Bitcoin Forum

So bitcoin price now crash and if you have 1000$ bitcoin it may be back to 900$ tomorrow so what will do ??

for me will exchange bitcoin to ETH and when price back to this point  will made other exchange from ETH to bitcoin and get free ETH

Shear us your strategy to deal with this crash ??

My advice to you wait now etherum values drop,not only etherum and bitcoin every currency only bitcoincash raise,you may invest money to bitcoincash but wait it's my advice to you.

I think if the price is falling down now, it is time to buy bitcoin for investment and hold it because it is just preparing for the coming fork, and for sure it will rise again after the fork with much higher than its original price before the drop down.

Simply hodl!

CME group is going to launch Bitcoin future by the year end and many more news are aligned in favor of Bitcoin. Bitcoin will eventually go up. Right now altcoins are getting hard to predict. Shifting to them is very risky and may decline you portfolio's btc value. I would advise stay in bitcoin and refrain from any trading right now. Let the mess of B2X and BCH get clear.

Yes save the value because bitcoin price will increase again.  We cannot predict the price seems to be but it is good hold and risks because outcome will be good.

If  you are reacting now, then it is quite late. ETH has been dipping for a few weeks while bitcoin was surging. I bought ETH and other alts when they are down. Right now, I cannot predict which way bitcoin will go. So if I have bitcoins, I will choose to hold or save them rather than risk them again on alts. Bitcoin is safer bet long term.

Never BTC can be reduced to $ 1000, it will increase to $ 10,000 and even more

Stop being so fiat centric. If you hold $1000 worth of Bitcoin, the number of the coins you hold will remain the same regardless of what direction the market moves to. On top of that, it's just a small decrease that we experience right now, and after the mad increase we have gone through in the last weeks, this shouldn't come as a surprise.

Ethereum is in a long downward spiral, which means that this is a coin people should avoid. Governments are more and more looking to find a way to put a stop to the ridiculous number of shit ICO's, and as result of that, the number of ICO's will only go down, and thus Ethereum as well. The only thing you and others can hope for, is a pump to happen, but that would be more or less similar to gambling.

What crash? ::)

i think it would be better for you to sell it right now and then wait a little bit for the drop.
afterward buy it back in the bottom and then hold it.
why ?
because Bitcoin move is very unpredictable,everything can be happen with it in the next second.
do not afraid about your portfolio value and set your goal to increase your Bitcoin position.
right now investing your money in alternative coin is not a good choice because right now they did not show any significant move.
in the next few days if nothing goes wrong we should see another decline,
it's a healthy correction because i believe next month we will see another run like a few years ago.
if you want to invest in altcoin,it would be better for you to but it later on in early 2018ish,
most people will start to get money after spending it, and altcoin is the way to make money in cryptocurrency.

the conversion  Bitcoin to altcoin in the present time is very risky. just price them reverse the direction you will disadvantage heavy losses
the better off you please exchange about USDT and wait for the price drop to a lower level and buy them again. sure you will gain profit or at least you will not loss

time now is better to buy more bitcoins  may be price not down to  range 6,000$ again

I suggest that you don’t sell for a loss. If you made money and want to sell that’s fine, but selling at a loss defeats the point of investing in Bitcoins. It will eventually go back up. We could be in a short price dip or it could be a longer correction, but the price will eventually get back to $7500 at some point. Many of the altcoins aren’t doing well either so there aren’t many options for moving money. I’m going to hold for a while because I think the price will go back up soon unless the Segwit2x fork back on.

Do you think it is a brilliant strategy? If you shift and the price recovers quickly, you will be left wondering what to do. If you are a long time holder, you won't be bothered about all these short term dips. That is my strategy.

If the price of the bitcoin drops, it is the best time to buy it. Afterwards, hold it until the price rises again. It is one of the best way to gain credentials and capitals for the next future days.

no price down now and best way is to buy more of bitcoin ,
other all altcoins now down and when bitcoin rise it rise with more than 500 $ but others rise with 20$

You have it the wrong way, if the value of your bitcoin drops to 900$ from 1k$ you should not touch it or dump it. Once the price goes back or over the original price you will be in - profit. Better to exchange it to ETH once the price goes over the original 1K$ and trade to bitcoin when bitcoin dips again.

Thats nice idea while bitcoin is at it's  low now maybe the time to exchange etherium coins and sell it while at its high. I will just add up to that if it were me sell that I will bitcoin while its at low because if the price of bitcoin surge again and rise man that would have a great return on your investment that is maximize profit and would be great for your investment it's  like hitting two birds at one stone.

The price always goes down and up, you know it and this was always something normal



It looks like you're trying to get people to invest in ETH.


this crash??

 ???

The strategy has always been the same, buy low and sell high

This happens several times this sudden drop in bitcoin price is a normal cycle bitcoin needs to experience but we  should not worry because this is temporary and selling your bitcoin at this point is not a good idea we must trust bitcoin because surely it will pump again in week or two you will regret selling your coins during the drop I am confident after this a higher value of bitcoin will come

This happen for numerous time already on bitcoin I actually seen it crushed up to $140 per bitcoin for about 2 years ago if you sell those coins already then you gain nothing you just lost but if you sell it today you absolutely gain a huge profit so to answer your question based on the past history of bitcoin the best thing to do is to hold your bitcoins and wait for it pump again it may not take at least a month and you will see bitcoin price soaring high again.

It's pretty normal to have think kind of movement when it comes to bitcoin price , It was always been up and down that's how the market goes ! This time was actually good for traders because they could buy more bitcoins and I think that it what you should do also , if you have a coins now better hold it and wait for the next pump

I suggest that you hold your bitcoin. The price dip of bitcoin that is happening now  is natural in btc market. But for sure it won't take long the price will go up again. Besides that's tge whole point of btc investment, holding it for a long time so you can have better ang higher return of investment.

Sold most of my bitcoin for alts already and I am also doing just like you, holding large amount of ETH right now along with good amount of ETC.
ETC is already in massive pump and I think we will see similar thing with ETH in next few days.

But missed chance to make massive profit with bitcoin cash, sold quite early. >:( :-[

Bitcoin is down, cash flow is basically into altcoins among which BCH is the main. Altcoins are gradually increasing. Right now the best way to cut the loss in dollars is to get into altcoins. Altcoins are at good entry point and ready to take off. If you are not good at analysing coins, then stay in Bitcoin. Bitcoin will most probably rise before the end of this year. There is a possible chance of Bitcoin hitting $9-10K because
CME Group is going to Launch Bitcoin Futures at the End of 2017.

The hope of volatility saves when the market prices fall that it can easily bounce back. But after the fork cancelled the price rose to 7800$ and from their the fall is still continuing and reached 6400$ and just quite unsure will it even break 6k and fall more below.

Honestly I don't think bitcoin will crash much further so I'd just hold it instead of trying to 'short' against it, the value will recover in time and for me it's not worth the risk.

I still holds some bitcoins. I have some BCH before, but been sold all out, i not disappointed about that. Even right now, i have no confidence whether to sell bitcoin to Eth or the other altcoins. But if I do sell now, i will get some loss for sure. But it seems this situation prices are correction only, the sharp decline in bitcoin prices started since last Friday. So I think situation will come back to normal at tomorrow Monday / Tuesday. This is just a temporary panic

I have recently sell my bitcoin to dollars. I'm planning to buy again once the price stables. But i just notice that the fees are way to high in blockchain.info with almost $25 dollars in transaction fee  ??? ??? ???. I thinks its too big because it cost me almost a week of a campaign. But still, i'm believing in bitcoins potential to grow before the year end again.

Yes it is now your perfect time to buy bitcoin because it is now decreasing so when you buy but ion just hold it until it pump. So when it pumps just sell it's that you can gain more profit.

The perfect time to buy bitcoin when its dumping it's price. But the good thing is to grab the chance to buy and this is a good strategy for me. I wouldnt try to swift quick to eth. So buy btc when dump and wait the price to recover.

I think this is not a very serious accident, because it was initially extremely low price bitcoin. So this is just a shift that is good enough for investors who have yet to gain a big advantage in the bitcoin, you should know that nowadays bitcoin still become King because it is a building created by BITCOIN is already strong and has many supporters. Continue to be patient and do not be negative-minded, bitcoin will remain the most profitable cryptocurrency.

That is just a very good point. If anyone has missed the chance before this present BTC dip, the best is to find some fiat and then buy in at this dip and enjoy the profit in a short while cause there is no doubt it is coming right back up. For those who may not have that luxury, the best is to wait now and watch it grow back because you would be making a mistake dumping your BTC for any ALT at the moment, unless you are just willing to trade.

yeah you have point bro . Instead of converting your btc to ETH much better to buy more bitcoin cause even me i am not satisfied on value of eth . Not the same with bitcoin even it fall deep theres a chance to jump again on its current value. What i mean the highest value it takes or surpass again and make a new record. And i think theres a possibility also after this hard fork maybe bitcoin is now gaining some streght to rocketed again like what happened before. 

for me personally now, will definitely choose bitcoin. because indeed I have a belief that the price decline is just a game that will eventually have a very high rise, so if the price of bitcoin has decreased then certainly the price will rise. and when the price goes down then it's a tremendous opportunity to be able to earn a huge profit. It's just that waiting inside bitcoin takes patience very high, otherwise it will be misstep.

I never trusted the eth. Now we will see a fight between eth and bcc. I think that should win the bcc. It is as close in its properties to bitcoin. I doubt that bcc will be able to attract the capital to btc. Most likely bitcoin will return to its normal condition. Nobody benefits from his death. Competition between bcc and eth.

Maybe it is better to hold than to transfer your bitcoin into ETH, it also cost transaction fees so I think you are just also wasting your time and losing some bitcoin and putting it into transactions fees. Maybe better to just hold your bitcoins because for sure it will still rise.

you will save the bitcoin it will good he to for the future investing and get the more profit. If need to save the bitcoin  you will hold the bitcoin in the wallet it will helpful to improve your self. You will easy to gather more information for the handle the bitcoin. it good opportunist for the life improvement.
 It easy to save the bitcoin in the wallet.

Why you guys suggesting him to convert the bitcoin as other altcoins. If you enough amount to spare your life for a week or month of time utilize that fiat currency for your commitments. I am sure that bitcoin price will bump in the chart again. With in two again bitcoin value raised almost 500 USD at the same time BCH value started falling that. Bitcoin connecting to rock again.

save bitcoin is possible with normal savings, but it's worth thinking about what actions are needed when bitcoin goes down. for the last six months we have already observed such abysses on the market.

I personally will keep bitcoin even though the price is stuck, I'm not in a hurry to profit from investing in bitcoin, so I will not go even though the bitcoin price falls.

Yeah keeping is a good idea for now and if others invest it's not a reason to sell for just no plans of important expenses. We should think about what's the price will have to reach for as everyone has expected for the nice price to come. Falling of the price is not a problem because that gives other investors a hope for another investments to go further.

I don't afraid with bitcoin price crash, bitcoin got a very good recovery, so usually I just sit down and watch the chart if the price is falling too low then I will buy more bitcoin, I already experience bitcoin crash for a lot of time and in the end the price always go up and reach a new ATH

I also find bitcoin more trusted honestly. There I prefer to keep it as bitcoin. Sometimes I want to turn it into ETH, then I cancel this idea. Bitcoin shouldn't turned into other coins. You better keep it as bitcoin. Maybe you can turn it into USDT in risky times.

Undoubtedly, ethereum has become a more stable store of value than bitcoin, but investing in ethereum itself is a worthwhile decision, so I would not be surprised that after seeing this constant volatility and instability in the price of the bitcoin, many investors begin to consider ethereum as a valuable option to invest in the long term, which could mean a significant increase in its price.

When you invest in bitcoin, you should have anticipated that bitcoin may drop down. And if that is the case, just wait for it to go up or increase your bitcoins.

bitcoin is always a drop. but I think it is just a moment because of some cases the bitcoin drop. this has never happened in a long time, it only takes 1 week (the longest) to make bitcoin back in the pump to a high price. investing in bitcoin is the greatest asset that ever existed today. and this will definitely carve out history

Have you ever considered if the bickering between Bitcoin and its forks continues eventually people may get fed up and move on to a less politically charged coin?

A lot of people are panicking but cannot blame them since its been days since bitcoin went down. But as for me, regardless if its altcoins or bitcoin, its hard to decide if im going to sell or not. Its too risky right now. Maybe lll try to eait until everything goes back to normal.

And after the hype on bch is over, btc price is on the way up again. So probably that answers your question when you posted this topic. Patience really is a virtue and wait a little more btc will hit over the roof again.

The problem is that the main use of bitcoin right now is currency speculation. When is the fall rate on any exchange occurs panic. This makes bitcoin the weak. Its capitalization is too much speculative capital which never has stability and constantly migrates to where at the moment the profit is higher. It will always occur until the scope of bitcoin.

I still believe that bitcoin will recover and be back on its price then after that it is on his way to 10,000$. I will not convert my bitcoin into any other coin since I am going to pay for its fee and then when it gets back I will convert it again. Another fee, so what for ? I will just save it in my wallet. I will only not save its value but gain more when surpass its last highest price. Let us be more patient, let us put in our mind and accept that every drop is a part of bitcoin.
BCH pump but for me bitcoin is still number one and most powerful coin. Bitcoin will get back any time.

I think the price of bitcoin will again moves to the star.Since the BCH price get stable ,it's possible to see the high raise in the price of Bitcoin.Even I was waiting for that.I had brought 2 BTC at the price of 7000$,so I want to sell the bitcoin.If the price of bitcoin again raise to 7500$ means,I will sell my Holding.

It will, just hold on to it. Christmas is around the corner, hoarders will soon dump them btc for buying gifts and shit. Price will go up even more after one more massive dump.

BCC will not be able to hold its current crazy high value for too long, and as soon as delusional people stop buying this shitcoin, or just run out of money, it will tank to sub 0.1BTC levels again. Do people even wonder how far the Jihan cartel is with selling its entire BCC holdings? Probably not, but they will find out when it's too late.

It's up to you of course, but what's the point of securing profits when you haven't even made a 10% return (if you end up selling at $7500)? If the market increases further after you have sold your coins, which is very likely going to happen, the chances are on the higher side that you will end up buying back your coins at premium levels.

Well that's a thing that's indeed very exploited by entrepreneurs bitcoin certainly already know and understand about the bitcoin. So, it would be much better if indeed we want to intend to do an investment in then buy bitcoin and let prices soar as well as the appropriate target that we want, if it is available then it would be much better to sell it just a few to look for or benefit that is desirable or that long awaited.

Doing that now really will not make sense and you may end up experiencing some losses at the end when BTC starts giving the bullish nature later and ETH is not really giving so much that the downward trend it has been giving so far. Your best option would have been to exchange it to USDT when the value was still hovering around $7000-$7200 since this testing of support and breaking some of these supports was expected.

Now, you would have just bought more bitcoin at the present correction, because it is possible for us to start experiencing some bull run soon.

Hi man! I'm really worried about bitcoin cash versus bitcoin. After the Btc price went down very fast I exchange all my Btc to bitcoin cash. After three months exchange bitcoin I earned a great money and now I lost everything that I earned if I sell the Bch. I bought Btc at a high price, more than $7500 and exchange for Bch after it has fallen more than 20%. So I lost still more 15% and I'm very sad and I don't know what I must to do or believe. I'm lost. I saw that Bch is faster than Btc and the fee are much cheaper. So I thought that could be a good cryptocurrency to hold and believe. I'm losing more than 30 thousand dollars right now. I realized that I fell in a big speculation of the giant's miners and exchanges. What is your opinion? Do you think that is better sell my Bch or hold them?

We are close to where we started, the price of bitcoin is back to normal this must show us that sometimes the best thing we can is to do nothing, I know that sounds passive but in this case that was the best thing to do, just prepare for the storm and keep holding, and as we can see that brought good results like always.

It is true that bitcoin has remained very volatile over the years, but in all cases it has always been able to impose its strength and it is increasingly established as a reality in the current economy, therefore it will always be convenient to resist in those moments of high volatility and continue holding our bitcoins, since it has shown that the possibility of reaching $100,000 is imminent in a few years.

If you convert bitcoin into eth whenever bitcoin price will drop back, it's not save the value, but more likely save your money in number.
I have regret to bought eth using my precious bitcoin, so I won't recommend to do so. If you want to save the value, just use bitcoin in daily transaction and stick to bitcoin as the main currency, not by sell it in every chance you want.
But, if you can't, just hold bitcoin, do not dump it. Because bitcoin price will recover in relatively short time and rise again.

Jumping to an alt when Bitcoin is going down is the best thing to do. And Ether is a good option since it's value is stabilizing in the 300 USD value. Though going to BCH then was the best choice, ETH is good.

I am not a good trader so when Bitcoin goes down, I just hold them and wait for it to increase again. I do not loss any value unless I sell right.

BTC has always been unpredictable and so far, I can only see the work of whales waiting for someone like OP to make that mistake he is about to make and then take the profit. Whales are normal market movers and manipulators and they are huge traders looking to make profit.

There is absolutely nothing we can do about them than to either watch the market movement to make trading decisions, and if you miss it, leverage on other means to make profit. Simple! But the best shot is to HODL.

Funny. You should know that all cryto world are interrelated and depends on bitcoin.  when the price of Bitcoin was dump around 6000 Dollar, same time alt was also dump including eth. but now  You can see the price of Bitcoin already pump aound 7500 Dollar. Possible to go pump more and so alt are also pumping including eth  

Not going to happen, the reason there is so much political issues with bitcoin is because it is the number one coin, if litecoin was the number one coin then all that drama will be on litecoin, so all this drama is unavoidable and we must accept that the drama comes with the number one position.

I will not do anything if Bitcoin does go down because all i know it will be going up again and that is just a temporary down. So why would you going back to altcoin when you don't ever needed the again? I guess if you were a short term trader maybe i could accept that but if you were just holding for a long term trader why would you do that? It doesn't make sense though.

If ever I keep on the track and sees bitcoin crashing again, I'll do nothing but to keep on saving. Transferring your funds to some other alt coins looks good and effective for saving the value of your bitcoin. But I'm not that scared when it comes to these dumps, I have a strong believe that bitcoin whatever happens will stick to the speculations of many for getting to a higher peak.

That is a good analogy to coin the term regarding these dramas going around but we need to come up with a good solution to tackle the problems we are having when it comes to scaling as the transaction fees are getting bigger with the price and we need to settle this issue as we once were proud that we did not having transaction or minimal charges but now things are not the same and i would like to see those days back in bitcoin. Since the crash was reverted there is no relevance in talking about this topic anymore. ;)

I do agree if you want to transfer it to altcoin then you need to wait for that altcoin to decrease in price.  And I think OP's strategy will even make him lose more BTC since he is buying when ETH is rising and Bitcoin is dropping, then convert it back to Bitcoin when Bitcoin is rising and ETH is dropping.  Isn't it should be the other way around?  Oh well if OP is playing like this it would be best if he just hold his Bitcoin and wait for it to go up in price again.

you didn;t know when will it's price will rise or down so how could you save your value

you said that when you have 1000$coin  then market is falling yes you can sell your coin and buy back it at low price

that can make you have more coin .   

There are two types of investments in bitcoin. Long term investment - you buy bitcoin and you hold it in the wallet for a few years without touching it and short term/trading investments - wich means you buy when the price crashes and it is low and you wait until it starts to increase then you sell it.

So if the price crashes I would recommend to wait a few days and not sell your bitcoins immediately. That's the biggest mistake you can make. If you look in the past of bitcoin , every time it crashed the price increased even higher than it was before crash. And that happened absolutely every time. When the price starts to drop don't panic, just wait for it to come back

It is extremely risky!
Would have been much better even trading directly against USDT when it was still high and then trading to buy more of BTC now to wait for the value to grow back, but it is too late. Also, for those who did not really buy ALTS at dips back then when they were lower, there is just no point trying to do that now but I would rather hold than try to gamble the market, most especially if I have no idea about trading.

When segwit got activated I think that many of us thought the drama will be over but we have found out that to not be the case, but I think as time passes things are going to finally calm down and the only thing left is to see which solution the market is going to choose as the best.

Noobs probably were thinking the drama was over, but if you are up to date with things, you know that there was an economical majority agreement where SegWit would get activated, where months after that a 2MB hard fork would follow. In easy terms, it was nothing more than a temporary calm down moment for the market till in November the hard fork would take place. Right now we can safely say that at least in the short term, the scaling drama is more or less over, but I am fairly sure that this isn't a definitive end. It's just a matter of time before another attempt to 'hijack' Bitcoin will happen, which then will result in a chain split -- greed is what it's all about.