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

[umaOuma]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

[Tyrantt]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

[ronaldo40]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

I think everyone always have such thoughts. when the price falls will certainly buy as much as possible, because they are sure at least the price will rebound. very well take the opportunity when prices fall, but when prices really fall very much.

[xIIImaL]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Buddy don't take these kind of thread as serious and bitcoin is world best money which is gonna reach more heights in future.
So I would be move to best value when you compare with the present value.

[SquallLeonhart]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Yes if we have invested huge amount in it and if price drops in future then the only option left with us is to wait for the price rise as we cannot afford to sell them at that point of time.

but you can afford to buy a lot of btc and hope that the price will rise again.

I think everyone always have such thoughts. when the price falls will certainly buy as much as possible, because they are sure at least the price will rebound. very well take the opportunity when prices fall, but when prices really fall very much.

It doesn't goes same with everyone, as if I am holding 100 btc in my wallet and if price goes to bottom, then I need to think twice before buying it, as I am already in loss and will never prefer to buy at that stage.

[buxlover]

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 the price drops down slowly, i would stay with bitcoin. if the drop is more rapid (within few weeks), then i would leave cryptocurrency forever even if the price raise to new high in later period

[tabas]

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 the price drops down slowly, i would stay with bitcoin. if the drop is more rapid (within few weeks), then i would leave cryptocurrency forever even if the price raise to new high in later period

Sometimes when I'm seeing that the price is partly falling down and decreasing I am getting hurt fast but still since I trust bitcoin I'm sure that it is just happening for sometime but the increasing of its price is going to be more. And if this is going to happen I believe that when it falls to the bottom I'm pretty sure that it is going to fly high again skyrocket to the moon.

[Gestinar]

Maybe I'm going to fall to the bottom with it! I mean, what else to do? I could not be able to do a thing because my money just fell off the cliff!
I might as well wait for it to stand up again.

Buddy don't take these kind of thread as serious and bitcoin is world best money which is gonna reach more heights in future.
So I would be move to best value when you compare with the present value.

Maybe I like what he said in the last, he is going to wait for the rise of it. And that is really what we need to do even though we know that this ain't happening still we need to take the advantage of it, buy as many as you can at low price and don't get fall to the bottom. Because once you made that to yourself you are going to have hard time to stand up again.

It will take some time for the bitcoin to be recognised as the world's best money. But we have to develop it.

[kanazawa]

In the course that it's running I really don'y think it's possible, because it's the uprising nog in the downfall, butm course if for some reason it falls to theel ground I will sell everything I got. Everything and exchange to us dollat or to euro. Big deal. I was chating with a person here in the forum about this chaotic situations and I'm so convinced about the good future of Bitcoin that I can't see and I never saw something so rich and pure like it is.

[sabbirshm]

I don't think that will happen soon or any day Because bitcoin already in a stable position and its growing up nicely so the price of bitcoin can't be down to bottom easily.
If it really happened then I will buy lots of btc and wait for the increasing of value.

[Carlsen]

It would be a question of why it dropped.
If the bitcoin generating process would have been actually hacked, I think I would retire from bitcoin becaus it will never again be worth anything.
If only a few exchanges got hacked, bitcoin itself would be intact and the drop would be a panic reaction.
Such a situation would be an opportunity for me to buy cheap and hold until the next increase that will surely come.

[xdrpx]

Even when Bitcoin price falls, it would love to hold it rather than selling it .Bitcoins has already faced lots of up and down and people who watch it from beginning would know better about it.

I'd actually watch how much does Bitcoins price tank by. If it tanks a lot, I'd then have to withdraw the funds and store it in fiat until the price settles and starts showing some signs of increase. Once it does, I'd re-invest it back and then get back to holding the Bitcoins and constantly watch the price for the next couple of weeks.

[angaper]

This is a very important question for me, and I am still not too sure about it, because bitcoin is for me only a long term investment, but I am gaining much more money investing and trading my fiat money, so in case of such unexpected failure I would not have problem with leaving this ecosystem.

[Bitcoinsummoner]

If it will happen that the price will fall at the bottom of the price i am sure many people are buying bitcoins and i am one of them so that i can make more profit. many investors are waiting for the price fall unless if bitcoin was hack the whole blockchain. thats why the price of bitcoin is falling..

[isen]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

[lionheart78]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

I think i agree when you said that bitcoin already passed the test of time but i have to disagree when you said that there is no existing altcoin that is good enough to replace bitcoin, actually there are altcoin that is far more superior in terms of technicalities, the only thing that bitcoin keeps on being the top currency is the base users.  but many of them are now looking at the altcoin list as alternative.

[isen]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

I think i agree when you said that bitcoin already passed the test of time but i have to disagree when you said that there is no existing altcoin that is good enough to replace bitcoin, actually there are altcoin that is far more superior in terms of technicalities, the only thing that bitcoin keeps on being the top currency is the base users.  but many of them are now looking at the altcoin list as alternative.

You have a point here but I am afraid that if any of these "far more superior in terms of technicalities" altcoins acquire a user base as big as Bitcoin's will face many and serious problems,in theory, they might look far superior but they have to prove it in practice,anyway time will tell I guess this talk is pure speculation and none of us knows what the future will bring.

[YTBitcoin]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

I think i agree when you said that bitcoin already passed the test of time but i have to disagree when you said that there is no existing altcoin that is good enough to replace bitcoin, actually there are altcoin that is far more superior in terms of technicalities, the only thing that bitcoin keeps on being the top currency is the base users.  but many of them are now looking at the altcoin list as alternative.

You have a point here but I am afraid that if any of these "far more superior in terms of technicalities" altcoins acquire a user base as big as Bitcoin's will face many and serious problems,in theory, they might look far superior but they have to prove it in practice,anyway time will tell I guess this talk is pure speculation and none of us knows what the future will bring.

Bitcoin has traveled a longer journey for to reach the success and it is now only a short way back from the success and very sooner it will cover that way and if other coins will cover that journey bitcoin will be an established digital currency and then people will not like to jump to any other currency.

[dezoel]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

I think i agree when you said that bitcoin already passed the test of time but i have to disagree when you said that there is no existing altcoin that is good enough to replace bitcoin, actually there are altcoin that is far more superior in terms of technicalities, the only thing that bitcoin keeps on being the top currency is the base users.  but many of them are now looking at the altcoin list as alternative.

You have a point here but I am afraid that if any of these "far more superior in terms of technicalities" altcoins acquire a user base as big as Bitcoin's will face many and serious problems,in theory, they might look far superior but they have to prove it in practice,anyway time will tell I guess this talk is pure speculation and none of us knows what the future will bring.

Bitcoin has traveled a longer journey for to reach the success and it is now only a short way back from the success and very sooner it will cover that way and if other coins will cover that journey bitcoin will be an established digital currency and then people will not like to jump to any other currency.

People will not jump to any other currency till bitcoin is holding some descent value but if bitcoin falls to bottom then there will be many people who will prefer to quit bitcoins.

[boyptc]

Imho Bitcoin has already passed the test of time and we will never see it's price reaching the bottom,if a new and improved altcoin is going to replace it someday then I will start using it for sure but let's be honest none of the existing altcoins is good enough to replace Bitcoin,I agree there are many interesting projects but you can't even compare them with the number one cryptocurrency.

I think i agree when you said that bitcoin already passed the test of time but i have to disagree when you said that there is no existing altcoin that is good enough to replace bitcoin, actually there are altcoin that is far more superior in terms of technicalities, the only thing that bitcoin keeps on being the top currency is the base users.  but many of them are now looking at the altcoin list as alternative.

You have a point here but I am afraid that if any of these "far more superior in terms of technicalities" altcoins acquire a user base as big as Bitcoin's will face many and serious problems,in theory, they might look far superior but they have to prove it in practice,anyway time will tell I guess this talk is pure speculation and none of us knows what the future will bring.

Bitcoin has traveled a longer journey for to reach the success and it is now only a short way back from the success and very sooner it will cover that way and if other coins will cover that journey bitcoin will be an established digital currency and then people will not like to jump to any other currency.

People will not jump to any other currency till bitcoin is holding some descent value but if bitcoin falls to bottom then there will be many people who will prefer to quit bitcoins.

I don't think they are going to quit bitcoins easily just because of the down fall of bitcoins and instead of quitting it for sure many are going to see its advantage and many traders are going to buy of bitcoins but that time. Because they are going to believe that even there is falling of price but as long as there are a lot of people who are going to buy, that is going to make the price again to rise.