That's the secret of trading. You must know when to buy and when to sell, you have to know what to do when every one is panikingand dont go with the crowd.
All traders feered the 1st of August and started selling at low price.
The real traders profited from this opportunity, and as you can see, buying 1 BTC brought them 1k $ in a week.
yes that could be the thing that we needed most, we need to take the risk as we take the chances, people are still afraid on aug 1 , well im a bit afraid too but we are traders whatever may happens we need to trust it, we need to invest what we are afford to lose thats it, if we dont want to lose sometimes then we are not yet a trader, now bitcoin price goes to moon.