Market corrections are good

[Lolox]

The decline in crypto market prices led to a massive correction in the crypto market. Coins that do not have a strong defense and also do not have good skills to continue to grow, then they will lose and will sink. This makes it easier for the community to be able to choose coins that really promise with prospects that can raise their value consistently.

[Leenwar]

Bitcoin has fallen so badly but i believe it will get back to normal even as other smaller cryptocurrency build strength and becomes independent of bitcoin.

[filtyfrank251]

There is no bullrun in the market today and no one can make this market up, some buyers at high prices are now losing money. They never hope high prices will return. any more

[waaat?]

Without corrections market don't exist. Any market financial or crypto has a waves structure. Its's a fact we want or no. And such corrections plays a good role. It allow to add liquidity and rest weak hands from their funds. I think it's necessary

[various]

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.

Do you still think that market corrections are good? The market is getting worse right now. The market has to find the bottom and start to rise. Otherwise, many investors will move in other directions.

[ZEIIMAN]

I completely agree with you. During the bull ran period a lot of people for a quick profit. Now bearish trend in the market will expel such people and bad projects. There will be only loyal, patient and best.

[Febriana98]

One hour ago I saw the market and I saw green in many cryptocurrencies.. I hope this will continue to happen longer, and bullish markets occur in the near future because it's almost the end of the year. 

[bootlace]

What kind of correction do you mean? global after 20k or the one that comes after the last significant down?

[oudekaas]

Yes, you are absolutely right. I'm really happy that bitcoin costs 3400$ and I wish that it will be 2900$. i have a lot of orders on these levels. When the maret is falling smart investors buy all.

[tins]

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.

This correction is already too long, people are tired of waiting, many do not stand the nerves and they sell coins at a disadvantageous price for themselves, but old investors still keep their coins, we all hope that this period is close to completion,

The down trend is just beginning this year, I think it's not long. It is only long for buyers at too high prices, making them increasingly worried about the money they have spent to invest

[ameliana]

Yes, you are absolutely right. I'm really happy that bitcoin costs 3400$ and I wish that it will be 2900$. i have a lot of orders on these levels. When the maret is falling smart investors buy all.

the market does have to undergo correction if not then there will be no cycle rotation and it will make it difficult for us to make a profit. this correction is indeed quite deep and can make people frustrated but i prefer to see the positive side of this decline that we can get coins at cheap prices, and that doesn't happen often so i'm also quite happy with the correction this time.

[VPScreator]

I don't think the market needs to eliminate any investors, but it should eliminate low-quality cryptocurrencies and scams because the cryptocurrency market requires more investors than fraudsters!

agree, investors are the key to making cryptocurrency progress, and scam is making the world of cryptocurrency worse. investors are very much needed for crypto and scams must be destroyed.

I agree, it seems to me that such things are obvious. While fraudulent ICOS and other types of fraud will develop, there will not be many investors, there will not be many investors, the market will not grow.

[ricatop]

I believe that the correction should be taken as an opportunity to buy very cheap coins at very competitive prices.

[Tilim@Tilim]

I think that now the market correction. And the correction will continue until there are new technologies that will help the development of crypto.

[Checkoi]

I believe that only reasonable investors who will not sell their savings as soon as possible should remain on the market

[EL-NIDO]

Market corrections offers a new entry point for new investors. It is also a good strategy to keep Bitcoins for this market situations to buy more quality cheap coins.

[ecnalubma]

I hate people asking “when moon?, when lambo?” On chat rooms, I think its very immature even the projects are newly launched on exchange’s, how can a project push  the price without a product yet? This market correction is necessary to make the investors realize profit does not always come in short term, fear is really the trigger of these sell off’s even some of those people bought at all time high are tempted to sell due to fear of getting zero with their investment.

[sexylady13]

I completely agree with you. During the bull ran period a lot of people for a quick profit. Now bearish trend in the market will expel such people and bad projects. There will be only loyal, patient and best.

You're naive. The bad/good projects ratio is always about 9/1, but now the number of projects has reduced fivefold and the number of participants has brought down by 50-70%. Open the thread and check new ICOs, and you'll see)

[sekop]

I like the correction of this market will reduce the number of coins, where coins are only available for good quality. Coin correction occurs because of the elimination of coins of low quality and not yet ready to compete in the market. The more falling market prices will make them more difficult to survive so that over time they will sink to the bottom of a cliff.

[shillerguy020]

Market corrections offers a new entry point for new investors. It is also a good strategy to keep Bitcoins for this market situations to buy more quality cheap coins.

Without such a strong correction, the chances of the cryptocurrency for the second round of growth would be very small. I think soon we will see the benefit of the fact that the price fell so low.