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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34110 times)
changcloy
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December 25, 2017, 07:10:29 AM
 #1241

i don't believe that bitcoin is falling. yes,it may the value og bitcoin today decrease but when it rise up again for sure it's in the highest value so that is why i don't panic if i did not convert my bitcoin i am waiting that it will go triple or more.
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melancoly
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December 25, 2017, 07:49:01 AM
 #1242

bitcoin is falling many big investor are happy time because bitcoin is to cheap all the big investor have a chance to buy more coins. but the other side if you are ordinary people who have a few investment in bitcoin then you panic because your profit is too low.
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December 25, 2017, 08:01:16 AM
 #1243

Who has bought the bitcoins for them it is a big risk even i have bitcoin but i knew that it is going to raise in future because if this much price can increase in 2months than in coming months it will be doubled. So there is no need to panic for pit falling.
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December 25, 2017, 08:03:13 AM
 #1244

right now the bitcoin is falling again, when all people panic to sell, i think its a best time to wait until the panic sell is calm and that time is good for me because in that time i can buy bitcoin when the price is in the down, and wait until the price is going up again and getting some profit from the price different

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December 25, 2017, 08:47:03 AM
 #1245

right now the bitcoin is falling again, when all people panic to sell, i think its a best time to wait until the panic sell is calm and that time is good for me because in that time i can buy bitcoin when the price is in the down, and wait until the price is going up again and getting some profit from the price different
Bitcoin price is dropping from last few days that doesn't mean that panic time, it's just a fluctuation as year it's year end, no need to be panic hold on your coins, in 2018 price  may again increases til then need to patience.

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cryptocurious18
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December 25, 2017, 08:51:13 AM
 #1246

I think No, it is not a panic time but an indication that you must be ready for any investment. when bitcoin price are down to the lowest level. The lower price of btc, the best time to invest so that when the price rise you can surely earn and its called cycles it happens
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December 25, 2017, 10:10:10 AM
 #1247

I think No, it is not a panic time but an indication that you must be ready for any investment. when bitcoin price are down to the lowest level. The lower price of btc, the best time to invest so that when the price rise you can surely earn and its called cycles it happens

People who buy expensive are panicking and now they are wondering whether to sell or wait until the price increases again.

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December 25, 2017, 10:29:39 AM
 #1248

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

When one has come to a level of understanding of the bitcoin price fluctuations, there won't be much room for panicking. In an article I read recently, it summarized that when bitcoin  price goes down by 2steps, it bounces back like 8steps forward. And it is also key to note that Bitcoin price fall at this time is as a result of the festive timing of people needing to convert to fiat so as to have something to spend for this season. There is definitely going to be a price surge up again because a lot are still coming into the Cryptocurrency world through the bitcoins.
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December 25, 2017, 12:11:29 PM
 #1249

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Falling is best time to buy more bitcoins and keep holding your hold coins.

i only sell when find fee is high and price is maximum or before big news happens
unknown-user
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December 25, 2017, 12:17:15 PM
 #1250

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Panic selling won't give you any benefit especially in an investment. Risk which causes panic are normal on investments. Here in Bitcoin, volatility is in nature so backdrops should be always expected. Based in my experiences in Bitcoin, it is better to invest as much as possible than to sell when the value is falling becsuse eventually, it will increase.

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December 25, 2017, 01:22:17 PM
 #1251

As we know that bitcoin is good and when the price rising we feel happy and when the price get fall we are feeling panic but in the broad sense it is not a panic for us the crypto currencies sometime fall and sometime rise again so don't be panic because of the fall in the price. there will be a start after every ending and the bitcoin is the evergreen currency. Now the bitcoin is falling and the reason is the celebration of the chrismas. people are withdrawing their bitcoin so supply is high in the market and as a result the price is falling.

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December 25, 2017, 01:33:44 PM
 #1252

Yeah.... Bitcoin is falling... for the 151th time in the past 5 years? I have been active in crypto-currency segment for the past five years. Now these dips seem monotonous and boring for me. Earlier, I used to panic. But now I mostly ignore such dips. Everyone knows that the future prospects are good and we just need to hold on to our coins.
Amakaamy
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December 25, 2017, 02:32:55 PM
 #1253

There is no need for panic, if Bitcoin price is falling now it will definitely go back up in no time.
jeraldskie11
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December 25, 2017, 02:37:34 PM
 #1254

No its not the panic time. Its about the buying time because after the huge fall there is a huge comeback of bitcoin. Not only only that, I read some news that there is ATH coming in 2018. So even if in a high price we can surely gain profits in the future.

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radjie
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December 25, 2017, 03:58:38 PM
 #1255

no. do not panic. the current bitcoin price is indeed in decline but this is a natural thing to happen. because as you know that bitcoin prices are very unstable and difficult to predict. then make this time as an opportunity to invest or to buy bitcoin. I'm sure bitcoin prices will soon rise and we will get a lot of benefits if currently buy bitcoin
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December 25, 2017, 07:14:50 PM
 #1256

It is always a panic scenario when everybody start to sell, there is nothing new with this, you only need to relax and watch the price moving on GDAX, and you will see that this situation is always happen when there is fud.
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December 25, 2017, 07:53:02 PM
 #1257

I will always hold my bitcoin, because I'm sure the bitcoin value will return to strengthen and reach a very high value in the future.
I think the decline in bitcoin values that occur today is a fairness, where some of the investors or bitcoin holders do a lot of sales before Christmas and towards the end of this year that causes the decline in value.
so, I'd better be patient for a while until bitcoin value back high and can be a good profit for me.

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December 25, 2017, 08:09:42 PM
 #1258

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise
Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.
They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.
There is no need to make any panic because some time its price will go high and sometime its price will be slow it’s a part of business because it’s a currency and its price is related with market trade so its normal and it’s not  a  first time that it happen bitcoin change its price fast from low to high if bitcoin price drop I will not or lose I will still keep in touch with bitcoin because bitcoin  is a part of my life and it did a lot for me.
Yeah there is no need for panicking because the price is normal because it has its ups and downs and panicking is not a good idea since it will just give you either small profit or worse you will get a loss which is not acceptable for an investor like me. I am always either holding bitcoin for long term or putting them in some ICO.

The skilled users will know that it is not a panic time but the new ones will panic. Just look at the news they are telling everybody that Bitcoin is going very hard down. This will create panic between the new users.

I don't believe the news anymore about crypto i search it up myself and educate myself without the news telling me what crypto is.
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December 26, 2017, 12:06:15 PM
 #1259

In my opinion, bitcoin sometime increases and decreases but most commonly it increases. So, do not be afraid when bitcoin price fall down, that is just maybe once in a while then it increases again. No need to panic because bitcoin will always increase every time.
Even when bitcoin hit new heights, its value continues to fluctuate for a while and sometimes it even goes down a bit before it shoots to new records, those who have invested in bitcoin for a while or those who have studied the trends know all about it and therefore do not panic when it happens.
That’s a fact and all bitcoiners are aware of its nature to decrease in value before hitting a new price target and making new record in the world of crypto currencies. The best way to tackle with dumps is to buy more and more bitcoin because it is not easy to buy bitcoin during pumps.

All sagacious people buy bitcoin at cheap rates and hold them for a long time in order to have some good profit. We should also follow this strategy for good results.
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December 26, 2017, 01:06:31 PM
 #1260

No its not because when people panic the bitcoin price will be dump thats why you dont have to be panic and when people dont panic  bitcoin price will steady and when other people buy bitcoins the price will be pump and pump and it will reach the millions
There is no concept of getting panic in the lives of the ones who are billionaires today. We all need to learn the actual tactics of dealing with the situations. The best thing to do at the time of dump is not getting panic, instead it is to hold the bitcoins which you are already having. Along with it, go for buying of more number of bitcoins at low prices for having greater profit in the coming days.

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