Market is recovering, what steps are you taking? - page 8.

Ziskinberg

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Activity: 3010

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Quote from: Sendi blackspade team on July 26, 2021, 09:47:51 AM

Quote from: Westingcote on July 26, 2021, 06:55:32 AM

Buying as many Bitcoin as I can manage and keeping them for a long time to come altcoins will probs benefit from the run that Bitcoin is going to go on but not as much as Bitcoin.

what you say is true. but the strategy of buying as much bitcoin as possible must also be at the right market moment.
to be honest, if I had big capital I would not buy bitcoin at the current price. indeed there is potential for ATH, but believe me, it will definitely take some time we don't know.
the momentum will be right when we can get a lower price and hold it for the long term.

The best timing to buy bitcoin is when the market is struggling, which means when the market is bullish. Each one of us who invest does not really hold long enough to enjoy our profit, as much as possible, we want to buy the cheapest so we can enjoy our profit the soonest. Most of us can't wait for 3-5 years of holding, 1 year is even longer for others, so timing is really important, and you can get the right timing if you study the market well and continue to educate yourself.

Sendi blackspade team

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Activity: 941

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Quote from: Westingcote on July 26, 2021, 06:55:32 AM

Buying as many Bitcoin as I can manage and keeping them for a long time to come altcoins will probs benefit from the run that Bitcoin is going to go on but not as much as Bitcoin.

what you say is true. but the strategy of buying as much bitcoin as possible must also be at the right market moment.
to be honest, if I had big capital I would not buy bitcoin at the current price. indeed there is potential for ATH, but believe me, it will definitely take some time we don't know.
the momentum will be right when we can get a lower price and hold it for the long term.

Qirtov

jr. member

Activity: 121

Merit: 1

when the market starts to recover what I will do is control myself so as not to be greedy by increasing the predetermined profit, this is very influential because we can't predict the market easily, no one knows if the market suddenly drops so this should be wary. better to get for not so much than having to lose with time and peak market trends.

Westingcote

member

Activity: 110

Merit: 131

Buying as many Bitcoin as I can manage and keeping them for a long time to come altcoins will probs benefit from the run that Bitcoin is going to go on but not as much as Bitcoin.

Gayong88

member

Activity: 1540

Merit: 22

Today the market is predominantly green and BTC shows a decent price increase, although it hasn't fully rebounded. I myself only make short-term trades and only use 30% of my trading account for the reason to minimizing the risk value in the event of a decline at any time.

Chuky92

copper member

Activity: 966

Merit: 5

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?

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.

armanhusni

full member

Activity: 644

Merit: 100

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!!

mulia sabee

full member

Activity: 910

Merit: 102

if market conditions have improved then you should not be rash in making decisions, or sell all assets owned !! I think it's something wrong, if it can last for a few sensitive times in the future, maybe the market will continue to improve. I think like that

Alexmagn84

member

Activity: 517

Merit: 10

There are oceans of negative information out there and it won't make crypto great any second. They deliberately do it to shake out financial backers who purchase high and sell low while these market creators are short at it. The market is still excessively hazardous and I never put my resource just at 1 crate. Best advance do investigate, don't face challenge to a lot, better consistently do minimal specialized examination and check key consistently.

Hobo66

hero member

Activity: 1344

Merit: 502

We have been pumping and dumping for months with a slow decline but longterm indicators point to a possible change. I would personally wait or DCA over a few weeks. We just had a big dip and now big spike.

indo1

sr. member

Activity: 1918

Merit: 256

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But at the moment it could be a false trend, usually a false trend occurs when the market is bearish, but it rises slowly without any good news. I will wait until the market is completely stable to re-enter.

lienfaye

hero member

Activity: 3024

Merit: 629

Quote from: slaman29 on July 26, 2021, 02:14:06 AM

Loving the growth, but I have to admit this kind of pump always makes me a little nervous, especially when it happens over the weekend, with no news to look at as a reason, then it kinda says "pump scheme". I always prefer slow and easy and steady, rather than fast and furious, since we all know what happens when people come down from a pumped high:) Anyway, let's see. 40k should be broken otherwise we lose confidence again.

Im also surprise for the sudden pump of btc and altcoins but thats how it works right? Volatile and unpredicted. Maybe whales are taking actions or there's a good news circulating but still unknown yet.

This situation is not permanent, the increase might go further or correction will happen again. Thus we need to be more wise and decide base on what we believe in and what can benefit us more.

slaman29

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Quote from: Sithara007 on July 25, 2021, 11:22:10 PM

The prices went all the way up to $28,000 and by now it has recovered to $38,000 in a matter of few days. Those who were waiting for $20,000 to accumulate BTC will be very disappointed. Somehow, this reminds me of what happened in 2017. Back then also, we had a sharp dip sometime in July-August. But the prices stabilized in two months, and from October onwards the bull run stated which took Bitcoin to an ATH. I am quite hopeful of such a bull run occurring by the last quarter of this year as well. The rumors about Amazon are quite encouraging. If it's actually true, then we can expect BTC to break the six-digit level.

Loving the growth, but I have to admit this kind of pump always makes me a little nervous, especially when it happens over the weekend, with no news to look at as a reason, then it kinda says "pump scheme". I always prefer slow and easy and steady, rather than fast and furious, since we all know what happens when people come down from a pumped high:) Anyway, let's see. 40k should be broken otherwise we lose confidence again.

Fredomago

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Quote from: guydin on July 26, 2021, 12:01:41 AM

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 can't agree that the market is ready to recover now. It is a hype in another sphere, mostly people bring their money in NFT gaming. But not to be doubting, I just stick to the strategy of buying Bitcoin, Ethereum, BNB and some other good coins on a regular basis and on drawdowns, when the price is lower than my average. So I don’t care about temporary price fluctuations.

And with that kind of mindset, once the market fully recovered and bring a much stronger bull around expect to earned a lot from your investment.

It happened before, those who chase for long-term investment maximized their profits after reaching new high, imagine even you over bought from the year 2017-2018 and keep it till this year, your profits still decent right?

Not many have this kind of mentality, only those who have a huge patience really benefits a lot from this business.

memed97

full member

Activity: 1148

Merit: 101

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?

Yes, it's true that at this time the market is falling, many coins are experiencing a decline, here we must be very careful in buying some coins, it is important to analyze carefully so that the risks of loss are avoided, For now I still have some TRX coins and I have not decided to sell it, with unstable market conditions I will wait for the market to completely recover, at least I can get a little profit.

guydin

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Activity: 686

Merit: 103

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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 can't agree that the market is ready to recover now. It is a hype in another sphere, mostly people bring their money in NFT gaming. But not to be doubting, I just stick to the strategy of buying Bitcoin, Ethereum, BNB and some other good coins on a regular basis and on drawdowns, when the price is lower than my average. So I don’t care about temporary price fluctuations.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

The prices went all the way up to $28,000 and by now it has recovered to $38,000 in a matter of few days. Those who were waiting for $20,000 to accumulate BTC will be very disappointed. Somehow, this reminds me of what happened in 2017. Back then also, we had a sharp dip sometime in July-August. But the prices stabilized in two months, and from October onwards the bull run stated which took Bitcoin to an ATH. I am quite hopeful of such a bull run occurring by the last quarter of this year as well. The rumors about Amazon are quite encouraging. If it's actually true, then we can expect BTC to break the six-digit level.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: Golftech on July 08, 2021, 06:20:27 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.

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.

More specifically project with solid foundation and good marketing, I have seen many project with solid foundation fails miserably because they are lacking the marketing and fail to make the project known to many people as a result very few coin holder and the growth is very slow. Even in my opinion I always consider marketing to be very vital, you see even meme coin that has nearly the same feature as any other could become popular because proper marketing.

Niobeh

member

Activity: 275

Merit: 11

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 Ill invest more today while it is now in bearish mode. While the price are down. Ill do some trading while I wait. I will not expect the price to rise thats why I just invest what I can seem I can lose

Nazmul012

full member

Activity: 799

Merit: 100

I have a little cash in my bag but as a normal investor, i don't care what people doing, i Just would like to wait for next dip. Although market may look friendly but already crypto industry is surrounding by lots of negative news that could be so effective, in my statistics. Even market went down many time within this months. So don't want to take my position in market at this moment

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