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Author Topic: If Bitcoin price would fall to the bottom, what would you do next?  (Read 15742 times)
densuj
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October 17, 2016, 01:39:32 AM
 #401

Well let me making analysis about bitcoin's price, i like a title this thread, bitcoin's price will going down be started on November this year. The reason is because of halving block, we could saw last halving block bitcoin's price was went down and i think it will happen again, i use method analysis tecnical for making prediction and history will repeat its self.
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October 17, 2016, 02:33:37 AM
 #402

Well let me making analysis about bitcoin's price, i like a title this thread, bitcoin's price will going down be started on November this year. The reason is because of halving block, we could saw last halving block bitcoin's price was went down and i think it will happen again, i use method analysis tecnical for making prediction and history will repeat its self.

Well done. A lot of people here invested in bitcoin is just due to interest and not really invest for profit. So a lot of people here dont equip with the skill to identify market trend or btc trend. TA or QA is important if you treat btc as a form of investment rather than a currency.
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October 17, 2016, 04:05:41 AM
 #403

I'm 100% sure that the price of Bitcoin wouldn't fall that low overnight. I would've sold my Bitcoins far before it reaches the bottom, honestly. But let's just assume that one day, we woke up and the price of Bitcoin is less than a dollar. There are people who would take advantage of this event and purchase as much Bitcoins as he can since it's really cheap. My Bitcoins would probably be not touched by me at all because I would be waiting for the price to comeback. I wouldn't sell my hardly earned Bitcoins for a couple of dollars.

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October 17, 2016, 04:14:11 AM
 #404

If that will be instant then perhaps I cant do anything about it. So I will just let it be in my wallet and maybe hope that it can go up again. But if it will be slowly going down then we can withdraw fast enough.

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October 17, 2016, 08:11:39 AM
 #405

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 Smiley
Then I would just quit with Bitcoin because then there is no reason for me to still be trying to make use of it. I would go and look for some thing else.
I do not think that Bitcoin is going to die anytime soon, at least it does not seem like it. 
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October 17, 2016, 08:38:13 AM
 #406

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 Smiley
Then I would just quit with Bitcoin because then there is no reason for me to still be trying to make use of it. I would go and look for some thing else.
I do not think that Bitcoin is going to die anytime soon, at least it does not seem like it. 

If it falls to bottom in future then also we cannot afford to take instant decision of quitting it, its better to wait for a while and keep a close watch on its movement and if we feel that it can bounce bank then we should start buying more of them.
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October 17, 2016, 08:56:24 AM
 #407

I would keep it there hoping that it'll go back. No reason to withdraw $20 or whatever the price would be because it'd be worthless. I'd just wait for the price to increase or.. For it to fail completely.
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October 17, 2016, 09:04:43 AM
 #408

Then I won't let myself fall with bitcoin. I will find another altcoin, invest, then see if it works.
If there's nothing else that may outrun bitcoin, well, that's the time that I quit.
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October 17, 2016, 09:22:48 AM
 #409

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

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October 17, 2016, 09:42:31 AM
 #410

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.
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October 17, 2016, 09:52:07 AM
 #411

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.

If you see it that way, so you won't ever save bitcoin or hold it in a long time. Bitcoin price ever fall out till around $200 and people thought it the end of bitcoin, but the price rise again. so if bitcoin price would fall to the bottom, I would buy btc as much as I want and wait it rise again like before.
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October 17, 2016, 09:55:40 AM
 #412

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.

If you see it that way, so you won't ever save bitcoin or hold it in a long time. Bitcoin price ever fall out till around $200 and people thought it the end of bitcoin, but the price rise again. so if bitcoin price would fall to the bottom, I would buy btc as much as I want and wait it rise again like before.

Majority of people will prefer to buy them if that ever happens in future but we should do some research before buying them at that stage and try to find out reason behind the price drop.
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October 17, 2016, 10:01:44 AM
 #413

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.

If you see it that way, so you won't ever save bitcoin or hold it in a long time. Bitcoin price ever fall out till around $200 and people thought it the end of bitcoin, but the price rise again. so if bitcoin price would fall to the bottom, I would buy btc as much as I want and wait it rise again like before.
I think if bitcoin dropped that down, you need to find out the reason, if it is because being banned by many country or because the security is not strong anymore, i don't think it will be wise to buy it again even though the price is low, then if it is drop that low that's mean the demand of bitcoin is decreasing, then it's mean a lot of user don't trust bitcoin anymore, it can be the end of bitcoin if the price drop that low


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October 17, 2016, 10:17:20 AM
 #414

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.

Yeah right but as of now we cant say that bitcoin is risky but in the future we could say that but now you cant because lot of people are investing bitcoin and lot of people learning it , earning and using it as in their daily doings so it wont happen. The demand of it is getting rising and it is getting famous.

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October 17, 2016, 10:21:39 AM
 #415

i think i will sell all of my bitcoin before the price is fall to the bottom and the next thing is i will be become unemployment again like before and maybe i will find another way to make money like what i did with bitcoin.

You will never come to know when it will fall to bottom as it will not give you any prior notice before the downfall and that is the reason it makes bitcoins a very risky investment.

If you see it that way, so you won't ever save bitcoin or hold it in a long time. Bitcoin price ever fall out till around $200 and people thought it the end of bitcoin, but the price rise again. so if bitcoin price would fall to the bottom, I would buy btc as much as I want and wait it rise again like before.
I think if bitcoin dropped that down, you need to find out the reason, if it is because being banned by many country or because the security is not strong anymore, i don't think it will be wise to buy it again even though the price is low, then if it is drop that low that's mean the demand of bitcoin is decreasing, then it's mean a lot of user don't trust bitcoin anymore, it can be the end of bitcoin if the price drop that low

That's right and if we keep on investing in it without any reason then it would be same like gambling with our own money, either we make profits or loose everything at the end of the day.
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October 17, 2016, 10:31:09 AM
 #416

we can control price of bitcoin by ourselves. if price drops to bottom then what we can do is, we can invite and motivate bulk traders and investors to buy bitcoin then price Errol rose up again. this is my point of view.
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October 17, 2016, 11:00:00 AM
 #417

If price ever falls to bottom in future then I will not waste my time and money on it and will prefer to quit bitcoins and will start finding another alternatives from where I can make good money.
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October 17, 2016, 12:53:44 PM
 #418

I doubt another altcoin could beat bitcoin anytime soon, But if it's price at the bottom then I think it would be a great thing to jump on the currency and save some BTC's to use later on.
NOo bitcoin for me bitcoin is the main father of all altcoin where altcoin are depending on bitcoin and bitcoin are in the long run right now where many altcoins are depending to bitcoin to grow but theres a posibility that bitcoin will decrease its price because of altcoin depends on the investors who uses bitcoin or altcoins

Price is rising at a moment so I don't think we have to worry about bitcoin, and may be we will see more higher price in coming days, and if price drops then try to buy as much as possible.
Yes bitcoin price is rising at the moment the bitcoin price now is range 628.3 dollar and this is good to us because if we hold our bitcoin in our bitcoin wallet for sure we easily earn profit because the bitcoin price increase and for me im going to use this for investment .

We may see some higher price in coming days so its better to hold them for future and sell when it is allowing to make profits and price drops then don't forget to buy more.
Yes and it will continues bitcoin is really good and it is better if bitcoin is increasing so can really earn that fast when we are holding some of bitcoins and if the price drop then lets wait till it increase again.
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October 17, 2016, 01:07:19 PM
 #419

I will say if Bitcoin's price fall even to half of current prices I am going to pour good amount of money into it. I will immediately buy of at least $ 5000 as this is money what I have prepared actually for such scenario. This thing will not happen anymore and i will need to be happy with my current 10 Bitcoins which are in my possession for long time. When was time I didn't had spare money now time isn't.
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October 17, 2016, 01:31:20 PM
 #420

If that's going to happen in the near future, I think yes, I would go to the other cryptocurrency and make a new start. It is maybe hard on the first time because you have to adopt the new environment of that coin and the other rules and regulations about it. Before this thing is going to happen, I know that I've already converted some of my bitcoins into cash so that it will not ended up in nothing. I would also going to find a decent jobs to have a new source of income aside from doing other cryptocurrencies task and earnings.
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