Market is recovering, what steps are you taking?

[Baihaki Khaizan]

In my opinion, when you see an uncertain situation, you should first hold some of your assets, and watch the market to release a little of your assets when the situation starts to improve by using a short time scheme in the market, so that we don't panic when the market is back in free fall.

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[roosbit]

For now just spending less of the crypto and more on fiat, avoiding draining my crypto pockets as a bull run is about to happen.

Isnt it too late to make any stepa anymore? I mean those who wanted, has already bought bitcoin at the price of 30-31k. Now bitcoin seems to be expensive. The only thing to do that is left is to hold. Buying right now will give only several percents of profit.

Let's just say there is nothing like being late, if you buy your crypto at $60k today and price soars as high as $500k would you wish you bought more at that so called high prices ? I guess you would. Today price might look high but in the future this will a missed opportunity to claim so cheaper coins.

[raes]

With the current conditions, the best option is simply to hold the coins you have to be able to wait for the right time to sell them. Of course we have to adjust the capital we have so that it doesn't spend too much of the existing capital, and set aside your capital to buy bitcoins so that it becomes your investment savings.

the potential for bulls to come again this year does exist. or the actual market this year is already at the bottom after the correction that occurred.
some people will think the correction will happen again even deeper. but some also think the market will start pumping again.
if we really are at the bottom of the dump, I think the momentum this year will build again from the ethereum updates and influencers who are very active right now.
not to mention the positive news from amazon that made the market strengthen yesterday

[the rise]

For now, I prefer binance smart chain. the reason is that this is similar to etheruem with low cost and high speed. of course with this the community is very happy, and not a few also they switched from erc20 to bep20 due to the very high cost.

[Insomnia family]

unstable market situation, made me to continue to think and take action before the bear market came. at the same time of course I took the decision to buy some of the top coins and keep them for the long term. most of them in mid 2020. I'm starting to add more than I can afford and some have been a big surprise this year and some I've set aside for the long term.

[efreeti]

With the current conditions, the best option is simply to hold the coins you have to be able to wait for the right time to sell them. Of course we have to adjust the capital we have so that it doesn't spend too much of the existing capital, and set aside your capital to buy bitcoins so that it becomes your investment savings.

the potential for bulls to come again this year does exist. or the actual market this year is already at the bottom after the correction that occurred.
some people will think the correction will happen again even deeper. but some also think the market will start pumping again.
if we really are at the bottom of the dump, I think the momentum this year will build again from the ethereum updates and influencers who are very active right now.
not to mention the positive news from amazon that made the market strengthen yesterday

I think the Amazon news have shown how really good news can get the market going even though it turned out to not be true as it was publicly portrayed. It looks like the market doesn't trust Amazon's denial and everyone thinks that there is still some truth to the story. If we can have a number of very positive news and some bullish whales in addition, that could be the perfect cocktail to get another serious bull run going during the second half of the year.

[speedforce]

I won't buy anything till market makers stretch every inch of blood down to the bottom. Market makers play wisely and they know that high prices will not let them gain bigger in short term, so they don't let any chance slipped from their hands at plunging the markets during weekends. They intentionally do it to shake out investors who buy high and sell low while these market makers are short at it.

Its sounds like what really happen in the market recently, but my choose is follow their play to short small btc when the price rise, i hope i gain some profit from it so i can buy more when price going dip again.

[Qikiye]

Market now starting to improve and already hitted again $40k Bitcoin price , I already think that when bitcoin would again hitted $50k then I would sell half of my Bitcoin and some altcoins. But I don't sell my researved Binance coin.

[bakasabo]

Market now starting to improve and already hitted again $40k Bitcoin price , I already think that when bitcoin would again hitted $50k then I would sell half of my Bitcoin and some altcoins. But I don't sell my researved Binance coin.

Why do wish to hold Binance coin? I think that when the market really starts to recover or grow, Bitcoin will give more profit than BNB.
Btw, Binance is in a tricky situation right now. Their CEO is looking for another person for his position. They slowly began to force people to pass KYC. I'm not mentioning all these problems with countries which banks refuse to work with Binance.

[Dump3er]

Market now starting to improve and already hitted again $40k Bitcoin price , I already think that when bitcoin would again hitted $50k then I would sell half of my Bitcoin and some altcoins. But I don't sell my researved Binance coin.

Why do wish to hold Binance coin? I think that when the market really starts to recover or grow, Bitcoin will give more profit than BNB.
Btw, Binance is in a tricky situation right now. Their CEO is looking for another person for his position. They slowly began to force people to pass KYC. I'm not mentioning all these problems with countries which banks refuse to work with Binance.

Very difficult to tell at this point. What is more likely, that BNB goes from $300 to $1000 or that Bitcoin goes from $40000 to $120,000? I think in another massive bull run where Bitcoin triples in price from now, BNB is probably going way beyond $1000 and generate more gains than many of the other coins.

[Sanitough]

Market now starting to improve and already hitted again $40k Bitcoin price , I already think that when bitcoin would again hitted $50k then I would sell half of my Bitcoin and some altcoins. But I don't sell my researved Binance coin.

Just hope that Bitcoin can be at a price of $50K in the near future, because when Bitcoin is at a price of $50K, Altcoins will also experience a good price increase even though it will not come close to the ATH price that has been achieved before.

We don't need to wait at that price, as bitcoin started to be bullish again, we again sees some increase of altcoins in the market
As we can see in https://coinmarketcap.com/, the top 15 performers in the last 7 days belong to the altcoins.

The wait is over, the fact that we had already seen an ATH this year and altcoins season as well, altcoins could rise anytime as long as bitcoin is bullish.

[rosebrand]

The crypto market is all about risk and reward, but you must manage risk to stay profitable, looking at the market I could possibly say it isn't a trap tho, so many good news dropping lately and this is actually building the mind of investors to invest, so price is likely to pump but if the reverse be the case your risk management here would depend on the coin you invested in, choose a coin with great potentials and strong support, that's why I choose $near! It's project is fucking rich and pulling out big moves in the crypto space already.

[slaman29]

Market now starting to improve and already hitted again $40k Bitcoin price , I already think that when bitcoin would again hitted $50k then I would sell half of my Bitcoin and some altcoins. But I don't sell my researved Binance coin.

Just hope that Bitcoin can be at a price of $50K in the near future, because when Bitcoin is at a price of $50K, Altcoins will also experience a good price increase even though it will not come close to the ATH price that has been achieved before.

Just because we "hitted" A doesn't mean we're going to "hitted" B. I'm happy we're staying near 40k, but we need to spend a full week ABOVE it to seriously look at next steps and it's very uncertain if this will happen.

I'm still going to sell what I need this month, no more no less than usual. Just hope it doesn't crash badly tomorrow;) *CME futures*

[Sihab76]

Since the market is getting a little better than before, so am I.I will sell some of the deposited coins and invest in Bitcoin. To my knowledge, Bitcoin is the best coin for the longest investment in the world.

[Digital_Lord]

Many got big losses in that dump and still, they are in loss. Now it is time to recover our all loss. This is NFT trend guys so take your full profit with it. I think many have recover their losses in this NFT trend, so what are you waiting for go and take profit.

[efreeti]

Many got big losses in that dump and still, they are in loss. Now it is time to recover our all loss. This is NFT trend guys so take your full profit with it. I think many have recover their losses in this NFT trend, so what are you waiting for go and take profit.

Not everyone will recover their losses as they might have been forced to sell at a loss, i.e. they are out of the market anyway. For those who held and went through a little sweat, the world is looking better now. Blue sky is ahead of us Maybe we can soon reach the former ATH again.

[WNTRjon]

I filled up during the market downturn, so now I am just in a HODLing pattern. Other steps I am taking include supporting Bitcoin, Ethereum, and a few other projects with solid fundamentals. I am not interested in selling anything anytime soon. Luckily I can afford to HODL for years of ups and downs without needing to take a loss or sell too early.

[Wicked17]

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?

For me i never doubt the capability of cryptocurrency. Whenever its a dip status i always buy some extra coins so when the time that it went high will get a lot of profit.It always an opportunity for those times.

[leetcoiner]

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.

[seleme]

Personally, waiting for the clear direction of trend before investing more or liquidating the rest of the trading positions. Waiting for the reversal or breakout is the best method to find the trend direction, otherwise, manipulation can cost huge if something goes wrong. The fake breakout will bring the fools to buy more but the pro traders will keep selling to the newbies and the free liquidity will be provided to these guys. Being a smart trader and having a decent analysis ability shouldn't let the trader keep making the same mistakes and expecting different results, IMHO.