Do Not Panic!

[Reid]

Best option would be to buy more.

Well, that could also help to increase the demand. For a cheaper price you will be one of the keys to make it possible for that pump that everyone is waiting for. Ain't that a better feeling than just being one of the panic boys and then suddenly an upward market came in and you are left with regrets.

We better choose the possible option. There is dump and after that a higher possibility of "what" will come in? Think about it.

[herurist]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

Too many post with this title and because of that make me sure crypto wil end, soon. You need to think little hard before write a topic, we are not scare but just realistic, is that wrong?. Many people already leave, why you still stay, can I get your specific answer or this post only to get merit?

[Kotone]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

I personally believe that there is something they have been cooking for this to go this far. That one is creating this level to make up for that pump. I'm definitely sure that ETF is going to be the catalyst in this mess that's why there's this huge OTC buyouts going on under the radar.

[3la9l_kolbaCa]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

Chinese dump? Need to find something about it because I thought this is all happening because of that crazy bch fork and hash war. I hope your saying is right because the way btc is tumbling even the strong hands are becoming weak hands and panic selling at this low prices.

Weak hands is a loser and they won't play fairly with crypto, and as they always do that I don't think that's one way of managing crypto in a profitable manner. Always bare in mind that advice of do not panic, just enjoy the current trend and don't ever lose your grip on it.

[tenakha]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

These developments may have an impact on the price. In my opinion Swiss's positive decision about Bitcoin will be effective because of the large banks in Switzerland. But as far as I remember from the past year, new year in China had caused to a price drop and there is no guarantee that this year will not be and we also need to calculate this. Anyway positive news should make psychology ineffective and next we can see prices everyone expects.

[creeps]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

Whether this news is true or not I still believe to see a great price an the end of 2018. Its hard to know the reason of this dump but panicking is not good, the best thing that we can do right now is to hold or to buy more bitcoin which can give us more profit in the long run.

Let’s not just expect too much from bitcoin, any date that you set can disappoint you so better to look at a larger time frame which allow the market to grow over time. Bitcoin will be good for long term speculation, don’t panic.

[yugyug]

Don't panic this is just temporary and it is a god opportunity to buy some because when the time come that the BTC will be back at bull run then we can have our gain of at least 20 percent or maybe doubled. Just hold on and it will be fine all speculation will be under control and no need to worry about.

[leorjakum]

 BAKKT coming in December 12th and not 5th.

[aervin11]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

Could you provide reference regarding this matter? I know it's big and this kind of NEWS must be available somewhere with the more credible source. But if ever this one is true, I think December of 2018 might be bullish as long as the "Chinese Dump" could be over, also wondering which wallet is the source for this dump.

[hawkins]

for now, I think those who don't panic, and still don't secure their assets are people who do have long-lasting souls. this proves that currently bitcoin and eth have lost 25% of the price since the beginning of this month. well, for myself I have taken several precautions.

[Joyawan13]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

yes, that is what crypto users really expect, with positive news hopefully the price of bitcoin will rise again in these months, and we really don't need to panic and will make a mistake by selling the bitcoin or altcoin we have on when the price drops, because it all will make the price worse.

[Aivaryamal]

Agree with the author, more prerequisites for the growth of the cryptocurrency market, ETF is approved, it will help to update the maximum prices for many digital tokens

[Reatim]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

I'm not sure about the Chinese dump though, I thought bitcoin and the rest of the crypto's suffered because of the ongoing war between BCH ABC and BCH SV.

But I do believed that BAKKT might be a good catalyst for another bull run but we won't get another all-time-high, probably 2019 will bring more good news and the confidence back to the market again.

[Pursuer]

this price drop was a chinese dump

Can you please elaborate? What Chinese dump? Is there any news coverage about this? Maybe you have a link for us?

maybe he thinks Wright is Chinese since Jihan Wu is Chinese

in any case this drop is only because of the bitcoin cash/SV crap that has been going on for a short while but has been building up for it from a couple of months ago by starting their FUDs a while back.

as for bitcoin being bullish this year, I don't think so anymore because a small drop below the support line was nothing but now that price has gone way lower to $4k there is no way to recover from it fast and it will take a very long time, possibly most of 2019 to recover.

[S4VV4S]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!

I'm not sure about the Chinese dump though, I thought bitcoin and the rest of the crypto's suffered because of the ongoing war between BCH ABC and BCH SV.

But I do believed that BAKKT might be a good catalyst for another bull run but we won't get another all-time-high, probably 2019 will bring more good news and the confidence back to the market again.

Keep calm and Hold more your Bitcoin, I believe this decline is only a correction of Bitcoin to jump high
to moon after BAKKT later. So don't be panic, if you have the money, then buy more Bitcoin is the right solution.

[nydiacaskey01]

I just uninstall Blockfollio in my smartphone and I don't look at the Dollar equivalent anymore so that when I look at my portfolio, if amount today is 1.5 BTC, tomorrow its still 1.5 BTC. Nothing to panic if what you've invested in Bitcoin is just your extra funds or idle funds. Those who panic are those who placed their life savings or go all-in in Bitcoin.

[cubicdissection]

bitcoin price will be recover soon so don't panic and hold your bitcoin and altcoins i would be like to buy more coins because price is cheap in these days

[Kemarit]

this price drop was a chinese dump

Can you please elaborate? What Chinese dump? Is there any news coverage about this? Maybe you have a link for us?

maybe he thinks Wright is Chinese since Jihan Wu is Chinese

No, CW is Japanese because he is Satoshi.  

in any case this drop is only because of the bitcoin cash/SV crap that has been going on for a short while but has been building up for it from a couple of months ago by starting their FUDs a while back.

as for bitcoin being bullish this year, I don't think so anymore because a small drop below the support line was nothing but now that price has gone way lower to $4k there is no way to recover from it fast and it will take a very long time, possibly most of 2019 to recover.

Yes, unfortunately, those 2 put us in a uncomfortable position specially for those newbies in Bitcoin investment. They don't know what really happens in the past few days and just decided to offload and push the sell button.

We should look at 2019 now and just hope that this 2018 will soon be over. We can start fresh next year and be positive and hope the market follow. We can't be seeing this bearish trend that long, sooner or later a positive news will push the price, but it will take a lot more months or years as expected since the price has broken the $5000 barrier now.

[Pursuer]

<snipped>
Yes, unfortunately, those 2 put us in a uncomfortable position specially for those newbies in Bitcoin investment. They don't know what really happens in the past few days and just decided to offload and push the sell button.

I don't think this has anything to do with newbies (more precisely weak hands) in bitcoin market anymore because they have been flushed out a while back when price was actually dropping to reach the bottom at $6k.
right now it is only whales pushing the price down by offloading coins on the order books to artificially get a lower price so that they can accumulate more coins there.

[haroldtee]

for now, I think those who don't panic, and still don't secure their assets are people who do have long-lasting souls. this proves that currently bitcoin and eth have lost 25% of the price since the beginning of this month. well, for myself I have taken several precautions.

Hahahaha, It is really not about someone with a long lasting soul, it is just one thing you will just have to inculcate in your mindset that panicking does not actually solve any problem at all. A lot of people who have panicked in the past have regretted it. The market is just bent on pushing away the weak hands at the moment, but fundamentally, there is a great future for this market considering institutions are really going to be getting into this market huge, and one thing I know for sure, they will want to enter when they feel they have driven the price down enough. If you are smart, you will know what to always do at this point, which is to accumulate more.