Survey: At What Price would you stop investing more money into Bitcoin ???

[HardFacts]

However, I have huge faith in Bitcoin and I know that it will never fail us. It may reach a low price but it will never lose its value.

HUGE RED FLAG HERE 🧧🧧🧧🧧   People that make statements like you see above are not thinking rationally or intelligently, and almost always wrong...

I may disagree with someone on an issue, but if they come up with intelligent facts and logic, I will always consider that they might be correct.  I never stop learning or close my mind the possibility of being wrong.  I have seen more intelligent analysis of Bitcoin price from you guys than I expected, that is awesome   👍👍👍👍  But when someone makes a statement like you see above, that is the equivalent of a someone brainwashed in a cult, and total fool that will ignore anything that gets in the way of what they want to believe 🙈🙈🙈🙈

Hard Facts

[Gotumoot]

I will never stop buying bitcoin, and I will continue to buy bitcoin until its price reaches 0.01 $.
I need to do this to show my support for bitcoin. Since we are the ones to dedicate what bitcoin will be for in the future,

[HardFacts]

I will never stop buying bitcoin, and I will continue to buy bitcoin until its price reaches 0.01 $.
I need to do this to show my support for bitcoin. Since we are the ones to dedicate what bitcoin will be for in the future,

Sure, even I could buy a bunch of bitcoin at $ 0.01 and not care what happens...

I know some people will always show their support for bitcoin, which is exactly why I asked where people would stop investing SIGNIFICANT amounts of money into additional bitcoin, money they could not afford to write off or lose...



Hard Facts

[xiboothrezi]

Basically, the benchmark is based on chart analysis, not based on a certain price without a clear basis. No matter how low the price, if there is no opportunity and good hope to go up, it is useless, and vice versa, if the chart shows a positive development then use that opportunity well.

[CarnagexD]

At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin   I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.

I am NOT asking if you believe Bitcoin will go down to these prices !!!    I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. .  OK we understand that  😁     BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment.   Think it over carefully and give us your best, most honest answer.

@HardFacts you’ll be surprised but people will put their life savings in bitcoins if it touches $0.01 again, because unlike other assets bitcoin cannot be manipulated and controlled. When I say this I do acknowledge that few whales can effect bitcoin prices, but that’s only temporarily in the long run due to its strong fundamentals it always bounces back.

That is what most of the people will do if the price will reach again on that level but that thing is not really possible as of now. With what the crypto scene has now? there is no another contender for a variable that can contribute to economic growth like cryptocurrency. This is also why countries like Germany started to adopt the use of it and integrated with banks.

Hence i would never stop investing in bitcoins even if it touches $0.01, rather I would put everything I have because I would yet believe it could bounce back and generate good returns for me.

Although that's impossible to reach bitcoin that low even at  $100 it will hit again and soar up to million that's for sure unless there will be a coin that would replace bitcoin. What do you think of that?

[fullhdpixel]

For me, it all depends. If the market looks like there is a chance it's still going to get back on top then I might continue to invest. But judging from the current situation of the market, I would say that I will stop investing in Bitcoin if the price drops to around $1000. And another thing I check is the price I invested at - if my list is getting much then I have to sell my assets and stop adding more to it.

And of course you're right – anyone who is an investor is supposed to have a target, like where they call it a stop, and that should be determined by how much risk you can afford to take.

[HardFacts]

For me, it all depends. If the market looks like there is a chance it's still going to get back on top then I might continue to invest. But judging from the current situation of the market, I would say that I will stop investing in Bitcoin if the price drops to around $1000. And another thing I check is the price I invested at - if my list is getting much then I have to sell my assets and stop adding more to it.

And of course you're right – anyone who is an investor is supposed to have a target, like where they call it a stop, and that should be determined by how much risk you can afford to take.

This seems very reasonable...   If I had a reason to believe Bitcoin was gong up by a significant amount, I would absolutely buy a bunch of it.   The same goes for the downside, if I believed evidence indicated Bitcoin was going to fall, I would sell rather than ride it down and lose a bunch of money.

What is utter stupidity are those that " Believe " that Bitcoin price is going to the moon, and refuse to consider any evidence that to not support their beliefs.   Those kind of people have never been right, and usually end up very bad off throughout history...

Hard Facts

[Youghoor]

First and foremost, you need to understand that cryptocurrency or bitcoin investment to be precise is really not for everyone and also not for people who don't really understand and knowledge the basic necessities for investing in any crypto coin. The price of Bitcoin shouldn't the reason why anyone will stop investing into Bitcoin. People should be more concern about the trading and market volume of Bitcoin within 24hrs or a week. The trading volume and market volume of Bitcoin gives you the investor knowledge on the progress of the entire bitcoin ecosystem and market. The price represents the value of the crypto coin rather than the progress of the entire market of that particular crypto coin.

[barabarian1]

I will stop buying bitcoin. if the price of bitcoin falls to $ 100. the current price of bitcoin is $ 7300 if in the future then the value of bitcoin drops to $ 100 then I think bitcoin has crashed and surely most of the bitcoin holders have sold their coins. and this will make the price of bitcoin fall even more impossible. but hopefully this situation never happens I always pray that the price of bitcoin has increased.

[retnoanjani]

At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin    I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.

I am NOT asking if you believe Bitcoin will go down to these prices !!!    I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. .  OK we understand that  😁     BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment.   Think it over carefully and give us your best, most honest answer.

It cannot be forced there must be a minimum or maximum limit because it really depends on the investment strategy, time frame, and desired period (long or short term investment).
Some use the DCA (Dollar Cost Averaging) strategy whereby buying bitcoin or other assets with the same nominal in a certain period (for example every month) without regard to the price for that month. If the price goes down, it means that you can buy more BTC, if the price goes up it will get less BTC. This method can be used to reduce market risk without relying on price movement trends. It's also effective to save time predicting and monitoring prices over time.

[adaseb]

I would say I would stop maybe if it broke the low of 2018 which is around $3100 or so. If it went to $2500 and a few weeks or months after it stayed above $3100 then I would be fine but if the $3000 area doesn't hold and $2500 area doesn't hold then many people will just bail and it might hit triple digits again and there will be very little confidence then because going from $20000 to $500 is over a 97% loss and many would just consider it too "penny stock-ish" to invest again.

However I don't expect $3xxx anytime, ever. I think the 200 WMA will hold which is currently around $4950 or so, and this WMA always provided good support and always bounced. I think down there is when you should be buying as much as you can because it has the best scenario of working out.

With alts like ETH, I think if it goes back to the $10 area then they will be in trouble because of the 51% hashrate attack risk and leaving many investors frustrated since it would be a 99% loss which would really hurt the coin.

[Eugenar]

This is not really the best way to say this, but for me, investors will not stop putting money to an asset where they could get the most out of it. Meaning to say that as long as the market is profitable then let us take all the opportunity possible to invest and to put money without limitations. I doubt there are people who control their investment at a certain amount. But for me, what you can control is the amount of investment you could invest not the amount of your total investment already been invested.

[red4slash]

This is not really the best way to say this, but for me, investors will not stop putting money to an asset where they could get the most out of it. Meaning to say that as long as the market is profitable then let us take all the opportunity possible to invest and to put money without limitations. I doubt there are people who control their investment at a certain amount. But for me, what you can control is the amount of investment you could invest not the amount of your total investment already been invested.

as long as the market is still profitable there will still be people who put in their funds to invest or trade with their funds. but for me there may be time to stop entering funds, to see the movement or to take a little break to invest

[HardFacts]

Some use the DCA (Dollar Cost Averaging) strategy whereby buying bitcoin or other assets with the same nominal in a certain period (for example every month) without regard to the price for that month. If the price goes down, it means that you can buy more BTC, if the price goes up it will get less BTC. This method can be used to reduce market risk without relying on price movement trends. It's also effective to save time predicting and monitoring prices over time.

You can have HUGE LOSSES by using DCA if the price is on a downtrend...  It only works in a general uptrend in prices.

If you invested using DCA in WorldCom,  you would have poured more and more money into every dip, and continually lost money right up to the point where it went to ZERO and you lost everything  🤣🤣🤣🤣

People like to ignore facts that do not fit what they want to believe.

Hard Facts

[pawanjain]

At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin   I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.

I am NOT asking if you believe Bitcoin will go down to these prices !!!    I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. .  OK we understand that  😁     BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment.   Think it over carefully and give us your best, most honest answer.

@HardFacts you’ll be surprised but people will put their life savings in bitcoins if it touches $0.01 again, because unlike other assets bitcoin cannot be manipulated and controlled. When I say this I do acknowledge that few whales can effect bitcoin prices, but that’s only temporarily in the long run due to its strong fundamentals it always bounces back. Hence i would never stop investing in bitcoins even if it touches $0.01, rather I would put everything I have because I would yet believe it could bounce back and generate good returns for me.

Put everything you have?
Man if the price really goes to $0.01 it means the whales are exiting the race. It does meant that the price will be dirt cheap but it will also create a panic in the market.
The chances for it to grow up again would really be slim since people will lose faith in bitcoin.
I would consider investing few hundreds of dollars in bitcoin but not everything I have. I may have invested a few thousands if I earned that much though.

[HardFacts]

Put everything you have?
Man if the price really goes to $0.01 it means the whales are exiting the race. It does meant that the price will be dirt cheap but it will also create a panic in the market.
The chances for it to grow up again would really be slim since people will lose faith in bitcoin.
I would consider investing few hundreds of dollars in bitcoin but not everything I have. I may have invested a few thousands if I earned that much though.

EXACTLY MY POINT:    The only value Bicoin has is what some greater fool will pay you for it.   Once this market psychology changes, you will see the price of bitcoin collapse, and it will have ZERO value beyond a novelty.   If someone else will not buy your bitcoin, it is USELESS  🎈🎈🎈🎈

Hard Facts

[figmentofmyass]

the last time i invested money into bitcoin was in 2013, in the triple digits.

if i didn't have any BTC holdings/income, and if i had more disposable investment capital, i would be buying now though. the potential upside is just huge from here in these early adopter days. it'll keep being an attractive speculative investment until mass adoption has already occurred.

The only value Bicoin has is what some greater fool will pay you for it.

the same thing applies to all forms of money. heck, you've basically stated the subjective theory of value.

[th3nolo]

As an investor, I would not stop buying until fundamentals change and Bitcoin really stops being bitcoin, in terms of trading 2800$ is a point where many investment funds would capitulate, if they are able to hold billions down to that price, surely I will be able too.

[Zionatin]

I said 1k but I think I will always put more money into bitcoin since it is a better way to pay and I enjoy it. It would just go up again. It won't keep going down down down if people use it so this is unrealistic.
Otherwise, I will always turn my fiat into bitcoin and then buy with bitcoins.

Put everything you have?
Man if the price really goes to $0.01 it means the whales are exiting the race. It does meant that the price will be dirt cheap but it will also create a panic in the market.
The chances for it to grow up again would really be slim since people will lose faith in bitcoin.
I would consider investing few hundreds of dollars in bitcoin but not everything I have. I may have invested a few thousands if I earned that much though.

EXACTLY MY POINT:    The only value Bicoin has is what some greater fool will pay you for it.   Once this market psychology changes, you will see the price of bitcoin collapse, and it will have ZERO value beyond a novelty.   If someone else will not buy your bitcoin, it is USELESS  🎈🎈🎈🎈

Hard Facts

So why are you here? You must be the biggest fool of them all. You talking shit too, please stop.

[DevilSlayer]

My answer depends on the market condition. Of course I will let go all my positions if the price of the bitcoin will crashed again. If the market will began look healthy again then I will add more positions. Most of the traders are having tough challenge when it comes when to buy and when to sell. They are just buying and selling because the price looks like cheap and expensive and that kind of strategy is really a shit. It is better to know the technical analysis because it is the foundation when it comes to understanding the chart.