Bitcoin Forum

Do you choose to hold or sell? I choose to continue holding.
 :D :D :D

It already happened a few times and of course I kept my bitcoins. I see no reason to sell so low except if you are very confident it will go even lower to buy back more. Because such a fall can call just a reaction behind. It is a great buy opportunity and many will take it. We just saw it with the Bitcoin Cash failed pump.

it happened and it will happen many days in the future , that's what making crypto market crazy these days cause the price isn't moving steadily
you can easily see bitcoin and other alts going up or down 20% or more suddenly , and usually these based on bad or good news
selling when the price dump is so crazy , so you either hold or buy more

so you should expect these things if you are totally newbie

Even if the Btc falls i will continue to hold it, because it already happened and after some time its value grew up more than it should , so i think that when Bitcoin will fall again, instead of selling it i will probably buy more

20% a day means that within a week the price would be $0 so I assume you mean a 20% drop in one day. Let's say it happens today, the current price is $7720, a dip in the price of 20% would be around about $1500 so the price will be $6200. Doesn't look that bad, I would hold my btc (no reason to 'panic sell') and I would definitely buy more coins, no questions asked. Cheap coins are the best coins.

I'll hold it for it will suddenly rise due to fork this days.

For me, it's an opportunity to buy more Bitcoins. I feel like it's gonna stay growing for at least the coming 2-3 years.

I'm just holding it until Bitcoin until I'm a millionaire or really need the money. I usually buy more of it in dips like this one too  :)

Regards,
Trump

I agree. I also use this strategy. I really like the results, which shows bitcoin and other similar crypto-currencies. This is a very profitable occupation and promising.

It wont matter as it has happened already in the past. The recent pump of BCH was one incident that made BTC drop more than 20% from its initial value. It did effect the Bitcoin users but didn't make much of a difference as the price was recovered soon. So even if BTC falls more than  20% people will still buy the coin as they believe in it and it will soon recover the price. So holding BTC is the ideal choice for every situation.

You don't know how percentages work, do you?

If 20% of the price falls then actually one will just need to see the reason for that drop. If the drop is due to some major reason then advise will be to sell it and just not that great reason than one should actually start accumulating the btc as price will rise quickly up again.

I believe OP meant if Bitcoins fell 20% during a crash. If I have some money to spare I would certainly buy the dip. As we have seen it multiple times after every fall Bitcoin comes up strong. There no going back. Buy and hold!!

Frankly speaking if its in course of a great fall I would rather sell it to buy it back at dip. There is quite a good amount of profit that you can earn this way too. I don't really find any problem in this. So rather than merely being a spectator I would like to be in action.

I have the same choice with you, and continue to hold it. Because from the current situation can be drawn, the market will continue to heat.

I am not hodling anymore. I was holding from 400 but now it doesn't make any sense. I doubled when it was 800 and so on. BUt now ?
It has to go to 14k to only double no way to big risk for losing money.

I am out.

Bitcoin is highly secured currency. So I was always hold in 50 percent of Bitcoin. Other 50 percent is invest in some other altcoin. Because bitcoin is one of the locker. It is more comfort to use and it will increase the value in day by day. This is one of the huge profitable investment. So I can more spend to invest in Bitcoin. There is any constant fall in bitcoin. I can exchange bitcoin to some other altcoin.

Its basic nature of a currency to move on both directions up as well as down. Because these currencies works purely on the flow of demand and supply. When demand falls or supply increases its price falls. Prices also fall when some bad news comes about these currencies. The investors become panic and starts selling it. This has happened with bitcoin, when China declared to ban/ regulate bitcoin. With this news bitcoin prices falls sharply by 20%. But it was a temporary impact, after that market recovered and within few months reached a new high. Bitcoins investors consider this fall as an opportunity and collected more and more coins.

Surely must know the cause of the fall in prices. If because of false news, segwit, theft. I will keep the coin. if the destruction of the system, network or developer destroyed, then I will sell it.

Ill research what is the root cause of this fall, then buy bulk coins if the issue is not very trivial.

If it is destruction of the system or network you will be unable to sell.

That is what many here do not seem to understand. When there is a true crash you will be unable to sell in time as the time to get transactions done will be far too long.

It will be the same as a theater with 10.000 people inside and only one small fire exit. If you hadn't already left the theater, there is very little hope for you to get out when there is a fire.

Bitcoin is less than 10k usd, and I won't sell it. If it falls, I will choose to continue buying bitcoin because I believe bitcoin can continue to rise.
 ;D

Still hold it, there is no reason to sell. i believe it.

Good point.
prices bitcoins falls 20%, it could be a discount day, if you are quick to respond you will see this as an opportunity to buy more.

You will kick yourself, if you do that. We have only recently seen institutional capital coming our way and if that is the

beginning, then I want to be there when these guys goes all in. If this trend continues, we will easily double the Bitcoin

price in a year and it will go far beyond that within 5 years. Stay calm, take 50% if you have to, but keep some flesh in the

game.  ;)

Of course, I will continue to keep bitcoin. It's just wonderful, I'll buy more bitcoins and other currencies, this is an ideal opportunity to increase my capital.

That sounds very much like a Dream scenario :D Falling 20% a day for a week would be sweet ;) Just in time to buy more for the pump ;)

if falls 20 percent down a day? to all buyer bitcoin is better because bitcoin goes down the more big amount you buy if bitcoin down.

In investment, they said buy low-sell high. It happened before in BTC. So I'll hold for now and wait for the right time to sell. Anyway, prediction is good for BTC

i think it is not a true argument that the bitcoin will drops down value as the experts of this system is trying to expand the crypto currencies in the world they are making good policies for the betterment of bitcoin i think it will be a false judgment about bitcoin. any how if it happened in the future i think the crypto currency will collapse.

My action will depend on some other situations. At this moment we are riding high on positive news of main stream adoption like CME group, Man group and Square payment system. So the market is over all positive. So at this situation, a dip of 20% will give me an immense opportunity to buy bitcoin at a cheaper price. SO I will continue holding for sure and I will also buy more knowing the future potential.

20% it's not the number to start the panic. These days it's normal. So, no, I won't sell it.

if we look at the current system of bitcoin it can't be said that it will devalued up to 20% day by day because it has backed by a strong system we called that the crypto currency system as it will not be down in the short period there will be a false information if this happen in the future. the expert of this system are trying to expand the crypto currency everywhere in the world there are so many countires like japan and some other countries are accepting this currency.

that's right if you have good  judgement and you study and assess if the value will fall then its okay with you to sell for a while and wait for a good timing to buy back, i'm doing it with alts but never with bitcoin as volatility is so fast and chances to be left over is very big so its better to keep holding.

What kind of bollocks is this? Of course it can drop 20% quickly - that is what happened just a couple of weeks ago

Why I should worry if it drops by 20% a day it can pump 100% in three days its the nature of bitcoin I get used to when it crashed it pump the cycle just go from time to time but the best part about that is at the end of each cycle bitcoin ends up with a very appreciative value so instead of worrying I better sit back and if possible buy more bitcoin

It hasn't been a week yet since the drop to 6k. Ups and downs have always been a part of the crypto world and I won't only HODL I will buy!

If the price of bitcoin falls 20% today then i will just buy it because i just sold my bitcoin to the peak for a few days ago and i am planning and waiting for a huge dip to re-enter the market again because the market of bitcoin or the price, rather, is not yet strong to maintain it for the next few weeks so it may have some huge dip that can be a great entry for me.

I do not think that any serious bitcoin holder will worry about the dump in the chart because they are watching the price graph from the past 9 years and well known about the reason for the dump. So they will never sell their bitcoins when the value dumps as well.
When the bitcoin dumps most of the traders nowadays buy more bitcoins in that time and sell it once the bitcoin value recovered.

I would probably keep on HODLing my bitcoin because i know bitcoin will rise again. If you will just look at the graph, you can see that everytime bitcoin's price falls, it will always rise putting traders or investors on a winning situation.

Wow Einstein. You clearly are a knowledgeable investor who knows what he is doing......

They were slow and expensive on purpose. When the market drops, the miners favor their own transactions first so they sell at the best prices. When the market turns, they again favor their own transactions so they buy at the cheapest level before letting any other transactions through

Actually I am praying for Bitcoin to drop more to reach 5000usd as I have a short order from 8000usd.  Once it reached 5000usd, I will create a buy order to get profit from any Bitcoin price direction.

I believe that 90% of people will choose to continue to hold, in fact, I will choose. But I think we should also consider, down 20% of the specific reasons, if it is market panic, or to be prepared, it is not reasonable to continue to increase the chips at this time. Anyway, I'm going to invest in my own investment plan. Will not be affected by the market bitcoin prices

Personally, I prefer to keep to the last. 310 dollars was on the account 11.11, now it's 370. I think it's better to wait until the BTC grows to 10 thousand.

If you are an experienced trader , there is nothing to panic or worried because if that happen bitcoin can easily recover. Instead we have to buy more bitcoin so when the time that bitcoin value will increase again we already have profit. Holding your recent btc + buying more = great combo/great profit.

if the price of bitcoin falls 20 percent  a day than i think nothing will happened to us.people will hold bitcoin and buy more and more bitcoin due to decrease in price and when  its price moves upward then they will sell it

It would be newbies who would get panic on seeing even a small price dip and would immediately sell their bitcoins becoming victims to big whales.But i would just hold my bitcoins as i have already seen such situations earlier and would even buy more bitcoins at such a price dip.Even its not the price dip which matters,but the FUD which follows it make newbies panic and encourage them to sell their bitcoins.

I hold bitcoin with 600$ :D I laugh at people who dump their bitcoin when the price drops

As far as I remember, Bitcoin price has decreased much higher than 20% a few times. I wouldn't be worried about my life savings. I would be angry that I haven't sold my BTC at the ATH in order to buy it after the price decreased.

i will buy more and yes bitcoin can fall 20% like what happen when china ban

I hold, buy more if I can. Bitcoin has the most and the best devs, the most tested technology, and the largest pool of supporters. With futures next month and ETFs next year, it's future is bright. There will be dips, nothing goes straight up. That's an opportunity!

It depend if this is a regular correction then I will rather buy more, but if BTC fall coz of some bad news like govt. Ban or regulatory policy etc then it is better to sell it coz I have bought it way down at $3000 and I will book my profit for a while and let the market be stable again. When I see recovery than I will again buy it.
I will rather want to play safe than being a fool.

If I notice that bitcoin was falling 20% a day I will immediately convert my bitcoins  to fiat and from there I will buy more bitcoins , as long that the price goes down I will have more bitcoin and when it start to pump again I will profit more because I'll have more bitcoins that I initially have .

I would def. hold on to it. It should recover in a few weeks anyway.

People have to buy Bitcoin to buy other coins, so it will still grow up, don't worry

Actually this type of oscillations so strong has been a constant in the price of bitcoin this year, so we should already be used and not scared about it, because in all cases the price of bitcoin has always been overcomed those drops with renewed vigor and that's why we have it in the heights right now!

I don't think it will fall that much. Well let us hope it does not. I will continue to hold the vast majority of my coins for the future. I only ever spend a small amount on some items now and again. Bitcoin for me is Kent for saving and using as money. Right now it's in infant stage so it is like an investment that you can spend and that is why I try not spend so much because there will be more tomorrow if I don't spend today.

20% fall in price in a day is not the most beautiful thing to see but in this case i'd hold my coins.

As BTC gained more than 700% in this year only, a 20% drop can still be considered a small drawback. Hence, I would not sell my coins, maybe even consider buying more coins. One shouldn't be worried by small price corrections, if there are some.

That's correct, it's best to hold even if it falls for more than 20% in a day because it will likely rise back up again just as has been its trend in recent times. It's best to consider buying and stocking up more like you are saying because there seem to be nothing stopping bitcoin just yet and sitting idle and doing nothing about how you can maximize your profit from bitcoin is the last thing i will do.

People who want to hold their coins tend to not care to watch about the price from day to day all that much.

They have a goal in mind and are not swayed but the small ups and downs in the price.

Those type of people have probably been collecting them since the early days and wouldn't sell them at all.
Not even one bit. ;)

This thing can really happen to bitcoin because the value is still not fix and stable but for me I will still choose to hold because I am confident that no matter what bitcoin experience for sure it will end up with a very high value especially now that more people get to know it and are doing investment with bitcoin the demand will continue to grow as well as the value keeps appreciating.

It was impossible to happen however when that time comes I have to save my investment so as early as possible I will plan to cashout my bitcoins to prevent future loses

if bitcoin falls 20% a day, I think we still have more options to choose. I will keep it my own, and buy more bitcoin and pay attention to the market and of course expect to rise again or pumping, at least the profit cover the the cost when I spent the money to buy bitcoin. but if still fall day by the day with that percentage , I'd like to speculate in altcrypto. :)

Well that's what every smart guys do. But its also not a bad thing to pinch some money on the packet, right? I mean, you needed money occasionally or not often. No matter how long you will hold it, you will constantly needed money for your daily lives. If not to pay bills, having some other investments, or having a business. It will happen but then again if you have other sources of income, good for you.

Definitely going to hold and buy more, bitcoin is a hot item for now, a big fall will be chances to earn profit and alot of people queue up to buy bitcoin when the price go down, going down 20% is not a big deal to bitcoin users because bitcoin will do fast recovery

I try to never sell when the price is falling unless you are at the top of a big pump and it's just started to drop. That leaves buying and holding as the main two options during a drop in price. If you have some extra fiat that you want to invest, then buying Bitcoins during a price drop is a good strategy. If not then just hold what you have and ride it out. It will eventually rise up again because bitcoin is good investment.

in previous time we have already experience too many downfall in the rice of bitcoin, in very beginning people were not too much confident about bitcoin trading and a little bad news in the market would create big panic and people would start selling, but now people have become mature and even if there is selling trend in the market they try to hold their bitcoin and give good support to it. Which is not creating more panic and crash like situation in the market. ,/

To be honest im saving the much bitcoin i can, i do follow the value, and well i dont pretend to sell anytime soon my coins, i had exchanged a few bitcoin at 6000 dollars, because i were expecting the halving to crash the price, since no more forking the price keeps growing, and well 8000 dollars will became very soon the cheap value for bitcoin, it will get and find support, this makes around 800% into this year only... 20% means nothing.

I will keep all my Bitcoins. This is legendary currency, I don’t believe in its fall. But even if it happened I am sure that BTC will rise again. No forks replace BTC as a leader cryptocurrency world.

A 20% drop would still be affordable. Compared to how much bitcoin has gone up within the last year, 20% is pretty much negligible. If it fell beyond that though, mass panic would not be avoidable. Hopefully we won't see something like that, unless evrything crashes and vurns for some reason.

If such price fall happens, surely more new investors can been seen into the community. Even by that time the price won't fall directly low to 20%, maybe some fluctuations happen with consecutive price increase and decrease. Also those will be highly used as an opportunity by the traders to make good profit.

You will not easily sell bitcoin in this period, relative to paper currency, bitcoin is relatively safe, not easy to devalue. And it's probably going to be more valuable

Will be a change to more hold and buy more if possible we see bitcoin correction fast so will buy a lot and sell half

        Most of us here would probably say buy more, while opposite to some. Some also may panic sell when it drops for even 5%, but as for so many experienced traders and in think its quiet right also when you have any amount and the price drops you can buy and hold for it for longer term.

With me ,  I should keep and buy more, I believe Bitcoin will increase more,
Because Bitcoin is getting more and more valuable, the utility it brings is much, convenient transaction, easy online payment.

I would surely keep holding the BTCs I already had and would try to buy some more... A hypothetical drop like that wouldn't continue for much time, as people would see the price falling too much and would start buying again, increasing the currency's price and making profit. Somehow like what happened days ago when BTC dropped near $5500-$6000, I don't remember exactly, then right after the price came back to $7000 and now it's above $8000.

To say the truth people wouldn't let even Bitcoin drops 20% a day to start buying again, increasing the demand really fast.  :)

the cause of the bitcoin fall because of what, fake news or theft, but I will keep my bitcoin.

Your decision is good that your bitcoin will hold because for sure the price of the bitcoin will increae more or it will continue to increase the price in the future. Last few hours the price of bitcoin down lower than 8k dollars but it will back again and the price is 8200 dollars and the price will increase more and anytime maybe we see the price of 8500 dollars and next few days is 9k dollars.

It should be hold and add more...remember that a big dip is a big opportunity to buy cheap. Those who made Bitcoin purchases when it did 'crashed' to $5,000+ at the height of the Bitcoin vs. BitCoinCash war are now smiling because they already made some good money out of their brave move. This is actually normal in Bitcoin and we should not surprised if one day its value can go down less 20% or even more. We should instead be happy because it can be a good opportunity for others to also get into the Bitcoin party. To hold or not to hold seems to be not the question but this: How much are you holding and buying more when the price will crashed?

Obviously, this is a pattern that we should always expect and as far as I am concerned, it is more like a pattern that is trying to give some people some chance to pick up back at the point where they preciously missed. It is then left for each individual on how they really want to make use of those moments for their own benefit.

Really, I see no reason why anyone should panic anyway. Bitcoin has always shown some patterns like this and at that dip stage, people always buy more knowing if they do not utilize the chance to make that profit from the dip, they may never get that opportunity again. For me, I will just keep buying until the last dip, and then keep laughing as usual when it keeps coming right back up.

That's right, do not forget to buy from those who sell. And there will be a lot of investigators in a short time, the rise will be even steeper. But this will not be the truth?

well that's good if you can find people who's willing to sell their coins to you that's much better so you don't need to but in much higher value,
bitcoin will just fall for some corrections and it will bounce back anytime, just assess and thinks of this as a good long term hold.

Bitcoin is decentralized, up and down to 20% has happened several times, and I think it does not matter if the price drops 20%, it just makes me eager to buy more because I believes prices will rise even higher.

Even the fudsters attack doesn't work to the bitcoin. Bitcoin cash supporter already tried it in so many times to attack the bitcoin and make others move into the bitcoin cash. The price of bitcoin already dropped almost 25% just in some days. But the price jump again.

then you need to keep and wait for the rebound to go up)

Wow, what a sweet deal for me if that's happen?
Hold my bitcoins first and got the chance to buy more and more bitcoins.

If price drop %20 in one day sure i will wait %20 more drop then i will by more bitcoins.
Every price drop is a nice opportunity to buy bitcoin.

for me if that times happened 20%  adays bitcoin will fall . I think i will decide to sell early to protect my earnings. Lol and wait until bitcoin value became cheap then buy again and wait for the chance when bitcoin increase again . But its normal that bitcoin is decreasing cause its part of its volaitility but 20% aday it will decrease? Will  for me its not good how we become profitable if bitcoin still decreasing day by day. ?

If 20% a day drop price then 5 days bitcoins price would completely depleted which means it would be dead on 5 consecutive days of sudden price decrease. 1st day decrease it can still being  handled but on 2nd day im sure panic would really be there 40% drop isnt a joke which means theres something wrong in bitcoin how much more on 60% drop. You cant say that you would buy even more on those situations. You would really be hesitant on doing such thing.

There is an even better option which is to buy bitcoin with that huge discount, when you see that you should not react like, oh I’m losing money, the right frame of mind is, oh I’m going to get cheap altcoin, it is incredible that a lot of people get that reaction if they see a video game or a piece of clothing with a discount but they do not get that reaction with bitcoin.

It happened recently, more or less, when the price went to as low as $5600, but recovered to above $8000. This happened more than once this year and the price recovered fast.

Better thing to do it it happens again is hold or try to get some profit by trading, but the price may recover again quicker than you expect, like in the micro dump after the bitcoin gold fork

In that case, we could really use our bitcoin to invest with altcoins for the main time if bitcoin’s fall is at 20% a day. But I don’t think so that it will be possible for now to happen falling that worst percentage. You need to be careful sometimes of choosing those altcoins to buy with, because more there were types of coins that isn’t in demand and you could possibly drown your investments into falling value in the future that needs more months to increase its sell price. So better check the change frequency of an altcoin so that you eventually determine its trading activities, which could aim better progress.

If 20% a day and consistently then bitcoin will probably dead in span of 5 days, this might happen in the future but btc has a long way to go and as of now its not possible.

In the recent dip of bitcoin it takes just days and bounce back again with even higher amount so those who had the chance to buy at that time probably earn now. If btc fall i wont sell my coins, instead ill buy more to contribute for the price increase of btc.

It might that happen that it falls 20% a day and thats the end of bitcoin but for this moment in time thats impossible even its votality its still the strongest crypto,if its price decreases the next few days it pumps up again.It can regain its loss in just a matter of time so id better hold my bitcoin and dont do panic selling because i believe in bitcoin as proven in its long years of existence which have made people whose into this business become rich and millionaires.

Yeah, there will always be a rebound and the only thing that would make the value of bitcoin to keep going down is if there is just no demand for it and as long as we keep having believers, it is only to a little point before it starts rising again once all the weak hands are gone. It will start getting extremely hard for whales to start manipulating the market anyhow because if they feel their dump will get people scared, they will be surprise as people are going to be taking a lot back from them.

I don’t think so that this will happen in the future that bitcoin will falls at a rate of 20% a day it is impossible for bitcoin. As we have seen that bitcoin is famous in the crypto market the fall will be sudden and it has not fixed a percentage for fall in the prices of bitcoin. But before facing this situation the users will cash their money into their respected currencies.

If Bitcoin falls 20% so obviously I will buy some coin. I like to hold Bitcoin. I think Bitcoin will hit $10000 at the end of this year. Then I will sell some coin and I will wait for the next dump.

Yap it is just a one time to buy btc when price drops. Actually not just bitcoin but some altcoin for keepsake. And sometimes having a day job , i could really miss important news on coins in general. I would just go home and notice how the prices moves in just a span or 8 hours. It is not impossible for bitcoin to attain such and if the surge continues, people who hesitated to invest in early days would regret it.

And that's not only you, a lot of people would do it like that. Tho, depending for what reason did the price fall, we may or may not see the price rapidly going up. Bitcoin these days has a lot more investors and potential investors, so if the price was to go down by 20% as of now, and that's  a drop to 6400$ and with that a lot of investors will swarm the exchanges to get BTC that much cheaper, I would do the same as well, but that just might bump the price back up again.

FUDs are really becoming a thing that won't really work anymore since most people are now understanding that the control is in their hands and unless they are willing to go the loosing way, then they cannot lose. No matter how hard people try to break the chain holding the community together, they will never win.

Bitcoin has grown past what FUDs can affect and anyone who is dumb enough to fall for a FUD, there is someone smart enough to buy from them at a lower price.

I am pretty sure that one day Bitcoin will go down not 20% but more like 90% or even 99% but we have simply to wait for that day.

I thik bitcoin can't fall 20% a day. If bitcoin falls 20% a day i will must buy some coin. I like to hold. Hold is my profession. So i will buy some coin and hold it . If i hold in future i will get more profit.

Not at all, as the price is growing rapidly with time the fluctuation in bitcoin price is also increasing. We have seen a huge price drop today from $17453 to $14095 which is approximately 20% drop, but bitcoin managed to recover the price too quickly and now fluctuating around $16014. The best lesson from all these scenarios is holding is the best you can do with your bitcoins, don't do panic selling.

if bitcoin price falls 20% a day? I will totally encash it. Why? Of course, if will crashes soon or later if that's happen, maybe the price will makes negative price. You don't say anything that it will still recover right? So if the bitcoin will fall 20% a day I will sell all of it.

So you mean bitcoin will be priceless after less than a week? Well, who wants to hold anymore if that will be the case? But that's not going to happen because bitcoin will keep on rising every time it encounter's a dip and that's what i am rooting for when i hold my crypto assets.

Bitcoin price never goes down 20% daily as you said first of all. You can say like 20% rise per day and that happened last December, you should buy when price is so cheap and if you already bought it just hold it until it rises up as expected price by you. There are many reasons for dip or rise and nobody can predict exact price for future in cryptocurrency trading.

I think that it's better not to pay attention to the forecasts that sound for the future of Bitcoin. You need to be guided by the current events. If you can earn on the difference in price, then you need to do this. All the same, but Bitcoin rises at least a few percent and goes down, for the day and every day.