Bitcoin is Falling...Is it Panic Time?

[4U]

If the bitcoin falls or the price falls then do not worry because with these conditions we can see opportunities to invest or mine bitcoin. Why is that? Because when the bitcoin price begins to fall we can buy bitcoin and can sell it back when the bitcoin price starts to rise. so the situation can be a good opportunity to earn a lot of money but if the price of butcoin is still down then it will be a risk for its users and could have caused losses.

Well panic is one of the dangerous thing and I think bitcoin is not accepting panic and that panic put you in trouble because if you will panic in selling so you can lose and it happen with me two months before on that day I did not check the price of bitcoin and I lose my money so always play here carefully because if you come to know that bitcoin price is drop so there also next day as well and bitcoin change its price from low to high very fast.

[The Monkey King]

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 its nit, actually bitcoin keeps on rising. Actually the value of it is almost one million. Therefore thae bitcoin is not falling. It keeps on rising because there is a lot of people are depebding now in bitcoin.

[nightxglow]

I'm still gonna holding it, although no doubt that i kinda feel worried too.
The price is surely increasing, i know that. But...until when?
It's impossible for bitcoin to increase forever. There might be the time when it reaches its max and after that, i'll go down, crash or even may end.
Though i really hope it won't happen, but i'll surely watch over for that time. But i think that time is not now, so don't act reckless and sell all your bitcoin.

[DesmondHayes]

That is a just current status of the Bitcoin value. Bitcoin has taken a steady stance right now and it will rest for a couple of days, maybe even fall a little. A demand of this crypto is very high in last 2 months and the implementation of Bitcoin in many popular sites is driving investors towards it. A market is a mess right now and the corrections and stabilizations are not yet happening. Bitcoin fluctuates a lot and I believe it will start to rise again after Christmas. Noone is backing away cause they know this kind of things had happened before. This current value is unexpected and no one expected so much value out of the simple crypto. Don't back up and stay consistent cause buyers are the ones that are pushing the Bitcoin growth.

[cr_liev]

If bitcoin is an investment for you, you should invest the amount you are ready to say good bye to with no regret. This is the common rule for investing in crypto. AND YES, I agree that one day the price will stop to rise. Then many people will panic sell it and the price will go down more and more... you see, the panic on the market is a dangerous thing

[Lukas Tarantas]

I bought bitcoin the day before yesterday, when it cost 19k. Success, right?
Today, looking at its fall, I'm not going to panic and sell. I am sure that before the next fork, the rate will rise again.

[Muzika]

This is not panic time for me , instead buy bitcoin because at the end of the day bitcoin will rise up and you will earn even a little , everytime bitcoin drop its price its not the time panic and sell but that is the time to panic and buy bitcoin . I already experienced panic and sell and at the end I regret what Ive done.

[camito]

Bitcoin keeps raising and falling, it is not the first time bitcoin falls, and it doesn't mean that if the price of bitcoin drops, you already need to sell or transfer to other crypto, what you need to do is to be patient enough to wait until bitcoin regain its price or even better. If you want to sell your bitcoin, you can sell small portion of it but not all, you may still want to hold other bitcoins for you to earn more if ever bitcoin regain its price.

[eleonor]

If the bitcoin falls or the price falls then do not worry because with these conditions we can see opportunities to invest or mine bitcoin. Why is that? Because when the bitcoin price begins to fall we can buy bitcoin and can sell it back when the bitcoin price starts to rise. so the situation can be a good opportunity to earn a lot of money but if the price of butcoin is still down then it will be a risk for its users and could have caused losses.

Well panic is one of the dangerous thing and I think bitcoin is not accepting panic and that panic put you in trouble because if you will panic in selling so you can lose and it happen with me two months before on that day I did not check the price of bitcoin and I lose my money so always play here carefully because if you come to know that bitcoin price is drop so there also next day as well and bitcoin change its price from low to high very fast.

And I believe that this panic is what legendary traders are waiting so they can take the advantage of dump to buy more bitcoins and hodl until next recovery.

[chickenfried12]

The current depreciation is obviously not good for Bitcoin. It is time to regress again. Another round of bailout is long. Transfer times and transfer commission rates can frankly make people very challenging and thought-provoking. And after this result panic time will be come day by day

[Naoko]

This is not panic time for me , instead buy bitcoin because at the end of the day bitcoin will rise up and you will earn even a little , everytime bitcoin drop its price its not the time panic and sell but that is the time to panic and buy bitcoin . I already experienced panic and sell and at the end I regret what Ive done.

of course this is not the time for panic to sell... his time is for panic to buy if there is such opportunity)...we all made mistakes and it's good that we learn from them

[Krishan_94]

Yeah bitcoin is showing a falling wedge these days.. We should expect a further fall in btc. But its not the time to panic. Its just the right time to increase mount of btc you have. Now its time to buy some very good alt coins> Coins like eth and bitcoin cash would rise in next months. so you better  buy some eth today itself. Eth is after its 6 months falling wedge and just started rising again.. Soon it will be on moon. You better buy alt coins like eth and wait till btc done falling. Then convert them to btc and earn more btc than current btc amount. Then wait till btc reach up.. This is the best time for that.. Its not the time to panic, Its just right time to make more btc..

[obinine]

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise

Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.

[Zooplus]

I think we still have a lot of year ahead of us before seeing it fall, until it has a replacement, it will continue its meteoric rise

Some people are fear from falling of bitcoin price but I want to explain them when the price of bitcoin is falling then you need to start buying bitcoins because if you can buy bitcoin at that time and then hold them for a time when the rate of bitcoin is increased from the rate at which you bought then you can sale your bitcoin.

They panic because they lack knowledge, this FUD are everywhere and it will affect those people who are weak.
Let them dump and we shall buy cheap bitcoins, besides this will be for our benefits as we are given a chance to make money in a short term.

[cryptokitty]

No, it is not a panic time but an indication that you must be ready for any investment that you need to make when bitcoin price are down to the lowest level. The lower price of btc, the best time to invest so that when the price rise you can surely earn by that.

[Hxyro]

there's no way it will fall to that price again xD  even $10k dollar is impossible. because once the btc drops a huge price there would be a panic selling. why?? because btc has a great potencial xD  They will buy it hoping to gain big profits.

[Osarman]

Oviously not. It's time to hold your bitcoin.And also its time to buy bitcoin.If bitcoin is falling, one day also it will rise. So why should panic? We should buy more and more bitcoin.Its a great chance to stock more BTC.

Agreeing to the first part that after investing in bitcoin, one must not panic because of the fluctuations in the market. Moreover, I would like to add that if bitcoin is down, you can start trading by taking advantage of small fluctuations in the market, but for that you have to remain totally “IN” in the market. Once the demand gets high, just hold the bitcoins and you will surely make a lot of profit. Recent example is last 24 hours.

[ducnh1022]

Yes, people is panic now, but not me

[Direwolve735]

I don't think that it's time to panic. We have already survived sharply falls of Bitcoin. And it would grow again every time. Of course, all of us are nervous about current price. But I won't change my Bitcoin savings to other digital currencies, because I believe in Bitcoin. Everyone knows, that crypto currencies are unstable, but we still support than, cause they are worth it. So, let's calm down and wait until Bitcoin's price rise again.

[Silber]