Be careful, bitcoin will correct

[GreenBits]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

I have been preaching this for months at this point. finally, finally, the reckoning is happening, we are slowly starting to establish a dead cat bounce. As OP, i suggest going in which a percentage scheme (50% in 50% out for example). Anyone that says they know how this will go is lying to you plainly. There is a ton of profit to made in thses disrupted markets ,but there is also a fortune to be lost. be careful. look at general trends, back that chart out to 1 - 6 hours candles before you make a purchase.

I dont think this is over yet.

[DiscretePatriot]

A dead cat bounce was what I thought it was, just was waiting for confirmation. If it falls below what looked like to be the new support, I'll sell all.

[Snub]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

I have been preaching this for months at this point. finally, finally, the reckoning is happening, we are slowly starting to establish a dead cat bounce. As OP, i suggest going in which a percentage scheme (50% in 50% out for example). Anyone that says they know how this will go is lying to you plainly. There is a ton of profit to made in thses disrupted markets ,but there is also a fortune to be lost. be careful. look at general trends, back that chart out to 1 - 6 hours candles before you make a purchase.

I dont think this is over yet.

certainly everyone must decide for themselves and choose the best time, but it is also important to believe that bitcoin will grow and not be panic-stricken

[coinSpecter32]

Well bitcoins correction I guess have ended. The price right now is going up and expected to reach 20k before the year ended. I think all of the fears are now gone.

[chickenado]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

Those people who believes in bitcoin gain more profit than to those who have less patience and decide to sell their btc if its price increases that can cause a correction.Most of investors wanted to profit immediately are those newbies that doesnt want to hold their btc for a long time because of being afraid to drop in its lowest price..holding takes a lot of courage to do it..if investors would sell their btc maybe thàts what they think a perfecr time for them to profit its their choice and we have nothing to do it..even if it affects btc price as a whole.

[sparveenat]

What you have told is correct we should be more cautious about the correction of bitcoin price at this level is lot to mean and we have to accept that it is good for everyone to sustain in bitcoin the inflation is everywhere and in every product but about bitcoin it looks like something odd, at least it started to consist on this level which will create more confident about the rate of bitcoin and its performance.

[coinSpecter32]

Still we cannot remove the fear of others in bitcoin. Compared from the price before when it was just starting, there are $$$ involved right now. If someone will lose, they will lose big.

[Flor1982]

What you have told is correct we should be more cautious about the correction of bitcoin price at this level is lot to mean and we have to accept that it is good for everyone to sustain in bitcoin the inflation is everywhere and in every product but about bitcoin it looks like something odd, at least it started to consist on this level which will create more confident about the rate of bitcoin and its performance.

I think this they so called price corrections is just a manipulation attempt on bitcoin to make price fall down and to disappear by dragging people to become panicking selling all their bitcoin and other digital currencies. I believed there is conspiracy of some group of people like the banks that they will try to get rid of digital currencies.

[coinSpecter32]

I don't think bank is involved in this, and there is no manipulation of price right now. The price depends on the movements of traders in the market.

[hypersonic1]

Those who have been watching a while already knew this and have hedged their funds/bets/positions in order to ride out the storm.

[puturo]

Before the value of bitcoin is dropping i already get a little bit of profit. But still i did not get my investment yet because i'm hoping for the value of bitcoin to go up again for this christmas.

[zolfa]

Bullish season is coming again. I think Bitcoin will go up 18k level. Until new year we can see 20k level. I dont believe that bitcoin will make a correction at this level again.

I do not see that, but I see until the end of the year there will be under 20K. and this is a tough day for bitcoin.

[coinSpecter32]

Before the value of bitcoin is dropping i already get a little bit of profit. But still i did not get my investment yet because i'm hoping for the value of bitcoin to go up again for this christmas.

Well lucky for you, just wait for another correction and then invest again. What is really important in bitcoin is to get profit, no matter how many corrections will happen.

[werner52911]

These price swings were predictable and they will continue to do so for quite a while.

The BTC price arises from supply and demand. Especially in countries with great uncertainty, both politically and with the currency, people go to the BTC
The big funds and financial firms are taking profits, so the slump. We must not forget that the BTC has a real value, which is currently at about $ 8,000, below which the price will not fall.

The BTC has arrived in the big financial world, so it will continue to grow in 2018. The government's announcements to regulate it will lead to falling prices for a short time, but then lead to strong price recoveries.

[fabrizoc]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

The up and down impacts traders mostly but investors hold their coins for a long time. There have been many big and small corrections but the trend is always up.

Correction is indeed going to help so many people in collecting bitcoin at cheap rates which would have not been possible otherwise. Bitcoin is one of the most expensive commodities of world and it is really hard for people to buy it directly with cash from exchanges.

Hopefully correction will lead to some decrease in values which is going to invite new investors in bitcoin market and will simply increase the prices ultimately.

[BigTeeths]

The correction has now happened and now people are panicking but for me I'm more worried if btc just continue going up and not having this correction. It's better this way and then another all time high next year.

[nicesquawk]

That is possible at the rate that bitcoin is rising now. It opened windows for investors and opportunities that they want, but in the future a correction would happen.

[RNGfight]

If not now, eventually.

The price is over inflated, that value has to come from somewhere. The overall economies don't just create value out of nowhere, they move it around.
If the market swells so as we have learnt from the past there will always be a correction to find market equilibrium.

I'm warning you now, as a friend. Don't be caught out when it corrects.
Draw down your stake. Leave some in it if you really want but trust be its better to be safe than sorry as it will correct and when it does if you're not prepared you will loss heavily.

Bitcoin has helped to spread wealth to those who believe in and support new technology. It is time to take that money and invest it in developments elsewhere while we still have the chance.

Yes, the price of bitcoin has been corrected once, and then it may be up again, in my opinion.

[AnnarioN]

Where the world will be when everybody would read everything on the web and think that's true...Sorry but I have no evidence to trust you and  I recommend to  others to do like me.

[coinSpecter32]

Where the world will be when everybody would read everything on the web and think that's true...Sorry but I have no evidence to trust you and  I recommend to  others to do like me.

Actually its true, every price movement there is a correction expected. It can be backed by how the bitcoin moves in the market, you could actually analyze that once bitcoin goes up big, it will go down to correct the price.