Bitcoin is Falling...Is it Panic Time?

[megynacuna]

Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

I don't know where the hatred for Bitcoin's downfall is coming from but it's just absurd because bitcoin will never go down as they do wish . It took a tumble due to a he negative news circulating around but it's gradually recovering.

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[Sand King]

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?

Actually bitcoin price drop is just normal and it also happens with other type of cryptocurrency. Although the price dump is alarming, you must still hold into your bitcoin because it just take a short span of time to see that the price will soon rise again. You just need to believe and decrease your doubt about bitcoin's capability and capacity of bitcoin to regain its loss because it happens many times since bitcoin was officially established.

[Monnt]

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?

I am not worried even though the price will drop dramatically, I would be worried if the price would rise again.

I don’t understand your phenomena about the price. I think there is nothing to be surprised with the rising price. It will be automatically rising now because more and more people ae investing in bitcoin with the passage of time and on the other hand the big companies and markets throughout the world have started accepting bitcoin as their payments. Don’t be panic with the low price it is normal.

[gabmen]

Bitcoin is not falling and no, there is not panic time. Just check btc graphic price for last 6 months.

I agree, it is not a panic time you need to buy bitcoins when the price is falling actually. You can make money that way. I knew that if bitcoin would fall hard it would always go up.

I didn't have the money to invest if i had i had surely invested in Bitcoin. I would sell them when bitcoin hits 4900 dollars again so you could make money for nothing.

There isn't much to panic about as whenever there's a drop in valie, it always go up and recover. Panic will cost you a lot so next time think beyond the current happening if there's a drop. Take advantage of that negative fluctuation

[alexsandria]

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?

It's up to you. If you think you need some money and your money on btc will somehow go down and you think that the money your need will go down too, it is good to sell it so that you can save the amount of your hold btc. And we all know that it is natural for us to panic in btc if the value is going down because the thing we are talking is money.

[Oggy Pogi]

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?

Despite of the price drop that happens every now and then, I am still prefer to hold into my Bitcoin earnings rather than transferring it into another currency because I have already learned my mistake from the past when I got panic thw first time have encountered the great price drop wherein I have dropped into the decision of transferring all of my bitcoin earnings into out national currency to at least save my remaining earnings but when the price turns back into normal, the value of my bitcoin got much even more lower and I really regret of getting panic because of that so whatever happens, I will still hold into ky bitcoin and will never do the same thing again. I will just look into the bright side of it wherein I can be able to buy some bitcoin when its price is on dump.

[Sanugarid]

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?

It is normal for the value of bitcoin to fall down because that's how works it is because the deman of the rate of usage of bitcoin. And many people are actually overcome the fear of dumping price of bitcoin. You need only to set your mind in a strategy that somehow give you income eventhough bitcoin price is dumping.

[agentx44]

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?

Do not worry too much if you see that the price of bitcoin falls down because it is really normal and the price of bitcoin is not stable so it will actually fall down, so there are no reasons to panic. Even bitcoin will dump today i will still hold because in the next day it will recover.

[SummerBliss]

If you understand Bitcoin and potential market it is targeting. There is no need to panic when price is down. In past incidents also Bitcoin has always recovered from the worst of dump too. Bitcoin has long to go. This is just a starting phase and price has potential to reach $100k in next 4-5 years.

[BitcoinsGreat]

Really? The value/price is $4000 right this minute. What is it that you are talking about and where does your information come from? I see this time after time and there is nothing to substantiate the threads or comments. Where does this price drop question come from and what are you trying to do to the system? Bitcoin never falls for long.

[Sasuke102001]

Actually no the time of the thread is somewhere near 16 June when the whole James Dimon and the China incident happened bitcoin prices fell down at that time to some point but it is now recovering back and it is now again 4000$ and may still keep increasing more until another such incident happens.

[StockBet.com]

Don't you wish you bought more Bitcoin at the time of this OP?

[planfox]

Don't you wish you bought more Bitcoin at the time of this OP?

Not everyone understands that falling is a great opportunity to buy more coins. Some newcomers panic and lose money. Now we again see an excellent growth and I hope that this is serious.

[xaxistech]

Well right now bitcoin is rising again, so i dont think it is going to go down, we have seen a bearish trend for more than 2 weeks, it was time for it to rise i guess. But i think it will stay quiet between $4200 and $4500, since i dont think it is going to go up so quickly, maybe we can see a $5000 price before the end of october, but who knows, i dont know what to expect anymore.

[DZU1410]

Well right now bitcoin is rising again, so i dont think it is going to go down, we have seen a bearish trend for more than 2 weeks, it was time for it to rise i guess. But i think it will stay quiet between $4200 and $4500, since i dont think it is going to go up so quickly, maybe we can see a $5000 price before the end of october, but who knows, i dont know what to expect anymore.

No one can say for sure. what will happen with bitcoin in the near future. But I hope that we will see a price increase now. In addition, I expect the growth of alternative coins

[cryptoalfs76]

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,i dont have panic because i always thinks positively that bitcoin will rise up back again,maybe this few weeks the currency will dump.thats the nature  of  trading and investinhbut after this crisis bitcoin will pump up again and will far beyond more than in our expectation.

[StockBet.com]

Don't you wish you bought more Bitcoin at the time of this OP?

Not everyone understands that falling is a great opportunity to buy more coins. Some newcomers panic and lose money. Now we again see an excellent growth and I hope that this is serious.

Most people cannot handle the volatility of the stock market index.

Bitcoin is more volatile than a small cap stock.

[Red Fire]

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?

I am going to be still holding my bitcoins because I know that bitcoin's peice is fluctuating and it is commonly mistake of people that they when its price drop a big amount they will do panic selling that they will regret afterwards.

[LevshaK1]

When bitcoin falls - this is the best time to buy coins at a cheap price. Only beginners can panic, and experienced users already know that this is a temporary phenomenon.

[StockBet.com]

When bitcoin falls - this is the best time to buy coins at a cheap price. Only beginners can panic, and experienced users already know that this is a temporary phenomenon.

If you cannot emotionally handle volatility, you will lose money.