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Author Topic: bitcoin falls again: how to react  (Read 251 times)
Jonsnowstark
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March 14, 2018, 10:21:27 AM
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Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

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cryptogideon19
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March 14, 2018, 10:27:57 AM
 #2

I think it's part of Flow of Market, Many People right Now Know about BITCOIN, and Make study from it, and All new in Crypto just bought bitcoin and Sell it whether it's too low from what the price they bought. I think All those PANIC seller will crush bitcoin Smiley But I believe it will not last Smiley Bitcoin have great foundation and it will never getting low and low again Smiley

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March 14, 2018, 10:51:01 AM
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Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
I agree with you. Now we are all experiencing not the best of times. Demand for bitcoin has fallen, the price is also falling. People are less interested in bitcoin and crypto-currencies. But I'm not worried about this, because I'm sure everything will be fine, for the bitcoin is the future.
cryptodadach
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March 14, 2018, 10:53:51 AM
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nooooooo...

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boranes
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March 14, 2018, 10:58:14 AM
 #5

It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
billykannithi
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March 14, 2018, 11:10:01 AM
 #6

Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
Your ideal is such as a brillian ideal till the moment you do not have any fiats left in your pocket and your coins are still going down and maybe they're going to disappear and what are you gonna do in that situation ? Buying when they're at the bottom price is good but buying in the blindly way is totally different.

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Question123
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March 14, 2018, 11:11:11 AM
 #7

The bitcoin price is our hands if many people sell their bitcoin the possible  happen is the price decrease while if the many buyers for sure it will increase the price.  The better we gonna do if we see the price of the bitcoin decrease we must buy more bitcoin and hold it for few years because for sure bitcoin will increase again . Just hold your coins and do be pani and keep buying.

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March 14, 2018, 11:11:56 AM
 #8

It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
It's hard to use as a payment processor since it showed the fee is too high comparing to real payment processors like Paypal. I don't think it will be useful in future or act as a payment processor as per the fee.
ajaymukund
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March 14, 2018, 11:14:08 AM
 #9

Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
Please wait and buy more bitcoin. I have implemented this strategy many times and I am always profitable. Take market analysis carefully and you will make the right investment decisions.
I advise you not to be too worried about the cost of bitcoin as they will continue to increase in the near future. After June will be the prosperous period of the altcoins.

wireless1889
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March 14, 2018, 11:17:03 AM
 #10

The fall of Bitcoin shouldn't be a thing to be scared of because it will once again will go up. There are factors that affect bitcoin's value that is uncontrollable and all we can do is just hope that it goes up. When Bitcoin's value goes up though it is a hundred percent profit and is a high one. So whenever there's a price drop don't freak out and sell it right away because by selling it you will only lock yourself up for an upcoming profit.
louie69
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March 14, 2018, 11:19:31 AM
 #11

It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.

Agree, bitcoin currency is not just only for the purpose of putting an investment wherein it does also have the means to be use a payments for bills and money transactions. In that way, bitcoin will continue to evolve and will start to progress as days pass by. It would much be better if people will be aware and be educated in order to prevent bitcoin from dropping it's price. I think with this forum, people may be able to learn about bitcoin and the should learn the basics of bitcoin on how to handle in a situation like this where bitcoin is continuously on dip.Just hoping for a recovery soon.

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Requim
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March 14, 2018, 11:20:52 AM
 #12

Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Well you cannot actually force people to stop selling since it is their money. People panic during this time because they want to avoid losing their money. All the bad news spreading is making it more easy for big market players to manipulate the price and I am sure soon bitcoin will rise again once market players start buying bitcoin at cheap price. So, it is better to be just patient.
ElizRu
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March 14, 2018, 11:22:08 AM
 #13

More and more standardization and regulation of the price of bitcoin occurs. Interestingly, he will return to its original value?

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March 14, 2018, 11:24:34 AM
 #14

You know people are panic selling, so don't follow them. Just buy more or hodl, that's the good reaction I think. According to news I heard which something like "bitcoin misery index" it says that this is good time to bag up bitcoin and other major crypto currencies.

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chidrawarster
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March 14, 2018, 11:26:21 AM
 #15

I would just keep buying whenever the price drops and start buying at multiple levels.This is the only way to maintain a healthy portfolio and also ensure that we are not buying at highs which will land up in losses and will take much time to close at breakeven as well.Its always advisable to keep the portfolio at good levels.

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desi92
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March 14, 2018, 11:27:39 AM
 #16

It doesn't matter, fud is always around, people need to start using bitcoin as payment method, that's it. but if everyone see bitcoin only as investment instrument it is doomed to fail.
Not only bitcoin, crypto market will fail if everyone is investing in it and no one is using it.
It's hard to use as a payment processor since it showed the fee is too high comparing to real payment processors like Paypal. I don't think it will be useful in future or act as a payment processor as per the fee.

Thats what i always think.
We can make the downward of bitcoin market is not problem with us if we can use it as payment and not only for investment.
Investment and payment system should be exist in bitcoin blockchain in order to make bitcoin not fail.
IgniHash
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March 14, 2018, 11:27:59 AM
 #17

We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.

Sometimes, the best way to react it is relaxing and watch your favorite movies. Forget it about the price.
Hold it if you believe your assets still have a great value. We can't counter the bad news.
The capitalist is behind this FUD. They hate a decentralize technology. Even google will ban ICO ads.

RebelSnake
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March 14, 2018, 11:33:46 AM
 #18

As well as the last time, this is a normal situation. There are strange things: when the dollar depreciates, people are like "oh, it's dollar depreciation.. i'll just go and eat something". When the BTC depreciates: "Oh my got, what i have to do now? It's the end of the world, i was so young".
bitfocus
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March 14, 2018, 11:36:43 AM
 #19

any long-term investor buys in a dip market for 2 things - to make the purchase price lower with Average Cost and get more coin in chip for long-term holding. I think that is the best way to react for a situation like this.

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March 14, 2018, 11:40:31 AM
 #20

Bitcoin price drop is simply because of the law of supply and demand. If a bad news was released, many people want to get rid of the coins they have due to panic. Sometimes fud after fud comes out so all the more people lets go of their kept coins thus further lowering the value of bitcoin. So if more people sell, more bitcoins are available for sale. This lowers the demand for bitcoin resulting to decrease of its value. So to counter that, instead of selling our coins out of panic, we must buy more coins to leverage the amount of sold coins. We must do this together so that any fud or bad news won't affect the price of bitcoin. The price of bitcoin is in our hands. Let's help each other.
I agree with you. Now we are all experiencing not the best of times. Demand for bitcoin has fallen, the price is also falling. People are less interested in bitcoin and crypto-currencies. But I'm not worried about this, because I'm sure everything will be fine, for the bitcoin is the future.

The best part when the price drops is we can buy Bitcoin in cheaper price. So we don't have to panic and sell our stocks just because of some drops. Remember that Bitcoin already had this situation where there are corrections happened, yet Bitcoin still surpass those circumstances and even grow after those drops.

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