Topic: What will you do if bitcoin crash? - page 11. (Read 1746 times)
Bitcoin gives you good return but there are some risks also associated with Bitcoin investment. As an investor I must be ready for both gain and loss. We cant predict about future but the point where bitcoin is standing at the moment tells the story that its very much mature now. If you are investing in Bitcoin then first thing you need to do is overcome the fear that bitcoin will cease to exist in future. If you have this fear with you then better not to invest in bitcoin.
That's called as contigency question and you should always have a contigency plans for exactly similar situations. Anything like this happens, I an still good to go with my life and what I do today out of crypto space. Nothing much really will happen if bitcoin goes zero someday because I am not surviving on the bitcoin, I am actually saving it so that I can have some good profits in the near future and I might use that money to fulfil my richie rich dreams or may be have leisure time for myself with my family. However, it does not mean I won't have it if I dont have bitcoin because that is just being from the passive income. I am working professional, I have salary which I save, invest, keep some money aside for my daily routines and expenses. Life would be still normal if bitcoin ever collapses.
I think what OP meant is, what would you do if bitcoin just vanishes like that and does not have an existence anymore. Anyways, if bitcoin just crashes we all know what to do. Get more, hodl and wait for the down wave pass on so that everyone can have more in the form of fiat itself.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?
If bitcoin crashes today, I'll buy more bitcoin at cheap and discounted price. The crash of bitcoin is an opportunity to make millionaires. Not a misery. Anyone investing in volatile assets should invest what they are able to lose. I don't want to read the crap that people sold their properties and invested all in a platform that is not even a bitcoin platform. I think what OP meant is, what would you do if bitcoin just vanishes like that and does not have an existence anymore. Anyways, if bitcoin just crashes we all know what to do. Get more, hodl and wait for the down wave pass on so that everyone can have more in the form of fiat itself.
bitcoin is consider as the king of all cryptocurrency token and there is no possibility that this token will collapse because they have a bright future. Although the future is not known and no one have any idea about coming time but all are familiar with the past that there are certain reduction in price of bitcoin in certain years but they never collapse and become increase again after the unfavorable conditions.
People have different concepts but my concept is that using overall money in crypto trading does not sound good as all you know that crypto price is changeable so it will collapse your money.
Always focus on minimum price trading in tokens even if it is bitcoin. Selling home and something other for trading and making investment is a foolish idea in my opinion. Just make a little amount of money and start trading with that money if you win then probably your money will automatically get double so you can start with more money rather than selling a home.
People have different concepts but my concept is that using overall money in crypto trading does not sound good as all you know that crypto price is changeable so it will collapse your money.
Always focus on minimum price trading in tokens even if it is bitcoin. Selling home and something other for trading and making investment is a foolish idea in my opinion. Just make a little amount of money and start trading with that money if you win then probably your money will automatically get double so you can start with more money rather than selling a home.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?
I like to invest in Bitcoin because i dream of long term investment. No one will be harmed by investing in Bitcoin if he is encouraged to invest long term. I know the Bitcoin price could go down further but i am not worried because i know its value will gradually increase. An investor should know this currency well before investing. People who believe in Bitcoin don't worry about Bitcoin. Moreover, everyone knows the history that Bitcoin belongs. It is the most volatile currency in the world so its rapid fall and rise will have no major effect. I will try to widen the holding arm if there is a big crash in Bitcoin. 
For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.
I think when it happens again and again it will still be the same as always I will still be in crypto and enjoy it. nothing has changed about it.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.
The mainstay of cryptocurrency is Bitcoin. A lot of people have invested in Bitcoin, including owners of various big organizations and outsiders, including this Bitcoin forum. If this Bitcoin crashes then the only way for billions of people will be death. Normally you'd think that the drop in bitcoin price would have led to thousands of people getting in the way and portfolios getting lighter. If the Bitcoin market crashes, billions of people will commit suicide. People invest 50 to 60 percent of their income in Bitcoin.
If this bitcoin crashes when I say my own, I will surely die. I can never bear to lose my wealth.
Bitcoin is just money, it's not everything, without it we will have another way to make money, there are many ways to make money, not only bitcoin. It is foolish to put all your trust or bet your fate on something, even if it is not bitcoin. I also invest a lot in bitcoin and crypto, but I will still smile if it crashes one day. I am not stupid enough to place my life and that of my family in a volatile asset and uncertain future.
For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.
I think when it happens again and again it will still be the same as always I will still be in crypto and enjoy it. nothing has changed about it.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?
If bitcoin crashes today, I'll buy more bitcoin at cheap and discounted price. The crash of bitcoin is an opportunity to make millionaires. Not a misery. Anyone investing in volatile assets should invest what they are able to lose. I don't want to read the crap that people sold their properties and invested all in a platform that is not even a bitcoin platform. 
For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
That's not even a guess, it's a fact. If bitcoin crashes then all of the other coins will crash as well and there is no way around it, the crypto market as a whole would look terrible.Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
I do not believe that it will though, I think bitcoin already crashed and this is all it can do, there is no scenario where bitcoin is gone, it's going to be here as long as we live and I think it's quite important to know that difference as well, going down a lot like we did in 2022 and going down to nothing are two very different things and I believe that we are not going to be nothing. However, I agree that if we ever do, it will be bad news for every single coin.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?
I hope that this will never happen, because the market is very balanced - as soon as the price falls, demand increases. And hence the chance of buying Bitcoin. I am not afraid if the bitcoin price rate collapses - I have a fairly high technical qualification, plus I sell paintings. Only it will be sad, because cryptocurrencies are freedom.
For me personally, Bitcoin is the king of the crypto market, just like the collapse of Luna had a huge impact on the market. This is just hypothetical if Bitcoin crashes, then I think other cryptocurrencies and the whole market will crash, so I won't invest anymore.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
Why do you equate Luna with Bitcoin in terms of falling prices in the market? Even though in general, Bitcoin and Luna are very much different and should not be compared in any way. Because the fall in the price of Luna is the effect of the developer Luna being not good and also not being consistent in making Luna better, while Bitcoin, which experienced a fall last year, was caused by other things that did have a bad impact on all markets.Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
Examples include wars and the crash of the FTX exchange which makes everyone panic and sell more in order to secure their assets in another form. So don't equate Luna's fall with Bitcoin's fall, it's similar because Luna's fall has no effect on the entire crypto market, while Bitcoin's fall has always been very influential for other cryptocurrencies in the market.
Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.
What do you mean by "collapse completely"? Do you mean Bitcoin to lose its value at all? Well, I don't see any reason that Bitcoin to lose its value, it just decreases its value because of the bearish season. When the bullish season returns, the price of Bitcoin will come back to the previous season (like the season in 2021). The price of Bitcoin even can be bigger than the last ATH ($68k-$69k). People predict that Bitcoin price probably reaches $100k in the next bullrun season (2024-2025). So, why do you assume the price will be difficult to be as big as previously? 
Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.
As you say, many people still believe and see the value of bitcoin, so why be pessimistic that bitcoin will never rise again? There is no proof or indication that bitcoin will not rise again, and if you also invest in bitcoin, don't be too pessimistic, it's not in your favor.
I agree that investing in bitcoin is risky but we should trust our choice. If you can't take risks, your whole life will never be successful, even if you engage in any other investment or business activities. Where there is a risk, there is always opportunity.
Actually, I personally still believe and bet on Bitcoin, I also think like you, believe that long-term investment will bring quite high returns.
It looks like Bitcoin will not crash now. But since you want to know how you would be if bitcoin crashes now. I'm not currently invested much in bitcoin so if bitcoin crashes now it probably won't affect me too much. But there are a lot of people who have invested a lot in bitcoin and have sold their wealth and land to invest in bitcoin. So before investing in any site, you must think about the positive and negative aspects of that site.
Even though its hard to believe about speaking on crashing of Bitcoin but still it isnt something that we could really assure that it wont really be happening 100%.Nothing do last forever but somewhat if we do look on how Bitcoin is been mainly been supported and this is why its really that hard to believe that it could happen but somewhat its never that been that bad to think about probabilities.
If it do goes below $100 or lower then there's something wrong with it, people wouldn't really be just flocking out if there would be no major issues that had been raised or
been known.This is why its never been that good on making yourself that getting assured on something which is not.
Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.
What do you mean by "collapse completely"? Do you mean Bitcoin to lose its value at all? Well, I don't see any reason that Bitcoin to lose its value, it just decreases its value because of the bearish season. When the bullish season returns, the price of Bitcoin will come back to the previous season (like the season in 2021). The price of Bitcoin even can be bigger than the last ATH ($68k-$69k). People predict that Bitcoin price probably reaches $100k in the next bullrun season (2024-2025). So, why do you assume the price will be difficult to be as big as previously? 
It looks like Bitcoin will not crash now. But since you want to know how you would be if bitcoin crashes now. I'm not currently invested much in bitcoin so if bitcoin crashes now it probably won't affect me too much. But there are a lot of people who have invested a lot in bitcoin and have sold their wealth and land to invest in bitcoin. So before investing in any site, you must think about the positive and negative aspects of that site.
Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.
Difficult to rise does not mean it will not be able to rise forever, because Bitcoin always needs time to rise to a higher price so everyone who still believes in Bitcoin must always be patient waiting for this. And as for the investment issue, I think it's each individual's decision to run it and it doesn't have to be in the crypto space either because now there are many places you can choose to invest in as long as the investment can be very profitable for you. 
Let's not talk about the impossibilities for bow rather, we should face and embrace the future that has come in through bitcoin global adoption and avoid scaring people away from enjoying the benefits of bitcoin, this is a digital currency and just as I don't believe a total crash of the fiat currency, same as i never expect bitcoin to crash down and cease to exist since bitcoin is as well a digital decentralized currency well acceptable for the people to use.
If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.
The mainstay of cryptocurrency is Bitcoin. A lot of people have invested in Bitcoin, including owners of various big organizations and outsiders, including this Bitcoin forum. If this Bitcoin crashes then the only way for billions of people will be death. Normally you'd think that the drop in bitcoin price would have led to thousands of people getting in the way and portfolios getting lighter. If the Bitcoin market crashes, billions of people will commit suicide. People invest 50 to 60 percent of their income in Bitcoin.
If this bitcoin crashes when I say my own, I will surely die. I can never bear to lose my wealth.
Bitcoin is just money, it's not everything, without it we will have another way to make money, there are many ways to make money, not only bitcoin. It is foolish to put all your trust or bet your fate on something, even if it is not bitcoin. I also invest a lot in bitcoin and crypto, but I will still smile if it crashes one day. I am not stupid enough to place my life and that of my family in a volatile asset and uncertain future.
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I want to explain a little about the risks of investing in bitcoin, literally no one will guarantee that bitcoin will crash or not, but if someone is already involved in investing, then in general it shouldn't worry them. Currently there is a lot of support and facts that have proven that bitcoin is the best asset in the long term.
If bitcoin crash today, what will be your fate? Poor or rich.
How big is the involvement of people in bitcoin and how many assets, it will answer what will happen.There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage.
Really very unlucky life of the person you mentioned. That's why people must have knowledge before investing, so they can recognize the impact on the investment decisions they make. If someone understands how to invest properly, then at least he knows how to minimize risk. 
Bitcoin is unlikely to collapse completely, as many people still see the value of this currency, but it is difficult for Bitcoin to rise again at the high price it used to be. If Bitcoin crashes, I probably won't invest any more money in crypto.
As you say, many people still believe and see the value of bitcoin, so why be pessimistic that bitcoin will never rise again? There is no proof or indication that bitcoin will not rise again, and if you also invest in bitcoin, don't be too pessimistic, it's not in your favor.
I agree that investing in bitcoin is risky but we should trust our choice. If you can't take risks, your whole life will never be successful, even if you engage in any other investment or business activities. Where there is a risk, there is always opportunity.
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