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Topic: Market corrections are good - page 36. (Read 40001 times)

newbie
Activity: 202
Merit: 0
May 04, 2018, 10:07:21 AM
As for me,i like it because we could get a lot of cheaper altcoins when the corrections has occured,sell of upto half of the discounts from the solid coins is really a good thing and it bring income when market rise again.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
May 04, 2018, 01:12:34 PM
Market corrections are healthy in trading. It is required before the next bull run.
sr. member
Activity: 420
Merit: 250
May 04, 2018, 01:03:54 PM
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.

I think it preparation for recovery of the market up therefore it is the last weeks to buy in addition if there was finance, has to be good pamp in the summer.
member
Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
May 04, 2018, 12:41:49 PM
Market corrections may not be pleasant from an emotional perspective, although these events are actually good for the market. But I think this is more than just a market correction, although it seems like everything will improve in the near future.

if the range of correction is not too long then it will not produce new sentiments, actually useful to balance the whole ecosystem because there is always a green and red. But the prevailing trend is that if the correction looks stagnant and tends to continue to fall then the level of panic will increase and this becomes a risk for every trader.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 04, 2018, 12:38:23 PM
before involved in crypto world we have to realize that corrections market will always be happened after the price jumping rapidly and not being panic from those situations are good because this is good opportunities to buy more and wait after the price jumping again but unfortunately only some people can't able to considering corrections market as good time to takes benefits
member
Activity: 222
Merit: 10
May 04, 2018, 11:57:46 AM
Market corrections may not be pleasant from an emotional perspective, although these events are actually good for the market. But I think this is more than just a market correction, although it seems like everything will improve in the near future.
full member
Activity: 266
Merit: 101
The Experience Layer of the Decentralized Internet
May 04, 2018, 10:10:21 AM
Of course it is good, you cant just expect the bull to continue taking control forever. Correction means it gives the bull to recharge and gives his best for next all time high Grin
Ups and downs are part of the market nothing to worry. Trust in bitcoin is still good, no chance for it to fall for no reason
member
Activity: 238
Merit: 10
May 04, 2018, 10:00:53 AM
That’s the basic principle of trading in crypto currencies. Always buy low and sell high. The best strategy is to buy in parts with the market is crashing and people are selling, and then sell sell in parts with the market is recovering/rising and people are buying and pouring in money. I really loved these bloodbaths because i could easily purchase these solid coins in the top coinmarketcap ,usually these are vert expensive coins that doesnt have good movements when the market is too stabilized
member
Activity: 294
Merit: 10
May 04, 2018, 09:57:41 AM
I personally dont like to buy any financial tool in case of strong bull market and it is logical to expect downtrend/correction to enter position. Corrections happen after every uptrend and crowd will decide to continue the bull run or to go more deeper on price charts. Thinking the same,market corrections are very good time to get those solid altcoins that you cannot buy because they are too expensive to get when the market is stabilize
member
Activity: 224
Merit: 10
May 04, 2018, 09:57:31 AM
High volatility of the crypto currency is used very well by trailers, playing on lowering and raising the price of the crypto currency. Therefore, in this respect, the crypto-currency market is much more interesting than the stock market. The high amplitude of price fluctuations is the main factor to the financial success of each trailer trading on the stock exchange. This may be a little bit funny but this is definitely true. A correction in the market, especially a hard one, will really tell us who the strong hands are and who owns the weaker hands
newbie
Activity: 15
Merit: 0
May 04, 2018, 08:48:27 AM
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.
member
Activity: 364
Merit: 10
May 03, 2018, 10:48:37 PM
The volatility of the crypto currency is its huge drawback and at the same time a huge advantage over the ordinary currency. For those who study this market and can predict its trends - this is a good opportunity to earn. Therefore trading on the exchange kriptovalyut always brought a good profit for experienced traders. High volatility also helps investors, if for some reason they did not manage to invest in the coin or token they liked, and it has risen very much in price. To do this, you just need to wait for her next fall, which periodically occurs.

If it takes longer than expected, I think you do not have to sell what you have. And I think the only and the most important in such a market situation is not panic. Keep your assets for profit next month
hero member
Activity: 1064
Merit: 500
May 02, 2018, 12:25:04 PM
Yeah market corrections are really good, it is a time for experienced people to get some altcoins for a cheap prices and for weak hands to panic and sell off.Market correction have made so many people rich and will continue to make more people rich and i wish to be one of them.

From this point of view, the correction of the crypto market is really something very useful. However, I do not think that the latest bloodbath was the correction. I am waiting for the best times now.
member
Activity: 336
Merit: 10
May 01, 2018, 03:35:34 PM
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.

Actually, when the market is on hype, some of the people are also investing a huge amount without a decent knowledge and that is the reason why they lose a huge amount of profit, because they are not really studying the system or reading different articles.
newbie
Activity: 90
Merit: 0
May 01, 2018, 03:34:17 PM
its bargain selling when these bloodbaths are happened that is why people who are smart will buy more coins within bloodbaths so that they will get instant gains after the market has recovered from the bloody market corrections.
Selling coins with no value or small value shouldn't affect the market much. If you sell the coins while noting that the coin is not going to go anywhere then I would say that the coin to safe to sell.
full member
Activity: 336
Merit: 100
May 01, 2018, 03:23:54 PM
Yes of course it makes our market cycles more healthy,it opens some doors for the few smart people who would buy these cheap altcoins from the dip giving them thousands of dollars in return,reward from taking risk to buy from the bloody market.I have been doing this method and its very profitable o always spare some bitcoins in my hard wallet so that if the bloodbath happens i can buy these cheap altcoins, It's so easy with all this panic seller
sr. member
Activity: 1078
Merit: 256
May 01, 2018, 10:40:52 AM
I agree and in fact I have allocated a portion of my savings for crypto waiting for crashes.. when a big dump arrive then I enter partially dividing the entrance in at least 1 week and then hold.. this strategy has given my good results till today...
If taken some time to read and understand the flow, then this strategy really works, dealing with good assessment and knowing when to place an entry
is a great practice, anticipating crashed and simply buy those dumped good coins and wait till the market recovers, sell some coins again and allow some
portions to grow while the money that you earned will be invested again to another coins, just keep reading and never stop learning from previous situations,
make yourself comfortable with any movements inside the business.
full member
Activity: 392
Merit: 100
May 01, 2018, 10:18:56 AM
Do not be afraid of correction. You must remain calm in order to continue to work in accordance with a pre-designed strategy. Correction can become an ally.
member
Activity: 152
Merit: 10
May 01, 2018, 10:13:02 AM
usually, market correction helps to clear up unnecessary coins and to correct the grounds for further growth. Personally for me the correction in the market is a chance to buy coins on the cheap.
sr. member
Activity: 644
Merit: 250
May 01, 2018, 10:05:51 AM
Exactly, market correction is good it will weed out those that just jumped into it in the name of getting rich quick. And that is why they dump and panic sell they don't understand what cryptocurrency entails.
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