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?
Currently the market is showing good signs of recovery with Bitcoin reaching a high price unlike previous weeks, thus bringing a kind of positive mindset in the crypto market with a lot of people saying the bull is back. But even at that, there are still a lot of people who are skeptical and thinking it is trap, while on the other hand, some people claims it is still bearish until Bitcoin reaches $45k.
Nevertheless, no matter what is happening, I have started monitoring the coins I want to stock up on while buying in very little quantity just to be on the safer side. In addition, since the market might point towards NFT tokens as we have seen for some days now, I have started studying the projects that are good and should the bull market return we might see massive growth in such tokens.