If Bitcoin price would fall to the bottom, what would you do next? - page 5.

tabas

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Quote from: buxlover on September 15, 2016, 05:46:45 PM

Quote from: Frost on June 11, 2016, 08:42:25 AM

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

if the price drops down slowly, i would stay with bitcoin. if the drop is more rapid (within few weeks), then i would leave cryptocurrency forever even if the price raise to new high in later period

Sometimes when I'm seeing that the price is partly falling down and decreasing I am getting hurt fast but still since I trust bitcoin I'm sure that it is just happening for sometime but the increasing of its price is going to be more. And if this is going to happen I believe that when it falls to the bottom I'm pretty sure that it is going to fly high again skyrocket to the moon.

buxlover

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Quote from: Frost on June 11, 2016, 08:42:25 AM

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

if the price drops down slowly, i would stay with bitcoin. if the drop is more rapid (within few weeks), then i would leave cryptocurrency forever even if the price raise to new high in later period

SquallLeonhart

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Quote from: ronaldo40 on September 15, 2016, 01:59:34 PM

Quote from: Tyrantt on September 15, 2016, 01:18:42 PM

Quote from: umaOuma on September 15, 2016, 12:08:50 PM

Quote from: drwtsn32 on September 15, 2016, 12:05:33 PM

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

I think everyone always have such thoughts. when the price falls will certainly buy as much as possible, because they are sure at least the price will rebound. very well take the opportunity when prices fall, but when prices really fall very much.

It doesn't goes same with everyone, as if I am holding 100 btc in my wallet and if price goes to bottom, then I need to think twice before buying it, as I am already in loss and will never prefer to buy at that stage.

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Quote from: drwtsn32 on September 15, 2016, 12:05:33 PM

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Buddy don't take these kind of thread as serious and bitcoin is world best money which is gonna reach more heights in future.
So I would be move to best value when you compare with the present value.

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Quote from: Tyrantt on September 15, 2016, 01:18:42 PM

Quote from: umaOuma on September 15, 2016, 12:08:50 PM

Quote from: drwtsn32 on September 15, 2016, 12:05:33 PM

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

I think everyone always have such thoughts. when the price falls will certainly buy as much as possible, because they are sure at least the price will rebound. very well take the opportunity when prices fall, but when prices really fall very much.

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Need some spare btc for a new PC

Quote from: umaOuma on September 15, 2016, 12:08:50 PM

Quote from: drwtsn32 on September 15, 2016, 12:05:33 PM

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

umaOuma

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Quote from: drwtsn32 on September 15, 2016, 12:05:33 PM

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

drwtsn32

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Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

rababo

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If bitcoin fall ro the bottom price, I would buy bitcoin as much as I could. I guess many people would think that the price would increase once again if such an event like this is happen. Then, I'll see how the market is going. If the market is back to normal like before the price crashed, I won't leave bitcoin. But if the market is keeps collapsing, then I will leave bitcoin, because bitcoin might become worthless at that rate.

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Quote from: praprata on September 15, 2016, 06:27:50 AM

Quote from: ekoice on September 15, 2016, 06:10:04 AM

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

If it would fall to the bottom I would watch closely why it did it and if it's still going back up. If I'd see it would still go back up then I would invest right there and then as much as I could. If it would fail to go up I would probably look into alt coins to see which one will be the next big currency.

Yeah that is a better option, if bitcoin doesn't meet our expectations in future then it would be wise to choose an alternative option which will allow us to make some good money with it.

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Quote from: ekoice on September 15, 2016, 06:10:04 AM

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

Sure, that's fine if you don't own a lot but if you have tens of thousands of dollars in Bitcoin, there is no way you would just keep your coins and watch the price drop. If you're holding 1 BTC you bought at $600 and the price drops to $1, a kid with $2 in his pocket would have more Bitcoins than you.
Personally I would sell if the price drops below a certain threshold and then maybe buy back a few coins lower down.

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Quote from: groll on September 15, 2016, 06:46:00 AM

Quote from: ekoice on September 15, 2016, 06:10:04 AM

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

That is right. Even its price fall down we cannot take the fact that bitcoin is the most used and trusted crypto. Its price is unpredictable though many users still trust it. And I do not think that it will ever happen since bitcoin is well established and most used digital currency.

As more and more people start using bitcoin and more business start excepting bitcoin,it will make bitcoin so popular that a slightest fall in price will make all bulls active

groll

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Quote from: ekoice on September 15, 2016, 06:10:04 AM

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

That is right. Even its price fall down we cannot take the fact that bitcoin is the most used and trusted crypto. Its price is unpredictable though many users still trust it. And I do not think that it will ever happen since bitcoin is well established and most used digital currency.

praprata

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Quote from: ekoice on September 15, 2016, 06:10:04 AM

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

If it would fall to the bottom I would watch closely why it did it and if it's still going back up. If I'd see it would still go back up then I would invest right there and then as much as I could. If it would fail to go up I would probably look into alt coins to see which one will be the next big currency.

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Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

BitcoinPC

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Quote from: pakitz on September 12, 2016, 05:56:50 AM

thats the time im gonna buy thousands of btc's.. hold it for years then sell it when bitcoin's value will reach 1k$ each.. Tongue

I want to pray that doesnt happen that BTC have to reach the bottom. I wont want to go with your option because its a great risk in which I am not willing to take in the sense that what if the price did not pick up again?. What I will do is to set a benchmark or what I can afford and when that benchmark is reached, I then sell.

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Quote from: apoorvlathey on September 13, 2016, 01:48:39 PM

At first i would be very sad as all of my earnings would get lost. I would not take the risk again in investing any other currency. I would keep my btc with me till they rise back and sell them to assure my money in fiat.

Yes, everybody will be sad if that happens but thinking that if it falls down to the bottom price. you should have to think to the next possible thing idea that will happen .if price ho down almost one btc will be bought with example $5 only .i will invest as much as i can because there and there will be a pump of its price many users will do same thing buy so it will rise again ,but i think it will not as high as before taking and starting again from bottom is to hard to pump again and expect if there's a halving time .
Being relax and calm not using pure emotions will help you to think better incase this situation occurs.

veles7

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Quote from: olubams on September 13, 2016, 01:50:56 PM

Quote from: pakitz on September 12, 2016, 05:56:50 AM

thats the time im gonna buy thousands of btc's.. hold it for years then sell it when bitcoin's value will reach 1k$ each.. Tongue

I want to agree with this in all totality because that will be the best time to really buy with the hope that it will increase because it will be worse off if doesnt pick up again...

You are very clever. Most people believe doing so too. They will wait until the price BTC will go up again Grin

crairezx20

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Quote from: Aamir1 on September 12, 2016, 01:28:28 PM

Quote from: pakitz on September 12, 2016, 05:56:50 AM

thats the time im gonna buy thousands of btc's.. hold it for years then sell it when bitcoin's value will reach 1k$ each.. Tongue

Wont that be a really foolish decision just to buy bitcoin when it crashes to the bottom without finding out if what is the reason behind that? Because such a big crash can only occur if their would be a really big reason otherwise bitcoin does not seem to be weak enough to break that much.

Provably there is no reason that the price will crash to the bottom but if it can be happen and investors seen it they will buy again a lots of bitcoin but depends in situation if entire blockchain was hack i think almost all people will not buy bitcoins again the rest price if we seen the price crash to bottom i think the rest is old holders that they didnt know the password of their wallet or they dont know the reason why bitcoin price fall..

olubams

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Quote from: pakitz on September 12, 2016, 05:56:50 AM

thats the time im gonna buy thousands of btc's.. hold it for years then sell it when bitcoin's value will reach 1k$ each.. Tongue

I want to agree with this in all totality because that will be the best time to really buy with the hope that it will increase because it will be worse off if doesnt pick up again...

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