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Topic: What would you do if Bitcoin price crashes? - page 4. (Read 3562 times)

legendary
Activity: 924
Merit: 1000
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

Sell while it's crashing and buy back again and keep some fiat profit.
legendary
Activity: 1442
Merit: 1025
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I already have facing such experiences in 2014 and in 2015 and hence I will not get panic. I will simply move all my bitcoins into cold storage and I will focus on earning more bitcoins. When bitcoin prices were trading below $300 I had many faucets which were paying more than 1000 satoshi (now it worths ~2 cents) and I believe here new campaign will come with opportunities to earn weekly 0.1 bitcoins too.

So, no need to worry about price crashes of bitcoin, it must be treated as another buying opportunities.
full member
Activity: 136
Merit: 100
I don’t care
I would consider investing again, unlike now. I got rid of all my BTC for an obvious reason.
I haven't been investing in a while, but  as soon as I get some btc I will probably convert it to ethereum or xmr, because I believe they could  grow a lot more than btc itself right now. No point in investing if a currency has already reached such a price.
sr. member
Activity: 2618
Merit: 439
I don't think you can do nothing about if the price of bitcoin crashes. You can't sell because I bet that you will lose all your profit and maybe some capital. Personally, I will get frustrated when that happens but I don't have a choice but to wait till bitcoin recover its price. I'm also thinking of buying more since the price is low. I'm for the long term, so it makes sense not to do, except buy and accumulate more of bitcoin.
legendary
Activity: 3136
Merit: 1233
Bitcoin Casino Est. 2013
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

It depends on which factor it crashes down to 200 dollars. If it is from the bitcoin protocol failure which is highly unlikely I believe I would not sell or buy but would sit on the fence and watch the developments. If it is from a market price crash I would buy all the money I have in bitcoin and hold them, I missed the boat in January 2015 when price was even below the 200 dollars mark so I don't want to miss another boat if it happens again.
sr. member
Activity: 448
Merit: 251
I'd probably manage to sell it before it fall below $1000 mark. But if it happen so fast that i don't have the chance, i'll buy more to lower my average investment and hold it until it rise again.
Haha. I wish that this situation can happen since we all want to buy more bitcoin with the cheap prices. But sadly, Bitcoin can not become cheaper. Many people are using it and the price will keep going up. Nothing can stop bitcoin right now
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
if i see the price so high for bitcoin currently i think impossible to dropped back again to $200 but if this is happening i think maybe i would be a part of panic selling and sell my bitcoin immediately because i'm pretty sure most people will do just like me
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

Well, Let's say if a person or I bought whatever amount of bitcoin while it is on $1000+ then definitely that would be a very stupid decision for me or for a certain person to sell what the bitcoin we have and we have no choice but to hold it until the next pump no matter how long would it take before it will happen again because it will be a big loss Grin at the same time while it is staying on the lower price it would be a good opportunity to buy more bitcoins .
full member
Activity: 225
Merit: 100
While its price crashing to $200 or $100, I do not sell the bitcoins I have. Furthermore, I would buy tons of bitcoins if its price goes down to these prices.
hero member
Activity: 994
Merit: 1000
PUGG.io
I have my investments in various currencies, so I'll not be affected by the crash of bitcoin.
Although price of other currencies will also fall with the fall of bitcoin. But still I'll be better off those who have all their money in bitcoins.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
It depends on the circumstances if I just bought bitcoin and after I bought the price bitcoin down then I will hold it until the price goes back but if I still have more money then I will buy bitcoin again after did my own predictions..
legendary
Activity: 1512
Merit: 1000
If you've been in Bitcoinland long enough, you learn to expect and accept that anything is possible from the good to the bad and back again. There will always be those who panic and there will always be those who will be ready to take advantage of that opportunity.

If bitcoin goes to da moon, cool. If it crashes, that's cool too. I have my buy orders ready and waiting...
hero member
Activity: 1106
Merit: 501
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

If that would happen, I will sell it of course because due to its demand now bitcoin only go higher and higher, so the only reason that might bitcoin go that price is having another cryptocurrecy overcome bitcoin, basically it won't comeback like the price before so it is safer for me to sell it.
newbie
Activity: 3
Merit: 0
I follow the events that concern the crypto currency.
In this case it is easier to predict the fall or rise of the rate.
And then think, sell or wait for that to start growing again.
sr. member
Activity: 392
Merit: 250
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

If such crashes happen overnight then it will expand the volatility bracket of bitcoin. So instead of panic it will be sign that bitcoin can rise too. Therefore instead of having loss of around 90%, I will accumulate more bitcoin and wait for good times again! Wink
member
Activity: 75
Merit: 10
Would double down and buy more, a lot more!!
hero member
Activity: 2646
Merit: 686
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?

Well I would just wake up from the sad dream and then go back to sleep again. As far your concern give us some valid reason to even consider a price fall, and I can help you with that, there are none whatsoever. A slight fall okay people understand but taking prices back to 200$ is a very bad idea. First of all it won't ever happen, and people prefer to buy at every dips, so do that, don't think such things. A similar topic was there when it was at 900$ and look where it is today.
hero member
Activity: 1050
Merit: 529
What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
well if it crashed below $200 then really there would be no point in selling, other than the loss I would face I would regret more if the crash was just temporary and BTC rises back in just a few months at most.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
 Bitcoin never going to fall to that level or below  unless  it's hard forked or hackers successfully hack many exchanges at thesame time which is not possible.
member
Activity: 84
Merit: 10
If it drops that low its too low to gain anything useful out of selling, so at that point only an idiot would sell.

This is where we become bagholders.  Cool
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