Is correction finished? Time to buy?

in #cryptocurrency7 years ago

Hi guys!
Here since so many time, cause work. Here back now, in a perfect difficult crypto period.

Well, I went into cryptocurrencies in 2017 spring, so I've lot of margin, also in this dark moment for all new crypto users.
Before to go into, I studied a lot graphs, stats, projects and so on... and I took a very good period to come in, before the April/May first high growing.

In this months I could see some corrections:

  • June 2017
  • September 2017
  • November 2017
  • December 2017

and I knew also older ones (2013-2016 period).
So talking about percentual corrections, this is not the worst ever.

The question now is: are we near the end of this big correction, or would it take some many days again?
I think we are really close to the rise (while I'm writing market is growing) and I'm ready to buy.

What do you think about?
Are you scared or do you think same of me?

Let me know guys!
Steem on!

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Bitcoin is gonna go down the blockdrain

There are many things I don't like about bitcoin. It's based on 2009 technology. It can take hours to make transfer, because the networks are overused. It doesn't have a lot of utility, other than mining which is taking vast amounts of electricity and resources. I think it will be replaced by a currency that is faster, safer, and uses less electricity.

WAVES, fast and low fee, a client platform (now new version) with internal market, token creation, ecc

I'm an ETH and WAVES addicted, and I prefer to go on with them. What do you think?

If it's not at the bottom. It's pretty close. There is no way to know forsure. If you do buy, make sure to diversify. Don't just buy bitcoin. You have to be patient. If you see the prices falling, don't panic sell. It might take a few months to recover. Eventually the cryptocurrencies will be worth more than they are now. I would definitely buy. I think Ethereum is going to have one of the fastest recoveries. I like Ethereum because so many third party platforms are dependent on it. Ethereum has great utility. I don't like bitcoin. It think the fees are too high, and processing times are too slow. I think bitcoin is obsolete, and will be replaced.

Yep sure, I'm not only into bitcoin, on the contrary it's around 5% of my investment.
I have 45 different coins/tokens, and I'm globally around 400%

Check out my article. I think there are many similarities to the great stock market crash of 2008. The point i'm trying to make is that the stock market is one of the first things to recover during a recession. Extreme dips don't last for long, so you only have a short amount of time to buy.

https://steemit.com/bitcoin/@remotediscovery/stop-panic-selling-it-s-time-to-be-patient

Yep, I'm agree with you.
I have read (and upvote) your article

Great to see you back once again :D
and i think we are off to new highs once again or this trend can stay for long but hodl on

Thank you! Hope to be more present in future ;)

for sure is the perfect moment to buy, what arayou wait?