#TradingAnalysis101

**Correction Deepens, What Should Be Done?**

The US stock market is experiencing a correction again, which has ultimately impacted crypto assets. Bitcoin and Altcoins have fallen deeper in the last 24 hours. What should be done?

**#1 Be Mindful When Buying the Dips.**

During times like this, there are indeed many interesting opportunities. However, we must remain "mindful" when buying on the correction. We should not just catch a falling knife that will drop even deeper.

**#2 Identify Significant Areas of Value.**

As prices continue to fall, identify significant areas of value and make gradual purchases as prices approach those areas. Do not average down when prices have not yet approached a significant area of value.

**#3 Avoid Excessive Leverage Trading.**

In situations like this, it is much better not to get involved in the derivatives market. It is better to buy on the correction in spot rather than trying to catch a falling knife with leverage. Even for shorting, the area is also very inappropriate and the market has the potential for a short squeeze.

**#4 Be Greedy When Others are Fearful.**

Perhaps this correction is an opportunity for those of you who feel you have not had a chance to enter the market. Many of you have also just become acquainted with crypto this year. Opportunities always come to those who are willing to take advantage.