Still a good time to invest or not - page 7.

Ridwan Fauzi

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

First of all, I want to know your strategy first, what will you take at the current situation? Investing and trading is not about guessing the movement price but you have to know the reason why behind the movement price itself.

If I were, I'll quite my trading activity right now or if I in the entry position I'll sell first before it late. I predict that bitcoin price will fall, there is bearish sign especially from the weekly candle. So, I'll put my entry position in the $30.000 area and using high leverage. Remember, it will be the same with altcoin price movement.

Willitivity

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

Why do people always prefer buying when they start seeing some upward movement in price, its funny how no one asked this when everything was dumping, but I guess the fear in we humans always get the best part of us, whenever the market is dumping people are scared of buying instead they sell their holdings, well since the market has started to gain some upward momentum it's still a good time, since eth is still below $2k, there's still a chance to make some profits cause it will surely retest that $2k and maybe create a new ATH.

crzy

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

There’s a lot of possibilities with regards to this one and the price might go down again, its hard to know seriously but if you really want to buy then better to set-up first your goal and strategy. If you want to play long then its fine to buy right now, but if you do want to play short then better to wait for another correction. We should always buy at a cheaper price and sell on a higher price, this is the basic rules of the market.

Renampun

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

You must be prepared with the potential for what will happen when you decide to invest...
at times like this it is very good to do scalping, being a daily and weekly trader is very good. In essence, you have to take advantage of the volatility that is happening in the price of Bitcoin and other cryptocurrencies, don't be afraid to get trapped.

batang_bitcoin

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Quote from: batang_bitcoin on March 02, 2021, 07:49:28 PM

Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

If you asked that question during the correction and followed the suggestion that you should invest, then you are in profit today. Whatever it is today, think of how much you afford to lose and how much you can potentially make with your money.
Does it still matter if it's bull or bear trap if everyone is still bullish and there's no way to know when this bull run will end? Do yourself a favor by investing before its too late.

In other words, make sure that you are really aware on your return on investment. Always assure that you have something in return before deciding on something. Only you who can say that this is the best time to invest, anytime can be the best time to invest, it is up to you.

About the return of investment, it should be your estimation when you invest in the potential altcoin that you believe that's going to be profitable for you.
Yes, about knowing when is the time to invest is always you. You have the power onto your own money and you should invest if you wish to invest and if you think that it's the time.

sgenuine

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

An experienced trader will always find the right moment to buy coins at a bargain price. And it does not matter what stage of the market will take place at the current moment. If you see a promising coin with an attractive value, then buy it without hesitation!

The market should always be viewed from the point of view of the opportunity to make money. Corrections give us the opportunity to make investments profitable and get decent returns. Despite the fact that a market correction may pose a threat and risks, it also opens up new opportunities at the same time.

shinratensei_

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

It's not the best time to buy when the price starter to recover. Keep in your mind if you must buy that when it was dipping. You must deal with the risk. If you buy when the price recovery happens and it will give you a big risk rather than buy it at the bottom price.
I see that there's no dead cat bounce right now but you must be careful if the trend can change to the bearish trend again anytime.
The only best thing for now to shorting the market and no more. If you are wanna buying it for the long term and you must deal with a high-risk decision.

adzino

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

Why do people keep on asking the same question? I bet you also had the same question in mind when the price was dropping? Weren't you thinking if "it was the right time to invest now or will the price drop further" ? Am I right? You probably kept on waiting, but then saw the price recovering and now once again you are confused.
Just forget about everything. If you can afford to lose, then invest no matter "if its a suitable or a bad time to invest". Invest and keep holding until you are satisfied.

Coinsfera

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

A bear market is currently going away. If you check out prices then you can see that Bitcoin and altcoin are getting momentum lately. But as regular people, we cannot know what will happen next. Regularly check out the market, news, and social media to see if there are any bullish signals in the market.

aryana42

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

In general, traders who are very active always buy when the lowest correction occurs and also when the correction starts to seem to be recovering, so in time it is very appropriate and always choose tokens that are in a good ranking because tokens that have a good ranking always have the potential to experience price increases.

Iyeman

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

Yes, it is but the time to buy already passed. This is not even a hidden trap and there will be good news will be coming very soon dude. The crypto market looks to steadily increase again. I may believe if bitcoin can surpass 50k resistance again. The bearish market already started to be passed again by crypto.
Crypto just need more and more good news to reduce the bearish trend. If you are buying crypto at the dip and you will able get at least 30% return from your investment.

The BB

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Study the market before choosing what to buy.
Diversify your risks by investing in several coins to hedge.
Carefully examine altcoins and do your due diligence before investing to avoid scams.
Keep the bulk of your coins in an offline wallet.
Don’t swallow promises of free coins, don't believe the HYPE.

deathcode

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Quote from: TastyChillySauce00 on March 03, 2021, 12:54:04 AM

If you're not so sure then simply just wait for another correction and in every bearish or market correction is a good time to invest since you got it cheaper but it all depends whether you want to hold or not if the price happens to go further down.
What makes you earn profit is how you can manage when to sell or buy and control your psychology, even if people buy in ATH they could get a profit if they hold it long enough until it hits new ATH.

regulate our emotions when the market is moving fast which may be very difficult for a beginner. panic feelings inevitably occur when the value of our assets has increased or decreased.
if you want to take safe steps you should indeed wait for the market to re-correction. because the current ATH price will be a reference for investment when the market returns below.

DapanasFruit

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

Generally speaking, this is still the best time to get into cryptocurrency, but you have to be careful by selecting the best ones that has the best potential that can grow by leaps and bounds in the next few days and weeks. When there is a big dip that is actually the best time to enter, but that is also the time we are afraid that the dip will continue longer, and we stand by only to realize that the market has already made the rebound. I am always a victim of this and I realize that there is something with my strategy. The strategy should be holding a digital asset for the long-term, except of course if you are into trading.

criket

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I do not recommend that you buy assets that are experiencing a big increase during the pump moment like now. some projects take advantage of the development and updating of their platform when the market is good. therefore they can get a price increase.
If you are not very good at choosing assets, I think investing now will trap you if the market is in a downturn. the correction will definitely happen, but we won't know when it will. study this market first, and come back when you have a good moment.

TastyChillySauce00

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If you're not so sure then simply just wait for another correction and in every bearish or market correction is a good time to invest since you got it cheaper but it all depends whether you want to hold or not if the price happens to go further down.
What makes you earn profit is how you can manage when to sell or buy and control your psychology, even if people buy in ATH they could get a profit if they hold it long enough until it hits new ATH.

carelessboy

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honestly i say you now bitcoin market very risky. any time bitcoin price will dump. if you invest now it's very risky.you need to wait some times.beacuse all altcoin also pump 5X-10X .waiting for dump then you come in.then you will earn profit otherwise you will lose your investment. its not right to buy any crypto.

elisabetheva

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We don't know if there are any fixes at this time. But while this is a fix for many people, for many people this is the beginning of the bear period. But right now no one is investing in fear because they don't know exactly what happened. You should invest in consideration of these two situations. Not only you, but everyone should invest in consideration of these two situations.

what you say can be a grip for those who are still afraid to see the current situation where the movement is fast, both down and up, of course, can make many people worry about doing things that are not according to predictions.

but it's better to wait for the right time in your opinion, whether it is appropriate to do something that should be done or wait for a situation that you think is very good to execute. all ultimately return to indivindu itself because you have the capital and you will experience everything if it does not match predictions.

information given to you by everyone you can examine before that is the step you are going to do. but for me the current situation is quite stable when it comes to investing.

Dragonfund

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

There is never a bad time in investment on Cryptocurrencies though you might be unlucky, your value of altcoins may drop if bitcoin drop or make a little correction but you shouldn't be worried, they will always bounce back and they are always faster in recovery. This is why altcoins alway outperform bitcoin in every scenario (I mean the gem altcoins, not this one's that hardly bounce back untill they are manipulated).
Again, don't listen to members that always buy the top 10 coins, learn to do your own research and invest wisely.

batang_bitcoin

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Quote from: MCcryptonia on March 02, 2021, 02:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

If you asked that question during the correction and followed the suggestion that you should invest, then you are in profit today. Whatever it is today, think of how much you afford to lose and how much you can potentially make with your money.
Does it still matter if it's bull or bear trap if everyone is still bullish and there's no way to know when this bull run will end? Do yourself a favor by investing before its too late.

Topic: Still a good time to invest or not - page 7. (Read 1226 times)