Bitcoin is Falling...Is it Panic Time?

[hshr0h3110world]

First of all, it really is unpredictable. It's a normal thing for it to went up high the fall. Think about it as stock markets, it do really goes up and down depending on the market situation. Going that high within just a few months, it should not be a shocking event for it to drop its. It might be just because of those selling their coins due to these small changes. It's not something to be afraid of, almost everything in the market changes its price. It can't go straight up into a ladder most especially at this time where issues on centralizing it are emerging. Within just a few months, after dropping its price, others would start buying it and eventually it will recover its state.

[Requim]

Panicking during the dip is not ideal because it will just cause a chain reaction. Some people, especially those who are just new in bitcoin and cryptocurrency would most likely do panic selling when prices dip. If more and more people will panic market price will just keep on dipping more. Anyways, this will just give a better opportunity for those people who would buy during the price because this will give them more favorable price to buy in.

[v0rtecxz]

at this time the bitcoin price is falling, but judging from the current increase there is the possibility of bitcoin will increase again, although the increase is not too big and but it happens slowly and grow, I think at this stage bitcoin will need a little time in order to start recovering from the situation, to get back on the increase, because a lot of things happening now that hamper growth, of course I think such problems will not be completed easily and quickly,

[quirijn de greef]

I think one should not easily panic because of the movement with the price of Bitcoin. Please take into consideration, that bitcoin is like any other currencies or paper money fiat but on an electronic platform. Anything that you will put in like a stock will be moving like a stock. The movements will always be based on different factors.

[bitbunnny]

The same story repeats every time when Bitcoin goes down. Panic and speculation about the end of the Bitcoin.
The ones who are most to be blamed about that are new unexperienced Bitcoin users and those who wanted to become rich over night.
I guess there will always be people who don't know enough about Bitcoin, who didn't go into deep of world of cryptocurrencies and that is why with every price drop we see the same situation.

[anonypony]

Who told you to buy BTC if you can't handle the UPs and DOWNs of BTC life ? huh..

[Xenoph0bia]

The same story repeats every time when Bitcoin goes down. Panic and speculation about the end of the Bitcoin.
The ones who are most to be blamed about that are new unexperienced Bitcoin users and those who wanted to become rich over night.
I guess there will always be people who don't know enough about Bitcoin, who didn't go into deep of world of cryptocurrencies and that is why with every price drop we see the same situation.

I think it can be a panic time as the prices are falling down at a fast rate.The price of bitcoin has decreased a lot in a few days time and it is still falling down.People are selling their bitcoins because they think that the prices will go down more so it would be risky to hold Bitcoins in the future.But they cannot see the fact that if they hold their Bitcoins the prices can be stable.The main reason for the price fluctuation of Bitcoin is the forces of demand and supply.

[Konco126]

Please be patient and calm to everyone who invests in bitcoin, it is only temporary due to the ban in various countries. We as investors have to be patient with all that, we must be sure the future will be better cold again.

[engrlodi]

Indeed that bitcoin is falling we don't need to panic because bitcoin can recover in the future and many investors will invest again in the future. In my way, I'm holding my bitcoin because it is hard to sell my bitcoin when it is in low value. You can lost your profits even though your value in bitcoin. If I have my budget I'm investing to the alternate coins because some of them has potential to increase more like Ethereum and Litecoin. All we need is patience and the value will increase in the future hopefully. Sometimes it is hard to decide of you are holding or sell already your bitcoin but sometime is we need to trust to the bitcoin and patience to have a comeback for bitcoin in the future.

[shamimal93]

Don't be panic guys. It's not panic time. Just hold your bitcoin and after few days you can see that the price of bitcoin will be increasing.

[drew314]

Don't panic, bitcoin price is so volatile, it goes up and goes down at any moment so the downfall that is happening now is very normal. This is not the time to panic and for me if I just have much money to buy bitcoins, I would. The only risk is if this downfall will continue and never recover again.

[Semosuchi Tesongrato]

As you can see, this thread was started in last june, when bitocoin was 2.5K, and reading it makes me smile. :-)
Bitcoin has a strange destiny: when it rises, it's a bubble. when it fall, it's dead.
We need to accept the idea that it's something new, that it offers a lot opportunities to make a profit, but - inevitably - it's very risky.
That's all. If you don't like this aspect, invest in mutual funds.

[xDsoGood]

Not yet. If you have an experience on bitcoins and altcoins you shouldn't worry. Every experienced crpyto trader knows that it will just collapse to give them an opportunity to buy it at low price and sell it high. No need to panic for newbies and be patient. It is normal for you to panic at first but as more experience you gain the less panic you become and think of it as a normal phenomenon that the cryptocurrencies could fall for a short time. Yes, bitcoin falls in the first quarter of the year but there are still 3 quarters left to grow at an incredible rate. All we need is to be patient and buy bitcoin as long its price is low and gain a huge amount of profit once it grows.

[Akupuniard]

 i think it's okay because nothing can increase forver so price should get back now than will recover. When? I don't know but i am sure it will happen someday.

[Sandijoee]

no need to worry and I personally did not panic with that sort of thing. Because I believe in bitcoin, bitcoin will definitely go back up like a big time ago, which I panic if bitcoin is gone or already in block.

[alex M]

Panic Time ? It's your opportunity to buy. Look at 1 month ago, there were simmiliarity chart. 2 weeks later after it down, What happened? it increase dude. So i think this situation is same like 1 month ago

Actually, bitcoin value sometimes fall but it doesn't mean to be panic. Its normal since there are also other crypto currency working aside from it,  and  after few days  the price will rise again. Sometimes higher value than the previous price.  So, if value decreases, then its time to buy bitcoin and hold as an investment.

[ashfer]

It is better to hold on with bitcoins even if the market value is going down most of the investors are selling off their bitcoins as they feel it as that they are stopping their loss by selling in the available rate but my suggestion is that it is foolish to sell off your bitcoins now .The best thing a wise investor can do now is buy in as much as bitcoins possible and wait patiently for the price to grow say like invest in it and wait for just one year as the price will be rising in few months time.you can learn the market more if you have checked the market value graph from past few years.

[BitNaija]

If at the time of this thread, there was panic after a dip, then it gives me more hope that what others are saying is true.

It has been pointed that after a dip, bitcoin rises. So it is obvious that we are awaiting a surge in price soon and it must surpass the near $20k high of 2017.

[Wewe Gombel]

When bitcoin prices continue to drop then we do not panic, precisely this becomes a great opportunity for us all to buy because history often notes that bitcoin prices always fluctuate so if we think now is a cheap price then be sure that tomorrow the price will be expensive.

[Farma]

do not panic just because of these moments. is not this a reason to hold, or buy bitcoin in a lot, right? this will probably be a big advantage in the future, but if panicked, of course it will bring to the chaos.