Likely it's going to go deep this time as we did not have a serious fiat correction in 3 years. But I think it's also going to be a short correction as the period of overvaluation just started and will likely last another year (see my "550% overvaluation" recent chart video for this). So couple of months correction but not yet couple of years. Great time to clean up my portfolio though and sell those coins and tokens I am only in for the money or have some doubts about, but still wise to keep those coins I love and believe in, as I have strong hands here that will protect me better against panic selling if a full blown long bear would happen. I do remain invested with the majortiy of my portfolio in crypto because I pledged when buying my favorites Byteball and Bitcoin Cash, never to sell these coins, but only to spend them. The 'Roger Ver strategy' I have come to believe in more compared to my strategy of (trying to) buy low and sell high that always leads to selling coins too soon during bull, buying back too soon during bear, and takes lots of energy on top. Still today is not the time to go full retard and switch to a buy and hold strategy if this was not initially your plan as you will likely curse and change plan again if the market does become depressed. We underestimate how high a bull market can go, but so do we underestimate how low and long a bear can last, and that is more likely what is happening today with most people, me included.