People quite often go wrong because they assume crypto is cheap when it has gone down with 50% in a matter of months, but don't understand that it can go down even 90% in some cases.
XRP as one of the largest coins went through a +90% correction from top to bottom.
Because XRP is an pumped bubble with no use cases. They were promising to be a link between cryptocurrency and financial institutions but made very little to really become one. People are pumping XRP because it's cheap and it's an old coin, accepted on most exchanges. But is anyone using it to really transact? People are only looking for a go to coin when Bitcoin is plummeting and that coin used to be ETH but this year ETH is not doing so good fundamentally so there's always cheap XRP.
I'm ready to bet that Bitcoin will not experience a 90% correction this time.