If Bitcoin price would fall to the bottom, what would you do next?

[avikz]

That entirely depends on the situation. If bitcoin drops to $1 then I will prefer to hold it for even longer. Because at that value bitcoin will not be much of use to me.

So I will hold it for another 5 years to see if it can recover. However, I believe bitcoin will never fall to that low. It may come down to $450 but not less.

[Superzpay]

The market cap of bitcoin is much higher and it is not controlled by a single person so it is not possible that the price of bitcoin start to fall and continue to reach the bottom, people have larger investments in there and they do not want to lose their money and for that theu will try to do something, and there are now a large number of businesses with bitcoin they also do not want to see crashing their businesses.

[mobilestrike]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

Bitcoin is the master of all crypto currencies and is considered as the base of crypto world, so if bitcoin will crash everyone will lose trust on bitcoin and will then do not join any other crypto currency, as it is a common sense that if such a stronger crypto currency can fall and make us lose then there no trust remains on any other crypto currency.

[Doamader]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

Bitcoin is the master of all crypto currencies and is considered as the base of crypto world, so if bitcoin will crash everyone will lose trust on bitcoin and will then do not join any other crypto currency, as it is a common sense that if such a stronger crypto currency can fall and make us lose then there no trust remains on any other crypto currency.

We all know that the most altcoins is just bump and dump, soo the main interest is into getting more bitcoins, thats why all make and risk their money at altcoins, sure its easy to make money at altcoins. I doubt crypto world would be able to survive without bitcoin, sure some altcoin would try to take bitcoin place but its more easy to believe crypto world would be over.

[DOGE12321]

If the price is to become worthless, I would immediately buy as much as I possibly could. Many people, including me, speculate that the price would increase once again if such an event is to happen.

If everyone turns out to be wrong in their speculation and the price doesn’t return to normal after 1-2 years, I would probably invest in some other promising altcoins like Ethereum.

[dunfida]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

Bitcoin is the master of all crypto currencies and is considered as the base of crypto world, so if bitcoin will crash everyone will lose trust on bitcoin and will then do not join any other crypto currency, as it is a common sense that if such a stronger crypto currency can fall and make us lose then there no trust remains on any other crypto currency.

We all know that the most altcoins is just bump and dump, soo the main interest is into getting more bitcoins, thats why all make and risk their money at altcoins, sure its easy to make money at altcoins. I doubt crypto world would be able to survive without bitcoin, sure some altcoin would try to take bitcoin place but its more easy to believe crypto world would be over.

Taking bitcoins place would be hard and it would take a long time if it possible to happen. As you can see there are lots of alts are existing almost every month, weeks or even days and some are just  scam coins but not all some alts  has the potential and  would developed in the future  just like bitcoin but  for sure when the time comes  bitcoin is too far away from those alts  and would become more popular.

[Hirose UK]

actually i have no idea for facing these situations but if this is come true i think i would still for bitcoin and would buy it as much as I can and i think i would save my bitcoin into cold storage till hoping that someday the prices will rise up again

Probably I would do the same, but the first thing I would see the situation. If the price is down because there is something new I can do to earn money better than bitcoin, I will stop from bitcoin.

But if I see bitcoin price can increase again, I will stay with it. Buy and save.

[Strongkored]

actually i have no idea for facing these situations but if this is come true i think i would still for bitcoin and would buy it as much as I can and i think i would save my bitcoin into cold storage till hoping that someday the prices will rise up again

Probably I would do the same, but the first thing I would see the situation. If the price is down because there is something new I can do to earn money better than bitcoin, I will stop from bitcoin.

But if I see bitcoin price can increase again, I will stay with it. Buy and save.

Yeah I will also do the same thing with you. But in this case the knowledge needed to analyze the state of the market and so that we can know the direction of price movement. And the news is also very important factor in this regard.

[shinratensei_]

I feel we don't need to continuously about this topic that is will never happen in this time, The possibilities some percentage of bticoiners will feeling a panic and the another is not feeling that. discussing any a fewer things better than a dreams.

[davis196]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

If btc price falls to the bottom, i would wait to go up again.

If bitcoin gets destoyed ,i would leave the cryptocurrency market forever.

No altcoin will be as strong as bitcoin.

[entrepmind23]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

I think I will just wait for the price to go up again because what comes down will go up. If I don't have that much coin then I will just store it in my wallet then I will find other way to earn money using the fiat currency.I might jump into another currency and trade that but only day trading because we'll never know what will happen in a currency in the long run. As long as there is profit even if it's just small then I would take it.

[sabbirshm]

I feel we don't need to continuously about this topic that is will never happen in this time, The possibilities some percentage of bticoiners will feeling a panic and the another is not feeling that. discussing any a fewer things better than a dreams.

Yes, I think there is many threads like this.We should stop about this discussion because we all know that bitcoin won't down like that.Because now bitcoin has passed far way so it won't slip easily. I think there's no chance of bitcoin price fall bottom. so, it's just a waste of time to thinking about it.

[lionheart78]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

If btc price falls to the bottom, i would wait to go up again.

If bitcoin gets destoyed ,i would leave the cryptocurrency market forever.

No altcoin will be as strong as bitcoin.

Well I do believe the reason why bitcoin gets destroyed because there is a real competitor among these altcoin that trashes bitcoin and it's use.  History proves that when a dynasty ended, another dynasty had made it to end.  The same thing with bitcoin and its competitor.  Anyway if Bitcoin falls down to the  bottom, more likely i will abandon ship and jump to the stronger and most supported crypto.

[Pursuer]

bitcoin price always falls to a bottom from now and then, and after that it start rising again. what I do is that I try to summon some money to buy bitcoin whenever it is low enough and if I could I would sell it before the drop so that I have more money to buy back again. this way I can accumulate more bitcoin than I can afford to buy in just one move.

[Sharma]

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me

Almost all cryptocurruncies are dependent on bitcoin and any fall in bitcoin price will also lead to other cryptos price fall.If bitcoin price fall to bottom,I would invest more in bitcoin itself

[Sailthor555]

If bitcoin falls, likely all other coins will fall. Leave completely

[BitMaxz]

bitcoin price always falls to a bottom from now and then, and after that it start rising again. what I do is that I try to summon some money to buy bitcoin whenever it is low enough and if I could I would sell it before the drop so that I have more money to buy back again. this way I can accumulate more bitcoin than I can afford to buy in just one move.

Same here and i think almost all members here are exactly what they do with their bitcoins, buy low and sell high..
But for other people they are failed because they are greedy they are always still not satisfied before when the price is in level 600 ..
I sold mine when the price is 600 value because the price of bitcoin looks going to drop so i am lucky before it happen i sold it..

[bithasher]

If this happens will consider opportunity to grab more because it will bounce back at later point. It is not the case to leave Bitcoin and jump into other cryptocurrency because all this crypto things is revolving around Bitcoin. It has central position and sign of trust if this fails mean no private altcoin will succeed. Bitcoin is hope and innovation which will remain and grow just need time.

[1Referee]

If bitcoin falls, likely all other coins will fall. Leave completely

Leave completely? With all the money that you can make from using that situation in your advantage? Not very smart. One of my rules here is~ No matter what is happening with the price in positive and negative times, there is always good money to be made.

[bitdumper]

choosing bitcoin is the best decesion of my life not just because its popular or something but because of its concept i liked very much.i don't really care it price go up or down if it reaches its bottom then i will open a small coin system for my locality