How btc price correction make things right. And what you should be aware of.

[Cryptoababe]

Apart from new traders loosing funds, which many don't like about trading with btc. The btc price correction makes things right by opening the ass of old scam projects that were able to make thier token price reach a high level due to the previous bull run. Now, most of these scam project are claiming that the price of thier coin or token is currently in the deep and its be best time to buy.  
What I know is, If anyone buy any shit coin or token in the deep, you are digging more hole for it to go deeper. Beware of coins or token price that fell more than expectation. The best decision is to buy btc, eth or any other top cryptocurrencies. These coins have been here for long and surviving trough different kinds of issues.
The real fact is everything in cryptocurrency is currently in the deep. Very deep.
There are a lot more to come. So, stick to the right ones so that you will not cry later.
Also, I will love to see people talk about Legit and good cryptocurrency projects to invest in under this thread.
Thank you.

[batang_bitcoin]

Bitcoin and Ethereum aren't in the deep but we can say that cryptocurrencies are highly volatile if someone wants to make his investments out of it, except the stable coins that don't move on the price of $1.
Along with the rise of bitcoin, there will projects that will come out of their graves and will start to see pumps again trying to prey emotional investors. Those that are looking for quick profits and they are the ones that are being targeted because they are gullible for those tokens.

[Mahanton]

Apart from new traders loosing funds, which many don't like about trading with btc. The btc price correction makes things right by opening the ass of old scam projects that were able to make thier token price reach a high level due to the previous bull run. Now, most of these scam project are claiming that the price of thier coin or token is currently in the deep and its be best time to buy.  
What I know is, If anyone buy any shit coin or token in the deep, you are digging more hole for it to go deeper. Beware of coins or token price that fell more than expectation. The best decision is to buy btc, eth or any other top cryptocurrencies. These coins have been here for long and surviving trough different kinds of issues.
The real fact is everything in cryptocurrency is currently in the deep. Very deep.
There are a lot more to come. So, stick to the right ones so that you will not cry later.
Also, I will love to see people talk about Legit and good cryptocurrency projects to invest in under this thread.
Thank you.

You cant stop people not to buy those shit tokens that almost had no value yet to believe that it still undervalued and if they do decide to buy it then thats the time they do hope
that it would really be pumped out soon when them market tends to turn into bullish run. Honestly speaking there are indeed coins which can really shoot up its price in thousand
multipliers which are mostly the most shittiest one and make someone do hell of a rich guy if that happen.Chances for that kind of hit? Then its really much more lesser compared if you do just
consider on putting up your money into those top altcoins.,However, i do fully disagree with those kind of lines when it comes to some safe bets.

[pooya87]

bitcoin price moves won't change anything about the scam projects and their pump and dump attempts. if anything the price rise brings in more newbies which practically increases the number of victims these scam projects can have so they can have a higher chance of pumping their shitcoin by selling it to the unaware newcomers and pocket the money.
after all this is basically what happened during 2017 and all the ICO tokens that are mostly dead by now.

[Cryptoababe]

Bitcoin and Ethereum aren't in the deep but we can say that cryptocurrencies are highly volatile if someone wants to make his investments out of it, except the stable coins that don't move on the price of $1.
Along with the rise of bitcoin, there will projects that will come out of their graves and will start to see pumps again trying to prey emotional investors. Those that are looking for quick profits and they are the ones that are being targeted because they are gullible for those tokens.

Hmm.. Thank you.. So many Coins came of thier grave recently due to recent pumps of btc.. Trying to prey the emotional investors.. You are right.

[Cryptoababe]

bitcoin price moves won't change anything about the scam projects and their pump and dump attempts. if anything the price rise brings in more newbies which practically increases the number of victims these scam projects can have so they can have a higher chance of pumping their shitcoin by selling it to the unaware newcomers and pocket the money.
after all this is basically what happened during 2017 and all the ICO tokens that are mostly dead by now.

I fell into a lot of traps during 2017 and 2018. I sent many eth to different address to get shit coins. Which their price temporarily move up and now.. Its 0.
Im imagining if someone is just buying some of those shit tokens now.

[so98nn]

In the current bull run point of view all those scam projects doesn't really matter. If anyone is smart here then they should blindly go for the BTC alone who is making the historical move one more time after the 2017's ATH.

However, also we must keep in mind that this bull run is gonna make huge correction in couple of days due to it's ability to re-run the market capitalisation correction. Due to this, one can get rightest opportunity to enter into the market. I would suggest to keep our fiat ready on the exchanger and hit the market as soon as it goes down.

That's the tradition one must follow and keep the assets managed step by step.

[davinchi]

I agree that if you want to have some sort of increase of your portfolio and wealth, the best coins to buy are the top rated ones, and not just in rankings but also in peoples mind as well.

As you can see in top 10 coins there are few that doesn't get any hate from people, bitcoin is loved, ethereum is loved, bnb is either loved but if not it is definitely used a lot, these are all coins that you could have without having any worry about it at all, there are of course some other coins that you could invest like that in the top 50 as well, if you go lower you could find decent coins that people do not have any hate towards. So, what you should do is find coins that is highly ranked and not very low in volume but also find the ones that doesn't get too much hate at the same time.

[samcrypto]

Bitcoin is not cheap as of posting, we saw its pumping in the past days but of course expect a correction along the road and let's hope that there's no major correction that will break the momentum of bitcoin. We should do right now is to know your target price to buy and sell and if already have profit then its fine to take profit of course but always buy back and this is how you maximize the market and small profit is still a big help, know your priority either to just hold or trade wisely.

[Periodik]

Just invest in the major coins. You can't go wrong with the likes of BTC, XMR, LTC , and ETH for example.

Don't be afraid of corrections. They always happen and normally after a nice rally. They could always be used to your advantage. That's buying days for all of us. Just don't allow yourself to get carried away by emotions seeing red candles.

[Wapfika]

Just invest in the major coins. You can't go wrong with the likes of BTC, XMR, LTC , and ETH for example.

Don't be afraid of corrections. They always happen and normally after a nice rally. They could always be used to your advantage. That's buying days for all of us. Just don't allow yourself to get carried away by emotions seeing red candles.

Price correction is needed by the people who wants to enter the market at lower price as well to avoid too much crash in the market when the price went too high. We should be aware of that some point when the price arises it will sure to fall down so we must monitor it properly when we know that the price we're getting higher so once it shows some start of low points we will be able to withdraw and get some profit.

[wxxyrqa]

Bitcoin is not cheap as of posting, we saw its pumping in the past days but of course expect a correction along the road and let's hope that there's no major correction that will break the momentum of bitcoin. We should do right now is to know your target price to buy and sell and if already have profit then its fine to take profit of course but always buy back and this is how you maximize the market and small profit is still a big help, know your priority either to just hold or trade wisely.

We have already crossed the Accumulation Zone in the format of an ascending price channel and crossed such a high psychological resistance level of $ 15,000. And at this period, the moment comes when traders want to fix their profits, which can provoke local sales. But I hope that this does not happen, since each of us has a higher framework to achieve.

[dothebeats]

Most scam projects don't really make it on par with bitcoin's price rise, similar to what's happening right now. For most instances of bitcoin having a good time for price increase, scam projects can't easily capitalize on the success of bitcoin as they need to get themselves off the ground first and paint a good chart on the markets, else, people won't ride them and would just stick to bitcoin instead. Still, this doesn't stop some people from buying in on these obscure coins and try to make some money, even if all the red flags are present they would still risk it and dig in.

Price trends on cryptocurrencies have changed a lot through the years, and most cryptocurrencies don't correlate or follow bitcoin's price movements anymore. People think that diversity from bitcoin's shadow is a 'good indication' that some cryptocurrencies are maturing, hence making them a viable investment to make some money. In reality, it's the opposite, and most people will be left holding bags while the market makers have already cashed out and are already preparing to make some more money on other scam projects that they might create.

Diversifying assets is still a good strategy in making money today, though don't stray too much from the horde and experiment with shitty coin with shitty markets and you'll be fine.

[nelson4lov]

Most scam projects don't really make it on par with bitcoin's price rise, similar to what's happening right now. For most instances of bitcoin having a good time for price increase, scam projects can't easily capitalize on the success of bitcoin as they need to get themselves off the ground first and paint a good chart on the markets, else, people won't ride them and would just stick to bitcoin instead. Still, this doesn't stop some people from buying in on these obscure coins and try to make some money, even if all the red flags are present they would still risk it and dig in. (...)

That's true. Considering altcoins have more upside potential, I'd say their reasons for trading altcoins instead of settling for the regular bitcoin 1% - 10% move is justified.  However, they keep doing it wrongly. For instance, some don't have enough trading knowledge. Others, don't even take time out to research about good projects and simply follow the hype. If they take time to do their due diligence, then the story will be different.

[chaser15]

For experienced traders, it's fine for them to be involved in shitcoins since they already know the drill.

They know what will happen later on so they will do their best during the early listing of this hype coin or token then get out with the right timing. As you can see, there are lots of traders winning big playing at these risky coins.

But this is not recommended for newbies so they are the ones who need to only stick with those coins that already backed by a community.

[Lordhermes]

We keep on talking about holding bitcoin all the time but sometime newbies coming into the market makes more mistake, in as much as the market works in a circulatory ways, as in losers gives out to gainers while this continues making the market more volatile that's while traders said newbies feeds expert traders.
On a rare note, bitcoin is advisable for every beginners to buy and hodl for a longer time, while watching over other alternative coin to trade in, trading has to be learned for easy understanding.

[2double0]

Traders who are buying shitcoins in the 'hopes' of seeing them in the sky one day are just blowing air in cold milk. Bitcoin brought shitcoins down and will keep them down no matter how gradually these shitcoins try to catch up with the present bull run. Being aware of the old coins which were taken to sky and then we're brought down and did not recover during any phases, should not be bought under any circumstances.

[sheenshane]

Talking about investing in Bitcoin and other top cryptocurrencies are always good but that isn't a problem if you will try to invest shitcoin that you willing to lose, what I mean is you know already the risk and if your luck was there, a massive fold of profits was always on their mind and the reason of other's wants to invest in new projects.  Another factor in risk to consider is most projects as of now are a scam, it's really hard to determine a good project even though it has good team promotions and even has good detail in the road map.

If you are looking for an excellent potential investment for holding the long term, top cryptocurrencies are a good choice while a new project that has a hype promotion is a short-term purpose only.

[gabbie2010]

Just invest in the major coins. You can't go wrong with the likes of BTC, XMR, LTC , and ETH for example.

Don't be afraid of corrections. They always happen and normally after a nice rally. They could always be used to your advantage. That's buying days for all of us. Just don't allow yourself to get carried away by emotions seeing red candles.

Price correction is needed by the people who wants to enter the market at lower price as well to avoid too much crash in the market when the price went too high. We should be aware of that some point when the price arises it will sure to fall down so we must monitor it properly when we know that the price we're getting higher so once it shows some start of low points we will be able to withdraw and get some profit.

Every investors or traders desire is to enter the market when the price is undergoing correction however there are instances were the price dipped more after correction after the trader had already bought at that zone except such a trader is knowledgeable in charting analysis else investors or traders might continue to buy or enter the market at the wrong point this is mostly common with shit coins whose daily volume traded is nothing to write home about.
I will only encourage nvesting  in Bitcoin or eth these ones has potentials and steady growth.

[CryptopreneurBrainboss]

The best decision is to buy btc, eth or any other top cryptocurrencies. These coins have been here for long and surviving trough different kinds of issues.
The real fact is everything in cryptocurrency is currently in the deep. Very deep.

Well you should understand that most top coins that are currently in the top charts in regards to price and market capitalization weren't there few years back excluding bitcoin therefore the chance of them still been there in other years to come aren't certain. I can tell you for a fact that coins like Chainlink won't be in the too tens just as I speculated coins like EOS that was among that list last year won't make it this year.

While all you said made sense to this point highlighted above, you don't Invest or advice people to invest just because project are in the top whatever. We have scams project there too. Few years back, project like bitconnect that was a clear ponzi scheme scam was among the top 10 that means you probably would be suggesting people buy them and if they have did, today they would had been in losses as many Investors found themselves after they exit scam.