Are you scared？

[kidbounty]

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?

No, I'm not afraid of any of that. bitcoin will remain strong and this will continue into the future. US stocks have no direct impact on the crypto market. and the SEC only deals with the coinbase, not with bitcoin directly. and for el salvador, isn't that a good thing? so there's nothing to be afraid of.

[swogerino]

I am not scared because if we look the simple history of Bitcoin and other cryptocurrencies price we will see that this is just routine which happens lots of times.There is nothing to be worried as there will always be ups and downs in the cryptocurrency world.

I don't think stocks have anything to do with Bitcoin,nor new regulations of a single country which by the way is a very small country and no one cares what they say.It is not related to El Salvador but let's suppose it was in this case the fall in price is temporary and we should see some comeback because El Salvador is now a country where you can pay with Bitcoin in major food vendor like McDonalds,but as I said it is not from these events,it is just plain routine.

[Doell]

Recognize the conditions in which news becomes a deception for public
Scared ! of course not ,situations and conditions in a correction often occur
Hope ! we all hope for the best in the future with the fact that bitcoin can be accepted in the world community it has become the biggest hope for me and it happened now

[avarnet]

Of course not afraid, because it is only a development of issues for the benefit of a few, and this often happens because of the news that crypto has been cornered many times, but bitcoin has never been lost, even if it falls and rises but does not arrive.
slumped as in the news media,
but once the issue improves then bitcoin will recover soon and the crypto market can recover from the impact caused by FUD by so many countries and any party

[kurniawan05]

Dumps are common in the crypto world, but crypto persists and continues to increase both from the user side and from the trading side, what must be done is to find the right strategy to deal with the dump.

[jakdanyel]

This dump is not related to El Salvador's making Bitcoin legal tender I think. Some people think in this way but I don't understand the reason. And when it comes to being scared or not, I'm not scared actually. Yes, the price plummeted in a very short time period but it is not against Bitcoin's nature. It is volatile in the end and we must always be ready for sudden changes. For now, it is trying to recover and it broke the $47k resistance today.

[jack wira]

I don't feel the least bit afraid, let alone fear, because experience has taught me in the past years where things like this have also happened, bro.
 In fact, I think this is a good start, because we will see a bearish occurrence at the end of the year.
 And I firmly believe and believe that a new ATH will appear, and bitcoin will again increase to its original price.

[Questat]

I don't just to wonder why people are just saying on the negative side when seeing sudden drops, most they are panic and thinking for the worse scenario which I don't that really it happens.
I don't care how much it drops in the past few days, I'm not selling any. If you have just trusted Bitcoin during the Bullish season that mist also it happen during the bear season. But somehow, it is likely different and most people got into panic selling after hearing fakes news.

[devil2man]

actually i'm a bit scared, September is confirmed as a bad month for the trend of bitcoin, it has undergone a significant decline of 20% just hope it will recover quickly, obviously the actions of the sec and the US stocks are somehow connected, but the market is cyclical and i'm sure that bitcoin will soon return to its own

[sukmo]

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.

[Reid]

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. 

[Silberman]

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.

[magnum cyber]

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.

[Natalim]

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.

[watergold]

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

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.

[so98nn]

Come on man, not even close.  
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.

[maju69]

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.

[dunfida]

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.

[MaiQwaN]

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.

[Ultegra134]

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.