What you'll do when BTC price will go down heavily and fast?

[menoiazei]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

HOLD and buy some more BTC 

[dimonstration]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

HOLD and buy some more BTC 

With more companies having interest in entering the market it’s definitely will have a chance for some increase continuously even it experience some decline in price it will sure to arise again as many already notice it’s use and potential as investment, i doubt the price will decline too low with the hype popular companies and Personalities giving now like Elon musk. Every drop now means accumulation.

[EvAng3l1on]

What else but to make the most of the opportunity to buy more. Because honestly, the sudden rise in the BTC price is practically surprising. In any case, if this is the scenario, it is clear you are really buying. Then, pause, if the price goes up again I might as well exchange it too. Just take the risk. But, it is really better to just continue holding...
In fact, traders usually buy at cheaper prices. Compared to its current value which some can no longer afford. 

[matchi2011]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover.

Taking advantage and play well, if things went back and correction bring bitcoin back from where it's been before, all
the opportunities will be favor to those who are inspiring to invest.

It's tough but you need to take your side, you'll lose your opportunity again if you don't deal with the situation, investors who
believe in this system will continue to buy and take the risk.

[JooBra]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

I choose to hold if bitcoin will suddenly drops and it is also the chance for believers to buy more btc. We can't predict as to where it will heading. For sure it will bounce just like what happen before. Also, many news happening on bitcoin that it is continue growing. Assuming the history will repeat we have an option to take an action on our asset, weather to convert to usdt to be safe our funds or hold until price can recover.

Taking advantage and play well, if things went back and correction indeed take bitcoin from where it's been before, all
the opportunities will be favor those who are inspiring to invest.

It's tough but you need to take side, you'll lose your opportunities again if you don't deal with the situation, investors who
believes this system will continue to buy.

If you don't need money then hodl is the way to go or invest some new project that you think it will do good in near future. Nothing else makes sense for me.

[Evgenklm]

It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.

[redsun114]

The point is to convert to a stable coin before the drop, and if you short it successfully, you can make a nice profit! As I stated in some of my previous comments here, I expect that correction since we passed $20k! Now that sounds funny, but here we are over $40k for some time!
In the last week or more, transaction fees are crazy for Bitcoin and Ethereum, and I think that is a sign that correction is getting closer! It's what happened last time. First fees go higher, and then a nice correction! I am ready for that, and I have dollars ready for buying!

I think last time we actually did managed to get segwit before the drop, so we barely got into a place where the price was 20k but the fee was smaller, of course not for a very long time but on the last days. I could be wrong though, we should check the date of segwit and check the date of ATH in 2017 and see if segwit was available on the last days, even if not we managed to get there just a bit later in early 2018 for sure.

Fees are not always indication that a crash will come, it doesn't mean it won't come neither, I just think it is fully irrelevant and that is why I think it is definitely something we should avoid as much as we can. I know that price has a chance to go down, it is always there and I believe it will eventually happen, not saying it will drop to this price or that price but it will definitely have a good 30% or so drop at least, I just think we have a better chance to recover these days and fee will not be the reason for it.

[pixie85]

It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.

They did invest but don't forget that many people invested much earlier. Some still held coins from 2017 and the higher gain people have the more they want to spend and buy themselves some nice things.

When you're able to buy a house with your profits it doesn't matter if Tesla or anyone else bought, you may want to sell. The situation is going to depend on the number of these people who held through the bear market and have targets for selling on their mind.

[MIner1448]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

When bitcoin drops in price sharply, I will no longer miss this chance, I will immediately buy it as much as possible. After all, I have already missed at least two times its low prices ... But I suspect that this will never happen again. Let's hope for the best.

[SwiftLikeAWind]

I would take all my profits and leave my capital since bitcoin, if it falls it will surely get back up in value even tho theres no definite date on when as time has already proven it.

[k@suy]

I would take all my profits and leave my capital since bitcoin, if it falls it will surely get back up in value even tho theres no definite date on when as time has already proven it.

If ever the Bitcoin market price will go down heavily and fast like what happened way back 2017-2018 i will choose to take also my profits but i will make sure that i would left even a small amount of bitcoin on my hard wallet because i believe that the history repeat itself and it will bounce back like today. It is better to save small amount on it rather than sorry if ever the bitcoin price gets pumped again. And what had happened today was a proof of history repeat itself.

[sniveel]

In this case, there will be atleast two options I will consider to be done once this will happen. Whether I will do nothing or try to hold it for longer period of time or I will going to invest more in bitcoin and wait for it to bounce back again. I would also like to know what other traders' reaction will be if this will happen.

[Fredomago]

It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.

They did invest but don't forget that many people invested much earlier. Some still held coins from 2017 and the higher gain people have the more they want to spend and buy themselves some nice things.

When you're able to buy a house with your profits it doesn't matter if Tesla or anyone else bought, you may want to sell. The situation is going to depend on the number of these people who held through the bear market and have targets for selling on their mind.

Both are correct, no matter who bought it up if you already see your set target then probably you'll going to sell it out and collect all your profits, not even those big institutional investors can influenced the mindset of every investors who invest in much earlier stage, most of them who seen what happened from the past will be more wiser in deciding when to sell out, this is to avoid being so greed and lose the opportunities to get something decent from this huge pump that happened.

In this case, there will be atleast two options I will consider to be done once this will happen. Whether I will do nothing or try to hold it for longer period of time or I will going to invest more in bitcoin and wait for it to bounce back again. I would also like to know what other traders' reaction will be if this will happen.

It's a good strategy if you have good amount of spare money, you can continue buying more assets while others are selling. Wait for the bounce and collect all the profits. Instead of playing catch and go  best to have good sets of plan to achieve your goals.

[Sayeds56]

It seems to me that this will not happen, because many large investors have invested in bitcoin even at the peak of its dynamic growth, and they probably will not allow bitcoin to decline, but still nothing is eternal, and so a prolonged correction is possible.

They did invest but don't forget that many people invested much earlier. Some still held coins from 2017 and the higher gain people have the more they want to spend and buy themselves some nice things.

When you're able to buy a house with your profits it doesn't matter if Tesla or anyone else bought, you may want to sell. The situation is going to depend on the number of these people who held through the bear market and have targets for selling on their mind.

Both are correct, no matter who bought it up if you already see your set target then probably you'll going to sell it out and collect all your profits, not even those big institutional investors can influenced the mindset of every investors who invest in much earlier stage, most of them who seen what happened from the past will be more wiser in deciding when to sell out, this is to avoid being so greed and lose the opportunities to get something decent from this huge pump that happened.

In this case, there will be atleast two options I will consider to be done once this will happen. Whether I will do nothing or try to hold it for longer period of time or I will going to invest more in bitcoin and wait for it to bounce back again. I would also like to know what other traders' reaction will be if this will happen.

It all depends either you are an Investor or Trader. For Investors low price is an opportunity and they take benefits of it ,  provided they are sitting on huge cash. They don't bother if prices goes further down from their buying price because they know it always performs in long term and its history has proved this fact over and over again.

For traders technical signals generated by charts are more important than low price. They always search for  double/triple bottom , crossovers  as well RSI numbers are important for them to make an entry in market. This is how I also trade because we make profits on daily and weekly basis from price volatility with proper risk and money management.

[dre1982]

In this case, there will be atleast two options I will consider to be done once this will happen. Whether I will do nothing or try to hold it for longer period of time or I will going to invest more in bitcoin and wait for it to bounce back again. I would also like to know what other traders' reaction will be if this will happen.

I think a lot of users expected a dump of bitcoin after reaching the milestones as $25k, $30k, $40k and now $50k but it just keeps on rising. Maybe there will be no dip anymore.

[Sayeds56]

In this case, there will be atleast two options I will consider to be done once this will happen. Whether I will do nothing or try to hold it for longer period of time or I will going to invest more in bitcoin and wait for it to bounce back again. I would also like to know what other traders' reaction will be if this will happen.

I think a lot of users expected a dump of bitcoin after reaching the milestones as $25k, $30k, $40k and now $50k but it just keeps on rising. Maybe there will be no dip anymore.

True. Generally Bitcoin Investors/Traders look at current rally in the context of 2017 when Bitcoin was massively dumped after making All Time High at 20K but current Rally is entirely different as it has got massive institutional support as well as adaption of crypto currencies and general public awareness has grown during the past 3 years. Current BTC price is around 55K and continue to increase. Nobody can correctly predict but we should ride this Bus  of opportunity and take advantage.

[Swordsoffreedom]

I don't see the perfect option which is actually fit for me,
Though I think it will never happen cause already very big corporations and investors are started buying BTC, point it, when we are started selling our little amount of Bitcoin, they just started buying a bigger amount at that time. So, they will not gonna sell their share at a cheaper price cause they know well the total supply is limited and they will get a chance to sell it at premium.

But, on the behalf of your asking, if Bitcoin's price will go down heavily and fast for the reason of panic selling then I will put the rest of my remaining funds in it, I don't want to miss the opportunity of buying at deep.

[SirLancelot]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

When bitcoin drops in price sharply, I will no longer miss this chance, I will immediately buy it as much as possible. After all, I have already missed at least two times its low prices ... But I suspect that this will never happen again. Let's hope for the best.

Haha same here but when the prices are falling somehow those articles convince me that I should NOT invest now.

I think this question is rightly asked to those who suppose have invested their everything into bitcoins and what will they do when the market drops sharply and there is no reason like just falling down rapidly. Personally if I was into such situation and the money I have invested into Bitcoins is my only capital, I would be unfortunately be converting my bitcoins into stable coins for the time being until the market stabilizes a bit.

I don't think it is ever going to happen though because now big investors have joined in and they won't let the market go down by much.

[ampere]

assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?

The truth is why should you be in shock because btc is going down heavily; after experiences in 2017-2018; i suppose we all should have learnt that a profit in trade is not a profit until converted to usdt or fiat. So you should take profit from your bitcoin holdings and the whatever happens to the remaining hodling would not bother you at all. trust me.

Always take profit and stop waiting for when the market is bearish to take profit. Take profits in batches.

[Morenod]

it still there so I guess it won't go down