Bitcoin Forum

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Yes, the bubble in 2017 had to be corrected and balanced out for Bitcoiners to make some profits in 2019. Even the stock markets has to go through some correction phase, now and again. I think we have reached the bottom end of the correction phase and we are going to get into a Bull market soon.

I hope Bakkt will be the trigger for the Bull market and it will push us back to a even higher ATH in 2019.  ;)

I also agree. Many of us though that bitcoin was going up too fast at the end of last year, now it seems closer to its “fair value” so to speak. I quite like it that it’s been in a flatline for a while. I would obviously prefer that it did go up, because I hold bitcoin but not it seems more like a normal asset and not a bubbly one.

That's how it should go and as of now we're not hearing any FUD anymore about bitcoin being a bubble, atleast they kept quite.
You mean price? value and price has different meaning so if its the price $6,000 seems to be perfect at this moment. If the upcoming events would start to push bitcoin price up then $10,000 is possible before this year ends.

Seeing the fall of cryptocurrency price of 2028 as correction of the prices is a perspective but I could reason with you in that line only for a while. But I will further disagree because most of the current token prices are really below the normal price being sold. So, conclusively, I don't fully see the price fall as a correction but a passing phase of bearish markets.

The correction made the value to be more stable and this is what we are experiencing and I think it's already done. Still the value doesn't move much and we only have 2 months more before the year end. Many of us are hoping to see  a bullish market this last quarter so let's see if it would happen again in order to at least gain some good amount of profits.

Bakkt itself won't do much in the short term considering how they are using the OTC market to stock up on coins. It's very likely that they have enough coins already to last them a good number of months.

I think it's more likely to see the market react in a negative manner to Bakkt with how people think it's such a big deal, while its effect on the market won't be felt immediately. Don't get me wrong, on paper Bakkt is a big deal, but there isn't much to be bullish about in the short term with the aforementioned in mind. The other side is that we don't even know if there will be enough demand, because the demand for crypto is known to be very low during bear markets.

Coinbase already took out its index fund due to that. Bakkt in case the demand is there, will affect the market after a couple of years. OTC market -> spot market are different worlds.

I hope that makes the panic men be calm again. ;D
But I dont think so.
There might be a dump that happened that we dont really see which took place in an exchange that is not that much monitored or they scattered it.
From 19k USD price of bitcoin, it didnt fall in one blast. It was a  slow process and it got here in our price right now in months.
That is surely a dump. I dont believe in corrections.

Yeah, that's generally how it works with speculative assets. Speculation outpaces underlying demand, then supply eventually overtakes the market and creates a distribution cycle. Traders often say those who bought into parabolic price action based on hype need to be punished and shaken out of the market. Eventually, the corrective or bear market shakes out most of these "get rich quick" speculators and the price reverts to the mean/original long term trend, which is more closely tied to the true underlying demand for BTC.

Yes, I agree with you that 2018 is a year when almost all crypto currencies undergo massive corrections, this greatly affects the mentality of new investors who have just entered in 2018, this makes them very confused to take the attitude of price movements, they finally sell panic for fear of experiencing a deeper loss, this panic selling action is certainly a trigger for deeper price corrections, I hope the next year will be a year where the price of crypto currency is very potential

Many people think that 2018 is kinda similar to 2014 and 2015 for bitcoin.The only difference is the bitcoin price.I expect that 2019 or 2020 will be the big bullish year for bitcoin,just like 2017 was,but we need some impotant things to happen.China and India have to adopt crypto again and btc futures trading should be banned.

I think it's not only correction to be considered but also the people see profit on their investment already. In other words, when investors see the price soar high last December 2017 they sell their coins and that the reason why the supply is abundant and the price drops.

Eternal growth of the price can not be and should not be!. Investing in any assets has never brought such big money as in cryptocurrency, and now what we see is a natural process called correction.
The increase in the price of bitcoin and all altcoins by hundreds of percent is an exaggeration, so I expect a further decline in the price to 4000-4500 dollars. Investors are afraid to come to this market if the price does not fall because the risks are high. And to reduce risks and attract new players it is necessary that the price was even tastier. Only after that we will go up.

Bitcoin this year has experienced a different decline in the past year where bitcoin was above the peak, but in the coming year I am sure bitcoin will definitely rise because bitcoin this year is clearly above the average bitcoin price because it has an impact on several countries banned crypto as a payment error and there were also several crypto advertisements which also closed in promoting crypto.

Even though this year the price of bitcoin fell down, don't let yourself panic and think bitcoin will not be able to return to a higher price, still believing bitcoin will be able to increase and hold for future profits.

2018 is a year of overall crypto price adjustments, but with regard to bitcoin it stays at $ 6500 so it's likely that there will always be 2019 for all crypto to get a good market, to stabilize their prices.

I agree that 2018 is the year of corrections because of many expectations expectations that are frustated.lts really a lesson to us how to manage coins now.As they say experience is the best teacher that will correct my past.

Most people who have been in this space since at least early last year know
that we have achieved correction at this stage of 2018 and IMO it is a very
healthy place. There are some people who are still suffering from the ATH
back in January and are either calling the current state of crypto a disaster
or are looking for favourable predictions on the next bull run.

there are two different things here to talk about.
bitcoin and the predictions, altcoin and the predictions. i completely expected the altcoin drops to continue this long and i actually expect it to go on for a longer time even after bitcoin price rise eventually begins. it is always like this. when they pump and then dump the altcoins, that dump makes many newbies to either go away entirely or they stop investing in altcoins. in both cases the next pump will take a longer time to start.

bitcoin is a separate thing. i did not expect the bear market to last this long but i am still glad that the "drop" part of the bear market was very short (a couple of months) and it has been over for a long time now. the stability that we had for over 2 months shows the end of that bear market and that is a good sign.

We still lucky because bitcoin prise not too low but it is quite stable now. Time will come,maybe next year bitcoins value will be more higher than last 2017. Let's just wait and see. Only time will tell if what will be happen to bitcoin and cryptocurrencies.

What is bad year? There is no such thing like bad year because what happens with the crypto currencies is the output of surrounding nature where the investors matters, government decisions matters and much more things. This year things are odd because major decisions are being taken on the matter of ETF by SEC and the increased SEC involvement into the Cypriot currencies is actual thing making people uncomfortable to make the investment into it. May be this is why it is taking longer than usual for the crypto to overcome the current situation. This is just my opinion about it because there is no other thing which is as big as this one.

Almost everybody is predicting that this year will be starting a bull run again, and that is why big manipulators doesn't want you people to be with that so they will try to make you wait until everybody losses hope and get out of the market.

i think that to bounce as high as possible it can happen, given its bright future. but indeed during 2018 a deep correction occurred, and finally touched 61% on Fibonacci

Don't ever look at what other people are saying. When most people were saying that Bitcoin won't go below 10000 USD it went. When they were saying that the bottom at 6000 was reached we went lower to 5800. When they were saying in August that Bitcoin is rallying again and the bear market is over it went down a day later.
A year of correction is not something new or uncommon. 2 years of correction like 2014 and 15 would ba a bad thing.

I agree that it is fair that the market faced a huge correction, but it's been a really long time now with no real perspective of things changing for better. As for Bakkt, I don't know, it looks like another proposal that will get rejected. And from what I read Bakkt is just about some other bitcoin futures, and futures are not very healthy for btc, since they tend to ignore the real price and completely manipulate it by agreeing on things in advance. This can be confusing for people who will try to trade btc for the first time. And besides, SEC rejections do make sense, because bitcoin is not any kind of stock (security).

BAKKT is being operated with REAL bitcoin’s people say this makes it different. I don’t know, we’ll have to wait & see.

Well, the mathematical and historical forecast has not yet come, it indicates the year 2020.At the moment we are in a zone of consolidation.Excellent price level +-6000.If we still hold on for about a month at this level, then it will become too strong.The time of movement at this level is unknown, but the longer it goes the stronger the growth.

Overe valuation of  token  in 2017 is what lead into the long  period  of correction in 2018, the future  is sure positive for the cryptocurrency platform , now is the time to keep investing as we are sure to experience the bull run in 2019, strategic investment is what will lead to an overall success in the bull period.

The market can grow constantly, the falling in this year is natural process without which new cicle with new bull run can't happen. Only sad that a lot of people bought on the high because hype and lost their money, most of them are usual people that believed in crypto.

It is very obvious that 2018 is the year of price correction for cryptocurrency because of an over bought and too much hype last year where even technical analyst was also surprised and always reminding us that this is to be expected. Even stock market experience huge losses this year so it will also be applied to cryptoccurency. This is for a healthy correction and we just have to be patient instead of crying or turning our backs to cryptocurrency.

If you analysis the price fluctuations of bitcoin in this year . It's seems to be the 2018 is the corrected process as compared to the last year .But the small fluctuations happened every month of this year.We will hope , atleast a new changes will occur in this year and it will forward with the next year. Hope we have positive movement in the upcoming year.

This is very reasonable if the price of bitcoin experiences price corrections this year due to the condition of the price of bitcoin in 2017 yesterday prices soared so high and currently the price of bitcoin falls when in 2018, but I am sure that in 2019 the price of bitcoin will up again, because the cryptocurrency price will experience an up and down movement, so you must be able to use the situation as best as possible to get a lot of profits.

Rightly put. I don't think anyone saw this dip getting to this point and day. It has surpassed predictions by months and we actually don't know what next. To be candid, I don't even look at how battered bitcoin has become. I just wish other cryptos can just push up, even if bitcoin doesn't. Look at the CMC now. All the cryptos getting listed daily there don't even get up to $1 value. Most of them are in tenth of cents or cents. It's a sad one.

This is indeed a bad year for crypto currency and digital assets cause even a major investor pulled off in a cryto project in the last minute that's why the price surge to 20000 dollars but quickly plunged. But even so bitcoin has positive news like canada and Australia accepting it as payment. Goldman sach invested in crypto currency. Maybe crypto's are preparing for a big bullish run.

people only make predictions and speculations, while what happens in the market is in accordance with the real conditions on demand and supply. You don't have to believe completely with the speculation of a lot of people outside, believing in your own calculations is better, I just hope this year there is at least a recover that can lift the price of bitcoin back to $10k, this is not a prediction, this is hope

   2018 the year of correction of the market? It maybe interpreted as such, but one should remember the nature of the market, it is unpredictable, no one knows what to expect during the trading market, it the volume of investment that really matters which sometime served as indicators for market price value of such coin to goes up or goes down. Volatility of the market is another thing to consider, we still have two months to wait for our final market status....

If we look at the experience of the previous few years where prices Bitcoin always increase dramatically 4 years once, if in the year 2017 priced Bitcoin has increased very hard, then 4 years later will back increase dramatically again, so I think It will happen in the year 2021.

beside the prices up and down it is important to us that we should be clear that 2018 is the year of bringing back bitcoin to it's actual price like now the price is $6,404 and it is true that price fall is not a problem but with this the market recover and in this whole year the price is corrected and if we just say that price rise is good where we will go.

Seriously I agree with you and 2018 is actually the year of correction and it is very important we should know that.  For the traders now provide us with another opportunity to buy and hold for long term.  I believe if you can buy bitcoin now you are going to make good profits in years to come.

True that. I mean BTC it self pumped up toalmost 20,000 USD now we are suffering from that enormouse spike with a year long price correction. In hindsight, i think the price adjustment or correction is over soon. In the mean time, i myself just by Bitcoins and Ethereum left and right. Who knows when the bull market starts right?

For both Bitcoin and markets, people have been saying this for years. So many people used to tell me that the stock market has historically crashed every 8 years, and yet it hasn't always held up.

People like to predict, but TBH no one knows 100%.

You can call if whatever we what, but what we witnessed last year was a bubble that is ready to be burst so it eventually pop and we all know what happened to the rest of the year. So yeah might be a correction year not just in terms of price but the attitude of the investors as well, majority of fomo is gone and what's left is stronger hands and smart investors.

2018 was a good year for cryptography. In this outgoing "bear" year, many events have occurred that will positively mess up on cryptography in the future.

Maybe you are right about it but we should consider the investors who dumped their coins during the time that the price was overreached. Ofcourse, investors would dump when they see a huge profit on their investment which would make the supply abundant and of course the price would drop.

It's true, we may see the bad side for this year with this bear market but it will deliver benefits in the future. It can possible to be seen on 2019 and so on. While halving will come on 2020 so that can affect the price perfectly. Bear now, bulls later.

I don't think investors will do that since they are aiming more and more profit rather than of losing. Investors are having a big role in here, they do the market work good as well as the participation of the community(users) and without them, it absolutely crypto will never survive.

looking at the charts in 2014 is the same as 2018 so I think until the beginning of 2019 the price of bitcoin will experience a continuous correction then at the end of 2019 the possibility of bitcoin prices returning up slowly

Well, last year, we also had a consistent year for the bulls, so in this case, we just have to assume the bears also have to show they are not that impotent in the space as well.

Actually, for the most part of this year, it was a pretty full blown corrective year, even though we still had some up and down moment in between, but it is a pretty healthy one to me as far as I am concerned, which is actually good. For now, I guess we will have to wait and see how next year or towards the end of the year would bring.

Yup, it could be the year of correction. You can be more careful about your investment. But the providers should also be careful about their investments and its potential growth. The security system should be increased and the protection against the hackers should be more accurate.

Even though the year 2018 is not over yet we can say that it has not been really pleasant if you bought during the peaks, however this does not mean a whole year was spent "correction" considering only the first 3-5 months has been bear and dropping whereas all the other months have been about the same price and that means it is not a correction in the sense that the price drops to what it suppose to be.

If we take the word "correction" as dropping or increasing to the rightful place than we can say that only the first months of this year has been like that. I think 2018 is the year of "idleness" because most of this year has been around at 6 thousand dollars and 7 thousand dollars, we have spent more days at these range than any other price which means 2018 has been a "stagnant" year.

I think you are right. We are now seeing a low but fairly stable price after last year's skyrocketing. I hope we see a high but stable market price in the next year.

This has been mine stance on the launch of BAKKT and the amount of OTC trade going on is affecting the volume on main exchange and if this persist this way I don't see how the price will pick up. What I see here is that there are a lot of invisible hands in play now and retail investors are feeling like a pawn in the hands of the institutional investors

The dominance of bearish market this year is really painful to others because of the fact that they bought some last year and really continue to hold while watching bitcoin price crashes into an unexpected price level after hitting new ATH last year while others force to sold at lower prices.

But on the brighter side, it's really a good thing for me that this crash happened so we can see what is really the "real" bitcoin price without the involvement of hype of fake pumps. I think we now know at what price level we can considered as strong point of bitcoin price and we can used that as reference to help us to plan a better strategy.

As always, people just have to remained patience and don't rushed things.

In crypto world and in real life as well. The world has been seeing a lot of countries and companies and even the stock market in general a drop and because of that the general wealth of the world has been getting down really a lot and that of course affects bitcoin world as well. When a regular person has stocks and has been investing smartly do you think he would consider putting money up on bitcoin as well when his "safe" investment is going down ? No. He will consider that when he is making a lot of profit from it tho.

So this shows us that the more wealth there is around the world the more people will get into bitcoin, we have preyed on the fact that there has been x10 profit makers in the crypto world so others should join and put their money into crypto and make x10 return themselves too. Now we need to show them how we are definitely better than stock market.

In my opinion there is not enough paper money to calculate it out, because folks are going to wish for the price to rise again at every price. Everybody just care profitable assets and stopping in any price is worst than price dropping.

In the end of last year, we were truly going to a level, which I also thought, that it can not continue forever, and so I started to feel the market cap of Bitcoin is growing too fast, but there must be a limitation. But this correction what we are experiencing now, it is something I did not want to see, even if it is healthy in the long term, simply too long :)

When i compare this year 2018 to the previous years, i become a little sad to see all my coins burning and i happen to have lost huge sums of money from most icos I invested.

I actually haven't been able to place the real cause of the sustained dip of this year 2018. I have heard several speculations and all have not actually aimed right. If you now say it is a price correction, I wouldn't fully agree as a lot of the token prices have been devalued really below their real prices.

Your coins aren't being burned, you are just exaggerating your feeling.

It's a sensation that you are feeling right now because you are only see down and you rarely see the market to go up right now. This year has been full of frustrating stories but don't give up and keep your plans to follow. The longer you are in this market, you are likely to survive.

I don't think it is wise for you to compare one year to others as this will lump up things.  Last year those that buy cryptocurrencies in 2012 to 2017 were able to sell in profits and because there were selling more than buying in 2018, that brought cryptocurrencies prices down. 
For you to be among the future cryptocurrencies beneficial then you should buy now as 2018 has provided for us another opportunity to buy cryptocurrencies and bitcoin at a very low price and sell maybe in 2020 or 2022 with a very high profits.  Correction and distribution provide us with opportunities to either buy or sell and that is the cycle of this market!

In digital cryptocurrency there is no accurate data because of cresendo and descresendo in the market. Compare to last year the bitcoin price today is quite stable at $6k. Lets just have a wait and see approach because time and people will dictate the another possible surging price of bitcoin.

I think that this year was really good for newcomers, which heard about crypto for the first time in 2017., to invest and accumulate at better prices than they were at the end of last year and january of this year.

Last year was really a memorable year for electronic money investors. After the start of the year with a total market cap of just $ 17.7 billion, total capitalization has soared to $ 613 billion by the end of the year. As a percentage, the market has grown by 3,300% in just one year, which is probably the only year in which the highest percentage increases for any asset in history.

Yes, indeed, it is much more difficult to trade cryptocurrencies this year. However, I want to note that we observe a positive trend in the development of the market. This year, many promising projects have appeared, even more people have learned about cryptocurrencies and these coins have become more often used as means of payment. In General, I see more good news.

Of course in 2018 is the correction year and the year of loss, losing some of their assets due to the decline in crypto prices in the market and this year is an investment year for those who believe that crypto will grow in the future.

much holder and investor felt  this year was the worst year for their investment.assets value reduce alot maybe down almost 90% from highest price.

I don't really know if we can see another bull run in this year and still waiting to see that coming, I already have some sh*tcoins stored in my wallet waiting to bloom in this year.

I see your point having doubt if the market can bounce back as all of those assets that we are holding right now are really in a bad positions, the rally that happen last year are far from what is happening right now, the corrections still ongoing and the bearish run are still strong, maybe we will be able to see it back when more adoptions will happen and more strong holders will start investing to this system.

I also think 2018 is the year of correction, end of 2017 and start of 2018 bitcoin price increase too fast so almost all over 2018 bitcoin correction its price as well as altscoin. May be end of the 2018 we will see next bull run because of many positive news coming about bitcoin.

This is just the natural way things work, it is impossible to have a market that is always going up or that it is always going down, we need periods of correction where the price returns to a more realistic price and this gives us a period of stability in which we can accumulate more coins, if it was not for these periods it will be almost impossible to make consistent profits.

Maybe Yes and Maybe NO, since we are still on the last 2 months of this year 2018 and anything can happen on that short timeframe just like on what we have seen on last years bull run but
I cant really deny about this current market condition and as a crypto enthusiast we would really able to feel the markets very bearish movement or consolidation state.For now we cant really do anything
but to wait up for the market to recover.

the correction period for crypto after the end of 2017 experienced a significant increase is an understandable opinion, where currently the movement of crypto and bitcoin in particular is starting to stabilize and tend to decline, hopefully by the end of 2018 or the following year a subsequent surge will occur to prove that crypto is alive

It was to happen when the price went straight up then it has to come down but when the market started to correct the weak hands made more price down. This mostly happened due to top country started to regulate the cryptocurrency due to lost of ICO scam and some country banned bitcoin usage. But future will be good as now the scammers will get hunted and genuine projects will lead which will boost the crypto currency market to more high in future.

The term " real value " is odd, because there actually is no such thing. The real value is the value of asset which people are willing to pay. We had a hype , then we had a correction, this is normal.

That is true. But id you look at the projections and trend for the last five years, we'll see that we are still performing better thN expected. We are just too hung up on the spike that happened early this year to realize that the market, no matter what people say is doing great. I just hope others see it too and manage their expectations.

That is always one thing about the market, there will always be a time for the bulls and could go for as long as you can, and in most part of things, you can always get to see a time for the bears as well.

It is a market cycle and there is pretty nothing we can do about it, than to take advantage of the situation most of the time, and see every cycle as an opportunity to either be profiting from the bulls movement or be accumulating during the bear period. As long as you are smart enough to know what you are to do in every scenario, I am sure you would not have a problem with anything that the market brings.

That is just the thing which a lot of people usually do not get, and the bull run actually started at the point we are trying to find a support right now. It is still a very much healthy correction which was imminent anyway, although what has happened has been one of the reasons why a lot of us have always been clamoring for the market to get to a point where we will get to see some steady growth and real life usage than just some sort of speculation here and there which at the end of the day is never sustainable, leads to a bubble as a result of FOMO, and then pop. However, for what it is worth, I still believe the market is still behaving as expected when it comes to potential for the future.

Maybe in 2019 also the correction period will get extend until first of second quarter because the prices were still low when compared to all time high and there is no sign of prices were increases in the near future as well so as long as we are holding our coins will be helpful for the prices to recover faster.

Yup, it will continue in 2019 as well because I think we will see another erratic movement in the market at the end of 2018. Still, now it is stable hovering around $6000, but the possibility is still there to see some uprise and not a healthy one obviously. So, correction may follow up in the next year as well if we see the erratic behavior in the market this year end.

I also like to think of you. There is nothing that holds fast at the peak. Everything needs fluctuation in order to be perfect. Cryptocurrency also. It takes time to be adjusted to a more reasonable value for investors to re-invest more in the market. There will be no virtual pricing and manipulation. That is what we need.

hovering in the range of $6,000, I'm sure it will continue until the end of the year, not sure what actually happened to make the price of bitcoin stable in a long time. Some claim that this happened because of an ETF and will soon increase after getting good news. I personally just wait for the movement in the coming year, hopefully there will be a positive movement.

Totally agree with your opinion! Bitcoin will become agressive when 2019 starts. The correction of the price is on the current phase by which we cannot make profits. 2018 is a bad year for cryptocurrency because the price of bitcoin amd other crypto does not materialized and a lot of ICO are scam and failed.

I agree, the movement of bitcoin in 2017 is very extraordinary, and is now experiencing a severe decline. however, no one knows that bitcoin will go where next year will it increase or still remain at current prices or it will drop again. I hope Bitcoin reaches the highest peak

The 2018 is not only the year of correction but is also the year that is has proven that cryptocurrency is not just a bubble.

If what is happening is really a correction, then I think it has over corrected. This correction is so severe that, I can predict that some people including myself are psychologically lacerated. I hope this correction ends soon for the market to peak up.

Because we see with the investor's eyes, we are willing to see prices that go upwards. In fact, no market can move in this way. This year is the year of corrections, a good preparation time for years to come.

People are a bit sad about the current market and most say it is a correction as you have said. Others are saying it is a bubble which I think best describes what happen during this year. On my observation these things that have happened is the result of misleading thoughts that bitcoin will make you instantly rich as others did gain from it. It was just luck and proper timing because many are really just losing their money. Those times when others have tried gaining more, many then tried to jump on the promise of green pasture but ended up sad. The reason was simple the pump was just artificial too many were just holding coins and real usage was limited. As of now their were good news about companies using bitcoin so I think 2019 will be better for bitcoin.

Yeo you're absolutely right. Things went wayward last year and we needed to get back on track. All I'm hoping fr is that crypto doesn't get a worldwide ban. Other than that, i don't care about the prices because after corrections it naturally moves up.

Indeed this year the price of bitcoin will rise too high, as you are waiting and you are not worry about the price so it shows how faithful you are about crypto currency, waiting today will surely give you better reward, it needs only patience and good wallet to hold your coin so it will rise high, so keep this thing in your mind that price will be high tomorrow even if it is low today.

Please if I may say according to your opinion, are you implying that the real value of Bitcoin should be within the range of $6,300 that we have had for the greater period of 2018? I don't really think so. Bitcoin or other cryptocurrencies in my opinion do not have any specific price or range of price they should stay. It is supposed to move freely according to the basic law of demand and supply.

I completely agree with the author. In addition, this year has become an important year in terms of cryptocurrency regulation in general. Many countries have made important decisions and move on. Although the SEC has not yet made a positive decision, the main applications have nevertheless been made and work is underway. There were also many crypto-funds and institutional investors that began to invest in crypto-startups.

2018 with me is really a bad year of electronic money. We need to re-adjust the market to become more active. I think the higher the price of coins, the better it will attract more people to invest. Keeping prices down as late as 2017 is the best thing to do.

Right.There are a lot of doors that had opened for cryptocurrency.This year may be a bearish year but i know this correction will come to an end soon.And hopefully by next year we can see a bull run already.People who have been patient enough to hold their coins for a very long time will finally make a huge profit in the end.

You made a good point here to give an excellent reason for the bearish market almost for the whole year. As you can see the market is stable though at lower prices as compared last year. Would these prices be the prices at a stable price? If yes, this would mean a lot of new investors would get disappointed especially those who bought their coins last years and holding up to now.

Maybe you're right guys, this year is the year removing the bubble last year. But, would you settle that the stable prices would be somewhere at these ranges? Hoping it will still be higher than these current prices.

If this year is allocated for bitcoin and crypto corrections, then so be it. I know the advantage of correction brings to cryptocurrencies. If that is so, i expect an inflation of crypto prices in the coming months.

As i observed last year than this present year they are so different last year was the great year for all bitcoiners opposite this year i think was the poorest year and even worst for the bounty hunters the price are down, maybe we should made a steps or find solutions for this problem inorder for the correction of this year....

In early 2018, the market began to fall sharply and almost the entire year holds its position. We are currently seeing more stability than volatility. But this does not mean that the market is collapsing. This year there was a great progress in the field of cryptocurrencies.

Agree always think positive in crypto, and i think there is no need to correct the dump happen due to decreasing of volume of investors and i am sure that sooner those investors will come back and the volume of demand will start to increase again and again.

Every year their has being a volatile market and this year also its not being different. Yes some year in between markets would have recovered but this year its being more flat than expected. Still one should remember that their are 23 months left and its enough for btc to bounce back and reach all the high in some time itself. As right mentioned one should not be considering it that market is collapsing on other hand one can consider that it is getting more stable than usual.

i think we need to wait few more months to have new grow market because:
1. mt gox bitcoins are sold and as i seen there was not sold 50%
2. etf decision by sec isn't ready
3. there isn't much news in mainstream media about btc

Many of us are hoping to see a bullish market this last quarter so let's see if it would happen again in order to at least gain some good amount of profits.

Waiting for takeoff. But I will to take attention on a new hardwork Ethereum.
 ???
What will can change?

Ethereum had planned to release its Constantinople upgrade to the testnet near time.
Soon there will be a conference Devcon4. it remains quite a bit to wait. The ether has, in fact, two ways: either "vegetating" in the corridor of $150-400, or a rocket that will take off at the beginning of 2019.
Its size will directly depend on the upcoming fork and how it will be perceived by the community.

Perhaps you are right, and this long-term correction can really benefit cryptocurrency and slightly change the market of ICO projects, because at the end of 2017 cryptocurrency gained great popularity and many people came here for the sake of earning money through speculation. I am confident that the cryptocurrency industry will become even stronger.

Not sure that only 2018 is the year of correction, I believe that 2019 will be the same year of correction. I repeat, this is my opinion! There will be a wobble in the 5000 - 10000 $ range. But if the SEC will accept Bitcoin - ETF, then it is possible in this case, the growth of Bitcoin to $ 20,000.

I think that was right. Last year, we are really amazed on how the price goes well that we intently focus on achieving more than what we can by purchasing more and expecting more to regain which is practically a right manner but the essence on why does crypto exists was almost gone and many people are just focusing on the goods that they can get from here. Now that this challenge has come, we can see the tough ones that remains loyal into the crypto community in a sense that despite of what is happening, they still hold into their assets while those who just come because of what they have heard the possible benefits they can gain, are continuously being eliminated leaving those people that are strongly believing that on the upcoming year, we will experience a sudden fruit of our patience holding into this.

Price correction would always be there and its no surprise that we would experience such thing specially when we see ATH or booming prices on last years 2017 and come to think that not all the times we are just seeing price increase. For now we have to deal with the current market condition but sad to say for those people who invested on peak prices because they are the ones who do really suffer with this correction.

I think it was just an speculation no one can tell what is happening right now if it is a correction or not or a big impact in the society before year end no one know so we must just sit and relax, a 2017 is a big bubble that happen so we must just stay put what is the mysterious behind the market right now.

I think bitcoin was overvalued in 2017. Now, this year, many investors who loss their fund because the correction. But it isn't meant that bitcoin is end, actually people still have interest to bitcoin. Also we have to remember that bitcoin is volatile because of the low liquidity so when "whale" / big investors invest their money in bitcoin then the price can be pump because other people will also look for chance.

This year as the most correction happen in crypto that the price has drops further. Eventhough it so happen this year many users has the confidence about the price of crypto that it can recover. Let us see where it will heading this year ends.

yes, 2018 is indeed the year when the price of bitcoin has weakened and it is true if investors have been investing since 2017, of course, they are now experiencing a lot of losses but maybe this year Bitcoin is looking for the right price for the coins because I observed in 2018 this Bitcoin price rises and falls at the price of 90 million, is it possible this is the standard price of Bitcoin? hopefully, next year the price of Bitcoin will be even better than this year.

Price declines have an impact on other altcoins, waiting for prices to grow maybe at the end of this month but it won't be like 2017, we have to wait for a surprise at the end of this year.

This year's correction is a bitcoin which dropped dramatically and began to stabilize at $ 6000 in the past few months this year and hasn't moved at all.

Yes, 2018 is the biggest correction so far because every coin is making a down movement and many of the coins are down too deep. But I don't think that the coins cannot increase because for the strong coins, the price will be back to the higher price and even the price will break every wall that we see on the market. So it is better to prepare yourself to wait for the rising of the cryptocurrency because the time will come soon.

Yes this year is not good for bitcoin, from starting itself there is no significant growth in bitcoin price. Bitcoin is in downtrend only and one more month is enough for end of this year. But still it struggles to increase, so we expect the massive growth this year. The chances are lesser to achieve $10k itself, we cannot expect the growth like last year.

I think this correction is taking too long, and it is actually causing a huge negative impact to the community, now people are starting to doubt and think that cryptocurrency is not gonna do any good to them so they just drop whatever they know about the cryptoworld and it definitely is making a huge impact in the cryptocommunity.

You are right, but there are still possibility of pumping soon, we just need to have more new big investors and more new big good news to come and the hype will start again.

This year was definitely a year of corrections, however while we can imagine what the price may be in the future you must understand the current price is always right, that is what millions of people all over the world have agreed as the current price of bitcoin so that is its real value and there is no point discussing what it should be, but we can discuss at what price bitcoin may trade in the future.

Until now it has been the bearish year, there is still 2 months remaining in the year 2018. Many specialists and investors believe that the Bitcoin can rise at the end of the year like the year 2017. The prices are still unpredictable and constant at $6400, I must say this was the year of correction for the price.

In my opinion, I think the bear is as a result of numerous novice who brought significant sum into the sector. Many never understood the idea behind blockchain, they are only concern about returns it would yield them and consequently pulled out when their expectations weren't met. Furthermore, proliferation in the number of ICOs with no tangible usecase also dealt a big blow to investors confidence in cryptocurrency in general.

correction in the crypto market is a very natural thing to happen so that crypto coins that are in the market can continue to rotate in value. because if the value of the crypto-coin is not corrected and the value is increasing. of course, it will have a very bad impact on market turnover.

Yes! This year might be the correction phase. Let us wait for 2019 to be a profitable year of cryptocurrency. All people are awaiting for a boom in 2018, even I. I admit that I desire to be successful in just a short period of time and now, I am disappointed to the result cause till now, I did not get large amount of tokens. But then, I want to fulfill my dreams so I will continue.

Opinions are like assholes, everyone has one.
So I do not like too much to give an opinion that however is purely arbitrary.
Let's say that the last period of relative stability could mean that finally the bitcoin has reached an acceptable balance.
Or, that is ready to disappear completely. Who knows?

The year 2018 is seen by most investors as the year of correction and there was a lot of expectation from the year to me but the year does not seem to go well pertaining to that for me. There is more expectation from how the market is trending.

This is really a healthy correction, cleaning all those hype last year and now we will witnessed the real value of cryptocurrency. The next bull run for cryptocurrency will become more stronger and more objective, the goal is to exist in this market for good and not just to give higher return to the investors, I mean we are here to enjoy the blockchain technology, investment is just a bonus for us.

This may take a long correction but later on we will break the resistance and everyone will come in this market again to invest with great coins and use this technology for their own benefit. This market will become more convenient to use around the world.

At 2018 is the year where bitcoin and altcoin price always got correction, many time bitcoin and altcoin have get lower price and hard for recovery to higher price again, we have waiting maybe next year bitcoin could raised to higher price.

Yes, this year, we see that bitcoin and altcoin are up and down many times and we still cannot predict when the price will up or down. We can only follow the price, and if we can make the profit, then we will try it. But I am sure that the cryptocurrency will be back to the higher price in the next years because this is what happening so far and we can wait for this and buy as many potential coins as we can so we can back to make the big profit. We need to be patient and don't make something that can against the market, but we only need to enjoy the market until it increases back later.

I've read in this forum that it won't be just 2018 that is a correction year. The threas said that it may look like that 2019 will also see a "correction year" and wee will finally see a bull run by 2020. I hope they're overestimating the market and it would come soon but then again I'll just buy coins in the meantime.

Where did you read that information? Any link?
Actually it makes sense because after the big fall, people are hesitant to invest in cryptocurrency again. And now crypto is in gray area where there is no clear sign if it will be bullish or bearish.

Well right now you can’t say bull market is happening as prices are quite normal to past days. There is no such enormous change or improvement that can be seen. But yes, as we will be in November now, we are quite hopeful that bull run starts. Traders and investors are quite long waiting for this time. The whole year has been spent in downfall so needs some pickups.

Yea, I wouldn't say it's a bull market either. Although, to be fair (even though most people benefit from volatility), I think a time period where Bitcoin isn't suffering from massive volatility is probably a good thing in the long run.

Highly agreed with this statement. Really, all those who came to know about bitcoin in 2017 or later, they are most lucky people. They found bitcoin in low price but developed one. They better known bitcoin wouldn’t die in coming years or they aren’t sensitive about its bubble nature. The buying price is quite higher than those of 2012 or around but development is biggest confidence.

There were many bullish predictions for the fall, but they didn’t come true, and currently, we observe a standstill of the market. The correction of prices has already passed. Recently, the prices don’t fall below a certain point and cryptos show low volatility. The crypto market is now passing a bearish phase. There are still positive predictions for a bullish run for the end of 2018, but nobody can know it for sure. I think the next two months will be exciting.

How do you know that in 2017 is a correction? no one knows what the value of bitcoin will be as it can go up or even go down

This is just a short term thing as we are not even close at all to mainstream adoption, which I solely believe will bring a huge increase in value in the long run. One thing a lot of people find pretty hard to wrap their heads around is that corrections are normal for long term and sustainable growth.

If the market just keeps moving up without some slight corrections or big corrections we are seeing now, it will never turn out well as this is when we will get to eventually see a huge crash, but for a steady gradual growth, over time, it is always sustainable and that is where I believe we are headed.

yea i think so , especially for bitcoin price , the price rightnow have stable fluctuation on the price and get price on range 6300-6600$

maybe this year is a year of correction from the results of the increase in bitcoin prices in 2017 which experienced a very sharp surge so that in 2018 the price of bitcoin experienced a very extraordinary correction and made its prices to be very cheap as it is today.

Correct, the price of 20,000 for each bitcoin was not real, and this was proven by the fact that it only last for a few days, the current price that we are seeing is the real price of bitcoin, and even if many people are disappointed by it I see this as very good news because the price is many times higher that in the past this means that when the next bubble hits this market the real price of bitcoin is going to be revealed to be above five figures.

I am agree with those who are saying that this year have corrected the actual value of bitcoin and all the other crypto coins but in broad sense we will say that for this whole year bitcoin is used in every time no one have against of it and bitcoin in this year more stable than last year speculation affects the investors very worry about crypto because the market was un predictable and it is dangerous in ling term.

I do not hesitate to agree with you but this year of correction does not mean that the next year would be ought-rightly a year of high prices or profits. This is rather a down year and the economic activities along most part of the year have been low as well. Though it is normally expected of Bitcoin to give back instant profit but this time it might take time to revive again and only after the revival, we can have a market that will replicate the invested amount.

It has been a crazy year and it is only november now, I can't think of what the 2019 year will bring us. The correction was definitely something we deserved, the price was just around 900 dollars and less a year before the skyrocket, nothing should go up from 900 dollars to 20 thousand dollars in a year it went up almost 23 times in price which is definitely not sustainable unless you keep pouring money into it at billions rate.

Of course it got corrected back into what it deserves to be and there was a lot of new people coming in during those times, some of them got in and just ran away when it dropped but some others stayed and amongst us right now which made the user base a bit bigger.

Thanks to those people and the rising transaction numbers causing miners to work overtime right now we have a bitcoin that worths over 6 thousand dollars, it is still a big increase from the 900 dollars two years ago but nothing insane like 20 thousand dollars.

Bitcoin is looking for a new position of support or even in the position of new support, because its value over the past few months only occupies around 6000 - 6500 USD, and maybe later this year will be ready to take off to the moon  8)

Crypto market has started to gain some momentum, I dont know if it will be a bullmarket or only a bulltrap but i see there is a big increase in volume by korean people.

Yes I really agree with you, i also think that 20 thousand dollars is really overpriced because bitcoin isnt really being mass adopted yet (also the altcoins of course). So all of the price before was just a speculative price and speculative price isnt a strong price.

Ya I just looking to the chart, trend stay the same as before. I mean its wouldn't be change to bearish for a long time, its just correction and will take decision after the wall break out.

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

2018 was also a year of legit projects.  In 2017, anyone with a half-good idea could decide to do an ICO and did.  There's a drastic drop this year from what it was last year and the only projects still standing are those with good development team and plan, and an application that solves problems. There a few out there with HiNounou, Tapcoin and Mfchain holding my attention right now.

The good thing about all of this is that while we suffered a crash, and it was a very painful experience for anyone holding bitcoin at the time, the price did not crash and reach the original price where we started, it was a price that was many times higher than its previous price and this is a very good sign for the future of bitcoin because that means that the demand is many times higher than before.

I wish bitcoin will be as steady as it was this year. There will be no need for a roller coaster emotions for holders. If the price remain like this and gradually increase each year then investors already know what to expect but I dont think bitcoin will be as popular and in demand as it is today if the graph is straight all the time. 

A lot of noobs were rekt. I don't see them coming back in unless they're greedy or trying to break even. People took out second mortgages and other reckless things. It was crazy. I like the way crypto is now, a little stable. Organic growth. That moon talk only brings out more scam talk for the masses to not invest. It's time to take crypto serious now, it can really make a change in the world.

Despite of all of this good news coming it seems that bitcoin doesn't really care at all, i wonder what will make bitcoin to move on such different position rather than staying on the same spot. Well, as a trader we do still manage to get some profit out of it even though it doesn't give that much but it's fine as long as you gain some.

How long should we wait for this bearish market to change and climb up to the moon? It's almost a year since it took off it's last ATH.

Yes it's a correction of the peak price of bitcoin in 2017 which is at least $20k per btc, they always say it's a bear market but i think it's a long time correction so that people can accumulate and get ready for a big profit in the upcoming years.

if indeed 2018 is a year of correction, I still hope this year the price of bitcoin will remain higher than last year, I have a lot of hope because the unexpected decline in assets cannot return to the previous best price and mostly in the form of altcoins. I don't even think that at the end of 2017, bitcoin can rise to prices that have never been thought of.

If this is the year of correction for Cypto, how long will it take? The fall of prices is a good time to buy and save for a long time. Hopefully 2019 prices can be more promising.

It is my opinion that the next year is not going to be that much better, and while some people could get disappointed if that were to happen to me that is a golden opportunity, many people wasted the opportunity to get bitcoin for less than 1000, now you have the opportunity to buy bitcoin for less than 7000 and that opportunity is not going to be here forever so take advantage of it.

So, you're saying that cryptocurrency will rise but most likely.not next year. And you're encouraging investors to buy their coins now while they are at low prices. What if, the cryptocurrency is stabilizing at these low prices, is it still advisable to buy bitcoin? Considering it is already very high.

The all time high last year was a bubble created by manipulators. Until now these manipulators are still on the move to create bear markets so that they can still lower the prices.

As Bitcoin is repeating all the same time (every 2 years) absolutely the same thing, so I think the main correction (the end of bear run) will be near the end of 2019, not in 18, so its time to move to cash and better sit and watch now  :-[

I do not believe in correction in 2018, but 2019 or 2020, I expect a high scratch anything so strong, look forward to the new wave!

I agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.

it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game.

I also agree that last year was a bad year for the market. It is also a year to help the market adjust and help investors better understand the market. This makes the market more mature.

2018 is a year of correction and makes crypto fall very low, and it is not surprising that many are frustrated this year. Optimistic, the cryptocurrency still has hope to grow and there are still benefits that will be gained in the future.

There are too many new things in 2018 so this year the focus is only on quantity, actually if this happens, the correction doesn't have to go too long, but because many people have panicked then it destroys speculation that can actually rise. starting from March - then hope speculation appears in July, and the last is September. finally it means nothing and December is deadlocked. This year is indeed a year of correction.

If you feel the price can still go any lower then you can wait, but to me this is a price that is good enough to begin to invest again in bitcoin, the price that we are seen at the moment is going to be here with us for some time but as I said it is not going to last forever, at some point people are going to begin to recognize that its value is too low and a slow correction will begin to happen and when you add factors like the halving and the lightning network then that means the price will go up even more.

Many of you got it wrong. We already got a "correction year" before. As you see nothing is fixed and the volatility can start again. Let's give up with 2018 and why not a ATH in 2019. In less than 2 years the next halving will be there so we can hope for something before... Fingers crossed.

I believe that this year has all the cryptos on their knees as we see how the bearish market is dominating the cryptoworld most of the time this year. If that equates to correction, then i expect something good is going to happen next year.

With price of around 6000 to 6500 USD is conservatively the correction state of the bitcoin. The average cost to mine bitcoin world wide is within that said value so it is expected at least 20% profit to sustain the network except for other countries like Trinidad and Tobago, Bangladesh , Kuwait, Belarus or Venezuela where mining is highly profitable but more restricted. Reaching 20k USD was just a hype and a manipulation but today's price is the real price and this is not a bad price for what other people think and this time is the right time to re-invest bitcoin and wait for another years until the bitcoin halving event come and this is where the expected bull run will occur soon.

Let's hope it was! Lot's of miners that entered the industry on a late manner need it aswell!

Indeed, this year is a year that needs to be reevaluated, and must be able to be learned in order to be able to provide good value in the future, an unstable situation makes us continue to correct it carefully.

I think this year is a very bad year, because the price of Bitcoin has experienced a very deep fall, but I realize because the prices in the market belong to large traders, so they sell Bitcoin with a large, so prices decline. So for this year I think prices will remain in the range of $ 6400 until next year.

   We can say that 2018 is the year of Correction? My one cent of opinion, if we look back on the history since the 10 years ago, we can see the few Dollar price value to a Thousand to almost 20K in the late of 2017 then drop and stabilized at 6K plus as of this writing, one should always remember of the Volatility of the market, the volume of investment made by the investors, the market structure, the fundamentals and the consumer's behavior or the confidence to Crypto market. All of these happen in every Stock or Crypto market or it is normal to have this in the market. i would say therefor, that it is more on the Volatility that affects the market.

actually the price decline in bitcoin is needed for traders, because to do trading is to buy when prices go down and sell when prices rise. so that we should not be too disappointed by the decline in the price of coins in 2018, but we should be able to take advantage of this situation as well as possible, so that by 2019 we will benefit and compensate for the losses we got in 2018.

In this whole year bitcoin is recovered and in this whole year the price were stable which was very good for the long term investors and in this whole year bitcoin have not shown any progress so many people have stopped trading bitcoin but it is ever green currency and if we in touch with crypto we can excel in life so for better future we have to work and earn bitcoin.

Hodl amd wait is the key. Probably many crypto enthusiasts have failed their expectations but then we should continue believing to crypto currency. We can say that this is not that good year but there is still December before year ends. Just hodl and wait.

Actually the miners provide a good support level below the 6k USD/BTC mark so it wont drop below that unless some huge whales decides to dump their coins on the open market and make it crash. They are not fools, they would rather sell at profit and not loss. Again this year showed some green in the 1st quarter but then it gradually dumped down to a sleepy mode and has not been rising again after that.

Thats all you can do right? Nobody has anything else to do other than hold. We must not forget the bad days for bitcoin are not new. These did happen previously as well for some years if you look at the price charts on coinmarketcap..

if december price still didnt suitable with our expectation we still long time to see it reached highest price again.bitcoin halving, bakkt trading and other news could be trigger for crypto price movement.

I think it is, the correction has been going on for a very long time and no improvement in favor of the growth of the market is visible at all. The most important thing is that this correction would soon end and the long-awaited growth of the market would begin, everyone are already waiting for a long time for it.

recovered could happen soon or later as CEO Binance said.like or now current market condition have to face by investors and traders.we could not avoid this condition.

Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.

Indeed.
I've got many big independent miner friends (150 Petahashes +-) and they are all selling only what they need to cover costs, and keeping the rest.
Like all of us, they are hoping in a BTC price increase to grow their businesses.
BTC at this levels, for the ones who entered the market starting mid last year, this is only a break even price.

One of them likes to say... I've got Electric Costs at 0.04, but it's not really a difference if we take it to 0.03 or 0.02, don't get me wrong, it's great, but the real difference is in the BTC price.
If BTC is 20k, i'm producing it for only 6k.

Best!

Real value is different description to the price of bitcoin. This year has been the year of correction and its hard to tell to what extent will the market go through.

CZ has been bullish to the market, he runs a crypto business and he can't tell something bad to discourage his customers. As for him, his words are going to be positive all of the time regardless of the market condition.

The price correction in 2018 is one of the glum effects caused by the increase that occurred last December, because the increase was not a natural increase due to market willingness but the behavior of over-manipulation, didn't fail if in the end this increase has caused a prolonged correction.


Hopefully by 2019, it will be a good year for the growth of bitcoin and another cryptocurrency, and we will see it a big market revival.

Hmmm, that is very possible. Remember price reached a target of $1,000 in late 2013. In another words we are still in the correction of 6400$ for more then half of the year in 2018. 2019 might bring surprises, bitcoin is under the rules of seasons and patterns like any other market, so I won’t be astonished to see super high crypto prices in the middle of 2019.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.

I was thinking that it could be this year end of 2018. But, to think that 2018 year end has nothing to do with crypto market price bull run. So, it would be probable that 2019 will be the market price hype for cryptocurrency or it could be even also drop for more. It will depend on the outcome of the struggle 2018 bitcoin market price.

Which solution are you looking for? Stock market has been on for years and even at that, it has not stopped the fact that correction is experienced till date, so what makes you think it is a problem or there is a solution you can bring to curb that in the cryptocurrency space ?

This is something normal and healthy for the long term growth and price development of a market, and the earlier you people start understanding it is not a problem but a short term thing, the better you will be able to forget about it, take advantage of it and focus on the long term.

but the equation is that the trend line is still on an uptrend. there are many obstacles that must be faced, so that almost a full year price has decreased, and indeed price has been consolidated lately, hopefully this is a good start

I also hope that in 2019, we will see the rise of the market. This year was a very serious and difficult period for most of us. Really, many guys lost their money as they decided to give up and sell the crypto.

Investors need to do that for themselves, this is a very competitive market in which any advantage that you can get can be crucial to make the profits in the future and if your competitors are not willing to do the work needed to better understand how this market works then that works to your advantage, why will anyone want to help them if they can obtain profits from their mistakes.

We can say that 2018 is the real face of cryptos since 2017 seen just a hype. This year we saw the worst of the market from being nose diving from its all time high. This is just indeed a test if how far can we hold and stay in this world full of uncertainty.

Don't expect for a massive bull run now, it's unlikely to be as there is no sign.

There is no tool with which you can measure the market. There are some ups and down every time. Price never stops at some point. That is why it is called volatile currency. With every single day passing by, you see a different price of bitcoin. I know this for a long and longtime, but I haven’t seen two days with same value of bitcoin. So, don’t just worry.

This year, I think the price will still be the same. Very low. And it is a bad news for me. But on the other hand, it's a good news to because we can buy bitcoins in a small price. When it recovers next year, then we can make more money.

Yes probay but there is so much correction being done? I can't imagine that bear market has gone quite long. I was expected that there could be some bull run where peak season was approaching. Anyway, If this is a year for correction then hopefully it will end now. The investors now are worried and some are done panic selling already.

Hoping that this coming year will be a year of cryptocurrency just like what happened last 2017 where a lot of crypto goes up fastly. Just like what you said that 2018 is a tear for crypto to adjust so hoping that they have an adjusment with all the crypto and makes everything stable this coming year.

I think if some crypto investors have stopped checking the price for a couple of months it would do a favor for them. Seeing the price going down, especially so fast as it has happened during the last 24 hours, they start panic selling trying to "save" at least half of their investment and end up with 50% loss in the best case scenario. Most likely those people will never try to engage in crypto again, and they will remember it as something which made them lose their money, while, in fact, they could have earned with it only by doing one thing, staying calm. People who sold their coins at $500 in 2014 were in the same position, although they thought they did the right thing seeing like the price was going further down later.

I've been around here for a while and the current scenario reminds me of what happened during 2014. We had hit the ATH in 2013, and after that there was a sharp correction lasting for almost 3 years. I am afraid that the scenario is repeating.

By the end of the year, we did not know if there was any adjustment to bitcoin prices and other electronic currencies. From early 2018 until now, the adjustment of electronic money not as expected by investors. Transaction too slow, the price is too low.

There is nothing to reevaluate, bitcoin is not a stock in which you can accuse the CEO of doing something wrong, the developers have been doing everything right, probably the only thing that you can accuse them is that it takes them a lot of time to update the network but that is understandable because they do not want to make mistakes, the drop in the price has nothing to do with the quality of bitcoin.

Yes that's true, this year is a year of concern and makes me very tired, but I'm still trying to hold on and hope this condition can improve quickly.

This year is indeed full of corrections and disappointments to most of those who have bought during the time when various coins are skyrocketing. But, it is clear that the market is finding its strong support level which could mean that the longer it stays at the bottom, the stronger the support, the next direction would be no other way but to go upwards.

I think that we have had a very bad market due so many reasons and the market recovery is taking time just because of these reasons so yes this is probably a year of correction as well.

Probably this is the year of correction but mind you that bitcoin and other cryptocurrency would also had a great chance to have a good market price turn back. I do not see the system will not going to survive especially that money has gone through the system and many loving to have cryptocurrency.

this year was the worst condition ever in cryptocurrecy market.to fud and price manipulating by whales and speculator.even government take their roles in this market too.

Indeed, this year is very difficult for all investors. For many, the investment portfolio sags 2-3 times, causing only frustration and panic. It is very difficult to predict what will happen next

For those that invested into cryptocurrency market during the all time high price this current market is a bad market but I dont see it as a bad market because every experience cryptonier knew that market correction is to be expected the following year of the year which we had an all time high price in the market.
Meanwhile, advice those that during the all time high to buy in other for them to make up for their loses in full.

It is difficult to say for sure to which pointthe price will fall, but I guess that yesterday [15/11/18] we reached this level. I think this will be the last bottom this year. I also assume that in December, a bull run will begin and the correction will finally end.
Some projects moved their important events to the 4th quarter of 2018 (Stellar, Nem, Ripple), I think that they also count on the end of correction in the near future.

If thatse the case, I would love to work harder these days so I can expect for a higher amount of profit to gain since we can say that Bitcoin this year may not be fruitful as what it was last year but the fact that it undergoes some correction year was a great Idea for me, like a cliché part says "prevention is better than cure" which may be applicable to us so we can expect much better things in near future which I believe is going to happen.

Many people say it was a correction in what happen last year but as we can see many people are still adopting bitcoin and look in the market cap it has huge amount compare last year so maybe there was a big impact that will happen this year or maybe early next year let us wait dor the right timing.

I have the same opinion with you. This is really a bubble. And you know, a bubble flies easily, it also easily breaks. So I sold all my tokens in late 2017 and I still keep USDT till now. I think this is a good time to buy a lot of altcoins. The price of ETH is too cheap compared to its real value.

usdt give us more secure in our asset value.but this coins didnt give us profit, no interesting volatility to trader.it could dumped alot.personally no difference with fiat.

why do you think that ETH is too cheap compared to its real value, real value is what the market tells, despite what all of us think
i do think that it will go up, but timeframe for upside is questionable

It's like the law of gravity. What goes up must come down. Things are averaging out. Good observation.

I was sure that ~ until recenly we are in stable period and we wont go drastcially up or down but i was wrong.
Altough i beleive that the last drop was manipulation or induced by manipulation, the short term future does not look bright.
In fact the wider picture shows that we are back to long term bear trend.

I think the long bear market is healthy, everyday many people are leaving Crypto, those who search for quick short term profits, as well as people who think 2017 bull run will be repeated. We might see a movement in December, but it will not be huge.

It is difficult to talk about the real value of bitcoin. At the moment, bitcoin is mainly used only for speculation. In addition, the market for a long time showed relative stability. Everyone believed that the price of about 6.5k is a real price. But now the price has decreased

The difficulty in this market does not come from predicting what it is going to happen, the real issue is to predict when it is going to happen, for example it is obvious that a recovery will eventually happen what we do not know is when that will happen and that is what it is making everyone nervous because they're facing the possibility of holding their coins for years.

when could not make prediction when it is going happen, market moves very dinamic and everydat there is news that influence market movement.the think we should do just re analize our asset every day.

we need to evaluate price movement every day.if we just hold them without doing anything , maybe our profit could not be maximize.especially in bearish trend .

We are almost reach end of year and the price still low until today and i do agree that 2018 is year of correction and most of investors has been lost because since last year the value of bitcoin lost more than 50% and i think most of us still cannot recover our lost especially the current price seems makes people doubt whether it will reach again to all time high or not

In my opinion, we can no doubt call it the year of correction because the market is down and it has natural tendencies to get back to the point of equilibrium so yes this year has been a recovery period.

each rise movement there always correction to make market become healthy.after peak movement investors take profit and make market down was normal in market cycle.

yes, I agree with you now is the time for bitcoin to stabilize prices after skyrocketing at the end of 2017. Maybe this is the way the market stays healthy. because coins will not always go down or rise. there must be when going up and then going down. and what we need to do now is remain optimistic that bitcoin and the crypto market will soon be green. don't panic and despair. cryptocurrency is our future.

- 2018 is not the year of correction, more precisely, it was a year of purge and bloodshed and massacre because as you say, investors are almost lost, and the loss to date is probably a figure that if people cut losses, they would almost become bankrupt. People are really living in a state of fear and doubt about the future of bitcoin, the future of the market, although the glimmer of hope for recovery and return still exists but over time, that light is engulfed by darkness, negative atmosphere is covering, crying and moaning is beginning to appear

I can say even more, the next year may be bad. In my opinion, by the end of next summer, this correction will continue and possibly until the end of the year of the last year we will see a slight increase. Again, this is just my opinion.

COrrection of prices passed already as we have experienced the stable value of market this past 2months but you are right about the correction happen this year from the bull run of 2018
But until today i know that we are already bottoming as the December is coming and for sure many investors will re enter again and may put their money to profit some bucks

Yes, it is, but don't be afraid, my friend. We are living in times when all the processes are accelerating with unprecedented pace. What took 3 years back then, can take 3 months today. There are much more people monitoring the world of crypto today than ever before. And they are not only monitoring it but they are acting accordingly. When the Hashwar between ABC and SV ends and Bitcoin starts rising in price, who knows how many people will start buying as much as they can "while the price is still low", and who knows to which extent that FOMO buying will affect the market?

Yeah i think it migt be this year are the correction for cryptocurrency, well at least this thing can make cryptocurrency for better goals in it. That are really intresting in this year market

Almost the whole year of 2018 became really a bearish season, were most of the members of this forum became impatience for what happened. and others loss a big amount of capital where panic was being applied to most people who are not totally deep in crypto either. But even we faced a lot of things which are most bad experienced in crypto especially in different form of the ico project campaign arise up most of it are scam project. However, base on my analysis 2019 is our time for crypto period of harvest in terms of profit.

I agree and many shit coins are needed to be removed in the market
Let this bearish market decides who will stay and needs to go

It really seems so and I wouldn't call current prices for crypto as bad ones. It just looks like you do not know what to compare it with! Few years ago bitcoin costed 100-200$ and today's 6+k$ can be admitted as a very good level for such formless project as bitcoin.

How can a correction period last for so long? As I see, the market needs the stability (at least most people want it), but the bulls are still fighting with the bears, and it must come to its end soon.

Since bitcoin goes up so high in 2017, it is not suprizing to see a correction in 2018. But the thing we have experienced in this year can not be named as correction. We have experieced speculations and manipulations in this year. If we saw some progress in adoption of bitcoin, it could have been only correction and prices start to go up after this correction.

Most of those coins do not last long in the market anyway, the real problem is that after those coins disappear there is a new coin ready to take its place and that happens because investors do not learn their lesson, they invest in useless project after useless project losing money in the process thinking that this time is going to be different when we know that it isn't.

Yes, in my opinion, we will experience an entire year of correction after the 2017 bull run. Probably 2019 will be a better year  ;)

I think its obvious that 2018 is not good year for cryptocurrency. 2017 is best year for cryptocurrency so far and its true that 2018 is correction year. Hopely next year is good year for cryptocurrency and the price bouncing up

I am not of the opinion that the current phase of correction will last only one year. Look back and see what happened after 2013. There was a continuous three-year correction phase from 2014 to 2016. I am afraid that this can happen once more.

Judging by how the market had feared this year its very obvious that its has been very bearish and probably a year of correction as rightly said by the OP however how long this correction is going to last? is a  question begging for an answer because bitcoin had so far defies many predictions and speculation this year.

2018 - the beginning of the bearish year, 2019 will continue to be bearish one and only in the end of 2019 we will see some rising

Are you invariably telling us to take the correction of prices as the sole reason for the persistent price slumps throughout the year so far? I think we should at least have a little step up in the prices. The current price situation is too low for the market.

Well, the price rally took place in the last quarter of the last year was the result of the involvement of the big whales and institutional investors. However, the price could not recover at the rate at which we were expecting and hence price never reached high levels in the rest of 2018. However, I believe that the year 2019 would be the path-breaking year and we should expect the growth in this year which would shape the next decade. After all, we must realize the fact that crypto sector is still in the basic phase of development and we have a long way to go.

Does not seems that you will have to wait for 2019 end. It could be well before itself where the rise will happen and may be in Dec this year itself we can see some bounce back to happen. So it seems you being probably not invested in this dropped market infact it is the time to make purchases with lower value and hold it for some months.

Now when we are aproaching the end of the year we can indeed say that this year was the year of correction. Although after last year everyone expected bullish trend to continue and Bitcoin goes higher than ever just the opposite happened. There were no biger fluctuations all over the year but I think there were no biger injections on the market from big investors and whales.
I expect for 2019 to bring some positive movements but still I don't expect to see too much pumps. Let's get pleasntly surprised.

We are still in the early stage of development and adoption, that's true, but the "long way" may be much shorter than it seems at the moment. One of the first steps in the direction of higher adoption, imo, is realizing that the word "correction" shouldn't be used when talking about processes like those which were happening during this year. "Correction" implies the rectification of errors, but we can't really say that the $20k price for 1 BTC was an error. The same word was used a lot during the 2014-2015 decline from $1,200 to $200, but can we say now that $1,200 for 1 BTC was the wrong price? I propose to use the word "correction" when the price is rising rather than otherwise.

Yes it is normal to see the rise and fall in price sometimes it get high when most of people try to buy bitcoin and get income for holding it long time, reaching price at peak is itself and sign that now is the time to sell our coin, so after too much selling price gets down, so that is time when we should buy and hold to see the price to be high.

That is because changes will surely happens because it needs a creation with master piece that is the reason why 2018 will be the year of massive correction. It needs to prepare for specialty creation the can be lead to the futuristic and adventurous. Every year their will be possible to happen either great idea or non sense but everything will happen for a reason.

What goes up must come down. The cryptocurrency market is under heavy correction because there was a huge pump in the market which may lead to huge dump also. Hopefully we're expecting the market to start recovering very soon for 2019 to make crypto great again.

this year is a bad year for the crypto currency world. many crypto users or crypto currency investors have gone bankrupt and turned into traders or miners. at present, crypto prices continue to move down 70 percent from prices earlier this year. and at present, a critical condition for crypto users is because they are all worried that they will experience a large loss because their assets have decreased in value very much.

if they stay calm and well understand about cryptomarket they would not sell asset in bearish market.they made a mistake when become investor,didnt prepare their self well.

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

I would argue that 90% of the investors would begin to withdraw in the case you described in the first sentence. Most of the current investors are not traders and they are not looking for profits in a short term. The main factor which caused the drop in price was not the selling by most investors, but rather the selling by a few but very wealthy ones, who are called “whales”. And we will continue seeing the bearish trends every time the price rises significantly until they will run out of their stashes, in other words, until all the coins they have will be distributed among millions of long-term investors.

it seems they know very well what to do, with the current conditions, indeed i think the whales are planning something to get big profits. technically the bearish trend still continues

The bitcoin has corrected far more than it was expected and I think all the big whales probably are out of the market and might be looking at opportunity to buy back lower so that they can make huge profits as bull run might begin when they enter and can en cash profits before the year end and have a great year. Keep buying on the dips to get the better profits on your money.

The year started with the bloodbath. Then, as I think, it was a period of the correction. After that, some stability came to the market. Now, we are waiting for the bulls that might come to us this winter.

This 2018 is the year of cryptocurrency pruning.
there are so many people who jump from normal to crypto world.
They will be eliminated this year as they didn't know the community well though they see the profit in just a short period of time.
Crypto who has no bright future and great project to offer to the world will also be eliminated.

   I`m not so familiar with this term "correction" in crypto-currencies. We don`t know the true value of crypto-currencies,
correction comes from knowing that.
   Prices in crypto-currencies fluctuate depending from demand & supply, when we have surge in one of those two directions
price will go in that way too.
   Price is now dropping again. I`m not panicking or looking in that like in some "correction". Conditions on the market are like
that in this moment. Future will bring many more fluctuations before we see true power of crypto-currencies.

2019 will be the same

Yes, 2018 seems to be a long year of correction. At the middle of November, when everyone was hoping to get all time high prices of bitcoin, we have see all time low prices instead. This price movement of bitcoin has disappointed many people and many would left crypto if its keep on going like this.

Bitcoin pumped too much in price by December last year. Such a sharp increase in the price of Bitcoin will always entail a correction of its price, and the more significant its growth is, the deeper and longer its correction will be. Of course, who was ready to use this situation with a significant increase in the cryptocurrency market, he received a huge profit. Who bought bitcoin at the end of its growth, he has suffered significant losses so far.
The current decrease in the price of Bitcoin will have a very negative impact on the cryptocurrency market, apparently, the bear market will again be delayed, since many holders of cryptocurrency will again leave this market.

How long will this correction continue? The entire market is nose diving badly, bitcoin has now fallen below $5k, I think the correction need to be over before everything completely collapses.

Nobody can't tell how long this bear market will last. We didn't expect the price to go below $5k, but we're here right now and we can't deny the fact. Its just sad to see the price going down not because of our own doing, but because of the Bitcoin Cash war and we're caught in the middle. But the beauty about this crash is that we take long position and just wait for it to bounce back again.

Will this really be this fast after the fall? Will the balloon still explode, or will it fly away?

2018 is a bitcoin correction year,  bitcoin prices may be formed in the range of 4000 to 6000 USD for each BTC. It takes time to prove,  the price of bitcoin is not too expensive but high fluctuations are more attractive to bitcoin users, especially those with little capital.

The period from the point of fall till the pint of recovery is always the recovery period after the recessional period is finished. For cryptocurrency, it often lasts longer but the current stability in the value of Bitcoin is good enough and shows signals for revival.

It has being correcting a lot in last couple of months and just creating more panic among the trader int he market. Thus people who cannot hold have started to sell and thus market is taking more dip. On other hand it is also the best time for big whales who might enter now and buy in bulk at such prices and make quick gains.

The thing is that some of them are not going to buy back, and this actually a good thing because they will no longer be manipulating the market. If millions of Bitcoin users will buy what whales are dumping these days, the bearish trend will be over in a week or two max, and a steady growth will start. I may be wrong, but it seems to me that some of the oldest Bitcoin adopters have gotten tired of the game by now, and are going to quit forever this time.

  I think that any market after the explosion to a very high level, they will return to the original is even worse. So we should not be disappointed by the bad years of the crypto market that believe the next few years, crypto will be more popular in the world and their prices will be restored.

Many miners are definitely very upset and with lots of worries about our current state.

It was known amongst some communities that this could happen, institutions don't want to pay high prices for BTC.

This price is a great, historical entry point again. Buy all of what you can!! Last chance!

Best,
Borja

Its true, 2018 is year of correction. Bitcoin and others coin drop more than 90% from highest price. Its hard to predict the price right now but i am optimistic that 2019 will a good year

Oh well that's the best we can do right now. Wait till the bear market is over, and look for 2019 as perhaps that year that we finally see the bulls coming back and taking over the market again. No one expected the market to be like this, we thought that at least a good 5 digit at the end of the year, sadly though, some circumstances that's beyond our control, so let's hope that after this year, everything will be alright and we can see a reversal.

what balloon are talking about ? Do you still think that bitcoin is a huge scam ? No sorry but its not .   this year is only the correction year for btc but it doesnt mean that it cannot rise or recover anymore . many peeps will still find it as a good oppurtunity to purchase more bitcoins because btc is really the future of money .

Since its already given that 2018 is the official year of correction for cryptos , there is also a pump year and that is probably 2019  .

I agree that the price that we are seeing in the market of cryptocurrencies is too low but you need to remember that the markets are not rational and that we are currently seeing people panicking and selling their coins because they think this is the end and that bitcoin is not going to recover, and they are doing this even if deep down they know that cannot be the case.

I agree with what you say, this year is a correction year for bitcoin. I hope that in 2019 the price of bitcoin can recover and be able to attract many investors to invest.

I am not too surprise about this. It is also good for this market correction to happen once in a while otherwise, some people will just continue to speculate unrealistic prices which is not good economic wise. Such may even lead to inflation.

That's right, friend and the important thing is we don't break up to keep on hoping. I'm very sure 2019 will be the year of the rise of bitcoin and other cryptos, but even so, I really hope that the rising price of BTC can occur at the end of 2018.

This year was the wrost of crypto history I think because a similar dip never happened in the history of cryptocurrencues!

We don’t really know what this year or next holds, but I think it wouldn’t be something to regret. Last year when the price was increasing I saved my Bitcoin till when I started seeing signs that there will be a fall, so I had to withdraw funds and see what follows. And even before that a lot of people were saying in this forum that there will be a correction and that’s what is happening now.

In my opinion, we must be optimistic. We all really know the nature of bitcoin and how it behaves every single day. Then why to be disturbed on price falls? It always gives us Bull Run.

2018 is a year of rapid decline of the entire market. Each month, the market situation is only getting worse.  Even seemingly the most persistent traders and investors do not stand up to this state of Affairs. The situation is extremely tense.

Their is also some market manipulation happens for this year. Although the main effect was the bubble of last year's rally that collapse the price of bitcoin and this year is the correction to align the real value of bitcoin. Yet it's the best time to enter the market at lower price.

In general i think that short term speculators levaing the market is good thing , this should indicate the end of bear market but the recent huge drop makes me re evaluate the situation just because the share size of the drop.

Investors are not going to come and throw their money at the market just because they feel like it, they need to see an opportunity for them to profit from this market as well and for that they need to see a positive development in the technology of cryptocurrencies, and until they do not see that we cannot really expect the market to grow significantly during the next year.

Probably, I am mistaken, but it seems to me that the correction cannot last for so long. Almost a year has passed since that time when the market started the fall. I hope, finally, we will see how the crypto is growing.

2017 bullish price for cryptocurrency was over priced and beyond expectation, I feel 2018 is the year of correction, which will be followed by stability in the cryptocurrency platform, the long period of  bearish market trend give opportunity for more investors to join and be part  of the  bull run in 2019.Let us be hopefull for the community.

More than the year of correction, I think that of total collapse!
On the other hand, it is certainly not the first time that the bitcoin almost totally loses its value and is given for dead, but every time it has recovered and done better.
We'll see.

If 2018 is the year of correction for cryptocurrencies, then i think it's one of the toughest corrections that cryptocurrencies have to endure. As we can see, bitcoin's value has turned down to 3,000$ and maybe it will go beyond that in the next couple of days.

Yes, I think 2018 is a year of correction, it takes time to learn and fix problems in order to be ready for next bull run next year.

After a huge spike last year December and somewhere in January this year, there is suppose to be a correction period and that cannot be prevented. This is where most of the investors who made huge profits begin to cash out and when this happens, the market gradually drop in value but when it happens suddenly and massive, FUD sets in and speeds the fall in market price. This is what is seen today. However, the correction period will soon pass and the market will bounce back to normal.

I am not sure that we can call this situation that we see on the market a correction. The cryptocurrencies prices have been constantly changing.  We remember the days when they even decided to jump too high but then, they fell.

Even now, when the market does not look very attractive, you can enter it. The cryptocurrencies are still very cheap, and the probability that they will gain much soon, is very high.

This year has been without a doubt one of the worst for cryptocurrencies but not everything is lost especially if you have not sold your coins yet since you still have the chance of recovering all the money you have lost, but it is something that only the most dedicated holders will be capable to do since the price will take months or even years to recover.

From the beginning of this year, we are facing this downfall completely which we cannot control our patience because market fluctuation is kept increase and this makes many people think about the cryptocurrency. I hope 2018 is completely in correction mode.

We already that bitcoin price value is like a plant, it will start to the seed and that's compared with the start little value since 2009 and because of so many supporters and bitcoin become popular for the entire world it will raised to the higher value amounting to 18,000 USD before the end of 2017, of course we are very thankful of it right? I think no stable and real flat value of Bitcoin the price of it is depending on our hand which is the Supporters of BITCOIN CRYPTO CURRENCY.

I agree with you, maybe this year is a period of correction where last year the increase in crypto value was too high. here users are too easy to consider a crypto investment and are very easy to panic with the decline, the market becomes bearish because the holder's confidence level decreases.

yes, right once in 2018 is the year of correction and in 2019 to the year the same thing, we can see the 2014-2015 second bitcoin chart of the year is the year of correction

maybe at 2019 after BAKKT launched futures trade maybe it could be turning point for all cryptocurrency price reversal.2018 was worst phase for all crypto investors.

This has happened many times before, even back in 2015 and 2016, times that were longer than this and at last in 2017 there came an increase. The problem with now and which is probably the reason why many people complaining is because the price reached very high and fell from such a high top, which is something it has never done before. But that’s still not a reason to complain cause it’s never too late.

There is still going to be another bull, the thing is that you should make sure that you don’t miss it. You can invest some money that you don’t really need (like 1% or so) and then leave it there in case the next bull run takes you by surprise you won’t have to worry since you already have something saved up in your wallet.

Most of those bagholders are still playing with the current situations, early birds who able to hold lots of bitcoin before the big rise are keep cashing out their earnings and making a big effects to the market as those panic holders are joining dumping their coins, afterwards when this bagholders already buy back their coins then they will start to push the price back its an artificial shake extending the bearish market.

however, even if we consider that the stability of bitcoin at the time of recovery is quite good, it is still not supported by factors other than this, for example fundamental factors such as news about bitcoin, be it good news or bad news. The worst thing is that bad news always brings bitcoin back down so if we look at it now, it makes the time needed so that crypto recovery cannot be predicted again

I think it is healthy correction, now are in crypto people which are in trust with future of crypto. If you want to compare prices from December last year with prices this year ... so you are naive. Last year everybody thinks they will be rich for the day and this is a stupid idea. The market is a living creature, and if it is to be healthy, people have to believe and not just blindly invest

the end of 2017 is very exciting for all crypto holders at that time, but in 2018 is a downward trend to date, will this be the true value for crypto? I also believe that because Crypto is better known to the world population and they have begun to selectively choose the best coin for them

I think that neither at the end of 2017 nor now we do not see the right price. It is possible that the real price is between ATH and bottom - somewhere in the middle. How much more or less it is, we will be able to determinate when we are sure that the bear market ended.

I agree if this year is a year of correction because all crypto prices continue to decline and become more stable even though the trend is declining. many of the users are losing money when they invest at the end of 2017 but this is not the end of crypto because prices will bounce and give you a better surprise

in 2018 is a correction for workers in bitcoin, the price 2018 bitcoin is not worth investing, now the price of bitcoin is increasingly decreasing, now I have not dared to invest in bitcoin, if I invest, I will suffer losses, I will always wait for prices bitcoin is stable again

How long do you have to wait, do you still expect the price of bitcoin to fall again? Investment does not require you to sell and get a quick profit, investment requires a long time to sell and make a profit. So with the fall in the price of bitcoin why are you worried about investing? Because if you intend to invest then this is the right time.

Maybe that will come to the mind of all the cryptoholders on what really cause the market price falldown, maybe thete will be some corrections, fixes to be done in every corner of cryptoworld , members should also realized the proper and correct work activities to help also to correct the market if there are that beed to right in order that it might help the market be back to normal status.

maybe it can be because there are so many chage are happen in cryptocurrency wolrd in this year, i think it should be okay if that correction is for something good for cryptocurrency it self, just wait for what happen after this correction

2018 is a total opposite of 2017 because the whole year, the crypto market mostly bearish starting from January with only few short uptrends. This year's correction might be longer and it may take more months before another bullrun start. As a result of sharp drop in the price of bitcoin, many critics predicted doom on the top cryptocurrency making more investors to panic and further price fall this year.

I think its deep correction. Market cap value already drop from $790billions to $137billions. Bitcoin price drop from highest at $19k to $4200. Its really deep correction and i think its hard year for crypto investor. Hopely 2019 will be good year for cryptomarket and market can recover again

absolutely right and it looks like this year at the end of the year to be the end of the bear market and in the coming year the market will definitely rise again

Even if 2018 is the year of a correction, this correction seems to be something that is too weird. What I see each time when I open the crypto graphs, is the price, which differs a lot of what I saw a couple of hours ago. The volatility is great.

I am sure that this was a year of correction. But this year, there will probably be another year, during which large funds will enter the cryptocurrency market. 2019, will be the year for the purchase. Therefore, I would not expect that the price of bitcoin will change a lot for a few more months. At this time, personally, I will try to accumulate as many bitcoins as possible.

I agree with that, this year is a bearish year that lasted longer from what people predict and yes I agree it worse than last year. We all need to  evaluate to make this year, perhaps, to go better. Indeed, last year crypto were overachieved and it affects today's price. Besides, trend is influencing the price itself. So, one of evaluation act is changing the trend by thinking and take a positive step. By complaining that this year like this, like that don't help bitcoin to soar, that's what makes it worse. 

I think Yes, but not in a bullish market but rather to long bearish market trend exist. But besides this downstream correction we should not to loss hope because crypto's has no stable value, and might be next year or in the succeeding years it will go to the moon and have and upstream correction. So better to wait patiently.

I would better call 2018 the year of the crypto bears. The market looks not so good as we expected to see it. However, the hope exists: I think that the bull run will certainly come.

In terms of investors, Bitcoin and all other cryptocurrencies are very, very big risks. This is visible on the current chart. For 2 years we have received a huge increase and the same huge drop in prices. Many investors consider a prospect of 3-5 or even 10 years. But with such monstrous fluctuations in cryptocurrency rates, many people are simply afraid to get involved in investing in Bitcoin. For the development of cryptocurrency and their wide spread throughout the world, such situations are unacceptable. Bitcoin should be as stable as a dollar. And then people all over the world will invest and keep bitcoins.

In my opinion this is fact that for the whole year bitcoin is just the year of correction because we have not seen any major rise in the crypto market and there is a goal for the trader that through this way we can make an online exchange and then we can trade multiple coins in the market, 2018 is full year fort he bitcoin recovery and we have seen that it just recovered in this whole year after a bull market in the last of 2017.

I definitely would agreed on you to that things dudes. Bearish happened the whole year 2018, though most people got really frustrated and disappointed because of the market was in downfall situation. then, lots of ico appeared here too where in the end it became scam project. Where most of the bounty hunters learned from it too.

It happens to be that way because what is happening right now could be the result of this correction. This year isn't good for cryptocurrencies which it continues to decline and probably this is the moment to collect some good coins to invest and hold it for a couple of years.

Yes l agree that 2018 is the year of corrections because there are lots of regrets that gives lesson to me.But its okey because that's the way l have to be careful to have a big profit for the next time.

We can say that the year of 2018 is year of correction , because there might be things that really need ti be corrected as part of this bearish season why that this is happenning ,so there might be reasons that make this market falldown , so as part of the crypto community we are also part of responsibility that make this market down , so this year must ve corrected so that for the coming year , it might have a good trend market which is the 2019, so again let support bitcoin and cryptocurrrency.

the most important thing is that we must continue to be patient with the market, many say in Q4 prices will rise, but not like that until now. focus on your goal to hold, so that if 2019 is not in line with expectations we still have patience

Still no one knows about that, there is no sign for reversal market yet. I think the only one who knows about this is the whales and manipulators. Every market movement these days are unexpected.

You're definitely right because this kind of down trend market time is the time when every crypto traders/investors know if they are in deed experience or not and if they really love bitcoin because i have seen alot of people with higher ranking which doubt the capacity of bitcoin.

No that is not a true value for the cryptocurrencies because still there is a good amount of people who have to come to invest in Bitcoin and after their involvement in Bitcoin the price of Bitcoin will rise bigger. There are a lot of institutions who will also invest their money in Bitcoin.

It's part of the encouragement and faith with crypto's that we're expecting that rise shall come by this quarter. And we're about to end the year but still no signs that it's coming.

Needless to say, we just need to be patient once again if the same year will come by 2019. However, there's an end to these corrections and you know what's the opposite of corrections if it comes to an end.

I also think that this year is year of correction for Crypto, the same prices like two years before which the price of Bitcoin is also very cheap, then a year later (2017) the price increased drastically, so I think the end of year 2019 will be same as the end of year 2017 ago. 

in 2019 the bull also hasn't arrived yet. although there was a sharp decline throughout 2018, but in 2019 there will be no further decline. although the crypto market increase has not been guaranteed.

Too early to feel confident about 2019. My inner feeling says that this year will be even worse. I have been around here for quite a while and I vividly remember what happened during 2014-15. What happening right now shows a remarkable similarity to that period. IMO, the bulls are not going to be active before 2020. That is when the next block reward halving is due.

Not thinking of that possibility anymore.
Haven't you seen what happen in 2018, what it has bring to the market and to the investors, they are down and some dump because of panic.
So, I am not thinking it will happen again, this market is due for big correction, and it should be a positive one.

this year must be a different year for the cryptocurrency investment because it is not like the previous year the development will be seen by me in recent time and also a lots of trust and stability came to cryptocurrency field it will be a good positive thing.

Right now it is time only for bull, as price has been down in 2018 and people took good advantage of it as it was low price so those who are well aware of the price volatility bought so many coins at low price as they knows in 2019 price will be high and it will be good time once again,  so for me 2018 it was only an opportunity to buy at low price.

today may be a signal for bitcoin back mighty, and of course this trend will be followed by other coins, hopefully this is the beginning to return to the era of the glory of bitcoin in 2017

So many people actually thought the correction value of bitcoin would be within last year but the bearish season drag all the way into 2019 but i am glad we saw the correction of bitcoin's price around $3100. With this recent increase in value of bitcoin i am very sure we might see another leg of bitcoin up soon to take us into $5k ;D

No doubt 2017 has been best year in history of crypto currency, when the price was higher and higher that many people has become milliner in 2017 for selling at more than 25k dollar, so 2018 I took as a chance to buy my coin at low price that now I am holding and very soon I will be able to sell it for high price and huge earning.

hopefully, the markets can pick up and keep moving upward for the rest of the year. The crypto winter has lasted so long, and hopefully these initial gains will restore excitement and confidence in the market and snowball into even greater gains.

$ 5k has been reached, I hope it can penetrate $ 6k, because in my opinion around this price is a bitcoin defense. so that after penetrating despite a correction, keep calm to hold it

indeed, when the condition of cryptocurrency prices at the exchange place experiences an increase in prices, this can provide happiness to traders and investors of cryptocurrency, maybe you should not expect but participate in doing price increases by buying coins at the exchange.

I agree with the opinion that 2018 is a year of correction after cryptocurrency in 2017, especially bitcoin making a history of prices reaching almost USD 20,000.
After that it must be repaired so that the future can be accepted by the wider community because if the price is too expensive it will be shunned by the community and considered unreachable and not feasible for investment.

The correction is over, this year should be a year for uptrend, we hit the bottomed last year IMO and this year we should see some good rise.
BTC for the first time after being dumped has rise to $5,000, and this gives us a new light that the future is still good.
Don't loss our hope on this, this is just the beginning of the good future.

2018 was the year of correction. All the bad coins vanished and the btc is strong considering that is still almost half of the value in the bull run.

There is one way to find out if they completely vanished, and that is when the bull run will stay for long, and if they still did not perform
then we can conclude that they vanished. Last bull run, there's plenty of shit coins in the market that pump, so I was thinking it could happen again.

That's right and 2018 is a very bad year for crypto because all the price of coins in the market has decreased dramatically, which has caused the loss of many people.

In that year there were many things like big fraud in ICO and also a correction in the cryptocurrency market that was very deep so that indeed made the cryptocurrency holders suffered a lot of losses in that year

it is very difficult to predict I think that the risk of investing in crypto currencies and correction is important as a comparison in the future with crypto currencies

Yes, 2018 is the year for correction because we have seen a huge downfall in the market due to the huge fluctuation of Bitcoin and ETH. There are many good potential coins lost their value in the market and this makes people lose their hopes in the market for the recovery of Bitcoin price.

I feel that 2019 gave us all hope and it is back around 5000 USD. I am hoping this year will be the year of increase. However, I am waiting for that dreaded Mt Gox correction in the middle of 2019 again darnit. I am hoping this time the Japanese guy will use OTC.

we all can see it, because the crypto state in 2018 is quite worrying. sometimes there are also people who think that crypto will not grow back, because the conditions are quite decreased so much. but for me personally, I still feel comfortable and believe that crypto will grow again.

In reality 2018 was a much expected year for bitcoin as well altcoins. To the expectation things took place in the opposite way. This expectation was due to the unexpected price increase creating a new hope and the sudden fall creating another hope that it'll recover as most cryptocurrency faced the loss. After a long now the expectation has got fulfilled, and hope this time it won't be the same as 2018.

it's true that in 2018 there were a lot of corrections in various jobs such as investment and trade because the market was going down which made us now know what we have to do so we don't suffer losses anymore

Well, you know what? I wouldn't be too sure that this year won't be a big year of fraud. We've already seen in Q1 quite a bit of drama. Quadriga exit scam, and then supposedly that NZ exchange I forgot the name and then Bithumb claiming it wasn't hacked although it clearly was. That's many exit scams potentially to deal with.

Oh and then all the FOMO about IEOs, not to mention the first IEO was cancelled because it was... a SCAM!

The number of scam projects made many investors afraid of being hit by scams and choosing to sell their crypto, this made bitcoin continue to drop and become the worst record in history.

I think the 2018 is not there that we are expected but unexpectedly 2019 will have a huge difference from the previous year that's why we are trying to hold our investment and make it more profitable then every situation I think the possibilities also there to develop a huge amount in very short period of time.

That's right and now we've filtered the bad stuff and were left with awesome projects like Brave and BAT.

Most low quality projects were filtered though I can still see snake oil in the the top 100. The high quality ones will survive and gain amazing value in the long run.

but I think 2019 will be most probably the right year for the changes happening because the year of 2017 is probably the best here for the cryptocurrency development so I think this year is also like that if it was more stable than the development is also huge.

Yes, 2018 was the year of correction, i think this year will be the year of growing, little by little but maybe this is not year of bull run and a new ATH but next year can be the year for a new ATH.

Agree we have experienced so price fall in 2018 but for me it was really good as it has given me chance to buy the coin of my choice at very low price, I got the opportunity to make investment on right time and it is best time now as price has started to rise, now fruitful time has begun and holders and investors of 2018 are gonna be very happy now.

Well, as for year 2018 should not be referred to as the year of correction but the year of bearish trend where almost all the price went down and only started recovery this year 2019.

2018 was so intense and full of bad moments for most.

But this year, 2019, the market starts to rise and we all tend to think that the bull run is about to start. And this hell of bear market is to be kicked out soon.

Most cryptos overvalued by the end of 2017, so the correction was inevitable. It lasted longer than many people thought and taught some lessons to investors (newbies and experienced) alike. Some people think 2019 would prove to be a game-changer for cryptocurrency.

I am not sure that bad tokens or shitcoins vanished. Still, many beginners buy them as they believe that they will pump. 2018 was the year of the bear market mostly, not the correction only.

the time for correction I think before 2018 it is also possible to make corrections with more corrections we can better know the graphical flow of crypto currency development and we can make choices that we will invest

2017 we have the all time high for BTC and most of the altcoins.
If you notice, most part of the year 2018 we saw that the price is dropping, and we called that correction.
Now, it seems that correction is already over, or probably BTC and altcoisn was oversold that time, so now we got a bullish for a positive correction maybe.

now its time to all cryptocurrency price back to all time high.atleast market capitalization rise now.we hope this movement was permanent bullish not only bull trap by whales.

2018 was one of the big expected year for bitcoin, but things didn't go as predicted. The market experienced a massive fall in value and the same didn't recover. The growth of cryptocurrency in comparison to 2018 is big, from the starting of the year 2019 bitcoin has been growing in a stabilized way. From a low value of less than $3000 price has come above $5200 now making it a strong recovery.

many hope that, it is unfortunate if only a trap from the whales, of course after that the price will be a severe dump. and many are frustrated again. with healthy development, of course a consistent increase can be achieved

2018 was never the year of the crypto market correction because we saw bitcoin dragging down in value with most altcoins following its lead. However, the latter part of the first quarter of 2019 seems to be the correction point. In the mean time bitcoin is now above $5k and things seems to be looking in the right direction for a further increase in value.

Yea, i think so, It was too distance price between 2017-2016 price. It should slow and steady so that we may happy today with BTC price. Actually when men accustomed with high demand and that time if he not get that, this is very problematic for them. But if anybody grow up slowly he can easily adopt with any bad situation.

In 2017 price was so high and it was more than our expectation but it is only because we really supported and people invested for long term without any problem, but suddenly whales attacked the market and they sold so many coin at once which made the price down, so in 2018 price was low but now again there is a hope that market will recover and price will be high once again.

It was clearly because of FOMO, people got caught with it, they think BTC will still rise and it will change their lives.
People learn their lessons the hard way, their wrong mentality that investing in bitcoin could give quick profit lead them to big loses, but it's still not the end. They can still make profit with investing in crypto, if they will be patient enough and start to be realistic.

Both were out of the expectations of almost all of us. 2017 was unnatural and good for those who made real huge profits from it but it was destined to get corrected big time. 2018 was a year of correction but not many of us expected it to be that bad. And the worst came in the 4th quarter where we again were expecting, this time for the price to recover. See where our expectstions are taking us? Lol.

I agree with your assessment, it is indeed a year of correction, it's hard for people who bought on its all-time high, they will have to extend their patient and wait for another all-time high, but I guess nobody here now owns Bitcoin that they bought in its the all-time high, only a true believer in the future of Bitcoin can do that.

In my opinion, the correction is going on now, 2018 was a year of recession, this year we already see significant growth, but this does not mean that it will continue without a fall.

if we looking bitcoin and other cryptocurrency price few days ago maybe this bearish trend will ended soon.daily market capitalization rise alot , and it show optimism from investors.

price now looks good.its movement make new investors investing their money, they didn't want miss this moment before bitcoin price go higher again.

We don't know when is the correction when it comes to cryptocurrency as we can the great decline after the ath happened dipping below 3200 and now it is starting to recover from the dip, what I want to say is the volatility of crypto is incomparable to forex because crypto have no definite value it can go ridiculously higher in just a year so. Good thing is the recovery so we are good.

Why you discuss a topic that is already outdated? 2018 has already passed. It was a tough year, but at the end of that year it became clear that the market would stabilize to shoot up in 2019!

Everything has been balanced last year. There are people who wished and expected for the bull run to happen last year but it has just been corrected. As for me, that kind of year is important and would make things better in the world of crypto. I believe that the prices would go better this year.

Bitcoin has no cost ceiling. He can grow without stopping. He can also fall without stopping. Whose hand is heavier and decides where the price goes.

Yes now price is rising high and we have good opportunity for us, as price is rising in future it will be rise even more than this, 2018 brought so many changes in price which are good for new investor as they got the chance to buy at low price and now after holding so many people will sell coin making profit, so for me 2018 was golden chance to buy low.

Yes you’re right, and such a thing pisses me off a lot. I know a lot of my friends that does that. They’ve been talking about cryptocurrency since over five years I started it and now they are regretting that they didn’t get in with me when I did because they thought that the price isn’t going to increase. Till today, they are still not ready to invest because they are afraid the price will go down. If you’re not ready to take the risk, then you’re not ready to achieve anything yet.

Even the bull run we had in 2017, it took like a year before it happened. There was a bearish trend starting from 2015 to the year 2016. So, bull run doesn’t happen in every year.  If it’s like that, then this would no longer make any sense. And this is not a place for those that are looking for how to be earning quick money,  nah that’s not going to work out. I like it how it is,  if you can’t have patience, you leave for those that can have patience.

Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.

This correction may result to downfall and I'm also sure that it will affect the people around to doubt it because of emotional stress. Having this kind of stress might hinder your thought process that could affect your daily trades and decision making. Imagine this idea to apply for almost all of us I think this would result to unstoppable loss for bitcoin. Well that's my opinion though.

The important thing for success is to take risks, if we don't dare to take the risk of loss then don't even think of getting big profits, crypto looks good because the daily trading volume is so large that I believe to invest more.

The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto.

Maybe it means the bearish market which indeed can occur in a period that can be said for a long time, the market is currently in a cycle of correction or only volatility which indeed when the increase that occurs this always decreases the price which means it still takes longer to get recover higher.

It was a year that people could catch their breath before the next crypto rally. 2019 will be much more interesting. Fasten seat belts.

Agree.Last year is not a satisfying year, in fact I can consider it a bad year for crypto. This year we have a good start and we hope this start will lead to a wonderful ending for this year, although we can also expect last year that the price will dump because of heavy correction, but the price is just too oversold resulting to a very low price, now, we are also correcting it for a reversal of the market, and this should not surprise everyone.

after flying high and reaching a saturation point of course it will pass the correction phase. but for 2018, I think the increase is unhealthy, because the correction is too deep, we hope that now the market can grow healthy, we know there is resistance near the current price, hopefully it can be broken

Last year was never the year of correction but hopefully enough the first quarter of this year seems to be the correction point of the crypto market. I have been reading about Elliot waves for quite sometime now and i think we are going to have a run of the crypto marketcap in the nearest future.

A correction was due in 2018, since the prices went up from $900 per coin to $20,000 per coin in 2017. After a 20x spike, it is only natural that we can expect a major correction. But it needs to be seen for how long this correction will last.

The complete year provided with the bear trend with the sliding of the price, and after a long 2019 has provided with the gradual increase in the price with the massive adoption. Importantly from January it has recovered reaching from $3000 range to $5000+ by now. This form of growth is predicted to continue with small corrections in between.

Agree with you here, because 2018 is sure a hellish market that people dump everything right away and it goes deeper and deeper, it seems like bitcoin time is ended because many regulations pop up. But for the year, it is a correction time which people need to adopt it back again to gain some profit in the next few years later

Does it now mean it should not have achieved as high as that in 2017, are you saying the correction now is supposed not to make us have as much as that this year 2019. With the prediction, we are to have close to double of what late 2017 brought. The correction I desire now is
That the bearish market melt away, its just too boring  :P

Yes definitely there are lots of things that to be corrected in the year 2018 and it is the most unexpected year for every Crypto investors to stay without any profit in the whole of the year but in the 2019 will be little different from the previous year and there will be lots of chances of development is happening right now
.

Precisely, this is a cycle that will never stop, and moving in one direction is impossible. The increase in 2017 was like the hype. There was a great increase without stopping, and such a fall would be expected.

By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.

For the last 3 months, bitcoin has been stable, it has reached its bottom and did not dump anymore.
Only this month where it changes everything, we have a big pump and we can think this is also a big start for the bullish market.

People are looking for the bull market because they know the experience, we have been here in the past and we like to go back again.

I hope it can continue its trend to continue to rise, but at least Bitcoin shows its strength to fight the bearish trend, which during 2018 occurred. this denies that BTTC will bubble, like many people worry about it

after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars

It is natural that after the price of a commodity has experienced a very extreme increase, it does not rule out the possibility of further extreme correction and it is difficult to recover because the resistance point that must be penetrated is very strong, as happened in 2017 and 2018 this is a turning point at the same time correction from the previous price peak. Many traders and investors feel acute stress because the value of their assets becomes very cheap and has almost no price at all. Finally, many of them reluctantly make a sale, and of course it becomes a trigger for prices to fall deeper and lure other people to sell at lower prices.

Lol, my question is where did people get this idea that Bitcoin needs correction?  ::)Okay, Bitcoin needs correction and what about other coins, do they also need correction and was it why their prices decreased? The price of Bitcoin fell because people sold off and the demand also decreased. That’s what I believe.

it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again.
we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.

We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.

It is even now under correction  but as you said something is better than nothing so the same way miner Increase in price is better than nothing, now price is increasing day by day, I can see market is increasing 2018 has given us an opportunity to buy some coin at very low price and then hold it until it recovers higher, so I am holding lets seen when the bull stops.

yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017
where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way

right, now the support area is formed and allows it not to go down again. this can lead to the formation of an uptrend so we can just wait to wait and keep the assets we have, so we don't panic sell them

There's no reason to do such act, panic sell due to this increasing value is not healthy when you are real investors inside, the small form of good position
will be the strong support forming a good lift to bounce up, this is still accumulation period for people who wanted to make a good future profits, leaning from how the trends is building a good run.

Ideally, the profit booking must be done when the prices are high. It is not advisable to sell the coins while the market is undergoing a correction phase. The most sensible thing would be to sell the coins in small installments and to refrain from dumping all of them in one go.

Indeed, we should not sell our coins during the correction phase because it is not a good idea and it will just lead to a loss for us investors and instead of thinking about selling our coins, we should just think about buying in order to save money and also to not miss the opportunity of the cheap sales in the market.

I am agree with you. Crypto is new investment and still at early stage. If we believe crypto is good technology, i am believe crypto will more worth in the future. Its about the perception about investment and crypto is long term investment.

Real value of BTC is 3000$ and it was really good when it was trading at 3000$. This correction or you can say deception made people more greedier. Now everyone wants more and more. Due to this fake ICO were very active. Stability of BTC around 4000$ to 5000$ has made much better. Now people are again making their steps towards more ICO and other crypto related projects.

I hope it stay at that price for the next months, would be nice if the price goes higher but at least i expect it don't crash. Only time will talk.

I think part of the market is obliged to IEO, in fact it was possible to do what could not be done in 2018, to introduce safe investment in ICO, which led investors.

In 2018 there are still good ICO, or should I say ICO is still popular, though its losing its popularity, IMO only in the last quarter of the year was people already losing hope in ICO that's why IEO was introduce this year. It's a new idea and we are thankful that exchanges like Binance are finding ways to attract investors again, and since this is successful, it could be the trend this year and will help the market to recover.

Many crypto experts also believe that 2018 is year of correction and it obviously the longest bear market to happen in cryptocurrency history. But there are still some growth even the bitcoin keep falling and they are the top altcoins where some of them go up whikt the market is overwhelmingly red. Lucky for those who purchased bitcoin especially in december 2018 when the price is down to $3200, if they hold it till now, they already made the biggest gain for this year.

is it true that 2018 is a bitcoin correction in 2017? I can answer maybe, but is it true, it is still a question too. but now it appears that bitcoin is starting to show a resurgence and is moving upward, which might also be the same as 2017.
Is it possible? everything can happen.

I agree that this super dump last 2018 is just a correction for people,to accumulate more bitcoins for the upcoming bullrun this year.Some of us lose hope last 2018 putting all their money in and now we can see hope to regain all losses and gain so much profit

2018 was the year of correction because every bull market is followed by a downward trend in market prices. This happens because investors begin to sell their possessions to make enough profits during the peak of prices of most of the coins. There will continue to be a downward trend as investors continue to sell - this was what happened in 2018.
2019 started with a great resistance to the bear market in 2018. This is known as the resistance phase because the downward trend ceases to progress and there is no significant rise in prices too. However, Q2 2019 started with gradual increase in market prices and this has cause a significant rise in market prices and value. This movement is likely to trigger the bull market.

I'm happy and proud to say that I accumulated that long period of bear.
But I have friends who are unfortunate enough because they panic and dump at that period, now they seem to be coming back and might get FOMO again.
If you are not smart, you'll make the wrong decision, which is the opposite of buy the dip and sell at peak.
These morons buy the FOMO and sells the FUD.



Me, I didn't because I know crypto will recover and whales will pump this up again.

in my opinion this correction will not last long because the increase is not too high like bullrun in 2017 where there is crazy crazy bullrun and correction that occurs very deep can make people instantly go crazy if he loses / experiences very brutal losses we just need to be patient and be patient with this kind of market anyway
this is very good for the market health in my opinion
will rise anyway in the near future

I don't think it's just a correction, but a severe dump, in my opinion. at such times we are psychologically tested. especially for those who invest at the beginning of 2018, of course they feel very much mental stress. but this year a little hope reappeared

this year I think the price of the majority of coins will begin to show quality gradually so making long-term investments is likely to be the best solution for traders to avoid losses after they panic at the price movements at any time.

I agree with you. In 2018, there are a lot of new investors coming in because they only see an increase in 2017. But what happens? panic broke out in the market and even those who just entered also felt panicked and sold with losses and that caused a big dump. This year it seems that trust is starting to come back and let's see what will happen in 2020.

In my opinion I believed 2018 to be the year of ethereum, as well to experience good growth with majority of the altcoins. To the expectation everything happened in the opposite manner. 2018 not the year of correction, but it was truly the year where people understood the true nature of cryptocurrency.

I agree with you, in 2018 there had been a drastic drop in crypto prices, but I always have confidence that prices will be up, this is just a matter of time, if you are patient, you will certainly get the benefit from the investments made in 2018.  

True, 2018 is a very bad year for investors because the price of Bitcoin has fallen sharply, so that it can be said that 2018 is a year of correction, and at the moment we all see that prices have begun to recover, so many benefits can be obtained at this time.

LOL, 2018 is a bad year, it's really a year of correction, and 2018 was the worst year for crypto, especially the altcoins like ETH.

ETH high in 2018 was 1398 usd while its low was 86 usd, there was a major dump here.


Whatever you think about that year, it was a bad year and we need to recover, well, hopefully this year is the year for big recovery.

It is not just correction, what we experience is a massive correction. People were much into speculation about the price of bitcoin reaching $25000 and so on, by that time the price began to fall and this too is believed to be a fluctuation and when it didn't showed any possible recovery users understood the reality. Further based on the same this time there is no big speculation in the market regarding the growth.

LOL.... 2018 will be known in the history of Bitcoin as the year in which the cryptocurrency got rid of the non-serious investors. A lot of people jumped into the world of cryptocurrency in 2017, probably attracted by the huge spike in the exchange rate and the mainstream media coverage. They wanted 10x or 20x returns in a few months time. When that didn't occurred, they just sold their coins and made exit.

I think 2018 is a strong year of bitcoin and the market after peaking and jumping in 2017.

It can be seen that bitcoin prices are showing signs of strong recovery and the time has returned to the $ 8600 mark. According to my analysis, from now until the end of 2019, the price of bitcoin will probably return to $ 16,000.

That was suppose to be their learning point, but some who did not learn while they stay surely panic and sold their investment at a lower price.
But this year since they've seen crypto recovers, I'm expecting they will come back strong this time and in case price will dump, I think they will not anymore panic easily as they have proven investing in crypto is profitable as long as you are willing to hold.

2018 is the year of disaster for the community in crypto industry.  Why? out of 95% I think of the ico that arise was all ended up into scam project, only few of the ico became good to give the bounty distribution of the token to their participants. So I guess, this year teaches us many things to become a good bearish people in my own opinion.

It is true, in 2017 there was a considerable price bubble with this bitcoin price and a decline in mid-2018 so we must study in 2018 and keep the bitcoin price stable so that it will not look like last year and will  continue to improve in the future

Not only in cryptocurrency but in all business,.any year there is a big boom the following year os accompanied by a dump which is the correction effect. In 2017 cryptocurrency had their all time high price and a major boom. 2018 was just a year for correction.  After the corrections will come a major boom also

After the end of 2017, the cryptocurrency market has shown a significant decline. we can see a decline in prices that occurred from the beginning of the year to the end of 2018. at the beginning of 2019 the market still has no change in the high 2 months, the last is the price movement

We don't actually hold it if this year is going to be the same as 2018s bear market or will be different from that. 2018 was gone and we're on the new year that looks better than last year.

The first quarter of 2019 has been so very good that made everyone excited again to predict a better price. Bitcoin moved almost 300% within few months of recovering.

now the price is not too much to make heart gymnastics like in 2018. but what is faced today, do we hold it strong when prices are in an uptrend? it seems easy, but this sometimes becomes an obstacle

When a certain stock or currency is already considered overpriced, it has the tendency to correct itself in the coming days. The bear market of 2018 might be a corrective reaction to the soaring bitcoin price inthewhole year of 2017 and culminated on its final all-time high in december. The bullrun almost lasted for a whole year of 2017 and bearmarket that followed it also lasted for a year. These are all part of the cryptocurrency market cycle.

I've actually sold few of my holding to take profit so it's up to your take if you hold strong if the prices goes up.

It's not bad to take profit with your holding. The thing is, you should have a plan when to sell and when to buy. Just like now, the price isn't too much so if you have sold earlier few days ago you are able to buy cheaper coins now with some profit on the side.

holding also need strategy to maximize our profits.its like trading, and we should doing buy and sell in some periode.for example if our tokens value rise more than 100% only in few days we need to sell it first.and then if its price make correction we buy back.so by doing this our tokens amount will bigger than before.

Yes, you're right.

There's also a strategy on when you will start selling. It's not like you're going to hold forever, some decided to hold for a certain period of year and they will have their time of selling it.

No one holds forever, it's a cycle, a repetitive act that we do. Buy, hold and sell later.

this is naturally done by cryptocurrency users, in a certain period they are free to make a sale or purchase depending on the decision they will make. take action within a period of time that has been decided of course it can be profitable if the action taken uses the right strategy

2018 is over now and markets have started to even recovered in 2019 and due to which we can see how it is rising and reaches 8500$ at present and soon it will rise 10k levels and more . So rest assured to start investing in this year.

2018 is the year of full expectations but lack of profits. In this year, almost half of cryptocurrency enthusiasts take a sudden break. Even me, I stop in playing my asset in cryptocurrency since I have loss a lot. Imagine, there is no more price until the end of 2018. In fact, I lose already my hope that cryptocurrency will be back.

The thread created last year and the topic was also from last year but i still see guys that are reviving and posting from this  . cant you guys move on ? We are now already on the year 2019 and cryptos this year have greatly recovered so we should be contented from now on  . lets foccus today , we should buy and invest more because the year 2019 is still a long way to go before it gets finished  . we should not talk about the past or the future 

Let's forget about the events of 2018 where the market price situation was very bad and will be a lesson where we are tested for our patience and strength to hold it back.
and this year is a good year because the market is recovering, especially the price of bitcoin which is always increasing and providing benefits for those who already sell it, in my opinion bitcoin will continue to rise slowly towards the highest price because bitcoin greatly influences the movement of other coins that will adjust it.

  No mater attempt to hold your expect higher because i am confident the value will again to be surpassing one day , we all know cryptocurrency is has volatile in nature thus we must always have patience in this regard, great things takes time to occur so in 2018 numerous people including me bought crypto for investment and now it is good time when we will be able to sell for profit , so keep trusting and don’t lose your hope.
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So many people predicted the crypto market correction point would take place in 2018 but this is does not turn out to be as the cryptomarket sunked very low in 2018 until about a month ago in this year. We have been seeing some significant growth and rise in the crypto market.

Yes, it's basically a normal thing and part of being a crypto person.

Just like what every investor do, they buy the stocks, wait until it goes up and then sell it anyway. But this has been donely wrong by most of the panic sellers, they sell at the inappropriate time.

Maybe that's true from a huge and fast growing of the price in year 2017 I think in 2018 is the right correction of the price, even though it's hard to see that some of us lose that time but now this is a great year to back what we lose before.

Losing is always part of investing, but recovering when we loss is what is more important.
This year, we are given a chance to recover our loses, and for me, I would not waste this opportunity and I will continue to hold and accumulate
with some of my extra money to maximize my income.

I know it's not a bull trap anymore and the bear market is already dead, I'm here with my full trust and will hold stronger.
This year is going to be a good year, price slowly rising, major altcoins rises, so sooner or later, everything will follow.