2018 the year of correction?

[EllieBasti05]

In digital cryptocurrency there is no accurate data because of cresendo and descresendo in the market. Compare to last year the bitcoin price today is quite stable at $6k. Lets just have a wait and see approach because time and people will dictate the another possible surging price of bitcoin.

[UNOE]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

I think that this year was really good for newcomers, which heard about crypto for the first time in 2017., to invest and accumulate at better prices than they were at the end of last year and january of this year.

[Meretseger]

Last year was really a memorable year for electronic money investors. After the start of the year with a total market cap of just $ 17.7 billion, total capitalization has soared to $ 613 billion by the end of the year. As a percentage, the market has grown by 3,300% in just one year, which is probably the only year in which the highest percentage increases for any asset in history.

[Metall303]

Yes, indeed, it is much more difficult to trade cryptocurrencies this year. However, I want to note that we observe a positive trend in the development of the market. This year, many promising projects have appeared, even more people have learned about cryptocurrencies and these coins have become more often used as means of payment. In General, I see more good news.

[KKH84]

Of course in 2018 is the correction year and the year of loss, losing some of their assets due to the decline in crypto prices in the market and this year is an investment year for those who believe that crypto will grow in the future.

[kumala_abi]

Of course in 2018 is the correction year and the year of loss, losing some of their assets due to the decline in crypto prices in the market and this year is an investment year for those who believe that crypto will grow in the future.

much holder and investor felt  this year was the worst year for their investment.assets value reduce alot maybe down almost 90% from highest price.

[nak02]

I don't really know if we can see another bull run in this year and still waiting to see that coming, I already have some sh*tcoins stored in my wallet waiting to bloom in this year.

[Fredomago]

I don't really know if we can see another bull run in this year and still waiting to see that coming, I already have some sh*tcoins stored in my wallet waiting to bloom in this year.

I see your point having doubt if the market can bounce back as all of those assets that we are holding right now are really in a bad positions, the rally that happen last year are far from what is happening right now, the corrections still ongoing and the bearish run are still strong, maybe we will be able to see it back when more adoptions will happen and more strong holders will start investing to this system.

[BD Money365]

I also think 2018 is the year of correction, end of 2017 and start of 2018 bitcoin price increase too fast so almost all over 2018 bitcoin correction its price as well as altscoin. May be end of the 2018 we will see next bull run because of many positive news coming about bitcoin.

[bohr]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

This is just the natural way things work, it is impossible to have a market that is always going up or that it is always going down, we need periods of correction where the price returns to a more realistic price and this gives us a period of stability in which we can accumulate more coins, if it was not for these periods it will be almost impossible to make consistent profits.

[dunfida]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Maybe Yes and Maybe NO, since we are still on the last 2 months of this year 2018 and anything can happen on that short timeframe just like on what we have seen on last years bull run but
I cant really deny about this current market condition and as a crypto enthusiast we would really able to feel the markets very bearish movement or consolidation state.For now we cant really do anything
but to wait up for the market to recover.

[yitzjoe]

the correction period for crypto after the end of 2017 experienced a significant increase is an understandable opinion, where currently the movement of crypto and bitcoin in particular is starting to stabilize and tend to decline, hopefully by the end of 2018 or the following year a subsequent surge will occur to prove that crypto is alive

[hubballi]

It was to happen when the price went straight up then it has to come down but when the market started to correct the weak hands made more price down. This mostly happened due to top country started to regulate the cryptocurrency due to lost of ICO scam and some country banned bitcoin usage. But future will be good as now the scammers will get hunted and genuine projects will lead which will boost the crypto currency market to more high in future.

[BitcoinGuruOne]

The term " real value " is odd, because there actually is no such thing. The real value is the value of asset which people are willing to pay. We had a hype , then we had a correction, this is normal.

[squog]

That is true. But id you look at the projections and trend for the last five years, we'll see that we are still performing better thN expected. We are just too hung up on the spike that happened early this year to realize that the market, no matter what people say is doing great. I just hope others see it too and manage their expectations.

[sana54210]

True that. I mean BTC it self pumped up toalmost 20,000 USD now we are suffering from that enormouse spike with a year long price correction. In hindsight, i think the price adjustment or correction is over soon. In the mean time, i myself just by Bitcoins and Ethereum left and right. Who knows when the bull market starts right?

That is always one thing about the market, there will always be a time for the bulls and could go for as long as you can, and in most part of things, you can always get to see a time for the bears as well.

It is a market cycle and there is pretty nothing we can do about it, than to take advantage of the situation most of the time, and see every cycle as an opportunity to either be profiting from the bulls movement or be accumulating during the bear period. As long as you are smart enough to know what you are to do in every scenario, I am sure you would not have a problem with anything that the market brings.

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

You can call if whatever we what, but what we witnessed last year was a bubble that is ready to be burst so it eventually pop and we all know what happened to the rest of the year. So yeah might be a correction year not just in terms of price but the attitude of the investors as well, majority of fomo is gone and what's left is stronger hands and smart investors.

That is just the thing which a lot of people usually do not get, and the bull run actually started at the point we are trying to find a support right now. It is still a very much healthy correction which was imminent anyway, although what has happened has been one of the reasons why a lot of us have always been clamoring for the market to get to a point where we will get to see some steady growth and real life usage than just some sort of speculation here and there which at the end of the day is never sustainable, leads to a bubble as a result of FOMO, and then pop. However, for what it is worth, I still believe the market is still behaving as expected when it comes to potential for the future.

[St4yInTh3D4rk]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Maybe in 2019 also the correction period will get extend until first of second quarter because the prices were still low when compared to all time high and there is no sign of prices were increases in the near future as well so as long as we are holding our coins will be helpful for the prices to recover faster.

[dmamigo]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Maybe in 2019 also the correction period will get extend until first of second quarter because the prices were still low when compared to all time high and there is no sign of prices were increases in the near future as well so as long as we are holding our coins will be helpful for the prices to recover faster.

Yup, it will continue in 2019 as well because I think we will see another erratic movement in the market at the end of 2018. Still, now it is stable hovering around $6000, but the possibility is still there to see some uprise and not a healthy one obviously. So, correction may follow up in the next year as well if we see the erratic behavior in the market this year end.

[iASIC]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

I also like to think of you. There is nothing that holds fast at the peak. Everything needs fluctuation in order to be perfect. Cryptocurrency also. It takes time to be adjusted to a more reasonable value for investors to re-invest more in the market. There will be no virtual pricing and manipulation. That is what we need.

[hahay]

As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Maybe in 2019 also the correction period will get extend until first of second quarter because the prices were still low when compared to all time high and there is no sign of prices were increases in the near future as well so as long as we are holding our coins will be helpful for the prices to recover faster.

Yup, it will continue in 2019 as well because I think we will see another erratic movement in the market at the end of 2018. Still, now it is stable hovering around $6000, but the possibility is still there to see some uprise and not a healthy one obviously. So, correction may follow up in the next year as well if we see the erratic behavior in the market this year end.

hovering in the range of $6,000, I'm sure it will continue until the end of the year, not sure what actually happened to make the price of bitcoin stable in a long time. Some claim that this happened because of an ETF and will soon increase after getting good news. I personally just wait for the movement in the coming year, hopefully there will be a positive movement.