Topic: The BIG Bitcoin Correction Is Coming! ( Not Spreading FUD ) - page 2. (Read 979 times)

I mean, to people who have even a little experience in trading, that is definitely fudding, since we all know that corrections must happen, and in fact big corrections (20% or more within some period of time) happen about once per quarter.

For beginners, I agree that it is important to teach them about price corrections, and not to panic, and to buy low sell high. For beginners, it is just common sense so they don't lose all their money when stuff happens.

Everyone here is fully aware that despite the awesome price run (I heard some guy bought 14K of BTC in the morning, and earned 3K already in USD), there will be a pullback soon. We are expecting it, but we are quite happy.

In the first place, new investors should know that correction always have a chance to happened. I doubt they will just enter without any knowledge about price decrease, price dip and price correction. Since then, we all know that while bitcoin price is experiencing a crazy pump, it was always associated with a dump but we don't know how dip it will goes.

Also if investors looks for long term goals and they knows all the associated risks, then they can just hold their coins while the price getting down and add some into their stash to take advantage of it. What if the price will not rebound after it? I doubt it will.

P.S You made me as one of the counted viewers. Nice.

It has become a trend for people to call someone a fud spreader just because the other person thinks a correction is coming. It feels nice that some people here at least maintain a realistic view on this panic buying that's going on. It can't continue endlessly, and currently, people talking about bubbles start to have more right of speaking now. This increase isn't healthy anymore, and we're way past levels what this market should be hovering around in these circumstances (i.e. the market is heavily overbought). South Korean exchanges are now moving over the $20,000 level, which is beyond insane!!

There are a huge amount of people who feel they are missing out... There are also a lot of people who got off the rocket before 10K. These people have loads of money waiting on the sideline. BTC will probably flash crash by 30% from here but then will rebound pretty soon to 20K

Didn't watch the video, not sure what kind of BIG correction you said is coming in the video.  If you said it is gonna go below $11k I would strongly disagree (and since you said BIG correction I assume you did say it would go below $11k). $11k-$12k was the base of this most recent pump after the last correction. Bitcoin always returns to that base. I expect a correction soon certainly, and I expect it to bottom out around $11k or $12k.

Between people being all hyped about Wall St, LN first test on mainnet, and Square expanding bitcoin integration there has been a lot of bullish news and hype this week. While a correction is expected I fully expect the price to continue rising in the near term. Though since that ATH hit all the way up at $19.6k or so it might take a few weeks to get back there assuming no more crazy outbursts.


I just got my mom and dad into buying Bitcoin over the weekend when the price was right around $10k. So they are very happy with their 50%+ gains in less than a week even after it dropped like $3000+ from the high today. My Dad even panic bought some more today when it was around $17k I think haha. But I told them to expect a big correction down to maybe as low as $11k in the coming days but not to worry about it as this is just the way Bitcoin always works.

I tried to make it clear not to spread fear, uncertainty, or doubt in the video. The purpose of the video was #1 to praise this recent amazing run and #2 to warn new investors that corrections after these huge price spikes are common and to hold instead of sell as it goes down. This video really is not targeted at the more experienced crypto investor like yourself.

So you said that you are not spreading fud, but i watched your video and you are only spreading fud, it is a fifty-fifty?


This insane spike has only been caused because the real hype that bitcoin has been having lately because of the cme, wallstreet, japan, china, russia, and so on.
Maybe a lot of people are now interested in joining cryptos, maybe your grandma has invested all his life savings in here because he wanted to have quick profits.

There is a guy on the forum who invested $14,000 on bitcoin on the morning, and he has earned $3000 so far, so where is the spike in here? It only rised because of the speculation, nothing more.

Fud? Probably, but you are trying to warn everyone about the price, and that is nothing that we have to worry about.

I am not talking about that bitcoin will be 1000000000 dollars in a few months like a few people are saying right now, i am just being realistic. it is not going to crash soon, or not even during this week or the next one.

It is normal to expect correction most especially after a huge bull run like this, but I would not expect it to be an extremely massive one anyway. Guess we will just have to wait and see. Nice to make and share the video, to at least make the newbies understand what may be coming rather than panicking when the time comes.

Hello everyone, I made a video talking about how this recent INSANE price spike will effect the market going forward. The purpose of this video IS NOT to spread FUD in any way, but to inform anyone who is new to the Bitcoin investment scene of the correction coming. Im sure many of us long term holder already know this.

https://www.youtube.com/watch?v=i_uCIIDjaP4