You are viewing a single comment's thread from:
RE: The World of Cryptocurrency - Still Hoping
Correction before just took several days and not even took 1 week to recover, but now its almost 2 months already - it is not just a correction but many factors were involve on why bitcoin crashed significantly
when you start in crypto you'd see alot of experts saying "Dont invest anything if you are not willing to lose it all" so if you are prepared for the worst possible then you wont be disappointed. for me every correction is an opportunity if it goes to a crash which i dont think it is i will be even more happy as it will allow me to level my purchases. its just the experience we need to grow and learn. some people are earning in bearish market without shorting.
bitcoin after lightening network will be way ahead of the rest and whats happening to all cryptos is just another reminder that bitcoin is the only coin that matter rest are all shitcoins. mark my words, this is just the shakedown and sharks are waiting around the corner, maybe they come in at 5000 or 3000 but i am prepared for all scenarios upto 1000. if it goes from this price to 100k i will be very happy and if it goes to 1000 i will be over the moon. if it goes to 1000 and stays at 1000 for 2 years i will still be a happy person. i have covered myself for all possible scenarios i can think off.
to answer your correction i did not mean the correction in relation to a couple of months ago. if you remember older corrections. in 2016 i remember a correction spanning 3 months and the pattern goes back all the way. this is just a shakedown for weak hands.