bitcoin still dipping. What should we do?

[jademaxsuy]

I often visit https://coinmarketcap.com to check bitcoin market price. And to what like other had said that the bitcoin has made some dip. The problem with the current market on the investors will worry the investors and will do panic selling. Still, FUD's werr getting worse as they had tried to pull over their claim was true and for that they said that its better to withdraw investment now or one will regret later. This is now another problem that made me confuse. Now, I had continue checking the market price movement and checking also the chart. I had made a screenshot of the chart. See the image below:




Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?

[TBboys]

Forget the current price, don't check it again, wait patiently for a while, and the price of Bitcoin will rise.
I think that we don’t need to do anything right now. The more you do, the more you will be self-defeating.
Honestly, I really don't think you should worry about Bitcoin, but if it is altcoin you may need to worry about it.

[gaslyant]

Forget the current price, don't check it again, wait patiently for a while, and the price of Bitcoin will rise.
I think that we don’t need to do anything right now. The more you do, the more you will be self-defeating.
Honestly, I really don't think you should worry about Bitcoin, but if it is altcoin you may need to worry about it.

I think so. I'm still waiting and holding. I will keep holding unless I see a red flag, right now the market, in general, seems like its not doing good but the development is still going on. it's not dead.

[pooya87]

it is not "continuing" to drop, it dropped about 3 days ago and that was it! there has been no more drops and ever since that day the price has been hovering around $5500.
the "investors" did panic sell, that is why the price dropped that much. although i have to say the drop was small in my opinion compared to the panic they were trying to induce.

as for what you should do, you should always invest what you can afford to lose. assess the risks and learn to reach charts so that you don't make the mistake of thinking price is still dropping when it is not.

[bolbau]

what we have to do now is wait, don't look at market prices too often if you are a long-term investor. but if you want short-term profits, play capital very wisely, but that is quite risky. Another step that can help cryptocurrency market prices is to eradicate or fight negative news in mainstream media, we must make concrete steps by convincing investors and new traders to be interested in joining the cryptocurrency industry.

[AccountTrade]

HODL and buy bitcoin. This is the right time to buy. Buy when everyone is selling and sell when everyone is buying.

[piepie.asean]

Not just Bitcoin, but almost all other Crypto coins are also in the red.
Virtual money investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.

[enogheghase123]

don't panic, see this as an opportunity, an opportunity to store up more bitcoin because very soon, the price of bitcoin will pop up and you will be among those who will be glad they stored up bitcoin now, so buy buy buy now.

[biskitop]

so sad enough, if you look at the current market considering bitcoin has dropped the lowest since last February, it is estimated to be less than $ 6000 I think buying it now is quite risky, so it's only a hodl if there's still a balance, don't buy it first.

[Kakmakr]

Absolutely nothing. You just sit on your coins until the price goes back to where you want to sell it. Forget about Coinmarketcap and stop watching the price daily or hourly, because it will cause you to panic like you did now.

Go look at the price history of Bitcoin over a 2 year period and tell me if the price is still dropping from the level where it was 2 years ago.  Use the data at www.blockchain.info and tell me if you are still considering to sell. 

Short term volatility in Bitcoin is normal, it is the long term stats that counts. 

[131tc01n]

no, we only need to take a short vacation while waiting for good news about bitcoin. Do not be too focused when bad conditions like this, it will make you mentally chaotic, look for temporary entertainment while prices have not improved. We only need refreshing

[miltonpogi]

The real question is, do you really believe in Bitcoin? If not then you should withdraw now. It's all a matter of trusting the technology and to see it grow in the future. If you are not patient enough, then you won't see the real fruit of Bitcoin.

[Royal Jelly]

no, we only need to take a short vacation while waiting for good news about bitcoin. Do not be too focused when bad conditions like this, it will make you mentally chaotic, look for temporary entertainment while prices have not improved. We only need refreshing

Your advice is reasonable, there is no need to worry and panic to see the crypto market at this time, we need brain refreshment to face tomorrow, you are an experienced investor so that whatever conditions you look calm and relaxed.

[Herucooles]

Gathering with family is the best way to forget about the decline in bitcoin prices. Because we can't do anything, forget for a moment don't focus too much on looking at the market, we can stress later. Hopefully the price will rise again.

[QuestionAuthority]

You should buy.

[BuyBuyBitcoin]

These are the times to buy.... if you want to sell that would help some of us get in cheaper...

It's still possible to go down another $500 - $1000

Tone Vays and Tyler Jenkins have been following the price and waiting for this for 6 months

https://www.youtube.com/watch?v=3iEI8S3s0Zo

If you just follow the candles, you get a pretty good idea when your BUY time is and when your SELL times are optimal.

[Muzika]

when you constantly looking for the price at the market you will just loosing your decision because you will just lose your strategy in adapting in the market, you should see those drops as opportunity rather than losing but you really need to wait until the price raise again.

[Baser]

Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?

First, don't panic. If you do price tracking you are panicking. Leave the track. Stay away from the charts for a while. It is very dangerous to stay indecisive in the market. Buy or sell, no matter what your decision, you must be patient.

Don't worry about Bitcoin anyway. I think we've had the last losses. We'll win again like before.

[Pursuer]

well close bitcointalk and any other social media that you are reading, and sit down and think why you bought bitcoin in first place. then see if that reason still exists or not. if it does then buy and if not then sell and don't buy back again.

the thing is many users around here bought bitcoin to become rich fast and make a lot of profit and wanted bitcoin to continue to shoot up. that reason no longer exists for the time being so you should sell and not buy back for now.

but there is another reason for many others, which is seeing the true potential of the unique decentralized currency that works boarderless and is scarce. that reason still exists and that means the  current price is a very cheap price that you can get your hands on a share of this limited supply currency.

[BUK2016]

Bluntly Speaking, there is one important thing we ought to do as a community at this moment, which will go a long way to help recover the lose is; HODL even at the dippest drop. The price dropped few days ago and all we see now is the recovery stage, at this stage the chance to buy is very important to those who want another chance to be millionaire in the next bull run.