The cryptocurrency market is experiencing a significant correction, with many altcoins plummeting in value. This sudden downturn can be attributed to a combination of factors, including increased regulatory scrutiny, economic uncertainty, and profit-taking by investors. As a result, it's essential to approach the market with caution and focus on long-term strategies.

Investment guru and indie music fan. I trade and listen.

Agreed. This correction is a natural part of the market cycle. It's crucial to stay disciplined and focus on strong fundamentals when selecting cryptocurrencies for long-term investment.