DON'T DO PANIC SELLING !!!

[Zertoshi]

And somebody can explain why all the cryptocurrencies are getting cheaper now? Is it really influenced by the holidays, because there are no other reasons?

If whales are cashing out their coins (like the LTC founder just did), it must crowd the sell side with thousands or millions of coins. This pushes prices down.

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[Bandon]

I dont panic sell. I know the price will go up again. In bitcoin we trust.

[TTITA]

Volatile, we must understand that with decentralization, especially Bitcoin, prices are determined by markets with demand-supply indicators. Today many people are selling bitcoins, not because of the need for cash, but because of unfounded issues. Two weeks ago, we were so sure bitcoin would be up to $20k even $25k.
There are some people who panic when prices start to fall even though $ 1k-2 $, i'm not suprise
We must be sure that Bitcoin is supported by a strong community and ready to recovery.

[Siren]

bitcoin is now very strong and stable at this market situation. don't do panic sell.  today or tomorrow bitcoin price increase so just buy and hold.

It's a good now although we did went through a big correction now but it looks stable and has a good support at $13,000. Sorry for those people that has weak hearts and can't take to see bitcoin's fall that quick, I guess it's ready to pump again now so just ride this increase.

Support levels also broken. Bitcoin is now almost $12K. However, its not only bitcoin but the whole crypto is suffering today. Its been the saddest day so far as more than $60B wipe out on bitcoins alone. I don't really don't understand what's the reason for all of what's happening.

But I didn't dump my coins. I still believed that we can still recover by the incident. I'm thinking that people are just cashing it out for the holiday seasons. There's no manipulation, there is panic selling. I hope we can see a clear day tomorrow.

[SidETH]

Everyone selling now is feeding the trolls, the anti-bitcoiners, the bubble mania...
Don't give them anything. HODL.

[Ailmand]

Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.

It may well comeback; however, you can't blame those who are panic selling as well because they may have gained those coins with the higher price point. If you have invested in it during the times when it was just around 7-10k, then you wouldn't mind the drop that happened now because it is still around 13k dollars at the moment. However, if you would consider that it was around 16-18k before, and you got the coins for 12-13k, you can say that you are starting to lose profit now, moreover you are entering the losing stage of your investment, so to mitigate the loses, many who have invested just recently and bought their coins at a higher price would binge sell their holdings to get even a little profit.

[Niveus]

Finally came the long-awaited (at least for me) correction! You can think that this is a Christmas sale for the cryptocurrency  .
Waiting for bitcoin to 10,000 to make a major purchase

[postokenlover]

I don't think it's time to panic and sell. Like the three days of the market, although it has fallen by more than 30%. But we believe it will come back after Christmas, and it's a good time to buy bitcoin.

[Chyton]

By panic selling, you will only lose more.
If someone starts a panic selling, others that have weak hands are going to join the panic selling party which will drive the price lower. But by holding, you will be able to get out as soon as the price increase again.

[TonixGaming_14]

I never panic sell bitcoin.

It is because the price will back again after the correction of price. I will never panic to sell my bitcoin for the price is coming pump again I wait for it.

[androidr]

If someone feels panic while selling then he should sell out all his bitcoin and never buy again,cos crypto currencies is not for you.Price fluctuations (higher or lower) is very common in cryptos. Use the crash as buying opportunity and accumulate more

[kivo2004]

charlie lee should be in jail

[DaddyMonsi]

Panic sellers will just cause Bitcoin price to continue to go down. This is not only correction but also a whales game, they will dump, then others will follow to sell at lower price than whales, then whales will have the advantage to buy what was dumped at lower price. Hold it and keep it, dont worry about what others are saying about crash.

[Gladiator25]

For me, i basically done panic selling. Because i know that bitcoin always recovers. If it goes down there is always ups. Also, i dont panic selling because at that it is the end,  the end of the beginning of the full capacity. So no need to worry and stay calm.

[Zertoshi]

Panic sellers will just cause Bitcoin price to continue to go down.

There are certainly other reasons:

• The pool of buyers is exhausting (small investors: most are full in, and reluctant to take their losses)
• Figure out a small whale who acquired 1000 BTC (at say 1$) and a pool of small investors with 10,000$ each: the whale needs to find 1000 small investors to cash out (i.e. ready to give him their money) at an exchange rate of say 10,000$/BTC each...

[putriangel]

I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.

[Harley29]

we cannot change people's habits for the declining state of bitcoin market. From ATH about $ 20k, and now back to the point $ 14k. unconfirmed transaction stack and transaction fee becomes very high. Miners are moving to BCH (as usual). For people who understand, they only see this condition as the politics of miners and also the opportunity to get bitcoin at a cheaper price. While others see this condition as a disaster that can only be stopped with a cut loss or panic sell.

Yes its true there is no need to make any panic because it’s something about money and every one must play here careful your small mistake can out you in trouble if you want to buy or sell bitcoin so you must be careful because if you are investor and you want to get profit so you must be careful about bitcoin price its price matter here and four months before I lose here just because of panic so be careful while selling.

[sheamus10]

In the trading world of assets like as bitcoin, panic sell is a common thing. But you don't have to worry, because if the current price bitcoin is down.
You just need to be patient and wait for the price to rise or return to the starting price.

[ssuchy]

In the trading world of assets like as bitcoin, panic sell is a common thing. But you don't have to worry, because if the current price bitcoin is down.
You just need to be patient and wait for the price to rise or return to the starting price.

I would like to know the opinion, what influenced today to drop the price of Bitcoin? In my opinion, very many factors affect pricing. First of all, if you create a panic in the market, then the lack of demand will reduce the price. But I thought that because of the active price growth last month, demand should only increase, but it turned out quite the opposite.

[batang_bitcoin]

 

I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.

Good for you! Before I was one of those people who are panicking when this is coming. I can't accept the fact that the price is falling down that quick but this is me before but now I learned from that thing and I just held all my bitcoins and did nothing wrong as for this major fall down of all crypto's.