Bitcoin is Falling...Is it Panic Time?

[YOYOY]

There's no need to be panicked, because bitcoin will rise again and again and we should know that, that's how bitcoin as a promising coin or currency of the century. We should not panic in because bitcoin is never affected by inflation nor it have tax instead lets panic to buy some more bitcoin because it's the time we can earn a lot for the future use.

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[Harlot]

Good thing for those who didn't get panic. It's already $2656 now at bitstamp and it seems slowly rising. If there are fall of price don't get panic just because of that. It will recover sometime for sure and that is proven, and that is the how the price movement works. It's common.

I absolutely agree with you, that has been the trend lately if you've been following Bitcoin so I guess some new panic sellers have learnt their lesson, I will also speak to the OP to either edit or start a new thread with the heading "Bitcoin is rising"

Price recoveries of Bitcoin will always be the living proof why panicking is a bad idea. Instead of being on that state why not take advantage of a low price of a hot asset? Every time I see a price correction of Bitcoin I always know that it is a time of profit taking of the big players which when the price is at the bottom they will buy Bitcoin again. Last week it was around 2300-2500$ now we are seeing Bitcoin at around 2600-2700$ level maybe in a short period of time we will see it back up at 2900$.

[cram03]

No actually it is the best time to buy more and more bitcoin this is the time that all of the traders buy bitcoins and waiting for the increasing time and sell their bitcoins and some of them are obsolutely will be rich,, bitcoin is falling it is normal in crypto because almost all selling because they reach their quota's

[roadbits]

No actually it is the best time to buy more and more bitcoin this is the time that all of the traders buy bitcoins and waiting for the increasing time and sell their bitcoins and some of them are obsolutely will be rich,, bitcoin is falling it is normal in crypto because almost all selling because they reach their quota's

I don't thnk it is falling. Where it is falling bro, today price is $2700 this is not a small amount. However, you calculate we are in profit. I hope very less people bought bitcoins when the price reached $2900 rest of them are bought coins below $2500. So who ever bought bitcoin at this price they all in profit. So there is a reason to get panic here just wait for few more weeks you can make some more profit.

[passionsurf]

Everyone thought it was over after the MtGox disaster several years back. The price dropped from around 1100 to around 200. And now look at the price. Almost all investors go through stages of fear/doubt, so market fluctuations will always happen.

[MMA]

No actually it is the best time to buy more and more bitcoin this is the time that all of the traders buy bitcoins and waiting for the increasing time and sell their bitcoins and some of them are obsolutely will be rich,, bitcoin is falling it is normal in crypto because almost all selling because they reach their quota's

yes I am aree with you that it is still good time to buy bitcoin, in fact the price has already taken the correction and there are no more chances that the price of bitcoin will come down any more therefore I think those people who will invest money in bitcoin right now they have good chances to purchase bitcoin and have a good chance to make money from bitcoin, because the price of bitcoin is expected to increase more in next few days.

[EdenHazard]

Panic may, but do not overdo it. Because panic to something as popular as bitcoin because the price is falling and then you sell it, I think you will regret in the near future because I've experienced something like this. We must stay calm and be sure bitcoin will rise again.

It's a cycle, dump and pump can really happen in btc, there's no need to panic. Since btc is still capable to pump soon like it did before. Same with it can lower the value but not as low as it is before.

indeed but still you need to have some preparation for something unexpected , for something worst that you never imagine before. you need some plan B and a proper bankroll management to make sure you won't completely get panic and just enjoy the fluctuation.

if you have a plan to put your cash in bitcoin for long term then it is a clear case that you won't panic at all.

It is pretty obvious if a panic selling is due to a profit taking or is it due to a really bad news. Panic selling that is done by profit taking should not make you panic at all as price recovery can just be days from now, but if it is due because of a bad news then might be prepared to join others selling their position. As you need to take profit as much as you can before it falls way down just like what happened last year when is was priced at the level of $500 dollars (in which you can accumulate again).

sometimes when the bad news come up in the next days followed by the big news.

you never know right? global market like cryptocurrency will always work with that way , you have to completely understand about this and do analysis as frequent as possible. panic selling could be done when you have a lot of data and make a decision to take a cut loss action based on those data.

[passwordnow]

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.

[lilit]

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.

I also think that the panic for the crypto currency market is very useful and usual topic. The fact is that with such actions, many users begin to discard their coins and thus this all affects the formation of the price A. If the crypto currency falls in price, thanks to panic, that is, the opportunity to buy this helicopter is cheap. Thus, it can be concluded that these panic moods not only use their own good, but also specifically provoke them.

[rickadone]

Maybe because million of people use bitcoin maybe million of use this bitcoin can panic if bitcoin is falling

I think it is not fact bitcoin had a lot of progress and making as well.
Now people are getting awared of it now mostly business are attached with bitcoin and in future we can use it every where and any time so no need to panic bitcoin is rising and will have a bright future.

[Siren]

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.

Yes. Price fluctuations and swings are normal to bitcoin market. But you have to remember that bitcoin can rebound from this price dips. That is why there is no really need to panic or worry if you see that price is going down. Because in the next couple of days it will rebound and the price going up again.

[Biggapp]

The drop of bitcoin is used only to buy coins at a low price in order to make a profit later. Only beginners or too cowardly can panic sell their coins and not earn.

yes you are right it is the outstanding advantage of low price of bitcoin that people buy bitcoin when the price becomes very low and it is the chance for those people who want to buy some bitcoin with low price and then they sell it when the price becomes high, so when the price of bitcoin come down so do not need to panic just buy bitcoin at that time.

[Seeker01]

No actually it is the best time to buy more and more bitcoin this is the time that all of the traders buy bitcoins and waiting for the increasing time and sell their bitcoins and some of them are obsolutely will be rich,, bitcoin is falling it is normal in crypto because almost all selling because they reach their quota's

I agree with this, No need to panic because every time the price of bitcoin fall, it will bounce back. 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.

[deadmousehat]

its normal for bitcoin falling down and rise again 
just hold your bitcoin until price up higher and you can sell it

[Sadlife]

The way i look at it the price will recover itself there is no need for panic because the price will eventually pump up again, bitcoin is not that volatile like in the past where the price just pumps and then suddenly drop to deepese depths. I say let it dip these might be a good chance to buy more bitcoins and add up to your stock for the future, dont be so negative with the price dip you can turn this in your advantage. Right now the current price it $2700 nearing the $3000 barrier after a couple of weeks the bitcoin's already recovered. Bitcoin is strong unlike some altcoin called ETH that drops suddenly to $13.

[duranv]

And sometimes it is rising, I do think it will go up beyond $3,000.00 in the near future.

[tittensor]

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!

[Sled]

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.

[serjent05]

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.

[1Referee]

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.