Market is recovering, what steps are you taking? - page 10.

Sanitough

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Quote from: Tervelatuk on July 08, 2021, 06:28:58 PM

Quote from: BaeSuzy on July 08, 2021, 05:38:37 PM

Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

be wise with your investment, always use free money. if you use your salary better to use it for daily need and saving for urgent condition in future. when all of this filled you can use the rest for buying cryptocurrency so when its price drop will not panick to sell. ethereum was good coin in market , but we must wise using our money due market volatility.

I don't get it, what do you mean by free money? is there a way to get free money in crypto so everyone can invest?

If you are talking about bounty money or salary for online jobs, then you don't call that free money as you work to earn it, it should be as valuable as the money you earn from your day job or your business.

Tervelatuk

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Quote from: BaeSuzy on July 08, 2021, 05:38:37 PM

Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

be wise with your investment, always use free money. if you use your salary better to use it for daily need and saving for urgent condition in future. when all of this filled you can use the rest for buying cryptocurrency so when its price drop will not panick to sell. ethereum was good coin in market , but we must wise using our money due market volatility.

tabas

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Quote from: BaeSuzy on July 08, 2021, 05:38:37 PM

Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

That is the strategy what everyone must do. If you still don't have a budget to buy on then wait until your salary comes or make a move that you'll be able to have the capital to buy back as much as you can. If you solely believe to the market and it's on sale right now, you've got to buy while you see the prices are quite low in your own understanding. It's a step that will determine your future so if you buy today, you'll take time to sell it in the future but with better prices.

Golftech

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Quote from: BaeSuzy on July 08, 2021, 05:38:37 PM

Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

Good strategy! just keep doing your research when picking your target assets, most of the time those

project that have solid foundation are the one who's good for long term investment while those pump

and dump project may give you short term benefits but with high chance of losing if you failed to

catch the ride timing.

jambul_kribo

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Quote from: BaeSuzy on July 08, 2021, 05:38:37 PM

Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

you doesnt need to regret with your condition , just be gratefull you didnt lose money in crypto market. we still have chance to earn money by working in bounty campaign or even airdrop program. as long as we hard work and smart , money will come to us again and we could use to start our invest by collecting major coins as your purpose.

BaeSuzy

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Sadly at this momment i don't have any money to spend in crypto, my saving already i spend into eth in last month. Maybe i'm gonna buy more when i got my salary in the end of this month, right now my strategy in crypto is just buy more and more.

Mahanton

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Quote from: lixer on July 08, 2021, 03:44:48 PM

Quote from: laohe628 on July 05, 2021, 04:13:49 AM

I would do nothing, because i don't think the market is clear yet, to be honest, this little rally is a trap recently, luring people into the market in my opinion. This trick has been in use since the end of May, and while the price of bitcoin hasn't changed much, the altcoins have fallen a lot.

Altcoins are so curious really, apart from a few big ones like ETH and BNB, I cannot really trust many altcoins in the market because when the BTC was going bull in the early months of this year, all the altcoins except for a few were sitting relatively stable like Tron didn't move as much as I expected and believed.

When touching out altcoins then i do really consider on getting 3-4 and i wont really be going above with those numbers because not only that my budget permits me but also i dont prefer on handling out lots of coins
in my portfolio.When market is recovering then for those who do risk on buying cheap coins on to those times where market is on the dump state are the ones who do make out money and for those who do just observe
and tend to wait more did really miss out that chance but somehow we can still see lots of opportunities to come because market is volatile you can always have the chance to get in for cheaper prices.
Profitability of someone will really vary on how they would engage and how good they are on their analysis.

Ezravdb

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Quote from: Princeofpoetry on July 05, 2021, 06:32:17 PM

I think the market has not fully recovered, so I'm still waiting for the right time to buy. currently I prefer short term trading with small capital.

Yes, the market recovery hasn't completely happened yet, but if you are more skilled at trading, then there is nothing wrong with running in the short term for small capital, because it can also help you a bit when another downturn occurs in the market.

Vaculin

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Winding down.

Quote from: Questat on July 08, 2021, 04:19:34 PM

If the market is recovering, then that's a good sign, but currently I don't see a real recovery yet.

Yes, I'd never found such a thing as recovery because as we look into the chart this time, prices are drowning back again after a short pump. The previous pumps aren't sustainable and I'd found out that the market is still relying on the trend of Bitcoin and once it drops, altcoins just follow. I'd never think to see a straight uptrend motion this year, still moves in the sideways and that becomes too risky when you are not good in TA unless if your intention is just to hold and wait for the price to spike and then sell.

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Quote from: lixer on July 08, 2021, 03:44:48 PM

Quote from: laohe628 on July 05, 2021, 04:13:49 AM

I would do nothing, because i don't think the market is clear yet, to be honest, this little rally is a trap recently, luring people into the market in my opinion. This trick has been in use since the end of May, and while the price of bitcoin hasn't changed much, the altcoins have fallen a lot.

Altcoins are so curious really, apart from a few big ones like ETH and BNB, I cannot really trust many altcoins in the market because when the BTC was going bull in the early months of this year, all the altcoins except for a few were sitting relatively stable like Tron didn't move as much as I expected and believed.

I will keep hodling all my coins because i think the market is not really recovering yet but experiencing a price correction or might be a bull trap. So i don't have to do nothing but just sit and be patient while waiting for the market to recover.

I can only say that this market is really recovering if the dump will end soon and prices of the coins will start to rise again continuously. I know this will really happen in the nearest time possible but for now, let's just observe the market and see where it will be heading.

Questat

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Quote from: lixer on July 08, 2021, 03:44:48 PM

Quote from: laohe628 on July 05, 2021, 04:13:49 AM

I would do nothing, because i don't think the market is clear yet, to be honest, this little rally is a trap recently, luring people into the market in my opinion. This trick has been in use since the end of May, and while the price of bitcoin hasn't changed much, the altcoins have fallen a lot.

Altcoins are so curious really, apart from a few big ones like ETH and BNB, I cannot really trust many altcoins in the market because when the BTC was going bull in the early months of this year, all the altcoins except for a few were sitting relatively stable like Tron didn't move as much as I expected and believed.

Why only looked on TRON, sure you can see a lot of altcoins that made a new ATH and some even pumped more than what BTC has increased in terms of percentage, so it's really work taking a risk investing on altcoins because they also have the potential to bring big profits.

If the market is recovering, then that's a good sign, but currently I don't see a real recovery yet.

lixer

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Quote from: laohe628 on July 05, 2021, 04:13:49 AM

I would do nothing, because i don't think the market is clear yet, to be honest, this little rally is a trap recently, luring people into the market in my opinion. This trick has been in use since the end of May, and while the price of bitcoin hasn't changed much, the altcoins have fallen a lot.

Altcoins are so curious really, apart from a few big ones like ETH and BNB, I cannot really trust many altcoins in the market because when the BTC was going bull in the early months of this year, all the altcoins except for a few were sitting relatively stable like Tron didn't move as much as I expected and believed.

Meta anggraini

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Quote from: Distinctin on July 01, 2021, 06:46:56 PM

Quote from: Meta anggraini on July 01, 2021, 06:11:46 PM

I try to buy some dip altcoins which i trust like EOS, IRIS, CLO. Its only small bag since i wont risk many because BTC have possibility to have more down trends.

Just invest the amount which you can afford to lose. It really has a bigger chance to generate huge profit if we have huge capital but we should remember the risk here and we set some limitations for that. And besides, if we have some extra money, then we have to buy more.
Not only it matter how much we invest but also matters the coins we choose. If we choose the right and potentially profitable, that might surprise you in the end.

TBH i didnt have any plan to lost it all, i would stake them until reach my target. Its why i only plan to invest on small bag, so i didnt shaking when the market keeps drowning.

Ndlongap Ndlongop

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Quote from: TribalBob on July 06, 2021, 08:59:06 AM

Quote from: QueenVera on June 28, 2021, 03:37:51 PM

What are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

the current state of the market has not fully recovered, to buy coins maybe I will go to ETH and waves for short term trading with small capital, quite a profit for this week

Buying eth or coins that have a large market cap is certainly a better thing when the market has not fully recovered, I also do that, putting money on ethereum, binance and Ripple is the most appropriate thing at this time.

aylabadia05

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Quote from: QueenVera on June 28, 2021, 03:37:51 PM

Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

For now, I dare not make the decision to buy. Because I made the decision to buy several times when the market recovered, but not long after I made that decision, the market went bad again.
From that experience, the attitude to be careful is very important.

Quantum907

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Quote from: QueenVera on June 28, 2021, 03:37:51 PM

Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

I think that the market will recover soon, looking for altcoins that are performing well and with a market cap of over $1 billion is what I usually do to make a profit when the market looks good.

TribalBob

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Quote from: QueenVera on June 28, 2021, 03:37:51 PM

What are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?

the current state of the market has not fully recovered, to buy coins maybe I will go to ETH and waves for short term trading with small capital, quite a profit for this week

Princeofpoetry

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I think the market has not fully recovered, so I'm still waiting for the right time to buy. currently I prefer short term trading with small capital.

cunguks

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Quote from: Ezravdb on July 06, 2021, 08:24:59 AM

Quote from: Princeofpoetry on July 05, 2021, 06:32:17 PM

I think the market has not fully recovered, so I'm still waiting for the right time to buy. currently I prefer short term trading with small capital.

Yes, the market recovery hasn't completely happened yet, but if you are more skilled at trading, then there is nothing wrong with running in the short term for small capital, because it can also help you a bit when another downturn occurs in the market.

you are right, the current market will be very profitable for those who are experts in short-term trading.
just look like BNB, ETH, and BTC. the markets all have interesting moves, after the recovery, there will be a correction and then a recovery again. situations like that happened many times after yesterday's dump. This is very profitable for those who dare.
the current market may still be risky with a deeper dump. but at current prices, the market still looks very strong.

junkerr

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Quote from: ?? on ??

I think the current market is very volatile. There could be a big fall in the market at any time. So I converted my asset to stablecoin. So I don't want to buy any other coins now. However, if I think the market condition is good, I will buy coins again.

aren't you in too much of a hurry? it is safer with the stable assets you have. I also panicked when BTC fell quite badly. and convert to the stable coin. but for a moment when I saw the market seemed to be in a quick fix trend, I switched to altcoins. and I was lucky to get a little profit.
now maybe I will go back to coin stable, but not completely. because there are several possibilities that the market is actually in a good trend.

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