If bitcoin falls 20% a day

[ajmapalo22]

This thing can really happen to bitcoin because the value is still not fix and stable but for me I will still choose to hold because I am confident that no matter what bitcoin experience for sure it will end up with a very high value especially now that more people get to know it and are doing investment with bitcoin the demand will continue to grow as well as the value keeps appreciating.

[tommy05]

It was impossible to happen however when that time comes I have to save my investment so as early as possible I will plan to cashout my bitcoins to prevent future loses

[imamimam1234]

if bitcoin falls 20% a day, I think we still have more options to choose. I will keep it my own, and buy more bitcoin and pay attention to the market and of course expect to rise again or pumping, at least the profit cover the the cost when I spent the money to buy bitcoin. but if still fall day by the day with that percentage , I'd like to speculate in altcrypto.

[Zinkin]

Do you choose to hold or sell? I choose to continue holding.
 

Well that's what every smart guys do. But its also not a bad thing to pinch some money on the packet, right? I mean, you needed money occasionally or not often. No matter how long you will hold it, you will constantly needed money for your daily lives. If not to pay bills, having some other investments, or having a business. It will happen but then again if you have other sources of income, good for you.

[machinek20]

Definitely going to hold and buy more, bitcoin is a hot item for now, a big fall will be chances to earn profit and alot of people queue up to buy bitcoin when the price go down, going down 20% is not a big deal to bitcoin users because bitcoin will do fast recovery

[mayidid]

I try to never sell when the price is falling unless you are at the top of a big pump and it's just started to drop. That leaves buying and holding as the main two options during a drop in price. If you have some extra fiat that you want to invest, then buying Bitcoins during a price drop is a good strategy. If not then just hold what you have and ride it out. It will eventually rise up again because bitcoin is good investment.

[bitllionaire]

I try to never sell when the price is falling unless you are at the top of a big pump and it's just started to drop. That leaves buying and holding as the main two options during a drop in price. If you have some extra fiat that you want to invest, then buying Bitcoins during a price drop is a good strategy. If not then just hold what you have and ride it out. It will eventually rise up again because bitcoin is good investment.

in previous time we have already experience too many downfall in the rice of bitcoin, in very beginning people were not too much confident about bitcoin trading and a little bad news in the market would create big panic and people would start selling, but now people have become mature and even if there is selling trend in the market they try to hold their bitcoin and give good support to it. Which is not creating more panic and crash like situation in the market. ,/

[Rinder]

To be honest im saving the much bitcoin i can, i do follow the value, and well i dont pretend to sell anytime soon my coins, i had exchanged a few bitcoin at 6000 dollars, because i were expecting the halving to crash the price, since no more forking the price keeps growing, and well 8000 dollars will became very soon the cheap value for bitcoin, it will get and find support, this makes around 800% into this year only... 20% means nothing.

[DRVX]

I will keep all my Bitcoins. This is legendary currency, I don’t believe in its fall. But even if it happened I am sure that BTC will rise again. No forks replace BTC as a leader cryptocurrency world.

[kueyen]

A 20% drop would still be affordable. Compared to how much bitcoin has gone up within the last year, 20% is pretty much negligible. If it fell beyond that though, mass panic would not be avoidable. Hopefully we won't see something like that, unless evrything crashes and vurns for some reason.

[n0ne]

If such price fall happens, surely more new investors can been seen into the community. Even by that time the price won't fall directly low to 20%, maybe some fluctuations happen with consecutive price increase and decrease. Also those will be highly used as an opportunity by the traders to make good profit.

[postokenlover]

You will not easily sell bitcoin in this period, relative to paper currency, bitcoin is relatively safe, not easy to devalue. And it's probably going to be more valuable

[Kajevy]

Will be a change to more hold and buy more if possible we see bitcoin correction fast so will buy a lot and sell half

[evilgreed]

        Most of us here would probably say buy more, while opposite to some. Some also may panic sell when it drops for even 5%, but as for so many experienced traders and in think its quiet right also when you have any amount and the price drops you can buy and hold for it for longer term.

[campion99]

With me ,  I should keep and buy more, I believe Bitcoin will increase more,
Because Bitcoin is getting more and more valuable, the utility it brings is much, convenient transaction, easy online payment.

[mrcash02]

        Most of us here would probably say buy more, while opposite to some. Some also may panic sell when it drops for even 5%, but as for so many experienced traders and in think its quiet right also when you have any amount and the price drops you can buy and hold for it for longer term.

I would surely keep holding the BTCs I already had and would try to buy some more... A hypothetical drop like that wouldn't continue for much time, as people would see the price falling too much and would start buying again, increasing the currency's price and making profit. Somehow like what happened days ago when BTC dropped near $5500-$6000, I don't remember exactly, then right after the price came back to $7000 and now it's above $8000.

To say the truth people wouldn't let even Bitcoin drops 20% a day to start buying again, increasing the demand really fast.  

[novhitadaloma]

the cause of the bitcoin fall because of what, fake news or theft, but I will keep my bitcoin.

[bitcoin31]

Your decision is good that your bitcoin will hold because for sure the price of the bitcoin will increae more or it will continue to increase the price in the future. Last few hours the price of bitcoin down lower than 8k dollars but it will back again and the price is 8200 dollars and the price will increase more and anytime maybe we see the price of 8500 dollars and next few days is 9k dollars.

[iamTom123]

Do you choose to hold or sell? I choose to continue holding.
 

It should be hold and add more...remember that a big dip is a big opportunity to buy cheap. Those who made Bitcoin purchases when it did 'crashed' to $5,000+ at the height of the Bitcoin vs. BitCoinCash war are now smiling because they already made some good money out of their brave move. This is actually normal in Bitcoin and we should not surprised if one day its value can go down less 20% or even more. We should instead be happy because it can be a good opportunity for others to also get into the Bitcoin party. To hold or not to hold seems to be not the question but this: How much are you holding and buying more when the price will crashed?

[beerlover]

Do you choose to hold or sell? I choose to continue holding.
 

it happened and it will happen many days in the future , that's what making crypto market crazy these days cause the price isn't moving steadily
you can easily see bitcoin and other alts going up or down 20% or more suddenly , and usually these based on bad or good news
selling when the price dump is so crazy , so you either hold or buy more

so you should expect these things if you are totally newbie

Obviously, this is a pattern that we should always expect and as far as I am concerned, it is more like a pattern that is trying to give some people some chance to pick up back at the point where they preciously missed. It is then left for each individual on how they really want to make use of those moments for their own benefit.

My answer will be buy more coin. I Dont think about sell my bitcoin. Bitcoin soon will be hit $1000 than I will sell some coin than will wait for next dump.

Really, I see no reason why anyone should panic anyway. Bitcoin has always shown some patterns like this and at that dip stage, people always buy more knowing if they do not utilize the chance to make that profit from the dip, they may never get that opportunity again. For me, I will just keep buying until the last dip, and then keep laughing as usual when it keeps coming right back up.