Market is recovering, what steps are you taking?

[lablab03]

Making TA is always the best way if you see market is gradually recovering  because you can't tell if it's safe to make investment or not if you will not make your own research and technical analysis before making decisions.. Its like you just dive in to the trap.

[ethereumhunter]

When the market starts recovering, that will be the time for us to prepare to sell our coin at the price we want. But if you want to hold your coins for the long term still, you do not have to do anything except just waiting for more. At this time, I still wait and see what happened to the market and if I see the market is down for more, maybe I will buy for some amount.

[Dr.Osh]

In fact, so far I'm still holding onto the altcoins I own since bitcoin's price is still at $58000. however, I may incur a sizable loss, but so far, I'm still trying to hold on to my altcoins until the bitcoin price is at $44k. however, I believe altcoin prices might recover, even more than 40% recovery is enough to make me come back quite satisfied.

[X-ray]

Making TA is always the best way if you see market is gradually recovering  because you can't tell if it's safe to make investment or not if you will not make your own research and technical analysis before making decisions.. Its like you just dive in to the trap.

even TA can't 100% sure that it can save our ass from the traps, etc. The market of cryptocurrency is rather unstable not to mention when there's a lot of fud that could make technical analysis become rather useless since those fuds that coming out from big country like china for example could change the market direction like almost suddenly, good thing though it's now not really that vulnerable, i'm personally just wait until the price reached my targets then I executed my transactions.

[lienfaye]

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 already buy additional coins week ago so just waiting for an increase to take profit.

There's nothing much to do but to analyze the market for the possible movement on the coming days.

If you're planning to invest in crypto its better to do it now before the market recover consistently.

[Ceyflix-Rez]

I think the market is simply giving everyone another chance to sell and exit, this isn't a new bull market coming back and moreover BTC at 30k isn't a full bear market yet so I believe there will be more red market in coming weeks, this isn't a buying season

[fielkun]

Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.

[distr@yopmail.com]

In fact, so far I'm still holding onto the altcoins I own since bitcoin's price is still at $58000. however, I may incur a sizable loss, but so far, I'm still trying to hold on to my altcoins until the bitcoin price is at $44k. however, I believe altcoin prices might recover, even more than 40% recovery is enough to make me come back quite satisfied.

You have the power to hold on to your assets despite the losses that pose a threat to you.
you also have a good plan for the altcoins you create. although you certainly hear a lot of communities who actually voiced the state of the market will get worse. because the current movement is more towards improvement. this is profitable for you. Hopefully, your target can be achieved more quickly.

but overall I believe, many holders have released their assets because of the dump that occurred some time ago due to panic. and perhaps they have now regained the confidence to enter the market.

[trauchot]

I think that now there is just a slight growth of the cryptocurrency market, which will end in the next few days, or somewhere in a week or two, and then the next correction of the cryptocurrency market will start again, so for now I just watch the movements of the cryptocurrency market and I just wait for the next correction, because I have already made a list of cryptocurrencies in which I will invest when the prices of these cryptocurrencies will fall very much.

[maydna]

Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.

You have a good list of coins. Sooner or later, the market will turn green, and this time, the market is trying to increase. Although it seems hard to rise, it will still rise at the right time. The profit will come back to us, and we need to have more patience. I already buy some coins before, and now I am just waiting for the time to see one by one of the coins increase higher.

The investors will still buy the potential coins, especially buy bitcoin for more because they know bitcoin price can increase anytime. They just don't want to be late to have more bitcoin before the price increase.

[maxreish]

One thing I am going to do:

- STILL HOLD

As I am one of those who still stucked on this market and although I am expecting it to be bearish but the massive drop really upset the hell out of me and did not convert it into stable coins. Anyway, whatever it takes. Holding patiently will be the solution to achieve again some profits. Seen this situation before but I manage to still keep my coins, bull is just around the corner.

[Jackl87]

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 would still be careful as we don't know yet if the market really starts recovering or if we are just experiencing a few days of rising prices before it the trend goes downward again. I hope that Ethereum can stay above 2000$ now for a while and then starts climbing again towards 2500$ and higher but i am rally not sure if that happens. It can also go down towards 1500$.
As to what steps i am taking now...none to be honest...i hodled through the rough last 8 weeks or so and saw my portfolio, which consists mostly of small cap altcoins, shrink down to 1/10th of its ATH value from back in April. So now that i am back at 1/8th of that value i will keep waiting of course.

[yazher]

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?

That's how the crypto market works that's why most of the time when the bearish trend takes place, the first thing you need to do is to practice patience and perseverance. You also need to have a good mindset that the market will recover after it. As we can see, it might not recover that big again but when it starting to get well, it will continue for a short time or directly to recover its lost value again. There is also some tendency that it will create another ATH but the bottom line is, it will recover as soon as possible.

[btcltcdigger]

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?

The real action should have been taken about a week ago during the bottom.
Now, just wait for the price which suits you and sell

[BobK71]

The market has recovered a bit but is now in a terrible zone. And the market is very calm now. Now if Bitcoin starts to decline in any way, it will go to the zone of 20-25 thousand.  Which will destroy a large part of the market. So I decided.  I will now convert all my crypto to stable coins like USDT,  BUSD And  I will bought Bitcoin and BNB again later

[Gorosden]

The step in taking presently is selling what I can, bulls aren't coming back and some are already getting their hopes up, I'm not confused until BTC hit 40,000$ maybe? Everyone have their own decisions to make but this is mine

[StephenJH]

The best step is to HODL, no reason to sell the altcoin if the market goes up now. The recovering markets will be with us  for a long time, I wanna hold at least three more years.

[bitterguy28]

Time to get cautious when you lose thousands of USD months ago. No steps taken. For all, we know if the price won't be able to break $35,000, this could dip again below $30,000.  Zoom out your charts yet before trying to buy. It's not retracing back to the bull market. There are seas of negative news out there and it's not going to make crypto good any moment.

this already broken the 35,000 value and now almost taking the 36k back again

https://coinmarketcap.com/currencies/bitcoin/

I think this is enough for the value to tell that Bull is coming back once more..

The step in taking presently is selling what I can, bulls aren't coming back and some are already getting their hopes up, I'm not confused until BTC hit 40,000$ maybe? Everyone have their own decisions to make but this is mine

lol , look at the market now .

[Ndlongap Ndlongop]

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 choose to wait, I've invested about $450 for 8 altcoins, and I still lose about $100, I think the amount of negative news about crypto is making the market sluggish.

[tsaroz]

I've already made my move and placed several sell orders of upto 90% of my holdings starting from a rise in price of 10% to 100%. I can't risk of losing money if there's another bear. The rest of 10% are just incase the price goes much higher than doubling. In the last bull, I had bought bitcoin at an average of 9K and
sold it all for x2 profit at 18k and that was the largest mistake I've made.