Topic: Cryptocurrency market to suffer from strong correction - page 2. (Read 2125 times)
yes you are right and I think this is a very normal movement because after experiencing a very high price increase it is very reasonable if the price falls and corrects this badly, and it depends on your mentality that is still strong to stay or sell your assets which of course will make you lose.
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.
On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.
Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
This was predicted since last year and whoever is predicting it now is coming late cause it’s already happening before the month of May the op posted this. Price is already down and I don’t think there is any coin that survived it, not even Bitcoin, Ethereum, Litecoinor any altcoin survived it. Bitcoin has fallen from a price close to $20k and down to $6k +. That’s a huge fall. Same thing was what happened to ETH and the rest. On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.
Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
yes you are right the cryptocurrency price at the exchange place now seems to be suffering because the price is currently collapsing and being very cheap, the volume of bitcoin is also getting lower this is probably bad news for traders and as a test to stay patient.
It sounds so horrible what happened on the coin market lately. The market has not yet improved. There has been no significant change. Prices are still and down like playing the heart of crypto traders.
Crypto traders are also wonder what is going on. Why the market is so red and when will good times come so that can make some money. Ups and downs are now the nature of bitcoin. When there is a little bit raise in the price, the next day people see more dip in the price. This situation is not bearable for investors because they are stuck between the ups and downs of bitcoin price. 
There's nothing to worry of fear about cryptomarket suffering from strong correction for it will help maintain a reasonable price, rather than seeing cryptocurrencies with market price. In other words, cryptocurrency correction brings healthy result especially to new crypto investors as the price is not so high giving them chance to expand their crypto portfolio.
I think these are the stages of development that emerging markets like cryptocurrency need to undergo in order to grow more stable in the future. I believe everything will stabilize once it reaches the required coverage. There's nothing to worry of fear about cryptomarket suffering from strong correction for it will help maintain a reasonable price, rather than seeing cryptocurrencies with market price. In other words, cryptocurrency correction brings healthy result especially to new crypto investors as the price is not so high giving them chance to expand their crypto portfolio.
If you want to take the real advantage of this correction period then you should buy low and sell high, red day of bitcoin should be taken as an opportunity than selling for panic, it is good to invest more and sell nothing at red, those who has not enough money will have to join campaign as well, so it will keep them aware of market situation as well as about the changes and correction, so hoping for the best soon the price of bitcoin will recover and will be high. Yes and I'm very believe after the corrections everything will go back to normal
Indeed it will happen price and value of bitcoin will recover very soon because it is spreading all over the world, correction is good for anything we have in our life so better to make investment soon we will see high price then we will be happy for making such wise decision, all kind of corrections will soon over and it will be only profit left behind so better trust our skills and keep investing even in time of correction.
There's nothing to worry of fear about cryptomarket suffering from strong correction for it will help maintain a reasonable price, rather than seeing cryptocurrencies with market price. In other words, cryptocurrency correction brings healthy result especially to new crypto investors as the price is not so high giving them chance to expand their crypto portfolio.
Could it be nevertheless regarded as the modification in the event that this drop beyond it's cost prior to this spiked greatly? Simply because I do think it's not the modification, however, an accident through celestial satellite to a planet. There isn't any modification about this 12 months personally however just failures as well as uncommon recoveries.
Yes and I'm very believe after the corrections everything will go back to normal
I think the cryptocurrency price in the market has experienced a very strong correction because before the price of bitcoin prices that had soared up made prices have to have a very high correction as well and maybe a pattern of bitcoin price movements will occur from the incident.
I believe in the potential of bitcoin in the long run to give a sweet value based on real life adoption and usage, but assuming a strong correction like the OP said, or just assuming a huge price for the future, is just what has turned this market into a purely speculative market and that is not helping.
Yeah it is right and that is the reason that people are not investing in bitcoin. This attitude will continue for long time. People will wait for the good times and good times will come when people will invest in bitcoin. Both are waiting for each other. When the investment cap goes up the strong corrections will also diminish, but the problem is that people are waiting for corrections to stop.
It sounds so horrible what happened on the coin market lately. The market has not yet improved. There has been no significant change. Prices are still and down like playing the heart of crypto traders.
I believe in the potential of bitcoin in the long run to give a sweet value based on real life adoption and usage, but assuming a strong correction like the OP said, or just assuming a huge price for the future, is just what has turned this market into a purely speculative market and that is not helping.
At the moment it looks like the strong downfall has stopped but that still doesn't mean that corrections are over.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
I agree with your strategy and I prefer discipline to get a 1-3% margin for each transaction even though the market fluctuations are very large and this remains profitableJust at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
At the moment it looks like the strong downfall has stopped but that still doesn't mean that corrections are over.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
I agree with your strategy and I prefer discipline to get a 1-3% margin for each transaction even though the market fluctuations are very large and this remains profitable
the correction has since been happening, I hope the market becomes stable soon and prices begin to appreciate
At the moment it looks like the strong downfall has stopped but that still doesn't mean that corrections are over.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
Just at the first glance it looks that market is more stable now but this can change any time so it would be wise to use to buy more coins. The correction will not last forever so be prepared when the price start to rise again.
I agree with your strategy and I prefer discipline to get a 1-3% margin for each transaction even though the market fluctuations are very large and this remains profitable
I do not believe that FUD is causing panic so people should calm down
Cryptocurrency is essential in the development of technology and in the future
Cryptocurrency is essential in the development of technology and in the future
I wonder what the best source is "out there" for reliable data and analysis on the crypto market development. Do we know ho much VC's hold and what (and when) they do with their investments?
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