What to do if Bitcoin Price Crashes

[teejayrichard2]

Bitcoin price crashing is inevitable in a way but I believe it won't crash very low. Bitcoin has so much potential and has proven beyond all reasonable doubt that it is the world's number one crypto currency. Even if price of bitcoin crashes down a little, it will definitely pump up again because of the great potential bitcoin has.  So if bitcoin prices crashes, I will just chill and watch bitcoin price rise up again  reaching beyond its limits.

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[yoseph]

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  
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  
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
IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE

I really doubt there will be anyone who will still buy bitcoins at this juncture and since the value has gone so low, owners would just have to keep it for themselves since there will not be a lot of people who would be willing to buy. Bitcoins would be dead it can go to such a low price.

[allthebitandbobs]

if it drops that low like 1929 i will fine a tall building to jump off off  are give my self a buck shot sandwich 

[coinoberg]

Today's capitalisation would never let Bitcoin crash. It could me soft correction even in 1000 of dollars, but crash...Nope! It's not gonna heppend. even amazon and Wall Street joined the game 

What you say may seem right but another side Bitcoin did teach all of us that nothing is impossible in this world. How did it do it? By coming from nothing to 20K usd value. So that is why I believe everything can happen anytime and we should be prepared for different scenarios, so our life doesn't get effected so badly, this is my advice.

[crazycatwoman03]

Buy more of it indeed! Any drop in price is a gift for those who dream about bitcoin. I stopped buying BTC when it passed $7k mark. If it will drop below that line I'll buy it again. However I doubt there will be sales like that

First of all bitcoin price will not crash because bitcoin is now very strong in market and there is a very big support to bitcoin by a lot of countries and all its users are also going to support bitcoin because bitcoin is a fast growing currency and it know how to accept challenges so I’m sure that there is no chance of bitcoin to crash but in case something happen wrong with bitcoin I will be still apart of bitcoin because bitcoin know very well how to come back.

True,  a crash shouldn't put our faith in bitcoin down.  We all know how bitcoin can revive easily and many have witness that because of the previous forks.  Cryptos are volatile that any minute their prices can rise or go down,  what important is for us to be able to control our emotion and feelings toward this because most of the time,  unwised decisions are made if we are not thinking straight.

[ihsanskanzaone]

What would you do if Saturday Morning you wake up  and Bitcoin Price Drops to 0.89 cents?

I would obviously feel really depressed about losing all the value I had built up in bitcoin but then I would take the opportunity to buy a huge amount for when it will ultimately recover as it always does.

If that happens then bitcoin is no longer useful as an investment and I will leave it because the price has dropped dramatically. it could happen if there is a global ban on bitcoin users but some countries have legalized bitcoin users and bitcoin communities have grown worldwide so I'm sure this will not happen easily when bitcoin prices are high as it is now.

[rahmanrock]

What would you do if Saturday Morning you wake up  and Bitcoin Price Drops to 0.89 cents?

i dont think that is possible mate  😉 if it does happen then i would buy 25k BTC in that day cz i think that's the perfect opportunity to do so. 

[jc89]

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  
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  
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
IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE

It's so fascinating to read peoples' exaggerated fantasies and lunatic hallucinations. But to make things more fascinating, I'll bite your bait
When Bitcoin suddenly crashed to $0.89, I'll jump off my bed and buy as much Bitcoin as I can buy. This should be what the others will do and Bitcoin will pump within an hour.

The only possible reason that could trigger this crash is when everyone decides that Bitcoin is a shit and only a few think Bitcoin is a shit. So, it's up to you.

[shamzblueworld]

I would buy as much as I can if it crashes any time soon.
And almost every one is waiting for such an opportunity, hence no chance of crashing any time soon. Because the demand is just too much and will be too much if it goes slightly down.

[care2yak]

That would be devastating. I know you should only invest what you can afford to lose, but damn that would hurt. I would probably want to buy if such a enormous drop would occur, but for this to happen it would probably be caused by a global ban or something(very unlikely, but very possible); so I wouldn't probably be able to buy in the end due to probably all exchanges shut down.

right. my thoughts exactly. so i suppose the bitcoin devs and the community understand the consequences and would not allow anything like that to happen(?) there must be something really catastrophic that will happen to bitcoin that will trigger a so-called global ban, right? i believe nobody will want that to happen.

[checkmate25]

There is stilll a big possibility that that happens. but take in consideration the difference in mindset with the people who are dealing with cryptocurrency.
All people i know have this mindset. If BTC goes down we buy! now think about it. How will that crash? hahaha

[Kakmakr]

My survival strategy is built around reaching my ROI in the shortest time possible. When you received all the money you invested back <also called ROI> and you made some profits, then the impact of this type of scenario will not be that devastating to you.

Get your money back and make some profits and then carry on risk free. ^smile^

The only people who will have to worry about a price crash, will be the people who did not take the profits or the people who re-invested their profits.

[colonel_koval]

What would you do if Saturday Morning you wake up  and Bitcoin Price Drops to 0.89 cents?


or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  

I can tell you what. In both cases you wouldn't be able to get out of your investment (because of the block size and the number of transactions incompatibility) for weeks or months and then after you get out, maybe the second scenario is totally reversed because everybody has sold.

[SuperD007]

There is only one thing to do...

BUY BUY BUY and then BUY BUY BUY BUY and after that you should also BUY BUY BUY BUY BUY and then also try to BUY BUY BUY BUY BUY but make sure you dont forget to BUY BUY BUY BUY BUY...

Oh did I mention that it would be also be a good idea to BUY BUY BUY BUY

I would even sell my car to make sure I can Buy as much as possible...lol

[skorupi17]

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.

First, if BTC price drops to less than a dollar then I'll definitely rush in buying more because that will be considered as another shot for late investors. It's like sleeping and then waking up again in 2009! And let me tell you together with everyone else here, it's not gonna happen. Ever. What will it take for that drop to happen? Simple, when you are the only one who holds BTC and everyone else is dead.

or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin
HOLY CHIP!!! I would Buy my own Island and make myself The king and have hundreds of children with my hundreds of wives

Some kind of imagination you have there, pal!

[felipe04]

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  
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  
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
IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE

i will back in my past hobby but to think bitcoin will gone in the future is nonsense because we already know what bitcoin can give in any person that using it.The transaction is good and easy all around the world,we can also learn here in crypto how to manage time and a good past time also because some of activity here need plan before you do,and all the best here is the money that we can earn

[Ararbermas]

For me its a big opportunity to  buy more bitcoin and hold until bitcoin rocketed again to 20k ,but its a big lose also to those bitcoin holders who didn't notice that there was a big crash coming.and its impossible to happen it think cause even though bitcoin always fluctuated  it will never carsh like that price. And also there's a chance that some bitcoin holders can sell before that crash scenario happen because now adays there are some people can predict the bitcoin movement. 

[KrLos]

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  
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  
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
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 the price of bitcoin falls, I will immediately buy a lot, as it will rise again, for sure.
If I become rich because of bitcoin, I will invest money in my business and go traveling

[Mjeramirez]

That would depend on the reason it crash, if the reason is political maybe many government of the world ban the use of bitcoin which causes investors to panic and sells all their shares then I would gladly buy bitcoin for that cheap. I think political decisions are just temporary which will only depends on the policy of the current goverment, a change of regime would mean change of policy or stance for bitcoin.

[khaled0111]

Bitcoin price can't crash like that in one day, even Trump is unable to do that.
Even in the worst cases where all governments start banning Bitcoin, people will keep trading, the price will decrease for sure
but will never fall down to 0.89$.

or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin

You are very optimistic, thta's good but if you are going to invest you have to be more realistic.