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What is the difference between the term, Bitcoin Crash and Bitcoin Correction?

Whenever there is a trend like an upturned there is normally Lows which indicates people taking profits but whenever there is a crash then the lows are very rigorous.
 
Whenever there is a trend like an upturned there is normally Lows which indicates people taking profits but whenever there is a crash then the lows are very rigorous.
I agree. From my point of view, when the dip is more than 30%, then, that is a crash while less than that could still be considered a correction in the crypto markets.
 
I don't quite know this but thanks to this thread. The word correction has to do when a value of something receives a bit if shortfall and it's trying to gain momentum while crash is excessive decline of something or value. I hope this explanation helps!
 
Like the words, Bitcoin crash is when there is an outhmost fall in the price of Bitcoin which always results in a number of investors loosing money.
Correction is a little change in the market price, this correction is not always bad and it's doesn't really affect the price much and it doesn't last too long like the crash
 
Bitcoins correction can actually happen within a short period of time and it's always a gradual downtrend of cryptocurrencies price but crushing can be a sharp and serious drop in the price of cryptocurrency because of one reason or the other.
 
Despite the fact that the crypto space is hugely unregulated that doesn't stop fundamentals from determining the price. Every project has fundamentals that is factored into the price. When the price of a particular coin is soaring way higher than what those fundamental metrics suggest a time will come when the price will drop back to the level in line with what the metrics predict. That is correction.
 
Cryptocurrency always comes with its own risk, their is fundamentals guiding it, we should be cautious about it's fluctuations. Their is time of correction after bullish or bearish.
 
A crash is widely regarded in traditional finance as an over-10% drop in price over the course of a single day.These are often fueled by impactful, sudden changes in the crypto market that cause panicked investors to exit en masse.
WHILE
A correction is characterized by a gradual decline where prices drop more than 10% over the course of several days. These usually indicate bullish traders have become exhausted and need time to consolidate and recover.
 
It is easy to understand when we say that there is a crash time is the six significant drop in the price of a coin and when we say that there is correction that means a slight drop in the price of a coin that has rising significantly and beyond imagination of the holders.
 
There is no much different I guess, because what is the essence of you having bitcoin and you are not trading it,so is either you don't want to make more profit thats is why you are not trading it. So you have a bitcoin you could keep it in your wallet for many days without trading but it's not going to make any profit why leaving it inside wallet doing nothing I guess.
 
Often, novice crypto investors like me think that Bitcoin crashes and corrections mean the same thing, namely the decline in the price of Bitcoin, but according to many people crashes and corrections are different, can you explain the difference between Bitcoin crash and Bitcoin correction?
Bitcoin crash is something that's very self explanatory with the word crash, it means that the value of the coin is crashing and going down.
 
I will be also glad to learn this techniques. Bitcoin crash and Bitcoin are a form of cryto market strategies which involves dipping of Bitcoin and might likely affect other altcoins.
 
Both actually tells when the price is coming down but the bitcoin correction is a situation that will eventually lead to a rise in price of the coin and It is temporary. Bitcoin crash will lead to dip and it can go on for months
 
The difference between bitcoin crash and Bitcoin correction is that diminish value of bitcoin why correction is the improvement and the growth of bitcoin to a greater height
 
I am not too familiar with all these crypto terms too but I believe that this platform is a very good place to get some knowledge about anything while earning some bucks. And some answers are already given above. I will also do my personal findings to confirm the solutions given here. Thanks for sharing.
I have only witnessed the Cryptocurrency Bitcoin crash only twice and on both two occasions it never worked out well for the investors in the coin. Coin crash is never good.
 
Bitcoin crashes should be feared at all times. It is similar to an accident in a real life. Still, there is a possibility that the coin will rise in the future as the price will go down. The correction is just temporary. It will continue after some points.
 
When the price of bitcoin crash the market will be facing a little bearish at that moment and the market will not look good, that is nature of digital currency the price will go up and down.
 
whenever there is a slight drop in the price of Bitcoin which occurs shortly and the coin is able to recover that will say that it's a correction or when there is a drastic drop in it value then it a crash.
 
The two term are used ehr the price of bitcoins go down. While one is used if the price is not much, the other is used when the price goes down much.
That's it, Bitcoin crash is the gradually dropping down of btc in price while the other is the full dropping of Bitcoin in price.
 
Bitcoin cash is just a cryptocurrency on its own build on it own blockchain, but I don't really know it usefulness in the crypto system except for the fact that it was meant for easier transaction and it is possible for you to carry out easier transaction with a very low transaction fee, I used it when trying to avoid high transaction fee.
 

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