Bitcoin is Falling...Is it Panic Time?

[tienigarazz]

One of the chracteristic of bitcoin is that it is fluctuating. So there's no need to panic, and base on the history of bitcoin if the price of btc goes down in the next month after that it will goes up and will surpass the highest pick that bitcoin ever made.

[Wexnident]

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?

Unstead of panicking, a user should be patient and wait for its value to again, increase. Sudden dumps are already expected because of Bitcoin's volatility. So Fluctuations are already expected. People are awared that there'll be times that its value will increase and ofcourse, there'll be times wherein it value is falling. What a user needs to do is to calm down and wait.

[krisnt80]

I dont follow to much the bitcoin price, sure it does affects me since one day is worthing more and other day is worthing less, but the most important for me is the ammount of bitcoin i do have, i know in the future bitcoin will achieve bigger values then nowadays, even 4000 dollars being an amazing value already, i believe into bitcoin potencial over the next years.

[Potato Chips]

One of the chracteristic of bitcoin is that it is fluctuating. So there's no need to panic, and base on the history of bitcoin if the price of btc goes down in the next month after that it will goes up and will surpass the highest pick that bitcoin ever made.

yes its fluctuating but it doesn't mean that it'll always go back to a higher price that why people are targeting this knowing that some people are easy to sway.

although if you look on charts, there is a high chance of it happening. in any given situation, its always wrong to resort on panicking because it usually result

in making wrong choices.  

[Smarty14392]

It's still a very good time to invest in it. More and more countries will use it as an extra currency so it will still go up.

Bitcoin is recovering from its fall again. It is 46xx dollars now so bitcoins are again going to become expensive. The price will be much higher in future so it is better to invest today than to regret tomorrow. However, if there will be a decline again, no need to panic.

There's really no need to panic,btc will keep soaring high no matter what,we may experience fall but btc will surely recover no matter what. So be patient and belueve in btc.

Exactly! There is no need to panic even if the prices are coming down. I think in fact this is the right time to invest more in it to have more profit and more money in future. I think even if prices are going down, they’ll soon start increasing in a very similar fashion as they were increasing in past.

[batang_bitcoin]

I dont follow to much the bitcoin price, sure it does affects me since one day is worthing more and other day is worthing less, but the most important for me is the ammount of bitcoin i do have, i know in the future bitcoin will achieve bigger values then nowadays, even 4000 dollars being an amazing value already, i believe into bitcoin potencial over the next years.

Why not? When I'm always in front of my computer I used to check bitcoin's price and I love to monitor the price. But in these times that when bitcoin's price is falling it's better not to check the price. And the cause of panic is when the holders are seeing the price of bitcoin starts to fall and this happened base on my experience.

[stevano]

do not ever, feel panicked if you see the market situation is less wearing, or falling prices, you should stay calm and find a solution so as not to sell the existing but must buy to gain profit in the future
because the tradition of the bitcoin price after it drops it will rise again beyond the price at the beginning of the down
so do not panic, because it is a stupid and detrimental thing

[TravelMug]

I dont follow to much the bitcoin price, sure it does affects me since one day is worthing more and other day is worthing less, but the most important for me is the ammount of bitcoin i do have, i know in the future bitcoin will achieve bigger values then nowadays, even 4000 dollars being an amazing value already, i believe into bitcoin potencial over the next years.

Why not? When I'm always in front of my computer I used to check bitcoin's price and I love to monitor the price. But in these times that when bitcoin's price is falling it's better not to check the price. And the cause of panic is when the holders are seeing the price of bitcoin starts to fall and this happened base on my experience.

Maybe this guy is afraid that he will sell his coins seeing that the price is going down. This is his way not to panic and get nervous. LOL. I consider checking the price from time to time a good practice because you will know what's going on with your investment. But its up to you to panic and push the sell button or just stay calm and thinks that this is just a minor correction and that bitcoin can really recover from it. I'm not saying that I'm not nervous when I see the price plummeting, but I have full trust in bitcoin ecosystem that it can rebound from this crash or dip and even going strong as the previous price.

[deejhay]

The fluctuation of bitcoin price in the market isnt new so im gonna keep my bitcoin. It just prove that bitcoin is still developing and soon, its price will rise again and even higher than before.

[Difftic]

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?

Maybe we do not have to be bothered because bitcoin's value is low today but we know that bitcoin's bigger value is closer but I think it's okay to hold first if we have bitcoin because we can not tell if it's necessary bitcoin can get its high value again.

[Quietman]

Bitcoin falling should not be considered as panic time. It should be a discount time for all of us. Knowing that bitcoin will even get higher in the future. Panic will make you lose and regrets. I have experienced it personally and has already learned my lessons.

[fredo123]

Bitcoin is falling may cause panic? Not necessary to make panic..its an opportunity to buy bitcoins as much as you can, We don't have assurance of its precise value either up or down but to those who already understand the characteristic of bitcoins. They already knew how it works besides they are not afraid when the value drops because it will recover in the upcoming days..and a good chance to earn a good profit someday..Its normal ...

[doomloop]

One of the chracteristic of bitcoin is that it is fluctuating. So there's no need to panic, and base on the history of bitcoin if the price of btc goes down in the next month after that it will goes up and will surpass the highest pick that bitcoin ever made.

It is the reality my mate! The price of the bitcoin is not predictable now because a lot of new people are now using bitcoin as the bitcoin getting famous. In the past people sold a lot of bitcoin at the time of fall but pump and dump are the part of business so no worries just be patient and save your bitcoin so that you will earn good profit when the price of the bitcoin will increase again.

[chalkboard17]

Bitcoin is falling may cause panic? Not necessary to make panic..its an opportunity to buy bitcoins as much as you can, We don't have assurance of its precise value either up or down but to those who already understand the characteristic of bitcoins. They already knew how it works besides they are not afraid when the value drops because it will recover in the upcoming days..and a good chance to earn a good profit someday..Its normal ...

To new members, it does cause a lot of troubles. I have many friends who only know about bitcoin for a few months and it does make them panic whenever the price of bitcoin drop. We know that bitcoin is good and it always goes up, but the new members do not have a good belief like us

[Freedom Force]

The hard lesson to be learned about cryptocurrencies is never panic, buy the dip.

But this is only valid for the truly innovative, decentralized cryptocurrencies.

[batang_bitcoin]

I dont follow to much the bitcoin price, sure it does affects me since one day is worthing more and other day is worthing less, but the most important for me is the ammount of bitcoin i do have, i know in the future bitcoin will achieve bigger values then nowadays, even 4000 dollars being an amazing value already, i believe into bitcoin potencial over the next years.

Why not? When I'm always in front of my computer I used to check bitcoin's price and I love to monitor the price. But in these times that when bitcoin's price is falling it's better not to check the price. And the cause of panic is when the holders are seeing the price of bitcoin starts to fall and this happened base on my experience.

Maybe this guy is afraid that he will sell his coins seeing that the price is going down. This is his way not to panic and get nervous. LOL. I consider checking the price from time to time a good practice because you will know what's going on with your investment. But its up to you to panic and push the sell button or just stay calm and thinks that this is just a minor correction and that bitcoin can really recover from it. I'm not saying that I'm not nervous when I see the price plummeting, but I have full trust in bitcoin ecosystem that it can rebound from this crash or dip and even going strong as the previous price.

Possible that he can well it's good that he's doing the right thing. It's a good practice and it's also a test of patience on how can you endure to see the price of bitcoin falling. Well this is my trick, I'm setting myself to be good at $3,500 so that will not hurt my feeling if the price is doing down and when we reached another good floor price I'm raising it with +$500.

[d1ceplayer]

It's still a very good time to invest in it. More and more countries will use it as an extra currency so it will still go up.

Bitcoin is recovering from its fall again. It is 46xx dollars now so bitcoins are again going to become expensive. The price will be much higher in future so it is better to invest today than to regret tomorrow. However, if there will be a decline again, no need to panic.

There's really no need to panic,btc will keep soaring high no matter what,we may experience fall but btc will surely recover no matter what. So be patient and belueve in btc.

Yeah, according to my experience in the past, Bitcoin is falling just a trap of the whales and the professional traders, this is a sign of strong price increases and breaking the old prices to achieve higher value. Bitcoin will soon recover and we will be surprised when we see the value that bitcoin can achieve, therefore, there is no reason to panic, we should be glad because the price of bitcoin will increase sharply. If we feel anxious and panic, turn off our computer and wait for a friend to inform us about the price of bitcoin for the next few weeks or months.

true, the decline in bitcoin prices is only temporary. not going back up after a few weeks or days. you can see it afterwards. I think there is no word panic for to invest bitcoin even though bitcoin price down. it's just some speculation of the bitcoin price to encourage people to buy bitcoin because of the cheap bitcoin price. maybe you just need to be patient and wait when bitcoin prices reach the highest point. do not panic with the incident.

You are indeed right dude; this downfall is basically a sign of an increase in the price. In future, the value will definitely break all previous records. For me, the dip provides us with a chance to increase our number of bitcoins, so it is better to buy more bitcoins than panic selling out.

[NS-Soul]

Bitcoin is falling may cause panic? Not necessary to make panic..its an opportunity to buy bitcoins as much as you can, We don't have assurance of its precise value either up or down but to those who already understand the characteristic of bitcoins. They already knew how it works besides they are not afraid when the value drops because it will recover in the upcoming days..and a good chance to earn a good profit someday..Its normal ...

To new members, it does cause a lot of troubles. I have many friends who only know about bitcoin for a few months and it does make them panic whenever the price of bitcoin drop. We know that bitcoin is good and it always goes up, but the new members do not have a good belief like us

Yes  ,because they will more follow their emotions than us who already knows the normal things that happens in bitcoins .If im a newbie from $4900-$4000 i would also sell .Its part of their grpwing to experience and learn from it.

[crzy]

Bitcoin is falling and yet for me no need to panic because we all know that when bitcoin fell down it will surely bounce back and can make a new all time high. So for me this is an opportunity to make more money.

[babygun]

Bitcoin is dropping again, has happened a couple of time last weeks, but it is now quite steady at 4000$
No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again