What you will do if bitcoin price drops to 50$ and you have lots of bitcoin

[manselr]

Bitcoin will never go under 200 dollars again. We've seen 500 again, almost half the ATH, this means that the fears of it ever reaching such a price are over. Now the future is open and by open I mean high on price, forget about going back to the old floors.

[justbitcoins]

If price drops below $50, it means some disaster has occurred. If there is no long last effects, I will buy more coins.

[RealBitcoin]

If price drops below $50, it means some disaster has occurred. If there is no long last effects, I will buy more coins.

Well said I will do the same, because now I`m confident bitcoin will be in the long term.

(Have you noticed that as price goes down somebody attacks the forum and makes it slow?)

[CryptoBjorn]

I will sell before it hits 200 usd again.

It's way to volatile right now

[justbitcoins]

I will sell before it hits 200 usd again.

It's way to volatile right now

Does it mean if the price does not drop below $200, you will not sell and just hold the coin?

We might not see $200 ever if bitcoin gets used widely.

[Luqman]

Actually, this thing wont ever happen, but if this things happen I still will hold my bitcoin because I'm believe bitcoin have future.

[TastyChillySauce00]

if it was me, just sell it, nothing i can do, even manipulate market

[nekochan05]

if bitcoin price drops to 50$, i will keep my bitcoins in my wallet and wait until 3 months to see what i should do.. if the price will stable moving up in that 3 months,i will still keep my trust for bitcoin 

[CyberKuro]

maybe I'll wait bitcoin prices to rise again, but I had no focus anymore if the price drops to that extent. 

[bitart]

Depends on. If it drops from the current ~350 to 50 in a day, I would have a big dilemma. As I belive in bitcoin, I would think twice before I start to sell everything just to save myself. If it can drop ~300 in a day possibly it can drop to 0 as well. But if it drops slowly day after day from bit to bit, maybe it can mean that it will raise again after. Really depends on the situation and the current information...

[bit1]

50 is a price very very few probably, I dont found any reason to peoples want does panic sell really so low, In such case almost peoples will hold until price 0. The only thing that would to cause it could be something that do this obsolete or an unexpected disaster maybe.

[thejaytiesto]

if it was me, just sell it, nothing i can do, even manipulate market

It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.

[zodiac3011]

if it was me, just sell it, nothing i can do, even manipulate market

It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.

I absolutely agree. The whales can easily manipulate the price if they actually want. Therefore that's really unwise to sell that cheap

[Amph]

if it was me, just sell it, nothing i can do, even manipulate market

It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.

the whales themselves are manipulating it right now, with the help of miners, to keep the market at certain level, you will see that the new lower will be higher with the halving, to not allow that the miners be disappointed about their earning

[ultimatesky]

Lol doesn't seem realistic for this to happen

but if it does I'd still have trust and buy every bitcoin I could buy

Good investment for the future

[Mickeyb]

if it was me, just sell it, nothing i can do, even manipulate market

It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.

I absolutely agree. The whales can easily manipulate the price if they actually want. Therefore that's really unwise to sell that cheap

Even though I agree that there is a heavy manipulation right now in the Bitcoin market, I don't think that these whales would ever drop price so low! I mean to drop it all the way to $50 would be lunatic!

[iwasneverhere]

if it ever returns to 200 USD i am selling all my btc, and would consider rebuying at around 100 - 125 USD.

[--Encrypted--]

right now I only invest with what little I can afford to lose, so I'll just leave it be in case the price goes to $300~ again. if there's absolutely no hope I'll just sell all.

ofc if I'll be witnessing the price drop I'll probably sell right away on $200.

[bitart]

Everyone has his own limit when he start thinking about selling the BTCs. Somebody has his limit near to $50 but some people will start to think about it sooner, around $200. It really depends on the person and the induvidual circumstances. I don't know if the limit can be typical or not in connection with investing habits. Maybe if someone who likes to take risk (or to gamble) will sell sooner to buy it back later on lower price to maximize profit, or someone who belives in BTC and don't want to sell at all as long as there is hope that the system will stay alive in the future.

[HarryKPeters]

right now I only invest with what little I can afford to lose, so I'll just leave it be in case the price goes to $300~ again. if there's absolutely no hope I'll just sell all.

ofc if I'll be witnessing the price drop I'll probably sell right away on $200.

For me 200 USD is also a magic number. I guess I will start half around 200 usd with buy orders on 150 + some more sell orders etc.

When it go to fifty, i will buy some more and look back in a year;), simple because the stress..