Market is recovering, what steps are you taking? - page 2.

Sanitough

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Quote from: CaptainCrapper on August 13, 2021, 08:50:13 AM

Quote from: QueenVera on June 28, 2021, 04:37:51 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?

Yes, you are right I have also trying to invest some good news based coins or tokens and maximum I am trying to invest own blockchain base token just like TRX and ETH and BTC, etc I am choosing this type of coin or token if the market pump this type of asset must increase day by day. I think you can make a good decision for trade.

TRX is still undervalued now, that's according to my own perception only. While other coins are reaching a new ATH, TRX still has struggled to break its ATH despite the market is already so bullish. Maybe this one is a good long-term investment as we can also see that the team is really working.

CaptainCrapper

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Quote from: QueenVera on June 28, 2021, 04:37:51 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?

Yes, you are right I have also trying to invest some good news based coins or tokens and maximum I am trying to invest own blockchain base token just like TRX and ETH and BTC, etc I am choosing this type of coin or token if the market pump this type of asset must increase day by day. I think you can make a good decision for trade.

smyslov

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Quote from: QueenVera on June 28, 2021, 04:37:51 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'm not part of FOMO I already picked and bought coins that I think will have a huge potential when the market moves up, it's always preferable to pick the right coin to buy when the market is down, you can save a lot of money and you don't have to hurry to fund your wallet to buy coins that are going up and some coins are going because of manipulation.

tanjiran

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until now I'm just holding with a smile looking at the eth chart. I am neither a trader nor an investor, just a small trader who raises capital from bounty hunting. I collect eth little by little from the bounty rewards, so I don't have much to do while patiently waiting. rather than taking the risk of joining a new project, I prefer coins with great potential and strong fundamentals like ETH.
the market is still in good energy, but things can change so quickly without any predictions, so take the safe route.

letyouearn

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Now it's the best time to enter the market I bet. Altcoin season is coming and we will likely see some good rally in September. Just keep calm and accumulate strong projects.

Hypnosis00

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Quote from: cryptoknightt on August 12, 2021, 02:27:43 PM

The current moment I think is still a bull market, where everything looks green and only Eth looks very excited this week. In this state I'm not waiting and not buying, just still holding on. I fully believe this will last until the end of next year.

All eyes on ETH as it's more profitable that bitcoin now.

People are speculating more for ETH to reach $4k than people thinking that bitcoin will reach $50k anytime soon.
This is a bull market, the movement is very positive for both altcoins and bitcoin, and we only see this when the market is already in bull run.
Probably more success ahead, so keep holding and trust crypto.

CryptoLogo

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Quote from: mulia sabee on August 02, 2021, 05:19:00 AM

I don't think you need to wait until 30k, for now if you have a large balance you can buy bitcoins. I think the price increase in the future will be higher than the previous increase, hopefully what I say will come true

In any case, it will not be superfluous to watch how bitcoin passes resistance levels. All the same, buying it at a price of 30k will be much more profitable than at 40k.
Personally, I fear that when returning to 30k, bitcoin will fall even lower, to 25k levels. I think what we are seeing now is a bull trap.

Sweetbtc

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Dump3er

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Quote from: perla on August 11, 2021, 08:16:15 AM

I think at first it was a bull trap but now it looks like it's really recovering, I didn't managed to load my bag right now and I think it would be too late now if I tried to load it. I was just curious about what are the other user's steps about this market recovery. I would like to know if its still safe to enter the market or to load some coins?

It never really looked like a bull trap to me. I am not an expert for technical analysis, not at all, but we have seen these situations before. It was unlikely to dump further as the range and type of investors is much wider and more heterogenous. There are all kinds of people and institutions involved now who all would consider a 50% drop a buying opportunity. when the investor group was more of the same kind, there were less outsiders to jump in and support the price again. I don't think Bitcoin will ever drop below the $30k range again.

perla

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I think at first it was a bull trap but now it looks like it's really recovering, I didn't managed to load my bag right now and I think it would be too late now if I tried to load it. I was just curious about what are the other user's steps about this market recovery. I would like to know if its still safe to enter the market or to load some coins?

Plinteng

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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. but if the market situation in the next week is still in the green, maybe I will change my mind and maybe invest 20% in the top coin of my choice.

avarnet

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If I prefer to wait and see new developments in the crypto market to come so that it can make me more focused and thorough in choosing coins that have the potential for me to invest in order to be profitable in the future, I also don't want to bother and take big risks in investing and prefer to be vigilant and careful and make a decision

ZAINmalik75

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Yeh I know according to some senior crypto enthusiast that market will pump above to 45k and after that market has too much chances to dump to 35k . so I am ready for this dump if it come. And if it doesn't dump I will start work on Technical Analysis because when market become stable Technical Analysis start work correctly and help me to earn some pasive income

livingfree

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Quote from: Fredomago on August 09, 2021, 08:36:14 AM

Quote from: livingfree on August 09, 2021, 03:17:40 AM

Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

Experienced gives them that confidence to continue doing this business, they are more aware of the market movements and they are aware of certain risk that they need to face.

With all that, they are still willing to move forward and see their fate if this will bring them decent amount of benefits.

Keep in mind that losses are part of this business and with that you'll learned how to use all your resources in a much better rate of success.

Well, if you have enough experience.

You don't panic and you only watch the market where it's going to be so that you can have your decision and plan to be executed at the right time.

I'll rephrase that for you, loss is a part of trading and investments.

TribalBob

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Quote from: QueenVera on June 28, 2021, 04:37:51 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 don't have free money in my pocket so I just wait until the market is good and sell all my old assets that are stuck in the exchange, and I don't want to be greedy, and if I have the opportunity I will buy again when it has dropped to my target buy price.

Pandji02

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Market is on recovery again. Now i'm just doing nothing and holding my coins. Glad i took opportunity to buy BTC and ETH while they was on pretty low point.

cheezcarls

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Quote from: QueenVera on June 28, 2021, 04:37:51 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?

First of all, don’t be too greedy. If you’ve already made profit during the market recovery, it’s better to take profit and be happy about it. I’ve learned my lesson the hard way when I am too greedy with all of my holdings until that crash due to China’s crackdown and Elon Musk’s bearish statements regarding “environmental concerns” of Bitcoin mining.

Remember that cryptocurrencies are considered as high risk due to it’s volatility. This is why from now on, I would rather take profit and be happy than just being greedy, and buy back when it dipped at my targeted buying price.

Fredomago

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Quote from: livingfree on August 09, 2021, 03:17:40 AM

Quote from: Dump3er on August 08, 2021, 02:07:16 PM

Quote from: livingfree on August 08, 2021, 12:05:34 PM

Quote from: irsada on August 08, 2021, 10:14:34 AM

-Snip-

Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

Experienced gives them that confidence to continue doing this business, they are more aware of the market movements and they are aware of certain risk that they need to face.

With all that, they are still willing to move forward and see their fate if this will bring them decent amount of benefits.

Keep in mind that losses are part of this business and with that you'll learned how to use all your resources in a much better rate of success.

Lily Garver

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Activity: 48

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I have gone through these three stages:
1. When I first entered the market, I was very happy to buy coins and make a little money.
2. Very confident, I was born a genius for speculating coins, and then I lost everything and I slowly became depressed.
3. The heart is still like water, the clouds are calm, and I continue to buy coins when I work, but I won't sell them this time.

livingfree

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Quote from: Dump3er on August 08, 2021, 02:07:16 PM

Quote from: livingfree on August 08, 2021, 12:05:34 PM

Quote from: irsada on August 08, 2021, 10:14:34 AM

I prefer to take the risk than to be left behind in the step.,,, time can't go back so I believe the market has started to go bullish and it's time to buy because risk has become a part of crypto.

Risk won't definitely be gone with crypto.

It's associated with it and that's going to stay forever and to those investors that still don't have a decision if they're going to buy right now or not.

Don't just create decisions that you'll regret soon. Crypto is going to stay here and if you don't invest and don't have a long term plan, it's a must to think before buying.

It is certainly going to stay forever and we should be honest and admit that the risk reward ratio in crypto is what many people gets excited and involved. The large majority of market participants doesn't fully understand the tech nor do they put in several hours per day to stay up to date all the time. They love to play around, put their portfolio together and hope to get a bit lucky here and there if possible. The hardcore guys who really try to be on top of the game most of the time are probably also doing this for a living.

Yes.

It's true that the ratio of the risk and reward makes it more interesting and understandable. Especially for those people that are already in investments and understands the technology.

They won't doubt about it and will only be needing a couple of time to invest.

Topic: Market is recovering, what steps are you taking? - page 2. (Read 10728 times)