Yeah, people like me will be slightly happier for this correction, long awaited and long delayed. Definitely had a good run and honestly not out of sync with the rise and decline patterns we've been accustomed to over the past year. Is this a good place to buy more Bitcoin? For sure, and to return alts to better levels against Bitcoin, I might add. I may even be hoping for below 10k if it it will mean a healthy surge back to $15k and a stabilisation attempt there. Christmas gift indeed, if anyone here is looking for a payout in crypto.
Overall, my holdings have slipped 30% from just a few days ago, so diversification hasn't really changed the broad pattern of losses, but like most holders, this is but a blip we're happy to have now rather than later. Well, if is goes down a further 20-25% in this final week of December, I'll be an expert for having predicted a max level of $10k by the end of 2017
Of course! This is more like having a sweet year and then bitcoin giving us a chance for the next year to buy in more at a lower price. A max level of $10k would actually be a very good one and I am really trying to see if the $10k may last though as there are so many buy order at that point, but let's see how it goes. that would really give an opportunity to get at even a better price. It is really a Christmas gift and I hope the discount phase lasts.
Yeah, this is more like a Christmas gift truly for those who really understand the main value of bitcoin and not just an asset. A lot have bought in now and even if we still end up having another dip, a lot will still definitely be buying more.
If this did not happen and the whole craziness kept going, it would have happened at some point anyway and that time probably would have been worst, but it is good we got this and from here onward, we can have some good movement upward.