Topic: 2018 the year of correction? - page 15. (Read 18094 times)
actually the price decline in bitcoin is needed for traders, because to do trading is to buy when prices go down and sell when prices rise. so that we should not be too disappointed by the decline in the price of coins in 2018, but we should be able to take advantage of this situation as well as possible, so that by 2019 we will benefit and compensate for the losses we got in 2018.
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
We still lucky because bitcoin prise not too low but it is quite stable now. Time will come,maybe next year bitcoins value will be more higher than last 2017. Let's just wait and see. Only time will tell if what will be happen to bitcoin and cryptocurrencies.
We can say that 2018 is the year of Correction? My one cent of opinion, if we look back on the history since the 10 years ago, we can see the few Dollar price value to a Thousand to almost 20K in the late of 2017 then drop and stabilized at 6K plus as of this writing, one should always remember of the Volatility of the market, the volume of investment made by the investors, the market structure, the fundamentals and the consumer's behavior or the confidence to Crypto market. All of these happen in every Stock or Crypto market or it is normal to have this in the market. i would say therefor, that it is more on the Volatility that affects the market.
I think this year is a very bad year, because the price of Bitcoin has experienced a very deep fall, but I realize because the prices in the market belong to large traders, so they sell Bitcoin with a large, so prices decline. So for this year I think prices will remain in the range of $ 6400 until next year.
Indeed, this year is a year that needs to be reevaluated, and must be able to be learned in order to be able to provide good value in the future, an unstable situation makes us continue to correct it carefully.
Let's hope it was! Lot's of miners that entered the industry on a late manner need it aswell!
With price of around 6000 to 6500 USD is conservatively the correction state of the bitcoin. The average cost to mine bitcoin world wide is within that said value so it is expected at least 20% profit to sustain the network except for other countries like Trinidad and Tobago, Bangladesh , Kuwait, Belarus or Venezuela where mining is highly profitable but more restricted. Reaching 20k USD was just a hype and a manipulation but today's price is the real price and this is not a bad price for what other people think and this time is the right time to re-invest bitcoin and wait for another years until the bitcoin halving event come and this is where the expected bull run will occur soon.
I believe that this year has all the cryptos on their knees as we see how the bearish market is dominating the cryptoworld most of the time this year. If that equates to correction, then i expect something good is going to happen next year.
Many of you got it wrong. We already got a "correction year" before. As you see nothing is fixed and the volatility can start again. Let's give up with 2018 and why not a ATH in 2019. In less than 2 years the next halving will be there so we can hope for something before... Fingers crossed.
If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.
It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.So, you're saying that cryptocurrency will rise but most likely.not next year. And you're encouraging investors to buy their coins now while they are at low prices. What if, the cryptocurrency is stabilizing at these low prices, is it still advisable to buy bitcoin? Considering it is already very high.
The all time high last year was a bubble created by manipulators. Until now these manipulators are still on the move to create bear markets so that they can still lower the prices.
2018 is a year of correction and makes crypto fall very low, and it is not surprising that many are frustrated this year. Optimistic, the cryptocurrency still has hope to grow and there are still benefits that will be gained in the future.
There are too many new things in 2018 so this year the focus is only on quantity, actually if this happens, the correction doesn't have to go too long, but because many people have panicked then it destroys speculation that can actually rise. starting from March - then hope speculation appears in July, and the last is September. finally it means nothing and December is deadlocked. This year is indeed a year of correction.
2018 is a year of correction and makes crypto fall very low, and it is not surprising that many are frustrated this year. Optimistic, the cryptocurrency still has hope to grow and there are still benefits that will be gained in the future.
I also agree that last year was a bad year for the market. It is also a year to help the market adjust and help investors better understand the market. This makes the market more mature.
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment. 
I do not believe in correction in 2018, but 2019 or 2020, I expect a high scratch anything so strong, look forward to the new wave!
As Bitcoin is repeating all the same time (every 2 years) absolutely the same thing, so I think the main correction (the end of bear run) will be near the end of 2019, not in 18, so its time to move to cash and better sit and watch now 
If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.
It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.So, you're saying that cryptocurrency will rise but most likely.not next year. And you're encouraging investors to buy their coins now while they are at low prices. What if, the cryptocurrency is stabilizing at these low prices, is it still advisable to buy bitcoin? Considering it is already very high.
The all time high last year was a bubble created by manipulators. Until now these manipulators are still on the move to create bear markets so that they can still lower the prices.
If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.
It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.
If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.
Yes it's a correction of the peak price of bitcoin in 2017 which is at least $20k per btc, they always say it's a bear market but i think it's a long time correction so that people can accumulate and get ready for a big profit in the upcoming years.
if indeed 2018 is a year of correction, I still hope this year the price of bitcoin will remain higher than last year, I have a lot of hope because the unexpected decline in assets cannot return to the previous best price and mostly in the form of altcoins. I don't even think that at the end of 2017, bitcoin can rise to prices that have never been thought of.
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