What if we were all wrong

[Webberson]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

When an outcome of a thing is not certain or known, and you tend to embark on it, you are said to be taking risk. Most people go into investments only thinking of the positive side without having it in mind that its a two way thing. A situation whereby you do not know what move to take, is where the risk lies.
As to the question of "What if we were all wrong", i will say that everybody cannot be wrong - some speculations will definitely come true.

[Slavyanskiy]

You seriously need to understand that this is not even closer to a crash.. The price is only going down because there is a lot of pressure and manipulation on the market right now. But nothing more than this, just wait until everything goes green again and that is it.

absolutely agree, money from the market is gone, and they will come even in a larger volume.
the price will rise, the market will recover. Everything gonna be alright

[Digital Mutant]

From the beginning of the centuries common people buy stocks in the markets.
They buy high and sell low.
They loose all their money.

Big lobbys are there and buy everything they can, when common people sell low they buy, they buy low!

This is called fear based economy system.

You have fear of anything that surround you because the system survive thanks to your fears, fear of being sick, fear of being poor, fear, fear, fear!!!

Common people have fear because thay have little money.
Big lobbys don't fear because they know the market and know that people have fear.

Buy the dip and HODL!

And remember, dinosaurs don't understand anything of what we are doing in crypto! This is our real power, the better they can do is replicate our crypto economy.

Bitcoin will never die.

[PPleaseman]

Hello. I sold some almost at the top, it was time to take some profits. So holding now is a lot easier, but i am here for the long run and the technologie. I think the technologie will change a lot in this world
Happy holding

Cheers

[sakokinak]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

Such a correction of the price happens every year and there is no need to panic. Now a lot of ICO is actively carried out and this means that users will actively invest and thereby support the growth of the crypto currency.
         
         

[lokinator]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

I think people would be lying if they didn't at least consider this possibility every time the market dips. Just like most things in life, holding cryptos is a risk.

So is driving to work. So is taking out a car or home loan -- if you lose your source of income, you lose everything. Anything could happen to derail your plans at any time. You either choose to accept risk, or you don't.

The winners in life, choose to accept moderate risk and sometimes even high amounts of risk. Without risk, there is no reward.

I personally believe we should HODL -- that we are nowhere near the end. I choose to accept the risk -- perhaps, I am wrong. Only time will tell.

Good luck.

[zoata87]

Look at the charts or Bitcoin price history, it is very normal that Bitcoin and altcoins decrease by 50% or more every few months. If you do not feel comfortable with your Bitcoin investment, I think it's better for you to sell now and buy again when the market is bullish, but you may miss the train. It's always like that in the crypto market buy low sell high that's why we have so many successful traders

[seroja17]

I do not want to pretend wisely. Without mistakes we will not learn, seeing market changes is difficult. If you are an expert, there is no guarantee you are always right

[pheonyx]

I can't see any positive reason for the crypto to end the story, I fact the very thing that many are getting involve in it and the advantages of cryptocurency brought to all is great. In this case i can't see any reason for them to be disappear.

[HitTheLow]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

I saw worse crashes, this is just a little correction, BTC could go back to 6-7k at max than it will fast recover, but is possible that the lowest is already hit some days ago when it went under 9k.

Blockchain is a base for a new economy where people's ideas could be funded by investors who believe in the project. Thanks to this, technological development doubles in speed compared to the pre-blockchain era.

A lot of ICO are good projects, I saw a lot of people and gov saying that ICO are scams, but really this is a new opportunity. Is possible that an ICO is a scam, but you have to do some research before invest in it, if you do your homework, you are 99.9% safe.

Thanks to ETH, now there is the possibility to start with millions dollars of fund when you open a company trought ETH blockchain, that's happen if your idea is much appreciate from investors. In the past maybe you could have a great idea, a great team, but without funds you can't reach your goal. Before blockchain, only venture capitalist (I mean very rich and famous people) could promote a new big start up.

This is the decentralized world in which I trust.

[Davehad]

It's healthy to have a correction - hopefully this year we'll start seeing more of an uptake form the masses - for that i think we'll need more legislation and protection for people, once that comes and it starts to go mainstream then hopefully we'll see more stable markets and a steady growth.  It's going to be an interesting year for sure - especially for interactions/effects upon fiat currencies and establishments.

[Johnzky]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

you have reached full member rank and still scared like a duck?why holding until now if your a soft hearted holder,this is crypto and this is not physical profiteering.means every thing heres moves over internet and might change the flow in a single second.so we must be aware of this situation and all we ed to do is HOLD until it recovers.

[blitz18]

This is what I am afraid of the thinking of IF'S, if we are in the wrong position to hold. I am at this point to hold also for the reasons of so many predictions that this year would be going up high for the bitcoin prices. We have to be taking the risks since we invest in bitcoin.

[deadthings]

It is easy to see that this is the first correction for you

Look at the history of Bitcoin and see what has happened before. When the price fell from $1200 to $180, the end was announced several times, and see where the price of Bitcoin is now. We do not know how much the price will fall, but you can be sure that in long term you will not lose.

[ilnick]

There are rumors that the market is governed by fear and greed (also a form of fear). Anyone who succumbs to emotion, loses money. We must be calm and follow the plan.
Do you have a plan?)

[AnonBitCoiner]

Hello. I sold some almost at the top, it was time to take some profits. So holding now is a lot easier, but i am here for the long run and the technologie. I think the technologie will change a lot in this world
Happy holding

Cheers

I had sell my long term holding when the price was 19,000$.I had got very huge profit at that time.With the profit I had brought a brand new car.Now the price was at the bottom.So I think this the best time to inverse your money in bitcoin.And now just hold your valuable Bitcoin for your future.

[jonland22]

You just invested not in the right time, just simply hold your coins for what its worth. It might take too long but if you really believe in cryptocurrency all you need to do is do other things, don't look at the prices of your investments daily, try to forget it and comeback if you heard that the bitcoin is pumping already because i'm sure that your investments are already getting some gains.

[tdot]

If you only have invested what you're OK with losing then not really an issue.

Go back to your day job and wait for January to be over...

[Jarx]

That might be not a correction and that's why I always keep some saves in fiats. If the market would die I'll have some money anyway.

[buboyskie]

Hello people,

First of all... yes i hold btc and altcoins i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..

If you check the history last dec 2017 when bitcoins on it's ATH around $19k sats the marketcap is around $300 billion only right now the marketcap is around $500 billion you should monitor it too. Maybe if market goes down around $300 billion that's the time will I need to be worried. Right now market is not failing it's just the correction taking so long only wait until next week if BTC goes up Altcoins will follow. Think positive always.