Traders, y'all buying, selling or on the fence?

[dunfida]

Wait and see is probably the best bet. The recent decline just started, after all, trying to take a position quickly may make you get some unnecessary losses when you could've planned it out much better. Definitely not the time to enter and expect Bitcoin going up, but if they really want to, they can try spreading out their investment times to different periods, just so that you won't lose everything by entering now or entering later. Profit is smaller, but hey, that's the price for it.

Wait and see is a line for those who arent really sure about their capacities and capabilities towards trading or investment where you do wait when the market would have risen up already?

When it comes to times like these then you would need to make some action but there are instances on where patience would be tested out.

Honestly this is the best time on buying coins while its still on sale but of course purchase with your own risk.

[sana54210]

Recent events needs nerves of titanium! Good time to sell? Good time to buy? Wait and see...?? Where are you in this equation, and why?

Right now I am on the buyer side of things but not buying as of right now, I bought, it's done and now I am on the waiting side. I do not understand why people are worried about a potential bear run, what did you expected to happen when it was on a bull run? Keep going on a bull run forever without ever going down? Obviously after a bull run there is a bear run because price can't keep going up forever and that will ruin all your "profits" at that point but if you keep buying at lower level once again and can wait for years eventually you are going to have another 10x one day, just focus on where you can buy.

I didn't buy for the past 36 hours or so, probably longer than that as well, I am just very happy that it reaches 30k and hopefully even lower because that means that we can buy at those prices and make a 10x easier, when you buy at 20k and it is 200k it is 10x profit but when it is 60k, you need 600k for 10x that is 3x more for the same profit.

[LUCKMCFLY]

I think that the way out of all this has to do with the way in which the market is attacked, each trader has his way of seeing the market and for each trader his way of thinking is correct, in this case the short-term market has gained 4.41%, which is excellent:

On the daily chart, Bitcoin (BTC) can keep rising as bulls have seized the initiative in the short-term case. The closest level at which sellers may return to the game is the vital mark of $40,000, as the buying volume is not enough for a long-term bull run.

Source: https://u.today/btc-bnb-xlm-and-yfi-price-analysis-for-june-2

I think the best for now is to stay in Hodl mode, if BTC continues to rise I think many will have huge profits, at least if it reaches $50k it is already a lot that investors will soon put in more money.