Market is recovering, what steps are you taking?

[Sanitough]

If you have bought at its dip then you have now profit of 30% in BTC, the market is now looking good and I am bow expecting that BTC will reach $100k within this year. As of this current price this is still worth of buying. Always grab the opportunity when you see a dip then buy it right away as bitcoin will never be dead and will increase its price year by year.

There's a lot of bullish expectation or prediction, but we never know if it would happen, thing is, we easily react when we see there's a massive price movement and because we are bullish and we are biased, we thought this pump would result to another ATH of bitcoin, we shall see this year.

[1714188259]

1714188259

[1714188259]

1714188259

[1714188259]

1714188259

[blue_nexus15]

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 only buy in the form of accumulation because I don't have enough money.  Every month I withdraw my salary from the bank and split it to buy bitcoins and 1-2 altcoins.  In fact, we have been moving sideways in the $29-40k range quite a few times and it has not been broken yet.  “An ant that leaves food for a long time will fill the nest” is a saying that I consider expensive and apply to investment.

[Vaculin]

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 only buy in the form of accumulation because I don't have enough money.  Every month I withdraw my salary from the bank and split it to buy bitcoins and 1-2 altcoins.  In fact, we have been moving sideways in the $29-40k range quite a few times and it has not been broken yet.  “An ant that leaves food for a long time will fill the nest” is a saying that I consider expensive and apply to investment.

Nice saying, you must be disciplined with your long-term investment strategy, I admire you with that and keep going mate as bitcoin will not only reach $100k, it could reach more in the long run. Bitcoin is again in its volatile stage, it stays at $30k ' ish, but it could pump or dump, but I believe the current price is already a good price if you are going for accumulation.

[slaman29]

If you have bought at its dip then you have now profit of 30% in BTC, the market is now looking good and I am bow expecting that BTC will reach $100k within this year. As of this current price this is still worth of buying. Always grab the opportunity when you see a dip then buy it right away as bitcoin will never be dead and will increase its price year by year.

Actually if you bought every dip this year and sold every time at 35k even you'd have made triple the BTC AND now gained 30%. But there you have it right? Trading looks so tempting and everyone sharing their wins but when you try it, you realize no one can predict these dips and recoveries, so best to just hold and keep the regular buy periods. Then you always win no matter what.

[Pamadar]

If you have bought at its dip then you have now profit of 30% in BTC, the market is now looking good and I am bow expecting that BTC will reach $100k within this year. As of this current price this is still worth of buying. Always grab the opportunity when you see a dip then buy it right away as bitcoin will never be dead and will increase its price year by year.

Actually if you bought every dip this year and sold every time at 35k even you'd have made triple the BTC AND now gained 30%. But there you have it right? Trading looks so tempting and everyone sharing their wins but when you try it, you realize no one can predict these dips and recoveries, so best to just hold and keep the regular buy periods. Then you always win no matter what.

Correct! it's easy to watch and read than doing it in an actual trades.

Very tempting to think that if you keep buying the dip which more and less is very hard to anticipate, you'll keep earning decent.

But the truth behind it, in the process the chance of losing is also high one simple dumped can move you to change your position
and lead you to sell your investment with losses fearing to keep losing more.

[clarkt]

I am actually preparing for the last quarter of the year as the market progressively recover.  The bear signal is still here and until we break $42k in bitcoin price,  there might not be any bull signal to buy!  I will continue to watch the market closely as I take few opportunities that comes up here and there. 

[rozak]

I am actually preparing for the last quarter of the year as the market progressively recover.  The bear signal is still here and until we break $42k in bitcoin price,  there might not be any bull signal to buy!  I will continue to watch the market closely as I take few opportunities that comes up here and there. 

bitcoin increase I don't think it will be too strong. rather what we will see is the stabilization of bitcoin in the market.
the last quarter I believe is the momentum for the altcoins to fly. we just need to wait for bitcoin to stabilize above and we will get what we expect from the altcoin market.

[sirminesalot]

Personally, I just watch, participate in parallel in various IDO launcher pads, they still bring in money, albeit not as much as at the very beginning of the bull run.
At the same time, I study the market and the structure of DeFe in more detail, I do not want to miss a strong idea.

Got the same strategy, watch first and some little buy entry when the price going low. But focusing on earning rather than trading. You should also jump into NFT because it's in the hype right now, DeFi is also hype in early quarter of this year but NFT going crazy lately. So it's not bad if you study more about NFT too for some knowledge purpose

[raes]

The market is recovering but my coins are not increasing, I would definitely sell them right away if I profited but its slowly went down, seems I still keep holding and hoping to increase in the next month. If my coin will go bottom maybe I will buy more because their project has potential, it's a game project.

Don't panic too much like that. you can make better and wiser planning with your assets.
if you don't get an increase during the bull market you can check again how the team is working to develop the project or not.
because in the current market improvement indeed not all altcoins can increase their value. some of the ones that work I guess are those that get support from the market community. trade increases so there is potential for price increases.

[kizlod]

Market is trul recovering now
I've bought BTC, ETH and LTC while it was dipping so i'm just holding now and just looking how charts go up.

[Rakeshten]

Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.

[slaman29]

Actually if you bought every dip this year and sold every time at 35k even you'd have made triple the BTC AND now gained 30%. But there you have it right? Trading looks so tempting and everyone sharing their wins but when you try it, you realize no one can predict these dips and recoveries, so best to just hold and keep the regular buy periods. Then you always win no matter what.

Correct! it's easy to watch and read than doing it in an actual trades.

Very tempting to think that if you keep buying the dip which more and less is very hard to anticipate, you'll keep earning decent.

But the truth behind it, in the process the chance of losing is also high one simple dumped can move you to change your position
and lead you to sell your investment with losses fearing to keep losing more.

Yeah, just like everything online. Easy to become a freedom fighter and human rights activist and whatever it is, including trading, when typing on your screen from some comfortable sofar somewhere. But to do any of those things actually requires a lot of hard work and tough times that most people aren't willing to perform.

Those buying the dip guys play with fire, imagine if they sold again at 40k now thinking of a 35k dip and this rally doesn't end? Was doubling their BTC and to sell at 40k worth it to miss a bigger rally?

[Sanitough]

Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.

They took the risk as well, but the decision is right because that price is 50% off from Bitcoin's ATH. I would do the same as I know somehow bitcoin will bounce back and we are already seeing it now, however, there's still a risk as there's no assurance that the current pump we are witnessing will continue.

As the market is so unpredictable, we need to make a good game plan.

[efreeti]

Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.

They took the risk as well, but the decision is right because that price is 50% off from Bitcoin's ATH. I would do the same as I know somehow bitcoin will bounce back and we are already seeing it now, however, there's still a risk as there's no assurance that the current pump we are witnessing will continue.

As the market is so unpredictable, we need to make a good game plan.

I know we are often following patterns and patterns taught us that whenever Bitcoin drops, it will bounce back better. But there is one thing beyond doubt and that is, that the day will come where Bitcoin won't bounce back better. For now we all believe to know that there is so much room to grow that it will still hold true, but at what point would even the strongest believers become skeptical that Bitcoin will recover from a 50% drop?

[Fredomago]

Those who bought BTC at 28K-32K$ are now in big profit. They took entry at right time. The new monthly candle will start tomorrow so I think we should not do any trade and wait until tomorrow if BTC continues going up then that will be a great time to buy and hold altcoins as well as Bitcoin for recovering our losses.

It's good to assess and observe instead of rushing things out, though if you feel that the market will continue to move stronger buying those good alts together with Bitcoin is good.

As long as you really anticipates that there's something good to follow up this ongoing rise, taking your step placing some investment.

Just make sure that you are willing to spare and wait in case that it won't go according to your targets.

[mulia sabee]

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!!

[Jaered]

It is always a good idea to look out for those top 10 coins and buy them up as the market starts to recover. And these days some DeFi tokens showing promises should be snapped up and bagged since you get to stake their LP tokens for more money

[hamba laeh]

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 rise and fall of altcoin prices is a natural thing in trading. but we all have to be vigilant because we don't want to lose the assets we have because of the carelessness we have done. and every trade we make carries a risk. but we must be able to minimize the risk that we will get later. so in my opinion we have to take a big risk to be able to get a big profit in trading.

[RussianEnglishTranslation]

Most of my bags are full and I am just waiting for the top of the bullrun to sell some but I am still buying some Celo, IOTA, and NEAR.

[Pelana vreo]

-snip-

HoDl is a good choice if you prefer long term investments, however I trade with a small profit of 1 to 3%.
Buying when the market is in a bearish trend is a good decision, but you need to buy top coins to avoid scams, if you choose new coins, then keep doing research by looking at the number of liquidity pools to avoid losses when the project ends in fraud