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Topic: Is bitcoin undergoing a correction? - page 3. (Read 1134 times)

newbie
Activity: 56
Merit: 0
November 10, 2017, 01:59:28 PM
#8
Most currencies down today. Good be an opportunity to buy if you can hit at the bottom.

man I just bought some this morning. I feel like its gonna go down a lot more.
member
Activity: 532
Merit: 13
November 10, 2017, 01:50:21 PM
#7
Most currencies down today. Good be an opportunity to buy if you can hit at the bottom.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
November 10, 2017, 01:49:03 PM
#6
Well yes.  A correction is generally regarded to be at least 10% down from the peak.  Considering that the price has dropped from the mid-7000s to the mid-6000s, it's now fell over 10%, so it's pretty much objectively a correction.

It'll most likely continue to go down, which is the importance of HODLing.  Personally I was selling as the price was rising rather than panic selling, but if you're in too deep into the bubble and you're worried about losing money, it could well be a good idea to cut your losses now.

You don't want to get caught up in a bear market if you've bought recently.
copper member
Activity: 882
Merit: 110
November 10, 2017, 01:48:32 PM
#5
So it begins. So buckle up and tighten your grip. Almost all currencies are going.
newbie
Activity: 32
Merit: 0
November 10, 2017, 01:40:40 PM
#4
yes because price rise more than 2000$ in short range so if correction stopped only to 1,000$ it will be very good
full member
Activity: 294
Merit: 100
November 10, 2017, 01:35:27 PM
#3
Its down over $500 from yesterday and seems like its going to go down more. I hope not.

It's a correction long over due...
Let's see how low it'll go.
Some simple TA indicates next level at $6200
member
Activity: 112
Merit: 11
November 10, 2017, 01:33:26 PM
#2
I’m in about 500 bucks, dont have the stomach for this LOL. I can’t image being in hundreds of K.
newbie
Activity: 56
Merit: 0
November 10, 2017, 01:28:25 PM
#1
Its down over $500 from yesterday and seems like its going to go down more. I hope not.
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