Topic: Black friday crypto correction (Read 231 times)

I think Etherum is the best choice for this correction because it's less volatility than Bitcoin and most of the time the price is increasing not decreasing.

Black Friday added color to my life. Bitcoin and eterium increased the frequency of fluctuations and gave us excitement on this

Do altcoin or to a much stable litecoin and ethereum if you are done with bitcoin. Because I’m not and still have much more patience than panic syndrome in my body. It just decrease and increase for a while that looks alarming to others but normal to those who trusted bitcoin for over a few years since its existence.

During this month, the las days were the best days for any one willing to invest in cryptocurrency, all coins declined by more than 30%.
Any smart trader will see that as a good opportunity.
Don't invest all your money in one coin, you can buy a bunch of them to guarantee a good revenue.

To me bitcoin still remains the best buying as it has dropped about 42% in just two days and it has rested at $2,450 support area. We should expect fund to flow back to bitcoin market any moment from next week. There are some coins that are going to pick up after Christmas and we should put our eyes on ethereum, litecoin and zcash.

Best buy? Best buy is effected by number of factors like time period you would like to hodl or exchange you using. You can't name one coin randomly.
Moreover, considering present crypto market I would like to suggest you to buy coins for small periods. Nowadays Bitcoin is more or less stabilize and other coins are booming. So follow signals, analyze market and choose best coins; buy low and sell high.
No need to mention this name-> John Mcafee. He is new guru of Altcoin Trading, do follow his calls and make short time profits.  

That is completely normal, there were several threads on the forum that mention this hypothesis.
I think the price can decrease a bit again. But it's aready a good moment to invest.

BTC  i think good chose to now btc  becusue why hard fork every where this is very good  to hold more yes have it fun and profitable

It was a normal correction after the big explosion, I'm positive that in the new year the tun will start again, so... be ready!

Yes, of course, this was just a healthy correction and bitcoin was screaming to receive this dip. I dont see any necessity for saying that bitcoin is dead just like a lot of people are saying right now.
Bitcoin is much more stable than before now

The most promising crypto currency for 2018:
1 crypto currency is Ripple. At the moment, its price is about 20 cents, which is a very good moment for its purchase.

2 crypto currency is NEM (HEM). Also a very good coin, which provides a huge number of opportunities. The price of NEM at the moment is about 20 cents.

3 crypto currency Qtum. The price of Qtum is about 11 USD.

4 OmiseGo crypto currency. The given project gives new opportunities in work with wallets, transactions and other things, but most importantly OmiseGo has very strong support from the developers of Ethereum. Price OmiseGo 7.3 US dollars.

5 Lisk is one of the most secure crypto currency at the moment, which is why it has good prospects for the next year. The price of Lisk is 4.76 US dollars.

6 crypto currency Stratis offers a blocking solution for business. The price of STRAT at the moment is 4.52 dollars.

7 crypto currency Waves. Price Waves 3,5 dollars.

8 TenX crypto currency, which allows you to spend your crypto currency in any store in the world with a plastic card. Price TenX 1.76 dollars.

9 Walton. This project develops technology for tracking goods. The price of Walton is 6.49 dollars.

10 Civic, a project that will try to resolve the issue of identity verification. According to some information, the cost of this coin will be equal to $ 1.2. The price of CVC is now 30 cents.

11 crypto-currency Substratum is a kind of decentralized version of the Internet. At this point, the project is testing its beta version. The price of SUB is 0.12 USD.

12 VIBE crypto currency is dedicated to virtual reality, and is based on the blockbuster. The price of VIBE is now 0.026 dollars.

From the beginning of the year the whole market will resume as in December, we just needed this little correction

In fact it was $13,000 by yesterday and now it is upto $14,200, maybe it was not a "big" pump, but who knows.. $13,000 - $14,000 are still cheap prices, every one should buy at those rates.

The best buy? Bitcoin is the best if it's get corrected, seems like $11K-$12K is the lowest price recently.
There are some altcoins which indicate will increase as well such as ripple, stellar, Iota, byteball, or monero.
Altcoins get pumped because bitcoin is facing an old, unresolved scale problems. If bitcoin network can be recovered, altcoins will be corrected obviously, especially some coins such as Dash, ethereum and litecoin.

things haven't changed much really in the cryptocurrency market, even with the recent big drop. it was like any other drop, bitcoin started dropping and then altcoins followed.

the best buy like always is to buy bitcoin at the bottom after the dump ended.
and as for altcoins you need to see which one of them has the potential to rise. and if you can't find that potential before it happens, you need to find it as it is happening. when the price is getting pumped. you buy and enjoy the profit then.

Nem price have increased significantly the last few weeks, and there is still lots of room to grow. I think next year will be the year NEM will boom.

Aside from that the top crytos are always the best to buy when it is on correcting phase. Like bitcoin, it has dropped a lot but 13K has been a strong support level. ETH is performing well also.

Yes mate! Shopping is necessary, next year; we will start from where we stopped again and wait for some new FOMOs. I am sure that is what those whales are going to be saying now. It has been a crazy and devastating downward trend for some, most especially for those that bought at the top. However, it is not the end of bitcoin, nor is it the end of the world; it is just a good time to buy more. While some are doing shopping cashing out bitcoin for Christmas, some should be doing shopping buying bitcoin now.

Black friday, nice, a few minutes a guy posted that this correction was a "christmas correction" anyway, this is a nice way to talk about this new correction.

But, when is it going to end? I would really like to see the price in a new all time high as soon as possible, lmao.

The best options could be undervalued altcoins or bitcoin when its priced relatively low.

When alts like ethereum, dash or litecoin haven't been pumped and haven't gained value for a long time, they're a good buy. Ideally the best option would be knowing when the pump and dump of say litecoin is coming. That option is too difficult and impossible to predict however. Targeting alts when they become undervalued is one good play that has been consistent over the years.

If bitcoin drops to say $10k-$13k it might be a good buy. The price has fluctuated a lot recently. That volatility is better for day trading as there are higher potential profits to be made off of higher price percentage movements. Of course higher reward is typically correlated with higher risk and so the price volatility definitely adds a higher risk factor as well.

Anytime now is a very good buy and even if it dips the more, it is still a good buy. No one knows how long the dip is going to keep on, but I am sure it is not going to be a lot terrible than we are having it already. If you can monitor the charts to watch out for a perfect break out back to the top, or to see how things will work out, then it is good you just buy now or make a decision that suits you. At least if you are buying now, you are really buying at a very huge discount from the ATH bro.

BCH falling in price even faster than bitcoin. This means that the fall in the price of bitcoin is not related to the flow of capital into other currencies. In January to be held the first calculation for futures contracts. Perhaps the exchange I want to buy everything you can buy at a low price. I am sure that soon the price will be above $ 20,000.

I think some people buy another altcoins like ETH, BCH etc. At we see now Bitcoin decreasing. But don't be panic, I sure Bitcoin will be increase again. Just only wait.

Hi,

If you can, I think that wiating is a good idea. The price is not yet the lowest you can get. People are panicking, you can actually make the most of such general chaos.

Though, remember that bitcoin is not only about making profit, ok?

I don't believe that it is a correction.

Bitcoin has been decreasing very aggressively in value at the last few days, and most of the altcoin holders are selling off their altcoins for bitcoin so they can sell the bitcoin for fiat.
They want to go out from bitcoin, but they have to sell the altcoin for bitcoin at first, what makes the price of the major altcoins to go down.

If you want to guess when should you buy, then you should be thinking, when do you think that the price of bitcoin is going to stop decreasing, because that it is going to be the point that the altcoin will go back up.
People won't go in altcoins while the bitcoin is decreasing so fast.

Im focusing more on ETH, Ripple and XEM. These three coins have fit into my mind like sticky notes. Im speculating the prices will rise double in value for each of these coins. The ETH was already though to be coin up above 1K in the next month and the current correction has given the space for more investors to come into the market and put some extra market cap of it. Same applies to other two currency as well but more or less with different choices. If the primary investment was to be done then I will probably choose ETH, then will follow XRP and XEM like that. Trust me every coin will have hard pumping asian but its upto us to which coin we have to stick in first place. :-)

its normal for me, weekend and christmas coming soon, some people need cash to shop. 
maybe yes, time to invest in crypto.

With the current drop in pricing the best tokens to hodl are the following Bitcoin, IOTA, Ripple and Oyster. Bitcoin will always stay on top and we will see green candles by the coming days.

with the big correction going on in crypto currencies what would be the best buy ?