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Author Topic: Black friday crypto correction  (Read 235 times)
ynotcarlone (OP)
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December 22, 2017, 01:53:04 PM
 #1

with the big correction going on in crypto currencies what would be the best buy ?
Clairvoyance
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December 22, 2017, 02:02:28 PM
 #2

with the big correction going on in crypto currencies what would be the best buy ?

With the current drop in pricing the best tokens to hodl are the following Bitcoin, IOTA, Ripple and Oyster. Bitcoin will always stay on top and we will see green candles by the coming days.
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December 22, 2017, 02:02:45 PM
 #3

its normal for me, weekend and christmas coming soon, some people need cash to shop.  Grin
maybe yes, time to invest in crypto.

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December 22, 2017, 02:04:29 PM
 #4

Im focusing more on ETH, Ripple and XEM. These three coins have fit into my mind like sticky notes. Im speculating the prices will rise double in value for each of these coins. The ETH was already though to be coin up above 1K in the next month and the current correction has given the space for more investors to come into the market and put some extra market cap of it. Same applies to other two currency as well but more or less with different choices. If the primary investment was to be done then I will probably choose ETH, then will follow XRP and XEM like that. Trust me every coin will have hard pumping asian but its upto us to which coin we have to stick in first place. :-)

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BillCoin
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December 22, 2017, 02:44:40 PM
 #5

I don't believe that it is a correction.

Bitcoin has been decreasing very aggressively in value at the last few days, and most of the altcoin holders are selling off their altcoins for bitcoin so they can sell the bitcoin for fiat.
They want to go out from bitcoin, but they have to sell the altcoin for bitcoin at first, what makes the price of the major altcoins to go down.

If you want to guess when should you buy, then you should be thinking, when do you think that the price of bitcoin is going to stop decreasing, because that it is going to be the point that the altcoin will go back up.
People won't go in altcoins while the bitcoin is decreasing so fast.
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December 22, 2017, 02:47:18 PM
 #6

Hi,

If you can, I think that wiating is a good idea. The price is not yet the lowest you can get. People are panicking, you can actually make the most of such general chaos.

Though, remember that bitcoin is not only about making profit, ok? Wink

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December 22, 2017, 02:58:59 PM
 #7

I think some people buy another altcoins like ETH, BCH etc. At we see now Bitcoin decreasing. But don't be panic, I sure Bitcoin will be increase again. Just only wait.
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December 22, 2017, 03:06:57 PM
 #8

I think some people buy another altcoins like ETH, BCH etc. At we see now Bitcoin decreasing. But don't be panic, I sure Bitcoin will be increase again. Just only wait.
BCH falling in price even faster than bitcoin. This means that the fall in the price of bitcoin is not related to the flow of capital into other currencies. In January to be held the first calculation for futures contracts. Perhaps the exchange I want to buy everything you can buy at a low price. I am sure that soon the price will be above $ 20,000.
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December 24, 2017, 07:49:58 PM
 #9

with the big correction going on in crypto currencies what would be the best buy ?
Anytime now is a very good buy and even if it dips the more, it is still a good buy. No one knows how long the dip is going to keep on, but I am sure it is not going to be a lot terrible than we are having it already. If you can monitor the charts to watch out for a perfect break out back to the top, or to see how things will work out, then it is good you just buy now or make a decision that suits you. At least if you are buying now, you are really buying at a very huge discount from the ATH bro.
Hydrogen
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December 24, 2017, 09:52:39 PM
 #10

The best options could be undervalued altcoins or bitcoin when its priced relatively low.

When alts like ethereum, dash or litecoin haven't been pumped and haven't gained value for a long time, they're a good buy. Ideally the best option would be knowing when the pump and dump of say litecoin is coming. That option is too difficult and impossible to predict however. Targeting alts when they become undervalued is one good play that has been consistent over the years.

If bitcoin drops to say $10k-$13k it might be a good buy. The price has fluctuated a lot recently. That volatility is better for day trading as there are higher potential profits to be made off of higher price percentage movements. Of course higher reward is typically correlated with higher risk and so the price volatility definitely adds a higher risk factor as well.
vanish9
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December 24, 2017, 09:53:52 PM
 #11

Black friday, nice, a few minutes a guy posted that this correction was a "christmas correction" anyway, this is a nice way to talk about this new correction.

But, when is it going to end? I would really like to see the price in a new all time high as soon as possible, lmao.
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December 25, 2017, 01:52:08 PM
 #12

its normal for me, weekend and christmas coming soon, some people need cash to shop.  Grin
maybe yes, time to invest in crypto.
Yes mate! Shopping is necessary, next year; we will start from where we stopped again and wait for some new FOMOs. I am sure that is what those whales are going to be saying now. It has been a crazy and devastating downward trend for some, most especially for those that bought at the top. However, it is not the end of bitcoin, nor is it the end of the world; it is just a good time to buy more. While some are doing shopping cashing out bitcoin for Christmas, some should be doing shopping buying bitcoin now.

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December 25, 2017, 01:58:09 PM
 #13

Nem price have increased significantly the last few weeks, and there is still lots of room to grow. I think next year will be the year NEM will boom.

Aside from that the top crytos are always the best to buy when it is on correcting phase. Like bitcoin, it has dropped a lot but 13K has been a strong support level. ETH is performing well also.
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December 25, 2017, 03:17:33 PM
 #14

with the big correction going on in crypto currencies what would be the best buy ?

things haven't changed much really in the cryptocurrency market, even with the recent big drop. it was like any other drop, bitcoin started dropping and then altcoins followed.

the best buy like always is to buy bitcoin at the bottom after the dump ended.
and as for altcoins you need to see which one of them has the potential to rise. and if you can't find that potential before it happens, you need to find it as it is happening. when the price is getting pumped. you buy and enjoy the profit then.

There is a FOMO brewing...
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December 25, 2017, 03:25:25 PM
 #15

The best buy? Bitcoin is the best if it's get corrected, seems like $11K-$12K is the lowest price recently.
There are some altcoins which indicate will increase as well such as ripple, stellar, Iota, byteball, or monero.
Altcoins get pumped because bitcoin is facing an old, unresolved scale problems. If bitcoin network can be recovered, altcoins will be corrected obviously, especially some coins such as Dash, ethereum and litecoin.
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December 25, 2017, 03:35:13 PM
 #16

In fact it was $13,000 by yesterday and now it is upto $14,200, maybe it was not a "big" pump, but who knows.. $13,000 - $14,000 are still cheap prices, every one should buy at those rates.
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December 25, 2017, 03:38:16 PM
 #17

From the beginning of the year the whole market will resume as in December, we just needed this little correction
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December 25, 2017, 03:48:06 PM
 #18

The most promising crypto currency for 2018:
1 crypto currency is Ripple. At the moment, its price is about 20 cents, which is a very good moment for its purchase.

2 crypto currency is NEM (HEM). Also a very good coin, which provides a huge number of opportunities. The price of NEM at the moment is about 20 cents.

3 crypto currency Qtum. The price of Qtum is about 11 USD.

4 OmiseGo crypto currency. The given project gives new opportunities in work with wallets, transactions and other things, but most importantly OmiseGo has very strong support from the developers of Ethereum. Price OmiseGo 7.3 US dollars.

5 Lisk is one of the most secure crypto currency at the moment, which is why it has good prospects for the next year. The price of Lisk is 4.76 US dollars.

6 crypto currency Stratis offers a blocking solution for business. The price of STRAT at the moment is 4.52 dollars.

7 crypto currency Waves. Price Waves 3,5 dollars.

8 TenX crypto currency, which allows you to spend your crypto currency in any store in the world with a plastic card. Price TenX 1.76 dollars.

9 Walton. This project develops technology for tracking goods. The price of Walton is 6.49 dollars.

10 Civic, a project that will try to resolve the issue of identity verification. According to some information, the cost of this coin will be equal to $ 1.2. The price of CVC is now 30 cents.

11 crypto-currency Substratum is a kind of decentralized version of the Internet. At this point, the project is testing its beta version. The price of SUB is 0.12 USD.

12 VIBE crypto currency is dedicated to virtual reality, and is based on the blockbuster. The price of VIBE is now 0.026 dollars.
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December 25, 2017, 04:34:30 PM
 #19

From the beginning of the year the whole market will resume as in December, we just needed this little correction

Yes, of course, this was just a healthy correction and bitcoin was screaming to receive this dip. I dont see any necessity for saying that bitcoin is dead just like a lot of people are saying right now.
Bitcoin is much more stable than before now

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December 25, 2017, 04:41:28 PM
 #20

It was a normal correction after the big explosion, I'm positive that in the new year the tun will start again, so... be ready!
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