Topic: If bitcoin falls 20% a day - page 5. (Read 1444 times)
In investment, they said buy low-sell high. It happened before in BTC. So I'll hold for now and wait for the right time to sell. Anyway, prediction is good for BTC
if falls 20 percent down a day? to all buyer bitcoin is better because bitcoin goes down the more big amount you buy if bitcoin down.
That sounds very much like a Dream scenario 
Falling 20% a day for a week would be sweet 
Just in time to buy more for the pump
Falling 20% a day for a week would be sweet Just in time to buy more for the pump 
Of course, I will continue to keep bitcoin. It's just wonderful, I'll buy more bitcoins and other currencies, this is an ideal opportunity to increase my capital.
I am not hodling anymore. I was holding from 400 but now it doesn't make any sense. I doubled when it was 800 and so on. BUt now ?
It has to go to 14k to only double no way to big risk for losing money.
I am out.
It has to go to 14k to only double no way to big risk for losing money.
I am out.
You will kick yourself, if you do that. We have only recently seen institutional capital coming our way and if that is the
beginning, then I want to be there when these guys goes all in. If this trend continues, we will easily double the Bitcoin
price in a year and it will go far beyond that within 5 years. Stay calm, take 50% if you have to, but keep some flesh in the
game.
Do you choose to hold or sell? I choose to continue holding.
Still hold it, there is no reason to sell. i believe it. For me, it's an opportunity to buy more Bitcoins. I feel like it's gonna stay growing for at least the coming 2-3 years.
I'm just holding it until Bitcoin until I'm a millionaire or really need the money. I usually buy more of it in dips like this one too
Regards,
Trump
Good point.I'm just holding it until Bitcoin until I'm a millionaire or really need the money. I usually buy more of it in dips like this one too
Regards,
Trump
prices bitcoins falls 20%, it could be a discount day, if you are quick to respond you will see this as an opportunity to buy more.
Bitcoin is less than 10k usd, and I won't sell it. If it falls, I will choose to continue buying bitcoin because I believe bitcoin can continue to rise.
Surely must know the cause of the fall in prices. If because of false news, segwit, theft. I will keep the coin. if the destruction of the system, network or developer destroyed, then I will sell it.
If it is destruction of the system or network you will be unable to sell.
That is what many here do not seem to understand. When there is a true crash you will be unable to sell in time as the time to get transactions done will be far too long.
It will be the same as a theater with 10.000 people inside and only one small fire exit. If you hadn't already left the theater, there is very little hope for you to get out when there is a fire.
Ill research what is the root cause of this fall, then buy bulk coins if the issue is not very trivial.
Surely must know the cause of the fall in prices. If because of false news, segwit, theft. I will keep the coin. if the destruction of the system, network or developer destroyed, then I will sell it.
Its basic nature of a currency to move on both directions up as well as down. Because these currencies works purely on the flow of demand and supply. When demand falls or supply increases its price falls. Prices also fall when some bad news comes about these currencies. The investors become panic and starts selling it. This has happened with bitcoin, when China declared to ban/ regulate bitcoin. With this news bitcoin prices falls sharply by 20%. But it was a temporary impact, after that market recovered and within few months reached a new high. Bitcoins investors consider this fall as an opportunity and collected more and more coins.
Do you choose to hold or sell? I choose to continue holding.
Bitcoin is highly secured currency. So I was always hold in 50 percent of Bitcoin. Other 50 percent is invest in some other altcoin. Because bitcoin is one of the locker. It is more comfort to use and it will increase the value in day by day. This is one of the huge profitable investment. So I can more spend to invest in Bitcoin. There is any constant fall in bitcoin. I can exchange bitcoin to some other altcoin.
I am not hodling anymore. I was holding from 400 but now it doesn't make any sense. I doubled when it was 800 and so on. BUt now ?
It has to go to 14k to only double no way to big risk for losing money.
I am out.
It has to go to 14k to only double no way to big risk for losing money.
I am out.
I have the same choice with you, and continue to hold it. Because from the current situation can be drawn, the market will continue to heat.
Do you choose to hold or sell? I choose to continue holding.
Frankly speaking if its in course of a great fall I would rather sell it to buy it back at dip. There is quite a good amount of profit that you can earn this way too. I don't really find any problem in this. So rather than merely being a spectator I would like to be in action. 
I believe OP meant if Bitcoins fell 20% during a crash. If I have some money to spare I would certainly buy the dip. As we have seen it multiple times after every fall Bitcoin comes up strong. There no going back. Buy and hold!!
I'll hold it for it will suddenly rise due to fork this days.
If 20% of the price falls then actually one will just need to see the reason for that drop. If the drop is due to some major reason then advise will be to sell it and just not that great reason than one should actually start accumulating the btc as price will rise quickly up again.
Do you choose to hold or sell? I choose to continue holding.
20% a day means that within a week the price would be $0 so I assume you mean a 20% drop in one day. Let's say it happens today, the current price is $7720, a dip in the price of 20% would be around about $1500 so the price will be $6200. Doesn't look that bad, I would hold my btc (no reason to 'panic sell') and I would definitely buy more coins, no questions asked. Cheap coins are the best coins. You don't know how percentages work, do you?
It wont matter as it has happened already in the past. The recent pump of BCH was one incident that made BTC drop more than 20% from its initial value. It did effect the Bitcoin users but didn't make much of a difference as the price was recovered soon. So even if BTC falls more than 20% people will still buy the coin as they believe in it and it will soon recover the price. So holding BTC is the ideal choice for every situation.
Do you choose to hold or sell? I choose to continue holding.
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