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Topic: What would you do if Bitcoin price crashes? (Read 3526 times)

sr. member
Activity: 378
Merit: 250
Wait. So in your obviously extremely limited understanding of economics you believe that the only way bitcoin price could crash is the end of the worlds financial systems, or that bitcoin crashing would cause that disaster? Bitcoin, the total value of all of it, is not relevant at all. It could disappear and make the news for a day, then be forgotten.
legendary
Activity: 1596
Merit: 1011
This is like the impossible for me. See the current bitcoin development of course price 200USD is an impossible thing. If you see the track then bitcoin price should be increased and stable. If there really is a decline there must be a very big thing, when the bitcoin price falls then the world's economy will be destroyed.
hero member
Activity: 2912
Merit: 629
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I will hold it until the price increase again there is no point selling it if the value drop to that price. since we are an investor and a risk taker as well waiting for the right time is the best that we can do. indeed the price of bitcoin is unpredictable however i dont think it will crash down to $200 soon.
sr. member
Activity: 378
Merit: 250
Lets not forget. If the bitcoin price starts to crash this time, the first people out will be the only ones who get the $$. Where do you think cash flow will come from if the network breaks as people try to stuff cold coins into exchanges to cash out? There aren't enough dumb billionaires out there to buy it up for failed projects. How far do you think the price could crash before the exchanges stop letting people cash out? Problems of an unregulated system...
sr. member
Activity: 378
Merit: 250
You aren't even on the train, quit following my posts.
legendary
Activity: 1442
Merit: 1014
First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.


Why would you be holding now if you expect that? If you're right, you can double down. If you're wrong, do you really think it will keep going up and up like this? Which one hurts you more?

This is why smart people take partially profits and do not all dump what they had invested. This way you will still be in and can enjoy the party while the dumpsters will sit one the sideline and have to watch the train continue riding without them.
sr. member
Activity: 378
Merit: 250
First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.


Why would you be holding now if you expect that? If you're right, you can double down. If you're wrong, do you really think it will keep going up and up like this? Which one hurts you more?
hero member
Activity: 588
Merit: 541
No freaking matter what I will hodl until the price becomes profitable again, for me that bought at $1800 even now that price is much in my favor still I wont sell and if I see it going down again wont sell, for once I'm gonna listen to my brother and keep hodling.

I've promised my self not to sell by the end of 2017 and keep buying $20 worth of Bitcoin every day.

I'll keep accumulating and wont even buy a laptop and just will use my brother's, that is how much I believe in Bitcoin.

Can't really imagine a crash under $200 because miners have so much at stakes that they will back up the price much higher than that.
legendary
Activity: 2044
Merit: 1008
First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.
hero member
Activity: 924
Merit: 512
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I think bitcoin would not crashes at all since bitcoin prediction are starting to become real one as the other says that bitcoin price will be at the half of million dollar this coming more years maybe 5 years from now or more and i believe with that. But if bitcoin crashes with that price maybe i'll convert all my money with bitcoin and wait till price rise again.

It crashes around 50$ in the chart today but it will be recover soon. As price rising from this year onwards and many people are hold the bitcoin in the wallet I think. Price is moving as demand and supply increase in bitcoin.
I think moon value of bitcoin this year may be knock the 3000$ as this pumping hitting like this.
hero member
Activity: 1008
Merit: 540
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I think bitcoin would not crashes at all since bitcoin prediction are starting to become real one as the other says that bitcoin price will be at the half of million dollar this coming more years maybe 5 years from now or more and i believe with that. But if bitcoin crashes with that price maybe i'll convert all my money with bitcoin and wait till price rise again.
legendary
Activity: 3038
Merit: 1169
I think I would have transfer my bitcoin before it reach that value mark, but if the price value will just crash and fast in that state of value I think I will wait again for it to come back up, because I think that the value would still increase no matter what happen, That is why I would still prefer the fluctuation may occur on bitcoin.
i am sure that bitcoin price is not going to crash, but it will certainly improve its position more and more because the users of bitcoin are increasing from time to time and hope that very soon the number all the people of the world will be using bitcoin. i think those people who still do not purchase bitcoin  ii think they have good opportunity to  purchase bitcoin and secure its position.

We will never know for sure if the price of bitcoin will not crash down it is still unpredictable and now that the price is at the peak of $2000 it is not known if the price would still goes up or down, there are speculation that the price would rise to the moon but bitcoin is fluctuating right now and the price is certainly playing it's up and down movement at a moment,  but if the price would reach the $2500 value I think we can have a chance in seeing the $3000 value.
sr. member
Activity: 644
Merit: 250
I am quite patient in such situations. I will hold it and wait for price to recover. And in that situation I will rather buy more. Because I know the potential of bitcoin. Even if it goes below $200 which is not really possible according to present situation, it has the potential of coming back to present price.
legendary
Activity: 1372
Merit: 1005
Since the day i started Bitcoin, I am very amazed because it never let me down. Everytime i need cash for personal use i have Bitcoin to exchange to cash this happen because i always have a reserve Bitcoin that i am holding for a long time. So what will i do if the price crashes? If that happens i don't have anything to do but just keep holding it and hope that it will go back up again.

It's not possible at all. Price was so fluctuated from the past two years. Fortunately in this due to high rate of adoption bitcoin is stable and keep on increasing in the chart. If we see the bitcoin future crashes, I do not think that it will happen for sure. Because many whales are being adopt the bitcoin technology everyday.
legendary
Activity: 1526
Merit: 1179
I will obviously hodl every single coin I have. I am not a weak handed coward sneaking out in difficult times. I am a pure dedicated hodler ~ nothing can distract my focus away from reaching my target.

I will use the given opportunity to buy as many coins as possible at such insanely low prices, that's the best one can do. I have been through many crashes, and one thing is certain ~ the price always recovers.
hero member
Activity: 1134
Merit: 502
Since the day i started Bitcoin, I am very amazed because it never let me down. Everytime i need cash for personal use i have Bitcoin to exchange to cash this happen because i always have a reserve Bitcoin that i am holding for a long time. So what will i do if the price crashes? If that happens i don't have anything to do but just keep holding it and hope that it will go back up again.
full member
Activity: 163
Merit: 100
Though it's unlikely to happen at this rate. I would buy btc as much as my pocket can. Who wouldn't wan't to buy btc at such low price. Maybe only those afraid and got panic if there is price fall won't.
Your faith in Bitcoin is truly very great, this is that you will not be afraid of a drop in the price of the crypto currency in the future to reward you in full. If you take into account the forecasts that have already been voiced Until today, with respect to the price of Bitcoin
sr. member
Activity: 1246
Merit: 255
I keep holding unto my coin,no cause for alarm since all is affected. one has to accept one's fate and keep moving on. but I pray it doesn't happen.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
Bitcoin price won't crash in a short. The ongoing price increase is just a part with valid pumping caused due to the adoption happening with time. Price crashing is commonly found with bitcoin as well cryptocurrency. People who have good understanding about bitcoin buy as much possible if price falls, because everyone have already experiencd the true growth of bitcoin.
legendary
Activity: 3206
Merit: 1069
nothing really, i would wait and see until it recover, it always recover in the end, no matter the entity of the crash, cheap bitcoin make always people tempted to buy more

remember that investors are here for profit anything that give them the possibility to buy back cheap coin to sell them later at higher price is welcome
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