I wonder what would Hodlers do if #Bitcoin crashed to some really low price, like 30k. Would you panic hoard or panic sell?
Discussion
That's not low enough for me to react to at all
If it dropped to 9k I would start hoarding
It crashed to 15k some months ago. I would cry because I don't have enough fiat to buy the dip. Just like back then.
Lick some wounds and start working harder. Didn't pass up the opportunity last time, wouldn't pass it up if it came again.
I would sell everything and stack as hard as possible
Falling to $30k means something is seriously broken with the ETFs now in play and volumes they've been buying. I'd probably need more info.
The green line represents my minimum expectations. The yellow line is my panic threshold. Ultimately, though, my strategy is to DCA as consistently as possible regardless of price. $30K just means more for me. π
