Are you scared？

[usernameyaya]

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?

[Tytanowy Janusz]

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).

[asriloni]

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.

[Jackl87]

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.

[trauchot]

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.

[passwordnow]

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.

[Stanlo]

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

[hidingyou]

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

[ipanks]

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.

[domoy77]

Fear can be experienced in this situation only if you have all the money in these assets. If you periodically buy shares of companies with the profit made, and if you only trade what you don’t mind losing, you will always be guaranteed in the black.

Everyone has implemented a strategy in every investment and trade, so there is no more "fear" when they start, because everyone who has already lost will always apply different steps to avoid further losses even though the risk is always there.

[Shallow]

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?

All these are fud and of course they look coordinated because all came out at the same time range, so it is no surprise as that is one of the things everyone getting involved with crypto must understand and live with. What baffles me is that, all these years they keep fudding Bitcoin and the crypto space with all sorts of threats and all whatnot but yet the crypto market keeps growing while Bitcoin keeps getting expensive, that is to say, all these fuds are just there to create entry for those piloting it, thus it's left for people to understand the potential in this space and stand by it than always dumping cheap.
So to answer your question, I am not scared neither am I moved, moreover the interesting part is that, most blockchain coins like SOL and its tokens seems not to be moved by all these fuds and so on.

[Ararbermas]

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?

nothing to be scared mate because it's very obvious that the bullish season is totally over wherein it's time for bearish, but still no need to worry because there are some expert analyst that saying this situation will not go further like what happened before as the winter is coming, and for your information it's usually a bull run for crypto market.. On this situation probably a correction and soon there will be a big sign again of the  uptrend.

[Judrob]

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 you are buying crypto as a short term investment, yes dude it looks scary. But look it as a long term investment and you will see a great rise during past years. So no I am not only scared but also try to diversify my bag. Of course, apart from BTC, the alts like ETH, ADA and LTC are very good for long term investment. They are well-established coins and has already stood the test of time. Another altcoin I pick and I think is worth to hodl for a decade is this promising gem called XSN. I strongly feel it has the chances to drive real-life adoption.

[LogitechMouse]

Are you scared？Is there any hope for the future?

Nothing to scared with . I already saw multiple scenarios like this and there is nothing to be scared of .
Maybe those weak hands and newbie investors feel panicked yesterday causing them to sell their holdings and because of that the market went down double digits.

Well, if you are here for quite some time you will see that after these corrections a green candle will appear and that is what is happening right now. After a short correction, a recovery happens and that is what is happening all the time. Correction then recovery and the cycle goes on and on and on . No need to be scared of if you are a newbie. Just be patient, hold your holdings .

[isaac_clarke22]

~

Scared of due to those reasons, OP?
Last I read Singapore just didn't recognize cryptos as legal tender, but that doesn't make it as a ban. It is just not able to be used to the common transactions. It's not that bad at all.
Last time I recall, El Salvador recognized Bitcoin as a legal tender. Not sure what will make Bitcoin's price fall from that.

29.99%? Sounds a good buy for me.
There's nothing to be scared of, OP.
Source: https://www.coinfirm.com/blog/singapore-cryptocurrency-regulations/

[tsaroz]

Such price fluctuation has been normal on crypto market. I've seen so much of those rise and falls and intialy lost so much on panic sell or buy that now I don't care anymore. I'm not going to have a loss unless I sell at cheaper price than I bought. I can just not watch the price moment. I'm spending lesser time watching crypto prices as I believe the ultimate trend of crypto market is upwards.

[Vickysagar]

Well, it's always hope in the future. We've seen new ATH's this year. After every crush BTC goes up again. And if you look to the whole picture you'll see that BTC doing great. There is no reason to panic or be scared. Even if BTC will crush soon.

[BIT-BENDER]

https://bitcointalk.org/index.php?board=1.0 move this post to bitcoin discussion board.

If I am not scared then I am not because I don't have scary amount of Bitcoin to mourn over if Bitcoin drops, although I have not seen Bitcoin when during the times people can't get over -the unforgettable times of early adopters- but so far this year 2021 has been an exciting one for Bitcoin, I think there is nothing to be scared of for 2021 early buyers except those that bought close to the middle of this year and of course are short term investors. Am see a price of $40,000 at the end of this year.

[gurunanakji777]

Now we are used to seeing such drops and it does not scare us. We know very well it's highly volatile so there is no point in getting scared by the drop. This is the normal behavior of the market. What kind of hope do you want to know? If you are scared of such drops certainly you should give time to this market to learn more about cryptocurrencies behavior. No doubt the future is bright.

[sujonali1819]

I am not surprised at all by seeing this dump of little decrease in price. 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.