BITCOINCORRECTION

[tigerkings]

People panicking as if bitcoin didn't increase like 200% from the past month. 

[Irvinn]

Volatility in bitcoin, of course, is high, it goes down in price so much that these figures are not for weak nerves. However, there was still no case for bitcoin to drop by 40 percent: from 20,000 to 11,000-13,000 dollars, as it was the last time. In addition, this time his correction is aggravated by the exacerbated shortcomings of bitcoin - slowness with hung transactions and exorbitant commissions for their conduct. In addition, the drop in bitcoin is slightly affected by the passing Christmas and New Year holidays. All this in the aggregate constitutes an unsightly picture for bitcoin. All the hope for the fastest introduction of the network of lightning in bitcoin, which can eliminate these shortcomings of bitcoin.

[chidrawarster]

I see many of us are in the favour of growth of BTC for all our good lives and good future. Even i would do the same thing, just invest and forget it for some years if we all truly believe in blockchain technology. Now is what i am doing is averaging and geting some profits whenever major correction happens as is the present scenario. This type of correction will happen as and when when some major resistance is found ,hence the major correction.So chill relax and watch it rise and drop.

[sdmaxx]

yes of course ! BTC will fly into new heights again very soon. Currently it is bit dipping down and soon it will start resuming its journey again !         

[Malsetid]

For all the newbies and existing noobs, from the little knowledge I have,i have seen three different corrections vth d BTC prices this year,may be around may be vn it touched 3k it dipped nd bounced bk ,same observation vn it hit 5k,10k and 18k,its all aboutthe patience and the trust you have on the blockchain technology nd decentralized platform!

It's newbies most of the time that practice buy high sell low principle. All they need to do is make a couple of researches to calm themselves down in case the price drops due to corrections. As you've said, btc always bounces back afterwards.

[Business_Blue_777]

Should I buy at 13k or wait a little longer guys?

[xuv500]

Should I buy at 13k or wait a little longer guys?

Nobody can predict whether bitcoin will spike now or will comedown to $10,000 mark. I'm researching on the trend and observed there's no down trend to happen below $12,000. You may wait for the bitcoin price to be around $12,000 or buy now.

[Business_Blue_777]

Can you please explain further by what you mean by trends and such?


Thanks.

[minisegway]

I follow every correction starting from 2800 at the end of July 2017 and after that I buy at every correction and then make a profit in dollars with a 10% gain. It helps me stay afloat, but you're right - you need only patience and nothing more)))

[Business_Blue_777]

So right now, its at 12,884. What do you think?

[Business_Blue_777]

?

[Crypto_Happy_Sad]

Where are yiu guys still,it already bumped to $14k as of now ,there was a dip yesterday upto $12k but today it didnt go down less than $13,500 ! Way to go BTC

[SakinaPrincess]

I am hping to get it back in 20K. I believe it will jump thr very soon. And then dumpers will cry.

[squallw]

Some people believes that bitconi can corret at 8k USD, this is the biggest correction after september.
I guess that HODL is best thing to do, just hold and no worry about it.

But a correction to 8k can bring change to get more BTC if you can sell higher and buy lower.

[SaShiRaJaVu]

yes of course ! BTC will fly into new heights again very soon. Currently it is bit dipping down and soon it will start resuming its journey again !

It is easy to say that the price will start rising,the interest level in bitcoin is understandable and there is a hell lot of investments that came in this year,but how long these sort of investments will come in,there is a real danger with institutional investments as they could dump everything at once which might not be good.Even if there is a correction i would gladly wait and pick up some coins rather than having a panic attack.

[dimastegar]

Yes. Correction will definitely happen, if a coin will increase. Whether it's a big or small correction, we just need to wait for the correction time to end and the price of the coin will be covered to a higher price.

[Meysa_richa]

It's common for beginners who are used to panic sells and will hurt themselves and can not wait for the price to go up again, and your move is great for always investing in bitcoin currencies.

[SweetAudrina]

I've tried to be patient but it's not in my nature so I sold. Lost £250 but have made £100 back today on short trading. Suits me!

[Samings]

For all the newbies and existing noobs, from the little knowledge I have,i have seen three different corrections vth d BTC prices this year,may be around may be vn it touched 3k it dipped nd bounced bk ,same observation vn it hit 5k,10k and 18k,its all aboutthe patience and the trust you have on the blockchain technology nd decentralized platform!

Yes but bitcoin move from 1,000 to 20,000 in one year only or less than it.

bitcoin have 3 crash and move than 7 bumiping

[Crypto_Happy_Sad]

Patience is the key for all the cRYPTO holders.IF you have no patience to hold your coins,its hard to enjoy the final fruit.
Be patient if you believe in the technology,if not dont invest you wish to loose !

Goodluck all the crypto holders !

Wishing you all a Happy new year and hapy crypto years ahead.