Quote from: supine on October 05, 2017, 07:26:56 PM

Quote from: iamTom123 on June 16, 2017, 03:33:33 AM

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

Try to hold on to your bitcoin because it already happened a lot in the recent years, yet bitcoin price recovers and even increased it's price. Bitcoin price is volatile so you should get used to it. It would be your loss if you panic and withdraw your bitcoin, instead of panicking, it's best to buy bitcoin when price is going down.

Yes when prices fall better buy bitcoin and save while waiting for bitcoin prices to recover, because as we know the price of bitcoin is unlikely to be stable. We do not need to panic when bitcoin prices go down, as bitcoin prices will slowly rise again and will be higher after a decline.