What will you do if bitcoin crash?

[shinratensei_]

just keeps reasonable ratio in your investment even if you think your investment are some rare opportunity because thing could always go south, remember that if you could went bankrupt overnight just because your investment vanishing into thin air maybe you invested too much, I understand there are many that have the urge to become rich and just try to invest all of their money but I think that's a mistake since the chance of you getting broke by doing like that also increase, just invest with calculation and determine how much money you need for your basic needs then youre fine. even better if your investments coming from the money that you don't really use like your savings, etc because this will seem more safe for you investments in the long run.

[1714672876]

1714672876

[fadhilz123]

maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion

Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better.

[Ngewex Yuk]

The bitcoin assets that I currently have are around $4837 (current price 1 btc= $27,125) and if bitcoin crashes of course I'm not too regret, and surely we will meet conditions that make us lose patience because bitcoin is worthless, I don't do much with bitcoin, maybe I just put in time nothing more from 3 hours a week for bitcoin so that if one day bitcoin crashes then the life that I live is still normal.

[Swordsoffreedom]

maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion

Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better.

I remember there were a couple of threads before that if bitcoin dropped to $5k or $1k again, what would people do, and most people loudly declared that they would buy as many Bitcoins as possible. But honestly, I doubt those claims, I don't believe many people would have the guts to buy bitcoin at the time. If that happens, it will be a very serious problem, everything will get chaotic, and people will be more scared than the catch of bottoming. If bitcoin crashes to $1k or $5k, I won't rush to buy and will observe more before making a final decision.

[Joshapat]

Of course I hope bitcoin can last for the long term, bitcoin has proven to be a good source of income, and I've been earning since I got to know bitcoin from faucets, giveaways and so on, if bitcoin crashes of course I immediately look for alternative income from the internet, for example becoming YouTubers again or make tik tok videos, those of us who are familiar with the internet, of course, already understand that the internet can be a source of income.

[WatChe]

The bitcoin assets that I currently have are around $4837 (current price 1 btc= $27,125) and if bitcoin crashes of course I'm not too regret, and surely we will meet conditions that make us lose patience because bitcoin is worthless, I don't do much with bitcoin, maybe I just put in time nothing more from 3 hours a week for bitcoin so that if one day bitcoin crashes then the life that I live is still normal.

Putting everything you have in bitcoin is wrong strategy. We need to control emotions as we invest in bitcoin. There are so many stories we hear that people investing in bitcoin by selling there house, jewellery etc. We need to understand that bitcoin has both risk and benefits. You need to invest as much as you can afford to lose.
You are following right strategy by investing a decent money that you can afford to lose. Though I m sure it will only go up.

[OrangeII]

if bitcoin falls, i will still be myself. to be honest, crypto is not the only business I focus on. besides, i never used my main money in investing for bitcoin. Perhaps, the people you are referring to are the ones who sold all their assets and bought bitcoins in hopes of really high prices. it can indeed make us get the maximum profit, however, the risk of this is losing everything. therefore, I prefer to minimize the risk by building another business and not invest all the money I have in bitcoins. so, when bitcoin falls, then I will focus on other business.

[slashz9]

maybe most people will say poor because their assets have decreased in value, but some people may also get wealth from this increase and decrease through trading, but in a broad sense most people are losing money.

[rokok lokal]

I think it's simple to read these conditions in case they happen at any time. In the event of a Bitcoin crash it is important to stay calm and avoid making impulsive decisions. Historically, Bitcoin has experienced periods of significant volatility and has also shown an ability to recover from market downturns. However, there are no guarantees in investing, and it is important to have a diversified portfolio to mitigate risk.

If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.

[BITCOIN4X]

I think it's simple to read these conditions in case they happen at any time. In the event of a Bitcoin crash it is important to stay calm and avoid making impulsive decisions. Historically, Bitcoin has experienced periods of significant volatility and has also shown an ability to recover from market downturns. However, there are no guarantees in investing, and it is important to have a diversified portfolio to mitigate risk.

If you invest in Bitcoin and experience a crash, it may be wise to review your investment strategy and assess whether any adjustments are needed. This could include re-evaluating your risk tolerance, adjusting your portfolio allocation, or taking a long-term perspective rather than reacting to short-term market fluctuations.

Most of what you say is true, but I believe many traders or investors can understand it as simply as you say. The panic that occurs in the market is not only caused by inexperienced beginners, but many experienced people will panic and avoid many losses due to price corrections.

I think that crypto investment losses are not only due to wrong strategy, but also because the market trend that turned bearish has triggered panic selling which in turn touched the cute loss limit for many traders. This causes traders to accept losses, but if you do not trade or just keep your assets in separate wallet, losses due to volatility can be minimized even if the portfolio value has decreased.

Re: What will you do if bitcoin crash?

Hold and invest more even if you have to do DCA.

[Stable090]

You are right, lots of people have there life savings on bitcoin, some people depend on only bitcoin for survival which is very wrong, incase if bitcoin goes to zero most of those people will be going to start from scratch again, we shouldn’t leave all our funds in bitcoin or we shouldn’t sell our properties just to invest in bitcoin, we should invest any amount we can afford to lose.

[GiftedMAN]

maybe when bitcoin crashes I will buy more bitcoin at a discounted price when else to buy bitcoin at a higher price I'm sure bitcoin will give me a very big profit this is just my opinion

Some people still say this when Bitcoin is experiencing an increase in price like now, but not many people dare to buy Bitcoin when the price is dropping in the market. I don't deny that you too will be afraid to buy Bitcoin when the price is cheap, but I only see some people who don't immediately have the courage to buy Bitcoin when the price continues to decline. Now no more stories like that because Bitcoin is getting a very good pump so the increase in its price continues to look better.

I still don't know why some persons would be thinking about Bitcoin crashing. Why on earth would I pray for Bitcoin to crash when I know that the fall of Bitcoin will affects the entire crypto market and that can make things goes upside down. The market is volatile and move very fast so trading in the market would need us to have experience about the market and what possible direction the market would likely move to. Bitcoin controls the market and if it crash make traders that had been in the market for long would make severe loses if they don't have a stop lose.

[inthelongrun]

If bitcoin will crash I will remain in the middle, not rich and not that poor. But seriously, why not give some reasons as to the possibility of bitcoin crashing? And what is that Barazar platform? Was it an investment platform or an exchange like FTX? Whatever happens to them is not bitcoin's fault. Bitcoin already crashed during the FTX crash and then the price went up again establishing another higher high in this still bearish season. Long-term investors should just keep their bitcoins away from centralized exchanges to avoid the risk of losing.

[soramon]

It not really affect me because i dont have any asset on bitcoin/cryptocurrency. I think everyone now we should not invest on one basket if something like that happen we not losing so much. Also, there are some people will use that situation to buy more.

[ringgo96]

Currently there are indeed very many people who are tempted by the value of Bitcoin and they want to feel the benefits of Bitcoin as has been felt by investors who have long known Bitcoin, if you want to invest in Bitcoin using the money from the sale of assets that we have, of course this is a big mistake, because the value of Bitcoin is always changing then the risk is very large, So to invest in Bitcoin just use money that we have not used for other things such as savings or other assets and which we use only as a way to reduce risk if things we do not want to happen, such as the value of Bitcoin falling but we do not fall into poverty.

[WillyAp]

Currently there are indeed very many people who are tempted by the value of Bitcoin and they want to feel the benefits of Bitcoin as has been felt by investors who have long known Bitcoin,

Diversification is the trick.

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.

I doubt that most people were that reckless.

[Dr.Bitcoin_Strange]

With past events that have happened, I assume people are more knowledgeable about their investments and fund management these days. There is a popular saying, "Never carry your eggs in one basket". 

I don't have all my money on Bitcoin, I have other little investments somewhere, I have my business and I am also an employee. If anything happens to Bitcoin, it means one source of my income has closed, so I have to focus on another, but offcus I will feel bad. Who loses their investment and feels happy? IMO, people don't need to only have Bitcoin as their source of income. It is not right to only have your hope in one thing so that when things go wrong, you always have a plan B.

[pergola]

Lower the price to some extent the price will bounce back up. Bitcoin increases in value cyclically and the latter bottom is always higher than the previous one. Bitcoin was born to save the banking and financial system and fight against the monetary policy, so don't worry too much after every drop.
What is reasonable will exist, what exists will be reasonable. Bitcoin already exists and scales bigger so rest assured about that.

[DaNNy001]

You are right, lots of people have there life savings on bitcoin, some people depend on only bitcoin for survival which is very wrong, incase if bitcoin goes to zero most of those people will be going to start from scratch again, we shouldn’t leave all our funds in bitcoin or we shouldn’t sell our properties just to invest in bitcoin, we should invest any amount we can afford to lose.

Well I won't say am shocked to hear people planning ahead to whether bitcoin will crash or not. Well am not a pro in the crypto ecosystem but I have heard my fair share of experience which I boldly say bitcoin won't be crashing anytime soon cause the whole concept of bitcoin staying alive and is based on  the use of it by people in the world so its adorption by world population is what gives it more strength in staying alive as the number currency and I feel there is nothing like investing more than you loose. Bitcoin is here to stay and not crashing anytime soon or ever so a massive or little investment is always welcome.

[naikturun]

when bitcoin goes down, people who invest in crypto will be affected, because bitcoin is like the king and is related to altcoins.
that's why investing with all your total money seems risky or for those who already know it, they will accept the consequences.