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Author Topic: Bitcoin's price is not stop falling! What to do?  (Read 527 times)
Nilda
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August 13, 2018, 07:02:56 PM
 #41

Not much you can do in this situation but HODL. Or use the setback to your advantage by using the lull to raise more funds to accumulate more.

Daniel91
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August 13, 2018, 07:03:28 PM
 #42

It's very simple.
You have only 3 choices here.
To buy more, to hold or to sell.
You are the only one who can decide about future action here.
Everything depends on your expectations and faith in the bitcoin right now.


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bitbunnny
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August 13, 2018, 07:46:53 PM
 #43

This drop is not significant and there is no reason for panic. If you don't realy need fiat money, don't sell. This is just usual correction, nothing serious is not happening with Bitcoin and the price will recover, just be patient for a while.
In fact if you have some extra funds invest it further to Bitcoin, this would be good choice.

btyco
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August 13, 2018, 08:04:34 PM
 #44

Anyone with extra funds and some courage should be buying up right now. Not just bitcoin but altcoins as well, it is a buyers market now and it might not stay this way for long. Fill your bags and count yourself lucky.

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Carmon
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August 14, 2018, 05:14:26 AM
 #45

When someone comes to buy BTC he/she should keep a mentality of investment not to do frequent buying/selling. I think its time to hold on but if you don’t want to risk your money then no one is stopping you.
bigblackdeck45
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August 14, 2018, 05:21:48 AM
 #46

Is bitcoin price continues to go down then there is one thing I will do and that is to buy more cheap bitcoins. Instead of getting worried of the price decline why not take this opportunity to buy cheap bitcoin and add to your holdings. I do believe that price increase and price declines are natural in bitcoin so instead of panic selling I would rather buy and hold.
Helex
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August 14, 2018, 05:42:24 AM
 #47

price is decreased day by day and panic seller start to sell their bitcoin but i think this is the great opportunity to buy more or HOLD because bitcoin will be move up very soon and you will get huge profit don't sell just hold.
ganjasmokingg
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August 14, 2018, 05:46:13 AM
 #48

I think we should think positively and hold it for a long time. I have seen Bitcoin price drop to $ 5k per coin, which is too bad but it has risen back to $ 8k3 after 2 weeks.
So the market is pretty predictable. You should invest now before ignoring that opportunity.
killat
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August 14, 2018, 05:57:55 AM
 #49

In my opinion, LET THE PRICES DROP. You know what I believe will happen? New waves of investors will "get in" while they can as prices plummit which will certainly help to stimulate prices. Also, we all know how BIG of a player the PRESS is when it comes to spreading the word about cryptos. In fact, poor press coverage is responible for many ICO failures.

My reason for mentioning the media up is that no news is bad news; no coverage is bad coverage. As we see such large percentile drops within a short period of time (this is the lowest of the year) more outlets will begin to release publications covering the topic.

This means, quite literally, that the declining prices can (and probably will) not only have a turning point but a strong one at that.

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BartholomewBTC
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August 14, 2018, 09:23:52 AM
 #50

your article are helpful. every crypto people should read this article and keep store it. because here is more useful guidelines. bitcoin price will rising and it will make profit. you should study more before invest.
Exhim1940
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August 14, 2018, 09:28:51 AM
 #51

I think its not true. As I know bit coin price is now stable and it will increase. I think it’s the high time to buy bitcoin. Those who want huge profit he/she can bye it now.
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August 14, 2018, 09:36:22 AM
 #52

At the moment, the FOMO bitcoin effect is the same as the FOMO bitcoin increase of the period from December 20, 2017, continue to wait for good results from the market, think the good side of the current time is the new people can owns bitcoin for the best price
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August 14, 2018, 09:38:21 AM
 #53

In my opinion, LET THE PRICES DROP. You know what I believe will happen? New waves of investors will "get in" while they can as prices plummit which will certainly help to stimulate prices. Also, we all know how BIG of a player the PRESS is when it comes to spreading the word about cryptos. In fact, poor press coverage is responible for many ICO failures.

My reason for mentioning the media up is that no news is bad news; no coverage is bad coverage. As we see such large percentile drops within a short period of time (this is the lowest of the year) more outlets will begin to release publications covering the topic.

This means, quite literally, that the declining prices can (and probably will) not only have a turning point but a strong one at that.

For people who believe that someday bitcoin prices will soar compared to today's prices, of course the current price, when there is a decline, is a good opportunity for them to start investing their money. But for those who are hesitant or even do not believe in the future of bitcoin, they are free to sell the assets they have. So, what to do is depends on the confidence of each individual.

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August 14, 2018, 09:40:30 AM
 #54

They dont stop falling to the end of year.
I think need divide 20-30% to the usdt and rebuy alt when new deep reached

AvadaJigurda
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August 14, 2018, 09:50:44 AM
 #55

if you already have bitcoin, the only way to wait and hope for growth. If you are only planning to invest in bitcoin, you may need to wait for the further fall in price, follow the news and when the upward trend begins, you can buy it at a low price.
tazmannia
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August 14, 2018, 09:57:04 AM
 #56

Panicking and shouting on the forum those who are afraid, who can not cope with his fear. If you come to the investment market you must learn to see what others do not see. Some panic, and others are waiting for a great moment. I'm not telling you to buy, I'm telling you to watch and act.
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August 14, 2018, 10:00:36 AM
 #57

I see many discussions about Bitcoin's current situation as "Bitcoin is dead" or "How long will the price go down?" etc...

Well, here's an explanation:

Are You an Investor or a Gambler?
Think about it a little. When you bought Bitcoin at $ 19k or $ 12k, did you know what you were doing or came into the excitement of the moment? If you bought for this price, you should have at least a reasoned opinion that the asset would go up higher. After all, no one buys expecting price drop.

Did you buy Bitcoins using major money in your personal expenses or used a cash reserve?
I saw many people taking loans to buy Bitcoin in December 2017! This is not correct, who is an Investor, uses only the money that is left over, not the money that is needed. You can never use your money in the "expectation" of profits in the short term!

Why is the price dropping?
Bitcoin is undergoing a phase of correction in its price. This is quite common in the stock market for example. When an asset rises abruptly (irrational pricing), it is normal for it to have a value correction (rational pricing).

Will the price rise again?
After the high of December 2017, we could see many people, mainly without knowledge in this market, who saw news like "Bitcoin valued 10,000% in the last 6 months" and began to buy only by the excitement of the numbers. Now, these people who bought Bitcoin at $ 19,000 are desperate for the steady fall in price. Many people are selling accepting a loss because of their inexperience.

Should I Buy or Should I Sell?
This is up to you. Before you make such an important decision, study the market. Returning to the high price situation in December 2017: do you think big players were buying at that time? with the price at $ 19,000? Come on! The answer is NO! They were selling. They bought while it was cheap and sold on the high. This is the difference between Professionals and Amateurs. As one buys low and sells on high, the other buys on the high and sells low. If you want to be an investor, study it. And, more importantly, do not make decisions based on news!


If you identify with this short article, I hope I have helped!  Wink
I think that when investing in btc is no longer a good profit then you should  invest in an Altcoin. That means you have to accept losses to get a withdrawal from your investment in btc. But altcoin is rarely a price boom like btc, but its fluctuations can also make a big profit. Because the Alt prices are usually quite low and we can buy in bulk. That is an option, but you can wait for the btc price to return.

KingBit.io (OP)
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August 14, 2018, 11:52:10 AM
 #58

Panicking and shouting on the forum those who are afraid, who can not cope with his fear. If you come to the investment market you must learn to see what others do not see. Some panic, and others are waiting for a great moment. I'm not telling you to buy, I'm telling you to watch and act.

Exact tazmannia! If you are an investor, you can not be on the panic side, but on the strategic and rational side. You need to see the opportunity through the panic.
cryptovally01
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August 14, 2018, 12:05:05 PM
 #59

If the price of bitcoin is not falling than we can use alternative coin which are more stable than bitcoin and use them instead of bitcoin.
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August 14, 2018, 12:19:34 PM
 #60

if you already have bitcoin, the only way to wait and hope for growth. If you are only planning to invest in bitcoin, you may need to wait for the further fall in price, follow the news and when the upward trend begins, you can buy it at a low price.
yes, the possibility of a turning point for rising bitcoin prices is when the ETF proposal is approved,
when that happens, of course buy demand for bitcoin will increase, indirectly it will definitely boost the price of bitcoin,
so we just have to be patient a little longer to see it happen .
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