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@BitcoinBaby more from that month

𝐂𝐫𝐲𝐩𝐭𝐨 π–πžπšπ­π‘πžπ« π…π¨π«πžπœπšπ¬π­ Let me start off by saying I hate corrections and I despise people posting "No Worries, itΒ΄s just a healthy correction." If a coin is going up... why correct it?? Just do the frozen thingy and Let it Go, but NO!! That is not how the digital asset market works Baby. Two steps forward, one step back. Make sure you donΒ΄t trip during that one step back because if you do you can start all over again. And that start all over again is precisely why I do not like corrections. Now I have been asking around, why do we need a correction....whatΒ΄s so healthy about it. I mean it doesnΒ΄t have anything to do with vitamins?? Well for those of you, who like me do not see the need for 'healthy corrections', this is what I got. "During a bullish trend to the upside, a coin tends to become overbought. Once a coin is clearly overbought the overbought indicators will start flashing and people stop buying. Well if people stop buying but keep selling....prices will drop. Now these prices need to drop, but remain above a good resistance level. If they drop enough, and the resistance level is holding, the overbought indicators change and the coin becomes good enough to buy once more. Allowing for even more money to come into the market in the wake of the correction. Even now that I understand the mechanics I still hate corrections. #crypto #healthycorrectionmyS

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