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

[Universat]

first it is not possible because bitcoin is trading in such a high level that it cannot come to such a low level. but in case it fell down to the bottom then there will be some serious issue related to bitcoin and i think at that time trading in bitcoin will be so risky therefore i will never like to invest in bitcoin in such kind of situation.

[coinsocieties]

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 would wait for sometime so that it might regain its strength and start growing again because there probably be some problem that will cause it a that big drop otherwise it is not like other coins to drop so quickly, but if it could not recover then i would probably find some other thing like another coin or something.

All drops and downfall have some major reason.

It will depend on the effect of that major reason on how will people will react in the future. Also price decrease is part of bitcoin world and it happens also to other crypto so no difference at all even people leave bitcoin and transfer to other cryptos.

What could cause a reason for such a large fall in bitcoin?  I do not see any specific reason or event that could happen in which would drop bitcoin down that far.  There is to many people who are using it right now.  Of coarse this is just my opinion.

[lawnmowerIO]

Nothing wrong with diversifying your portfolio a bit. That's why it's usually suggested to not keep all your eggs in one basket.

[blackmachinegun]

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 would wait for sometime so that it might regain its strength and start growing again because there probably be some problem that will cause it a that big drop otherwise it is not like other coins to drop so quickly, but if it could not recover then i would probably find some other thing like another coin or something.

All drops and downfall have some major reason.

It will depend on the effect of that major reason on how will people will react in the future. Also price decrease is part of bitcoin world and it happens also to other crypto so no difference at all even people leave bitcoin and transfer to other cryptos.

yeah of course no reason why bitcoin prices fell sharply. and why a lot of people selling a lot of their bitcoin. perhaps by looking at their reasons. we can do what action we should do after that. maybe hold or sell yout bitcoin

[yueno]

In that case. I will convert all of my bitcoin into our currency and withdraw it in the bank so that I am sure that my money will survive from that hell moment. Hehe. Other option is I guess I will buy stacks in trading site because not all crypto currency are affected in case it is happen. As quote say for every end of something there is a new beginning for another thing.

[Doamader]

I do believe if bitcoins just fail, some other altcoin will get its place, but i do believe as well altcoins will die almost instant, even knowing there are several coins ready to take bitcoin place anytime, just need and wait one shot to make it happen.

[quake313]

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

Not sure if anyone else has said this but... Commit harikari 



J/K, take the loss and move on 

[squatz1]

Buy up as much as I could quickly and hope / pray for the price to rise to what it had been before the fall.

[Danielzo]

Bitcoin is like the Phoenix, falling to its death but rising from its ashes. If the price of bitcoin would fall to the bottom, it would surely grow again, so the best idea if you see that happening is to buy even more.

[utkarshm]

The most common answer will be to buy the bitcoins at that time,as much as we can because bitcoin will surely gonna rise again and rise pretty quickly again.So that will be a good chance for all of us to earn some profit by buying bitcoins at that low price and just wait and see the price go up again.

[sishendaoye]

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 i'm not have much coins i think i will continue and maybe start again , but who know what will happen to big holder , because lose too much will be make some effect in mentally

There is not much to do when the Bitcoin falls to the bottom, I then would just quit with Bitcoin because at that point there is no reason for me to stay.
I just will find something else that is going to let me make some extra money.

[diodio5]

Nothing wrong with diversifying your portfolio a bit. That's why it's usually suggested to not keep all your eggs in one basket.

I think of course people are not going to invest all their money in one investment alone. I think it is a stupid thing. I think when the price of bitcoin very deep maybe someone will panic and sell all their bitcoin? but to me maybe I'll look at the situation before taking action

[calkob]

If bitcoin was to fail on that scale to the point where it was worthless then i would think that most other cryptos would be worthless also, it just aint going to happen tho, bitcoin gets stronger everyday.  even if it did i would probably buy a load and have a wait and see attitude.

[stromma44]

If bitcoin was to fail on that scale to the point where it was worthless then i would think that most other cryptos would be worthless also, it just aint going to happen tho, bitcoin gets stronger everyday.  even if it did i would probably buy a load and have a wait and see attitude.

Bitcoin will be more stronger in future but if at any point of time price falls then we should keep ourselves engage in buying more bitcoins as it has potential to rise again in future.

[Pursuer]

If bitcoin was to fail on that scale to the point where it was worthless then i would think that most other cryptos would be worthless also, it just aint going to happen tho, bitcoin gets stronger everyday.  even if it did i would probably buy a load and have a wait and see attitude.

not all the altcoins are stuck to bitcoin, and if bitcoin fails which is not possible many of them will fail too because they are only made to help us make more bitcoin. but there are still some altcoins that are not this way and are mostly on their own and doing their stuff like monero for example.

[lienfaye]

Bitcoin is like the Phoenix, falling to its death but rising from its ashes. If the price of bitcoin would fall to the bottom, it would surely grow again, so the best idea if you see that happening is to buy even more.

Thats right, if the price of btc drops then i will take that opportunity to buy because i know that it wont take long and btc will recover again.

[rekinthis]

first it is not possible because bitcoin is trading in such a high level that it cannot come to such a low level. but in case it fell down to the bottom then there will be some serious issue related to bitcoin and i think at that time trading in bitcoin will be so risky therefore i will never like to invest in bitcoin in such kind of situation.

yeah i think it shouldnt be possible for the price to go down right now, though either way i think that people would be buying it then

[sabbirshm]

I don't think about it anytime. I am just concentrating on my earn of bitcoin. Now, I am earning by signature campaign and trading. I never thought about that what will I do when bitcoin price fall to bottom. I wish that it might not happen in future.

[BitFinnese]

I don't think about it anytime. I am just concentrating on my earn of bitcoin. Now, I am earning by signature campaign and trading. I never thought about that what will I do when bitcoin price fall to bottom. I wish that it might not happen in future.

I agree bitcoin price is pretty much stable at this moment.  I think people realized that bitcoin is really important and can give them a decent amount of profit if they hold it and not sell asap.  I think that from here, bitcoin will never fall to the bottom but if it starting, i might consider sellng somme of my BTC and buying at lower amount to increase my holdings, and play with the market.

[bitdumper]

I don't know maybe i will just switch out to any other cryptocurrency or i am sure there will something new come if btc crashes completly which is not gonna happen anyway