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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 33270 times)
Braveshd
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September 02, 2017, 05:48:02 AM
 #521

It's crazy to think it has doubled since the hard fork. I am curious to what people think the price will get to before the November split and if it will affect the price of Bitcoin. It is always great to be speculative with the prices and keep up to date with news with anything as volatile as Btc.
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September 02, 2017, 05:48:43 AM
 #522

In last 30 minutes or so BTC value has fallen by more than 100$. It was trading at around 4820 $ and now its around 4700$. Well its not a panic time may be a slight correction would be on the way because 5k is the next level which is being looked upon as per many traders in the market as the next Resistance level.

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September 02, 2017, 05:56:59 AM
 #523

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins

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September 02, 2017, 06:01:53 AM
 #524

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
Whenever we see a dip in the market then it is a sign that we should buy at the dips and hold them for long term. That is the best thing to do and not to panic sell but to panic buy, treat those dumps or dips as an opportunity to buy more bitcoin and to earn more money in long term reasons.

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September 02, 2017, 06:18:41 AM
 #525

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
Whenever we see a dip in the market then it is a sign that we should buy at the dips and hold them for long term. That is the best thing to do and not to panic sell but to panic buy, treat those dumps or dips as an opportunity to buy more bitcoin and to earn more money in long term reasons.

Indeed! Buy low, sell high - that is how you win at trading.

Right now Bitcoin is crashing... but we will see how long it lasts. I think everyone wants to go above $5,000 so I am not sure why it crashed so early, but I think we will reach $5,500. Smiley



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johanesrobin
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September 02, 2017, 06:38:17 AM
 #526

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
I really agree with you.
Panic is a dangerous disease you will easily lose your money.
If BTC goes down then you buy it or buy altcoin, it is a rare opportunity nowadays. Grin

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September 02, 2017, 06:51:23 AM
 #527

Its really easy to look back in the past, just last month we talk about falling price in bitcoin and now it already double the price of it  Grin Grin
In my opinion i think its best to trust on your gut, and panic only make it worse, for example if your really trust on your bitcoin then holding it and buy it when it reached lower price would be the best bet. However if you think that bitcoin won't be a safe bet and will start decreasing in value, then you should trust your heart and sell it. Even sometimes predictions maybe wrong, but when you listen to yourself other than hearing others opinions, it will make yourself have better confidence in yourself and not to become panic the next time something like this happened again.
I probably think bitcoin prices still got a long way to go, but doesn't mean we shouldn't proceed with cautious since the price double in a relatively short time frame, and it should be not a really got advice to invest in spiking price/  Grin Grin
As the old proverb said, Easy Up and Easy Down  Grin
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September 02, 2017, 07:03:52 AM
 #528

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?
Bitcoin will not falling instead it will always go up until they reach the limit. Bitcoin is very popular and now center of cryptocurrency thats why the price is increase rapidly as the law of supply and demand is applied

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September 02, 2017, 09:51:08 AM
 #529

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?
Bitcoin will not falling instead it will always go up until they reach the limit. Bitcoin is very popular and now center of cryptocurrency thats why the price is increase rapidly as the law of supply and demand is applied

Sadly, after the price has enjoyed its moment when it briefly touches $5000. It is going down to $4600. I'm assuming that we are seeing a panic sell which is not good. Well one thing I'm seeing is that this could be a perfect opportunity for new investors to come in and buy bitcoin and join the party. Although its kinda disappointed to see that the price was not sustainable and a lot of investors are cashing it out. But I won't panic sell because I have fully trusted that bitcoin can recover from this price correction and the price could go even higher in the next couple of days once the new investors started to enter.

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September 02, 2017, 09:57:09 AM
 #530

Panic makes people lose money and become crazy at always, lol, be patience and solve it with your experience is better. Grin
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September 02, 2017, 10:33:52 AM
 #531

If bitcoin falls, then you need to buy coins at a cheap price so you can then get more profit from the price increase. Beginners mistakenly panic and lose the opportunity to earn selling their coins.

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September 02, 2017, 12:45:15 PM
 #532

please more panic, I want to buy low  Smiley

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September 02, 2017, 01:22:15 PM
 #533

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
But this time can be considered as the panic condition, a lot of coins gets decreased a lot. The more people are trying to cash out and just use the profit to invest in the new or just try to flip it in another way.
This is the correction phase for the cryptos.

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September 02, 2017, 02:55:41 PM
 #534

If my condition still newbie in cryptocurrency, surely i am is one of bitcoin holders will sell because panic when price fallen. But now, i am never be tempted again. Because i look more at least for next 5 years. Bitcoin is an active assets.

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September 02, 2017, 03:09:59 PM
 #535

Right now bitcoin is having a correction. I would not even call it a small one anymore. So does every other currency at the moment.
Maybe a few people out there are really getting cold feet.
That is creating a nice opportunity for everyone who was watching the market and waiting for an opportuity to enter.
But that is the tricky thing. You never know when the bottom is reached.

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September 02, 2017, 03:17:08 PM
 #536

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?
There is no reason for us to panic if the price of the bitcoin is going down. Many people regretting if they sell their bitcoin in wrong time. If the price of the bitcoin goes down, the best thing to do is hold our bitcoins and sell it in the right time.

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September 02, 2017, 03:26:26 PM
 #537

Just trade bitcoin the same as any stock. Support/resistance and you're good.
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September 02, 2017, 03:35:22 PM
 #538

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
I agree with you and this is what I always tell to my friends who are new in bitcoin that they don't have to panic about bitcoin falling price because after that it will surely make a new ath so if price is down then better buy a lot to make more profit in the future.
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September 02, 2017, 03:46:21 PM
 #539

Bitcoin falling its value doesn't mean you have to panic or move into other coins. You can consider this event as an opportunity to buy bitcoins
I agree with you and this is what I always tell to my friends who are new in bitcoin that they don't have to panic about bitcoin falling price because after that it will surely make a new ath so if price is down then better buy a lot to make more profit in the future.

If you are talking about today's price cuts, then I would not even pay attention to it. The price fell by several percent. This is very insignificant. Bitcoin will soon continue to grow. No reason to panic

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September 02, 2017, 03:49:27 PM
 #540

i would say buy the dip.. its more like, bitcoin unable to touch 5k and all those fud happening around
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