Bitcoin is Falling...Is it Panic Time?

[nasipadang]

I will hold it because if I sell or change to another cryptocurrency, I suffer a loss so in my opinion it's better to keep hold of, bitcoin ever rises high after a correction or whatever it is, it will surely will be time to rise again.

[1713542054]

1713542054

[bitcoinsocial09]

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?

Sad to say that bitcoin is falling. But I think that bitcoin will be back into its original value. So no need to worry about bitcoin increasing. Do not be panicked because the time will come that it will back into the high value of it.

[tophe15]

Not the great move if bitcoin is falling again like today. As you can see, the value of it, is really going up and down. Like what most people are saying on this post is that holding is the best thing to do.

[Jupeter]

Not the great move if bitcoin is falling again like today. As you can see, the value of it, is really going up and down. Like what most people are saying on this post is that holding is the best thing to do.

Well that is true that bitcoin is really falling on the market and many people are or many holders are so sad because the value of there bitcoin is really low, but for me the fallung of the price of bitcoin is very greag oppurtunity for us to buy more bitcoin and to hold for long time.

[Arngrim]

Guys this posts was from June 2017 and here we are again.

I am new here but I know what to do. Control yourself from pressing that exchange to fiat button or else you might regret it.
People tend to panic because they see the conversion of their bitcoin to their own fiat currency.
What I do? I dont look anymore. Just let it be. It will grow. Last time I checked it was at 9k dollars. I dont know about it afterwards.  

[adiksau0414]

Super panic time for me. I cant believe that from $19+ down to $8k+. Im not sure what will i do now. I am losing big here because i kept on holding my bitcoin hoping it will have its highest value this 2018. Im not saying we all should panic, if this happen many will sell their coins and the value of bitcoin might end to nothing. I just still putting my trust on bitcoin, hoping this is just a test of patience. And probably just giving as a thrill of a lifetime.

[gabbiee]

Not the great move if bitcoin is falling again like today. As you can see, the value of it, is really going up and down. Like what most people are saying on this post is that holding is the best thing to do.

Well that is true that bitcoin is really falling on the market and many people are or many holders are so sad because the value of there bitcoin is really low, but for me the fallung of the price of bitcoin is very greag oppurtunity for us to buy more bitcoin and to hold for long time.

That's the best way to handle a huge dump with the price of bitcoin, instead of taking it negatively we must think positive and buy more bitcoin because there will be time that bitcoin will recover from this and to those who had strong hands in terms of holding their coin has the most profit of them all.

[z38630610]

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 am a little bit panic about price of bitcoin. Firstly I tried to sell a small amount bitcoin and buy another altcoins but it didn't give me more benefits. I suggest you to hold it for approximately three months. You will see the price. Your panic will change.

[conected]

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 panicking can lead you to do bad decision. If you want to become successful, then you should focus on how you will control your emotion for yout to avoid panicking.

Panic is the wrong move we can do in crypto world, just keep calm if you want to be success, dont let your emotion control you, you need to control your emotion to be come a successful.

Instead of letting your emotion to control you and have a panic selling mindset, why not become opposite of that and just buy the dips and keep holding for long term because if you will just buy at the dips and hodl them then you have a high chance that if the bitcoin market comeback then you will have a huge amount of profits just because you bought at the dips.

- But many people rarely think of the opposite, emotions have won the mind, they want to get out of this situation, instead of continuing to endure and fight to the last moment, and they will soon regret their decision. This psychological game is too terrible, want to win is not a simple thing, weak psychology will easily fail, I also had a lot of experience on the issue of panic and what I do is not observe the market, believe completely in bitcoin, whales will soon help the market return to a great time

[giletto]

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 panicking can lead you to do bad decision. If you want to become successful, then you should focus on how you will control your emotion for yout to avoid panicking.

Panic is the wrong move we can do in crypto world, just keep calm if you want to be success, dont let your emotion control you, you need to control your emotion to be come a successful.

To be a good trader, you have to be patient and keep calm in any situation. If you panic and lost under control, you may lose your money. That's why many people will choose not to sell their Bitcoin and wait until it increases again. They believe that Bitcoin will reach 30,000$ at the end of this year.

[slapper]

Bitcoin falls, then bitcoin rise. It's the volatility on the price of bitcoin that creates opportunity.

100% agree to your idea. The more fluctuate bitcoin is, the more money we can earn with bitcoin. I always love the time when the price of bitcoin decreases strongly like it is right now. I can make more bitcoin from this event and increase my balance with bitcoin. Haha I have bought a lot of bitcoin when it was 8200. Now, I will hold until it reaches $20000

[Swanson]

There will always be fearful people who will record their losses. Thanks to them we will observe volatility and earn.

[cchub]

Panic is a good moment to buy rather than sell. Keep that in mind and you will actually make money out of it instead of lose money.

[Sled]

Panic is a good moment to buy rather than sell. Keep that in mind and you will actually make money out of it instead of lose money.

You only lose when you sell, they said. We should just keep buying at the bottom and wait for the market to go up again and sell at the peaks to get the best profit and don't always panic because panicking will not give you any good benefits in your field because panicking will just lead to different bad decision making and you will regret it at the end.

[amaydel]

Panic is a good moment to buy rather than sell. Keep that in mind and you will actually make money out of it instead of lose money.

But seeing bitcoin dropped more than 50% of its market price since 20,000$ last year, these weak hands could go on panic mode and possibly push the sell button anytime. If you are going to sell it, why sell it in a lower price? Why can't they just wait for it to rise and sell it at a better price?

[Remaka]

Dear it is not panic time. Right now I will call it hold time and investment time. If you have these coin, the hold them. If you don't have then invest now that the prices are low. You will be happy you did.

[Sled]

Panic is a good moment to buy rather than sell. Keep that in mind and you will actually make money out of it instead of lose money.

But seeing bitcoin dropped more than 50% of its market price since 20,000$ last year, these weak hands could go on panic mode and possibly push the sell button anytime. If you are going to sell it, why sell it in a lower price? Why can't they just wait for it to rise and sell it at a better price?

Patience is one of the huge game changer here in the cryptocurrencies. If you don't have the patience then you are a loser because this game is not always about buying and selling if the market is going down, it is about buying and having balls of steel to endure the pain of the falling market and still be positive for long term price actions.

[Riska katom]

I prefer to keep a coin or better to invest.
Bitcoin price drops not because of panic, more for profit taking than traders, quite normal if you know the stock market. And usually it only happens for a while, it will not be long.

[Tapyaks72]

I prefer to keep a coin or better to invest.
Bitcoin price drops not because of panic, more for profit taking than traders, quite normal if you know the stock market. And usually it only happens for a while, it will not be long.

Yeah this a big opportunities to buy more bitcoin once it is in the down stream while preparing and gathering momentum to go upward this just like a roller  coaster ride  as we all know even before bitcoin goes this way .so while it is in down stream mode this the moment to catch a ride before it goes up. Buy and invest bitcoin now this your chance in a life time.

[poetra2501]

Panic is a good moment to buy rather than sell. Keep that in mind and you will actually make money out of it instead of lose money.

I see at CMC site, the current price now is $8,400 I guess its already a good price to buy back and its cheaper rather than seeing it again at $9,000 before you buy. No panic at this moment. I will not panic too, I will keep hold my BTC.