Market is recovering, what steps are you taking?

[Meta anggraini]

I try to buy some dip altcoins which i trust like EOS, IRIS, CLO. Its only small bag since i wont risk many because BTC have possibility to have more down trends.

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[kayiboyu]

I've made a little more investments after the huge dump. But I don't want more than it for now. Because the market has been really unstable for some time. I want to make a short-term investment also but it scares me to be honest. Because of that, I'm just waiting for now.

[Distinctin]

I try to buy some dip altcoins which i trust like EOS, IRIS, CLO. Its only small bag since i wont risk many because BTC have possibility to have more down trends.

Just invest the amount which you can afford to lose. It really has a bigger chance to generate huge profit if we have huge capital but we should remember the risk here and we set some limitations for that. And besides, if we have some extra money, then we have to buy more.
Not only it matter how much we invest but also matters the coins we choose. If we choose the right and potentially profitable, that might surprise you in the end.

[bussybuddy]

Looking at the market situation right now, I think it's not looking good for the year as there has been a lot of news as well as FUD for this market. Personally, I still think this phase of the market is just a test of our patience, and soon we will be happy again with what it is.

this is indeed a tough test for those who lack patience in investing, but we need to remember that ups and downs in the crypto market are normal, we just need to be a little patient in reading the current market that is not profitable.

Actually there were times when I also felt really hard when the investments during this period did not live up to expectations, but I think my instincts the market has come to this day will not be able to such pessimism. I'm pretty optimistic about the situation right now, if it continues to fall, I think it's time to make a long-term plan for it.

[bakasabo]

I'm currently holding, waiting and relaxing during summer. I dont feel like something is recovering. I think we will stay in this $32-35k price range for a while. There is no stability on the market right now. On the morning I saw green market, but right now it is red again. This red-green-red-green period will be long. Current market situation completely copies summer 2018, when the price was around $6k +/- $1k.

[indrakusumaindra]

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?

well im an old investors since 2018, all i do is hold, i think market are about to recovery and i do always give advice to all of my new friends who are new to cryptocurrency to not fear the correction and think it as an opportunity. many people are just following the hype and not buying when this the correction happen, this is definetly the best time to buy. cheers.

[Henrobakkara]

Looking at the market situation right now, I think it's not looking good for the year as there has been a lot of news as well as FUD for this market. Personally, I still think this phase of the market is just a test of our patience, and soon we will be happy again with what it is.

Soon when? because now we have entered Q3 for this year and the market is not showing any signs of making a change for the better,
so soon it is still not possible to say for sure.

Even if you believe that we are already in Q3 that means we have less time to get back to the last ATH and even surpass it, I believe you should have a rethink. I believe with Bitcoin anything can happen in the shortest time.



It took just about 35 days for Bitcoin to fall from ATH to the low of around $29k+ and if Bitcoin really wants to rally back, I believe there is still more time, 6 months still remaining in the year to do that. I believe anything can happen and I am still HODLing most of the coins and buy more if I have the funds.

[imstillthebest]

Waiting for the bottom could be hard because the price can go in different direction .
it would be better if you could buy something when price falls and don't mind it when the price falls again but think positive that it will recover and you can make a profit .
Now that market is slowly recovering , I'm watching it closely because I have a plan to sell some .

[kak uli]

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!!

[Sanitough]

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!!

For me, it's too early to say the market will be preparing for another bull run once this market recovery will continue. I do think this is more of a correction or another trap so we can buy at quite a high price and big players will laugh at us seeing that we are starting to lose again. Maybe we will continue buying while waiting for another dip. The market is definitely uncertain so if we keep on doing things without proper thinking and analysis, then we are making things worst for us.

[forexandcryptoauditor]

Truly speaking, i do not have any choice but to just watch the market. Looking at so called dips, i invested all my investment(which was for investment) into the market. Hope market will recover soon so that it can give good returns.

[FanEagle]

I personally decided to just give a bit of a break on going with the whole altcoin thing. Don't get me wrong I already have plenty of them, not a lot of money in most of them but I still have a lot in number of coins instead of amount of dollars, each with just few tens and so forth and combine doesn't even make too much.

However instead of looking into finding more and more new stuff, I just decided I am going to grow my current portfolio bigger as it is. Instead of putting that money into new stuff, I am going to invest it into the one that dropped the most, and then keep going like that until I have more of these coins instead of brand new coins. That way I do not even have to work too hard or research anything neither because I know these coins and I trust them as well, it is good enough for me so I am not going to really bother checking out new stuff.

[ILuckyGuyI]

Is it really recovering? I don't know, mate. I still have my doubts about it. Since the big dump, we have witnessed Bitcoin price recovering some. But things have changed very quickly. Now, I think that we can observe the same pattern. So, I have started waiting to make sure.

[Danslip]

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?

Since I can't see bullish market signs, I stay away from investing more in crypto market. The consequences of chasing long positions can be big in case of market goes south side, instead of risking on flat market to find the market direction I am fully sitting on USDT. After the BTC price crossing some price levels I will consider buying more. Otherwise, waiting the uptrend can be boring and better not to trade instead of making wrong trading decisions. It is hardest part to wait for uptrend.

[Hypnosis00]

Just wait for a while, don't get rush to sell you Bitcoin, and much better to buy some for taking the opportunity while it is still cheap. But don't be expecting more like we are moving for a huge comeback, sideways is always to see. If that it moves back at $40k it is good but dumps will then follow next. This what we have experience in the past few days and that might be the same in the next few days. Only just we need to have some fate.

[livingfree]

Just wait for a while, don't get rush to sell you Bitcoin, and much better to buy some for taking the opportunity while it is still cheap.

Buy while it's cheap and don't sell when it's cheap.

I don't sell bitcoins when it's low and that's quite disappointing when you have to sell at lows because there's a need to do so. But as much as you can, don't sell it if you are at loss. And while the market is still recovering, buy those cheap bitcoins already!

But don't be expecting more like we are moving for a huge comeback, sideways is always to see. If that it moves back at $40k it is good but dumps will then follow next. This what we have experience in the past few days and that might be the same in the next few days. Only just we need to have some fate.

Yeah, an expectation that we shall go back to $60k+ as quick as it can is quite hard to assess. There's no assurance that we'll get back there asap.

[iged_war]

honestly i am prefer to wait market pullback to see it is valid recovery or only bull trapped. this is my safest strategy to safe my money in uncertain market condition , we often to see market drop hardly after touch resistance and personally i am worry if this is bearish continuation. so waiting pulbck was my best strategy in this recovery to make sure .

[marilynmanson21]

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?

at this time I will not buy any coins, by looking at the very very bad market condition, maybe if it falls deeper I will just start buying if at this time it is better for me to hold the existing one

[Baimovic]

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?

My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction.

[dimonstration]

My decision when the market is in an uptrend, of course I will stay and monitor the market movement whether to continue the uptrend or there will be a deeper correction, if the movement triggers an uptrend, obviously I will take the risk to buy some coins which are quite safe even though the coin price will experience correction.

We better make sure if it is a trap or the recovery will continue. When it come to altcoin We must really alot time to monitor it as there are times that the other altcoins will just form hype in a span of time and may not recovers at all. If the market continues to recover without any news regarding the economy then it can be safe to say that it is going to recover and a safer trade can ve done .