Do Not Panic!

[Blongen]

we see that the downward trend of bitcoin (BTC / USD) is on its way. it's time to wait for a new resistance around $ 3500. in the meantime my advice is all to freeze your stock so you can buy back 3500. the only positive thing is that we can see improvement for market volume in the last month and maybe at this month it will be better too. and do not panic !!

What's the next strong support if $3500 is breached?
Do we head down to high $1K?

What's your take on Dollar Cost Averaging for your premium hodls?

[Cupomi]

I am not selling.I am holding but I don't believe there will be a bull run in the foreseable future.I personally believe that bitcoin will go 5000-6000 for at least a year or so.I am content with that.I believe this will be an opportunity for the market for a better growth.

it takes souls who always think forward, really the downfall makes all stress, but we must always see the positive side, if we buy from a low price, then we can still get a lot of profit, because there will still be price increases again, very likely we can get profit if prices start to stabilize.

[Morana]

I am not selling.I am holding but I don't believe there will be a bull run in the foreseable future.I personally believe that bitcoin will go 5000-6000 for at least a year or so.I am content with that.I believe this will be an opportunity for the market for a better growth.

it takes souls who always think forward, really the downfall makes all stress, but we must always see the positive side, if we buy from a low price, then we can still get a lot of profit, because there will still be price increases again, very likely we can get profit if prices start to stabilize.

What if they never stabilise?

[KnightElite]

Panicking is one of the factors of losing money in trading of cryptocurrencies. Self regulation and self control are the both things that we should consider for us to easily control our emotions and for us to not do panicking. I keep improving my self control for me to easily handle my emotions. My patience is now enough to wait the right time to buy and sell cryptocurrencies.

[Leonard2016]

Big news affect slowly and bad news affect immediately on the market , because fear is a stronger feeling than hope , I think those news would affect on the market slowly but still there are not strong enough to make a big difference .

[ije07]

Big news affect slowly and bad news affect immediately on the market , because fear is a stronger feeling than hope , I think those news would affect on the market slowly but still there are not strong enough to make a big difference .

the fact that is happening is that bad news appears continuously and is able to influence market sentiment in a big way. Panic is a very sensible thing now. Many people choose to play safe and they don't care about how much they buy and sell at the same time in a short time, this will continue to have an impact on decreasing trust for possible bullrun.

[wildey]

Big news affect slowly and bad news affect immediately on the market , because fear is a stronger feeling than hope , I think those news would affect on the market slowly but still there are not strong enough to make a big difference .

I think panic is a common thing that exists in every human being, and that is a natural thing, especially when the price of bitcoin falls by a few% in a short time. well, but I think we also have to refrain from this panic.

[SkustaClee]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!

Panic sellers are those traders who have weak hands. They do not have a lot of patience to hold their coins. If we want to make profit from trading,  we should trust ourselves for us to avoid panicking.

[crypto_fox]

Are there any news? Can anybody share some good predictions? I am feeeed up with all the pessimists and sceptics

[kakonhat]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!

Like your post, it's a good news but I think it's not easy to see the bounce in December but I will hope for bouncing. We are watching the crazy decision of SEC and the effect of Bitcoin price. I don't like to see it anymore maybe all trader.

[TheUltraElite]

What if they never stabilise?

Again this is a speculative market. Anything can happen at any time. A good example of stable price was the month of October-November price of bitcoin. It was extremely stable at daily change of only <1%. Thats how stable it became in several years till date. Overall crypto has the attribute of being "very volatile" but this is an over exaggeration and one could say the same for gold or other commodities as well.

Instability in price will not stop till the entire economic reserve is converted to bitcoins and that is a very longshot concept.

[hulla]

Are there any news? Can anybody share some good predictions? I am feeeed up with all the pessimists and sceptics

Concerning this year market you have to get your mind off it because there nothing in this year market and the Swiss Bitcoin ETF which was approved and SEC ETF which was said to be approve this December which no one is sure of and BAKKT will only help the market to gain investors confidence cause it will next year before the market the gain bull run market.

[Finestream]

Big news affect slowly and bad news affect immediately on the market , because fear is a stronger feeling than hope , I think those news would affect on the market slowly but still there are not strong enough to make a big difference .

I think panic is a common thing that exists in every human being, and that is a natural thing, especially when the price of bitcoin falls by a few% in a short time. well, but I think we also have to refrain from this panic.

If we want to stay in cryptocurrency business,then of course we should refrain from being panic.It will no longer help us today or even in the years to come.With this current market condition,i never stop being optimistic that sooner a bull run will appear.If not this year,hopefully by next year.Patience is still the best virtue after all.

[LuvCyanide]

Everyone is talking about the next Bitcoin rally up. I believe bitcoin will grow but there is no belief that It will grow fast and altcoins also.

[Cosbycoin]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!

I just hope that all these risks I have been taking all this while will be worth it when all this finish. But I won’t say I haven’t gained anything so far, last year was good for me, but this year isn’t, hope this year gets cause I’m really getting pissed. Thought the bull run would have come all this while, though my mind kept telling it wouldn’t, cause it’s just few months then (now a year). But I will keep waiting.

[ufalo3]

Big news affect slowly and bad news affect immediately on the market , because fear is a stronger feeling than hope , I think those news would affect on the market slowly but still there are not strong enough to make a big difference .

I think panic is a common thing that exists in every human being, and that is a natural thing, especially when the price of bitcoin falls by a few% in a short time. well, but I think we also have to refrain from this panic.

Certainly, the panic on the market is something that was expected. The cryptocurrencies prices are rolling down, and the investors are losing their money. It is not easy to calm down but we must do it and wait for a better time.

[greeklogos]

Please and Please, how sure are you with this News. kindly provide Link to verify this News. it looks good if really there is an approval. maybe there will be changes come December and we all will smile again.

Totally right! We need facts but not just "someone said something". All positive predictions I've heard this and the last year didn't work.

[untugede]

and I think investors and traders have been waiting for quite a long time, and some of them still hold what they already have in buying high prices to date, but what happens, the price of coins in the market has not yet raised the price, precisely the current price fall in again, panic & fear of losing more, of course, feared by many people, but any risk that will occur we must be prepared for it all, because from the beginning we already knew that investing or trading crypto is very risky of course.

[TIDOVEE]

Several predictions! Many of which its inaccuracy is what makes people panic more.
Let's all patiently and prayerfully expect the best soon. Rumors from certain unreliable sites has been so viral.
Panicing has no positive effect. What we hear goes a long way in affecting what we believe. When we heard it will be highest towards the end of the year, here is the end of the year.
Let's not confuse ourself with the irregular messages spreading around. Let's listen to crypto news.  

[TheUltraElite]

Totally right! We need facts but not just "someone said something". All positive predictions I've heard this and the last year didn't work.

FUD news and hearsay from false sources are not new in the internet. With new groups for crypto coming up like mushrooms in rainy season one needs to be very careful as to whom to trust and whose words to listen to. Majority of news should be taken with a grain of salt and not in any extreme speculation manner because the latter is only going to make you panic.

The problem is people dont do proper research before they comment on stuff and this takes off as wildfire often leading people to sell and settle for a loss.