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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34127 times)
Gheka
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April 02, 2018, 02:14:37 PM
 #1921

The fall of bitcoin prices has made new traders panicked to sell their coins. The attitude of the new merchant actually makes the situation getting hotter, with the number of coins selling to make the price of coins shrinking. Whereas rising and falling prices is a natural thing to happen in the market. Those who have sold the coins will regret it later after the bitcoin price rises again. So for traders who have not already to sell the coins, you should stick to not sell the coins you have, keep your coins for you to sell later in a timely manner when the price has gone up.
I think the falling and the rising price of Bitcoin is very normal and that is the unique thing about crypto. So we do not need to panic and afraid about it. Maybe the amount of decreasing money is huge so people start to afraid. I once panic too when I first know about Bitcoin. But now when I already know about Bitcoin for several years, I do not panic anymore because I have experience many up and down of the price of Bitcoin. I determine to invest into Bitcoin right now. I know last year when the price of Bitcoin decrease more than 50% if I am not mistaken. But soon after that the price of Bitcoin start to increase more than 100%.
Although it is a normal thing in crypto but we still could not stop the panic of us, even if you are a person who has known about bitcoin for years, you still can not resist the panic that always exists in you. I am similar to you, I also know bitcoin for several years but each time the price of the bitcoin is falling, I still have a certain panic because I know clearly about bitcoin, know its instability, that makes me very nervous about whether it will be able to recover as in the past or this is the end of it, I believe that everyone has a mood like this when bitcoin is falling

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Starone1
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April 03, 2018, 04:22:44 AM
 #1922

The fall of bitcoin prices has made new traders panicked to sell their coins. The attitude of the new merchant actually makes the situation getting hotter, with the number of coins selling to make the price of coins shrinking. Whereas rising and falling prices is a natural thing to happen in the market. Those who have sold the coins will regret it later after the bitcoin price rises again. So for traders who have not already to sell the coins, you should stick to not sell the coins you have, keep your coins for you to sell later in a timely manner when the price has gone up.
I think the falling and the rising price of Bitcoin is very normal and that is the unique thing about crypto. So we do not need to panic and afraid about it. Maybe the amount of decreasing money is huge so people start to afraid. I once panic too when I first know about Bitcoin. But now when I already know about Bitcoin for several years, I do not panic anymore because I have experience many up and down of the price of Bitcoin. I determine to invest into Bitcoin right now. I know last year when the price of Bitcoin decrease more than 50% if I am not mistaken. But soon after that the price of Bitcoin start to increase more than 100%.
Although it is a normal thing in crypto but we still could not stop the panic of us, even if you are a person who has known about bitcoin for years, you still can not resist the panic that always exists in you. I am similar to you, I also know bitcoin for several years but each time the price of the bitcoin is falling, I still have a certain panic because I know clearly about bitcoin, know its instability, that makes me very nervous about whether it will be able to recover as in the past or this is the end of it, I believe that everyone has a mood like this when bitcoin is falling
Being emotional at the price falling can make risk in your investment, but if you will have patience and will not sell at low price then you can get the highest profit, people makes huge mistake for making selling panic, holding bitcoin is the profitable investment, most of bitcoin experts buy bitcoin at low price and they hold which gives them profit, so holding can be the best strategy of profit making in bitcoin without panic selling.
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April 03, 2018, 04:29:36 AM
 #1923

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?

There's no need to panic, if the price is falling then it only means that it is the good time to invest a huge amount of value in order to earn more profit when the market goes back to normal so do not think of the dumping price as a bad thing because its not.

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April 03, 2018, 05:32:10 AM
 #1924

The value of bitcoin is dropping but there is no need to panic. If you can hold your bitcoin I suggest you do that, Im sure that the value will pump again. The unstable price of bitcoin is a "natural thing", more and more people are becoming interested in trading/investing in bicoin market maybe that's one of the reason of the value drop.  Grin
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April 03, 2018, 06:39:40 AM
Last edit: April 03, 2018, 09:18:28 AM by willnotwas
 #1925

This is beginning to sound like bitcointalk users' pustime. Really, are you enjoying this panic everytime when BTC price is falling? You got to get better at this, guys. Your nerves can't take much more of this.  Wink
Bobocantik
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April 03, 2018, 07:04:35 AM
 #1926

No need to panic if the prices are going down because that is normal in trading and we should be patient to wait until the prices will rise up again. If there are dips and the price is really low, don't be discourage about it but instead take that as opportunity to invest additional coins and then hold. People do panic because they really not sure what is happening and what are their going to do if the prices goes down.
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April 03, 2018, 07:28:39 AM
 #1927

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'm not afraid of falling Bitcoin at low prices, I'm just scared of the money I invested in Bitcoin lost and got back the lousy luck, I think there are many people involved in Bitcoin with the aim of For the development and getting back the profits to be costly but now challenging to price recovery.

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April 03, 2018, 07:29:07 AM
 #1928

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 you do not need to panic with the Bitcoin price down. Your panic will only hurt you. You are calm and eagerly waiting for the price of Bitcoin to rise again. I'm sure this is only temporary and the future will be fine. You have to hold Bitcoin that you have longer.
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April 03, 2018, 07:48:46 AM
 #1929

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 that those who do not quite understand what is happening with bitcoin panic, and of course beginners, too, create panic, they can not understand that fluctuations in bitcoine prices are his natural behavior and this is a temporary phenomenon. I never give in to panic, even if today the price has fallen, then tomorrow it will necessarily rise.
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April 03, 2018, 09:07:41 AM
 #1930

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 that those who do not quite understand what is happening with bitcoin panic, and of course beginners, too, create panic, they can not understand that fluctuations in bitcoine prices are his natural behavior and this is a temporary phenomenon. I never give in to panic, even if today the price has fallen, then tomorrow it will necessarily rise.
I completely agree with you, because Bitcoin's behavior has always been volatile. And so that all users of the crypto currency will also be treated of this, there would not be such a decline in the market.

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April 03, 2018, 09:38:19 AM
 #1931

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'm not afraid of falling Bitcoin at low prices, I'm just scared of the money I invested in Bitcoin lost and got back the lousy luck, I think there are many people involved in Bitcoin with the aim of For the development and getting back the profits to be costly but now challenging to price recovery.
Haha, if you aren't afraid of Bitcoin's value decreases, why are you afraid of losing your investment? Both have the same meaning, I think you have forgotten the fear of Bitcoin value gradually, but you still can not deny the fear that capital invested in Bitcoin is losing every day. After a long time, this fear will become panic causing you to lose your temper, resulting in erroneous decisions. I advise you to face it instead of shirking, accept the truth and face the problem, there is always a solution for you.

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April 03, 2018, 09:57:07 AM
 #1932

Bitcoin falls .. I do not panic because it's normal and bitcoin is digital currency and if bitcoin values up or down it's a natural thing, and now the bitcoin price goes down you have to think broader because it's your chance to buy it when the price goes down, and believe me the bitcoin price will go up again and it is your chance to sell it for profit
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April 03, 2018, 09:59:46 AM
 #1933

Bitcoin falls .. I do not panic because it's normal and bitcoin is digital currency and if bitcoin values up or down it's a natural thing, and now the bitcoin price goes down you have to think broader because it's your chance to buy it when the price goes down, and believe me the bitcoin price will go up again and it is your chance to sell it for profit
the moment of panic has been missed I think, for now, we have to rebuild what we have. bitcoin prices are starting to improve for the day. we must monitor what will happen in this week, this could be the beginning of bitcoin increase for this year.
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April 03, 2018, 10:36:20 AM
 #1934

I would not prefer to panic sell when bitcoin is falling because it is a normal thing with any digital currency. Instead of selling just hold your bitcoin and wait until it rises up then sell if you want to. Selling at deep is the biggest mistake that you will ever done in cypto because it would not make you profitable instead you will lose your investment.

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April 03, 2018, 10:47:27 AM
 #1935

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, dont panic mate. it is normal for currency. decreasing and increasing was effected from deman and supply.
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April 03, 2018, 10:49:03 AM
 #1936

Those who don't believe enough in crypto will always panic every time anything drops significantly...we just need to have enough patience and wait.

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April 03, 2018, 10:53:59 AM
 #1937

Why panic? there is no reason to panic because of course bitcoin will increase again. If you panic then you will only become a loser because it sells at the current low price. Be calm and be patient because that is the key to success. No need to rush to sell the bitcoin you have because it is just a loss. So hold on a little longer until the bitcoin increases. I myself hold bitcoin and not for sale in the short term but rather it is an investment for the long term. I hope this will be a good investment for me.
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April 03, 2018, 11:02:27 AM
 #1938

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 you do not need to panic with the Bitcoin price down. Your panic will only hurt you. You are calm and eagerly waiting for the price of Bitcoin to rise again. I'm sure this is only temporary and the future will be fine. You have to hold Bitcoin that you have longer.

If you really know how bitcoin works and its history then there is no need to panic. Bitcoin price have an up and down cycle caused by many different factors like FUD, threat of ban and supply and demand. Panic selling will only lead to further losses of your investments so it better to remain calm and wait for the market recovery.
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April 03, 2018, 11:39:14 AM
 #1939

I don't think we need to panic, becarit is already happen, every time bitcoin price will down and sometimes it's rise again, so all we have to do is to wait again until the price will rise again.
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April 03, 2018, 11:52:24 AM
 #1940

I don't think so. Always remember that btc price will have a chance to comeback. Be patient and wait for the price to increase. Don't get drag in it. As long as you think you can't benefit from it then don't jump in or else you will regret it.

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