Quote from: upsidedown75 on October 08, 2018, 08:43:01 AM

Quote from: Alex31207 on June 25, 2018, 07:51:58 PM

At present, the market is experiencing a global correction. Someone attributed to this the manipulation of large players, some think that the cartel wants to bring down the market, but that's what I think about this:
1)Earlier when the first crypto currency (bitcoin) was born, there were few about it, that was heard, there were only enthusiasts who were interested in the mine. Here they are the first holders who sold them for 1-10 $
2)Then the game involved people associated with innovative technologies, which had large extra money, that would buy them bitcoin at cheap prices from the first miners. Thus raising the price to $ 100
3)But since after such a surge in prices, the first holders sold all their bitcoins, bringing down the rate. I do not think that in the past years 2010-2014 these were corrections. Most of all it was the draining of the first players who were happy that they sold so dearly. And they thought that the bubble burst
4)But large holders, all bought out and dropped superfluous players. After that, a good news background started, carrying a missile called bitcoin far into space.
5)People have heard from all sides what bitcoin is and that it grows very fast. Without understanding the market, despite the graphics, people bought bitcoins, selling apartments and getting into loans. By that, they carried the missile far into space. But the day came when the big The holder decided not to wait any longer for the end of the galaxy, but decided to sell his bitcoins ...
6)And people bought everything and bought ... And when the buyers were over, the sale of those who bought not long ago began. Then the sale of those who bought at the top was started. Forming with this a snowball, flying down. And now those who did not dare to go to market, not having had time to click on the buy button for $ 20,000 sitting and rejoicing that they did not come here. Sometimes glancing at the low rate
7)But we know that such a low price is an occasion to buy crypto currency. I'm sure that there will not be such prices any more. When players who sold bitcoin for $ 100-200-300 pumping a rocket with fuel began to enter the game. TV to say that the bubble does not burst, but grows. And the race of those who will buy for expensive ($ 30,000-$ 50,000) from those who buy now will begin. The choice is yours when you buy ...

Nobody knows when exactly the market will get back up. I have seen a lot of people talk about this and in April it seems like the price was going to rise when it got to $15,000 but unfortunately that was even when the worst got in, cause from that rate of $15k it then fell to $7000.

Then another news came in that the price will rise, from $7k it got to $11000 and then fell to $6k, lol. Lets see what will happen before the month of December.

There are corrections, fluctuations, and volatility in the price for several months. But you should bear this situation. Impatient people cannot make money in crypto world. If you think that the market is not good forget about your holdings for long time and never look the price. In the future when the price rises you will get good profit without doing anything.