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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34108 times)
Pamadar
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June 16, 2017, 08:19:03 AM
 #21

This is the right time to buy bitcoin, I think bitcoin will get mass adoption from asian countries,  so the price will rise again.
Keep buying and invest it inside trading while waiting for the price to rise up again the future ahead is really big for this digital currency so its not the right time to panic or being shake to whoever doing this mass downfall if this is just another corrections or there's really an issue behind just hold on and wait.
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DRaGoN RaNTaRo
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June 16, 2017, 08:50:18 AM
 #22

Keep buying and invest it inside trading while waiting for the price to rise up again the future ahead is really big for this digital currency so its not the right time to panic or being shake to whoever doing this mass downfall if this is just another corrections or there's really an issue behind just hold on and wait.
As an investor you always panic when you see your asset valuation going down,that is a normal situation and people do sell off their assets if the market is going for a big correction,first thing is never invest when the market is high and if you are careful about that then you will never end up in a loss.
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June 16, 2017, 08:55:12 AM
 #23

Keep buying and invest it inside trading while waiting for the price to rise up again the future ahead is really big for this digital currency so its not the right time to panic or being shake to whoever doing this mass downfall if this is just another corrections or there's really an issue behind just hold on and wait.
As an investor you always panic when you see your asset valuation going down,that is a normal situation and people do sell off their assets if the market is going for a big correction,first thing is never invest when the market is high and if you are careful about that then you will never end up in a loss.

It's really hard to tell if bitcoin is high or not, not long ago it grew from $650 to $1000 and people were selling because they though it's the top, but it kept rising, to $1300, $1700, $2000 and so on, and those who were brave to buy Bitcoin despite that it was at the "high", are rewarded with opportunity to sell today and get their 30-60% profit or even more.

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mundang
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June 16, 2017, 09:08:16 AM
 #24

I thought yesterday is the day that we might see 1900$ price again.  But i was wrong ,bitcoin has a strong wall at 2000$ mark.
Panic selling has ended bitcoin is now on its way going up again.
mharz
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June 16, 2017, 10:01:38 AM
 #25

No need to panic when bitcoin price is falling because it it normal to the marketing of coins. Also, don't scared when bitcoin price is fall down because I believe that on the other day their price were raising up again.
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June 16, 2017, 10:05:14 AM
 #26

there's no panic with bitcoin , even if it fall , it will rise up soon according to Indicators , experts , uses of bitcoin
what i really think is time to buy some altcoin rightnow , if you wanna make some trade
@prashant
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June 16, 2017, 10:06:15 AM
 #27

No need to panic when bitcoin price is falling because it it normal to the marketing of coins. Also, don't scared when bitcoin price is fall down because I believe that on the other day their price were raising up again.
Exactly,it just temporary downfall and it will pump again,due to recent segwit and coinbase problem news,traders starting selling in panic but dont worry it will pump again.
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June 16, 2017, 11:14:05 AM
 #28

It's just correction to 1800, where then the price will go, I'd want to know.

[i m g]https://image.prntscr.com/image/9A-7XrCDTfOo_Mbz9TK7pw.jpg[/img]

dropping below $2000? i don't think so. if it happens it is not longer correction it is a big ass dump with no return, at least for a very long time.

and evidently it is not going to happen either. the $2200 was barely broken and it could not last for long. now we are back up to $2511 at this moment. and although we don't know how long it can last but unless some other terrible news comes out i don't see any more big drops.

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June 16, 2017, 11:25:52 AM
 #29

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?

As to me, it's high time to jump the ship while it is not too late

And this is what I see happening even despite the price rising somewhat after it went down dramatically yesterday. Bitcoin may feel much better after August 1st, but we don't and can't know of that, and this will only contribute to uncertainty and panicky sentiment across markets as we draw closer to the date mentioned. So if you want to play safe, it is better to switch to fiat for the time being. Personally, I'm slowly moving my monetary wealth to Litecoin. That seems to be a safer option than waiting out with bitcoins

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June 16, 2017, 11:30:05 AM
 #30

Panic Time ? It's your opportunity to buy. Look at 1 month ago, there were simmiliarity chart. 2 weeks later after it down, What happened? it increase dude. So i think this situation is same like 1 month ago
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June 16, 2017, 11:53:29 AM
 #31

Don't panic this is worst thing you could do. Everyone got a little fear when it happens for Bitcoin price to fall but you should look at this from positive side, that it's convenient time to buy more coins, not to sell them. So, keep cool head, avoid the panic influences and invest in Bitcoins before the price rise again.

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June 16, 2017, 11:55:41 AM
 #32

No need to get panic its only a common scene on the part of bitcoin. There are only making the market to balance.


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Himanshu111
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June 16, 2017, 12:02:39 PM
 #33

I don't think that a price fall is a reason to panic. Pumps and dumps are very very common in cryptocurrencies. A fall in price is a very good opportunity to pile up as many Bitcoins as you can and sell them when price is high again.
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June 16, 2017, 12:26:13 PM
 #34

NO based on some blogs that i read this is the perfect opportunity to buy bitcoin because this is the sign of bitcoin rising up again to double it's own value and not to decreased again,, so better to buy now this is the perfect opportunity to buy bitcoins and gain some profits in the future,,
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June 16, 2017, 01:14:27 PM
 #35

Nope. You don't have to be panic. It's just a normal case and that's life of the economy as well. It's just a similar situation and people should not worry about it. Soon, it will rise again There are many chances that might happen for its progress eventhough it fluctuates at times but that doesn't mean that it will be for a long time. There are better ways to move forward ahead in bitcoin's journey and success in the future so don't be panic.
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June 16, 2017, 01:34:16 PM
 #36

NO based on some blogs that i read this is the perfect opportunity to buy bitcoin
You shouldn't base your actions on what you read on the internet. It just requires common sense and a very basic form of market understanding to use these repetitive ups and down in your advantage. If you read something on the internet, then it's the view of the writer of the blog or artcile, but that doesn't mean it holds any value. Always do your own research.

because this is the sign of bitcoin rising up again to double it's own value and not to decreased again
Clear sign of someone that doesn't know what he is talking about - quit getting information from the blogs your read.

so better to buy now this is the perfect opportunity to buy bitcoins and gain some profits in the future,,
This is the only part that somewhat makes sense of your post.
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June 16, 2017, 01:34:24 PM
 #37

Yeah it is pretty sure that any time soon Bitcoin's value it is gonna drop . Like it has happened several times in the past . Bit why panic ? The price is going to be high again and even higher than now . No panic at all guys
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June 16, 2017, 01:40:14 PM
 #38

It is never time to panic. Much less plan ahead to panic.  Cheesy
Your best financial decisions are not made while fearful. Let the other guy panic and you will have an edge in the market.




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June 16, 2017, 01:48:04 PM
 #39

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?
As you can see bitcoin have dump in pump in the graph so that is normal and I think hold is the best way to not regret because bitcoin is good for long term investment and another thing is bitcoin is just starting so don't panic sell.
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June 16, 2017, 01:51:10 PM
 #40

Liar liar pants on fire! price isn't falling, this is just the routine set backs and will as always rise back to the top once again, just give it time mate.

Just 2 days ago I was wishing for price to drop down to $2400 and now less than 2 days it fell to $2100, this is just our expectations changing nothing

More. if whenever the price drops we stand united and together support it back up again and if we keep doing that then price will never crash and

Bitcoin will always have it's value. as always Bitcoin moving up and it's green and all the altcoins are green and moving up, without Bitcoin the

Entire cryptocurrencies and their investors are like orphans.
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