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Topic: How do you feel about market recovery - page 10. (Read 1988 times)

hero member
Activity: 2142
Merit: 584
You own the pen
January 15, 2023, 09:44:16 AM
#48
You can consider buying right now but you need to be careful in choosing the right coins to buy because other coins won't recover when the crypto market will back to normal. Others will undoubtedly recover because their developers are actively updating their platforms for example Binance and the like of it. If you want to sacrifice some money that you can afford to lose, you can go for the latest altcoins that have some active developers that are really true to their project by showing themselves to the public and not hiding their faces to avoid their investors when things will not go as planned or they failed to accumulate the right amount of money to support the project. There are lots out there you can choose from and the least you can do is try to do some quick research before releasing any money.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
January 15, 2023, 09:10:31 AM
#47
(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.

true, the recent increase is very unnatural, there are many suggestions for community members to continue to be careful if you want to enter the market at this time, it could be that this increase is just a camouflage for bitcoin which always went down before,
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
January 15, 2023, 08:59:54 AM
#46
I feel like the situation doesn't really give me hopes for a big bull run just yet. I know some people think that this is start of a bull run, but I think not yet, it is going to take a while before we could reach there. I know that it will happen, and I trust that bitcoin will break ATH again, maybe this year or maybe some other year but it will happen.

All I am saying is that we are not going to see that skyrocketing price anytime soon just yet. This was a good increase, and I am expecting it to either stay around here, or drop, or maybe go up just a tiny bit, like 10-20% more, but not going to see those amazing 2x or more increases just yet, it will have to wait some more.
legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
January 15, 2023, 07:02:25 AM
#45
(....)
You can table out your opinion.
I am still not convinced about what happened recently. For me, it's not a healthy or natural pump, because of the high percentage pumps during a short period of time.
But it's good thing that we are already sitting above $20,000 which this level is significant level since last bull run around 2017-2018.
If we will hold this level until next year, I believe it's already the support until next cycle.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 15, 2023, 03:43:28 AM
#44
Go search basic history price movement bitcoin.

Simple research "Bitcoin Halving" movement
- Bullish Momentum (15-20x) from the price low
- Bearish around -75% to -85% counted from the all-time high.

We don't know the bullish started or not, however the best price or condition to be buy is (At the time people/media or other tell to you bitcoin is death). That's the good time to be buy, and just waiting "HALVING:.

Bitcoin already corrected by nearly 81% of its ATH so I think the current pump is necessary to bring more people in before moving down again, some people started to FOMO in from what I see on Twitter. However, we should be prepared for any scenario, the halving looks far from here, and even bear market have some upward corrections, so the way isn't straight down, like it wasn't straight up in the bull market.
hero member
Activity: 1372
Merit: 504
Leading Crypto Sports Betting & Casino Platform
January 15, 2023, 02:57:12 AM
#43
yes of course with the market recovery like now and crypto prices going up that makes me happy, and actually the increase in crypto prices is now a puzzle whether it will continue to rise or whether it will immediately fall after a few days of rising, but with an increase like now for those who invest short term will definitely sell it and will buy it again from the bottom. so the point is to be careful with the increase now because what is feared will fall even deeper.
It's true that we don't know whether the increase in crypto prices at this time will last or not because the current market conditions are unpredictable.
We must always be careful in our actions so that we don't regret it just because we didn't do in-depth research and analysis.
However, this increase cannot be a guarantee that the market can really recover and experience a bull market.
I myself have done some research on the crypto market and the result this year will be a little bit deeper in the middle of the year and the market could start to really appreciate later in the next year, but everything I'm saying is just my own research so if you If you don't feel right, you can do your own research.
legendary
Activity: 1666
Merit: 1836
#SWGT CERTIK Audited
January 14, 2023, 10:01:29 PM
#42
Of course not, this is not the bull, we are still very far from such a saying, the market's recovery slightly and the rise of Bitcoin to $ 21,000 does not mean the end of bear season and the beginning of the bull.
Also, some altcoins have achieved a significant increase, such as:

GALA 260%, SLO 209% , APT 170%, GMT 140%, MANA 120%

The news of lower inflation in the United States caused this bullish rally in the market and now that will more than likely pass, so don't expect the rally to continue.

Therefore, I expect that the market has taken its limit now, and Bitcoin will start to decline and return to 17k$ levels, and if it exceeds this number, we may witness a new bottom.
member
Activity: 467
Merit: 61
January 14, 2023, 08:37:53 PM
#41
yes of course with the market recovery like now and crypto prices going up that makes me happy, and actually the increase in crypto prices is now a puzzle whether it will continue to rise or whether it will immediately fall after a few days of rising, but with an increase like now for those who invest short term will definitely sell it and will buy it again from the bottom. so the point is to be careful with the increase now because what is feared will fall even deeper.
sr. member
Activity: 1596
Merit: 264
January 14, 2023, 05:51:23 PM
#40
~
Bad news or not, if you're a strong hodler of Bitcoin, it would not matter regardless of whatever the first few feeds you see in Reddit/Twitter/FB or any social media sites that are sometimes being flooded by fake news and all those kinds of stuffs that brings nothing but FUD in the market.

64k reach is a bit of a stretch within this month if you would ask me, but there's no impossible at the same time. $40k seems fair and realistic, but again let's see what's coming for us within this month. Careful on what altcoin you're holding by the way since you mentioned it.
sr. member
Activity: 1106
Merit: 253
January 14, 2023, 04:53:02 PM
#39
Yeah I can even see it as well in my own extension in my browser. It seems like BTC went from 18k to 20k (almost 21k-ish) within the night last time I checked. Although like I mentioned in here, it is still pretty much early to call it bullish table. I would still call it a slow recovery.
Back to 64k soon maybe after bullish market starts right away. Cheesy
I agree that we might still experience some dips though.

Let's see within few days.
Its seems not really bad with Bitcoin recovering from $18,000 until reached $21,000 today although we have bigger expected for Bitcoin come back to all time high price above $64,000. I think its better with Bitcoin have positive side after break out little higher price today and many people expected the moment for bitcoin recovery back to higher price coming soon.

Hope there are not any bad news for one or two months later after Bitcoin stable and can reach higher price again, I don't expected with Bitcoin again to $64,000 but also consistency above $40,000 will bring positive impact as I am altcoin holder get back my profit after floating for longer time due Bitcoin crash last year.
sr. member
Activity: 1596
Merit: 264
January 14, 2023, 03:00:14 PM
#38
~
Yeah I can even see it as well in my own extension in my browser. It seems like BTC went from 18k to 20k (almost 21k-ish) within the night last time I checked. Although like I mentioned in here, it is still pretty much early to call it bullish table. I would still call it a slow recovery.
Back to 64k soon maybe after bullish market starts right away. Cheesy
I agree that we might still experience some dips though.

Let's see within few days.
newbie
Activity: 31
Merit: 0
January 14, 2023, 02:59:42 PM
#37
Is the right moment to look at alts I found $CORE or Coreum Dao. Core network aims to uphold the Bitcoin network by acting like a second BTC block reward. When Bitcoin block rewards dry up in 2040, the Core network will be there to provide rewards for Bitcoin miners as they do the same for Core.

Amazing chance to keep growing in BTC at the same time as $CORE. Amazing Moonshot on MEXC
legendary
Activity: 938
Merit: 1028
#SWGT CERTIK Audited
January 14, 2023, 02:40:16 PM
#36
If you really want to ask my personal point of view regardless to the technical analysis or all this fud-related stuff then i will stay on my previous statement this one is a pure trap situation but the market has good volume so my statement can wrong but my gut feel is same as this one is looking fake short time pump.
sr. member
Activity: 2506
Merit: 368
January 14, 2023, 02:26:52 PM
#35
It's great to see the market recovering but I wouldn't expect too much about it since I kinda feel like it's like a bull trap that sooner will make another huge drop that would make another bottom. I hope that won't happen since I kinda see how the pattern in the past did it that way.

Everything is turning green as soon as Bitcoin started to recover so does the altcoins too but let's not just get too crazy over this sudden pump there might be a twist around it. Instead do your thing and start to make a profit if that's how you feel or buy more and hodl for future bull run. Perhaps, holidays might be the most reason why crypto market was declining. Huh
sr. member
Activity: 1722
Merit: 269
January 14, 2023, 01:56:02 PM
#34
Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?
Please don't find my post as annoying because I m also learning which I strongly believe I will know more better as time comes.
You can table out your opinion.

I am also pretty surprised to see the pretty significant gains in the crypto market in the last few days. At least for me, they completely came out of nowhere and i have to say that i am not really happy because of that because i still have some stable coins laying around that i wanted to invest into projects that are already big and established because so far, i have mainly very small and new projects in my portfolio.
Sadly for me i did not invest into NEAR when it was at around 1,30$ because i thought it would go down even lower than that and now as the time of writing it is at more than 2,20$ per coin.
I also think though that is not the start of a real bull run and that the prices will start to go down again pretty soon.
newbie
Activity: 462
Merit: 0
January 14, 2023, 12:33:47 PM
#33
I don't even think it would last long. Remember SEC is investigating Binance and they are always bound to unearth some nasty stuff
legendary
Activity: 1708
Merit: 1364
🔃EN>>AR Translator🔃
January 14, 2023, 12:12:52 PM
#32
Despite the state of optimism that the market is currently going through, recent news in the crypto market indicate the worst, including the collapse of service platforms and layoffs of employees from the platforms, in addition to the increase in legal legislation restricting the freedom of financial activity in the crypto space, whether for individuals or companies.

I also think that it is a circumstantial recovery period that was expected at the beginning of the new year. Except that the period of recession caused a large and sharp decline in prices, and recovery by only 10 percent will not benefit it. On the other hand, the circumstantial recovery may help the return of those who left the market during the recession, and may also encourage the restoration of confidence in crypto.

For people who missed the opportunity to buy when Bitcoin reached below $15,000, the opportunity has not been missed yet, and they can take advantage of the recession that will apparently continue until the next Bitcoin halving.
legendary
Activity: 3066
Merit: 1168
January 14, 2023, 10:33:38 AM
#31
Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?

The crypto market is bigger and bigger... now we are just a bit under 1 trillion, but that's alright I guess, 5+ years ago that trillion was something we could just imagine. So now I believe that crypto will make another boom in the next 2-3 years, and we will probably see some new records... as it always happens. Bitcoin will be one of the rising stars for sure, but for all others nothing is certain. The top 10 list is changing every few years, except for that first place.
sr. member
Activity: 2338
Merit: 338
January 14, 2023, 05:18:30 AM
#30
Well, I'm happy it finally came back to 20k (price right now) and finally left that range where you can't help but feel it might go down again. Still, I reckon we might dip down back after a few days, or weeks since the price increase was kind of straight instead of something steady (which was what I expected really). It should be temporary though, maybe another up-and-down movement from between 19 and 20k, for a few days. In the bigger picture though this isn't exactly anything big, after all we're still pretty far off from $30k itself. We just kind of opened up a space between the possible worst case scenario (which is a dip to $10k or so imo). 
The top 4 coins in the CMC are turning green now. Whether it is a trap or not, at least we're getting back high a little bit but we couldn't assure how long it takes this high because we've never found a valid reason for the cause of this pump. I wasn't thinking we are tuning bullish but rather to believe we are still in the bear market.


However, this scenario will give hopes for those who bought Bitcoin at $20k for at least they know that it was not impossible to earn profit if they will hold.

legendary
Activity: 2338
Merit: 1124
January 14, 2023, 04:34:22 AM
#29
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
Halving is once-in-4 years thing but if you go through bitcoin chart, you can find lots of bull action through out every year which means halving alone not triggering bull market but there are lots of other positive news as well. This time I guess FOMO has arrived earlier than expected. We all expected bull run and everyone wants grab cheaper than others which lead to wild FOMO.

how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?
Keep buying will help even below or above $20k levels. But, current situation is not sustainable so expecting another pull back from here could be a wise decision but make sure you are into DCA for avoiding disappointments.
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