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RE: Why we need Correction in the Crypto space : Scam / Shit Coins

Steem in comparison to this day last year is still at a 1.73$ higher rate. And having been in the crypto world for two years now (1 year active), corrections have been quite common, and help in averaging out bubbles such as what bitcoin built around itself. I would love to see bitcoin go up to around $12000, but steadily, not overnight, like it did when it pumped up to $20000. It is better for markets in the long run and also helps avoid crashes like the one we are seeing now.

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Very good point indeed, I agree with you. Thanks for your comment

Best point I read so far. The whales in BTC shd know that it's not all about immediate profits but long term. With such fast meteoric pump , Banks and govt will be scared to shit and come attacking. Gradual growth is sustainable. Btc to me shd not exceed 10k. Between 9-10k$ is ok. We need correction to check mate such pumps. Nice comment. Keep it coming