Bitcoin is Falling...Is it Panic Time?

[Rojectime]

According to what I've observed and uncovered about Bitcoins, the more it falls the far more it tends to recover.In lieu of panicking for the duration of the time of a dump or whatever you contact it "a bubble burst", I feel marketing is not an selection but closing your home windows/tabs and end viewing is the best point that I constantly choose to do since panic will constantly make you consider the mistaken choice and you will regret in the potential. It really is good to wait around than heading mistaken because of to hastiness.

[Kakawate]

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 believe this drop of bitcoin is a chance for every investor to buy more bitcoin in a lower price, if not, then I'm just gonna hold on to my bitcoins. I'm sure that its gonna go up again and will make up what its lost. So I'm not worried that bitcoin will continue to go on a down trend.

[thugpi]

I believe No, and we should grab the chance to buy bitcoin while it is down because later it will pump again at its high value. Let's not panic its an opportunity.

[Golftech]

I believe No, and we should grab the chance to buy bitcoin while it is down because later it will pump again at its high value. Let's not panic its an opportunity.

if most people look at it like this many will gain profits and most of the people will understand that downfall / corrections are the opportunity to grab
the chance to earn more, bitcoin fluctuation should be consider as a game changer inside this business timing and flexibility should be studied well
so we know how to react properly.

[xandrie]

we do not have to be confused with the decrease of bitcoin. Since each drop has an increase we need to do is wait for an increase in the time the bitcoin price falls on the market.

[Bellator]

Bitcoin falling is buying time. That is much better and true. Panic time is for the newbies, for the beginners, for the emotional, for the weak hands. It will not do us any good if we are too afraid to buy during red season. Blood dripping from bitcoin is life for the investors and bitcoin supporters because we all know that bitcoin will recover.

It is normal in every currency to fall down and up same on the cryptocurrency like bitcoin, so there is no need to worry or to panic if the bitcoin value is falling down because it will rise up again because the effect of if you will be panic maybe you will trade it in a lowest value and you will regret soon as the bitcoin recover.

[Bodywowoya]

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?

If bitcoin falls, then all the Crypto-currency will fall, so if it really is, then we need to sell everything urgently, otherwise we will remain bankrupt. It will happen, but when it is unknown, while the game continues.

[jpoker272727]

If bitcoin fall down there is no need to panic. Because it is the characteristic of bitcoin or any currency.  It will fall down and then goes up again the next day or week.

It is a great time to buy more bitcoin instead of being panic when we see the price of bitcoin falls down. We know that bitcoin is supporting the world in many ways and with the technology of blockchain, we will have the better place to live

There is no point of getting panicked with the world best investment and digital currency. Bitcoin is the legendary digital currency and all other digital coins are somehow bound to follow the footsteps of the bitcoin. Whenever bitcoin is having dump, it is the best time for grabbing as many new bitcoins as you can afford since bitcoin pump damn hard after a dump.

Getting panic can give you nothing but a lot of suffering which can result in huge amount of loss. Ups and downs are the part of every business. So you need to prepare yourself so that you can decide well at such kind of time. You need to remain patient and control your nerves. Only then you can save your money from being drowned.

That is true but I think bitcoin is not falling at the moment so we must actually be happy by watching the daily progress and there is no great downfall prediction in this month so far. I also believe that bitcoin is going to rise up till the end of this year.

There can be a variation of few dollars but it should not cause panic. Instead of getting afraid, we must buy more coins in the dip.

[zypa]

Btc is a pioneer in this field, so glad to be a part of it. Hopefully we can all gain something along this trip, hopefully upwards. Imagine who bought at 2500 euro last month !!

[hari9981]

you should not panic larena hsrga bitcoin fall. it's just speculation. bitcoon prices are affected by bitcoin demand. so if the demand is large then bitcoin price will be great. I think bitcoin will be more popular .. many people who use this coin for the benefit of the transaction. thus allowing bitcoin as an alternative payment. many companies now accept bitcoin. restaurant or online store .. this is what will make bitcoin prices go up. so you do not have to worry about the price of the downed bitcoin. it's only temporary

[darkphoenix2610]

theres nothing to be panic if you are always panicking you can't think wisely and then all your effort gonna be loss, the higher the demand the number of value would increase, it's time for us to buy much bitcoin and store it, the more the bitcoin decrease the more they find a way to survive it, it is just every year it is the chance for you to buy the bitcoin well.

[Visbay]

Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.

Bitcoin is falling, it is panic time? I think you should stay calm. Anything is under control. Why? Bitcoin can recover fast. But, in what way? Bitcoin industry have a lots of investor so Bitcoin can make a way to strength up their currency from falling the price. Bitcoin can make alternative way to avoid decreasesing by selling products to investor. You must stay calm and do not believe to the panic time of Bitcoin.

Yes I agree with you no need to disappoint and part of market some time it will be high some time it will be low but bitcoin has a good quality that it recover fast and it is also not a first time that the price come low and happen so many time before but then its recover fast so thing time again we need to wait for right time and it will be increase.

[v0rtecxz]

For those who are unfamiliar with it may feel panic, but different if you have long transacted, you will think the decline is a regular occurrence, as well before you want to buy and sell, and see the state of the market or see charts to ensure the price and how much its value , whether there is a decrease or increase, and if it is purchased when the price rises, but the price goes down, you should hold it, and wait until the price goes up and then you sell when the price goes back up

[ritsel02]

No it's not. Falling of bitcoin's price means buying more of it. Bitcoins' volatility is just normal and through this, traders earn and gain more profits. If you're holding plenty of bicoins on its dump season, it's better to relax and just hold on with your bitcoin until it pumps again.

[Gozie51]

Indeed, what 95% of people don't understand is that drops on price is the opportunity knowledgeable investors await. Most people start panicking and sell without thinking and researching and using their common sense. This happens in all areas of investment as it's very deep into human psychology.

Exactly the right thought to business. The fall in price is the right time to lunch in and this is precisely what has happened with bitcoin and even in forex trade. What one needs to do in the fall of price is to try and understand why the price is falling, whether it is expected to be temporary or permanently dipping, then you take a decision.

For instance now, talking about bitcoin, it has been said that one cause for its bullish is the fact that a coin is about to be introduced, adoption news from different countries etc. Research helps rather than just seating down and expect a miracle to happen just like that.

[nl247]

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?

For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.

We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.

[beezare]

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?

most people in this situation may be panic especially for beginners but panic will not bring profits but will get a loss, better to hold  until the price goes back up

[mrfreezeh]

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?

For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.

We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.

If you want to compare the technology of Bitcoin to other cryptocurrencies, I do not think Bitcoin will be winner. Because Bitcoin is old crypto, of course it needs to many accept and discuss before change its system, as hardfolk recently. While that, other cryptocurrencies as Ripple, Dash, Monero or Ethereum can pass Bitcoin anytime about technology.

[zeaderza]

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?

panic? it is a very fatal mistake for bitcoin players, it should be and the most appropriate when bitcoin is crushed down is buy it at the bottom point of resistance because the bitcoin is not likely to go down but more to always increase, everyone in the world is very fond of bitcoin, they will buy bitcoin as much as possible if the price falls.

Yes its true it’s a part of game if you can take advantage for his right time then you must also be a part of his bad time also so no need to make panic because it will never help  you just need to be relax and wait for his high price.

Yes I am sure all the investors who have bitcoin in their wallets will hold their bitcoin due to low price and will wait for the future. I feel panic should not be taken seriously because I am sure that after a few weeks the price will start a new journey towards the sky and that will be the happiest time for all the investors and the members of this forum who also earn their reward in bitcoin.

[palle11]

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?

For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.

We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.

I'm thinking it is not time for panic now, the panic should come when the new coin is released but for now, I guess we will not witness a huge dip in price from what it is trading on now.