What to do if bitcoin drop and did not sell it?

[TaKlarPH]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoin got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease  and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

[olehgol260]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoing got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

I would buy more BTC at the low price. I did this yesterday when the price dropped from 11.5k to 9.7k.

[phillza]

hodl or tether

[drawoh14]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoing got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease to and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

$7000 is too much to drop but there is a possibility to drop at $8000. If you bought bitcoin for a higher price and it is dropping just hold it to avoid loss and buy more in deep

[smith4cris]

I'm really curious in what makes the value of BTC increase and decrease. If it would drop to $7,000 it will definitely be a big loss to those who purchased just recently. I was expecting the decrease in value at least next year. Basically it will depend on your goal if its for long term profit or for short term profit. You can always consider investing to other Altcoins like ETH.

[abdullahmonim]

Dropping the price means you are losing your money without doing anything at all. But it also burns a thought "Bitcoin has become cheaper for a moment. Shouldn't I be a genius and buy more bitcoins then keep a hope to become rich sometimes soon?" For me, yes this thought always comes to my mind.

[dothebeats]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoing got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease to and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

Support levels are currently established @ $9000 right now, and I don't think bitcoin would crash that hard (though there are some exchanges that recorded quite a slump, GDAX recorded a EUR 7000 sell order on their platform yesterday) since almost everyone is full-on FOMO mode. If in case bitcoin crashed so hard that it's hard to recover, I wouldn't sell at a loss, and will continue to hold knowing that bitcoin price has a habit of bouncing back up.

[mk4]

It really just simply supply and demand. People probably thought $11,000 was high enough then cashed out their btc; and it probably caused a sort of chain reaction whereas people were selling due to the price dropping slowly. I'm super fine with this though. We were only at around $6150 exactly a month ago from today. Even if it were just a 20% increase, I'm happy. We simply just went up too fast.

[mk4]

I'm really curious in what makes the value of BTC increase and decrease. If it would drop to $7,000 it will definitely be a big loss to those who purchased just recently. I was expecting the decrease in value at least next year. Basically it will depend on your goal if its for long term profit or for short term profit. You can always consider investing to other Altcoins like ETH.

It really just simply supply and demand. The number of buy orders of bitcoin couldn't sustain the bigger number of sell orders. People probably thought $11,000 was high enough then cashed out their btc; and it probably caused a sort of chain reaction whereas people were selling due to the price dropping slowly. I'm super fine with this though. We were only at around $6150 exactly a month ago from today. Even if it were just a 20% increase, I'm happy. The price just went up too fast.

[LTU_btc]

1. What I would do if Bitcoin decrease to $8000? Nothing. I just hodl and I'm watching at these short term price changes calm as a belgian.
2. Sign that Bitcoin will drop to $7000?. I don't think so. Offcourse it's possible to see correction soon. But from what I saw on experienced traders analysi, it shouldn't drop to $7000. I'm not planning to exchange Bitcoin to one of Altcoins. But if you afraid, try to diversify your portfolio.

[Svelto]

I am holding BTC for the long term. It doesn’t matter if the price fall to $8000 or $7000, I will continue to hold it. Some people sell when they see BTC price falling and buy at a lower price. You may make a profit with this strategy. I am not following this strategy because I do not know at which level will BTC rebound upward.

[trumpnoimee]

many people trust btc than usd. and btc make more profit for us

[aardvark15]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoin got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease  and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

To me you have 2 options:

1) Hold what you have and wait out the price drop. It will eventually recover and reach a new high at some point.

2) Sell and plan to buy back lower. I personally would not sell unless you are selling higher than you bought. You also risk not being able to buy at a lower price.

My suggestion is that if you didn’t sell at +$11,000, then you missed the sell opportunity (I missed it too) so just wait it out. It will recover and all will be fine. Everyone panics when this happens, but it will recover.

[Swoshinima]

I have already sold my btc, but I don't really know when I should buy some again.

Unfortunately I didn't sell my ether, so I'll just hold them.

[Prohodimec]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoin got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease  and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

And what to do you probably bought it not at the price as far as it fell, so there is no loss. But in any case, it is necessary to keep it for the time being, as many do and will not have problems.

[Futureblnr]

many people trust btc than usd. and btc make more profit for us I found an interesting project recently but Im in doubt. Mytimecoin, its like casback by coins for watching or using information from partners of it. Have anyone heard about it?

[eyesopen]

i see this happened already but i was not in a position to act because it happened very quick.

for long term it does not matter about ups and downs.

[Demontry]

As you can see bitcoin is increasing and droped but increased again.

•What will you do if bitcoin got low from 10 000 to 8 000?

Hours ago I did not get any update that it gotten to 9000 and increased again

•I think its a sign that it will decrease  and back to 7 000 any moment now. Will you see it or exchange it for another coin? Any suggestions and ideas?
 

I will buy extra coins (precisely speaking — only part of BTC). And if other coins price will decrease, I'll do the same. I am looking for Ethereum and Ripple, if my business will go well, maybe I will buy Litecoin.

BTC price won't delay at 7,000 level for a long time. Community will have only some hours/days to buy up coins and watch for the rally again.

[Freegan]

Personally I plan to hold my bitcoins for as long as necessary, it does not matter if the pullback is severe and people start selling their bitcoins at any time. At the end of the day, when the year started, the bitcoin price was at $1000 and my most optimistic pretentions made me calculate that if the bitcoin price closed the year at $1300, it would be a great year for me. Therefore, now that the price is close to $11000, the price may fall 90% and even then it would be a year with optimal returns for me.

[BTC Sorcerer]

Sooner or later gov will make centralized bitcoin2, and the first one will be banned.