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Author Topic: What to do if Bitcoin Price Crashes  (Read 2318 times)
jostorres
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February 28, 2018, 01:23:33 PM
 #501

That will be very devastating.People will lose millions at the same time it will bring more opportunities.New entrants will have the opportunity to buy more at a really cheaper rate.
All of the users of this coin specifically must not get themselves worked over the fluctuation in the prices because we all know that the volatility in terms of value is a very common factor for the bitcoiners. One of the best precautionary measures to be taken include the thing that one should never give up on his or her coins even when the dumping is hard because it always ends up in embarrassment and loss.

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tronslator
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February 28, 2018, 01:28:43 PM
 #502

despite what is considered a crash Wink Wink
kingkats0803
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February 28, 2018, 01:54:59 PM
 #503

I think I would buy a lot of it if it's gonna crash. That's the perfect opportunity to do so. Smiley


I will do the same! You can never turn your back on a perfect opportunity, no one will.
I'll buy lot's of it.. Am pretty sure that bitcoin price will soon bounce back.
So i'll hold on to my assets.
tommy088
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February 28, 2018, 01:57:28 PM
 #504

 $0.89 per BTC? I will buy as many Bitcoin as I can afford. This is the only way for me to own the Bitcoin,
 I think this will never happen again. Cool Cool Cool
Wayan_Pedjeng
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February 28, 2018, 02:07:10 PM
 #505

It will ruin it, I know you should only invest what you can lose, but damn it will be painful. I might want to buy a big drop will happen, but maybe it is a global ban.

If the prices crash as a result of a global ban (although the probability for such thing happening is very low), then the chances are that it will take many years for the exchange rates to recover. There is also a possibility that the prices might never recover completely.
bapetdik
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February 28, 2018, 02:13:11 PM
 #506

What to do ? Maybe I'll hold and wait until the right time or until the price goes up. It's the only way you do not lose. But if the price does not go up, you have the option of selling in a little loss. But if it happens to me, I will hold it until the right time.

spaso_87
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February 28, 2018, 02:15:28 PM
 #507

Bitcoin is the currency for the future so if the price crashes it will not the end of this currency but this currency is volatile due to which some time the bitcoin prices fall Now the bitcoin price will grow more and more and due to this we can become successful once we know that bitcoin holding for future if we make our mind for this then we will not lose hope in bitcoin.
That's right you say. If Bitcoin goes down we do not need to panic. Because Bitcoin the price is very volatile. So if the price goes down it means more people are selling Bitcoin than buying Bitcoin.
Lyd
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February 28, 2018, 02:23:25 PM
 #508

it's not so simple for the bitcoin price to crash. I mean of course it goes down sometimes but be positive. It will go up again
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February 28, 2018, 02:31:08 PM
 #509

The fundamental thing in trading is to buy when the price is down and sell when the price goes up. so for your question everyone will answer so. But there is the most important thing besides. "Dont Panic" is the most important in order not to lose big. My suggestion if bitcoin price down, buy as much bitcoin as possible and hold or sell little by little and continue to monitor the price ^^

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jamiebear
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February 28, 2018, 02:36:19 PM
 #510

I would take the chance to accumulate more. If the market goes down, you buy more. In a market as volatile as the bitcoin you should know better. Hold until it recovers because definitely it will go up again and by then you earn more.
barabut
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February 28, 2018, 02:40:44 PM
 #511

I will wait for the pump, do nothing if the prices of btc crashes. It is similar to tangible assets like gold, silver palladium or any other. One btc is one btc after years, the value will be one day smaller and bigger another it is speculative. If currently the prices crashes then I should wait the next pump.
boddy.dy
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February 28, 2018, 02:41:39 PM
 #512

If bitcoins price crashes what we should do is to keep calm. We should go to our resources and check out what is happening. If you are in trading and you are very good with it surely you will buy a lot of bitcoin if this moments come. It is because this is the right time to buy because the price is low and definitely somehow it will come back again that it's price or value will increase. By this point of time your bitcoin will give you a huge profit. This move is only for those people who have a big patience because no one know when it's value will come back or worst come scenario will not come back at all.
cryptotsunami
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February 28, 2018, 04:57:33 PM
 #513

What would you do if Saturday Morning you wake up  and Bitcoin Price Drops to 0.89 cents?
Also I would love too hear opinions on what would it take for something like that to happen.
I imagine President Trump would have to outlaw bitcoin or something of that magnitude at this
point right  Huh Huh Huh Huh
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked
HOLY CHIP!!! I would Buy my own Island and make myself The king and have hundreds of children with my hundreds of wives
because I would immediately divorce This one definitely trade her in  for someone who doesn't talk so much blah blah blah .....
and is always moving my damm shoes Angry Angry Angry Angry Angry Angry
IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE
If that happened I will sleep again because I know I am just dreaming. I don't think bitcoin will drop to Even to $1 because is already a demand in it. But $2.5Milion would be possible if almost all in the world adopted bitcoin but I would say $1.5 Million is achievable if 90% of the population in the world adopt it.
geopolisch
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March 01, 2018, 04:50:05 AM
 #514

It's buying time, like in other words, SALE SALE SALE BTCBTCBTC Time to really buy when you considered it as the value of bitcoin in the past weeks. Also, if you have a bitcoin already, just hold it.
There can only be two possible options for a person when he wants to be in touch with bitcoins. At such point, right now, there may be trending towards buying of bitcoins.

Like you said, it is like a sale and sale thing. People must buy bitcoins if they want to get into this world. And on the same side, if you are holding any bitcoin, then keep on holding this would be the only source of profit for you.
chidrawarster
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March 01, 2018, 04:53:09 AM
 #515

Even I would buy a lot at multiple positions so that the averaging policy is intact and avoid max loss in case of complete crash. Major corrections happen in the market now and then and this is bound to happen. In such scenarios people love buying btc as that's the only way to get btc at cheaper prices and get them converted into profit on long  run.

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jundy020
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March 01, 2018, 04:56:03 AM
 #516

Your thoughts are obviously out of this world haha but i love that and want that to happen so i can buy many bitcoins as i can ever afford.

But still, this will never happen
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March 01, 2018, 05:00:06 AM
 #517

And yet the very first BTC transaction was for two pizza's for 10000 BTC back in 2010! If only we knew......

unsquidly
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March 01, 2018, 05:02:42 AM
 #518

For many people the drop or the crash to bitcoin price is somehow an open ending opportunity that could help them to gain profit or to have an chance for new comers to start a form of investments or trading with the used of cryptocurrency. I think the perspective varies depending on the idea of a people on bitcoin so it could be better if we could have time to learn bitcoin system that would help us to decide what the right thing to do in settling and creating an investment with the used of bitcoin.
 
Geoll29
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March 01, 2018, 05:20:04 AM
 #519

If the price of bitcoin suddenly crashes to just cents I would buy more of it. I have a very strong belief in bitcoin and never put in my mind that it would completely disappear. When the stock market prices went down Warren Buffet is like a child buying candies in every store. Everything is in bargain.

guoyu78
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March 01, 2018, 05:20:58 AM
 #520

Bitcoin crash is a normal phenomenon and it is part of butcoin's cycle. Bitcoin won't forever be on its highest balue, there will always be a time when it goes down and qhenever bitcoin crashes, i would definitely hodl the botcoins i have and purchase more bitcoins if i have the financial capacity to do so. Instead of panicking, it is best to take advantage of the dip.
Hahaha no, no need to get faint rather have a strong control over your mind. Bitcoins are continuously varying in prices throughout the time. One must understand the fat that you can’t do anything when prices are getting down other than to turn off the screen and just relax. Because if you don’t do this, you will be emotionally high and ultimate results would be selling at so low prices.
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