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Topic: Are you scared? - page 2. (Read 824 times)

sr. member
Activity: 658
Merit: 270
September 17, 2021, 03:32:40 PM
Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.

in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened.
Mostly newbies are scared with this all because they have no knowledge and basic things about this, but those are in this market for some time they understand this all is usual business and already happened many times sometime back peoples was really scared with China ban, but now it's all settled even we have many other issues which are now part of this community.

Day by day we are spreading and now bitcoin is on high popularity so just because of this no matter of worry even we have too many bad news and negative things around us now no one can stop this we will go through in very good future with this crypto and bitcoin.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
September 17, 2021, 10:44:27 AM
Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
There is nothing to be scared about. It's not something new to me . We have seen and heard similar stories like this in the past
That's right, don't be afraid and doubtful when you hear the news of FUD, bitcoin is very good for long-term investments. Even though bitcoin and other cryptocurrencies are currently trying to touch their respective highs again, don't be complacent and continue to monitor the development of the sentiment that is present.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
September 16, 2021, 10:50:15 AM
~snip~

We talk about how emotions should be absent from trading and then we ask "are you scared". I am sorry but if you are following the advises here about the emotionless trading than you should be fine, because no ups or downs should take out any emotions out of us, and just because it drops doesn't mean that we should fear it.

Any logical trader would know that even if you end up losing during this period, you should end up not feeling anything and pick from here and start making profit again without worrying about what happened first. I personally do not feel any fear at all right now, I am feeling quite well about the current situation and that is how I listen to emotionless trading advises.
Indeed, right. However, not all have the guts and to keep calm themselves in the situation where they lose their money but instead, they start blaming the market for its volatility. Scared, getting worries it really comes to someone who is not totally prepared and those people who come doubtful and uncertain. We could say that we haven't this feeling it is because we were able to understand the situation and staying the market for how many years we've learned something about this. But for the newbies, that will be their biggest challenge.
sr. member
Activity: 1750
Merit: 293
September 16, 2021, 07:12:52 AM
I'm not scared at all. Because this is totally normal for Bitcoin. It is a volatile cryptocurrency and there will always be a probability for sharp decreases too. This is not a frightening incident for me. Because it has always been like this since it was first released in the market. People should make their investments always considering this.
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 16, 2021, 06:00:04 AM
Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
I've never been afraid of it all. We should not be consumed by FUD news, friends, because FUD news itself is news that is used to scare a certain person or group. Especially if we have crypto assets. rest assured that Panic in the market will always have an end. When the market starts to reverse from red to green, you can start to look at bitcoin and altcoins to collect cheaply. With proper and careful planning, you can really earn money.
member
Activity: 798
Merit: 34
September 16, 2021, 04:10:15 AM
Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
There is nothing to be scared about. It's not something new to me . We have seen and heard similar stories like this in the past
hero member
Activity: 2408
Merit: 584
September 16, 2021, 04:00:48 AM
Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
We talk about how emotions should be absent from trading and then we ask "are you scared". I am sorry but if you are following the advises here about the emotionless trading than you should be fine, because no ups or downs should take out any emotions out of us, and just because it drops doesn't mean that we should fear it.

Any logical trader would know that even if you end up losing during this period, you should end up not feeling anything and pick from here and start making profit again without worrying about what happened first. I personally do not feel any fear at all right now, I am feeling quite well about the current situation and that is how I listen to emotionless trading advises.
full member
Activity: 1008
Merit: 104
September 15, 2021, 11:00:53 AM
Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.

in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened.
Common reactions of people who doesnt know about well about this market or just simply new into this market.They got scared and freak out when see dumps and have FOMO when they do see some rally.
These are common reactions but when someone had experienced some losses then thats the time they do realize on how market works and would really be careful on next time that they would be dealing with.
Being scared is not avoidable because we are really on investment world and its impossible that you would be happy when  you do see losses on your port.
Thing here is that you do learned up from your past mistakes.

t is this FOMO mentality that will be a disease for our trading in the future. Because forever if you don't learn and control FOMO from irresponsible people. So I'm having a hard time seeing the development of his trading portfolio. I am the same, as a human being who will definitely experience an incident where panic is the first condition that is felt when facing a massive bear market.
sr. member
Activity: 1876
Merit: 259
September 15, 2021, 02:07:38 AM
What's there to be afraid of?? don't you know there is a lot of history wanting to drop bitcoin?? look at the reality now bitcoin continues to grow and move forward.
bitcoin isn't something new but it's been more than 10 years dude, don't let yourself be instigated by news that doesn't have a clear reality.
sr. member
Activity: 2226
Merit: 347
September 14, 2021, 04:45:11 PM
There is not a sensible reason for you to get scared, mate. This is totally normal for Bitcoin and the market in general also. Because this market is highly volatile. You should always be ready to witness big dumps also. Of course it makes people scared first they see that movement in the price. But after that, it should come to your mind that Bitcoin will recover sooner or later again. We witnessed much worse levels than this long time ago.
You wouldnt get scared if you do know on what you should gonna do or simply when you do already have the experience which its normal that you would really know on what are the things should be done.
Dealing with this market does have lots of things where you could able to see on which might really affect your investment decisions which would really make you scared on making out steps or actions.
Once you do already have experience and awareness on how this market works and things attached to it then getting scared is already out or cant possibly affect you most of the time.
sr. member
Activity: 1876
Merit: 332
September 14, 2021, 04:13:29 PM
#99
There is not a sensible reason for you to get scared, mate. This is totally normal for Bitcoin and the market in general also. Because this market is highly volatile. You should always be ready to witness big dumps also. Of course it makes people scared first they see that movement in the price. But after that, it should come to your mind that Bitcoin will recover sooner or later again. We witnessed much worse levels than this long time ago.
hero member
Activity: 1680
Merit: 845
September 14, 2021, 03:48:36 PM
#98
The last time I was a teeny bit afraid, I don't mind admitting, was 18 months ago.
The only time I was utterly disappointed was after the 2017 crash. Bitcoin crashed from the $20.000 mark within a few days, it was literally jaw dropping to see the value of my BTC constantly decreasing.

That crash was enough to quit Bitcointalk and crypto in general, only to return back in 2020. It was the only time I was afraid and disappointed at the same time.

Disappointment seems a bit strange, given how much valuation had already expanded from the start of the year. I mean, from below $1000 to five-figure dollar sums? What exactly were you expecting, McAfee's vision to come true in 2017? Wink  In fact, one guy even called it quits when $10k was reached for the first time. Such was their fear that the rise was too much, too fast (tried to find the thread, I even spoke to him, but maybe I'll be more motivated another time).

Fear, I'd understand. I spoke to not a few old-timers (I was fresh-faced at the time, maybe still am, dunno) and even before Bitcoin was heading to 10k, just fresh after ATH, people were saying this was it.They turned out to be wrong, but that clarity took a couple of years at least to arrive for most.
From your point of you, you're right, even after we experienced the 2017's crash, Bitcoin was still at a higher price than it was before. However, it was still depressing seeing your money slowly vanishing. I'm not complaining though, I might had abandoned Bitcoin back then, but luckily I hadn't sold any, till its price skyrocketed in 2021, multiplying my money.
legendary
Activity: 2660
Merit: 1074
September 14, 2021, 02:29:44 PM
#97
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared?Is there any hope for the future?
Being scared of price movements is not a long term investor thing. I do not care about what happens in the next stage, because it could go down or up or do whatever and I am just simply fine. However one thing I am worried about is the fact that crypto adoption is increasing but not in retail.

There are much more governments that look crypto nicely, there are much more companies that invest into crypto, there are much more crypto related companies and startups BUT there are not a lot more places that accept bitcoin as payment. Bitcoin is growing to be considered as an investment, but the currency side of the things is not getting enough attention at all, which scares me a bit.
legendary
Activity: 3248
Merit: 1070
September 14, 2021, 05:41:57 AM
#96
troll will be troll, the only thing that should scare you, is becoming rich when bitcoin reach the next ath, 2024 target
legendary
Activity: 2982
Merit: 1028
September 13, 2021, 04:36:39 PM
#95
4,It is related to El Salvador

I doubt it, News of El salvador Is positive news it would not make sense for the price to drop due to El salvador


It would be ironic which is quite normal in markets.  Buy the rumor sell the news, the reasoning being the gains before the event resemble positive action and often not just this time but predictably the arrival of a positive event can lead to a sell.    But in any case I dont factor 1 country as being large enough to have that much influence on Bitcoin, this particular news was perhaps seen as start of a trend or validation in Bitcoin acceptance but that still doesn't mean that unique price and time point is upwards only.

That's right! With that news, amateur traders think that it will carry the price to rise up, but experienced traders have other things in mind. Buy the rumor sell the news often happened when you are dealing with trading.
You need to focus with long-term effects and not just for the short one, you'll be panic if you do since whales are better in shaking the market, always take your time, balancing the situation, don't rush things out as decision making should always be accompanied by good research and not just by the trending market situation.
STT
legendary
Activity: 4102
Merit: 1454
September 13, 2021, 04:19:40 PM
#94
4,It is related to El Salvador

I doubt it, News of El salvador Is positive news it would not make sense for the price to drop due to El salvador


It would be ironic which is quite normal in markets.  Buy the rumor sell the news, the reasoning being the gains before the event resemble positive action and often not just this time but predictably the arrival of a positive event can lead to a sell.    But in any case I dont factor 1 country as being large enough to have that much influence on Bitcoin, this particular news was perhaps seen as start of a trend or validation in Bitcoin acceptance but that still doesn't mean that unique price and time point is upwards only.
hero member
Activity: 3010
Merit: 666
September 13, 2021, 04:00:26 PM
#93
Scared? Fear?
Newbies mostly had lost themselves once seeing the market got into trouble but for us who knows how these corrections will come, we're seeing this as an opportunity, not a thing to worried about. It is really hard to keep our minds strong and not to think negatively, perhaps I've found this common to anyone who comes doubtful and uncertain.
I'm not scared nor do I feel disappointed with the situation. Sometimes I think this was a market reset and the next pump was more interesting to see as this might be strong pumps leading to another ATH (possible).
hero member
Activity: 2730
Merit: 632
September 13, 2021, 03:43:52 PM
#92
Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.

in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened.
Common reactions of people who doesnt know about well about this market or just simply new into this market.They got scared and freak out when see dumps and have FOMO when they do see some rally.
These are common reactions but when someone had experienced some losses then thats the time they do realize on how market works and would really be careful on next time that they would be dealing with.
Being scared is not avoidable because we are really on investment world and its impossible that you would be happy when  you do see losses on your port.
Thing here is that you do learned up from your past mistakes.
full member
Activity: 1008
Merit: 104
September 13, 2021, 03:34:43 PM
#91
Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.

in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened.
newbie
Activity: 19
Merit: 0
September 13, 2021, 01:25:49 AM
#90
I think you are over generalizing things over here. The dip that people witnessed two days ago was due to the high leverage that people had taken for BTC, and once it reached the 52k mark most of the holders (Whales) sold their BTC, which resulted in the fall of price, which was later accompanied by price corrections. I am not scared, rather excited about the next price level BTC is going to reach in a couple of months!
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