Bitcoin is Falling...Is it Panic Time?

[KuromaYoichi]

There's always a dip after testing resistance and the price can't keep increasing as there's some that want to cash out their profit. It's a normal condition and people shouldn't panic when the price decrease, it will test the resistance again and sometimes it will break it.

[1714752266]

1714752266

[burong1]

Why should I panic ?first and foremost there is time that it's so expensive but also there is time that the price is too low but we should wait until it gets high ..

[jostorres]

The nature of BTC is erratic and volatile, panicking over the falling value of BTC will get you nowhere, but think of it as the opportunity to invest more in BTC for it will surely pump up in no time.

If someone is trying to get rid of gambling, he must first understand the destruction it can bring if continued.

Write down all the side effects of gambling on a piece of paper and read it time to time so that the brain will start working on it. Read some Google articles related to the gamblers who got ruined due to this game and ask the closest person for help.

[imstillthebest]

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 think its normal for bitcoin to drop and theres noting to worry or panic about because its always happening not on bitcoin but also on all the coins and i think thats how cryptocurency works. also i suggest dont panic or sell your coins when the values are dropping rather wait and hold on for sometime becuase sooner or later their value will always come back and will pump next time.

[Francer]

I am not in stress when bitcoin price falling becaue i received experince when i offer my bitcoin when bitcoin cost falling ,  i couldnt buy bitcoin from better price so it is my bad luck, because of i decided i will by no means offer my bitcoins and i will feel everythime to long term of bitcoin.

[rushel22]

I will not panic if bitcoin price is falling because I am positive that its price will rise again. Nowadays, its very good to know that the bitcoin price is constantly rising.

[Cherylstar86]

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 think its normal for bitcoin to drop and theres noting to worry or panic about because its always happening not on bitcoin but also on all the coins and i think thats how cryptocurency works. also i suggest dont panic or sell your coins when the values are dropping rather wait and hold on for sometime becuase sooner or later their value will always come back and will pump next time.

I don't understand why others keep bashing bitcoin or spreading fake news about it. Why aren't they happy of bitcoin's success? Bitcoin is just trying to help us,our society. It's not hurting us,it just gives us the chance to change the way we see our future and how to prepare our life when the right time comes. In this issue of falling status of bitcoin,I'm not sure of it but I'm sure that I won't panic because I don't do any harm so I will keep myself calm.

[miltonpogi]

In my own point of view, As I see bitcoin price is liked a wave that in goes down un up, before the wave, bitcoin price will increase and it is the very best time to sell your bitcoins, but after the wave the price of bitcoin will decrease bunch of money and most people was confuse in this part of the cycle because they feel that their money will decrease, but the best part to know if this happen, it will be the best opportunity to buy bitcoins because after several weeks bitcoin price will slowly increasing and you will noticed that your investment will slowly gathering money.

[fullhdpixel]

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.

The importance of the bitcoin is better than the other currencies and the value will be high so wait till the price of the bitcoin will stop growing and it will not give you the return exchange then it will be the best time to sell your bitcoin, I think every person has the different mentality and they will be able to hold the bitcoin for the long time. It is not good to sell your bitcoin at the low price so wait and see the high price.

Bitcoin is even worth holding when the races are falling because it is man obvious from the market trends of bitcoin that after every fall, bitcoin increase in value tremendously. I am pretty sure that by the end of this year, bitcoin is going to touch sky by reaching 6000 dollars. There is no need to panic with bitcoin if it is decreasing in value because all this is a matter of seconds.

[Osarman]

It is looking good so far, the rise in price last week has carried over into the new week. Good days, even if it falls by 20%, to sell at $4000+ its been a fantastic run.

I don’t find any suitable reason and that too at present time to see any kind of depreciation in the market value of bitcoin. In fact, it is the peak time going for bitcoin as the market price of bitcoin has reached up to 6000$. In case there comes a situation that prices start falling down, even then there is no need of getting panic. Just control your nerves and hold your bitcoins.

[joshua10]

it's best to keep our wallet up to our bitcoins because the next year the price will be higher so we do not worry about bitcoin if it's low now that you expect tomorrow or next time it's going to increase so we're not alm when it's better to hold our bitcoin mona and wait for that increase that's the only way there ....

[Sled]

it's best to keep our wallet up to our bitcoins because the next year the price will be higher so we do not worry about bitcoin if it's low now that you expect tomorrow or next time it's going to increase so we're not alm when it's better to hold our bitcoin mona and wait for that increase that's the only way there ....

That is what i always tell to my bitcoin friends when they are panicking for the dump or fall of bitcoin's price so i just tell them to keep holding on and wait for the bounce back of the market and if they have an extra money then they should buy bitcoin so they can lessen the losses that they have and they can still make good profits when the market bounces back.

[brobbel]

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?

This post is only a few months old.
Who was in panic lost quite some potential earning.

And I also think this is going to continue for quite some time.

[Creating N Action]

I assure the we will be panic if the value of bitcoin decrease because we expect that they will receive a high payment or money that came from bitcoin to sustain our family needs and to save more money for our future. If it happened that the value or price of the bitcoin decreases,  many people lost their interest in working in different campaign. There is a possibility to decrease the number of population who works in bitcoin.

[shezu007]

I assure the we will be panic if the value of bitcoin decrease because we expect that they will receive a high payment or money that came from bitcoin to sustain our family needs and to save more money for our future. If it happened that the value or price of the bitcoin decreases,  many people lost their interest in working in different campaign. There is a possibility to decrease the number of population who works in bitcoin.

No falling of bitcoin price is not panic but i think its time to be happy because thats the time of buying more and more bitcoins. the rate of bitcoin is varying in ever second and no one known that the rate will be more fall or going up but we can judge them from previous history of bitcoin that the result is going increasing and it will be more profitable for those people who have bought more bitcoin now and then sale when the rate is increase from the present rate.

[lordquanta]

I assure the we will be panic if the value of bitcoin decrease because we expect that they will receive a high payment or money that came from bitcoin to sustain our family needs and to save more money for our future. If it happened that the value or price of the bitcoin decreases,  many people lost their interest in working in different campaign. There is a possibility to decrease the number of population who works in bitcoin.

At this stage, people have realized that the Price of bitcoin is fluctuates a lot. Thus anyone who is living on income from the bitcoin only (considering amount of bitcoin is less) is living on edge. It is better to have main earning job or business and as side income bitcoin is functioning.  Fluctuation is part and parcel of the bitcoin life. There are many price corrections happens when bitcoin reaches to the new all time high. However after some time a new peak is in sight of bitcoin.
Thus there is no point in going for panic selling mode just because of price drop. In fact these drops are to be treated as low price buying opportunities. Someone said that best time to buy is when there is blood on the street ( price are dirt cheap ).

[HalfDeck]

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 think its normal for bitcoin to drop and theres noting to worry or panic about because its always happening not on bitcoin but also on all the coins and i think thats how cryptocurency works. also i suggest dont panic or sell your coins when the values are dropping rather wait and hold on for sometime becuase sooner or later their value will always come back and will pump next time.

I don't understand why others keep bashing bitcoin or spreading fake news about it. Why aren't they happy of bitcoin's success? Bitcoin is just trying to help us,our society. It's not hurting us,it just gives us the chance to change the way we see our future and how to prepare our life when the right time comes. In this issue of falling status of bitcoin,I'm not sure of it but I'm sure that I won't panic because I don't do any harm so I will keep myself calm.

Do you know this is a battlefield about economy and finance? So, we do not have the tolerance for anyone, if you panic, this is your fault, you can not blame anyone because you did not keep your calm.

[fireblond]

Thats the thing about bitcoin drops It has that snowball effect and everyone panic sells in fear.. which is clearly not the right thing to do IMO as long as you believe in btc then HODL

[Intersan]

it's best to keep our wallet up to our bitcoins because the next year the price will be higher so we do not worry about bitcoin if it's low now that you expect tomorrow or next time it's going to increase so we're not alm when it's better to hold our bitcoin mona and wait for that increase that's the only way there ....

If bitcoin is falling, im not to become panic anymore.  The best thing that i should going to do is to hold my bitcoin and i will waiting the time that the price of bitcoin will increase again and will back to normal. So don't worry if bitcoin is falling just relax and make ourselves comfortable. Based on my understanding by decreasing or falling of bitcoin is normal things that may happen, and if all things is under control, it will brings a big comeback from down. At last, always remember that don't panic when we are face a hard situations, and don't been a hurry to all of things so we should make it easy.

[Manchumichael]

it's best to keep our wallet up to our bitcoins because the next year the price will be higher so we do not worry about bitcoin if it's low now that you expect tomorrow or next time it's going to increase so we're not alm when it's better to hold our bitcoin mona and wait for that increase that's the only way there ....

If bitcoin is falling, im not to become panic anymore.  The best thing that i should going to do is to hold my bitcoin and i will waiting the time that the price of bitcoin will increase again and will back to normal. So don't worry if bitcoin is falling just relax and make ourselves comfortable. Based on my understanding by decreasing or falling of bitcoin is normal things that may happen, and if all things is under control, it will brings a big comeback from down. At last, always remember that don't panic when we are face a hard situations, and don't been a hurry to all of things so we should make it easy.

Becoming panic will always give us loss we will not make any profit. So don't do panic sell anytime if the price is falling just wait for some time the good time will come.