Where the correction ?

[Novatech8]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

There will surely be correction but further corrections is what I'm not sure of because whales are in every corner trying to get in cheaper, if correction takes place big whales like tesla can buy again and thus keep pumping over and over, we really can't say when all this will be over

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[Novatech8]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

Instead of trying to figure out when correction will take place it's better to take your profit once you reach your aim, if you are worried about corrections it means you haven't take profits yet, do not end up like people in 2017 and 2018 who refuse to to take profit

[Princejebs]

the market correction seems to be very difficult but this only applies to Bitcoin, I don't know about Altcoins (maybe it's a fake bull)....seeing this https://finance.yahoo.com/news/7-public-companies-with-exposure-to-bitcoin-154201525.html I am sure that the price of Bitcoin will not fall again (because HOLDERS are a price fortress).  Bitcoin is already a rock-solid rock but I'm not sure about Altcoins.

With the way bitcoin has caught attention of the institutions, I doubt if we will ever see cheap bitcoin again.
Elon bought bitcoin worth 1.5B, do you think they will sell it low just to exit the market at loss?
Definitely, they are in for profit and for long time and he will keep doing so until he achieve his aim.
Last month when btc was trying to fall below $30k, he added btc on his profile and we all saw how the market reacted and people fomo. That's wlthe power of an influential and manipulation.

[Yaunfitda]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ?

Party has just began, when big institution came into the scene.

or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

It will be bigger, so the future is bright, specially Elon and his Tesla just injected billions into the market in the last couple of months. Of course there will be healthy corrections, because a parabolic rise is not good, but I doubt that we will se flash crash or massive dump. If we did, recovery will be very quick, that's for sure.

[vaultman]

I think that the corrections will be small, but the value of bitcoin will still grow, it will just happen gradually. It is enough to read the news about who invests their funds in bitcoin and you will understand how far everything has gone, now the bitcoin value has no way back, only forward.

[asriloni]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question ,

Nice ROI and you should be a lucky guy.

where the correction ,

Not yet happened.

it is the party will be over soon ?

I'm not sure about this but the answer should be maybe yes and maybe. No one knows about this. It can over anytime but if we are seeing from the progress that already made by crypto and it's quite impossible to happen in short time.

or it will be bigger since as we know recently big company like TESLA even accepted bitcoin ,

More big players join in crypto and this will be adding more fundamental supply and the bearish will not happen again.

or its just fake bull ? if yes , i cant imagine how big the correction will happen.

If that's a fake bullrun and you will never get 12x, is not it? that doesn't make sense to call it as the fake bullrun.

[AndySt]

I think that the corrections will be small, but the value of bitcoin will still grow, it will just happen gradually. It is enough to read the news about who invests their funds in bitcoin and you will understand how far everything has gone, now the bitcoin value has no way back, only forward.

I would like to believe that there will not be a big correction, but the memory of the previous ups of the exchange rate price gives rise to some doubts.The news related to the purchase of bitcoins by Tesla certainly gave some impetus to the market, but still this is an isolated phenomenon and there are no such daredevils among megacorporations yet, and therefore, in order to avoid a return path in the price, more such purchases are needed.

[Shasha80]

The rise in the price of Bitcoin and some altcoins has gone too high in recent days. So in my opinion there will be a correction soon, so if you are
already profitable. Take profit immediately, and don't forget to use stop-losses, if you are still sure the crypto market can still go up even higher.
So if a correction occurs suddenly, the losses you experience will not be too big. But if there is a correction I am sure the Bitcoin price will not drop
below $ 35k. Because with the TESLA investing in Bitcoin makes Bitcoin fundamentals even stronger.

[Ridwan Fauzi]

Glad to hear that, but if you investing your money to buy those coins in different situation maybe you will be lose your money and yoj thread now will be like how to trade well/how to invest well. Because each trader/investor should know where the correction comes or where the coin that he bought will increase.

You may need to learn technical analyst first and I suggest to sell your investment first before you lose. Crypto currency movement is different from traditional investment place, moreover in altcoin. You could lose your money after you have profited, yeah in a second. The volatility price is high I even see bitcoin volatility price is low than altcoin.

[Twinkledoe]

The rise in the price of Bitcoin and some altcoins has gone too high in recent days. So in my opinion there will be a correction soon, so if you are
already profitable. Take profit immediately, and don't forget to use stop-losses, if you are still sure the crypto market can still go up even higher.
So if a correction occurs suddenly, the losses you experience will not be too big. But if there is a correction I am sure the Bitcoin price will not drop
below $ 35k. Because with the TESLA investing in Bitcoin makes Bitcoin fundamentals even stronger.

Very right, and the alts mentioned by the OP are even not in the top. So if he is already in good profit, better exchange to btc/eth or other top alts that you know has always been in the market. It is hard to trust new alts as they can plunge anytime. He's asking for correction and if correction comes, he may not like it.

[ashmodeus]

4. It's good to see you made good profit from your investment, but I haven't heard of those alts you have mentioned lol 

lmao , you dont need to know about it xD, its just hype investement.

Why look for a correction when we are doing great, enjoy the ride and the journey, you've mentioned you made a good profit, keep the profit steady and coming but at the same time, always careful on any hint of a correction or even crash do not disregards these FUDS sometimes it give us hint of what's coming.

i dont look for it, i just wonder xD

I do not think whales for 20k are looking for only 2X ROI this time. This will be a bigger bull run and whales know institutional investors are getting into the crypto market slowly. There will be some small correction as usual but don't expect too much from this bull market.

i know it, they should hold it according the prediction , even 10k whales pretend doesn't care about today price xD.

You can not say that either. But I am 90% sure that we are not near another big correction zone. As CZ said we just lack imagination about the price.

not yet, i just realized it today.

[barbara44]

Do not look at the history, history was something that happened in the past and we need to look at the future in order to try figure out what is going to happen. After all we are in a world where having bitcoin dropped in 2018 doesn't mean that it will drop in 2022 as well. More precisely, bitcoin was around 100 dollars and moved to 1400 dollars in 2014, and it was around 700 dollars and moved to 20k in 2017 only three years later after having a big fall in the middle, it was about 7k and moved to 40k in 2020 as well, three years later, after having a big fall in the middle.

By this calculation if 2015 was a low year, and if 2018 was a low year, it should be 2021 that is a low year. But it is not right? We have seen bitcoin actually go up even further high during this period, we went into 2021 with something like 30k-35k levels and we have peaked at 47k, the all time high stands in 2021, which shows history doesn't always repeat itself.

[TheUltraElite]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction ,

Correction may take time to occur. But that would mean a loss for your since you are already in gains?

it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

Just keep one thing in mind. If it goes up it has to come down. It is only a question of when not how.

Since currently big companies have invested or shown interest in crypto, bull run is happening. But ask me, this is a inorganic bullish trend. I suspect the market to crash very soon and that would be the time when the FOMO will stop.

If you are in gains, sell those coins and book the profit in a stablecoin only to buy back BTC when the BTC price goes down or sell for BTC directly. Either way, this is the time to sell coins and not buy into the FOMO.

[Janation]

I think it already happened? Maybe?

When we reach the new ATH, the price went down lower close to the range of $20K but it just went up after that. Maybe the price is still going strong, it is still so strong that the correction that happened is not that felt unlike in the past. As other people said, I think this year is different, and with massive investors and adoptions happening, that correction can't be felt.

[jostorres]

I think it already happened? Maybe?

When we reach the new ATH, the price went down lower close to the range of $20K but it just went up after that. Maybe the price is still going strong, it is still so strong that the correction that happened is not that felt unlike in the past. As other people said, I think this year is different, and with massive investors and adoptions happening, that correction can't be felt.

Agree. We already had correction, price reached 41k, and went as low as 29k at one point and now we peaked at 47k+ as well and went up, that in between of 12k fall was the correction, and it wasn't even that small drop neither, even though we were still x3 in the 365 day high/low difference, we still managed to drop 12k, let me put it this way, at the start of the 2020 year we were 7k, so we have dropped 1.5x times MORE than the entire price a year ago, if you can't call that a correction I don't know what you could call a correction. Which is why I think it is obvious that people could definitely call these a correction and that is what I believe as well.

Of course this doesn't mean that we will never have another correction ever again, we could always have another correction, but at least we are beyond the first big one already.

[lienfaye]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

The market is unpredicted and correction can happen anytime soon if investors decided to take profit already. Thus if you dont want to regret not selling during bullrun and contented with the profit you can sell now,  then buy back again when there's a decline.

However we dont know whats next, the prices of the coins can increase further or turn down, no one really knows. Thats why the decision to hold or sell depends on each of us and its really tempting.

[kawetsriyanto]

I think that every time the price goes up, the market correction will be also following. However, the market correction is not as deep as usual,. It may because the bullish time is still here.
Actually, market correction happens in every coin after its high price and then down very easily in some certain percentage (commonly not more than 10%). However, the recovery at this time is very easy, sometimes it only needs a few days to recover and then make a starting point to rise up again.

[Quidat]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

The market is unpredicted and correction can happen anytime soon if investors decided to take profit already. Thus if you dont want to regret not selling during bullrun and contented with the profit you can sell now,  then buy back again when there's a decline.

However we dont know whats next, the prices of the coins can increase further or turn down, no one really knows. Thats why the decision to hold or sell depends on each of us and its really tempting.

Due to temptation i did really sell off my bag and now i dont regret on doing that because i had already secured my profits and now im waiting for the price correction.
Neither it would come or not at least i had secured my profits which do really give out some confidence or simply im not stressed on this one.Correction could really
happen and no one really knows on when it will start out.As an investor then its much more wise if you do already take profit while you can.For long term
then its their choice because we do have different investment decisions.

[TravelMug]

I think that every time the price goes up, the market correction will be also following. However, the market correction is not as deep as usual,. It may because the bullish time is still here.
Actually, market correction happens in every coin after its high price and then down very easily in some certain percentage (commonly not more than 10%). However, the recovery at this time is very easy, sometimes it only needs a few days to recover and then make a starting point to rise up again.

Right, any market for that matter won't go on a parabolic rise, most of the time it will go on a correction, whether healthy or deep correction. But in our case in crypto, specially in a bull run, corrections are not that deep to create a massive dump.

So currently as we swing to $50k, we should expect at least 5%-7% down the line correction for us to enter again and people taking profits. That's the natural cycle for most crypto.

[aioc]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

The bull that we are experiencing right now is not a fake one, it's a true bull and the one that we are waiting for a long time since the Bitcoin crash, you cannot fake a bull run for a long time, and besides many big institutions and big names in investing and corporation are coming in and even promoting like Elon Musk, we'll have a correction from time to time but as long as adoption is progressive the bull run stays and hopefully it will stay long.