Bitcoin is Falling...Is it Panic Time?

[Isaak Bitcoin]

Yesterday's evening really made me worried. But already at night the rapid growth began. So today I'm calm. Well, that kept from selling at a low rate.

[Hernandezz]

I myself depend on the condition if bitcoin is decreasing as much as possible I buy bitcoin because that's where the right time to seek profit.

[Kate Beckett]

Probably the price will continue to decline in the near future. From a fundamental point of view, the main factor that puts pressure on the Bitcoin exchange rate is the intention of the Chinese authorities to close citizens access to local and foreign platforms for trade in crypto currency.But I believe Bitcoin will rise again. That`s why I won`t recommend you sell your savings.

[aesma]

The price went up so fast at the end of last year that I barely got used to it. I sold some coins at the top to recover my investment. I would have bought back some if the price had crashed massively, but in the end we only touched prices that were the ATH a couple months ago. I wasn't buying BTC then, no reason to buy it now, even though I expect it to go up. Not really worth the risk comparing to just hodling what I got.

=> no panic for me, as I can't lose.

[darkphoenix2610]

you don't need to be panic, they giving as a fake news so that the value of coin would decrease into unusual price just be patient when the coin would pump again, just stay calm and go with the flow just unwind for one week and you will see the market turns to green

[anjho.ace]

Never panic in cryptocurrency because if you let your brain like that you will never succeed on this community! just think and make a research why it is happening and when will it come back! do the buy and sell!

[Saimabutterfly]

Yes mostly panic sellers sells at low and dump any coin badly, My advice for every crypto family member is to hold bitcoins, otherwise we will regret if it goes up.

[cizatext]

Well I think this question is still relevant die to the present happening in the world of bitcoin, a lot of people are rushing to do panic selling most especially the newbies in bitcoin who does not have a background knowledge of bitcoin. Bitcoin is a very volatile commodity and at that bitcoin price always move up and down and if you are not well grounded with that knowledge you may rush to do panic selling when there is any little fall in price but one thing we should understand is that the price of bitcoin can not be going up always there is also a time that there will be dip fall in price of bitcoin and at that you have to hold on.

[Ryanpaul80]

I think Bitcoin price is falling because it depends on Buyers Traders and Investors if theres no one there Bitcoin will actually fall

[chickenfried12]

the only conclusion that should be possible is that the market is now under the influence of such a massive rise, showing the potential to decline . frankly, I believe that an average of 1 2 months will make a good rise after the first 6 months of 20000 avarage .

[Gringoblin67]

looks like we are inching up! Bitcoin is at $12426.49. Stay positive people and always follow your trading plan..  

[nano77]

bitcoin prices are currently down then control your emotions do not panic because if you panic then only the losses you get, be patient and wait bitcoin prices back up, even this is a good time to buy bitcoin

[StarofBTC]

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.

It seems you are well known of this market for bitcoins. Actually this is beauty of bitcoins that they don’t stable at one point. The volatility they shows, this makes their value high. This make them fantastic over the course of just 9 years.

In this short period of time people are likely to get them. Use them for their own cause. This is all about the volatility of bitcoins. Good luck to them.

[Kevin77]

I do not think there is anything definite in life, everything can change, so do bitcoin, we just have to be smart to make decisions

That’s a fact of nature. Nothing is there forever and everything is supposed to decline one fine day but the thing is that bitcoin is the most used crypto currency and recently it has been declared legal in many developed states. Many big companies and restaurants have started accepting bitcoin as a mode of payment. In short, the thing is that bitcoin has to yet bloom at peak so we should stay optimistic about it.

[Choyor]

With the current condition where the price of Bitcoin is falling in price, we should not panic and hold fast to maintain our Bitcoin value, so we will avoid the loss, and try to wait some time forward because we believe that Bitcoin will be upgraded at future.

[SirLancelot]

why need to be panic if there's an option to hold or buy at the dip? if you get panic,you might miss the profit bitcoin will give you when it rise again..Just a simple advise,dont put all your money into it so whatever happens,you will not cry at the end.

Those who are smart they will prefer to hold their coins because they are well aware of consequences and panic seller will do a lot of loss for themselves as well as to the values of bitcoin so the best option and the rightest thing to do right now is holding and selling at this time will surely lead to the loss and regret in the future will be more painful when everyone will be making money and they will be watching faces.

[mary0919]

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 it is not but it a good opportunity to buy for more bitcoin in this time while the price is low. There are lot of works that earns bitcoins and I want to join each works because I want to earn bitcoins because I want to save more bitcoins and hold it for our good future.

[DRVX]

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 ?

Depends on what price you bought Bitcoin. If you bought Bitcoin for 18000 dollars, then probably you can panic. Have enough patience Bitcoin will still grow.

[Freshmen]

It doesn't seem to be, bitcoin not fall and just being a bit knock on value. I believe bitcoin can be more valuable than last year.

Though the market price of bitcoin has managed to recover but even if the market value of bitcoin starts falling down, there is nothing good which you can get in return if you will get panic and will go for panic selling of your bitcoins. This will only result in loss of money and that you will only regret in your future about what all you have done in your past. Just be calm and hold your bitcoins.

[zngit]

I think panic is a bad sign on business area. Panic can make people sick. Make people weak. Make everybody unfocused. Panic is a major sign of weakness to a weak foundation of business. I think much better to do now by the bitcoin holders is divide the bitcoin and invest to other possible altcoins to raise like bitcoin.