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Author Topic: When is the next correction expected?  (Read 395 times)
Inge Bakker (OP)
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January 19, 2018, 06:18:35 PM
 #1

Hi all,

I am new in crypto, just a few weeks. Bought altcoins at the right (low pice) time and they all pumped really hard and then the correction came.........

I regret a lot not selling before the correction. I am really surprised that i see a lot of posts were ppl now say there is always  a big correction in january. Euh, really?? If only i had known......

So i wonder are there more times in a year were normally (the last years) a correction could be expected, for instance december/the holiday season?

Are there any ppl with a lot of experience in crypto who know this? Or can tell me what signs i need to pay attention to?


allcryptominer
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January 19, 2018, 06:30:26 PM
 #2

There is no one who can tell you when next correction will be or if the market will go up or down at a certain time. Just invest smart and hope for a great 2018.
Sephire
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January 19, 2018, 06:41:32 PM
 #3

Bitcoin had five 25 - 40% corrections in 2017 itself. Other altcoins will follow their own patterns.
Every big rally will be followed by a correction but there  is nothing to be scared of. If one
hodls good coins, over long-term those will be much higher. Even after so many corrections, bitcoin is
still over 10 times higher from last January.
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January 19, 2018, 06:52:19 PM
 #4

There is no one who can tell you when next correction will be or if the market will go up or down at a certain time. Just invest smart and hope for a great 2018.

Even if we know when that will happen, i am sure that no one will tell you that.. Anyway, it is almost impossible to predict that, otherwise, we all would be millionaires in here and we all could be in a Boat on the middle of Miami with a champagne of $300 in our hands, don't you think so?

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January 19, 2018, 07:03:00 PM
 #5

Markets are unpredictable and irrational and trying to time then by using a month as a correction month is silly. You gotta pay attention to more than that including the players in the market and especially the whales.

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Inge Bakker (OP)
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January 19, 2018, 07:37:00 PM
 #6

There is no one who can tell you when next correction will be or if the market will go up or down at a certain time. Just invest smart and hope for a great 2018.

Even if we know when that will happen, i am sure that no one will tell you that.. Anyway, it is almost impossible to predict that, otherwise, we all would be millionaires in here and we all could be in a Boat on the middle of Miami with a champagne of $300 in our hands, don't you think so?


Well if you were experienced and it’s a fact for multiple years in a row a correction has occured around the second week of january i think you could make big money by selling first week of january. Ofcourse you will never know but next january i will probably sell if i have a nice profit. So i don’t get your sarcasm to be honest. I think some experienced whales got their profit because they knew big chance the correction would be in january. Nothing to do with the fud about Korea etc.

And i get maybe there are no months the rest of the year were there is usually a correction, but january certainly is!
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January 19, 2018, 07:41:51 PM
 #7

I think we will see another bull run from here onward and then we may see another big correction in summer then again we will see uptrend, crypto market is just getting started keep that in mind..

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January 19, 2018, 07:46:19 PM
 #8

No one can 100% predict the markets, especially the crypto markets.

Also in my opinion the correction isn't over yet.
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January 19, 2018, 07:57:59 PM
 #9

Next rise in March and before summer another. On summer will hit again.
So there you go. It's not 100% but some kind of concept.
Oh there are history charts so you can see it.
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January 19, 2018, 08:12:14 PM
 #10

Jan 26th

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

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January 19, 2018, 09:06:23 PM
 #11

I don't think the correction is not over yet even though the market moved abit up. I suspect it can drop lower and I'm ready to buy some cheap coins.
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January 19, 2018, 09:31:46 PM
 #12

Next correction would happen really soon i also sold most of my coins because of intense amount of profit and the market still seems really weak it looks like we get a chance to rebuy again if it breaks resistance point it might sky rocket as of now there is no way
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January 19, 2018, 09:48:36 PM
 #13

I am feeling pretty bearish over this weekend. That is why i think there will be some more correction tomorrow or on sunday. I just have drops on weekends in my memory  Cheesy
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January 19, 2018, 10:17:29 PM
 #14

There is no one who can tell you when next correction will be or if the market will go up or down at a certain time. Just invest smart and hope for a great 2018.

Yes this is true no can announce these type announcement in crypto currencies so the decision is your self if you comfortable with that you can definitely make an investment .

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NaissuR
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January 19, 2018, 10:24:26 PM
 #15

people cant say for sure
you can watch the other years trend and try to predict by it as other people do

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January 19, 2018, 10:27:31 PM
 #16

you must be carefull. there is always a risk for crypto crash or correction but you have to know too that crypto in long term never fall !!
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January 19, 2018, 10:55:58 PM
 #17

Hi all,

I am new in crypto, just a few weeks. Bought altcoins at the right (low pice) time and they all pumped really hard and then the correction came.........

I regret a lot not selling before the correction. I am really surprised that i see a lot of posts were ppl now say there is always  a big correction in january. Euh, really?? If only i had known......

So i wonder are there more times in a year were normally (the last years) a correction could be expected, for instance december/the holiday season?

Are there any ppl with a lot of experience in crypto who know this? Or can tell me what signs i need to pay attention to?




It's not possible to predict, but definetely we will have some more corrections this year
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January 19, 2018, 10:56:10 PM
 #18

you must be carefull. there is always a risk for crypto crash or correction but you have to know too that crypto in long term never fall !!
Yes there is always a risks in crypto and since market is going up and down we couldnt tell when is the next time the next correction. Maybe it will happen anytime that price could go down again and I think it will go up the usual happen in btc market. So, it is been said that invest on what you can risks.

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January 20, 2018, 03:14:59 AM
 #19

The next bitcoin futures contract expires on Feb 14 th. Let's see what valentines brings to us this year

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January 20, 2018, 03:32:00 AM
 #20

You need to look at the charts of the coins you have invested in. Some coins pump every six months or so.

Watch out for a period in the chart where the price is low but stable. This is the accumulation phase. The pump usually happens after that.

 
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