Topic: Market correction - page 3. (Read 502 times)
This is unpredictable thing and now price already is down. And I guess now is good chance to buy altcoins with a little packages.
End of Feb if the past 3 years have anything to say about it.
2017 - drop Jan 4th, back up Feb 17th
2016 - drop Jan 10th, back up Feb 20th
2015 - drop Jan 12th, back up Mar 3rd
I have also observed it last year when I thought bitcoin went down on January after a good pump on December (2016) and then it started to rise in the mid-February up to how it was on December (2017). Nothing new. Just another opportunity to fill our bags.2017 - drop Jan 4th, back up Feb 17th
2016 - drop Jan 10th, back up Feb 20th
2015 - drop Jan 12th, back up Mar 3rd
I do not think that we need to be surprised that there is a market correction, because only recently bitcoin cost 20.000 $, this correction is only the result of pumping money. I think big here and there's nothing to say. In addition, to just wait and nowhere to wet
Would there be a big correction happening in the near future, to shake out those weak coins 
Market correction can happen anytime and this is one way that we can avoid the so-called BIG BUBBLE from happening or the collapse of the whole cryptocurrency market. Correction can be painful though specially for people who are hodling on to their coins or tokens but it is just a matter of waiting eventually things can get better...assuming that we are not really dealing with shitcoins in the first place. A project with a good concept that is really providing solutions to some real world problems and manned by people who know what they are doing will always go up sometimes it is just a matter of time. Yes, this is partly done by the market to wipe out those shitcoins that are offering no real value to the market and are just here to make some money via pump-and-dump technique.
That is one factor that coins and tokens are in dipping in consmarketcap that's why they are having some correction that it will affect on us as a holder because of dipping in crypto's. But that is the good news of new investors while dipping of all coins time to stored in your portfolio while it is cheap on the market.
Well, i don't have any idea in big correction happening we all don't know about that but only speculations they have.
I have some analysts and graphic commentators as i'm follow them and they say that will end of correction soon. And they say the price rise in Bitcoin will start. Unfortunately nobody can tell the exact time so i'm buying altcoin little by little.
this is very difficult in guessing but now a very appropriate time to buy invest in the future the market will jump high again there you will get to the advantage
Correction on the crypto market can happen anytime since there are so many scammers that offer coins without real value. Having a market correction is basically healthy in the crypto world.
Would there be a big correction happening in the near future, to shake out those weak coins
Deal with it, big correction might going to happen really soon, just be ready to buy some bitcoins and altcoins on a big dip to make another ฿฿ . Swinging of value is not yet over as of now. Keep holding your coins and believe in your instinct
Get some Tums and Valium - its a rollercoaster of a ride, but solid coin choices have always made me money. Resist the urge to sell low as the market is eviscerated and dont buy as something skyrockets, instead buy the ones you think are solid when the market is plummeting and sell 1/2 when it goes up 50% or more and you will do well. I siphoned off my principle a few years back and I'm playing with profit only at this point.
I also siphoned off profits to buy mining gear so no my profit is generating profit exponentially.
I also siphoned off profits to buy mining gear so no my profit is generating profit exponentially.
Would there be a big correction happening in the near future, to shake out those weak coins
Market correction can happen anytime and this is one way that we can avoid the so-called BIG BUBBLE from happening or the collapse of the whole cryptocurrency market. Correction can be painful though specially for people who are hodling on to their coins or tokens but it is just a matter of waiting eventually things can get better...assuming that we are not really dealing with shitcoins in the first place. A project with a good concept that is really providing solutions to some real world problems and manned by people who know what they are doing will always go up sometimes it is just a matter of time. Yes, this is partly done by the market to wipe out those shitcoins that are offering no real value to the market and are just here to make some money via pump-and-dump technique.
End of Feb if the past 3 years have anything to say about it.
2017 - drop Jan 4th, back up Feb 17th
2016 - drop Jan 10th, back up Feb 20th
2015 - drop Jan 12th, back up Mar 3rd
I have also observed it last year when I thought bitcoin went down on January after a good pump on December (2016) and then it started to rise in the mid-February up to how it was on December (2017). Nothing new. Just another opportunity to fill our bags. 2017 - drop Jan 4th, back up Feb 17th
2016 - drop Jan 10th, back up Feb 20th
2015 - drop Jan 12th, back up Mar 3rd
Would there be a big correction happening in the near future, to shake out those weak coins
it is time to buy worth coins to invest. Once the market green, take a step to make profit. It is good time to make profit when the jump and down is very high. I think if you watch the market it is great time to invest.
Better must be correction than strong shut down. I have no idea why bitcoin still not growth above 12k after good news about LN.
As the others say, no one knows. Anyone who pretends to know how it goes is just adding his/her own interpretion after it happens.
Would there be a big correction happening in the near future, to shake out those weak coins
Expect correction every now and then. Crypto in general is volatile - and it is absolute truth that it is always possible for your investments to go to 0 without notice, for the foreseeable future, until most govt bodies approve the concept. So, whenever you can, take out your original investment, and ride/play the rest.
To be honest no one knows exactly when the price will recover.But when we turn back the history there is downfall in the price at the early stages of every year.So maybe it is repeating in this year also if that case then the price will recover in the first quarter of 2018.So buy more coins as you can and enjoy more profits when the price bumps.
Well those corrections on market are pretty normal for the market is to be healthy. It's a healthy correction for the market to be more stable and we have nothing to worry about. Just don't open/check any exchanges and delete our blockfolio app for us to be not shaken off lol. Just kidding aside. Maybe 3-5 years from now those shitcoins will be shaken off and those who are realy have strong funda will stay.
I am sad because I am pessimistic about the future development of the market. The reason is simple. You know, the heads of states in all countries have been eyeing the blockchain. On the one hand, they want to get the most out of the blockchain technology. On the other hand, they want to forbid BTC and various altcoin to a great extent The deal.
1 its the underpinning to a new secure internet and blockchain isnt going away.
2 every top brain in tech, finance, and industry is implementing it (walmart, amazon, bank of america, visa, etc)
3 you cannot regulate a decentralized currency, especially when a vendor will give you a product for it without ever needing to convert to fiat.
4 governements may not be able to easily tax the decentralized nature of it, but they can tax all the companies building apps running on the blockchain and thats where the money really is.
5 blockchain can secure criminal history, credit history, birth and social security records, medial records, etc...the US government is already looking into adopting it heavily.
6 the stock market and SEC has allowed futures trading on it, and NASDAQ invest 75MM in Kraken
it aint going away - its the future of everything we know.
I personally love the corrections. I always forget each year and get caught off guard, but I take advantage of the bottom and double down on these big dips. Its counter intuitive, but ive been around this world since 2011, and the dips are the time to buy, not sell. Other than investing insome BAD ICOs Ive never lost money on crypto. Sure I sold too early on some stuff back in 2014, but we should look at the corrections as gifts to cost average down and strengthen our positions.
Also we have a ton of money that is itching to enter the market and cant. Bittrex, Kraken, Poloniex etc all closed off new registrations in early Dec. I have tons of friends wanting to get in and cannot. they are currently buying on ebay at 2x the price! We will see a surge as the infrastructure catches up and that new money hits the market. Plus Chinese New year will be over Feb 18 (?) and a lot of that money will flow back in.
Also we have a ton of money that is itching to enter the market and cant. Bittrex, Kraken, Poloniex etc all closed off new registrations in early Dec. I have tons of friends wanting to get in and cannot. they are currently buying on ebay at 2x the price! We will see a surge as the infrastructure catches up and that new money hits the market. Plus Chinese New year will be over Feb 18 (?) and a lot of that money will flow back in.
If there is a correction it will afect all coins not just the weak ones even tho i agree that there are a lot of usseles coins.Many are beliving that there will be one more correction that will push bitcoin under 8k$ but with the amount of tether being pushed out noone can really tell you what will happen
Jump to: