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Topic: Are you scared? - page 5. (Read 824 times)

hero member
Activity: 3010
Merit: 629
September 09, 2021, 07:37:44 PM
#49
Bitcoin is stronger than before and overcome many issues, and even some countries has banned the use of btc (and other crypto as well) it doesnt affect bitcoin to the point the price drastically drop, although it has of course an impact. Thus if you believe bitcoin has something more to offer and to look forward then there's nothing to be afraid of.

The price is high volatile so its understandable to experience a roller coaster ride, just be used it. Dont mind the current price especially if you're holding for long term. This situation is also one of the reason why its a must that we have knowledge of what we're getting into to be aware of what's happening.
sr. member
Activity: 504
Merit: 250
September 09, 2021, 06:37:54 PM
#48
Hell no.

This shouldn't be a concern whatsoever to long term holders. People are way too overreactive to these things.

The short term noise is going to be continuously there, there's no doubt about it. But regulators have been trying to shut bitcoin down for years now with no avail due to the decentralization, why would they succeed now?
legendary
Activity: 2758
Merit: 1228
September 09, 2021, 06:36:40 PM
#47
I am not surprised at all by seeing this dump of little decrease in price. Smiley Because I have seen when btc went from $20k to $3k. This dump is really xD if I compare with the 2017-2018 dump. So just think it is normal in crypto and don't panic also don't invest in shit coins. Because it's very sure Bitcoin will recover and rise more sooner or later but the max shit coins can not recover if they dump by following the trend of bitcoin.
normal day in crypto office to see the fall even more wild than the previous one ... -50% it was a normal day .. that is why crypto labeled as a high risk investment.. you can never predict really sure on how tomorrow could be brighter or even darker to see the market bear trends formed or vice versa.

manage you risk that is the key .
This is what newbies need to understand that they cannot expect to much on it about cryptocurrency, we need to research and practice on how to execute our plans towards investing on it also we need to learn on how to manage the risk as you said so that we cannot encounter heavy lose for a single movement of the market also we can recover back together if the bitcoin price recover.

But what's really cool on the current happening these year Bitcoin is stronger ever than before.
legendary
Activity: 2674
Merit: 1048
September 09, 2021, 06:31:58 PM
#46
I am not surprised at all by seeing this dump of little decrease in price. Smiley Because I have seen when btc went from $20k to $3k. This dump is really xD if I compare with the 2017-2018 dump. So just think it is normal in crypto and don't panic also don't invest in shit coins. Because it's very sure Bitcoin will recover and rise more sooner or later but the max shit coins can not recover if they dump by following the trend of bitcoin.
normal day in crypto office to see the fall even more wild than the previous one ... -50% it was a normal day .. that is why crypto labeled as a high risk investment.. you can never predict really sure on how tomorrow could be brighter or even darker to see the market bear trends formed or vice versa.

manage you risk that is the key .
sr. member
Activity: 2226
Merit: 347
September 09, 2021, 06:31:29 PM
#45
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 this current scenario, I am still strong despite of the news related with regulations or serious matters involving significant person like El Salvador. However, this was still a part of strategic plans driven by group of investors who wanted to take down bitcoin in the first place. FUD, FOMO and several deceptive tactics was our greatest enemy here, because since bitcoin started to plummet under $20k those discouragement already came and kept trying manipulate us. So it's all up us, being scared is our choice now.

Whatever the scenario that causes Bitcoin to fall, we should have nothing to fear. Because no matter how deep the price of Bitcoin falls, it will
always recover again. We can learn from the history of Bitcoin movement. So we can be more convincing ourselves not to panic and be afraid of
the decline in Bitcoin prices. We just need to be patient, if we see the price of Bitcoin go down.
Nothing to fear is something really hard to avoid because even experienced or veteran members of this community do still feel the same thing but totally different scale.
We do have emotion and we dont want to lose money and its just right that you would really make out reactions and getting scared but if you already get used into this
market then you would find out that we should be calm and finding out ways or strategies for us to take advantage of the dump and make out some accumulation instead.
full member
Activity: 1190
Merit: 117
September 09, 2021, 06:05:55 PM
#44
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 this current scenario, I am still strong despite of the news related with regulations or serious matters involving significant person like El Salvador. However, this was still a part of strategic plans driven by group of investors who wanted to take down bitcoin in the first place. FUD, FOMO and several deceptive tactics was our greatest enemy here, because since bitcoin started to plummet under $20k those discouragement already came and kept trying manipulate us. So it's all up us, being scared is our choice now.

Whatever the scenario that causes Bitcoin to fall, we should have nothing to fear. Because no matter how deep the price of Bitcoin falls, it will
always recover again. We can learn from the history of Bitcoin movement. So we can be more convincing ourselves not to panic and be afraid of
the decline in Bitcoin prices. We just need to be patient, if we see the price of Bitcoin go down.
sr. member
Activity: 868
Merit: 256
September 09, 2021, 05:53:23 PM
#43
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 this current scenario, I am still strong despite of the news related with regulations or serious matters involving significant person like El Salvador. However, this was still a part of strategic plans driven by group of investors who wanted to take down bitcoin in the first place. FUD, FOMO and several deceptive tactics was our greatest enemy here, because since bitcoin started to plummet under $20k those discouragement already came and kept trying manipulate us. So it's all up us, being scared is our choice now.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 09, 2021, 04:41:38 PM
#42
There were four reasons for the fall on September 7th:

4,It is related to El Salvador
This is the only one I take to have caused Bitcoin to plummet. I mean, how do you give so much freebies to people and don't expect most of them to dump it. Remember that whatsoever that isn't earned through hard work is easily lost, and that's the same thing that happened with the El Salvadorians. In school I was taught a basic law of demand and supply in relation to price setting. There were surplus sell orders and a few buy orders and that caused most buyers to reduce their ask prices, causing sellers to adjust sell orders to the downside.

Are you scared?Is there any hope for the future?
On the flip side, I see the dump as part of the long awaited price correction of Bitcoin. Nothing to be worried about. It's normal and now we expect another push to bring us a new ATH.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
September 09, 2021, 04:32:26 PM
#41
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.

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.
hero member
Activity: 1680
Merit: 845
September 09, 2021, 04:18:59 PM
#40
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.
sr. member
Activity: 1036
Merit: 250
September 09, 2021, 03:33:48 PM
#39
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?
As you yourself noted, such falls occur constantly, but also constantly the price returns to its previous heights. If you decide to invest, you should not be afraid but analyze.
legendary
Activity: 3122
Merit: 1140
September 09, 2021, 03:25:14 PM
#38
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?
$46,320

price at the moment and this is something cant be called a dump and rather these are just simple price swings or ordinary days and theres no such thing that news or sentiments could
always give out market movements precisely but somewhat these are the things where people do make it indicative for them to make a move.

Scared? If you havent prepared yourself for the worst then you would be commonly have this kind of  feeling.
full member
Activity: 1008
Merit: 104
September 09, 2021, 03:23:32 PM
#37
Lately, there has been a lot of speculation saying that after the price fell, they did a bull trap as if it would give the price going up again. But as long as it's above $45K and above I'm still pretty sure it won't be facing a bear market for long. If we refer to emerging issues, of course we will also continue to be careful and avoid the market.
hero member
Activity: 2114
Merit: 603
September 09, 2021, 03:21:50 PM
#36
Come on man, not even close.  Grin
I was on my vacation and did not even check the trades closely. Suddenly saw the buzz on the forum regarding the dump then I came to know about market crash. However it was the movement when I had extra beer because I knew I can buy more coins which I always desired including bitcoin obviously. This is how everyone must think in the bitcoin industry. Look for the opportunity to buy more in this industry rather than getting crazy about it. There have been so many instances like this, so many crazy crashes like this? Just be strong and invest more which you don’t need in real world.
sr. member
Activity: 1218
Merit: 251
September 09, 2021, 03:02:57 PM
#35
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.
what are you afraid of? you consider it a dump after what happened a few years ago? I just take this as a normal correction and don't exaggerate it too much because it is precisely this that we can benefit from by adding content here.


2,Singapore regulation.
Talking about regulations, I think that every day there are regulations from every country regarding bitcoin and until now I don't feel any impact with it Smiley
3, SEC wants to sue coinbase
talking about the SEC I don't really follow the news with coinbase but I read through the news saying that the SEC's claim is not true (hoax) so I can't comment much because the news is still confusing whether it's true or not.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
September 09, 2021, 02:56:20 PM
#34
I'm not at all afraid of the current bitcoin price decline, I think this is just a correction and you should be able to take advantage of this situation well like buying when the market is down before the market recovers. because I believe that the price of bitcoin can improve in the near future.
Dumping of prices in crypto is just normal for a volatile market like crypto so we should be used to it instead of getting scared. It will only take some time and then eventually those coins with potentials will recover again. So take advantage of the market while there's a dump and sell it when the price recovers and reaches its peak.

Bitcoin has indeed a bright future to look forward to so let's hodl on to it and keep our faith strong especially in times that is experiencing its dump moments. But honestly, for now i really don't see bitcoin dumping that much as what it only had was just a little price correction that usually occurs in the market.
member
Activity: 775
Merit: 11
September 09, 2021, 02:04:08 PM
#33
I'm not at all afraid of the current bitcoin price decline, I think this is just a correction and you should be able to take advantage of this situation well like buying when the market is down before the market recovers. because I believe that the price of bitcoin can improve in the near future.
legendary
Activity: 2534
Merit: 1338
September 09, 2021, 01:59:07 PM
#32
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?
You registered in this forum on February of this year so I understand why you may be scared about this, however for the people that have been here for a long time and were part of the 2018-2020 period of time in which the price of bitcoin did not moved much this is nothing, the price is still above 45k, there is no way I am going to panic when the price is so high, we will need to see an 85% for me to begin to worry a little bit as that is what we saw in 2018.
hero member
Activity: 3052
Merit: 651
September 09, 2021, 12:18:55 PM
#31
Are you scared?Is there any hope for the future?
If you will be scared about these facts and doubt the future of Bitcoin then there is no place for you here.
Not trying to be hard on anyone but it's just stating the truth. Most probably you will end up losing more if you will keep on feeling the pressure and the panic whenever such movements happen.
First, Bitcoin is volatile. Before you even have the thought to buy it you should have researched for the risk included in it.
I'll probably be scared when it goes $200. Scared that I will be late to buy it and others will outrun me.  Cheesy
full member
Activity: 760
Merit: 104
Moonbet.io
September 09, 2021, 12:14:08 PM
#30
It all depends on each person in dealing with this.
In the world of cryptocurrencies to rise and fall in price it is very reasonable and as an investor in the crypto world to respond to this is patient and calm.
If they panic and sell all the assets then the losses will be even greater.
Being patient and always keeping up to date with the latest information is the most appropriate thing in my opinion.
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