Bitcoin is Falling...Is it Panic Time?

[Hans17]

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 better to hold your coins if bitcoin is decreasing , because bitcoin is decentralized coin so it may increase or even decrease , don't panic by the way , and I suggest that if bitcoin is low try another coin there is a coin called the altcoin or alternative coins. 

But now a days bitcoin have been unstoppable , the price of bitcoin is almost 7893.91$ , but here in the philippines almost 400,000 pesos.

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[Alalex]

Not because many of them need money btc.mata btc money getting higher in the market. btc you have .. probably best saved well, because btc down never long, it will even increase later. we do not know the price rise / fall of btc prices suddenly but that's all you can see the price changes on the price of fiat currency table. Lots of info you can get from btc, so do not panic. Start multiplying your bitcoin. It takes your patience to explore the btc development process in the future.

[bapetdik]

If you feel bitcoin fall you should not panic and stay patient. because your chances of earning a profit must be there. So if that happens you just need to be patient a bit longer and hold your bitcoin. Do not rush to sell it. If the bitcoin falls you can buy it.

[Getcoinsite]

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?

always remember that bitcoin is bitcoin and we must always have faith on him.so theres no need to panic when the price drops because for the long time bitcoin is tried and tested that everytime he drops down he recovered more than the original price so better be aware of this for us not to feel the fright of lossing

[sheryl26]

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 do not you ever do panic because it will just ruined all of your mind set and then it will justvled into a bad decisions and even a panic selling if youu are really that mad. Everytime bitcoins falls just be happe became it just means that we can now buy a bunch of cheaper bitcoins for the next pump we are going to gained again money easily. That what people do they buy bitcoins whenever the price falls and then after a month the bitcoins will rise again and their money will also grow so dont be sad and panic just be happe and thankful.

[Rufsilf]

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?

always remember that bitcoin is bitcoin and we must always have faith on him.so theres no need to panic when the price drops because for the long time bitcoin is tried and tested that everytime he drops down he recovered more than the original price so better be aware of this for us not to feel the fright of lossing

We should remember that bitcoin is not that coin that if there is a dump then it will continue because the price of bitcoin might dump but it will recover soon because that is the pattern of bitcoin based on its history of the price for the past few years. Right now, the bitcoin has already achieved a huge demand in the market that will take care any possible dump in the market.

[CARrency]

No it is not panic time because even if it falls bitcoin will go up again that is what i like about bitcoin once it fell from 7.2k to 5k in a couple hours and the next day it was at 7.5k it has even grown more then it was before.

Yes,we must not panic but you are not giving any good reasons why we must not panic. I think the most popular reason why is people tend to take advantage the price of bitcoin.

Many people after it hits ATH every month, wants to have BTC and save them for the future, but the thing is they do not know when to buy it, so they wait for a good price to buy, and the good time is when it dumps.

[Honest Tim]

I don't think so that there is any time to get panic in any case of bitcoins. As bitcoins allow their users transaction free from fees and many more benefits.  While people's have made a habit of holding bitcoins. As the reason for falling of bitcoins is that the price of bitcoin is now below mining cost for a lot of mines.  Once you have mines close down, they tend to unload their stored bitcoin, which causes a chain reaction.  My sense is as of 1/19, that chain reaction is over and prices have stablized.

Personally, I think that the future of bitcoin is very bright.  However, that does *NOT* mean that the price of bitcoin will go up or down.  Bitcoin is a very useful medium for exchange, and I think that people should invest in companies that use bitcoin, but *NOT* in bitcoin itself. So there is nothing to be panicked.

[sclmte]

The price of Bitcoin always was fallen or risen, so you have to stay calm and not let the tricky situation treat you . Train yourself staying strong before these kind of situations.

That's right, Bitcoin will be raised and will sometimes decrease. Actually we do not really panic when bitcoin drops. And all we need to be calm and do not panic because when bitcoin drops it means it will increase and it can be higher than we expect. And no one will lose us when it bitcoin comes down. We just need to panic when ban on bitcoin around the world.

If the price of bitcoin is falling down then just go and buy a lot of it because that means that it is on sale and if you are a wise buyer then you will buy on sale to save some money. Falling prices of bitcoin are just temporary and it is better to just stick with good investment strategy and do not ever do panic selling because you will just regret it at the end of the day.

Your right. If bitcoin price is falling down there is no need to panic instead its our big chance to buy more bitcoin while its price is still low. This happening is good news to all traders. Every traders wait for this kind of event to happen. Its there best chance to buy and hold bitcoin until the price will back to normal.  As we all know bitcoin price is unstable. There is nothing to be afraid of, have faith in bitcoin instead. It will temporarily fall down and will recover again.

[ethlover128]

No it is not panic time because even if it falls bitcoin will go up again that is what i like about bitcoin once it fell from 7.2k to 5k in a couple hours and the next day it was at 7.5k it has even grown more then it was before.

Well there are no more low fees now. Haha. But it is still having more good features such as its free use form. I can have it as many as I want and whenever I want. I may keep it locked like forever and still can earn big interest rate on that as compare to my banks. I can send it to any part of the world, do the payments of employee without any resistance and huddles. These are the amazing feature of bitcoin and I thank to it for the easiness.

[superjeyy]

When Bitcoin is falling, I believe the first thing a person who owns, stores, or invests in this kind of currency should NOT do is to panic; but often times, most people ends up doing so because of losing more than what they deserve to gain. I do get that the volatile characteristic of Bitcoin can be quite frustrating at times and it can provoke a person to do something impulsive out of (maybe) fear, as well as to gain assurance that you would not experience any deficit at your part. However at circumstances like this, it is important to not panic and remember that all these events are temporary and sooner or later Bitcoin will be rising again. When Bitcoin is falling, one should not panic and be impulsive, instead just be patient and wait for time to do the work and fix the current status of Bitcoin.

[richmcrich]

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?

 Theres no need to panic all currency got fall but it will rise soon as posible. The prediction of bitcoin is so high so no need to worries... keep calm and bitcoin

In the world of crypto currency especially when we talk about bitcoin, it is quite a normal thing to experience the market price of bitcoin going up and down. The best thing you do at the time when the market price of bitcoin is falling down to keep your nerves under control. You actually need to cash that opportunity in a way that you should go for buying of more number of bitcoins at that time.

[Dr.Osh]

maybe right now, people are freaking out to buy bitcoins instead of selling them. the rising price is the real proof. well, bitcoin development is so fast, so I suppose even if the price goes down, there's still no panic going on.

[A Feeder]

It is not panic time as of today. Bitcoin has surpassed al of our expectations and it will continue to do so.

[Prettymie]

As of now bitcoin is not panic time because bitcoin are increase more population .we are now most billions as of now..we need to do is to be careful in currency so thar we can not accept the fake..

[skillink]

I personally will not exchange the Bitcoin I have. I will make Bitcoin an asset for the long term, although sometimes the price may go down but it will rise again.

[jpaul]

Dont be panic because the falling of bitcoin is normal so stay in bitcoin because it will rise and up again and now a days bitcoin is rising again and for me the prediction of others in bitcoin price is going to happen so stay in bitcoin and read any threads about it to know what is right to do and not and dont panic because it is normal.

[cherrymobile]

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?

the best part of bitcoins price is when it dump so dont panic because the value of bitcoin is not stable like other currency becuase bitcoin is volatile so it is natural to all even the value of bitcoins goes down just panic if all goverments banned this bitcoin.

[fuer44]

When bitcoin is falling, there is no need to panic. definitely its value will go back up, look at the current bitcoin price. rising and falling bitcoin prices has become a natural thing right?

[Opurum]

Bitcoin past the $10k milestone today. Nothing can ever stop Bitcoin.