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Topic: How do you feel about market recovery - page 7. (Read 1988 times)

legendary
Activity: 1766
Merit: 1002
January 25, 2023, 10:25:11 AM
For sure i’m not very confident this movement, keep 50:50 cash/alt, next time if btc down again its time to buy, meaning yoloing, to soon for investment, macroeconomic still not in full effect, and there is still lot of time to wait till fed full pivot, which is near halving and perfect for starting bull run
sr. member
Activity: 2450
Merit: 329
January 24, 2023, 01:59:52 AM
I am both bullish and bearish at the same time for current market outlook. I believe markets can easily recover itself through Bitcoin's strong demand stabilizing everything. I feel like last moves happening this month are very healthy and shows how secure Bitcoin investment can be. Although I can't exactly say same for altcoins. Altcoins are not going bad, yet, we need to wait for possible to hit 30000 line with Bitcoin to mitigate risk with altcoin investment.
I think he is asking if what do we feel about the market and not if what do we think can happen with the market. The only obvious answer for this would be to feel great of course because man that was recovery and it means the price is going upwards and then people can now sell for a profit. Not only by this month but it's already proven long time ago that Bitcoin is a safe investment due to its amazing characteristics.

I am only wondering on why there are still people who seem to can't understand it because they still keep on worrying when we are in a bad times like this but I don't really call this a bad time. The other side of the cycle is only happening. BTC and altcoins move as one so you shouldn't doubt them.
legendary
Activity: 2170
Merit: 1306
January 23, 2023, 04:25:59 AM
I am both bullish and bearish at the same time for current market outlook. I believe markets can easily recover itself through Bitcoin's strong demand stabilizing everything. I feel like last moves happening this month are very healthy and shows how secure Bitcoin investment can be. Although I can't exactly say same for altcoins. Altcoins are not going bad, yet, we need to wait for possible to hit 30000 line with Bitcoin to mitigate risk with altcoin investment.
sr. member
Activity: 2002
Merit: 250
January 23, 2023, 03:48:34 AM
I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.
Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.
Doing the analysis before investing is a must, by the time it is also a must to know the risks of the market. Just think of the market crash out of the much expected platforms in the Cryptospace. It happens when the managing part fails. So, cryptocurrency market moves were highly unpredictable and we keeping ourselves prepared for the worse scenario will help us keep our portfolio undisturbed in all market situations.

BNB is good for long term among the altcoins list due to the exchange backing as well as different plans executed in keeping the market progressive for BNB. At times it is clearly known that the market of BNB is manipulated when rest of the market is in the bearish trend.
At least by doing analysis and research we know the decisions we will make in the future,
besides that by doing so it can minimize the risk which is important for traders and investors,
for the long term BNB is an unquestionable choice.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
January 22, 2023, 06:52:09 PM
I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.
Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.
Doing the analysis before investing is a must, by the time it is also a must to know the risks of the market. Just think of the market crash out of the much expected platforms in the Cryptospace. It happens when the managing part fails. So, cryptocurrency market moves were highly unpredictable and we keeping ourselves prepared for the worse scenario will help us keep our portfolio undisturbed in all market situations.

BNB is good for long term among the altcoins list due to the exchange backing as well as different plans executed in keeping the market progressive for BNB. At times it is clearly known that the market of BNB is manipulated when rest of the market is in the bearish trend.
hero member
Activity: 2702
Merit: 517
January 21, 2023, 06:58:48 AM
Honestly, I don't feel that we are in the recovery period, I'm not yet convinced with the current market performance. I'd look at the past bear season and it never ended that fast like 1 year. I don't say this is a bull trap but I really expecting a dump after this, it is something we need to be more careful buying today. But if this will continue to move high like reaching $30k for Bitcoin, maybe that was the time would change my mind. But for now, I still consider this as usual market changes, the volatile nature of the market.
That is okay, we do not have to convince everyone to join right away on the first day. If we convince enough people everyday, we will keep going up, and if you are not one of those today, you could be when it reaches 25k, or could be one at 30k. We will need more people to keep on buying to go up, and that means it's going to be a bit of a trouble when the times comes.

Hence it's going to be an issue if we get all the people who want to buy today, because they would buy it now, and it would be over, then we will go back down. I will buy today, you will buy tomorrow, and the other person will buy the next day and it could go up this way much better and stronger.
We convince people to buy Bitcoin but we can't force them either. I know the potentiality of Bitcoin but investing them at the wrong time will make you lose as well, especially if you are impatient. Maybe it was not the issue if we buy today but what is important is that we are also cautious with our actions as the market trend keeps on changing and we are not sure if the price increase will continue and give you a profit from buying today.
Buying is not only a factor that could increase the price but also it matters if these investors are willing to hold. What will happen if they dump their coins when seeing the decline?
full member
Activity: 1064
Merit: 100
Combo Network
January 21, 2023, 06:26:45 AM
I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.
Yes Bitcoin has always been an investment choice that no doubt is profitable,
apart from Ethereum i think a coin like BNB is worth investing for long term,
The most important thing is to do research before investing.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
January 21, 2023, 02:46:02 AM
You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.

The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.
Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge.

Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead.
I agree that it has been a while since the market has changed, and I think it's definitely going to be something that we should be careful about. It is not that much of a big deal now that we are on the bull run, and it has been looking good. But when the next bull run comes, I really hope that people would end up seeing something that is a lot better.

This is basically what we need to be look out for, do not put your money into things that you wouldn't want them on bear market. I keep them at good things, and even if I ever invest into something that is shady looking, I end up holding it at max 1 week, there is really nothing that would be good at bear run that would be bad at bull run.
hero member
Activity: 1736
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 20, 2023, 10:07:25 PM
I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime

It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.
legendary
Activity: 1766
Merit: 1002
January 20, 2023, 08:51:54 PM
#99
If the peak count from 2021 may then is it, the bottom is in, but we agreed November was the peak, so it takes more time up and down in accumulation area, so i think were gonna down again later but, this movement really has strong pump after the first fed pivot, many believe true bullrun began after fed print money again right after true fed pivot later this year
sr. member
Activity: 1722
Merit: 268
Vave.com - Crypto Casino
January 20, 2023, 06:38:30 PM
#98
I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 20, 2023, 06:27:26 PM
#97
even if it might seems that this recovery was fake ones, but I think seeing overall the trend revolving around bitcoin it's showing positive trend in which it's steadily increasing in term of value.
it's unlike few months ago where quite literally in every attempt of increase and breakthrough the market resist and always brings btc down again. this time around it's different.
legendary
Activity: 2198
Merit: 1086
Free Bitcoins Every Hour!
January 20, 2023, 05:55:28 PM
#96
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?
Sometimes, the market doesn't need very good news to rise up, but the market will be easily very much to drop in few minutes because of FUD. Here, the previous pump of Bitcoin price was very great and worthy enough for the short-term investor to take profits. That's really great time to take profits. But on the other hand, this will not really give certain big influence to long-term investors, because their goal is for certain prices at certain time periods, So, they will not really care much about the rising price, not really significant. What we can do is by staying calm and wise in whatever market condition, never driven to panic sell or buy, analyze at first, and take the right time to do DCA trades or even other trading or investment activities.
legendary
Activity: 2492
Merit: 1327
January 20, 2023, 03:33:09 PM
#95
Bitcoin is looking positive here in this stage which have direct impact on crypto market. Whole crypto market is green now. Many coins like Aptos, Magic done better recovery and now trading price is backed to price before Ftx scam. I think this will be end of bear market. There is chances of one more dip but this year I am expecting good for Crypto traders.
I sincerely hope this is the case as investors have endured a lot during the past year as the bear market was incredibly intense and the fact that we did not knew when the market could get better made things even worse, but now it seems that things are finally improving, still we need to be careful as we never know when another dip may come and ruin the mood that the most recent recovery has created, but even then it seems the bear market is over or at least it is close for this to be the case.
full member
Activity: 1042
Merit: 103
January 20, 2023, 03:00:51 PM
#94
I feel great because after a very long time i see btc rise up again, however it is still hard to believe that we are in a bull run season it is very early for this kind of prediction and i believe that bull run is not confirm yet, i think we need to wait more time if the rising continue the bull run will come i hope bull run will be back this first quarter of year 2023.
member
Activity: 412
Merit: 10
January 20, 2023, 01:00:51 PM
#93
I think it comes late but the way bitcoin is now performing may be very strong for other coins with having a good pump may be occur in all these coins. And most likely as we have seen btc falling from the previous two days, it is recovering itself like the previously we have seen so many times before a big pump.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
January 20, 2023, 12:11:10 PM
#92
Bitcoin is looking positive here in this stage which have direct impact on crypto market. Whole crypto market is green now. Many coins like Aptos, Magic done better recovery and now trading price is backed to price before Ftx scam. I think this will be end of bear market. There is chances of one more dip but this year I am expecting good for Crypto traders.
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
January 20, 2023, 09:10:04 AM
#91
You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.

The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.
Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge.

Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead.
I think scams and cryptocurrencies are closely related regardless of whether the market is bullish or bearish. It's just that during the bull run, there are a lot more scams and people are investing in scams and losing money a lot more often without understanding the projects. The current correction has certainly cleared the market of scams, but as soon as a new bull market starts, the story with scams will happen again.
legendary
Activity: 2324
Merit: 1101
January 20, 2023, 08:58:23 AM
#90
You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.

The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.
Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge.

Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 20, 2023, 07:37:11 AM
#89
The potential for bitcoin investors to make a comeback and pour their money again in this market is big, as we all know that bitcoin is the prime mover. So no surprises here, past couple of weeks this start of the year, the market is on a recovery phase.

But I wanted to see the market going into $1 trillion market cap, that is a good indication maybe if we won't see another lower lows for other coins including altcoins. Hopefully, as you have said $30k will be the next target for this year before the block halving.

The potential you are talking about is highly correlated to the economic signals in the USA as the biggest market leaders are there these days. In addition, the recovery that happened a few days ago was due to the inflation rate moving down, this imposes less interest rate increases, which results in investment assets going up.
I hope this is the start of a recovery in the market, but looking at the current inflation rate as well as interest rate, it seems there should be a long way before we start talking about serious recovery, as the inflation rate is still much higher than the targeted one.
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