Bitcoin is Falling...Is it Panic Time?

[Betwrong]

So these six months (as this post was written) showed that the drop of bitcoin is not a reason for panic. Who did not sell then $ 2,000, even now, when adjusted after the New Year are in profit.

Exactly. I was going to say the same thing. Take a look at the OP, guys:

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.
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It was the drop from $2,800 to $2,300 and some people already started to panic sell when it was probably one of the best times to buy BTC. Don't make same mistakes again, guys. Buy while it is still low or just hold what you have, but do not sell at the low price that we have today.

[jebusmaster]

Yes it is very evident that bitcoin is having a hard time of pushing its market value but instead, it gradually falling down. That's the best time for investors and whales to buy bitcoin at a lower price when people are starting to push the panic sell button. I just hope that this will be the last time we will see bitcoin's market value to fall down this month.

I believe the current drop is temporary as we have already seen in the past.
And I agree it is a great time to invest. I am personally trying to keep up with it. Cannot wait until the bullish trend starts to kick in.

[readygoaw]

It must be alarming on bitcoins right now but keep in mind that it started from just a hundred dollars before i think youre late investing on it, you might invested when its already on top which give you less profit from it. This is not a panic time for bitcoin, it is still on high price why would you panic ?

I understand that Bitcoin can not grow constantly. Therefore, I do not panic when the price of Bitcoin falls. I also understand that I can lose money.

[YzzyGo]

Do not panic and sell! It's common for bitcoin to take a breather before going up again. Although currently ETH is catching up so maybe that's why everything is moving to there.

[LyQaN]

bitcoin rose in last few months vigorously , so downfall was expected due to volatile nature of bitcoin. so there is no need to panic it is nature of coin and it is common thing and will remain so in future for quite a long time. I am still holding my btc and will only sell when market is bullish and on condition that i really need them . so panic sell is not a solution, every market faces up and down , you just need to focus on when you can grab the maximum profit from the given situation  thinking about future consequences

[voztata]

There is all the time a call for "panic"! Actually, bitcoin has just a normal correction after the fantastic growth of the last months.
Eventually, it's a good moment to buy, waiting for the next rise.

I don’t know why some of us keeps on panicking when prices are falling. This is a normal thing, and if you’ve been into Bitcoin for a long time you should have known that by now, cause we’ve all been seeing it, except newbies (I wouldn’t blame them, it’s their first time, so they have to be careful).

[DIAH PERMATASARI]

I will stick to bitcoin and not sell it when the market again goes down, because I believe that the price will rise again, it's just a matter of time, my advice do not panic if you see the market again down

[mornabo]

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 recently with bitcoin, but I can say one thing, I never listen to anyone. Let others panic, I keep my bitcoin and do not worry about the consequences. I know that bitcoin will rise more than once in price.

it would be better, do not listen to the issues and speculation from others people, because it might just mislead you and make you panic, when chaotic market situation happen like today, better stay calm do not follow the panic that happened, to choose between holding, buy again, or sell better use your own calculations, and do not hesitate to ask the expert trader for reference only, that what i do when bitcoin falling

[betchay22]

if you have put big money in bitcoin its normal to panic. They say dont put your egg in one basket. So when something happens to one of your investment, you still have back ups. Just monitor the rates closely, so you can pull out your investment before it vanish

[PIR]

Bitcoin may fall... but it will rise again... that's what I believe...we have to have our own action, checking, studying and updating about it, when to trade and why.. if we panic we will only get confuse, just as we always thought bitcoin investing, saving and trading is always risky.. and whatever the situation is, we are still the one responsible to our decision, if we get influence by others or if we remain.. depending on your conviction to it..there will be changes in price we should expect it, but our action to it matters a lot.

[sangalangdavid]

Bitcoin may fall... but it will rise again... that's what I believe...we have to have our own action, checking, studying and updating about it, when to trade and why.. if we panic we will only get confuse, just as we always thought bitcoin investing, saving and trading is always risky.. and whatever the situation is, we are still the one responsible to our decision, if we get influence by others or if we remain.. depending on your conviction to it..there will be changes in price we should expect it, but our action to it matters a lot.

We don't have to panic because the price dropping of Bitcoin is normal. Yes, its price dropped but eventually it will increase. You just have to wait and be patient.

[Ludwig van Cryptoven]

It's funny... this is a thread started in june, and now people ask the same question... :-)

[mindfly09]

In my opinion we don't get panic if the bitcoin is falling. But we know that on the next day the price is rise again, so its a good news also for those wants to plan invest in bitcoin, because this can be that time and opportunity to buy bitcoin. Its an ordinary that it will happen to bitcoin that the price is falling. Most of us were panic if we know that the price of bitcoin is falling, but we need to patience to wait for the price will increase.

[shillerguy020]

I think no, it's not the time to panic, bitcoin will still gain its advantage, this is just my scepter opinion, so I think so.

[amaydel]

As bitcoin and other crypto currencies is going down and bleeding, some are also spreading FUD that even made other weaklings to push the sell button even it means a losing move. Let them spread FUD and let bitcoin go down more because all i gonna do is HODL no matter what happens and i am going to buy some alternate coins with great potential.

[Yurkov]

Price will not increase all the time, it is impossible. There must always be a correction. People will sell bitcoins instead of holding them. The price will start to grow again because it will become attractive. Sales because the price falls is a very bad idea.

[awawo]

This is the right time to buy bitcoin now that the price is down in other to make profit when the price will rise, most newbies in bitcoin are now selling they bitcoin at a give away price this is the time when most investors will start panic selling or cutting loses, I will advice any one not to sell they bitcoin because in a short while the price will rise again if you are following bitcoin movement you will know that monday- Tuesday are always bad market days for bitcoin. But Friday Saturday Sunday are the best days for bitcoin.

[etron]

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 everybody is freaking out about the bitcoin price when it comes to buying it after Christmas yesterday, everyone who bought it at that time will be panicked at the current price, be patient I think the increase is sure to happen again.

[Rooster101]

As bitcoin and other crypto currencies is going down and bleeding, some are also spreading FUD that even made other weaklings to push the sell button even it means a losing move. Let them spread FUD and let bitcoin go down more because all i gonna do is HODL no matter what happens and i am going to buy some alternate coins with great potential.

You're right, aside from spreading FUD,  there are some news coming from South Korea and now China which escalated its crackdown on cryptocurrency exchanges operating inside its territory. The crackdown on crypto exchanges is no longer new. It's already happened many times in the past sending bitcoin price down temporarily. Bitcoin always find ways to recover and later goes on price surges so there's no reason to panic about this price drop and just have the patience in hodling your bitcoin until it recovers.

[Kadal Ijo]

Today the bitcoin drops back to $ 11,800, and it's a record low for the last 60 days, I'm hoping prices will skyrocket and I will not panic to sell now because I'm sure that next month the price can go over $ 20,000.