2018 the year of correction?

[yvesp110]

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.

In my opinion, we can no doubt call it the year of correction because the market is down and it has natural tendencies to get back to the point of equilibrium so yes this year has been a recovery period.

each rise movement there always correction to make market become healthy.after peak movement investors take profit and make market down was normal in market cycle.

Yes it is normal to see the rise and fall in price sometimes it get high when most of people try to buy bitcoin and get income for holding it long time, reaching price at peak is itself and sign that now is the time to sell our coin, so after too much selling price gets down, so that is time when we should buy and hold to see the price to be high.

[djgtr]

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.

Yes, I agree with you that 2018 is a year when almost all crypto currencies undergo massive corrections, this greatly affects the mentality of new investors who have just entered in 2018, this makes them very confused to take the attitude of price movements, they finally sell panic for fear of experiencing a deeper loss, this panic selling action is certainly a trigger for deeper price corrections, I hope the next year will be a year where the price of crypto currency is very potential

That is because changes will surely happens because it needs a creation with master piece that is the reason why 2018 will be the year of massive correction. It needs to prepare for specialty creation the can be lead to the futuristic and adventurous. Every year their will be possible to happen either great idea or non sense but everything will happen for a reason.

[Dreamr]

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.

Yes, the bubble in 2017 had to be corrected and balanced out for Bitcoiners to make some profits in 2019. Even the stock markets has to go through some correction phase, now and again. I think we have reached the bottom end of the correction phase and we are going to get into a Bull market soon.

I hope Bakkt will be the trigger for the Bull market and it will push us back to a even higher ATH in 2019. 

What goes up must come down. The cryptocurrency market is under heavy correction because there was a huge pump in the market which may lead to huge dump also. Hopefully we're expecting the market to start recovering very soon for 2019 to make crypto great again.

[ict]

this year is a bad year for the crypto currency world. many crypto users or crypto currency investors have gone bankrupt and turned into traders or miners. at present, crypto prices continue to move down 70 percent from prices earlier this year. and at present, a critical condition for crypto users is because they are all worried that they will experience a large loss because their assets have decreased in value very much.

[Adhichan]

this year is a bad year for the crypto currency world. many crypto users or crypto currency investors have gone bankrupt and turned into traders or miners. at present, crypto prices continue to move down 70 percent from prices earlier this year. and at present, a critical condition for crypto users is because they are all worried that they will experience a large loss because their assets have decreased in value very much.

if they stay calm and well understand about cryptomarket they would not sell asset in bearish market.they made a mistake when become investor,didnt prepare their self well.

[reality18]

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

[Betwrong]

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

I would argue that 90% of the investors would begin to withdraw in the case you described in the first sentence. Most of the current investors are not traders and they are not looking for profits in a short term. The main factor which caused the drop in price was not the selling by most investors, but rather the selling by a few but very wealthy ones, who are called “whales”. And we will continue seeing the bearish trends every time the price rises significantly until they will run out of their stashes, in other words, until all the coins they have will be distributed among millions of long-term investors.

[Kimonoe]

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

I would argue that 90% of the investors would begin to withdraw in the case you described in the first sentence. Most of the current investors are not traders and they are not looking for profits in a short term. The main factor which caused the drop in price was not the selling by most investors, but rather the selling by a few but very wealthy ones, who are called “whales”. And we will continue seeing the bearish trends every time the price rises significantly until they will run out of their stashes, in other words, until all the coins they have will be distributed among millions of long-term investors.

it seems they know very well what to do, with the current conditions, indeed i think the whales are planning something to get big profits. technically the bearish trend still continues

[glowing10]

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

I would argue that 90% of the investors would begin to withdraw in the case you described in the first sentence. Most of the current investors are not traders and they are not looking for profits in a short term. The main factor which caused the drop in price was not the selling by most investors, but rather the selling by a few but very wealthy ones, who are called “whales”. And we will continue seeing the bearish trends every time the price rises significantly until they will run out of their stashes, in other words, until all the coins they have will be distributed among millions of long-term investors.

it seems they know very well what to do, with the current conditions, indeed i think the whales are planning something to get big profits. technically the bearish trend still continues

The bitcoin has corrected far more than it was expected and I think all the big whales probably are out of the market and might be looking at opportunity to buy back lower so that they can make huge profits as bull run might begin when they enter and can en cash profits before the year end and have a great year. Keep buying on the dips to get the better profits on your money.

[ufalo3]

We are almost reach end of year and the price still low until today and i do agree that 2018 is year of correction and most of investors has been lost because since last year the value of bitcoin lost more than 50% and i think most of us still cannot recover our lost especially the current price seems makes people doubt whether it will reach again to all time high or not

- 2018 is not the year of correction, more precisely, it was a year of purge and bloodshed and massacre because as you say, investors are almost lost, and the loss to date is probably a figure that if people cut losses, they would almost become bankrupt. People are really living in a state of fear and doubt about the future of bitcoin, the future of the market, although the glimmer of hope for recovery and return still exists but over time, that light is engulfed by darkness, negative atmosphere is covering, crying and moaning is beginning to appear

The year started with the bloodbath. Then, as I think, it was a period of the correction. After that, some stability came to the market. Now, we are waiting for the bulls that might come to us this winter.

[kramchers]

This 2018 is the year of cryptocurrency pruning.
there are so many people who jump from normal to crypto world.
They will be eliminated this year as they didn't know the community well though they see the profit in just a short period of time.
Crypto who has no bright future and great project to offer to the world will also be eliminated.

[Bezobraznike]

   I`m not so familiar with this term "correction" in crypto-currencies. We don`t know the true value of crypto-currencies,
correction comes from knowing that.
   Prices in crypto-currencies fluctuate depending from demand & supply, when we have surge in one of those two directions
price will go in that way too.
   Price is now dropping again. I`m not panicking or looking in that like in some "correction". Conditions on the market are like
that in this moment. Future will bring many more fluctuations before we see true power of crypto-currencies.

[bigvito19]

2019 will be the same

[JohnBitCo]

2018 - the beginning of the bearish year, 2019 will continue to be bearish one and only in the end of 2019 we will see some rising

Does not seems that you will have to wait for 2019 end. It could be well before itself where the rise will happen and may be in Dec this year itself we can see some bounce back to happen. So it seems you being probably not invested in this dropped market infact it is the time to make purchases with lower value and hold it for some months.

Yes, 2018 seems to be a long year of correction. At the middle of November, when everyone was hoping to get all time high prices of bitcoin, we have see all time low prices instead. This price movement of bitcoin has disappointed many people and many would left crypto if its keep on going like this.

[Snaic]

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.

Bitcoin pumped too much in price by December last year. Such a sharp increase in the price of Bitcoin will always entail a correction of its price, and the more significant its growth is, the deeper and longer its correction will be. Of course, who was ready to use this situation with a significant increase in the cryptocurrency market, he received a huge profit. Who bought bitcoin at the end of its growth, he has suffered significant losses so far.
The current decrease in the price of Bitcoin will have a very negative impact on the cryptocurrency market, apparently, the bear market will again be delayed, since many holders of cryptocurrency will again leave this market.

[mcTether]

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.

How long will this correction continue? The entire market is nose diving badly, bitcoin has now fallen below $5k, I think the correction need to be over before everything completely collapses.

[btc_angela]

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.

How long will this correction continue? The entire market is nose diving badly, bitcoin has now fallen below $5k, I think the correction need to be over before everything completely collapses.

Nobody can't tell how long this bear market will last. We didn't expect the price to go below $5k, but we're here right now and we can't deny the fact. Its just sad to see the price going down not because of our own doing, but because of the Bitcoin Cash war and we're caught in the middle. But the beauty about this crash is that we take long position and just wait for it to bounce back again.

[brsaltun]

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.

Yes, the bubble in 2017 had to be corrected and balanced out for Bitcoiners to make some profits in 2019. Even the stock markets has to go through some correction phase, now and again. I think we have reached the bottom end of the correction phase and we are going to get into a Bull market soon.

I hope Bakkt will be the trigger for the Bull market and it will push us back to a even higher ATH in 2019. 

Will this really be this fast after the fall? Will the balloon still explode, or will it fly away?

[Sobocirevo]

The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.

2018 is a bitcoin correction year,  bitcoin prices may be formed in the range of 4000 to 6000 USD for each BTC. It takes time to prove,  the price of bitcoin is not too expensive but high fluctuations are more attractive to bitcoin users, especially those with little capital.

[Joand_or]

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.

The period from the point of fall till the pint of recovery is always the recovery period after the recessional period is finished. For cryptocurrency, it often lasts longer but the current stability in the value of Bitcoin is good enough and shows signals for revival.