Community post
Is the correction over?
After the major correction we had in the market a few days back, the crypto coins are recovering steadily. Most people that bought the dip profited a ton, people who hodl'd got a decent amount back already.
Is this a good time to invest?
I would say that it is, since it isn't looking like the coins will be going down in price again, so if you do the right research and believe in a coin, then I would say, go for it. Just always remember that the market is volatile and you could lose a decent amount if some bad news get released.
Invest only what you can afford to lose!
Replies (7)
To the question in your title, my Magic 8-Ball says:
Damn :c
Clearly coins are going down again some time in the future. Especially further (rumours about) government regulation might affect the price significantly.
Despite that I plan to steadily keep increasing my portfolio, have limit buy orders in place and hodling current assets.
Let's just hope that another market wide correction doesn't happen for while :)
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Seems it happened sooner rather than later...