11-16-2021, 09:21 PM
Stop freaking out over minor corrections, we basically went up for 38 days straight.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/"> <img src="https://b.thumbs.redditmedia.com/1DY-zXZUk524ccwYOrUPmkPnu9G-fM-kBz1MJlpdPEg.jpg" alt="Stop freaking out over minor corrections, we basically went up for 38 days straight." title="Stop freaking out over minor corrections, we basically went up for 38 days straight." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I cringe every time someone posts here freaking out over the recent correction. This is possibly one of the most minor things you can worry about right now. Crypto is a highly volatile market and it is expected to have a few corrections of 5-10% here and there. </p> <p>This is even more true when the entire month of October was basically green including the first week of November. It is absolutely normal, and even healthy to have a few minor corrections on the way up. IMO, these dips are a great buying opportunity if you follow the pattern. These corrections are nothing compared to the -50% crash we had earlier this year.</p> <p>​</p> <p><a href="https://preview.redd.it/8x9a16ey0xz71.png?width=836&format=png&auto=webp&s=a5577f3d5c76f3c802d92d916ec1c0ca8798ca76">To provide some perspective to the recent \"crash\" some people are worried about</a></p> <p>It perfectly fits into the rising wedge pattern, if just look at the correction before Oct 21 (great buying opportunity there). This is absolutely nothing to worry about. If you are a newbie, you should look at this as a buying opportunity instead. </p> <p>TLDR: It is crucial that you look at the bigger picture. Look at the trends, we had multiple of these corrections and they actually proved out to be a buying opportunity instead of a dip. The recent price action is absolutely nothing to worry about.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Many_Scratch2269"> /u/Many_Scratch2269 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/"> <img src="https://b.thumbs.redditmedia.com/1DY-zXZUk524ccwYOrUPmkPnu9G-fM-kBz1MJlpdPEg.jpg" alt="Stop freaking out over minor corrections, we basically went up for 38 days straight." title="Stop freaking out over minor corrections, we basically went up for 38 days straight." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I cringe every time someone posts here freaking out over the recent correction. This is possibly one of the most minor things you can worry about right now. Crypto is a highly volatile market and it is expected to have a few corrections of 5-10% here and there. </p> <p>This is even more true when the entire month of October was basically green including the first week of November. It is absolutely normal, and even healthy to have a few minor corrections on the way up. IMO, these dips are a great buying opportunity if you follow the pattern. These corrections are nothing compared to the -50% crash we had earlier this year.</p> <p>​</p> <p><a href="https://preview.redd.it/8x9a16ey0xz71.png?width=836&format=png&auto=webp&s=a5577f3d5c76f3c802d92d916ec1c0ca8798ca76">To provide some perspective to the recent \"crash\" some people are worried about</a></p> <p>It perfectly fits into the rising wedge pattern, if just look at the correction before Oct 21 (great buying opportunity there). This is absolutely nothing to worry about. If you are a newbie, you should look at this as a buying opportunity instead. </p> <p>TLDR: It is crucial that you look at the bigger picture. Look at the trends, we had multiple of these corrections and they actually proved out to be a buying opportunity instead of a dip. The recent price action is absolutely nothing to worry about.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Many_Scratch2269"> /u/Many_Scratch2269 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qv32eu/stop_freaking_out_over_minor_corrections_we/">[comments]</a></span> </td></tr></table>Kind Regards R