Market corrections are good

[KingJess]

Market corrections are not just important, they are necessary. Corrections ensure that growth does not inflate out of control, which if left unchecked, could lead to a more extreme correction or even a crash, which makes recovery all the more difficult.

[Isay_Gonzales]

I believe that the correction of the market will end somewhere in the beginning of the new year. I think that something is being used in cryptology. We need to wait a little until the coup.

[belcini]

For many, periodic financial correction becomes the best time to start investing your money, while coin prices remain low enough. Such corrections become a normal phenomenon for any market, you need to be always ready for possible ups and downs.

[mrcastelo]

Market corrections may not be good for others who bought coins at a high price or when the price hits the all time high (during dec2017 to feb 2018) but for me it is a good opportunity to accumulate top coins in coinmarketcap in a very very cheap price.

[jon0008]

The correction in cryptocurrency market gives a second chance to those who did not have time to buy at cheap prices and believes that investing in the cryptocurrency is late and unprofitable. Also, due to volatility, we can successfully trade and profit in the short term on the change in the price of coins

[terible.hunter]

For traders, any volatility is a great opportunity to earn, because now crypto currency has a very serious probability that people will still be able to lose the deposit if they do not work with the stock exchange correctly.

[axiline]

Yes, this time the correction turned out to be quite serious. Many lost patience and sold their coins at a loss. I hope this will all end soon and a new growth cycle will begin.

[yugyug]

Based on the economics of bitcoin mining and its acquisition value the cost of bitcoin to mine is around 6000 to 7000 USD and the miners sell them at a profit of at least 20 percent. So the current market value of bitcoin is between 6000 to 7000ish range so it is still justifiable for the price and there will be no dumping issue of bitcoin price and so the market is good.

[smoker36]

I have always said that certain financial adjustments can be important for the market itself and investors on it. Indeed, in the period of falling prices, there is an excellent time for a profitable purchase of a coin, while the price remains low. And the market itself needs such a correction for recovery.

[MR_Klip]

Experience confirms that many investors make a big profit due to such corrections, periodic ups and downs in the market. In any case, the state of the market is cyclical. Investors need to remember this and remain calm during a period of significant price reduction.

[mstfprcn]

Actually, the price can not constantly go up and therefore after a strong growth the coins go for correction. These are the laws of the market, they always existed.

[MIZANUR5033]

Market correlations are beneficiary for investors who know the market very well. Market drop and corrections can be termed as blessings. There is a best strategy that is buy in low price and hold it when raising sell it with good profit. Corrections are good for any market and that is many crypto currencies traders and investors did not understand.
Corrections are what reset the currencies price and push it to another level upwardly. There have some weak hand traders when market is correction they get panic and sell their coin at that time coin price going at the dips.
Experienced people wait for it they buy more coin at low price and hold it and waiting for better market to make huge profit. Actually, this process eliminates all of the weak hands then the market becomes quite stable. as long as one knows the market and how to trade, who have knowledge about day trade he always prevail and make successful trader.

[priyankg3]

I see these bloodbaths as blessings to some few smart people like me,when the market has crashed it opens good opportunity to make thousands to millions of dollars for few people,buying at the dips when most of the people are selling is the best strategy that i have learned from the past few months,effective asf when the market has recovered you will have what you wanted to have when a market has gone bull run.

[andrej.safronov.1990]

A correction is certainly needed, but I think those who invest in the long term would like to do without it and watch how their investments are growing.

[alex_kir]

Looking at which side you understand what a correction is and why it's good, if you mean further prospects for the development of the market, then this is correct, since the crypto currency showed that they have community interest, so institutional investors can not worry about people's interest.

[namlong]

A correction is certainly needed, but I think those who invest in the long term would like to do without it and watch how their investments are growing.

Correction is an important process in the crypto currency market, but when the correction lasts more than 9 months, people start to strain a little.

[belingbanged]

I strongly agree with this market correction, having a good impact on the market and the community. In this way, it will further specify the choice of the increasing number of coins. We can see more clearly about the coins that are good and right to invest.

[royaljack200]

lol when lambo? JK. I agree this has helped the crypto world community to fix and remove people that are doing more harm than good. It keeps panic investors at bay. Either way the volatility can be used as a weapon to make profit.

[Inikoo]

It is nice to see the positive factors in a bearmarket, but still I think it would be about the time to end, and have a nice bullmarket for a couple of months at least.

[Runbitup]

It is nice to see the positive factors in a bearmarket, but still I think it would be about the time to end, and have a nice bullmarket for a couple of months at least.

sometimes the market is in good and bad condition so we don't need to worry if the market is sluggish. we must be able to take good opportunities in every condition, especially in good conditions, so I think it's better to sell our assets as soon as possible because we can buy them again when the price drops.