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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34127 times)
dobladi
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August 18, 2017, 12:54:40 AM
 #401

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?
During the dumps, I will still hold into my Bitcoins and will avoid selling it even if the price is really low. And besides, the price of Bitcoin before is way far from its price at this moment. So it won't be a problem if you'll risk and wait until the price , again, increase because it will surely increase maybe after a year if the dumps is really big.

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August 18, 2017, 01:25:51 AM
 #402

Not really, in my view i dont need to panic simply because i believe on bitcoin and i know that what ever happen bitcoin will always bounce back, look a the price of btc now a lot of news about the fork but as we can see the price of bitcoin are still strong. Im just here waiting to accumulate more bitcoin when it hit lower price again.
If you believe you will never gonna feel that panic that some weak hands are feeling right now.
When they are on the panic mode we also in the buying more, our actions are more favorable because in the long run we will see again the price of bitcoin will dump, this happened already most of the time so we need to follow the trend, if we do thins every time we will gonna make money in a short period of time also.
a little bit patience and be calm down when you see the price down sharply will give you more benefit right now in bitcoin world. go down $300 to $500 daily are a usual thing recently , for traders it was a golden time to make money from there .

never get panic when down, just think with a clear minds and take an action after.

.
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August 18, 2017, 02:06:09 AM
 #403

Not really, in my view i dont need to panic simply because i believe on bitcoin and i know that what ever happen bitcoin will always bounce back, look a the price of btc now a lot of news about the fork but as we can see the price of bitcoin are still strong. Im just here waiting to accumulate more bitcoin when it hit lower price again.
If you believe you will never gonna feel that panic that some weak hands are feeling right now.
When they are on the panic mode we also in the buying more, our actions are more favorable because in the long run we will see again the price of bitcoin will dump, this happened already most of the time so we need to follow the trend, if we do thins every time we will gonna make money in a short period of time also.
a little bit patience and be calm down when you see the price down sharply will give you more benefit right now in bitcoin world. go down $300 to $500 daily are a usual thing recently , for traders it was a golden time to make money from there .

never get panic when down, just think with a clear minds and take an action after.
Patience is very needed in bitcoins,fluctuations in price are normal whats normal also is panicking to sell especially those newly adopters of bitcoins that doesn't fully know what is bitcoins.

 
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Twinscoin2017
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August 18, 2017, 03:10:48 AM
 #404

Not really, in my view i dont need to panic simply because i believe on bitcoin and i know that what ever happen bitcoin will always bounce back, look a the price of btc now a lot of news about the fork but as we can see the price of bitcoin are still strong. Im just here waiting to accumulate more bitcoin when it hit lower price again.
If you believe you will never gonna feel that panic that some weak hands are feeling right now.
When they are on the panic mode we also in the buying more, our actions are more favorable because in the long run we will see again the price of bitcoin will dump, this happened already most of the time so we need to follow the trend, if we do thins every time we will gonna make money in a short period of time also.
a little bit patience and be calm down when you see the price down sharply will give you more benefit right now in bitcoin world. go down $300 to $500 daily are a usual thing recently , for traders it was a golden time to make money from there .

never get panic when down, just think with a clear minds and take an action after.
Patience is very needed in bitcoins,fluctuations in price are normal whats normal also is panicking to sell especially those newly adopters of bitcoins that doesn't fully know what is bitcoins.
yes i agree that was normal.we dont have to be panic from the past years its price will go up and down but in a long run it is rising.believe and have patience and i think bitcoin will be our asset to be more profitable.
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August 18, 2017, 03:40:27 AM
 #405

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?
No need to panic. Dumps are only part of Bitcoin's volatility because all price of any cryptocurrency depends on the market's demand. And it often happens, like, its price will decrease by 100$ for let's say 3 days then it will again increaseby 200$ after few days. Which means the pumps are bigger than the dumps, also a reason on not to panic when the price is dipping.

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Bunsomjelican
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August 18, 2017, 11:18:33 AM
 #406

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?

Well, people don't learn about this momentum. Don't they know that falling the price value is very a common thing, then in just a small things happen on dropping value they always got panic. Look are those holders who believed into bitcoin they had strong belief unto it and now bitcoin was 4400$ dollars.
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August 18, 2017, 04:39:27 PM
 #407

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?

Well, people don't learn about this momentum. Don't they know that falling the price value is very a common thing, then in just a small things happen on dropping value they always got panic. Look are those holders who believed into bitcoin they had strong belief unto it and now bitcoin was 4400$ dollars.

If he just hold on his bitcoin, but now it is almost doubled so you should automatically profit today. Of course when the value has fallen every one is so nervous that they panic and immediately push the sell button. However, just like what I mentioned if you learned to hold for a little longer, everyone should be taking profit by now because of the high price of bitcoin.

I already learn to control my emotions and not be affected if I see that the price is falling. I already understand that this is part of how the market operates, and the daily price swing is but normal in bitcoin and crypto space in general.
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August 18, 2017, 04:50:50 PM
 #408

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?

Well, people don't learn about this momentum. Don't they know that falling the price value is very a common thing, then in just a small things happen on dropping value they always got panic. Look are those holders who believed into bitcoin they had strong belief unto it and now bitcoin was 4400$ dollars.

If he just hold on his bitcoin, but now it is almost doubled so you should automatically profit today. Of course when the value has fallen every one is so nervous that they panic and immediately push the sell button. However, just like what I mentioned if you learned to hold for a little longer, everyone should be taking profit by now because of the high price of bitcoin.

I already learn to control my emotions and not be affected if I see that the price is falling. I already understand that this is part of how the market operates, and the daily price swing is but normal in bitcoin and crypto space in general.
According to today's forecasts of experts, all fluctuations of the currency on the trading exchanges are temporary and still one should expect a sharp increase in bitcoin. Even today we can judge that in percentage terms, compared to last year, Bitcoin has grown several times. I thought that despite today's drop to $ 200, in the next days we will see growth again, perhaps even at $ 5,000.
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August 18, 2017, 05:00:30 PM
 #409

It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
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August 18, 2017, 06:14:22 PM
 #410

It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
We do not need to panic at bitcoin prices down now, though now the bitcoin price is down, bitcoin prices still have a high value of $3000 - $4000 and people do not need to panic if bitcoin prices go down because bitcoin prices still have such high value now.

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August 18, 2017, 06:25:58 PM
 #411

Now all of the investors here that sell all their bitcoin what happen to you? the bitcoin price is now in the highest price of its value, always remember that bitcoin will fall but it will not fail, bitcoin will increase for sure.
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August 18, 2017, 06:26:45 PM
 #412

It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
We do not need to panic at bitcoin prices down now, though now the bitcoin price is down, bitcoin prices still have a high value of $3000 - $4000 and people do not need to panic if bitcoin prices go down because bitcoin prices still have such high value now.
As the above mate insisted there is nothing to panic about the price fluctuation happening over the network. Once after going as high as $4000+ price seems to grow in a gradual way without large scale fluctuation happening same as that happened weeks back.

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glowing10
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August 18, 2017, 06:26:57 PM
 #413

It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.

Actually people do not know much about the potential of Bitcoin so if price reached high they feel that now it will drop and they sell in a hurry . Actually now too it's a very good time to buy few Btc and altcoins as price in future will be rising too much and can get good profits too .
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August 18, 2017, 06:58:38 PM
 #414

Now all of the investors here that sell all their bitcoin what happen to you? the bitcoin price is now in the highest price of its value, always remember that bitcoin will fall but it will not fail, bitcoin will increase for sure.
just a correction and nothing new about it so better to keep holding if you are not really in need of your investment don't cash it out let this correction
past by and we will see another jumped in coming days, its really better to forget about this for a while so it will be good on its value after some years
of holding.

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CriptoSven
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August 18, 2017, 07:33:47 PM
 #415

At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs
Bingooop
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August 18, 2017, 08:17:50 PM
 #416

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?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices  .
So instead to get panic you should make profit.

Naah it's not a deal to worry about as bitcoins value are increasing day by day so one day fall doesn't effect it overall
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August 18, 2017, 08:40:35 PM
 #417

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?

Im sticking with bitcoins. This happened a lot in the past before. Even though the prices are not the same, the events are almost identical. And i will mever let go of bitcoins just because some weak hearted dumbfcks decide to sell their bitcoins out of fear. Bitcoin will eventually correct itself day by day in time as people learn more and more about it and get enough people who really do know sht about what they are doing and can properly advice people who are clueless. So I'll still be holding bitcoins.
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August 18, 2017, 09:20:31 PM
 #418

It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.


For me it's not that alarming and we can see price of bitcoin depends on the actual demand and supply to those who will buy and price is really within the control of the system. All the rumors speculation may affect everybody's decisions but I am certain that after that price decrease it will rise back again due to those on queue investors will eventually buy an investments. Even were now decreased to $4000 still I am positive that it will bounce back to near $5000 for several days to come. 

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superplus
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August 18, 2017, 09:37:18 PM
 #419

At the moment, bitcoin is very expensive and he has overcome several record marks.
But society is already ready for the fact that soon bitcoin will become cheaper. This is a pattern that always occurs
Only people panicked who think that bitcoin prices will fall cheap when from day to day bitcoin popularity level increasingly.
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August 18, 2017, 10:31:32 PM
 #420

You do not panic with the decline in bitcoin prices. Bitcoin is more volatile than other coins or gold. With the number of bitcoin in the world fixed and the increasing demand for bitcoin will continue to rise. If it decreases maybe it's only temporary .. you do not panic and decide to sell your bitcoin .. do not !! You should be patient and wait for bitcoin prices will rebound and rise again. You can see significant bitcoin price changes from year to year. Many advantages if you store bitcoin.

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