What to do if Bitcoin Price Crashes

[ORiN]

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

[just_Alice]

Crashing to 0.89 cents is a dream of many people here, and I am one of those people, because it would be a great opportunity to buy a lot of coins. We all know that bitcoin will go back to it's real value, which is definitely higher than $10k so buying under $1 is a dream. Although I don't have much money I would find a way to buy 100+ BTC in that case.

[bitvalak]

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

fell in price 0.89 cents? It's impossible to happen, unless you rewind the time and you know bitcoin since 2009. Bitcoin is now very much making people crazy, because they are surprised with the 10x bitcoin price of the gold price per ounce.

[lusiaga]

even the bitcoin price will go down 10.000 dollars,, there are alot of people out there waiting for this to buy alots more.
thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it

[KwizatzHaderach]

If it goes down to that level, buy up some more.
Value should go up still as bitcoin has branding now.

[Vishnu.Reang]

If it crashes!!!, just hold it till it rises again because mark my words it will rise. It may not rise as fastbut it will follow a sinusoidal curve of growth where the downfall will be damped every cycle!!! So I would recommend even it it crashes just keep holding. On the other hand if it rises too much just sell them and live off a life of luxuries with a big yacht and a house (Dont sell them all though )

[crytomusica]

If it goes down to that level, buy up some more.
Value should go up still as bitcoin has branding now.

There would be two scenarios. One is complete crash which I don't even want to think about it as many of my things are dependent on crypto currencies. I'm passing this scenario. Second one is retracement, so just comes down a bit, in this case I'd also buy more.

[Washball]

I don't think that will happen. The price could fall to 14K max. But if it would happen, some rich people will pull out their hair. They've invested millions and they will not let it happen. If bitcoin was to crash to $0.89, then it would be time to buy and hold. Because the price will increase.

[Sweeet123]

If at all the price crashes, you probably can buy more and invest, and be passive, wait for the prices to shoot up again and then sell it a great price

[senin]

Bitcoin now can not be so devalued as to cost less than one dollar, even if US President Trump declares bikookoyn unlawful. It will certainly decrease for some time in price, however it will not fall so much because the general trust of people to bitkoyu is now quite high. However, if bitkoyn is so depreciated, then it is necessary to proceed from the reason why it has depreciated. If the reason is temporary or not serious, then it is necessary to purchase it more than that, if the reason is incomprehensible or ambiguous in the assessment, it will be necessary to wait a certain time and observe the situation. In general, the concrete steps will be different based on the same concrete situation.

[exocoins]

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

Buy Buy Buy and if it goes to 2.5 mill I would retire tire tire

[googlerankspecialist]

Bitcoin now can not be so devalued as to cost less than one dollar, even if US President Trump declares bikookoyn unlawful. It will certainly decrease for some time in price, however it will not fall so much because the general trust of people to bitkoyu is now quite high. However, if bitkoyn is so depreciated, then it is necessary to proceed from the reason why it has depreciated. If the reason is temporary or not serious, then it is necessary to purchase it more than that, if the reason is incomprehensible or ambiguous in the assessment, it will be necessary to wait a certain time and observe the situation. In general, the concrete steps will be different based on the same concrete situation.

Funny you would say that about trump. I don't think it would effect bitcoin so much because bitcoin by nature is designed
for the whole world not just for the states

[exocoins]

even the bitcoin price will go down 10.000 dollars,, there are alot of people out there waiting for this to buy alots more.
thats why i think near imposible bitcoin will crash below 1 buck, thats most bitcoiners believe it

This is very true as I am looking to buy bitcoins the OP of this there has some but like everyone else isn't selling
at a reasonable price he's asking 20% over market price..What if it drops to 0,89 then everyone loses everything?

[dogz12]

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

you need not to worry, saturday has passed and nothing happens with the price of bitcoin . But if it happens well people will start to acquire as much bitcoin as possible and it would not take an hour for the prices of bitcoin would again soar to heavens.

[SiDtHeBeSt]

First of all, I don't think bitcoin can suddenly crash to such a huge extent, it's price might start dropping but it can't become 0.89 cents from 19.6k USD (current approx price) in just one night. Even if it's price drops, you should still hold your bitcoins i think and invest even more of your money into it as it is most likely going to rise again. The people who invest at such a time where the price is low can get a huge amount of profit when the price rises again.

[Twentyonepaylots]

if bitcoin price crashes suddenly then a lot of people who invested in bitcoin will be affected in a bad way, because the money they invested in it will surely go to waste because the money will not gain profit.

[coltraneWANG]

The 'crash' u r worrying have happened many times,but BTC has gone through all of this.Nowadays, BTC is like a real gold,it has limited quantity and it is somehow 'valueless'.But it will never become valueless,because it is a perfect way of paying and human beings will finally fall in love of BTC

[bitfocus]

I would buy a lot and keep them in my wallet for future.

[zarados]

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

keep in mind the law of supply and demand. $ 0.89 cent too far away. With the current price, I think the volume will jump if bitcoin reaches $ 10k again. People will buy it in large quantities, and this will push prices back up. The worst case scenario is that bitcoin is prohibited by all nations that cause bitcoin to be worthless. And that is a risk we must know from the beginning that the price may fall at any time.

[iamTom123]

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 damn 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

You are painting two great scenarios here and both can make me so happy. In case the impossible can be possible -- Bitcoin dropping to as low as 0.89 cents -- then I would immediately spend all of my money (the fiat one) inorder to hoard as much as I can. That would be the grandest day of my life in Bitcoin because I am sure that the price will immediately skyrocket afterwards as there are also like me anywhere in the world who will do the same thing. We don't care if Trump or the Congress of America will declare Bitcoin illegal and if all Bitcoin holders will be killed en mass because the biggest market for Bitcoin is in Asia. The sad thing is that this is just a dream especially for a guy who was not able to buy the Bitcoin he wanted to for lack of money.

Now, into the second scenario. This is what I like more. With Bitcoin getting into the 2.5M USD mark, it would already make me a multi-millionaire in my own home country. I could already buy two house and lots, a farm and start a good business with the money and even have some money left for some charitable works which can make many people happy. Which of these two scenario can come true will depend on many factors and only time can tell what can really be. As for me, I prefer to continue what am doing in the cryptocurrency sphere...who knows my real lady of luck can be found here.

Any other wild scenario you have in mind?