i believe that i would just sell a big part of my bitcoins and thats it, i would be out of the bitcoin game as it wouldnt give me profit
i hope this will never happen because it wouldnt give me a good chance to make money with bitcoin even though i make only small money
Topic: [POLL] What would you do if bitcoin price suddenly starts dropping? (Read 1801 times)
March 28, 2016, 08:39:19 AM
What would you do if the bitcoin price would start decreasing at a very rapid pace, for example 50 dollars per day?
I would most probably still hold it as i would believe that it will recover after a few months
I would most probably still hold it as i would believe that it will recover after a few months
50$ in day would be huge fall, and it would create a huge panic for sure but i wouldn't sell my bitcoins
that would be awesome moment to buy more bitcoins because price is pretty high right now, so huge fall would be awesome for every person that wants more cheap coins
I would just buy it more because the price would surely grow in the future and make me a lot of money
no one is able to predict the price so that is a really weak statement as anything can happen March 27, 2016, 05:59:55 AM
What would you do if the bitcoin price would start decreasing at a very rapid pace, for example 50 dollars per day?
I would most probably still hold it as i would believe that it will recover after a few months
I would most probably still hold it as i would believe that it will recover after a few months
50$ in day would be huge fall, and it would create a huge panic for sure but i wouldn't sell my bitcoins
that would be awesome moment to buy more bitcoins because price is pretty high right now, so huge fall would be awesome for every person that wants more cheap coins
March 27, 2016, 05:52:36 AM
if the price drops suddenly, I will sell before it drop more because it will be a start of panic selling and it takes time for btc to go up again
no one in the world is sure that the bitcoin price will go up in the future.
I would just buy it more because the price would surely grow in the future and make me a lot of money
no one in the world is sure that the bitcoin price will go up in the future.
March 27, 2016, 05:13:02 AM
since we are at the "before halving days" and there is a big possibility that the price rises to an all time high or even only 2x I would do my best to buy at the dips to add to my cold storage that I had put aside for the future.
but also if I can notice the drop before it happens I will sell some coins that I have ready at hand just to buy back at the bottom with more money.
but also if I can notice the drop before it happens I will sell some coins that I have ready at hand just to buy back at the bottom with more money.
March 27, 2016, 04:58:30 AM
I would just buy it more because the price would surely grow in the future and make me a lot of money
March 26, 2016, 10:16:32 PM
Voted for "I wouldn't do anything" just hodl and wait for it to go up again, which I know it will, its all about how much you know and trust, people who are in it just for profit always end up panic selling and losing.
March 26, 2016, 04:53:40 PM
If I have money in my exchange account, then I will not waste any time and start buying myself some Bitcoins like there is no tomorrow.
March 26, 2016, 04:06:56 PM
i would just buy some more bitcoins and wait
March 26, 2016, 01:12:35 PM
I would wait for the decline to stabalize a bit so we are certain a new bottom has been reached. From that point on it is a clear buy again, especially if it would drop like that.
It is not a likely situation though.. The chances for sub 300 bitcoins have been plenty and are now gone. Best to just accept this and adjust your buy strategy accordingly.
I have to admit though, that I wouldn't mind it dropping like that for a few days so I can increase my holdings at double the speed (as it costs only half, I can buy double with my current spending plan).
It is not a likely situation though.. The chances for sub 300 bitcoins have been plenty and are now gone. Best to just accept this and adjust your buy strategy accordingly.
I have to admit though, that I wouldn't mind it dropping like that for a few days so I can increase my holdings at double the speed (as it costs only half, I can buy double with my current spending plan).
March 26, 2016, 01:07:30 PM
Buy the dips.
March 26, 2016, 12:31:03 PM
i will start to buy and then buy some more.
thats what i would surely do too, i believe in bitcoin and i believe that it will become a national currency of a lot of countries after a few yearsi would buy a lot of coins and then just wait for an all time high then sell it all and make vast amounts of money without doing anything
March 26, 2016, 12:22:41 PM
i will start to buy and then buy some more.
March 26, 2016, 11:18:13 AM
I will sell some part of the coins in order to rebuy it lower with the money I get. Intention will always be to have coins, but not to pay it higher than what I could.
March 26, 2016, 10:58:03 AM
good to see that the majority of users here are thinking the same, and will buy bitcoin.
this and also looking at the history of market and also the orderbook shows that there is actual resistence against price going down.
this and also looking at the history of market and also the orderbook shows that there is actual resistence against price going down.
March 26, 2016, 10:39:29 AM
for me, i will hold my bitcoins and in the same time starts buying. But it's very heart breaking to see the price going down, Maybe i can't sleep at night if that's gonna happen. But i hope not.
The same, I would continue holding and if I have some good amount of fiat I will try earning as much when the price goes very low.
March 26, 2016, 04:59:49 AM
for me, i will hold my bitcoins and in the same time starts buying. But it's very heart breaking to see the price going down, Maybe i can't sleep at night if that's gonna happen. But i hope not.
March 26, 2016, 03:29:08 AM
Well, I have no choice, need to hold it tight... 
or else, I won't get any profit...But of course I will not be comfortable if it continues to pull down $50 dollar a day and probably be reading news and speculations on why was the price drop..
or else, I won't get any profit...But of course I will not be comfortable if it continues to pull down $50 dollar a day and probably be reading news and speculations on why was the price drop.. March 26, 2016, 12:57:07 AM
that's a no brainer, buy buy buy
since i have been wanting to buy more bitcoin, the possible lower price is a good opportunity to buy even more than i could before, so i would buy with the amount of money i had in mind for investment.
since i have been wanting to buy more bitcoin, the possible lower price is a good opportunity to buy even more than i could before, so i would buy with the amount of money i had in mind for investment.
March 26, 2016, 12:13:27 AM
Turn my computer off, Go fix stuff around the house and come back in 2 months
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