What will you do if bitcoin crash? - page 2.

fuer44

sr. member

Activity: 1680

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Quote from: Oneandpure on March 31, 2023, 10:57:03 AM

Quote from: fuer44 on March 30, 2023, 09:02:10 PM

Talking about fate if bitcoin crashes, the first thing I will see is is it just the price crash or crash due to conflict with the government? If the price crashes, surely one day it can rise but if it sack with government that is dangerous. But I'm also not too sad because I don't save or invest a lot in bitcoin.Honestly, my main goal is to become a bounty hunter and if bitcoin crashes, it will definitely have a big impact on the bounty campaign and I don't want that to happen. I still want to be here until I get rich.

Just a suggestion for all friends
Its okay for us to invest, trade, or bounty campaigns while crypto still exists and is worth it. But do it wisely, with calculation, and don't be in a hurry just because hype of the 1 coin that is being talked about on social media platforms. Do the research carefully, with a small number first it's okay, it's sure to be safe.

Bitcoin faced many time conflict with government and drop drastically but always have chance for recovery back to higher price, I don't sure how serious conflict between Bitcoin and government because always have chance for up to higher price. I sure with cryptocurrency keep exist for longer time after more than ten years release to public until right now many people enthusiast for investing in Bitcoin.

Don't be afraid with many wrong argument about Bitcoin will crash and back to zero price, many people and investor waiting for if Bitcoin really have lower price they are preparing invest with huge amount later. Not clearly argument using when talking about Bitcoin possibility crash and have lower price one day later, have been last several years with this issues talking but Bitcoin keep stable on higher price.

I'm not too worried about it mate, because bitcoin started from a low value too. What I'm worried about is if the government's conflict with bitcoin occurs and the effect is access denied to crypto either to exchanges or wallets in all countries in the world, that's what I'm afraid of.

I hope not, but if that happens will all the members here and all bitcoinners in the world boycott?

Kodok Bencot

full member

Activity: 994

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Bitcoin crash, of course it makes us sad because we are not yet rich from bitcoin, for those who have got great wealth from bitcoin of course it is not a problem anymore, for me it is of course a small problem because at this time I plan to invest in bitcoin and I will increase the portion of purchases per month.

Oilacris

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Activity: 2996

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Quote from: capedbaldy on April 01, 2023, 05:28:29 PM

Quote from: nur rochid on April 01, 2023, 11:06:22 AM

even though we have placed bitcoin as an investment in cryptocurrency with the lowest risk, but I personally also want bigger profits, so I also choose safe altcoins to invest. eth and bnb are safe investment choices in altcoins, both of them have a high level of trust by investors, so diversification needs to be done so that our profits increase but also does not leave the risk safety factor in investing. for my long term investment needs eth and bnb for 25% each and the rest for bitcoin. sometimes I also use small money to buy new altcoins, just as a testament to luck

Nice portfolio with a combination of Bitcoin, ETH, BNB and new altcoins, but I'm ignoring new altcoin options because it's too risky to invest and 3 coins are enough to hold long term, I don't worry if the market crashes because those 3 coins definitely have high potential to achieve a high price recovery in the halving period. We expect that after or before the halving there will be a significant increase for bitcoin so that some other altcoins will have the same increasing effect and we can't wait to achieve maximum profit in the future.

Not really that a bad idea if you do really make some stash on top #10 ranking coins in the market as long your finances would able to suit out but if not then going for BItcoin and ETH would be
the most important thing if you do go for long term.Speaking about Bitcoin crash, then how many times we've been able to witness this? If you've been here on this market for a while now
then it wont really be that shocking anymore for you to see thins condition.Instead you would be making yourself that in panic, you would rather see up these things
to be that an opportunity for you to buy more if you are really that going for long term.

capedbaldy

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DGbet.fun - Crypto Sportsbook

Quote from: nur rochid on April 01, 2023, 11:06:22 AM

even though we have placed bitcoin as an investment in cryptocurrency with the lowest risk, but I personally also want bigger profits, so I also choose safe altcoins to invest. eth and bnb are safe investment choices in altcoins, both of them have a high level of trust by investors, so diversification needs to be done so that our profits increase but also does not leave the risk safety factor in investing. for my long term investment needs eth and bnb for 25% each and the rest for bitcoin. sometimes I also use small money to buy new altcoins, just as a testament to luck

Nice portfolio with a combination of Bitcoin, ETH, BNB and new altcoins, but I'm ignoring new altcoin options because it's too risky to invest and 3 coins are enough to hold long term, I don't worry if the market crashes because those 3 coins definitely have high potential to achieve a high price recovery in the halving period. We expect that after or before the halving there will be a significant increase for bitcoin so that some other altcoins will have the same increasing effect and we can't wait to achieve maximum profit in the future.

nur rochid

full member

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Quote from: iamsange on March 31, 2023, 02:08:45 PM

Quote from: Comingdown on March 31, 2023, 10:11:21 AM

I can't imagine bitcoin will crash or completely go to zero, but if it happens, I'll lose trust in other cryptocurrencies as well, because bitcoin is the mother of all crypto. Bitcoin is volatile and you must know what you are investing into. As an Investor, I only risk money that I'm willing to lose and on things that I understand. I will stay calm and assess the situation and accept it. No one can predict what's going to happen in the future but If it happens out of nowhere, I have to find other alternatives because if that crash will happen, other opportunities will come.

As long as Bitcoin has fans, its value will exist and it is very difficult to go to zero. Because something that already has a price will always be assessed better by looking at the developments that already exist in Bitcoin itself. Investors who really believe in Bitcoin will also not worry about this because they always have faith in Bitcoin which will continue to be valuable as long as there are still many people who really like it and are still being bought and also traded on the market.

And I think the only disaster that can make Bitcoin lose its value is when the whole world can no longer access the internet which makes it impossible for everyone to buy Bitcoin in the market. But until now I also have never seen this kind of disaster ever happen in the past, because it will not affect the value of Bitcoin if only one country cannot access the internet, but if the internet network is disrupted for the whole world, it loses value for Bitcoin I think it's very possible.

even though we have placed bitcoin as an investment in cryptocurrency with the lowest risk, but I personally also want bigger profits, so I also choose safe altcoins to invest. eth and bnb are safe investment choices in altcoins, both of them have a high level of trust by investors, so diversification needs to be done so that our profits increase but also does not leave the risk safety factor in investing. for my long term investment needs eth and bnb for 25% each and the rest for bitcoin. sometimes I also use small money to buy new altcoins, just as a testament to luck

rokok lokal

member

Activity: 120

Merit: 25

Quote from: uche6215 on February 16, 2023, 04:49:30 PM

If bitcoin crashes today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.

So I ask again if bitcoin crashes today what will be your description rich or poor?

If you have a long-term investment horizon and believe in the long-term potential of Bitcoin, it may be worthwhile to hold on to your investment and wait for the market to recover. On the other hand, if you have realized significant returns from your Bitcoin investment, you may want to consider taking profits and reallocating your funds to other assets.

Regarding the possible Bitcoin crash, it is important to stay calm and avoid making hasty decisions based on emotion. Panic selling can often lead to significant losses, and it is important to remember that markets are subject to cyclical trends.

Quote from: uche6215 on February 16, 2023, 04:49:30 PM

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 shot down and now he doesn't have a cottage. So I ask again if bitcoin crashes today what will be your description rich or poor?

This is a cautionary tale about the risks associated with investing in any asset, including cryptocurrency.

jokers10

legendary

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Quote from: xSkylarx on March 31, 2023, 11:06:09 AM

I can't really imagine if bitcoin crashed and lost its value. Though let's just say now that i think it is okay for me because I don't always go all in on one investment, which is why I don't go broke, and also for those investors who know the risk, it is okay for them because they already know the risk. Though speaking the truth and letting's not imagine it, this is not possible unless there is no internet, no electricity, and war in the world.

There are several possible (but very unlikely) events which can lead to if not crash but too big problems:

if someday computing power will beat crypto protection of bitcoin before its devs could prevent it;
if there will be found some critical bug in bitcoins core which hasn't been found until now and some intruder will use if before it can be patched;
if majority of governments of top economies will actively ban bitcoin, its usage, its holding, etc.

Of course anything of this will hardly come true, but probability theory says that even event with the lowest probability can happen.

iamsange

sr. member

Activity: 903

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Quote from: Comingdown on March 31, 2023, 10:11:21 AM

I can't imagine bitcoin will crash or completely go to zero, but if it happens, I'll lose trust in other cryptocurrencies as well, because bitcoin is the mother of all crypto. Bitcoin is volatile and you must know what you are investing into. As an Investor, I only risk money that I'm willing to lose and on things that I understand. I will stay calm and assess the situation and accept it. No one can predict what's going to happen in the future but If it happens out of nowhere, I have to find other alternatives because if that crash will happen, other opportunities will come.

As long as Bitcoin has fans, its value will exist and it is very difficult to go to zero. Because something that already has a price will always be assessed better by looking at the developments that already exist in Bitcoin itself. Investors who really believe in Bitcoin will also not worry about this because they always have faith in Bitcoin which will continue to be valuable as long as there are still many people who really like it and are still being bought and also traded on the market.

And I think the only disaster that can make Bitcoin lose its value is when the whole world can no longer access the internet which makes it impossible for everyone to buy Bitcoin in the market. But until now I also have never seen this kind of disaster ever happen in the past, because it will not affect the value of Bitcoin if only one country cannot access the internet, but if the internet network is disrupted for the whole world, it loses value for Bitcoin I think it's very possible.

Fakhrulenclix

sr. member

Activity: 1638

Merit: 339

I personally don't really care about my life.
Because I don't invest too much in bitcoin.
but I can't imagine the investors who put a lot of money in bitcoins and who are looking to make money on bitcoins.
If bitcoin crashes of course crypto will fall too.

xSkylarx

hero member

Activity: 2366

Merit: 594

I can't really imagine if bitcoin crashed and lost its value. Though let's just say now that i think it is okay for me because I don't always go all in on one investment, which is why I don't go broke, and also for those investors who know the risk, it is okay for them because they already know the risk. Though speaking the truth and letting's not imagine it, this is not possible unless there is no internet, no electricity, and war in the world.

Oneandpure

sr. member

Activity: 2114

Merit: 309

Quote from: fuer44 on March 30, 2023, 09:02:10 PM

Talking about fate if bitcoin crashes, the first thing I will see is is it just the price crash or crash due to conflict with the government? If the price crashes, surely one day it can rise but if it sack with government that is dangerous. But I'm also not too sad because I don't save or invest a lot in bitcoin.Honestly, my main goal is to become a bounty hunter and if bitcoin crashes, it will definitely have a big impact on the bounty campaign and I don't want that to happen. I still want to be here until I get rich.

Just a suggestion for all friends
Its okay for us to invest, trade, or bounty campaigns while crypto still exists and is worth it. But do it wisely, with calculation, and don't be in a hurry just because hype of the 1 coin that is being talked about on social media platforms. Do the research carefully, with a small number first it's okay, it's sure to be safe.

Bitcoin faced many time conflict with government and drop drastically but always have chance for recovery back to higher price, I don't sure how serious conflict between Bitcoin and government because always have chance for up to higher price. I sure with cryptocurrency keep exist for longer time after more than ten years release to public until right now many people enthusiast for investing in Bitcoin.

Don't be afraid with many wrong argument about Bitcoin will crash and back to zero price, many people and investor waiting for if Bitcoin really have lower price they are preparing invest with huge amount later. Not clearly argument using when talking about Bitcoin possibility crash and have lower price one day later, have been last several years with this issues talking but Bitcoin keep stable on higher price.

Comingdown

newbie

Activity: 62

Merit: 0

I can't imagine bitcoin will crash or completely go to zero, but if it happens, I'll lose trust in other cryptocurrencies as well, because bitcoin is the mother of all crypto. Bitcoin is volatile and you must know what you are investing into. As an Investor, I only risk money that I'm willing to lose and on things that I understand. I will stay calm and assess the situation and accept it. No one can predict what's going to happen in the future but If it happens out of nowhere, I have to find other alternatives because if that crash will happen, other opportunities will come.

fuer44

sr. member

Activity: 1680

Merit: 262

Talking about fate if bitcoin crashes, the first thing I will see is is it just the price crash or crash due to conflict with the government? If the price crashes, surely one day it can rise but if it sack with government that is dangerous. But I'm also not too sad because I don't save or invest a lot in bitcoin.Honestly, my main goal is to become a bounty hunter and if bitcoin crashes, it will definitely have a big impact on the bounty campaign and I don't want that to happen. I still want to be here until I get rich.

Just a suggestion for all friends
Its okay for us to invest, trade, or bounty campaigns while crypto still exists and is worth it. But do it wisely, with calculation, and don't be in a hurry just because hype of the 1 coin that is being talked about on social media platforms. Do the research carefully, with a small number first it's okay, it's sure to be safe.

I_RodimusPrime

jr. member

Activity: 103

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Pepemo.vip

If the Bitcoin market crashes, it could have ripple effects on the global economy and financial markets, which could have indirect consequences for me, you and society as a whole. The level of impact would depend on the severity and duration of the crash.

In terms of personal advice, I would suggest that no one should never invest more than they can afford to lose in anything, and it's always wise to diversify one's investment portfolio. Investing in Bitcoin or any other cryptocurrency, stocks should be done with caution and thorough right research. Then you may find when to enter and when to leave. Also too much greed always make you fail.

bitzizzix

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As long as I buy it from money I can afford to lose and also not out of my own money, I won't be worried if bitcoin crashes. In every investment there must be a risk that may occur unexpectedly and we must think about this first, and the question is whether you only have one bitcoin asset, and if so it should not happen.
and in my opinion having savings is a thing that must be done and also a priority that must be done from every investment because the savings function will be useful throughout your journey, and patent your investment goals for the long term but if the investment gives you the opportunity to get profits there is nothing wrong transfer some of the profits to savings and stay that way and also continue to make small purchases or money that you can afford to lose gradually, especially when prices fall.
and in my opinion investing in bitcoin must have patience and also strong belief to do so because with this you will not worry about crashes, and only have faith and be patient that bitcoin will rise again without thinking about how long it will take because bitcoin is a long term investment in my opinion will always give good results but that does not mean it is prioritized.

Aanuoluwatofunmi

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If you'd asked that what will i do if altcoins crashed, i would have provided you with an accurate answer on what next step i would take, but you leaving the whole networks of altcoins uncrashed and assume bitcoin for that seems you're taking it from the opposite direction, before bitcoin can crash, everyone other altcoins would have been entirely dead, bitcoin so far is the only recognized digital currency while others aren't because they constitute many unrealistic dreams on their projects or coins.

Altryist

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Quote from: Litzki1990 on March 30, 2023, 05:49:14 AM

Investing in home selling can never be a good decision. A responsible conscious person would never do such a thing. Investments have gains and losses. Today you sell your house and invest and after selling your house you lose all your wealth due to volatility in the market then you will be on the road with your family. Investing is good but emotional investing is never good. Invest as much as you can afford to invest. No platform should be trusted so much that you end up losing everything later on. So before taking such a decision one must think about the family and also think about the future after the investment and then take such a decision.

Right thoughts, our investments should be aimed at creating an opportunity for us to buy everything we need, including real estate. It is wrong to act the other way around, the investment may be unsuccessful, in which case I don’t even know how long it will take to earn the lost money. Always appreciate the risks, it is better to start small and increase your investment portfolio gradually, if your investments are successful, you will increase the capital and it will be much safer. Before investing that much money, you first need to see how good you are with small funds, investing is not as easy as it seems.

Dzwaafu11

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Quote from: uche6215 on February 16, 2023, 04:49:30 PM

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?

The one thing I learned from these forums is that when it comes to investing in bitcoin/cryptocurrency, I should invest the amount I can afford to lose. Even though it will have an impact on me, it doesn't mean that I will experience financial difficulties because there are other ways that I used them before I started my bitcoin business. I won't regret it if bitcoin crashes because I don't rely on it to be my only financial means of living my daily life.

Litzki1990

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Quote from: uche6215 on February 16, 2023, 04:49:30 PM

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

Investing in home selling can never be a good decision. A responsible conscious person would never do such a thing. Investments have gains and losses. Today you sell your house and invest and after selling your house you lose all your wealth due to volatility in the market then you will be on the road with your family. Investing is good but emotional investing is never good. Invest as much as you can afford to invest. No platform should be trusted so much that you end up losing everything later on. So before taking such a decision one must think about the family and also think about the future after the investment and then take such a decision.

Xcode7

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don't expect too much from bitcoin, we don't know how long bitcoin will last. In my opinion, what will greatly impact the fall of bitcoin are investors or miners whose almost all of their assets are placed in bitcoin.
for me, I don't really think about the impact of the fall of bitcoin because I use it as a search for knowledge in the crypto world, meaning that I only save part of my assets in bitcoin.
Because in my opinion the safest investment or savings tool is gold and bank savings.

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