2018 the year of correction? - page 3.

gamer4156

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Quote from: joshv06 on October 27, 2018, 02:17:22 PM

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.

Real value of BTC is 3000$ and it was really good when it was trading at 3000$. This correction or you can say deception made people more greedier. Now everyone wants more and more. Due to this fake ICO were very active. Stability of BTC around 4000$ to 5000$ has made much better. Now people are again making their steps towards more ICO and other crypto related projects.

efxtrader

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Quote from: Babylon on April 20, 2019, 01:04:37 AM

Quote from: Netnox on April 20, 2019, 12:40:56 AM

Quote from: Valhalaa on April 19, 2019, 10:04:11 PM

yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017
where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way

Ideally, the profit booking must be done when the prices are high. It is not advisable to sell the coins while the market is undergoing a correction phase. The most sensible thing would be to sell the coins in small installments and to refrain from dumping all of them in one go.

Indeed, we should not sell our coins during the correction phase because it is not a good idea and it will just lead to a loss for us investors and instead of thinking about selling our coins, we should just think about buying in order to save money and also to not miss the opportunity of the cheap sales in the market.

I am agree with you. Crypto is new investment and still at early stage. If we believe crypto is good technology, i am believe crypto will more worth in the future. Its about the perception about investment and crypto is long term investment.

Babylon

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Quote from: Netnox on April 20, 2019, 12:40:56 AM

Quote from: Valhalaa on April 19, 2019, 10:04:11 PM

yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017
where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way

Ideally, the profit booking must be done when the prices are high. It is not advisable to sell the coins while the market is undergoing a correction phase. The most sensible thing would be to sell the coins in small installments and to refrain from dumping all of them in one go.

Indeed, we should not sell our coins during the correction phase because it is not a good idea and it will just lead to a loss for us investors and instead of thinking about selling our coins, we should just think about buying in order to save money and also to not miss the opportunity of the cheap sales in the market.

Netnox

legendary

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Quote from: Valhalaa on April 19, 2019, 10:04:11 PM

yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017
where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way

Ideally, the profit booking must be done when the prices are high. It is not advisable to sell the coins while the market is undergoing a correction phase. The most sensible thing would be to sell the coins in small installments and to refrain from dumping all of them in one go.

matchi2011

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Buy $BGL before it's too late!

Quote from: Xampeuu on April 19, 2019, 11:15:29 PM

Quote from: gabmen on April 17, 2019, 04:31:42 AM

Quote from: kemetz on April 16, 2019, 08:42:53 AM

Quote from: incomefromcoins on April 15, 2019, 01:48:43 AM

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.

right, now the support area is formed and allows it not to go down again. this can lead to the formation of an uptrend so we can just wait to wait and keep the assets we have, so we don't panic sell them

There's no reason to do such act, panic sell due to this increasing value is not healthy when you are real investors inside, the small form of good position
will be the strong support forming a good lift to bounce up, this is still accumulation period for people who wanted to make a good future profits, leaning from how the trends is building a good run.

Xampeuu

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Quote from: gabmen on April 17, 2019, 04:31:42 AM

Quote from: kemetz on April 16, 2019, 08:42:53 AM

Quote from: incomefromcoins on April 15, 2019, 01:48:43 AM

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.

right, now the support area is formed and allows it not to go down again. this can lead to the formation of an uptrend so we can just wait to wait and keep the assets we have, so we don't panic sell them

Valhalaa

copper member

Activity: 546

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yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017
where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way

Sum24

member

Activity: 448

Merit: 10

Quote from: gabmen on April 17, 2019, 04:31:42 AM

Quote from: kemetz on April 16, 2019, 08:42:53 AM

Quote from: incomefromcoins on April 15, 2019, 01:48:43 AM

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.

It is even now under correction but as you said something is better than nothing so the same way miner Increase in price is better than nothing, now price is increasing day by day, I can see market is increasing 2018 has given us an opportunity to buy some coin at very low price and then hold it until it recovers higher, so I am holding lets seen when the bull stops.

gabmen

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Quote from: kemetz on April 16, 2019, 08:42:53 AM

Quote from: incomefromcoins on April 15, 2019, 01:48:43 AM

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.

kemetz

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Activity: 644

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Quote from: incomefromcoins on April 15, 2019, 01:48:43 AM

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

Osarman

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Quote from: mersal on April 14, 2019, 11:56:03 AM

Yes definitely there are lots of things that to be corrected in the year 2018 and it is the most unexpected year for every Crypto investors to stay without any profit in the whole of the year but in the 2019 will be little different from the previous year and there will be lots of chances of development is happening right now
.

Lol, my question is where did people get this idea that Bitcoin needs correction? ::)Okay, Bitcoin needs correction and what about other coins, do they also need correction and was it why their prices decreased? The price of Bitcoin fell because people sold off and the demand also decreased. That’s what I believe.

yusupjatigumilar

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It is natural that after the price of a commodity has experienced a very extreme increase, it does not rule out the possibility of further extreme correction and it is difficult to recover because the resistance point that must be penetrated is very strong, as happened in 2017 and 2018 this is a turning point at the same time correction from the previous price peak. Many traders and investors feel acute stress because the value of their assets becomes very cheap and has almost no price at all. Finally, many of them reluctantly make a sale, and of course it becomes a trigger for prices to fall deeper and lure other people to sell at lower prices.

incomefromcoins

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after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

breathlessz

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Quote from: Distinctin on April 15, 2019, 12:17:12 AM

Quote from: hxtop on April 14, 2019, 03:24:52 PM

By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.

For the last 3 months, bitcoin has been stable, it has reached its bottom and did not dump anymore.
Only this month where it changes everything, we have a big pump and we can think this is also a big start for the bullish market.

People are looking for the bull market because they know the experience, we have been here in the past and we like to go back again.

I hope it can continue its trend to continue to rise, but at least Bitcoin shows its strength to fight the bearish trend, which during 2018 occurred. this denies that BTTC will bubble, like many people worry about it

Distinctin

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No dream is too big and no dreamer is too small

Quote from: hxtop on April 14, 2019, 03:24:52 PM

By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.

For the last 3 months, bitcoin has been stable, it has reached its bottom and did not dump anymore.
Only this month where it changes everything, we have a big pump and we can think this is also a big start for the bullish market.

People are looking for the bull market because they know the experience, we have been here in the past and we like to go back again.

hxtop

hero member

Activity: 1071

Merit: 500

By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.

mrdeposit

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Quote from: Netnox on April 11, 2019, 11:25:43 PM

A correction was due in 2018, since the prices went up from $900 per coin to $20,000 per coin in 2017. After a 20x spike, it is only natural that we can expect a major correction. But it needs to be seen for how long this correction will last.

Precisely, this is a cycle that will never stop, and moving in one direction is impossible. The increase in 2017 was like the hype. There was a great increase without stopping, and such a fall would be expected.

mersal

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Yes definitely there are lots of things that to be corrected in the year 2018 and it is the most unexpected year for every Crypto investors to stay without any profit in the whole of the year but in the 2019 will be little different from the previous year and there will be lots of chances of development is happening right now
.

TIDOVEE

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Does it now mean it should not have achieved as high as that in 2017, are you saying the correction now is supposed not to make us have as much as that this year 2019. With the prediction, we are to have close to double of what late 2017 brought. The correction I desire now is
That the bearish market melt away, its just too boring Tongue

BTCevo

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Quote from: Aponkye1 on April 08, 2019, 02:57:07 AM

2018 was never the year of the crypto market correction because we saw bitcoin dragging down in value with most altcoins following its lead. However, the latter part of the first quarter of 2019 seems to be the correction point. In the mean time bitcoin is now above $5k and things seems to be looking in the right direction for a further increase in value.

Agree with you here, because 2018 is sure a hellish market that people dump everything right away and it goes deeper and deeper, it seems like bitcoin time is ended because many regulations pop up. But for the year, it is a correction time which people need to adopt it back again to gain some profit in the next few years later

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