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Topic: 2018 the year of correction? - page 4. (Read 18094 times)

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
April 12, 2019, 12:46:02 AM
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.
The complete year provided with the bear trend with the sliding of the price, and after a long 2019 has provided with the gradual increase in the price with the massive adoption. Importantly from January it has recovered reaching from $3000 range to $5000+ by now. This form of growth is predicted to continue with small corrections in between.
legendary
Activity: 2044
Merit: 1008
April 12, 2019, 12:25:43 AM
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.
member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
April 12, 2019, 12:14:13 AM
Last year was never the year of correction but hopefully enough the first quarter of this year seems to be the correction point of the crypto market. I have been reading about Elliot waves for quite sometime now and i think we are going to have a run of the crypto marketcap in the nearest future.
sr. member
Activity: 1344
Merit: 253
April 11, 2019, 10:08:08 PM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.

The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto.
Maybe it means the bearish market which indeed can occur in a period that can be said for a long time, the market is currently in a cycle of correction or only volatility which indeed when the increase that occurs this always decreases the price which means it still takes longer to get recover higher.
after flying high and reaching a saturation point of course it will pass the correction phase. but for 2018, I think the increase is unhealthy, because the correction is too deep, we hope that now the market can grow healthy, we know there is resistance near the current price, hopefully it can be broken
hero member
Activity: 3052
Merit: 606
April 11, 2019, 07:29:13 PM
It was a year that people could catch their breath before the next crypto rally. 2019 will be much more interesting. Fasten seat belts.
Agree.Last year is not a satisfying year, in fact I can consider it a bad year for crypto. This year we have a good start and we hope this start will lead to a wonderful ending for this year, although we can also expect last year that the price will dump because of heavy correction, but the price is just too oversold resulting to a very low price, now, we are also correcting it for a reversal of the market, and this should not surprise everyone.
member
Activity: 574
Merit: 10
April 11, 2019, 02:58:59 PM
It was a year that people could catch their breath before the next crypto rally. 2019 will be much more interesting. Fasten seat belts.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
April 11, 2019, 01:39:21 PM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.

The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto.
Maybe it means the bearish market which indeed can occur in a period that can be said for a long time, the market is currently in a cycle of correction or only volatility which indeed when the increase that occurs this always decreases the price which means it still takes longer to get recover higher.
full member
Activity: 630
Merit: 100
April 11, 2019, 01:21:32 PM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.

The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
April 11, 2019, 12:10:16 PM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
This correction may result to downfall and I'm also sure that it will affect the people around to doubt it because of emotional stress. Having this kind of stress might hinder your thought process that could affect your daily trades and decision making. Imagine this idea to apply for almost all of us I think this would result to unstoppable loss for bitcoin. Well that's my opinion though.

The important thing for success is to take risks, if we don't dare to take the risk of loss then don't even think of getting big profits, crypto looks good because the daily trading volume is so large that I believe to invest more.
full member
Activity: 602
Merit: 129
April 11, 2019, 11:26:51 AM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
This correction may result to downfall and I'm also sure that it will affect the people around to doubt it because of emotional stress. Having this kind of stress might hinder your thought process that could affect your daily trades and decision making. Imagine this idea to apply for almost all of us I think this would result to unstoppable loss for bitcoin. Well that's my opinion though.
full member
Activity: 532
Merit: 148
April 11, 2019, 10:54:20 AM
Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
hero member
Activity: 1120
Merit: 507
April 10, 2019, 05:55:04 PM
In 2017 price was so high and it was more than our expectation but it is only because we really supported and people invested for long term without any problem, but suddenly whales attacked the market and they sold so many coin at once which made the price down, so in 2018 price was low but now again there is a hope that market will recover and price will be high once again.
It was clearly because of FOMO, people got caught with it, they think BTC will still rise and it will change their lives.
People learn their lessons the hard way, their wrong mentality that investing in bitcoin could give quick profit lead them to big loses, but it's still not the end. They can still make profit with investing in crypto, if they will be patient enough and start to be realistic.
Yes you’re right, and such a thing pisses me off a lot. I know a lot of my friends that does that. They’ve been talking about cryptocurrency since over five years I started it and now they are regretting that they didn’t get in with me when I did because they thought that the price isn’t going to increase. Till today, they are still not ready to invest because they are afraid the price will go down. If you’re not ready to take the risk, then you’re not ready to achieve anything yet.

Even the bull run we had in 2017, it took like a year before it happened. There was a bearish trend starting from 2015 to the year 2016. So, bull run doesn’t happen in every year.  If it’s like that, then this would no longer make any sense. And this is not a place for those that are looking for how to be earning quick money,  nah that’s not going to work out. I like it how it is,  if you can’t have patience, you leave for those that can have patience.
full member
Activity: 1008
Merit: 101
April 10, 2019, 05:35:44 PM
In my opinion, the correction is going on now, 2018 was a year of recession, this year we already see significant growth, but this does not mean that it will continue without a fall.
if we looking bitcoin and other cryptocurrency price few days ago maybe this bearish trend will ended soon.daily market capitalization rise alot , and it show optimism from investors.
price now looks good.its movement make new investors investing their money, they didn't want miss this moment before bitcoin price go higher again.
Yes now price is rising high and we have good opportunity for us, as price is rising in future it will be rise even more than this, 2018 brought so many changes in price which are good for new investor as they got the chance to buy at low price and now after holding so many people will sell coin making profit, so for me 2018 was golden chance to buy low.
member
Activity: 171
Merit: 10
April 10, 2019, 03:14:03 PM
Bitcoin has no cost ceiling. He can grow without stopping. He can also fall without stopping. Whose hand is heavier and decides where the price goes.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 10, 2019, 11:22:06 AM
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.


Everything has been balanced last year. There are people who wished and expected for the bull run to happen last year but it has just been corrected. As for me, that kind of year is important and would make things better in the world of crypto. I believe that the prices would go better this year.
newbie
Activity: 23
Merit: 0
April 10, 2019, 10:42:02 AM
Why you discuss a topic that is already outdated? 2018 has already passed. It was a tough year, but at the end of that year it became clear that the market would stabilize to shoot up in 2019!
member
Activity: 576
Merit: 39
April 10, 2019, 10:25:14 AM
We don't know when is the correction when it comes to cryptocurrency as we can the great decline after the ath happened dipping below 3200 and now it is starting to recover from the dip, what I want to say is the volatility of crypto is incomparable to forex because crypto have no definite value it can go ridiculously higher in just a year so. Good thing is the recovery so we are good.
member
Activity: 464
Merit: 10
April 10, 2019, 09:38:02 AM
In my opinion, the correction is going on now, 2018 was a year of recession, this year we already see significant growth, but this does not mean that it will continue without a fall.
if we looking bitcoin and other cryptocurrency price few days ago maybe this bearish trend will ended soon.daily market capitalization rise alot , and it show optimism from investors.
price now looks good.its movement make new investors investing their money, they didn't want miss this moment before bitcoin price go higher again.
full member
Activity: 658
Merit: 106
April 10, 2019, 09:14:41 AM
In my opinion, the correction is going on now, 2018 was a year of recession, this year we already see significant growth, but this does not mean that it will continue without a fall.
if we looking bitcoin and other cryptocurrency price few days ago maybe this bearish trend will ended soon.daily market capitalization rise alot , and it show optimism from investors.
sr. member
Activity: 1313
Merit: 278
April 10, 2019, 09:00:22 AM
In my opinion, the correction is going on now, 2018 was a year of recession, this year we already see significant growth, but this does not mean that it will continue without a fall.
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