#MarketCorrectionBuyOrHODL 11 Information I learned during a year as a trader
1-There is no minimum for the decline
The currency may decline by 40% in one day, and the next day it may decline by a larger percentage, so do not expect a minimum, it is always possible to decline more
2-Whales control the market
My expectations failed several times, although all indicators give an increase, but the currency declined because one of the whales decided to sell or vice versa, all indicators may give a decline, but the whales decide to buy and raise its value
3-Meme coins have faster fluctuations
You will notice that meme coins such as $PEPE, $SHIB, and $BONK can decline or rise by 15% in less than 24 hours, meme coins have no limit, there is an infinite quantity of them and their price is not only affected by the amount of buying and selling, but also by the amount of mining/burning.
Billions of coins are mined and burned daily in order to reduce/raise their value in the market.
4- Futures arena for professionals
Futures or futures contracts are only for professionals in trading, because profits and losses in it are much higher.
Advice: Never enter it unless you are an expert because you can double your money in one deal, but you can lose everything in the same deal.
