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Author Topic: Market correction  (Read 486 times)
dado7
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January 23, 2018, 10:15:14 AM
 #41

We had a major correction very recently. Now most of the experienced speculators are buying at low prices driving the market up again, new investors are expected to enter again. I think we are about to see a long and stable period of growth. That is until some good or bad news provoke an explosion upwards or downwards.

The problem is that you cannot predict when will some change in course happen since the market is very quickly reacting to hype and fud. But otherwise I see nothing but an uptrend in 2018. with minor FUD corrections.

2018. is expected to bring: more safety,  more user-friendly exchanges, top 25 coins improving their wallets, surge of coins coming from NEO, Waves end other platforms offering similar protocols like ERC20, acceptance of Bitcoin as payment instruments on more trading sites, more traditional investors joining in,  more clear regulations near the end of the year, with that also some famous companies joining the wagon near the end of the year seeing a clear opportunity to get extra investments through ICO's instead of, or besides, traditional stock market etc.

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January 23, 2018, 10:18:27 AM
 #42

No correction will happen after you buy it now, Just the right calculation that is able to correct your luck and be happy instantly.
all turned into a sea of ​​red but only temporarily after that the green ocean will re-emerge.


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APICEMTECH
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January 23, 2018, 10:24:44 AM
 #43

No one can say for sure. Too many people are waiting for bitcoin to dip to 8000USD and have fiat ready to buy that dip. Market makers in my opinion would not like to take so many people along to the moon. So maybe we don't get to see the 8k or price, or the unthinkable happens, bitcoin goes below 3k and everyone dumps in panic. Anything is possible as of now.

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January 23, 2018, 10:26:05 AM
 #44

A big drop in January have been the trend for the past years, so my guess is that come February/March the prices will go up. So just be patient, and hopefully I'm right Grin
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January 23, 2018, 10:40:08 AM
 #45

I think this correction will over till end of February  and all altcoins will hit new all time high in next 2-3 months. In my thought some big whales and funds wanted to buy good altcoins ar cheap levels so they dumped the market with bad news of korea ban of crypto  And if you want to be safe then you can buy here 60% of your capital and remaining buy at small deep.

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January 23, 2018, 10:47:12 AM
Last edit: January 23, 2018, 11:04:47 AM by aoluain
 #46

The correction has already happened, that was last weeks clearout!
it will happen again but I dont think BTC will be going too far below
$8000/9000. what we have now is the usual volatility and the value will
go back up and will come down and will go back up again thats the
nature of unregulated crypto.

R


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jaocoincrypto18
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January 23, 2018, 10:52:03 AM
Last edit: January 23, 2018, 12:18:22 PM by jaocoincrypto18
 #47

End of Feb if the past 3 years have anything to say about it.

2017 - drop Jan 4th, back up Feb 17th
2016 - drop Jan 10th, back up Feb 20th
2015 - drop Jan 12th, back up Mar 3rd




This is not helpful because if these records are true then we will expect bitcoin will continue to fall down until Feb 15 because many holders will sell than to hold because anyway it will rise up on Jan 16-17. Better you never published this such kind of data as for me it will really attract sellers than holders as it encourage us to sell today and buy on or before this first quarter would end.
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January 23, 2018, 10:55:27 AM
 #48

Correction already happened, most people have refill some good project, so i think the price and marketcap will go up soon.
ViciousWarlock29
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January 23, 2018, 10:59:11 AM
 #49

Would there be a big correction happening in the near future, to shake out those weak coins Huh


I think the correction had been happening, the price had not able to recover and now we had been seeing "red market" for a few days now. I hope we can see improvements before the end of this week.
itf991
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January 23, 2018, 11:02:25 AM
 #50

Would there be a big correction happening in the near future, to shake out those weak coins Huh
What do you mean big correction? Last December BTC were at 20k and now dropped down to 10K. Don't you think this was a big correction aready? I'm sure lots of investors were shaken out already.
It doesn't mean the end of drop thou. There is a possibility of decline to 8k USD before it turns into green again, but who knows this?
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January 23, 2018, 12:05:26 PM
 #51

The recent correction is coming to the end. So I think bull cycle is coming soon but may be it won't already be so aggressive. It's gonna be the season of altcoins and long-term investments
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January 23, 2018, 12:07:35 PM
 #52

Only those with experience and patience will survive to this massive correction. The graphs of the last 4 years show us that this is a common thing and for about a month they will stay in red. The biggest mistake for now is to sell. If you let youreself driven by panic the best advice i`ve read is to stay away from charts for a month or two and after that watch the profit grow.
Some people will sure lose some money but this correction will also atract more investors who are looking for a small price entry point and this will be a good thing in the long therm.

mobomofo
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January 23, 2018, 01:42:35 PM
 #53

it seems to me that a big correction is yet to come. So now I advise not to buy altcoins, and wait a bit. If the price of bitcoin will fall, then the price of altcoins will also fall. If the price of bitcoin will sharply fly up, the altcoins will sharply fall to the bottom.
What makes you think that there is another third market correction to come?
I mean the first one was a fud news by china/korea and now todays corrections
I really dont know why but why should there be a 3rd correction this year??
And also why would other altcoins drop when btc prices fly up?
As btc is the mother of all cryptos every coin even eth is kind of dependant
And relying on btc and its value

Because there has to be a 3rd market correction to have a 4th. Ive been in this game since 2011...its volatile, you have to lose 50% (and HODL) to gain 100%, look at the charts year after year. We had a painful start in the beginning, but its finally here to stay and actually pretty reliable/predictable. No one has a crystal ball for sure, but the trends are there just like there are trends to watch in the stock market. One thing is for sure, this year the rules have changed now that wall street and is involved. Wall street is adapting their market strategies to how crypto swings, and now we (oldschool cryptos) are having to deal with new market strategy as the status quo is changing. Later this year as infrastructure and application catches up, and when grandma can buy and trade her 401k in altcoins using her iphone, we will enter the golden age of Crypto. But right now wallstreet and new inexperienced traders have swarmed the trading platforms  and we need the dust to settle. The reality is there is always a growing period for this type of stuff...the gold rush phase (which we are in now), the dot com bubble (which is a few years out...think of this as 1991 right now not 1998), and then the industrial/golden age where everything slowly comes up and is robust and the market levels out like NASDAQ and S&P. As for everything being tied to BTC...I doubt the future is really great for BTC. Yes it was the genesis (and owed its credit) and its still got some time to mature some still, but its a dinosaur and if the growth of  computers and internet is any indicator, dinosaurs die or at least get put out to pasture...just ask Packard Bell, Compuserve, Compaq, Tigerdirect, AOL, NetZero, MySpace, Napster.... all once giants, now just footnotes in history.
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January 23, 2018, 01:53:41 PM
 #54

Big time correction is now happening in cryptoworld. It is normal market respond due to heavy investment receive last December and early January. Many investors are now profit taking mode and the late comer suffer a lot of losing.
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January 23, 2018, 01:57:49 PM
 #55

yes the market correction will still continue.
Many analysts consider correction necessary to guard against price hikes that are too fast. Because if so, then the price will also go down very deep.
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January 23, 2018, 01:58:49 PM
 #56

correction are just happening now in bitcoin, from its skyrocketing price of around $16000 - $20000 before and now it dropped 100% at this time. and most of the alts are being had a correction right away. we all dont know when this corrections stops but im hoping that this will not much affect all altcoin in the market that can provide more profits in the future.
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January 23, 2018, 02:23:26 PM
 #57

Only those with experience and patience will survive to this massive correction. The graphs of the last 4 years show us that this is a common thing and for about a month they will stay in red. The biggest mistake for now is to sell. If you let youreself driven by panic the best advice i`ve read is to stay away from charts for a month or two and after that watch the profit grow.
Some people will sure lose some money but this correction will also atract more investors who are looking for a small price entry point and this will be a good thing in the long therm.


Yup those who are working and active in this crypto world from last few years they can take this easy because they know this kind of corrections are common but it will affect the newbies. I don't know how many people sold their coins for loss. Don't think a market correction will continue a long time it will over after few days, and again all coins will grow. So just wait for a good time.
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January 23, 2018, 02:38:40 PM
 #58

Only those with experience and patience will survive to this massive correction. The graphs of the last 4 years show us that this is a common thing and for about a month they will stay in red. The biggest mistake for now is to sell. If you let youreself driven by panic the best advice i`ve read is to stay away from charts for a month or two and after that watch the profit grow.
Some people will sure lose some money but this correction will also atract more investors who are looking for a small price entry point and this will be a good thing in the long therm.


Yup those who are working and active in this crypto world from last few years they can take this easy because they know this kind of corrections are common but it will affect the newbies. I don't know how many people sold their coins for loss. Don't think a market correction will continue a long time it will over after few days, and again all coins will grow. So just wait for a good time.

Remember 2013 - uggh that was a long correction (6 months or so), but all my positions eventually increased above the dip , and then 2014 with Mt Gox.. Those were hard years, but we made it and all my positions were either SODL for profit or HODL for more profit lol.
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January 23, 2018, 02:53:54 PM
 #59

We had such corrections several times. It's right when market tries to find balance. It can't rise all the time so we have these situations.
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January 23, 2018, 03:09:09 PM
 #60

There are many investors waiting for bitcoin to fall deep to buy in. I think in the future it is going up again. Adjustment is necessary.
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