Buy more.

If it dropped for a good reason then of course buy buy buy as much as I can. Even if it means selling my valuables

Buy 100 BTC right away, I know it would probably not be the wisest thing to do because for Bitcoin to fall that much would mean that something really went bad somewhere and which would in turn mean that buying is not recommended but I don't care if I lose that $100, I want to see 100 BTC in my wallet for once.

I don't think this would ever happen but just to give it a thought, what event could have that much adverse effect on bitcoin price? Chinese miners dumping all of their coins at once?

Yeah truly a nightmare, but most users show interest to buy more as it has got such a big trust that it will grow again.

If, hypothetically, the price of Bitcoin drops to $1 do you think the value of the alt coins will increase? Because all the traders will have lost their investments in the Bitcoin market and they will be buying alt coins instead to try to make up for their negative profit. Do you think my idea is crazy?

Nothing! Life will move on. Yes, I will be very disappointed as I have been saving bitcoin for future and wish to buy something very expensive probably 10 years from today.

Since I have a full time job, so my lifestyle won't be affected, but I won't be able to materialize my plan to add some extra spice in my future life.

Lets hope bitcoin price will rise only. For good!

if that happen,every body lost their minds and try to looking for what causing that proble,bitcoin pirce is important for traders,and also for people who invest bitcoin with hold them/

Buy a load of btc and wait if it ever rasises.

I would sold my house and then buy a shitload of bitcoins cause the price would go up again!