Be careful, bitcoin will correct - page 6.

Tony_Nguyen

member

Activity: 238

Merit: 10

Quote from: tomwalsh on December 14, 2017, 06:54:59 PM

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

The up and down impacts traders mostly but investors hold their coins for a long time. There have been many big and small corrections but the trend is always up.

yusupjatigumilar

full member

Activity: 644

Merit: 100

Correcting the price on a commodity I think it's commonplace and commonplace it just gives us a chance to buy as much as possible because if when the price falls then many people buy then the price will go up even above the previous peak because that thing is sure to happen at world trade.

surbanaB

member

Activity: 189

Merit: 12

Buy, sell and store real cryptocurrencies

Quote from: tomwalsh on December 14, 2017, 06:54:59 PM

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

If you are a bitcoin user, I think it’s no surpised that the corrections will occur. In trading market, we all know that the price can fluctuate, it never get its stable. Because it brings much more benefits and its future, so it’s must be difficult for anyone to know exactly. Nobody can predict it previous correctly ,it’s just a guess at the moment .The most important is how your decision which make you go in the right way. Yep, if you have trust on technology, you should spend time and money to invest it. You need to consider your opportunity ,don’t let it go.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: Vannie12 on December 14, 2017, 06:58:59 PM

I think the big inflation was last week, and it already corrected to sixteen thousand dollars.
I think it will not be down or below fifteen thousand dollars if it is to be corrected more. But I think it's fair enough because of the great increase this year. No regrets if it didi.
I have withdraw some and kept about 25% of my earnings in my wallet.

Bright idea and decision very practical, everyone have own mind on how to handle their bitcoin investment, just relax and calm, correction are always there if you a matured bitcoiner and they understand the principle about bitcoin as profitable investment do not nervious.

shinjunobi09

member

Activity: 126

Merit: 14

True which is why we must carefully be monitored the everyday price of bitcoin because it's never going to be stable even though it does not met our expected price we must learned how to be contented on every investments we've made and make sure not to take advantage of it, because it is like being greedy too much.

maydna

hero member

Activity: 2912

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corrections will come for the price after reach the high price and I think it will balancing the price itself to reach stability although sometimes the correction is down too deep. but correction makes the price can reach another higher level of the price. so I think we don't have to afraid if the correction come and we don't have to buy or cut loss because the price will be back to the price before.

coinSpecter32

newbie

Activity: 72

Merit: 0

Quote from: ParallelSquid on December 16, 2017, 08:51:44 PM

Corrections are normal since some people have already gotten their target prices and would like to cash out. It's actually a healthy move since a new base or support will be established, given that it holds.

I agree. There will always be profit taking especially at key (resistance) target prices.

senin

full member

Activity: 938

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In the near future, nothing bad for bitkoy can not happen. He has not yet exhausted his opportunities and therefore on the wave of his popularity for a long time will grow and develop. The effects of bitcoins as a financial bubble will not be apparent soon. In the meantime, everyone who has managed to get on this train will have good opportunities for material prosperity.

heureca

sr. member

Activity: 658

Merit: 250

Quote from: tomwalsh on December 14, 2017, 06:54:59 PM

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

I think it will be better to convert part of BTC and altcoins into USD. By this way we can save our profit for period of BTC dump

JTPhotography

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Crap FUD thread.

ParallelSquid

jr. member

Activity: 92

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Corrections are normal since some people have already gotten their target prices and would like to cash out. It's actually a healthy move since a new base or support will be established, given that it holds.

Tux99

member

Activity: 238

Merit: 10

Correction will always come to market, just the matter with time when it will be coming.
Anybody already aware about correction, people will prefer buy something in low price so waiting its correction before buying is a good idea.

vainhaver

member

Activity: 98

Merit: 10

Quote from: tomwalsh on December 14, 2017, 06:54:59 PM

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

yes bitcoin must correct but with this market cap it’s hard to say correction will be great and will make price back into few range number

every correct have demand make price growth

atileture

member

Activity: 258

Merit: 57

it’s possible to to correct but with this price correct will back price to 10,000$ max.

also few of new coins added make bitcoin hard to be corrected

rcoins0720

full member

Activity: 253

Merit: 100

Quote from: soham on December 14, 2017, 06:57:19 PM

That's true for any other asset as well. Bitcoin price has increased exponentially over the past few weeks due to the positivity around the market and investment inflow. Any asset increasing that much will have to come down at some point to make its base stronger and to take the next leap.

But this correction will give investors like us an immense opportunity to buy again at a cheaper price. So the correction is not going to last longer for sure.

same as what I am thinking now. if the price will be low many of us will buy increasing the demand of bitcoin buy and sell.. me I do trading with bitcoin buy and sell I lose 1% of my interest but its going back again.. the thing is fees of other exchange sites..

of the correction will done and you only have raw bitcoin it is still not a threat to us nor investors because we all know that bitcoin will always go up and up . the price will only afect but the number of coins will not.. wait and hold until price surge again haha. enjoy earning

daringdiscovered

hero member

Activity: 700

Merit: 500

Quote from: Fire Rabbit on December 14, 2017, 06:58:14 PM

Definitely you can expect that.

That is the thing that we should predict because we are going to regret if we didn't convert our bitcoin and the bitcoin's price just happened, I know that we wanted to make some huge profits on holding our bitcoin, but being too greedy about it could lead us to certain disappointment. But if we don't need the money for us to convert, then we could hold it for a little longer and wait for another all time high price.

Hannahanto

full member

Activity: 826

Merit: 111

Quote from: tomwalsh on December 14, 2017, 06:54:59 PM

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

Yah, Its better to profit yourself if you find its the right time to, since the price has gone up. Invest the profit either in some other altcoins or buy assets you wish. These shifts would surely bring you more profit than sticking with one side. Though bitcoin price would be still increasing and making you profits, its much safer to shift investing in other areas and benefit out of it.

Bitcoinwinnin

newbie

Activity: 28

Merit: 0

I don’t believe that. There are less and less coins being mined now. It’s supply and demand. I believe this will be the be like the Berkshare Hathaway stock!

hasmukh_rawal

copper member

Activity: 490

Merit: 105

★777Coin.com★ Fun BTC Casino!

Minor corrections take place now and then and the crash/correction you are talking about will definitely take place in the name Bubble Burst.
Right now the price is increasing more as you can see the price was $16k and now it has crossed $17k . So this means that investors are still buying BTC and the probability for a crash is nowhere near right now because the price just saw a huge spike which means investors will be holding the funds for at least quite a few months now. May be within the time the price might cross $25k-$30k . Apart from that the burst depends on the big investors when they want to dump their Bitcoins. As said many of the top investors of BTC are holding half of the total currency mined. So the price will crash when they dump their loads of BTC into the market.

mervs003

newbie

Activity: 23

Merit: 0

This is true. Not all assets are upward movement. There will be a time that bitcoin will drop. Thats why many experts are warning those people who want to invest on bitcoin now. Risk what you can lost.

Topic: Be careful, bitcoin will correct - page 6. (Read 901 times)