deean_3one
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February 03, 2018, 08:45:07 AM |
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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!
Yes I agree with you. All prices are currently down to the bottom. All I can do is hold all my coins until the price is high.
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hot_ads
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February 03, 2018, 08:48:43 AM |
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The analysis is good, though some of the points are wrong, but they are generally correct, if you have to have a good faith in bitcoin. For example, I am still buying and holding bitcoin despite its ups and downs.
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JohnMacZeppelin
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February 03, 2018, 08:58:48 AM |
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I also think that it's probably not necessary to panic, because a lot of people have already sold their bitcoin for cheap, so it's probably already necessary to stop panicking and start buying bitcoin, so cheap it was last year in the fall
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Pertor
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February 03, 2018, 09:05:26 AM |
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What is happening now, people who have panic may have invested much more than they can afford to lose. Better now to extend your vacation, because we see a big market correction. So wait, when will be Chinese new year and after it is possible to make further decisions. At the moment
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tachi641
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February 03, 2018, 09:08:37 AM |
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I agree, buying right now is the best advice and option for all of us. It may rise up soon. There is actually no need to panic a lot. Give patience everything will be on track back.
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Shiplu5555
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February 03, 2018, 09:15:30 AM |
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People are creating imaginary FUD, small investors are paying the price of panicking after seeing the price goes downfall. And big whales are taking advantages of these situation. You must not panic and sell coins from your portfolio. At a times like this remain calm and composed will be rewarded later.
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dudov
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February 03, 2018, 09:16:53 AM |
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I think the panic is over, let's buy back everythin with a cheap price!
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ashaksagnis
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February 03, 2018, 09:23:57 AM |
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I think the panic is over, let's buy back everythin with a cheap price!
i hope so too . Time to buy. There was huge panic sell . i thought it will go down to 5k. Now its almost 9k. maybe it will go down again.
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Pain Packer
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February 03, 2018, 09:32:50 AM |
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I panic at first. But asked some veterans on the bitcoin league and they said the same to me. Don't sell your coins, it is just bitcoin taking it course as a market. It has it ups and down like the first years but it will eventually bounce back harder.
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mrnikita
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Activity: 115
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Blockchain Identity Verification
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February 03, 2018, 09:41:03 AM |
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The other greedy u stay fear, the other fear u try greedy. This is a way to win or just buy some value coin and leave them alone and wait for 3 years.
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sangalangdavid
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https://streamies.io/
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February 03, 2018, 09:52:25 AM |
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The other greedy u stay fear, the other fear u try greedy. This is a way to win or just buy some value coin and leave them alone and wait for 3 years.
It is normal for bitcoin to drop its price. I have my tokens but I am going to hold it up until the price of bitcoin increase again. I'm sure that the price of the bitcoin will go up again because of the investors and we should not be greedy because we will have a regrets in the end.
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wayaneka
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February 03, 2018, 09:53:07 AM |
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Yes that right dont panic, this down trend just temporary and will be change to up trend. In all markets there must be there are up trend and down trend and now I see down trend has ended and will be replaced with up trend, so investor or trader who still floating minus be patient waiting for up trend.
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Kurokyy
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LETS GO ADAB
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February 03, 2018, 10:18:25 AM |
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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!
thats the spirit! keep fighting, there is no room for selling now and instead lets buy some more bitcoin. Thats the right things to do in a scenarios like this. If we can handle bitcoins worst then we deserves his best
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totnaksquad
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Activity: 182
Merit: 10
Revolutionising Marketing and Loyalty
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February 03, 2018, 10:50:34 AM |
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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!
We have the same point of view,and im doing that trading tactics,buying more coins when it dipped,this is a great strartegy ive been using for more than a year,really helped my to survived this long.These people who are doing panic selling are stupid investors which doesnt believe in bitcoin's technology thats why they are dumping bitcoins when theres a FUD.
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Mrs Troll
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February 03, 2018, 10:55:56 AM |
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Too sad but most hamsters don't read such alerts. They are too busy for this with buying high and selling low Anyway - nice try.
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ignorans
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February 03, 2018, 10:59:39 AM |
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This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes
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xindoa
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Staker.network - POS Smart Contract ETH Token
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February 03, 2018, 11:01:17 AM |
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This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes
i agree. huge dip but because most of my coins were in the red i had no cash to buy the dip. always leave some cash so you can buy at a great time.
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therpecan
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February 03, 2018, 11:03:58 AM |
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As a new user its hard to not panic, when you see so big swings and all your money is there:( hope i will be more rich in future and this swings will be small to me.
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bumbumcifra
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February 03, 2018, 11:05:56 AM |
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It would be fantastic know if the market is going to bounce up or going down again
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cryptozobo
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February 03, 2018, 11:08:54 AM |
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Until you cash out, you haven't made gains or losses. Have confidence and ride the waves!
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