Bitcoin is Falling...Is it Panic Time?

[NS-Soul]

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

Yes, but your cue word is as you believe in btc by which not all people who have bitcoins truly believe in bitcoins and know it deeply more than they panic sell.

[1713868580]

1713868580

[nelsledma]

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.

Yes not only me but a lot of the people are aware of the high price of the digital and the new technologies all the value for the bitcoin is increasing and the income through the bitcoin is getting high, I like to use the bitcoin and to be the bitcoin user because I hold the bitcoin and try to hold the bitcoin for the long time so it is not the good time to sell the bitcoin and the panic selling will give you the loss.

[xhienigat]

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

If someone invested in bitcoin it means they believe and trust bitcoin to give them profit that is why I don't see the point why everyone is panic selling after seeing bitcoin crash instead of selling if they should be happy because they have the opportunity to buy more bitcoin not unless they are just short trading bitcoin.

[syamster]

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 ).

Well I think there is no need to make panic it’s a part of market exchange some time the price will go high and some time it will down so there is no need to be worry and I think bitcoin price is not that much down that can we make panic bitcoin is the only strong currency which can change his price in week from bottom to top.

[usekevin]

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 ).

Well I think there is no need to make panic it’s a part of market exchange some time the price will go high and some time it will down so there is no need to be worry and I think bitcoin price is not that much down that can we make panic bitcoin is the only strong currency which can change his price in week from bottom to top.

I think the thread creator got the answer for this thread.Now the value of bitcoin is around 5964$.I think it's not a low value at all.It's around 2000$ greater than a month value of 4000$.If you have a doubt means,you can check with the Suffering.So you no need to panic when the price get reducing.

[Mrsmants]

According to what I have noticed and learned about Bitcoins, the a lot more it falls the a lot more it tends to get better.In lieu of panicking throughout the time of a dump or whatever you get in touch with it "a bubble burst", I feel marketing is not an option but closing your windows/tabs and quit viewing is the very best factor that I always prefer to do since panic will constantly make you just take the wrong determination and you will regret in the foreseeable future. It really is great to wait than going incorrect due to hastiness.

[Bitcoinjheta]

According to what I have noticed and learned about Bitcoins, the a lot more it falls the a lot more it tends to get better.In lieu of panicking throughout the time of a dump or whatever you get in touch with it "a bubble burst", I feel marketing is not an option but closing your windows/tabs and quit viewing is the very best factor that I always prefer to do since panic will constantly make you just take the wrong determination and you will regret in the foreseeable future. It really is great to wait than going incorrect due to hastiness.

I think you never make panic when the bitcoin is falling because it is part of market exchange that the price are volatile. The best thing that you can when the prices are falling is you should hold for the mean time. While waiting for the right time to increase the exchange value of bitcoin.

[btcprospecter]

Never panic with bitcoin unless it seriously drops I hope the op didn't sell expecially where the price is now. Hold and wait till you will be happy to walk away with an amount that you won't regret selling for.

[Vaculin]

According to what I have noticed and learned about Bitcoins, the a lot more it falls the a lot more it tends to get better.In lieu of panicking throughout the time of a dump or whatever you get in touch with it "a bubble burst", I feel marketing is not an option but closing your windows/tabs and quit viewing is the very best factor that I always prefer to do since panic will constantly make you just take the wrong determination and you will regret in the foreseeable future. It really is great to wait than going incorrect due to hastiness.

I think you never make panic when the bitcoin is falling because it is part of market exchange that the price are volatile. The best thing that you can when the prices are falling is you should hold for the mean time. While waiting for the right time to increase the exchange value of bitcoin.

It's the best time to buy bitcoin at its low price and hold it for quite some time.No need to panic because every now and then bitcoin price is moving and as what i observed,after price drop off,it will again continue to rise until it will touch the height.So just relax and keep calm.Everything will be in good place right after drop-off.

[ruslanv]

Now there is no reason for panic simply because bitcoin is commencing to develop rapidly, but there are even now attainable cost reductions. This is his attribute of the growth and growth of costs.

[CoolSkeleton]

if bitcoin falling it is good time to buy it. it fall down many times and then it rise even higher then was)

[dmbragin]

Bitcoin is the best out there and if it would drop (but i doubt it would), other cryptos would comply with and it will sign the stop of cryptocurrency. And If you could see the development, although fluctuating, the trend is nevertheless up so no need to have to stress and get rid of prospective funds in vain.

[Black Angel]

Remember that bitcoin prices will always fluctuate, this is because bitcoin is decentralized and used by many users, sometimes they buy and sometimes they sell so when that sells more then the price will go down, I suggest not to panic because the price will soon improve.

[Kurokonobasuke]

Whenever the market value is falling, we should not panic and we should hold into our Bitcoin more. Also if possible, it is better to buy more Bitcoin and invest to it when its price is low because surely, it will eventually increase and this have been proven many times. Again, the best thing to do is to hold and invest.

[Finestream]

Whenever the market value is falling, we should not panic and we should hold into our Bitcoin more. Also if possible, it is better to buy more Bitcoin and invest to it when its price is low because surely, it will eventually increase and this have been proven many times. Again, the best thing to do is to hold and invest.

Absolutely, we should be smart enough to take advantage on the actions of the weak hands, when we buy at the price dump we can easily dispose it with a profit. We have investment for long term and short term so we can make profit anytime, long term is very risky as we do not see what the future would bring but this short term trade gives us an opportunity to buy at dip and sell when the price is at peak, like in the situation now.

[casetteplaya]

I propose that panic will be. But now we don't have any reason about that. To the end of 2017. In the future It may be linked with economic cycles and of course with the baning of mining of bitcoin in China.

[Raefven]

I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.

[tirthraj]

I don't think it is panic time yet because i think that it will reach 10k and then slowly go down in value but i don't think that bitcoin will go back to like 100 dollars i think it will stay around 5k and maybe even rise higher if bitcoin will become popular.

Absolutely right. now the price of 1 Bitcoin is 7310 $.  It comes Up From 2800$ to 7300$   in a week i think it got 2000$ hike. Now i think it will touch 10k .because  out of 2.1 million only 0.4 million  bitcoin is remaining rest is in the market .
so nice time don't be panic Bro . but its upto them whoever doing  trading.
Have a great day ahead.

[megynacuna]

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

Yes, but your cue word is as you believe in btc by which not all people who have bitcoins truly believe in bitcoins and know it deeply more than they panic sell.

I thought panic selling is a thing of the past but it seem there are some people who doesn't just listen and will do anything they feel despite being cautioned. Bitcoin has always recovered o matter the tumble and so need we have to tell you to hold and  don't panic and sell in such a circumstance?

[FairChine]

Bitcoin slipping its worth doesn't mean you need to panic or transfer to other coins. You can look at the wedding as an opportunity to buy bitcoins