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Topic: How do you feel about market recovery - page 9. (Read 1988 times)

legendary
Activity: 1078
Merit: 1022
Hello Leo! You can still win.
January 16, 2023, 11:21:01 AM
#68
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.
sr. member
Activity: 2268
Merit: 275
January 16, 2023, 08:34:58 AM
#67
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.
Yes, that's understandable because usually we are in a bear market for a long time, and some time ago the market also showed an increase and the next day it turned red again. But I have no problem with that, recovery or not anyway I invested in these bitcoins for a very long time. Instead of me focusing on improving the market lately, I'm better off continuing to do DCA and increasing the amount of bitcoins in my portfolio.
legendary
Activity: 2702
Merit: 1220
January 16, 2023, 08:30:28 AM
#66
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.
The market has been on an uptrend over the past few days, and it is still believed that there is still some time before the market recovers, and there are many people who believe that the market is recovering, and it is difficult to predict when the recovery will actually start. Wait patiently for the arrival of the bull market in the market, and seize the good opportunities accumulated now.


Although we can see some great recovery happening these past few days still we cannot accurately say that it will continue. We should always think to take precaution since bull trap is literally happening so for that we need to be prepared and skip those thoughts to ride then get FOMO since it will be bad for us to rush all of this so be smart on taking risky decisions.
legendary
Activity: 1064
Merit: 1228
January 16, 2023, 07:25:40 AM
#65
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.
Let's just say it's a good start to hope for market recovery after we lost so much in 2022. Bull trap? I don't think so but it's just a nice run after the market looks saturated with sideways for months. But for anyone who wants to invest, I think they still have to be wise and manage it as best they can. If they are in doubt, DCA should be applied and for an amount that can afford to lose, of course.

The market is still changeable so we can't be sure of anything here, and again each of us probably shouldn't expect anything big and don't get greedy.
hero member
Activity: 2702
Merit: 517
January 16, 2023, 06:12:21 AM
#64
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.
hero member
Activity: 2884
Merit: 629
January 16, 2023, 04:36:04 AM
#63
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.
Yes this can be a minor recovery and not a start of a bullish season, well no one knows. When the market is showing positive movement, many investors are returning to once again join the ride and leave when the situation is turning bloody. It's understandble if they're behaving that way to prevent losses but we have to be more wise on our investment plan.

Seeing the market recovering is good but i'm not expecting it to move in that direction consistently. Correction can happen anytime hence i'm more prepared to see it. Anyway, halving is approaching so think of what we must do before it take place.
newbie
Activity: 16
Merit: 0
January 16, 2023, 02:34:23 AM
#62
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.
The market has been on an uptrend over the past few days, and it is still believed that there is still some time before the market recovers, and there are many people who believe that the market is recovering, and it is difficult to predict when the recovery will actually start. Wait patiently for the arrival of the bull market in the market, and seize the good opportunities accumulated now.
newbie
Activity: 32
Merit: 0
January 16, 2023, 02:15:36 AM
#61
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.
legendary
Activity: 2982
Merit: 1028
January 16, 2023, 01:21:07 AM
#60
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.
I don't know why you say there will be no growth this year and expect a new bitcoin decline, but it seems to me that in 2023 there will be a recovery of many coins. That doesn't mean there will be a bullish season, it means that the bearish season will end soon. Markets don't go down forever, nor do they go up forever. There are good opportunities for buyers right now.

I go with the golden opportunities if you have the trust in you. We don't know yet if this might be the start of another good pump or it just a whale dive that can result in another huge dump.

We have to work our way to make sure that we are both ready with what will the market
will bring us while we are inside industry, still have time to research and investigate if
you are still in plan working into this investment,.
legendary
Activity: 2744
Merit: 1111
Leading Crypto Sports Betting & Casino Platform
January 16, 2023, 12:56:46 AM
#59
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?

I don't think that this is already at the bullrun stage because the market cannot be considered bearish or bullish just by looking at its developments in a few days, but the whales always have a target why they influence the market so that the price increases and those who collect when the price is still below $ 18,000 are enjoying the results if he is a short term holder.
When someone feels left behind and chooses to wait for the price to return to cheap, then he is already left behind and does not see the potential of Bitcoin ini long term.
sr. member
Activity: 924
Merit: 275
January 16, 2023, 12:53:11 AM
#58
~
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.
The bullish is confirmed when the bitcoin breaks the strong resistance between $19,000 - $20,000. But it does not mean that we can quickly see the 64k again because there are a lot of resistance ahead and the bitcoin should consolidate for its price to have strong base that is needed when the bullish market appear. Anything is still possible so we should aways have enough plan that we can use to make a perfect decision in any kind of market situation. Dips are normal so we should be prepare of it, it is also one of the best time to acquire market position if we want to do hold in the following months of this year.
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
January 15, 2023, 04:05:58 PM
#57
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.
I don't know why you say there will be no growth this year and expect a new bitcoin decline, but it seems to me that in 2023 there will be a recovery of many coins. That doesn't mean there will be a bullish season, it means that the bearish season will end soon. Markets don't go down forever, nor do they go up forever. There are good opportunities for buyers right now.
sr. member
Activity: 1736
Merit: 267
January 15, 2023, 03:23:49 PM
#56
It's a positive sign that the market is now starting to improve and recover but as for me, we are still far from the occurrence of Bullrun. It could be a recovery phase or just a good pump. Anything could happen at any time and there's still a possibility that we might still go back to the bearish phase but it will be a good chance to take advantage of this period. At least our long wait now has a positive sign of recovery.
Absolutely right that we can't say it is the time of bullrun. Market can go down again from this condition. We should wait more for analysing the market perfectly. But it is really good sign that market is starting to rise. Some positive news and economic condition can be good factors here.
legendary
Activity: 2268
Merit: 1655
To the Moon
January 15, 2023, 03:06:12 PM
#55
...Luckily I don't have any problem with this given that I'm doing DCA and just don't care where we are headed right now.

At some point, your stock of stablecoins will run out and then it will matter to you which way the market will move. Although my opinion is that if you have bought coins, then you are already in a long position, regardless of whether you are trading on the spot market or in the futures.
legendary
Activity: 2464
Merit: 1145
FOCUS
January 15, 2023, 01:40:07 PM
#54
There are a lot of speculations today about where we are headed and people are waiting for some price action if it will be a bull trap or are we going to the accumulation period. I believe that we are on a recovering market and I know that many of us here will agree since it's a good news.  But I'm certain that we are not headed into a bull market.  Luckily I don't have any problem with this given that I'm doing DCA and just don't care where we are headed right now.
full member
Activity: 1610
Merit: 103
The OGz Club
January 15, 2023, 12:21:56 PM
#53
(....)
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,
let's see how strong the Bitcoin price is at $ 20k, if the Bitcoin price drops below $ 20k then we might call it a bull trap,
because indeed the Chinese New Year will usually give a dump to the crypto market, just like in previous years,
yes myself too have sold bitcoin above $ 20k and maybe will buy it back if indeed after the Chinese New Year is over bitcoin is still above $ 20k.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
January 15, 2023, 12:04:40 PM
#52
It feels so good to see how the price of Bitcoin moved from $16k-$20k, but that doesn't mean I should rush and invest with the mindset of the bull run has started while it hasn't. Although I will invest when I feel like.

This is just a recovery stage of bitcoin, as far as the cryptosphere is concerned, the bitcoin price increase is bound to happen at any given time due to its volatile nature. Invest if you can and hodl patiently till the halving season(2024) starts
We had the best time investing in bitcoin a while back when the price of bitcoin was at its previous low. And now, when the price has reached $ 20k, we are still given time to buy it and if we don't start investing now, I'm afraid we will be too late to start because there is no guarantee that this price will decrease again or even go up high and restore market conditions.

The recovery of the crypto market is currently good and there is a possibility that this will continue. So there is still time to participate if we want to benefit from this crypto market.
full member
Activity: 1064
Merit: 101
January 15, 2023, 11:09:42 AM
#51
(....)
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,
Yes, the possibility will always exist, but the most important thing is that we continue to monitor market developments,
for sure we all hope this is not a trap but in crypto anything can happen,
for now the increase that is happening in the market is good news and let's see what it will be like in the future.
full member
Activity: 1708
Merit: 126
January 15, 2023, 10:57:55 AM
#50
It's a positive sign that the market is now starting to improve and recover but as for me, we are still far from the occurrence of Bullrun. It could be a recovery phase or just a good pump. Anything could happen at any time and there's still a possibility that we might still go back to the bearish phase but it will be a good chance to take advantage of this period. At least our long wait now has a positive sign of recovery.
sr. member
Activity: 812
Merit: 349
January 15, 2023, 10:00:01 AM
#49
It feels so good to see how the price of Bitcoin moved from $16k-$20k, but that doesn't mean I should rush and invest with the mindset of the bull run has started while it hasn't. Although I will invest when I feel like.

This is just a recovery stage of bitcoin, as far as the cryptosphere is concerned, the bitcoin price increase is bound to happen at any given time due to its volatile nature. Invest if you can and hodl patiently till the halving season(2024) starts
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