Bitcoin correction! (Separating men from the boys)
The amount of panic and absurd reactions I have been seeing and hearing from people is just unbelievable from a simply and imminent correction.
People must remember this is apart of the trading game, what goes up must come down!..... "a law of physics", it's also a law in the market, nothing can just keep rising, we have over buying and over selling all the time, the market payed out well for 2 months now its taking back it's money simple. The key in these situations is to hold your bags full and dont trade or act on emotion.
Situations like this really bring out who the real traders are and who the fake "noobs" are in the market, this is a typically situation separating the boys from the men.
Bitcoin controlling the whole market at the moment with all alts behind it dropping like a sack of potatoes indicate it is a great time to buy alts AND BTC instead of panicking and pulling your well earned and big $$$$$ potential cash out.
according to a TA my close friend has done we can see a flip zone around 8kUSD we should see a drop to 8k then a very quick and powerful move up towards the moon. Expect bitcoin to hit 50k by the end of 2018.
stay safe people and stop making decisions upon emotion relax.
Good things come to those who wait!
That's a very true statement my friend as cheesy as people may think it sounds its very true, that mentality truly gifts you with success in this game.
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