Why we should not panic about the Bitcoin price.

[lablab03]

I absolutely agree with the author. There is no reason for panic, most bad news about btc is a fraud, to reduce prices. We believe in the nearest growth  of all cryptocurrencies.

 Yes there's no reason to panic if you already know how the market play because in fact market always recover so no need to worry , and those who always saying the market will collapse constantly and will die is just fuds wherein posting nonsense topic without evidence on their technical analysis. So we must bear in mind to don't panic , just relax and always control the emotions  to prevent regrets.

  

[batang_bitcoin]

There's no need to panic, we are still up 100% by last year and if this turns out to be continuous, we will see some new all time high's soon.

Another thing is there are big companies that are opening new exchanges which will allow more money to come in for its market cap. Panic sellers are only scared of what the few people are saying and these people are Belfort, Gates and Buffett.

We should not panic because Bitcoin has the potential to grow as it continues to offer opportunities for quality of life. If you get to study and understand the market, it's demand keeps on increasing, more establishments and countries are now accepting bitcoin. There's no need to rush or panic because more are in development and as long as we continue to support and promote, it will survive.

The potential of bitcoin has been said many times and we don't have to discuss it anymore that's given. Settling the opportunities that it can give to the quality of living.

Bitcoin is starting to give an idea to the society about what decentralization means and most of us likes the technology and what it really means.

[okala]

The historical data has shown that bitcoin has the potential to recover after a huge dump and that is what is very important for us. We have seeing that this time last year bitcoin was not up to 2000$ but just few months of positive news it get serious bullish and in December it was priced $20,000. I am not panic and I am keeping on holding.

[ASHLIUSZ]

Each and every move taking place with bitcoin is completely upon a state of trust. With this there is no need of any panic about the market, we need to make use when the market is supportive to the target of us. With bitcoin predictions and the speculations were more common and the coincidence will yield profit.

[mindfly09]

Because their is no reason to be panic because the price of Bitcoin is dropping.Bitcoin is volatile so it will not continue to drop down or will stay to Lower value we need to wait and also we need to have faith because I know Bitcoin Will recover again and rise up again.Just keep our coins because soon we can get a good profit.

So just relax if we see the price is low, because its just a normal that the  price of bitcoin is changing. Sometimes we see that is low but it doesnt it will stay, after that it increase again. So lets have a patience and hold it until the price will high.

[miyaka26]

Both weak handed and newbie people have no knowledge about this points that the Op mentioned or they are just in the crypto world for the hope of getting rich in just a short period of time without bothering any of these resulting in frustrations because they don't know what would be the next move when the bear run strikes, just chill in the corner if you really knew bitcoin in the first place price crashes are simply just fine to you.

[tony kurniawan]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.
11. The halving, the 50% reduction in block rewards on the Bitcoin blockchain, is only 2 years away. The reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020.

So, looking at the positive list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

No need to panic in the decline of bitcoin, because we know crypto market is unstable, bitcoin can fall low but can increase again. If you believe you will benefit from bitcoin.

[reinielle26]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.
11. The halving, the 50% reduction in block rewards on the Bitcoin blockchain, is only 2 years away. The reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020.

So, looking at the positive list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

Its a good thing facebook has reversed their decision. I hope there will be lots of facebook campaign again in the future. Crypto is getting a lot of stronger. The more countries that accept crypto the more investors we will have. I agree, lets just be optimistic.

[HiringYou]

We should not panic about the Bitcoin price  because Bitcoin is known for it's volatility.So these rise and falls are very common in case of Bitcoin.No doubt that regular drops are being noticed in the price of Bitcoin but it has the potential of recuperating from such drops and it will soon bounce back from this drop also.So we will only face loss by commiting the mistake of panic selling. So have trust in Bitcoin and keep holding your BTC's until you find a better price to sell.

[maarx]

There is no reason to get panic about bitcoin price,  because we all know the price of bitcoin can always fluctuates. Ups and downs are normal in the bitcoin market,  if the price would go very low means you can use that chance to buy more bitcoins. In future it will be more helpful to you. The price of bitcoin always face first downtrend and then only it starts to increase. If you are a long term crypto user then you know about the market stratagies. So never get panic about bitcoin price.

[kodtycoon]

Because bitcoin prices have properties that are always volatile or down and up in the cryptocurrency market is already the norm we see, therefore we do not need to panic in the event of dumps, because either the bitcoin price or the cryptocurrency market has a great chance to recover in the future . If we always panic about the falling prices, then you will always regret when the market recovered well in the future.

[richardsNY]

The historical data has shown that bitcoin has the potential to recover after a huge dump and that is what is very important for us.

If Bitcoin has no problems recovering from a $1150 to $150 dump then it will have less problems with recovering from current decline. The amount of fear that we see comes from the sheer number of newbies who entered the market in recent times -- they don't know that Bitcoin has done some crazy shit in the past. Most of the people who experienced this correction will end up being way stronger mentally, because if you can withstand this correction, you can withstand pretty much anything else because I don't think we'll ever get to experience another 2013 situation. All increases and decreases will become less extreme in every possible way.

[BitHodler]

All increases and decreases will become less extreme in every possible way.

That's a sign this market is actually maturing. It's a much needed step to move towards stability to utilize Bitcoin's currency utility. It's something that should be the center of attention, but the only center of attention is speculation.

I wonder how this will change the mindset of governments towards Bitcoin. I'm sure that they don't like seeing Bitcoin become a widely used currency. They are probably laughing at how it's only used to speculate with right now.

Governments are all nice and friendly when things aren't seen as a direct threat, but that friendliness might not last long with fiat facing a powerful and decentralized competitor. It will be something to follow for sure.

[jho0810]

Because if you will panicking it will cause of losing your money and it will cause of dumping in the market. Actually we don't need to panic it's because the price is dropping it's opportunity to buy more.

[Sony.UK]

Because if you will panicking it will cause of losing your money and it will cause of dumping in the market. Actually we don't need to panic it's because the price is dropping it's opportunity to buy more.

Mostly crypto investors are panic in Bitcoin price fluctuations but still many of them buy more crypto so panic peoples are less ratio in crypto market. May be we will get good result in as soon as possible and we should hold for long term definitely we are the good traders in all the time period.

[SirLancelot]

The future is so bright for all crypto world. More and more people keep pouring into crypto and that can only mean one thing. A lot of new users for all of us, they will want to buy. Since they will buy, means the price will go up. The more people who wants to buy means buy/sell ratio will be unbalanced and more people will want to buy compared to sell. We need constant new people to keep this up.

At one point there will so many people who are in crypto that people who sell will seem incredibly small numbered and it will go to prices we never even imagined

[Leomarco]

Because the price now still more high than july last year.  So i think the price now is still normal. Just hold and see in the end of this year.  The price will grow up again and more high than the end last year. 

[safarabela]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.
11. The halving, the 50% reduction in block rewards on the Bitcoin blockchain, is only 2 years away. The reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020.

So, looking at the positive list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

Yes, I believe bitcoin will increase again, bitcoin is the most popular and there is no reason for me to think bitcoin will die. Bitcoin can grow and become a global currency.

[NereuFajardo]

Because the price is irrelevant now, i am only thinking on the technology and the way that i can store my crypto safely and how to protect the value that i have, i dont care much about the price and how it grows or something else, it is irelevant for me

[Mateo123]

I took one step back this weekend and I spend some time, thinking of the reasons why we should not panic about the drop in the Bitcoin price and this is what I came up with, :

1.  The Bitcoin demand is still very strong and a lot of Merchants are still accepting it as a payment option. < I see more shops in my local area that started to accept Bitcoin >
2.  Bitcoin ATM installations are on the increase. < Also in Africa >
3.  Institutional capital has not even entered the market yet.
4.  The Lightning Network <Bitcoin's scaling solution> has not even been fully implemented yet.
5.  We are much stronger than we were last year. <Price wise>
6.  Facebook has reversed their decision to ban Crypto currency advertisements.
7.  Governments are not banning ICOs, but rather regulating it.
8.  Most long-term investors are still optimistic about the future of Crypto currencies.
9.  The Fiat system and the world economy is still struggling, so it is not just Crypto currencies.
10. We still see companies pushing innovation, by introducing new Apps & Games that supports Bitcoin.
11. The halving, the 50% reduction in block rewards on the Bitcoin blockchain, is only 2 years away. The reward for successful Bitcoin miners will drop from 12.5 to 6.25 BTC per block in May 2020.

So, looking at the positive list above, why should we panic? If you can think of more reasons why we should not panic, please post them here and I will add them to the list.    

Let's focus on the positive things and forget about the dropping price. < Most of that is manipulation >  

Indeed ,if we are just well educated about bitcoin, we have nothing to worry about the present and the future ,it is decentralized an extraordinary and amazing thing, personally i have no doubt investing in cryptocurrency, lets all have faith the technology behind it.