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Author Topic: bitcoin still dipping. What should we do?  (Read 1274 times)
AimHigh
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November 17, 2018, 10:41:30 AM
 #41

You should need to be patient. Yes that was a big dissapointment in us as a trader and investor because if we looking back year 2017 the month of December they have big different  that 2017 was a bull run but today 2018 was a big dumb or falling so that we need to be patient and trust that bitcoin will rise again don't  compare the 2017 and 2018 value just stick to focus that bitcoin will rise again.
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November 17, 2018, 11:58:40 AM
 #42

Im also having a hard time with the current market status but  Personally i think  atleast 1 more year of bear market, it will filter out scam coins and only strong teams will stand.
Im planning to just stay put and just hold what i have in my folio and look for other source of income for the mean time.

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November 17, 2018, 02:58:04 PM
 #43

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.

Well, that is the right thing to do. Cut off all negative news and enjoy when market is bloody red. Cut loss if necessary if you think the project has failed  or if you think it will drop further and buy back later if possible or leave the coin for good.  Situation like this is stressful when market is dipping. Just analyze whats happening and make an important decisions whether to cut loss or  leave it as it is and give attention to something productive.

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November 17, 2018, 03:10:21 PM
 #44

for investors, dip is time to buy, for amateurs, time to go panic and sell in loss.
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November 17, 2018, 03:35:57 PM
 #45

For me the good thing to do now is to buy more if we have money.
Buying at this dip will give more profit once the market gets stable.
Everything will be fine soon, we are still looking for a December bull run.
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November 17, 2018, 03:44:57 PM
 #46

Bitcoin is not still dipping. You can not do anything about it . If you are not scared, what you should do now is to invest because we will soon have a bull run.
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November 17, 2018, 04:41:45 PM
 #47

The best thing to do during any dip is to continue to hold because the market is always unpredictable and at such you need to hodl in other not to lose your assets.
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November 17, 2018, 04:49:45 PM
 #48

Right now. I have to got to a stage where I have decided not to care about bitcoin value anymore. This is so because, the more you keep watching the value of bitcoin, the more you go through episodes of psychological trauma. So I will urge you to stop watching the price of bitcoin on daily basis. Instead, lets' hope that bitcoin will resurface in terms of its previous value.
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November 17, 2018, 05:37:04 PM
 #49

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?
I think there value consistently falling will be the reason for very small consistency between the buyers and sellers this is the main reason for and stability in cryptocurrency especially in Bitcoin because their invest I must not be panic like this otherwise the value still going backward.

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November 17, 2018, 05:53:45 PM
 #50

just remain calm and hodl. if you are in the industry for the past 3 years, this bear season today is just a correction of what the last years price was. stay focus and keep calm.
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November 17, 2018, 06:18:44 PM
 #51

yes bitcoin still dipping so we have to keep calm and hold bitcoin.the current bear market is definately a correction.after correction done market will be back and recover.

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November 17, 2018, 06:29:08 PM
 #52

Im also having a hard time with the current market status but  Personally i think  atleast 1 more year of bear market, it will filter out scam coins and only strong teams will stand.
Im planning to just stay put and just hold what i have in my folio and look for other source of income for the mean time.

There's not enough price to keep falling to for another year. If you compare the 2 year market in 2014 and 15 to this, 2014 price was for a long time holding around 50% of ATH and then by the end of the year fell to 30%. This year we've been at 35% for months and now we are below 30%. What are we going to do for another year? Keep trading sideways at 20% of ATH?
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November 17, 2018, 07:00:08 PM
 #53

Bitcoin dipping is not a news. You don't have to do anything other than to wait until it gets to the level you want it to reach before you sell.
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November 17, 2018, 07:06:42 PM
 #54

for investors, dip is time to buy, for amateurs, time to go panic and sell in loss.
Not all amateurs panic and sell in losses, want amateurs or what is most important we know what we do when prices go down and always control our emotions so that we are kept away from losses.
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November 17, 2018, 07:30:16 PM
 #55

Dont panic.we know that it can affect our emotions if we continue checking the market price right now, all we have to do is wait for the time  that it will rise again. Just calm down and dont make any decision that will make you loose. Its hard but we need to wait  for us to be able to earn a good profit.
kram31
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November 17, 2018, 07:34:13 PM
 #56

The dip of the market is not good for the holders.
But if we will look more further to this.
this is a good thing to have, an opportunity to grab.
lets just hold and buy more at this stage.
then we will see a good thing in the future!
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November 17, 2018, 11:35:20 PM
 #57

I think that the price might not go down by much during this time.

Maybe we are going to see another dip, but to be honest, maybe the price is going to be recovering sooner or later, i am still 100% confident about this.

Who knows? Maybe we wake up tomorrow with a bitcoin over $7000 each, and that is going to be a surprise, of course


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November 17, 2018, 11:52:16 PM
 #58

The best choices are (1.) Continue to keep the holding bitcoin (2.) Add our bitcoin if we have money, because it is good time to buy while it is still dipping. I think we can do the two options during the bitcoin price decreases.   

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November 17, 2018, 11:54:55 PM
 #59

I think we shouldn't lose faith in Bitcoin due to the current price dip because definitely it will bounce back. So holding and filling our bags are the 2 best options for me.
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November 18, 2018, 12:24:30 AM
 #60

Just try don't panic sell and keep hodling, this is not end of Bitcoin. I'm sure the price will rise again...
If you have a money you can buy more Bitcoin again, I think this is the best time for buy because Bitcoin got a discount from panic sellers...  Grin


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