Bitcoin correction is an opportunity to buy.

in bitcoin •  7 years ago 

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Bitcoin, the original and gold standard of crypto, had a rough day today in a sharp correction after rising above $3,000 a coin in a fast and furious rise.

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This is the time for the fearless to buy, and have the last laugh later.

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Bitcoin is a long-term bull trend, and corrections are normal.

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  ·  7 years ago (edited)

When the market is down, people say the market "corrects" that means the the masses of the market agree on a price...better, or in some cases, worse. Market correction does not necessarily mean buy or sell, or hold. At least thats what it means to me. If I see an opportunity, in my eyes, I may buy or sell or hold. Whenever a stock or "coin" takes a dive everyone always calls it market correction. Correction, that is the owners of said "stock/coin" telling us its not as valuable as they thought. Get it when its down and get out when its up. Thats the game. I find it hard to call it a correction...I like to think of it as market volatility. And thats the name of the cryptocurrency game!

I can go for that. Ups and downs. I say potato to your potato ;)

You bet, following you, lets ride this crypto pony!

First to the moon, then to mars!

Damn Straight. The way I see it, Crypto is still in infancy. Small buys now can make a huge impact 3, 10, 20 years from now. Who the hell know what its going to do!

Well said!

I was thinking the exact same thing!

Be brave when others are fearful!

words of wisdom!

ty!

But those on coinbase are stucked.

True.

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exactly my thoughts, this is just the beginning, it is going to go way up still

exactly its only gaining traction through the network effect