after only a few days the bitcoin has gone up, but now it's starting to fall aga

[Joyawan13]

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

[Slow death]

we will follow your thinking and we will all stop buying bitcoin and we will stop selling bitcoins, how do you think the market would look? the market would stop. there will always be someone who is keen to buy and there will always be someone who is keen to sell. You can see this in real life.

[Genemind]

we will follow your thinking and we will all stop buying bitcoin and we will stop selling bitcoins, how do you think the market would look? the market would stop. there will always be someone who is keen to buy and there will always be someone who is keen to sell. You can see this in real life.

The decision would only rely on our hands.
We can sell or buy no matter what the market situation is but the best thing to do is to handle our emotions well. Most people who have accumulated bitcoin will surely sell their coins because they're afraid of the possible downfall of the market again but if we're a crypto enthusiast, panicking has no place for us.

[takngantuk]

surely there will be people who panic and sell their btc, even though they know it has just been bought. but suggest for now it's better to keep an eye on it, don't be too hasty to make choices. I think when the market is being dumped or pumped, doubt is better than taking risks. what's more when they are late and at the end of the trend.

[okala]

Bitcoin is a volatile asset and at that you have to learn not to rely 100% on any market condition, we have to learn on how to use bitcoin for it short term goal rather then leaving our hope on time, time don't count when it cone to bitcoin but what count is the price as at that particular time.

[xvids]

The people would surely panic specially those who are new investors.
This could be the reason why the price has drop down in such a short period of time.
They would panic since they aren't used to this crypto market cycle yet but for sure after a few months or maybe a year they would get used to it just like us.

[Ailmand]

Panic selling is actually happening right after the panic buying. People are unaware that they're also contributing to the sudden changes in the price of bitcoin. A strong holder would know when to hold and when to release. We wouldn't reach our target goal if we'll always doubt about the market.

[serjent05]

This drop in price is probably people shorting thinking that everyone will panic sell once the price dramatically goes down and then buy at the bottom before the price go up again.  Others probably are taking their profit, if they bought at around $3.5k  exiting at around double that amount is a big win already.  Let us see what will happen in the next days, I hope this is just another higher low before Bitcoin breaks its 2019 highest value .

[kryptqnick]

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

I agree. No need to panic, and then it will only be a temporary thing. Bitcoin went up from $6k to $8k too fast, it's natural that this growth is followed by a correction. I think it's actually very good, because such gradual increases and drawbacks lessen the risk of a sudden rapid drop, followed by a long recovery period. Bitcoin is holding at $7k, and if it manages to stay this way for a while, it's already a big step forward.

[Haunebu]

Panic selling is actually happening right after the panic buying. People are unaware that they're also contributing to the sudden changes in the price of bitcoin. A strong holder would know when to hold and when to release. We wouldn't reach our target goal if we'll always doubt about the market.

They are actually aware of it, but they simply don't care since the only thing that matters to them is recovering their profits asap. They don't care that they are harming the market in a negative manner.

This entire situation literally started thanks to a whale which could have been avoided if he stuck to OTC platforms.

[Adriano2010]

I think is some correction but also some whales sell some good amount of bitcoin because they want to get a profit, and now maybe will stay again some time at 7000$ range, until something happen and will grow again.

[senin]

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

I do not see anything wrong with the fact that now Bitcoin has dropped in price by almost a thousand dollars. He must periodically retire to correct his course. Only in this way can it grow further. Therefore, its current decline, on the contrary, is a good sign of its further price growth. A few days later, Bitcoin should again continue to grow in value. However, I do not expect it to increase very much in price this year.

[dothebeats]

Someone must have pushed the panic button for the whales as it seems that there had been thousands upon thousands of bitcoins offloaded earlier today. Also, some people already panicked in line with that dump resulting for the price to touch sub-$7000 briefly. Anyways, some correction is still good in order to guarantee that the next pushes is already in good shape and no sudden drops in price would be seen. One way or another, correction and dumps are going to happen, too, so this is all good IMO.

[BitMaxz]

This is just a normal price movement of bitcoin and nothing is change it is the same as what happens past years ago before the price hit $19k.

I think there are many holders who bought bitcoin at the price of around $3k and sold just now. So that he won't lose the opportunity of making a profit while the price is increasing.

Example: I bought 2 BTC at $3200 price Last January now I sold it at $8,000 how much profit do I make?
I made $16000 and my profit is $9600 which is big.

Now, the price is around $7k I can reinvest and buy bitcoin again at the current price to hold again for the next bull run.  


So bitcoin is not always increasing there are times that the price will drop because there are holders already made a profit and they don't want to lose the opportunity while the price is increasing.

[figmentofmyass]

it really goes to show you how thin this market really is. someone dropped 6-7k BTC onto bitstamps order book and BOOM, the market is down 20% in the blink of an eye.

this is why it's good to be patient with bitcoin entries rather than fomo buying. bitcoin's lack of liquidity basically provides built-in volatility. the market provides lots of second chances to patient buyers. i had a couple bids hit in last night's carnage, no complaints here!

[felicita]

i think the most people are the once that buyed in on around 5000$ and now we reached 8000$ so they can sell with profit
Most people buy Bitcoin as an investment !


regards

[Jackrodwell]

Bitcoin price has drop again,but I'm not surprised because that is the dynamics in Crypto and market as well, there are so many factors to this of which I want to say that bitcoin holders should learn to control their emotions.

[The Seller]

Yes and that's what we really have to do. But it is very difficult to deny that there are still many people who cannot control their panic and choose to sell at a loss.

[EdenHazard]

This situation has gave a learning for them that to buy bitcoin depend on hype, I mean most people though that to buy bitcoin when its price got pumped is the best time to buy because they will get an instant profit from the increasing price. But, sometimes and most likely always happened in the market bitcoin before that when the price comes then there must be a correction. And this is happening now, when the price bitcoin continue to increase when its price from $4000 and just in a few days its price touch $8200. So as there are many people who has cheated from the current situation. For this year the best time to buy bitcoin is when its price is $3200 and I guess this is what distinguishes between old players and new players.

[rdluffy]

This is completely normal, I posted about this on another topic on Speculation section

I used to buy and sell a lot of times during the week, and i used to look for the prices every hour, but it was stressful
Now I have my strategy and I'm in peace  

Only day trader person have to worry about price fluctuations