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Author Topic: Is 2018 the year of crypto correction?  (Read 1777 times)

Offline OptimusPrime

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Re: Is 2018 the year of crypto correction?
« Reply #15 on: December 06, 2018, 02:01:43 PM »
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.
Well you made some sense but I doubt that's what a correction mean. I really can't explain it but am sure that's not what it mean
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Re: Is 2018 the year of crypto correction?
« Reply #15 on: December 06, 2018, 02:01:43 PM »

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Offline FinTech

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Re: Is 2018 the year of crypto correction?
« Reply #16 on: December 06, 2018, 04:39:38 PM »
it seems no longer a correction, but rather a mass panic over the failure of several methods that have been implemented on crypto and blockchain failures for public trust
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Offline carcas

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Re: Is 2018 the year of crypto correction?
« Reply #17 on: December 06, 2018, 08:09:51 PM »
correction and decrease in interest I think in 2018. the number of scams and hackers is one of the influencing factors besides the prohibition on using crypto. but, after a major correction, I'm sure all will recover.

Offline Hard effect

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Re: Is 2018 the year of crypto correction?
« Reply #18 on: December 06, 2018, 08:18:15 PM »
The crypto market has been the best time in 2018, and the time has gone down a bit, but in 2019 it will go back to the 'right place'.

Offline TERENCIO

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Re: Is 2018 the year of crypto correction?
« Reply #19 on: December 06, 2018, 08:31:00 PM »

Big investors just cashing out their profit and it has a huge impact in the market, they invested big and they need to remove big amount as well.
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Re: Is 2018 the year of crypto correction?
« Reply #20 on: December 06, 2018, 09:06:43 PM »
This year is the first year of halfing time of Bitcoin mining.
Thats why all coin is down because Bitcoin down too.
Wait until 2021 and look how Bitcoin will grow.

Offline PreshB

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Re: Is 2018 the year of crypto correction?
« Reply #21 on: December 06, 2018, 09:47:40 PM »
You  are  right   to  an  extent,  the  year  seem  to  be  the  year  of  correction,  due  to  how  the  market  price  was  low,  we  have  feel  the  correction  now  we  need  good  return, so  that  smile  will  be  on the  face  of  every  body.

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Re: Is 2018 the year of crypto correction?
« Reply #21 on: December 06, 2018, 09:47:40 PM »


Offline DeKingCrypto

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Re: Is 2018 the year of crypto correction?
« Reply #22 on: December 06, 2018, 09:56:45 PM »
I would say yes to this topic, following the way the market has been so far, maybe the correction will also bring to end all scam projects.

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Re: Is 2018 the year of crypto correction?
« Reply #23 on: December 07, 2018, 12:44:32 AM »
~snip~

Yeah, if there is no differences with the previous cycle, then the bullrun will happen in 3 years later. But there is something interesting in my mind about this. Can some factors change the four steps in the market cycle? For example, after Crypto Correction, market can recover directly and reach bullrun, without Consolidation/New ATH.

By the way, I give you +1 for the useful information.  :) 
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Offline arnishad

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Re: Is 2018 the year of crypto correction?
« Reply #24 on: December 07, 2018, 10:56:28 AM »
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