What will you do if bitcoin crash?

[lizarder]

No one is able to avoid the process of correction or recovery in bitcoin, rising and falling prices are processes that we will encounter in the market, for some people who are familiar with bitcoin, rising and falling prices are natural because of fluctuations. So stay calm and don't worry about this problem, because the power of bitcoin has been proven to be able to recover prices in following cycles.

The concept of bitcoin runs by itself and decentralization is a way of working that makes it more dominant, starting from the utilization of investments to maintaining the value of the investment you make.

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[erep]

No one is able to avoid the process of correction or recovery in bitcoin, rising and falling prices are processes that we will encounter in the market, for some people who are familiar with bitcoin, rising and falling prices are natural because of fluctuations. So stay calm and don't worry about this problem, because the power of bitcoin has been proven to be able to recover prices in following cycles.

Everyone already knows the pattern of fluctuations in the crypto market, so price fluctuations will never be stable at a certain price in the long term, so there's nothing to worry about market price movements because crypto market movements won't really fall even in bullish periods, we just had a bearish season last year and this year will be the start of a recovery and we are poised to hit a bullish high.

[Inwestour]

No one is able to avoid the process of correction or recovery in bitcoin, rising and falling prices are processes that we will encounter in the market, for some people who are familiar with bitcoin, rising and falling prices are natural because of fluctuations. So stay calm and don't worry about this problem, because the power of bitcoin has been proven to be able to recover prices in following cycles.

The concept of bitcoin runs by itself and decentralization is a way of working that makes it more dominant, starting from the utilization of investments to maintaining the value of the investment you make.

At least it has always been like this before this time, the movement of bitcoin has always been cyclical and we are used to it, so everyone is waiting for the cycles to repeat further. But we still don’t know how long all this can be permanent, the cryptocurrency market is still very young, we are only on the initial path of its development.

I probably would not be scared if something affected bitcoin so that it would crash, it would be something like a covid dump for me, but this is something that has already happened before.

[capedbaldy]

I probably would not be scared if something affected bitcoin so that it would crash, it would be something like a covid dump for me, but this is something that has already happened before.

Many people have missed the low price moment in the past few days as a result of bitcoin has crashed at $19k and now the price has recovered significantly, if bitcoin will crash in the next cycle then many investors will add assets because many predict that this year will be bullish even though there are some corrective movements because the price of bitcoin has not stabilized to reach high prices.

[alastantiger]

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?

Hypothetically speaking, If bitcoin crashes today, I will be sad for one minute and the next minute,  will go on with my day. I will have no single iota of worry because I have played my cards right. The most important being that I diversified my investment- real estate, precious metals etc. Besides, as long as it is not human life that has crashed, where there is life there is hope and for those who will be affected just like we saw with the case of SBF, it will  only take a while and people will recover and get back on their feet. Humans are so resilient and the human spirit is unbreakable.

[sulendra12]

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.

If people does think and actually do that(I'd assume most people out there do that for "bigger" return), I can only say I'm really sad to hear that.

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?

What is Barazar? If it's some kind of altcoins, then comparing to Bitcoin is just really misleading because it's completely different.
If you are dealing with Bitcoin as the investment, then you should be aware about what happen in the future especially the worst case possible for example if the price is dumped to the ground.

Just please, invest with money that you can afford. Even if it's small, it's much better than using your life savings into something volatile.

[ichsan ardi]

maybe my strategy when bitcoin crashes I will collect as much money as possible to buy bitcoin at a discounted price when else to buy bitcoin very cheap.

[bestcoins1]

Many people have missed the low price moment in the past few days as a result of bitcoin has crashed at $19k and now the price has recovered significantly, if bitcoin will crash in the next cycle then many investors will add assets because many predict that this year will be bullish even though there are some corrective movements because the price of bitcoin has not stabilized to reach high prices.

I still want to see another increase in Bitcoin this month to a higher price than now, because the price of Bitcoin is now not too far from $ 30K and I believe that will be achieved if the buying power can continue to increase again this month and nothing more next big correction in the near future in Bitcoin.

An increase in the price of Bitcoin sometimes also occurs due to several influences such as the incident that happened to the central bank so that investors and bank customers no longer put their money into the bank, but they trust more to put it into Bitcoin. And if in the following days there are more investors who will put their money into Bitcoin again, the increase in Bitcoin price will be much more significant than now.

[Twentyonepaylots]

No one is able to avoid the process of correction or recovery in bitcoin, rising and falling prices are processes that we will encounter in the market, for some people who are familiar with bitcoin, rising and falling prices are natural because of fluctuations. So stay calm and don't worry about this problem, because the power of bitcoin has been proven to be able to recover prices in following cycles.

The concept of bitcoin runs by itself and decentralization is a way of working that makes it more dominant, starting from the utilization of investments to maintaining the value of the investment you make.

I agree with this, we have seen how bitcoin manage to soar a high price then eventually crash to its current value. I think this is normal since cryptocurrencies are known to be volatile, so if ever the price crashes, you just have to assess why is it happening. Since, at the first place, you should be employing the rule to yourself that any money that you invest in cryptos are those money you should afford to lose. Crashes won't really affects you rather it would be a great opportunity to buy since bitcoin is known to recover from this crashes. So, it would all boils down to how great you plan your finances since if you don't put all your money in investing bitcoin, it won't be a problem when this happens.

[speedy963]

No one is able to avoid the process of correction or recovery in bitcoin, rising and falling prices are processes that we will encounter in the market, for some people who are familiar with bitcoin, rising and falling prices are natural because of fluctuations. So stay calm and don't worry about this problem, because the power of bitcoin has been proven to be able to recover prices in following cycles.

The concept of bitcoin runs by itself and decentralization is a way of working that makes it more dominant, starting from the utilization of investments to maintaining the value of the investment you make.

At least it has always been like this before this time, the movement of bitcoin has always been cyclical and we are used to it, so everyone is waiting for the cycles to repeat further. But we still don’t know how long all this can be permanent, the cryptocurrency market is still very young, we are only on the initial path of its development.

I probably would not be scared if something affected bitcoin so that it would crash, it would be something like a covid dump for me, but this is something that has already happened before.

As long as there are people who believe on the existence of bitcoin, it wont crash that badly, not unless there is something big that will happen that heavily involves bitcoin on a negative scale, that's the time we will some big crash. I am also not worried about bitcoin crashing due to previous events that happened so far that only made bitcoin more stronger.

Even if as of now, there are only few countries who happen to legally tenderize bitcoin, it is still on the early stages in development and there will be more to come in the near future. We could already feel the slight changes and slow but steady adaptation of bitcoin from various fields in our economy.

[Retainly_Collie]

First of all, when the BTC crash occurs, it means that we will not need to care about the assets invested with them, sometimes comfort comes rather than burden the investment.
I think then I will be the same, life goes on, but what is around us is for us to observe.

However, let's get rid of this negative thought, and instead it will benefit people's lives, and we believers will always accompany and support.

[|MINER|]

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?

Firstly I don't think that it will ever happen. Bitcoin should not be thought of as all other alt-coins. Those who come to the market swell up and then crash . And investment in cryptocurrency is always risky, those who invest here should keep this in mind. So even if you are going to invest, you must invest keeping in mind that you should invest as much as you can afford to lose. And if I speak for myself, I will say that if I lose the amount of funds that I have invested in bitcoin or cryptocurrency, it will be a loss, but it will not be like sitting on the road.

[ilovealtcoins]

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?

Firstly I don't think that it will ever happen. Bitcoin should not be thought of as all other alt-coins. Those who come to the market swell up and then crash . And investment in cryptocurrency is always risky, those who invest here should keep this in mind. So even if you are going to invest, you must invest keeping in mind that you should invest as much as you can afford to lose. And if I speak for myself, I will say that if I lose the amount of funds that I have invested in bitcoin or cryptocurrency, it will be a loss, but it will not be like sitting on the road.

We are bitcoin investors, so obviously no one wants it to crash. But no one can predict the future, and bitcoin is still a risky asset, so it's important to have a backup plan should that happen. If bitcoin crashes, I will also be quite sad and lose quite a lot of wealth, but given the profit, it gives me, it is totally worth the trade-off. I hope it doesn't crash, but I've always prepared for the worst.

[Kodok Bencot]

The thing we have to understand is that many things will end, there will be a time when bitcoin will die or be abandoned, at this time there is no bitcoin weakness or has been found, but we don't know if there are professors who can find weaknesses and make programs that read private keys so that bitcoin doesn't will be useful again, of course there are many things we can do even though bitcoin is worthless, namely returning to the real world.

[jokers10]

Well I won't say am shocked to hear people planning ahead to whether bitcoin will crash or not.
...

Well, even if it is unlikely that bitcoin will crash any soon it is still not impossible. In theory there can be some bug in the code which is not found yet, or there could be a breakthrough on computing machines development which will unexpectedly give an opportunity to brute-force hack of bitcoin, or something else. Of course I'm nearly sure that nothing like that will not happen suddenly and programmers will be prepared to all like that in advance, but a very small probability stays always. So IMO it is okay to think what to do if something very unlikely will happen, but of course we should not pay too much attention to that.

[ancafe]

The thing we have to understand is that many things will end, there will be a time when bitcoin will die or be abandoned

No one knows for sure when bitcoin will die and that's not what we expect, I mean a product that has gone through hard times like bitcoin, usually will be able to survive in the market and that strength has been proven by bitcoin.

at this time there is no bitcoin weakness or has been found, but we don't know if there are professors who can find weaknesses and make programs that read private keys so that bitcoin doesn't will be useful again, of course there are many things we can do even though bitcoin is worthless, namely returning to the real world.

How do you mean finding weaknesses in private keys can render bitcoins useless. Today in many parts of the world there are many professors and scientists who have skills in anything, is what you're talking about happening now? and in my opinion this is nonsense.

Precisely what I think what if the whole world can't access the internet for a long time, maybe this factor makes more sense and will wreak havoc on bitcoin trading on exchanges.

[Wildwest]

It all depends on all of us, for me not all assets that we have today must store in the form of bitcoin, because we do not know how the journey of bitcoin in the future although it is likely to continue to grow but we also have to be careful so that when bitcoin falls we do not feel the loss of all the assets we have, if there are people who sell houses then invest in bitcoin of course this is the wrong way, Because the risk of investing in Bitcoin is very large, so there are many other ways we can do to invest without having to sell our residence, which is now an asset that we must have.

[coinerer]

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 always like to make investments with proper calculations.  So I will never invest all my money in just one thing that if it somehow crashes or destroys I may lose a lot or I may be completely poor. I invest 5% of all my money in Bitcoin and other crypto coins.  So if Bitcoin has a big crash for some reason, I won't lose much or I won't be out at all.  I always invest in multiple things like land, bank bond, physical business, crypto, stock market etc.  So I'm not too worried that Bitcoin will crash and I might lose a lot. This is my investment strategy and i am satisfied with that and i am not worried too much for my investment

[DevilSlayer]

Remember that cash is king whenever a market crashed happen, the price movement of the bitcoin is becoming good in these past days and the chances of crash is really really small but let's say there's a crash happen because there's always uncertainty in the market. 1st of all, I'll be not be affected big time because I have stop losses and good risk management. I predefine my risks so I'll only lose small amount of my capital if crash happen. During the crash, I'll not get position because it is like catching a falling knives, remember that there are a lot of fear, panic and many negative emotion during crash so the volatility will be crazy. The best thing to do is to watch where you will convert all of your asset in to USDT or any other stable coins. If the volatility becomes normal, start acquiring but remember to create a solid plan regarding where will you make an entry, cut loss, and of course how much usd will you put in that trade or investment.

[Pejoh Asu]

Of course we understand that changes will always occur, let alone the rapid development of technology, I'm sure bitcoin will never last for a long time, maybe there will be a better system and can replace bitcoin, if bitcoin crashes of course I will follow the developments that are happening , just like before bitcoin appeared I always used paypal to receive or send money.