Bitcoin price never goes down 20% daily as you said first of all. You can say like 20% rise per day and that happened last December, you should buy when price is so cheap and if you already bought it just hold it until it rises up as expected price by you. There are many reasons for dip or rise and nobody can predict exact price for future in cryptocurrency trading.
I think that it's better not to pay attention to the forecasts that sound for the future of Bitcoin. You need to be guided by the current events. If you can earn on the difference in price, then you need to do this. All the same, but Bitcoin rises at least a few percent and goes down, for the day and every day. 
Topic: If bitcoin falls 20% a day (Read 1444 times)
Bitcoin price never goes down 20% daily as you said first of all. You can say like 20% rise per day and that happened last December, you should buy when price is so cheap and if you already bought it just hold it until it rises up as expected price by you. There are many reasons for dip or rise and nobody can predict exact price for future in cryptocurrency trading.
So you mean bitcoin will be priceless after less than a week? Well, who wants to hold anymore if that will be the case? But that's not going to happen because bitcoin will keep on rising every time it encounter's a dip and that's what i am rooting for when i hold my crypto assets.
Do you choose to hold or sell? I choose to continue holding.
if bitcoin price falls 20% a day? I will totally encash it. Why? Of course, if will crashes soon or later if that's happen, maybe the price will makes negative price. You don't say anything that it will still recover right? So if the bitcoin will fall 20% a day I will sell all of it. 
Not at all, as the price is growing rapidly with time the fluctuation in bitcoin price is also increasing. We have seen a huge price drop today from $17453 to $14095 which is approximately 20% drop, but bitcoin managed to recover the price too quickly and now fluctuating around $16014. The best lesson from all these scenarios is holding is the best you can do with your bitcoins, don't do panic selling.
Do you choose to hold or sell? I choose to continue holding.
If Bitcoin falls 20% so obviously I will buy some coin. I like to hold Bitcoin. I think Bitcoin will hit $10000 at the end of this year. Then I will sell some coin and I will wait for the next dump.
I thik bitcoin can't fall 20% a day. If bitcoin falls 20% a day i will must buy some coin. I like to hold. Hold is my profession. So i will buy some coin and hold it . If i hold in future i will get more profit.
I am pretty sure that one day Bitcoin will go down not 20% but more like 90% or even 99% but we have simply to wait for that day.
Even the fudsters attack doesn't work to the bitcoin. Bitcoin cash supporter already tried it in so many times to attack the bitcoin and make others move into the bitcoin cash. The price of bitcoin already dropped almost 25% just in some days. But the price jump again.
FUDs are really becoming a thing that won't really work anymore since most people are now understanding that the control is in their hands and unless they are willing to go the loosing way, then they cannot lose. No matter how hard people try to break the chain holding the community together, they will never win.Bitcoin has grown past what FUDs can affect and anyone who is dumb enough to fall for a FUD, there is someone smart enough to buy from them at a lower price.
Do you choose to hold or sell? I choose to continue holding.
If Bitcoin falls 20% so obviously I will buy some coin. I like to hold Bitcoin. I think Bitcoin will hit $10000 at the end of this year. Then I will sell some coin and I will wait for the next dump.
And that's not only you, a lot of people would do it like that. Tho, depending for what reason did the price fall, we may or may not see the price rapidly going up. Bitcoin these days has a lot more investors and potential investors, so if the price was to go down by 20% as of now, and that's a drop to 6400$ and with that a lot of investors will swarm the exchanges to get BTC that much cheaper, I would do the same as well, but that just might bump the price back up again.
Do you choose to hold or sell? I choose to continue holding.
If Bitcoin falls 20% so obviously I will buy some coin. I like to hold Bitcoin. I think Bitcoin will hit $10000 at the end of this year. Then I will sell some coin and I will wait for the next dump.
Yap it is just a one time to buy btc when price drops. Actually not just bitcoin but some altcoin for keepsake. And sometimes having a day job , i could really miss important news on coins in general. I would just go home and notice how the prices moves in just a span or 8 hours. It is not impossible for bitcoin to attain such and if the surge continues, people who hesitated to invest in early days would regret it.
Do you choose to hold or sell? I choose to continue holding.
If Bitcoin falls 20% so obviously I will buy some coin. I like to hold Bitcoin. I think Bitcoin will hit $10000 at the end of this year. Then I will sell some coin and I will wait for the next dump.
I don’t think so that this will happen in the future that bitcoin will falls at a rate of 20% a day it is impossible for bitcoin. As we have seen that bitcoin is famous in the crypto market the fall will be sudden and it has not fixed a percentage for fall in the prices of bitcoin. But before facing this situation the users will cash their money into their respected currencies.
then you need to keep and wait for the rebound to go up)
Yeah, there will always be a rebound and the only thing that would make the value of bitcoin to keep going down is if there is just no demand for it and as long as we keep having believers, it is only to a little point before it starts rising again once all the weak hands are gone. It will start getting extremely hard for whales to start manipulating the market anyhow because if they feel their dump will get people scared, they will be surprise as people are going to be taking a lot back from them. 
Do you choose to hold or sell? I choose to continue holding.
It might that happen that it falls 20% a day and thats the end of bitcoin but for this moment in time thats impossible even its votality its still the strongest crypto,if its price decreases the next few days it pumps up again.It can regain its loss in just a matter of time so id better hold my bitcoin and dont do panic selling because i believe in bitcoin as proven in its long years of existence which have made people whose into this business become rich and millionaires. 
Do you choose to hold or sell? I choose to continue holding.
If 20% a day and consistently then bitcoin will probably dead in span of 5 days, this might happen in the future but btc has a long way to go and as of now its not possible. In the recent dip of bitcoin it takes just days and bounce back again with even higher amount so those who had the chance to buy at that time probably earn now. If btc fall i wont sell my coins, instead ill buy more to contribute for the price increase of btc.
Do you choose to hold or sell? I choose to continue holding.
There is an even better option which is to buy bitcoin with that huge discount, when you see that you should not react like, oh I’m losing money, the right frame of mind is, oh I’m going to get cheap altcoin, it is incredible that a lot of people get that reaction if they see a video game or a piece of clothing with a discount but they do not get that reaction with bitcoin. In that case, we could really use our bitcoin to invest with altcoins for the main time if bitcoin’s fall is at 20% a day. But I don’t think so that it will be possible for now to happen falling that worst percentage. You need to be careful sometimes of choosing those altcoins to buy with, because more there were types of coins that isn’t in demand and you could possibly drown your investments into falling value in the future that needs more months to increase its sell price. So better check the change frequency of an altcoin so that you eventually determine its trading activities, which could aim better progress.
It happened recently, more or less, when the price went to as low as $5600, but recovered to above $8000. This happened more than once this year and the price recovered fast.
Better thing to do it it happens again is hold or try to get some profit by trading, but the price may recover again quicker than you expect, like in the micro dump after the bitcoin gold fork
Better thing to do it it happens again is hold or try to get some profit by trading, but the price may recover again quicker than you expect, like in the micro dump after the bitcoin gold fork
Do you choose to hold or sell? I choose to continue holding.
There is an even better option which is to buy bitcoin with that huge discount, when you see that you should not react like, oh I’m losing money, the right frame of mind is, oh I’m going to get cheap altcoin, it is incredible that a lot of people get that reaction if they see a video game or a piece of clothing with a discount but they do not get that reaction with bitcoin. Do you choose to hold or sell? I choose to continue holding.
If 20% a day drop price then 5 days bitcoins price would completely depleted which means it would be dead on 5 consecutive days of sudden price decrease. 1st day decrease it can still being handled but on 2nd day im sure panic would really be there 40% drop isnt a joke which means theres something wrong in bitcoin how much more on 60% drop. You cant say that you would buy even more on those situations. You would really be hesitant on doing such thing. Do you choose to hold or sell? I choose to continue holding.
for me if that times happened 20% adays bitcoin will fall . I think i will decide to sell early to protect my earnings. Lol and wait until bitcoin value became cheap then buy again and wait for the chance when bitcoin increase again . But its normal that bitcoin is decreasing cause its part of its volaitility but 20% aday it will decrease? Will for me its not good how we become profitable if bitcoin still decreasing day by day. ? Jump to: