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Author Topic: What would you do if Bitcoin price crashes?  (Read 3526 times)
JimboToronto
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May 19, 2017, 06:43:01 AM
 #81

Yes right when the price of the bitcoin $200 a year ago, I bought about 12 btc that I use to invest at cloud mining and I exposed a scam, I am regret for letting bitcoin wasted without any benefits.

It hasn't been $200 since August 2015, almost 2 years ago. A year ago it was over $400.

Why is everybody so hung up on $200 as a price and not $2 or $30?

I guess in a couple of years today's noobs will talk about the days of $800 bitcoins.
SimmonenY
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May 19, 2017, 07:56:29 AM
 #82

First, I'll be like "Holy sh*t!!!" and then I'll buy some more bitcoins and just sit and wait.
aeternus
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May 20, 2017, 02:41:39 AM
 #83

What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
If I saw the price of bitcoin crashing  I will  sell and materialize my profits and then when I see the floor I will buy as much as I can so I can benefit from the inevitable surge in price.
Shinpako09
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May 20, 2017, 06:16:44 AM
 #84

Though it's unlikely to happen at this rate. I would buy btc as much as my pocket can. Who wouldn't wan't to buy btc at such low price. Maybe only those afraid and got panic if there is price fall won't.
Amph
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May 20, 2017, 06:43:00 AM
 #85

nothing really, i would wait and see until it recover, it always recover in the end, no matter the entity of the crash, cheap bitcoin make always people tempted to buy more

remember that investors are here for profit anything that give them the possibility to buy back cheap coin to sell them later at higher price is welcome
romero121
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May 20, 2017, 06:45:16 AM
 #86

Bitcoin price won't crash in a short. The ongoing price increase is just a part with valid pumping caused due to the adoption happening with time. Price crashing is commonly found with bitcoin as well cryptocurrency. People who have good understanding about bitcoin buy as much possible if price falls, because everyone have already experiencd the true growth of bitcoin.

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TIDOVEE
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May 20, 2017, 06:51:58 AM
 #87

I keep holding unto my coin,no cause for alarm since all is affected. one has to accept one's fate and keep moving on. but I pray it doesn't happen.
Michhotdog
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May 20, 2017, 06:52:06 AM
 #88

Though it's unlikely to happen at this rate. I would buy btc as much as my pocket can. Who wouldn't wan't to buy btc at such low price. Maybe only those afraid and got panic if there is price fall won't.
Your faith in Bitcoin is truly very great, this is that you will not be afraid of a drop in the price of the crypto currency in the future to reward you in full. If you take into account the forecasts that have already been voiced Until today, with respect to the price of Bitcoin

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BossMacko
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May 20, 2017, 06:58:49 AM
 #89

Since the day i started Bitcoin, I am very amazed because it never let me down. Everytime i need cash for personal use i have Bitcoin to exchange to cash this happen because i always have a reserve Bitcoin that i am holding for a long time. So what will i do if the price crashes? If that happens i don't have anything to do but just keep holding it and hope that it will go back up again.
BitHodler
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May 20, 2017, 08:34:10 AM
 #90

I will obviously hodl every single coin I have. I am not a weak handed coward sneaking out in difficult times. I am a pure dedicated hodler ~ nothing can distract my focus away from reaching my target.

I will use the given opportunity to buy as many coins as possible at such insanely low prices, that's the best one can do. I have been through many crashes, and one thing is certain ~ the price always recovers.

BSV is not the real Bcash. Bcash is the real Bcash.
xIIImaL
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May 20, 2017, 10:00:12 AM
 #91

Since the day i started Bitcoin, I am very amazed because it never let me down. Everytime i need cash for personal use i have Bitcoin to exchange to cash this happen because i always have a reserve Bitcoin that i am holding for a long time. So what will i do if the price crashes? If that happens i don't have anything to do but just keep holding it and hope that it will go back up again.

It's not possible at all. Price was so fluctuated from the past two years. Fortunately in this due to high rate of adoption bitcoin is stable and keep on increasing in the chart. If we see the bitcoin future crashes, I do not think that it will happen for sure. Because many whales are being adopt the bitcoin technology everyday.
AK47-
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May 20, 2017, 10:07:56 AM
 #92

I am quite patient in such situations. I will hold it and wait for price to recover. And in that situation I will rather buy more. Because I know the potential of bitcoin. Even if it goes below $200 which is not really possible according to present situation, it has the potential of coming back to present price.
YuginKadoya
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May 21, 2017, 12:22:31 PM
 #93

I think I would have transfer my bitcoin before it reach that value mark, but if the price value will just crash and fast in that state of value I think I will wait again for it to come back up, because I think that the value would still increase no matter what happen, That is why I would still prefer the fluctuation may occur on bitcoin.
i am sure that bitcoin price is not going to crash, but it will certainly improve its position more and more because the users of bitcoin are increasing from time to time and hope that very soon the number all the people of the world will be using bitcoin. i think those people who still do not purchase bitcoin  ii think they have good opportunity to  purchase bitcoin and secure its position.

We will never know for sure if the price of bitcoin will not crash down it is still unpredictable and now that the price is at the peak of $2000 it is not known if the price would still goes up or down, there are speculation that the price would rise to the moon but bitcoin is fluctuating right now and the price is certainly playing it's up and down movement at a moment,  but if the price would reach the $2500 value I think we can have a chance in seeing the $3000 value.
Noctis Connor
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May 21, 2017, 01:33:14 PM
 #94

What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I think bitcoin would not crashes at all since bitcoin prediction are starting to become real one as the other says that bitcoin price will be at the half of million dollar this coming more years maybe 5 years from now or more and i believe with that. But if bitcoin crashes with that price maybe i'll convert all my money with bitcoin and wait till price rise again.
Wipro
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May 21, 2017, 02:28:16 PM
 #95

What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I think bitcoin would not crashes at all since bitcoin prediction are starting to become real one as the other says that bitcoin price will be at the half of million dollar this coming more years maybe 5 years from now or more and i believe with that. But if bitcoin crashes with that price maybe i'll convert all my money with bitcoin and wait till price rise again.

It crashes around 50$ in the chart today but it will be recover soon. As price rising from this year onwards and many people are hold the bitcoin in the wallet I think. Price is moving as demand and supply increase in bitcoin.
I think moon value of bitcoin this year may be knock the 3000$ as this pumping hitting like this.
Netnox
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May 21, 2017, 02:51:34 PM
 #96

First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.
freebutcaged
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May 21, 2017, 03:01:07 PM
 #97

No freaking matter what I will hodl until the price becomes profitable again, for me that bought at $1800 even now that price is much in my favor still I wont sell and if I see it going down again wont sell, for once I'm gonna listen to my brother and keep hodling.

I've promised my self not to sell by the end of 2017 and keep buying $20 worth of Bitcoin every day.

I'll keep accumulating and wont even buy a laptop and just will use my brother's, that is how much I believe in Bitcoin.

Can't really imagine a crash under $200 because miners have so much at stakes that they will back up the price much higher than that.
RickJamesBTC
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May 21, 2017, 03:14:45 PM
 #98

First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.


Why would you be holding now if you expect that? If you're right, you can double down. If you're wrong, do you really think it will keep going up and up like this? Which one hurts you more?
Denker
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May 21, 2017, 04:15:29 PM
 #99

First we need to remember that during the last 30 days, the prices have increased by almost 100%. So a correction is due very shortly. I am expecting this and therefore will hold on to my coins if a crash happens.


Why would you be holding now if you expect that? If you're right, you can double down. If you're wrong, do you really think it will keep going up and up like this? Which one hurts you more?

This is why smart people take partially profits and do not all dump what they had invested. This way you will still be in and can enjoy the party while the dumpsters will sit one the sideline and have to watch the train continue riding without them.
RickJamesBTC
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May 22, 2017, 12:20:09 AM
 #100

You aren't even on the train, quit following my posts.
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