How do you feel about market recovery - page 8.

TravelMug

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Quote from: Oneandpure on January 18, 2023, 10:34:38 AM

Quote from: AakZaki on January 16, 2023, 12:17:36 PM

The current recovery is only aimed at getting investors back into the crypto market, those who exited the market at the bullish start and when the current price collapses come back again. The market recovered quite well and was able to stay in the $20k price area. But we still have to be vigilant because a bull run may also occur, there will be a decline when the market is saturated enough, some corrections will of course occur. for those who make long-term investments, just hold on and buy again when the price is cheap enough from the current price.

Current Bitcoin price touched on $21,000 seems has potential for investor coming back in to the market crypto and reinvesting in Bitcoin or several potential altcoins, I don't sure with how long Bitcoin stable at price $21,000 and have possibility back under $20,000 or will reach to higher price again.

No doubt with correction or Bitcoin price have waiting later, but how possibility with Bitcoin price drop until $17,000 or keep consistency above $20,00 before going back to higher price and one year left with halving on 2024 will see moment for Bitcoin make new all time high? I still consistent reinvesting in Bitcoin right now due current price nowadays until Bitcoin back above $30,000.

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.

Kelvinid

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Quote from: JeffBrad12 on January 19, 2023, 07:42:12 PM

the recent increase in bitcoin was indeed somewhat showing that there's gonna be some recovery happening even though that's at best still just guesses and speculation, the thing is, if bitcoin could breakout and increase significantly i', sure altcoins in general will just follow the path of bitcoin therefore the altcoin seasons.
But if bitcoin just stuck, alts will get nowhere, the trend hasn't shown any bullish sign but indeed there's some signs that the market somehow is recovery even though might still be far off from the highest price it has reached before. after all it might be just beginning of its recovery and towards bullish market so I guess there's still long way to go.

It indeed it takes years to finally see the development of the market. What we have to see this time is just a sort of market volatility but at least we know that recovery isn't impossible to happen. It at least give some views to the newcomers that investing the dip is certainly a profitable way and have no reason to worry as long as they can hold and patiently wait for the price increase.

I'd see this could mentally affect to us and gives hopes to everyone. I'd really feel that this year isn't yet be considered as a good year for crypto and still experiencing dumps.

kenshi222

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The market is started to recover from the last year end.But most of the traders who expected huge change had not notice it.Mostly crypto market takes huge time to recover, but it gives us huge percentage as a profit alone.So mostly holding for longer period will help us for the recover from the huge loss.It may need huge time and the output will be 20x for the holding.People who had brought bitcoin under 20k in 2017 had earned three times of profit in 2020.So holding 3 big years may make you Billionaire, it's only possible one in crypto currency trading.The market is not bear now, but the pump is not upto expected level.It's only reason for the people get loss his patience on trading.

evichi

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Though the market recovery is a relief, I think it is too early to conclude that the bull market have started. Bitcoin have remained in the range of $16,000 since early November, 2022 till early January, 2023 before the recovery (https://coinmarketcap.com/currencies/bitcoin/). Having remained in this range for about two months, I think it should not be a surprise for the market to breakout from the resistance. IMO. investors can still buy more Bitcoin at the current price of $21,075 (price can still come down lower than this) - and make good profit when actual bull run commences. I don't consider this current movement a bull run.

JeffBrad12

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the recent increase in bitcoin was indeed somewhat showing that there's gonna be some recovery happening even though that's at best still just guesses and speculation, the thing is, if bitcoin could breakout and increase significantly i', sure altcoins in general will just follow the path of bitcoin therefore the altcoin seasons.
But if bitcoin just stuck, alts will get nowhere, the trend hasn't shown any bullish sign but indeed there's some signs that the market somehow is recovery even though might still be far off from the highest price it has reached before. after all it might be just beginning of its recovery and towards bullish market so I guess there's still long way to go.

autumnleaf

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Although I do not believe we are in a bull market, the market appears to be recovering. A quick increase in the price of Bitcoin is brought on by a variety of sentiments about Bitcoin that are expressed in news and announcements all around the world. The market is likely to undergo significant changes even though bitcoin is still far from halving.

Hildentine

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I am very interested to see the present condition of market i wish its better day by day in the past condition of market many projects are dead and alot of people receive a huge loss .
So i wish the Market again rise and they give profit in this year everyone choose a great project definitely everyone gain profit away from scam projects and fake news .

abralzain17

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Quote from: SmartGold01 on January 13, 2023, 01:27:19 PM

Hello dearies!

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
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?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.

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.

of course we have the same feeling by seeing the market conditions that have recovered as you said that. despite the current conditions I myself am not interested in buying and collecting bitcoin at this time. for myself it seems like I will be more interested in altcoins to get profits in the future if the market really is back to normal. I will buy Matic, bnb and Ethreum only to earn this year. I'm more confident with altcoins

Oneandpure

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Quote from: AakZaki on January 16, 2023, 12:17:36 PM

The current recovery is only aimed at getting investors back into the crypto market, those who exited the market at the bullish start and when the current price collapses come back again. The market recovered quite well and was able to stay in the $20k price area. But we still have to be vigilant because a bull run may also occur, there will be a decline when the market is saturated enough, some corrections will of course occur. for those who make long-term investments, just hold on and buy again when the price is cheap enough from the current price.

Current Bitcoin price touched on $21,000 seems has potential for investor coming back in to the market crypto and reinvesting in Bitcoin or several potential altcoins, I don't sure with how long Bitcoin stable at price $21,000 and have possibility back under $20,000 or will reach to higher price again.

No doubt with correction or Bitcoin price have waiting later, but how possibility with Bitcoin price drop until $17,000 or keep consistency above $20,00 before going back to higher price and one year left with halving on 2024 will see moment for Bitcoin make new all time high? I still consistent reinvesting in Bitcoin right now due current price nowadays until Bitcoin back above $30,000.

inthelongrun

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Is there anything special in the market right now? Bitcoin dropping to $15k was due to the FTX backlash in which fundamentally bitcoin is not affected so it is normal that the price will return to where it was before. Lucky to those who bought bitcoin when it dropped. I did scoop a little at $16k and $17k. Bitcoin bouncing back also started a recovery in the altcoin market as well. Everyone is looking forward to bitcoin halving so I expect the market this year to perform better than last year. Let us continue our DCA while there is still time left.

fzkto

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Quote from: shinratensei_ on January 17, 2023, 07:32:36 PM

couldn't even call it recovery since everything quite literally is still uncertain, btc could be recovering back some of its value but then again it might lost again, alts are generally following btc path but that certainly doesn't necessarily means alts season will be coming very soon, I think i'd say it's recovery when btc has reached mark of $30k and beyond, that way we're closed to the all time high although not that close but good enough that it gives strong signal that market is recovering.

Many coins have grown several times over. Even old coins like ATOM are well up. I guess you could call it a recovery, but I think it's a correction of the previous fall. The main thing now is that bitcoin will not fall again. If it doesn't, everything will be fine.

wastagnn

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The market rose slightly and showed a positive market trend. Some people believe that this is the beginning of a bull market, and some people predict that it will be bullish after the Bitcoin halving next year. Calmly and patiently wait for the bear market to end, when bitcoin is more valuable and the crypto market is getting bigger.

shinratensei_

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couldn't even call it recovery since everything quite literally is still uncertain, btc could be recovering back some of its value but then again it might lost again, alts are generally following btc path but that certainly doesn't necessarily means alts season will be coming very soon, I think i'd say it's recovery when btc has reached mark of $30k and beyond, that way we're closed to the all time high although not that close but good enough that it gives strong signal that market is recovering.

Ozero

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Quote from: landheer on January 14, 2023, 08:37:53 PM

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.

The price of bitcoin is currently $21,361. Compared to the fact that quite recently its price was in the range of 16-17 thousand, this can still be considered a good start for me for a possible further recovery of the market, which has been deeply stagnant for the past year. But it is too early to draw any definite conclusions. For now, you need to observe the emerging growth trends, because the usual high price volatility of bitcoin is not yet ruled out. But with each passing day, optimism in this regard is growing.

KingsDen

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Quote from: Silberman on January 16, 2023, 03:03:29 PM

Quote from: KingsDen on January 16, 2023, 11:21:01 AM

Quote from: RAppleby on January 16, 2023, 02:15:36 AM

...

There are good signs of recovery in the market. This recovery is not a sign of bull run but it is to keep the hope alive that there can stillbe bull run.
This recovery will stablize the market and avoid further panic and FUD.
This recovery has also saved some projects that were very close to winding up. This is because the bear market has lasted for so long and many projects have suffered for so long.
On a long run, throughout this year, we shouldn't expect bull run or expect the market to exceed $30 till 2024.

Without a doubt this recovery is giving a breath of fresh air to a lot of coins that were on the verge of collapsing as the developers depend on their coins having a high value to have enough funds for the development of their project, however at the same time I expect scammers to release more coins than ever as they are going to see this correction as the opportunity they were waiting for to scam people, since this small correction could encourage people to invest in shitcoins once again.

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.

Rodriguezan

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The market recovery is at best staggering. Quite hard to tell if it is recovering or not. But we just have to be optimistic and hope for the best outcome.

blockman

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Quote from: Silberman on January 16, 2023, 03:03:29 PM

Without a doubt this recovery is giving a breath of fresh air to a lot of coins that were on the verge of collapsing as the developers depend on their coins having a high value to have enough funds for the development of their project, however at the same time I expect scammers to release more coins than ever as they are going to see this correction as the opportunity they were waiting for to scam people, since this small correction could encourage people to invest in shitcoins once again.

The scammers will always be there, they were even there when the bear market existed and how much more if we go back to the typical bull run that everybody loves.
When the money is overflowing to the market, the scammers are more excited with it as they'll just have to make a fake plan with fake white paper and release and as well as fake development that will make everyone gullible that they've got a good project and they really are an investable project that everybody shouldn't miss. So, beware with them and don't be too gullible with just a few research that you do.

Silberman

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Quote from: KingsDen on January 16, 2023, 11:21:01 AM

Quote from: RAppleby on January 16, 2023, 02:15:36 AM

Although the market has shown signs of recovery recently. But I think there's still a long way to go. Not just because of energy consumption in winter. Part of the reason is that some previous events caused many people to leave the market. Now that the price is up, many people may return to the market. No one can predict the future. We can only pay more attention to the market. Feel free to adjust our plans.

There are good signs of recovery in the market. This recovery is not a sign of bull run but it is to keep the hope alive that there can stillbe bull run.
This recovery will stablize the market and avoid further panic and FUD.
This recovery has also saved some projects that were very close to winding up. This is because the bear market has lasted for so long and many projects have suffered for so long.
On a long run, throughout this year, we shouldn't expect bull run or expect the market to exceed $30 till 2024.

Without a doubt this recovery is giving a breath of fresh air to a lot of coins that were on the verge of collapsing as the developers depend on their coins having a high value to have enough funds for the development of their project, however at the same time I expect scammers to release more coins than ever as they are going to see this correction as the opportunity they were waiting for to scam people, since this small correction could encourage people to invest in shitcoins once again.

beerlover

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Quote from: Yamifoud on January 16, 2023, 06:12:21 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.

AakZaki

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Quote from: RAppleby on January 16, 2023, 02:15:36 AM

Although the market has shown signs of recovery recently. But I think there's still a long way to go. Not just because of energy consumption in winter. Part of the reason is that some previous events caused many people to leave the market. Now that the price is up, many people may return to the market. No one can predict the future. We can only pay more attention to the market. Feel free to adjust our plans.

The current recovery is only aimed at getting investors back into the crypto market, those who exited the market at the bullish start and when the current price collapses come back again. The market recovered quite well and was able to stay in the $20k price area. But we still have to be vigilant because a bull run may also occur, there will be a decline when the market is saturated enough, some corrections will of course occur. for those who make long-term investments, just hold on and buy again when the price is cheap enough from the current price.

Topic: How do you feel about market recovery - page 8. (Read 1988 times)