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Topic: Are you scared? - page 3. (Read 851 times)

legendary
Activity: 3010
Merit: 3724
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September 12, 2021, 11:25:27 AM
#89
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.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
September 12, 2021, 08:54:04 AM
#88
I am really surprised when I woke up to see that the price of Bitcoin has plummeted to a very low price. First of all I notice on the day that El Salvador Officially adopted Bitcoin, The price went down despite the hype on social media. I even saw a group that was organized for people to buy about $30 worth of Bitcoin to support El Salvador as  they adopted Bitcoin as their legal tender. Even at all that the price kept going down. So it was really a surprise to me.

Now, another news that I’ve been seen as a recent is that they say protest in El Salvador because of the Bitcoin that was adopted by the country. Even before then there has been a protest by people to stop the adoption of Bitcoin as a legal tender in the country, and the decrease now has also led to another protest which we don't know what  it will result to.
hero member
Activity: 3192
Merit: 939
September 12, 2021, 06:20:56 AM
#87
The Bitcoin price rises and drops by 20,30 or 50% every now and then.Only the newbies are scared by this.
This is called price volatility.Are you surprised?If you are witnessing Bitcoin price volatility for the first time,then welcome to the world of Bitcoin,such price behavior is normal. Grin
The factors mentioned on your list don't have any significant impact over the Bitcoin price.
Even if they do,this price influence will be only short term.Such fake news and gossips can cause small price dumps.
Are you deliberately spreading FUD with this forum thread,or you are just a confused Bitcoin newbie?



MiF
sr. member
Activity: 1442
Merit: 258
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September 12, 2021, 06:15:25 AM
#86
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?
Being scared will not help us earn in fact it can make us loss, we always need to think positive so that we can hold strong, being scared and negative thinking will push us to sell our holdings and end up losing.Most of the people who has a strong hands to hold their coin really earn and we can put basis the Bitcoin and ethereum.The people who buy a huge amount of btc and ethereum last 2018 and hold they are now millionaire and that's the power of holdings.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 12, 2021, 05:45:43 AM
#85
Let others being scared, we can't hold them, somehow. I'm not considering this as an unusual event that it is because not all have the courage to take risks and much more not all have the courage to hold themself against negative.

Those who come positive will stay positive but those who come doubtful, they'll certainly live doubtfully. Ain't that scared with the fake news but I was scared if I miss this opportunity while the others did. It is something it works differently and there might more scary facts in the future that could push these people to be more scared.
hero member
Activity: 1778
Merit: 907
September 12, 2021, 04:51:34 AM
#84
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?
If about bitcoin, i think only matter of time until bull run come and maybe can close to last peak again. For holding big coins, usually i am not scared because what i see about bitcoin price since i first jumped into crypto, already get multiplied a lot. That is why i never lose my hope for bitcoin especially more event that come following with next halving in only a years again.

People need to realize that bitcoin is strong crypto so they should never get afraid if dump will came and its pretty normal since correction always happen in the market that's why they shouldn't dump if market crash happen but instead they should accumulate to recover back and also to earn huge when bull run came. Also the only thing we trust are the top coins and never believe on the shit who always said about hold for long future since this is the word they used to hype up their project and scam their investors.
There are quite a few economists, politicians and so on, people of influence in general, who are against Bitcoin and cryptocurrencies. A quick look back in the 2017's crash will be enough, there were articles all over the internet claiming it to be the end of Bitcoin, with quite a few economists mentioning that it's a Ponzi scheme that quickly died.

The exact same incident also happened a few months ago, when the price crashed below the $30.000 mark, way back in March.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 11, 2021, 07:00:31 PM
#83
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

Are you scared?

No

Is there any hope for the future?

man the price is at $45000 it's not the end of the world, you can't forget until a few months ago the price was at 32000$ and no one panicked, Why the  would panic at $45000?


sr. member
Activity: 1876
Merit: 318
September 11, 2021, 06:26:55 PM
#82
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's nothing to be scared of mate, those crap news has nothing to do with cryptocurrency since we're separated from the stated that doesn't make sense at all. Everytime there's good happening with Bitcoin, suddenly these news articles and other negative propagandas will cause an outburst. Basically we're like playing games here, if you're about to go with their traps then you're the loser.

We must be able to control our emotions when investing in crypto, don't panic and be afraid of negative news that appears. I agree we shouldn't be
easily influenced by FUD circulating, it's just a trap spread by cryptocurrency haters. No matter how bad the market conditions, we must believe
crypto has a very bright future. So keep holding the potential coins that we have. In the end, only those who are patient can benefit from their patience.
sr. member
Activity: 1484
Merit: 277
September 11, 2021, 06:10:47 PM
#81
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's nothing to be scared of mate, those crap news has nothing to do with cryptocurrency since we're separated from the stated that doesn't make sense at all. Everytime there's good happening with Bitcoin, suddenly these news articles and other negative propagandas will cause an outburst. Basically we're like playing games here, if you're about to go with their traps then you're the loser.
legendary
Activity: 2758
Merit: 1228
September 11, 2021, 05:56:01 PM
#80
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?
If about bitcoin, i think only matter of time until bull run come and maybe can close to last peak again. For holding big coins, usually i am not scared because what i see about bitcoin price since i first jumped into crypto, already get multiplied a lot. That is why i never lose my hope for bitcoin especially more event that come following with next halving in only a years again.

People need to realize that bitcoin is strong crypto so they should never get afraid if dump will came and its pretty normal since correction always happen in the market that's why they shouldn't dump if market crash happen but instead they should accumulate to recover back and also to earn huge when bull run came. Also the only thing we trust are the top coins and never believe on the shit who always said about hold for long future since this is the word they used to hype up their project and scam their investors.
full member
Activity: 1303
Merit: 128
September 11, 2021, 05:44:34 PM
#79
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?
It's ok to be scared, this is normal to human nature but if you're scared, better to make your own research and convinced yourself that you can actually win in this market, you just need to do your best. There's no certain in this market, the price can go up and down easily so be ready for that risk and always invest the money that you can actually afford to lose.
sr. member
Activity: 1666
Merit: 426
September 11, 2021, 04:01:31 PM
#78
Not in the slightest. Bitcoin and most established cryptocurrencies in the market, actually even those who have only been in the market for a while eats these kinds of dump for breakfast and lives to tell the tale. not even a week after and we see most coins are already on their way to recovery, so there's no actual bearing if there's any that this dump had incurred to the crypto space besides some panic and weakhands pulling their investments out prematurely, which almost always happens anyway so I don't think this dump is any different from the previous ones we experienced, and thus no need for me to fear.
Honestly I have been crypto way too long to feel any fear at all. I have seen this coin in 3 digits, so 5 digits are still fine for me, even if drops to 10k because that is what it was like just a year ago or so. People are overreacting, we reached to point where we were like a week or 10 days ago, how could we feel too much fear if we didn't buy in the last 10 days?

Everyone acting like bitcoin is at a price where it has never been before or haven't been in a long time. However reality is that we are in a place where we are doing fine right now. Remember we were at 30k levels only a month or two ago, so we are actually 50% in profit if we only bought a few months ago, that's gotta count for something.
Either we got so confident about bitcoin's ability to bounce back higher than its downfall price and previous price or we just got so desensitized from the hundreds of hate and negative speculations "experts" give out every time bitcoin is to experience a drought season. Then again whatever that is, it has made us into better investors and a patient one at that which not only would help us bag more money in the future, but could also translate to other real-life skills, especially in decision-making.
sr. member
Activity: 2296
Merit: 360
September 11, 2021, 04:00:25 PM
#77
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?
On the time you had step your foot into this market specially on dealing with your investment with Bitcoin then you should really be having that balls of steel which you wont easily freak out or panic
whenever you do see these kind of corrections or dumps which is really just a typical thing that do really happen into this market.SEntiments or news are quite relevant though but not all the times
that the market is really making some reaction towards it this is why its either it would react or not which makes someone will not really be having an assurance whenever they do make out
some analysis thats why you should expect the unexpected.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
September 11, 2021, 03:36:12 PM
#76
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?
If about bitcoin, i think only matter of time until bull run come and maybe can close to last peak again. For holding big coins, usually i am not scared because what i see about bitcoin price since i first jumped into crypto, already get multiplied a lot. That is why i never lose my hope for bitcoin especially more event that come following with next halving in only a years again.
legendary
Activity: 2086
Merit: 1058
September 11, 2021, 03:16:50 PM
#75
Honestly I have been crypto way too long to feel any fear at all. I have seen this coin in 3 digits, so 5 digits are still fine for me, even if drops to 10k because that is what it was like just a year ago or so. People are overreacting, we reached to point where we were like a week or 10 days ago, how could we feel too much fear if we didn't buy in the last 10 days?

Everyone acting like bitcoin is at a price where it has never been before or haven't been in a long time. However reality is that we are in a place where we are doing fine right now. Remember we were at 30k levels only a month or two ago, so we are actually 50% in profit if we only bought a few months ago, that's gotta count for something.
hero member
Activity: 1778
Merit: 907
September 11, 2021, 12:20:53 PM
#74
Fear is not appropriate especially as its just a fallback from a long sequence of green weekly bars, that constant positive gain is unusual and just for balance a pullback in price is quite normal.   I expected we were at the top of positive sentiment because it matched that pattern just on the graph without checking any news.
  I find news alot harder to decipher then a graph and regular set of figures that require paying for vs opinions often political nonsense.

The last time I was a teeny bit afraid, I don't mind admitting, was 18 months ago. Guess I was not the only one. Fear did not last long though, and the crapload of bargain coins I got then was a nice salve just half a year later.

Not sure what to feel now but am ready to sit and do nothing for a long, long time, so even if we do end up fizzling out it doesn't change my long term outlook.

Horizon is dull now, honestly. Keep waiting for pandemic figures to reveal themselves for real. Economic stress is palpable. Just simmering on the surface. Might do a lot for Bitcoin. Or nothing at all.
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.
sr. member
Activity: 1119
Merit: 206
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September 11, 2021, 11:13:10 AM
#73
I'm never afraid when the price of bitcoin drops because I'm used to it and have been a crypto asset trader for a long time, this kind of thing is normal. You must remain disciplined in conducting personal analysis, always remembering your original goals and strategies. Since FUD and FOMO are often the cause of someone following in the footsteps of others, this can certainly take away discipline and lead to losses.
sr. member
Activity: 2156
Merit: 323
September 11, 2021, 11:04:13 AM
#72
It's not necessary to be scared. It's true that some people are f**king dumb. This makes no sense at all when we've seen this several times before within an uptrend? Massive drops in February, March, and April didn't stop it from reaching its ATH. Stop panicking, you'd rather hold it or buy it back at the lowest price. Once you realize just how amazing the market is, you won't care even if it goes back to 10k.
Just enjoy the ride!
legendary
Activity: 3010
Merit: 3724
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September 11, 2021, 11:02:13 AM
#71
Fear is not appropriate especially as its just a fallback from a long sequence of green weekly bars, that constant positive gain is unusual and just for balance a pullback in price is quite normal.   I expected we were at the top of positive sentiment because it matched that pattern just on the graph without checking any news.
  I find news alot harder to decipher then a graph and regular set of figures that require paying for vs opinions often political nonsense.

The last time I was a teeny bit afraid, I don't mind admitting, was 18 months ago. Guess I was not the only one. Fear did not last long though, and the crapload of bargain coins I got then was a nice salve just half a year later.

Not sure what to feel now but am ready to sit and do nothing for a long, long time, so even if we do end up fizzling out it doesn't change my long term outlook.

Horizon is dull now, honestly. Keep waiting for pandemic figures to reveal themselves for real. Economic stress is palpable. Just simmering on the surface. Might do a lot for Bitcoin. Or nothing at all.
hero member
Activity: 1302
Merit: 503
September 11, 2021, 10:11:09 AM
#70
why do you need to be scared ?  i am even happy to see btc go down because i can buy at low prices.  any factor that causes btc to go down might help investors or traders to own bitcoin at a lower price.  I see this as a moment for bitcoin to correct and rise in price significantly.
- Not as fun as you think when except for bitcoin, our wallet also contains a lot of altcoins and it's scary just looking and the altcoin report is falling, price slippage is happening more than 30% at least, Bitcoin is really clever at wooing such allies and the big trouble in the future is the delay in recovery, many allies abandoned for several years and fear ingrained in my feelings. What's more obnoxious is that bitcoin is still jumping around after such times, fortunately we have the capital to buy more but unfortunately the capital is too little when pushing too much into altcoins
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