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Topic: Are you scared? - page 7. (Read 824 times)

hero member
Activity: 1610
Merit: 507
September 09, 2021, 05:56:52 AM
#9
Are you scared?Is there any hope for the future?
I am not afraid of that because I believe it is just a correction for the bitcoin price. After this correction, the bitcoin price will start to increase and jump to the higher price. We have been given a good time to buy back Bitcoin at a low price. Although that price was at $45k-$46k, it is still a good time to buy more bitcoin.

I believe there is a hope for bitcoin to rise higher in the future and that is not for bitcoin but that is also for altcoin because some altcoins will increase in the future. I hope you do not feel afraid and can still stay calm waiting for the bitcoin price increase.
member
Activity: 291
Merit: 13
September 09, 2021, 05:46:52 AM
#8
Nope. Not scared at all. In fact, I am grateful it's the end of the year in a bearish run expect a bull run early next year or maybe at year-end.
Let's not jump into our emotions and be scared, be your calm and collective selves in check
full member
Activity: 952
Merit: 110
September 09, 2021, 05:37:59 AM
#7
SEC suing any crypto platforms won't have impact on the market, long gone are those days and now SEC impact isn't that effective anymore, to me that's not a vital point and all I see here is just normal correction, presently BTC is over 46000$ again, this is the way crypto market works remember SEC Vs XRP? Still XRP grows over 1.2$ while the war was still on
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 09, 2021, 05:27:52 AM
#6
Why should I be scared? I've been and gone through several bear markets that were even more painful than the current one that had happened. I don't think that I have to worry about such and it's better than the past that's why it's not bothering nor worrying me. If you sell now and panic, you're just going to regret this move in the near future. Maybe count from 1 to 3 years and you'll see the importance of being patient and trusting to bitcoin because it has happened before.
member
Activity: 1764
Merit: 10
September 09, 2021, 05:23:00 AM
#5
I don't even worry, since I have already seen a lot of bitcoin dumps, since I have been in the cryptocurrency field already very long time, so I know that after dump there will be another bitcoin pump and pump of the entire cryptocurrency market, and also now bitcoin is trading at a price of 46k$, so for now we shouldn't even worry about the fact that the price of bitcoin or other cryptocurrencies has fallen, but when bitcoin will drop to 30k$, then it will be possible to start worrying, but all the same, in the end with bitcoin and the cryptocurrency market everything will be ok.
sr. member
Activity: 1722
Merit: 269
September 09, 2021, 05:19:47 AM
#4
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 am not scared at all. The main reason for that i that i only invest pretty small amounts into crypto and even if i lose this money completely it is not really changing anything in my daily life. Of course it would be very annoying for me, because i invested to make profit of course but it would not really have any effects on my life.
The recent dump of BTC was pretty unexpected for me and i was also surprised about how big and fast that dump was. At the moment it looks like the prices have stabilized again and i am pretty confident that they will start to grow again in a few days/weeks after we have seen a period of sideways movement.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 09, 2021, 05:02:16 AM
#3
Are you scared?Is there any hope for the future?
I'm not even feeling scared with it dude. Those bad news were just another FUD and so many times crypto were able recovering again from the impact caused by the FUD by so many countries and parties.
There is any hope for the future and don't you even see the good news that just came to the market if more and more countries were legalizing bitcoin? Why are you just taking the bad news? it's unfair and this dump was a common thing in the crypto market. You must wait a few weeks and it may recover again as soon as possible. I have experienced with so many bad news since a few years ago and this is nothing.
China was also trying so many times to ban bitcoin and crypto but this is internet when anyone has freedome to access what they are thinking if that will be very usable in the future.
Crypto will always have a bright future no matter what will be happening.
legendary
Activity: 2156
Merit: 1622
September 09, 2021, 03:34:35 AM
#2
1,The fall in US stocks caused Bitcoin to fall at the same time.

What dump?

Cant see anything.

2,Singapore regulation.

So what? Every day some country is saying something about bitcoin. No one really cares untill its US.

3, SEC wants to sue coinbase.

Fake news. SEC does not wants to sue coinbase. SEC just worned coinbase not to launch savings products.

4,It is related to El Salvador

Buy rumors sell facts. The only thing that may trigger this sell off, from the list you posted, but it was just a trigger event. Most of the dump was done by overleveraged positions and no big correction since 29k (no strong support to stop at).

jr. member
Activity: 60
Merit: 1
September 09, 2021, 02:58:48 AM
#1
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?
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