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Topic: Correction or Depression - page 3. (Read 642 times)

newbie
Activity: 105
Merit: 0
July 01, 2018, 06:00:37 AM
#52
Now we can observe absolutely normal correction of the crypto-currency market. You need to wait a little, that the crypto-currency market has recovered after a sharp increase.
sr. member
Activity: 658
Merit: 260
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July 01, 2018, 05:39:44 AM
#51
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Just look around you now. As we have entered into the Q3 sphere everything has got changed dramatically. The crypto depression which was sited by the analyst is now has got changed into excitement and it can give us huge up trends coming along the way sooner than we think.

I think its just that crypto currencies are really cyclic in their behaviour and whenever the time is right then they will put themselves in the down trend and in the other time they will start with up surges like the current one. I believe massive correction is coming soon.  Cheesy
sr. member
Activity: 588
Merit: 256
July 01, 2018, 05:33:24 AM
#50
I think this is depression, what I saw in the market this month is very, very sad, although right on this day the market is in a period of green, then showing improvement, but I do not know if the green market will continue, some time ago continuous correction happened and it made me think that this is depression.
Could be, this is depression because many people panic with the state of declining market trends, so they worry the downward trend in market prices will continue. along with many people who make sales compared to buying in various market exchanges, then it can affect the movement of market prices so that the movement of market prices always be at a low point.
sr. member
Activity: 578
Merit: 250
July 01, 2018, 01:46:24 AM
#49
I believe that we can spend the entire 2018 year in correction. and it will be a healthy market behavior. what people want and what actually happens can be very different and you have to get used to it
sr. member
Activity: 805
Merit: 250
June 30, 2018, 09:17:05 PM
#48
Cryptocurrency is on correction because, there are still issues needed to be tackled by crypto organization, for example they hacks and false news,but they future is bright for cryptocurrency
May we stop listening FUD's and hacking news which din't have any proofs of happening. It is better to move on and be positive always. Of what happen in our market, it looks like is on preparation for an another spike as we wait for it for many days. I don't think if pumps happen in 3rd quarter just like of what happen last year.
newbie
Activity: 88
Merit: 0
June 30, 2018, 09:02:53 PM
#47
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

I wouldn't call it depression. I guess by now everyone really understand how the market works. Specially for those irrational buyers in December. They thought that the dramatic rise would go on forever, sadly after that bullish run every falls and we are still down more than 50% from that all-time-high. And with all the governments and regulations being put up, we still need to brace for more sideways or even a downtrend.

But if you have been engaging i crypto for at least more than a year, I'm sure that this downtrend you learn from the past. We may be experiencing a crisis, but just one positive news will turn this market around. So to answer you, I think that this is just another test and the market will see a recovery soon specially news like Lightning Network being rolled out.
This is answer is right to the point. thank you.
A++
hero member
Activity: 840
Merit: 500
June 30, 2018, 06:59:33 PM
#46
It's a really indecisive situation, whether depression or correction, it's not very clear to point out which. Early this year during the dip, everyone said we are in for a correction, after some months, nothing was really nice. With the way bitcoin is going back and forth these days, I think it's depressing but I hope it's not.
Very honestly a little depression is there, although i was also thinking about it and was taking it as a correction, but i think that correction cannot be for such a long time, i think that investors have lost their confident a little and that is why there is a little depression, i think and hope that we will pass away from such situation very soon.
member
Activity: 392
Merit: 10
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June 30, 2018, 05:26:49 PM
#45
It's obviously correction. Yes, some correction end at a short time and some end at a long time. If you are familiar with any trading system then you must know short correction create short trend after the correction and long correction create a long trend after the correction. Yes, the market is not in depression but there are some peoples in depression because of the knowledge about cryptocurrency.
There are many investors who devote their entire time to the cryptocurrency market and they constantly keep track of the chart of the coin and I think it is the big cause of many investors feeling depressed. Let's have a more rational investment approach to success. I often choose the coin for long term investment and I feel it suits me.
newbie
Activity: 30
Merit: 0
June 30, 2018, 04:47:41 PM
#44
Cryptocurrency is on correction because, there are still issues needed to be tackled by crypto organization, for example they hacks and false news,but they future is bright for cryptocurrency
sr. member
Activity: 1190
Merit: 256
June 30, 2018, 03:25:59 PM
#43
It's a really indecisive situation, whether depression or correction, it's not very clear to point out which. Early this year during the dip, everyone said we are in for a correction, after some months, nothing was really nice. With the way bitcoin is going back and forth these days, I think it's depressing but I hope it's not.
hero member
Activity: 2968
Merit: 687
June 30, 2018, 03:20:06 PM
#42
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
You would really expect from those experts to have those words regarding on their analysis on the market which i do see its normal to watch how a market correct its price. We do see on how fast bitcoin did able to reach ATH last December or last months of year 2017 and we can even say that it is a bubble because none thing of this world would able to move that fast in a short span of time which its normal for it to correct and now we are on sideways or even on the bottom side of bitcoins price.
newbie
Activity: 84
Merit: 0
June 30, 2018, 03:02:14 PM
#41
OptiToken going to open at like $4 people saying
hero member
Activity: 1666
Merit: 502
June 30, 2018, 02:59:28 PM
#40
I think this is depression, what I saw in the market this month is very, very sad, although right on this day the market is in a period of green, then showing improvement, but I do not know if the green market will continue, some time ago continuous correction happened and it made me think that this is depression.
sr. member
Activity: 644
Merit: 250
June 30, 2018, 02:19:35 PM
#39
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
Many have called it a bubble bursting. But it is just a correction else how Bitcoin is maintaining its price above the decent level of $5800. Bitcoin underwent a ridiculous price hike in December and has returned to the price before the hike and isn't going below to that level. This is called as correction stage and not a depression. We still have new investors waiting and willing to invest.
hero member
Activity: 2268
Merit: 579
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June 30, 2018, 02:13:40 PM
#38

The analyser are wrong because the correction that happened this year also happened in the year 2016 and it was inexperienced cryptocurrency trader and investors that see the market correction as something bad. Although, the correction usually happen through the act of the whales but something good usually come out of it.
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 30, 2018, 10:48:31 AM
#37
It's obviously correction. Yes, some correction end at a short time and some end at a long time. If you are familiar with any trading system then you must know short correction create short trend after the correction and long correction create a long trend after the correction. Yes, the market is not in depression but there are some peoples in depression because of the knowledge about cryptocurrency.
full member
Activity: 980
Merit: 114
June 30, 2018, 10:20:38 AM
#36
Bitcoin was making a great move last year and some speculators from here warn us to becarefull and that it is going to fall in 2018 and makes a big corrections.  I believe that this is what is happening in the market: Bitcoin is making big corrections and we have to wait before another bullish conditions.
newbie
Activity: 149
Merit: 0
June 30, 2018, 10:04:58 AM
#35
Yes, I think it has something to do with it. Back in the time in Q4 of 2017 the market has been very bullish where it gets to pick up much attention to the public but as of now it kinda depressing that the value/price decreased and stay in the low for a long time.
newbie
Activity: 167
Merit: 0
June 30, 2018, 09:56:03 AM
#34
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
It is not depression we are aware about cryotocurrency that can go to the market correction after that it will come to the depression.
hero member
Activity: 2660
Merit: 651
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June 30, 2018, 09:42:28 AM
#33

In my opinion. Cryptocurrency is in a certain state because this is not the first time where cryptocurrency will go through market correction and when the market correction occur it does usually comes with depression. Because no Testimony will happen if we don't go through a Test and if ones is not Tested he/she can not be Trusted. This is why I always advice people to invest into coin or ICO with genuine utility and buy dip.

Therefore, there's nothing worst in market correction cause it just a room for new more profit.
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