Topic: Market correction before bull run - page 9. (Read 985 times)
In my view, market correction happens after each bull run. This is when investors begin to cash out when enough profit has been made from the rise in price. The sell orders outweighs the buy orders - the reason why the price comes down eventually. If the correction stage becomes very intense, thus when the dip in price becomes huge, people begin to panic sell and the price goes down further. This is what caused the long bear market after the December, 2017 bull run.
If the crypto price drops for a long time, it is no longer a correction but has entered a downtrend. And in the current situation crypto is experiencing a significant downward trend, this is the worst in my opinion. But I also think that the era of the downward trend is almost over, because in terms of fundamental analysis and positive news, crypto has shown that it will soon get a bullish trend.
It is quite funny that up to now, people are still hoping very big that bull run will going to come ahead in 2019.
the recent increase in the price give people a hope that a bull run will come but unfortunately the price did not continue to move up . what happen instead is the price remain stable which is also a good thing because people still earn a good income than compare to the previous month when the value drop hard .
While everyone say the basic of trading is to buy low and sell high. However, this is difficult to achieve since there are emotions involved.
not just emotions but financial problems are also involved in here . its really hard to follow the basic rule of trading which is to buy low sell high , if you cant buy your self a coin in the first place because you dont have or your budget wasnt enough .
The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
It is quite funny that up to now, people are still hoping very big that bull run will going to come ahead in 2019. Well, I think what we need to consider at this time is to make profit without the influence of bullrun, just be hard working to earn profit through market despite of its condition.
Well, I dont blame the newbies because most of them have not enjoyed the bull run for once, they only heard of it. And they can't wait to experience one and be refreshed from their little stress. It may not be quite interesting to be doing a dry projects while some of them were motivated by the reward they had seen on some people.
And when market recovers then same 'nagging' people will buy and will learn their lesson, and when this newbies become experienced there will someone else on their place, never ending cycle.
Bull market will be back over time but it can take some months before market gets highly speculative like late 2017. Taking bitcoin as proxy for the market, current market correction resembles bitcoin's 2014-2015 correction a lot. Going by that, it can take some months for bitcoin to slowly go back towards its old highs.
The good thing is of course correcting the market before the arrival of the bull run even though the market conditions have not stabilized, remain optimistic that the bull will come even though we don't know when it happened, the most important thing is that you remain optimistic and confident that it will run smoothly again
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but the newbies are the ones complaining and nagging about the market prices.
but the newbies are the ones complaining and nagging about the market prices.
That's normal, crypto newbies just thinking when lambo and when moon. What they want is a quick buck and they don't care about the market situation. Let them learn by themselves, they will understand soon.
Experience is the best teacher...
This is a natural thing if many beginners complain about market price conditions. But they must be lucky enough because they come when prices are low. And I'm sure if this market will slowly begin to increase. And with the current situation, it's better to invest.
The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
I agree with you. Its basically the reason why market now is very stable and don’t have any signs of hiking up nor been down for too long and deep also. Seems like what happen on 2017 is just a mere hype volume coming from investors who are still experimenting the outcomes of investing in crypto.Now is the result of the big big dumping coming from them and get out of crypto but didn’t at least drain the market totally.
While everyone say the basic of trading is to buy low and sell high. However, this is difficult to achieve since there are emotions involved. However, you will be able to face this easier when you are used to the crypto market price volatility.
The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
The issue most times is not just about people buying the bottom, but that most times, the market is being manipulated.I can still relate well with the ordeal of newbies, because they are most times the victims of dump.
Whenever some of them invest in a coin, no matter how low it is, they would see it go lower, because whales are dumping on.
So they have nothing to do, but to complain, until they learn the needed lessons as well.
Of course it will be difficult to correct the market before the bull is run, while the bull itself does not know when it happened because it cannot be predicted, there will definitely be bulls but the time no one knows, what we can do is wait patiently for the time to arrive, and still carry out your work as usual
This year, can't really sure what is that correction period or something like that, since the condition keep on fluctuating up and down so much.
So judging that condition will makes it hard to check if it really a correction or not.
So judging that condition will makes it hard to check if it really a correction or not.
never know when a bull run will occur, whether this year, next year, or when it doesn't know. market is difficult to predict. what is clear is, when the price is cheap then buy it. because someday if there is a bull run, we already have assets to sell.
The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
The correction what you said is already happened last year now the price is in the range of $3k to $4k and we cannot known when bull run will happen, we see some slower increase in the last few days but it's turn back in just hours this correction are really irretating/overused for so many days maybe we can see something happen this year.
The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
All these newbies will soon realize that, after the bull run comes and they have analyzed, that cryptocurrency is alive and kicking and the bull run will happen to give ample time to correct the market, the chart proves it and will prove it all over again.
Most of them just ride the hype not really knowing the foundation of crypto. Bear or bull run, if you know the crypto market, you can always benefit from it. You don't need to wait for the next bull run or so to make your profit. There are so many ways on how to gain from this situation.
Market correction has been overused already. And sometimes this correction we are talking about might not be the real correction that we are experiencing. We will find out that years later.
Are you referring to the prices of Bitcoin and some Altcoins?
If so, I agree with your analysis of these regrets of beginners.
But in practice, since when I joined in Cryptocurrencies and even before. There's no Altseason a long time!
Please, I'm not referring to appreciation against the USD!
This dynamism happened because Bitcoin appreciated against it and not because the other coins appreciated against Bitcoin.
The alternative cryptocurrencies do not value for years and this has nothing to do with what happened to Bitcoin in late 2017!
This valuation did not happen because they do not have values that they believe they have.
If so, I agree with your analysis of these regrets of beginners.
But in practice, since when I joined in Cryptocurrencies and even before. There's no Altseason a long time!
Please, I'm not referring to appreciation against the USD!
This dynamism happened because Bitcoin appreciated against it and not because the other coins appreciated against Bitcoin.
The alternative cryptocurrencies do not value for years and this has nothing to do with what happened to Bitcoin in late 2017!
This valuation did not happen because they do not have values that they believe they have.
because the correction that occurred in Crypto is done very long for almost 1 year, there are more price reductions if we see a rise in prices in 2017, but many people judge that this is normal in crypto because every year there will be such a cycle and then for 2019 whether prices increase even prices will drop back like last year?
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