Of course, the decline in the price of Bitcoin made me and a number of traders afraid or panicked because this affected the crypto assets owned.
Well, can you afford to not trade for awhile because you're panicking? If yes then you can probably pause or take a break for awhile so you can collect your thoughts and be at youe best when you start again. For me, I don't have any fear since I am a hodler and I plan to be a diamond hands when it comes to hodling and at the same time, I try to accumulate as much bitcoin along the way. 
Topic: Are you scared？ - page 4. (Read 851 times)
Of course, the decline in the price of Bitcoin made me and a number of traders afraid or panicked because this affected the crypto assets owned.
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 have been in cryptocurrencies for a while this sudden drop in the price isn't a new thing thus I wouldn't panic because this isn't the first I will witness such occurrence and will be the last, however a newbie might not withstand it because of fear ultimately will sell off their portfolio in a loss, experienced crypto investors will always capitalize on any price drop and stock up, buy and hodl, it is a big opportunity to fill out bag again based on the fact that history repeats itself. 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?
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Are you scared？Is there any hope for the future?
I think almost all long-time crypto users, will not care about news like this. I agree that almost every day there is FUD news about such things, and only weak people who are new to crypto would panic when they see such news. actually, if we look at the development of bitcoin since 2013, the price continues to rise even though there are so many FUDs, even some countries and companies reject bitcoin or crypto, are now again trying to take advantage of opportunities to be able to profit from cryptocurrencies. So far, my assets are still intact, even since the dump of the $60k price tag. Talking about the future opportunities, the chances of seeing a high bitcoin price are still very high. Are you scared？Is there any hope for the future?
don't be afraid mate. when bitcoin goes down that's an opportunity to buy bitcoins at low prices and large quantities. prepare your free money to go to bitcoin and manage the best for bitcoin in order to get profit. The drop is a correction, so don't worry about it.
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?
Sorry but how many times we have seen multiple negative news ? regulation? suing ? banning? what more are we need to see before finally accepting that all this are part of the game in any investment for.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 must be negative news to see which or whom the weal investors and whom are the strongest.
we also knew that in the end of everything price will always come back hyping?
just forget being scary , admit that this is the reason why we all are here , the momentum and the chances .
I AM NOT SCARED , NEVER !!!!!
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.
I find news alot harder to decipher then a graph and regular set of figures that require paying for vs opinions often political nonsense.
man if a 55% dip scares you, well you are in for a rough time.
so just strap in, get used to it and enjoy the ride.
so just strap in, get used to it and enjoy the ride.
Why would I be scared? This crash happens very often for the past decade, I am already immune to what's happening right now and I believe in bitcoin and it's appreciating properties so if I just hodl enough, I will probably see myself getting rewarded in a just manner.
I never noticed any kind of important dump the past few weeks, even if there were, they were quite insignificant. It's all part of the game, prices constantly fluctuate, but history has proven us that eventually, Bitcoin, (and the whole market) recovered.
Let's also keep in mind that Bitcoin went below $30.000 a few months ago, and people were all over the news that it's the end of the market and all sorts of misinformation and FUD. Fast-forward a few months later, it has recovered significantly, after achieving a somewhat steady growth.
There's no reason exactly why we should get scared with what is happening now. For me, the events are just normal and if bitcoin price has dumped a little, but that's just temporarily. Now bitcoin has increased again so hopefully, it will continue going up.Let's also keep in mind that Bitcoin went below $30.000 a few months ago, and people were all over the news that it's the end of the market and all sorts of misinformation and FUD. Fast-forward a few months later, it has recovered significantly, after achieving a somewhat steady growth.
I understand there are still a lot of FUDS coming our way but there's no way it can stop bitcoin from going up. There might be price corrections but let's not consider it as a threat because we know exactly that price fluctuations won't stop as long as the market remains to be very volatile.
On the other hand, the exact opposite of what happened to me, is possible too, but with careful management and patience, you can easily overcome any market crashes.
Yes
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.
true, the fluctuating price of bitcoin will certainly continue to move up and down depending on the current market conditions, and even this decline that is happening now is nothing new for us, because in 2018 even bitcoin experienced a more severe decline than now this is in my opinion, as a person who believes in bitcoin, of course this is a great opportunity for us to buy bitcoin at a cheap price, and of course with strong bitcoin fundamentals, of course it is very likely that the price of bitcoin will rise again later.
what's there to be afraid of ? doesn't the price movement continue to improve even though there are some declines at certain times but it has been proven that the price of bitcoin is able to do much better and it has been proven this year. i think if people have known bitcoin for more than 3 years there is no fear for themselves after seeing a lot of bear market and also bull market will come after.
there is no permanent reason for the fear even if the fear is embedded in oneself it is self-defeating either in trading or investing.
there is no permanent reason for the fear even if the fear is embedded in oneself it is self-defeating either in trading or investing.
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.
You should probably take a long hard look at yourself if you got spooked by this "dump".
It's barely a blip in the big picture.
Price action is still very bullish in the long run and there is virtually no change in the fundamentals. If you are a true long term believer of bitcoin then you should not have reacted at all and just held onto your position. This was just a long squeeze that was due to occur due to overleveraging.
It's barely a blip in the big picture.
Price action is still very bullish in the long run and there is virtually no change in the fundamentals. If you are a true long term believer of bitcoin then you should not have reacted at all and just held onto your position. This was just a long squeeze that was due to occur due to overleveraging.
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 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?
This is power..of some crypto chains.. they will have an effect when bitcoin is dumb or pump.. although alt coins may only have a slight impact but with the many nodes they have, every increase and even decrease will be felt... The art of an financial assets
No need to be scared, after all a true Bitcoin holder doesn't deserve to be scared, hope is always there, Bitcoin is still one of the good hopes to promise profits that are able to overcome many obstacles in the middle way. If you still believe in Bitcoin, don't be scared, Bitcoin is still in high popularity, this decline's phase is not a threat but an opportunity for a new entry.
There nothing to be afraid of my friend, many times bitcoin has experienced hard times, but bitcoin is able to prove itself as one of the best coins this world has ever seen.
The bad news circulating caused a dump in the bitcoin market, of course this makes some people speculate bitcoin will continue to decline, but as has happened before bitcoin is always able to rise to the point of making some people regret that they missed the boat.
The bad news circulating caused a dump in the bitcoin market, of course this makes some people speculate bitcoin will continue to decline, but as has happened before bitcoin is always able to rise to the point of making some people regret that they missed the boat.
Bitcoin has been falling every time but bounces again with higher highs. How will this be scary for you?
Exactly, the right term here is 'resiliency', for those who are old timers here, or at least have witnessed the bubble in 2017 just like me, bitcoin will bounce back even higher from the previous lows.
You will be luckier to have coins today as savings than living on the streets later on. So don't get scared with just that correction, early March 2020 was the worse dip. If you have experienced March 2020 or in 2018 when it dips from 20K to $3K, nothing will ever scare you this time.
That's one good example that I'm saying, from $3k in March 2020 due to pandemic to all time high of $64k, so that's a huge gain if you have that tough mentally last year to just hold and continue to accumulate sat. So with that said, no one should be scared, but instead look for long term goal and just be patience.
Bitcoin has been falling every time but bounces again with higher highs. How will this be scary for you?
You will be luckier to have coins today as savings than living on the streets later on. So don't get scared with just that correction, early March 2020 was the worse dip. If you have experienced March 2020 or in 2018 when it dips from 20K to $3K, nothing will ever scare you this time.
You will be luckier to have coins today as savings than living on the streets later on. So don't get scared with just that correction, early March 2020 was the worse dip. If you have experienced March 2020 or in 2018 when it dips from 20K to $3K, nothing will ever scare you this time.
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