Topic: Market corrections are good - page 15. (Read 39978 times)
An interesting topic is the correction of the market. How can you correct the market if it all depends not on one person, but on very new people. Depends on sales, on purchases, at what price tokens lose. In short depends on many factors.
I agree with you. Now there is a good movement in the market. Weak companies with no product are leaving the market. Scammers can't work
For some coins, the correction of the market positively affects, because at a drawdown it is possible to buy profitably and wait until the price again will grow in price.
I am not sure that there won't be one more and even deeper dump. Not long ago BTC was near 10k and it was really cheep after being so high in December. But than it was crushed down to 6-7k. So I am waiting for something stable and understandable to predict
there are many possibilities that will occur in crypto, therefore we must be patient to make decisions. I think in this condition only long-term investments are the safest for now, but only for certain coins because there are only a few coins that are very good for the future. not all coins have good potential.
Yes, corrections can be a positive phenomenon for the crypto market.
I am not sure that there won't be one more and even deeper dump. Not long ago BTC was near 10k and it was really cheep after being so high in December. But than it was crushed down to 6-7k. So I am waiting for something stable and understandable to predict
Actually you can make more money when the market gets stuck then when everything goes up, I see this bloodshed as a blessing for some smart people like me, when the market has fallen, it opens up a good opportunity to make thousands to millions of dollars for a few people, buy on the spot down when most. or maybe you can make it in any situation as long as you read the market well.
Corrections in the crypto market give a second chance for those who did not manage to acquire promising tokens at an attractive price, making a reliable investment.
Correction is a symptom of a healthy market. This is the time to collect profits. It usually makes the prices on the market real and creates the opportunity for new investments. Corrections are an important element of financial markets.
The current market corrections are making a better investor, well weeding out the panicky investors that do not do their research. The hype balloon has been pretty deflated lately, making it easier to find legitimate projects to come to the surface. To top it off i don't have to read "when moon! when lambo!" every time i open discord or telegram. I think those are huge benefits.
Market corrections are definitely a good thing. They help the market get back to a good price and make sure that when the prices of the coins are recovering they are coming back stronger. This market and the bear that we are going to be in will be the way that the weak hands are picked out. The real investors are the ones who will remain by then.
I agree with you, the correction is not so bad for strong players and everyone understands this. It is because of the hamsters that the market so much growth and falling in price. The lower the price falls now, the higher and more stable it will be in the future, which will bring even more powerful players to the market!
Market correction is important because it signifies a healthy trend occuring and It can also propel the market into new all time highs once the full cycle is completed, as an investor the best way is to ride the wave and buy little by little as the correction is happening.
Market corrections are the way investors getting their profit. They are patiently waiting for a coin to drop down a bit and then when they see an opportunity to buy then they will buy it. Its easy profit for a good investors. Market corrections are normal now for the market like in bitcoin in nov-dec 2017. It surges up up up and didn't find any consolidation then when the year 2018 comes, that is the time bitcoin need to do some corrections (February lows). It is really good when you still have money that you could use to buy these cheap altcoins,you will be making a lot of money when the market has started to crash and you still have some spare bitcoins to be use to shop these altcoins,usually 30-50% off solid coins are the ones i am targeting to have when bloodbaths happened.
To be able to earn in the market cryptocurrency us and need hanging and lowering the price, because if the price is stable, what can we earn?
I totally agree with you. The electronic money market is unstable, and we can make money from it. It is good if you are out of positions, and decrease like 20-30 % is ok, but now there is a 70% correction. Seems like panic sell, so being in long position , especially in altcoins is hurting me.
Most of people are about to quit
I wouldn't say most people but I would say a lot of people are quitting. It does seem a lot for a correction so there's a place for panic now. Nothing seems to reassure sellers or buyers. Most of people are about to quit
Of course I'm not happy with the correction because for six months I do not make money on cryptocurrency. But I also believe that this correction is only good for the market. Now the price is absolutely all the coins are very cheap and it means that you can buy coins with a very good discount.
The market needs to be balance and what we encounter for the past 6 months is the effect of last year strong bull run and the market had absurd it all to get the investors share of profits. I'm hoping that 6 months is good enough to balance the cryptomarket and return back to green zone.
Noobs who don't know how to trade with technical analysis, most of the time the new folks which are buying anything that is in hype I cannot blame these people because being new to cryptocurrency thing would give you so much joy and you will buy any of these coins without any proper reference or information why did you invest in these coins.
The bloody market will always be an excellent opportunity for some or a few people who are buying from the dips because they could make an easy money
Last year there was a very strong growth in the market of crypto-currencies. There is no infinite growth. This correction was expected. Now we have the opportunity to buy many Altcoins cheaply.
The back and forth movement grandstand cures are enhancing a money related expert, well disposing of the panicky theorists that don't do their examination. The advancement grow has been altogether leveled as of late, making it less requesting to find true blue undertakings to ascend to the best. To complete it off I don't have to examine "when moon! at whatever point lambo!" each time I open clash or message. I think those are titanic focal points.
But it does not fit with blockchain technology where users can connect freely and directly together.
A mass market will create good chance to invest and also to earn.
A mass market will create good chance to invest and also to earn.
It makes sense too that a correction can bring goodness to those who invest on that crypto because it means the team behind that crypto is doing something to improve its product for it to be able to suit the needs of the people. So if one of my crypto assets are in a correction stage, that'll be fine for me at least i know i am keeping a very good crypto.
Indeed, market corrections are good. Not only good, they are natural and necessary for a sustainable growth. However, current correction seems to be too big, even though corresponding to the previous crazy growth and not exceptional comparing to previous corrections in crypto. But such huge correction can scare new investors and postpone the mainstream adoption.
I see these bloodbaths as favors to somewhere in the range of few shrewd individuals like me,when the market has slammed it opens great chance to make thousands to a large number of dollars for few people,buying at the plunges when the majority of the general population are offering is the best procedure that I have gained from the previous couple of months,effective asf when the market has recouped you will have what you needed to have when a market has gone bull run.
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