Post
Topic
Board Economics
Re: huge crypto market correction incoming
by
bohr
on 29/11/2017, 04:40:25 UTC
Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.



https://gyazo.com/d0acc37f197a677ac4752650c7e94e77
And why we should be worried, corrections are a natural thing to happen in a market, if the price goes down I do not have a problem with that, the only ones with a problem are those that bought at the top and are going to lose money because of it but for the rest of the people in bitcoin that are holding for the long term do not care if there are corrections since they will probably still be on profit no matter how big is the correction.