Bitcoin is Falling...Is it Panic Time?

[cepedacharles29]

Right now the bitcoin is falling again, when all people panic to sell, i think its a best time to wait until the panic sell is calm and that time is good for me because in that time i can buy bitcoin when the price is in the down, and wait until the price is going up again and getting some profit from the price different.

[Bonsaiav]

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?

If the bitcoin price actually falls, Of course I will hold on to bitcoin, hold it and wait for the price to move toward to better. I think this is a basic trading strategies. This strategy should be really utilized  and done, at least in order to avoid losses and at least get a profit (even if only slightly).

Right now the bitcoin is falling again, when all people panic to sell, i think its a best time to wait until the panic sell is calm and that time is good for me because in that time i can buy bitcoin when the price is in the down, and wait until the price is going up again and getting some profit from the price different.

Yes this is very true, And that's what I'm doing right now.

[marroxas]

I believe it is normal for bitcoin value to fluctuate and to go deeper especially when fork is happening. I suggest that if ever bitcoin value falls, instead of selling, better hodl your bitcoin and buy some more. It is high time to acquire more bitcoin when value falls since you get to buy them at a low price  eventually, bitcoin value will soon rise; just give it some time.

[SpyX]

I'm confident for the bitcoin future. Yes, bitcoin dumps, but after such a run in the end of 2017, it's perfectly logic.

Hold your bitcoin or refill, in 2 months you'll win, I'm pretty sure of that.

[M.L]

No, don't be panic because bitcoin price was fluctuated so that it's natural to get fall and to get rise. It's better to hold bitcoin while the price is decreasing. Right now, the price of bitcoin will decreasing but I know it will increase again. It's better to buy coins from now and wait until the price get increase then sell it to get more profit.

[micloop]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

[android17]

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?

Maybe this is our first expression when Bitcoin price's dumps but looking to its characteristics, we will conclude that everything will be back to normal. Bitcoin is Volatile so dont panic sir, maybe you can use this opportunity to buy bitcoins because it will have a greater value in the future.
I think you had a good suggestion of transferring bitcoins into another currency but make sure that you will made your best decision regarding this scenario.

[Gheka]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Exactly, buy at low prices while people panic selling, that's a good plan to get profit in the next time, a wise person will take advantage of this situation to optimize profits, this opportunity is too great, should not be wasted. The price of bitcoin will increase again, there is no panic in that situation, it just makes us make fundamental mistakes, price decreases then increases more strongly and then decreases and continues to rise more strongly, that is just a script and a normal adjustment, if we put all our belief in bitcoin, we should not doubt it, trust and never worry, good things will come

[Feduk]

I heard such thing: people would sell Bitcoin only if it's cost is 200000$
So it is up to you to panic or not.

[MainIbem]

Bitcoin is an enigma. It gives opportunity to everyone. When price comes down it is an invitation to many to buy and make gain in the next price surge.

[bitcoinmasterlord]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Well said if the Bitcoin price is falling means it is a BUY time, not panic time. If you get panic and sell your coins, it is a loss for you but it is an advantage for others. They will get bitcoins for a low price. So whenever the price is falling just hold your coins and if you can try to buy some more coins. We will get very less opportunity to buy bitcoins at a low price.

[jonosutio]

no one panics about this falling bitcoin price movement, you have to learn from before its not yet when the bitcoin price falls then the new price of bitcoin will rise high after the price drop. price movements are always based on different factors even the value of paper money can soar when experiencing its lowest point. it is just a matter of learning from before and driving with its trend, do not be afraid to get the future of bitcoin together.

[ployfit]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Well said if the Bitcoin price is falling means it is a BUY time, not panic time. If you get panic and sell your coins, it is a loss for you but it is an advantage for others. They will get bitcoins for a low price. So whenever the price is falling just hold your coins and if you can try to buy some more coins. We will get very less opportunity to buy bitcoins at a low price.

Falling prices are to buy more bitcoin, but few people can do this because the rest sell their bitcoin as a result of this panic. This is very wrong, and I'm upset that whales are managing your emotions.

[erlnd]

What do you guys think of support lines and such in the range of 8-9k usd?

[Saidmod]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Well said if the Bitcoin price is falling means it is a BUY time, not panic time. If you get panic and sell your coins, it is a loss for you but it is an advantage for others. They will get bitcoins for a low price. So whenever the price is falling just hold your coins and if you can try to buy some more coins. We will get very less opportunity to buy bitcoins at a low price.

I understand that falling price makes us quite worried about our investment but investing or trading is to overcome those kinds of fear. In bitcoin, we have that guarantee that its value will continuously go well because of the rising demand for this. Therefore, in times that its price goes fall, then we shouldn't be in panic instead take this as an opportunity to but more coins for future earning.

[loalvin]

I'm confident for the bitcoin future. Yes, bitcoin dumps, but after such a run in the end of 2017, it's perfectly logic.

Hold your bitcoin or refill, in 2 months you'll win, I'm pretty sure of that.

That is my bet as well... Still got faith on BTC growing this year

[TTITA]

Panic time means BUY TIME to me. Every time that people says is panic time, BTC's price is almost on the floor. So, I can buy it at low price and wait until it recovers.

Well said if the Bitcoin price is falling means it is a BUY time, not panic time. If you get panic and sell your coins, it is a loss for you but it is an advantage for others. They will get bitcoins for a low price. So whenever the price is falling just hold your coins and if you can try to buy some more coins. We will get very less opportunity to buy bitcoins at a low price.

I understand that falling price makes us quite worried about our investment but investing or trading is to overcome those kinds of fear. In bitcoin, we have that guarantee that its value will continuously go well because of the rising demand for this. Therefore, in times that its price goes fall, then we shouldn't be in panic instead take this as an opportunity to but more coins for future earning.

But this is what happens in our ecosystem, panic selling has become part of the trend when coins prices begin to fall. This is not a sign that your investment is failing or the time of correction so that the price will return again quickly. It is precisely at the time of falling price that you are given the decision to stick with your belief idea that Bitcoin is a currency that has a good future and you still believe to save it because the condition of its falling price has actually happened repeatedly, or you are not ready to face the issue FUD and temporary loss.

[tayogpanganiban]

I was able to transfer all my bitcoins into other cryptocurrencies for assurances news are saying that bitcoins may split and have a fork .The panic now is now ongoing so i dont sell my bitcoins just like others do just transfer to other altcoins.

For me,It's  a very common problem of bitcoin,There are times that the price of bitcoin fall but nothing to worry about the downfall.I don't need for panic selling instead i will kep my bitcoin believing that bitcoin will rise again until it hits to $20k.

[shezu007]

I was able to transfer all my bitcoins into other cryptocurrencies for assurances news are saying that bitcoins may split and have a fork .The panic now is now ongoing so i dont sell my bitcoins just like others do just transfer to other altcoins.

For me,It's  a very common problem of bitcoin,There are times that the price of bitcoin fall but nothing to worry about the downfall.I don't need for panic selling instead i will kep my bitcoin believing that bitcoin will rise again until it hits to $20k.

I don't agree with mate saying that he mention that its main problem of BTC. Its not problem of BTC its the best quality of BTC that price is varying with time and every time is the best time for traders like if BTC price start fall then that will more happy time for trader they start buying more and more and if price start rising then they start selling. So rising and falling of price is the part of working with BTC.

[Asoe kaya]

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 this is not just happening because bitcoin has dropped several times but in an instant it goes up again, so do not worry.