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When it comes to Bitcoin, mostly it just becomes whales trap actually.They're just waiting to take panickers money for sure. If some people were already holding it since 2019, I am pretty sure they're quite used to those ATL.
It is nothing new.
Topic: Market is recovering, what steps are you taking? - page 12. (Read 10728 times)
They're just waiting to take panickers money for sure. If some people were already holding it since 2019, I am pretty sure they're quite used to those ATL.
It is nothing new.
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.
Yes, if you still have doubts because of the current market conditions, it's better to be quiet and don't do anything, because being optimistic at work is a very important thing to have, because without it a person will not get anything from the work he does. 
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.
In today's world, we can't predict market. in few minutes market crashes like volcano eruption, but while dip, there has been room created for new comers to join the ride.
I personally bought some emerging Altcoin i.e. Solana, VET and WAXP token. Everyone should take advantage of market dip because it is obvious that market will boom for sometime again. It is all about taking risk.
I personally bought some emerging Altcoin i.e. Solana, VET and WAXP token. Everyone should take advantage of market dip because it is obvious that market will boom for sometime again. It is all about taking risk.
I still wait for the market recovery, these small steps towards up are fake unless the weekly candle breaks resistance levels. After a huge drop, I wanna add more Eth to portfolio, the potentially bigger trend can be real on next market cycle.
previous weekly candle was bullish , and looks like today bullish candle will formed well. its could indicated market starting recovery after several weeks consolidatiion , perhaps bitcoin could reach and back to $42k again in next several weeks. 
I still wait for the market recovery, these small steps towards up are fake unless the weekly candle breaks resistance levels. After a huge drop, I wanna add more Eth to portfolio, the potentially bigger trend can be real on next market cycle.
So you are high on ETH, in my opinion we already saw the biggest rally we could gather in this hype and the development they are doing is complex and there are many who are staking the coins for months and it might go up to a year and anyone planning to stake the coin already invested in ETH and where do you think the push would come. If the investors are willing to pump the market to create the hype it is possible but accept the fact that the correction would be bigger as well. 
I still wait for the market recovery, these small steps towards up are fake unless the weekly candle breaks resistance levels. After a huge drop, I wanna add more Eth to portfolio, the potentially bigger trend can be real on next market cycle. Maybe next cycle will bring more opportunities but we can't predict what will happen.
This kind of bull run market inspires me to make investments. As recovered to 42k (Bitcoin) before 1.3 billion USD of Elon musk. I don't like manipulating the stock or crypto market. I also think you are right that it's safe to invest in altcoins. But we should do our own research. Bullrun opportunities are short and risky, but running opportunities are more reliable and risk free.
The Elon Musk tweets shouldn't be considered as the advice by wise man, he simply manipulates the market with the all available tools he can. The risk-free opportunities don't exist in volatile crypto market, so better to accept the loss before clicking trade buttong on the trading platforms. For example, remember the Doge tweets by Elon and the big speculation to accept BTC as payment method for Tesla, he is busy with accumulating more cryptocurrency, nothing else matters for him at the moment.
My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction.
We better make sure if it is a trap or the recovery will continue. When it come to altcoin We must really alot time to monitor it as there are times that the other altcoins will just form hype in a span of time and may not recovers at all. If the market continues to recover without any news regarding the economy then it can be safe to say that it is going to recover and a safer trade can ve done .My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction.
We better make sure if it is a trap or the recovery will continue. When it come to altcoin We must really alot time to monitor it as there are times that the other altcoins will just form hype in a span of time and may not recovers at all. If the market continues to recover without any news regarding the economy then it can be safe to say that it is going to recover and a safer trade can ve done .My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction.
We better make sure if it is a trap or the recovery will continue. When it come to altcoin We must really alot time to monitor it as there are times that the other altcoins will just form hype in a span of time and may not recovers at all. If the market continues to recover without any news regarding the economy then it can be safe to say that it is going to recover and a safer trade can ve done . 
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?
My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction. 
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?
at this time I will not buy any coins, by looking at the very very bad market condition, maybe if it falls deeper I will just start buying if at this time it is better for me to hold the existing one
honestly i am prefer to wait market pullback to see it is valid recovery or only bull trapped. this is my safest strategy to safe my money in uncertain market condition , we often to see market drop hardly after touch resistance and personally i am worry if this is bearish continuation. so waiting pulbck was my best strategy in this recovery to make sure .
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?
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 see now is the right time to buy, and as a result we can see that the market continues to move positively, I am happy to buy 0.37 ETH when the price was $1980 and now the price is $2200, if I have more money then I will buy again because with crypto then our money can grow up instantly.
Just wait for a while, don't get rush to sell you Bitcoin, and much better to buy some for taking the opportunity while it is still cheap.
Buy while it's cheap and don't sell when it's cheap. I don't sell bitcoins when it's low and that's quite disappointing when you have to sell at lows because there's a need to do so. But as much as you can, don't sell it if you are at loss. And while the market is still recovering, buy those cheap bitcoins already!
But don't be expecting more like we are moving for a huge comeback, sideways is always to see. If that it moves back at $40k it is good but dumps will then follow next. This what we have experience in the past few days and that might be the same in the next few days. Only just we need to have some fate.
Yeah, an expectation that we shall go back to $60k+ as quick as it can is quite hard to assess. There's no assurance that we'll get back there asap.
Just wait for a while, don't get rush to sell you Bitcoin, and much better to buy some for taking the opportunity while it is still cheap. But don't be expecting more like we are moving for a huge comeback, sideways is always to see. If that it moves back at $40k it is good but dumps will then follow next. This what we have experience in the past few days and that might be the same in the next few days. Only just we need to have some fate.
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?
Since I can't see bullish market signs, I stay away from investing more in crypto market. The consequences of chasing long positions can be big in case of market goes south side, instead of risking on flat market to find the market direction I am fully sitting on USDT. After the BTC price crossing some price levels I will consider buying more. Otherwise, waiting the uptrend can be boring and better not to trade instead of making wrong trading decisions. It is hardest part to wait for uptrend. 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?
Is it really recovering? I don't know, mate. I still have my doubts about it. Since the big dump, we have witnessed Bitcoin price recovering some. But things have changed very quickly. Now, I think that we can observe the same pattern. So, I have started waiting to make sure.
I personally decided to just give a bit of a break on going with the whole altcoin thing. Don't get me wrong I already have plenty of them, not a lot of money in most of them but I still have a lot in number of coins instead of amount of dollars, each with just few tens and so forth and combine doesn't even make too much.
However instead of looking into finding more and more new stuff, I just decided I am going to grow my current portfolio bigger as it is. Instead of putting that money into new stuff, I am going to invest it into the one that dropped the most, and then keep going like that until I have more of these coins instead of brand new coins. That way I do not even have to work too hard or research anything neither because I know these coins and I trust them as well, it is good enough for me so I am not going to really bother checking out new stuff.
However instead of looking into finding more and more new stuff, I just decided I am going to grow my current portfolio bigger as it is. Instead of putting that money into new stuff, I am going to invest it into the one that dropped the most, and then keep going like that until I have more of these coins instead of brand new coins. That way I do not even have to work too hard or research anything neither because I know these coins and I trust them as well, it is good enough for me so I am not going to really bother checking out new stuff.
Truly speaking, i do not have any choice but to just watch the market. Looking at so called dips, i invested all my investment(which was for investment) into the market. Hope market will recover soon so that it can give good returns.
My personal attitude is of course waiting for the right time to release my altcoins, even though the market conditions have recovered I will not let go of the assets I have before achieving the previously planned target maybe the next 1 or 2 weeks the market movement will continue to improve. I think like that!!
For me, it's too early to say the market will be preparing for another bull run once this market recovery will continue. I do think this is more of a correction or another trap so we can buy at quite a high price and big players will laugh at us seeing that we are starting to lose again. Maybe we will continue buying while waiting for another dip. The market is definitely uncertain so if we keep on doing things without proper thinking and analysis, then we are making things worst for us. Jump to: