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Topic: What you'll do when BTC price will go down heavily and fast? - page 3. (Read 1824 times)

hero member
Activity: 1498
Merit: 711
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assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Is obvious that their will be excessive profit in cryptocurrency market via me in particular, I have no option than using the bitcoin to trade in order to make more additional values of already existing cryptocurrency that I hold since 2017 and 2018, so with such capable trading I will make values via my coin
hero member
Activity: 2828
Merit: 611
In short, when the price falls I will hold.

Here is an excellent chart that qwizzie posted to explain what has happened in the past and what inevitably will happen at some point in the near future as the cycle goes on and on....


Honestly you are right with the chart that it had a lot bigger highs and then higher lows as well.

For example, it went from 35 to 2 dollars, and it never reached 2 dollars again but after the next increase, that means it never reached 35 neither, the low was 45 dollars, the high was 1140 dollars in 13 and it crashed to 150 bucks which is under 260 which breaks the cycle, but then it was nearly 20k and dropped to 3.5k which is over 1140 dollars (nearly 3 times).

This means we have broke over 47k+ once again, so if we ever have a crash I think we are not going to drop to under 20k, because that was the last ATH price, but in order for us to drop 80%+ and still be over 20k that means this increase needs to end with 100k+ price, first we need to become 100k+ then drop 80%+ and still be over 20k as well in order for this crash to be similar to the previous ones.
legendary
Activity: 1554
Merit: 1139
My little idea of the best moves to take when Btc price goes down is functional as i know it when you've got your Btc on an exchange but then, an exchange is a risk enveloped environment to have your Btc stalked. Hence, there is the possibility of transferring your Btc to an exchange during such peril times and its going to come at a price too. The idea is, while your Btc is on an exchange, you just swap it for a stable coin and have its value relatively constant at that price until Btc rises. You can also, trade it for some profits should you have the expertise.
hero member
Activity: 1722
Merit: 528
When a big dump occurs, of course we will analyze it based on Technical Analysis. I will not sell if the strongest support bitcoin still cannot be passed. Many people end up being hit by Fomo or hype when bitcoin has decreased or increased. they are too hasty to make a buying or selling decision without having a definite basis for why they buy. The high volatility in the bitcoin market is able to move prices up and down rapidly

This depends on what is happening.

Obviously, there will be a huge reason why the price is falling down. There is no way that the price will just fall down hard with the kind of market we are having now. Depending on is happening, I will either reinvest and tkae that as an opportunity or just keep on holding. I will never sell my Bitcoin because of that fall.
sr. member
Activity: 1610
Merit: 264
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Selling bitcoins in such a situation would certainly be foolish. Selling before Bitcoin drops would be great. And so there is only one option, hold and wait for better times.
Not really at all people though. Some would consider selling a bit right now because of the price surge we got recently. I do both selling and holding cause why not? You never know if you're gonna reach your breakeven again in your net coins held at this moment.
For those who just jumped into the train just now, for sure holding is the best option for now.
newbie
Activity: 12
Merit: 0


i will buy more bitcoin it it will go down fast because it does only mean that its in the correction.
As of this writing BTC price is $44966.2 Few hours ago its $48K

If you have bought Bitcoin few hours ago, you could have made so much lost
however try to hodl it till it reach new ath again!! then you will gain profit!!

once the price dumps again u should buy a whole lot more!
You can try buying on Kucoin Exchange   this is highly credible exchange, they also support fiat to crypto so it would be convenient for you to buy coins there! 
member
Activity: 518
Merit: 33
I never go all in at once at a fixed price so I definitely wouldn't sell what I already bought higher, since I can simply just keep averaging down and layer small buys on the way down, that's the key to not panicking and keep holding what you believe has higher value that the current price.

As for the future price of Bitcoin when correction starts, I personally think $10k would be the Bitcoin's new $3k, so I see that as a very unlikely scenario that Bitcoin goes lower than $10,000 anytime soon and that's good for the market and more specially for good quality altcoins that are not just money grabs, I really think interest in cryptocurrencies are increasing by a good amount and because of that I don't think it's a very possible scenario that we experience long bear markets like a few that we already had again.
newbie
Activity: 22
Merit: 0
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

I will still $HODL my Bitcoin  Grin Grin
member
Activity: 368
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Every great dip is followed by an even greater pump history has shown
hero member
Activity: 2548
Merit: 605
I do not see bitcoin dump as "inevitable" anymore, I understand that we are in a pump right now and there could be a "correction" but I am not entirely convinced that price could fall 80%+ anymore, or at least not again. I get that it is easier to think like this during a pump, many people think like this during a pump so I might be wrong, and I get that, but the fact is that we are not doing that bad right now and the difference compared to all other dumps and this period is that we have super rich people going into bitcoin, grayscales and microstrategies and now tesla all going into bitcoin could be a factor that bitcoin may never drop again like that.

I am not saying we will never drop, we will of course have drops, I am saying we may never have 80%+ crash again, dump and 80%+ crash are very two different things and one is possible while other looks more difficult each day.
copper member
Activity: 1316
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Eloncoin.org - Mars, here we come!
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

Good question and my starlight answer is , I will never sell it because It is very precious digital asset and worth holding as long as you can.  History has shown that it always bounces back and breaks its Previous  All time high. BTC never disappoints its Long term Investors.

jr. member
Activity: 315
Merit: 2
You asked a good question on this forum and i want to share my comment with you. When i see and understand that Bitcoin price is not stable or it price will dump then i convert my bitcoin as usdt. Becouse we know that Usdt is stable coin. And also i stop my trading when i see that the bitcoin price isn’t stable.       
legendary
Activity: 2338
Merit: 1081
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In short, when the price falls I will hold.

Here is an excellent chart that qwizzie posted to explain what has happened in the past and what inevitably will happen at some point in the near future as the cycle goes on and on....

Source : https://www.reddit.com/r/Bitcoin/comments/a4yrux/bitcoin_is_a_game_of_accumulation/

I have put that set of data into a bar chart and extended the data set :

Link: (When The Inevitable Happens With The Dump - What Will Bitcoin Be Worth?) https://bitcointalksearch.org/topic/m.56135292




assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Good and concise data. I'm going to do the same as I always do. HODL. HODL until I absolutely need fiat for expenses. I assume most of the forum members are the same in this case. We know that BTC will get back to or even higher price after a crash. Crashes are the best time to buy even more haha.
legendary
Activity: 1456
Merit: 1108
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At this point, I will hold because we have seen the price of bitcoin fall and then go up to set new all time highs. I do not see a dim future for the price value of btc, the future is very bright.
full member
Activity: 197
Merit: 100
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I'll keep on buying BTC if BTC price goes down to its lowest. Chinese New year is near and the market goes down during this time, the market is now turning red. I'll consider it as a shopping discount to buy some of my favorite altcoin and BTC. I guess most of us are waiting to buy cheaper BTC since people are expecting the bull-market to be longer because of institutional investors.
why should it go it lowest sure actual price is not natural and I withdraw to my crypto ownr card
legendary
Activity: 2534
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In short, when the price falls I will hold.

Here is an excellent chart that qwizzie posted to explain what has happened in the past and what inevitably will happen at some point in the near future as the cycle goes on and on....


Source : https://www.reddit.com/r/Bitcoin/comments/a4yrux/bitcoin_is_a_game_of_accumulation/

I have put that set of data into a bar chart and extended the data set :



Link: (When The Inevitable Happens With The Dump - What Will Bitcoin Be Worth?) https://bitcointalksearch.org/topic/m.56135292




assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
legendary
Activity: 3052
Merit: 1273
I'd convert to Fiat, but will also buyback at specific points which I'll mark as support areas where buybacks generally happened before, and I won't go all-in but save and do it with timely intervals if I believe there's going to be more action downwards. Wink
hero member
Activity: 1820
Merit: 537
I'll keep on buying BTC if BTC price goes down to its lowest. Chinese New year is near and the market goes down during this time, the market is now turning red. I'll consider it as a shopping discount to buy some of my favorite altcoin and BTC. I guess most of us are waiting to buy cheaper BTC since people are expecting the bull-market to be longer because of institutional investors.
legendary
Activity: 2338
Merit: 1775
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What can negatively affect the price of bitcoin? 

First, the segmentation of the Internet.  If the Internet is divided into many independent segments, then the functioning of the Bitcoin network will be difficult. 

Secondly, a hard fork, as a result of which two equal chains are formed, each of which will be supported by an equal number of miners and developers. 

Third, the successful attack on the network using a quantum computer, and fourth, the success of the Central Bank Currencies (CBDC) and the total ban on Bitcoin in all countries. 

Until one of these scenarios is implemented, Bitcoin does not need to be sold.
full member
Activity: 1624
Merit: 117
What you'll do when BTC price will go down heavily
Selling bitcoins in such a situation would certainly be foolish. Selling before Bitcoin drops would be great. And so there is only one option, hold and wait for better times.
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