if BTC crashes to $100...

[hilariousandco]

...that would be so awesome.  I'd load up the boat BIGTIME.

Why? What if you buy in then it crashes to $50?

Then you buy more.

People in these forums who are FREAKING OUT forgot the most basic two rules of investing:

1) BUY LOW SELL HIGH
2) DONT INVEST WHAT YOU ARENT WILLING TO LOSE

Assuming you follow these rules, then this is a good time to get INTO BTC not out! The price is low and seems to be going lower. Assuming you are not investing your life savings like a moron, now is a good time to place those limit orders in increasing quantity.

Keep buying more of a failing investment? At what point do you stop and cut your loses? And the people who freak out are just get rich quicksters who start to panic when their dream investment goes sour.

[jparsley]

Buyers would not let it go that low

[EuroTrash]

Meh. When and if it goes to $100 you'll be so depressed that you won't want to buy anymore.

[spazzdla]

Meh. When and if it goes to $100 you'll be so depressed that you won't want to buy anymore.

It's at $400 and I was one of the "suckers" who bought at $1200.  Still not depressed, don't see $100 making me that upset if $350 didn't *shrugs*.

[jonald_fyookball]

...that would be so awesome.  I'd load up the boat BIGTIME.

Why? What if you buy in then it crashes to $50?

Then you buy more.

People in these forums who are FREAKING OUT forgot the most basic two rules of investing:

1) BUY LOW SELL HIGH
2) DONT INVEST WHAT YOU ARENT WILLING TO LOSE

Assuming you follow these rules, then this is a good time to get INTO BTC not out! The price is low and seems to be going lower. Assuming you are not investing your life savings like a moron, now is a good time to place those limit orders in increasing quantity.

Keep buying more of a failing investment? At what point do you stop and cut your loses? And the people who freak out are just get rich quicksters who start to panic when their dream investment goes sour.

That's one the fundamental questions of investing especially when you're using a cost averaging strategy.  its up to each individual investor based on their conviction in the investment, risk tolerance, bankroll, etc.

[jdun]

I'm with the buyers. If it crashes to $100, then I'd buy 5 or 10.
And if it crashes to $10, then I'd buy 50btc.

[Le Happy Merchant]

I remember the threads about this... when people said the same thing about $10.

It won't happen.

[piramida]

I'm with the buyers. If it crashes to $100, then I'd buy 5 or 10.
And if it crashes to $10, then I'd buy 50btc.

and if it goes to $1 then you buy 500, so you have 500 bucks, we get it, thanks for sharing. just remember, when it crashes the other way to 2000, you will only buy 0.25 btc.

[anu]

...that would be so awesome.  I'd load up the boat BIGTIME.

Here is your problem: You won't see $100 because someone else will get in BIGTIME at $101. But it won't work for that someone because someone2 will get in BIGTIME @ $102.....

[GreenDude]

Minimun 250

[chandan123]

good to buy some BTC at that price