Are you ready to undergo painful correction?

[AllSii]

I think investors should be prepared to undergo a painful correction if it turns out that bitcoin price will reverse or fall in price. If this happens at least we can prepare steps that must be taken to minimize the loss of bitcoin assets owned.

We have all been waiting for a correction of bitcoin for a long time, starting from $ 14000, but bitcoin is constantly growing. But we still won't know exactly when the correction will come and it will catch us unawares.

[Carbitcoin]

I think investors should be prepared to undergo a painful correction if it turns out that bitcoin price will reverse or fall in price. If this happens at least we can prepare steps that must be taken to minimize the loss of bitcoin assets owned.

We have all been waiting for a correction of bitcoin for a long time, starting from $ 14000, but bitcoin is constantly growing. But we still won't know exactly when the correction will come and it will catch us unawares.

According to all historical indicators, we are already accustomed to expect, after a significant increase in the Bitcoin exchange rate, a correction, which had different indicators in the past. I believe that today the bitcoin rate is more balanced, with more investment funds. The rollback will be quite predictable, but it will not be large-scale, as everyone expects.

[sampoerna]

Why not ready? I personally beleive that bitcoin is always involving its volaitlity. The price market correctio will be always there vefore they are going to get some certain ways. I mean that the market correction will happen whatever we are. Moreover sometimes the higher number of the correction may lead tot eh higher price backup

[alltalk]

Correction can happen at any time and we don't know how bad the correction will be. That's why we must be careful to set a plan or target for our Bitcoin asset. Don't be greedy, set a realistic target for our Bitcoin asset. Also, use a proper strategy, so even the correction happened, we already got profits from our Bitcoin assets.

[Altcoin1998$]

Bitcoin market are completely risky to invest because one can't predict what will happen in future? Today's bitcoin market more than 18k usd dollars and many investors investing today's price but Bitcoin price may dump tomorrow ,so you can realise that the investors will get losses ,so every investors, traders and holders ready all time to take any corrections and risks.

[Blaze]

Correction can happen at any time and we don't know how bad the correction will be. That's why we must be careful to set a plan or target for our Bitcoin asset. Don't be greedy, set a realistic target for our Bitcoin asset. Also, use a proper strategy, so even the correction happened, we already got profits from our Bitcoin assets.

therefore we should be able to remain careful with price movements that cannot be ascertained and of course if trapped in expensive prices it will make us feel depressed.

[Alcor]

The price correction in the cryptocurrency market has already happened and, as expected, it was not very painful and only lasted a few days.  Now the price of bitcoin has again exceeded $ 19,000 and continues to grow.  It seems that by the end of this year nothing will prevent a good rise in prices in the cryptocurrency market. 
The price of bitcoin, of course, in the future may fall sharply again and you need to be prepared for this.  True, this is not expected in the near future.

[Gostudio]

Bitcoins is a digital currency. So if we say it is digital it can increase or decrease depends on the seasons or situation that we had. But of course we are hoping that it will increase that high, from 5 digits to 6 digits. It is possible to happen because most of the time bitcoins is increasing although there are times that it is fluctuating. But if it is happen. We must face it.

[Sharelock]

Yet there's one simple but hard question we have to consider and that question is "Are you ready to undergo painful correction?". Assuming bitcoin touch a new ATH price record in the market. Let's say your speculation is $100,000 and you purchased it at $85,000 and suddenly the price dump at $40,000 and yearly the price has no progress instead it keeps on crashing plus the fud adding more preasure and putting the community into great panic.

Now in this kind of situation, are you sure you are ready to this painful correction?

Tom Fitzpatrick says, "bitcoin is all about the 'unthinkable rallies followed by painful corrections.”

Source:Bitcoin.com

There are no stupid investor who buy at high price and sell at low price.
every investor must also know where the lowest price of bitcoin and the highest price of bitcoin of all time.
one example in 2016 bitcoin had a price of around $ 4000 and in 2017 the price of bitcoin rose to touch the $ 21,000 mark. and in 2018 the price of bitcoin fell to $ 3500 and in 2020 bitcoin went up again at a price of $ 19,000
So all investor would prefer to wait to buy at $ 3500- $ 4000 and hold up to a bitcoin price of $ 19,000- $ 20,000
and while waiting for bitcoin to fall in price investor usually prefer investing in alt coin

[XM8]

Many are waiting for the time that bitcoin will move back to its last ATH. Yet there are others or maybe more than I expected, are longing to see bitcoin with a six digit of value we can even read topics like this here in our forum. Here are the two of them:

A topic started by Muneeb22
https://www.altcoinstalks.com/index.php?topic=143424.0
A topic started by Bradsow
https://www.altcoinstalks.com/index.php?topic=179221.0

There is nothing wrong being a believer in such speculation since everyone is free to do that and all wants it including me because I'm still hoping that it might be chance for some of my altcoins.lol

Yet there's one simple but hard question we have to consider and that question is "Are you ready to undergo painful correction?". Assuming bitcoin touch a new ATH price record in the market. Let's say your speculation is $100,000 and you purchased it at $85,000 and suddenly the price dump at $40,000 and yearly the price has no progress instead it keeps on crashing plus the fud adding more preasure and putting the community into great panic.

Now in this kind of situation, are you sure you are ready to this painful correction?

Tom Fitzpatrick says, "bitcoin is all about the 'unthinkable rallies followed by painful corrections.”

Source:Bitcoin.com

I didn't understand anything about the tropic that bro discuss hare.if you could please create a tropic about the details i would know better looking forward to your valuable detailes discussion

[Seerge]

Learning from the experience that has happened in the past years, we must be prepared for everything that happens with changes in the price of Bitcoin, but I am optimistic that the current Bitcoin price correction will not be too deep.

[Quantum X]

After all, if it does not rise in price within a year after the halving, then many may be disappointed in it.  What will happen next after that, one can only imagine.

Surely not all can stand the challenge of correction. I could say that those are the buyers who decided to buy at the peak of bitcoin price lead by emotion and through it they would be lost in hope too.

The price correction in the cryptocurrency market has already happened and, as expected, it was not very painful and only lasted a few days.

True! Yet the long run he not yet come which might be the scariest correction than the old ones.

The price of bitcoin, of course, in the future may fall sharply again and you need to be prepared for this.  True, this is not expected in the near future.

Exactly! That is why buying bitcoin during bull run is not good to hold it for long term.

Moreover, sometimes the higher number of the correction may lead tot eh higher price backup

You are right. That is why a wise investor of bitcoin has always a price target during bull run and during drought season. Without set of price during bull run is greediness and this will be a great fall of an investor.

but I am optimistic that the current Bitcoin price correction will not be too deep.

I agree to this. Yet this is just for now we never know if the correction will happen soon. But of course this will not come without the touching the highest peak of bull run.
Since reading the highest peak of bull run is hard setting price as your target is wise enough to avoid painful correction.

[Psycho]

All there must be risks, but if the price of bitcoin does not match expectations when we buy it. What can we do to hold or sell? I think we have to be prepared with all the possibilities because bitcoin prices are difficult to predict. so be wise in investing. I will accept the situation of the bitcoin market if that happens

You're right, everything is risky.  If you hold Bitcoin and want to sell it later but are not getting a good price.  Then you will hold on for a few more days.  Next time Bitcoin will present you with a big prophet.  Because the price of Bitcoin will increase day by day.

[XM8]

Many are waiting for the time that bitcoin will move back to its last ATH. Yet there are others or maybe more than I expected, are longing to see bitcoin with a six digit of value we can even read topics like this here in our forum. Here are the two of them:

A topic started by Muneeb22
https://www.altcoinstalks.com/index.php?topic=143424.0
A topic started by Bradsow
https://www.altcoinstalks.com/index.php?topic=179221.0

There is nothing wrong being a believer in such speculation since everyone is free to do that and all wants it including me because I'm still hoping that it might be chance for some of my altcoins.lol

Yet there's one simple but hard question we have to consider and that question is "Are you ready to undergo painful correction?". Assuming bitcoin touch a new ATH price record in the market. Let's say your speculation is $100,000 and you purchased it at $85,000 and suddenly the price dump at $40,000 and yearly the price has no progress instead it keeps on crashing plus the fud adding more preasure and putting the community into great panic.

Now in this kind of situation, are you sure you are ready to this painful correction?

Tom Fitzpatrick says, "bitcoin is all about the 'unthinkable rallies followed by painful corrections.”

Source:Bitcoin.com

I don't know much about the topic you have discussed, brother. I would have known a lot if you had created a nice topic and posted it in detail.  Looking forward to your important feedback

[nelson4lov]

I think investors should always be prepared for the worst, cause investing in bitcoin  is very risky, today its up tomorrow it will dump $1000 and the day after tomorrow it might just rally up and move $3000, the bitcoin market is volatile, we shouldn't expect the market to work hard for us,and also a healthy correction is always needed in the market, you cant expect bitcoin to continue pumping every day.