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Author Topic: DON'T PANIC. HOLD YOUR BITCOIN.  (Read 1749 times)
machinationus
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December 27, 2017, 06:18:14 AM
 #81

Everyone who has this currency and knows how the price goes up and down, it is rare that it enters panic as it surely pass through a similar situation and know how to solve it, it is a good time to buy bitcoin

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December 27, 2017, 07:50:33 AM
 #82

DON'T PANIC. HOLD YOUR BITCOIN.

I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.

Yes, bitcoin price is down but it is not a panic price, it is a little dump and it is because its a Christmas time and people are using their money and withdraw the bitcoin into cash to celebrate this even with full of happiness and gifts. Yes, it is also a good time to buy bitcoin. 
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December 27, 2017, 05:58:09 PM
 #83

HODLing has always been the lucrative tactic. Look at the charts. Would you be up or down if you always HODLed?
I do not know why people keep attributing this to Christmas. A fall can happen anytime and we have had some huge percentage dips even in this year alone and previous years that was not even at the end of the year.

Nevertheless, there really is no need for anyone to panic, it is the way things are meant to be after some parabolic bullish move and now we just hope that the scaling issue even come by to save the day to see some bulls moving in. Because everything is temporary.

The bulls were temporary and definitely the bears will also have some time to go and rest as well. This is a very fluctuated market and we already know the reason why that is but for now, it is something we have to keep living with as it would still continue until the scaling issue is solved and we get to see the main value of bitcoin and not just some greedy set of people trying to opt in for the profit.

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December 27, 2017, 08:38:36 PM
 #84

Everyone who has this currency and knows how the price goes up and down, it is rare that it enters panic as it surely pass through a similar situation and know how to solve it, it is a good time to buy bitcoin
Yes its true and I agree with you bitcoin don’t accept panic if you will do panic here so you can lose your profit not only in holding but also in selling and buying always play here carefully because it’s a matter of money and your small mistake can give you lose last month I did a mistake I sold my bitcoin without going to check the price and as a result I lose in bitcoin so that’s why it’s very important to be relax here and enjoy your work.
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December 28, 2017, 04:30:45 AM
 #85

if you have bitcoin it is only in you that decision to take it you can keep it since lately it has lowered its value temporarily but it will rise very soon as many people are speculating with bitcoin for this next year
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December 28, 2017, 05:18:44 AM
 #86

DON'T PANIC. HOLD YOUR BITCOIN.

I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.

Yes, bitcoin price is down but it is not a panic price, it is a little dump and it is because its a Christmas time and people are using their money and withdraw the bitcoin into cash to celebrate this even with full of happiness and gifts. Yes, it is also a good time to buy bitcoin. 

Sell on panic is really not a good thing and you should not ever do that. Bitcoin is dumping but it doesn't mean it will become 0 in value, its just a correction and good opportunity to buy more. Bitcoin will bounce back and make good money for us, be more patient.
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December 28, 2017, 06:34:00 AM
 #87

People can't handle their anxiety and  is selling their coins at cheap prices... I can't believe this turned to be a bad move for long term holders..

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December 28, 2017, 07:51:03 AM
 #88

It may be natural to have anxiety when bitcoin prices go down and sell for a lower price but if the user has a strong belief in bitcoin progress in the future of course this is not a problem, because in every trade up and down the price is often the case and of course this also can happen on bitcoin.
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December 28, 2017, 08:50:31 AM
 #89

It may be natural to have anxiety when bitcoin prices go down and sell for a lower price but if the user has a strong belief in bitcoin progress in the future of course this is not a problem, because in every trade up and down the price is often the case and of course this also can happen on bitcoin.
When it comes to bitcoin and other digital currencies, this rapid changes in the price is normal. Cryptos are very volatile that their prices can change in a second, this change in the price of bitcoin is just the same with the other crypto so there is no reason for us to panic. In fact, if you have been a member of this forum or have known about bitcoin for a long time, this change is just the same as what had been happening before.

Don't panic and don't get carried away with emotions with sudden change in the price. Continue holding as long as you can because bitcoin will be growing continuously.

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December 28, 2017, 09:44:17 AM
 #90

People can't handle their anxiety and  is selling their coins at cheap prices... I can't believe this turned to be a bad move for long term holders..

It is not a bad move for long term holders I would say long term holders should not be concerned about these kind of pump and dump because it is normal in crypto world and even they know about this so to be honest the only losers will be those newbie who end up panic selling at the lesser price.

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December 28, 2017, 03:30:56 PM
 #91

We recommend that you do not feel panic if holders of bitcoin with value priced bitcoin increasingly decreased in Figure $14000 originally from a few months ago the price of bitcoin on $19000 very numbers make us feel pampered with extraordinary surprise but we also feel happy because this is the time that remained to buy from some of the bitcoin then you save and hold it for a few months or days this will probably make a profit for us all
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December 28, 2017, 04:51:54 PM
 #92

DON'T PANIC. HOLD YOUR BITCOIN.

I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.
I totally agree with you. I also think that this downfall on its market value is just temporary and will eventually increase. Holding would be a much better idea than to sell because of panic. As you've said, we should buy to take advantage of the low price. The investment will be fruitful once its value again, increases.

I also do not think to panic. I have been trading for a long time and trading Forex, so I understand that Bitcoin just got a correction now. Soon the growth of Bitcoin will continue.
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December 28, 2017, 05:48:23 PM
 #93

People can't handle their anxiety and  is selling their coins at cheap prices... I can't believe this turned to be a bad move for long term holders..

It is not a bad move for long term holders I would say long term holders should not be concerned about these kind of pump and dump because it is normal in crypto world and even they know about this so to be honest the only losers will be those newbie who end up panic selling at the lesser price.
We dont have to be panic during this time of bitcoin price that have been down lately. In this phase of bitcoin the time to hold and wait for the price to move upward. Observe the price and surely will tend to go up again.
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December 28, 2017, 07:09:36 PM
 #94

dumped several days ago but bitcoin can recover the price and i think this is similar such as correction price so this is normal and while the price dropped several days ago i think some people does not panic even they buy more bitcoin to hold because if they decide buy at that time and sold at the current price then the profit was so tempting

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December 28, 2017, 10:36:10 PM
 #95

Now really is the time to buy bitcoin. It will still grow in value. But next year bitcoin will be a very serious test. I don't understand what makes a team. They do not understand that their inaction they kill bitcoin. Many large holders of bitcoin reject it because they see no prospects. Bitcoin was conceived as an alternative to state currency. But bitcoin is only an asset for speculation.
holders reject it because they recognize the code of the bitcoin became obsolete when there are too many other altcoin have done better bitcoin. to become the currency of payment in the future, first of all to overcome Bitcoin transaction fees.

Yeah still we have some leverage to buy bitcoin because prices are not gone much high and bitcoin is recovering slowly so those who haven’t invested and are willing to tell them to decide fast because bitcoin have shown increment of 5k in only two days 2 weeks ago and don’t underestimate the unpredictable nature of bitcoin no one knows what price will come next but surely it will higher one to serve people.
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December 28, 2017, 11:28:06 PM
 #96

DON'T PANIC. HOLD YOUR BITCOIN.

I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.
I totally agree with you. I also think that this downfall on its market value is just temporary and will eventually increase. Holding would be a much better idea than to sell because of panic. As you've said, we should buy to take advantage of the low price. The investment will be fruitful once its value again, increases.

I also do not think to panic. I have been trading for a long time and trading Forex, so I understand that Bitcoin just got a correction now. Soon the growth of Bitcoin will continue.
Yes, this time the correction has been taking longer time than that of the time in the past. Panic is quite common with the cryptocurrency, but the one who has experienced it won't get into the panic state. The concern person will surely try to multiply or increase his holding value of bitcoin.

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December 28, 2017, 11:59:42 PM
 #97

Obviously, bitcoin will always reach a higher price over time, especially after bitcoin scale problems be solved.
The rule is; never sell your bitcoin at cheaper price.
Bitcoin predicted may reach at least $500K or even $1 Million, if you want bigger profit, just believe in bitcoin.
What makes it possible? Bitcoin usability as a better monetary system which you can transfer funds wherever you want as easy as sending an email.
Even Japan and Belarus have legalized bitcoin as means of payment, it just time matter until more countries accept bitcoin as a new financial technology.
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December 29, 2017, 12:14:35 AM
 #98

We have seen Bitcoin like this many time so I bet to those who are  more than six months in the industry will definitely know that bitcoin will eventually rebound and surpass its previous ATH.  I only hope that new comers will look at the price historical chart of Bitcoin for them to be able to identify this scenario and not be shaken by the current dip of Bitcoin.  I believe Bitcoin will be higher on the following months so there is only one option for me and that is to HODL.

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Mrphils
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December 29, 2017, 12:16:15 AM
 #99

This thread was very helpful.... Thanks
pixie85
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December 29, 2017, 01:18:22 AM
 #100

People can't handle their anxiety and  is selling their coins at cheap prices... I can't believe this turned to be a bad move for long term holders..

We need those downtrends to later have something to regret. Not long ago I held when it was going down to $3000 and I thought to myself if I should sell because it could be the end of the uptrend. I know many people did and later regretted it when the prices were breaking ATH time after time. The forum is full of people who sold at various levels thinking it was the end of Bitcoin, but it wasn't.
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