Post
Topic
Board Economics
Re: 2018 the year of correction?
by
alentmay
on 15/11/2018, 07:08:34 UTC
If this year is allocated for bitcoin and crypto corrections, then so be it. I know the advantage of correction brings to cryptocurrencies. If that is so, i expect an inflation of crypto prices in the coming months.
This is just a short term thing as we are not even close at all to mainstream adoption, which I solely believe will bring a huge increase in value in the long run. One thing a lot of people find pretty hard to wrap their heads around is that corrections are normal for long term and sustainable growth.

If the market just keeps moving up without some slight corrections or big corrections we are seeing now, it will never turn out well as this is when we will get to eventually see a huge crash, but for a steady gradual growth, over time, it is always sustainable and that is where I believe we are headed.
There is no tool with which you can measure the market. There are some ups and down every time. Price never stops at some point. That is why it is called volatile currency. With every single day passing by, you see a different price of bitcoin. I know this for a long and longtime, but I haven’t seen two days with same value of bitcoin. So, don’t just worry.