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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
jossiel
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July 07, 2016, 12:36:45 AM
 #1421

I believe i would invest around 200-500 dollars to get a good ammount of bitcoin, soo when the darkeness around it runs away i could make insane ammount or atleast to be able to tell the history of bitcoin to my family when i get older.

Wow that's a kinda big invested on it. But if the price fluctuated even another $1 then you are going to earn already maybe half of your investment.
And that's what I'm going to do also.
But maybe I can just afford to invest about $100-$300 bucks by that time.

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July 07, 2016, 12:54:15 AM
 #1422

I believe i would invest around 200-500 dollars to get a good ammount of bitcoin, soo when the darkeness around it runs away i could make insane ammount or atleast to be able to tell the history of bitcoin to my family when i get older.

Wow that's a kinda big invested on it. But if the price fluctuated even another $1 then you are going to earn already maybe half of your investment.
And that's what I'm going to do also.
But maybe I can just afford to invest about $100-$300 bucks by that time.
This is very impossible but as your question if bitcoin will drop to $1 i think i will invest $1000 - $2000 and i will just hold and sell it if the price will get doubled or triple the amount of my investment.
And i agree with you that you can only invest what you can afford to lose.
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July 07, 2016, 01:00:54 AM
 #1423

I believe i would invest around 200-500 dollars to get a good ammount of bitcoin, soo when the darkeness around it runs away i could make insane ammount or atleast to be able to tell the history of bitcoin to my family when i get older.

Wow that's a kinda big invested on it. But if the price fluctuated even another $1 then you are going to earn already maybe half of your investment.
And that's what I'm going to do also.
But maybe I can just afford to invest about $100-$300 bucks by that time.
This is very impossible but as your question if bitcoin will drop to $1 i think i will invest $1000 - $2000 and i will just hold and sell it if the price will get doubled or triple the amount of my investment.
And i agree with you that you can only invest what you can afford to lose.

We know it, that it is very impossible today because bitcoin is already on its way to the top but this is just a speculation.
And wow you have a lot more capital than ours.
For sure you are going to get more profit once it fluctuates to $2.

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July 07, 2016, 04:41:10 AM
 #1424

I believe i would invest around 200-500 dollars to get a good ammount of bitcoin, soo when the darkeness around it runs away i could make insane ammount or atleast to be able to tell the history of bitcoin to my family when i get older.

Wow that's a kinda big invested on it. But if the price fluctuated even another $1 then you are going to earn already maybe half of your investment.
And that's what I'm going to do also.
But maybe I can just afford to invest about $100-$300 bucks by that time.
This is very impossible but as your question if bitcoin will drop to $1 i think i will invest $1000 - $2000 and i will just hold and sell it if the price will get doubled or triple the amount of my investment.
And i agree with you that you can only invest what you can afford to lose.

We know it, that it is very impossible today because bitcoin is already on its way to the top but this is just a speculation.
And wow you have a lot more capital than ours.
For sure you are going to get more profit once it fluctuates to $2.

i think if the bitcoin hit $1 i will buying a lot and holding it until reach $1000 again so i can get 1000% profit  Cheesy Cheesy Cheesy Cheesy Cheesy
i doubt bitcoin will fail to $1 rate, but maybe in future if new technology coming,and new technology replace bitcoin, then people leave bitcoin.
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July 07, 2016, 05:39:51 AM
 #1425

I will buy more and hold it till it increase its value again. But as early as now, I'm already trying the other crypto currency like Ethereum. You should have a back up. But I think, it is really impossible for Bitcoin to drop to 1$ if you will based on its performance now and I hope that it wont really happen.
But it's better to not only relies on bitcoin, just trying another crypto if sometimes bitcoin getting their weakness. you must have a reserve minimal just 1 another cryptocurrency. sometimes its will very useful if the main currency in your way getting a weakness at that time.

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July 07, 2016, 05:47:29 AM
 #1426

I will buy more and hold it till it increase its value again. But as early as now, I'm already trying the other crypto currency like Ethereum. You should have a back up. But I think, it is really impossible for Bitcoin to drop to 1$ if you will based on its performance now and I hope that it wont really happen.
But it's better to not only relies on bitcoin, just trying another crypto if sometimes bitcoin getting their weakness. you must have a reserve minimal just 1 another cryptocurrency. sometimes its will very useful if the main currency in your way getting a weakness at that time.

Correctly! We need to diversify personal assets.
Nobody unaware that will happen to Bitcoin in the future. And as it can take the government. However, they say that in the distant future, Bitcoin will be on par with other cryptocurrency.
Moreover, judging by the current events related to the increase in prices Bitcoin, we see altcoins dropped in price. It can be concluded that if the Bitcoin will lose price, altcoins grow.
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July 07, 2016, 05:51:57 AM
 #1427

if Bitcoin drop to $1 i will buy more bitcoin and keep it hold till then price going to increase because bitcoin get more increasing his price in the future .
The only prediction you if the price will go up? what if prices do not rise even bitcoin be dead?
what would you do with many bitcoin in your wallet? I think you're going to bother with it

Bitcoinbro
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July 07, 2016, 07:23:37 AM
 #1428

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.
I would buy as many coins as possible but first I would find out if it still would make sense to buy them.
Because maybe the price is that low because it is going to be the end of Bitcoin.
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July 07, 2016, 08:10:17 AM
 #1429

If the bitcoin dropped to one dollar i think there will be allot of peopel who are quitting with the bitcoin because they dont see future in it any more
so when the bitcoin goes to just one dollar he is going to disappear.
That's true. And even before bitcoin drops to $1, there are already a lot of bitcoin users who have already quit by then.

On another note, this drop in value serves as a new opportunity for those who are new to bitcoin and to those who are truly loyal because in all honesty, I don't think bitcoin will stay $1 for long since there are a lot of major companies/groups that have already adopted bitcoins and they too are deeply affected.
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July 07, 2016, 08:14:45 AM
 #1430

First of all, it will not drop 1$ this is 100% sure. If anything happens and it falls means nothing I will do I just collect coins as much as possible, and I will hold it in my wallet. This is the only way I know. Yes with 1$ what we can do right.
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July 07, 2016, 08:21:35 AM
 #1431

If bitcoin dropped to $1, I'd probably try to buy them.

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July 07, 2016, 08:35:40 AM
 #1432

I will sell all I have to buy btc
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July 07, 2016, 08:37:17 AM
 #1433

if that happen i will buy every single $ that i have it is a good opportunity as bitcoin can bounce back right away
so buy more and hold wait again and it will be rising up again for sure.
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July 07, 2016, 08:38:56 AM
 #1434

First of all, it will not drop 1$ this is 100% sure. If anything happens and it falls means nothing I will do I just collect coins as much as possible, and I will hold it in my wallet. This is the only way I know. Yes with 1$ what we can do right.

Yeah even if we loose faith in bitcoin we can still afford to give it one more chance by buying at $1 price, even if it disappears after that it won't make much difference to loose as $1 is something like almost free.

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July 07, 2016, 08:42:51 AM
 #1435

if that happen i will buy every single $ that i have it is a good opportunity as bitcoin can bounce back right away
so buy more and hold wait again and it will be rising up again for sure.

Well, It really depends WHY the bitcoin price is that low. There might be some controversy with how the system should be run or so on. If that is so, then buy as much bitcoin as you can.

 However if the entire system is dysfunctional, don't buy.

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July 07, 2016, 12:11:33 PM
 #1436

I will continue using bitcoin if the last piece of satoshi is still available. I'm not worrying about this because btc is keep on moving upward so dropping its value to $1 is really impossible now. Maybe i will leave the bitcoin community once I don't have more time for it.

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July 07, 2016, 12:14:54 PM
 #1437

if that happen i will buy every single $ that i have it is a good opportunity as bitcoin can bounce back right away
so buy more and hold wait again and it will be rising up again for sure.

Well, It really depends WHY the bitcoin price is that low. There might be some controversy with how the system should be run or so on. If that is so, then buy as much bitcoin as you can.

 However if the entire system is dysfunctional, don't buy.

I think its very easy to say at a moment that buy as much as you can but can be really difficult to implement in real if it really happens in future as after seeing that low price majority of users will be scared to invest in it.
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July 07, 2016, 12:27:53 PM
 #1438

I will sell all I have to buy btc
the same for me, i would put in all the fiat into bitcoins because there would be nowhere to drop for the bitcoin and from then on it would be only able to grow in my opinion though thats just a guess

 
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July 07, 2016, 12:45:06 PM
 #1439

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.
I would buy as many coins as possible but first I would find out if it still would make sense to buy them.
Because maybe the price is that low because it is going to be the end of Bitcoin.
of course the best decision is to buy as much bitcoins right now as possible because in my opinion if bitcoin dropped to 1 dollar then it would still be possible to make some profit in the future i think

 
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July 07, 2016, 03:35:01 PM
 #1440

If bitcoin dropped to $1, of course I will buy many bitcoin as much as I can. I will keep it until the bitcoin increase.

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