inanilujimi
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September 15, 2021, 07:07:38 AM |
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What's there to be afraid of?? don't you know there is a lot of history wanting to drop bitcoin?? look at the reality now bitcoin continues to grow and move forward. bitcoin isn't something new but it's been more than 10 years dude, don't let yourself be instigated by news that doesn't have a clear reality.
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maju69
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September 15, 2021, 04:00:53 PM |
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Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.
in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened. Common reactions of people who doesnt know about well about this market or just simply new into this market.They got scared and freak out when see dumps and have FOMO when they do see some rally. These are common reactions but when someone had experienced some losses then thats the time they do realize on how market works and would really be careful on next time that they would be dealing with. Being scared is not avoidable because we are really on investment world and its impossible that you would be happy when you do see losses on your port. Thing here is that you do learned up from your past mistakes. t is this FOMO mentality that will be a disease for our trading in the future. Because forever if you don't learn and control FOMO from irresponsible people. So I'm having a hard time seeing the development of his trading portfolio. I am the same, as a human being who will definitely experience an incident where panic is the first condition that is felt when facing a massive bear market.
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doomloop
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September 16, 2021, 09:00:48 AM |
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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?
We talk about how emotions should be absent from trading and then we ask "are you scared". I am sorry but if you are following the advises here about the emotionless trading than you should be fine, because no ups or downs should take out any emotions out of us, and just because it drops doesn't mean that we should fear it. Any logical trader would know that even if you end up losing during this period, you should end up not feeling anything and pick from here and start making profit again without worrying about what happened first. I personally do not feel any fear at all right now, I am feeling quite well about the current situation and that is how I listen to emotionless trading advises.
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Masplanc
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September 16, 2021, 09:10:15 AM |
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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?
There is nothing to be scared about. It's not something new to me . We have seen and heard similar stories like this in the past
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StreakW
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September 16, 2021, 11:00:04 AM |
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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've never been afraid of it all. We should not be consumed by FUD news, friends, because FUD news itself is news that is used to scare a certain person or group. Especially if we have crypto assets. rest assured that Panic in the market will always have an end. When the market starts to reverse from red to green, you can start to look at bitcoin and altcoins to collect cheaply. With proper and careful planning, you can really earn money.
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Spack17
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September 16, 2021, 12:12:52 PM |
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I'm not scared at all. Because this is totally normal for Bitcoin. It is a volatile cryptocurrency and there will always be a probability for sharp decreases too. This is not a frightening incident for me. Because it has always been like this since it was first released in the market. People should make their investments always considering this.
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Distinctin
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September 16, 2021, 03:50:15 PM |
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~snip~
We talk about how emotions should be absent from trading and then we ask "are you scared". I am sorry but if you are following the advises here about the emotionless trading than you should be fine, because no ups or downs should take out any emotions out of us, and just because it drops doesn't mean that we should fear it. Any logical trader would know that even if you end up losing during this period, you should end up not feeling anything and pick from here and start making profit again without worrying about what happened first. I personally do not feel any fear at all right now, I am feeling quite well about the current situation and that is how I listen to emotionless trading advises. Indeed, right. However, not all have the guts and to keep calm themselves in the situation where they lose their money but instead, they start blaming the market for its volatility. Scared, getting worries it really comes to someone who is not totally prepared and those people who come doubtful and uncertain. We could say that we haven't this feeling it is because we were able to understand the situation and staying the market for how many years we've learned something about this. But for the newbies, that will be their biggest challenge.
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arufox
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September 17, 2021, 03:44:27 PM |
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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?
There is nothing to be scared about. It's not something new to me . We have seen and heard similar stories like this in the past That's right, don't be afraid and doubtful when you hear the news of FUD, bitcoin is very good for long-term investments. Even though bitcoin and other cryptocurrencies are currently trying to touch their respective highs again, don't be complacent and continue to monitor the development of the sentiment that is present.
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add1ct3dd
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September 17, 2021, 08:32:40 PM |
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Look at the chart that was provided by @Tytanowy Janusz. There's no way in hell a flash crash will scare me, it's not the worst crash there is so no point getting scare, the only people who get scared are either not looking back into the past, doesn't have a lot of bitcoin or doesn't have any bitcoin, and people that have a short sighted goal.
in fact we don't feel the Bitcoin market is over. People who are afraid just because the market has started to enter the red line does not mean this will all end and be destroyed. Bitcoin is still as usual and is still at a high price. If compared to last year then the OP should know that the current price is not comparable and be frightened. Mostly newbies are scared with this all because they have no knowledge and basic things about this, but those are in this market for some time they understand this all is usual business and already happened many times sometime back peoples was really scared with China ban, but now it's all settled even we have many other issues which are now part of this community. Day by day we are spreading and now bitcoin is on high popularity so just because of this no matter of worry even we have too many bad news and negative things around us now no one can stop this we will go through in very good future with this crypto and bitcoin.
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OrangeII
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September 18, 2021, 06:34:28 AM |
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Things are fine right now and I am not concerned in the least about a sudden bitcoin crash. The reality is bitcoin has always fluctuated mildly but its consistent growth for the foreseeable decade is rest assured.
in fact, the current bitcoin price is back to near $50k. because of that, I don't think any old crypto users care about that. on the other hand, nowadays many people are trying to own popular coins like bitcoin, ethereum, and others. I think people are used to FUD. Moreover, many people are now looking at crypto as a source of investment year after year, so some FUDs are unlikely to make much of a difference.
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jostorres
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September 18, 2021, 11:10:43 AM |
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in fact, the current bitcoin price is back to near $50k. because of that, I don't think any old crypto users care about that. on the other hand, nowadays many people are trying to own popular coins like bitcoin, ethereum, and others. I think people are used to FUD. Moreover, many people are now looking at crypto as a source of investment year after year, so some FUDs are unlikely to make much of a difference.
I feel more scared when it actually goes up. Because let's face it when it is down that means you could buy and hold and it will go up, but when it is high that means there could be another crash any moment. Don't get me wrong I am not saying it will crash from here, I do not know when it will be, maybe from here, maybe a bit above 50k or maybe it will go to 100k before it crashes, who knows? Nobody knows but it is going up and that means eventually it will stop going up and it will start going down, and that doesn't happen as slowly as our ups neither, it goes up slowly but it crashes in under an hour so it is a bit more scary now that we are going up. I was happy when it went down, that is a good thing, like chopping a tree in certain places to let it grow even stronger, but the ups are a bit more scary to me because I do not know when it will stop going up.
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BuNga_cute
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September 18, 2021, 11:54:02 AM |
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I'm not scared at all. Because this is totally normal for Bitcoin. It is a volatile cryptocurrency and there will always be a probability for sharp decreases too. This is not a frightening incident for me. Because it has always been like this since it was first released in the market. People should make their investments always considering this.
What you say is true, there is nothing to be afraid of with the falling price of Bitcoin. Because the price of Bitcoin is volatile, so surely the price movement will change drastically. This means that the price of Bitcoin can suddenly rise or vice versa, the price of Bitcoin can suddenly fall, this has often happened repeatedly. So why be afraid, and don't need to bother looking for the cause of the decline in Bitcoin prices. Whatever causes the price of Bitcoin to fall, as long as we don't panic and can patiently hold bitcoin. So in the end we can make a profit from Bitcoin, because of how deep the Bitcoin price goes down, it will definitely recover and the price can go higher.
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asrinur
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September 18, 2021, 05:06:17 PM |
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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.
The drop in bitcoin and altcoin prices doesn't scare me or panic. Rises can happen at any time and you can't just wait. Create a new plan. Do some research on what crypto might have a profitable loophole and allocate your funds wisely. It is difficult to guess the exact price because all Bitcoin trades are left to the market. But for me personally, I still believe the price of Bitcoin will be in a bullish trend next year.
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rahmatrf331
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September 18, 2021, 05:26:56 PM |
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only beginners are accustomed to such issues, they are afraid of losing their investment. parties who feel opposed to the growth of bitcoin always make rumors that could bring bitcoin down, but on the other hand they can take advantage of the falling market price and the opportunity to invest again, because the recovery phase of bitcoin is very fast than the FUD stock phase.
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skarais
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September 18, 2021, 05:40:48 PM |
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I will no longer tremble when the price of bitcoin undergoes a correction, so I don't have to be afraid of a correction. However, I think it's natural to feel a little annoyed when the price suddenly corrects as the estimated asset owned decreases. However, based on experience, the market will recover sooner or later and the forecast for assets will return to normal. A correction cant be interpreted as a step back, but sometimes it can be a first step to break the resistance above it. Don't rush to sell if you want long term profits. Price fluctuations will teach us what to do when a correction occurs.
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bots1
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September 18, 2021, 06:28:03 PM |
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Of course, the decline in the price of Bitcoin made me and a number of traders afraid or panicked because this affected the crypto assets owned.
Well, can you afford to not trade for awhile because you're panicking? If yes then you can probably pause or take a break for awhile so you can collect your thoughts and be at youe best when you start again. For me, I don't have any fear since I am a hodler and I plan to be a diamond hands when it comes to hodling and at the same time, I try to accumulate as much bitcoin along the way. But don't forget that you also prepare mentally tough so that you are not easily affected emotionally when you become a Hodler or trading considering that something that is influenced by emotional things only lasts for a short time but determines fate in the long term.
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arufox
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September 18, 2021, 06:42:45 PM |
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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?
Fear occurs in people who are not sure of the established strategy and do not set a loss target in investment. I never thought behind the market downturn there were some reasons as you mentioned. I only learned from an experience, when there is a decline this could be a correction. don't rush the decision to sell all assets, I'm sure the crytocurrency season will last until the end of the year. When the price of a cryptocurrency is falling, you can overcome it by doing a technical analysis. This is done to see if the price of your crypto asset will rise again, or fall deeper. If I see it, the market is currently in a sideways period after experiencing a decline a few weeks ago and has the potential to experience a technical rebound. But the technical rebound is also a bit long, maybe in the next few months.
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Quidat
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September 18, 2021, 11:53:54 PM |
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Of course, the decline in the price of Bitcoin made me and a number of traders afraid or panicked because this affected the crypto assets owned.
Well, can you afford to not trade for awhile because you're panicking? If yes then you can probably pause or take a break for awhile so you can collect your thoughts and be at youe best when you start again. For me, I don't have any fear since I am a hodler and I plan to be a diamond hands when it comes to hodling and at the same time, I try to accumulate as much bitcoin along the way. But don't forget that you also prepare mentally tough so that you are not easily affected emotionally when you become a Hodler or trading considering that something that is influenced by emotional things only lasts for a short time but determines fate in the long term. When you are just starting on this market then for sure it cant really be avoided because emotion is something a really common thing which you cant handle or really be impulsive on your very first try or engagement or experience on here.Its normal for you to get scared but once you do gain up sufficient experience in the market then you would really be able to handle up yourself in different situation knowing that this market is really unpredictable which would really cause up for you to commit out some reactions but if you are already that aware nor prepared then this wont really be a big issue.
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Jating
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September 19, 2021, 08:08:54 AM |
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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?
Fear occurs in people who are not sure of the established strategy and do not set a loss target in investment. I never thought behind the market downturn there were some reasons as you mentioned. I only learned from an experience, when there is a decline this could be a correction. don't rush the decision to sell all assets, I'm sure the crytocurrency season will last until the end of the year. When the price of a cryptocurrency is falling, you can overcome it by doing a technical analysis. This is done to see if the price of your crypto asset will rise again, or fall deeper. If I see it, the market is currently in a sideways period after experiencing a decline a few weeks ago and has the potential to experience a technical rebound. But the technical rebound is also a bit long, maybe in the next few months. Nah, I don't think that when your portfolio is down, you will immediately go to TA, Lol. All you have to do is just remain calm during the storm and not to panic. If you do TA and see that the price will still continue to go down then what? It's just the experience, some have been in crypto for years that when they see the price going down, they don't panic, but rather take advantage of the situation and buy the dip.
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Lordshiva
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Welcome back 🙏
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September 19, 2021, 08:11:00 AM |
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Absolutely no, I am not worried about this fact because i trust bitcoin. This was nothing and i saw many big drop downs of bitcoin and even at that time i never doubted about bitcoin so this is nothing, bitcoin is here to stay.
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