Market is recovering, what steps are you taking? - page 16.

btcltcdigger

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To boldly go where no rabbit has gone before...

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?

The real action should have been taken about a week ago during the bottom.
Now, just wait for the price which suits you and sell

yazher

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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?

That's how the crypto market works that's why most of the time when the bearish trend takes place, the first thing you need to do is to practice patience and perseverance. You also need to have a good mindset that the market will recover after it. As we can see, it might not recover that big again but when it starting to get well, it will continue for a short time or directly to recover its lost value again. There is also some tendency that it will create another ATH but the bottom line is, it will recover as soon as possible.

Jackl87

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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 would still be careful as we don't know yet if the market really starts recovering or if we are just experiencing a few days of rising prices before it the trend goes downward again. I hope that Ethereum can stay above 2000$ now for a while and then starts climbing again towards 2500$ and higher but i am rally not sure if that happens. It can also go down towards 1500$.
As to what steps i am taking now...none to be honest...i hodled through the rough last 8 weeks or so and saw my portfolio, which consists mostly of small cap altcoins, shrink down to 1/10th of its ATH value from back in April. So now that i am back at 1/8th of that value i will keep waiting of course.

maxreish

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One thing I am going to do:

- STILL HOLD

As I am one of those who still stucked on this market and although I am expecting it to be bearish but the massive drop really upset the hell out of me and did not convert it into stable coins. Anyway, whatever it takes. Holding patiently will be the solution to achieve again some profits. Seen this situation before but I manage to still keep my coins, bull is just around the corner.

maydna

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Quote from: fielkun on June 29, 2021, 02:38:07 AM

Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.

You have a good list of coins. Sooner or later, the market will turn green, and this time, the market is trying to increase. Although it seems hard to rise, it will still rise at the right time. The profit will come back to us, and we need to have more patience. I already buy some coins before, and now I am just waiting for the time to see one by one of the coins increase higher.

The investors will still buy the potential coins, especially buy bitcoin for more because they know bitcoin price can increase anytime. They just don't want to be late to have more bitcoin before the price increase.

trauchot

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I think that now there is just a slight growth of the cryptocurrency market, which will end in the next few days, or somewhere in a week or two, and then the next correction of the cryptocurrency market will start again, so for now I just watch the movements of the cryptocurrency market and I just wait for the next correction, because I have already made a list of cryptocurrencies in which I will invest when the prices of these cryptocurrencies will fall very much.

[email protected]

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Quote from: Dr.Osh on June 29, 2021, 01:54:39 AM

In fact, so far I'm still holding onto the altcoins I own since bitcoin's price is still at $58000. however, I may incur a sizable loss, but so far, I'm still trying to hold on to my altcoins until the bitcoin price is at $44k. however, I believe altcoin prices might recover, even more than 40% recovery is enough to make me come back quite satisfied.

You have the power to hold on to your assets despite the losses that pose a threat to you.
you also have a good plan for the altcoins you create. although you certainly hear a lot of communities who actually voiced the state of the market will get worse. because the current movement is more towards improvement. this is profitable for you. Hopefully, your target can be achieved more quickly.

but overall I believe, many holders have released their assets because of the dump that occurred some time ago due to panic. and perhaps they have now regained the confidence to enter the market.

fielkun

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Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.

Ceyflix-Rez

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I think the market is simply giving everyone another chance to sell and exit, this isn't a new bull market coming back and moreover BTC at 30k isn't a full bear market yet so I believe there will be more red market in coming weeks, this isn't a buying season

lienfaye

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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?

I already buy additional coins week ago so just waiting for an increase to take profit.

There's nothing much to do but to analyze the market for the possible movement on the coming days.

If you're planning to invest in crypto its better to do it now before the market recover consistently.

X-ray

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Quote from: lablab03 on June 29, 2021, 01:26:42 AM

Making TA is always the best way if you see market is gradually recovering because you can't tell if it's safe to make investment or not if you will not make your own research and technical analysis before making decisions.. Its like you just dive in to the trap.

even TA can't 100% sure that it can save our ass from the traps, etc. The market of cryptocurrency is rather unstable not to mention when there's a lot of fud that could make technical analysis become rather useless since those fuds that coming out from big country like china for example could change the market direction like almost suddenly, good thing though it's now not really that vulnerable, i'm personally just wait until the price reached my targets then I executed my transactions.

Dr.Osh

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In fact, so far I'm still holding onto the altcoins I own since bitcoin's price is still at $58000. however, I may incur a sizable loss, but so far, I'm still trying to hold on to my altcoins until the bitcoin price is at $44k. however, I believe altcoin prices might recover, even more than 40% recovery is enough to make me come back quite satisfied.

Mauser

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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 also think that markets are recovering. At the end of the year we will likely see higher prices again. My plan is to take advantage of the current levels over the summer. I want to buy every month now atleast 2 different alt coins for my portfolio. I am trying to save 15-20% of my salary until October and buy a lot of new coins.

ethereumhunter

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When the market starts recovering, that will be the time for us to prepare to sell our coin at the price we want. But if you want to hold your coins for the long term still, you do not have to do anything except just waiting for more. At this time, I still wait and see what happened to the market and if I see the market is down for more, maybe I will buy for some amount.

lablab03

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Making TA is always the best way if you see market is gradually recovering because you can't tell if it's safe to make investment or not if you will not make your own research and technical analysis before making decisions.. Its like you just dive in to the trap.

onecall123

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I'm not convinced with this market condition, simply feel like you are in rush to offer such expressions. What makes you think the blood letting is finished? I don’t understand, do you mean it's continuing the bull market for awhile! Might be possible reversal however we are as yet in a bear pattern. I'm not seeing a tradable pattern on this market. Are you seeing something?

Nivia1st

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I don't know, I'm still confused about what I'm going to do next. in fact I'd hope the market gets worse so I can buy cheaper. and this recovery throws my plans into disarray. I'm currently hesitant to buy because my analysis says the market should fall deeper. but in reality the market stops at this point. I keep thinking about buying now or sticking to my plan.

asriloni

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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 community was buying more and more coins at the bottom price, I personally will not wait for the new market development and i will try to enter in the market when the dip has come.
The dip has become the best chance to make money instantly once the market will start to recover again soon.
I think there are lots of crypto traders were also doing the same thing like me too.
No risk no gain and you must remember this dude. You will never become a rich person if you didn't even wanna take the risk

kidbounty

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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'd better wait until the market completely recovers and the situation is much better than it is now. I'm afraid this is just a momentary recovery for a deeper fall. The impact of bad news about crypto mining and China's ban is still being felt. so I better play it safe by waiting for the situation to get better.

fvb

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I bought a little recently. Now we will have to wait, since firstly there are no free assets, and secondly, I decided to see what will happen next. I trade little by little on the stock exchange, but this is for sports interest.

Topic: Market is recovering, what steps are you taking? - page 16. (Read 10751 times)