Topic: What to do if Bitcoin Price Crashes - page 26. (Read 2346 times)
The 'crash' u r worrying have happened many times,but BTC has gone through all of this.Nowadays, BTC is like a real gold,it has limited quantity and it is somehow 'valueless'.But it will never become valueless,because it is a perfect way of paying and human beings will finally fall in love of BTC
if bitcoin price crashes suddenly then a lot of people who invested in bitcoin will be affected in a bad way, because the money they invested in it will surely go to waste because the money will not gain profit.
First of all, I don't think bitcoin can suddenly crash to such a huge extent, it's price might start dropping but it can't become 0.89 cents from 19.6k USD (current approx price) in just one night. Even if it's price drops, you should still hold your bitcoins i think and invest even more of your money into it as it is most likely going to rise again. The people who invest at such a time where the price is low can get a huge amount of profit when the price rises again.
even the bitcoin price will go down 10.000 dollars,, there are alot of people out there waiting for this to buy alots more.
thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it
This is very true as I am looking to buy bitcoins the OP of this there has some but like everyone else isn't selling thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it
at a reasonable price he's asking 20% over market price..What if it drops to 0,89 then everyone loses everything?
Bitcoin now can not be so devalued as to cost less than one dollar, even if US President Trump declares bikookoyn unlawful. It will certainly decrease for some time in price, however it will not fall so much because the general trust of people to bitkoyu is now quite high. However, if bitkoyn is so depreciated, then it is necessary to proceed from the reason why it has depreciated. If the reason is temporary or not serious, then it is necessary to purchase it more than that, if the reason is incomprehensible or ambiguous in the assessment, it will be necessary to wait a certain time and observe the situation. In general, the concrete steps will be different based on the same concrete situation.
Funny you would say that about trump. I don't think it would effect bitcoin so much because bitcoin by nature is designed for the whole world not just for the states
Bitcoin now can not be so devalued as to cost less than one dollar, even if US President Trump declares bikookoyn unlawful. It will certainly decrease for some time in price, however it will not fall so much because the general trust of people to bitkoyu is now quite high. However, if bitkoyn is so depreciated, then it is necessary to proceed from the reason why it has depreciated. If the reason is temporary or not serious, then it is necessary to purchase it more than that, if the reason is incomprehensible or ambiguous in the assessment, it will be necessary to wait a certain time and observe the situation. In general, the concrete steps will be different based on the same concrete situation.
If at all the price crashes, you probably can buy more and invest, and be passive, wait for the prices to shoot up again and then sell it a great price
I don't think that will happen. The price could fall to 14K max. But if it would happen, some rich people will pull out their hair. They've invested millions and they will not let it happen. If bitcoin was to crash to $0.89, then it would be time to buy and hold. Because the price will increase.
If it goes down to that level, buy up some more.
Value should go up still as bitcoin has branding now.
Value should go up still as bitcoin has branding now.
There would be two scenarios. One is complete crash which I don't even want to think about it as many of my things are dependent on crypto currencies. I'm passing this scenario. Second one is retracement, so just comes down a bit, in this case I'd also buy more.
If it crashes!!!, just hold it till it rises again because mark my words it will rise. It may not rise as fastbut it will follow a sinusoidal curve of growth where the downfall will be damped every cycle!!! So I would recommend even it it crashes just keep holding. On the other hand if it rises too much just sell them and live off a life of luxuries with a big yacht and a house 
(Dont sell them all though )
(Dont sell them all though )
If it goes down to that level, buy up some more.
Value should go up still as bitcoin has branding now.
Value should go up still as bitcoin has branding now.
even the bitcoin price will go down 10.000 dollars,, there are alot of people out there waiting for this to buy alots more.
thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it
thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it
Crashing to 0.89 cents is a dream of many people here, and I am one of those people, because it would be a great opportunity to buy a lot of coins. We all know that bitcoin will go back to it's real value, which is definitely higher than $10k so buying under $1 is a dream. Although I don't have much money I would find a way to buy 100+ BTC in that case.
Buy more of it indeed! Any drop in price is a gift for those who dream about bitcoin. I stopped buying BTC when it passed $7k mark. If it will drop below that line I'll buy it again. However I doubt there will be sales like that 
If there is a big drop with Bitcoin, I think anyone will buy and hoard in large numbers and wait. However, this will not happen until the moment when Bitcoin prices are very high and may increase in the future, so it is unlikely that the price will drop dramatically.
What is the bitcoin for every of us ?
If it's only a coin and its value is important because you can compare with fiat, well... this kind of people could have a big depression.
If it's a perfect transaction system that give us all responsability about our 'money' and belive in blockchain system, the price of bitcoin does not matter (we can understand costs of minery, fees...).
For people who are thinking only in comparative (btc ---> fiat): Think about that: If 1btc rises to $20.0000... what's more important? btc or $?
For example: would you sell all yor US dollars for australian dollars now?
Or would you change € for Iranian rial now?
And the last one: If btc is prohibited for lawgivers, btc is less important and less usefuly? (Well, we will need to know which kind of law will wrote them)
For me, blockchain and btc are importants.
I will never pay $16.000 for 1btc, but i won't put any objection if anyone want to pay that price.
And there are other interesting cryptocurrencies.
We are living in a vast test/checking. If tomorrow anyone discovers how to break any blockchain security, we will have a problem. And this is worst than value of any criptocoin. For me, this point will be my disappointment.
If it's only a coin and its value is important because you can compare with fiat, well... this kind of people could have a big depression.
If it's a perfect transaction system that give us all responsability about our 'money' and belive in blockchain system, the price of bitcoin does not matter (we can understand costs of minery, fees...).
For people who are thinking only in comparative (btc ---> fiat): Think about that: If 1btc rises to $20.0000... what's more important? btc or $?
For example: would you sell all yor US dollars for australian dollars now?
Or would you change € for Iranian rial now?
And the last one: If btc is prohibited for lawgivers, btc is less important and less usefuly? (Well, we will need to know which kind of law will wrote them)
For me, blockchain and btc are importants.
I will never pay $16.000 for 1btc, but i won't put any objection if anyone want to pay that price.
And there are other interesting cryptocurrencies.
We are living in a vast test/checking. If tomorrow anyone discovers how to break any blockchain security, we will have a problem. And this is worst than value of any criptocoin. For me, this point will be my disappointment.
It currently like the dotcom bubble in 2000.
People are buying into it without understanding what it is. They don't see any value in it other than the hype that it has made people loads of money.
When the hype wears off it will crash, and it will crash hard. After, just like the dotcom it will rise again but at at a more realistic rate.
People are buying into it without understanding what it is. They don't see any value in it other than the hype that it has made people loads of money.
When the hype wears off it will crash, and it will crash hard. After, just like the dotcom it will rise again but at at a more realistic rate.
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