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Topic: If bitcoin falls 20% a day - page 4. (Read 1444 times)

full member
Activity: 294
Merit: 100
November 19, 2017, 12:05:49 PM
#47
I hold bitcoin with 600$ Cheesy I laugh at people who dump their bitcoin when the price drops
sr. member
Activity: 392
Merit: 250
November 19, 2017, 12:02:47 PM
#46
Do you choose to hold or sell? I choose to continue holding.
 Cheesy Cheesy Cheesy
It would be newbies who would get panic on seeing even a small price dip and would immediately sell their bitcoins becoming victims to big whales.But i would just hold my bitcoins as i have already seen such situations earlier and would even buy more bitcoins at such a price dip.Even its not the price dip which matters,but the FUD which follows it make newbies panic and encourage them to sell their bitcoins.
full member
Activity: 177
Merit: 100
November 19, 2017, 11:08:55 AM
#45
if the price of bitcoin falls 20 percent  a day than i think nothing will happened to us.people will hold bitcoin and buy more and more bitcoin due to decrease in price and when  its price moves upward then they will sell it
full member
Activity: 448
Merit: 100
LETS GO ADAB
November 19, 2017, 10:56:49 AM
#44
Do you choose to hold or sell? I choose to continue holding.
 Cheesy Cheesy Cheesy

If you are an experienced trader , there is nothing to panic or worried because if that happen bitcoin can easily recover. Instead we have to buy more bitcoin so when the time that bitcoin value will increase again we already have profit. Holding your recent btc + buying more = great combo/great profit.
newbie
Activity: 16
Merit: 0
November 19, 2017, 10:52:37 AM
#43
Personally, I prefer to keep to the last. 310 dollars was on the account 11.11, now it's 370. I think it's better to wait until the BTC grows to 10 thousand.
sr. member
Activity: 448
Merit: 250
November 19, 2017, 10:51:51 AM
#42
I believe that 90% of people will choose to continue to hold, in fact, I will choose. But I think we should also consider, down 20% of the specific reasons, if it is market panic, or to be prepared, it is not reasonable to continue to increase the chips at this time. Anyway, I'm going to invest in my own investment plan. Will not be affected by the market bitcoin prices
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
November 19, 2017, 10:49:35 AM
#41
Actually I am praying for Bitcoin to drop more to reach 5000usd as I have a short order from 8000usd.  Once it reached 5000usd, I will create a buy order to get profit from any Bitcoin price direction.

Do you choose to hold or sell? I choose to continue holding.
 Cheesy Cheesy Cheesy
full member
Activity: 238
Merit: 109
November 19, 2017, 10:45:22 AM
#40
20% price decline in one day isn't that much. As far as I know, it had already happened a few times. Before price declines, some big event must occur. Last time when the price had started to decline was the cancellation of Bitcoin SegWit2x hardfork. It wasn't that long time ago. The price had dropped about 30% and quickly recovered. What a shame transactions were slow and expensive back then.

They were slow and expensive on purpose. When the market drops, the miners favor their own transactions first so they sell at the best prices. When the market turns, they again favor their own transactions so they buy at the cheapest level before letting any other transactions through
full member
Activity: 238
Merit: 109
November 19, 2017, 10:38:54 AM
#39
I would probably keep on HODLing my bitcoin because i know bitcoin will rise again. If you will just look at the graph, you can see that everytime bitcoin's price falls, it will always rise putting traders or investors on a winning situation.

Wow Einstein. You clearly are a knowledgeable investor who knows what he is doing......
full member
Activity: 392
Merit: 100
November 19, 2017, 10:34:43 AM
#38
I would probably keep on HODLing my bitcoin because i know bitcoin will rise again. If you will just look at the graph, you can see that everytime bitcoin's price falls, it will always rise putting traders or investors on a winning situation.
hero member
Activity: 924
Merit: 512
November 19, 2017, 10:29:08 AM
#37
Why I should worry if it drops by 20% a day it can pump 100% in three days its the nature of bitcoin I get used to when it crashed it pump the cycle just go from time to time but the best part about that is at the end of each cycle bitcoin ends up with a very appreciative value so instead of worrying I better sit back and if possible buy more bitcoin

I do not think that any serious bitcoin holder will worry about the dump in the chart because they are watching the price graph from the past 9 years and well known about the reason for the dump. So they will never sell their bitcoins when the value dumps as well.
When the bitcoin dumps most of the traders nowadays buy more bitcoins in that time and sell it once the bitcoin value recovered.
hero member
Activity: 2520
Merit: 783
November 19, 2017, 10:23:57 AM
#36
If the price of bitcoin falls 20% today then i will just buy it because i just sold my bitcoin to the peak for a few days ago and i am planning and waiting for a huge dip to re-enter the market again because the market of bitcoin or the price, rather, is not yet strong to maintain it for the next few weeks so it may have some huge dip that can be a great entry for me.
member
Activity: 133
Merit: 37
November 19, 2017, 10:22:55 AM
#35
It hasn't been a week yet since the drop to 6k. Ups and downs have always been a part of the crypto world and I won't only HODL I will buy!
full member
Activity: 266
Merit: 111
November 19, 2017, 10:08:18 AM
#34
Why I should worry if it drops by 20% a day it can pump 100% in three days its the nature of bitcoin I get used to when it crashed it pump the cycle just go from time to time but the best part about that is at the end of each cycle bitcoin ends up with a very appreciative value so instead of worrying I better sit back and if possible buy more bitcoin
full member
Activity: 238
Merit: 109
November 19, 2017, 10:00:05 AM
#33
if we look at the current system of bitcoin it can't be said that it will devalued up to 20% day by day because it has backed by a strong system we called that the crypto currency system as it will not be down in the short period there will be a false information if this happen in the future. the expert of this system are trying to expand the crypto currency everywhere in the world there are so many countires like japan and some other countries are accepting this currency.

What kind of bollocks is this? Of course it can drop 20% quickly - that is what happened just a couple of weeks ago
hero member
Activity: 1302
Merit: 540
November 19, 2017, 09:58:46 AM
#32
It already happened a few times and of course I kept my bitcoins. I see no reason to sell so low except if you are very confident it will go even lower to buy back more. Because such a fall can call just a reaction behind. It is a great buy opportunity and many will take it. We just saw it with the Bitcoin Cash failed pump.
that's right if you have good  judgement and you study and assess if the value will fall then its okay with you to sell for a while and wait for a good timing to buy back, i'm doing it with alts but never with bitcoin as volatility is so fast and chances to be left over is very big so its better to keep holding.
full member
Activity: 350
Merit: 100
November 19, 2017, 09:57:25 AM
#31
if we look at the current system of bitcoin it can't be said that it will devalued up to 20% day by day because it has backed by a strong system we called that the crypto currency system as it will not be down in the short period there will be a false information if this happen in the future. the expert of this system are trying to expand the crypto currency everywhere in the world there are so many countires like japan and some other countries are accepting this currency.
hero member
Activity: 729
Merit: 502
November 19, 2017, 09:55:12 AM
#30
20% it's not the number to start the panic. These days it's normal. So, no, I won't sell it.
sr. member
Activity: 406
Merit: 250
November 19, 2017, 09:53:35 AM
#29
My action will depend on some other situations. At this moment we are riding high on positive news of main stream adoption like CME group, Man group and Square payment system. So the market is over all positive. So at this situation, a dip of 20% will give me an immense opportunity to buy bitcoin at a cheaper price. SO I will continue holding for sure and I will also buy more knowing the future potential.
full member
Activity: 350
Merit: 100
November 19, 2017, 09:51:14 AM
#28
i think it is not a true argument that the bitcoin will drops down value as the experts of this system is trying to expand the crypto currencies in the world they are making good policies for the betterment of bitcoin i think it will be a false judgment about bitcoin. any how if it happened in the future i think the crypto currency will collapse.
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