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Author Topic: Market correction  (Read 481 times)
ZloiRediska
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January 23, 2018, 03:11:18 PM
 #61

Bitcoin now and so well fell after correction from 20 thousand. Now it's expensive for him to go up. It was a great chance to skimp on the crypto currency before the spring 2018 crypto season!
ukw
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January 23, 2018, 03:17:38 PM
 #62

It is hardly anyone can answer this question for sure.
We can guess when, if we look at statistics from previous periods, but this is also not certain. We have to wait.

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bosede1
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January 23, 2018, 04:38:41 PM
 #63

No how corrections will be taking place and the weak coins will be swiped out, one just need to make sure one invest wisely after much research and consideration and relax to see what happens next.

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Valzador
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January 23, 2018, 04:45:53 PM
 #64

I am not very familiar with the term "market correction" on what basic can be said to be correction? who corrected? no one, this is only a suggestion from you who have lost money.
Yaunfitda
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January 23, 2018, 04:48:53 PM
 #65

Now that the market has started to make a big adjustment, bitcoin is down nearly 100% from $20,000.
Other altcoins have fallen even more, and if the bear market comes, I think most of them will die.

WTF are you talking about? if bitcoin is down 100%, then the price should be literally 0 by now. Need to check you math dude.

Would there be a big correction happening in the near future, to shake out those weak coins Huh

Of course there will be another correction coming, its inevitable, just the question of when its gonna happen. It always appears when the price is moving to a unprecedented level. Like what we have been seeing, bitcoin grows significantly to $19K, so this correction should have been expected. It could have happen last year as well, but people keeps buying and there are a lot of positive news like the CME and CBOE bitcoin future contract offerings.

But with so much negatives in the last couple of weeks, I wasn't surprised at all that we have seen 2 market corrections so far. Just to continue to Hodl though and wait till bitcoin settles in and makes a comeback.

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Opnsrc
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January 24, 2018, 01:54:53 PM
 #66

Would there be a big correction happening in the near future, to shake out those weak coins Huh

I suppose the market of crypto is in the correction stage already. As we all can see, all alts together with Bitcoin are going up and down. Hope it will be finished soon.
Mohamme
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January 24, 2018, 02:00:34 PM
 #67

There was a support for bitcoin at $10,000, and I think it would be hard to drop $10,000 without a policy.
So I think this is a good time to invest in bitcoin.

Pom_bensin
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January 24, 2018, 02:10:00 PM
 #68

Would there be a big correction happening in the near future, to shake out those weak coins Huh
it is time to buy worth coins to invest. Once the market green, take a step to make profit. It is good time to make profit when the jump and down is very high. I think if you watch the market it is great time to invest.
now may be a good time to buy coins at cheap prices for investment. because of the current market correction all the coins have a significant price decline. but we can expect in the future the coin will be a coin that has a high price.
shibaji
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January 24, 2018, 04:41:50 PM
 #69

Looks like we might get another leg down before steady uptrend resumes. All the news about Korea and India cracking down and freezing bank accounts related to crypto trading platforms is not helping at all. Hope this resolves soon!
randythered
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January 24, 2018, 04:48:37 PM
 #70

Would there be a big correction happening in the near future, to shake out those weak coins Huh

The big correction has happened/arguably is still happening. I think we've found the bottom but it could be retested and a new bottom found. It won't get rid of weak coins though. Just burn many investors who thought that investing in everything was a good idea.

Baronggot
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January 24, 2018, 04:56:43 PM
 #71

Correction is part of cryptocurrencies' growth because without it, it might not become a digital currency that is more improved than before  and it might crash badly if no correction is made and it will be more harder to recover it anymore. It's just normal and all is well and hodling is the only thing that you can do at the moment.

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