Bitcoin drop february 17

The phrase 'hope for the best, plan for the worst' seems appropriate here, where regardless of how much you think Bitcoin will crash or go back up, consider your options if the opposite happens. What to do When Bitcoin drop february 17 Price Crashes? If you don't use stop losses, don't put all your money in crypto.

Where used, we will disclose this and make no attempt to hide it. Look at historical crashes, work out how much you would have lost due to them. Bitcoin drop february 17 guide will go through things to do before and during what people refer to as Bitcoin price 'crashes'.

If you've just lost a lot of money on Bitcoin or an altcoin. Click here for more information on these. Try and work out if it was because of FOMO, or if it was a legitimate reason. This guide is provided for general informational purposes only.

Look at historical crashes, work out how much you would have lost due to them. Where used, we will disclose this and make no attempt to hide it. Most altcoins tend to be tied to Bitcoin's price, so when Bitcoin crashes most altcoins will too.

Look through some altcoins you believe in, and if they've crashed harder than Bitcoin, consider buying some of them with your Bitcoin. This means if you're right, you'd keep your Bitcoin; but if you're wrong, your Bitcoin position will be closed to prevent further losses. Bitcoin drop february 17 you're reading this too late and you've already suffered massive losses, see this thread.