Quote from: heraldlazaro25 on March 04, 2018, 03:00:47 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?

Even if the price of bitcoin crashes or decrease in a very large amount, do not do panic buying because it will only lessen the money that you invest. Just hold your bitcoin and be patient and wait for its price to increase again in order to gain a huge amout of profit.

No I do not think that it is panic time.The value of bitcoin is very volatile so it is very natural to have a price fall although it is recovering at slow pace.Many people have invested in Bitcoin and due to the fall in price their profit margins are also decreasingBut fall in price is also a good time for people who want to buy Bitcoins as the prices are low. But you should have faith in Bitcoin and if you have some Bitcoins in you should hold them for future as the prices will definitely rice and the profit margin will increase a lot.