Post
Topic
Board Economics
Re: 2018 the year of correction?
by
posi
on 16/11/2018, 13:59:24 UTC
Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.
but the equation is that the trend line is still on an uptrend. there are many obstacles that must be faced, so that almost a full year price has decreased, and indeed price has been consolidated lately, hopefully this is a good start
I think that we have had a very bad market due so many reasons and the market recovery is taking time just because of these reasons so yes this is probably a year of correction as well.
For those that invested into cryptocurrency market during the all time high price this current market is a bad market but I dont see it as a bad market because every experience cryptonier knew that market correction is to be expected the following year of the year which we had an all time high price in the market.
Meanwhile, advice those that during the all time high to buy in other for them to make up for their loses in full.