Please tell me, its getting on my nerves already. I lost 40% lately on stupid moves and i need to recover. Is it safe to invest back in alts now. What can we expect in next 1-2 months. Anybody has a glass ball? I see green candles today. Can it be next bull trap or the market is recovering now?
First and foremost, don't get my couple of cents as an expert's take. Secondly, never let your emotions run your decisions. It will be a tragic end to your portfolio if your emotions prevail. Avoid it.
The market has been unreliable these past few days. Green candles do not mean recovery. They simply signify growth. Up to what point, we are not sure. What I am a bit positive about is that the prices will not go down deeper anymore. There will be decreases in prices but not that big anymore, after all the red candles that we've seen in the last several months. So, I think it is safe to get back to alts right now. There might be a longer waiting though for your gains.
Yes, green candles are only good signs if there are a few of them side by side. If you've got a long daily green candle that's bigger than the red one on the left, followed by another green, you've got a good chance of a strong increase.
No one here will have an answer for you until it has already happened. That's the thing about markets--you can never predict them, but you can position yourself for good profit if they do go in the direction you want. You just have to make sure that you aren't in a position to lose to much either. Keep the risk low.
another 4 months to go. Let's see 
