Bitcoin is Falling...Is it Panic Time?

[fullypak]

I think it will be a panic time once bitcoins price will slump below 1800

There is a chance that below 1800$ will create a panic, but on the other hand,what if bitcoin stays above 2000$.  Panic has no room when bitcoin is above 2000$ price.

I think the price will not go under $2000 last time also it went near to $2k and after it increased so this time, also this may repeat it is my prediction. But I can not say 100% that the price will not go under $2k our bad luck it may go down. But now only don't get panic let's wait for 2 or 3 months.

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[cramcram21]

Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

[richminded]

Not just bitcoin are falling but a most of the coins, but for me no need to be on panic because every time the price of the btc fall it will surely bounce back and sometime make a new all time high. we must be more optimistic and wait patiently, theres a major price correction right before the segwit, just watch and hold.

[Bee Leb07]

Panic never contributes to making the right decisions. I think the panic was provoked by the whales who are looking for any opportunity to buy coins at a low price. Exercise patience and you will be rewarded. Panic does not benefit anyone except speculators.

I agree with you totally. Panic doesn't bring any good or any benefit. And in fact, there can be many ups and downs in Bitcoin. But, for this reason, there is no meaning to panic. Now, it is falling. After some days, it will rise again. So, keep your patience up and wait for the price rising. So, i think it is nothing to be worried.

[conected]

I think it will be a panic time once bitcoins price will slump below 1800

There is a chance that below 1800$ will create a panic, but on the other hand,what if bitcoin stays above 2000$.  Panic has no room when bitcoin is above 2000$ price.

I think the price will not go under $2000 last time also it went near to $2k and after it increased so this time, also this may repeat it is my prediction. But I can not say 100% that the price will not go under $2k our bad luck it may go down. But now only don't get panic let's wait for 2 or 3 months.

- Yes, i also think like you, price of Bitcoin will not go back below $ 2,000 because I think its price has stabilized above $ 2,000, want it down to $ 2,000 again is very difficult unless it falls into the worst of situations and everybody panics to sell it but I think this will not happen. The price of bitcoin drops sharply is something I see very often and it always waits when we get depressed and want to quit it, it will increase suddenly and unexpectedly, so I believe in the next few weeks, it will rise again and reach $ 3,000 again

[Question123]

As of now the price bitcoin decrease at 2500 dollare and I think that the right time to buy bitcoin because nextfor sure the bitcoin price will increase again for sure it will increase again . Because halving is near and for sure the price will increase. So hurry up buy bitcoin and enjoy later profit. More bitcoin more money ,hold it , keep it for the future.

[Seeker01]

Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

Yes this is true, we all know that the price of bitcoin/altcoins are really volatile so what do you expect when you do trading, its up and down of the price, and i think $1,800 is too much for bitcoin to fall it might be $2,000 and surely will bounce back when it hit its support level, so theres no time for panic, just accumulate more btc and enjoy the profit later on.

[HasHe]

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?

Its not new to bitcoin investors.Fluctuations in bitcoin price is a day to day routine.In fact,its the nature of a decentralized currency as there is no authority controlling its price.If we have to think of shifting to any alt due to fluctuation in bitcoin price,then it would be a worse decision since most altcoins are just pump and dump coins.

[Sled]

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?

Its not new to bitcoin investors.Fluctuations in bitcoin price is a day to day routine.In fact,its the nature of a decentralized currency as there is no authority controlling its price.If we have to think of shifting to any alt due to fluctuation in bitcoin price,then it would be a worse decision since most altcoins are just pump and dump coins.

Bitcoin fluctuations is indeed a normal routine for bitcoin because like you said, it is decentralized so there is no person or organization that is in charge in maintaining the price of bitcoin so the fluctuations are expected. The only thing that we can to do that is to just buy bitcoins when there is a dump and sell it when there is pump so we can have the chance to make money. If you buy some bitcoins or any altcoins yesterday then you already made a good profits.

[investinator]

Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

Yes this is true, we all know that the price of bitcoin/altcoins are really volatile so what do you expect when you do trading, its up and down of the price, and i think $1,800 is too much for bitcoin to fall it might be $2,000 and surely will bounce back when it hit its support level, so theres no time for panic, just accumulate more btc and enjoy the profit later on.

Well even if it hit $1800 I still wouldn't panic, after all how many times has bitcoin been declared dead? You would think after so many years people would get the idea that its a volatile currency but its normal in such a young market.

[Monnt]

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.

This is something that really people forget about. It simply mean to be ready for any type of uncertain situation and honestly speaking the volatility of the bitcoins is something that differentiates it from the others. At the same time it is a reason for the loss and if you keep calm and buy more at that time you make it an opportunity for you.

[ladydark]

Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.

[gabmen]

Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.

Indeed. Same here. And i also would take advantage of buying btcs during these drop times instead of selling. With btc, positive outweighs the negative so when the price of btc drops, much much better to add up tonthe ones i'm holding. I have high hopes hat this strategy would someday reap big rewards in a few years

[Sled]

Volatility is not new to bitcoins.Price always increases and decreases as demand increases and decreases.Only newbies get panic on seeing price falls and start selling their bitcoins.It would only favour big whales to buy cheap bitcoins.But i have seen such huge price rise and drops and i am just going to hold bitcoin on a long term basis.

Indeed. Same here. And i also would take advantage of buying btcs during these drop times instead of selling. With btc, positive outweighs the negative so when the price of btc drops, much much better to add up tonthe ones i'm holding. I have high hopes hat this strategy would someday reap big rewards in a few years

Just always buy at the dips of the prices of different cryptocurrencies aside from bitcoin because that how the winners do they just buy when there is a panic of people just keep selling their coin and they just laughing to those people because they know that the price will recover and after that recovery they will earn massive amount of profits which is a very simple to understand, buy when people are in fear of jumping in and just sell then are too greedy because of fear of missing out.

[zekeshawn]

Panic Selling is just for the people who have weak hands, so if you see bitcoin falling then it's your chance to buy more and wait for it to skyrocket again.

[hahay]

Now is not the right time to panic, maybe I will panic if bitcoin falls below $2000. So far I think the bitcoin price can still be said to be stable at $2000 exactly at $2500 and we just have to hold bitcoin because maybe in july we can see bitcoin price is at $3000.

[joao1973]

Now is not the right time to panic, maybe I will panic if bitcoin falls below $2000. So far I think the bitcoin price can still be said to be stable at $2000 exactly at $2500 and we just have to hold bitcoin because maybe in july we can see bitcoin price is at $3000.

Let's wait and see

[RhodaGila]

We need the panic, because in the panic there are multiples of benefits. A saying goes to buy cheap/low price and sell when the price rises/high. Because whatever it is, we need the panic, without panic buying and selling Bitcoin will not be exciting. Cheers ...

[Mahfeeling3]

Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.

[NEWGOODOUBLE]

Mortals see it as a bad scenario, geniuses see it like an opportunity to buy.

Instead I think that this is the right time to buy more. Just as the previous cycles bought in the $ 2500 price then sell for $ 2600. Although the benefits are few but if you do it repeatedly. Of course the profits will be greater right ?