boserobot
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May 24, 2018, 05:47:55 PM |
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It is good. It helps me to buy more coins. If you believe the project and think long term, corrections are really nice.
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gurunanakji777
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May 24, 2018, 05:51:53 PM |
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This is the best time for any investor or trader to come into crypto market after crash market is in correction phase and we have probably more chance to get good profit by buying some good potential coins at this time. I am hoping another aggressive bullish move after correction phase.
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artisarr
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May 24, 2018, 05:52:58 PM |
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It's good. Because if the crypto prices rise too much then it might fall too much too. Thus it's good that there's market correction. Also the market correction might be a reason that attract new investors in cryptocurrency.
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Loran Lann
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May 24, 2018, 06:05:43 PM |
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The market is now in complete uncertainty, the Consensus confirmed it. There are ideas, but how to implement it is a question. It seems to me now any awkward movement can send at least down, though upwards with an equal share of probability. It is now unknown whether the last month of May, when bitcoin is below $ 10 thousand, as stated earlier, I'm beginning to doubt.
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 much gain
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BrentMack
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May 24, 2018, 09:25:50 PM |
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We need market corrections if we have any hope of the market going into another bull run, if the market does not correct itself first then any recovery that we see will never last and will always fall back down in not time. Once the market properly corrects itself then we can start hoping for the next bull market to happen.
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Ania Alison
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May 24, 2018, 09:34:24 PM |
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Correction is a part of the gradual development of a market. And it can be useful for many reasons - you can buy buying more on low prices or some scam projects will disappear.
Correction will always happen, on this and earn experienced investors. I think we need to change our strategy. ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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Israel712
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May 24, 2018, 10:45:48 PM |
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Market corrections are usually an opportunity to take position for a day trader, therefore an advantage depending on ones strategy.
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anavir
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May 24, 2018, 10:56:49 PM |
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for me yes,because it enable us to invest more.It gives as the change to buy because the price is lowered but you have to be wise too in selling.Be patient to hold until it recover to earned good profit.
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Pytbo
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June 05, 2018, 12:39:54 PM |
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Market corrections are usually an opportunity to take position for a day trader, therefore an advantage depending on ones strategy.
In fact, this is speculation. The main plus of market correction is that the market gets rid of inefficient and weak projects.
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SeNeor
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June 05, 2018, 12:43:50 PM |
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To me, market corrections are good in crypto as it gives room for intending investors who have an understanding of crypto to buy at cheaper prices and also experienced traders make a lot of profit because they buy at low price and when the correction is over, the prices of this coin increases and then you make profit by the time you decide to sell.
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Musstang
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June 05, 2018, 12:48:13 PM |
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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 that this strengthens the market by the fact that more stable investors remain, while the weaker ones leave. Ultimately, this should lead to stability
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enlightened
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June 05, 2018, 12:50:14 PM |
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Yeah, these corrections will benefit investors for a lot of profit, no doubts. It`s badly needed by investors who want to invest and determine the best altcoin they should choose. This is a natural and necessary phenomenon, which need not be feared. If market corrections don`t exist then investors will find it difficult to determine the best altcoin.
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cryptomanspbmgdn
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June 06, 2018, 10:46:38 AM |
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volatility is certainly good, but what about people who bought bitcoin for 20 000, hoping also for this volatility, which is no longer half a year. the volatility which is now, I consider it insufficient
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jemine
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June 06, 2018, 10:53:59 AM |
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Yes correction are good. It's what makes the market to be balance.
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imstillthebest
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June 06, 2018, 10:54:15 AM |
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volatility is certainly good, but what about people who bought bitcoin for 20 000, hoping also for this volatility, which is no longer half a year. the volatility which is now, I consider it insufficient
but what about people who bought bitcoin for 20 000 ?
That depends on them . If they sell their coins at a low price then they know that they can loose but if they have a patience to wait, then they are just fine. Market corrections is quite different from volatility because a market correction does not happens all the time but both of them are still beneficial because we can be able to afford cryptos at a much cheaper rate when these two events will occur and most importantly , we can also be able to earn a profit because of them. Market corection are good as long as we are not impatient . Market crash is also even better because they create a huge dip on the prices of cryptos.
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100kk
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June 06, 2018, 11:07:16 AM |
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Yes, for the crypto market as a whole, this is a good "cleaning". But if you take a particular person (an unskilled investor) who lost his money, then this is a big problem for him...
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Budugbass
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June 06, 2018, 12:07:37 PM |
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That's right, smart investors will think that the current market conditions become another way to earn money. Cryptocurrency is not just about investing with a certain period of time, for example by utilizing market conditions for daytrading, maybe we can get additional benefits because this condition is more predictable.
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nambunamba
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June 06, 2018, 12:17:00 PM |
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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. yes opportunity in market crash is indeed profitable. Its good for day trading traders. I think this slow grow and market correction is good cause atleast market not pump and dump like last december. i believe slow grow is make cryptocurrency became more solid and more good for investment.
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jhowww
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June 06, 2018, 12:18:23 PM |
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You are right, I like market corrections because they give us the opportunity to buy as the prices dips. it also separates the men from the boys!
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the_dump1
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June 06, 2018, 12:21:06 PM |
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I agree with the author of the post! This period will really allow only strong traders and investors to stay in the game! A rich investor is a patient investor!
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