#MarketCorrectionBuyOrHODL

How can we define market correction in cryptocurrencies?

For me, a market correction occurs when, following a substantial increase (bull market) in the price of digital currencies over a short period, there must be a temporary adjustment or decrease.

Generally, this adjustment within this market can range from about 10% to 20%, without dropping below 30%.

Corrections or adjustments are inherent to any market cycle, including traditional financial markets; they are not exclusive to cryptocurrencies.

In the market of digital currencies, due to high volatility, corrections are more sensitive and can be deeper and faster than in traditional markets, without entering a trend or bear market phase, as it is temporary.

At that moment, it is essential that we remain calm, keep our composure, and avoid abrupt emotional decisions.

We should consider corrections as a great opportunity to invest in assets of our preference at reduced prices, which in the short, medium, or long term, this adjustment will yield benefits; therefore, we must be prudent and patient.

Good day to all ♥️.