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Author Topic: If bitcoin falls 20% a day  (Read 1296 times)
Jamie Oliver
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November 19, 2017, 02:13:25 PM
 #21

Bitcoin is less than 10k usd, and I won't sell it. If it falls, I will choose to continue buying bitcoin because I believe bitcoin can continue to rise.
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November 19, 2017, 02:17:59 PM
 #22

Do you choose to hold or sell? I choose to continue holding.
 Cheesy Cheesy Cheesy
Still hold it, there is no reason to sell. i believe it.

For me, it's an opportunity to buy more Bitcoins. I feel like it's gonna stay growing for at least the coming 2-3 years.

I'm just holding it until Bitcoin until I'm a millionaire or really need the money. I usually buy more of it in dips like this one too  Smiley

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Good point.
prices bitcoins falls 20%, it could be a discount day, if you are quick to respond you will see this as an opportunity to buy more.
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November 19, 2017, 02:22:09 PM
 #23

I am not hodling anymore. I was holding from 400 but now it doesn't make any sense. I doubled when it was 800 and so on. BUt now ?
It has to go to 14k to only double no way to big risk for losing money.

I am out.

You will kick yourself, if you do that. We have only recently seen institutional capital coming our way and if that is the

beginning, then I want to be there when these guys goes all in. If this trend continues, we will easily double the Bitcoin

price in a year and it will go far beyond that within 5 years. Stay calm, take 50% if you have to, but keep some flesh in the

game.  Wink

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November 19, 2017, 02:24:23 PM
 #24

Of course, I will continue to keep bitcoin. It's just wonderful, I'll buy more bitcoins and other currencies, this is an ideal opportunity to increase my capital.

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November 19, 2017, 02:25:59 PM
 #25

That sounds very much like a Dream scenario Cheesy Falling 20% a day for a week would be sweet Wink Just in time to buy more for the pump Wink
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November 19, 2017, 02:26:05 PM
 #26

if falls 20 percent down a day? to all buyer bitcoin is better because bitcoin goes down the more big amount you buy if bitcoin down.
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November 19, 2017, 02:29:32 PM
 #27

In investment, they said buy low-sell high. It happened before in BTC. So I'll hold for now and wait for the right time to sell. Anyway, prediction is good for BTC

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November 19, 2017, 02:51:14 PM
 #28

i think it is not a true argument that the bitcoin will drops down value as the experts of this system is trying to expand the crypto currencies in the world they are making good policies for the betterment of bitcoin i think it will be a false judgment about bitcoin. any how if it happened in the future i think the crypto currency will collapse.

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November 19, 2017, 02:53:35 PM
 #29

My action will depend on some other situations. At this moment we are riding high on positive news of main stream adoption like CME group, Man group and Square payment system. So the market is over all positive. So at this situation, a dip of 20% will give me an immense opportunity to buy bitcoin at a cheaper price. SO I will continue holding for sure and I will also buy more knowing the future potential.

   
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November 19, 2017, 02:55:12 PM
 #30

20% it's not the number to start the panic. These days it's normal. So, no, I won't sell it.
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November 19, 2017, 02:57:25 PM
 #31

if we look at the current system of bitcoin it can't be said that it will devalued up to 20% day by day because it has backed by a strong system we called that the crypto currency system as it will not be down in the short period there will be a false information if this happen in the future. the expert of this system are trying to expand the crypto currency everywhere in the world there are so many countires like japan and some other countries are accepting this currency.

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November 19, 2017, 02:58:46 PM
 #32

It already happened a few times and of course I kept my bitcoins. I see no reason to sell so low except if you are very confident it will go even lower to buy back more. Because such a fall can call just a reaction behind. It is a great buy opportunity and many will take it. We just saw it with the Bitcoin Cash failed pump.
that's right if you have good  judgement and you study and assess if the value will fall then its okay with you to sell for a while and wait for a good timing to buy back, i'm doing it with alts but never with bitcoin as volatility is so fast and chances to be left over is very big so its better to keep holding.

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November 19, 2017, 03:00:05 PM
 #33

if we look at the current system of bitcoin it can't be said that it will devalued up to 20% day by day because it has backed by a strong system we called that the crypto currency system as it will not be down in the short period there will be a false information if this happen in the future. the expert of this system are trying to expand the crypto currency everywhere in the world there are so many countires like japan and some other countries are accepting this currency.

What kind of bollocks is this? Of course it can drop 20% quickly - that is what happened just a couple of weeks ago
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November 19, 2017, 03:08:18 PM
 #34

Why I should worry if it drops by 20% a day it can pump 100% in three days its the nature of bitcoin I get used to when it crashed it pump the cycle just go from time to time but the best part about that is at the end of each cycle bitcoin ends up with a very appreciative value so instead of worrying I better sit back and if possible buy more bitcoin

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November 19, 2017, 03:22:55 PM
 #35

It hasn't been a week yet since the drop to 6k. Ups and downs have always been a part of the crypto world and I won't only HODL I will buy!

My list of threads giving away merits: https://bitcointalk.org/index.php?topic=3048258.0
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November 19, 2017, 03:23:57 PM
 #36

If the price of bitcoin falls 20% today then i will just buy it because i just sold my bitcoin to the peak for a few days ago and i am planning and waiting for a huge dip to re-enter the market again because the market of bitcoin or the price, rather, is not yet strong to maintain it for the next few weeks so it may have some huge dip that can be a great entry for me.


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November 19, 2017, 03:29:08 PM
 #37

Why I should worry if it drops by 20% a day it can pump 100% in three days its the nature of bitcoin I get used to when it crashed it pump the cycle just go from time to time but the best part about that is at the end of each cycle bitcoin ends up with a very appreciative value so instead of worrying I better sit back and if possible buy more bitcoin

I do not think that any serious bitcoin holder will worry about the dump in the chart because they are watching the price graph from the past 9 years and well known about the reason for the dump. So they will never sell their bitcoins when the value dumps as well.
When the bitcoin dumps most of the traders nowadays buy more bitcoins in that time and sell it once the bitcoin value recovered.

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November 19, 2017, 03:34:43 PM
 #38

I would probably keep on HODLing my bitcoin because i know bitcoin will rise again. If you will just look at the graph, you can see that everytime bitcoin's price falls, it will always rise putting traders or investors on a winning situation.

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November 19, 2017, 03:38:54 PM
 #39

I would probably keep on HODLing my bitcoin because i know bitcoin will rise again. If you will just look at the graph, you can see that everytime bitcoin's price falls, it will always rise putting traders or investors on a winning situation.

Wow Einstein. You clearly are a knowledgeable investor who knows what he is doing......
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November 19, 2017, 03:41:48 PM
 #40

20% price decline in one day isn't that much. As far as I know, it had already happened a few times. Before price declines, some big event must occur. Last time when the price had started to decline was the cancellation of Bitcoin SegWit2x hardfork. It wasn't that long time ago. The price had dropped about 30% and quickly recovered. What a shame transactions were slow and expensive back then.

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