Even though the year 2018 is not over yet we can say that it has not been really pleasant if you bought during the peaks, however this does not mean a whole year was spent "correction" considering only the first 3-5 months has been bear and dropping whereas all the other months have been about the same price and that means it is not a correction in the sense that the price drops to what it suppose to be.
If we take the word "correction" as dropping or increasing to the rightful place than we can say that only the first months of this year has been like that. I think 2018 is the year of "idleness" because most of this year has been around at 6 thousand dollars and 7 thousand dollars, we have spent more days at these range than any other price which means 2018 has been a "stagnant" year.
Topic: 2018 the year of correction? - page 21. (Read 18127 times)
Yup, it could be the year of correction. You can be more careful about your investment. But the providers should also be careful about their investments and its potential growth. The security system should be increased and the protection against the hackers should be more accurate.
True that. I mean BTC it self pumped up toalmost 20,000 USD now we are suffering from that enormouse spike with a year long price correction. In hindsight, i think the price adjustment or correction is over soon. In the mean time, i myself just by Bitcoins and Ethereum left and right. Who knows when the bull market starts right?
Well, last year, we also had a consistent year for the bulls, so in this case, we just have to assume the bears also have to show they are not that impotent in the space as well. Actually, for the most part of this year, it was a pretty full blown corrective year, even though we still had some up and down moment in between, but it is a pretty healthy one to me as far as I am concerned, which is actually good. For now, I guess we will have to wait and see how next year or towards the end of the year would bring.
looking at the charts in 2014 is the same as 2018 so I think until the beginning of 2019 the price of bitcoin will experience a continuous correction then at the end of 2019 the possibility of bitcoin prices returning up slowly
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.
Maybe you are right about it but we should consider the investors who dumped their coins during the time that the price was overreached. Ofcourse, investors would dump when they see a huge profit on their investment which would make the supply abundant and of course the price would drop.
2018 was a good year for cryptography. In this outgoing "bear" year, many events have occurred that will positively mess up on cryptography in the future.
It's true, we may see the bad side for this year with this bear market but it will deliver benefits in the future. It can possible to be seen on 2019 and so on. While halving will come on 2020 so that can affect the price perfectly. Bear now, bulls later. 
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.
Maybe you are right about it but we should consider the investors who dumped their coins during the time that the price was overreached. Ofcourse, investors would dump when they see a huge profit on their investment which would make the supply abundant and of course the price would drop.
2018 was a good year for cryptography. In this outgoing "bear" year, many events have occurred that will positively mess up on cryptography in the future.
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.
You can call if whatever we what, but what we witnessed last year was a bubble that is ready to be burst so it eventually pop and we all know what happened to the rest of the year. So yeah might be a correction year not just in terms of price but the attitude of the investors as well, majority of fomo is gone and what's left is stronger hands and smart investors.
For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.
People like to predict, but TBH no one knows 100%.
People like to predict, but TBH no one knows 100%.
True that. I mean BTC it self pumped up toalmost 20,000 USD now we are suffering from that enormouse spike with a year long price correction. In hindsight, i think the price adjustment or correction is over soon. In the mean time, i myself just by Bitcoins and Ethereum left and right. Who knows when the bull market starts right?
Seriously I agree with you and 2018 is actually the year of correction and it is very important we should know that. For the traders now provide us with another opportunity to buy and hold for long term. I believe if you can buy bitcoin now you are going to make good profits in years to come.
beside the prices up and down it is important to us that we should be clear that 2018 is the year of bringing back bitcoin to it's actual price like now the price is $6,404 and it is true that price fall is not a problem but with this the market recover and in this whole year the price is corrected and if we just say that price rise is good where we will go.
This is very reasonable if the price of bitcoin experiences price corrections this year due to the condition of the price of bitcoin in 2017 yesterday prices soared so high and currently the price of bitcoin falls when in 2018, but I am sure that in 2019 the price of bitcoin will up again, because the cryptocurrency price will experience an up and down movement, so you must be able to use the situation as best as possible to get a lot of profits.
If we look at the experience of the previous few years where prices Bitcoin always increase dramatically 4 years once, if in the year 2017 priced Bitcoin has increased very hard, then 4 years later will back increase dramatically again, so I think It will happen in the year 2021. 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.
2018 the year of correction of the market? It maybe interpreted as such, but one should remember the nature of the market, it is unpredictable, no one knows what to expect during the trading market, it the volume of investment that really matters which sometime served as indicators for market price value of such coin to goes up or goes down. Volatility of the market is another thing to consider, we still have two months to wait for our final market status....
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.
Almost everybody is predicting that this year will be starting a bull run again, and that is why big manipulators doesn't want you people to be with that so they will try to make you wait until everybody losses hope and get out of the market.
Don't ever look at what other people are saying. When most people were saying that Bitcoin won't go below 10000 USD it went. When they were saying that the bottom at 6000 was reached we went lower to 5800. When they were saying in August that Bitcoin is rallying again and the bear market is over it went down a day later.
A year of correction is not something new or uncommon. 2 years of correction like 2014 and 15 would ba a bad thing.
This is indeed a bad year for crypto currency and digital assets cause even a major investor pulled off in a cryto project in the last minute that's why the price surge to 20000 dollars but quickly plunged. But even so bitcoin has positive news like canada and Australia accepting it as payment. Goldman sach invested in crypto currency. Maybe crypto's are preparing for a big bullish run.
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.
Rightly put. I don't think anyone saw this dip getting to this point and day. It has surpassed predictions by months and we actually don't know what next. To be candid, I don't even look at how battered bitcoin has become. I just wish other cryptos can just push up, even if bitcoin doesn't. Look at the CMC now. All the cryptos getting listed daily there don't even get up to $1 value. Most of them are in tenth of cents or cents. It's a sad one.
This is very reasonable if the price of bitcoin experiences price corrections this year due to the condition of the price of bitcoin in 2017 yesterday prices soared so high and currently the price of bitcoin falls when in 2018, but I am sure that in 2019 the price of bitcoin will up again, because the cryptocurrency price will experience an up and down movement, so you must be able to use the situation as best as possible to get a lot of profits.
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.
If you analysis the price fluctuations of bitcoin in this year . It's seems to be the 2018 is the corrected process as compared to the last year .But the small fluctuations happened every month of this year.We will hope , atleast a new changes will occur in this year and it will forward with the next year. Hope we have positive movement in the upcoming year.
Jump to: