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Author Topic: Bitcoin now makes me feel a bit worried.  (Read 907 times)
uobaaagrf (OP)
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January 16, 2018, 03:40:41 AM
 #1

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

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A.Delaney
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January 16, 2018, 03:47:20 AM
 #2

Relax. Go do something else and come back later. Don’t make panic decisions.
BlueRedDot
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January 16, 2018, 03:48:58 AM
 #3

I have started to look for some answers about BTC drop as well. Do we know why its still down now? Is it the fake "Korea news"?
manyu22
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January 16, 2018, 03:54:30 AM
 #4

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?
it's better to live everything there is no sense of panic, because something we do with anxiety that there will be no good results, so whatever our current circumstances, we should not be nervous or panicked.
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January 16, 2018, 03:56:13 AM
 #5

It is not bitcoin which makes one feel a bit worried but it is the nature of business and expectations of the people from it which make the people feel worried.  Few years back with the invention of bitcoin;  some early entrants earned huge profits by investing in bitcoins.  Their huge profits attracted many more people with the same objective of earning huge profits from it.  Many people still earned huge profits but their is certain limit of height for every boom after which there may stagnation in further gains and even downwards trend may start.  Human greed motivates him for speculation too and in that case if speculators enter in certain business then chances of big losses  along with big gains are always there and other investors sometimes have to bear huge losses too.  If the plane flies all the passengers fly in it; if the boat sinks all the persons in it are forced to go down the waters.  
But I see future of bitcoin very bright;  also we must not invest the funds which we can not bear to loss.
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January 16, 2018, 04:01:15 AM
 #6

Dont worry too much. This is how it  has been the whole of 2017 and 2018. It Grows , it falls, it grows much more, it falls and so on.
The reds are a part of the Crypto world. Don't give in to panic and dont give in to temptation..

I would say that I was you 4-5 months back. A newbie to this domain. Have seen now what it is and learnt those lessons the hard way.

The market falls and then jumps back. DONT WORRY... take a chill pill.

Invest only what you can affford to lose... that's another start to keep calm.
 

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January 16, 2018, 04:17:16 AM
 #7

We call people who get terrified and sell their stock/coins in a little price decline as weak hands.I bet one time you are in front of your gadget clicking refresh every few seconds, remeber why you have invested in bitcoin assuming you are planning it to hold for a long period of time. Just relax and take advantage always if the price decline.
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January 16, 2018, 04:24:20 AM
 #8

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

You act like a newbie it happens all the time, I believe you have bought bitcoin when it is already higher and you are on the losing side, just calm down like all the others who replied to your post, continue to hold or cry later when you see bitcoin price continue to soar again.

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January 16, 2018, 04:27:54 AM
 #9

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

As long you're gaining don't worry about it. It quiet normal that there is an up and down on prices. That's make more profit for the traders.
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January 16, 2018, 04:29:41 AM
 #10

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?
In current market many altcoins are decline. But we don't worried about that. You just hold your cryptocurrency. This is digital world so anything is possible it will raise or fall whatever should happen in the digital market. Korea problem is affected in the crypto market. Bitcoin circulation is affected in the market. This will be change in soon. So don't exchange your coin. Because any time it will normal in the market.

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paul00
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January 16, 2018, 04:30:36 AM
 #11

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

You act like a newbie it happens all the time, I believe you have bought bitcoin when it is already higher and you are on the losing side, just calm down like all the others who replied to your post, continue to hold or cry later when you see bitcoin price continue to soar again.
This is right do not panic for all the years come I am in using bitcoin this already happen, you just need is to wait for the price to pump again and if you hold your bitcoin right now you can use it in trading so the value of it can make it double so you're bitcoin won't stack on your wallet.
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January 16, 2018, 04:35:06 AM
 #12

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

When did you use Bitcoin? If you were able to use Bitcoin in its early stage and sold some this year or last year then you should have profit a lot. But if you are new to Bitcoin then just check its graph these past years and from that you'll see how good to invest in Bitcoin. Todays Bitcoin price is still higher compared in the past so you shouldnt worry to much. While waiting for it to grow i suggest you look on other crytocurrencies.

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January 16, 2018, 04:38:05 AM
 #13

market is bad right now because so many fud out there, we can just relax and do something we like and back when the whales already buyback at low price
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January 16, 2018, 04:41:27 AM
 #14

In my mind, this is a situation that can be said is still normal, the price bitcoin and altcoin not go down so drastically. Bitcoin prices only dropped from $14000 the smallest down to $13200, then after that rise again to $14000 this is what happened a few days back. I think the bitcoin price is still fairly stable.

Then, what are you worried about? did you have doing research about investing in bitcoin before? We know the price of bitcoin is very volatile, and I think you should know that. So, if you have any worries about investing in bitcoin I don't think you deserve to be here.
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January 16, 2018, 04:43:16 AM
 #15

It's true that a lot of coins are now down and even bitcoin also goes down, it makes me worry and nervous to think about the next step, but it would be better if we remain confident and pray for everything to return to normal and not make us lose
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January 16, 2018, 04:49:44 AM
 #16

The situations of like this, I'm sure it's only temporary. Do not let the existing situation to weaken you to keep trying to gain a various profits that can still be obtained.
Just keep optimistic and confident, investing or trading.. it sure will still be able to produce a good profit. And still many ways/ another choice if you will doing investing. On bitcoin.. I think it's still would be profitable for a long term investment.
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January 16, 2018, 04:52:40 AM
 #17

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

When you decide to trade especially on cryptocurrency , you must ready the risk that crypto provide the volatile value unlike wall street 's value that quite stable.
For me as investor, I keep purchase bitcoin every month and keep hold it as long as possible also watch every news especially about Bitcoin issue

~Hold and Don't Panic

Smiley
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January 16, 2018, 04:52:41 AM
 #18

i don't see anything that requires any serious concerns. there are the same issues as there always were such as the scaling issue which has been with us for at least 3 years and now we are just seeing the effects of it in form of a high fee.
other than that, with bitcoin keeping the price up even though it has risen more than 1200% in last year is a pretty good sign of a strong demand.

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January 16, 2018, 04:54:24 AM
 #19

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?

All you need to do is have a ton of patience. Weak hands always fail. We are currently experiencing a massive price correction. After this, expect that there will be upcoming pumps. This are just a common scenarios in the crypto world. Hodl is the key for huge profit. Believe in your coins.
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January 16, 2018, 04:54:30 AM
 #20

It's true that a lot of coins are now down and even bitcoin also goes down, it makes me worry and nervous to think about the next step, but it would be better if we remain confident and pray for everything to return to normal and not make us lose
Yes exactly.We should not panic in times like this.I bet before we go into investing,we are already aware of its fluctuations from time to time.So this is just a normal scenario for bitcoin and even some of the coins.Worrying makes us feel more down thinking of the possible losses any time  from now,so we should always look the bright side of bitcoin.Bitcoin is very promising so it will not be easily broken down.Have faith in bitcoin.

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