Bitcoin market crash

[LouVandetta]

The thing to do in case something like that did happened, well, Do not Panic.
First thing first, before we invested our money on something, we should know there's a risk in it.
We should prepare for the worst.

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[Juggy777]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Why do I feel op you have bought your coins at a high price, anyways to your questions well it's a possibility it can fall, there nothing you can do about it. No one wise enough would do panic sell, instead they would move on and leave Bitcoins as it is, or even accumulate more. This is actually hard how to compensate, you can't do much except wait for the prices to be back that's the only option.

[Seansky]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

If market were to fall and I have invested all my money into bitcoin or let's say other alts, If I trust it I would rather wait for even a year to sell at a profit rather than to sell at a loss but if it is just another altcoin that I dont trust I would happily panic sell it and to compensate on my losses, I would invest it again into putting up a business or two to recover what I lost.

[CraigWrightBTC]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Well no one who invested all of money in bitcoins or altcoins, that is bad ideas and will be lost the money in digital coins
 if the price of bitcoins is crash i will do cut lost and wait until the price is stable,
then i start to buy back if the down trend is over, that is best time to entry market and getting cheap coins
because the coins will be rebounce and get large of profit.

[Cruxer]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

this is  normal human behaviour, i bet 70-80% willl panic  sell
only few are resistant to emotions and market movements, these peeople are oftten millionaires

[luv2drnkbr]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

I did this and am currently broke.

I used to play poker professionally, and I had 30-40 percent of my money sitting in Bitcoin since about 2011.  In 2014 after the $1200 high, crash to $600, and settling around $800, I stopped playing poker almost entirely, dumped the rest of my money into Bitcoin, and spent the next few years on some personal pursuits, including learning to program so that I could contribute to Bitcoin-related projects.  I ran the numbers and decided that as long as Bitcoin didn't go below $300 for more than a few months, I would be OK.  I decided that was a reasonable risk to take.  Then it went below $300 for most of 2015, and I was sad :-(

I'm now in my mid-30s, living in my parents' basement feeling an idiot, and going to grad school to get a master's in CS, because I don't know what else to do.  I don't have enough money to play cards again, and I don't have any real work experience since I made my money playing poker during and after I got my bachelors, until I dumped it all in Bitcoin and everything went to hell.

10/10 would recommend.

[soul-impact]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Your hypothesis what you said above will never happen, it is unreasonable, many people can get rich by bitcoin, however, they always think of the risk of it, so they will not. Keep all their money in bitcoin. In addition, the crypto market is on the rise, and it will grow extremely strong, and you will not be affected by bitcoin.

[Freezingel]

I never all in investing in one thing so if somehow the market crash then i'll probably just suffer some loses. And i already have numbers about how low the price is before i have to sell. Rather loss some than lossing all.

[HatakeKakashi]

Those who panic will lose their money. I'm not going to sell their BTC even if the price drops to $ 100. In addition, there is a rule not to invest all their savings in one currency. I recommend the allocation of investments between crypto and Fiat.

Those people sell their bitcoin lose their money because bitcoin will increase more before the end of this year so its better to buy more bitcoin instead of selling bitcoin. If bitcoin drop at $100 I will buy more bitcoin I can make a lot of profit in the futute. Dont panic . Hold it and make a lot of profit.

[WallSinger]

No, you don't have to panic. Maybe after 1th august we will see a big crash, but don't panic, in few months Btc will come back stronger than now

[masterwakokok7]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Your hypothesis what you said above will never happen, it is unreasonable, many people can get rich by bitcoin, however, they always think of the risk of it, so they will not. Keep all their money in bitcoin. In addition, the crypto market is on the rise, and it will grow extremely strong, and you will not be affected by bitcoin.

Hmm I guess it might happen, And yes I think its reasonable. This business is very unstable and unpredictable. Yes many people could be rich and many also could be broke. Yes, as of the moment its on the rise but tomorrow it could fall we cant say. Ive been engaged in the stocks for a while now and Ive seen a lot of dramatic changes on market.

[Kemarit]

No, you don't have to panic. Maybe after 1th august we will see a big crash, but don't panic, in few months Btc will come back stronger than now

We still don't know what will happen on Aug 1 whether it can bring a big crash to bitcoin ecosystem as you describe. But I agree that it can rebound if the scenario you have laid would have happen in Aug 1. That's why you have to hold on your bitcoin and let the dust settle before making any move. You don't have to panic if you see the price is dipping, yes, sometimes is very annoying to see it however, if you look at it in the long term, it will beneficial because after a crash, it will rebound and the price can reach even a high price previous to the crash.

[Eternu]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Well if market of all coins crash, well than we would all lose some amount of money. Either that you were investor who invested his cash, or if you were in some signature campaign and you invested time, we would all lose. If there was a market crash i am not sure if we could panic sell, because market would crash and there would be no one who would buy in that moment... and if i would find someone who would buy, yes i would sell. And i am not sure if there would be a way to compensate losses. But who knows, this is just my thoughts.

[vok-wok_hok]

If you want to make money with bitcoin, then you do not need to panic, because this is a pattern of earnings with bitcoin. Only the most patient can fly to the moon.

[chikora]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

It depends on the amount you have in crypto. You should not invest large amounts which will make you panic everytime, this is the main problem.

[haroldtee]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

Why would anyone want to invest all their money? I will regard that as a slip of thought from you anyway. Nevertheless, if you have a lot of investment in bitcoin, panic selling is the last thing you will ever want to do unless thereally is handwritten all over the walls that bitcoin is dieing which we both know it ain't gonna happen. So my advise is just to watch as the market skyrocket again as it is definitely heading straight to the moon. At least learn from people who did panic selling in the past, they are all regretting it today cause you may just end up buying at a very higher amount after. Choice is all yours.

[HeRetiK]

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

If you invest all your money in an asset, you will, by definition, have no way to compensate all your losses. Unless you try to sit it out, which is a risk of itself. So don't get yourself into that situation. You will sleep better, too.

[NaXxow]

If ever you have emotional attachment to your dearest bitcoin / altcoins, better to liquidate your assets quickly.

[kandholabhavna]

The money will get transferred from traders to investers. Keep a cool head and have a long term vision. Don't sell even if it goes to the price of dirt. Be fearful when others are greedy, and greedy when other are fearful. I am waiting for this crash so that I can accumulate bitcoins and alts in the bear season
Invest which you can afford to loose. Take profits on the way up, this way you can recover your investments.

[dothebeats]

Investing is never for the faint-hearted people. If you are too scared to lose money then don't put money in it. That simple. However if you have the guts to do it then go. A possible market crash could always occur and the bagholders are the only ones who lose in the end. The question is would you be so smart to time the market efficiently or be dumb to be one of the bagholders til the very end?