Are you scared？

[Viscore]

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.

[Mpamaegbu]

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.

[Boov]

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.

[MCobian]

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.

[Fatunad]

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.

[EdenHazard]

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.

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 .

[ultrloa]

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.

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.

[sikke]

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?

[lienfaye]

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.

[cabron]

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.

[TravelMug]

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.

[bitjoin]

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.

[Rajamuda]

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.

[Kasepabdul]

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?

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

[timerland]

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.

[Pom_bensin]

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.

[xmonkeyx]

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.

[poldanmig]

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.

[afdahlivemovies]

Yes

[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.

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.

It's a normal occurrence, I don't see why it is often seen as a negative attribute of Bitcoin and cryptocurrencies in general. These price fluctuations are a great opportunity, it's the main reason why I've tripled my funds and made me financially safe.

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.