2018 the year of correction?

[A L I E N]

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.

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[jeromix]

Hmmm, that is very possible. Remember price reached a target of $1,000 in late 2013. In another words we are still in the correction of 6400$ for more then half of the year in 2018. 2019 might bring surprises, bitcoin is under the rules of seasons and patterns like any other market, so I won’t be astonished to see super high crypto prices in the middle of 2019.

I was thinking that it could be this year end of 2018. But, to think that 2018 year end has nothing to do with crypto market price bull run. So, it would be probable that 2019 will be the market price hype for cryptocurrency or it could be even also drop for more. It will depend on the outcome of the struggle 2018 bitcoin market price.

[guoyu78]

As i observed last year than this present year they are so different last year was the great year for all bitcoiners opposite this year i think was the poorest year and even worst for the bounty hunters the price are down, maybe we should made a steps or find solutions for this problem inorder for the correction of this year....

Which solution are you looking for? Stock market has been on for years and even at that, it has not stopped the fact that correction is experienced till date, so what makes you think it is a problem or there is a solution you can bring to curb that in the cryptocurrency space ?

This is something normal and healthy for the long term growth and price development of a market, and the earlier you people start understanding it is not a problem but a short term thing, the better you will be able to forget about it, take advantage of it and focus on the long term.

[nur rochid]

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.

but the equation is that the trend line is still on an uptrend. there are many obstacles that must be faced, so that almost a full year price has decreased, and indeed price has been consolidated lately, hopefully this is a good start

[sakokinak]

The price correction in 2018 is one of the glum effects caused by the increase that occurred last December, because the increase was not a natural increase due to market willingness but the behavior of over-manipulation, didn't fail if in the end this increase has caused a prolonged correction.

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 agree with you. Our current market is adjusting to a reasonable level, the values of altcoins are now real and I still feel good for the value of them now. no pumping and dumping. From now on the market will develop based on our investment.

it will be better if all cryptocurrency price have natural growth.pump and dump just make investor affraid with their investment value.no stability and just speculation game.

Yes, i am also of the point of view that bitcoin should move naturally and not by the means of pump and dump. But then it is already 8 to 9 months we are seeing lower bitcoin market and this is getting frustrating for the users. I think it is time that bitcoin should start the bull period.

Hopefully by 2019, it will be a good year for the growth of bitcoin and another cryptocurrency, and we will see it a big market revival.

I also hope that in 2019, we will see the rise of the market. This year was a very serious and difficult period for most of us. Really, many guys lost their money as they decided to give up and sell the crypto.

[bohr]

I also agree that last year was a bad year for the market. It is also a year to help the market adjust and help investors better understand the market. This makes the market more mature.

Investors need to do that for themselves, this is a very competitive market in which any advantage that you can get can be crucial to make the profits in the future and if your competitors are not willing to do the work needed to better understand how this market works then that works to your advantage, why will anyone want to help them if they can obtain profits from their mistakes.

[Casdinyard]

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.

but the equation is that the trend line is still on an uptrend. there are many obstacles that must be faced, so that almost a full year price has decreased, and indeed price has been consolidated lately, hopefully this is a good start

We can say that 2018 is the real face of cryptos since 2017 seen just a hype. This year we saw the worst of the market from being nose diving from its all time high. This is just indeed a test if how far can we hold and stay in this world full of uncertainty.

Don't expect for a massive bull run now, it's unlikely to be as there is no sign.

[alentmay]

If this year is allocated for bitcoin and crypto corrections, then so be it. I know the advantage of correction brings to cryptocurrencies. If that is so, i expect an inflation of crypto prices in the coming months.

This is just a short term thing as we are not even close at all to mainstream adoption, which I solely believe will bring a huge increase in value in the long run. One thing a lot of people find pretty hard to wrap their heads around is that corrections are normal for long term and sustainable growth.

If the market just keeps moving up without some slight corrections or big corrections we are seeing now, it will never turn out well as this is when we will get to eventually see a huge crash, but for a steady gradual growth, over time, it is always sustainable and that is where I believe we are headed.

There is no tool with which you can measure the market. There are some ups and down every time. Price never stops at some point. That is why it is called volatile currency. With every single day passing by, you see a different price of bitcoin. I know this for a long and longtime, but I haven’t seen two days with same value of bitcoin. So, don’t just worry.

[Lomberjack]

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 year, I think the price will still be the same. Very low. And it is a bad news for me. But on the other hand, it's a good news to because we can buy bitcoins in a small price. When it recovers next year, then we can make more money.

[erikoy]

Yes probay but there is so much correction being done? I can't imagine that bear market has gone quite long. I was expected that there could be some bull run where peak season was approaching. Anyway, If this is a year for correction then hopefully it will end now. The investors now are worried and some are done panic selling already.

[bakkang]

2018 is a year of overall crypto price adjustments, but with regard to bitcoin it stays at $ 6500 so it's likely that there will always be 2019 for all crypto to get a good market, to stabilize their prices.

Hoping that this coming year will be a year of cryptocurrency just like what happened last 2017 where a lot of crypto goes up fastly. Just like what you said that 2018 is a tear for crypto to adjust so hoping that they have an adjusment with all the crypto and makes everything stable this coming year.

[Betwrong]

Even though this year the price of bitcoin fell down, don't let yourself panic and think bitcoin will not be able to return to a higher price, still believing bitcoin will be able to increase and hold for future profits.

Hodl amd wait is the key. Probably many crypto enthusiasts have failed their expectations but then we should continue believing to crypto currency. We can say that this is not that good year but there is still December before year ends. Just hodl and wait.

I think if some crypto investors have stopped checking the price for a couple of months it would do a favor for them. Seeing the price going down, especially so fast as it has happened during the last 24 hours, they start panic selling trying to "save" at least half of their investment and end up with 50% loss in the best case scenario. Most likely those people will never try to engage in crypto again, and they will remember it as something which made them lose their money, while, in fact, they could have earned with it only by doing one thing, staying calm. People who sold their coins at $500 in 2014 were in the same position, although they thought they did the right thing seeing like the price was going further down later.

[Netnox]

I've been around here for a while and the current scenario reminds me of what happened during 2014. We had hit the ATH in 2013, and after that there was a sharp correction lasting for almost 3 years. I am afraid that the scenario is repeating.

[Caelanpelley]

By the end of the year, we did not know if there was any adjustment to bitcoin prices and other electronic currencies. From early 2018 until now, the adjustment of electronic money not as expected by investors. Transaction too slow, the price is too low.

[South Park]

Indeed, this year is a year that needs to be reevaluated, and must be able to be learned in order to be able to provide good value in the future, an unstable situation makes us continue to correct it carefully.

There is nothing to reevaluate, bitcoin is not a stock in which you can accuse the CEO of doing something wrong, the developers have been doing everything right, probably the only thing that you can accuse them is that it takes them a lot of time to update the network but that is understandable because they do not want to make mistakes, the drop in the price has nothing to do with the quality of bitcoin.

[budiarmed]

Yes that's true, this year is a year of concern and makes me very tired, but I'm still trying to hold on and hope this condition can improve quickly.

[fulmetal08larz]

This year is indeed full of corrections and disappointments to most of those who have bought during the time when various coins are skyrocketing. But, it is clear that the market is finding its strong support level which could mean that the longer it stays at the bottom, the stronger the support, the next direction would be no other way but to go upwards.

[ThankThake]

Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.

but the equation is that the trend line is still on an uptrend. there are many obstacles that must be faced, so that almost a full year price has decreased, and indeed price has been consolidated lately, hopefully this is a good start

I think that we have had a very bad market due so many reasons and the market recovery is taking time just because of these reasons so yes this is probably a year of correction as well.

[erikoy]

Probably this is the year of correction but mind you that bitcoin and other cryptocurrency would also had a great chance to have a good market price turn back. I do not see the system will not going to survive especially that money has gone through the system and many loving to have cryptocurrency.

[boyz97]

Probably this is the year of correction but mind you that bitcoin and other cryptocurrency would also had a great chance to have a good market price turn back. I do not see the system will not going to survive especially that money has gone through the system and many loving to have cryptocurrency.

this year was the worst condition ever in cryptocurrecy market.to fud and price manipulating by whales and speculator.even government take their roles in this market too.