What will you do if bitcoin crash?

[QuinielaPosible]

If bitcoin crashed i would rapidly move on to the next thing and keep building

[1715221839]

1715221839

[1715221839]

1715221839

[Cling18]

If that happens, I will still stand firm and try my luck with other investments but knowing Bitcoin, I know for sure that it will not crash as others think. It has been through different market cycles and has been through lots of challenges so it will not fall that easy. For now, my focus is to buy and invest more Bitcoin while I'm still capable because I still want to grab the profitable chance of earning when the bull market happens.

[so98nn]

If bitcoin is crashing in terms of value just like bear or something then I would go and buy more at discounted prices. Move most of the bitcoin in a cold storage and forget about them until next bull run comes by. If bitcoin crash continues further the bought range then I will buy more so that can I start doing dollar cost averaging and shifting my BEP to far lower rates to keep my portfolio in the positive side.

However, if you are saying bitcoin crash in a sense where its gonna go off, then definitely I will sell my bitcoins until time persist. But I would imagine by that time there wont be any "buyer" since it will be useless to buy bitcoin if it is gone. In that case I would just watch my bitcoins, my miners and ledger. I might just put them in showcase so that my grand children can ask about it in the future. 

[White pawn]

If bitcoin crashed i would rapidly move on to the next thing and keep building

Yeah, that seems like a good move. Move on to the next thing and if that next thing crashes also, I bet you would then move on to the next best big thing. Then when you’re all out of funds, you would then realize that the next thing you keep moving to could also fail and crash.
If you so rapidly move on to the next thing, I would advise you take it slow and easy. The next big thing could very well turn out to be a scam and would help themselves to all or most of your money.

[Bushdark]

If that happens, I will still stand firm and try my luck with other investments but knowing Bitcoin, I know for sure that it will not crash as others think. It has been through different market cycles and has been through lots of challenges so it will not fall that easy. For now, my focus is to buy and invest more Bitcoin while I'm still capable because I still want to grab the profitable chance of earning when the bull market happens.

It is not today Bitcoin had been crashing so I am already used to Bitcoin crash and it will not affect me if it happens again. The market is full of surprises so if I see thiw kind of thing happening I know we are already used to it. It will be the newbies that are not that used to the system that would be disappointed with fears to sell there holdings. Cryptocurrency is very volatile and we need to be prepared for the worse and if the worse does not happen then the other way will be the case. Let's keep doing what works for us so that we can get what we want.

[molsewid]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

If it happens, my life will still the same, working too hard in corpo and don't have investments. Right now I only have small amount of Bitcoins because I am budgeting my salary, other people already posted this kind of question online in different social media, but i will not believe that bitcoin will gone as well as other cryptocurrency, many people still call it scam if it crashes and gone it can bring them joy at last.

[Yamifoud]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

That person has a fate in Bitcoin. He believes that investing in Bitcoin gives him more profit rather than running a business but such kind of decision is not a smart decision for me ( and could be the others). I'd see a huge sacrifice on his part, he actually can afford to lose a huge amount but we're not sure as well if this is the only business he had or if there is another owned business that is why he is not afraid to sell them for the sake of Bitcoin investment.

If Bitcoin will crash today? Then many will lose their money...but no regrets because I was already prepared for such a thing if ever it happens.

[Issa56]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

If Bitcoin crash, I will still be holding my bitcoin, the only thing that will crash is the price and the bitcoin am holding will still remain the same. You said a man in your area invested in BARAZAR? actually I don't really know what it's all about but it might be a ponzi scheme, you don't have to compare those investments with bitcoin investment. Bitcoin have faced lots of challenges previously, by now bitcoin should have been dead, but the only thing that do happen is crash in price and bitcoin is always bouncing back hardly, so even bitcoin crashes just hold it will bounce back.

[serjent05]

If bitcoin is crashing in terms of value just like bear or something then I would go and buy more at discounted prices. Move most of the bitcoin in a cold storage and forget about them until next bull run comes by. If bitcoin crash continues further the bought range then I will buy more so that can I start doing dollar cost averaging and shifting my BEP to far lower rates to keep my portfolio in the positive side.

I would do the same if it is just another part of the Bitcoin cycle but if Bitcoin is crashing for good to he point of worthlessness, the I think I will be selling at a lost than end up bagholding worthless coins.  Though it looks like it is impossible to happen today but cryptocurrency market is crazy so we better be prepared for it.

There is no point of holding worthless coins so better cash out and move on.

[blockman]

If it happens, my life will still the same, working too hard in corpo and don't have investments. Right now I only have small amount of Bitcoins because I am budgeting my salary, other people already posted this kind of question online in different social media,

The same as me, I'll just continue working in the corporate world but this time it's no longer the same as before that I've got no investments. I've got some investments that I've managed to earn and establish through my profits in bitcoin and probably it will make my life easier as it generates some profit enough to cover some of my bills.

but i will not believe that bitcoin will gone as well as other cryptocurrency, many people still call it scam if it crashes and gone it can bring them joy at last.

It's here to stay and it won't be gone just now in an instant. It's like the blue-chip stocks that we've got in the stock market.

[capedbaldy]

If Bitcoin crash, I will still be holding my bitcoin, the only thing that will crash is the price and the bitcoin am holding will still remain the same. You said a man in your area invested in BARAZAR? actually I don't really know what it's all about but it might be a ponzi scheme, you don't have to compare those investments with bitcoin investment. Bitcoin have faced lots of challenges previously, by now bitcoin should have been dead, but the only thing that do happen is crash in price and bitcoin is always bouncing back hardly, so even bitcoin crashes just hold it will bounce back.

Comparing bitcoin with investment scam is very imprecise, I didn't know BARAZAR before and maybe it's a ponzi scheme investment because he wanted instant profit that's why he sold the house to invest in BARAZAR, last year many people lost because of investment for trading robots and they suffered big losses . Bitcoin has existed for more than 14 years without any fraud accusations so don't attribute external factors to the scam project, because bitcoin investment is much better than other investments.

[fadhilz123]

If bitcoin crashed i would rapidly move on to the next thing and keep building

The question is, why do you have to move on to the next thing too quickly because in general you yourself also don't know whether there will be an advantage in the next thing or you will also experience the same thing as now. My advice is don't move too quickly and judge something very badly when you haven't made a profit or something like that on Bitcoin, because when you want profits on Bitcoin, you also have to be able to hold it very patiently and well.

[goinmerry]

If that happens, I will still stand firm and try my luck with other investments but knowing Bitcoin, I know for sure that it will not crash as others think. It has been through different market cycles and has been through lots of challenges so it will not fall that easy. For now, my focus is to buy and invest more Bitcoin while I'm still capable because I still want to grab the profitable chance of earning when the bull market happens.

Bitcoin crash won't also happen in a just blink of an eye. It surely goes with a process and lots of resistance will be breached first before the actual big crash. I also don't see any reason why bitcoin should crash to the point that it will go no value.

A global pandemic already happened where we experienced a once-in-a-lifetime economic crash to the bottom but cryptocurrency, especially Bitcoin, remains standing strong and in fact, even shows bullish activity during the pandemic.

Just trust Bitcoin and forget this stuff about the total crash.

[BRINIRHA]

My investment in Bitcoin does not reach 10% of my total wealth assets. so if that happens then I think it won't affect me much. I only invest from the money that I set aside from my business profits. because I know that investing in bitcoin is a high risk and high potential investment. so I have to be prepared with all kinds of possibilities.

but I have another thought that is if the price of bitcoin falls drastically. I might actually buy in bulk.

[Fredomago]

If bitcoin is crashing in terms of value just like bear or something then I would go and buy more at discounted prices. Move most of the bitcoin in a cold storage and forget about them until next bull run comes by. If bitcoin crash continues further the bought range then I will buy more so that can I start doing dollar cost averaging and shifting my BEP to far lower rates to keep my portfolio in the positive side.

I would do the same if it is just another part of the Bitcoin cycle but if Bitcoin is crashing for good to he point of worthlessness, the I think I will be selling at a lost than end up bagholding worthless coins.  Though it looks like it is impossible to happen today but cryptocurrency market is crazy so we better be prepared for it.

There is no point of holding worthless coins so better cash out and move on.

It's far now from worrying about major collapse that will put Bitcoin to worthless asset, though we can't conclude but just assume to what would be the possibilities, if it's still part of the cycle then buying is the appropriate thing to do while if there's a big reason/influence that Bitcoin will completely collapse then selling is your way to move forward.

There's no sense in keeping something that has already been concluded as a failed investment.

It's on you to decide if how you analyze the situation and how will you react to any possible next market movement.

[rojan]

Bitcoin gives you good return but there are some risks also associated with Bitcoin investment. As an investor I must be ready for both gain and loss. We cant predict about future but the point where bitcoin is standing at the moment tells the story that its very much mature now. If you are investing in Bitcoin then first thing you need to do is overcome the fear that bitcoin will cease to exist in future. If you have this fear with you then better not to invest in bitcoin.

I think it is never right to invest out of fear. If you invest in Bitcoin and wait, then you can make a lot of money. If an investor ever loses his sense of investment, it will be very difficult to make a profit.  There will be a possibility of losing money in the environment. So before investing, you have to think about profit and loss and then invest after that. Then the investor can make a profit by trading.

[The Sceptical Chymist]

Most people on the platform have submitted all their life savings to bitcoin investment.

I seriously doubt that's true, not even for the members who've been here for years.

And if you've been into crypto for a while, you'll know that crashes have happened before--and really big ones at that--and they'll happen again.  Me?  If bitcoin were to crash to $1k today, I'd sit back and watch the drama unfold.  That's because I've seen what the market has done and could do without warning, and I don't have what little wealth I've accumulated all in btc. 

That would be an extremely risky thing to do, even if you're young.  These people who've gone all-in on bitcoin are a little bit nutty if you ask me.

[Mauser]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?

I don't think it's a good idea to always value bitcoins based on the current market price. At least for me bitcoin is a longterm investment and I don't feel like my personal net worth is changing daily with the bitcoin price. For some investors it might be different, they are looking for the short term profit and would sell their coins during a crash. Only after selling your coins you will realise a gain or loss from the trade and your bankroll will change. In my opinion it's better to sit out a crash and wait for prices to recover instead of panic selling. Crypto currencies move in cycles and we should worry less about price changes.

[nurilham]

If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage.

I have no problem during the bearish season or during the Bitcoin crash. I am not a person who invests all the money/wealth in Bitcoin, I think it is the wrong idea. In my understanding, we only invest the amount of money that we can afford to lose. So, even if our Bitcoin investment fails or difficult to achieve the expected profits, it won't impact our financial.

Anyway, the man who sold his house for Bitcoin is crazy, it is untrue. Unless he has many houses, it is okay to sell one of the houses for Bitcoin investment.

[tiCeR]

If bitcoin is crashing in terms of value just like bear or something then I would go and buy more at discounted prices. Move most of the bitcoin in a cold storage and forget about them until next bull run comes by. If bitcoin crash continues further the bought range then I will buy more so that can I start doing dollar cost averaging and shifting my BEP to far lower rates to keep my portfolio in the positive side.

However, if you are saying bitcoin crash in a sense where its gonna go off, then definitely I will sell my bitcoins until time persist. But I would imagine by that time there wont be any "buyer" since it will be useless to buy bitcoin if it is gone. In that case I would just watch my bitcoins, my miners and ledger. I might just put them in showcase so that my grand children can ask about it in the future. 

Bitcoin will stay a topic no matter what.

If it crashes, it is the price that might hurt us all who are holding onto it, but the discussion it entails will stay. Bitcoin is a creation we all need to be thinking about in the back of ours heads. Decentralized, global money. Is that something we can let go off? No, even the youngest of the youngest ask what Bitcoin is about.