If we saw a sudden increase in prices after such sharp drops, we could talk about a correction. At the moment, we are observing a continuing downward trend with slight increases. Unless there is a sharp change in trend, the downturns can last for a long time. Even as in 2018, for several months.
I also thought so, but from what has been seen in January 2022, I am even more optimistic that this year there will be more increases than decreases and this certainly will not be nearly the same as what happened in 2018.
Price increases for now is so difficult, market conditions impose all coins corrected until now, there are no signs of trend changes in a better direction for now, this condition is almost the same as 2018, where the market correction cannot recover the total Fast time, be careful in making an investment pattern now, if the chosen coin is not in the top conditions.
I always look at the top coins to own and invest in and it's very rare to have coins that are in the lower ranks of cryptocurrencies and for a correction issue this does look similar to 2018 but it won't be exactly the same even if a recovery in the near future doesn't just happen.
Those few percentage aren't really hurting but the larger ones. Just as the usual cause of the huge pumps, the momentum is already seen.
It's only a matter of time until we're going to see again that large increases after it's fully or closed for being recovered. And when that comes, make sure that you're prepared.
I am always ready for all conditions that come into the crypto space because I am basically not a new person in the crypto space, since 2013 I have seen various momentums and also various different conditions until now.