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Bitcoin Forum > Other > Off-topic > If Bitcoin price would fall to the bottom, what would you do next?
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leexhin
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March 30, 2017, 02:06:39 PM
 #441
Well I think I would just jump into other coins and move on with it or maybe just hold my bitcoin and wait for the price to go up again.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Lieldoryn
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March 30, 2017, 06:16:16 PM
 #442
Quote from: leexhin on March 30, 2017, 02:06:39 PM
Well I think I would just jump into other coins and move on with it or maybe just hold my bitcoin and wait for the price to go up again.
Most important thing is not to panic. If the price drops down need to buy. After some time the price will go up and you will be on horseback. Or if all sell will be sorry. Remember the story about the pizza?
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March 30, 2017, 06:25:05 PM
 #443
If the bitcoin price to the bottom, that would be the right price to buy tons of bitcoins. I earn some nice bitcoins on trading but I only follow a simple formula. Buy low and sell high. You should not panic on low prices it will rise if not days or months. Just be patient.
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March 30, 2017, 06:57:40 PM
 #444
Quote from: Beans on March 30, 2017, 06:25:05 PM
If the bitcoin price to the bottom, that would be the right price to buy tons of bitcoins. I earn some nice bitcoins on trading but I only follow a simple formula. Buy low and sell high. You should not panic on low prices it will rise if not days or months. Just be patient.

All experienced investors follow this formula and not only when buying bitcoins. Panic at a price reduction is calculated only for inexperienced beginners who will later regret selling and missed opportunities to earn.
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June 12, 2017, 04:21:14 PM
 #445
Invest money into other cryptocurrencies and also buy up lots of bitcoins at the same time,as Bitcoins can sharply grow in value again.

Just waiting for the next great crash so I can buy them all up. Smiley
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June 12, 2017, 04:26:49 PM
 #446
I would buy a significant amount of Bitcoin if it crashed to the bottom. I think many others would do the same.
KoningSilk
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June 12, 2017, 04:28:13 PM
 #447
I would cry and leave the bitcoins and wait for better times.
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