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Author Topic: Correction incoming?  (Read 1018 times)
Baoo
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May 03, 2018, 12:11:37 AM
 #121

Absolutely yes, I think this is the beginning of the storm after a long calm (more than 3 months), and the correction has begun weeks ago. As well, it is normal that there are some declines in the market, because all cryptocurrencies are volatile, contrary for the coins of the countries (FIAT like, Euro, dollars..) which are always stable in value.

Moreover, the market is always linked to Bitcoin and fortunately this cryptocurrency has became in a stable jump despite that it sometimes falls, but by a small proportion and this leads to a rise in most of cryptocurrencies because they are the followers of Bitcoin, and I am pretty sure that there will be a continuous rise in the whole market especially within next 3 months.
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thomas26
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May 04, 2018, 10:06:35 AM
 #122

the correction will always be there and definitely going on in the market and no one knows when that happens. inevitably the market will experience a ride down always and this should be felt.
kadal88
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May 04, 2018, 10:16:59 AM
 #123

It seems to me that the market will soon fall. The price can not rise constantly without correction. These are the laws of the market..
Orrechorre
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May 04, 2018, 10:23:18 AM
 #124

I am not really sure if there will be correction anytime soon as all coins are doing fine at the moment but we should expect corrections anytime because it is normal for a market value to fall in other to attract more investors before it will rise again.
artjomgorelov
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May 04, 2018, 11:18:19 AM
 #125

It is possible that the correction is the growth that we see, and then a return to the downtrend will follow.
xenomorphe1
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May 04, 2018, 11:32:38 AM
 #126

We can have a correction as we have near a month of increase. But the euphoria is still not finish.
Raist
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May 04, 2018, 11:44:10 AM
 #127

Going up for many days.

Is the market due for a correction?

Hope not now and not so severe as is was in winter. I really can see now that market did not recover from that still and would prefer some very minor growth of BTC that Russian Mountains ride.
meatygeiger
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May 04, 2018, 06:47:13 PM
 #128

The chances of the correction are very low and we have no idea when that is due.
patispace
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May 04, 2018, 07:36:46 PM
 #129

I think that the crypto market has left us enough lessons to be always alert about the possibility of facing unexpected and adverse scenarios all the time, so I think we should always have in mind a reaction plan in case a period of high volatility occurs and a new correction appears on the horizon.

At the moment, I try not to be overconfident and I have exchanged small amounts of bitcoin for cash during these bullish days, in this way I make sure to have some capital at hand so that in case of any possible correction I can buy bitcoins at lower prices.
whatthesith
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May 04, 2018, 07:39:20 PM
 #130

Going up for many days.

Is the market due for a correction?
What? We see 4 minths long correction, it should be okay now, we are going up  Tongue.

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May 04, 2018, 08:23:42 PM
 #131

I think that the crypto market has left us enough lessons to be always alert about the possibility of facing unexpected and adverse scenarios all the time, so I think we should always have in mind a reaction plan in case a period of high volatility occurs and a new correction appears on the horizon.

At the moment, I try not to be overconfident and I have exchanged small amounts of bitcoin for cash during these bullish days, in this way I make sure to have some capital at hand so that in case of any possible correction I can buy bitcoins at lower prices.

You have done the right thing and just need to see more sensitive monitoring again, we never know when the correction limit is set and should not be an excuse to continue to buy it brutally by not thinking about daily needs. But there is a pattern where there is time for bitcoin ride unstoppable and we have to monitor actively to avoid losing momentum.

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May 04, 2018, 09:16:07 PM
 #132

I dont think there is going to be a big correction any time soon. I think we will be seeing a steady growth for at least the next month or two.
bohr
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May 04, 2018, 09:41:30 PM
 #133

It is possible that the correction is the growth that we see, and then a return to the downtrend will follow.
I agree with this, the price tends to overcorrect, when the price went up on December everyone knew that it was a bubble, it was impossible for that price to be maintained and we knew we needed a correction but then the price crashed and in my opinion the price went a lot lower than it should have gone, and now we're getting a correction from that and when this correction is over I think that we are just going to see smaller movements in the market until something happens to change that tendency.
Lumada
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May 04, 2018, 09:56:31 PM
 #134

It is possible that the correction is the growth that we see, and then a return to the downtrend will follow.
I agree with this, the price tends to overcorrect, when the price went up on December everyone knew that it was a bubble, it was impossible for that price to be maintained and we knew we needed a correction but then the price crashed and in my opinion the price went a lot lower than it should have gone, and now we're getting a correction from that and when this correction is over I think that we are just going to see smaller movements in the market until something happens to change that tendency.

We just need some or at least one good news that will make this transactions smooth and well, it will be a good day ahead, correction will not be that big


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ConvallAria
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May 04, 2018, 10:03:19 PM
 #135

Today, many coins are red. I think that this is the correction of the market. You do not have to worry. But soon the market will go up again.

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May 04, 2018, 11:04:54 PM
 #136

Bitcoin above 9k dinners and ethereum around 800 levels with a good bull run ,I feel that we are due for a correction this month before another bull run like last year. Maybe the correction will come on 11 or 12 th of this month

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Azizjon92
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May 05, 2018, 06:33:52 PM
 #137

Going up for many days.

Is the market due for a correction?

no, on the contrary now the market is growing, but probably a month, maybe two of course start another correction and it is quite normal
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May 05, 2018, 06:44:58 PM
 #138

Corrections are good, health and necessary.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
DjTremor
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May 05, 2018, 07:00:46 PM
 #139

It is possible that the correction is the growth that we see, and then a return to the downtrend will follow.
I agree with this, the price tends to overcorrect, when the price went up on December everyone knew that it was a bubble, it was impossible for that price to be maintained and we knew we needed a correction but then the price crashed and in my opinion the price went a lot lower than it should have gone, and now we're getting a correction from that and when this correction is over I think that we are just going to see smaller movements in the market until something happens to change that tendency.

We just need some or at least one good news that will make this transactions smooth and well, it will be a good day ahead, correction will not be that big

Correction clears the way and brings the attention of more people. It is thought to be bad by people due to possible loss but it’s actually needed in growing coin markets and exchange platforms.

Without corrections, it’s hard to grow up nicely.
batkaMahno
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May 05, 2018, 07:10:38 PM
 #140

It seems to me that in the coming days there will be a correction of the market. I hope that the market will quickly recover after this.

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