assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
When bitcoin's price goes down heavily, the same as what happened in 2017 and 2018, I will hold my remaining bitcoin and waiting for its price to recover, and I will grab the opportunity to rebuy bitcoin while its price is low. Instead of panic selling, it would be terrible if I am already accepting the massive amount of losses, so it is better to take every chance than to escape it. 
Topic: What you'll do when BTC price will go down heavily and fast? - page 8. (Read 1824 times)
I would spread my wealth to USDT, USDC or any reputable coins out there then cash out safely because in this scenario I could catch the glimpse of massive dumping otherwise I'd weep my tears because at such high rate and if it's to get dumped without me knowing I'd definitely missed the sky high profit.
But, I'd definitely set an alarm at certain price point just incase because always watching the market is not really my thing and will only makes me stressed out, moreover there's bot that automatically sell if the market got dumped.
But, I'd definitely set an alarm at certain price point just incase because always watching the market is not really my thing and will only makes me stressed out, moreover there's bot that automatically sell if the market got dumped.
USDT is getting sued .
https://news.bitcoin.com/tethers-stablecoin-dominance-drops-below-80-as-audit-controversy-lingers-on-on/
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
If I am late to sell my bitcoin at the highest price, I will still buy more bitcoin because bitcoin is at a big discount if it repeats.I can do that while I now have money to buy many bitcoin because I already sold my bitcoin.
It is hard to see if bitcoin will be back to the lowest price like what we saw before, but that could be possible.
If I can have many bitcoin, I will use them for trading and holding the bitcoin. With trading, I can increase my bitcoin amount more than what I have.
I would spread my wealth to USDT, USDC or any reputable coins out there then cash out safely because in this scenario I could catch the glimpse of massive dumping otherwise I'd weep my tears because at such high rate and if it's to get dumped without me knowing I'd definitely missed the sky high profit.
But, I'd definitely set an alarm at certain price point just incase because always watching the market is not really my thing and will only makes me stressed out, moreover there's bot that automatically sell if the market got dumped.
But, I'd definitely set an alarm at certain price point just incase because always watching the market is not really my thing and will only makes me stressed out, moreover there's bot that automatically sell if the market got dumped.
Other:
That for me would be to sell (it won't necessarily be at the peak (for no one knows that) and then rebuy at intervals when there are signs of exhaustion to the downside, judging from technical analysis.
That for me would be to sell (it won't necessarily be at the peak (for no one knows that) and then rebuy at intervals when there are signs of exhaustion to the downside, judging from technical analysis.
...and sell some towards the bottom again
But if you knew a bottom would come why would you not sell off before then? Well, it goes to explain that we all are mere speculators in this game. Even the early adopters can't say till date that they knew Bitcoin would be this valuable. This is the interesting part as the idea of Bitcoin keeps everyone on their toes. Who would've thought Bitcoin would see this phenomenal rise at a time like now that the world is in a big health & financial mess? 
Currently, I don't have bitcoin on my holdings as I sold it early. If bitcoin goes down really fast then I will wait for it to be stable and then I will buy from there. Too scared to get caught in the hype now that bitcoin is almost at 40k.
It is normal to hold back from buying at this price. Indeed entering the market at wrong prices means having to suffer when not being able to sell at even higher price. It can happen that you might buy at 40k and sell at 45k but truly the >40k USD has not be achieved yet which makes it a more risky thing to bet on.There are chances of bitcoin price falling as well on which case one needs to be ready to buy again. However the support levels for the new ATH have not been tested yet.
This is the reason why USDT has a higher volume than Bitcoin, because many people convert to stable coins to save the money they have when
Bitcoin suddenly drops. Then we can buy back Bitcoin when the Bitcoin price has reached a low price, I even often save my profit when trading
on stable coins. Because for me, saving money in stable coins can avoid a volatile market, so if I trade Bitcoin and altcoins I always use stable coin
pairing.
Bitcoin suddenly drops. Then we can buy back Bitcoin when the Bitcoin price has reached a low price, I even often save my profit when trading
on stable coins. Because for me, saving money in stable coins can avoid a volatile market, so if I trade Bitcoin and altcoins I always use stable coin
pairing.
I
Those who had capital are waiting to accumulate if there is a downtrend but they will perhaps be sad if the price of bitcoin will rise. On the other hand, bitcoin seller, sell after they saw that their profit slowly melting due to the price incline. Holders should always think that bitcoin is good for holding long term, not for the short one, if you really want to make a good profit, you can start monitoring the market and watch when it will happen again.
I'll take it as another opportunity to buy and accumulate more again. We should take every market situation as an opportunity to earn instead of panicking. I'll also buy altcoins since the altcoin season will surely approach right after the ATH of Bitcoin. We shouldn't end things in selling but rather think of new ways to earn through investing again.
Well, that is right. Actually, there are two different people in cryptocurrency, one is the smart accumulator, and the other one waiting to cut the profit.Those who had capital are waiting to accumulate if there is a downtrend but they will perhaps be sad if the price of bitcoin will rise. On the other hand, bitcoin seller, sell after they saw that their profit slowly melting due to the price incline. Holders should always think that bitcoin is good for holding long term, not for the short one, if you really want to make a good profit, you can start monitoring the market and watch when it will happen again.
I'll take it as another opportunity to buy and accumulate more again. We should take every market situation as an opportunity to earn instead of panicking. I'll also buy altcoins since the altcoin season will surely approach right after the ATH of Bitcoin. We shouldn't end things in selling but rather think of new ways to earn through investing again.
I do not think an altcoin season is going to happen right now, it is true that altcoins move more easily than bitcoin due to their lower market caps but the interest in bitcoin is so high right now that who in his right mind is going to exchange their fiat, stable coins or their bitcoin for altcoins that have been underperforming bitcoin for most of this movement? Altcoins had their turn during the past year, now it is the turn of bitcoin to grow and reach new heights. 
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Still what I'm doing with it in 2021 BUY, SELL, USE, HODL. bitcoin is a currency and currency are meant to be spent, I remember Jan 2017 BTC was $927+ so if this opportunity repeat itself I think some of us are going to get more BTC and some of us are going to get broke imagine buying btc @ $32k and boom!! BTC crashed to 2017-2018 price of $927+ -$3k many businesses would crash also.It all matters on how much risk you can put on and on what you do really need.It is really need to be spent but not all would really be willing on doing that
specially that they do know its potential when it comes to future prices thats why they do end up on holding up instead.
On the question on what would i do in this kind of situation? I would really make out some conversions to fiat and then buying up again when
i do saw if the price is really just right for me to get in.Its hard but this one will really be depending on someones experience and capability.
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Still what I'm doing with it in 2021 BUY, SELL, USE, HODL. bitcoin is a currency and currency are meant to be spent, I remember Jan 2017 BTC was $927+ so if this opportunity repeat itself I think some of us are going to get more BTC and some of us are going to get broke imagine buying btc @ $32k and boom!! BTC crashed to 2017-2018 price of $927+ -$3k many businesses would crash also.
I'll take it as another opportunity to buy and accumulate more again. We should take every market situation as an opportunity to earn instead of panicking. I'll also buy altcoins since the altcoin season will surely approach right after the ATH of Bitcoin. We shouldn't end things in selling but rather think of new ways to earn through investing again.
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I'll look for some factor first which can make bitcoin price drop heavily. Panic selling should be accompanied by the factor not just following what other people do. We have seen many situation when bitcoin drop heavily then we will just in a few time its price will break the previous resistance, and make many people/trader regretted what have done by them. Exactly, I'll just intrust to the fundamental factor to assess that the uptrend market is end or just a decresing price is a correction only. So, technical analyst and fundamental analyst should be used simultaneously, either you are day trader, swing trader, or investor. assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Perhaps I might just do like what I had done before like buying at a cheap price. However, this also depends on my entry point, if I enter the market near its peak price then I might just hold it until the next rally because it will be a big loss if I will sell it right away so better if I hold it. If I enter a good spot where I already have a profit then I might just liquidate it and buy it again if it falls really hard. I won't place it into some altcoins because most of the altcoins are just following the track of Bitcoin, if it falls and so do the alts( Not entirely though because there are still some alts can be pretty good too).
I think I'll actually keep holding, as if previous history is anything to go by, the price comes back up in a couple of years' worth of time. And selling recklessly isnt a good idea, as I've learnt firsthand lol. As blockchain technology is implemented in more mainstream uses, I believe that more people will get to know about bitcoin and thus as interest increases, its value will someday go back up, due to the limited supply.
As you can see from the graph below, search trends spikes in Google also correspond to price hike of bitcoin, and that just shows that more the people get to know, more is the benefit in long term for all of us, as strong market emotion towards bitcoin directly correlates to how its price changes.
As you can see from the graph below, search trends spikes in Google also correspond to price hike of bitcoin, and that just shows that more the people get to know, more is the benefit in long term for all of us, as strong market emotion towards bitcoin directly correlates to how its price changes.
Taking advantage when it reaches the highest ATH is now the choice I make. Convert to fiat and hold a few percent for prep when prices start getting high again. Converting to Fiat would secure my advantage. I've reached the target I wanted and that's enough. and when the price of bitcoin starts to fall I will buy it again when the price really drops. the 2017-2018 bearish cycle warns me that there will still be more shocks to wait and be patient. Better to take advantage of the targets that have been achieved than and that's enough, don't be too greedy.
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
Have you ever heard of stop loss? If you ever had your BTC from 30K upto its above price, you should stop loss at 30K as well, same applies as to those who had it from 30K below, in which you would just take the profit and then return/buy on the dips. But honestly with the current uptrend and huge whales continuously coming to the crypto market, it is really impossible to break the support or half the current ATH. So selling it isn't really a good idea now, but accumulating is the best and safest way, whereas it is inevitable that the BTC would soon reach for maybe 1 USD per sat. Too impossible? Well think again.
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
I think it is not going to be that difficult to actually get out, but wait out would be easier as well. Last time bitcoin reached 20k, there weren't really that many people who bought there, but even worse, we went to 3k, there were tons of people who bought over 3k, so everyone lost money, only very early birds didn't.However this time around, the price went over 20k very quickly, we were all here before 20k, it was a loooong time before we broke over 20k, and we could say that even if it crashes to 20k, we are going to be fine, and if it stays above 10k+ there are tons of people who would be fine as well. So long story short I think people will be fine even if the price of bitcoin suddenly crashed and we will not have to do anything radical neither. I am not afraid honestly, it can drop to 13k and I would still be fine, which I doubt it would fall.
It is not on the options.
I am saving some of my salaries for that and if ever, let's say it actually happens and drop to that point; obviously, I will be reinvesting. With the recoveries that happened in the history of Bitcoin, we should know that the lower the price drops, the higher it will come back giving us more profits in the process. Buy low sell/hold high.
I am saving some of my salaries for that and if ever, let's say it actually happens and drop to that point; obviously, I will be reinvesting. With the recoveries that happened in the history of Bitcoin, we should know that the lower the price drops, the higher it will come back giving us more profits in the process. Buy low sell/hold high.
If ever such thing will happen again just like the scenario after the bull run in 2017-2018, I will still keep on holding into my Bitcoin since I have another source of income on my part so it won't be a cause of problem or panic but still I am considering to convert some into stable coins for a while and some parts to be taken into hold and since I have other source of income, I would spend some from my salary to buy more Bitcoin at a lower or cheaper price for we have been into many ups and downs and see Bitcoin undergo recovery so I would just be still and trust the process and take opportunity and advantage of the scenario to acquire more possible Bitcoin I can have to hold them until price recovers to gain profit from it.
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