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What is your market crash response? (game)

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This is a totally hypothetical scenario. Please look at it as a simulation game.

To protect private information let's assume that you have 1 BTC at current price (42k), and you have another 50k in your savings account.

Now imagine that you wake up tomorrow and read on the news that crypto market crashed because of [insert any reason]

Below you will see a timeline of events with hidden price action. Don't unhide all spoilers at once, just go from one day to another, and think about your actions after each day. Action can be: I sell X amount of BTC, I buy BTC for X amount, I leverage etc.

Day 1

BTC drops from 42k to 35k.

Day 7

BTC drops from 35k to 28k. A lot of FUD on the news. Bearish moods.

Day 14

BTC rebounces from 28 to 32k.

Day 21

BTC drops from 32k to 17k. Grayscale liquidate the trust. Microstrategy declares bankruptcy. Coinbase and Binance goes under maintenance.

Day 28

BTC drops from 17k to 8k.

Question 1:

Okay, how are you doing so far after one month? Are you still holding? Have you tried to time the market? Maybe you just exited entirely or been liquidated?

Day X

Don't worry, it seems the reason of market crash was not that serious, market recovers in 2025 and price goes back to 42k. The bottom was at 8k.

Question 2:

So we started at 42k and ended at 42k, basically no action means that your portfolio didn't change, what is the situation of your portfolio? Please comment below!

submitted by /u/C-Class_hero_Satoru
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