Be careful, bitcoin will correct

[tomwalsh]

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.

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[soham]

That's true for any other asset as well. Bitcoin price has increased exponentially over the past few weeks due to the positivity around the market and investment inflow. Any asset increasing that much will have to come down at some point to make its base stronger and to take the next leap.

But this correction will give investors like us an immense opportunity to buy again at a cheaper price. So the correction is not going to last longer for sure.

[Fire Rabbit]

Definitely you can expect that and it always happens after a sudden surge in its price. Its because when there is a sudden increase in its price some newbies will sell their coins to take their profit share. So the price of the coin will slightly go down. When the price goes down, bitcoin trading experts will buy the coin to store in their wallet. This increase its price again.

[Vannie12]

I think the big inflation was last week, and it already corrected to sixteen thousand dollars.
I think it will not be down or below fifteen thousand dollars if it is to be corrected more. But I think it's fair enough because of the great increase this year. No regrets if it didi.
I have withdraw some and kept about 25% of my earnings in my wallet.

[dansmith_99]

Correction is just the part of any healthy market cycle, its not an "if" its "when" will the market stop going up. Bitcoin so far has shocked me. I don't know what to think of its future, I'm just holding

[ninche]

i do not think it will have huge drop
just a little drop will happen

[p0wrnflakes]

I also think it has corrected already, it's been stagnating at the current price for like a week now, if not longer.
It's dipped before that, and now it's come up, not to a big ATH YET, so I think we'll see a new big ATH soon and then it'll correct again.

[jpespa]

How much do you expect the price would drop? and did it happened already? Because when I saw the price of BTC as of this moment it is still at $16000+ maybe it really did happened but just a little price drop. I just think that it may be impossible that its price will intensely drop. but if it happens, a big opportunity for starting people will open

[diguyo]

Of course at some point it will, but look at previous patterns, it retraces about 50% of the increase and then starts over. It's too difficult to choose a good entry point these days.

[Chandler32]

Best thing to do to avoid risk is to leave just a bit of funds in BTC, enough for you to accept in case of a huge correction. We can ride the trend again as it begins.

[bitbunnny]

Nothing new you have discovered, of course that corrections will happen. Price can't just rise forever without occasional dumps and every bitcoin user knows that. The one thing about that is how to ensure you will have at least consequences out of that and are there any signs on the market that can help to conclude something like this will happen. If you look closely corrections are happening all the time, when the price is this high even for couple of thousands of dollars.

[subSTRATA]

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.

people said it would correct a lot a month or so ago when it was hovering around the 3000 usd mark, but here we are. and im not sure if it's apt to compare bitcoin to an 'overall economy' or whatever you were trying to say there, bitcoin is quite a special case as far as modern economics go; its unlike anything else we've had so far in history. there is a solid market cap, yet there will always be new coins introduced and in circulation as long as we don't hit that market cap. and the price rise does come from somewhere, it's called demand.

Best thing to do to avoid risk is to leave just a bit of funds in BTC, enough for you to accept in case of a huge correction. We can ride the trend again as it begins.

that's what anyone with common sense should be doing, no sense in leaving all your money in a single asset, diversify.

[fitzzz]

theres always a price correction but not that dip... and it will come bullish again.

[boboking]

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 I believe that there will be a major correction sooner or later and it can be huge. On any market pullback always happen. The question is how fast Bitcoin will recover after a major pullback. If we are going to base it on history Bitcoin always recover right away.

[eucalyptus]

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.

[pixie85]

If not now, eventually.

There's a saying that even a broken clock tells the right hour twice a day. If I ever told you that Trump will not be a president someday, eventually, what value would that information have to you or anyone else? Stop wasting our time please.

[mzebehill]

A correction is always expected in bitcoin and alticoins.It makes the market stable.But in the case of bitcoin,the correction at this rate won't be a sharp dip.Before it gets to that level,convert to usdt .

[connesa]

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.

we are all aware of that and waiting for that to happen,,that way we will got a chance to buy and stock some bitcoin for long term holdings.even just a bit dump coz of the correction still an opportunity tight?

[Brothersav]

For the altcoins to flourish BTC needs to grow considerably. Look at ripple for example, new money flows into BTC then into worthy alts. Yes, I agree, people will take profits but its up and beyond from here.

[JTPhotography]

FUD