Post
Topic
Board Economics
Re: Where the correction ?
by
Mauser
on 26/02/2021, 14:29:13 UTC
to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.
Man nobody can tell you what exactly. Even Bitcoin we can’t tell where it is heading next not to talk altcoins, and some of the altcoins’ you have mentioned I don’t even know them, so can’t really tell you what’s going to happen to them in the days that are coming.

Right now a lot of people are confused to when there will be bear, and there are also those who are saying that there is not going to be anymore bear market after there have been lots of institutions who have invested their money in the crypto currency market. Bitcoin decreases early this week to the extent a lot of people got scared, but now it’s climbing up again.


As long as we are not seeing a panic selling happening in the bitcoin market, the alt coins should be fine. There is a strong correlation at the moment between bitcoins and the big alt coin markets. So in my opinion we shouldn't expect a correction any time soon. As long as BTC is above 30,000 USD then our alt coins should be fine as well.