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Author Topic: Market corrections are good  (Read 39947 times)
Armstand
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March 11, 2018, 09:50:42 PM
 #21

the low price on the ICOs is not as a result of bad research, it is just all over and affected by the big gun bitcoin and ethereum. One can only judge when the value of bitcoin and ethereum rises later and the ICOs are not affect positively. I believe if the ICO are doing the needful to improve the product and volume of trade they will always keep up in maintain the coin price
Even some projects were still adjusting i their prices due to this correctin, thou it will be for the projects benefit that's why we need to be updated on the coins were holding if the team working for it to be good.
coremind (OP)
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March 11, 2018, 09:57:47 PM
 #22

Yeah it is good, it stops when moon things. But whats happening in the last 3-4 moths is beyond correction of course, its such a loss -.-

I don't see it as beyond correction, just look at the historical data most coins are still well above last year at this time. 4th quarter last year was crazy and was way beyond anything that was healthy. Then stack in that 1st quarter is always a bear market, new investors getting scared because everything is coming down, not to mention the various large FUD that went on so far etc. Now where see more settled prices
CrazyJoker
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March 11, 2018, 09:58:10 PM
 #23

Hah Cheesy I hear so much panic world everywhere about current situation! Some people are too nervous to be good investors. Patience is the best characteristic for experienced investor!
cryptodagger
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March 11, 2018, 10:03:54 PM
 #24

Of course it opens a new opportunity to avail those solid coins in cheaper prices,because if the market has recovered again and you bought from the dips you will make a lot of money that you can ever imagine,this is the best time to get those solid coins because surely these coins will get recover faster than these bunch of shitcoins.

AVAMONEY
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March 11, 2018, 10:10:18 PM
Last edit: March 13, 2018, 05:37:01 PM by AVAMONEY
 #25

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 you can make much more money when the market crashes than when everything is going up, or perhaps yuo can make it in any situation as long as you read the market well.
Same as other point, market need correction. With this kind of situation some people seek good opportunities to making more some money with buying more coins when cheap price. I will not recognize panic selling, but sometime we need to take correct decisions at correct time. This not big crash, it's kind of correction, so be wise with your asset and ready for short-term investment or long-term.
mautenisis
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March 11, 2018, 10:16:23 PM
 #26

Of course it is ,bloodbaths means cheaper coins in the market because most of the people are selling their coins in panic,few people like me would see this a very good opportunity to get those solid coins so that if the market has recovered you will gain good amounts of money real quick.I have been doing this technique without any problems just take a look at the T.A and you will be fine.

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pedropendukot
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March 11, 2018, 10:20:03 PM
 #27

Corrections are normal,and this is the only time i am doing altcoin shopping because it could give me a lot of gains which i am not able to get when the market is too volatile,or the market is too stable,less coin movements wont give you good gains but buying from the dips when most of the people are scared is a good strategy.

iigor
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March 11, 2018, 10:24:47 PM
 #28

I agree that corrections are good for business. I believe everybody with some sense agree that corrections are good for the whole market.

pooque
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March 11, 2018, 10:25:49 PM
 #29

It is very good indeed,because you can avail more cheaper altcoins than their usual prices and it could be a good opportunity to get big gains after the market has recovered,i have been buying from these dips and successfully getting a lot when the market has recovered,thinking the opposite would be very effective especially when everyone is too scared to get these coins.

setifien19
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March 11, 2018, 10:30:35 PM
 #30

Quote
Market corrections are good
Absolutely they are propitious opportunities where investors can enter with a suitable financial status, I mean , the possibility to get target profit margin is really high, so yes corrections are the most reproductive occasions that we can take advantage of them
mazdafunsun
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March 11, 2018, 10:30:40 PM
 #31

any correction is an opportunity to get some more cash (read: go shopping for some coin). an similar as in gambling - you should feel when to sell

modtakels
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March 11, 2018, 10:37:12 PM
 #32

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,then bloodbath like this,these coins are bleeding too much and that makes a good opportunity to buy these coins and after the market has recovered we will make a lot of money out from these bloodbaths.

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March 11, 2018, 10:39:52 PM
 #33

Yes it is good to have bloodbaths,because we can avail all those coins which are too expensive when the market is normal,these bloodbaths are good opportunity to get those coins below their normal prices,and it will give us so much gains when the market has finally get recovered.Doing so will give you chance to get more profits than you can get when you are trading in a normal market movements.

cryptomarijuana
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March 11, 2018, 10:48:52 PM
 #34

Why not good? these bloodbaths are good opportunity to get into these altcoins especially when you see these coins are below their usual prices,you will get a lot of gains when you bought these solid coins from the dip and after the market has fully recovered their prices will be twice or ateast higher than your buying price.

alexeylom
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March 11, 2018, 10:50:44 PM
 #35

Totally agree with you, the current correction could survive only persistent and investor confidence, and those who is afraid of losing every penny dropped out, and the fear of losing a cent, lost tens, or even hundreds of Dolar.
boy130
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March 11, 2018, 10:52:39 PM
 #36

Everyone says that the corrections weed out all of the weak hands, and yet there always seems to be weak hands every time the market corrects. So really there is no benefit, as the price corrects, weak hands drop out, price goes back up and new weak hands buy back in, price drops and these weak hands sell at a loss. The cycle then repeats ad infinitum. I think it will take a long time before this process actually eliminates all of the weak hands, if it ever does.
bounceback
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March 11, 2018, 10:55:24 PM
 #37

With a considerable correction this time it is very appropriate for us to make buyback for many coins, and for the problem when going to the moon of course all depends on the existing commodities, I am just a small investor with a decrease like this to be a distinct advantage for me to get profit every day because the price is always up and down so quickly.

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abduljacklu
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March 11, 2018, 10:57:41 PM
 #38

Corrections will always be a good thing especially when you know what you are doing,gives so much opportunity than trading in a normal market.You can buy cheaper altcoins than their usual prices,and it could give you so much gain because if you buy some altcoins that are down -40% if the marker has recovered that is your initial gains and it could be more when the coin goes bull.

johnyespapa
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March 11, 2018, 11:07:30 PM
 #39

Yes it is,i am one of those people who are getting more solid coins when bloodbaths has happened,and i can assure you will be making a lot of money when you bought from these dips and sold it right after the market has recovered giving you more gains than trading in a normal scenario in the market.This is why i am constantly making money while others are losing ,doing the opposite sometime are really good.

cryptosifu
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March 11, 2018, 11:09:46 PM
 #40

Market corrections are good for those who still have funds available to purchase.  It is always a good idea to keep Bitcoins in your portfolio for this exact reason.  It's painful to watch the market correct and you don't have any money left to buy up the cheap cryptocurrencies. 
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