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Author Topic: Bitcoin market crash  (Read 8588 times)
joseafonso123az
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July 16, 2017, 09:58:12 AM
 #101

First, one should not invest all their money, or money you cant lose you cant invest !
Second, you don't have to panic because it will be unstable till 1st August. When this is all resolved and applied, I think the value will start to rise again, and pass the highest btc value reached !
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July 16, 2017, 10:57:41 AM
 #102

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?




At the moment that's what everyone is doing,  people are just selling all their bitcoins so as not to make huge loses, and this further driving the price down, calm is all that's needed to stop this crashing but everyone is busy selling.

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July 16, 2017, 11:55:51 AM
 #103

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 your belief in the bitcoin or altcoin you hold. if what I hold is bitcoin I am more prefer to hold it and in altcoin I just believe in doge and litecoin.

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July 16, 2017, 12:15:31 PM
 #104

Bitcoin Market crush? What nonsense? bitcoin rate goin down. So what? I hope it will come back again.
Obito
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July 16, 2017, 12:28:21 PM
 #105

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?




All I can say is don't inves your money that you couldn't afford to lose. We should prepare for the crash of bitcoin in the market so we could prevent the losses of our money. And if you lose, don't panic because there's still nothing will happen. If you wanted to make profit  despite the crash of btc, you could try to convert your btc fund into fiat and when the time it reach the lowest value then buy few btc and wait for the buy back of it.
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July 16, 2017, 12:32:16 PM
 #106

This type of thing happens with penny stocks all the time - it's called a "pump and dump". The concept is you inject some capital to start driving the price up, then the sheep come in and think it's an easy get rich scheme. Once everyone is convinced it can do nothing but go up, and every plebe owns some, the original capital gets pulled out and the original buyers cash a massive profit. Wait a bit, then rinse and repeat. Ditto for premine except they don't even have to buy anything just wait until the coin becomes popular than dump the whole premine -- we may be seeing that with Etherium.
masterwakokok7 (OP)
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July 16, 2017, 04:03:53 PM
 #107

Bitcoin Market crush? What nonsense? bitcoin rate goin down. So what? I hope it will come back again.

Nonsense? Really? How did you arrive in your conclusion that this is nonsense? Did you read what Ive written? "WHAT IF?" I think this is not a nonsense, Ive been engaged for almost 5 years in the stock market and basically it really could happen since like ive said this industry is unstable and unpredictable. Plus did you try to understand what Ive said? Or did you just go here for the sake of posting?

elisabetheva
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July 16, 2017, 09:45:41 PM
 #108

As long as there are still many who hunt and sell bitcoin, it is very difficult to state that bitcoin will fall and not be searched.
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July 16, 2017, 09:56:09 PM
 #109

I don't know why Bitcoin and other Tokens are falling. But, I believe that Bitcoin and all of the Token are pumps again. I am not scared about Bitcoin falling. That's why I have invested on Bitcoin and Altcoin.
If it is about bitcoin. As you are saying that it will pumps up again. So right it would be soon after august because there are changing their setups. Where you are saying about Altcoins than you are right somehow because what if there goes down it will be never pumps again and would left the market? So my point is that bitcoin having ability but other currencies are in doubt case.
Mike Mayor
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July 16, 2017, 11:33:00 PM
 #110

It's never a good idea to put everything invested in one idea with anything in life esspecially finance. I'm not going to sell my bitcoins These oanic sellers are very annoying and they just pussies really. If you that afraid maybe you shouldn't be in the game and okay with Monopoly money instead. Smiley

pressureonme
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July 16, 2017, 11:34:24 PM
 #111

It's never a good idea to put everything invested in one idea with anything in life esspecially finance. I'm not going to sell my bitcoins These oanic sellers are very annoying and they just pussies really. If you that afraid maybe you shouldn't be in the game and okay with Monopoly money instead. Smiley

Yeah they just probably did put all the eggs into the same basket and that's why they feel like they cut off thei loss which is getting bigger every day under dumps.

Calm people will never sell.
geniabelty
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July 17, 2017, 05:00:56 AM
 #112

Bitcoin Market crush? What nonsense? bitcoin rate goin down. So what? I hope it will come back again.

I don't get it why there are people do post stuff like this? I don't even understand what he's trying to point out.

Wesimon
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July 17, 2017, 05:30:22 AM
 #113

On the scenario of bitcoin falling down, I choose to convert my btc from btc to our currency and left some amount to hold btc. I converted btc so that if the price of btc drop I will have the opportunity to buy btc again. I know that bitcoin will not stay down like what's happening it will pump again soon. Let's just take it as an opportunity to buy more bitcoins.

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July 17, 2017, 05:36:55 AM
 #114

Issues about segwit and hardfork keep bitcoin and altcoin prices down. I hope the price will return to normal later

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GRR
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July 17, 2017, 10:54:16 AM
 #115

The fact that a simple announcement of a possible, yet highly unlikely fork, that wouldn't change anything about BTC itself anyway, is enough to cause a panic sale of this dimension, shows me how braindead the majority of "investors" is. Yes, there is a possibility of selling and rebuying later, but calling a bottom is very difficult. But in reality, most are just nervous and not fit for the market which means they are fodder for the whales, who love to buy at this point. I'd even go so far to say this is caused and reinforced by big whales to make money over the next weeks, which seems very likely. But not only for whales, also normal investors are happy to take your money.

At this point there is just smoke but nobody sees a fire. I already feel sorry for the majority of the people who, over the course of the next 3-6 weeks, will realize the biggest mistakes of their lives when they see that everything they sold moons again, especially when they cut it loose with losses.
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July 17, 2017, 01:42:28 PM
 #116

Currently am not selling anything even i am trying to buy some more potential coins like already bought some waves and ethereum planning to invest on some other good potential coins.
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July 17, 2017, 01:59:58 PM
 #117

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 how much it falls. Just one year ago Bitcoin was in 450-600 USD zone, and a lot of people are holding since then or even earlier, meaning that they can stomach even if Bitcoin falls below $1000 and still be in green. If the crash is driven by some important news, the best scenario is to sell immediately, predict how low the price will fall and place an order. Usually cryptocurrencies can be very underpriced during crashes, which means that you can get a very quick 10-15% profit if you buy very close to the bottom.
It is much better to always have a price monitoring thing where you can see the price of bitcoin in a specific day to compare and have an idea of what are you going to do next. Bitcoin price dump for a reason and it's quite sure that it is a part of its development. Bitcoin price is in the middle of progress and it much need our support to its price to develop more. Always look and scan the price so so can know what decision are you going to make. Always keep in mind that risk and changes is part of bitcoin system and it is much better to trust bitcoin so when it pump again you can earn more.

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masterwakokok7 (OP)
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July 17, 2017, 02:27:46 PM
 #118

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?




At the moment that's what everyone is doing,  people are just selling all their bitcoins so as not to make huge loses, and this further driving the price down, calm is all that's needed to stop this crashing but everyone is busy selling.

I also noticed it, but we can't do anything about it. It's a part of our human nature. Honestly, I myself plans to sell my bitcoins but there's this side of me that hinders me to do it. As of the moment, I guess some people should try to re-evaluate the market for them to have a peace of mind in dealing in this kind of scenario. I must admit that it is hard not panic when there's a huge drop, but If they do try to study the trend. The probability of bitcoin to rise again is very much possible.

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July 17, 2017, 02:40:09 PM
 #119

Instead of panicking on selling some of it why would you find some money again and invest more because you wouldn't know that over the last few days, weeks, months or even years that money you invest on some cryptocurrency would be doubled or even tripled than what you just invested. This is what people do if they have some bitcoins or any other altcoins if it crash they are panicking to sell it rather they don't realize that it is the time they should invest because it's worth at that time. Hope you know now.
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July 17, 2017, 02:46:23 PM
 #120

It's not a crash but correction. If the price went under 1000$ then I would call it a crash. It's not the time for panic selling but for buying. Use this situation of temporary lower price and make your chances for future profit. Make the positive outcome out of this situation and don't spread panic

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