Post
Topic
Board Speculation
Re: Price is increasing too fast, will there be a correction?
by
btcney
on 12/08/2017, 06:29:42 UTC
Will we have a correction before $4000? Or will it escalate even higher?

Need your opinion before buying more.

Honestly right now it seems like a bit of a bubble. Price has increased a lot and personally, i don't think it's going to be sustainable in the long run. There will definitely be somewhat of a correction i think by the month end.

But for now, i think we'll just see more pumping at least until Segwit gets activated around a week later.

It's no good just blindly buying into the market anytime just because others are saying so. Think rationally. Even if you bought at $2800 which is high you'd still be cashing out a cool $900+ profit per coin.