Quote from: FrankGismoeas on November 24, 2017, 09:43:00 AM

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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?

Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices .
So instead to get panic you should make profit.

No. Dont panic when the botcoin prices dumped because it will actually rises up again and it was called pump and being a panic seller is not good because youre losing youre own money.

Yes it is correct.
You don't need to be worry because bitcoin is falling.
Its just only a challenge on how strong you can hold your BTC.
We all know that bitcoin has a significance that when it fall down, surely when it regain its value it will be mich higher than before.

I agree with you you do not need to worry because if you worry you will panic sell and that is totally not recommended because you can lose a lot after bitcoin goes up again if it falls you should be happy because you can buy some more.

That is true my friend once panic sold and after 2 days he could have gotten 2000 dollar profit on each bitcoin he had sold but he lost 500 dollars and that is why i would never recommend to panic sell it is always a bad thing.

Wow i feel bad for him but i would suggest the same thing to everyone just wait till bitcoin goes up again because if something goes down it will go up later we do not know when but it will go up and specially with bitcoin it can go a lot up.