I have been around this crazy crypto world long enough to know that when prices rise too much, too fast, it's just a matter of time before the house of cards comes crashing down. In my opinion, a major correction is coming soon. I would be very careful right now if you are new to cryptocurrency or if you are a relative newbie. Don't just take my word for it. DO YOUR HOMEWORK and RESEARCH the price history of whatever coin you are about to invest in. You will see that in every case, when a token's price rises very fast in a short period of time, it will correct. (crash)
We have been experiencing an unprecedented rate of growth in the crypto world over the last six weeks. I know the lure of making allot of money in a short period of time is extremely enticing, but at this point, I would highly suggest you position yourself in a holding pattern. From what I'm seeing from my chair, a major correction is eminent in the near future.
Don't take this as doom and gloom. It is a natural short term progression for corrections to occur. In the long run, if you position yourself in the top cryptos and just hold for the next few years, you will be very happy in the end. Best of luck to all of you!
