Topic: Correction is coming - page 5. (Read 717 times)
based on underlying value.. id say it would stay above $21k base value and will meander around $30 as the medium term low
Correct go sell your coins at lower prices, So I can buy cheaper bitcoins. During this huge bull run it's definitely normal to see a correction even to lower prices. Even if you look at the TA side of the story it's completely normal to see corrections into the key price levels. In the fundamental side, there was some negative news from US and Janet Yellen the secretary of the treasury said some negative stuff about bitcoin.
It look's like you've just joined the Bitcointalk forum 2 years ago, so assuming (I apologize if I'm wrong) you're a "Johnny come lately", how much do you really know about cryptocurrency to be giving out financial advice? What kind of inside information could you have to possible convince people that they have to sell their coins right now? Where are your receipts for these wild claims? I'm not saying that your wrong but, we probably are do for a correction but you've got to be kidding me? This kind of talk sparks panic in the community, it is the start of a F.U.D campaign "Fear, Uncertainty and Doubt".
Don't give up brother, remain optimistic in the face of uncertainty. At least drop some trading view charts (technical analysis) to support your claims.
Just my two cents
Don't give up brother, remain optimistic in the face of uncertainty. At least drop some trading view charts (technical analysis) to support your claims.
Just my two cents
Although Bitcoin is still volatile, I believe that its long-term outlook will still be good and it will be maintained.
Because the prices have come down, it has become easy to buy more coins. This is a good thing.
Because the prices have come down, it has become easy to buy more coins. This is a good thing.
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
Bitcoin exchange rate is currently approximately $47,550 USD.
You are stating that it will be $23,775 (or less) at some point between now and May 23. Correct?
Are you 100% certain of this? If you are wrong, are you willing to pay me for all the money I lose by taking your advice? If not, then why bother wasting all our time with your nonsense?
Are you certain enough to make a bet on it? We can both put $1000 of Bitcoin into escrow. If the exchange rate drops below $23,775 between now and May 23, escrow will be immediately released to you. If it does not, then at 00:01 GMT on May 24, escrow is released to me.
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
You must be new to all this if you think that this is beginning of a huge dump. Absolutely nothing special happened now other than a healthy correction which was bound to happen sooner or later. Unless you really know what you are doing, best is too jeep holding bitcoin because chances are that you will end up with less bitcoin than you have now if you decide to sell now and buy back again. Instead, just keep holding and not to worry about this.
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
What, that's it? Nothing to support your assertion? To say it sounds pretty thin would be an understatement. I'd expect a correction after such an impressive bull run, sure, but where is this 50+% figure plucked from?
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
Good! I can buy more!
Even if the market continues to fall, I don't think the levels will fall below last year's levels, that is, even after this adjustment, if you had coins from before, they would still have generated a profit for this year.
I personally prefer to keep until the next bulls on the market.
I personally prefer to keep until the next bulls on the market.
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
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