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Author Topic: Don't panic!  (Read 2198 times)
anjohyx
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February 06, 2018, 07:06:54 AM
 #341

We can't do nothing about its unstable price. But we shouldn't have to panic because it's normal.
You can instead buy btc or wait for its price to come back. But remember not to sell your btc.

bitcoin is bad and sink, why are you so sure this will all return to normal. from where you know about it so I'm sure and hold my Bitcoin up again
we don't know this downtrend until when, dip back to 1xxB marketcap or suddenly rising back to $5xxB marketcap ? , I don't panic , just let them playing the price right now , I'm just hold my coin and wait for price fly to moon again

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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February 06, 2018, 07:07:15 AM
 #342

I think panic sell has not started yet. We are approaching to this time and now we just have to wait what will happen

it's the least we can do,
but yes we already see -50% of bitcoin in just acouple of days, but each time bitcoin make it quicker and deeper, this times it's a freaking dive, hope it will stabilize and come back to a healthy grow. at the moment it's the backbones of the 2017 spike ...

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Xfactor06
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February 06, 2018, 07:11:09 AM
 #343

Agreeing to this one. There has been cases that the market reaches 90% drop, so why worry? If you really know the vision of satoshi then i'll tell you there's no bottom my friend.
tornikejr
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February 06, 2018, 07:14:24 AM
Last edit: February 07, 2018, 07:55:47 AM by tornikejr
 #344

Its very hard to look at situation on the market and not panic, but another hand it is too late to sell and only right decision now is to take vacation from crypro before situation changes on the market.

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esgdrhlg
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February 06, 2018, 07:39:57 AM
 #345

Good advice. I am also aware that the market is on down trend. But it's really hurt when looking at my investment decreasing day by day T.T
There is no way, you must learn to endure this kind of thing. Tomorrow will be better, and personally, I think the bitcoin price is now very close to the bottom, and I bought 500,000 SC yesterday.
bumbumcifra
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February 06, 2018, 08:13:09 AM
 #346

The only one choice is to hold your coins and look for buying more
RieL
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February 06, 2018, 08:35:20 AM
 #347

As of now i am in the middle of calm to panic due to the drop of the bitcoin and altcoins but i change my mindset to use this oppurtunity to buy more altcoins due to its price it is very low but choose the right coins to buy because there are some mix dump and dying ones
Psalms236
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February 06, 2018, 08:40:43 AM
 #348

To  panic is  just  a  normal response,  but it  can't help,  If  the  price goes down be calm and wait patiently until it rise up again. Just like any other commodities in the market rising and falling is just normal.

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February 06, 2018, 06:07:08 PM
 #349

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

If you were entering with the target of 30,000 dollars for 1 bitcoin with the investment horizon of 1 year. Then what's the point of panicking?


that's why still hodl all my coins and tokens. Because I tell to myself that I'm not gonna watch my account till nex December Smiley) Hope, next December price will be more than 16k  Grin

bellanas
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February 06, 2018, 06:18:19 PM
 #350

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

If you were entering with the target of 30,000 dollars for 1 bitcoin with the investment horizon of 1 year. Then what's the point of panicking?


that's why still hodl all my coins and tokens. Because I tell to myself that I'm not gonna watch my account till nex December Smiley) Hope, next December price will be more than 16k  Grin

That's what patience needs to have. A whole year just wait. It's so simple and so difficult at the same time. For me, waiting is sometimes harder than acting.
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February 06, 2018, 06:19:58 PM
 #351

For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!


Yeah, good advice. I think criptocurrency is at the bottom of correction  at present. It is perfect time to buy and hold for profit

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February 06, 2018, 06:21:45 PM
 #352


you do not need to panic if you panic, you are losing right now it's time to chase new investments you think you will regret next year you will make the worst thing to do is to exit from investments

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February 06, 2018, 06:21:59 PM
 #353

Don't panic because it is normal when the market price drops, there always be ups and downs, be patient. Just wait until the price explode again, but if you think this is the time, the best time to buy coins because the price drops, hold it in long term, then when the price goes up, it gave you more profit..
Are you sure that when the price fell 3 times, then it will also suddenly rise to current values or higher?

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February 06, 2018, 06:46:53 PM
 #354

I completely agree. I see most of my crypto friends having sleepless nights. Meanwhile, I am just thinking long term benefits. This is a golden opportunity for us to invest more in Bitcoin.
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February 06, 2018, 06:49:54 PM
 #355


absolutely and absolutely no need to panic. panic will only cause us to lose important to remain calm and continue to invest all together we will see our investments in very beautiful places
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February 06, 2018, 06:57:41 PM
 #356

yes you are right, and thanks for the advice I am still holding my coin, I will also buy as much and hold for profit, I want to cover my loss
markers
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February 06, 2018, 07:24:23 PM
 #357

If you haven't used leverage and have money at hand, the current market drop is ideal situation for you to increase exposure to crypto by buying coins/tokens at very lucrative prices and get fantastic returnt during market rebound.

batier84
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February 06, 2018, 07:48:28 PM
 #358

This does not happen for the first time. Such movements in the market were before this. At the moment no need to panic. I suppose we'll just have to wait and see what happens.
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February 06, 2018, 10:19:20 PM
 #359

If you haven't used leverage and have money at hand, the current market drop is ideal situation for you to increase exposure to crypto by buying coins/tokens at very lucrative prices and get fantastic returnt during market rebound.

Here is the correct view from the point of view of the crypto-investor. This drop is a chance to buy at a good price. But do not forget that you can not risk only a large part of your investment capital.
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February 06, 2018, 10:23:42 PM
 #360

Crypto trading is risky, masternode mining is awesome, find a solid coin and HOLD!!!

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