Post
Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
jpoker272727
on 12/10/2017, 13:04:52 UTC
If bitcoin fall down there is no need to panic. Because it is the characteristic of bitcoin or any currency.  It will fall down and then goes up again the next day or week.
It is a great time to buy more bitcoin instead of being panic when we see the price of bitcoin falls down. We know that bitcoin is supporting the world in many ways and with the technology of blockchain, we will have the better place to live
There is no point of getting panicked with the world best investment and digital currency. Bitcoin is the legendary digital currency and all other digital coins are somehow bound to follow the footsteps of the bitcoin. Whenever bitcoin is having dump, it is the best time for grabbing as many new bitcoins as you can afford since bitcoin pump damn hard after a dump.
Getting panic can give you nothing but a lot of suffering which can result in huge amount of loss. Ups and downs are the part of every business. So you need to prepare yourself so that you can decide well at such kind of time. You need to remain patient and control your nerves. Only then you can save your money from being drowned.
That is true but I think bitcoin is not falling at the moment so we must actually be happy by watching the daily progress and there is no great downfall prediction in this month so far. I also believe that bitcoin is going to rise up till the end of this year.

There can be a variation of few dollars but it should not cause panic. Instead of getting afraid, we must buy more coins in the dip.