It's not the first time when XEM from overvalued goes to undervalued basket.
Deep correction is good longterm. Some whales will do proper accumulation and after that will pump XEM to new ATHs. I cant promise that will be soon, many depends on whole cryptomarket mood (and godfather Bitcoin mood too). Better to say "somewhere in future"
https://www.tradingview.com/chart/XEMUSD/SsnWzu8f-Bigger-drop-of-BTCUSD/
https://www.tradingview.com/chart/XEMUSD/y5bg4LLb-Downtrend-is-clear-here/
For now i opt for around 20cents as a attractive dip to accumulate, but dumps to 10cents are of course welcome too. It's wealth transfer from weak hands to strong hands. It's life (someone says "jungle" huh).
I trust in XEM longterm. My longterm vision is unchanged:
https://www.tradingview.com/chart/XEMUSD/Bnf7Oxmk-Longterm-NEM-XEM-view/
Oh, I really hope we're past dumps down to ten cents! But other than that, I totally agree with you I just might sell some if the whales pump it to disproportionate heights again, because perhaps I could buy it all back much cheaper... Trading... so not my forte!
I hope we're not, that'd be a huge opportunity to load up on some more XEM!