What to do to prevent bitcoin from crashing?

[andylowe]

Hi! I know this might sound obvious to anyone but I really want to know in what way we can do our share to bitcoin to prevent it from crashing. I am still a Jr. Member and I still don't know everything about bitcoin that's why I am asking some help.
 Almost all of us have high hopes that someday we will rejoice with bitcoin so altogether we must do our fair share in order bitcoin to survive.

[unamis76]

Buy a lot of Bitcoin and use it to buy things. Those two are enough. If you want to take an extra step, do work for Bitcoins, build services around it and teach others on how to use it.

[oegarod]

Spreading it reach more users around the world as well using it same as the fiat we use is the best way. One more thing, we're no more needed to think about the crash, because price crash is quite common and with regards to the adoption the growth will be tremendous.

[aretebit]

Holding and evangelizing other people.

[laurenB7742]

The currency needs to circulate. So just HODLing it is not enough. Try to pay with bitcoins when there is option, especially the online purchases. It might seem stupid because bitcoin is growing so you don't want to spend it. But I suggest you to still pay some things with bitcoin and when you pay for them, buy those bitcoins back with fiat. So you will always keep the same amount of bitcoins or even increase it.
One problem is that few hundred people, so not that many people, own half of all bitcoins. This means if they decide to dump them, the price will drop massively. However this is unlikely. In case it happens, you sould still HODL no matter what and buy some more when the price is low. This way, the price will start increasing again.

[pixie85]

You first have to distinguish a crash from a correction.
You can't prevent a correction no matter what you do. Every market price moves in waves and after a rapid growth there has to be a correction. People lose confidence after a while and are looking to take profit.
To prevent a crash acceptance of Bitcoin has to continue. I've read that Vietnam will accept it next year. If it goes well other countries will follow and we won't have big crashes ever again.

[HTML6]

Usually the obvious answer is the right one.

BUY and HODL. If you ever sell you just cost yourself future money. Way to go.

[haroldtee]

I think the fact that it is spreading and it is being used as a daily currency will keep making it soar. Now people are doing jobs and getting paid in bitcoin, people are believing and buying more and while there are plenty people hoarding, there are also plenty people looking to get, hence the increase in value as a result of the high demand. Once we keep this going on, I see no reason why it will ever crash.

[mrcash02]

Spreading it reach more users around the world as well using it same as the fiat we use is the best way. One more thing, we're no more needed to think about the crash, because price crash is quite common and with regards to the adoption the growth will be tremendous.

This is the best way to prevent Bitcoin from crashing, inspiring more people to start using Bitcoin, help the Bitcoin adoption grow by telling your friends, your parents, your relatives, your acknowledges about the benefits when using Bitcoins to make online deals or to store wealthy. Bitcoin price just doesn't crash if we keep the demand high, we need balance between sellers and buyers.

[defined]

Do not look at crashing as a problem, use it as an opportunity to buy more.
Buy low, sell high. Bitcoin always goes up again, no need to panic.

Use it, enjoy it, save it and share your knowledge to other people.

[FasTroy]

To help bitcoin to be always number one in crypto world, we can just support it. I mean, buying and using bitcoin continuously, using bitcoin everyday is good enough for it. Also, we can spend times to share our knowledge about bitcoin to others, and try to make them join this community, when this community will be more larger, bitcoin will be more powerful, and this is amazing.

[Emoclaw]

By being involved with Bitcoin you ensure that it will not crash.
There's really nothing else to do besides holding and using it, and hoping to overcome the issues it's currently facing such as scalability.

[Fancyax]

Holding bitcoin and the need for it (spread community) prevents bitcoin from crashing.

[Indrawan77]

The best way to keep it from crashing is to used it but it cant be done by alone unless you are a whale so you need to asked a lot of people to used bitcoin the more person you asked to used bitcoin, the less percentage it will crashed

[Wesimon]

Those who hold a very small amount of bitcoin wont have control on the crashing events of bitcoin. The ones that are responsible for this are the big holders of bitcoins specifically the whales. They can have a big impact on the changes of price of bitcoin. And we have also that assurance that bitcoin will soar. Even if it crash, it will bounce back again.

[MAbtc]

Hi! I know this might sound obvious to anyone but I really want to know in what way we can do our share to bitcoin to prevent it from crashing. I am still a Jr. Member and I still don't know everything about bitcoin that's why I am asking some help.

Almost all of us have high hopes that someday we will rejoice with bitcoin so altogether we must do our fair share in order bitcoin to survive.

I wouldn't worry about it. Bitcoin is clearly seeing considerable levels of adoption. And investors continue to support higher prices year after year. Will the price correct, and will top buyers feel pain from investment losses in the future? Of course! Remember 2014-2015, when Bitcoin's death was proclaimed many times? Well, look at us now.

This continued trajectory is expected as long as Bitcoin's network continues to grow. Looking around at all the new users, the burgeoning altcoin sector, the maturing infrastructure and increasing attention from governments and mainstream populations, I expect it to continue.

An existential protocol flaw could surely threaten that, but there's no way to plan for that, and no good reason to expect it.

Bitcoin is a currency, use it as it is. People should stop to see Bitcoin as an investment while it isn't. Most, if not all, of the people who recently took interest in Bitcoin see it as an investment only. They don't even know what is cryptography. Where are the anarchists, cryptographers, cypherpunk, etc...
Talking about Bitcoin as an investment is going to kill Bitcoin ideology and so to kill the mass adoption

I'm pretty sure that Satoshi acknowledged that if BTC caught on in a big way, that they would be worth millions each. How could you expect people not to see that as an investment opportunity? I hear you, though. It's tough to see the old hands getting drowned out by the investor class, who largely doesn't understand or care about decentralization.

[Tanaka Osato]

The best way to keep it from crashing is to used it but it cant be done by alone unless you are a whale so you need to asked a lot of people to used bitcoin the more person you asked to used bitcoin, the less percentage it will crashed

The problem bitcoin has at the moment is its deflationary. Therefore it does not work well as a currency, but certainly works well as a store of wealth.

I think long term it will be seen as a digitial store of wealth, thats what will prevent it from crashing.

[FlightyPouch]

The best way to keep it from crashing is to used it but it cant be done by alone unless you are a whale so you need to asked a lot of people to used bitcoin the more person you asked to used bitcoin, the less percentage it will crashed

Even if many people use it, and the price continues to rise, the temptation of profit are still there, people will be selling off their bitcoin and it will be starting to crash again. Bitcoin is volatile so we do not need to worry about this things. It is normal for this digital currency to rise and to fall.

[Lumining]

I'm scared about the idea that Bitmain is holding a huge amount of BTC which they mined in the early years of ASIC mining equipment and that they will sell all their BTC at once, causing the most fatal crash in the complete history of BTC.

[Tanaka Osato]

I'm scared about the idea that Bitmain is holding a huge amount of BTC which they mined in the early years of ASIC mining equipment and that they will sell all their BTC at once, causing the most fatal crash in the complete history of BTC.

That would not be in their interest. If they have a very large amount they simply cannot sell them all at once, who would be all the buyers?