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Author Topic: Bitcoin now makes me feel a bit worried.  (Read 647 times)
HasHe
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January 24, 2018, 11:42:08 PM
 #141

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"?
I think that the time to take off has come now with south Korea coming down to just levy taxes on cryptos instead of completely banning. Also we should consider that Indian government is taking strict actions against bitcoin holders there and it has lessened the number of investors in bitcoin.That might also be a reason for downfall in bitcoin price.
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January 24, 2018, 11:50:21 PM
 #142

Quotes are in decline for many coins now. This situation makes me a little nervous, what should I do now?
The price volatility is the nature of bitcoin, everyone will be happy with price rise and worried about the decline, don't be panic or nervous at such situations, if it goes low it will recover for sure, now little correction has occurred in bitcoin and is showing an upward momentum so I feel all worries will vanish soon.
Just close your eyes and relax to look at the market condition where it seems someone play it with huge amount of money.
They are trying to dump and makes a new investor to get panic and cut the loss which it is a benefit for them to gain some profit.
Hold your coin as a long term investment , spend it some and you will feel more than happy to see the future bitcoin price , just like when it moves from $900 to $15k.
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January 24, 2018, 11:58:38 PM
 #143

Why would you be? I lot of people whom have been into cryptocurrency for quite a long time do say that the cryptocurrency business is not for those whom have a soft mind or febble mind, because there is always so much risk involved in it. You need to tough up and know that all dips shouldn't call for an alarm. You need to remain calm to think, watch the market in other to know your next move. Been nervous can cause you to make regretful mistakes.
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January 25, 2018, 12:31:18 AM
 #144

This kind of scenario is not new to bitcoin. It is just the nature of volatile cryptocurrency market really is. As I can see there is noting to worry about. Instead, grab this opportunity to buy and hold. Then all you have to do is to patiently wait until the price is profitable enough.
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January 25, 2018, 04:16:17 PM
 #145

This kind of scenario is not new to bitcoin. It is just the nature of volatile cryptocurrency market really is. As I can see there is noting to worry about. Instead, grab this opportunity to buy and hold. Then all you have to do is to patiently wait until the price is profitable enough.

Yeah. If you're that worried then you probably haven't been that long into bitcoin and crypto. Its normal to feel a bit anxious and uneasy when its you're first time seeing all those reds, but take it from experienced traders, this is an opportunity that doesn't come most of the year.

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January 25, 2018, 04:32:10 PM
 #146

This kind of scenario is not new to bitcoin. It is just the nature of volatile cryptocurrency market really is. As I can see there is noting to worry about. Instead, grab this opportunity to buy and hold. Then all you have to do is to patiently wait until the price is profitable enough.

Yeah. If you're that worried then you probably haven't been that long into bitcoin and crypto. Its normal to feel a bit anxious and uneasy when its you're first time seeing all those reds, but take it from experienced traders, this is an opportunity that doesn't come most of the year.

This is correct, non-experienced people always have problems on bitcoin markets. They worry frequently and they get depressed due to low prices.
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January 25, 2018, 05:48:13 PM
 #147

Bitcoin has struggled since the end of 2017. It has plunged on more than one occasion, and its current value is down roughly one-third from its all-time high. But one analyst is predicting a huge rise ahead for bitcoin. The pattern the analyst has seen is for Bitcoin to surge in value, then plunge and plateau for a little while, before surging again. Right now, bitcoin has been kind of building a foundation, and soon it will re-rate a bit higher. So don't worry too much. Worrying too much will do you no good.
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May 27, 2018, 11:39:02 PM
 #148

I think there are not enough reasons to feel worried about the current behavior of bitcoin. You have to take into account that just a year ago its price was $1,000, so it was predictable that this great upward trend that took the $20,000 mark a few months ago was absolutely unsustainable and a consolidation stage that seems to be around $8000 was necessary. Therefore we must be patient before the possibility that the current price range is maintained for several weeks before resuming its upward trend.
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