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Topic: What you'll do when BTC price will go down heavily and fast? - page 2. (Read 1824 times)

sr. member
Activity: 882
Merit: 269
I would take all my profits and leave my capital since bitcoin, if it falls it will surely get back up in value even tho theres no definite date on when as time has already proven it.

If ever the Bitcoin market price will go down heavily and fast like what happened way back 2017-2018 i will choose to take also my profits but i will make sure that i would left even a small amount of bitcoin on my hard wallet because i believe that the history repeat itself and it will bounce back like today. It is better to save small amount on it rather than sorry if ever the bitcoin price gets pumped again. And what had happened today was a proof of history repeat itself.
newbie
Activity: 10
Merit: 0
I would take all my profits and leave my capital since bitcoin, if it falls it will surely get back up in value even tho theres no definite date on when as time has already proven it.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?


When bitcoin drops in price sharply, I will no longer miss this chance, I will immediately buy it as much as possible. After all, I have already missed at least two times its low prices ... But I suspect that this will never happen again. Let's hope for the best.
hero member
Activity: 2184
Merit: 531
It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.

They did invest but don't forget that many people invested much earlier. Some still held coins from 2017 and the higher gain people have the more they want to spend and buy themselves some nice things.

When you're able to buy a house with your profits it doesn't matter if Tesla or anyone else bought, you may want to sell. The situation is going to depend on the number of these people who held through the bear market and have targets for selling on their mind.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
The point is to convert to a stable coin before the drop, and if you short it successfully, you can make a nice profit! As I stated in some of my previous comments here, I expect that correction since we passed $20k! Now that sounds funny, but here we are over $40k for some time!
In the last week or more, transaction fees are crazy for Bitcoin and Ethereum, and I think that is a sign that correction is getting closer! It's what happened last time. First fees go higher, and then a nice correction! I am ready for that, and I have dollars ready for buying!
I think last time we actually did managed to get segwit before the drop, so we barely got into a place where the price was 20k but the fee was smaller, of course not for a very long time but on the last days. I could be wrong though, we should check the date of segwit and check the date of ATH in 2017 and see if segwit was available on the last days, even if not we managed to get there just a bit later in early 2018 for sure.

Fees are not always indication that a crash will come, it doesn't mean it won't come neither, I just think it is fully irrelevant and that is why I think it is definitely something we should avoid as much as we can. I know that price has a chance to go down, it is always there and I believe it will eventually happen, not saying it will drop to this price or that price but it will definitely have a good 30% or so drop at least, I just think we have a better chance to recover these days and fee will not be the reason for it.
member
Activity: 896
Merit: 17
It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.
full member
Activity: 1204
Merit: 162
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover.

Taking advantage and play well, if things went back and correction indeed take bitcoin from where it's been before, all
the opportunities will be favor those who are inspiring to invest.

It's tough but you need to take side, you'll lose your opportunities again if you don't deal with the situation, investors who
believes this system will continue to buy.
If you don't need money then hodl is the way to go or invest some new project that you think it will do good in near future. Nothing else makes sense for me.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover.
Taking advantage and play well, if things went back and correction bring bitcoin back from where it's been before, all
the opportunities will be favor to those who are inspiring to invest.

It's tough but you need to take your side, you'll lose your opportunity again if you don't deal with the situation, investors who
believe in this system will continue to buy and take the risk.
newbie
Activity: 9
Merit: 0
What else but to make the most of the opportunity to buy more. Because honestly, the sudden rise in the BTC price is practically surprising. In any case, if this is the scenario, it is clear you are really buying. Then, pause, if the price goes up again I might as well exchange it too. Just take the risk. But, it is really better to just continue holding...
In fact, traders usually buy at cheaper prices. Compared to its current value which some can no longer afford. 
hero member
Activity: 2716
Merit: 698
Dimon69
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

HOLD and buy some more BTC  Grin

With more companies having interest in entering the market it’s definitely will have a chance for some increase continuously even it experience some decline in price it will sure to arise again as many already notice it’s use and potential as investment, i doubt the price will decline too low with the hype popular companies and Personalities giving now like Elon musk. Every drop now means accumulation.
member
Activity: 368
Merit: 24
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

HOLD and buy some more BTC  Grin
hero member
Activity: 1582
Merit: 523
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover.
legendary
Activity: 3248
Merit: 1179
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

Profitable currency for investing in Bitcoin has market position and a lot of demand from other currencies bitcoin prices go up a lot based on its demand but if the price of Bitcoin drops a lot then it is better to convert USDT. Even if the price goes down, you don't have to face losses the market is going up a lot so the price will not go down too much.

The point is to convert to a stable coin before the drop, and if you short it successfully, you can make a nice profit! As I stated in some of my previous comments here, I expect that correction since we passed $20k! Now that sounds funny, but here we are over $40k for some time!
In the last week or more, transaction fees are crazy for Bitcoin and Ethereum, and I think that is a sign that correction is getting closer! It's what happened last time. First fees go higher, and then a nice correction! I am ready for that, and I have dollars ready for buying!
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
t depends on what price it will drop, if it is less than $ 10,000, then it is definitely necessary to purchase it for the long term. But I think this will not happen, it will constantly grow, especially since Tesla is already selling its products for bitcoins.
The demand will increase and that's the right action if we happen to see bitcoin's price dropping. There's no other action that we have to do but to buy and keep more bitcoin while we can.

It's not only the other investors are our competitors in buying but also the bigger institutions this time.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Sometimes the calculation will fail on its MA. The most important trade to me is the profit key. I would convert Usdt if it goes beyond the defensive MA light bar on my performance. Of course, I just rely on the plan on trading or stop loss if ready, not investing.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
t depends on what price it will drop, if it is less than $ 10,000, then it is definitely necessary to purchase it for the long term. But I think this will not happen, it will constantly grow, especially since Tesla is already selling its products for bitcoins.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
We are appreciating blockchain technology and its applications just because we are investors, we are users and we are compelled to trust the product we are tracking, the fact is that most people don't look down on bitcoin or blockchain technology, they just don't believe in the profits it can bring, I've never believed it either but I like to follow the trends of the crowd. And when bitcoin falls, at least I'll wait for a market trend to manifest, being hasty to invest and hold will make us lose more profit.
I can't say that price could drop too much at this point, of course there could be a lot of drops if things go sour but I believe it is not going to happen anytime soon, it looks decent to me honestly. However buying right now part is the one that I am hanged up the most, you think making "hesty decision" would be buying bitcoin and that is not really the correct thing to say right now. Think about it this way, when it was 20k dollars and was trying to break over the ATH and go over 20k+ there were a lot of people who said "it is too high right now, it is not smart to go in now that it is so high" and the price did x2.5 more after that.

So, I do not agree that there is a wrong time to buy bitcoin, there is only time where you buy bitcoin and make profit slower than others, sometimes some people buy bitcoin and make profit in a day, some people buy and wait for years, but in the end you can't be wrong to buy bitcoin at any time.
hero member
Activity: 1372
Merit: 564
This depends upon the circumstances surrounding the reason on why the price of BTC dropped.

As for me personally, I would definitely purchase more BTC and HODL it for long-term. Any opportunity that makes its price lower in the market is also an opportunity for me to earn them. Another thing, I do think that people are taking for granted the technology of the blockchain and its application in the world. That is why I do think that prices of BTC will definitely skyrocket AGAIN in the upcoming future.

I do also believe that the necesseties of hodling or selling a bitcoin once a huge price correction happens again was it's all depend upon the circumstances of the sorrounding and of course primarily, does your family needs a money matter in the next few months. I am admitted that bitcoin do help me alot to overcome these pandemic we have encountered worldwide and its great to think that despite the pandemic bitcoin made its way to top, to reach its new ATH but i do still have the fear that i couldn't accurately utter that bitcoin will always in good value as time passes by.
hero member
Activity: 1316
Merit: 502
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

This depends upon the circumstances surrounding the reason on why the price of BTC dropped.

As for me personally, I would definitely purchase more BTC and HODL it for long-term. Any opportunity that makes its price lower in the market is also an opportunity for me to earn them. Another thing, I do think that people are taking for granted the technology of the blockchain and its application in the world. That is why I do think that prices of BTC will definitely skyrocket AGAIN in the upcoming future.
We are appreciating blockchain technology and its applications just because we are investors, we are users and we are compelled to trust the product we are tracking, the fact is that most people don't look down on bitcoin or blockchain technology, they just don't believe in the profits it can bring, I've never believed it either but I like to follow the trends of the crowd. And when bitcoin falls, at least I'll wait for a market trend to manifest, being hasty to invest and hold will make us lose more profit.
hero member
Activity: 2268
Merit: 789
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

This depends upon the circumstances surrounding the reason on why the price of BTC dropped.

As for me personally, I would definitely purchase more BTC and HODL it for long-term. Any opportunity that makes its price lower in the market is also an opportunity for me to earn them. Another thing, I do think that people are taking for granted the technology of the blockchain and its application in the world. That is why I do think that prices of BTC will definitely skyrocket AGAIN in the upcoming future.
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