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Author Topic: what to do if bitcoin decreases?  (Read 10229 times)
Darius_Wright
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March 21, 2018, 04:05:05 AM
 #1581

I would like to add another aspect: minimize loss, in case you want to protect your principal (and commission paid when you bought Bitcoin). Please look into 'stop loss order' in case you want to get out of the position while minimizing the loss because you are not certain when the price will return enough to get your position back to 'gain'.
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Dominic_King
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March 21, 2018, 04:05:26 AM
 #1582

personally i would not choose mining. The difficulty level of mining depends on the level of efforts being put into mining across the network. Following the protocol which has been laid out in the software, the Bitcoin network repeatedly adjusts the difficulty of the mining after every 2016 blocks or almost every two weeks. This is done with the aim of keeping the rate of block discovery constant. The higher the difficulty level, it becomes less profitable to mine for the miners. Hence, if more are people mining, it is lesser profitable to mine for each of the participants. It cant be denied that there are more and more people mining bitcoin ... I am not really interested in this kind of harsh competition..
Edsel_Miller
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March 21, 2018, 04:06:51 AM
 #1583

If you bought a bar of gold at $1200 / ounce, then the price of the gold drops to $600 / ounce, you wouldn't actually lose any money at all unless you decided to sell your gold at that time. However, if you wait until the price of gold rises to $1800 / ounce, then sell it, you will gain money. The key is an ounce of gold is still an ounce of gold, regardless of the ""price"" in some other currency.

Same goes for bitcoin, or indeed any currency. If you trade it at one price, then subsequently trade it at a different price, you'll either gain or lose money.

Your market view of trading any commodity stands true, but your key example is wrong. "The key is an ounce of gold is still an ounce of gold, regardless of the 'price'" - You're implying that gold always has some intrinsic value, worst case scenario you could use it as a hammer or throw it at someone. Bitcoin has no intrinsic value, and can become worth absolutely zero. In fact that will eventually happen given enough time (years, decades, centuries) unless invisible "bits" become collectible like paper money from long-collapsed empires
KuyaBreezy
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March 21, 2018, 04:11:10 AM
 #1584

I believe investors have plans set for such situations it cannot be glorious all the time, and at some point the prices will reduce, the only logical thing to do in that case is to hold and wait for the prices to recover. if not then they can sell but only if the price they are selling at still guarantees them profits.

griezmann
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March 21, 2018, 04:11:53 AM
 #1585

now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly, if bitcoin decreased what should be done?, whether the investors will lose? Roll Eyes

The only thing we can do is wait until the price is increasing again, or option 2 , when the price is decreasing, we can invest more in them if we still believe in bitcoin.
Socioman
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March 21, 2018, 04:31:35 AM
 #1586

I think bitcoin can not stop. Advertising bitcoin is already everywhere. Everyone has already heard of bitcoin. Many are interested in bitcoin. Many people buy or plan to buy bitcoin. This can not be stopped.

Jahson420
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March 21, 2018, 04:34:01 AM
 #1587

Bitcoin is more or less like gold. But you need to know that there are some things that cause Bitcoin better than gold.
So the more difficult, the higher the bitcoin value and the investors who want to hunt are increasing.
My opinion Wink

Well i agree with this
dillpicklechips
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March 21, 2018, 04:37:32 AM
 #1588

I think bitcoin can not stop. Advertising bitcoin is already everywhere. Everyone has already heard of bitcoin. Many are interested in bitcoin. Many people buy or plan to buy bitcoin. This can not be stopped.
Yep. It may fall but surely it will rise and surpass its previous ATHs. Also, I'm looking forward for it to be more stable in the future as the demand goes up which will open up new transaction in the trades of goods. I also hope for BTC to be friendly again in microtransactions.
Alex ronaldo
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March 21, 2018, 04:38:38 AM
 #1589

If the BTC is reduced then take it as an opportunity to buy more, nothing to worry about
tri lie
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March 21, 2018, 04:59:20 AM
 #1590

Hodl them, don't worry so much because the bitcoin market are still very active and peoples still has interest in bitcoin. I think its a usual thing to happen when the market is decreasing.
Cassenan
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March 21, 2018, 05:17:54 AM
 #1591

If bitcoin decreases,  time of the investors knows their strategy on how their investment not affected on this kind of situation. On other side coin holder got to hold their investment and until increases the balue of  Bitcoin.
Mohit1243
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March 21, 2018, 06:16:17 AM
 #1592

If Bitcoin decreases, you should wait for the time when it increases again and you have a good opportunity to buy more btc in low price.
upisdown
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March 21, 2018, 06:27:06 AM
 #1593

Bitcoin is a digital cryptocurrency. Volatility is the basic feature of any currency. Bitcoin`s price, like other currencies is determined by the flow of demand and supply. Bitcoin has crossed $19000 mark in the month of December, later on due to profit booking it came down upto $7000. Now again it started gaining price, bitcoin investors have strong faith and confidence in their investment in bitcoin currency. So whenever bitcoin price falls, its investors dont became panic instead they consider this fall an opportunity and grab more and more bitcoins. When bitcoin price rises they sell those bitcoins. This is the best policy.

Biitcoin
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March 21, 2018, 06:30:13 AM
 #1594

Surely I will be depressed but what can I do?
I can only be thankful to GOD that  I live, I loose my money, not my life.

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March 21, 2018, 06:35:21 AM
 #1595

Only those investors who lose their fright will lose and will immediately sell their bitcoins, because in the long-term it always grows
Captainluffy24
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March 21, 2018, 06:46:08 AM
 #1596

First of all, I don't think that bitcoin will decrease it's value lower than what you invest because I'm sure that this will recover. If in any case the value decrease I recommend holding on because this will rise again and you can't do anything about this changes. Best you can do is to invest this to ICO since you'lee earn more altcoins if the price of the bitcoin is still high, this way you can invest to another coin and might have a chance to hit the jackpot.
Farahtenan
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March 21, 2018, 06:53:33 AM
 #1597

now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly if bitcoin decreased what should be done? whether the investors will lose? Roll Eyes
Investors will not lose if the investor does not sell Bitcoin at a low price. Unless the price falls again, the investor will sell Bitcoinnya, it is certain he will lose in large amounts. What we need to do if the price of Bitcoin decreases is just to calm down, not panic, not to sell its Bitcoin, and keep the Bitcoin we hold.
ranchi
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March 21, 2018, 06:54:26 AM
 #1598

If you are Hodlr  then keep holding.
if you buy at high then keep holding don't sell

if you have already purchased  at low and want to do trade then you can sell but its not recommended until market get stable.

If you are looking to buy more then buy when price goes down.

Maxre
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March 21, 2018, 06:55:21 AM
 #1599

Surely I will be depressed but what can I do?

you can buy again with the rest of the money if bitcoin prices decrease, because this situation is a good opportunity to reduce your losses.
I can only be thankful to GOD that  I live, I loose my money, not my life.
you are very relegius comrade.

Azzam Khalif
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March 21, 2018, 07:06:37 AM
 #1600

now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly, if bitcoin decreased what should be done?, whether the investors will lose? Roll Eyes
if Bitcoin decreases, I am sure that Bitcoin is decreasing will not belong. and will rise with a period not too long. I'm sure the development team from Bitcoin will try hard to restore the Bitcoin price again.

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