This situation now I wouldn't call strong correction, it's been much worse. Currently this is still moderate corrections and at the moment I don't see the signs that it could go even deeper. So watch the market closely and keep up with changes but don't start to panic and don't get under influence of different false information and FUD. So far I haven't read any prediction with solid ground and explanation that makes any sense so I consider this all to be pure speculation.
And I often wonder if it is a chicken to an egg situation... any thoughts?
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Re: Cryptocurrency market to suffer from strong correction
by
TheWhiteCompany
on 11/06/2018, 20:10:49 UTC
"It is important not to fall into a panic and wait until the market comes out of correction. Then enjoy the profit when the market is green. Buy coins in parts on the fallen market." I like this advice, and forgive me if this is not the standard formatting for commenting on a quote of someone else in a thread. Do let me know if there is a better, more respectful way of doing this.
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Re: Cryptocurrency market to suffer from strong correction
by
TheWhiteCompany
on 11/06/2018, 19:57:13 UTC
Vis a Vis your earlier comments, what are you feelings now that the 7th of May has come and gone and what trends do you happen to see coming out of what is happening now?
Been seeing projects' Telegram groups blow up and I think that's an attribute of success. Personally, when I find a project, I do judge them by their social media presence. How active a telegram channel does say a lot with their demand.
With the rise of groups exceeding Telegram's 50k member cap...what do you guys think?