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Author Topic: Correction is coming  (Read 665 times)
K21000 (OP)
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February 23, 2021, 06:14:38 PM
 #1

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
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February 23, 2021, 06:22:34 PM
 #2

Even if the market continues to fall, I don't think the levels will fall below last year's levels, that is, even after this adjustment, if you had coins from before, they would still have generated a profit for this year.

I personally prefer to keep until the next bulls on the market.

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February 23, 2021, 06:28:49 PM
 #3

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

Good!  I can buy more!
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February 23, 2021, 06:30:00 PM
 #4

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

What, that's it?  Nothing to support your assertion?  To say it sounds pretty thin would be an understatement.  I'd expect a correction after such an impressive bull run, sure, but where is this 50+% figure plucked from?

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February 23, 2021, 06:34:10 PM
 #5

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
You must be new to all this if you think that this is beginning of a huge dump. Absolutely nothing special happened now other than a healthy correction which was bound to happen sooner or later.

Unless you really know what you are doing, best is too jeep holding bitcoin because chances are that you will end up with less bitcoin than you have now if you decide to sell now and buy back again. Instead, just keep holding and not to worry about this.

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February 23, 2021, 06:52:24 PM
 #6

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

Bitcoin exchange rate is currently approximately $47,550 USD.

You are stating that it will be $23,775 (or less) at some point between now and May 23.  Correct?

Are you 100% certain of this?  If you are wrong, are you willing to pay me for all the money I lose by taking your advice? If not, then why bother wasting all our time with your nonsense?

Are you certain enough to make a bet on it?  We can both put $1000 of Bitcoin into escrow.  If the exchange rate drops below $23,775 between now and May 23, escrow will be immediately released to you.  If it does not, then at 00:01 GMT on May 24, escrow is released to me.
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February 23, 2021, 06:54:25 PM
 #7

Although Bitcoin is still volatile, I believe that its long-term outlook will still be good and it will be maintained.
Because the prices have come down, it has become easy to buy more coins. This is a good thing.

R


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February 23, 2021, 06:58:20 PM
Last edit: February 23, 2021, 07:16:29 PM by chaoscoinz
 #8

It look's like you've just joined the Bitcointalk forum 2 years ago, so assuming (I apologize if I'm wrong) you're a "Johnny come lately", how much do you really know about cryptocurrency to be giving out financial advice? What kind of inside information could you have to possible convince people that they have to sell their coins right now? Where are your receipts for these wild claims? I'm not saying that your wrong but, we probably are do for a correction but you've got to be kidding me? This kind of talk sparks panic in the community, it is the start of a F.U.D campaign "Fear, Uncertainty and Doubt".
  Don't give up brother, remain optimistic in the face of uncertainty. At least drop some trading view charts (technical analysis) to support your claims.

Just my two cents

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February 23, 2021, 07:16:05 PM
 #9

Correct go sell your coins at lower prices, So I can buy cheaper bitcoins. During this huge bull run it's definitely normal to see a correction even to lower prices. Even if you look at the TA side of the story it's completely normal to see corrections into the key price levels. In the fundamental side, there was some negative news from US and Janet Yellen the secretary of the treasury said some negative stuff about bitcoin.

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February 23, 2021, 07:40:48 PM
 #10

based on underlying value.. id say it would stay above $21k base value and will meander around $30 as the medium term low

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February 23, 2021, 07:43:07 PM
 #11

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
lets HOPE so.....
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February 23, 2021, 07:45:03 PM
 #12

Jokes on you, a lot of people are actually waiting for a huge correction. It's way overdue, I agree, but the figure is still undecided and most predictions are basing their numbers out of thin air and stars alignment. At this point, those institutions who bought millions of $ worth of bitcoin aren't going to sell their coins to save some bucks. I'm pretty sure most of them would wait this out and only those scared would actually sell. Now due to this, I expect not a crazy correction, but rather a move back to $30000 would be nice and apt for now.
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February 23, 2021, 07:51:57 PM
 #13

I wonder how many people will listen to a man who tells them to sell all their coins?  Grin
In my opinion, when someone tells you to sell, you should do the opposite!
Especially now there is good news about USDT... Wink

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February 23, 2021, 08:03:36 PM
 #14

Sell your coins while you can,
You can go right ahead and sell all YOUR coins if you expect such a drop within the coming months, you could be right and get a great opportunity to short and purchase more at the dip, or you could be wrong and miss out on a much higher bull charge. Trading is a personal decision and you get to make the choice if you Hodl the coins.

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February 23, 2021, 08:10:37 PM
Merited by virtualdn (1)
 #15

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
Why would I?

It's hard to accumulate bitcoins these days and why would I listen to you? It is viewable that it's correcting and so what if it is? we've got higher price still since the end of 2020 and even at the last ATH of 2017.

All is well.

You don't have to panic.

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February 23, 2021, 08:31:17 PM
 #16

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

Not true.
We are in a bull run, the block reward halving was not long ago. We are currently witnessing a correction but tyere are always multiple 30% corrections in bull runs followed by constant ATH’s. This bull run has lots of room for price increases. We will see $100,000 this year. A big, long bear market will come but not in 2021.
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February 23, 2021, 08:51:17 PM
 #17

Of course, sell all your bitcoins right now so you will give your seat to someone else to the moon!
Ideas like this make me reminder weak hands who bought btc for 19,000$ and sold for 3,000$ last time and complained later bitcoin was a ponzi scheme.

And media has already started the panic wave with lots of bad news. It's all to influence you to sell everything and get out of the game, so new players can come in. Be smart, keep holding!

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raskolnikovx
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February 23, 2021, 09:12:04 PM
 #18

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

yeap, that's FUD ;P
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February 23, 2021, 09:14:26 PM
 #19

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

Jesus, what kind of horrible math and science are you using? Correction of 50%? Do you even know how to multiply? Perfect math and science has proven the coming correction for this year alone will be 70%+. The price will eventually go to zero as I've confirmed many, many times using proven, confirmed sources, unlike you.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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February 23, 2021, 09:17:54 PM
 #20

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

Jesus, what kind of horrible math and science are you using? Correction of 50%? Do you even know how to multiply? Perfect math and science has proven the coming correction for this year alone will be 70%+. The price will eventually go to zero as I've confirmed many, many times using proven, confirmed sources, unlike you.

Where is the science?

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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