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.