoid nasty shocks. If both the answer is no then hold your funds and sit back, just FYI life moved on before btc and will always move on, I love btc but I am just trying to make you take a proper decision.
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January 05, 2017, 03:23:58 PM
 #6

Emotions are not your friends when it comes to money. You should address your questions to a calculator instead of people.
 Wink

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January 05, 2017, 03:29:31 PM
 #7

when the price drops. dont be letting fear get to you making you worry about should you sell.. instead think about it as a discount day and get excited about buying more while its cheap.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
cinchin (OP)
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January 05, 2017, 03:32:25 PM
 #8

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Why scared? Remember that before the surge we are sitting around $700-$800 as far as my memory is concern. Instead, take this as an opportunity to make another rounds of buying, yes embrace the dip as it was normal.

Advice? If you think you missed the train of selling price then just hold since it's just the same risk. While at the same time just continue with your method to earn bitcoin. Accumulate more and more. If you don't need to use your bitcoin then just let it sleep.

No one knows what will happen in bitcoin price so better play with it.
Easier said than done, I feel tense and worried. If Bitcoin prices continued to decline, I will lose a lot of money
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January 05, 2017, 03:35:40 PM
 #9

i dont see it falling under 850$ id say this was just a nice firesale opportunity. its already almost back up to 1000
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January 05, 2017, 03:36:29 PM
 #10

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry
Hold your bitcoin or if you want you can trade that or sell and then buy you can make profit by do buy and sell of your bitcoin or if you are afraid to lose then try to hold and always see the graph of bitcoin so you will see if bitcoin will be down again this time.
cinchin (OP)
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January 05, 2017, 03:37:10 PM
 #11

Emotions are not your friends when it comes to money. You should address your questions to a calculator instead of people.
 Wink
You can not understand my feelings at this time, I very difficult to control emotions, it make me feel uncomfortable
coinmachina
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January 05, 2017, 03:41:35 PM
 #12

The price will go up again in the long run, I'm pretty sure.
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January 05, 2017, 03:44:12 PM
 #13

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Why scared? Remember that before the surge we are sitting around $700-$800 as far as my memory is concern. Instead, take this as an opportunity to make another rounds of buying, yes embrace the dip as it was normal.

Advice? If you think you missed the train of selling price then just hold since it's just the same risk. While at the same time just continue with your method to earn bitcoin. Accumulate more and more. If you don't need to use your bitcoin then just let it sleep.

No one knows what will happen in bitcoin price so better play with it.
Easier said than done, I feel tense and worried. If Bitcoin prices continued to decline, I will lose a lot of money

If you have entered in the 1k price range then you should have got knowledge that the price was ATH all time high so their was expected correction and it is happening if you have purchased 25% of your investment then this is better time for you to buy more 25% of investment like this your purchase price will come down, this selling is due to the traders who have bought bitcoin at $500 to $700 range they are taking profit and surely they will buy back in low range so the price is sure to go up.

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January 05, 2017, 03:48:07 PM
 #14

when the price drops. dont be letting fear get to you making you worry about should you sell.. instead think about it as a discount day and get excited about buying more while its cheap.
this is what people need. a mindset like so exciting when the price drop , instead do a panic selling . people talking about will do buy bitcoin more once the price dropped but the reality they are scared not even to reconsidering, they just sell them all.

nobody know what will happened but an optimistics guy says bitcoin will bounce back.

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January 05, 2017, 03:51:14 PM
 #15

Its easy to panic, dont let it get the best of you.
Maybe bleed off some if you want, but definitely not all. Think a tiny percentage that way if you want to feel better about it, you got some while it was "high" and you still have a majority of it left over for next time it goes up high again =)
Just look at BTC's price history. We were at this level 3 years ago, prior to that the most significant bubble was 2-2.5years before it.
BTC has now been around for over 8 years, it aint going away anytime soon.

The only time you should really start panicking is if a fatal flaw is found in BTC's code which results in systemic failure. For 7 years or so ... this has yet to happen, its a pretty reliable piece of software.



note: I do believe although that because this bubble failed to best the last major bubble.... we have found btc's mid term(5-10yrs) trading channel.... sub $1200

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CyberKuro
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January 05, 2017, 03:57:33 PM
 #16

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Why scared? Remember that before the surge we are sitting around $700-$800 as far as my memory is concern. Instead, take this as an opportunity to make another rounds of buying, yes embrace the dip as it was normal.

Advice? If you think you missed the train of selling price then just hold since it's just the same risk. While at the same time just continue with your method to earn bitcoin. Accumulate more and more. If you don't need to use your bitcoin then just let it sleep.

No one knows what will happen in bitcoin price so better play with it.

Good advice Grin
Don't panic selling and take it easy.
Bitcoin can't go down so badly, the truth will come to the surface, just wait.
Don't we know the advantages of bitcoin? The price keep increasing as time goes on.
Sell rules : only sell if you don't have any option to get money. If you have, than let it remain save in your wallet.
Confess : have you panic sell too? Or you see it as the chance to buy within the dip? Because the price already recover.
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January 05, 2017, 03:58:31 PM
 #17

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Why scared? Remember that before the surge we are sitting around $700-$800 as far as my memory is concern. Instead, take this as an opportunity to make another rounds of buying, yes embrace the dip as it was normal.

Advice? If you think you missed the train of selling price then just hold since it's just the same risk. While at the same time just continue with your method to earn bitcoin. Accumulate more and more. If you don't need to use your bitcoin then just let it sleep.

No one knows what will happen in bitcoin price so better play with it.
Easier said than done, I feel tense and worried. If Bitcoin prices continued to decline, I will lose a lot of money
Dude,  welcome to bitcoin.  Have a drink and chill the F out.  Consider whether investing in an asset as volatile as bitcoin is right for you--no one here probably thought we could drop back below $900, but we did and it's possible we could go lower.  Anything's possible.   Don't join a signature campaign,  because your English sucks.  And your posts suck.

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January 05, 2017, 04:06:41 PM
 #18

when the price drops. dont be letting fear get to you making you worry about should you sell.. instead think about it as a discount day and get excited about buying more while its cheap.

I feel that this price being down is fake. They want bitcoin holders to sell their bitcoins with cheap price.
They make me shocked and I feel confused. it's ridiculous, guy. I expect the price is down at 800$-850$ to bounce back.
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January 05, 2017, 04:08:54 PM
 #19

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry
Theres nothing to be scared since this event will surely happen to bitcoin and now we already witnessed the sudden price decrease and its really a bit worrying thing seeing the price going down so fast but now it tends to rise up again and these kind of events does really happen and there nothing to worry or panic.

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January 05, 2017, 04:10:39 PM
 #20

It's already back hovering right above $1k. Did you really think that rocket we were on wouldn't slow down? Be glad it corrected now and not at $2k or it may have been even worse. If it dips again take it as an opportunity to get in at under $1k
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