Market is recovering, what steps are you taking?

[conected]

I think the market has not fully recovered because The biggest green today is still smaller then the biggest red few days ago

- This is just a step to test the rally and resistance levels, all this process is just a preliminary test version to get investor interaction, the home teams are in need of statistics to ensure the completeness of the detailed versions and it is better not to be aggressive and move at this time, data changes with high buying and too much accumulation can force the market to fall a few more beats. No selling and no action are our basic steps, the recovery is not at its peak there will be no suitable sell zone

[sapnu]

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?

Most of us will surely say that buying the dip is the best course of action right now in preparing for the next market development and I totally agree with that. Also, you can also try investing small amount on some coins that are still emerging regardless of the crisis in the market right now. Holding will be very crucial since those who didn't hold their investments during the 2015 market are traumatize and well aware as of now that another bull run will surely occur once again in the future. Market will soon recover again so make the best decisions that wouldn't lead to regret in the future.

[Kez1817]

Yes, market is now recovering but we need to wait more time if it really continue to increase in the next couple of days, weeks and months. But so far, I still do trading while holding my other coins and waiting for it's price to increase more.

[GideonGono]

Holding, It is the only step that I am doing right now since I gain some crypto when it went down for the last couple of days.
I am planning on holding it for a bit of time then sell and wait for another price fall to happen.

[SirLancelot]

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 the market as at now is just going to be stable. There isn’t going be big bulls and all that, but the market will just continue with little ups and downs for now till the time comes for the main bull run to start. And if you ask me when the main bull run is going to start, o can’t tell you when it is going to be, it might take a few years before what happened last repeats itself again.

Hence, for now it is just best for us to gather as much as we can, but I am going to do that slowly, there is no need for a rush. I can use the dollar cost averaging for now to be gathering as time goes on, if the price goes up I will make some profit, and if it goes down, I wouldn’t bother so much, because I was not in a hurry.

[leea-1334]

I'm not convinced with this market condition, simply feel like you are in rush to offer such expressions. What makes you think the blood letting is finished? I don’t understand, do you mean it's continuing the bull market for awhile! Might be possible reversal however we are as yet in a bear pattern. I'm not seeing a tradable pattern on this market. Are you seeing something?

Totally agreed here. If you have seen at least one cycle (I have only seen one but it is enough and I guess the majority of us here have only seen the 2017 one) then we know what a real bloodletting looks like.

We are talking not 50% dumps but 80 and even 95% for alts.

There has not been a real bloody time yet for us.

[adzino]

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?

Every dip is an opportunity to buy. The price went down, invest. The price dipped even further, invest even more to maximize your profit. You are seeing the price rising and you have money that you can afford to lose? Then go ahead, try your luck. You might be lucky. Even if the price drops after you invest, as long as you are holding, you will be fine. Just don't sell at loss. Keep holding and you will make a profit in the long run.

[justdimin]

This is just a step to test the rally and resistance levels, all this process is just a preliminary test version to get investor interaction, the home teams are in need of statistics to ensure the completeness of the detailed versions and it is better not to be aggressive and move at this time, data changes with high buying and too much accumulation can force the market to fall a few more beats. No selling and no action are our basic steps, the recovery is not at its peak there will be no suitable sell zone

People will always look at the end result and miss the small stuff in the detail. They just do not realize that even though we are nowhere near the top at the price and we didn't recover back to 40k levels, we still managed to get from at the bottom 28k price to 36k+ price, that is something good, and yes he is right that drops are bigger than the increases, which means we can drop 10k in a day but recover that in a week, but we still do recover and that is what people should be focusing on instead of all of this.

I do not know what to tell these people because they will always see the bad and rarely ever the good and that is why we are not going to see the big hype we had months ago, all due to people not getting hyped easily and all these increases are "not enough" for many. We need to be like 50k in a week for them to get hyped again which we all know won't happen, it takes time.

[abel1337]

I sold some of my coins before the dump happened and I kept all of the tokens I truly believe, I didn't falter at all seeing that the market had crashed just because I am willing to hold them for a long time and sell it to my target price. I still plan to hold them in months or years even if the market recovers but will sell them at my target price. Trying to accumulate more is a good decision but I think I'll wait more to buy some.

[BitTraderCute]

some coins were sold to get new liquidity while market crash and make new low, i am prepare to face this condition so i could take an advantages buying on dip. Some coins are  hold but only qualified and high potency project, this is  my strategy for long term and medium term. Soo i have to very dynamic when facing a volatile condition,

[jambul_kribo]

Personally  i am prefer to take safe step to my assets, i am not hurry buying any coins that looks like start to recovery. bitcoin price now could maintain above $36k level, and its good for us if could make it survive and not goes down again. Buying in correction will be good technique to validate its real recovery or only trap.

[Sled]

some coins were sold to get new liquidity while market crash and make new low, i am prepare to face this condition so i could take an advantages buying on dip. Some coins are  hold but only qualified and high potency project, this is  my strategy for long term and medium term. Soo i have to very dynamic when facing a volatile condition,

It is a smart idea. As an investor, we need to act accordingly based on what we saw in the market. People easily saying just HOLD, well, that was easy it was but the execution is really hard and still, it ends up selling later.

In this difficult situation, nothing could save us but just our own and that certainly be depending on every decision we've made. It is a risk-taking decision and that is why it needs time to do it.

[kawetsriyanto]

I just opened my binance app and noticed market is recovering

I think it is still too early to claim "the market recovers already".
In my opinion, we still need to wait for more clear signs for recovery. There is still much negative news and the increase of most crypto coins is still rather slow. Based on the fundamental aspect, the current situation in crypto market is still struggling to find a way for recovering. Let's "wait and see" first, just decide to buy again once there are strong signs of recovery.

what are the decisions you're making now

I didn't do anything for now. I prefer monitoring the market and wait for better signs for the next uptrend.
I ever bought some coins in the last few weeks. I thought it was already on the dip but the decline continues. I don't want to be trapped anymore, should be more selective to decide the time for buying.

[aprilnot]

yesterday i bought a lot, when bitcoin fell to 29k, i spent a lot of money to buy btc and some altcoins. and if by now the market has started to recover, I'm very happy. that means the choice I made yesterday was the right choice. and now i'm just waiting for maybe the closest target right now is bitcoin 40k, eth 2400, and bnb back to 320. hopefully this is achieved, and i will sell it at that time.

[junkerr]

yesterday i bought a lot, when bitcoin fell to 29k, i spent a lot of money to buy btc and some altcoins. and if by now the market has started to recover, I'm very happy. that means the choice I made yesterday was the right choice. and now i'm just waiting for maybe the closest target right now is bitcoin 40k, eth 2400, and bnb back to 320. hopefully this is achieved, and i will sell it at that time.

hope you reach your target. you can see the recovery is happening pretty fast. although in the beginning there was a dynamic market moving up and down quickly. but now seeing bitcoin pretty stable, I'm sure altcoins can get a pump back. although not all for sure an asset like yours will definitely get good momentum if bitcoin stabilizes and the altcoin market starts to make a good rally.

[farhanabd88]

We have also noticed that the market is recovering day by day so i think it will be in good position But in this time i have nothing to do just for observing. I have some coin in my wallet but lots of my fund is in loss in this time my fund is increasing because of market increasing. So right now i am in the holding position. Also i will hold my fund until it goes to the breakeven point. So in this time i am not taking any steps except hold my fund.

[chanler]

yes it is true that the crypto market is starting to crawl up, personally I still hold the coins that I have. I still hope the market price will rise even higher. I suggest not to be too hasty in selling the assets you have because we don't know if the market will rise again, so it's better to be patient and wait for the desired price. if you have more money, it's also good to buy coins at a low price and sell them later at a high price in order to get a big profit

[LogitechMouse]

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?

None.

I'm not moving any of my coins. I'm not also buying as of this moment because I don't have spare money to use to buy more coins. I've used it already during the last dip. In the past days, we've seen the market recovering and seeing some green candles and it might be a good sign but the market as a whole is moving sideways. We might see Bitcoin moving from around $30,000-$40,000 in the next few weeks. As an investor, lets just have plans and strategies.

[iTradeChips]

I think, as for right now, this is not the time yet for us to rejoice and make a conclusion that the market is fully recovering from the dip that has happened the past few weeks. Maybe we might have to wait a few more weeks before we can conclude that the market is ok again and no dips will happen. Anything goes for the next few weeks until maybe the end of the year. Hopefully we can at least get a stable Bitcoin hanging between $35,000 to $40,000 and then possibly by next year we will get another good run.

[michellee]

yesterday i bought a lot, when bitcoin fell to 29k, i spent a lot of money to buy btc and some altcoins. and if by now the market has started to recover, I'm very happy. that means the choice I made yesterday was the right choice. and now i'm just waiting for maybe the closest target right now is bitcoin 40k, eth 2400, and bnb back to 320. hopefully this is achieved, and i will sell it at that time.

Congratulations, you are making a profit if you sell, but I hope you can still have more patience and not sell because the bitcoin price can be back to the high price. Once that can happen, you can sell some amount and profit while you can keep the rest of bitcoin you have to sell at the next highest price. Yes, bitcoin will increase to $40k even higher and if that can happen, the altcoin will also follow increase. It will achieve someday, while right now, we can accumulate more bitcoin and wait for more.