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I would say we should be thankful that the price correction has started unlike last bull run wherein the price correction happened after the end of bullrun as a result many new investors made panic selling at lower price. Since the price correction has started I think it reduces the risk of sudden dump. This would be a difficult situation for those who have recently invested when the value of Bitcoin was $19k.

Yes the bitcoin's value has direct effect on the value of altcoins and that's probably the reason for slump in the value of altcoins as well and I feel Bitcoin will not go below $15,000 as it looks like a border of resistance and if it was really a correction then within weeks he value of Bitcoin should start increasing which will be a good news for both Bitcoin as well as altcoin holdlers since the growth of Bitcoin is directly proportional to pump in the value of altcoins.

Calm down, it's too early to pass judgement as this is not the first time we have seems such situations, I am sure Bitcoin will rise again as its just a usual correction which occasionally follow post every pump and if you remember we were expecting Bitcoin to cross $19k at the end of December but it crossed $19k in November itself hence this a correction period which won't last longer.

A genuine project with a proper planning and visionary leader will not be rushing into anything as they don't have to rush when the market is good because market situation is not a permanent stuff but the project have to go on. Hence, in my opinion regardless of bull run or bearish market a good project will definitely achieve success with its product rather than market situation, there were so many projects which gave covid as excuse because they have no vision and even if they launch now it will be nothing more than a bubble.

Please do some more research before posting such articles as this might mislead so many people if they go by this article blindly, the recent pump was due to spark airdrop wherein users were accumulating Ripple, and just for your information Ripple can increase or decrease demand and supply anytime because they don't have fixed supply of tokens and moreover Ripple would never be accepted by true crypto-enthusiast since it's not fully decentralized and at the end, people will lose their money when the company decided to sell off the huge chuck of tokens or to dump more tokens into market.

Till yesterday it felt like we are going through a repeat of 2017 but all of a sudden it's dropping down, what would have caused this dump? Is it related to drop in the value of Bitcoin or else some other reason like whales cashing out ? I feel it was a temporary correction which took place after altcoins went bullish especially XRP and XLM which gained over 100% in last one week.

Yes, it's really good to see those who believed in Bitcoin during its worse are getting the rewards in the form of bullrun, it's not an easy task to hold on when the market goes through Bitcoin bloodbath. But I feel sad for those investors who invested when Bitcoin was at ATH and then sold it incurring loss due to high emotions and panic which loomed over crypto market in 2018.

It's quite evident that BTC will break it's previous ATH but there is one more question which we need to discuss, will there be one more bear market in the month of January 2021 just like how it did in January 2018 after the crazy bull market in December 2017? If there will be a bear market then will it be due to whales cashing out or some other factor?

Kindly share your opinion as it will help everyone to plan accordingly.

It's a bit difficult to figure out a scam project unless you do thorough research right from the team member's profile, their whitepaper and verify if the points in the whitepaper are copied from another project's whitepaper because I have seen projects wherein they have picked content of whitepaper from multiple projects (bits and pieces). Unless the community starts doing the research before being a part of these scam projects nothing could stop scam projects since there are no such restrictions in the crypto domain.

There should be a KYC process for Dev team before they can advertise the projects in this forum to keep the forum clean.

Yes, most people are afraid of what will happen if the value of bitcoin drops while they trade using BTC paired with Altcoin. It's risky but at the same time it can provide profit especially during these situations wherein Bitcoin is bullish and I prefer trading pair of BTC-ALT as it has worked for me on multiple occasions and I prefer taking risk.

It's the small players who end up losing their investment just like it happened last time since the fluctuations doesn't really matter for long term investors but small players make mistake of panic selling because thier situation and let's not forget those who have already invested during the last ATH are still waiting for price to cross last ATH.

Yes, most of the fluctuations occur during the weekend especially negative news as we see red candles during the weekend if we consider the last two weeks the value of bitcoin increased during the last two Friday and Saturday but dropped on the last two Sundays. Let's monitor how it goes this Sunday and compare it with few more weeks to understand the pattern.

I am really impressed at the rate how the project has been improved as it has already achieved over 6000x from it's all time low but yet to reach it's all time high, but this token would be for risk takers as it's highly volatile and I will definitely give a second thought to invest into it for sure. these are the tokens which change one's life if things go well.

No ripple cannot replace bitcoin as it's centralized and designed for banks, wherein bitcoin is decentralized and this topic has been discussed numerous times in this forum, Yes Ripple is quick and transaction fees are low compared to Bitcoin but it doesn't belong to the league of Bitcoin so there is no comparison between XRP and BTC.

I would suggest you to go for it when the price reaches the $20,000 as per your set figure because I don't think it would take much longer for bitcoin to reach $20,000 and I would suggest you to sell off 50% and Hodl on to remaining so that if the value of Bitcoin increases you may sell it during it's peak or else if the value starts to dump you may sell it at the first dump or correction itself, it's work taking this risk as your loss might be minimal if the value drops but profit will be more if value pumps further than $20,000

I don't think so because there are so many projects which is faster and more efficient than Bitcoin but still Bitcoin rules crypto world and similarly there are numerous projects to replace Ethereum but they might not succeed as Ethereum is like Bitcoin of altcoins, if anyone can even come closer Eth then it would either be TRX or NEO.

Great news, I hope other billionaires will follow the same as it will push Bitcoin towards it's ATH value but this comes with great risk as well because the more rich people invest into Bitcoin the more it becomes like a gambling wherein they may cashout anything sending shockwaves across the bitcoin's community like whales did last time.

It won't be like the one which we faced in 2018 but yes we might experience a low level dump in form of correction period, this time it's completely different than 2017 wherein we have not seen any sudden spike in the price rather it has been a gradual increase until Bitcoin crossed $11k.

Yes, I feel we will cross $20,000 by the end of this month or the beginning of December, the best part about the current market situation is that Bitcoin has created a solid stand over $16,000 wherein we have not witnessed any major dump in last few weeks. This will be a perfect opportunity for those who missed out last bullrun.