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Author Topic: Market correction before bull run  (Read 928 times)
odukoyaewatomi27 (OP)
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February 28, 2019, 08:27:11 PM
 #1

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.

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February 28, 2019, 09:05:32 PM
 #2

Not knowing when bullrun will be come back is the source of concern for people and those who do not want to take a risk step back. We all know that the prices will improve, but there are small number of indicators for price prediction, and forcing everyone to choose one way and the retreat is other choice that may be more accurate way.
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February 28, 2019, 09:12:50 PM
 #3

I can't blame newbies anyways, it is because they aren't use to this kind of market it is very strange to them the nagging is understandable, i also hope the correction will not take long before market direction will be bullish again.

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February 28, 2019, 09:14:56 PM
 #4

You can't blame the newbies for looking at the market on its beauty while ignoring it when it goes through bad conditions like corrections. That's how a person looks at into something when it's not profitable anymore for them.

But knowing why it has to go through with a very long correction, they will lately understand that it should be done for the growth of the market that can potentially reach after these corrections. These dips are essentials, as bull runs are normal thing too. There should be a balance in the crypto ecosystem, right?

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February 28, 2019, 09:21:23 PM
 #5

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.

It depends on the experience in dealing with things
And to look at the market and the field as a whole
Do you want to make a quick profit in a short time
Or do you believe in the idea of the future of the currency and financial services in general?
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February 28, 2019, 09:24:18 PM
 #6

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February 28, 2019, 09:26:57 PM
 #7

it is a correction, i would say it is a fifth wave, and after this we should go up steadily, but will see how long the fifth wave is going to last
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February 28, 2019, 09:36:48 PM
 #8

Can you blame them? They are newbies after all.
What they need is some assistance or maybe someone to guide them.
Thats is why I never stop answering them thru telegram oe the social media. It will be all worth someday. I know that.

Regarding rhe correction, it may be as what those analyst says but it is still a prediction and they dont really know what could happen.
There is no exact date or number when it comes to this kind of investment.
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February 28, 2019, 09:48:12 PM
 #9

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.

The one who have purchased in high are the main users who are complaining about the market correction and delay in bull market. They saw the market moving up fast and entered when market was starting to correct but they did not saw that how much time it took to go high. That is the main reason they are now complaining as they thought of earning easy money fast.
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February 28, 2019, 10:03:23 PM
 #10

I do not see any reason why the market should go up now. At the moment, the market has already started to show signs of life and whales immediately drain causing the market to fall even lower. I think that while there won't be a minimum number of hungry mouths to proc then the market starts to grow.

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carter34
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February 28, 2019, 10:25:26 PM
 #11

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.

Quite understanding. This crypto is in such away that if you lack experience, you will suffer because you will take some decision hastily without knowing that they are complete trap.
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February 28, 2019, 10:44:29 PM
 #12

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
That's true and i have seen that on the old chart of bitcoin and crypto, usually the correction needs a few years before the bitcoin can get another bullish trend again in the future.
I just try to buy more and more and keep it for myself dude.

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February 28, 2019, 10:46:55 PM
 #13

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
Let us put this issue of market correction to rest. This was what people said throughout 2018, I don't believe in market correction in cryptocurrency as it is not a planned activity by anyone.

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February 28, 2019, 10:55:50 PM
 #14

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
We need corrections before we finally goes uo. The market moves like this every since, and that is why veterans already know this one. Newbies are not, because of lack on experience and because they are thinking negatively. Well, I know everyone here will gain more experience as the time past by.
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February 28, 2019, 10:59:43 PM
 #15

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.

All these newbies will soon realize that, after the bull run comes and they have analyzed, that cryptocurrency is alive and kicking and the bull run will happen to give ample time to correct the market, the chart proves it  and will prove it all over again.
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February 28, 2019, 11:02:12 PM
 #16

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
This is somehow true but I also think the current situation of the crypto market is due to the increase in the amount of the circulating crypto coins. Comparing the number of circulating bitcoin and ethereum in 2015 to that of 2019, there has been a massive increase in the amount of circulating bitcoin and ethereum.  This has increased the supply rate causing an effect on their prices.


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February 28, 2019, 11:06:28 PM
 #17

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
yes you are right before and huge burden the correction is more important at this stage but how we can hold it for long time will not be sure by anyone but the situation will made up the coins more stronger and more powerful so when comparing to the previous year it will developing a lot more than before this will be a good sign for improvement.

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February 28, 2019, 11:14:51 PM
 #18

Market correction should happen first before another bull run occurs, there was a huge number of people coming in the market, because of the massive promotion of cryptocurrency and people wants to buy as many coins as they can, and whales are dumping them coins.
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February 28, 2019, 11:19:42 PM
 #19

The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
Under normal circumstance, newbies are still learning, which is why they are prone to mistakes. So they need to be guided, most especially when it comes to investments.
So, if a newbie complains, it means he does nit yet know, but needs to know.
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February 28, 2019, 11:20:51 PM
 #20

that's right, the market is in a phase of correction where at that time we won't see a significant price increase but prices tend to be stable, the market volume is high so even though there is still a decline but the market will quickly turn green and I think this is a very good time to start investing because after the market passes this phase the market will turn into bullrun instead of bearish again

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