There have been a lot of talks about market highs and
possibility of a market correction.
Not exact matches
The recent rally
of the Bitcoin price to $ 3,000 paused with inevitable
corrections that led cryptocurrency experts to again speak about the
possibility that other cryptocurrencies, or altcoins, will soon take the lead on the digital currency
markets.
On the other hand, if there's just been a major
correction, it might be a good strategy, but there's always the
possibility that the
correction ushered in a recession and the beginning
of a protracted bear
market.
As always, the key to a smart real estate buy, particularly in a hotter
market, is to find a neighbourhood that can withstand a potential
correction and offers the
possibility of future growth.
And while a big
correction isn't outside the realm
of possibilities and the bubble mindset is indeed attached to the current Bitcoin
market, BTC is far away from being a risk to the global financial system.
If you saw that there was a very high
possibility of a major
market correction five years from now, how would you structure your finances to weather the storm?
Even if the US is headed for greater things, it doesn't preclude the
possibility of a major
market correction in housing.