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Author Topic: Correction or Depression  (Read 634 times)
elpape225
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June 30, 2018, 08:02:14 PM
 #41

OptiToken going to open at like $4 people saying
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June 30, 2018, 08:20:06 PM
 #42

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
You would really expect from those experts to have those words regarding on their analysis on the market which i do see its normal to watch how a market correct its price. We do see on how fast bitcoin did able to reach ATH last December or last months of year 2017 and we can even say that it is a bubble because none thing of this world would able to move that fast in a short span of time which its normal for it to correct and now we are on sideways or even on the bottom side of bitcoins price.

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June 30, 2018, 08:25:59 PM
 #43

It's a really indecisive situation, whether depression or correction, it's not very clear to point out which. Early this year during the dip, everyone said we are in for a correction, after some months, nothing was really nice. With the way bitcoin is going back and forth these days, I think it's depressing but I hope it's not.
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June 30, 2018, 09:47:41 PM
 #44

Cryptocurrency is on correction because, there are still issues needed to be tackled by crypto organization, for example they hacks and false news,but they future is bright for cryptocurrency
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June 30, 2018, 10:26:49 PM
 #45

It's obviously correction. Yes, some correction end at a short time and some end at a long time. If you are familiar with any trading system then you must know short correction create short trend after the correction and long correction create a long trend after the correction. Yes, the market is not in depression but there are some peoples in depression because of the knowledge about cryptocurrency.
There are many investors who devote their entire time to the cryptocurrency market and they constantly keep track of the chart of the coin and I think it is the big cause of many investors feeling depressed. Let's have a more rational investment approach to success. I often choose the coin for long term investment and I feel it suits me.

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June 30, 2018, 11:59:33 PM
 #46

It's a really indecisive situation, whether depression or correction, it's not very clear to point out which. Early this year during the dip, everyone said we are in for a correction, after some months, nothing was really nice. With the way bitcoin is going back and forth these days, I think it's depressing but I hope it's not.
Very honestly a little depression is there, although i was also thinking about it and was taking it as a correction, but i think that correction cannot be for such a long time, i think that investors have lost their confident a little and that is why there is a little depression, i think and hope that we will pass away from such situation very soon.

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July 01, 2018, 02:02:53 AM
 #47

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

I wouldn't call it depression. I guess by now everyone really understand how the market works. Specially for those irrational buyers in December. They thought that the dramatic rise would go on forever, sadly after that bullish run every falls and we are still down more than 50% from that all-time-high. And with all the governments and regulations being put up, we still need to brace for more sideways or even a downtrend.

But if you have been engaging i crypto for at least more than a year, I'm sure that this downtrend you learn from the past. We may be experiencing a crisis, but just one positive news will turn this market around. So to answer you, I think that this is just another test and the market will see a recovery soon specially news like Lightning Network being rolled out.
This is answer is right to the point. thank you.
A++
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July 01, 2018, 02:17:05 AM
 #48

Cryptocurrency is on correction because, there are still issues needed to be tackled by crypto organization, for example they hacks and false news,but they future is bright for cryptocurrency
May we stop listening FUD's and hacking news which din't have any proofs of happening. It is better to move on and be positive always. Of what happen in our market, it looks like is on preparation for an another spike as we wait for it for many days. I don't think if pumps happen in 3rd quarter just like of what happen last year.
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July 01, 2018, 06:46:24 AM
 #49

I believe that we can spend the entire 2018 year in correction. and it will be a healthy market behavior. what people want and what actually happens can be very different and you have to get used to it
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July 01, 2018, 10:33:24 AM
 #50

I think this is depression, what I saw in the market this month is very, very sad, although right on this day the market is in a period of green, then showing improvement, but I do not know if the green market will continue, some time ago continuous correction happened and it made me think that this is depression.
Could be, this is depression because many people panic with the state of declining market trends, so they worry the downward trend in market prices will continue. along with many people who make sales compared to buying in various market exchanges, then it can affect the movement of market prices so that the movement of market prices always be at a low point.
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July 01, 2018, 10:39:44 AM
 #51

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Just look around you now. As we have entered into the Q3 sphere everything has got changed dramatically. The crypto depression which was sited by the analyst is now has got changed into excitement and it can give us huge up trends coming along the way sooner than we think.

I think its just that crypto currencies are really cyclic in their behaviour and whenever the time is right then they will put themselves in the down trend and in the other time they will start with up surges like the current one. I believe massive correction is coming soon.  Cheesy

 
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July 01, 2018, 11:00:37 AM
 #52

Now we can observe absolutely normal correction of the crypto-currency market. You need to wait a little, that the crypto-currency market has recovered after a sharp increase.
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July 01, 2018, 11:21:34 AM
 #53

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Just look around you now. As we have entered into the Q3 sphere everything has got changed dramatically. The crypto depression which was sited by the analyst is now has got changed into excitement and it can give us huge up trends coming along the way sooner than we think.

I think its just that crypto currencies are really cyclic in their behaviour and whenever the time is right then they will put themselves in the down trend and in the other time they will start with up surges like the current one. I believe massive correction is coming soon.  Cheesy

Rough times has been done and many people got so exited on what will happen on Q3 of this year and by the current state for bitcoins go stable well most provably it is a good sign that there are something good to be happen by this year and maybe there's an upcoming bull run happen. More good news are coming up and I believe those one are slowly bringing back the trust of many crypto speculators.

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July 01, 2018, 03:16:08 PM
 #54

It is a normal correction.
If it was normal for BTC last Year to increase from  $950 to $20 k for me it is a normal to correct to $6K and even further to $3-5 K. Below that we can talk about depression.
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July 01, 2018, 03:42:44 PM
 #55

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
Sideways started at the start of q1 not on q2 mate

Anyway i believe that this is manifestation of what happened last December,when the market growth very huge and i think its bubble.so the effect is just happening now,when the payback is needed for that particular reasn

But dont worry were only recovering and may get a good reaction sooner,but for now lets accept the reality
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July 02, 2018, 05:43:42 AM
 #56

There has to be a reason why some call it a Cryptocurrency Depression. When you look at some indicators, there are a lot of unexpected sideways, controlled by whales that causes the value of bitcoin not totally go pump. Instead of expecting for a bull run, it goes the other way around.
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July 02, 2018, 09:11:32 AM
 #57

I do not panic in the current conditions in kriptocurrancy currency. I just take the opportunity to buy more into the slope and utilize when the price spike begins. I know that the price of Bitcoin is very unstable and in the kriptocurrancy market it is. I've been like this since the beginning year and I do not see any big pumps going on. However, this could be the life of cryptocurrancy and I will accept it.
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July 02, 2018, 10:20:39 AM
 #58

There has to be a reason why some call it a Cryptocurrency Depression. When you look at some indicators, there are a lot of unexpected sideways, controlled by whales that causes the value of bitcoin not totally go pump. Instead of expecting for a bull run, it goes the other way around.
You will be depressed if you do not understand the market trends, you are right that it's the whales who are controlling the price, can't blame
them, they have the power to do so that is why at this time we have to be more careful and don't let our emotion control us when we make a decision.

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July 02, 2018, 10:33:35 AM
 #59

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

The one that gets depressed to this are those who are noobs here as they might bought at peak and now that we're in a correction they feel like the world is against them. The one who feel this and will sell now to cut loss will definitely regret later on when the market recovered. Better believe what the cryptos can give because at the first place that's the reason we are here.

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July 02, 2018, 10:38:35 AM
 #60

The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

Its been like 6 months that we have sink in the bearish trend. Why are still thinking that we can replicate everything in 2018? We should all move forward and adjust or admit that it won't happen this year unless something in the horizon bring back the interest of a lot of investors to renewed their interest and maybe throw millions or even billions in the market. So personally, the earlier that we admit it, the better for us to not get depressed in this worst situation. We may even call this a market crash and not a correction for technical purposes. But to be depressed? nah, but if ever you are depressed then it is better if you leave the market and your mentality intact at least.
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