Post
Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
aencarnaci
on 14/10/2017, 10:05:23 UTC
Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.
Bitcoin is falling, it is panic time? I think you should stay calm. Anything is under control. Why? Bitcoin can recover fast. But, in what way? Bitcoin industry have a lots of investor so Bitcoin can make a way to strength up their currency from falling the price. Bitcoin can make alternative way to avoid decreasesing by selling products to investor. You must stay calm and do not believe to the panic time of Bitcoin.
Yes I agree with you no need to disappoint and part of market some time it will be high some time it will be low but bitcoin has a good quality that it recover fast and it is also not a first time that the price come low and happen so many time before but then its recover fast so thing time again we need to wait for right time and it will be increase.
I don’t understand the reason of panicking that too with the legendary coin. It is crystal clear that bitcoin is leading this market for years and there is no other coin which can compete with bitcoin. It has been trend of bitcoin to dip little but pump damn high and those who have understood this thing are making much more money than their expectations with bitcoin. Bitcoin is the beauty of crypto kingdom.