Bitcoin correction is healthy! | Bitcointalksearch.org

p i e c e

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Quote from: lllaqpt on August 13, 2018, 11:51:44 PM

It seems that such a fall will cause panic even amongst stable investors. And if sales start, it is difficult to guess what we will see the price indicators. This year is clearly a mirror image of the past.

The panic has already started, and this is not good at all. Selling the cryptocurrencies for cheap, people lose a lot. The whales can buy this inexpensive crypto, and earn MUCH.

Vit83

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Activity: 644

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Stoped HODLing, and now in fiat waiting to rebuy. IMHO correction will help market to move faster and more wisely. A little bit tired from great ICO where I have to dance and sing to get a chance to get in) So now waiting when all this will takes proper levels. Any thoughts about at what level I should rebuy alts back. Such like ETH, Neo, Eos, XRP?

Cybedscaud

newbie

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More and more HODLers are cashing out because of fear, we have a serious correction now but it will end soon

Ewox

sr. member

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It is called correction in the first place for a reason, to correct the prices in the market and so these big investors also are able to join and buy a good amount of coins according to their budget. So yes, it is healthy in a way for those who have extra money intended for investments.

badykvik

sr. member

Activity: 895

Merit: 250

Yes, I also agree with you that the correction is a healthy process for bitcoin and the crypto market in general because it will help to take out the underdeveloped projects and clean the system off scam projects a little and after this is done, the bull market starts.

fudster

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Quote from: lllaqpt on August 13, 2018, 11:51:44 PM

It seems that such a fall will cause panic even amongst stable investors. And if sales start, it is difficult to guess what we will see the price indicators. This year is clearly a mirror image of the past.

History repeats itself just as they always say. Bitcoin price move up again, it may not be this month and the next but the market will keep trying to shake until the last weak hands will just sell his coins. The hope that I keeps me up though are the Financial companies that are trying to get into this market, if Blackrock and JPmorgan is already into crypto so there is no reason why quit this game of pump and dump. I just need to ride along.

lllaqpt

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It seems that such a fall will cause panic even amongst stable investors. And if sales start, it is difficult to guess what we will see the price indicators. This year is clearly a mirror image of the past.

ooeygooeygold

full member

Activity: 465

Merit: 100

Quote from: Siti Nurbaya on August 13, 2018, 11:19:54 PM

Bitcoin is still declining ...
Keep on hold ...
The market started to fluctuate ...
Stay patient ...
One hope for bitcoin ...
Keep on believing to rise later ...

I still have a lot of expectations for the growth of Bitcoin in the last months of this year, although there are a lot of analyzes that Bitcoin will decline in the future. I think that if Bitcoin continues to fall sharply, the cryptocurrency market may collapse at any time and that is the result that no one wants.

juragom

jr. member

Activity: 294

Merit: 2

In my opinion, Bitcoin today falls in price, and is quite strong in a small period. There is an explanation, but only we can speculate that everything will be fine, no need to worry, about this incident. because the fluctuations in the price of Bitcoin are predominantly influenced by news of opinion. So it happens to sell a crowd panic.

Siti Nurbaya

jr. member

Activity: 490

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Bitcoin is still declining ...
Keep on hold ...
The market started to fluctuate ...
Stay patient ...
One hope for bitcoin ...
Keep on believing to rise later ...

Naughtid

newbie

Activity: 66

Merit: 0

Quote from: bhantom on July 20, 2018, 12:35:03 PM

It is still better than time when price was under 5000 dollars. My hope increase now because i see it is possible to really achieve moon price in next months. I will wait for this

It is August now, still no price recovery. It will take a few more months.

bhantom

sr. member

Activity: 673

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It is still better than time when price was under 5000 dollars. My hope increase now because i see it is possible to really achieve moon price in next months. I will wait for this

TastyChillySauce00

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Leading Crypto Sports Betting & Casino Platform

Quote from: nairb131 on July 18, 2018, 07:37:15 AM

Yes, correction is very good for a market because it will help drive away some bad yokes and normalize the market and I also believe after the correction, there will be positive increase in the price of bitcoin and other crypto.

But frankly speaking, correction is not a necessity when it comes to price pumping, correction is just some traders are setting their target at some point and then dumping it altogether but that only crush a little of buy wall.
Whether with or without correction, if the price is pumped steadily then it can be called a healthy market too, but if all of the pump and dump happen suddenly, well there's maybe some manipulation or just a temporary hype train.

Idrisu

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Activity: 924

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Quote from: jamesashmore1964 on July 10, 2018, 08:07:19 AM

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

We can now see how things are working out and for those that has this same mind are building confident on the market. Investment into cryptocurrencies and bitcoin in particular demands one to know were the state of the market is to actually makes money from the market.

creeps

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Quote from: glowing10 on July 18, 2018, 07:33:17 AM

Quote from: PrintMule on July 15, 2018, 05:58:58 AM

Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.

Corrections are welcome when suddenly the price has jumped like 1 or 2k $ without any reasons. Those are generally where the whales have entered the market and in order to make money in short term they have pumped the money. And soon will even remove it when they get their target.

Correction is really normal in any market, every time we saw a bear candles expect the price to continue to dump and for sure it will pump later on when the whales enter the market at a lower price. We must not scared if you see some signal, instead trade with the trend and don't ever panic. Corrections will always happen, at any level in the future.

yansen

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Activity: 588

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for me this is no problem. it should be like this, because the graphic flow created needs confirmation. and the decline in bitcoin prices is a deal. and get rid of people who do not understand bitcoin. if I see yesterday's rise, I think the price drop is over. and Bitcoin prepares to run up.

Warbson

newbie

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Yup. If I had only held onto all of my investments when I bought them, I'd be up so much right now. But selling low and buying in later has hurt me. Hodling works.

CptThomas13

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I really want to hope for the end of bitcoin correction, it has been delayed for a long time. The correction will end when the big players will gain positions at the desired prices and give the green color to the positive news.

Renskin

newbie

Activity: 140

Merit: 0

The market will be bearish until the problem of blockchain scaling is solved. As soon as any of the blockchains will solve this problem and show successful tests. This news is likely to blow up the market and will have a positive impact on the price of not only bitcoin but also all to criticize

wuvdoll

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Time will tell if we are actually going to be seeing a bull run in the making any time soon.
Although, there is a likelihood of a head and shoulder formation if it indeed form thoroughly and we are about to use that to break the $6850 resistance upward, but I still would be careful as the market is not smiling at anyone right now and any little pinch can cause a rapid drop to the downside pretty fast.

At least, it would be a good thing to see some good uptrend though. When bitcoin is available for cheaper prices it attracts more new people as per my assumptions.

Topic: Bitcoin correction is healthy! (Read 525 times)