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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 30426 times)
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June 23, 2017, 09:22:52 AM
 #221

This is really a good time to accumulate more bitcoin and hold it for long period of time because i am sure that the price of bitcoin will continue to high and the holders will be the winners.

Fluctuations are great if you understand how to benefit from them, and aren't afraid of buying at the time the price tanks. Most of the people here are so called positive sentiment buyers - they wait for the market to perform well, and if they have gained enough confidence due to the increasing price, they will start with buying. Reality turns out that these people most often end up buying at near top levels, from which the price basically only can correct in the very short term. What happens after that? People panic sell at a loss because they didn't expect the price to go down at all. What happens after that when the price goes up? Right, they buy their coins back at higher levels to regain their position. It's a cycle. Instead of accumulating coins, these people are burning through their holdings.

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June 23, 2017, 12:12:42 PM
 #222

Ofc it is not panic time. A lot of people sold their bitcoins what is really stupid because the value of btc go up and down. "After the rain, comes the sun" and i think that btc value will pass 3000 at some point.

I agree, official recognition in other countries will surely give the price a bump Grin
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June 23, 2017, 01:00:32 PM
 #223

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.

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June 23, 2017, 01:04:30 PM
 #224

Always panic bitcoin is never stable and could crash at any moment.

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June 23, 2017, 01:09:18 PM
 #225

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.
For me it's longterm or nothing since the price of Bitcoin has a trend that looks like it's going up. I feel that once the price of Bitcoin reaches a high enough number then the price of Bitcoin will keep going up without much dumps happening since more people will try to get in on Bitcoin.

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June 23, 2017, 01:20:34 PM
 #226

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.
For me it's longterm or nothing since the price of Bitcoin has a trend that looks like it's going up. I feel that once the price of Bitcoin reaches a high enough number then the price of Bitcoin will keep going up without much dumps happening since more people will try to get in on Bitcoin.
The thing is, it can't go up forever. It will need to reach a level where it can be "stable enough"
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June 23, 2017, 01:28:24 PM
 #227

I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out.  AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash.  Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct.  Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.
Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.

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June 23, 2017, 01:44:48 PM
 #228

Panicking is first factor that makes you loose your money. So it's better not to sell bitcoin or transfer it to any other currency whatsoever. First things first, if you had invested money into bitcoin then you must know that long term investment is mostly profitable with bitcoin. Anyone will tell you this in the first place and you can read other posts here as well. Secondly, it is very well know that bitcoin blocks are falling for few days only and it will rise up again in the value very soon. You can expect little dumps due to technical issues and it is not big thing or it is just temporary so be patient instead of panicking.
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June 23, 2017, 01:51:49 PM
 #229

I guess the panic time is already done, as the price of bitcoin starting to show it's increase. But it is still a good time to buy bitcoin as we will potentially see the price of bitcoin fly to the moon.
It's not totally done, maybe temporarily but expect the price will go down again, that's how it works because the price of bitcoin is volatile.
Actually there is nothing to panic if you understand and believe bitcoin will be able to achieve a bigger value in the future, in fact the reality says or the trend says that the value is increasing on a yearly basis.

It's a normal movement in the bitcoin's price and that's for sure that there's a sudden price falling.  But after that movement expect another increase. Yes, it's true that there's no need to panic as only those people that are new to crypto are the ones who are panicking.


If you are a long investor of bitcoins theres no reason to panic but a great opportunity to buy more where their is a price drop.It looks like bitcoin has its own cycles of ups and down, and for it will wait for the right time it will increase again.
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June 23, 2017, 02:41:04 PM
 #230

For me i don't worry even if it fall, no need for panic selling because its been proven before, price will drop then it will rise again higher than the peak last time. That's the cycle of Bitcoin nothing to worry about that. I will only worry if the price goes to 100$ usd in one night and never come back up again.
Exactly drop of price is normal and we dont need to worry about it. we dont need to do panic selling even its price fall. Me, whenever the price fall i always gets happy and excited why? because that is proven that whenever the price fall it will pump or maybe double. You just need to hold and wait and it will be worth it.

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June 23, 2017, 02:50:38 PM
 #231

I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out.  AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash.  Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct.  Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.
Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.
The correction, A lot of people are forgetting about that. The bitcoin comes with volatility that will have a lot of meaning. But those are feeling panic never remember about that, But you must be realistic if the bitcoin need a lot of support for touching the new ATh in the future.



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Rizky Aditya
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June 23, 2017, 03:45:23 PM
 #232

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.

yes you are right whenever the price of bitcoin is falling it is not the time of panic that is the good time to get benefit from the low price of bitcoin, at that time everyone need to buy bitcoin that is always a good time for buying bitcoin because the price always pump after a dump.
 while those people who have already bitcoin and the price is falling so i will suggest them that do not become panic to sell bitcoin just hold for a high price.

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June 23, 2017, 03:50:19 PM
 #233




If only a correction, very healthy to keep climbing
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June 23, 2017, 04:07:22 PM
 #234

If you have strong fear to lose you amount of money, don`t even buy cryptocurrencies. These assets are very volatile by their nature. But nowadays if one have free money or time, it would be wise to invest it into crypto world.

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June 23, 2017, 06:33:21 PM
 #235

If you have strong fear to lose you amount of money, don`t even buy cryptocurrencies. These assets are very volatile by their nature. But nowadays if one have free money or time, it would be wise to invest it into crypto world.

yes you are if someone have extremely fear about the falling price of bitcoin and the loss of their money then he does not need to invest their money in bitcoin because investment is the name of risk and those people who can take risks so they always succeed in life, so if the price of bitcoin is falling and those people who invested their money in bitcoin they do not need to be panic but be patient.

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June 23, 2017, 06:45:44 PM
 #236

If you have strong fear to lose you amount of money, don`t even buy cryptocurrencies. These assets are very volatile by their nature. But nowadays if one have free money or time, it would be wise to invest it into crypto world.

That is why it's better to invest what you can only afford to lose. Otherwise if you see the price goes down, you might sell it and just lose your investment. Well, I make the same mistake before when I was just starting with bitcoin investment. But now as a grew and became mature enough, I don't usually panic even if I see that the price has fallen. Because based on my experienced, bitcoin has its ability to rebound after this crash. Sometimes within days only. Of course, I feel somewhat alarmed but I have fully trusted in bitcoin and its capacity to bounce back.

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June 23, 2017, 08:24:52 PM
 #237

To be afraid of the unknown is the beginning of loosing in investing into crypto currency. There is no investment without risk and if you are afraid to take risk believe you me, you will remain poor. Bitcoin is not falling any longer it is gaining momentum. And any time the market value of Bitcoin decreases it creates an opportunity for investors to buy. There is no panic at all.

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June 23, 2017, 08:36:48 PM
 #238

How many threads there are about panic time? Let me count... it`s almost impossible to do that. There are panic time threads even when bitcoin price falls for 50 dollars, that is crazy. In one threads we all talking that fluctuations in price are normal for bitcoin, well that goes in both directions up and down, so I don`t see any good reason for panic.
Maybe it will be good to ask when is panic time begins for each of you here, when it falls 1 % or you are cool even if bitcoin price is 30 % down? I think in this moment even 50 % drop would be normal for bitcoin, I would try to find money to buy on that price, that is not a panic.


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June 23, 2017, 08:47:41 PM
 #239

And sometimes it is rising, I do think it will go up beyond $3,000.00 in the near future.
In recently, Bitcoin on trend up and sometime need adjustment the price, a value can't just rising always, need time to rested and adjustment, that will help investor or trader have more time to buying if you missed buying in past time. I think in end 2017, the price of Bitcoin can hit to ~$5000 if segwit2x successfully!
That price is very possible for bitcoin to reach and if we compare the price right now then it is a good to buy because it is still cheap compare to the price that can be possible reach by bitcoin in the end of this year. Keep buying and treat bitcoin as a saving for long term then you will just get shock because of the earned money that you got.

Yes it would be a good investment to do for now, I know it's been having minimal fluctuation of its price right now, if there were times it lowers down, you should buy immediately because that's an opportunity to benefit in times of bigger rise of it's price. Cheaper bitcoin equals bigger profit gains plus sustainable financial support from from bitcoin from a long term investments you have, and it's proven since that time price still at $900 to $1000 until now it reached at $2000 plus.

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June 23, 2017, 09:35:57 PM
 #240

To be afraid of the unknown is the beginning of loosing in investing into crypto currency. There is no investment without risk and if you are afraid to take risk believe you me, you will remain poor. Bitcoin is not falling any longer it is gaining momentum. And any time the market value of Bitcoin decreases it creates an opportunity for investors to buy. There is no panic at all.
yeah basically it's just like that , treat bitcoin like an investment ,
when the price of bitcoin get dropped and freefalling you should just be calm ,
think about after the falling there will be up someday in the future ,
as bitcoin is the most promising cryptocurrency, day by day getting worthy.
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