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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 33269 times)
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November 10, 2017, 07:30:03 AM
 #1001

Bitcoin is falling and i think that it is panic time for some people so you should cash out if you recently brought bitcoins.
If you buyed bitcoins a long time ago then i should keep them because the value might go to 10k.
no i don,t think so because when this post was made Bitcoin was falling before but then it went to $4,300 now it is falling again but I think it will rise back up to over $5,000 before crashing as everyone wants to see it get to $5,000 therefore chances are it will happen soon.

I'm sorry, which $ are you reffering to?
According to my computer even preev.com shows $7,190 for a bitcoin.

And that's the lesson. OP started a few months ago wondering if bitcoin will ever reach $2800, you are talking about $5000 and it's still over $7000. And no, I don't think it will end there, it will go up again and again, but with sometimes a fallback.
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November 10, 2017, 08:39:49 PM
 #1002

If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.

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November 10, 2017, 09:05:57 PM
 #1003

If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.


Very correctly written. Now, indeed, many have forgotten that Bitcoin is a currency. For many, it is more an investment in the future. But speaking the truth I myself want to sell bitcoin for 15 000 and maybe more. Smiley  Cheesy Cheesy

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November 10, 2017, 09:18:39 PM
 #1004

I skipped these posts. The mongs are in complete force, it's part and parcel of trading. Only an insane person would expect a perpetual upwards trajectory.

This whole thread is evidence of that, the original post was back in June, if they had panicked and sold their bitcoin then, they would surely now be really regretting it with the price rises that have occurred in the last months. This just shows that the answer is never to panic, ride out the storm and profit.

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November 10, 2017, 09:29:10 PM
 #1005

If the price of Bitcoin is falling, you should not panic, you should watch your next step, if you are new to investment and do not know what to do, you will surely sell your Bitcoin and will say that there is no future for Bitcoin, that is if you wait that easy, however if you are a real investor, you know that it is time to buy bitcoins during a dip, since you'll get it at a small amount, and in time your investment will grow. If you do panic selling during a dip, better go back to the basics, and study investment all over again, as long as Bitcoin is there and a lot of people are investing in Bitcoin, you will see growth, and do not just look at Bitcoin as an investment, Bitcoin is also currency, and just like any other currency they have buying power, and Bitcoin as of now has the biggest buying power among all currencies be it Fiat or digital, so there's no reason why just a slight deep you'll panic.
Almost more than $1300 dropped in previous few days, but still we cannot consider it as panic selling, because this is not such a big drop for bitcoin and bitcoin has the potential to recover such drop in few hours, I think it is the correction that is what we were expecting. We are hopeful that very soon the price of bitcoin will recover its position, because bitcoin still have to continue increasing and we are expecting the price to cross 8000$ in next few months. Therefore the investors are still too much confident to hold their bitcoin for next few months.


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November 10, 2017, 11:47:14 PM
 #1006

No it is not falling if you watch the price everyday you have noticed that it goes up and down up and down this has been happening for a couple of days i think because of the fork coming up it will go very high or very low.
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November 11, 2017, 12:09:14 AM
 #1007

This is a joke. Why? Is there such a perfect time to go panicking? Panic is a reaction that will not do any good in any kind of situation. It will only block your mind from working. That is why here in crypto world, losses and draining of investments happen because some people are weak and go emotional as soon as there is some serious dips in prices. Bitcoin falling is a time for reason to work and not for emotions.


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November 11, 2017, 12:20:01 AM
 #1008

This is a joke. Why? Is there such a perfect time to go panicking? Panic is a reaction that will not do any good in any kind of situation. It will only block your mind from working. That is why here in crypto world, losses and draining of investments happen because some people are weak and go emotional as soon as there is some serious dips in prices. Bitcoin falling is a time for reason to work and not for emotions.
Emotions are always in the trade and this is not a joke,panic sell is always there in everybody but not in the rich.Do not ask why everything must have known rich people obviously a lot of money,but did not rule out they also sometimes panic sell.Happens and this is not a joke,it's better not to panic because the emotion must be set dude Wink.

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November 11, 2017, 12:33:41 AM
 #1009

This is a joke. Why? Is there such a perfect time to go panicking? Panic is a reaction that will not do any good in any kind of situation. It will only block your mind from working. That is why here in crypto world, losses and draining of investments happen because some people are weak and go emotional as soon as there is some serious dips in prices. Bitcoin falling is a time for reason to work and not for emotions.
Emotions are always in the trade and this is not a joke,panic sell is always there in everybody but not in the rich.Do not ask why everything must have known rich people obviously a lot of money,but did not rule out they also sometimes panic sell.Happens and this is not a joke,it's better not to panic because the emotion must be set dude Wink.
We should always try to control our emotions. If you are seeing the market of bitcoin is falling down and you can't resist to sell but you still want to hold it then take a break and go on for a vacation because that will help your mind to separate from thinking of selling bitcoin to relaxing and focusing on other stuffs. It is better if you will just buy at the dips and hold for long term because bitcoin in the next year could possibly reach $13,000.

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November 11, 2017, 12:40:34 AM
 #1010

op post in june, when bitcoin price between 2,3k usd.. and its before first hardfork. mostly bitcoin investor not affected with that situation. but yes in small comunity, they just want bitcoin profit, so they sell when bitcoin starting down. and for holder, now they enjoy the profit. same condition with  other crypto.

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November 11, 2017, 02:43:49 AM
 #1011

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?
Surprisingly, after five months, the current price of Bitcoin is $ 6800, decrease  $ 600 after two days. This can be seen not to worry. This is just a price adjustment. Decrease to increase.

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November 11, 2017, 02:46:39 AM
 #1012

We all know how Bitcoin works price falls then go up again but this case if ever Bitcoin will keep n going down i still not going to sell my saved Bitcoins because i believe with the potential of Bitcoin.
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November 11, 2017, 02:58:36 AM
 #1013

losses are just a waste of opportunity because the coins they will sell at lower prices. more price declines to buy coins but bitcoin prices will retain it again and keep on increasing. Now they have to buy at a much higher price than they do on the coins they sell when the price goes down to take advantage of the extraordinary rise.

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November 11, 2017, 06:17:00 AM
 #1014

We all know how Bitcoin works price falls then go up again but this case if ever Bitcoin will keep n going down i still not going to sell my saved Bitcoins because i believe with the potential of Bitcoin.



It's a cycle of pumping and dumping and everyone knows about it. I am not surprise if the price still decrease tomorrow. It just decrease for the mean time and nothing to worry about nor panic. Some people do panic selling if bitcoin keep on decreasing, and just like you, I'm not gonna sell my bitcoin. This is the right time to hold your coins and buy more bitcoins.

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November 11, 2017, 12:54:16 PM
 #1015

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.
If we look at the current market price of bitcoin, then we’ll get to know this thing that bitcoin is at its peak value and that its market price is not falling at all. Even if there comes a time when the, market price of bitcoin falls down, there is no point of getting panic. This will only result in huge amount of loss. So you actually need to cash those moments by buying more number of bitcoins.

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DonFacundo
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November 11, 2017, 01:07:14 PM
 #1016

this day bitcoin price is huge dump, as of now the price of bitcoin is $6,400, well this is normal for bitcoin maybe some newbies investors are panic selling, it will go up again just keep holding guys.

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November 11, 2017, 01:28:18 PM
 #1017

this day bitcoin price is huge dump, as of now the price of bitcoin is $6,400, well this is normal for bitcoin maybe some newbies investors are panic selling, it will go up again just keep holding guys.

Definitely, I will not do the same mistake again.  I panicked when bitcoin price goes down before.  And as a resupt i panicked sell.  I regret it because just right after several hours, its price goes up.  I promised now that I will not do the same mistake again.  I will just keep and hold my bitcoin no matter what.  Besides the profit I get is still higher than the capital I invest.

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November 11, 2017, 02:44:32 PM
 #1018

Right now the bitcoin value is again going down, but my friend already forecast that this will happen but he told me not to be threaten about it because bitcoin will again increase its value, it just how the market trend flows for bitcoin. I have bo idea how he forecast it right but I guess being an experienced bitcoin investor, he already seen like thisone before.

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November 11, 2017, 02:55:07 PM
 #1019

Right now the bitcoin value is again going down, but my friend already forecast that this will happen but he told me not to be threaten about it because bitcoin will again increase its value, it just how the market trend flows for bitcoin. I have bo idea how he forecast it right but I guess being an experienced bitcoin investor, he already seen like thisone before.
I don't panic at all, we should anticipate this kind of situation, we all know this might happen now or tomorrow so we must always ready ourselves and as of the moment yes the value is really going down and that is a normal, and if you are a positive thinker you could see this dump as an opportunity for you to invest because every moment price will go up again.

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November 11, 2017, 03:47:31 PM
 #1020

Yes today bitcoin goes down, but I don't panic just a normal maybe it down now because the fork was cancelled. Maybe this following days its rising up again back to the high value. Think positive and no worries about bitcoin price now.
Just chillax and take it easy.

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