I try to never sell when the price is falling unless you are at the top of a big pump and it's just started to drop. That leaves buying and holding as the main two options during a drop in price. If you have some extra fiat that you want to invest, then buying Bitcoins during a price drop is a good strategy. If not then just hold what you have and ride it out. It will eventually rise up again because bitcoin is good investment.
in previous time we have already experience too many downfall in the rice of bitcoin, in very beginning people were not too much confident about bitcoin trading and a little bad news in the market would create big panic and people would start selling, but now people have become mature and even if there is selling trend in the market they try to hold their bitcoin and give good support to it. Which is not creating more panic and crash like situation in the market. ,/ 
Topic: If bitcoin falls 20% a day - page 3. (Read 1444 times)
I try to never sell when the price is falling unless you are at the top of a big pump and it's just started to drop. That leaves buying and holding as the main two options during a drop in price. If you have some extra fiat that you want to invest, then buying Bitcoins during a price drop is a good strategy. If not then just hold what you have and ride it out. It will eventually rise up again because bitcoin is good investment.
Definitely going to hold and buy more, bitcoin is a hot item for now, a big fall will be chances to earn profit and alot of people queue up to buy bitcoin when the price go down, going down 20% is not a big deal to bitcoin users because bitcoin will do fast recovery
Do you choose to hold or sell? I choose to continue holding.
Well that's what every smart guys do. But its also not a bad thing to pinch some money on the packet, right? I mean, you needed money occasionally or not often. No matter how long you will hold it, you will constantly needed money for your daily lives. If not to pay bills, having some other investments, or having a business. It will happen but then again if you have other sources of income, good for you. 
if bitcoin falls 20% a day, I think we still have more options to choose. I will keep it my own, and buy more bitcoin and pay attention to the market and of course expect to rise again or pumping, at least the profit cover the the cost when I spent the money to buy bitcoin. but if still fall day by the day with that percentage , I'd like to speculate in altcrypto. 
It was impossible to happen however when that time comes I have to save my investment so as early as possible I will plan to cashout my bitcoins to prevent future loses
This thing can really happen to bitcoin because the value is still not fix and stable but for me I will still choose to hold because I am confident that no matter what bitcoin experience for sure it will end up with a very high value especially now that more people get to know it and are doing investment with bitcoin the demand will continue to grow as well as the value keeps appreciating.
People who want to hold their coins tend to not care to watch about the price from day to day all that much.
They have a goal in mind and are not swayed but the small ups and downs in the price.
Those type of people have probably been collecting them since the early days and wouldn't sell them at all.
Not even one bit.
They have a goal in mind and are not swayed but the small ups and downs in the price.
Those type of people have probably been collecting them since the early days and wouldn't sell them at all.
Not even one bit.
As BTC gained more than 700% in this year only, a 20% drop can still be considered a small drawback. Hence, I would not sell my coins, maybe even consider buying more coins. One shouldn't be worried by small price corrections, if there are some.
That's correct, it's best to hold even if it falls for more than 20% in a day because it will likely rise back up again just as has been its trend in recent times. It's best to consider buying and stocking up more like you are saying because there seem to be nothing stopping bitcoin just yet and sitting idle and doing nothing about how you can maximize your profit from bitcoin is the last thing i will do.
As BTC gained more than 700% in this year only, a 20% drop can still be considered a small drawback. Hence, I would not sell my coins, maybe even consider buying more coins. One shouldn't be worried by small price corrections, if there are some.
20% fall in price in a day is not the most beautiful thing to see but in this case i'd hold my coins.
I don't think it will fall that much. Well let us hope it does not. I will continue to hold the vast majority of my coins for the future. I only ever spend a small amount on some items now and again. Bitcoin for me is Kent for saving and using as money. Right now it's in infant stage so it is like an investment that you can spend and that is why I try not spend so much because there will be more tomorrow if I don't spend today.
Actually this type of oscillations so strong has been a constant in the price of bitcoin this year, so we should already be used and not scared about it, because in all cases the price of bitcoin has always been overcomed those drops with renewed vigor and that's why we have it in the heights right now!
People have to buy Bitcoin to buy other coins, so it will still grow up, don't worry
I would def. hold on to it. It should recover in a few weeks anyway.
If I notice that bitcoin was falling 20% a day I will immediately convert my bitcoins to fiat and from there I will buy more bitcoins , as long that the price goes down I will have more bitcoin and when it start to pump again I will profit more because I'll have more bitcoins that I initially have .
It depend if this is a regular correction then I will rather buy more, but if BTC fall coz of some bad news like govt. Ban or regulatory policy etc then it is better to sell it coz I have bought it way down at $3000 and I will book my profit for a while and let the market be stable again. When I see recovery than I will again buy it.
I will rather want to play safe than being a fool.
I will rather want to play safe than being a fool.
Do you choose to hold or sell? I choose to continue holding.
I hold, buy more if I can. Bitcoin has the most and the best devs, the most tested technology, and the largest pool of supporters. With futures next month and ETFs next year, it's future is bright. There will be dips, nothing goes straight up. That's an opportunity!
i will buy more and yes bitcoin can fall 20% like what happen when china ban
As far as I remember, Bitcoin price has decreased much higher than 20% a few times. I wouldn't be worried about my life savings. I would be angry that I haven't sold my BTC at the ATH in order to buy it after the price decreased.
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