A correction was certainly needed in what had become a very overheated market. I am long term bullish, but I think quite a lot of coins are destined for oblivion, as they serve no pupose except to exist.
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Absolutely but surprisingly some of those coins are the one gaining most. What do you say of Bytecoin?
I suppose the question is, are you in it for the long term, as an investor, or the short term, as a speculator? Bytecoin has seen very rapid fluctuations, but does it have a long term future? I don't know, but I won't be buying any myself.