What can be done to stop bitcoin price from sliding down again

[Nisharawal]

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

The price sliding which is seen in the bitcoin price chart is due to many reasons which occurred in the last few weeks and I can say that right now we can see some strength in the crypto market soon especially in the bitcoin price charts as there are few candle pattern occurred in this week with some large volume in action and now not only Singapore but also countries like China, India, Nepal and many other countries are against the Bitcoin and another crypto from last one month and this type of news spreading is the major cause for the bitcoin prices to fall.

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[yoseph]

In my opinion, the BTC is the same as the commodity and gold.

If a lot of people buy BTC I think BTC price can go up!

Any market is about supply and demand! That's the rule!

That is indeed true and now that investors are afraid of putting their money into bitcoins, Its going to be a while before the price can fully recover but the good thing is that the dumping has stopped for the time being which is very good.

[Fuhre]

Tricks of the trade should keep us calm and not be too quick to make decisions. most users of BITCOIN if you see a situation like this panicked and immediately sell it, but that kind of thing that makes the price down. preferably Waiting in the wings and keep holding it until the price recovers.
I think for now there is not much that can be done, we just need to calm down and do not panic. if expecting a stable price is not possible and you should know that the rise and fall of its price is not strange because that is where the savvy users take advantage.

[nikjain422]

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

The only thing that can stop bitcoin to slide down again is when people stops selling their stakes in loss due to panic situation.Selling of bitcoin is a major setback as it reduces the market cap and that affects alts too.One more thing that we can do is avoid believing in FUDs and fake news.This kind of news are the major weapons of person or group through this they make people to panic and sell.Soo it should be avoided.

[DomainTorrent]

When bitcoin's price goes down, just relax and have patience. In fact, it's the best time to buy bitcoins when they are low. Hold on to your bitcoins and don't panic like others do. If there's more demand than supply, of course it's one contributing factor of making bitcoin's price goes up. Those who easily get nervous and dispose of their bitcoins, they're more than likely helping the bitcoin's price sliding down the road.

[Memenya]

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

Well, the price of this bitcoin makes us worry about that.
It could be deeper again because the news is not stoping yet. But its not a big matter for us now. We have the good way to stop it but its very hard to do it. Tje way is just hold bitcoin that you have. Dont sell it then the price will back up. Dont panic anymore buddy

[Fotoriki]

The exchange rate of such currency as bitcoin is formed due to active demand, as it happens with other currency assets. But since bitcoins have a low total market capitalization, the bitcoin exchange rate is strongly influenced by the massive hype and big players. Global demand and the fall of any e-currency occur regularly, and it depends on the willingness of users to buy e-currency.

[readygoaw]

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

This can not be done, because even an good currency sometimes falls down. Bitcoin have greater volatility than regular currency and accordingly losses will be greater.   

[9emb3lelit3]

in the world of investing, we never know when stocks will fall or rise, we must be obliged to always see the market price of whether it is down or up, as well as dibitcoin this, because bitcoin investment just like other stock market, there is up and down. if bitcoin is down it's time for us to buy it, and if bitcoin is rising it is certain we sell it according to our personal desire. this is the world of investment, we must always look at the market price in every time, and we also have to be patient.

[felipe04]

No it's good if bitcoin go down or go up because we can earn by that i think all users want that cycle of btc price and it's run by that,Think if the price of btc is stable only i think the earning here will become little only and some investors will not do some business here again like they will bitcoin.

[Boysen]

There are a lot of things you could do to prevent or at the very least alleviate abd lessen the damage of bitcoin's continuous dips. Tge most important of tgese things is not practicing panic selling. As this activity hurts bitcoin's value therefore crippling and hindering bitcoin from recovering at its losses. Another is buying when the price is down. This measure is intuitive since when you buy, you are not only helping bitcoin recover but you are also discounted since bitcoin's value is much cheaper at declines. And you can ensure an increade once the dip had stopped.

[bitbunnny]

There is nothing to be done to prevent Bitcoin price from falling. This is normal process and it's impossibe for Bitcoin price to rise all the time or even to stand still.
What everyone can done once that happens is not to panic sell your coins, this could only make situation worse.
But I guess this is the question of experience.

[dunfida]

No it's good if bitcoin go down or go up because we can earn by that i think all users want that cycle of btc price and it's run by that,Think if the price of btc is stable only i think the earning here will become little only and some investors will not do some business here again like they will bitcoin.

Traders would always prefer on having a volatile movement of bitcoin and into other altcoins in the market which they can really make out money into these movements.You are definitely right.Earning would really be too little if bitcoins price tends to be somehow on stability or minimal movements.For sure traders would really lose out their interest on trading up bitcoin. This is why price corrections do normally happen and there are lots of fundamentals do affect it.

[Javed zaman]

Bitcoin can be stopped from sliding down if more people start buying bitcoin. As everything depends upon demand and if the bitcoin's demand increase, its value will increase significantly.

[fattyforhire]

What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.

I'll tell you more. Germany legalized bitcoins. Based on the news, cryptocurrency will grow. This process is inevitable and there is nothing wrong with it.

[baby222]

Having people who buy massive amounts of Bitcoin. It is just a matter of time till this happens. History should teach us something