crypto correction 2018

in #crypto7 years ago

 

So, a correction was bound to happen sooner or later. The  massive gains we saw had to retrace one way or another and the katalist  is the uncertainty in the Asia region. We hear a lot of ‘they want,  they might, they think about’ and of course it is no secret China has  taken a regulatory stance towards crypto. As with the previous closing  of exchanges and prohibition of ICO activities in China, I see these  developments more as a good thing than a bad one and I’m confident once  the market snaps out of its uncertainty or agrees on new valuations, we  will see new all time highs within a month.

All  in all, this is the time you use to buy more crypto with fiat. This is  nót the time to sell your coins. You generally never sell for a loss in  crypto unless you invested in a coin with weak fundamentals for a quick  flip. So, add, accumulate and hold. We might see a couple more days like  these or even two more weeks of it until the end of January. I then see  BTC recover pretty quickly to $17,000 and somewhere mid February  testing 20,000 again

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