But seriously, why not give some reasons as to the possibility of bitcoin crashing? And what is that Barazar platform? Was it an investment platform or an exchange like FTX? Whatever happens to them is not bitcoin's fault. Bitcoin already crashed during the FTX crash and then the price went up again establishing another higher high in this still bearish season. Long-term investors should just keep their bitcoins away from centralized exchanges to avoid the risk of losing. 
Topic: What will you do if bitcoin crash? - page 8. (Read 1746 times)
If bitcoin will crash I will remain in the middle, not rich and not that poor. But seriously, why not give some reasons as to the possibility of bitcoin crashing? And what is that Barazar platform? Was it an investment platform or an exchange like FTX? Whatever happens to them is not bitcoin's fault. Bitcoin already crashed during the FTX crash and then the price went up again establishing another higher high in this still bearish season. Long-term investors should just keep their bitcoins away from centralized exchanges to avoid the risk of losing.
But seriously, why not give some reasons as to the possibility of bitcoin crashing? And what is that Barazar platform? Was it an investment platform or an exchange like FTX? Whatever happens to them is not bitcoin's fault. Bitcoin already crashed during the FTX crash and then the price went up again establishing another higher high in this still bearish season. Long-term investors should just keep their bitcoins away from centralized exchanges to avoid the risk of losing. 
maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion
Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better.
You are right, lots of people have there life savings on bitcoin, some people depend on only bitcoin for survival which is very wrong, incase if bitcoin goes to zero most of those people will be going to start from scratch again, we shouldn’t leave all our funds in bitcoin or we shouldn’t sell our properties just to invest in bitcoin, we should invest any amount we can afford to lose.
I think it's simple to read these conditions in case they happen at any time. In the event of a Bitcoin crash it is important to stay calm and avoid making impulsive decisions. Historically, Bitcoin has experienced periods of significant volatility and has also shown an ability to recover from market downturns. However, there are no guarantees in investing, and it is important to have a diversified portfolio to mitigate risk.
If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.
Most of what you say is true, but I believe many traders or investors can understand it as simply as you say. The panic that occurs in the market is not only caused by inexperienced beginners, but many experienced people will panic and avoid many losses due to price corrections.If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.
I think that crypto investment losses are not only due to wrong strategy, but also because the market trend that turned bearish has triggered panic selling which in turn touched the cute loss limit for many traders. This causes traders to accept losses, but if you do not trade or just keep your assets in separate wallet, losses due to volatility can be minimized even if the portfolio value has decreased.
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Re: What will you do if bitcoin crash?
Hold and invest more even if you have to do DCA.
I think it's simple to read these conditions in case they happen at any time. In the event of a Bitcoin crash it is important to stay calm and avoid making impulsive decisions. Historically, Bitcoin has experienced periods of significant volatility and has also shown an ability to recover from market downturns. However, there are no guarantees in investing, and it is important to have a diversified portfolio to mitigate risk.
If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.
If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.
maybe most people will say poor because their assets have decreased in value, but some people may also get wealth from this increase and decrease through trading, but in a broad sense most people are losing money.
if bitcoin falls, i will still be myself. to be honest, crypto is not the only business I focus on. besides, i never used my main money in investing for bitcoin. Perhaps, the people you are referring to are the ones who sold all their assets and bought bitcoins in hopes of really high prices. it can indeed make us get the maximum profit, however, the risk of this is losing everything. therefore, I prefer to minimize the risk by building another business and not invest all the money I have in bitcoins. so, when bitcoin falls, then I will focus on other business.
The bitcoin assets that I currently have are around $4837 (current price 1 btc= $27,125) and if bitcoin crashes of course I'm not too regret, and surely we will meet conditions that make us lose patience because bitcoin is worthless, I don't do much with bitcoin, maybe I just put in time nothing more from 3 hours a week for bitcoin so that if one day bitcoin crashes then the life that I live is still normal.
Putting everything you have in bitcoin is wrong strategy. We need to control emotions as we invest in bitcoin. There are so many stories we hear that people investing in bitcoin by selling there house, jewellery etc. We need to understand that bitcoin has both risk and benefits. You need to invest as much as you can afford to lose.
You are following right strategy by investing a decent money that you can afford to lose. Though I m sure it will only go up.
Of course I hope bitcoin can last for the long term, bitcoin has proven to be a good source of income, and I've been earning since I got to know bitcoin from faucets, giveaways and so on, if bitcoin crashes of course I immediately look for alternative income from the internet, for example becoming YouTubers again or make tik tok videos, those of us who are familiar with the internet, of course, already understand that the internet can be a source of income.
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maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion
Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better.I remember there were a couple of threads before that if bitcoin dropped to $5k or $1k again, what would people do, and most people loudly declared that they would buy as many Bitcoins as possible. But honestly, I doubt those claims, I don't believe many people would have the guts to buy bitcoin at the time. If that happens, it will be a very serious problem, everything will get chaotic, and people will be more scared than the catch of bottoming. If bitcoin crashes to $1k or $5k, I won't rush to buy and will observe more before making a final decision.
The bitcoin assets that I currently have are around $4837 (current price 1 btc= $27,125) and if bitcoin crashes of course I'm not too regret, and surely we will meet conditions that make us lose patience because bitcoin is worthless, I don't do much with bitcoin, maybe I just put in time nothing more from 3 hours a week for bitcoin so that if one day bitcoin crashes then the life that I live is still normal.
maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion
Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better. 
just keeps reasonable ratio in your investment even if you think your investment are some rare opportunity because thing could always go south, remember that if you could went bankrupt overnight just because your investment vanishing into thin air maybe you invested too much, I understand there are many that have the urge to become rich and just try to invest all of their money but I think that's a mistake since the chance of you getting broke by doing like that also increase, just invest with calculation and determine how much money you need for your basic needs then youre fine. even better if your investments coming from the money that you don't really use like your savings, etc because this will seem more safe for you investments in the long run.
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?
No one should ever invest their entire money in Bitcoin. Everyone should invest their entire assets in different things. So if one of them is completely crushed or destroyed so that person does not become completely destitute. If Bitcoin crashes today, it won't hurt me much because I invest only 5% of my total assets in Bitcoin. And the remaining 95% I calculated for various things. So even if Bitcoin pumps high I won't be a big man overnight and I won't be broke even if it crashes. This is my own investment strategy
If bitcoin will crash, another cryptocurrency will take its place. Cryptocurrencies are already so closely integrated into our lives that it is difficult to imagine conditions under which cryptocurrencies could be completely banned. Yes, strict regulatory laws can be passed, but no more than that.
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 think only few investors will become poor, investors are practical they don't invest a money that they cant afford to loss, and i believe that as long as bitcoin has a value it will surely rise back just like what happen today, we need to be practical in investing specially when it comes to bitcoin or in any other coin that has an unstable prices.
maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion
Bitcoin is a good token for your value to be saved but one thing is to remember that always make proper planning for your money to be used in a worthy way. Always think about fact that with benefit there always bad situations with it hence we should have knowledge about all these facts.
You just think about bitcoin profit but avoids its harmful effect. Its reality that thinking should be complete and do not think with little knowledge. Always know that if it reduces then what will be your profit and what will be your loss.
your choice of making money to invest your daily based money is not good in my opinion. It will be better if extra amount from daily uses are to be put in volatile industry as revenue is not necessarily valued.
You just think about bitcoin profit but avoids its harmful effect. Its reality that thinking should be complete and do not think with little knowledge. Always know that if it reduces then what will be your profit and what will be your loss.
your choice of making money to invest your daily based money is not good in my opinion. It will be better if extra amount from daily uses are to be put in volatile industry as revenue is not necessarily valued.
How can a person be rich if Bitcoin crash? Unless they already have a big short position and exchanges pay that money honestly. Not only for Bitcoin but for all investment tools, you shouldn't put all your money. If Bitcoin crash today that would definitely hurt my finance but I won't be poor. I believe in Bitcoin more than our national reserve. I feel safer. When Bitcoin was more volatile years ago it was harder to sleep comfy at night but now I don't even care about its price because I know it will be around for a long time and will reach new highs.
No one should ever invest their entire money in Bitcoin. Everyone should invest their entire assets in different things. So if one of them is completely crushed or destroyed so that person does not become completely destitute. If Bitcoin crashes today, it won't hurt me much because I invest only 5% of my total assets in Bitcoin. And the remaining 95% I calculated for various things. So even if Bitcoin pumps high I won't be a big man overnight and I won't be broke even if it crashes.
It is crazy if we invest the entire money. 
Yep. We must be wise to spend money, they are not for investment only, there are many other things that need money as well. We ideally divide the money for several purposes (daily needs, savings, investment, urgent needs, etc). Because there are many things that require money, I personally never use more than 25% of the entire money for investment/trading. We must limit the amount of money for Bitcoin investment, it is very necessary. Bitcoin price is unpredictable, it can rise up significantly and can drop severely. If we only use 25% of our money, BTC crashing (BTC price drop) won't impact much on our daily life at least.
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