#MarketCorrectionBuyOrHODL

Market Correction: Buy or HODL?

#### Introduction

The term “market correction” refers to a period when financial markets experience a significant decline in price, and is usually considered a correction when the price drops by 10% or more from its highest point. In the world of cryptocurrencies and financial markets in general, many investors ask the question: Should they buy during a market correction or continue with the current strategy known as “HODL” (holding on to the investment no matter how volatile)?

#### What is a market correction?

A market correction is a natural phenomenon that occurs in any financial market. When prices rise rapidly and unsustainably, the chances of a settlement increase as prices correct to more balanced levels. These corrections are considered healthy in the markets, as they help clear out price bubbles and provide opportunities for new investors to enter the market.