I was checking Square and there would be a correction in the market, but for those of us who do not know what that means, here I share what I found out:
Market corrections in cryptocurrencies refer to a temporary decline in the price of a cryptocurrency after a period of significant increases. It's like a pause in growth, where prices drop a bit to "adjust" to the reality of the market. This can happen for various reasons, such as changes in the perception of value, profit-taking by investors, or external factors like economic news.
Corrections are normal and can be healthy for the market, as they help prevent excessive bubbles. However, it is important to be prepared and not panic if you see prices drop. It's always good to do your own research and make informed decisions!
This is what I observed with my capital today.
What option would we take, sell or save?
Don't just go by what you read. Research.
This is not investment advice, it's just a personal experience.
#SAFU #NFA #DYOR